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Page 38 - Markets
Indian markets are likely to underperform peers in the short-run: Analysts
Among the lot, US equities still have a lot of room to catch up as the US Federal Reserve (US Fed) slows its pace of rate hikes, analysts say
 "Indian markets are likely to underperform peers in the short-run: Analysts")
Hi-Tech Pipes surges 18% as board to mull fund raising on November 24
The board will meet to consider fund raising through preferential issue of security(ies) to the person belonging to promoter/promoter group/non promoter group category
 "Hi-Tech Pipes surges 18% as board to mull fund raising on November 24")
PSU Bank index soars 73% from June lows; UCO, BOI, Canara zoom up to 102%
In the past one month, the Nifty PSU Bank index has rallied 31 per cent as compared to a 2.8 per cent rise in the Nifty 50 index
 "PSU Bank index soars 73% from June lows; UCO, BOI, Canara zoom up to 102%")
Nykaa shares decline 5% for second straight day on heavy volumes
Since Nov 10, when the stock price of Nykaa turned ex-bonus and the lock-in period ended, investors as well as private equity firms have offloaded around 181 million equity shares
 "Nykaa shares decline 5% for second straight day on heavy volumes")
Easy Trip Planners zooms 40% in two days; stock hits all-time high
The stock had turned ex-date for 3:1 bonus issue, and 1:1 stock split on Monday
 "Easy Trip Planners zooms 40% in two days; stock hits all-time high")
Stocks to Watch: Reliance, Nykaa, NDTV, Kaynes Technology, PFC, JK Paper
Stocks to Watch: Kaynes Technology will make its debut today. The issue price is fixed at Rs 587 per share
 "Stocks to Watch: Reliance, Nykaa, NDTV, Kaynes Technology, PFC, JK Paper")
Escorts Kubota rallies 6%; nears record high on strong growth outlook
The management has laid out a target revenue of Rs 22,700 crore by FY28 driven by amalgamation with Kubota JVs, ramp-up of vehicle/component exports, and continuing growth in domestic businesses
 "Escorts Kubota rallies 6%; nears record high on strong growth outlook")
Lack of broader market participation casts shadow on month-long rally
Nifty Midcap 100, Nifty Smallcap 100 struggle even as markets make new highs
 "Lack of broader market participation casts shadow on month-long rally")
Roll-back of export duty on steel has no near-term earnings upside: Experts
Analysts perceive the roll-back of export duties on steel as a valuation re-rating event, rather than an earnings upgrade trigger
 "Roll-back of export duty on steel has no near-term earnings upside: Experts")
India saw third-highest crypto app downloads between 2015 and 2022: BIS
Experts attributed it to the bull run in the market, curiosity around the crypto technology and access to smartphones and better internet facilities in India
 "India saw third-highest crypto app downloads between 2015 and 2022: BIS")
Easy Trip Planners surges 20% as stock turns ex-date for split, bonus issue
The stock turned ex-date for 3:1 bonus issue, and 1:1 stock split
 "Easy Trip Planners surges 20% as stock turns ex-date for split, bonus issue")
Stocks to Watch: Tata Motors, PB Fintech, Zomato, Archean Chemical, Metals
Stocks to Watch: Archean Chemical Industries and Five Star Business Finance will make their market debut today; Tata Motors will replace Dr Reddy's in the BSE Sensex from December 19
 "Stocks to Watch: Tata Motors, PB Fintech, Zomato, Archean Chemical, Metals")
TMS Ep307: Elon Musk & Twitter, B-schools, Markets, FTX's implosion
Is Elon Musk mismanaging Twitter? Are B-schools losing their relevance? Should investors be worried about the recent correction? Who will lose the most due to FTX's implosion? Answers here
 "TMS Ep307: Elon Musk & Twitter, B-schools, Markets, FTX's implosion")
TMS Ep306: insolvency process, big guns exports, markets, game of skills
Has India's insolvency process matured? Has India finally buried the Bofors ghost? Is it time to raise high-beta bets in your portfolio? How's game of skill different from game of chance? Answers here
 "TMS Ep306: insolvency process, big guns exports, markets, game of skills")
Relaxo Footwears extends slide on weak Q2 results; stock hits 18-month low
Thus far in the calendar year 2022, Relaxo Footwears has underperformed the market by declining 33 per cent as compared to a 4 per cent rise in the S&P BSE Sensex
 "Relaxo Footwears extends slide on weak Q2 results; stock hits 18-month low")
Is it time to raise high-beta bets in your portfolio?
Equity markets now appear to have moved past worries of rate hikes. This is reflected by the Sensex and Nifty indices hovering near their all-time highs. Is it time to restructure your portfolio?
 "Is it time to raise high-beta bets in your portfolio?")
Stock of this SME Company has zoomed 121% in 8 trading days
Shares of Evans Electric were locked at the 10 per cent upper circuit at Rs 189.75 on BSE on Friday, trading at fresh 52-week high amid heavy volumes
Bikaji Foods slips 6% to hit new low since listing, trades near issue price
With today's fall, the stock has declined 9.5 per cent from its high of Rs 334.70, touched on the listing day. It is now trading close to its issue price of Rs 300 per share
 "Bikaji Foods slips 6% to hit new low since listing, trades near issue price")
TCPL Packaging soars 16%, hits record high on healthy business outlook
In Q2FY23, the company's consolidated revenues grew by 43 per cent YoY to Rs 361.7 crore on the back of higher volumes and better realizations
 "TCPL Packaging soars 16%, hits record high on healthy business outlook")
Honda India Power hits new high, zooms 45% in 1 month on strong Q2 results
In Q2FY23, the company's profit after tax jumped 167 per cent year-on-year at Rs 42.42 crore on the back of healthy operational income
 "Honda India Power hits new high, zooms 45% in 1 month on strong Q2 results")