Page 5 - Market Valuation
How will the government carry forward its reform plan in 2022?
The govt to take a U-turn on farm laws. It also didn't table any key economic bill in the Parliament. Let us look at how the govt is likely to take forward its reforms and economic agenda this year
 "How will the government carry forward its reform plan in 2022?")
US Fed's taper talk likely to keep the bulls in check on Dalal Street
This is expected to suppress valuations in India; decline in P/E may nullify gains from rise in corporate earnings
 "US Fed's taper talk likely to keep the bulls in check on Dalal Street")
There is room for more correction in Indian equities: Kotak AMC CEO
The impending US Fed taper programme and strengthening of the dollar leading to possible liquidity pull out from EMs, says CEO
 "There is room for more correction in Indian equities: Kotak AMC CEO")
Apple, the most valuable firm in the world, closes in on $3 trn market cap
The company's march from $2 trillion to near $3 trillion in market value took 16 months. By comparison, the iPhone maker's move from $1 trillion to $2 trillion took two years.
 "Apple, the most valuable firm in the world, closes in on $3 trn market cap")
M-cap of seven most valued firms rises by Rs 2.28 trn, RIL gains most
Others among the gainers were HDFC Bank, Infosys, HDFC, ICICI Bank, Bajaj Finance and State Bank of India.
 "M-cap of seven most valued firms rises by Rs 2.28 trn, RIL gains most")
After pumping in $9 bn, FPIs in retreat mode on valuation concerns
Since October, overseas investors have yanked out close to $2.6 bn
 "After pumping in $9 bn, FPIs in retreat mode on valuation concerns")
At Rs 7,200 crore, Chennai Super Kings m-cap pips parent India Cements'
Inches close to becoming India's first sports unicorn
 "At Rs 7,200 crore, Chennai Super Kings m-cap pips parent India Cements'")
Mcap of 5 of 10 most valued firms down by Rs 1.42 trn; HUL and RIL most hit
The combined market valuation of five of the top-10 most valued companies eroded by Rs 1,42,880.11 crore
 "Mcap of 5 of 10 most valued firms down by Rs 1.42 trn; HUL and RIL most hit")
BSE-listed cos' valuation at $3.54 tn; perhaps 5th highest globally: CEO
BSE on Thursday saw the market valuation of all its listed companies soaring to $3.54 trillion, with its CEO Ashish Chauhan saying it could perhaps be the fifth highest in the world
 "BSE-listed cos' valuation at $3.54 tn; perhaps 5th highest globally: CEO")
Five of top-10 valued firms add Rs 62,508 crore to market valuation
Five of the 10 most valued firms added Rs 62,508.32 crore to their total market valuation last week, with Reliance Industries emerging as the biggest gainer
 "Five of top-10 valued firms add Rs 62,508 crore to market valuation")
M-cap of Tata Consultancy Services goes past Rs 14 trillion mark
The market valuation of Tata Consultancy Services has breached the Rs 14 lakh crore mark, becoming the second company after Reliance Industries Limited to achieve this milestone.
 "M-cap of Tata Consultancy Services goes past Rs 14 trillion mark")
Changes in interest rates, liquidity to drive mkt: Nippon India MF's Bhan
Sailesh Raj Bhan says earnings in Q1 have been better than market expectations in sectors that have been supported by the recovery of global growth like IT services and metals
 "Changes in interest rates, liquidity to drive mkt: Nippon India MF's Bhan")
Infosys becomes 4th Indian company to touch $100 bn market capitalisation
On the National Stock Exchange (NSE), the shares had opened at Rs 1,750 apiece and then jumped to its 52-week high value of Rs 1,757
 "Infosys becomes 4th Indian company to touch $100 bn market capitalisation")
Markets could consolidate at current levels: Harshad Patil, Tata AIA Life
The consensus earnings for the current fiscal (FY22) are projected to grow by an outsized 35-40 per cent on the back of a relatively weak earnings profile in the previous year, he said
 "Markets could consolidate at current levels: Harshad Patil, Tata AIA Life")
M-cap of 6 leading firms drops Rs 76,640 cr; HDFC Bank's setback worst
The market valuation of HDFC Bank tumbled Rs 43,578.18 crore to reach Rs 7,97,422.67 crore.
 "M-cap of 6 leading firms drops Rs 76,640 cr; HDFC Bank's setback worst")
Asian Paints profit up 161% at Rs 574 crore, m-cap hits Rs 3 trillion
Firm becomes India's 12th most valuable company after June qtr results beat expectations
 "Asian Paints profit up 161% at Rs 574 crore, m-cap hits Rs 3 trillion")
Market return will track earnings performance: Rahul Singh, Tata MF
Headline valuations are at 10-15 per cent premium to 10-year historical range, but are supported by the lower bond yields in comparison to what we have witnessed in the last decade, Singh said
 "Market return will track earnings performance: Rahul Singh, Tata MF")
Market valuation too demanding; divestment target may not be met: Nomura
Valuation of Indian stock market at 22.5 times fiscal 2021-22 (FY22) earnings is too demanding, said analysts at Nomura
 "Market valuation too demanding; divestment target may not be met: Nomura")
Indian stock market valuation a concern, FDI flows likely to continue: HSBC
FDI in India is likely to pick up going ahead on the back of a strong rebound in growth, said Frederic Neumann, co-head of Asian economics research at HSBC
 "Indian stock market valuation a concern, FDI flows likely to continue: HSBC")
Valuation concern clouds TCS' Q4 performance; stock falls over 4%
The IT services major on Monday posted Q4 numbers largely in line with or above analysts' estimates
 "Valuation concern clouds TCS' Q4 performance; stock falls over 4%")
