Data as at IST. Index data may be delayed by up to 20 minutes. For real-time updates, kindly refer to the BSE and NSE websites.
Page 35 - Markets
We expect markets to now track underlying earnings growth: Gautam Duggad
We believe the valuations at 20.5x one-year forward price-to-earnings for the Nifty50 Index are not exorbitantly expensive, but they aren't cheap either
 "We expect markets to now track underlying earnings growth: Gautam Duggad")
Risk-reward favourable for Paytm; may rise more than 100% in 1 yr: Analysts
Shares of Paytm surged 8 per cent to Rs 535.45 apiece in the intra-day trade on Friday, before settling at Rs 537, up 7 per cent
 "Risk-reward favourable for Paytm; may rise more than 100% in 1 yr: Analysts")
Chris Wood rejigs India portfolio; adds Macrotech Developers, Adani Ports
In terms of sectors, Wood remains bullish on the real estate sector and suggests the Indian realty market to be one of Asia's hottest investment bets, besides Singapore
 "Chris Wood rejigs India portfolio; adds Macrotech Developers, Adani Ports")
After the runaway rally, analysts say shift from PSBs to private peers
Private sector banks' outlook is brighter on a relative basis, and the players will outperform benchmark indices from a 6-12 months' perspective, analysts say
 "After the runaway rally, analysts say shift from PSBs to private peers")
Sensex snaps 8-day winning run, ends 415 pts lower; IT, Auto stocks weigh
CLOSING BELL: The NSE Nifty shut shop at 18,696, down 117 points. Broader indices - BSE Midcap and Smallcap bucked the trend, and were up 0.8 per cent and 0.7 per cent, respectively, on Friday.
 "Sensex snaps 8-day winning run, ends 415 pts lower; IT, Auto stocks weigh")
Venus Pipes gains 6% as Himalaya Finance buys 5 mn shares via open market
On December 1, 2022, Himalaya Finance & Investment Company purchased 5 million shares, representing 2.5 per cent of total equity, of Venues Pipes via block deal
 "Venus Pipes gains 6% as Himalaya Finance buys 5 mn shares via open market")
Tata Steel hits over 3-month high in a weak market; stock up 6% in 4 days
The removal of export duty is a significant relief and a long term positive for the domestic steel sector, according to analyst at ICICI Securities.
 "Tata Steel hits over 3-month high in a weak market; stock up 6% in 4 days")
Stock performance remains polarized even as Sensex, Nifty scale new highs
Morgan Stanley remain bullish on consumer discretionary, industrials, financials, and technology; and remain underweight all other sectors
 "Stock performance remains polarized even as Sensex, Nifty scale new highs")
Tata Play becomes first firm to file confidential papers with Sebi for IPO
Offer document open to scrutiny only by regulator, exchanges; the Walt Disney Company-led firm eyeing a Rs 3,000-crore IPO
 "Tata Play becomes first firm to file confidential papers with Sebi for IPO")
Proposed gas price revision to bring short-term relief to CGDs: Analysts
The proposed domestic gas pricing formula by Kirit Parikh panel will likely provide headroom to CGDs to reduce prices and improve margins, but this may hurt producers like ONGC, Oil India, experts say
 "Proposed gas price revision to bring short-term relief to CGDs: Analysts")
Benchmarks extend record breaking run; Nifty tops 18,800; IT, metals shine
CLOSING BELL: Global cues triggered by Powell's positive remarks boosted sentiment. The Sensex scaled a new high at 63,583, while the Nifty 50 came within striking distance of 18,900 on Thursday.
 "Benchmarks extend record breaking run; Nifty tops 18,800; IT, metals shine")
This beverages company's stock has zoomed 54% in 6 days; hits 5-year high
Shares of Orient Beverages were locked in the 5-per cent upper circuit for a sixth straight trading day, hitting a five-year high of Rs 179.05 on the BSE on Thursday
 "This beverages company's stock has zoomed 54% in 6 days; hits 5-year high")
Zomato extends gain, up 5% in 2 days after Alibaba sold 263 million shares
Camas Investments bought 98 million shares worth Rs 608 crore of Zomato via block deal on the NSE on Wednesday
 "Zomato extends gain, up 5% in 2 days after Alibaba sold 263 million shares")
BLS Int'l at new high on fixing record date for 1:1 bonus; up 12% in 2 days
In the past six months, the stock price of BLS International has more-than-doubled, zooming 110 per cent, as compared to a 14 per cent rise in the S&P BSE Sensex
 "BLS Int'l at new high on fixing record date for 1:1 bonus; up 12% in 2 days")
Cement shares in focus; JK Lakshmi, Dalmia, JK Cement up over 12% in 1 mth
Analysts expect cement stocks to witness catch up activity after months of underperformance as many negatives seem to be priced-in
 "Cement shares in focus; JK Lakshmi, Dalmia, JK Cement up over 12% in 1 mth")
Likhitha Infra soars 22% in two days as Ashish Kacholia buys 2% stake
The company has fixed Friday, December 02, as the record date for ascertaining the eligibility of shareholders entitled for split/subdivision of shares
 "Likhitha Infra soars 22% in two days as Ashish Kacholia buys 2% stake")
Nifty IT index surges 2%; Infy, TCS, Tech Mahindra, Coforge gain up to 3%
The US market ended higher overnight, led by gains in technology stocks, after US Federal Reserve chairman indicated that the central bank may slow pace of rate hikes. Nasdaq Composite jumped 4.4%
 "Nifty IT index surges 2%; Infy, TCS, Tech Mahindra, Coforge gain up to 3%")
Crypto coin that surged 3,100% in India cracks amid wider mkt meltdown
BlockAura's native token, called TBAC, has tumbled 90% to $3.03 from its all-time high of $32.30 in July, according to CoinGecko
 "Crypto coin that surged 3,100% in India cracks amid wider mkt meltdown")
IGL, MGL gain up to 4% post Kirit Parikh panel gas pricing recommendations
The S&P BSE Oil & Gas index hit a 52-week high of 20,653.57 in intra-day trade on Wednesday
 "IGL, MGL gain up to 4% post Kirit Parikh panel gas pricing recommendations")
Rupee gains sharply against US dollar as MSCI rejig spurs flows
The rupee closed at 81.43 per US dollar on Wednesday as against 81.72 per dollar on Tuesday
 "Rupee gains sharply against US dollar as MSCI rejig spurs flows")