Page 14 - Stock Markets
Stocks rise for 3rd day; Sensex closes above 60,000, Nifty scales 17,900
Gains in global equity markets also propped up the local equities
 "Stocks rise for 3rd day; Sensex closes above 60,000, Nifty scales 17,900")
Sensex rises 322 pts, Nifty tops 17,900 amid global rally; IT stocks shine
CLOSING BELL: Tech M, Titan, Axis Bank, Infosys, Ultratech Cement, Bajaj Finance, Tata Steel, Wipro, RIL, and TCS were the top large-cap winners
 "Sensex rises 322 pts, Nifty tops 17,900 amid global rally; IT stocks shine")
Stock markets to take cues from macro data, global trends: Analysts
Industrial production data for July and inflation rate for August are scheduled to be announced on Monday
 "Stock markets to take cues from macro data, global trends: Analysts")
Online brokers alone can't serve new retail investors: Religare Broking CEO
We have launched an aggressive discount broking plan, Religare One Pro Plan, to counter the discount broker model and attract Gen Z and millennial clients, says Nitin Aggarwal
 "Online brokers alone can't serve new retail investors: Religare Broking CEO")
Sensex ends choppy day 105 points higher; IT stocks lead; Financials weigh
CLOSING BELL: Among individual stocks, Tech M, IndusInd Bank, Infosys, HCL Tech, Maruti Suzuki, SBI, and TCS were the top large-cap winners
 "Sensex ends choppy day 105 points higher; IT stocks lead; Financials weigh")
Hatsun Agro rallies 13% in four days as Sundaram, SBI MF pick up 1.3% stake
As per shareholding data on the BSE, SBI Mutual Fund and promoter Chandramogan held 4.9 per cent and 56 per cent stakes in the company, respectively, as at the end of the April-June quarter
 "Hatsun Agro rallies 13% in four days as Sundaram, SBI MF pick up 1.3% stake")
It's raining IPOs as markets rebound; 7 firms plan to raise Rs 10,425 cr
In August, 7 companies file DRHPs to raise Rs 10,425 cr - the most in 5 months
 "It's raining IPOs as markets rebound; 7 firms plan to raise Rs 10,425 cr")
Macro fundamentals improving, but risk-reward unfavourable: BNP Paribas
'Defying global trends, Nifty 50 has outperformed most peers year-to-date and is trading at 19.2 times, 21% above its long-term average, taking the earnings yield-bond yield gap below 2%'
ICICI, Axis, HDFC Bank lift Sensex 659 pts, Nifty near 17,800; metals dip
CLOSING BELL: Shree Cement, BPCL, Tech M, Axis Bank, M&M, ICICI Bank, Ultratech Cement, Bharti Airtel, Bajaj Finserv, and SBI gained in the range of 2 per cent to 5 per cent
 "ICICI, Axis, HDFC Bank lift Sensex 659 pts, Nifty near 17,800; metals dip")
M&M gains 3% to touch new high; overtakes Tata Motors' market cap
In past three months, the market price of M&M has appreciated by 27 per cent, while Tata Motors recorded 2 per cent gain in its stock price.
 "M&M gains 3% to touch new high; overtakes Tata Motors' market cap")
MNC stocks in focus: Charts show up to 17% upside in ABB, HUL, SKF India
ABB India, Hindustan Unilever, and SKF India have excelled well in recent months with ABB and SKF India gradually ralling to all-time highs
 "MNC stocks in focus: Charts show up to 17% upside in ABB, HUL, SKF India")
Sensex slips 168 pts, Nifty below 17,650; Ultratech up 4.5%, TaMo down 2.5%
The resilience of the broader markets, however, continued on the bourses with the BSE MidCap and SmallCap indices advanced 0.5 per cent and 0.75 per cent, respectively
This Tata Group stock has zoomed 109% against its rights issue price
Meanwhile, the stock has surged 55 per cent against its qualified institutional placement (QIP) price of Rs 202 per share
 "This Tata Group stock has zoomed 109% against its rights issue price")
Sensex ends choppy day 49 pts down; DreamFolks rallies 42%; pvt banks weak
DreamFolks Services made a strong stock market debut as its shares got listed at Rs 508.70, a 56 per cent premium over its issue price of Rs 326 per share on the National Stock Exchange (NSE)
 "Sensex ends choppy day 49 pts down; DreamFolks rallies 42%; pvt banks weak")
Tata Motors, Ashok Leyland, Eicher eye up to 17% gains, charts show
Tata Motors' stock gained 161 per cent in 2021, and reached its new 52-week high of Rs 536.70. However, the stock has been tepid so far in 2022 and seen testing the 200-DMA
 "Tata Motors, Ashok Leyland, Eicher eye up to 17% gains, charts show")
Sensex, Nifty climb nearly 1%; metal, banking and capital goods stocks rise
The international oil benchmark Brent crude jumped 2.81 per cent to $95.63 per barrel
 "Sensex, Nifty climb nearly 1%; metal, banking and capital goods stocks rise")
Analysts say 'subscribe' to Tamilnad Mercantile Bank IPO: Read to know why
Tamilnad Mercantile Bank's dedicated customer base, strong financial track record, healthy asset quality and reasonable valuation make analysts bullish on its IPO
 "Analysts say 'subscribe' to Tamilnad Mercantile Bank IPO: Read to know why")
Dalal Street defies global mood; Sensex soars 443 pts, Nifty top 17,650
CLOSING BELL: ITC, Sun Pharma, RIL, Tata Steel, NTPC, HCL Tech, L&T, and ICICI bank were the top Sensex gainers, while Hindalco, JSW Steel, Grasim, and Cipla were additional top gainers on the Nifty50
 "Dalal Street defies global mood; Sensex soars 443 pts, Nifty top 17,650")
See-saw week of volatility sees indices end marginally in the green
A depreciating rupee and foreign fund outflows further crimped risk appetite, traders said.
 "See-saw week of volatility sees indices end marginally in the green")
Larsen & Toubro gains 2%, hits over six-mth high on strong revenue outlook
In the past one month, L&T has outperformed the market by gaining 9 per cent as compared to a 1.4 per cent rise in the S&P BSE Sensex
 "Larsen & Toubro gains 2%, hits over six-mth high on strong revenue outlook")
