Sensex, Nifty end flat as global headwinds limit domestic tailwindsZee Entertainment Enterprises Share Price - 3 months ago
The Nifty 50 closed at 25,018, just short of a new all-time high, as the BSE Sensex ended at 81,711. Gains were led by Bajaj Finserv and other major companies. Investors anticipate the Federal Reserve's interest rate cut in September. Nifty Media saw substantial growth following Zee Entertainment's settlement agreement with Sony India.
Economic Times

ZEE Entertainment shares soar over 11% after co signs settlement agreement with Sony India - 3 months ago
Culver Max is seeking $90 million in termination fees from Zee Entertainment after Sony called off their merger earlier this year due to unresolved disagreements. The merger, signed in 2021, had received all necessary regulatory approvals.
Economic Times

Zee shares soar over 11% after co signs settlement agreement with Sony IndiaZee Entertainment Enterprises Share Price - 3 months ago
Zee Share Price: The settlement involved both parties agreeing to withdraw all applications before the Singapore International Arbitration Centre (SIAC) and relinquish all rights to file claims and counterclaims against each other.
Economic Times

For long-term investors with medium risk appetite: 6 midcap stocks from different sectors with upside potential of up to 49% - 3 months ago
If looking for investing in a mid-cap, which would be a better stock to own. A stock which after a period of four years has once again paid dividend last year or a stock which in the last five years have missed dividend only in FY 2020, which was covid year. Yes, second one, but most investors don't look at these things which in the long run matter both for the real business and finally the stock price. Similarly, there are many small things which need to be looked at when investing in a mid cap stocks for very simple reason that market is sitting with a good amount of gain and short corrective move which may come largely because of global reason or just a simple profit booking move may hit midcap more than anyone else. So, while being bullish and increasing your exposure just do a little bit of work so that one is able to avoid anxiety in time of corrective phase of the market.
Economic Times

Learn basics of technical analysis in 2-day online course - 3 months ago
The workshop, scheduled from 11 am to 1:30 pm, will delve into key aspects of technical analysis, including trendlines, breakdowns, and breakouts—essential tools for making informed buying or selling decisions.
Economic Times

hBits applies for SM REITs license with SEBI; aims first listing by Q3 - 3 months ago
The company expects to receive the license in the next couple of months and plans to launch its maiden SM REIT offering in the third quarter of the current financial year.
Economic Times

Is this the right time to invest in gold? | Weekly gold & silver outlook - 3 months ago
How will gold and silver perform this week? How are other metals faring? What are the key factors driving their performance? ETMarkets spoke with Anindya Banerjee, Senior VP, Head of Research, Currency, Commodity, and Interest Rates at Kotak Securities, to find out more.
Economic Times

Ceigall India shares rally 7% after Q1 PAT jumps 80% YoYCeigall India Share Price - 3 months ago
Ceigall India's shares rose by 7% on the BSE following the announcement of its first quarterly results, reporting an 80% YoY increase in net profit to Rs 80 crore. Revenue also saw a rise of 26.5% to Rs 822.40 crore. The company has won Rs 1,042 crores worth of new project orders in Kanpur and Bhuvaneshwar.
Economic Times

NIIT shares surge 19% to fresh 52-week high; stock up 54% since Damani's picked stakeNIIT Share Price - 3 months ago
NIIT Share Price: Shares of NIIT have surged 54% on the BSE since ace investor Ramesh Damani acquired a 0.59% stake in the company through an open market transaction on Friday. The stock gained 18.51% in Tuesday's session, hitting a 52-week high of Rs 182.90. Damani's stake, valued at Rs 10.02 crore, involved purchasing 8 lakh shares at Rs 127.55 each through a bulk deal on the NSE.
Economic Times

Tata Tech, Trent in focus amid large block dealsTrent Share Price - 3 months ago
Tata Group companies Trent and Tata Technologies experienced notable pre-market block deals. Trent's shares initially rose but later fell, while Tata Technologies' shares dropped before stabilizing. Trent is on track to join the Nifty50 index, which will lead to substantial net inflows. The official parties involved in the transactions remain unknown.
Economic Times

Ashish Kacholia invests in AI-based wealthtech platformIIFL Securities Share Price - 3 months ago
InvestorAi, an AI-based equity investment platform, secured Rs 80 crores in a Series A funding round from Ashish Kacholia and his associates. The investment aims to scale the business and introduce new products. The platform provides stock recommendations through several brokers and has maintained a solid track record of strong investment returns.
Economic Times

4 Tata Group stocks correct up to 37% after logging multibaggers returns. Should you buy?Voltas Share Price - 3 months ago
Tata Group stocks corrected up to 37% from their 52-week highs after strong rallies last year. Tata Investment Corporation led the decline, followed by Automotive Stampings, Tata Technologies, and Trent Limited. Experts noted these stocks could regain previous highs due to solid fundamentals and market stabilization.
Economic Times

Aarti Drugs shares zoom 5% on Rs 60 crore buyback announcementAarti Drugs Share Price - 3 months ago
Aarti Drugs Share Price: Aarti Drugs shares surged 5% to Rs 634.90 on BSE after announcing a Rs 60 crore buyback of 6.65 lakh shares at Rs 900 each. The stock has risen 14% in the past year.
Economic Times

Deepak Nitrite, SBI Card among 5 stocks with long buildup - 3 months 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 Tuesday's trading session, five stocks saw fresh long positions. Here’s the list:
Economic Times

IT stocks: Time to be contrarian in select pockets? 6 IT stocks with upside potential of up to 34% - 3 months ago
There is an old saying on Dalal street. News and stock prices have an inverse relationship. When news is good, stock prices are bad and when news is bad, stock prices are good. This probably has played in the IT space more than anywhere else. The news and also one may say opinion is bad about these stocks. It is not the first time that IT stocks are witnessing such a wave of negative sentiment against them. In the past also when the world of technology has gone through a structural shift, like the one when the “ cloud” came in, even then similar sort of sentiment was seen against them. They all adjusted and moved ahead. Today, it's AI, they have already started to adjust. Is there a case of taking a contrarian call in IT stocks ?
Economic Times

Rocket Returns: This Madhusudhan Kela and Sunil Singhania-owned smallcap stock has rallied 45% since April QIP - 3 months ago
Shilpa Medicare, held by Madhusudhan Kela and Sunil Singhania, has returned 45% since its QIP allotment four months ago. Singhania's Abakkus Diversified Alpha Fund-2 received 6 lakh shares, while Kela’s Cohesion MK Best Ideas Sub-Trust was allotted 8.79 lakh shares.
Economic Times

Looking to diversify your portfolio? Be a global citizen & a global investor - 3 months ago
The Union Budget 2024 has reformed the tax structure for International Fund of Funds (FoFs) to a 12.5% long-term capital gains tax if sold post 24 months. With assets under International FoFs surging significantly, investors may consider global equities for diversification and reducing market-specific risks.
Economic Times

Stock Radar: Bank of Baroda reclaims 200-DMA, could see short covering rally above Rs 260; should you buy?Bank of Baroda Share Price - 3 months ago
Bank of Baroda shares declined more than 15% from their June 2024 highs yet appear to have stabilised above Rs 230. Analysts recommend buying if the price exceeds Rs 260, aiming for Rs 300. The stock demonstrated consistent support at the 200-day EMA, despite being below various short-term moving averages.
Economic Times

Reliance Power shares continue their losing streak, tumble 14% in 3 daysReliance Power Share Price - 3 months ago
Anil Ambani's Reliance Power shares fell 5% for the third consecutive day after SEBI barred Ambani from the securities market due to fund siphoning allegations. Shares of Reliance Home Finance and Reliance Communications also dropped. Despite Ambani’s resignation, Reliance Power claimed the SEBI order does not impact its operations.
Economic Times

Sensex, Nifty off to a flat start tracking pause in global rally, oil price surgeTrent Share Price - 3 months ago
The buying momentum was stronger in the broader market while buying was noticed in IT, pharma, consumer and media stocks. HCL Tech was the biggest gainer among bluechips and was trading 1.5% higher.
Economic Times

Paytm shares rise over 3% after clarification on Sebi noticeOne97 Communications Share Price - 3 months ago
Shares of One 97 Communications, Paytm’s parent company, rose 3.5% to Rs 548.70 on the BSE today, following a clarification on the SEBI show-cause notice issued to founder Vijay Shekhar Sharma and former board members. Over the past year, Paytm's shares have fallen 40%, with a 16.3% decline so far this year.
Economic Times

RIL AGM this Thursday. 4 things that 35 lakh shareholders expect from Mukesh AmbaniReliance Industries Share Price - 3 months ago
During Reliance Industries' 47th AGM on August 29, Mukesh Ambani addressed 35 lakh shareholders. Key expectations included updates on IPOs for Reliance Jio and Retail, progress on New Energy projects, 5G monetization, and succession planning. Analysts foresee significant growth, mainly from telecom and retail sectors, over the next years.
Economic Times

Stocks to buy today: Havells, HCL Tech among top 10 trading ideas for August 27, 2024 - 3 months ago
In the options market, the highest Call Open Interest (OI) is at the 26,000 and 25,500 strikes, while the highest Put OI is at the 25,000 and 24,000 strikes. Call writing is notable at the 26,100 and 25,500 strikes, whereas Put writing is observed at the 25,000 and 24,900 strikes.
Economic Times

Hot stocks: Brokerages on DMart, Indegene, Indus Towers, Tata Motors and ONGCTata Motors Share Price - 3 months ago
JPMorgan has maintained an "Overweight" rating on Tata Motors with a target price of Rs 1,250. Although JLR experienced a 1% year-over-year decline in July 2024 retail sales, China inventories are well-managed, and US inventories and incentives remain stable.
Economic Times

LG Electronics weighs India IPO to help chase $75 billion goal - 3 months ago
LG Electronics Inc. explored an IPO for its Indian unit, aiming to meet a $75 billion revenue target by 2030. CEO William Cho mentioned it as a strategic option, noting a surge in investor interest. The company focuses on enterprise sales growth, subscription services expansion, and investment in its streaming platform to boost revenue.
Economic Times

World-beating Indian energy stocks rally has fuel for more gainsOil India Share Price - 3 months ago
The Nifty Energy Index, a local benchmark for the industry, has risen 31% this year, on course for a nine-year winning streak. In the period, a Bloomberg gauge of the world’s 124 mid- to large-sized energy firms has gained 4.7%, with half of its top 10 performers being traditional energy firms from India.
Economic Times

Hindustan Zinc’s record date for Rs 19 dividend tomorrow; last day for eligibilityYuken India Share Price - 3 months ago
Hindustan Zinc, under Vedanta, fixed August 28 as the record date for dividends, making today the last day to buy shares to qualify. The company announced a Rs 19 per share dividend. Other companies such as Asahi India Glass, and Bajaj Steel Industries also disclosed their final dividends.
Economic Times

Big movers on D-Street: What should investors do with Trent, Honasa Consumer and NIIT?Trent Share Price - 3 months ago
On Monday, equity indices surged nearly 1%, driven by optimism around potential US Federal Reserve interest rate cuts. Trent dropped 0.27%, Honasa Consumer soared 8%, and NIIT climbed nearly 20%. Analyst Avdhut Bagkar discussed upcoming projections and important support levels for these stocks when markets reopen today.
Economic Times

Policybazaar’s dream run at the bourses decodedPB Fintech Share Price - 3 months ago
PBFintech, the parent entity of Policybazaar, is having a dream run at the stock exchanges. The company is nearing a $10 billion market capitalisation as its stock price has grown to around Rs 1,800 from Rs 1,000 six months ago. While Policybazaar is yet to taste profits from its new initiatives, it is definitely seeing its losses cut down.
Economic Times

Japan's Nikkei falls as Wall Street tech losses weigh - 3 months ago
In early trading on Tuesday, Japan's Nikkei share average fell 0.5% to 37,936.68 following declines on Wall Street. Technology stocks led the drop, with companies like Tokyo Electron and Advantest pulling the index down. Broader Topix also dipped 0.2%. The yen's recent strength against the dollar further dampened market mood.
Economic Times

Kalyan Jewellers’ promoters to raise Rs 2,500-crore debt to boost equity stake - 3 months ago
Kalyan Jewellers India's promoter held discussions with Motilal Oswal and 360 One to secure ₹2,000-2,500 crore in high-yield debt. These funds are intended to boost their equity stake in the company. The proceeds from this debt will partly finance the acquisition of shares from Warburg Pincus.
Economic Times

S&P 500 ends lower, weighed down by Nvidia dip - 3 months ago
The S&P 500 declined on Monday, driven by Nvidia's 2.25% fall ahead of its quarterly report. The Nasdaq also fell, while gains in Caterpillar and American Express helped the Dow Jones finish slightly up. Investors awaited key inflation data, and Tesla shares dropped due to new Canadian tariffs on Chinese electric vehicles.
Economic Times

As US rate cuts near, economic 'soft-landing' odds could dictate stock performance - 3 months ago
Jerome Powell of the Federal Reserve signaled upcoming interest rate cuts, likely commencing with a 25 basis-point reduction in September. Investors are focusing on economic data like employment and inflation to gauge the stock market's future, especially amid high valuations and a crucial presidential race.
Economic Times

D-Street bulls Powell ahead on US Fed’s interest rate cut cues - 3 months ago
India's Nifty and Sensex saw gains of over 0.75% spurred by Federal Reserve chairman Jerome Powell's comments on rate cuts. The Nifty closed above 25,000 for the first time in August. Gains were led by sectors like metals, IT, and realty, while the banking sector lagged due to domestic uncertainties.
Economic Times

Why is this Rekha Jhunjhunwala-owned stock on the buy list of analysts? - 3 months ago
“Titan Company stock has formed an Inverted Head & Shoulder pattern and has also managed to give a fresh breakout above the neckline of the pattern formation as well. Traders can buy for a target of Rs 3920 in the next 1-2 months,” Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said.
Economic Times

Stocks in news: Ultratech, Paytm, HCL Tech, Gland Pharma, GPT InfraYES Bank Share Price - 3 months ago
Stocks in news: The domestic market had a promising start this week, aided by a dovish stance from the US Fed. Shares of Ultratech, Paytm, HCL Tech, Gland Pharma, and GPT Infra gained attention due to various developments. Key moments included Sameera Agro’s bonus shares issue, HCLTech’s extended partnership, and GPT Infraprojects’ QIP approval. UltraTech raised $500 million through a sustainability-linked loan.
Economic Times

GIFT Nifty signals a negative start for D-Street. Here's the trading setup for today's sessionLIC Housing Finance Share Price - 3 months ago
Nifty rebounded to 25,000, driven by signals from the US Fed about possible interest rate cuts in September. Positive sentiments are expected to influence Indian markets. Gift Nifty indicated a negative start. Global market indicators showed mixed trends. India VIX increased, alongside fluctuations in S&P 500 futures and other indices.
Economic Times

Asian stocks fluctuate as Nvidia earnings awaited: Markets wrap - 3 months ago
Asian markets moved in narrow ranges following declines in tech giants dragging Wall Street down. Japanese and South Korean stocks turned slightly positive, with mild gains in Australia. Nvidia earnings, expected to be strong, could impact the market significantly. The Fed’s potential rate cuts and China’s trade tensions with Canada are also under scrutiny.
Economic Times

Daily Trading Desk: Two short term trades, a metal stock for 5% gain and a hotel stock for 7% upswing - 3 months ago
The Nifty 50 Index gained 187.45 points after consolidating for a few days. Hindalco is showing signs of a potential breakout, supported by strong technical indicators. Indian Hotels Co Ltd has broken out from a symmetrical triangle pattern, suggesting a possible price rise. Breakout has become more frequent as more sectors join the party.
Economic Times

Stock Radar: This Rekha Jhunjhunwala stock breaks out of Inverted Head & Shoulder pattern; time to buy?Titan Company Share Price - 3 months ago
Rekha Jhunjhunwala of RARE Enterprises held a 5.3% stake in Titan Company as of June 2024, according to the latest shareholding data. This represents a slight decrease from her 5.4% stake in March 2024. The total value of her stake in the company is estimated to be around Rs 16,994 crore as of August 26, 2024, based on data from Trendlyne.
Economic Times

Market Trading Guide: Tech Mahindra, Lupin among 4 stock recommendations for TuesdayTech Mahindra Share Price - 3 months ago
Domestic equity indices closed higher on Monday, with IT stocks driving gains. The S&P BSE Sensex rose 0.75% to 81,698, and the NSE Nifty50 finished above 25,000. Nagaraj Shetti of HDFC Securities noted that a sustained move above 25,000 could target 25,300-25,400, with immediate support at 24,850
Economic Times

Market Trading Guide: Tech Mahindra, Lupin among 4 stock recommendations for Tuesday - 3 months ago
Domestic equity indices ended higher on Monday, led by IT stocks. The S&P BSE Sensex closed 0.75% higher at 81,698, while the NSE Nifty50 index ended above the 25,000 level."The short-term trend of Nifty continues to be positive. Having moved above the crucial hurdles around 24700 and 24950 levels, the market is now set to zoom into new all-time highs soon. A decisive move above 25K mark could open the upside target of 25300-25400 levels in the near term. Immediate support is at 24850 levels," said Nagaraj Shetti of HDFC Securities.Here are 4 stock recommendations for Tuesday:
Economic Times

SME Sameera Agro And Infra's board approves 4:1 bonus shareInterarch Building Products Share Price - 3 months ago
Sameera Agro And Infra Limited's board approved a 4:1 bonus share issue, meaning shareholders will receive four new shares for every one share held. The Book Closure is set from September 18 to 25.
Economic Times

How bearish market predictor Marc Faber got his name Dr Doom - 3 months ago
Faber began writing his bearish outlook reports in the 1970s, initially for personal use and to address the lack of awareness among Americans about foreign exchange rates, the dollar's value against gold, and European currencies at the time. As the publisher of the widely respected "Gloom, Boom & Doom Report," he offers contrarian perspectives on global financial markets, highlighting the importance of cautious investing and the potential for significant economic downturns.
Economic Times

Fincare Business sells 1.7 pc stake in AU SFB for Rs 803 cr; Morgan Stanley, SocGen pick stakeAu Small Finance Bank Share Price - 3 months ago
Fincare Business Services on Monday sold a 1.7 per cent stake in AU Small Finance Bank to investors like DSP Mutual Fund, Morgan Stanley and Societe Generale (SocGen) for Rs 803 crore via open market transaction. Fincare Business Services was the promoter of erstwhile Fincare Small Finance Bank (SFB).
Economic Times

Dow hits record high on increased September rate cut bets, Nvidia results on tap - 3 months ago
The S&P 500 and the Dow opened higher on Monday, with markets focused on results from AI-darling Nvidia and a key inflation report due later in the week, while geopolitical tensions in the Middle East made investors wary.
Economic Times

Deepak Nitrite, RBL Bank among 5 stocks with short buildup - 3 months 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

BofA, Aditya Birla MF buy shares worth Rs 42 crore in debutant Interarch Building Products via block dealsInterarch Building Products Share Price - 3 months ago
Bank of America acquired 1.3 lakh Interarch Building Products shares for Rs 16.74 crore at Rs 1,287.75 each, a 43% premium over the issue price. Aditya Birla Sun Life Mutual Fund bought 2 lakh shares. The stock closed at Rs 1,203.10, down 7.38% from its listing price.
Economic Times

US stocks open higher on increased September rate cut bets, Nvidia results on tap - 3 months ago
The S&P 500 and the Dow opened higher on Monday, with markets focused on results from AI-darling Nvidia and a key inflation report due later in the week, while geopolitical tensions in the Middle East made investors wary.
Economic Times

Vedanta readies Rs 30,000-cr war chest to pursue further deleveraging, growthVedanta Share Price - 3 months ago
Anil Agarwal-led Vedanta Ltd has prepared a war chest of Rs 30,000 crore with recent funds raised through a qualified institutional placement (QIP), offer for sale (OFS) and dividend to pursue further deleveraging and growth, sources said.
Economic Times