Page 16 - Latest Updates on Stock Market
Nearly 28 million demat accounts added in 2022, shows data
The pace of growth was 34.3 per cent, which was lower than that of 2021 which stood at 61.8 per cent
 "Nearly 28 million demat accounts added in 2022, shows data")
TCS Q3: Weak deal wins, negative headcount signal slowdown, say analysts
TCS Q3 results: QoQ decline of 2,200 employees in the total headcount and de-growth of 3.7 per cent in deal bookings at $7.8 billion are indicators that point towards a slowdown, analysts say
 "TCS Q3: Weak deal wins, negative headcount signal slowdown, say analysts")
Sebi to extend trading hours in case of outage at stock exchanges
In case normalcy is not restored till 2:15 pm, trading hours will be extended till 5:00 pm
 "Sebi to extend trading hours in case of outage at stock exchanges")
Bulls stage turnaround on Monday; key reasons why Sensex rallied 850 pts
The market sentiment got a boost from jobs and services data in the US, which hinted at a cooling economy prompting bullish bets from investors
 "Bulls stage turnaround on Monday; key reasons why Sensex rallied 850 pts")
TCS Q3 preview: Margins to expand sequentially; Revenue may grow 16-18% YoY
TCS Q3 results preview: As per brokerage estimates, TCS may post up to 18 per cent Yo revenue growth to an average of Rs 57,446 crore. The bottom line could rise 10-16 per cent to around Rs 11,046 cr
 "TCS Q3 preview: Margins to expand sequentially; Revenue may grow 16-18% YoY")
Landmark Cars hits new high after weak debut; surges 17% in two days
With last two days' gains, Landmark Cars is now trading 15% higher against its issue price of Rs 506 per share. It has and bounced 34% from its low of Rs 433.20 touched on December 26
 "Landmark Cars hits new high after weak debut; surges 17% in two days")
200-DMA of BSE 500 companies rises but gains may not be broad-based
97% of companies were above mark when indices hit all-time high in Oct '21, against just over 55% presently
 "200-DMA of BSE 500 companies rises but gains may not be broad-based")
Swan Energy hits lifetime high after NCLT nod to acquire Reliance Naval
Once RNAVAL is acquired, the company will have a new and robust sector at its behest, the company's management said
 "Swan Energy hits lifetime high after NCLT nod to acquire Reliance Naval")
Best of BS Opinion: Market sentiment, economic stress tests, and more
Here is the best of Business Standard's opinion pieces for today
 "Best of BS Opinion: Market sentiment, economic stress tests, and more")
Pitfalls in second-guessing markets
The crystal ball can never anticipate all big events that move the market, and impact economies and countries. And yet, we have an insatiable desire to lap up forecasts
Top Headlines: SBI, LIC set to see new faces, worst yr for rupee since 2013
Business Standard brings you the top headlines at this hour
 "Top Headlines: SBI, LIC set to see new faces, worst yr for rupee since 2013")
RBL Bank jumps 5% to hit new 52-week high; surges 22% in past one week
The stock has recovered 150 per cent from its record low level of Rs 74.15, touched on June 20, 2022
 "RBL Bank jumps 5% to hit new 52-week high; surges 22% in past one week")
NSE cautions investors to stay clear of products offering assured returns
The National Stock Exchange (NSE) has asked investors not to put their money in any scheme promising assured returns from investments in the stock market.
 "NSE cautions investors to stay clear of products offering assured returns")
MapmyIndia slips 4% to hit lowest level since listing; nears issue price
With today's decline, it has tanked 45 per cent from its 52-week high of Rs 1,918.35 touched on January 17, 2022
 "MapmyIndia slips 4% to hit lowest level since listing; nears issue price")
Chaman Lal Setia Exports soars 11%, hits 52-week high on heavy volumes
The company's revenue has grown 67% to Rs 676 crore YoY in H1FY23 supported by its strong position in the export market
 "Chaman Lal Setia Exports soars 11%, hits 52-week high on heavy volumes")
Key reasons why Sensex bounced back on Monday to rally 1,000 pts intra-day
Friday's correction saw a sharp short-covering on Monday as market put aside fears around the Covid-19 situation in China
 "Key reasons why Sensex bounced back on Monday to rally 1,000 pts intra-day")
eClerx Services slips 7% on turning ex-date for buyback via tender offer
The company has proposed to buy back 1.71 million equity shares at a price of Rs 1,750 apiece via tender offer route
 "eClerx Services slips 7% on turning ex-date for buyback via tender offer")
Poonawala Fincorp surges 13% after a 15% decline in past four trading days
Motilal Oswal Financial Services recently initiated coverage on Poonawalla Fincorp with a 'buy' rating and a target price of Rs 350 per share
 "Poonawala Fincorp surges 13% after a 15% decline in past four trading days")
L&T gains 2% on 'significant' order wins for its water treatment business
The company did not disclose the exact value of the orders. The value of the project is between Rs 1,000 crore to Rs 2,500 crore, as per L&T
 "L&T gains 2% on 'significant' order wins for its water treatment business")
Hold on to equity funds in 2023 despite turbulence, say experts
If you exit the market now, you could be left on the sidelines when a sustained recovery begins
 "Hold on to equity funds in 2023 despite turbulence, say experts")
