Page 2 - Stock Market Rally
Tata Motors gains 4% on heavy volumes; stock surges 12% in one month
Tata Motors and its wholly-owned subsidiary JLR to report December quarter results on Wednesday, January 25, 2023.
 "Tata Motors gains 4% on heavy volumes; stock surges 12% in one month")
Kabra ExtrusionTechnik surges 15%, nears 52-week high on strong Q3 show
The management said revenue growth in Q3FY23 was aided by strong growth in the Battrixx division revenues.
 "Kabra ExtrusionTechnik surges 15%, nears 52-week high on strong Q3 show")
These 2 recently listed stocks have zoomed up to 44% from December lows
Landmark Cars hit a new high of Rs 622.45, surging 44% from its December low of Rs 433.20, while Sula Vineyards rallied 40% from its low of Rs 305.35.
 "These 2 recently listed stocks have zoomed up to 44% from December lows")
Bullish trends dominant in run up month to Union Budget, shows report
With the Union Budget for 2023-24 just days away, there are chances that there could be volatility in the BSE benchmark, due to expectations of US Federal Reserve hiking rates
 "Bullish trends dominant in run up month to Union Budget, shows report")
HDFC Bank, HDFC extend gains; advance over 3% in two trading days
In the past three months, HDFC Bank (up 13 per cent) and HDFC (up 15 per cent) have outperformed the benchmark S&P BSE Sensex
 "HDFC Bank, HDFC extend gains; advance over 3% in two trading days")
Equity benchmarks defy global cues, finish nearly 1% in the green
The 30-share BSE Sensex rallied 562.75 points or 0.94 per cent to settle at 60,655.72
 "Equity benchmarks defy global cues, finish nearly 1% in the green")
PSBs in focus; UCO Bank, Indian Overseas, Union Bank surge over 5%
Motilal Oswal Financial Services believes that sustained and consistent performance on delivering healthy return ratios can result in further re-rating of the stocks.
 "PSBs in focus; UCO Bank, Indian Overseas, Union Bank surge over 5%")
Sensex ends 303 pts higher fueled by Infosys, ICICI Bank; Nifty near 17950
CLOSING BELL: Within sectors, barring consumer durables, PSB and Metal indices on the Nifty logged in most gains, up over 1 per cent each, followed by IT and financial pockets
 "Sensex ends 303 pts higher fueled by Infosys, ICICI Bank; Nifty near 17950")
RIL, Dr Reddy's Labs: 5 Nifty500 stocks cross 200-DMA, defying weak trend
Following a strong close over the 200-DMA set at Rs 2,559, the chart structure of Reliance Industries reveals a "Double Bottom" breakout
 "RIL, Dr Reddy's Labs: 5 Nifty500 stocks cross 200-DMA, defying weak trend")
Bulls stage turnaround on Monday; key reasons why Sensex rallied 850 pts
The market sentiment got a boost from jobs and services data in the US, which hinted at a cooling economy prompting bullish bets from investors
 "Bulls stage turnaround on Monday; key reasons why Sensex rallied 850 pts")
Stock of this private defense company has zoomed 170% in 6 months
In the past three months, the stock of Apollo Micro Systems has outperformed market as shares surged 75 per cent, as against 4.8 per cent rise in the S&P BSE Sensex.
 "Stock of this private defense company has zoomed 170% in 6 months")
Sensex, Nifty set to gain for seventh straight year; smallcaps underperform
The underperformance of the small-caps, according to analysts, was mostly due to rising raw material prices and the hike in rates by central banks, which in turn impacted their financial performance
 "Sensex, Nifty set to gain for seventh straight year; smallcaps underperform")
Key reasons why Sensex bounced back on Monday to rally 1,000 pts intra-day
Friday's correction saw a sharp short-covering on Monday as market put aside fears around the Covid-19 situation in China
SBI, Axis Bank, Larsen & Toubro among Sensex 30 hit fresh all-time highs
In the past one month, SBI up 3% has underperformed the PSU Bank index, which surged 21% during the period.
 "SBI, Axis Bank, Larsen & Toubro among Sensex 30 hit fresh all-time highs")
Podcast: How long will the rally in railway stocks sustain?
Will railway stocks be able to hold on to their recent gains. Listen to this podcast to know more
 "Podcast: How long will the rally in railway stocks sustain?")
Larsen & Toubro hits record high; market-cap crosses Rs 3 trn mark
L&T is the best proxy for domestic capex given its market leadership in the engineering and construction industry, diversified revenue stream and strengthening balance sheet.
 "Larsen & Toubro hits record high; market-cap crosses Rs 3 trn mark")
'Do not see any reason for SIP flows to change course significantly'
Investors can continue and add SIPs or STPs (spread over next six months rather than lump sum) into midcap funds, with a five year time horizon
 "'Do not see any reason for SIP flows to change course significantly'")
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")
Indices slip for 2nd day, close in red for the week; Sensex falls 87 points
Similarly, the broader NSE Nifty dipped 36.25 points or 0.20 per cent to end at 18,307.65
 "Indices slip for 2nd day, close in red for the week; Sensex falls 87 points")
Analysts see more legs to the market rally amid intermittent corrections
Analysts think it will not be a runaway rally from here on as the market valuations seem expensive
 "Analysts see more legs to the market rally amid intermittent corrections")
