BUSINESS
On the Q2 trail: 7 BSE 500 companies more than double their sales
BSE 500 index represents over 90 percent of the total market capitalisation on BSE and covers all major industries. These stocks are usually traded daily and have ample liquidity. This slideshow is part of seres that will analyse Q2 performance of these companies.
BUSINESS
UBS tags India as ‘least attractive’ market, warns of poll risks, crude surge
Morgan Stanley and Barclays bet on domestic cyclical including financials, consumer and industrial stocks.
BUSINESS
Two risks to equities in 2024 but stay invested and keep some powder dry, says Barclays
Indian equities have outperformed world markets for another year in 2023, continuing its winning run post Covid 19-led crash. The cautiousness expressed by the investment bank mirrors scepticism over continued outperformance.
BUSINESS
Taking Stock: Sensex drops 326 points, Nifty below 19,450; PSU banks buck the trend
The broader market continued to outperform the benchmarks. Buying was seen in PSU banking names and metals, while others reeled under supply pressure
BUSINESS
Muhurat Trading: Sensex jumps 355 points, investors grow richer by Rs 2.22 lakh crore
All sectoral indices closed in the green. Nifty Media and Nifty IT were the biggest gainers
BUSINESS
Even as Tata Motors keeps outperforming, Samir Arora says he does not like the stock
Not everyone agrees with Arora, though. Vikas Khemani of Carnelian Asset Advisors believes the company has done remarkably well in the last five years
BUSINESS
Taking Stock: Sensex, Nifty eke out gains on late buying, metal, financials shine
Economists are expecting retail inflation to come down, which is making investors comfortable. Moreover, continuous mutual fund flows and festivities around Diwali also led to some buying in the market.
BUSINESS
MC investment tracker: Top smallcap stocks that LIC bought in Q2
Life Insurance Corp’s equity investments are worth well above Rs 10 lakh crore and are keenly tracked. The insurance giant’s investments range from marquee names, PSU stocks to smallcaps. Here’s a look at LIC’s smallcap shopping in Q2. We have used AMFI categorisation as the criterion to determine smallcap stocks. As of June, those below the market cap of Rs 17,400 crore are classified as smallcap stocks
BUSINESS
Taking Stock: Sensex snaps 6-day losing streak, jumps 635 points
Despite some recovery, the volatile situation in the Middle East is keeping investors on their toes. Moreover, concerns over the bond yields are yet to abate, though some of those have been priced in
BUSINESS
As Nifty falls in the sinkhole, the trap is getting wider for Put writers
A section of the market, especially those who were sitting on cash, is happy with the heavy selling, as they are getting an opportunity to deploy money. However, another section, namely, put option writers, is scrambling hard to contain the heavy toll that the routing has delivered to them.
BUSINESS
Rise in volatility index makes traders jittery. A sharp directional move in Nifty may be coming
The index closed at 11.31 on October 25, before shooting as high as 12.17 from the low of 8.82 in the previous session – traversing a range of 38 percent.
BUSINESS
Taking Stock: Sensex slumps 523 points extending losses to the 5th session
News flow from the warfront in Israel shows that conflict is escalating with every day passes. Now bombarding at the Syria front has also started apart from the Lebanon front.
BUSINESS
Markets in a tailspin, leave investors poorer by Rs 15 lakh crore: Factors behind the slump
In the last five sessions, investor wealth has contracted by Rs 15 lakh crore as market cap of all BSE listed companies, which reflects the shareholders’ wealth, has fallen to Rs 308.73 lakh crore from Rs 323.82 lakh crore.
BUSINESS
Taking Stock: Fag-end selling leads to bloodbath, investors lose Rs 7.66 lakh crore
All east Asian indices closed in the red while the European market also opened lower. Surging US bond yield is one of the key reasons that is hurting markets across the world.
BUSINESS
MC PMS Flow Tracker: Here are the funds that saw biggest inflows in September
Money seems to follow performance, at least as far as inflow into PMS funds in September is concerned. ICICI Prudential has got the lion's share of the inflows during the month, followed by some of the other top performers.
BUSINESS
Taking stock: Sensex dips for the third day, Nifty slips below 19,550
The indices also suffered from surging US bond yield which will led to outflow from emerging markets like India
BUSINESS
MC PMS Flow Tracker: Here are the funds that saw biggest outflows in September
Big PMS funds tend to see higher outflow compared to smaller peers and September was no different. Relatively better performance of smaller PMS funds and profit-booking or migration of funds after a sharp rally in small and midcap segment abetted the ouflow
BUSINESS
Infosys Q2 results beat street but weak guidance sends ADRs crashing 7% in New York trading
Infosys narrowed its revenue growth guidance for the full year at the upper end and has now guided for revenue growth of 1-2.5 percent for the full year
BUSINESS
Its stock on a tear, smallcap firm asks BSE to investigate
The stock has zoomed nearly 45 percent in the last week, with volume 33 times the 30-day average
BUSINESS
TCS Q2 performance impresses but investors may stay on sidelines, say analysts
TCS reported a 9 percent year-on-year (YoY) growth in consolidated net profit for the quarter ended September 2023 to Rs 11,342 cr. Consolidated revenue grew nearly 8 percent YoY to Rs 59,692 crore
BUSINESS
TCS buyback 2023 soon: IT giant purchased Rs 66k cr worth of shares in last 4 buybacks
Buybacks by TCS are usually followed by similar announcements by other major IT firms, especially Infosys and Wipro. A buyback is one of the most tax efficient ways to reward shareholders, as profits on tendering shares during a buyback are tax-free.
BUSINESS
Mid-Day Mood | Market rebounds from first shock of war in Middle East
Geopolitical issues tend to give rise to risk aversion globally, analysts noted. Consequently, as part of the knee jerk reaction, we have seen a hardening of bond yields in the US, spike in crude oil prices and surge in Dollar Index – all of which are bad news for India.
BUSINESS
Downgrades pile up as UPL grapples with sticky problems; stock plummets
Most analysts believe the next couple of quarters will be tough for the agrochemicals leader; focus on Q2 earnings.
BUSINESS
Updater Services to be seventh IPO to get listed under T+3 regime; analysts expect subdued listing
Updater Services IPO Date: Before this, Vaibhav Jewellers, Ratnaveer Precision Engineering, Zaggle Prepaid Ocean Services, Samhi Hotels, Sai Silks Kalamandir, and Signature Global have listed within the new timeline of T+3 (issue closing date + three working days).
