HAL shares nosedive 28% from peak. Will it fall below Rs 4,000?Hindustan Aeronautics Share Price - 10 days ago
Hindustan Aeronautics (HAL) shares have dropped 28% from their July peak, currently finding support around Rs 4,000. Analysts see a potential bounce to Rs 4,300, but a close below Rs 4,100 could push the stock down to the Rs 3,700-3,850 range.
Economic Times

Vodafone Idea shares jump 2% as Q2 loss narrows to Rs 7,176 crore - 10 days ago
Vodafone Idea reported a smaller net loss of Rs 7,176 crore in Q2 FY25, helped by revenue growth and tariff hikes. Despite this, the telco's subscriber base shrunk due to the price increases. Vodafone Idea's future hinges on securing debt funding, as highlighted by analysts.
Economic Times

Apollo Tyres shares jump 3% after Q2 net profit falls 37% YoY. What should investors do?Apollo Tyres Share Price - 10 days ago
Apollo Tyres' shares rose 3% despite a 37% drop in Q2 profit to Rs 297 crore, attributed to weak demand in India and rising raw material costs. While European operations showed growth, the Indian market suffered from a slowdown in the commercial vehicle segment. Analysts maintain optimistic outlooks, citing potential for pricing improvements and robust European performance.
Economic Times

Nalco shares in focus after Q2 profit rises multi-fold to Rs 1,046 croreNational Aluminium Company Share Price - 10 days ago
Nalco share Price: National Aluminium Company (Nalco) witnessed a remarkable five-fold surge in its consolidated profit for the September quarter, reaching Rs 1,045.97 crore, driven by robust revenue growth. The company's board has announced an interim dividend of Rs 4 per share for FY24-25. Nalco's shares, however, experienced a 2.7% dip, closing at Rs 219.8 on the BSE on Wednesday.
Economic Times

Varun Beverages shares in focus after co launches QIPVarun Beverages Share Price - 10 days ago
Varun Beverages, PepsiCo's top bottler, has initiated a qualified institutional placement (QIP) to raise Rs 7,500 crore for expansion. The floor price is set at Rs 594.56 per share. The company's stock is also newly listed on the F&O segment. This comes after a strong Q3 with a 22.3% YoY surge in net profit, reaching Rs 628.83 crore.
Economic Times

HDFC Bank, RIL lift Sensex over 100 points higher, Nifty above 24,550Zaggle Prepaid Ocean Services Share Price - 10 days ago
Sensex and Nifty open higher, supported by HDFC Bank, RIL, and IT stocks, amid positive US inflation data.
Economic Times

Stocks to buy or sell today: Wipro, ONGC among top 6 trading ideas for 14 November 2024 - 10 days ago
The Indian market is predicted to stabilize, influenced by global trends and indicated by India VIX's surge. Nifty future experienced losses, closing at 23,696. Analysts suggest a trading range between 23,200 to 24,000 for Nifty, with potential weakness below 23,650.
Economic Times

Hot Stocks: Brokerages see 11-30% upside in Apollo Tyres, Eicher Motors & L&TEicher Motors Share Price - 10 days ago
Global brokerage firms, including Goldman Sachs, have highlighted promising investment opportunities in key stocks. Goldman Sachs, in particular, has expressed continued confidence in Eicher Motors and Larsen & Toubro (L&T), citing strong growth drivers and solid performance indicators for both companies.
Economic Times

Eicher Motors shares rally 8% after steady Q2 earnings. What analysts sayEicher Motors Share Price - 10 days ago
Shares of Eicher Motors, the manufacturer of Royal Enfield, surged 7.5% to a high of Rs 4,934.50 on the BSE on Thursday, following the company’s announcement of an 8% increase in standalone net profit, reaching Rs 1,010 crore for the quarter ending September 2024.
Economic Times

Apollo Tyres shares in focus after Q2 net profit falls 37% YoY. What should investors do?Apollo Tyres Share Price - 10 days ago
Apollo Tyres reported a 37% drop in quarterly profit, primarily due to weak demand in the Indian market and increased raw material costs. Despite growth in the European passenger vehicle segment, the company's overall performance was impacted by a slowdown in the commercial vehicle segment in India.
Economic Times

Tata Power shares in focus as co commissions 126 MW floating solar projectTata Power Company Share Price - 10 days ago
Tata Power Renewable Energy Limited has successfully commissioned a 126 MW floating solar project in Madhya Pradesh, India. The project, located on the Omkareshwar reservoir, is one of the largest in the country and will generate enough clean energy to power thousands of homes.
Economic Times

Vodafone Idea shares in focus as Q2 loss narrows to Rs 7,176 crore - 10 days ago
Vodafone Idea reported a smaller loss of Rs 7,176 crore in the September quarter compared to last year. Revenue rose to Rs 10,932 crore. The company's EBITDA improved, reaching Rs 4,550 crore. Vodafone Idea's subscriber base decreased slightly, but postpaid customers increased. JPMorgan maintained a neutral rating on the company's stock.
Economic Times

Asia shares wobble on China angst; long-end US bond yields rise with dollar - 10 days ago
Bitcoin steadied above $90,000 after having surpassed that level in the previous session, turbocharged by Donald Trump's return to the White House and the view that his administration will be a boon for cryptocurrencies.
Economic Times

These 4 stocks showing RSI Trending Up on November 13 - 10 days ago
On November 13, four stocks from the Nifty500 pack appeared in the RSI Trending Up scan, according to the stockedge.com data. It is an uptrend signal if the RSI value has crossed above 50 from below. "RSI trending up" means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock. This can indicate potential upward movement and may be used by traders to identify buying opportunities.
Economic Times

Bata India stock took support above lower band of a falling wedge pattern; time to buy? - 10 days ago
“Bata India stock is currently displaying strong technical signals across multiple timeframes, suggesting a potential bounce-back. Traders can buy for a target of Rs 1385-1450 in the next few weeks,” Kkunal V. Parar, Vice-President of Technical Research and Algo, Choice Broking, said.
Economic Times

Negative Breakout: 5 Nifty stocks cross below their 200 DMAs - 10 days ago
In the Nifty 50 pack, five stocks' close prices crossed below their 200 DMA (Daily Moving Averages) on November 13, according to stockedge.com's technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock's price is below its long-term trend line. The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock. Take a look:
Economic Times

These 4 stocks close crossing below VWAP on November 13 - 10 days ago
On November 13, the closing prices of four stocks from Nifty500 dropped by more than 1.5% relative to the VWAP (Volume Weighted Average Price), and a shift below the VWAP suggests a potential bearish trend, according to stockedge.com's technical scan data. When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which it was traded throughout the day, with the average being weighted by trading volume. This can be seen as a potential indication of increased selling pressure.
Economic Times

Eicher Motors shares in focus after Q2 earnings seen steadyEicher Motors Share Price - 10 days ago
Eicher Motors recorded a standalone net profit of Rs 1010 crore in the second quarter of 2024. Revenue rose to Rs 4,205 crore. Royal Enfield sold 2.25 lakh motorcycles. The company launched two electric motorcycle models under the brand Flying Flea. VECV, the commercial vehicle arm, achieved its highest-ever Q2 performance.
Economic Times

Hero MotoCorp shares in focus ahead of Q2 results later todayHero MotoCorp Share Price - 10 days ago
Hero MotoCorp is set to announce its second-quarter earnings, with analysts predicting a 9% year-on-year revenue increase driven by higher sales volumes and average selling prices. Improved product mix and cost control measures are expected to boost EBITDA margins. Experts attribute the positive outlook to the launch of new premium motorcycles and a surge in export volumes.
Economic Times

Manappuram Finance among 4 stocks to trade ex-dividend from Monday. Last chance to buySundram Fasteners Share Price - 10 days ago
Four companies, including Manappuram Finance, are approaching their ex-dividend date on November 18th. Investors have until today to purchase shares and qualify for dividend payouts. CFF Fluid Control, Emami Ltd, and Sundaram Fasteners also announced their respective interim dividends.
Economic Times

Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact - 10 days ago
U.S. stocks saw mixed results on Wednesday as October's consumer price index met expectations, bolstering predictions of a December interest rate cut by the Federal Reserve. The CPI's 0.2% rise, aligning with forecasts, pushed trader bets for a rate cut above 80%.
Economic Times

GIFT Nifty down 10 points; here's the trading setup for today's sessionHindustan Copper Share Price - 10 days ago
A strong break below 23,500, will push the index further lower to 23,300-23,200 levels, where the trend line support is placed. Overall, market sentiment appears to be negative, but we'll have to see how the Nifty behaves around the 200-DEMA support, said Hrishikesh Yedve of Asit C. Mehta Investment Interrmediates.
Economic Times

Pre-market action: Here's the trade setup for today's sessionAarti Industries Share Price - 10 days ago
A strong break below 23,500, will push the index further lower to 23,300-23,200 levels, where the trend line support is placed. Overall, market sentiment appears to be negative, but we'll have to see how the Nifty behaves around the 200-DEMA support, said Hrishikesh Yedve of Asit C. Mehta Investment Interrmediates.
Economic Times

Asian equities climb as US CPI supports Fed easing - 10 days ago
US consumer price data was in line with expectations on a headline basis, although the annualized three-month core rate picked up. Overall, the numbers were supportive of a potential Fed cut in mid-December with swaps traders increasing the likelihood to around 80% from about 56% earlier Wednesday.
Economic Times

Stocks in news: Grasim, Hero MotoCorp, Cipla, Varun Beverages, Vodafone IdeaVarun Beverages Share Price - 10 days ago
Shares of Eicher Motors will be in focus today as the company reported a 8% growth in its standalone net profit at Rs 1010 crore in the quarter ended September 2024.
Economic Times

D-Street indices hit 5-month low as FPI sale season continuesMotilal Oswal Financial Services Share Price - 10 days ago
The Sensex and Nifty have dropped 10% from peaks on September 27, resulting in the indices entering the technical corrective phase. When an index falls 10% from its peak in a short span, it's considered a correction. A 20% decline makes it a bear phase.
Economic Times

Aptus Value looks capable of building on its quality assets - 10 days ago
The stock of Aptus Value Housing Finance India has fallen by 18.5% over the past month amid weakness in the broader market despite posting double digit growth in disbursements and higher RoE for the September quarter.
Economic Times

Burmans' Religare Broking buy gets bourses' nodReligare Enterprises Share Price - 10 days ago
The move is a part of the open offer for REL launched by entities controlled by the Burman Family and comes after a nod from the competition regulator and the insurance watchdog.
Economic Times

Morgan Stanley, 2 others pick 6.8% stake in PNB Housing Fin for Rs 1,664 crorePNB Housing Finance Share Price - 10 days ago
Morgan Stanley, Societe Generale and another entity on Wednesday picked up a total of 1.77 crore, or 6.82 per cent stake, of PNB Housing Finance through open market transactions worth Rs 1,664 crore. According to bulk deal data available on the National Stock Exchange (NSE), Morgan Stanley through its arm Morgan Stanley Asia Singapore purchased over 1.42 crore shares or a 5.4 per cent stake in PNB Housing in two transactions.
Economic Times

GenAI a $10 trillion GDP Booster: RBI Dy Guv Patra - 10 days ago
Generative AI has the potential to significantly impact the global economy. India is predicted to see substantial GDP growth due to AI by 2029-30. The digital economy is also expected to grow considerably. However, challenges like job market disruptions and cybersecurity threats need to be addressed.
Economic Times

NARCL ups offer for Jaiprakash Associates debt to Rs 12,000 croreState Bank of India Share Price - 10 days ago
NARCL has increased its bid to acquire the debt of Jaiprakash Associates to ₹12,000 crore. The revised offer comes as the company's appeal against insolvency proceedings is pending. The offer involves an upfront cash payment and security receipts guaranteed by the government. Lenders are currently evaluating the offer as a potential resolution to the long-delayed insolvency case.
Economic Times

CFM ARC wins bid for defunct Carnival CinemasYES Bank Share Price - 10 days ago
This follows CFM offering ₹78 crore to take over Carnival's ₹1,290 crore debt from rival JC Flowers ARC, which did not get any challenging bid by the October 31 deadline, people familiar with the matter said.
Economic Times

Swiggy tops expectations with best major listing in a decadeZomato Share Price - 10 days ago
The stock closed 17% above its issue price at ₹455.95 in a weak market, surpassing analysts' expectations of a tepid debut. The company's market capitalisation at close on Wednesday was ₹1.02 lakh crore.
Economic Times

These 10 mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 32%, according to analysts - 10 days ago
Why are mid- and small-cap stocks seeing more selling pressure? The answer lies in a couple of things – and their coming together at the same time. First is the approaching deadline to implement measures announced by the market regulator in the early part of the year to curb excessive speculation in the mid-cap segment. The second: Historically, mid-caps tend to weather the early part of a bearish phase well – but if the correction persists for a period of time, then they all come under pressure. Should the correction be bought? Sure. But it depends on what you are buying and what your time frame is.
Economic Times

Stock Radar: Bata India showing signs of bottoming out after 20% fall from highs; time to buy?Bata India Share Price - 10 days ago
Bata India Ltd's stock shows potential for a rebound after finding support at the lower band of a falling wedge pattern. Technical indicators, including a positive RSI divergence, suggest a possible upward move towards Rs 1,385-Rs 1,450, according to analysts.
Economic Times

Rs 6.8 lakh crore wiped out: Sensex tanks 984 points. 6 key factors behind Wednesday's panic sell-offTata Consultancy Services Share Price - 10 days ago
Indian stock markets experienced a significant drop on Wednesday, with the Sensex plummeting over 980 points and the Nifty falling below 23,600. This decline was primarily fueled by a surge in inflation, which dampened expectations of an interest rate cut in the near future. The slump was further exacerbated by disappointing corporate earnings and a consistent outflow of foreign investments.
Economic Times

Markets across the world broken by Trump’s America-first plan - 10 days ago
Donald Trump's election victory has driven US stocks to record highs and boosted the dollar, while global markets suffer. Non-US equities, developing-market currencies, and European assets are tumbling, amid fears of trade tariffs and disruptive policies under Trump's "America First" agenda.
Economic Times

US stocks edge higher after inflation data keeps Fed rate-cut hopes intact - 10 days ago
Wall Street's main indexes were steady on Wednesday after in-line consumer price inflation data kept the Federal Reserve on track to cut interest rates in December.
Economic Times

Market Trading Guide: Tata Power, Alkem Labs among 5 stock recommendations for Thursday - 10 days ago
Relentless selling by FIIs amid weak corporate earnings and a sharp surge in domestic inflation impacted investor sentiment as Sensex nosedived over 1000 points on Wednesday."This trend is mirrored across all emerging markets, as markets are jittery about future US policy actions, including trade-related implications for the world economy, which is reflected in the strengthening US dollar and rising yields," said Vinod Nair, Head of Research, Geojit Financial Services.Here are 5 stock recommendations for Thursday
Economic Times

Sebi grants lock-in, allotment exemptions for InvITs, REITs in employee benefit schemes - 10 days ago
Markets regulator Sebi on Wednesday exempted InvITs and REITs from specific lock-in and allotment restrictions when issuing units to an employee benefit trust under unit-based employee benefit (UBEB) schemes.
Economic Times

Aptus value on course to achieve strong AUM growth, stable asset quality for FY25 - 10 days ago
The stock of Aptus Value Housing Finance India has fallen by 18.5% over the past month amid weakness in the broader market despite posting double digit growth in disbursements and higher RoE for the September quarter.
Economic Times

Morgan Stanley, 2 others pick 6.8 pc stake in PNB Housing Fin for Rs 1,664 crorePNB Housing Finance Share Price - 10 days ago
Morgan Stanley, Societe Generale and another entity on Wednesday picked up a total of 1.77 crore, or 6.82 per cent stake, of PNB Housing Finance through open market transactions worth Rs 1,664 crore. According to bulk deal data available on the National Stock Exchange (NSE), Morgan Stanley through its arm Morgan Stanley Asia Singapore purchased over 1.42 crore shares or a 5.4 per cent stake in PNB Housing in two transactions.
Economic Times

US stocks open little changed after in-line inflation data - 10 days ago
Wall Street's main indexes were steady on Wednesday after in-line consumer price inflation data kept the Federal Reserve on track to cut interest rates in December.
Economic Times

Sebi mulls raising maximum investment limit by angel fund in startup to Rs 25 crore - 10 days ago
Markets regulator Sebi on Wednesday proposed raising the maximum investment limit by an angel fund in a startup to Rs 25 crore, a move that can provide a boost to the new-age technology companies.
Economic Times

Indian firms go slow on overseas borrowing this yearIDFC First Bank Share Price - 10 days ago
Higher availability of domestic credit and the volatile currency that pushed up hedging costs prompted Indian firms to go slow on overseas borrowings.
Economic Times

Sebi considers taking Angel funds regulation out of its purview - 10 days ago
Sebi is considering regulating Angel Funds under its norms following the abolition of Angel tax. A consultation paper highlighted gaps in operational clarity and investor suitability. Sebi suggests revising existing norms to provide more flexibility and ease of operations.
Economic Times

Sebi proposes doubling minimum net worth requirement for custodians - 10 days ago
India's markets regulator on Wednesday proposed changes to the regulatory framework for custodians, including doubling their minimum net worth requirement.
Economic Times

Tech view: Nifty hits 200 DEMA, break below may test 23,200 level. How to trade tomorrow - 10 days ago
A decisive break below 23,500 could drive the index further down to the 23,300-23,200 range, where trend line support is located. While the overall market sentiment seems negative, it remains to be seen how Nifty performs around the 200-DEMA support, according to Hrishikesh Yedve of Asit C. Mehta Investment Intermediates.
Economic Times

Sebi proposes tighter regulations for custodians - 10 days ago
India's markets regulator on Wednesday proposed changes to the regulatory framework for custodians, including doubling their minimum net worth requirement.
Economic Times