Page 28 - Latest Updates on Stock Market
Amid falling global prices, edible oil players see demand uptick
Inflationary trends led by edible oil prices had hurt both household and industrial demand for soft and hard oils in Q1
 "Amid falling global prices, edible oil players see demand uptick")
Price hikes likely to drive FMCG firms' revenue in April-June quarter
Commentary to watch out for from consumer companies includes rural demand, overall demand impact due to high commodity costs, and volume growth
 "Price hikes likely to drive FMCG firms' revenue in April-June quarter")
TVS Motor to ride strong on profitability gains in FY23: Brokerages
Volume recovery, market-share gains, and EV plans are other triggers
 "TVS Motor to ride strong on profitability gains in FY23: Brokerages")
FPIs raise the ante by driving up allocation to oil & gas, auto stocks
FPIs increased their allocations to the oil and gas sector by 44 bps and the power sector by 21 bps
 "FPIs raise the ante by driving up allocation to oil & gas, auto stocks")
Sensex up 303 pts, Nifty tops 16,200; banks, FMCG shine; metals sole losers
CLOSING BELL: L&T, PowerGrid, NTPC, ICICI Bank, DR Reddy's Labs, Axis Bank, Bharti Airtel, and Nestle India were the top large-cap gainers
 "Sensex up 303 pts, Nifty tops 16,200; banks, FMCG shine; metals sole losers")
Stocks to watch: TCS, M&M, Vedanta, Tata Power, Dr Reddy's, Tata Motors
Stocks to watch today: IT behemoth Tata Consultancy Services (TCS) is slated to report June quarter 2022 numbers (Q1FY23); Dr Reddy's received two observations from USFDA for its Andhra plant
 "Stocks to watch: TCS, M&M, Vedanta, Tata Power, Dr Reddy's, Tata Motors")
Rupee's slide to successive record lows pits RBI against mkt full of bears
The rupee's tumble to a succession of record lows is sparking fears of a deeper selloff and pitting the central bank against analysts and strategists who are predicting further losses
 "Rupee's slide to successive record lows pits RBI against mkt full of bears")
Gold, silver prices fall; yellow metal trading at Rs 51,930 per 10 gram
Silver, on the other hand, is also witnessing a losing streak as the precious metal falls Rs 2,000. One kg of silver is currently selling at Rs 56,900
 "Gold, silver prices fall; yellow metal trading at Rs 51,930 per 10 gram")
Stocks to Watch: Reliance, Titan, TVS Motor, Power Grid, Equitas SFB, FMCG
Stocks to Watch: Titan on Wednesday said its sales in the April-June quarter were up nearly three-fold on a year-on-year basis, helped by a low base of the Covid-19 impacted quarter in the last year.
 "Stocks to Watch: Reliance, Titan, TVS Motor, Power Grid, Equitas SFB, FMCG")
Q1FY23 Preview: Banks to outshine, metals may disappoint, say analysts
Amid weakening consumer confidence and flaring inflation, analysts say that the corporate earnings this quarter will be a mixed bag, with select pockets like banks being the frontrunners.
 "Q1FY23 Preview: Banks to outshine, metals may disappoint, say analysts")
Brokerages remain bullish on Reliance Industries despite windfall tax
Reliance Industries shares gained as much as Rs 32.9, or 1.4 per cent intraday, on the BSE on Monday, before finally closing trade at Rs 2,413.95 apiece
 "Brokerages remain bullish on Reliance Industries despite windfall tax")
Shareholders turn down Reliance Power's asset monetisation plan
A report by Institutional Investor Advisory Services (IiAS) last month says that the company has defaulted on loans to the tune of Rs 3,561 crore as on March 31, 2022
 "Shareholders turn down Reliance Power's asset monetisation plan")
Asian stocks outside China see greater outflow than previous market crises
Global funds offloaded a net $40 billion of equities across seven regional markets last quarter, exceeding any three-month period characterised by systemic stresses since 2007
 "Asian stocks outside China see greater outflow than previous market crises")
Unkindest cut since 2020: mid, small-cap cut-off drops to its lowest
Amfi releases list of large, mid, and small-caps based on H1 stock price movement
 "Unkindest cut since 2020: mid, small-cap cut-off drops to its lowest")
ITC, HUL, ICICI Bank help lift Sensex 327 pts; Nifty tops 15800; metals dip
CLOSING BELL: The gains in equities coincided with ease in bond yields, where the returns on 10-year government securities fell to a one-month low of 7.35 per cent
 "ITC, HUL, ICICI Bank help lift Sensex 327 pts; Nifty tops 15800; metals dip")
Stocks to Watch Today: RIL, HDFC, Birlasoft, IndiGo, Coal India, IT shares
Stocks to Watch Today: HDFC and HDFC Bank are likely to be in focus as the stocks exchanges have approved the proposed merger for these two corporates.
 "Stocks to Watch Today: RIL, HDFC, Birlasoft, IndiGo, Coal India, IT shares")
Damocles Sword on oil stocks: Is it time for you to rethink your position?
The government has levied Rs 6 per litre tax on ATF and petrol exports and imposed Rs 13 per litre tax on diesel exports
 "Damocles Sword on oil stocks: Is it time for you to rethink your position?")
Rupee falls below 79/$ as stocks plunge; FII outflows sour market sentiment
Higher US interest rates, upside risks to India's current account deficit, brought about by higher oil prices, have caused the rupee to depreciate 6% vs $ so far in the calendar year
 "Rupee falls below 79/$ as stocks plunge; FII outflows sour market sentiment")
Jamna Auto hits record high; rallies 17% in one week on healthy outlook
The volumes of M&HCV's/ truck's, the key end-user segment for the Jamna Auto Group, grew by nearly 49% in FY2022
 "Jamna Auto hits record high; rallies 17% in one week on healthy outlook")
Sectors and stocks to invest in H2-CY22
The first half of the calendar year 2022, which draws to a close now, was marred by external headwinds. We bring you a recap of what all kept traders and investors busy in the last six months
 "Sectors and stocks to invest in H2-CY22")
