Page 36 - Stock Markets
Sensex jumps 533pts; Nifty ends above 18,200 led by RIL, Infy, Airtel
The BSE Midcap and Smallcap indices gained 1 per cent and 0.7 per cent, respectively. Telecom stocks logged smart gains after telcos pitched for 90-95 per cent cut in 5G spectrum auction prices
 "Sensex jumps 533pts; Nifty ends above 18,200 led by RIL, Infy, Airtel")
DMart slips 8%, hits over 3-month low; down 12% in 3 days post Q3 results
The management indicated that it continues to monitor the current situation, wherein the trend in sales and footfall will depend on any local pandemic related restriction on trade activities.
 "DMart slips 8%, hits over 3-month low; down 12% in 3 days post Q3 results")
Goldiam International soars 16% on stock split plan; gains 350% in one year
The company said its board will meet on February 8 to consider the proposal for sub-division/split of company's equity shares of face value of Rs 10 each.
 "Goldiam International soars 16% on stock split plan; gains 350% in one year")
Vodafone Idea gains 14% on heavy volumes after crashing 21% a day before
On Tuesday, the stock of the telecom services provider had tanked 21 per cent to Rs 11.80 after the company said it agreed to convert interest on deferred statutory dues into equity.
 "Vodafone Idea gains 14% on heavy volumes after crashing 21% a day before")
Sensex rises for 3rd straight day; ends 221 pts up; Voda Idea plunges 21%
The broader markets were quiet today with the BSE MidCap and SmallCap indices ending little changed
 "Sensex rises for 3rd straight day; ends 221 pts up; Voda Idea plunges 21%")
Nifty50 firms' combined net profit seen rising 25% in third quarter
Metal and mining firms expected to lead earnings growth
 "Nifty50 firms' combined net profit seen rising 25% in third quarter")
Macquarie values Paytm at Rs 900; stock falls 45% against issue price
Global brokerage Macquarie has maintained its 'underperform' rating on the stock and reduced its target price (TP) to Rs 900.
 "Macquarie values Paytm at Rs 900; stock falls 45% against issue price")
Australian shares end lower over Omicron surge worries, tech slide
Total infections in Australia continued to surge, with over half a million cases reported over the last week, straining the country's healthcare infrastructure and supply chains
 "Australian shares end lower over Omicron surge worries, tech slide")
UPL gains 7% in four days on hopes of margin expansion
Brokerages CLSA and Emkay Global Financial Services have recommended 'buy' rating on UPL with target prices of Rs 1,100 and Rs 910, respectively.
 "UPL gains 7% in four days on hopes of margin expansion")
Sensex sheds 621pts amid Omicron woes, weak global cues; Nifty below 17,750
Market participants are already concerned about the rapid global spread of the highly infectious Omicron Covid variant
 "Sensex sheds 621pts amid Omicron woes, weak global cues; Nifty below 17,750")
Sensex rallies 367 pts, ends above 60K; Nifty holds 17,900; financials gain
Large part of today's rally was propelled by financial and banking counters, with 7 of the top 10 index contributors belonging to the space.
 "Sensex rallies 367 pts, ends above 60K; Nifty holds 17,900; financials gain")
Stock market optimism falters; higher US yields hit tech stocks
After the tech-heavy Nasdaq fell 1.3% in Wall Street on Tuesday, Asian shares fell overnight
New year cheer for indices! Sensex above 59K, up 929 pts; Nifty atop 17,600
The gains came even as India's manufacturing activity lost some momentum in December, with the Manufacturing PMI easing to a three-month low of 55.5
Surya Roshni slips 18% on heavy volumes; APL Apollo down 7% as Q3 sales dip
APL Apollo said Q3FY22 sales volume of 402,729 tons declined QoQ due to channel de-stocking in anticipation of steel price correction and extended monsoons, which impacted the construction activity.
 "Surya Roshni slips 18% on heavy volumes; APL Apollo down 7% as Q3 sales dip")
Textile shares rally on improved outlook; Sangam, Vardhman hit new highs
According to rating agency CRISIL, the domestic textile industry is firmly on course to recover in fiscal 2022 on the back of reopening of businesses, educational institutions and retail outlets.
 "Textile shares rally on improved outlook; Sangam, Vardhman hit new highs")
Markets sign off record-breaking year on a high note; Sensex rises 459 pts
But returns from equities may moderate, warn experts
 "Markets sign off record-breaking year on a high note; Sensex rises 459 pts")
Big guns pulled off big gains: An action-packed year for Indian equities
The primary market was abuzz with activity as well, with a record amount garnered through initial public offerings, including those from several new-age firms
 "Big guns pulled off big gains: An action-packed year for Indian equities")
Equities trump other asset classes in year gone by, shows data
There has been a surge in demand for residential property in the aftermath of the pandemic, but prices haven't budged much due to excess inventory
Sensex gains 460pts to end record-breaking year with a bang; up 22% in 2021
The Nifty gained 150 points, and was up 24.1 per cent for the year; Textile shares logged smart gains today after the GST Council deferred rate hike; Debutant CMS Info Systems witnessed a late rally
 "Sensex gains 460pts to end record-breaking year with a bang; up 22% in 2021")
Fairy dust year for fund-raising: Rs 1.8 trillion raised via equities
Initial public offerings to get the biggest slice of fund-raising pie in 2022
 "Fairy dust year for fund-raising: Rs 1.8 trillion raised via equities")
