L'Oreal to buy 10% stake in Swiss skincare firm GaldermaNestle India Share Price - 4 months ago
L'Oreal will acquire a 10% stake in Swiss skin care firm Galderma from a group of major shareholders, the two companies said on Monday, as the French firm seeks a cut of the profits from the booming injectable cosmetics market.
Economic Times

Magnificent Seven set to shed $900 billion in value, led by Apple, Nvidia - 4 months ago
Apple and Nvidia led a sell-off in technology stocks on Monday as U.S. recession fears and Berkshire Hathaway's decision to cut its stake in the iPhone maker punctured a months-long rally in the sector.
Economic Times

Technical Breakout Stocks: Sun Pharma, Ajanta Pharma & JB Chemicals hit record high when Sensex falls 2,200 points - 4 months ago
The Indian stock market plunged over 1% for the second day in a row on Monday weighed down by US recession fears triggered risk-off sentiment.The S&P BSE Sensex plunged 2,223 points to close at 78,759 while the Nifty50 was down 668 points to close at 24,048.
Economic Times

Online trading platforms down for thousands of users, Downdetector shows - 4 months ago
Online brokerages including Charles Schwab and Fidelity Investments were down for thousands of users on Monday, according to outage tracking website Downdetector.com.
Economic Times

Dow sinks 1,000 points, extending a global rout, as worries deepen about a US economic slowdown - 4 months ago
U.S. stock markets plunged in early trading amid growing concerns of a recession, with the S&P 500 falling 4% following its worst week in over three months. The Dow Jones Industrial Average also took a significant hit, dropping 1,197 points or 3%. Meanwhile, the Nasdaq Composite experienced an even sharper decline, plummeting 5.5% and wiping out 15% of its value from last month's record high.
Economic Times

Japan's Nikkei enters bear market zone with 26% dip but Nifty down only 4% from peak - 4 months ago
While Nifty's nearly 4% fall from its peak over the last couple of sessions rests on imported factors, its Asian peer Nikkei 225 has plunged by 26% and entered a bear market on setback to its yen carry trade, following Bank of Japan's decision to hike policy rate by 25 bps.
Economic Times

Tech View: Nifty ends below 20-DMA. Here’s how to trade on Tuesday - 4 months ago
According to Nagaraj Shetti of HDFC Securities, the Nifty's short-term trend is significantly bearish, with weakness evident across various timeframes. The key support level to watch for further downside is around 23,625, which aligns with the 38.2% Fibonacci retracement level. On the upside, immediate resistance is anticipated at 24,250.
Economic Times

Wall Street 'fear gauge' posts record intraday jump as stocks slide - 4 months ago
Wall Street's most watched gauge of investor anxiety logged its largest ever intraday jump on Monday, as U.S. stock futures tumbled on rising fears the United States could be tipping into recession.
Economic Times

Sebi amends mutual fund rules to curb front-running, insider trading - 4 months ago
Capital markets regulator Sebi has amended mutual fund norms requiring Asset Management Companies (AMCs) to put in place an institutional mechanism to identify and deter front-running and insider trading in securities.
Economic Times

Adani Energy raises $1 billion; gets bids from US investors, sovereign wealth fundsAdani Energy Solutions Share Price - 4 months ago
India's Adani Energy Solutions raised $1 billion through a share sale, which got bids from U.S. investors and sovereign wealth funds, the power distribution company said on Monday.
Economic Times

Sebi proposes uniform timeline for credit, trading of bonus shares - 4 months ago
The current ICDR rules outline overall timelines for implementing a bonus issue. However, they do not specify exact timelines for the credit of bonus shares and the commencement of trading of these shares from the record date of the issue.
Economic Times

Vedanta, NMDC among 5 stocks with long unwinding - 4 months ago
Long unwinding refers to the selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness. In Monday's trading session, five stocks witnessed a long unwinding. Here's the list:
Economic Times

Rekha Rakesh Jhunjhunwala backed company raises Rs 37 crore in pre-IPO placementJM Financial Share Price - 4 months ago
Ace investor Rekha Rakesh Jhunjhunwala-owned Baazar Style Retail has raised Rs 37 crore from Volrado Venture Partners reducing the fresh issue size to Rs 148 crore from Rs 185 crore.
Economic Times

Holding on to cash, next market sell-off will be worst in lifetime, warns Jim Rogers - 4 months ago
Veteran investor Jim Rogers anticipates a severe financial collapse due to rising global debt. Rogers disclosed holding substantial cash reserves. Warren Buffett's Berkshire Hathaway also increased cash holdings to $277 billion following significant stock sales.
Economic Times

As smallcap index drops over 4%, Capitalmind warns of further correctionsV-Guard Industries Share Price - 4 months ago
The aforementioned showcases that the expansion of the P/E multiple of BSE Smallcap 250 in the last year is mostly due to the increase in price.
Economic Times

Nifty tests 50-DMA but slips below 30-DMA. What technical indicators suggestReliance Industries Share Price - 4 months ago
All 16 sectoral indices were significantly down, with Nifty Realty and Nifty Metal showing the poorest performance, both falling by over 4%. The market capitalization of all listed companies on the BSE dropped by Rs 17 lakh crore to Rs 440.16 lakh crore. The fear gauge India VIX surged by 59%, marking its largest spike since 2015.
Economic Times

These 7 smallcap bets of retail investors surge 200-400% in a year - 4 months ago
Retail investors' stock-picking strategies are quite compelling. In the past four quarters (from September 2023 to June 2024), they have raised their stakes in about 136 stocks from the BSE smallcap index, with 26 of these stocks becoming multibaggers within the year. ETMarkets highlights 7 smallcap stocks where investor wealth has tripled, as retail investors (with nominal share capital up to Rs 2 lakhs) have steadily increased their holdings throughout this period.
Economic Times

Maruti in top gear helped by CNG push, improving exportsMaruti Suzuki India Share Price - 4 months ago
Maruti’s market share remained stable at 41.6% in the first quarter. It showed traction in the multi-utility vehicle (MUV) segment where the company’s market share improved by 500 basis points to 61%. Notably, the volume of the Ertiga nearly doubled over the past year. The MUV segment makes up 14% of the total industry volume.
Economic Times

MF, retail investors' share in NSE stocks surges to all-time high, FII-DII gap smallest ever: PrimeinfobaseLife Insurance Corporation of India Share Price - 4 months ago
The share of Domestic Institutional Investors (DIIs) also increased to 16.23% from 16.07% during the quarter. Meanwhile, with Foreign Institutional Investors (FIIs) pulling out Rs 7,693 crore from the market during the quarter, their share declined to a 12-year low of 17.38%, down by 34 bps.
Economic Times

The yen connection: 4 Indian pharma stocks which benefit from the strength of Japanese yen with an upside potential of up to 15% - 4 months ago
Every event in the currency market has a twin impact, while some lose but there are others which also gain. But given the mayhem on the street and the narrative, the beneficiaries of that event are overlooked. Today as the unwinding of Yen carry trade takes place in the global market and global markets are melting, one is forgetting the fact that strength of the Japanese yen will help the Indian companies which are exporting to Japan. The reason, cost are in Indian rupee, sales are in Japanese Yen and when that money is converted to rupee, the exporting company will get more Indian rupees. While we export a number of goods, the most significant play is in the pharma space but only in some stocks as very few Indian pharma companies have exposure to the Japanese market given the fact that regulatory standards in Japanese markets are extremely high.
Economic Times

LTIMindtree and HCL Tech could rally 15-27% in 1 year: Positioned for strong growth amid GCC expansionLTIMindtree Share Price - 4 months ago
Global Capability Centers in India have experienced substantial growth over the past decade. From FY15 to FY23, GCC revenues grew at a CAGR of approximately 11%, while the top 5 IT services companies saw an 8% CAGR in revenue, albeit from a much larger base. This growth is also evident in headcount additions. From 2010 to 2023, GCC headcounts increased at a CAGR of 12%, compared to 8% for the top 5 IT companies during the same period.
Economic Times

Anand Mahindra's tip to stock investors amid market crash: Do pranayama, play the long game - 4 months ago
The billionaire businessman was responding to a tweet from 'Indian Tech & Infra' which said that "Stock market crashes all over the world. Indian stock market wipes out more than 10 lakh crore in a single day".
Economic Times

SoftBank plunges 19%, its biggest drop since 1998 IPO; $2.6 bn wiped off Masayoshi Son’s fortune - 4 months ago
Shares were down 8% Friday in Tokyo. Over two days, the technology conglomerate is down roughly 14%. Even after the recent plunge, Son is up about $2.7 billion from the $11.3 billion he began the year with, according to the Bloomberg Billionaires Index.
Economic Times

Rs 17 lakh crore vanish after Sensex & Nifty tumble, 6 reasons behind the crash - 4 months ago
Key factors behind stock market crash: Sensex and Nifty faced sharp declines amid fears of a US recession, yen carry trade unwinding, geopolitical tensions, overvaluation, and lackluster Q1 results. Blue-chip stocks like Tata Motors and Tata Steel suffered the most. The India VIX saw its biggest surge since 2015, indicating heightened market volatility.
Economic Times

Will Trump's return ignite a dollar debate as Fed prepares to cut rates and economic strain mounts? - 4 months ago
Republican presidential lead Donald Trump's views on the dollar's strength and the Fed's potential rate cut amid rising bankruptcies and debt could impact the dollar index and global markets significantly.
Economic Times

Sensex, Nifty at Budget-day lows. Should you buy the dip or wait for 10% correction? - 4 months ago
Stock market shifted from greed to fear due to concerns over the Yen carry trade unwind and a potential US recession. This has pushed the Sensex and Nifty below Budget-day lows, testing the buy-the-dip strategy. However, experts fear this could be the start of a deeper decline, potentially up to 10%.
Economic Times

Sun Pharma, Suzlon Energy among 5 stocks hitting new 52-week highs amid Monday's heavy sell-off - 4 months ago
The Sensex tumbled over 2,600 points on Monday, while the Nifty slipped below the 24,000 level amid heavy selling in blue-chip stocks. Despite the broad market downturn, five stocks from the Nifty500 index defied the trend and reached new 52-week highs during the trading session:
Economic Times

Rs 17 Lakh crore vanish after Sensex & Nifty tumble, 6 reasons behind the crash - 4 months ago
Key factors behind stock market crash: Sensex and Nifty faced sharp declines amid fears of a US recession, yen carry trade unwinding, geopolitical tensions, overvaluation, and lackluster Q1 results. Blue-chip stocks like Tata Motors and Tata Steel suffered the most. The India VIX saw its biggest surge since 2015, indicating heightened market volatility.
Economic Times

Nifty fear gauge India VIX jumps over 60%, biggest surge since 2015Geojit Financial Services Share Price - 4 months ago
Fearing a US recession, investors fled riskier assets, leading to a significant drop in Indian equity markets. The Sensex plummeted 2,600 points and the Nifty fell below 24,000 in early trading, due to heavy selling pressure on blue-chip stocks.
Economic Times

Israeli stocks extend slide, fall over 3% as fears of Iran attack mount - 4 months ago
The benchmark TA-35 Index slid as much as 3.1%, before trading 2.6% lower as of 10:24 a.m. in Tel Aviv. The gauge had slid 3.3% last week and is now at the lowest since February.
Economic Times

Buffett Indicator had warned of stock market bubble waiting to burstTata Motors Share Price - 4 months ago
The Buffett Indicator warned of the Indian stock market's overvaluation, hitting a peak of 150% of GDP. This was followed by a 2,600-point drop in the Sensex due to global concerns. Analysts believe further corrections could happen but see this as a short-term issue rather than long-term panic.
Economic Times

RailTel shares tumble 7% post Q1 earnings; brokerage maintains 'Sell' rating - 4 months ago
RailTel Corporation of India's shares fell by 7% following its June quarter results. The company reported a year-on-year increase in net profit but saw a sequential decline.
Economic Times

HUL, Lux Industries shares gain despite market crashUnited Spirits Share Price - 4 months ago
Glenmark Life Sciences, Hindustan Unilever, and Lux Industries saw their shares rise as Nifty and Sensex dropped over 3% on Monday. Glenmark soared 6.3%, Lux Industries increased 5.5%, and other stocks like Marico and Britannia posted gains. Market volatility persists amid global economic concerns and geopolitical tensions.
Economic Times

Taiwan stocks plunge more than 8% - 4 months ago
The Taiex, the weighted index on the Taiwan Stock Exchange, was down 8.35 percent at 19,830.88 by the close of morning trade at 1:30 pm (0530 GMT), with chip giant TSMC off 9.3 percent.
Economic Times

What was the reason behind Monday's market crash? Experts explain - 4 months ago
Market Expert Sunil Shah predicted an ‘early stability’ in the Indian market after Indian stock markets followed the global bloodbath. Indian markets experienced one of the worst falls on Monday, with both the indices Nifty and Sensex registering high losses during the opening trade.
Economic Times

European stocks hit near six-month low on US recession fears - 4 months ago
European equities hit a six-month low on Monday amid global market concerns over a potential U.S. economic downturn. The STOXX 600 index declined by 3.1%. Financial sectors experienced the most substantial losses. Galderma and OCI Global were notable exceptions, showing gains due to acquisition-related developments by L'Oreal and Woodside Energy, respectively.
Economic Times

Stocks trampled in stampede from risk, bonds eye rapid rate cuts - 4 months ago
Asian stock markets saw significant declines due to fears of an impending U.S. recession, leading investors to seek safer assets. The yen and Swiss franc strengthened, while bond yields fell. Weak July U.S. payroll data fueled expectations of rate cuts by the Federal Reserve. Major indices, including Japan's Nikkei, witnessed notable drops.
Economic Times

Unemployment rise spurs fears of slowdown, yet recession signals have been wrong - so far - 4 months ago
The U.S. saw an unexpected rise in unemployment last month, causing market drops and renewed recession worries. Established recession indicators like the Sahm Rule and inverted yield curve were questioned due to post-pandemic conditions. Federal Reserve Chair Powell emphasized the uniqueness of the current economic situation, highlighting complications in forecasting.
Economic Times

SBI shares drop 3% post Q1 results. Should you buy, sell or hold?State Bank of India Share Price - 4 months ago
State Bank of India's shares plunged 3% after it reported a standalone net profit of Rs 17,035 crore for the June quarter, marginally up from the previous year. Despite this, brokerages like Nomura, Jefferies, and Nuvama maintained their buy ratings, forecasting target prices between Rs 900 and Rs 1,030 amid stable asset quality and loan growth.
Economic Times

Markets around the world are rattled by fears of slowing US growth - 4 months ago
The drops followed a U.S. jobs report Friday that indicated that employers had slowed hiring significantly in July, with unemployment rising to its highest level in nearly three years. This deepened fears that the economy was cooling and that the Federal Reserve may have waited too long on cutting interest rates.
Economic Times

Tata Motors, ONGC among top losers as Nifty slips below 24,300 markUltraTech Cement Share Price - 4 months ago
Trading on Monday saw Tata Motors and ONGC shares fall by 5%, causing the Nifty 50 index to drop by 3%. Shares of Hindalco, Mahindra & Mahindra, and Tata Steel also declined. Britannia, Sun Pharma, and a few other stocks managed gains. The market was influenced by global economic concerns and potential US recession indicators.
Economic Times

Rs 17 lakh crore wiped off! US recession fears, 5 other factors behind Sensex's 2,600-pt fallGeojit Financial Services Share Price - 4 months ago
Sensex and Nifty faced sharp declines amid fears of a US recession, yen carry trade unwinding, geopolitical tensions, overvaluation, and lackluster Q1 results. Blue-chip stocks like Tata Motors and Tata Steel suffered the most. The India VIX saw its biggest surge since 2015, indicating heightened market volatility.
Economic Times

Amidst volatility and correction, top Nifty50 stocks analysts suggest buying this week - 4 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

Taiwan stocks plunge more than 8% in afternoon trade - 4 months ago
Taiwan stocks fell more than eight percent in the afternoon on Monday after poor US jobs data fuelled recession fears. The Taiex, the weighted index on the Taiwan Stock Exchange, had fallen 8.43 percent to 19,813.19 pm (0519 GMT) before morning trading closed, while chip giant TSMC had lost 9.52 percent. dhc/smw
Economic Times

Rs 14 lakh crore wiped off! US recession fears, 5 other factors behind Sensex's 2,600-pt fallGeojit Financial Services Share Price - 4 months ago
Sensex and Nifty faced sharp declines amid fears of a US recession, yen carry trade unwinding, geopolitical tensions, overvaluation, and lackluster Q1 results. Blue-chip stocks like Tata Motors and Tata Steel suffered the most. The India VIX saw its biggest surge since 2015, indicating heightened market volatility.
Economic Times

Japan's Nikkei 225 stock index sinks 10% in worst losses since 1987 - 4 months ago
The Nikkei index was down more than 3,500 points at 32,385.01 by midafternoon Monday in Tokyo.
Economic Times

Rs 10 lakh crore wiped off! US recession fears, 5 other factors behind Sensex's 2,400-pt fallGeojit Financial Services Share Price - 4 months ago
Sensex and Nifty plummeted as US recession fears caused investors to retreat from risk assets. Sensex opened over 2,400 points down, while Nifty fell below 24,300. All major sectoral indices were in the red, driven by economic uncertainties and geopolitical issues. Market capitalisation dropped by Rs 10.24 lakh crore.
Economic Times

Hot stocks: Brokerage view on SBI, Amara Raja and UPLUPL Share Price - 4 months ago
SBI showed healthy loan growth and stable asset quality with the lowest retail slippages among large banks. Its loan-to-deposit ratio is 69%, below the sector average. Core NIM improved by 6 basis points QoQ. Nuvama has a positive outlook, and fresh equity from SBI could address stock concerns.
Economic Times

Titan shares tank 8% after reporting a 1% YoY decline in Q1 PAT. Should you invest? - 4 months ago
Titan's shares dropped by nearly 7.5% following a 1% YoY decline in net profit for Q1 FY25, despite a 9.3% increase in revenue. Brokerages retain optimism, with target prices reaching Rs 4,100. Lower growth in the jewellery sector was offset by improved margins through cost optimization.
Economic Times

Rs 10 lakh crore wiped off! US recession fears, 5 other factors behind today's bloodbathGeojit Financial Services Share Price - 4 months ago
Sensex and Nifty plummeted as US recession fears caused investors to retreat from risk assets. Sensex opened over 2,400 points down, while Nifty fell below 24,300. All major sectoral indices were in the red, driven by economic uncertainties and geopolitical issues. Market capitalisation dropped by Rs 10.24 lakh crore.
Economic Times