Page 6 - Indian Stock Market

LIC IPO: Govt to take call in best interest of investors, says DIPAM Secy

In the wake of the market volatility due to the Ukraine-Russia war, there might be a rethink on the timing of the LIC share sale

Investors' wealth slumps over Rs 5.59 trn in three days of market fall

Investors' wealth tumbled more than Rs 5.59 lakh crore in three days of market fall as sentiments remained muted amid the Russia-Ukraine conflict and its impact on the global economy. Continuing its decline for the third day on Friday, the BSE gauge plummeted 1,214.96 points or 2.20 per cent to 53,887.72 during the day. It settled at 54,333.81, a decline of 768.87 points or 1.40 per cent. In three days, the benchmark index tanked 1,913.47 points or 3.40 per cent. Tracking decline in equities, the market capitalisation of BSE-listed companies plunged Rs 5,59,623.71 crore to Rs 2,46,79,421.38 crore in three days. "Markets ended the week with a sharp cut, reflecting the feeble global sentiment. After the sharp reaction in early trade, the benchmark oscillated in the broader range to finally settle around the day's low," Ajit Mishra, vice-president (research) of Religare Broking Ltd, said. In Friday's trade, Titan, Maruti Suzuki India, Asian Paints, Mahindra & Mahindra and Hindustan .

Investors' wealth sinks over Rs 4 tn in morning trade as markets decline

Investors' wealth tumbled by more than Rs 4 lakh crore in morning trade on Friday as markets suffered a steep decline. Continuing its decline for the second day, the BSE gauge plummeted 1,148.05 points or 2 per cent to 53,954.63. Tracking decline in equities, the market capitalisation of BSE-listed companies plunged Rs 4,09,554.44 crore to Rs 2,46,96,434.57 crore in morning deals. Asian Paints, Maruti Suzuki India, Hindustan Unilever, Titan and M&M were the biggest drag in morning trade, tumbling up to 6.8 per cent. In the previous session, the 30-share BSE index finished 366.22 points or 0.66 per cent lower at 55,102.68. "The war and surge in crude have completely transformed the economic scenario and market expectations. If the war prolongs, global economic growth may be impacted," said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

LIC wants to remain IDBI Bank shareholder for bancassurance gain: Chairman

Bancassurance is an arrangement between a bank and an insurance company allowing the latter to sell its products to the bank's customers and others through the branch network

'Himalayan Yogi' to botched trading: Controversies that hurt NSE's image

With the years-old case finally attracting public attention, directions have come from the top now that no one should be spared: Official

LIC likely to launch $8-bn IPO on March 11: Report

LIC is expected to obtain regulatory approval for the mega IPO by the first week of March after which an indicative marketing price band will be set, say sources

'Indian investors satisfied with performance of their investments in 2021'

Encouraged by the performance of their investments in 2021, semi-urban and rural investors are willing to allocate a higher proportion of their savings to financial assets: Groww survey

Adani Wilmar shares up over 2% after strong Q3 result

Shares of Adani Wilmar on Tuesday pared early gains but managed to close 2% higher after the company posted a 66% jump in consolidated net profit to Rs 211.41 crore for the December 2021 quarter.

Investors' wealth tumbles by over Rs 8.47 trn amid global sell-off

The domestic market remained in the red for the second straight session after witnessing a massive sell-off on Friday

Can investors benefit from Brent crude rally?

Brent crude prices have been on a rally since January, rising about 20% so far. This has pulled back equities from their recent highs as oil price rise. Find out if investors can benefit from this

Stick to businesses with strong pricing power in a high inflation scenario

Invest in commodity producers that are backward integrated

Sensex, Nifty likely to remain volatile in the run-up to Budget

Market participants will try to envisage reforms and measures that could be announced by FM Nirmala Sitharaman in the budget to be presented on Feb1 and make speculative trading decisions

Tech, banking among sectors that will be the hottest stock picks for 2022

The sustained boom in global tech spending, a revival of local housing demand and a rebound in bank earnings are expected to be among the key drivers of gains for India's stock market this year

TMS Ep82: Indian economy, Fairwork ratings, markets, Contingency Fund

What is the state of Indian economy? Fairwork ratings on gig workers' condition a wake-up call? What will guide the market sentiment next week? What's the Contingency Fund of India? All answers here

Sensex sheds 503pts, Nifty ends at 17,368; financials slip, Tega jumps 60%

The BSE Midcap index was down 0.5 per cent, while the Smallcap index was up 0.2 per cent

Economy, markets, investing strategy: Nomura's outlook for India in 2022

Within the Asian region, the global research and broking house has maintained an overweight stance on China, Korea and Indonesia for 2022. Thailand and Philippines remain their key underweights.

Investor wealth jumps over Rs 3 trillion amid stock market rally

Investors' wealth surged by more than Rs 3 lakh crore in morning trade on Wednesday amid bullish market sentiments and the Reserve Bank deciding to leave key interest rate unchanged for the ninth cons

Covid variants, liquidity crunch: Key risks for global equities in 2022

Policy makers in Asia, according to Morgan Stanley, will be able to normalise policy gradually, contingent on the pace of recovery, inflation dynamics, and the implications of the Omicron variant

Indices to remain range-bound in 2022 as earnings catch up: Ajay Garg

With the pandemic risk still lurking around the fringes, global growth is yet to attain a structural foothold, Garg said

Sensex gains 454pts, Nifty reclaims 17,500; RIL up 6%, ITC, Infy end firm

Latent View Analytics was locked at the 20 per cent upper circuit for the second straight day. The stock has now zoomed 257 per cent from its issue price in just three trading sessions