Vodafone PLC to sell 9.9% stake in Indus Towers on Wednesday through block dealsITC Share Price - 5 months ago
​​The deal is valued at up to $ 1.09 billion, according to the term sheet.
Economic Times

Consolidation phase to continue for banks; SBI, HDFC remain preferred picks: InCred EquitiesState Bank of India Share Price - 5 months ago
​The domestic brokerage firm also stated that the bank managements are already adopting various means including driving staff KRAs and incentivizing employees towards higher deposit augmentation and the recent branch expansion of most banks in semi-urban/rural areas will drive the CASA deposits momentum
Economic Times

Germany-based ZF group likely to sell upto 5% stake in ZF Commercial Vehicle for Rs 1,423 croreZF Commercial Vehicle Control Systems India Share Price - 5 months ago
According to the term sheet, the German firm is likely to sell at a floor price of Rs 14,980, a 13.3% discount to Tuesday’s closing price Rs 17,277.15. The deal is expected to fetch Rs 1,423 crore to the promoter . Citigroup is the banker to the deal.
Economic Times

Tesla vs Tata Motors: Elon Musk's $56 billion salary more than TaMo revenueTata Consultancy Services Share Price - 5 months ago
Musk's compensation package not only outstrips TaMo but also surpasses the total revenues of other prominent Indian entities, including HPCL, SBI, Rajesh Exports, and TCS
Economic Times

Balrampur Chini Mills, Asian Paints among 5 stocks with short covering - 5 months ago
Short covering refers to the buying of shares in order to close an existing short position or a position that has been sold. Short covering signals a shift in view on security from extreme bearishness to bullishness. In Tuesday's trading session, five stocks saw top short covering. Here's the list:
Economic Times

Shriram Finance, M&M among 6 Nifty50 stocks that hit new 52-week highs on Tuesday - 5 months ago
Indian benchmark equity indices finished at record closing highs for the third session in a row on Tuesday, led by gains in technology firms and private banks, and boosted by strong domestic inflows as well as a climb in global equities. Meanwhile, in Tuesday's trading session, six stocks from the Nifty50 index hit fresh 52-week highs. Here's the list:
Economic Times

D-St investors richer by over Rs 2 lakh crore as Sensex, Nifty extend record runWipro Share Price - 5 months ago
Indian benchmark indices Nifty50 and Sensex hit fourth consecutive record highs on Tuesday, driven by banking and IT stock gains, amid positive global market trends. Sensex rose 308 points to 77,301, while Nifty gained 92 points to 23,558.
Economic Times

Fosun is said to plan block deals to pare stake in Gland PharmaGland Pharma Share Price - 5 months ago
The listed arm of billionaire Guo Guangchang’s Fosun International Ltd. holds about 58% of Gland Pharma, which has a market value 303 billion rupees ($3.6 billion). It will carry out more block sales in the coming months to shore up its balance sheet unless buyout firms make an offer, the people said.
Economic Times

For risk takers with medium term perspective: 5 midcap stocks from different sectors with upside potential of upto 38% - 5 months ago
Contradictions are part of the market, but there are times when it is extremely important to understand how to manage those contradictions. What is the contradiction in the markets today ? Desire to buy and valuations. As the political dust settles and things go back to normal, desire to buy midcap stocks is once again high and the contradiction is that valuations which have been at elevated levels are inching only higher as the stock prices built in any positive news very sharply. The trouble is that if one does not invest then FOMO gets triggered and if one gets into stocks which are moving upward due to narrative then the risk of what happened in March this year becomes high for the portfolio. What is the solution, more check and balances, invest with a long term time frame so that in the corrective phase, there is no reason to sell in panic.
Economic Times

Ixigo shares jump 20% after a robust debut at the bourses. Should you hold or book profits?JM Financial Share Price - 5 months ago
The impressive listing performance of Le Travenues Technology indicates the overwhelming investor response during the IPO, which saw a subscription rate of 98 times. Net proceeds from the offer are supposed to be utilised for funding working capital requirements, investments in tech, funding inorganic growth through acquisitions and other strategic initiatives and general corporate purposes.
Economic Times

Demat account for minors: How to open with Zerodha, other brokers? Check documents required, other details - 5 months ago
Teaching minors about stock markets, demat accounts, and investment strategies is crucial for financial discipline and smart money management.
Economic Times

These 5 smallcaps stocks turned multibagger in a years, held by more than 100 MFs - 5 months ago
Over the past year, several small-cap stocks have seen remarkable growth. During this time, the benchmark Sensex index rose by about 22%, while the BSE SmallCap index soared around 60%. To offer more confidence in small-cap stocks, ETMarkets identified 14 small-cap stocks held by over 100 mutual fund schemes. Notably, five of these stocks have surged over 100% in the past year. (Data Source: ACE Equity, ACE MF)
Economic Times

F&O stocks: ABB India, Petronet LNG among 5 stocks with short buildup - 5 months ago
​In Tuesday's trading session, the following five stocks witnessed a build of fresh short positions. Let's first understand how this conclusion is reached that whether the stock has seen a buildup of fresh short position or not.
Economic Times

Paytm shares fall 3% amid reports of talks to sell movie ticketing business to ZomatoZomato Share Price - 5 months ago
If the deal goes through, it will be among the largest buyouts for Zomato after it acquired Uber Eats in 2020 and took over quick commerce platform Blinkit in 2021 in an all-stock deal valued at Rs 4,447 crore.
Economic Times

Godawari Power & Ispat announces Rs 301 crore buyback, shares surge 6% - 5 months ago
Godawari Power & Ispat shares surged 6% on BSE to an all-time high after approving a Rs 301 crore share buyback. Som Distilleries shares dropped 16% due to a Madhya Pradesh plant issue.
Economic Times

Tesla vs Tata Motors: Elon Musk's $56 billion salary more than TaMo revenue - 5 months ago
Musk's compensation package not only outstrips TaMo but also surpasses the total revenues of other prominent Indian entities, including HPCL, SBI, Rajesh Exports, and TCS
Economic Times

For risk takers with medium term perspective: 5 midcap stocks from different sector with upside potential of upto 38% - 5 months ago
Contradictions are part of the market, but there are times when it is extremely important to understand how to manage those contradictions. What is the contradiction in the markets today ? Desire to buy and valuations. As the political dust settles and things go back to normal, desire to buy midcap stocks is once again high and the contradiction is that valuations which have been at elevated levels are inching only higher as the stock prices built in any positive news very sharply. The trouble is that if one does not invest then FOMO gets triggered and if one gets into stocks which are moving upward due to narrative then the risk of what happened in March this year becomes high for the portfolio. What is the solution, more check and balances, invest with a long term time frame so that in the corrective phase, there is no reason to sell in panic.
Economic Times

Stock market scam: 70-year-old Thane resident loses Rs 2 crore in WhatsApp fraud - 5 months ago
A 70-year-old from Kolshet, Thane, Maharashtra, lost Rs 2 crore in a stock market scam after being added to a WhatsApp group by unknown individuals. The group, highlighted by The Times of India, touted share trading tips and high returns. Its administrator falsely posed as a representative of a Chicago-based investment giant, enticing traders with purported opportunities.
Economic Times

RVNL shares rise 4% on winning Rs 160 crore project from East Coast RailwayRail Vikas Nigam Share Price - 5 months ago
RVNL's shares rose 4% after securing a Rs 160 crore order from East Coast Railway for an automatic block signalling system. The company also won contracts from NTPC and South East Central Railway, contributing to its strong financial performance.
Economic Times

ETMarkets x AIF & PMS: India's largest summit on alternative investing funds and portfolio management services - 5 months ago
Join the ETMarkets x AIF & PMS Conclave 2.0 on June 19-20, 2024, for expert insights into alternative investments and portfolio management schemes. Designed for high-net-worth individuals (HNIs) and investment professionals, this virtual event will offer strategies, trends, and market analysis to enhance your portfolio and stay abreast with market trends.
Economic Times

Nomura raises M&M stock target prices, sees upside potential of 13.5% - 5 months ago
​Global brokerage firm Nomura has increased the target price for Mahindra & Mahindra (M&M) shares to Rs 3,374 from an earlier Rs 2,929 as the company has set bold targets across the group to scale up over FY25-30.
Economic Times

Ixigo share price jumps over 13% after listing at healthy premium - 5 months ago
Shares of Le Travenues Technologies' travel platform Ixigo surged 13% from Rs 135 to Rs 152.21 on BSE after a strong listing. The company's AI-powered operations provide a competitive edge in the online travel sector.
Economic Times

How ‘Mehengai’ impacts your real rate of return - 5 months ago
Inflation impacts stakeholders like companies, investors, and the economy. Central banks manage inflation. Real Rate of Return is crucial for investment performance.
Economic Times

Japan's Nikkei ends firmer as investors buy shares after sharp drop - 5 months ago
Japan's Nikkei share average rose 1% at 38,482.11 on Tuesday, rebounding from a 1.8% drop the previous day. Tokyo Electron and TDK saw significant gains, while uncertainties about the Bank of Japan's policy path affected investor sentiment.
Economic Times

Nykaa shares jump 3% as management remains positive on growth. Should you buy, sell or hold?FSN E-Commerce Ventures Share Price - 5 months ago
Shares of FSN E-commerce Ventures, Nykaa's parent company, rose 3% on BSE to Rs 176.60 after an investor meeting where management expressed confidence in business growth. They anticipate healthy GMV growth in BPC, targeting mid-to-high 20s over FY2024-28E. Fashion business is expected to break even by FY2026. GCC expansion may require $3-5 million in capex medium-term.
Economic Times

Adani Ports tops global peers in market value as cargoes surgeAdani Ports & Special Economic Zone Share Price - 5 months ago
Adani Ports & Special Economic Zone Ltd.’s market capitalization has climbed to about $37 billion, overtaking peer Beijing-Shanghai High-Speed Railway Co. Rising cargoes and entry into India’s benchmark S&P BSE Sensex Index may extend its rally.
Economic Times

These largecaps have ‘strong buy’ & ‘buy’ recos with upside scope of over 19%Max Financial Services Share Price - 5 months ago
While one might be focussed what is happening in nifty and mid-cap space, if one looks at the recent performance of the large caps, there are a number of them which have done a catch up in just the last two weeks. When the valuation differential in mid and large caps stocks becomes extremely high, large caps tend to do well as mean reversion takes place. There is a high probability that we might see some of that happening in the next couple of weeks. Given the rotational trade which is taking place in the market, overall sentiment is likely to remain bullish. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". The screener applies different algorithms for all BSE and NSE stocks.
Economic Times

Som Distilleries shares tumble nearly 16% after children rescued from Madhya Pradesh plantSom Distilleries & Breweries Share Price - 5 months ago
Shares of Som Distilleries plunged by almost 16%, reaching a low of Rs 105 on the Bombay Stock Exchange (BSE) on Tuesday. This drop occurred following the National Commission for Protection of Child Rights (NCPCR) rescuing 50 children from the company's plant in Madhya Pradesh.
Economic Times

Musk plans stock option grants to Tesla's high-performers: Report - 5 months ago
Elon Musk plans to introduce stock-based compensation at Tesla following shareholder approval of his $56 billion pay plan. The company aims to provide stock option grants for exceptional performance and award spot option grants for outstanding contributions amidst sales slowdown and intensifying price competition from Chinese rivals.
Economic Times

Biocon, ABB India among 5 stocks with short buildup - 5 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 Tuesday's trading session, five stocks witnessed a build of fresh short positions. Here's the list:
Economic Times

Sebi plans tweaks to address derivative trading risks: Report - 5 months ago
India's markets regulator, SEBI, is considering tweaks to derivative trading rules to address risks from the explosive growth in options trading. The rules aim to regulate retail trading and involve discussions with fund houses.
Economic Times

Paytm shares surge 4% on talks to sell movie ticketing business to ZomatoZomato Share Price - 5 months ago
If the deal goes through, it will be among the largest buyouts for Zomato after it acquired Uber Eats in 2020 and took over quick commerce platform Blinkit in 2021 in an all-stock deal valued at Rs 4,447 crore.
Economic Times

Can Fin Homes, Samvardhana Motherson among 5 stocks with long buildup - 5 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 Tuesday's trading session, five stocks experienced a buildup of fresh long positions. Here's the list:
Economic Times

HAL shares rally 6% as Ministry of Defence to procure ‘Prachand’ helicoptersHindustan Aeronautics Share Price - 5 months ago
Shares of HAL soared 6% to reach an all-time high of Rs 5,484.20 on the Bombay Stock Exchange (BSE) during Tuesday's trading session. The surge came after the company disclosed that the Ministry of Defence has issued a request for proposal (RFP) to procure 156 Light Combat Helicopters from HAL.
Economic Times

These healthcare and pharma stocks may deliver more than 20% in one year - 5 months ago
Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
Economic Times

TRADERS’ CORNER: This largecap stock ready for 4% swing and PSU banks set to rise 7%Reliance Industries Share Price - 5 months ago
The markets closed at a lifetime high with the Nifty 50 index gaining 66.70 points (+0.29%). An energy major is set for an upmove post consolidation. RELIANCE stock may break out. Bank of Baroda Ltd eyes a breakout. Milan Vaishnav and Foram Chheda provide technical analysis.
Economic Times

Hot Stocks: Brokerage view on Zomato, M&M, Vedanta and InfosysZomato Share Price - 5 months ago
JPMorgan maintained an overweight rating on Zomato with a TP of Rs 208. The brokerage said Zomato has been successful in some acquisitions, like Uber Eats India, Runnr, and Blinkit, while Nomura maintained a buy rating on M&M and raised the TP to Rs 3,374.
Economic Times

Technical picks: LIC, Tata Investment Corporation among 5 stocks that can rally up to 17% in short term - 5 months ago
Domestic benchmark indices Nifty50 and S&P BSE Sensex opened at fresh record highs. Amid this unstoppable bull run, numerous analysts have provided their technical perspectives on several stocks, identifying potential gains of up to 17% in the near term. Here's a compilation of 5 tech picks:
Economic Times

Defence stocks rally up to 19%, Paras Defence and GRSE among top gainersParas Defence and Space Technologies Share Price - 5 months ago
Paras Defence shares advanced 19% to hit a fresh 52-week high of Rs 1,373.80 on BSE amid a block deal of 3.29 lakh shares, while PSU defence stock GRSE was also trading around 12% higher. Mazagon Dock, Cochin Shipyard, and Astra Microwave were also trading around 5-8% higher.
Economic Times

D-Street at record high! Sensex climbs 200 pts, Nifty above 23,500 on gains in IT stocks - 5 months ago
The BSE Sensex was trading 208 points, or 0.26%, higher at 77,196. The Nifty50 was up 69 points, or 0.30%, trading at 23,534 around 9:21 am.
Economic Times

FY24 threw 12 multibagger stock ideas with consistent earnings growth. Which ones to chase?Trent Share Price - 5 months ago
FY24 featured 12 multibagger stocks with consistent earnings growth in sectors like autos, capital goods, PSUs, power, and infra sectors. Experts shared valuable insights for investors looking to capitalize on market opportunities.
Economic Times

Japan's Nikkei trades 1% higher after sharp drop - 5 months ago
Japan's Nikkei share average gained 1% on Tuesday, rebounding from a sharp loss. The broader Topix also rose. Uncertainties about the Bank of Japan's policy path are impacting investor sentiment.
Economic Times

BOJ may raise rates in July depending on data, says Governor Ueda - 5 months ago
In a parliamentary address on Tuesday, Bank of Japan Governor Kazuo Ueda hinted at the possibility of an upcoming interest rate increase, contingent upon forthcoming economic indicators. Ueda emphasized the necessity for further evaluation to ascertain if underlying inflation trends align with the central bank's 2% target over the long term.
Economic Times

Asia shares push higher; Aussie firm ahead of RBA rate decision - 5 months ago
Asian stocks rose ahead of the RBA's policy decision, with expectations for the central bank to maintain rates and provide guidance on a potential easing cycle.
Economic Times

GameStop shares tumble after CEO says store network will shrink - 5 months ago
GameStop shares fell 11.6% after CEO Ryan Cohen hinted at operating fewer stores without detailing cash plans. Cohen aims for a more profitable business with a smaller network and value-added items.
Economic Times

A break above 23,500 may clear Nifty’s path to 24,000TVS Motor Company Share Price - 5 months ago
Technical charts, options data, and India VIX levels suggest possible consolidation for the Nifty within the 23,200-23,600 range this week. If the index anages to close decisively above 23,500, it could move towards 24,000, analysts said. M&M, TVS Motors, Bharti, Indian Hotels, ICICI Lombard, Cipla, JB Chemicals, harmabees, and Hindustan Zinc are some of the stocks recommended by the analysts for trading.
Economic Times

S&P 500, Nasdaq hit record closing highs ahead of data, Fed comments - 5 months ago
The S&P 500 and Nasdaq hit record highs fueled by technology shares and AI enthusiasm ahead of economic data and Fed speeches.
Economic Times

Quess Corp demerger process likely to complete within a year: ChairmanQuess Corp Share Price - 5 months ago
Quess Corp's demerger process, led by chairman Ajit Isaac, aims to unlock value at India's largest third-party staffing supplier. The company plans to file an application with the NCLT and has seen a 44% stock rally in the past year.
Economic Times

GIFT Nifty signals a positive start for D-Street. Here's the trading setup for today's sessionSun TV Network Share Price - 5 months ago
Domestic markets rose driven by global cues and domestic buying. Expectations for the next week are positive with macro trends, government spending, monsoon, and earnings support.
Economic Times

Building up a stake in HDFC Bank could bring a windfallHDFC Bank Share Price - 5 months ago
Investors looking for safer bets on Dalal Street could consider HDFC Bank but they would be better off putting money in the stock in installments over the next few months. HDFC Bank has been among the top picks of mutual funds, but the absence of big foreign purchases has kept a lid on the stock price.
Economic Times