Page 20 - Stock Markets

Sensex, Nifty slide for a fourth straight session; IT, banking shares drop

The 30-share BSE benchmark settled 98 points or 0.18 per cent lower at 53,416.15. During the day, it hit a high of 53,861.28 and a low of 53,163.77

Start-ups trump traditional companies in value creation, shows data

Indian start-ups are also having a much larger impact in India than in the global context

NMDC hits 52-week low on weak earnings concerns; declines 7% in three days

EBITDA margin for Q1FY23E is likely to come in at 33.3 per cent as against 40 per cent in Q4FY22, said ICICI Securities

CARE Ratings surges 10% as board to consider share buyback plan on July 20

In the past six months, CARE Ratings has underperformed the market by falling 27 per cent, as compared to a 12 per cent decline in the S&P BSE Sensex.

Insecticides India up 3% in weak market; hits 52-wk high on healthy outlook

For FY23, the management expects the top line to grow by a double digit, mainly driven by expansion of facilities, addition of new generation products and significant number of product registrations.

Demand outlook remains robust for Blue Dart Express, say brokerages

Blue Dart Express posted 34 per cent revenue growth in 2021-22, assisted by 30 per cent growth in volumes; the rest came from higher realisations

M&M Financial Services zooms over 16% in July on strong biz outlook

Thus far in July (last eight days), MMFSL has rallied 16 per cent, as compared to a 1.6 per cent rise in the S&P BSE Sensex

M&M Financial gains 3%, hits 52-week high on healthy business outlook

Thus far in July (last eight days), MMFSL has rallied 18 per cent, as compared to a 2 per cent rise in the S&P BSE Sensex.

Titagarh Wagons hits 4-year high; gains 26% in 2 weeks on strong order book

As on March 2002, TWL had a strong diversified order book position of Rs 15,123 crore across Indian (Rs 10,675 crore) and Italian business (Rs 4,448 crore) operations.

A first half worth forgetting

Contrasting narratives are plausible and in play after a truly terrible six months for the markets

ITC hits 52-week high on hopes of strong Q1 nos; soars 36% thus far in 2022

ITC is expected to post strong 23.3% revenue growth led by 21.8% growth in the cigarettes business, 28% growth in paperboard business & 17.5% growth in FMCG business, ICICI Securities said.

Match limited exposure with long investment horizon for small-caps' safety

Hold only a couple of funds and diversify across growth and value style

Fund Pick: Nippon India Small Cap Fund is the long-term outperformer

The fund took exposure to 270 stocks in three years and has held 67 stocks consistently

Sobha extends rally on strong Q1 operational update; zooms 25% in four days

The company has achieved the highest ever quarterly sales volume of 1.36 million sft in April-June quarter, up by 51.7 per cent year-on-year.

Himadri Speciality surges 11% on heavy volumes; zooms 40% in one week

In the past six months, HSCL has outperformed the market by surging 75 per cent, as compared to a 9 per cent decline in the S&P BSE Sensex.

Nifty regains 16K mark amid easing inflation worries; Sensex up 427 points

Indices end at highest level in nearly a month

Rajratan Global Wire hits record high; zooms 48% in 2 wks on strong outlook

Rajratan is the sole supplier of bead wire to some of the leading companies in the tyre industry and expects to further improve its market share in the Indian market.

Bulls are back: Equities rebound over 1%; crude below $100 per barrel

Reversal in FPI selling buoys sentiment

Tube Investments hits 6 month-high; zooms 29% in 2 weeks on strong outlook

TII's diversified approach to de-risk from auto sector and concentrate more on other industrial segments (like railways & powers through the inorganic form) to support long-term revenue visibility.

Market litmus turns red as shares erase gains; rupees hits fresh record low

The NSE Nifty50 Index ended down 0.15 per cent at 15,810.85, while the S&P BSE Sensex dropped 0.2 per cent to 53,134.35