BSE stock options case: 768 entities avail benefits of Sebi's settlement scheme 2024 - 3 months ago
A total of 768 entities settled cases pertaining to alleged non-genuine trades at the stock options segment on the BSE with Sebi under the settlement scheme introduced in 2024, the markets regulator said on Monday.
Economic Times

Sebi categorises dues worth Rs 76,293 crore as 'difficult to recover' - 3 months ago
Capital markets regulator Sebi has segregated dues to the tune of Rs 76,293 crore under "difficult to recover" category at the end of March 2024, marking an increase of 4 per cent from the preceding year. Of this, a huge chunk is on account of cases pending before court-appointed committees.
Economic Times

Antfin Singapore to sell Zomato shares worth $408 million via block deal: ReportZomato Share Price - 3 months ago
It currently has 4.3% stake in the food delivery platform.
Economic Times

Market Wrap: Sensex flat, Nifty nudges higher; windfall tax cut fuels energy rallyTata Steel Share Price - 3 months ago
Sensex ended nearly unchanged, while Nifty 50 gained 31 points amid volatile trading. Energy stocks rose due to a windfall tax cut on crude, but financials saw profit booking. Key gainers included Hindalco and BPCL, while M&M and Bajaj Auto declined. Newly listed Ola Electric Mobility surged by 10%.
Economic Times

The “second inning sector” list gets longer: 6 stocks from the paper industry for investors with appetite for logical risk - 3 months ago
Whether it is power, infrastructure, railways, the list of sectors which are witnessing a “second innings” in terms of them making a comeback on fundamental operating parameters is getting longer. While some get into headlines because of their sheer size. There are some sectors like paper where there has been a turnaround after decades of headwinds. Probably it is a more sustainable turnaround because it has taken place through Darwin theory, which is the survival of the fittest player. How do they do it ? Either by changing the way they operate in terms of management ability, by adding new products or any others. From being troublemakers to the banking system to announcing expansion in new products. There are many things which have gone into making the paper companies a much stronger and better place than what they were a couple of years ago. Street is showing signs of shedding the bias against them, with a few stocks attracting institutional investors in the last few quarters. Probably these are the set of stocks which investors who have an appetite for logical risk.
Economic Times

Smallcap Caplin Point shares jump 15%, hit 52 week high. Here's whyCaplin Point Laboratories Share Price - 3 months ago
The Brazilian Health Regulatory Agency (Anvisa) recently inspected Caplin Steriles' injectable and ophthalmic manufacturing facility in Gummidipoondi from August 12 to 16. The inspection concluded successfully with zero observations.
Economic Times

Zerodha's Nithin Kamath on why ULIPs may not be a smart investment choice for investors - 3 months ago
Zerodha's Nithin Kamath argued against ULIPs, highlighting their high commissions and limited insurance coverage. He recommended investing in direct mutual funds and purchasing term insurance instead. Kamath pointed out the increasing trend of mutual funds among retail investors, noting significant contributions to market capitalization in recent years.
Economic Times

Caplin Point shares jump 15%, hit 52 week high. Here's why - 3 months ago
The Brazilian Health Regulatory Agency (Anvisa) recently inspected Caplin Steriles' injectable and ophthalmic manufacturing facility in Gummidipoondi from August 12 to 16. The inspection concluded successfully with zero observations.
Economic Times

PVR Inox stock rises over 4% on Stree 2 successPVR INOX Share Price - 3 months ago
The film "Stree 2," starring Shraddha Kapoor and Rajkummar Rao, has achieved impressive box office success, surpassing the Rs 200 crore mark in collections. Maddock Films, the production house behind the movie, reported that the total net collection has reached Rs 204 crore as of August 18. The film's gross box office collection (GBO) stands at Rs 283 crore, with Rs 240 crore from the Indian market and Rs 43 crore from overseas.
Economic Times

Paytm could achieve profitability by 2027, upside lies in getting acquired by a bank or a corporate house: BernsteinOne97 Communications Share Price - 3 months ago
If Paytm goes solo, the company will need three major tailwinds to drive profitability faster, according to Bernstein. First, it will need a rapid scale-up of secured lending products, something that it has started offering now. Second, if it gets an 8-10 basis point share of the merchant discount rate on UPI payments above Rs 2,000, Paytm could become profitable by the third quarter of 2025-26.
Economic Times

Smallcap Mutlibaggers: 10 stocks with stellar quarterly sales and profit growth - 3 months ago
Sales and profit growth are crucial for a business to succeed and continue expanding. These factors not only reflect a company’s past performance but also its future potential. ETMarkets analyzed small-cap companies that achieved over 20% growth in both sales and profits for each of the last four quarters (September '23 to June '24). Out of these, 24 companies qualified (excluding banking and finance sectors). We further narrowed the list by examining price performance, focusing on stocks with over a 150% increase in the past year. Notably, 10 stocks met both criteria of stable fundamentals and strong price growth. (Source: ACE Equity)
Economic Times

Systematix initiates coverage on Patanjali Foods with buy rating, sees 24% upsidePatanjali Foods Share Price - 3 months ago
Brokerage Systematix has initiated coverage on Patanjali Foods with a 'Buy' rating and a target price of Rs 2,259, indicating a 24% upside from the previous closing price of Rs 1,828.50 per share. Systematix highlighted Patanjali’s aggressive plans in palm oil plantation and its strategy to capitalize on premiumization trends in its food business.
Economic Times

AIF Tracker: Northern Arc, InCred, Vivriti & StepTrade AMCs deliver over 10% return to crorepati investors in July 2024 - 3 months ago
July 2024 saw over 40% of alternative investment funds (AIFs) surpass the Nifty50 index. Northern Arc, InCred, Vivriti, and StepTrade AMCs provided returns over 10%. Category II and 'long-only' schemes performed notably well, with funds like Motilal Oswal’s Hedged Equity Multi Factor Strategy achieving significant gains. Long-short strategies had varied outcomes.
Economic Times

Planning to gift stocks to your sister this Raksha Bandhan? L&T, TCS among 7 stock ideas by expertsTata Consultancy Services Share Price - 3 months ago
Financial experts suggested gifting stocks this Raksha Bandhan for a more secure future. Stocks like Tata Consumer, ABB India, Reliance Industries, TCS, Larsen & Toubro, HCL Technologies, and Tata Motors are recommended for potential returns. The stocks were chosen based on their growth potential and solid performance history.
Economic Times

Balrampur Chini, Hindalco among 5 stocks with long buildup - 3 months ago
Long buildup occurs when there is an increase in open interest and trading volumes alongside a rise in the price of the underlying stock in the Futures and Options segment, indicating a bullish trend in the market. In Monday's trading session, five stocks experienced a buildup of fresh long positions. Here's the list:
Economic Times

IndiGo, Jubilant FoodWorks among 5 stocks with short buildup - 3 months ago
A short buildup is when there is a rise in open interest and volumes along with a decrease in the price of the underlying stock in the Futures and Options segment. Short buildup means more people are expecting the prices to go down and creating short positions. In Monday's trading session, five stocks witnessed a build of fresh short positions. Here's the list:
Economic Times

Tech picks: Tata Motors, Birla Corp among 5 stocks to buy for robust returns in the short term - 3 months ago
Domestic markets were under pressure throughout the week, driven by a "sell on rally" structure due to concerns raised by the Hindenburg report, high valuations, and some disappointing earnings. In the upcoming week, key global cues including Japan's inflation numbers and the minutes from the US Fed will be closely watched. In this setup, here are 5 stocks that you can consider buying for robust returns in the short term.
Economic Times

Hindustan Zinc shares fall 20% in a week, OFS opens for retail investorsVedanta Share Price - 3 months ago
Hindustan Zinc Share Price: Hindustan Zinc's shares fell by around 5%, marking a 20% drop over the past week, as its offer for sale (OFS) opened for retail investors. Non-retail investors had oversubscribed the offered shares. Vedanta is planning to demerge its operations to manage refinancing risks and lessen its dependence on dividends from Vedanta Resources Ltd.
Economic Times

Speed machine! Ola Electric shares jump another 10% today, up 92% from IPO issue priceOla Electric Mobility Share Price - 3 months ago
Ola Electric Mobility's shares rose by 10%, reaching a 52-week high of Rs 146 on Monday, reflecting a 92% increase from its IPO price. HSBC set a target price of Rs 140, citing regulatory support and cost reduction. In the June quarter, revenue grew by 32% YoY, while losses widened to Rs 347 crore.
Economic Times

Adani portfolio sees 50% growth in profit in June quarter, operating profit up 33% - 3 months ago
Adani group's June quarter profit soared by more than 50%, aided by strong performances in its utility and infrastructure sectors. Net profit was Rs 10,279 crore, with the majority of EBITDA from these areas. Utility operations grew by 41.44%, while infrastructure expanded by 70%. Adani Cement experienced a profit drop of over 30%.
Economic Times

Stock Radar: 100% rally in 3 months! This ship building stock is a good buy on dips stock; here’s whyMazagon Dock Shipbuilders Share Price - 3 months ago
In the past three months, Mazagon Dock Shipbuilders' stock doubled in value, rising from Rs 2,333 to Rs 4,976. Experts recommend buying now, targeting above Rs 6,000 shortly. After a recent dip, the stock found support at the 40-DMA, indicating a potential upward trend.
Economic Times

From transferring stocks to gifting mutual funds, 5 ways to secure your sister’s future this Raksha Bandhan - 3 months ago
Gifting financial instruments such as stocks, mutual funds, gold, cash, and fixed deposits were highlighted as great ways to secure a sister's future during Raksha Bandhan. These gifts offer various benefits, including tax advantages and potential appreciation. The article also explained how to transfer shares online and offline, along with utilizing platforms like Zerodha for gifting securities.
Economic Times

As bulls control the street, top Nifty50 stocks analysts suggest buying this week - 3 months 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. Simple average of the above-mentioned five component ratings is normally distributed to reach an average score.
Economic Times

Sensex gains 200 pts, Nifty above 24,600 tracking positive global cuesVedanta Share Price - 3 months ago
Sensex and Nifty indices opened higher on Monday, buoyed by gains in banking and energy sectors, following positive trends in Asian markets. Major stocks like ONGC and BPCL rose, while Hindustan Zinc fell after Vedanta's recent announcement. Experts highlighted that local investor activity dominated market movements, although high valuations have deterred foreign investments.
Economic Times

Zomato shares rally 6% to fresh high after UBS raises target priceZomato Share Price - 3 months ago
Zomato's shares surged 6% to a new 52-week high of Rs 280 on BSE on Monday after UBS raised its target price from Rs 260 to Rs 320. The brokerage also adjusted employee cost estimates to account for increased investments in manpower. CLSA has the highest target price on Zomato at Rs 350, while Motilal's target is Rs 300, Nomura's Rs 280, and Bernstein's Rs 275.
Economic Times

Top guns like Ashish Kacholia, Rekha Jhunjhunwala strike gold with 14 multibagger stocksWockhardt Share Price - 3 months ago
Top investors on Dalal Street including Ashish Kacholia and Rekha Jhunjhunwala saw substantial gains in 2024, with 14 of their stocks yielding multibagger returns. Notably, Advait Infratech provided a 215% return. Despite these successes, experts recommend cautious investment amid high valuations in certain market segments.
Economic Times

Hot Stocks: Brokerage view on Patanjali, Glenmark Pharma, Voltas and Sunteck RealtyVoltas Share Price - 3 months ago
Top brokerage firms have issued buy recommendations for several companies. Systematix Equities recommended Patanjali Foods citing growth potential. Motilal Oswal upgraded Glenmark Pharma. Jefferies maintained buy ratings on Voltas and Sunteck Realty after favorable operational results and encouraging future projections.
Economic Times

Titagarh Rail, Dr Lal PathLabs among 22 stocks to trade ex-dividend on Tuesday. Do you own any?Wealth First Portfolio Managers Share Price - 3 months ago
Dividends are paid to shareholders recorded on the company's record date. To qualify for dividends, shares must be purchased at least one day before the ex-date, as transactions settle the following day. Shares bought on the ex-date do not qualify for dividends.
Economic Times

Waning demand set to hit breakneck rally in auto stocksMaruti Suzuki India Share Price - 3 months ago
India's auto sector experienced a decline in August driven by a buildup of unsold inventory and increased competition among carmakers resulting in higher discounts. The NSE Nifty Auto Index fell by 4.1%. With the festival season approaching, expectations remain low, particularly for entry-level cars, as dealers anticipate flat or lower sales compared to last year.
Economic Times

AIA Engineering Rs 500-crore buyback: Last day to buy before record dateAIA Engineering Share Price - 3 months ago
The board of AIA Engineering has approved its first-ever share buyback, totaling Rs 500 crore at Rs 5,000 per share—a premium of nearly 10% over the closing price of Rs 4,553 on Friday. August 20 has been set as the record date. While the company has not issued bonus shares, it consistently pays dividends to its shareholders.
Economic Times

Big movers on D-Street: What should investors do with CDSL, Hindustan Zinc and Paras Defence?Paras Defence and Space Technologies Share Price - 3 months ago
The Sensex and Nifty saw substantial gains as US recession concerns eased, driving a global stocks rally. Pravesh Gour from Swastika Investmart recommended strategies for stocks like CDSL, Hindustan Zinc, and Paras Defence based on their recent performances and technical indicators. Specific resistance and support levels were also identified for these stocks.
Economic Times

South Korean shares start week lower ahead of BOK rate decision, Powell's speech - 3 months ago
South Korean stocks fell on Monday ahead of key monetary policy updates from the U.S. Federal Reserve and Bank of Korea. The KOSPI index dropped 0.44%, led by losses in major chipmakers such as Samsung Electronics and SK Hynix. Foreign investors sold shares worth 174.7 billion won, while certain e-commerce and biopharmaceutical stocks showed gains.
Economic Times

Australian shares subdued as tepid miners counter banks, gold boost - 3 months ago
On Monday, Australian shares held steady, bolstered by financials and gold miners despite declines in other sectors. The S&P/ASX 200 index remained at 7,957.1 points. Strong U.S. retail sales reduced recession fears. Financial stocks advanced by 0.3%, and gold stocks saw notable gains, while top mining firms experienced minor losses.
Economic Times

Technical View: Strong momentum could take Nifty past 25,000Vedanta Share Price - 3 months ago
Technical analysts noted a strong bounceback in Nifty, predicting further upward momentum. Stocks such as Vedanta and Hindustan Copper formed bullish setups. Investors are advised to focus on IT and FMCG sectors, while considering partial profits in pharma. Positive trends were also seen in metal and banking sectors.
Economic Times

FPIs pull out Rs 21,201 crore from equities in August so far - 3 months ago
In August, foreign investors sold Indian shares worth ₹21,201 crore, reversing inflows seen in July and June. The sell-off was influenced by global factors like the unwinding of the Yen carry trade, recession fears, and geopolitical tensions. Additionally, profit-booking after recent market gains contributed to the outflow.
Economic Times

Chinese stock investors lose a key indicator to gauge sentiment - 3 months ago
Starting Monday, China's stock exchanges ceased providing daily data on overseas fund flows to curb market volatility and focus on long-term indicators. The CSI 300 Index faced significant declines this year due to disappointing earnings and insufficient policy support. This decision highlights continued foreign fund withdrawals and a bleak outlook for economic recovery.
Economic Times

ET Analysis: Stocks excluded from Nifty 50 outperform those includedZee Entertainment Enterprises Share Price - 3 months ago
Data from the past 10 years shows that stocks removed from the Nifty 50 index often perform better than those newly added. Of the 28 excluded stocks analyzed, 17 outperformed their replacements. Research indicates that stocks removed from indices might experience initial drops but generally recover and outperform in the long term.
Economic Times

Stocks in news: Hindustan Zinc, Samvardhana Motherson, Mphasis, Uno Minda, Polyplex CorpVedanta Share Price - 3 months ago
Markets bounced back on Friday, gaining almost 1.5% amid positive global cues. Attention will be on Hindustan Zinc, Samvardhana Motherson, Mphasis, Uno Minda, and Polyplex Corp due to key updates like resignations, acquisitions, and new appointments. DCX Systems received notable orders of Rs 107 crore from domestic and overseas clients.
Economic Times

Asia shares, gold underpinned by rate cut hopes - 3 months ago
Asian stocks paused after their best week in nine months, bolstered by hopes of a U.S. recession being avoided and cooling inflation signaling potential interest rate cuts. Gold surpassed $2,500 an ounce, and the dollar dipped. Fed officials hinted at easing policies, driving S&P 500 futures up 0.2% and Nasdaq futures 0.3%.
Economic Times

Stock Radar: Range breakout could push TCS to record highs; time to buy?Tata Consultancy Services Share Price - 3 months ago
Tata Consultancy Services recorded a breakout from mild consolidation, with potential targets above Rs 4,550 in the upcoming weeks. The stock, part of the S&P BSE Sensex, displayed strength by trading above key moving averages and witnessed significant buying interest, indicating robust momentum and a possible rise to new highs.
Economic Times

Jackson Hole, FII action, IPOs and 6 more factors to impact D-Street movement this weekReliance Industries Share Price - 3 months ago
Nifty ended the holiday-shortened week with a 1% gain, powered by IT and consumer durables. Key factors for the upcoming trading week include global cues, Jackson Hole symposium, corporate actions, and FII/DII activities. Analysts project potential upside for Nifty while cautioning about a critical gap at 24,200 that could signal lower levels if breached.
Economic Times

10 smallcap stocks with highest dividend yield of up to 36% on the Street - 3 months ago
Benchmark indices have been in a consolidation path in the last week. Going forward, markets will take cues from Japan's inflation numbers and the minutes from the US Federal Open Market Committee (FOMC) meeting. The uncertain geopolitical situation remains the primary near-term risk for the market.In such a scenario, here are 10 high dividend yield stocks in the smallcap space that you can consider including in your portfolio. Source: Axis Securities
Economic Times

There is more to banking than SBI and HDFC Bank: 7 bank stocks which are a kind of hybrid of PSU and Private banksDCB Bank Share Price - 3 months ago
In the last few days, there has been a debate about PSU and private banks. A debate which partially has been ignited by the fact that in the last few trading sessions both the PSU and private banks have come under pressure. There is a third set of banks which once again not finding much mention on the street. But the fact is that over the last few years, they have been improving their performance. The reason for the improvement is simple, when RBI makes a change in law, it applies equally to all, whether it is HDFC banks or SBI or a bank which is neither private nor public and is some sort of hybrid. So, these lesser talked ones are a set which come with their own shortcoming and strength.
Economic Times

13 stocks which may benefit from recovery in rural consumption: From a tactical investment perspective - 3 months ago
Post election, there are some sets of companies which have been outperforming the market, this is worth noting for two reasons, first they have been underperforming even in the pre election bull market, so why this sudden out performance and second, they common thread is that their top and bottom line has relationship with what is happening in the rural India. The commentary from some of the companies post their Q1 result has been positive as they see some green shoots in rural consumption. We take a look at the companies which might gain as the rural recovery picks pace.
Economic Times

Technical Breakout Stocks: How to trade Firstsource Solutions, Glenmark Pharma and Info Edge on Monday? - 3 months ago
Indian market rose on Friday tracking positive global cues. The S&P BSE Sensex rallied more than 1300 points while the Nifty50 closed above 24500 levels
Economic Times

FPIs turn net sellers; pull out Rs 21,201 crore from equities in Aug so farGeojit Financial Services Share Price - 3 months ago
In August, foreign investors withdrew Rs 21,201 crore from Indian equity markets, influenced by the unwinding of the yen carry trade, US recession worries, and geopolitical tensions.
Economic Times

Recession has its own losers & even winners: 5 stocks from pipes and wire sector with upside potential of up to 44% - 3 months ago
Whether it comes or not, but the fact is that since the first week of August, there has been a talk of possible recession in the US. The first reaction was that of panic and then as usual, across the globe a trade got in motion to sell possible stocks and sectors which are going to get hit. There is enough evidence to show that if there is a recession then it is the metal sector stocks which get the hit first as the metal prices tend to come down. Already if one looks at performance of the metal stocks, they have under performed in the last two weeks. Now there is an inverse relationship between the falling price of metal and margins of the many user industries. So, while metal prices come down, metal stock gets hit, there is another set of companies which might end up gaining, in terms of margins and better bottomline. Given the fact that some of these companies have strong brands they should be on watch list for a possible short term tactical investing if and when the word “ R” is heard back on the street.
Economic Times

​Market Trading Guide: Tata Steel, Kotak Mahindra Bank among 8 stock recommendations for Monday - 3 months ago
Indian benchmark equity indices closed higher on Friday led by IT stocks, after firm U.S. economic data allayed fears of a recession in the world's largest economy. The S&P BSE Sensex closed 1.68% higher at 80,436, while the NSE Nifty50 index ended above the 24,500 level."In the near term, Nifty may continue consolidating within the 24300-24550 range. Only a decisive move above 24550 could trigger a directional up move in the index. A buy-on-dips strategy may be more effective unless Nifty decisively falls below 24300," said Rupak De of LKP Securities.Here are 8 stock recommendations for Monday:
Economic Times

Limited exposure to Wall Street megacaps insulated us from drawdown: Arindam Mandal of Marcellus - 3 months ago
Marcellus' Global Compounders fund, managed by Arindam Mandal, has outperformed the S&P 500 by limiting exposure to megacap stocks. This strategy shielded the fund from recent market volatility.
Economic Times