Avenue Supermarts shares jump 4%. Should you buy, sell, or hold after Q1 results?Avenue Supermarts Share Price - 4 months ago
Avenue Supermarts' shares surged 4% to Rs 5,166 on BSE as Q1 revenue rose 19% YoY, driven by 14% area expansion and 4% productivity growth. Analysts highlight narrowing gaps in revenue per sq ft (up 4.2% YoY) and per store (up 4.7% YoY), signaling higher share from larger stores.
Economic Times

Zomato shares jump 4% to fresh all-time high on platform fee hikeZomato Share Price - 4 months ago
Zomato's shares surged 4% to a new high of Rs 232 on BSE after raising platform fees to Rs 6 per order in major markets like Bengaluru and Delhi. The firm, along with Swiggy, initially charged Rs 2 per order last year, later increasing it to Rs 5 in select markets. The recent price hike represents an increase of 20% from the Rs 5 the two platforms were previously charging in these markets.
Economic Times

HCL Tech shares surge 4% on Q1 profit beat. Time to hold or buy?Tata Consultancy Services Share Price - 4 months ago
HCL Technologies reports a 20% YoY growth in net profit, reaching Rs 4,257 crore for the quarter ended June 2024. Brokerages maintain positive views on the stock with target prices ranging from Rs 1,720 to Rs 1,850.
Economic Times

CDSL, and Nestle among 16 stocks trading ex-dividend from Tuesday. Last chance to buy!TTK Healthcare Share Price - 4 months ago
Dividends are distributed to shareholders listed in the company's database on the record date. With the T+1 settlement framework, the record date and ex-date align in most cases, except when a market holiday follows the ex-date.
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F&O Radar: Deploy Bull Condor in Nifty to gain from moderately bullish market outlook - 4 months ago
The Nifty50 index closed positively for the sixth consecutive week, surpassing the 24,500 mark for the first time. Analysts suggest a bullish outlook with caution on resistance levels.
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Technical picks: Wipro, Coforge among 6 stocks that can rally up to 32% in short-term - 4 months ago
The bluechip Nifty 50 and S&P BSE Sensex rose by 0.73% and 0.65% last week, respectively, led by IT stocks following market-leader Tata Consultancy Services's results, which signaled early signs of recovery in the sector. Meanwhile, several analysts have shared their technical perspectives on various stocks, identifying potential gains of up to 32% in the near term. Here's a compilation of 6 tech picks:
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Hot stocks: Brokerage view on HCL Tech and Avenue SupermartsHCL Technologies Share Price - 4 months ago
Nomura raised HCL Tech's target to Rs 1,720, citing Q1FY25 beat expectations. Investec, maintaining a sell view with a Rs 1,312 target, noted inline results with concerns over EBIT%.
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F&O Ban List: GMR Infra, GNFC among 11 stocks under trade ban on MondayPiramal Enterprises Share Price - 4 months ago
Eleven stocks, including ABFRL and GNFC, are banned from F&O trade for exceeding 95% MWPL. The ban lifts if OI falls below 80%. Trendlyne Friday data: GMR 223.3M (104.1% MWPL); Chambal Fertilizers 10.1M (86.3% MWPL). Index traders are unaffected. Sensex reached 80,893.51, closing at 80,519.34; while Nifty hit 24,592.20, closing at 24,502.15.
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Big movers on D-Street: What should investors do with RailTel, Axis Bank and HCL Tech?HCL Technologies Share Price - 4 months ago
Sensex and Nifty reached new highs, led by IT and tech stocks. RailTel surged 14.29%, Axis Bank 1.6%, HCL Tech 3.3%. Pravesh Gour from Swastika Investmart suggests RailTel targeting 700+ post-triangle breakout, Axis Bank 1400, HCL Tech has inversed head and shoulder, eyes 1600 resistance. RSI and MACD indicators noted.
Economic Times

Haven rush ‘Trump trades’ back on investor minds - 4 months ago
Post-assassination attempt on Trump, investors lean towards safe haven assets like the dollar, yen, franc, gold, and Bitcoin. Expect high volatility in S&P 500 futures and US Treasuries. Trump's fiscal policies and increased tariffs may boost the dollar. PredictIt data and Biden's debate performance significantly influence market confidence.
Economic Times

Australian shares hit record high as banks and miners gain - 4 months ago
Australian stocks hit record highs, driven by banks, miners, and healthcare. S&P/ASX 200 rose 0.9%. BHP, Rio Tinto, Woodside Energy, CSL, and Ramsay Health Care performed well. New Zealand’s S&P/NZX 50 fell 0.1%, awaiting inflation data. Technology stocks like Xero gained. The Reserve Bank of New Zealand held the cash rate but may ease policy.
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Rate derivatives: Banks seek hike in foreign investor cap - 4 months ago
Banks asked RBI to increase foreign OIS transaction limits post JP Morgan's index inclusion spiked demand. The ₹350 crore limit is near exhaustion at ₹11.3 crore by July 10, per Clearing Corporation. OIS transactions for hedging and rate bets settle in rupees, convert to US dollars. Foreign investors purchased $11 billion of Indian government bonds.
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GIFT Nifty signals a positive start for D-Street. Here's the trading setup for today's sessionSpiceJet Share Price - 4 months ago
Domestic markets rose for the sixth consecutive week, driven by strong IT earnings. Key results from Infosys and Reliance are awaited. Pre-budget talks may cause volatility. GIFT Nifty rose 67 points. India VIX fell. Nifty support is near 24,170. FII net buyers Rs 4,021 crore. Rupee up at 83.52. HDFC Life, Jio Q1 results. S&P 500 mixed. Dollar firm.
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Stock Radar | HOEC breaks out after 4-month consolidation; time to buy? - 4 months ago
“The stock witnessed a fresh breakout above the Inverted Head & Shoulder pattern on short term charts. Traders can buy for a target of Rs 278 in the next 1-2 months,” Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said.
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Tech View: Nifty looks strong to move up to 24,780 and 24,965Vedanta Share Price - 4 months ago
Analysts expect Nifty to continue its upward trend towards 24,780 and 24,965. Strong performance predicted for stocks such as ITC, HUL, and Reliance. Opportunities seen in oil & gas sector and IT stocks like HCLTech. Investors advised to monitor support levels and consider profit-taking.
Economic Times

Asian stocks mixed as dollar up on Trump-win bets: Markets wrap - 4 months ago
Asian stocks show mixed reactions to Trump's assassination attempt. US dollar rises, while S&P 500 contracts remain stable. Bitcoin reaches $60,000. Analysts discuss potential market implications and focus shifts to China's key rate decision.
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Stocks in news: HCL Tech, DMart, Jio Financial, HDFC Life, Kotak BankSpiceJet Share Price - 4 months ago
Domestic markets reached record highs. HCL Tech, DMart, Jio Financial, HDFC Life, Kotak Bank, HDFC AMC, and Angel One focus on results. Ashok Vaswani, Kotak’s new chief, stresses tech transformation. HCL Tech reports Rs 4,257 crore profit, Aurobindo Pharma plans share buyback, Blue Star's Rs 27,500 crore market growth projected. DMart profits Rs 774 crore. IREDA profits Rs 384 crore.
Economic Times

Stock Radar: HOEC breaks out from inverse Head & Shoulder pattern; likely to hit fresh 52-week highSMC Global Securities Share Price - 4 months ago
HOEC broke out from an inverse head and shoulders pattern after nearly four months of consolidation on daily charts. Experts foresee potential for the stock to reach around Rs 270 in the next 1-2 months. The stock hit a 52-week high of Rs 258 on August 11, 2023, but failed to maintain momentum, undergoing a correction for nearly 6 months.
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Railway stocks hit record highs ahead of Budget; How to trade IRCON, IRCTC and RailTel on Monday - 4 months ago
Indian market broke out of the range to hit fresh record highs on Friday. The S&P BSE Sensex rallied more than 600 points while Nifty50 closed with gains of 186 points.The S&P BSE Sensex hit a record high of 80,893 while the Nifty50 hit a lifetime high of 24,592 in intraday trade on Friday.
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Market Trading Guide: Wipro, IRFC among 5 stock recommendations for Monday - 4 months ago
Indian benchmark equity indices ended at record closing highs on Friday, led by IT stocks. The S&P BSE Sensex closed 0.78% higher at 80,519, while the NSE Nifty50 index ended above the 24,500 level."The short term trend of Nifty remains positive. Having moved above the hurdle of 24400 levels, there is a possibility of Nifty moving towards the next upside target of 24950 levels in the near term. Immediate support is at 24350," said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.Here are 5 stock recommendations for Monday:
Economic Times

Be bullish, just manage risks & desire; 5 midcap stocks for long term investors - 4 months ago
In a bullish market many things change and one of them is the relationship between opportunity and challenges. Given the way markets are panning out, yes there are opportunities to make returns in a short term. But the challenge is finding the right stock which not only delivers a return in the short term but is also worth holding in the portfolio for the long term. This challenge emerges from the fact that valuations are at a higher level and a small negative news can damage prices much more and time wise correction can lead to returns turning much lower. So, there are two things which need to be managed, first avoid the risk of getting into wrong stocks and second is manage the desire of making all the returns in the short term.
Economic Times

Budget Bets: Pushing sugar sector in the clean energy chain is good for politicians & industry: 5 sugar stock with upside potential of up to 25% - 4 months ago
After multiple attempts were made between 2001 and 2002, finally it was post 2015 that the sugar sector started witnessing a turnaround. Why is this turnaround special? Because all the stakeholders of the sector, the farmer, the industry, the politicians, and customers have been happier in the last nine years. Given the fact that sugar is a subject which comes under both state and central government, it is probably one of the most complex industries to make any changes. Another fact is among the industry which despite being in existence for ages, none of the stocks has been able to reach a level where they would be classified as large cap stocks.This typically happens in industries which operate in specific regions. But in the long run if the sugar industry becomes an integral part of the clean energy system then things might change.
Economic Times

Crorepati investors make up to 120% return with PMS funds - 4 months ago
Data compiled by PMS Bazaar shows that some of India's wealthiest investors, who chose to park their savings with PMS funds, have earned returns of up to 120% in just one year. Here are India's top 10 best-performing PMS schemes in the last year:
Economic Times

PC Jeweller to raise Rs 2,705 crore via warrants; promoters to infuse Rs 850 crorePC Jeweller Share Price - 4 months ago
PC Jeweller Ltd plans to raise up to Rs 2,705 crore by issuing warrants on a preferential basis to promoters and investors, mainly to settle bank loans and for working capital requirements. Promoters will infuse around Rs 850 crore into the company by subscribing to warrants issued by the company.
Economic Times

Budget Bets: Pushing sugar sector in the clean energy chain is good for politicians & industry: 5 sugar stock with upside potential up to 25% - 4 months ago
After multiple attempts were made between 2001 and 2002, finally it was post 2015 that the sugar sector started witnessing a turnaround. Why is this turnaround special? Because all the stakeholders of the sector, the farmer, the industry, the politicians, and customers have been happier in the last nine years. Given the fact that sugar is a subject which comes under both state and central government, it is probably one of the most complex industries to make any changes. Another fact is among the industry which despite being in existence for ages, none of the stocks has been able to reach a level where they would be classified as large cap stocks.This typically happens in industries which operate in specific regions. But in the long run if the sugar industry becomes an integral part of the clean energy system then things might change.
Economic Times

Infosys, HCL Tech among 5 stocks with long buildup - 4 months ago
A 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 Friday's trading session, five stocks experienced a buildup of fresh long positions. Here's the list:
Economic Times

Fund Manager Talk | Don't make lumpsum investment in this phase of bull market: Naveen KRJupiter Wagons Share Price - 4 months ago
With the Sensex and Nifty continuing to make record peaks every other day, this is the time to stick to SIP strategy and not enter the market with a lumpsum amount, says Naveen KR, smallcase Manager, Senior Director, Windmill Capital.
Economic Times

7 rail stocks delivered up to 28% returns last week. Do you own any? - 4 months ago
The week ending July 12 saw a significant rally in railway stocks ahead of the Union Budget scheduled for July 23. The surge in railway stocks last week followed news reports suggesting that the government may increase allocation for this sector in the upcoming budget. According to Ace Equity data, seven railway stocks delivered returns of up to 28% in the last week. Here's the list:The week ending July 12 saw a significant rally in railway stocks ahead of the Union Budget scheduled for July 23. The surge in railway stocks last week followed news reports suggesting that the government may increase allocation for this sector in the upcoming budget. According to Ace Equity data, seven railway stocks delivered returns of up to 28% in the last week. Here's the list:
Economic Times

Budget Picks: HAL, SBI among 39 stock ideas from Sharekhan - 4 months ago
The upcoming budget is expected to strike a good balance between fiscal consolidation, growth, and rural welfare schemes, supported by the RBI’s higher-than-expected dividend transfer.Given the resilience of the Indian economy, the focus would remain on quality spending by increasing the outlay for capital expenditure to sustain healthy growth.Domestic brokerage Sharekhan has expressed a constructive outlook on equities, with an overweight stance on key sectors including banks, industrial/engineering, automobiles, and real estate, and a tactical positive view on IT, Pharma, and selective specialty chemicals.Here are the stocks from across the sectors as suggested by the brokerage:
Economic Times

Tata Power, Dixon Technologies among 5 stocks with short buildup - 4 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 Friday's trading session, five stocks witnessed a build of fresh short positions. Here's the list:
Economic Times

Trump-victory trades to swell after shooting, investors say - 4 months ago
Saturday's shooting at U.S. former President Donald Trump's election rally raises his odds of winning back the White House, and trades betting on his victory will increase this coming week, investors said on Sunday.
Economic Times

6 equity mutual funds turn Rs 5 lakh one time investment into Rs 1 crore in 2 decades - 4 months ago
Six large-cap mutual funds have turned a lumpsum investment of Rs 5 lakh into Rs 1 crore over the last 20 years. Around 11 large-cap funds have completed 20 years of existence in the market.
Economic Times

​These equity mutual funds receive over Rs 3,000 crore inflows in June - 4 months ago
Around 10 equity mutual funds received more than Rs 3,000 crore inflows in June. There were around 627 equity mutual funds in the said time period.
Economic Times

Don't write off Modi stocks: More than half are back in full throttle, budget may bring more tailwinds for them - 4 months ago
It has been a sort of tradition that the last full budget of any government and also the interim government is focussed on garnering votes and generally fiscal prudence is kept aside. But in the case of the Modi government, both in the last full budget presented in 2023 and interim budget presented in 2024, fiscal prudence was maintained. Given that government revenues are on strong footing, even if the government announces some measure which on face of it might look to be politically correct. There is little chance that fiscal prudence would be kept aside and that is what matters in the end to the street. So, there is a possibility that Modi stocks, which have been the star performers in the first five months of 2024, will be back in the limelight. Don't write them off. More than half of them are already higher than what there was before the election results came in. The policy push may continue for lots of sectors which have been the focus area of this government.
Economic Times

M-cap of 7 of top-10 most valued firms soars Rs 1.72 lakh crore; TCS steals showTata Consultancy Services Share Price - 4 months ago
The 30-share BSE Sensex jumped 622 points, or 0.78 per cent, to settle at a record closing level of 80,519.34 on Friday. During the day, it zoomed 996.17 points, or 1.24 per cent, to hit an all-time high of 80,893.51.
Economic Times

Railway stocks hit record highs ahead of Budget; How to trade IRCON, IRCTC and RailTel on Monday? - 4 months ago
Indian market broke out of the range to hit fresh record highs on Friday. The S&P BSE Sensex rallied more than 600 points while Nifty50 closed with gains of 186 points.The S&P BSE Sensex hit a record high of 80,893 while the Nifty50 hit a lifetime high of 24,592 in intraday trade on Friday.
Economic Times

Mcap of 7 of top-10 most valued firms jump Rs 1.72 lakh cr; TCS steals showTata Consultancy Services Share Price - 4 months ago
The 30-share BSE Sensex jumped 622 points, or 0.78 per cent, to settle at a record closing level of 80,519.34 on Friday. During the day, it zoomed 996.17 points, or 1.24 per cent, to hit an all-time high of 80,893.51.
Economic Times

TCS, CDSL and 56 other stocks set to issue dividends, bonuses or stock splits this week - 4 months ago
TCS, CDSL, Amara Raja, and several other companies are expected to be in focus this week as they approach their record dates for dividends, bonus issues, and stock splits. The record date, set by companies, determines which shareholders are eligible to receive benefits such as buybacks, bonus issues, or stock splits.
Economic Times

​These 5 stocks witnessed a rise in prices with volumes in last 3 day - 4 months ago
ETMarkets analysis of BSE stocks with a market cap over Rs 3000 crore reveals that, over the past three sessions (July 10-12), five stocks have consistently shown increases in their prices, trading volumes, and delivery volumes, indicating higher investor interest in these stocks. (Data Source: ACE Equity)
Economic Times

Over 15 MF schemes slashed holdings in 6 stocks in June '24. Do you own any? - 4 months ago
According to ETMarkets' analysis, over 15 mutual fund schemes decreased their holding in six stocks in June 2024 from May 2024. Among these stocks, two saw a double-digit increase in their share prices in FY25, two performed negatively, and the other two showed flat performance. (Data Source: ACE MF). Check the list to see if you hold any of these stocks:
Economic Times

These 5 penny stocks surge over 20% in a week - 4 months ago
During the weekend ending July 12, Indian stock markets witnessed a modest weekly gain, with the Sensex rising about 0.65%. ETMarkets identified five penny stocks that experienced price increases more than 20% over the week. Our selection criteria focused on stocks with a market capitalization below Rs 1000 crore, a share price under Rs 20, and a last trading volume exceeding 10 lakh shares.(Data Source: ACE Equity)
Economic Times

Profit booking or another record high in Nifty this week? Track these 5 factorsGeojit Financial Services Share Price - 4 months ago
After six consecutive weeks of gains, the Nifty is experiencing mixed signals due to the anticipation surrounding the upcoming Budget and the ongoing earnings season. The Sensex managed to end the week 0.65% higher, while the BSE Smallcap index saw a slight decline of 0.26%. The June quarter earnings season began this week, and FII inflow into D-St crossed the Rs 15,000 crore mark in June.
Economic Times

Softbank exits Paytm at loss of around $150 millionOne97 Communications Share Price - 5 months ago
Softbank held around 18.5 per cent stake in Paytm before the company's initial public offering (IPO) in 2021. It held a 17.3 per cent stake through SVF India Holdings (Cayman) Ltd and 1.2 per cent through SVF Panther (Cayman) Ltd.
Economic Times

Softbank exits Paytm at loss of around USD 150 millionOne97 Communications Share Price - 5 months ago
Softbank held around 18.5 per cent stake in Paytm before the company's initial public offering (IPO) in 2021. It held a 17.3 per cent stake through SVF India Holdings (Cayman) Ltd and 1.2 per cent through SVF Panther (Cayman) Ltd.
Economic Times

Simple moat is good enough reason : 5 large cap stocks from different sector with right ratio matrix and upside potential of upto 38% - 5 months ago
There are many textbook definitions of the word “ moat”. But what it means in simple terms is that there has to be something in a business and the management which makes it different from others and also helps it grow faster and more importantly on a sustained basis. It is not a very complicated thing, just a look at some basic numbers, a look at what the company management had said 5 years ago, whether it has been achieved or not. For example, in sectors where the debt is normally high because of the nature of business, a company which has been able to grow while keeping debt at a lower level is positive and is surely a moat, while if one goes by strict textbook definition of moat it might not fit it.
Economic Times

FII buying in June crosses Rs 15,000 crore. Will IT results attract more inflow?Tata Consultancy Services Share Price - 5 months ago
While domestic investors, led by mutual funds, have been sustained buyers in all months of calendar year 2024 so far, FIIs have alternated between buying and selling.
Economic Times

SoftBank's stake in Paytm slips below 1%One97 Communications Share Price - 5 months ago
Paytm parent One 97 Communications has reported that domestic investors and mutual funds have upped their holding in the company, in the first quarter of FY25. Retail investors grew their stake by 1.3% in the quarter, while mutual funds upped their holding by 0.65%.
Economic Times

RVNL, Shipping Corporation among 10 stocks rally over 10% this week - 5 months ago
The week ended July 12 witnessed a big rally in sectors like railway, defence, shipbuilding companies and fertilizers, ahead of the Union Budget which is scheduled on 23rd July.The week also witnessed a jump in tea and rice stocks given the rising prices due to heat and flooding for the former and easing of export restrictions for the latter.Here is a list of top 10 BSE 500 stocks that gained over 10% this week:
Economic Times

Will mid and specialized IT companies pay more as the sector makes a comeback ? 6 Mid sized IT stocks with upside potential of upto 41% - 5 months ago
It was after a long period of time that IT stock made a comeback on Friday as reflected in the top gainers list which was dominated by IT stocks. Now the question is whether it is another false start or the Q1 results from TCS and HCL tech are reflecting the fact that the street has been more pessimistic on the sector than it was required. The answer to this would be clear in another couple of days, but the way they have been performing, there is a higher probability of it being more sustainable this time. The fact is IT companies are one of most researched companies in India. But the focus of that research is largely on TOP 5 five companies. While the fact is that the Indian IT sector is far bigger than just these companies. There are many niche areas where mid and small cap IT companies have been able to make their mark and a distinction needs to be made when looking at the sector and probably because the are not over owned by large institutional investor.
Economic Times