Page 53 - Market Trends
Bharti Airtel trades weak despite strong Q4; down 5% from intra-day high
In the past one week, Airtel has underperformed the market by falling 4 per cent, as compared to 0.28 per cent rise in the Sensex.
 "Bharti Airtel trades weak despite strong Q4; down 5% from intra-day high")
Will ATF price hike, Jet Airways' return hurt IndiGo, Spicejet's stocks?
Jet Airways has crossed the 200-weekly moving average (WMA) for the first time since mid-2018, a period of almost 4 years, which indicates an underneath positive bias
 "Will ATF price hike, Jet Airways' return hurt IndiGo, Spicejet's stocks?")
MRPL hits highest level since Oct 2018, rallies 34% in four trading days
For Q4FY22, MRPL reported standalone net profit of Rs 3,008 crore as against profit of Rs 268 crore in Q4FY21.
 "MRPL hits highest level since Oct 2018, rallies 34% in four trading days")
Stocks to watch: ITC, LIC, BPCL, Bharti Airtel, IOC, DLF, IGL, Zydus Life
Stocks to watch today: At 7:26 am, the SGX Nifty futures were quoting 16,223 levels, signaling 30-40 point loss for the 50-packed index.
 "Stocks to watch: ITC, LIC, BPCL, Bharti Airtel, IOC, DLF, IGL, Zydus Life")
Here's why Vinay Rajani suggests buying Chalet Hotels, UTI AMC
According to technical analyst from HDFC Securities, Chalet Hotels is trying to find support at 50 days EMA, whereas, UTI AMC has formed a bullish 'hammer' candlestick pattern on the chart.
 "Here's why Vinay Rajani suggests buying Chalet Hotels, UTI AMC")
ITC gains 4% ahead of March quarter results on Wednesday
ITC is better-placed than peers with improving cigarette performance and strong earnings visibility, analysts.
 "ITC gains 4% ahead of March quarter results on Wednesday")
Nifty Auto tests 200-DMA; TaMo, Maruti can rally up to 11%, charts show
The Nifty Auto index is slowly inching towards 200-DMA; above which the index can gain up to 4 per cent.
 "Nifty Auto tests 200-DMA; TaMo, Maruti can rally up to 11%, charts show")
Aurobindo hits 2-year low; dips 11% in a week on USFDA's 6 observations
Analysts at ICICI Securities expect Aurobindo Pharma's adjusted PAT to de-grow 30.4 per cent year-on-year (YoY) to Rs 557.90 crore in the March 2022 quarter.
 "Aurobindo hits 2-year low; dips 11% in a week on USFDA's 6 observations")
Metal shares shine on demand revival hopes; Hindalco, Vedanta soar 7%
At 10:36 am; Nifty Metal index was the top gainer among sectoral indices, up 4.4 per cent, as compared to 1.3 per cent rise in the Nifty50 index.
 "Metal shares shine on demand revival hopes; Hindalco, Vedanta soar 7%")
LIC lists at 8.6% discount, stock recovers partially post weak debut
LIC has now become the fifth most valuable listed Indian company with a market capitalisation of Rs 5.72 trillion on the BSE as of 10:08 am, the exchange data shows.
 "LIC lists at 8.6% discount, stock recovers partially post weak debut")
Amber Enterprises tanks 18% on weak Q4 operational performance
In Q4, EBITDA margins declined by 240 bps to 6.5 per cent, due to delay in passing of higher raw material prices along with sharp increase in employee cost.
 "Amber Enterprises tanks 18% on weak Q4 operational performance")
Bias remains negative for MCX Gold, Silver futures; Key levels to watch out
The MCX Gold futures may slide towards the 200-DMA at Rs 48,840 in the near term; while the broader trend indicates a downside target of Rs 53,000 for MCX Silver futures.
 "Bias remains negative for MCX Gold, Silver futures; Key levels to watch out")
Stocks to Watch: Adani Group, RIL, SBI, Dmart, Railtel, Bandhan Bank, PSBs
Stocks to Watch Today: Bharat Forge, Fino Payments Bank, MCX India, RateGain Travel, Raymond and VIP Industries are some of the notable companies scheduled to announce Q4 results on Monday.
 "Stocks to Watch: Adani Group, RIL, SBI, Dmart, Railtel, Bandhan Bank, PSBs")
Poonawalla Fincorp surges 20% post March quarter results
In Q4, AUM grew 16.5 per cent year-on-year and 8.9 per cent quarter-on-quarter at Rs 16,579 crore.
 "Poonawalla Fincorp surges 20% post March quarter results")
Greaves Cotton zooms 11% as company's E-Mobility biz turns profitable in Q4
However, despite of today's rally the stock has underperformed the market by declining 28 per cent in the past one month as against a 8 per cent fall in the Sensex.
 "Greaves Cotton zooms 11% as company's E-Mobility biz turns profitable in Q4")
HDFC AMC hits new 52-week low on MSCI exclusion; stock down 18% in a month
From India, MSCI has added 4 stocks - Adani Power, AU Small Finance Bank, Jindal Steel & Power and Tata Elxsi, whereas, deleted HDFC AMC.
 "HDFC AMC hits new 52-week low on MSCI exclusion; stock down 18% in a month")
Matrimony.com surges 14% as board approves share buyback via tender offer
The board has recommended a buyback of equity shares not exceeding Rs 75 crore at an indicative maximum buyback price not exceeding Rs 1,150 per equity share.
 "Matrimony.com surges 14% as board approves share buyback via tender offer")
Stocks to Watch: L&T, Tata Motors, Siemens, Apollo Tyres, HCC, HP Adhesives
Stocks to Watch Today: Bandhan Bank, BoB, Eicher Motors, Escorts, REC, SBI, Tech Mahindra and UCO Bank are likely to be in focus ahead of Q4 results; Delhivery and Venus Pipes IPOs close on Friday.
Sensex crashes 1,100 points: Top 4 factors rattling investors' sentiment
US inflation data, possibility of aggressive rate hikes, record low rupee, and intense selloff by foreign portfolio investors are among the key factors that thumped stocks lower
 "Sensex crashes 1,100 points: Top 4 factors rattling investors' sentiment")
Here is why Hindalco shares tumbled 6 per cent on Thursday
In Q4, Novelis reported 15 per cent YoY decline in adjusted EBITDA at $431 million primarily due to short-term operational cost challenges.
 "Here is why Hindalco shares tumbled 6 per cent on Thursday")
