Page 29 - Latest Updates on Stock Market
Markets phases investors should know about
Like the economy of any country, the markets too have different phases or cycles. And all investors should know about these patterns before making any move. This report offers some insight
 "Markets phases investors should know about")
Stocks to watch: Reliance, Tata Motors, Biocon, Tata Steel, J&K Bank, BoB
Stocks to watch today: Akash M Ambani will take over as non-executive director and chairman of the board of directors of Reliance Jio; Tata Motors will hike prices of CVs by 1.5 to 2.5 per cent.
 "Stocks to watch: Reliance, Tata Motors, Biocon, Tata Steel, J&K Bank, BoB")
Share of Casa in total bank deposits rose to 44.8% in March 2022: RBI data
Seven states accounted for 63.3% of overall deposits; share of female holdings in incremental deposits more than doubled
 "Share of Casa in total bank deposits rose to 44.8% in March 2022: RBI data")
Adjustment Day: Fine 'rebalancing' act for Nifty indices on Wednesday
The quarterly recapping of Nifty indices takes into account the changes in free-float market capitalisation (m-cap) of companies and realigns their weighting
 "Adjustment Day: Fine 'rebalancing' act for Nifty indices on Wednesday")
Sensex, Nifty end flat after volatile session; metal, energy stocks shine
CLOSING BELL: M&M, Tech M, Dr Reddy's Labs, Reliance Industries, HCL Tech, and Tata Steel were the top gainers on the 30-pack index
 "Sensex, Nifty end flat after volatile session; metal, energy stocks shine")
Bajaj Auto to buy back shares worth Rs 2,500 crore at Rs 4,600 each
Two-wheeler giant Bajaj Auto to take back 5.43 mn shares at Rs 4,600 a piece
 "Bajaj Auto to buy back shares worth Rs 2,500 crore at Rs 4,600 each")
For Bajaj Auto, share buyback worth up to Rs 2,500 crore spurs optimism
Fall in raw material prices, low base, and normal monsoon are other positives
 "For Bajaj Auto, share buyback worth up to Rs 2,500 crore spurs optimism")
Sensex gains for 3rd day, rises 433pts; Nifty holds 15,800; Zomato falls 6%
CLOSING BELL: Sectorally, the broad-based rally saw the Nifty Auto index ending with 2-per cent gain, and the Nifty Metal index with 1.6-per cent rally
 "Sensex gains for 3rd day, rises 433pts; Nifty holds 15,800; Zomato falls 6%")
Amazed beyond words: Twitterati gets trading tips from auto rickshaw driver
A Twitter user shares his story of his he got tips and advice from an auto rickshaw driver on stock market trading
 "Amazed beyond words: Twitterati gets trading tips from auto rickshaw driver")
Stocks to watch: Adani Enterprises, Dish TV, Infosys, Hindustan Copper
Stocks to watch today: Adani Enterprises subsidiary raised over Rs 6,000 crore to set up greenfield copper refinery; State-run IOB will boost advances across retail, corporate and MSME loans this year
 "Stocks to watch: Adani Enterprises, Dish TV, Infosys, Hindustan Copper")
MSCI maintains status quo on Asia during annual mkt classification review
India - the sixth biggest stock market globally in terms of market capitalisation - is also classified as emerging market by the MSCI
 "MSCI maintains status quo on Asia during annual mkt classification review")
Three charts show trouble for Indian stocks nearing a bear market
The Indian stock market's value is already down nearly 20% from its January peak of about $3.7 trillion dollars
 "Three charts show trouble for Indian stocks nearing a bear market")
Market correction is a good opportunity to pick up quality stocks
It is difficult to purchase such stocks during bull runs when their valuations turn exorbitant
 "Market correction is a good opportunity to pick up quality stocks")
Nykaa stock up 3% in intra-day trade as company hosts first analyst meet
Nykaa Superstore logs in 45,000 transacting retailers from over 500 cities
 "Nykaa stock up 3% in intra-day trade as company hosts first analyst meet")
Gland Pharma rides high on valuation comfort, strong growth prospects
Target prices post brokerage upgrades point to more upsides
 "Gland Pharma rides high on valuation comfort, strong growth prospects")
Amfi stock reclassification review period nears end, lifting these stocks
Twelve stocks are moving from mid-cap to small-cap, reveals an analysis by analyst Brian Freitas of Periscope Analytics
 "Amfi stock reclassification review period nears end, lifting these stocks")
Markets may fall further on FPI selling, 14,500 level crucial for Nifty
If 14,500 support levels for Nifty are breached, a dip till 13,250 is possible
 "Markets may fall further on FPI selling, 14,500 level crucial for Nifty")
Sensex snaps six-day losing streak, ends 237 pts higher; Nifty tops 15,300
In the previous session, both indices had finished at their lowest levels since May 2021 after dropping over 7 per cent in six straight sessions
 "Sensex snaps six-day losing streak, ends 237 pts higher; Nifty tops 15,300")
Adverse global events may lead to $100-bn portfolio outflows: RBI article
India's forex reserves, at $596 billion in the week ended June 10, equivalent to less than 10 months of imports projected for 2022-23
 "Adverse global events may lead to $100-bn portfolio outflows: RBI article")
Flight of FPIs continues; equities worth Rs 31,430 crore sold in June yet
Aggressive rate hike by the US Federal Reserve, coupled with elevated inflation and high valuation of equities continued to keep foreign investors at bay from the Indian stock market
 "Flight of FPIs continues; equities worth Rs 31,430 crore sold in June yet")
