Page 14 - Latest Updates on Stock Market
Apollo Hospitals Q3 results: Net profit declines 33% to Rs 153 crore
Revenue of existing hospitals grew 9 per cent, while the new hospitals grew by 8 per cent
 "Apollo Hospitals Q3 results: Net profit declines 33% to Rs 153 crore")
Hindenburg effect: Trading volumes rose amid rout in Adani Group shares
Higher volatility in markets prompts traders to get more active
 "Hindenburg effect: Trading volumes rose amid rout in Adani Group shares")
Adani rout creates a dent in Quant MF portfolios as key holdings shed 24%
At the end of January, Quant MF had close to Rs 950 crore investment in Adani Ports and Ambuja Cement
 "Adani rout creates a dent in Quant MF portfolios as key holdings shed 24%")
Adani Enterprises bounces 17% from day's low on massive jump in Q3 profit
For Q3FY23, Adani Enterprises' consolidated profit after tax (PAT) came in at Rs 820 crore as against a loss of Rs 12 crore in the same quarter last fiscal (Q3FY22)
 "Adani Enterprises bounces 17% from day's low on massive jump in Q3 profit")
Equity investors remain bullish on metal and mining stocks, shows data
This has driven a wedge between companies' earnings and their market capitalisation
 "Equity investors remain bullish on metal and mining stocks, shows data")
Despite numerous books, good financial advice hasn't changed in 300 years
Mortimer's success at opening up what was in retrospect an obvious market (who doesn't want to know how to get rich?) encouraged a raft of similar publications
 "Despite numerous books, good financial advice hasn't changed in 300 years")
Adani saga: Easy come, easy go
The story of "sudden volatility" isn't so sudden and starts in mid-2020, except that it was upward volatility then
Adani-Hindenburg row: Supreme Court for expert panel on investors' safety
Seeks Sebi's response on regulatory framework modification
 "Adani-Hindenburg row: Supreme Court for expert panel on investors' safety")
Paytm slips 9% intra-day as nearly 5% equity changes hands on NSE
Till 09:50 am; around 32.25 million equity shares, representing nearly 5 per cent of total equity of Paytm, had changed hands on the counter, data showed
 "Paytm slips 9% intra-day as nearly 5% equity changes hands on NSE")
Fresh troubles: Adani Group stocks decline on MSCI free float review
Index provider questions 'characteristics' of investors; validation, says Hindenburg chief
Domestic shareholding NSE-listed firms hit fresh record high of 24.44%
Shareholding of retail investors fell 11 basis points quarter-on-quarter to 7.23%, while that of high networth individuals (HNIs) also declined 1 bp to 1.89%
 "Domestic shareholding NSE-listed firms hit fresh record high of 24.44%")
Here's why Vinay Rajani is bullish on Dr Reddy's, Oracle Financial Services
As per the technical analyst, the Budget session high of 17,973 and low of 17,353 have become crucial levels to watch out for any directional move in the Nifty index
 "Here's why Vinay Rajani is bullish on Dr Reddy's, Oracle Financial Services")
Demat additions in Jan hit six-month high to take total past 110 mn
Nearly 2.2 mn new accounts added despite turbulence in the market
 "Demat additions in Jan hit six-month high to take total past 110 mn")
Stock of this smallcap company has zoomed 58% in 6 days on strong Q3 result
In the past 9 months, the stock of Apar Industries has skyrocketed 245 per cent
 "Stock of this smallcap company has zoomed 58% in 6 days on strong Q3 result")
Stay selective on defensives amid current market volatility: Analysts
Given the uncertainty on how the market trajectory may play out ahead, analysts believe investors can rotate allocation from high beta stocks to defensive plays albeit selectively
 "Stay selective on defensives amid current market volatility: Analysts")
Adani Ports rises for second straight day; stock up 26% from Monday's low
The stock rose even as global rating agency Standard and Poor's (S&P) on Friday revised the outlook on Adani Ports and Adani Electricity from 'stable' to 'negative'
 "Adani Ports rises for second straight day; stock up 26% from Monday's low")
TCS hits over 7-mth high; rises 4% in three days despite market volatility
Analysts at ICICI Securities expect TCS' margins to improve from FY23 onwards due to utilization improvement and moderation of sub-contractor costs
 "TCS hits over 7-mth high; rises 4% in three days despite market volatility")
Reconsider Satyam order: Securities Appellate Tribunal to Sebi
Regulator had fined Ramalinga Raju, others and banned them from market for 14 yrs
 "Reconsider Satyam order: Securities Appellate Tribunal to Sebi")
HDFC Life hits lowest level since May 2020; slumps 17% in two days
The government has lifted tax exemption on life insurance policies issued with aggregate premium of over Rs 5 lakh in a year (other than Ulips) with effect from April 1, 2023
 "HDFC Life hits lowest level since May 2020; slumps 17% in two days")
How Hindenburg Research gave a masterclass in financial globalisation
Even for those Indians who don't have shares in the Adani group, the concern now is the health of their portfolios
