Page 13 - Share Market
Wipro hits record high as digital services demand drives quarterly profit
Wipro Ltd's shares rose as much as 2.3% to a record high on Friday, a day after the Indian IT services firm reported a jump in quarterly profit ahead of analysts' estimates
 "Wipro hits record high as digital services demand drives quarterly profit")
Indian shares rise in choppy trading; cabinet reshuffle, earnings eyed
Indian shares edged higher on Wednesday in volatile trading, as financials helped offset a fall in auto stocks, while investors parsed through some corporate earnings that trickled in
 "Indian shares rise in choppy trading; cabinet reshuffle, earnings eyed")
China shares slip after Party's party, others firm ahead of US jobs data
Chinese shares dropped on Friday, a day after China's Communist Party celebrated its centenary, while other regional markets held firm following Wall Street's ascent to record highs
 "China shares slip after Party's party, others firm ahead of US jobs data")
Indian shares open flat as pharma boost offsets losses in tech stocks
Indian shares were largely unchanged on Monday, as gains in pharmaceutical stocks and heavyweight Reliance Industries were offset by losses in information technology stocks
 "Indian shares open flat as pharma boost offsets losses in tech stocks")
Indian shares open higher with IT, energy companies gaining the most
Indian shares rose on Thursday, with information technology and energy companies gaining the most, as investors awaited US inflation data and the outcome of a European Central Bank meeting
Direct foreign listing: Indian companies face capital gains hurdle
FinMin seeks 10% capital gains tax on transfer of Indian shares
 "Direct foreign listing: Indian companies face capital gains hurdle")
How to make money in stock market by using the Detrended Price Oscillator
The key significance of the DPO is to identify the price cycle. The idea is to capitalize on the short-term trend, based on the past performances.
 "How to make money in stock market by using the Detrended Price Oscillator")
Should you sell on a rally or buy on dips? Here's what charts say
The market needs to see follow-up buying to break above crucial resistance levels
 "Should you sell on a rally or buy on dips? Here's what charts say")
SRF, Jindal Steel: Will the likely inclusion in MSCI index trigger a rally?
Tata Motors DVR, Intellect Design and SKF India are among the stocks that may be added to the MSCI SmallCap index
 "SRF, Jindal Steel: Will the likely inclusion in MSCI index trigger a rally?")
Vedanta raises open offer price for Indian unit to Rs 235 per share
Anil Agarwal-led Vedanta Resources Plc on Tuesday raised the open offer price for buying shares in its flagship Indian firm to Rs 235 per share, nearly 4 per cent higher
 "Vedanta raises open offer price for Indian unit to Rs 235 per share")
GMM Pfaudler, IDBI Bank: 14 Nifty500 stocks have surged above their 200-DMA
Analysts prefer stocks trading above the 200-DMA, since they tend to perform better in a trending market. Risk management, hence, becomes comparatively easier
 "GMM Pfaudler, IDBI Bank: 14 Nifty500 stocks have surged above their 200-DMA")
Chevron to buy out Noble Midstream Partners in $1.32-billion deal
The final value under the new deal, however, will depend on the price Chevron's shares are trading at when the deal closes, expected in the second quarter
 "Chevron to buy out Noble Midstream Partners in $1.32-billion deal")
Stocks to watch: IndusInd Bank, Hero Moto, Wipro, Jubilant Foods, YES Bank
Lakshmi Vilas Bank (LVB) said that the trading in its equity shares will be withdrawn with effect from December 18, 2020.
 "Stocks to watch: IndusInd Bank, Hero Moto, Wipro, Jubilant Foods, YES Bank")
GM, Nikola announce reworked agreement; Nikola shares tumble 24%
The new agreement, a non-binding memorandum of understanding that doesn't expire until the end of 2021, is subject to negotiation and a definitive deal, Nikola and GM said in separate statements.
 "GM, Nikola announce reworked agreement; Nikola shares tumble 24%")
A shareholding rejig worth over Rs 9155 crore at Reliance Industries
According to separate transactions, another promoter of the company, Devarshi Commercials LLP, offloaded a total of 8,65,52,244 shares for over Rs 9,145 crore.
 "A shareholding rejig worth over Rs 9155 crore at Reliance Industries")
Investors weigh options as top firms turn expensive after lopsided rally
Investors have taken shelter in some of India's biggest companies amid a credit crunch and the slowest economic growth in six years
 "Investors weigh options as top firms turn expensive after lopsided rally")
Airtel and Voda-Idea remain risky bets
While the two stocks have witnessed a relief rally, their fundamentals remain worrisome
Protection or 'war against truth'? Ban on short-selling of shares returns
South Korea is considering restrictions while European authorities are investigating short-sellers over alleged market manipulation
 "Protection or 'war against truth'? Ban on short-selling of shares returns")
Street signs: Nifty to consolidate at current levels, DLF stock, and more
Among banking stocks, State Bank of India, HDFC Bank and ICICI Bank could prove good bets, say analyst
 "Street signs: Nifty to consolidate at current levels, DLF stock, and more")
Too early to say that financial sector is out of the woods: M Raychaudhuri
Present liquidity-driven rally does generate some concerns about the market moving ahead of fundamentals, says Raychaudhuri
 "Too early to say that financial sector is out of the woods: M Raychaudhuri")
