News for Network18 Media & Investments Limited (NETWORK18.BO)

In the Nifty pack, 26 stocks closed in the green, while 24 stocks ended in the red.

Network 18 Media & Investments reported a consolidated net profit of Rs 121.51 crore for the quarter ended June 30, 2021 against a loss of Rs 60.60 crore a year ago

In the last one year, Network18 Media shares have shot up 87 percent and those of TV18 Broadcast jumped 58 percent.

Improving macro numbers and a strong showing from autos in February lifted sentiment, while rising bond yeilds and weak global cues kept bulls in check.

The price action suggests that Nifty is likely to surpass its life-time high of 15,431, for a possible extension towards 15,578, said Abhishek Chinchalkar of FYERS.

Except auto, other sectoral indices ended in the green with Nifty metal and PSU Bank indices added 3 percent, while Nifty Bank index rose 2.7 percent.

Ion Exchange (India), Ircon International, Kranti Industries, Bank of Baroda, Jaiprakash Power Ventures, Engineers India, Motherson Sumi Systems are also among the stocks in focus today.

This is the time to hunt for favourite fundamental stocks which are missing in your long-term portfolio. Experts say this is the time to take advantage of the price corrections

Experts are of the view that big opportunities will arise from the banking, infrastructure and industrial sectors. HDFC Bank, ICICI Bank and Infosys among top bets

The additional equity stake was acquired by RSBVL for a consideration of $26.76 million

Rising US bond yields and expectation of higher US inflation and geopolitical tensions between the US & Iran were some of the reason for the massive sell-off on Friday.

The event aims to bring together Indian toy industry stakeholders to create sustainable linkages and promote dialogue for the holistic development of the industry and present to the globe the richness and vastness of the India’s toy manufacturing capabilities

Nifty Metal index rose nearly 4 percent, while energy and infra indices added 1-2 percent each. However, some selling was seen in the pharma and banking names. BSE Midcap and Smallcap indices rose 0.7-1 percent each.

Foreign institutional investors (FIIs) bought equities worth Rs 5,871.25 crore, while domestic institutional investors (DIIs) sold equities worth Rs 5,642.08 crore.

Stocks to watch today on January 19: Mindtree, Indiabulls Real Estate, Maruti, YES Bank, RBL Bank, L&T Finance among others are the top stocks to watch out for in Tuesday's trading session

A move below 14,125 could confirm the reversal pattern and that is likely to trigger more weakness in the short term, Nagaraj Shetti of HDFC Securities said.