Page 58 - Latest Updates on Stock Market
India business drives strong Q3 margin performance for Mahindra CIE
The management expects profitability to improve on the back of volumes, cost reduction
 "India business drives strong Q3 margin performance for Mahindra CIE")
F&O volumes likely to decline 30% on tighter peak margin regulation
Retail participation in the F&O segment - especially that for options writers on expiry days - has already been impacted owing to these norms, which became effective from December 1
 "F&O volumes likely to decline 30% on tighter peak margin regulation")
Street signs: Markets may correct for now, Heranba's GMP at 25%, and more
The fall in gold prices may be a boon for the gold ETF category, which has seen inflows of over Rs 1,000 crore in the past two months
 "Street signs: Markets may correct for now, Heranba's GMP at 25%, and more")
A year after Covid crash, pandemic losers are the new stock market winners
Travel firms and store operators rally on re-opening optimism; Zoom among stay-home winners to decline from peak valuations
 "A year after Covid crash, pandemic losers are the new stock market winners")
Bulls take a break: Sensex, Nifty fall for fourth day amid yield surge
Sensex down 2.4% in four sessions
 "Bulls take a break: Sensex, Nifty fall for fourth day amid yield surge")
Market mayhem: How were more than 100% of Gamestop shares be shorted?
Short sellers borrow shares from brokers and then sell them into the market, with the agreement that they will buy the shares back and return them to the lender at an agreed upon time.
 "Market mayhem: How were more than 100% of Gamestop shares be shorted?")
Sensex slips for 3rd day, drops 379 pts, Nifty defends 15,100; ONGC up 8%
Sectorally, the Nifty PSU Bank index jumped another 5.6 per cent today, while the Nifty CPSE and Energy indices settled up to 4 per cent higher
 "Sensex slips for 3rd day, drops 379 pts, Nifty defends 15,100; ONGC up 8%")
Investors bet big on cyclicals as economic recovery gathers pace
Going ahead, given the sharper-than-expected economic recovery back home, analysts say, can fuel a further rally in domestic cyclicals, industrials, and financials
 "Investors bet big on cyclicals as economic recovery gathers pace")
Bears tighten grip; Sensex slips 400 pts, Nifty holds 15,200; PSBs rally
In the intra-day session, the Sensex and the Nifty indices touched a low of 51,586 and 15,171, respectively.
 "Bears tighten grip; Sensex slips 400 pts, Nifty holds 15,200; PSBs rally")
Global stock markets set for the longest winning streak since 2003
But Indian indices slip from record highs in volatile session
 "Global stock markets set for the longest winning streak since 2003")
Sensex ends flat after volatile trade, holds 52k; IT stks dip, metals shine
The broader markets ended higher today with the S&P BSE MidCap and SmallCap indices settling 0.2 per cent and 0.43 per cent up, respectively
 "Sensex ends flat after volatile trade, holds 52k; IT stks dip, metals shine")
Sebi increasingly trying to spot global links in many of its investigations
Information sought from foreign counterparts at a multi-year high
 "Sebi increasingly trying to spot global links in many of its investigations")
D-Street party continues; Sensex ends 610 pts higher at 52,154; banks rally
The Nifty Bank index stole the show and hit a new peak of 37,309 levels, up 1,200 points in the intra-day trade. The index closed 1,197 points, or 3.3 per cent, higher at 37,306 levels
 "D-Street party continues; Sensex ends 610 pts higher at 52,154; banks rally")
India Inc's profit contribution to GDP likely to jump three times
The Centre's move in 2019 to cut base corporate tax from 30 per cent to 22 per cent, too, will lead to an improvement in the profit-to-GDP ratio
 "India Inc's profit contribution to GDP likely to jump three times")
Street bullish on specialty chemicals industry amid robust domestic demand
Robust domestic demand, reducing dependence of global peers on China drive earnings outlook
 "Street bullish on specialty chemicals industry amid robust domestic demand")
Sensex ends volatile trade 12 pts up; RIL jumps 6% this week, ITC down 7%
On the sectoral front, the Nifty Metal index skid 1.7 per cent, followed by the Nifty FMCG index declined 1.5 per cent
 "Sensex ends volatile trade 12 pts up; RIL jumps 6% this week, ITC down 7%")
Rising global crude oil prices may spoil D-Street party, say experts
Brent Crude has surged more than 60 per cent since November, crossing $61 a barrel for the first time in 13 months
 "Rising global crude oil prices may spoil D-Street party, say experts")
Sensex ends 222 pts higher, Nifty tops 15,150; RIL gains 4%, PSB stocks dip
On the sectoral front, Nifty PSU Bank index declined over 1 per cent on the NSE, followed by losses in the Nifty Auto index (down 0.4 per cent), and the Nifty Realty index (down 0.24 per cent)
 "Sensex ends 222 pts higher, Nifty tops 15,150; RIL gains 4%, PSB stocks dip")
Autos, RIL set-off losses in banks; Sensex dips 20 pts, Nifty holds 15,100
The broader markets, however, bucked the trend and ended higher today. The S&P BSE MidCap and SmallCap indices added 0.7 per cent and 0.4 per cent, respectively at close
 "Autos, RIL set-off losses in banks; Sensex dips 20 pts, Nifty holds 15,100")
Bull-run halts as auto, metal stks dip; Sensex ends flat, Nifty holds 15100
The Nifty Auto, Metal, and Pharma indices settled over 1 per cent lower each
 "Bull-run halts as auto, metal stks dip; Sensex ends flat, Nifty holds 15100")
