Page 35 - Latest Updates on Stock Market
Foreign exodus from India stocks threatens to reduce key support
Foreign institutional investors have been net sellers every month since September, dumping $7.9 billion worth of local shares since
 "Foreign exodus from India stocks threatens to reduce key support")
Bond yields rise, rupee falls on US Federal Reserve policy and crude prices
The 'dot-plot' forecast of FOMC's median forecast suggested three rate hikes in 2022, revised up from one earlier
 "Bond yields rise, rupee falls on US Federal Reserve policy and crude prices")
Canara Bank shares jump nearly 9% after net profit jumps two-fold
Shares of Canara Bank on Thursday zoomed nearly 9 per cent after the company reported an over two-fold jump in net profit on a standalone basis for the December 2021 quarter.
 "Canara Bank shares jump nearly 9% after net profit jumps two-fold")
Hold on to those quality, high-conviction stocks during market correction
Being diversified across asset classes will also help to stem your losses when the economy is recovering
 "Hold on to those quality, high-conviction stocks during market correction")
Maruti Suzuki's shares jump over 7% as firm beats estimates in Q3
Shares of Maruti Suzuki India on Tuesday jumped over 7 per cent even as the company reported a 47.82 per cent decline in consolidated net profit in the third quarter ended December 2021.
 "Maruti Suzuki's shares jump over 7% as firm beats estimates in Q3")
Shares of SBI Card rise nearly 5% as net profit jumps 84% in Dec quarter
Shares of SBI Cards and Payment Services on Tuesday gained nearly 5 per cent after the firm reported an 84 per cent jump in net profit for December quarter 2021
 "Shares of SBI Card rise nearly 5% as net profit jumps 84% in Dec quarter")
Demand risks likely to keep Havells India stock under pressure
The company also faces margin headwinds due to rise in raw material costs
 "Demand risks likely to keep Havells India stock under pressure")
Zomato shares down further, down 18% in early trade due to low valuations
Shares of online food aggregator Zomato extended its losses from last week and declined 18 per cent in early trade on Monday apparently due to low valuations.
 "Zomato shares down further, down 18% in early trade due to low valuations")
Pandemic darlings face the boot as investors eye return to normal life
The selloff which began after Netflix and Peloton posted disappointing quarterly earnings spread to the wider stay-at-home sector
 "Pandemic darlings face the boot as investors eye return to normal life")
Zomato hits record low, market capitalisation falls below Rs 1 trillion
With the last four day's decline, the stock price of Zomato has tanked 33 per cent from its 52-week high of Rs 169.10 hit on November 16, 2021
 "Zomato hits record low, market capitalisation falls below Rs 1 trillion")
Stocks slip in Europe as cautious investors refine Federal hike bets
Gains in Asia helped to counter the pullback in Europe to keep the MSCI all country stock index in positive territory, up 0.16% at 728 points, but still down about 3.8% so far this year.
 "Stocks slip in Europe as cautious investors refine Federal hike bets")
Just Dial shares tumbles over 3% post Q3 earnings announcement
Shares of Just Dial on Wednesday dipped over 3 per cent after the company's consolidated net profit declined by 61.2 per cent for December 2021 quarter.
 "Just Dial shares tumbles over 3% post Q3 earnings announcement")
Bajaj Finance shares give up entire early gains; settle over 2% lower
Bajaj Finance stock on Wednesday surrendered all its early gains and settled over 2 per cent lower on profit-taking.
 "Bajaj Finance shares give up entire early gains; settle over 2% lower")
Wall St: Dow falls over 550 pts; megacap tech stocks hit by rising yields
Goldman Sachs leads fall among banks after Q4 results; gaming stocks jump on Microsoft's big bid for Activision
 "Wall St: Dow falls over 550 pts; megacap tech stocks hit by rising yields")
HDFC Bank disappoints on margins, fee income growth, say analysts
A decline in payment and credit card-related fees from a year ago - as the bank gave fee waivers as an incentive - was a new niggle for the lender to contend with
 "HDFC Bank disappoints on margins, fee income growth, say analysts")
Stocks mixed as Beijing adds stimulus; Brent hits 3-year high of $86.7/bbl
A holiday in the United States made for thin trading, but that did not stop Treasury futures from sliding further and Brent crude hitting a three-year top of $86.71 a barrel
 "Stocks mixed as Beijing adds stimulus; Brent hits 3-year high of $86.7/bbl")
Low-priced stocks: A roulette that may well be a losing bet, say experts
Many have weak fundamentals to back share price rise and may not live to see the next bull run: Experts
 "Low-priced stocks: A roulette that may well be a losing bet, say experts")
Auto ancillary stocks in radar on hopes of fresh demand from OEMs
Shares of companies dealing in auto ancillaries have seen a firm uptick recently as their business outlook seems to have turned bright on hopes of rapid adoption of electric vehicles.
 "Auto ancillary stocks in radar on hopes of fresh demand from OEMs")
Ongoing quarterly earnings to guide market momentum this week: Analysts
Stock market's momentum will be guided by ongoing quarterly earnings season, with Reliance Industries, HUL and Bajaj Finance among those scheduled to announce their results this week, analysts said.
 "Ongoing quarterly earnings to guide market momentum this week: Analysts")
Beating high expectations critical for further gains in midcap IT stocks
While the overall growth outlook is positive, there are headwinds for margins and valuations are at premium to large-cap IT firms
 "Beating high expectations critical for further gains in midcap IT stocks")
