Indian Stocks

Industrial production and inflation data, quarterly earnings from IT majors and global trends would drive the equity markets in a holiday-shortened week, analysts said. Moreover, foreign fund trading activity, movement of the rupee and global crude oil prices would also dictate terms in the market, they added. Equity markets would remain closed on Friday for 'Dr Baba Saheb Ambedkar Jayanti'. "Leading IT companies TCS and Infosys will report their results this week. Due to concerns about a worldwide recession, markets will pay close attention to management commentary. US inflation and non-farm payroll figures will be important things to keep an eye on the global front. "In addition to FIIs' actions, other crucial market-determining variables include the movement of crude oil prices, the dollar index, and US bond yields," Santosh Meena, Head of Research at Swastika Investmart Ltd, said. TCS will announce its quarterly earnings on Wednesday and Infosys on Thursday. Ajit Mishra, VP -

The report released by Hindenburg Research had accused Adani firms of brazen stock manipulation, accounting fraud, and use of extreme leverage, spelling danger for its creditors

He believes India remains the best long-term equity story in Asian and the emerging market (EM) context

Stock market LIVE: As per rollover data, the Nifty index has, so far, witnessed rollover in-line with the last three months' averages. However, slight declines in roll cost indicates a capped upside

US data showed private employers hired more workers than expected in December, suggesting strength in the labour market that could allow the Fed to boost interest rates

After closing three weeks with losses, the benchmark indices ended the last week of 2022 with gains

The underperformance of the small-caps, according to analysts, was mostly due to rising raw material prices and the hike in rates by central banks, which in turn impacted their financial performance

Next year's optimism for India is driven by strong corporate earnings, a post-pandemic retail boom and an economy set to grow by 6% in the next fiscal year

TMS Ep324: GM crop fears, Covid-19 in China, New-age stocks, national party

Should India abandon GM crop fears? Should India be worried about China's Covid-19 surge? Will fortune change for new-age stocks in 2023? What does it take to become a national party? Answers here

Among the lot, US equities still have a lot of room to catch up as the US Federal Reserve (US Fed) slows its pace of rate hikes, analysts say

Medanta's stock hit a high of Rs 424.65 and a low of Rs 390.55 on the NSE, where Rs 2,000 crore worth of shares changed hands

Retail portion just half covered; institutional investor and HNI portions subscribed 3.8x and 3x, respectively

A return of foreign investors is bolstering the market, where the benchmark S&P BSE Sensex Index rose to an all-time high on Friday as risk assets rejoiced over a softer US inflation print

These stocks will witness inflows between $165 million and $255 million from passive trackers, analysts said

A portfolio of richly valued RoE stocks is expected to outperform the broader market over the longer term.

The NSE Nifty 50 index rose 0.97% to 17,959.30 as of 0402 GMT, and the S&P BSE Sensex was 0.99% higher at 60,555.83.

After recent downgrades, stocks comprising the country's benchmark Nifty Index are forecast to deliver around 15% higher income over the next 12 months than at the start of 2020

Sensex less than 2% shy of new lifetime high

'Defying global trends, Nifty 50 has outperformed most peers year-to-date and is trading at 19.2 times, 21% above its long-term average, taking the earnings yield-bond yield gap below 2%'

The major global events this week are the European Central Bank interest rate decision and China's inflation rate, say analysts