Page 31 - Stock Markets
Sensex sprints 1,040 pts, Nifty tops 16,950 ahead of US Fed outcome
CLOSING BELL: Ultratech Cement (up 4.6 per cent) was the top Nifty gainer today. This was followed by Axis Bank, Shree Cement, IndusInd Bank, Bajaj Auto, and Hindalco
 "Sensex sprints 1,040 pts, Nifty tops 16,950 ahead of US Fed outcome")
Sandur Manganese zooms 54% in one month after strong Q3 results
The company reported a 486 per cent year-on-year (YoY) jump in profit after tax (PAT) at Rs 109 crore for the quarter ended December 2021.
 "Sandur Manganese zooms 54% in one month after strong Q3 results")
Sensex snaps 5-day winning run, shed 709 pts; metal, energy stks worst hit
CLOSING BELL: Metal stocks including Hindalco, Tata Steel, and JSW Steel were among the worst hit stocks on the bourses as they shed between 3.7 per cent and 5.3 per cent
 "Sensex snaps 5-day winning run, shed 709 pts; metal, energy stks worst hit")
Avantel freezes at 20% upper circuit on winning order worth Rs 126 crores
The stock of the telecom equipment company was trading close to its 52-week high level of Rs 949, touched on October 19, 2021.
 "Avantel freezes at 20% upper circuit on winning order worth Rs 126 crores")
Markets extend rally to fifth day; Sensex up 935 pts, Nifty tops 16,850
Oil prices drop sharply on Russia-Ukraine talks
 "Markets extend rally to fifth day; Sensex up 935 pts, Nifty tops 16,850")
Sensex soars 936 pts, Nifty tops 16,850; HDFC Bank rises 3%, Paytm dips 12%
CLOSING BELL: Shares of One97 Communications, the parent company of digital payments major Paytm, tanked 14.5 per cent to hit a new low of Rs 662 on the BSE in Monday's intra-day trade
 "Sensex soars 936 pts, Nifty tops 16,850; HDFC Bank rises 3%, Paytm dips 12%")
Stock markets ignoring inflation shock?
Russia's invasion of Ukraine has only added to the inflation fire
 "Stock markets ignoring inflation shock?")
Sensex adds 86 pts; GNFC, JK Paper surge 12% each, auto stocks slide
CLOSING BELL: Sectorally, the Nifty Pharma index was the best performing index, rising 2.5 per cent on the NSE. The Nifty Auto index, on the other hand, slipped 0.4 per cent
 "Sensex adds 86 pts; GNFC, JK Paper surge 12% each, auto stocks slide")
Govt to file final papers for LIC IPO with Sebi soon, says official
The govt to soon file the final papers for LIC IPO with Sebi, which will provide details about the price band, discount for policyholders and retail buyers
 "Govt to file final papers for LIC IPO with Sebi soon, says official")
Insurance companies step up stock purchases amid market swings
LIC may have also ramped up share purchases to cushion the market against steep falls ahead of its initial public offering, said market watchers
 "Insurance companies step up stock purchases amid market swings")
Sensex and Nifty extend relief rally, jump over 2% amid bargain buying
Many fear that the high commodity prices would lead to further pressure on inflation and boost prospects of stagflation
 "Sensex and Nifty extend relief rally, jump over 2% amid bargain buying")
Sensex leaps 1,163 pts from the day's low, ends 581 pts up; Nifty tops 16K
CLOSING BELL: The winners included Indian Oil Corporation, Sun Pharma, Tata Consumer Products, TCS, Cipla, Shree Cement, NTPC, Tech M, Dr Reddy's Labs, Wipro, Ultratech Cement, and Infosys
Sensex, Nifty drop over 2.3% as Brent crude oil touches 14-year high
Sensex falls nearly 1,500 points with financial stocks being biggest drag
 "Sensex, Nifty drop over 2.3% as Brent crude oil touches 14-year high")
Stocks to Watch: Vodafone Idea, Emami, JK Cement, CIL, Airlines, OMCs
FMCG major Emami has acquired a 19 per cent equity stake in direct-to-consumer (D2C) nutrition firm Tru Native F&B Pvt Ltd.
 "Stocks to Watch: Vodafone Idea, Emami, JK Cement, CIL, Airlines, OMCs")
Investors' wealth climb Rs 1.99 trillion as stocks bounce back
As the equity markets bounced back on Thursday after a steep decline in the previous session, investors' wealth grew by Rs 1.99 trillion in early trade.
 "Investors' wealth climb Rs 1.99 trillion as stocks bounce back")
Stocks slip as oil prices continue to soar; Fed says rate hikes on track
Brent crude oil prices touched an intra-day high of $121.89 per barrel, the highest since April 2012, before paring some gains
 "Stocks slip as oil prices continue to soar; Fed says rate hikes on track")
Russia-Ukraine crisis: NSE FMCG index hits 9-month low, metal firms soar
\Russia-Ukraine conflict could hurt FMCG firms' earnings, compress demand: Experts
 "Russia-Ukraine crisis: NSE FMCG index hits 9-month low, metal firms soar")
Indian investors can trade in select US stocks via NSE IFSC from March 3
Trading in US stock receipts will be conducted over two calendar days beginning 20:00 pm on day one and extending up to 2.30 pm the next day
 "Indian investors can trade in select US stocks via NSE IFSC from March 3")
War & markets: Sharp recovery post a steep fall? History does suggest so
Analysts say the market fall was a knee-jerk reaction to the Russia - Ukraine conflict and are likely to witness a choppy phase before discounting this development and staging a sharp rebound
 "War & markets: Sharp recovery post a steep fall? History does suggest so")
Use the market correction as an opportunity to buy quality stocks
Those investors who are unable to handle market volatility should take an advisor's help or use hybrid mutual funds
 "Use the market correction as an opportunity to buy quality stocks")
