Page 60 - Latest Updates on Stock Market
Markets see worst weekly setback since May, Sensex off 7.8% from peak
FPIs sell Rs 5,931 crore on Friday, most since March
 "Markets see worst weekly setback since May, Sensex off 7.8% from peak")
The Wall Street game
Price moves in GameStop (listed as GME on the NYSE) have caused over $5 billion in hedge fund losses and pushed one fund to near-bankruptcy
Markets faced corrections due to Covid uncertainty in early FY21: Survey
There were some significant corrections due to COVID-19 induced uncertainty in the beginning of this financial year, however both Nifty-50 and BSE Sensex recovered strongly afterwards, the Survey said
 "Markets faced corrections due to Covid uncertainty in early FY21: Survey")
Corporate earnings rebound in December quarter fails to lift Nifty EPS
The trailing 12-month EPS of the Nifty50 has risen just 2.8 per cent sequentially during the quarter. Further, earnings are still down 14.5 per cent year-on-year (YoY)
 "Corporate earnings rebound in December quarter fails to lift Nifty EPS")
Sensex ends 535 points lower, Nifty just above 13,800; Maruti falls 3.5%
A sharp fall in the US markets on Wednesday and weak opening in other Asian markets weighed on sentiment of domestic investors causing the Sensex to drop nearly 900 points in intra-day trade
 "Sensex ends 535 points lower, Nifty just above 13,800; Maruti falls 3.5%")
Things you should keep in mind before investing directly in foreign markets
Why do Indian investors need to invest in foreign equities at all? The costs involved when you invest directly in foreign markets? Tune in to know more
 "Things you should keep in mind before investing directly in foreign markets")
Eight of 10 BSE 500 stocks retreat from historic 50,000 level of Jan 20
416 stocks shed an average 5.4% and a tenth decline over 10% in just five trading sessions
 "Eight of 10 BSE 500 stocks retreat from historic 50,000 level of Jan 20")
F&O Expiry: Sensex sinks 536 pts; broader mkts outperform; bank stocks up
In the broader market, the S&P BSE MidCap index ended 0.4 per cen lower while the smallcap counterpart closed down 0.45 per cent.
 "F&O Expiry: Sensex sinks 536 pts; broader mkts outperform; bank stocks up")
Best of BS Opinion: Budget with a long-term view, corporate earnings & more
Here's a selection of Business Standard opinion pieces for the day
 "Best of BS Opinion: Budget with a long-term view, corporate earnings & more")
A potentially risky trade-off for markets
Sebi's proposal on concentrated holdings could disrupt the balance between the supervisory and business roles of stock exchanges
Turnaround time
Early trends in corporate earnings hold out hope
Stocks and futures dip on US fiscal-relief package timing; dollar up
A gauge of Asia-Pacific equities at one point slid the most in about two months, with shares in South Korea and China underperforming
Global stocks lag, dollar advances in volatile market on Covid-19 concerns
Equity markets have scaled record highs in recent days on bets vaccines will start to reduce infection rates worldwide and on a stronger US economic recovery under President Joe Biden
 "Global stocks lag, dollar advances in volatile market on Covid-19 concerns")
Is there a bubble in financial markets?
Markets are past the phase of multiple expansion driven by ultra-easy financial conditions
 "Is there a bubble in financial markets?")
Markets fall for third day amid sell-off in RIL; Sensex falls 500 points
Over the last three sessions, the BSE Sensex has lost 1,444.53 points or 2.90 per cent and the NSE Nifty has shed 405.80 points or 2.8 per cent
 "Markets fall for third day amid sell-off in RIL; Sensex falls 500 points")
Shares of Reliance Industries plunge 6% on disclosure concerns
The country's most-valuable firm reported record quarterly profit for the quarter ended Dec 31, but didn't disclose gross refining margins, a key metric to analyse its oil and petrochemicals vertical
 "Shares of Reliance Industries plunge 6% on disclosure concerns")
After the high, a big fall: Sensex's 11-week winning streak ends
Most global stocks dropped, with investors pruning their bullish bets as rising Covid-19 cases sparked concerns about corporate earnings and economic revival
 "After the high, a big fall: Sensex's 11-week winning streak ends")
Sensex ends at day's low, down 746 pts ; Bajaj Auto jumps 11%; RIL down 2%
Shares of Reliance Industries ended 2.4 per cent lower on Friday ahead of the announcement of its December quarter results. The shares have surged around 6 per cent during the week
 "Sensex ends at day's low, down 746 pts ; Bajaj Auto jumps 11%; RIL down 2%")
Best of BS Opinion: Sensex hits 50K-mark, Biden's presidency starts & more
Here's a selection of Business Standard opinion pieces for the day
 "Best of BS Opinion: Sensex hits 50K-mark, Biden's presidency starts & more")
Sustained volume gains key trigger for Westlife Development stock
Margins could improve further on operating leverage and cost optimisation
 "Sustained volume gains key trigger for Westlife Development stock")
