BUSINESS
Market outlook in the wake of recent correction: Fund managers’ take
Experts said the correction is far from over and there may still be more volatile sessions that can rock the markets, depending on how the geo-political situation unfolds.
BUSINESS
Real estate sector sees reversal in downtrend. Brokerages prefer these 9 stocks
Conflation of several factors such as improving sales, market share gains and rising real estate prices augurs well for listed real estate developers.
BUSINESS
Apollo Hospitals replaces IOC in Nifty50 as NSE revises eligibility norms, swaps stocks in key indices
Apollo Hospitals Enterprise Ltd will replace Indian Oil Corporation Ltd in Nifty50.
BUSINESS
SEBI defers F&O margin rule implementation to May 2, 2022
Postponement has been done citing requests from various stakeholders.
BUSINESS
Sensex sees 10th biggest market crash in history as Russia invades Ukraine
Experts don’t expect major sanctions on Russia as they may equally harm Europe and US
BUSINESS
HDFC – Better risk-reward ratio makes biggest mortgage lender attractive ‘buy’
Goldman Sachs said HDFC’s improving asset quality, strengthening balance sheet, healthy lending spreads and expanding market share in the retail business position it for improved visibility on earnings growth.
BUSINESS
What the new T+1 settlement process entails for investors and markets?
The T+1 settlement would benefit the retail investors at large and immense liquidity in the market is expected as the T+1 settlement cycle would kick in.
BUSINESS
Taking Stock | Market ends lower as Russia-Ukraine tensions weigh on sentiment
On the NSE, all sectors barring IT and auto ended on a positive note. Broader indices performed better than the benchmarks. The BSE midcap and BSE smallcap gained 0.6 and 0.9 percent each
BUSINESS
Global brokerage sees risks to the upside for Nifty, pegs the target at 17,500 for December 2022
Our 10 mean reversion scenarios put Nifty December 2022 target at an average of 17,500 with the range being 16,500 to 18,500: Jefferies
BUSINESS
Russia–Ukraine crisis sucks up Rs 9.1 lakh crore of investor wealth since February 16
The biggest macro headwind for India is crude racing to $97. The inflationary consequence of this will force the RBI to abandon its dovish monetary stance
BUSINESS
Sunil Singhania raises stake in 12 stocks, reduces holding in 9 companies
The ace investor publicly holds 24 stocks with a net worth of over Rs 2,124 crore
BUSINESS
Four themes that could crank out robust returns in the next 12 months
SBI Securities is bullish on multiplex; travel; fashion, QSR and fine dine; and commercial rental businesses.
BUSINESS
Infra-focused budget to spell multiplier effect for economy: Highlights from FM's media interaction
"A sustained recovery is what we would want. The budget has growth revival along with messages for sustainability as a priority," she said.
BUSINESS
Online brokerage firm Upstox’s leadership team gets three new senior executives
The company has appointed Harish Narayanan as Chief Growth Officer, Jayant Chauhan as Senior Vice President - Finance and Saurabh Agarwal as Vice President - New Initiatives.
BUSINESS
Nestlé Q4 Results | Profit falls 20 percent to Rs 386.6 crore, revenue increases to Rs 3,739 crore
The performance was driven largely by increase in revenues in the domestic markets due to rise in out-of-home consumption, while exports declined on a year-on-year basis.
BUSINESS
Nestle India Q3 preview | Profit may grow 10-30%; revenues likely to go up 10%
Key monitorables from the management’s commentary would be outlook on in-home consumption, raw material prices, pricing action and new products pipeline
BUSINESS
These 21 stocks from top 5 PMSes outperformed Nifty in January, worth a look?
Some 34 percent (94 of 274) portfolio management services schemes from the broader markets outperformed the Nifty 50 in January, while 4 percent generated more than 5 percent returns
BUSINESS
Crude oil won’t fall below $70 a barrel soon: Rajesh Kumar Srivastava, Director-Exploration, ONGC
Production from the KG Basin will reach its peak in FY24 with 45,000 barrels a day of oil and 10 mmscmd of gas
BUSINESS
Russian troop ‘pullback', 4 other factors that fuelled market recovery
The reported return of some Russian troops to their deployment bases after training exercises near the Ukrainian border was the trigger that investors needed.
BUSINESS
Eicher Motors Q3 Results | Profit declines 14% on raw material cost, chip shortage and tepid demand
We are working towards creating an alternative vendor ecosystem to mitigate the impact of the shortage on the supply front, still our performance continues to remain resilient despite challenges, said Siddhartha Lal, Managing Director.
BUSINESS
Grasim Q3 Results | Profit rises 26% on year to Rs 1,746 crore, revenue gains to Rs 24,402 crore
VSF and chemicals business witnessed higher realizations and volumes and strong performance in the financial services business aided the growth in performance compared to last year.
BUSINESS
Manic Monday for Indian markets, here are 4 factors for the steep decline
The 30-pack BSE Sensex ended the day with a loss of 1,747 points, or down 3.0 percent, from the February 11 close of 56,720.3 and Nifty tanked 531.95 points or 3.06 percent to close at 16,842.8. India VIX jumped 23 percent from 18.68 to 22.98 levels.
BUSINESS
Grasim Q3 Results Preview: Net profit may rise 70% from last year; revenues 45%
VSF and chemicals business witnessed higher realizations and volumes which aided the growth in performance compared to last year. Sequentially, the revenues are increasing but the profits are seen lower due to higher other income in the previous quarter.
BUSINESS
Eicher Motors Q3 Results Preview: Revenue likely to increase 3-7%, PAT may decline 3-8%
Availability of semiconductors for ABS (anti-lock braking system) aids recovery in volumes towards end of the reported quarter, Volvo-Eicher Commercial Vehicles (VECV) volumes improve QoQ, but higher discounts and cost inflation to keep margins in check, experts said.
