Investors can now access 100% of sale proceeds for same-day trading - 34 minutes ago
Starting Monday, investors will receive 100% of their sale proceeds on the same day, enabling immediate reinvestment. Previously, only 80% was accessible the same day with the rest available later. This change, aimed at enhancing liquidity, will benefit trading activities significantly.
Economic Times

Reliance Industries to declare Q2 results on October 14Reliance Chemotex Industries Share Price - 34 minutes ago
Reliance Industries Ltd (RIL) will hold a board meeting on October 14 to review the financial results for the quarter ending September 2024. The company previously reported a 5% decline in net profit for the first quarter of June 2024. A presentation to analysts and media will follow the meeting.
Economic Times

Market Trading Guide: IOC, AstraZeneca among 4 stock recommendations for Tuesday - about 2 hours ago
Domestic headline indices, BSE Sensex and Nifty50, gave up early gains to end lower for the sixth consecutive session on Monday, pressured by rising Middle East tensions and concerns over a weaker corporate earnings outlook. The 30-share BSE Sensex dropped 638 points, or 0.78%, to settle at 81,050, while the broader NSE Nifty declined 218 points, or 0.87%, to finish at 24,795.he next couple of weeks. Immediate support is at 26000," said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities."Nifty slipped further due to ongoing geopolitical concerns, with sentiment worsening as the index fell below the 55-EMA, indicating a bearish trend. A bearish crossover in the RSI is adding to the downward price momentum. In the short term, the trend may remain volatile, with a predominantly bearish outlook," Rupak De, Senior Technical Analyst at LKP Securities said. Overall, the market appears to be ‘sell on rise’ as long as it stays below 25,000 while on the downside, the support levels are positioned at 25,700-25,590/25,400, De said.Here are 4 stock recommendations for Tuesday:
Economic Times

US stocks open lower as changing rate expectations boost yieldsPfizer Share Price - about 2 hours ago
Wall Street's main indexes fell at the open on Monday, pressured by a rally in Treasury yields as investors dialed back bets on the scope of the Federal Reserve interest rate cuts this year.
Economic Times

Market Trading Guide: IOC, AstraZeneca among 4 stock recommendations for TuesdayIndian Oil Corporation Share Price - about 2 hours ago
Indian indices fell for the sixth consecutive session on Monday, pressured by Middle East tensions and concerns over corporate earnings. Nifty slipped below the 55-EMA, indicating a bearish trend. Analyst Rupak De sees a short-term volatile trend with a predominantly bearish outlook.
Economic Times

HDFC Bank divests 100% stake in HDFC Edu for Rs 192 croreHDFC Bank Share Price - about 3 hours ago
India's largest private sector lender HDFC Bank on Monday said that its board has approved 100% stake sale of subsidiary HDFC Education to Vama Sundari Investments in an all-cash deal amounting to Rs 192 crore. The sale price is Rs. 9.60 per share.
Economic Times

Only if you have the ability to be tactical, contrarian & nimble-footed. 7 IT stocks with an upside potential of up to 34% in 1 year - about 4 hours ago
The outperformance of metal stocks and the indices is well known. But it is worth noting the performance of a number of IT stocks. They have not suffered the kind of cuts other sectors and stocks have witnessed. This is interesting if you take into account the fact that the Q2 earning season will be kicked off by large-cap IT companies. Going by what their managements have been saying, don’t expect major positive surprises. So what explains this relatively strong outperformance? And does it present an opportunity for short-term tactical trades or investments?
Economic Times

US stocks open lower as changing rate expectations boost yields - about 4 hours ago
Wall Street's main indexes fell at the open on Monday, pressured by a rally in Treasury yields as investors dialed back bets on the scope of the Federal Reserve interest rate cuts this year.
Economic Times

These 5 stocks hit 52-week highs, rallied up to 25% in a montheClerx Services Share Price - about 4 hours ago
Sensex fell by 638 points on Monday, ending at 81,050. Despite this, five stocks in the BSE 500 index hit their 52-week highs. These highs indicate strong performance and potential for future growth.
Economic Times

FIIs sell Indian equities worth Rs 8,293 crore on Monday - about 4 hours ago
FIIs sold Indian equities worth Rs 8,293.41 crore on Monday, while DIIs were net buyers at Rs 13,245.12 crore. Indian indices fell for the sixth consecutive session, with Nifty Bank, Nifty Metal, Nifty Oil & Gas, and Nifty PSU Bank falling over 2%.
Economic Times

IT Stocks: Only if you have the ability to be tactical, contrarian & nimble-footed. 7 IT stocks with an upside potential of up to 34% in 1 year - about 4 hours ago
The outperformance of metal stocks and the indices is well known. But it is worth noting the performance of a number of IT stocks. They have not suffered the kind of cuts other sectors and stocks have witnessed. This is interesting if you take into account the fact that the Q2 earning season will be kicked off by large-cap IT companies. Going by what their managements have been saying, don’t expect major positive surprises. So what explains this relatively strong outperformance? And does it present an opportunity for short-term tactical trades or investments?
Economic Times

In Charts: New age tech stocks surge in CY24. Check their financials & institutional dataZomato Share Price - about 5 hours ago
New-age tech companies have seen significant growth in CY24. Two stocks have surged over 100%. Newly listed companies have also shown strong gains. These tech-driven startups focus on fast-growing sectors and leverage advanced technologies to offer distinctive products and services. They are recognized for their rapid expansion, high market valuations, and ability to disrupt traditional industries.
Economic Times

Ashish Kacholia buys fresh stake in this smallcap company, stock up 5%Jyoti Structures Share Price - about 5 hours ago
Ace investor Ashish Kacholia bought a 2.52% stake in Jyoti Structures. The stock closed 4.8% higher. Promoters and the promoter group do not hold any stake in the company. The entire 100% stake is held by public shareholders like FPIs, AIFs, and insurance companies.
Economic Times

New age tech stocks surge in CY24: Explore their financials & institutional dataZomato Share Price - about 5 hours ago
New-age tech companies have seen significant growth in CY24. Two stocks have surged over 100%. Newly listed companies have also shown strong gains. These tech-driven startups focus on fast-growing sectors and leverage advanced technologies to offer distinctive products and services. They are recognized for their rapid expansion, high market valuations, and ability to disrupt traditional industries.
Economic Times

Breakout Stocks: How to trade BASF India, Astrazeneca Pharma and Coforge on Tuesday? - about 5 hours ago
Indian market closed in the red for the sixth consecutive day in a row on Monday weighed down by weak global cues.The S&P BSE Sensex fell more than 500 points while the Nifty50 closed below 24,900 levels.
Economic Times

Tech view: Nifty breaks crucial support, may slide to 24,500 level. How to trade tomorrow - about 5 hours ago
Nifty formed a long bear candle, indicating a continuation of the downtrend. The positive chart pattern has been negated by Nifty moving below the 24,753 support level. The underlying trend remains negative, with support at 24,500-24,400.
Economic Times

NSE share price jumps up to 45% in 3-4 months on IPO buzz. Will the uptrend continue?One97 Communications Share Price - about 5 hours ago
NSE's IPO buzz has grown in the last 3-4 months, leading to a 35% rise in its share price in the unlisted market. Investors are waiting for the listing due to the stock's promise and higher premium compared to the current market price.
Economic Times

Bajaj Finance, Persistent Systems among 5 stocks with short covering - about 6 hours ago
Short covering happens when traders buy back shares they previously sold short, often due to a shift in market sentiment or new information. This usually results in a decrease in open interest and can drive the stock price higher. In Monday's trading session, five stocks saw short covering. Here's the list:
Economic Times

Shakti Pumps board announces 5:1 bonus share issueShakti Pumps (India) Share Price - about 6 hours ago
Shakti Pumps announced a 5:1 bonus share issue. The record date for determining eligibility is October 7, 2024. The bonus shares will be issued subject to shareholder approval through a postal ballot process.
Economic Times

Sensex crashes 4,800 points in 6 days; all eyes on Chinese dragon tomorrow - about 7 hours ago
Foreign institutional investors are rapidly withdrawing from Indian equities, contributing to a significant drop in Sensex due to China's aggressive fiscal measures attracting investments. Indian market concerns include high oil prices, IPO booms, and retail investor appetite, despite China's long-term structural issues.
Economic Times

Northern Arc launches 'Finserv Fund' to drive financial inclusion; aims to raise Rs 1500 cr - about 7 hours ago
Northern Arc launched a Category II AIF fund, Finserv Fund, aiming to raise Rs 1,500 crore. Finserv Fund will leverage Northern Arc's experience, innovative solutions, and robust risk management practices.
Economic Times

Market Wrap: Sensex, Nifty close lower for sixth session amid Middle East tensions - about 7 hours ago
Domestic benchmark indices, Sensex and Nifty50, reversed early gains to close lower for the sixth straight session on Monday, as escalating Middle East tensions and expectations of softer corporate earnings weighed on investor sentiment.
Economic Times

Adani Ports shares tumble 5% as Iran-Israel tensions escalate - about 7 hours ago
Shares of Adani Ports fell 5.3% in intraday trading, hitting a low of Rs 1,337.30 on the BSE, due to escalating conflicts in the Middle East. Adani Ports, which operates Israel's largest port in Haifa with a 70% stake, could face operational challenges if the situation worsens, despite its strategic presence in the Mediterranean.
Economic Times

Sensex crashes 5,100 points in 6 days; all eyes on Chinese dragon tomorrow - about 8 hours ago
Foreign institutional investors are rapidly withdrawing from Indian equities, contributing to a significant drop in Sensex due to China's aggressive fiscal measures attracting investments. Indian market concerns include high oil prices, IPO booms, and retail investor appetite, despite China's long-term structural issues.
Economic Times

BSE, Coforge among 6 small & midcap stocks that hit 52-week highs on Monday - about 8 hours ago
Indian benchmark equity indices, Sensex and Nifty, reversed their early gains to decline on Monday as concerns over the escalating conflict in the Middle East and expectations of moderate corporate earnings dampened investor sentiment. However, despite the market downturn, six small and midcap stocks from the Nifty 500 index reached new 52-week highs. Here's the list:
Economic Times

43 newly-listed companies in focus ahead of $18.8 billion lock-in expiryTolins Tyres Share Price - about 8 hours ago
43 companies have pre-listing shareholder lock-ins expiring by December 31, unlocking shares worth USD 18.8 billion. However, not all shares are expected to hit the market as a significant portion is held by Promoters and Group entities. Lock-in periods are imposed to stabilize stock prices and prevent sudden sell-offs.
Economic Times

Sensex crashes 5,100 points in 6 days as Chinese dragon wakes up tomorrow - about 8 hours ago
Foreign institutional investors are rapidly withdrawing from Indian equities, contributing to a significant drop in Sensex due to China's aggressive fiscal measures attracting investments. Indian market concerns include high oil prices, IPO booms, and retail investor appetite, despite China's long-term structural issues.
Economic Times

Most Gulf markets fall on geopolitical tensions - about 9 hours ago
Most Gulf stock markets fall amid rising geopolitical tensions, especially regarding the conflict between Hezbollah and Israel. Dubai and Abu Dhabi indexes decline, and Qatari index eases. Contrarily, Saudi Arabia's index rises notably, driven by gains in Al Taiseer Group and Almajed 4 Oud.
Economic Times

Heidelberg Cement India stock hits 52-week high amid Adani Group buyout talksUltraTech Cement Share Price - about 9 hours ago
HeidelbergCement shares jumped 18% to a new 52-week high of Rs 257.85 on the BSE following reports that the Adani Group is in talks to acquire its Indian cement operations. The buyout, led by Ambuja Cements, is estimated to be valued at around $1.2 billion (Rs 10,000 crore).
Economic Times

European stocks slip as real estate, utilities drag - about 10 hours ago
European stocks slipped on Monday as the initial euphoria over strong U.S. jobs data last week faded and rate-sensitive sectors such as real estate and utilities came under pressure from higher bond yields.
Economic Times

Macrotech Developers shares climb over 4% on record quarterly pre-sales of Rs 4,290 crore in Q2Macrotech Developers Share Price - about 10 hours ago
Macrotech Developers (Lodha) shares rose 4.3% after reporting record quarterly pre-sales of Rs 4,290 crore, contributing to a 21% increase in first-half sales.
Economic Times

Motilal cuts Nifty EPS estimates by 4%, picks 20 stocks ahead of Q2 resultsPower Grid Corporation of India Share Price - about 10 hours ago
Motilal Oswal has downgraded FY25 Nifty EPS estimates by 4% to Rs 1,072, citing reduced forecasts for metals and O&G. Despite this, sectors like BFSI, healthcare, and utilities are expected to drive earnings growth. Top picks include ICICI Bank, HDFC Bank, and Bharti Airtel.
Economic Times

Ola Electric shares fall over 9% amid spat between Bhavish Aggarwal and Kunal Kamra - about 11 hours ago
Shares of Ola Electric Mobility fell 9.4% amid a heated exchange between CEO Bhavish Aggarwal and comedian Kunal Kamra over service issues of Ola scooters. Kamra criticized the service quality, while Aggarwal accused Kamra of posting a paid tweet. The dispute highlights the EV industry's customer service challenges.
Economic Times

ICICI Securities resumes coverage on Vedanta, sees 18% upside - about 11 hours ago
ICICI Securities resumes coverage on Vedanta with a 'buy' rating and Rs 600 target, highlighting growth plans across divisions despite risks from commodity prices and operational delays.
Economic Times

CLSA bows down to China's resurgence story, says India has 3 witches - about 11 hours ago
China's aggressive measures to revive its markets and economy are attracting foreign investors, with global brokerage firm CLSA increasing its exposure to China while reducing its stake in Indian equities. CLSA announced a fiscal leap of faith in China, raising its allocation to 5% overweight and cutting India's overweight from 20% to 10%. The firm views China as presenting the greatest self-help opportunity in emerging markets, expecting policymakers to respond effectively.
Economic Times

Tata Chemicals, Exide Industries among 5 stocks with short buildup - about 12 hours ago
A short buildup occurs when there is a rise in open interest and trading volumes, coupled with a decrease in the price of the underlying stock in the Futures and Options segment. This indicates that more traders are expecting the prices to decline and are creating short positions. In Monday's trading session, five stocks saw fresh short positions being built. Here's the list:
Economic Times

ITC, ICICI Bank among 5 stocks with long buildup - about 12 hours ago
A long buildup occurs when open interest and trading volumes increase alongside a rise in the underlying stock price in the Futures and Options segment, signaling a bullish market trend. In Monday's trading session, five stocks saw fresh long positions. Here’s the list:
Economic Times

Naukri shares tumble 3% on reporting 12% YoY jump in Q2 standalone billingsSenco Gold Share Price - about 12 hours ago
Info Edge (India) shares fell 3.3% despite a 12% YoY billing increase to Rs 650.3 crore for Q2. The company reported strong profit growth amid significant share price gains.
Economic Times

Titan shares fall 3% after Q2 business update. Here's what brokerages said - about 12 hours ago
Investec maintains a hold rating on Titan with a target price of Rs 4,100, expecting strong revenue growth but muted PAT. The jewellery segment sees good growth, but a weak studded mix may dent margins. Watches and wearables grew 19% YoY, while eyewear lags behind. Emerging businesses posted double-digit growth, with fragrances up 19% and fashion accessories up 11%.
Economic Times

NBCC shares jump 6% as stock trades on ex-bonus basis todayNBCC (India) Share Price - about 12 hours ago
NBCC Share Price: Shares of NBCC (India) surged 6.25% on BSE as the stock trades ex-bonus for the 1:2 bonus issue. The company fixed October 7 as the record date, making shareholders listed by today eligible for bonus shares. In the last year, NBCC stock has gained 186%.
Economic Times

ITC shares rise over 2% as NCLT approves demerger of hotel businessITC Share Price - about 12 hours ago
Shares of ITC rose 2.2% to Rs 514.8 after the NCLT approved the demerger of its hotel business. The Kolkata bench of the NCLT approved the demerger, effective after fulfilling necessary conditions. ITC shareholders will own 60% of the new entity, with ITC retaining 40% ownership. ITC's market cap is now Rs 6,43,390 crore.
Economic Times

China stock skepticism gets louder amid world-beating run - about 12 hours ago
Invesco, JPMorgan Asset Management, HSBC Global Private Banking and Wealth, and Nomura Holdings are among those viewing the recent rebound with skepticism and waiting for China to back up its stimulus pledges with real money.
Economic Times

Bajaj Housing shares dip 5% after HSBC initiates coverage with ‘reduce’ rating, predicts 27% downsideSenco Gold Share Price - about 12 hours ago
Shares of Bajaj Housing Finance fell 5% in intraday trade due to HSBC’s ‘reduce’ rating and Rs 110 target price, citing earnings slowdown and valuation concerns. HSBC noted potential pressure on RoA and slower AUM growth for the stock. They suggest alternatives among other NBFC peers with higher ROE and stable growth outlook.
Economic Times

Bull market reality check: Investing mistakes & how to avoid themAvenue Supermarts Share Price - about 12 hours ago
Evaluating a company's health necessitates focusing on cash flows rather than just P&L figures. Misleading reported profits can obscure underlying cash flow issues, hence, examining working capital changes, receivables, and inventory turnover is crucial for accurate assessment and avoiding investment pitfalls.
Economic Times

Top Nifty50 stocks analysts suggest buying in this volatile week - about 12 hours ago
Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardized scores. The simple average of the above-mentioned five component ratings is normally distributed to reach an average score.
Economic Times

Saj Hotels stock debuts with 15% discount on NSE SME platformSaj Hotels Share Price - about 13 hours ago
Saj Hotels' shares listed on the NSE SME platform with a 15.4% discount, debuting at Rs 55 against an issue price of Rs 65. The company will use the proceeds from the public offer for property expansion, working capital, and general corporate purposes.
Economic Times

HVAX Technologies stock debuts with 6% premium on NSE SME platformHVAX Technologies Share Price - about 13 hours ago
HVAX Technologies' shares debuted with a 6% premium on the NSE SME platform, listing at Rs 486 against an issue price of Rs 458. Funds from the offer will support working capital and corporate needs.
Economic Times

Bajaj Housing Finance, Adani Energy among 6 stocks with up to 43% upside potential - about 13 hours ago
Several global and domestic brokerage firms have initiated coverage on various stocks, expressing bullish sentiment on companies such as Bajaj Housing Finance, Adani Energy, Varun Beverages, and Aadhar Housing Finance with a potential upside of up to 43%. Here’s a list of six stocks on which brokerages have initiated coverage:
Economic Times

Stock Radar: Havells India fails to hold momentum after hitting record high in September; should you buy, sell or hold?Havells India Share Price - about 13 hours ago
Havells India Ltd, reaching a record high of Rs 2,104 in September 2024, experiences a short-lived rally, trading between Rs 1,900 and Rs 2,000. Experts suggest bulls might regain control if the stock closes above Rs 2,000, recommending a buy between Rs 1,950-1,970 with a stop loss below Rs 1,860.
Economic Times

Vodafone Idea shares fall 7% after DoT issues notice over bank guarantee non-submission - about 13 hours ago
Vodafone Idea shares fell following the DoT issuing a notice to the company for failing to submit bank guarantees covering past spectrum auction dues. The situation arises as the DoT is currently in discussions with the finance ministry about potentially waiving the bank guarantee requirement. However, no final decision has been made yet.
Economic Times