"Benchmark indices ended the first week of 2024 with minor losses, and the midcap index ended the week with gains for the second consecutive week. Sectoral indices ended the week on a mixed note. Eight out of 12 sectors rose while four declined. The realty sector was the top gainer, rising more than 7%," Arvinder Singh Nanda, Senior Vice President of Master Capital Services, said.

Raamdeo Agrawal said this is the decade of the Indian capital market at at BCAS’ ReImagine 2024 event organised by Bombay Chartered Accountants Society. He urged the people to increase their allocation in equities.

Rs 1 lakh bet on this IPO has turned to Rs 5 lakh within seconds on Friday, as the shares of this company listed at a massive 367% premium. The IPO is from the SME space and the stock is Kay Cee Energy.

A further decline in US interest rates will likely increase FPI purchases in 2024, particularly in the early months in the run-up to the general elections and the largecaps will be major beneficiaries, said Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

If the board of directors of Bajaj Auto approves the buyback of shares, then it will be the second instance of the company buying back its shares in the last two years.

It might surprise the majority that the first sector to get re-rated post liberalization in 1991 was the “ hotel sector”. The reason, it was expected that both business traffic and tourist traffic to India would see a boom. In fact it did happen but then as usual , many new players entered and existing players in their wisdom took debt to expand presence and we saw the industry getting into trouble. It is almost after two decades that in covid and post covid, there has been a consolidation. Many builders who turned into hoteliers are the ones which have been moving out of business.

For a large majority of investors, when the word “ large cap” is used , it is stocks like HDFC bank, ICICI and other big names come to mind. The fact is that these stocks have moved into the mega cap category. There is another set of stocks which have now entered into large cap territory when it comes to market capitalisation but in terms of certain aspects of business, some of these are from sectors which are getting discovered or getting re-rated as if they are mid-cap stocks. Having exposure to them might appear to be risky, but then the possibility of reward is higher as more institutional investors take exposure to them.

The Association of Mutual Funds in India or AMFI, has made categorisation changes that might impact your investments. Following a semi-annual reshuffle, Jio Financial has entered the largecap club, while three recently listed stocks - Tata Tech, JSW Infra, and IREDA have made it to the midcap category after their recent gains.

In a recent speech at the 'Viksit Bharat Sankalp Yatra' in Thiruvananthapuram, External Affairs Minister S Jaishankar praised Prime Minister Narendra Modi and the government's work over the past nine years. Lauded the transformation in governance and public-dealing organizations. Stating that "Modi Ki Guarantee" means good governance and people-centric schemes.

The Association of Mutual Funds in India (AMFI) has effected various changes to the market cap status of various stocks as part of its bi-annual review. As many as 12 smallcap stocks have been upgraded from smallcap to midcap. These changes will be effective from February and will be valid till July this year. Here's a look. (Source: Geojit)

Recognizing the cyclical nature of the lending business, it becomes crucial to address potential risks during favourable periods when banks have the capacity to absorb the impact of new norms.

Activist investor Bill Ackman says to become a successful investor, it is imperative to maintain a fine balance between confidence and humility. Successful investors have a lot of different qualities like analytical thinking, emotional fortitude and patience. However, being self-confident is one of the key qualities that helps achieve success in the investment industry, he says.

Apple is the big tech stock with the least number of bullish recommendations, according to data compiled by Bloomberg. Nearly unanimously bullish on big tech, Wall Street is more cautious when it comes to Apple. The stock has attracted only 33 buy-equivalent recommendations. That pales in comparison to Amazon.com Inc.’s 68, Meta Platforms Inc.’s 66, and the 59 bullish ratings for Nvidia Corp. Recently downgraded by Barclays and Pieper Sandler, Apple faces concerns about iPhone demand, solidifying analysts' prudent stance. Take a look! (Source: Bloomberg)

If an investor had invested Rs 10,000 in Trident's stock 10 years ago and stayed put, the investment would have turned to nearly Rs 4 lakh, according to an analysis by ET Markets.

In January, exchanges will remain closed on January 26 on account of Republic Day, which is falling on Friday. Hence, there will be three consecutive days off for investors/traders following a long weekend of Saturday and Sunday.

In the largecap segment, 15 companies witnessed significant block deals which were worth Rs 5,729 crore, led by Kotak Mahindra Bank.

Sobha reported a 37% increase in sales bookings at Rs 1,951.6 crore in the third quarter of this financial year, mainly on the back of strong housing demand in Bengaluru. Its sales bookings stood at Rs 1,424.7 crore in the year-ago period.

The S&P 500 fell 1.7% in the first three trading days of the year, its worst stumble out of the gate since 2016. That comes after a surge in which the S&P 500 rose 11% during a dizzying fourth-quarter rally. The index gained 24% in 2023.

Kotak Securities has also made Sebi a party in the case. The division bench of Justice GS Kulkarni and Justice Jitendra Jain has allowed all the respondents to file their responses in the case and has posted the hearing for January 16. As per the court's website, Kotak Sec filed the case on November 24.

Apple shares fell 0.4% Friday to close at about $181 after the New York Times reported that the Justice Department is closer to filing an antitrust case against the company. The decline notched the fifth consecutive negative day for Apple, its longest losing streak since October.

Despite a shaky start to the year, the S&P 500 stands only around 2% below a fresh record high. Most investors have maintained a rosy view on everything from the U.S. economy and corporate profits to the Federal Reserve's monetary policy trajectory.

Investors have been cautious in the opening sessions of 2024, as they awaited further clarity on when interest rate cuts will begin, and how quickly they will happen.

The sharp rally across sectors and a historic 11 public offerings in December acted as catalysts, drawing retail investors into the stock market in significant numbers. The total number of investor accounts at the end of the month totalled 139.3 million.

About 12 smallcap stocks have gained over 25%, with Alok Industries being the topper with a 52% surge. It was followed by Sun Pharma Advanced Research, Inox Green Energy Services and Waaree Renewable Tech.

Institutional investors wouldn’t be allowed to do day trading, where in they square- off their transactions intra-day, Sebi said. The regulator said securities traded in the futures and options segment would be eligible for short selling. The list of eligible stocks would be revised from time to time.

A Labor Department report showed US employers hired more workers than expected in December, while raising wages at a solid clip. The unemployment rate held steady from November at 3.7%, compared with expectations of a 3.8% rise, while average earnings advanced 0.4% on a monthly basis, against forecasts of 0.3% growth.

The Securities and Exchange Board of India on Friday said that investors across all categories will be allowed for short-selling, but naked short-selling will not be permitted. Further, all stocks that trade in the futures and options segment are eligible for short-selling.

The Dow Jones Industrial Average fell 4.92 points, or 0.01%, at the open to 37,435.28.

In the second half of December, foreign investors divested wealth worth Rs 942 crore. Sectors like realty, telecommunication, and textiles experienced the biggest outflows. Meanwhile, financial services stocks remained the top pick of overseas fund managers in the last 15 days of December after witnessing record flows in the first part of the month. Take a look at the numbers: (Source: ET Bureau)

Pass through certificates (PTCs) accounted for 54% of the overall volume and direct assignment (DAs) comprised the rest. The volume of personal and business loan securitization doubled with 230 pools securitized.

Institutional investors will not be allowed to do day trading. This means all transactions would be grossed for institutional investors at the custodians’ level. The custodians, however, will continue to settle their deliveries on a net basis with the stock exchanges.

The largest tech stocks that lifted the US market last year are having a chilly start to 2024. Apple, Amazon, Alphabet, Microsoft, Meta Platforms, and Tesla, among others, have slipped in all trading sessions so far this year. But it's Apple that has taken the biggest slice of this bad pie.

The short-term uptrend status of Nifty remains intact, but the market is likely to find resistance around 21,800-21,850 levels in the coming sessions. A decisive move only above 21,850-21,900 levels could open the next upside target of 22,200 levels. Any dips from here could find support around 21,500, said Nagaraj Shetti of HDFC Securities.

The global brokerage firm has a “buy” rating for Paytm stock as it finds risk-reward favourable, especially after the recent underperformance. In the last three months, the stock has corrected 25%, whereas benchmark Nifty 50 gained 10%.

​ Dhampur Sugar Mills on Friday said its board has approved a buyback of 10 lakh fully paid-up equity shares at Rs 300 each in cash.

Benchmark stock indices Sensex and Nifty closed higher for a second straight day on Friday, following gains in IT, tech and capital goods shares amid fresh foreign capital inflows. After slipping briefly during the late afternoon trade, the 30-share BSE Sensex made a quick recovery and jumped 178.58 points or 0.25 per cent to settle at 72,026.15. During the day, it soared 308.91 points or 0.42 per cent to 72,156.48. The Nifty climbed 52.20 points or 0.24 per cent to 21,710.80.

Brokerage InCred in a recent report shared three stocks on which it has a reduced rating. The list includes some prominent names like IndiGo and Tata Steel. Look, what the brokerage said about these stocks:

Among the Sensex stocks, TCS, L&T, Infosys, HCL Tech, and HUL closed higher, while Nestle, JSW Steel, Kotak Bank, Sun Pharma, and Asian Paints ended lower. Suzlon Energy shares closed in 5% upper circuit after the company bagged a new order for the development of a 225-MW wind power project from Everrenew Energy Private Ltd.

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Europe's main stock markets lost ground in opening deals on Friday, as cautious investors awaited key US payrolls data. Attention now turns to the release later Friday of the closely watched non-farm payrolls report, which could play a major role in Fed decision-making. rfj/ach

Indian benchmark equity indices rose for the second session in a row on Friday, led by a jump in auto and IT stocks. Meanwhile, during this rally, six Nifty50 stocks hit new 52-week highs. Here's a list:

If one looks at reasons for the out-performance of stocks like TVS motors and Tata motors, a large part of it can be attributed to their moving early into EV space. Now let’s go back a couple of years. What dominated the headlines was the XYZ startup focused on EV space has become a unicorn because it has raised US $ 20 million at such and such valuations. Here we need to make a distinction between the total amount raised which will go into operation of the company and the valuations. The total amount which is real business is just Rs 150 crore, though the valuation has crossed more than a US $ one billion dollar. Valuations don't run business, they only get headlines. It is cash which a company will be able to pour into EV business and price wars which are bound to take place in the long term which will decide the final winner.

​The Board of Kaveri Seed Company has approved a buyback of shares worth Rs 325 crore through the tender offer route. The buyback price is fixed at Rs 725, which is at a 9% premium to the current levels.

"The company has subscribed to 3300,00,00,000 9% non-convertible redeemable preference shares of Re 1/- each of Alok Industries, for cash at par, aggregating Rs 3,300 crore," RIL said in a filing. The acquisition of these preference shares is a related party transaction approved by shareholders of RIL and is on an arm's length basis.

While Jefferies in its review of power utility stocks has said that the regulations will likely have a limited impact as it remained positive on the prospects of the sector. In its view, the regulated returns on equity (ROE) for the thermal power segment will remain unchanged at 15.5%.

According to stock exchange data from Taiwan, South Korea, India, Indonesia, the Philippines, Thailand and Vietnam, foreign investors bought a net $26.62 billion worth of stocks last year, the most since 2016.

Year 2024, started with contrarian buy call by note by a large foreign brokerage and the impact on the IT stocks is visible as they stand out in green territory. One of the basic principles of figuring out whether the stock prices have bottomed out or have topped out is how they react to the negative and positive news. It is after a long period of time that IT stocks have reacted to positive news. When news is bad and most are skeptical it is time to look at businesses which have a track record of delivering and have strong balance sheets but due to some reason out of favour. 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.

Bharat Electronics’s daily trend is bullish to sideways. The RSI for monthly, weekly and daily are showing bullish momentum. Based on option chain analysis, the range is between 160 and 190. Let’s plan a trade around this.

The number of new Demat account openings is directly proportional to the surge in stock prices. Typically, a bull market attracts more number of new investors and whenever the market hits a rough patch the number of active traders and investors also tends to decrease.

Through initial public offerings (IPOs), companies raised Rs 4,20,582 crore over 2013-2023, including both main board and SMEs. The year 2021 saw the highest fundraise from the primary market with Rs 1,19,469 crore in the last 11 years. Take a look: