Buying the bear? Equity demand endured market pain

One of the most startling statistics from the torrid first half of 2022 is that investors bought a net $195 billion of stocks even as major U.S. and global equity indices lost almost a fifth of their value in the face of rising inflation, interest rates and recession fears.

Current FPI outflow highest since GFC, but impact on benchmarks remains low, says ICICI Securities

<ul><li>ICICI Securities pointed out that the trailing 12-month (TTM) FPI selling eclipses outflows seen during the global financial crisis.</li></ul>

More Pain for Rupee Likely on India’s Trade Gap, Capital Outflow; 4 key points

India’s ballooning trade gap and capital outflows are raising new risks for the rupee, just as the currency’s plunge to a record low adds to inflation woes.

Rupee weakens beyond 79 per dollar to hit record low; Seen falling more

The dollar was little changed against major peers but was on track for its best week in four as investors weighed the boost from tighter Federal Reserve policy and the risks of recession.

F&O rollover hints at a weak July for stock markets, report says

stock markets

The Nifty has fallen 2.4% in the June series, logging a third consecutive loss, amid persistent selling by foreign investors. FPIs sold Indian shares worth 1,138 crore on Thursday.

The Nifty has fallen 2.4% in the June series, logging a third consecutive loss, amid persistent selling by foreign investors.&nbsp;FPIs sold Indian shares worth 1,138 crore on Thursday.

Bitcoin at $19,000; loses 56 percent this year

Bitcoin prices tumbled again on Thursday, with the digital token sliding below $19,000.

Before Market Opens: 9 things to know at 9 am on July 1, 2022

Indian markets are likely to open in the red on Friday even as Asian peers gained after Wall Street ended lower in the overnight session. At 8:20 am, the SGX Nifty was trading 24 points or 0.16 percent lower at 15,698 indicating a negative opening for the Indian markets. Let's take a look at some key market cues before the market opens today:

Global Markets: Stocks make tentative start to second half under growth clouds

MSCI's broadest index of Asia-Pacific shares outside Japan was flat, with trade thinned by a holiday in Hong Kong.

Healthvista India files draft papers for IPO

The IPO (Initial Public Offering) comprises fresh issue of equity shares aggregating up to Rs&nbsp;200 crore and an Offer For sale (OFS) of up to 56,252,644 shares by selling shareholders, according to the Draft Red Herring Prospectus (DRHP).

From REC to Indian Oil: 8 companies that offer over 8% dividend yield

HDFC Securities has compiled a list of top dividend-paying stocks. Let's take a look:

HAL surged 45% so far in 2022; brokerage sees more upside

HAL reported a 91.4 per cent surge in net profit at ₹3,101.96 crore for the quarter ended March 31, 2022, as against a net profit of ₹1621.29 crore in the year-ago period.

Realign the portfolio more towards the domestic-facing economy, says Manish Jeloka of Sanctum Wealth

<ul><li>Nifty and Sensex haven’t gone into bear market territory because the fall from the peak to through is still less than 20 percent, says Jeloka.</li></ul>

Market Wrap: Market ends lacklustre; mid, smallcaps underperform

<ul><li>Sensex closed 8 points, or 0.02 percent, lower at 53,018.94 while Nifty ended 19 points, or 0.12 percent, lower at 15,780.25. Mid and smallcaps underperformed as the BSE Midcap and Smallcap indices closed 0.74 percent and 0.54 percent lower, respectively.</li></ul>

GST's half-a-decade journey: tech usage to plug revenue leaks, ₹1.3 lakh crore monthly tax 'new normal'

A nationwide Goods and Services Tax (GST), which subsumed 17 local levies like excise duty, service tax and VAT and 13 cesses, was rolled out at the stroke of midnight on July 1, 2017.

Rupee at its all-time low; FM Sitharaman says relatively better placed than other global currencies against dollar

The rupee breached the psychologically significant level of 79 per dollar level for the first time ever on Wednesday and has also hit a series of lifetime lows this month.

Oil Set for First Monthly Decline This Year Before OPEC+ Meeting

Oil is heading for the first monthly decline since November as OPEC+ ministers prepare to gather to discuss the group’s supply policy.

As rupee inches towards 80 against dollar; there may be more pain ahead, warn experts

The Indian rupee has lost more than 6 percent since January 2022, and many experts fear the currency might hit the 80-mark against the US dollar over the coming months.

Huge upside! MOSL sees this midcap stock rising 45% upside after a 15% decline in 2022

The brokerage has a 'buy' call on the midcap stock with a target price of ₹1,270, indicating an upside of around 45 percent from its current market price of ₹878 (as of June 29, 2022). MOSL expects strong earnings growth in the stock in the coming years.

June Auto Sales Preview: Momentum to be positive; CVs, tractors to trend higher 

In June, CV (commercial vehicle), and Tractor segments are also likely to trend higher in a seasonally strong month, said analysts. Further, 2-wheelers volumes would also be better.

India's top cement maker paying for Russian coal in Chinese yuan: Report

India has explored setting up a rupee payment mechanism for trade with Russia, but that has not materialised. Chinese businesses have used the yuan in trade settlements with Russia for years.

Axis Securities sees a 20% upside in this Maharatna stock

Coal India reported a consolidated net profit of ₹6,692.94 crore in the March quarter, up 45.91 per cent year on year (YoY) from ₹4,586.78 crore in the same quarter last year.