Asian Paints numbers are quite disappointing in terms of the kind of volume growth they reported as well as the overall growth so it was a significant miss.

Delta Corp is engaged in the operation of the casino. Its segments include real estate, gaming, hospitality and others. The company operates its gaming and hospitality businesses under the DELTIN brand. It owns three casinos in Goa, including Deltin Royale, Deltin JAQK and Deltin Caravela.

​So it is our base case that this sector will continue to do well and it is amply reflected in our model portfolio where PSU banks have been the single largest overweight for us for more than a year running now.

Delta Corp is one of the five stocks that have been put on ban under the F&O segment today as they have crossed 95 percent of the market-wide position limit as per NSE regulations.

Business & Political News Updates: Delta Corp's revenue for the December quarter increased 10.6% to Rs 273.4 crore on year-on-year basis

Meanwhile, about 64 stocks are trading below their 5-year average P/E following the sharp correction in prices. Oil & Natural Gas Corp, Tata Motors, Hindustan Petroleum Corp, Tata Steel, Oil India, BEML, Info Edge (India) Biocon, Divis Laboratories, Laurus Labs, Aurobindo Pharma, Delta Corp, among others are the stocks in this category.

Nifty futures on the Singapore Exchange traded 72 points, or 0.39 per cent, lower at 18,498, signaling that Dalal Street was headed for a positive start on Wednesday.

Nifty futures on the Singapore Exchange traded 31 points, or 0.17 per cent, lower at 18,456, signaling that Dalal Street was headed for a negative start on Tuesday.

US stocks fell for the third consecutive session on Friday as investors continued to worry over the impact of tightening monetary policy on economic growth.

Foreign portfolio investors (FPIs) on Thursday net sold shares worth Rs 711 crore, provisional data showed. DIIs net bought shares to the tune of Rs 261 crore.

Nifty is hovering near the crucial resistance of 18,650 level and is not showing any strength to surpass the hurdle decisively. A sustainable up move from here could confirm an upside breakout of the resistance, while any failure is likely to result in a minor downward correction ahead.

U.S. stocks rose on Tuesday after a unexpectedly small consumer price increase buoyed optimism that the Federal Reserve could soon dial back its inflation-taming interest rate hikes, but concerns remained the central back could stay aggressive.

U.S. stock indexes rallied to kick off the trading week on Monday, lifted in part by gains in Microsoft and Pfizer, as investors girded for inflation data on Tuesday and a policy announcement from the Federal Reserve later in the week.

Nifty futures on the Singapore Exchange traded 43.5 points, or 0.23 per cent, lower at 18,547.50, signaling that Dalal Street was headed for a negative start on Monday.

Nifty futures on the Singapore Exchange traded 61 points, or 0.32 per cent, lower at 18,749, signaling that Dalal Street was headed for a negative start on Tuesday.

Delta Corp -- only listed gaming and hospitality company in India -- is currently looking to raise Rs 550 crore via the Deltatech gaming IPO

Nifty futures on the Singapore Exchange traded 44.5 points, or 0.24 per cent, higher at 18,869, signaling that Dalal Street was headed for a positive start on Monday.

Stocks edged lower in Asia after US equities struggled for direction, with traders awaiting a jobs report later Friday for clues on the Federal Reserves next policy steps.

Stocks in Asia extended gains following a sharp rally on Wall Street after Federal Reserve Chair Jerome Powell signaled a slowdown in the pace of rate hikes. Japanese equities rose, Australians shares headed for a seven-month high and US and Hong Kong futures climbed.

Nifty futures on Singapore Exchange traded 2 points or 0.01% higher at 18,760.50 around 6.55 am, signalling a flat start for Dalal Street on Wednesday.

“In the reopening trade, unfortunately we do not have many listed options. Hotel is one sub segment which we do like in this travel and reopening bit. I think we like Indian Hotels. It is a much more asset light model. Obviously the prices have gone up post Covid, but they have a clear strategy of one-third EBITDA coming from the contractual versus the leased rooms and some other asset light models. ”

Nifty futures on the Singapore Exchange traded 75 points or 0.44 points lower at 7.15 am, signalling a negative start for Dalal Street.

Wall Street's benchmark S&P 500 index ended higher on Friday in a choppy trading session, as gains in defensive shares overshadowed energy declines, and investors shrugged off hawkish comments from Federal Reserve officials about interest rate hikes.

Wall Street's main indexes ended lower on Wednesday as a grim outlook from Target spurred fresh concerns about retailers heading into the crucial holiday season, while semiconductor shares slid after Micron's supply cut.

Domestically, Nifty opened flat and traded between gains and losses to finally closed flat – up just 6 points at 18,410 levels. Profit booking was seen in Adani group stocks after it rallied ~20-30% in the last few sessions.”

Wall Street's main indexes gained on Tuesday, shaking off an unconfirmed report of Russian missiles crossing into Poland that sparked volatility, as investors seized on softer-than-expected inflation data that raised hopes of a pullback in rate hikes by the U.S. Federal Reserve.

The S&P BSE Sensex fell more than 400 points while the Nifty50 managed to hold on to 18000 levels on Thursday.

The S&P BSE Sensex fell more than 150 points while the Nifty50 closed below 18,200 levels on Wednesday.

After showing a range bound movement in the last few sessions, Nifty made an attempt of an upside breakout of the range in the later part of Friday's session and closed the day higher by 64 points. After opening with a flat note, the market shifted in a narrow intraday range for the better part of the session, before showing renewed buying enthusiasm towards the end.

The stock prices going up or down after individual investors enter the stock does not appear to be a trend, but several mid-and small-caps stocks have gone up in this frenzy post-Covid where valuations are being ignored and were corrected sharply in the last few months.

The latest shareholding filings suggest that the investor holds 50 stocks with an estimated net worth of Rs 2,251 crore, Trendlyne data showed.

U.S. stocks closed lower on Thursday as data on the labor market and comments from a U.S. Federal Reserve official reinforced expectations the central bank will be aggressive in hiking interest rates outweighed a flurry of solid corporate earnings.

Shares opened lower in Japan, South Korea and Australia while futures for Hong Kong fell. An index of US-listed Chinese companies slumped more than 7% to the lowest in nine years amid concerns over Chinas economic outlook and a rise of Covid cases in the middle of the twice-a-decade party congress.

Asian stocks had a mixed open on Wednesday as traders assessed a solid start to the corporate-earnings season that helped extend a rally in US markets.

“The next year, like the previous year, is tougher to predict because of how well we have done. I would think that we will have a phase of extended volatility for a few more months. We will see the markets form some sort of bottom globally in the next four to six months and from there, we could have a better run.”

Stocks in Asia are set to follow Wall Street higher after the S&P 500 closed above a key technical level and the reversal of the UKs vast fiscal stimulus bolstered global sentiment.

Asian share markets slipped on Monday following another drubbing for Wall Street as investors brace for further drastic tightening in global financial conditions, with all the risks of recession that brings. MSCI's index of Asia-Pacific shares outside Japan was trading 1.2 per cent lower.

Asian shares tracked Wall Street higher on Friday, although gains could quickly unwind as investors grapple with the reality that surging U.S. inflation will likely lead to higher interest rates for longer, hastening a global recession. MSCI's index of Asia-Pacific shares outside Japan was trading 2.45 per cent higher.

Asian stocks opened mostly lower Thursday after shares on Wall Street eased overnight ahead of the release of US inflation data. MSCI's index of Asia-Pacific shares outside Japan was trading 0.42 per cent lower.