Bluechip Companies

Small stocks lag behind in FY23, take bigger hit than bluechip firms

Small stocks have lagged behind the equity benchmark Sensex in 2022-23, falling nearly 6 per cent amid a host of negative factors like higher interest rate regime, high inflation and the Russian-Ukraine war. According to market analysts, it was a tumultuous year for the Indian equity market. The Russian-Ukraine war made the first quarter of the Indian equity market particularly difficult, but the second and third quarters witnessed a respectable rebound, they noted. Headwinds such as high inflation, the Russia-Ukraine war and higher interest rates hit investors' appetite for small stocks. With just one day of trading left in the current fiscal, the BSE smallcap gauge has fallen by 1,616.93 points or 5.73 per cent so far in 2022-23. The midcap index is down 270.29 points or 1.12 per cent in the 2022-23 financial year. In comparison, the BSE Sensex has declined 608.42 points or 1.03 per cent. "Many factors contributed to the underperformance of the Indian stock market in FY23. The

Intel launches new Xeon workstation processors for professional creators

Intel launched Xeon W-3400 and Xeon W-2400 workstation processors, which are built for professional creators to provide massive performance for media and entertainment and data science professionals.

Top Headlines: India in green bond mkt, Pichai says job cuts avoided worse

Business Standard brings you the top headlines at this hour

India bluechips to shift to world's fastest settlement cycle T+1 this week

Starting Jan. 27, stocks from Reliance Industries Ltd. to Tata Consultancy Services Ltd. and Adani Enterprises Ltd will be settled on a 'trade-plus-one-day' timeline versus the earlier two-day process

The integrated circuit wars

US chip sanctions on China should be a wake-up call for India to quickly scale up and boost its capabilities in this critical arena

Companies divided over the size of chips they plan to make in India

Chips of smaller nodes are faster and more profitable, but their factories can cost as much as a nuclear power plant

Will $52 bn move the US to within striking distance of Asian chip giants?

CHIPS Act is a win for a cabal of US chipmakers and foreign companies, but largely ignores the nation's true semiconductor leaders who have been propping up the domestic sector for two decades

Realty firms afflicted with low returns shouldn't get listed: Jhunjhunwala

It can be noted that very few developers like Macrotech Developers formerly Lodha, and DLF are listed on the bourses

MSCI rejig could trigger $160 mn outflows from domestic markets: Edelweiss

While the global index provider hasn't added or deleted any Indian stocks, it has reduced weights of bluechip firms RIL, Infosys and HDFC

Planning to buy mid, small-caps? Here's how to choose the winners

On a year-to-date (YTD) basis, the small-cap and mid-cap indices have gained 18 per cent and 20 per cent, respectively

Equity mutual funds sell bluechip financial firms aggressively in Nov

All these counters witnessed aggressive buying for foreign portfolio investors

Having missed the bus earlier, chip-making opportunity awaits India

A level playing field for new entrants is opening up

Sundaram Mutual's bluechip fund NFO mobilises over Rs 650 cr despite Covid

Sundaram Bluechip Fund is an open-ended equity scheme predominantly investing in large cap blue chip stocks

Shree Cement pips Dabur and Godrej Consumer to replace Yes Bank in Nifty

Change effective March 27; NSE also moves Vodafone Idea, Indiabulls Housing Finance out of Nifty Next 50, brings in Torrent Pharma, Adani Transmission

Nine of top 10 bluechip cos lose Rs 47,932 cr in market cap

Among the top 10 firms, TCS was the worst hit as its m- cap slumped Rs 11,408.78 crore to Rs 4,87,119.34 crore