Page 15 - Stock Markets
NSE indices rejig: Adani Enterprises, Adani Total, HAL can rally up to 10%
Adani Total Gas is the only stock that has closed in green each quarter since the Covid-19 pandemic, shows the quarterly chart. The stock has surged 14 times from the pandemic lows
 "NSE indices rejig: Adani Enterprises, Adani Total, HAL can rally up to 10%")
Volatility may be a good thing for investors considering Info Edge stock
Analysts bullish about holding company of popular websites like Naukri and 99acres despite value erosion of Zomato, Policybazaar, its investee firms
 "Volatility may be a good thing for investors considering Info Edge stock")
Are falling growth rates the next big worry for Indian equity markets?
A dip in demand amid rising inflation and central bank policies has seen brokerages, such as Goldman Sachs and Morgan Stanley, cut their respective growth estimates for the Indian economy
 "Are falling growth rates the next big worry for Indian equity markets?")
Amid global selloff, markets see intraday wild swings, Sensex down1,015 pts
The benchmark Sensex opened gap-down 827 points (down 1.4 per cent), then went on to fall -1,015 points, or 1.7 per cent over its previous day's close
 "Amid global selloff, markets see intraday wild swings, Sensex down1,015 pts")
Ashok Leyland rallies 5% on bagging order for 1,400 school buses in UAE
The stock surpassed its previous high of Rs 158.15 touched on August 1, 2022. It was trading close to its record high of Rs 168 touched on May 8, 2018
 "Ashok Leyland rallies 5% on bagging order for 1,400 school buses in UAE")
Biocon sheds 4%, hits 52-week low as US FDA issues form 483 for 3 sites
The US health regulator has issued Form 483s with 11 observations each for two sites in Bengaluru and six observations for a plant in Malaysia site.
 "Biocon sheds 4%, hits 52-week low as US FDA issues form 483 for 3 sites")
Piramal Enterprises shares trade ex-demerger; stock surges 9% intra-day
The record date is fixed as September 01, 2022 for issuance and allotment of 4 equity shares (Rs 10 each) of Piramal Pharma (PPL) for every 1 equity share (Rs 2 each) to shareholders of Piramal Ent
 "Piramal Enterprises shares trade ex-demerger; stock surges 9% intra-day")
Indian markets slide on US Fed's hawkish tilt; Sensex down 861 points
Experts say any fall in US equities could reflect in the domestic markets as well
 "Indian markets slide on US Fed's hawkish tilt; Sensex down 861 points")
BofA's new target: Nifty50 to trade in 17,000-19,500 range this year
Brokerage has revised the mark upwards for the second time this month
 "BofA's new target: Nifty50 to trade in 17,000-19,500 range this year")
Tech stocks get hammered in manic Monday sell-off; Nifty IT falls 3.5%
The tech-heavy Nasdaq index is down 22 per cent this year
 "Tech stocks get hammered in manic Monday sell-off; Nifty IT falls 3.5%")
3 reasons why the Sensex ended 861 points lower at 57,973 levels on Monday
Monday's market mayhem was led by the IT pack as Nifty IT index cracked over 4 per cent. Tech M, Infosys, HCL Tech, Wipro and TCs slipped 2-5 per cent.
 "3 reasons why the Sensex ended 861 points lower at 57,973 levels on Monday")
Stock of this defence company has zoomed 87% over its issue price
Shares of Data Patterns hit a record high of Rs 1,093.50 as the stock rallied nearly 15 per cent on the BSE in Monday's intra-day trade on heavy volumes
 "Stock of this defence company has zoomed 87% over its issue price")
Indian markets may feel the pinch of Fed chief's hawkish comments: Experts
Last week, the Sensex and the Nifty shed over 1 per cent but were still up nearly 15 per cent from their June lows
 "Indian markets may feel the pinch of Fed chief's hawkish comments: Experts")
Lot of hesitancy and scepticism among retail investors: Centrum Broking ED
'If the market movement remains positive for an extended period, flows would become healthy once again', said Anil Sarin
 "Lot of hesitancy and scepticism among retail investors: Centrum Broking ED")
Eicher Motors sinks 3% as CFO Arunachalam tenders resignation
Eicher Motors said the appointment of a new CFO in his place would be intimated in due course. Meanwhile, Arunachalam will now join Cromptom Greaves Consumer as CFO, from September 5
 "Eicher Motors sinks 3% as CFO Arunachalam tenders resignation")
Fertiliser stocks are shining; and there's more to the rally, say experts
A K Prabhakar, head of research at IDBI Capital, for instance, sees more headroom in stocks of fertiliser companies, especially those that have backward integration as well
 "Fertiliser stocks are shining; and there's more to the rally, say experts")
RBL, IDBI Bank surge up to 10%; Karur Vysya, Federal Bank hit 52-week highs
Union Bank of India, Bank of India, Canara Bank, Punjab National Bank, Indian Overseas Bank, Uco Bank, Central Bank of India, and Bank of Baroda from the PSUpack were up 2-5%
 "RBL, IDBI Bank surge up to 10%; Karur Vysya, Federal Bank hit 52-week highs")
DreamFolks' IPO subscribed 1.96x on Day 1, retail portion booked 8x
The institutional investor portion was subscribed 0.25x. The wealthy investor portion by 1.39x, and retail investor by 8x. Overall, the IPO was subscribed 1.96x
 "DreamFolks' IPO subscribed 1.96x on Day 1, retail portion booked 8x")
Amid hefty FPI flows, rupee turns into outperformer among EM peers
Rupee performs better than 11 emerging market currencies amid jump in US dollar index
 "Amid hefty FPI flows, rupee turns into outperformer among EM peers")
On volatile day, indices manage small gains amid weakness in global bourses
The 30-share BSE Sensex climbed 54.13 points or 0.09 per cent to settle at 59,085.43. During the day, it hit a high of 59,170.87 and a low of 58,760.09
 "On volatile day, indices manage small gains amid weakness in global bourses")
