Page 2 - Icici Securities

Consumption trends signal strong FY23 for mall operator Phoenix Mills

Company's recovery and expansion after impact of Covid-19 expected to improve rentals and occupancies

Bank credit growth hits near nine-year high of 15.5%, shows RBI data

Achieving 20% growth going forward remains a challenge; deposits for week ended August 26 up 9.5%

Credit card spends touch all-time high of Rs 1.16 trillion in July

Spends have topped Rs 1 trillion level for five consecutive months now

Bond yields slide as reports tout progress in global listing of Indian debt

A fall of one basis point on the 10-year bond yield corresponds to a rise in price of roughly seven paise

Adani Group gets Sebi approval for $3.8 billion open offer for Ambuja, ACC

The group, led by Asia's richest person Gautam Adani, is set to make an offer to buy 26% of Ambuja Cements Ltd. for 385 rupees per share and the same stake for 2,300 rupees per share of ACC Ltd

Tata Group's Trent Ltd enters list of 100 most valued companies in India

In the past 5 trading sessions alone, the share price of Trent Ltd has jumped 11 per cent. On NSE, Trent rose 4.63 per cent to close at Rs 1,475.30, on Wednesday

ICICI Sec, Axis Cap among 5 bankers to manage govt's HZL stake sale

Also, HDFC Bank and IIFL Securities will act as investment bankers and work with the government and handle the share sale offers, the official said

HDFC-HDFC Bank merger could set off Rs 48k-cr Nifty50 churn: Brokerage

Market players seek clarity from exchanges on the exclusion rule

SBI Q1 preview: Treasury loss, subdued loan growth may cloud profitability

SBI Q1: Projections on the quantum of decline in net profit vary widely across brokerages as they see a sequential slide anywhere between 7 per cent and 51 per cent

Rupees, bonds gain despite 75 bps US Fed rate hike to tackle inflation

Markets perceive Fed as being less hawkish

ICICI Securities June quarter results rained on by overcast broking biz

ICICI Securities client growth moderated to 27.7 per cent to 450,000, while active customers rose only 5.3 per cent QoQ to 3.2 million

Looking at domestic flows, peak pessimism hasn't reached yet: ICICI Sec CIO

'Foreign institutional investment (FII) is expected to reverse when these macro headwinds stabilise for a few months'

Multiplexes to post strong revenue growth in Q1, broadcasters to be muted

Q1 marks a full quarter of operations post pandemic for cinemas. This will reflect in financials of these firms, with likely revenue growth at 65-70% for PVR and Inox sequentially

IndiaFirst Life Insurance selects bankers for IPO expected later this year

IndiaFirst will be the fourth private sector life insurer to get listed on the bourses

ICICI Securities falls 1% as CLSA downgrades rating, earnings view

Shares of the largest listed brokerage have nearly halved this year

Banks, IT account for 93% of the Rs 2 trillion selloff by FPIs the past yr

FMCG, construction materials were among other sectors to see large outflow, while metals, power, discretionary consumption and telecom saw inflows

Trading volume dips amid market turmoil, retail investors take a hit

ADTV for cash segment lowest since Feb 2020; retail participation hit, say analysts

Near-term growth challenges to weigh on Tata Communications stock

Higher investments may cap margins in the near term

Market strategy: Time to buy, sell or hold stocks? Here's what analysts say

Timing the markets to catch a low, analysts caution, will not be a wise strategy at the current levels given the slew of domestic and global developments over the next few weeks

Analysts bullish on auto stocks amid govt. measures on fuel, steel price

At the operational level, Nomura sees margin benefit for companies in the backdrop of a cut in steel prices