Page 62 - Latest Updates on Stock Market
Sensex slips 81 pts ahead of FY21 advance GDP estimate; midcaps outperform
Overall, market breadth remained in the favour of the bulls with nearly two stocks rising against a stock that declined at the bourses
 "Sensex slips 81 pts ahead of FY21 advance GDP estimate; midcaps outperform")
Sensex snaps 10-session winning run, skids 264 points; RIL top drag
However, a recovering rupee and sustained foreign fund inflows restricted the fall, traders said
 "Sensex snaps 10-session winning run, skids 264 points; RIL top drag")
Sebi suggests easing of ownership norms for exchanges, depositories
According to the new proposals, resident promoters or a foreign promoter from a FATF jurisdiction can set up a market infrastructure institution (MII)
 "Sebi suggests easing of ownership norms for exchanges, depositories")
Share buybacks fail to boost firms' long-term stock performance
Since April 2017, 176 companies have repurchased their shares. Some of them have done multiple buybacks. Of these shares of 111 companies are trading currently below the price
 "Share buybacks fail to boost firms' long-term stock performance")
How much better can FY22 be?
FY22 was once projected to be 13 per cent higher than FY20. Can six months of lockdown bring growth down to 1 per cent?
 "How much better can FY22 be?")
All-round performance is fuelling the rally in Tata Consumer Products
Top performer on the Nifty FMCG index; Up 86 per cent in last 12 months
 "All-round performance is fuelling the rally in Tata Consumer Products")
Best of BS Opinion: Next step on vaccines, farmers' protest, and more
Here's a selection of Business Standard opinion pieces for the day.
 "Best of BS Opinion: Next step on vaccines, farmers' protest, and more")
Stock market: When even hindsight isn't 2020
Forecasting is a hit or miss business even in normal times. And at a time when even hindsight is not 2020, predict at your own peril what will happen in 2021
Market run continues; Sensex ends at new high of 47,868, Nifty tops 14,000
Among major Sensex gainers, ITC rose the most by 2.32 per cent, followed by TCS, M&M and SBI
 "Market run continues; Sensex ends at new high of 47,868, Nifty tops 14,000")
Tumultuous 2020 rewards investors who stared down Covid-induced turmoil
The S&P 500 ended on an up beat, with a 1.4 per cent gain in the holiday-shortened week. This pushed its CY20 gain to 16 per cent, an ending that would have seemed far-fetched in March.
 "Tumultuous 2020 rewards investors who stared down Covid-induced turmoil")
Street signs for 2021
Sharp earnings revival will ease valuations
 "Street signs for 2021")
2020, the year that was: Coronavirus shadow may not go anytime soon
Achieving a vaccine roll-out on a scale that social-distancing norms can be dispensed with can't be expected for most of 2021
 "2020, the year that was: Coronavirus shadow may not go anytime soon")
MARKETS: Sensex ends volatile session 133 pts higher ahead of F&O expiry
All that happened in the markets today
 "MARKETS: Sensex ends volatile session 133 pts higher ahead of F&O expiry")
After a stupendous rally in market, returns may moderate in 2021: Experts
Experts say markets have already priced in a lot of positives
Indices gain for 5th straight day, Sensex ends 259 pts up; banks outperform
All that happened in the markets today
2020, the year that was: The best of bond rallies amid weak yields
Rupee among worst-performing Asian currency, but it supported Atmanirbhar campaign
 "2020, the year that was: The best of bond rallies amid weak yields")
Despite Covid-19 crisis, mid- and small-cap funds see big gains in 2020
Twenty-five of 46 such schemes, or 54 per cent, outperformed the benchmark indices
 "Despite Covid-19 crisis, mid- and small-cap funds see big gains in 2020")
In search of Covid capital, companies raised Rs 1.7 trillion in 2020
Of this, Rs 1.44 trillion was raised through QIPs and rights issues
 "In search of Covid capital, companies raised Rs 1.7 trillion in 2020")
A story of revival amid Covid-19: People stayed home but bulls ran wild
Valuations are expensive, but further rally is possible if the Covid situation eases
PSU presence in Rs 1-trillion club shrinks in 2020; index declines 18%
The companies that exited the trillion club are IOCL, NTPC, BPCL, and Coal India
 "PSU presence in Rs 1-trillion club shrinks in 2020; index declines 18%")
