Lemon Tree Hotels gains 23% in three months, should you stay invested? - 6 months ago
A key reason for this optimism is that the company is placed well among the listed mid-sized hotels to gain meaningfully from improving demand. A pick-up in the corporate travel, meetings, incentives, conferences and exhibitions (MICE), and a demand-supply mismatch in the mid-market segment augurs well for the hotel companies.
Economic Times

Sensex jumps 742 points, Nifty settles above 19,650; Star Cement soars 12%, Suzlon 5% - 6 months ago
Closing Bell: Broad-based buying drives Sensex 742 points higher; Nifty above 19,650; Star Cement soars 12%, Suzlon 5%.
Economic Times

Ratnamani Metals, CDSL among 5 overbought stocks with RSI above 70 - 6 months ago
On November 13, Monday, StockEdge signaled a surge as 40 stocks entered the overbought zone. ETMarkets hones in on 5 stocks riding the overbought wave, unraveling the significance of Relative Strength Index (RSI) and why investors should pay attention to stock movements in this zone.
Economic Times

ICC World Cup: 4 wealth management lessons from the cricket field - 6 months ago
Before stepping onto the investment pitch, establish your financial goal. It's your North Star, guiding every move you make.
Economic Times

Central Bank, UCO Bank among 5 stocks with RSI trending up - 6 months ago
On November 13, Monday, StockEdge unveiled a wave of upward momentum with over 15 stocks trending up. ETMarkets delves into the significance of the Relative Strength Index (RSI) and identifies 5 stocks poised for potential growth based on RSI movements.
Economic Times

Apollo Tyres among 5 stock ideas from MOSL for up to 21% upside - 6 months ago
Brokerage firm Motilal Oswal has listed potential stocks that can rally up to 21% in the near term. Take a look:
Economic Times

TCS, Tata Steel among 5 Nifty stocks with golden crossover pattern - 6 months ago
On November 15, Wednesday, Trendlyne highlighted a significant market trend – the Golden Crossover – across over 40 Nifty stocks. ETMarkets delves into the importance of this pattern and presents a curated list of 5 stocks that have recently experienced the Golden Crossover.
Economic Times

Tata Motors DVR, Trent among 5 largecap stocks that touched all-time high on Wednesday - 6 months ago
The rise of stocks to new all-time highs paints a vivid picture of the ever-evolving stock market. As per data available on StockEdge, five largecap stocks hit their all-time high levels in Wednesday's trade. Here is the list:
Economic Times

How India's biggest fund house SBI MF rejigged its portfolio in October - 6 months ago
SBI MF's prominent additions were Nazara Tech, Jubilant Food, and HDFC Bank. Its major reductions included Kotak Mahindra Bank, State Bank of India, and Axis Bank. Meanwhile, new entrants included Heidelberg Cement and Concord Biotech while Alembic was a complete exit. Here are the details on top additions and reductions during October:
Economic Times

For investors with slightly higher risk appetite: 4 smallcap stocks with upside potential of up to 32% - 6 months ago
After a phase of correction in which we saw sharp decline in the stocks prices, the small cap stocks segment has been able once again inch upward. Lower oil prices, softer inflation numbers are probably triggering this part of the rally. However, small caps are always the riskiest place to take espouse when it comes to equity. But it is also a space where if one is able to find the right stock at the right time, gains are much higher. So a space with the highest risk and highest reward. While risks are an integral part of the markets, one can not eliminate it but reduce it. How you do it, by putting additional criteria of quantitative and qualitative checks. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market.
Economic Times

ASK Automotive shares debut at 8% premium. Should you buy, sell or hold? - 6 months ago
Following the listing today, expert Shivani Nyati, Head of Wealth at Swastika Investmart recommended a hold on the counter with a medium-to-long-term view while suggesting a stop loss at Rs 290. The IPO came at a PE valuation of 45.63X, which she said was reasonably priced.
Economic Times

Rs 3 lakh crore Diwali bonus! Sensex jumps over 700 points. 6 factors behind the rally - 6 months ago
Led by strong participation from retail investors, the rally in smaller stocks showed no signs of slowing down as the Nifty Smallcap50 outperformed with a 1.5% jump. The post-Diwali rally made investors richer by about Rs 3.1 lakh crore as the total market capitalisation of all BSE-listed stocks jumped to Rs 325.2 lakh crore.
Economic Times

Siemens Ltd Demerger: Siemens AG to buy Siemens Energy's stake for €2.1 billion - 6 months ago
"This would increase Siemens’ stake in the publicly listed Siemens Ltd India from 51% to 69%, while Siemens Energy’s stake would decrease from 24% to 6%. With the intended acquisition, Siemens and Siemens Energy accelerate unbundling the business activities of the Indian subsidiary of Siemens," the company said in a statement.
Economic Times

Balkrishna Industries, Godrej Properties among 6 midcap stocks hit new 52-week high on Wednesday - 6 months ago
The Nifty50 opened higher on Wednesday by about 174 points or 0.9% at 19,618, led by banking, financial and IT stocks. During this rally, 6 midcap stocks managed to hit new 52-week highs. Here's a list:
Economic Times

F&O stock strategy: How to trade BHEL, SUN TV on Wednesday - 6 months ago
From a technical standpoint, the 19700 level remains a significant resistance for Nifty, while support is observed in the range of 19450-19400, said Shrey Jain, Founder and CEO, SAS Online.
Economic Times

Nifty IT index stocks: Is the valuation readjustment over or more timewise pain is left? - 6 months ago
Despite the fact in the last one year, only negative things have been said about IT companies, look at their stocks performance. Except one large IT stock which had been a perennial under performer, most of the other IT stocks are not very far from the highs they had touched almost two years back. Infact relative performance of some IT is far better than many of the stocks and sectors which have been headlines. While it might be contrarian buy, there is high probability that IT stocks perform better than most in bearish market conditions. 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.
Economic Times

PI Industries may regain momentum amid double digit growth guidance - 6 months ago
The revenue of the custom synthesis manufacturing (CSM) segment of the company increased by 27% to Rs 1,632 crore in the September quarter as it gained market share from glyphosate. CSM, which contributes over 75% to the revenue, is a unique business model where it provides product development services to innovator companies along with manufacturing in bulk scale. The revenue growth of the CSM business excluding the pharma acquisition was 22%.
Economic Times

Reaching the inflection point; 5 mid & smallcap cement stocks with upside potential of up to 36% - 6 months ago
First thing which happened after the monsoon got over was that cement companies were quick to raise the prices. While they do raise the prices, it is not done in such a short time after the lean season, also sometimes the noises which are heard from user industry like real estate and infrastructure companies when prices are raised were not heard this time. This is an indication of strong demand which in turn is an indicator of better growth. We take a look at what analysts are saying across cement companies. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters.
Economic Times

Siemens AG to buy Siemens Energy's stake in Indian unit for €2.1 billion - 6 months ago
September quarter shareholding pattern shows that Siemens Energy owned a 24% stake in Siemens Ltd, while Siemens International owned 47.70% in the company. The remaining 3.3% stake is owned by Siemens Metals Technologies, which is also a promoter group company.
Economic Times

MSCI Index Rejig: Paytm, IndusInd Bank, Suzlon among nine stocks included in Standard Index - 6 months ago
MSCI Index Rejig: Paytm, IndusInd Bank, Suzlon among nine stocks included in Standard Index — ET NOW's Soumeet Sarkar with more details.
Economic Times

PTC Industries shares hit 5% upper circuit on deal with Safran Aircraft Engines - 6 months ago
The first titanium casting parts for LEAP engines are scheduled to be delivered early in 2024 for the LEAP engine powering single-aisle jet.
Economic Times

ET Explainer: What is support & resistance for stock prices? - 6 months ago
Support is the price level of a stock below which it will not fall, supported by stronger demand. This means that when a stock is near its support, the market will buy the stock as it expects the stock to move up from this point. Conversely, Resistance is the price level above which the stock will not rise. This implies that when a stock is closer to its resistance level, the sellers are happy to sell, and buyers are less likely to buy.
Economic Times

M&M stock likely to sustain momentum helped by strong SUV demand - 6 months ago
The booking momentum for the SUV portfolio continues to remain strong. As a result, the overall order backlog has been expanding while its peers have shown depletion in fresh orders. M&M has been holding its SUV market share at 21% despite the rising presence of Maruti Suzuki India in the SUV segment.
Economic Times

Paytm shares gain 3% as stock makes entry into the MSCI India index - 6 months ago
The company which operates the fintech platform Paytm is expected to trigger passive inflows in India to the tune of $160 million according to Nuvama's estimates.
Economic Times

Siemens AG to buy 18% stake in Siemens Energy's Indian unit for €2.1 billion - 6 months ago
September quarter shareholding pattern shows that Siemens Energy owned a 24% stake in Siemens Ltd, while Siemens International owned 47.70% in the company. The remaining 3.3% stake is owned by Siemens Metals Technologies, which is also a promoter group company.
Economic Times

BofA Global Research no longer expects Fed rate hike in Dec - 6 months ago
The brokerage had previously forecasted a final 25 basis points hike.
Economic Times

MSCI rejig: 42 stocks find place in smallcap index, Vodafone Idea out - 6 months ago
In the MSCI EM Standard Index, India will witness 9 fresh inclusions with no exclusions. Post-rebalance, India's stock count will rise to 131. New entrants include IndusInd Bank, Suzlon Energy, Persistent Systems, APL Apollo, Polycab, Macrotech Developers, Tata Motors A, One 97 Communications (Paytm) and Tata Communications.
Economic Times

India's weightage climbs to its highest ever on MSCI Global Standard index - 6 months ago
This marks "a significant increase over the past three years, almost doubling its weight," Nuvama Alternative & Quantitative Research said in a note.
Economic Times

RVNL shares rise 4% on winning Rs 311 crore order - 6 months ago
The company also received the same work order from Western Railways for the Petlad-Bhadran (22.5 km) stretch of the Vadodara division. The order was valued at Rs 174.27 crore.
Economic Times

Manappuram Finance shares jump 10% on Q2 earnings - 6 months ago
The company also declared an interim dividend of Rs 0.85 per equity share of a face value of Rs 2. November 24, 2023, has been set as a record date to ascertain the entitlement of interim dividend.
Economic Times

Rs 3 lakh crore Diwali bonus! Sensex jumps over 600 points. 6 factors behind the rally - 6 months ago
Led by strong participation from retail investors, the rally in smaller stocks showed no signs of slowing down as the Nifty Smallcap50 outperformed with a 1.5% jump. The post-Diwali rally made investors richer by about Rs 2.8 lakh crore as the total market capitalisation of all BSE-listed stocks jumped to Rs 324.9 lakh crore.
Economic Times

ICICI Bank, Infosys among 6 Nifty50 stocks seeing aggressive new short positions - 6 months ago
The futures short position scan conducted on the last trading session i.e. November 13, showed that aggressive new short positions were taken on six Nifty50 stocks. This is a bearish indicator that shows the futures OI has increased while the price has decreased. (Source: StockEdge)
Economic Times

Get ready for 4% gains from a metal stock and a home solutions players - 6 months ago
After losing the grounds gained on the auspicious day, the Nifty slipped after opening weak, and closed with a loss.
Economic Times

Soft US inflation data sparks rally on D-Street; Sensex surges 600 points - 6 months ago
Data showed US consumer prices were unchanged in October, and the annual rise in underlying inflation was the smallest in two years. In the 12 months through October, the CPI climbed 3.2% - below economists' estimates - after rising 3.7% in September.
Economic Times

Suzlon Energy shares jump 5%, hit 52-week high on inclusion in MSCI India Index - 6 months ago
Suzlon Energy was among the nine stocks that will be added to the index as a part of the rejig which comes into effect from November 30.
Economic Times

Coal India, Eicher Motors among 5 Nifty50 stocks giving aggressive new long positions - 6 months ago
Futures long position scan revealed that aggressive new long positions were taken on some Nifty50 stocks in the last trading session i.e. on November 13. This indicates a bullish sentiment in these counters as the average traded and delivered quantity for 5 days, the cumulative open interest, and the price of the stocks have increased. (Source: StockEdge)
Economic Times

Soft US inflation data drives Sensex 600 points higher, Nifty above 19,600 - 6 months ago
Data showed US consumer prices were unchanged in October, and the annual rise in underlying inflation was the smallest in two years. In the 12 months through October, the CPI climbed 3.2% - below economists' estimates - after rising 3.7% in September.
Economic Times

ASK Automotive shares list at 8% premium over IPO price - 6 months ago
"We strongly believe that ASK Automotive gives allotted investors a long-term opportunity to hold and raid the growth in automobile sector. All allotted investors can hold for long term, while those who failed to get allotments, can accumulate on the listing day," said Prashanth Tapse, Research Analyst-Sr VP Research, Mehta Equities.
Economic Times

UBS is calling time on Indian stocks’ outperformance over China - 6 months ago
Stocks in China have currently priced in “lots of negatives,” making them poised for a sharp rebound when catalysts arrive, said Sunil Tirumalai, UBS’ global emerging market strategist. Meanwhile, earnings-based valuations for Indian shares are already at “fairly extreme levels.”
Economic Times

Fundamental Radar: Why does LIC’s valuation look undemanding despite structural challenges? - 6 months ago
On a year-to-date basis, the stock has given negative returns of nearly 12%, whereas the benchmark Nifty 50 has given positive returns of over 7% in the same period.
Economic Times

Chart Check: Contra buy? Down 30% from highs but channel breakout on weekly charts makes City Union Bank an attractive buy - 6 months ago
As long as the stock stays above 136-140, bulls will be able to make a comeback, suggest experts. If the momentum continues, the short-term target is placed around 160, they say.
Economic Times

Soft US inflation data drives Sensex over 500 points higher, Nifty above 19,600 - 6 months ago
Data showed US consumer prices were unchanged in October, and the annual rise in underlying inflation was the smallest in two years. In the 12 months through October, the CPI climbed 3.2% - below economists' estimates - after rising 3.7% in September.
Economic Times

Sensex jumps over 500 points, Nifty tops 19,600 - 6 months ago
Opening Bell: Sensex jumps over 500 points, Nifty tops 19,600; Manappuram surges 8%, NMDC drops 2%
Economic Times

IDBI Bank, Manappuram Finance among 5 stocks with RSI trending up - 6 months ago
Over a dozen stocks are trading with momentum indicator RSI trending up. ETMarkets has picked five stocks in this pack to give insights about their movement trends on November 13. RSI or the relative strength index computes the ratio of the recent upward traction in the stock price movement relative to its absolute price movement. The RSI value ranges between 0 and 100. Herein the StockEdge data takes into consideration the time period of 14 days to compute RSI. Furthermore, RSI also enables an understanding of the stock’s overvalued or oversold state. (Source: StockEdge)
Economic Times

Hot Stocks: Brokerage view on Indiabulls Housing, Grasim, Ashok Leyland and M&M - 6 months ago
Morgan Stanley maintained an overweight rating on Grasim Industries with a target price of Rs 1985.
Economic Times

Building more efficiency in the capital markets - 6 months ago
As there is a significant non-founder capital being put into businesses before they go public, an unlisted securities trading platform could be very useful, and could potentially open a new market segment.
Economic Times

Stocks in focus: Narayana Hrudayalaya, Grasim, Kalyan Jewellers, Wockhardt, Ethos and more - 6 months ago
GIFT Nifty on the NSE IX traded 20 points, or 0.10 per cent, lower at 19,728.50, signaling that Dalal Street was headed for negative start on Wednesday. Here's a slew of stocks that will be in focus today for various reasons.
Economic Times

MSCI Rejig: Suzlon, IndusInd Bank, Paytm & 6 other stocks included in India Standard index - 6 months ago
A lion's share of the inflows is likely to be lapped up by IndusInd Bank at $290 million followed by Suzlon at $264 million and Persistent Systems at $254 million, the Nuvama report said. The remaining stocks could see inflows between $227 million and $160 million in the pecking order.
Economic Times

Stocks to buy or sell today: Sun TV, BHEL among top 5 trading ideas for 15 November - 6 months ago
On the weekly options front, the maximum Call OI is placed at 19500 and then towards 19600 strikes while the maximum Put OI is placed at 19400 and then towards 19300 strikes.
Economic Times

Buy or Sell: Stock ideas by experts for Nov 15, 2023 - 6 months ago
ET Now spoke to various experts, and here's what they have to recommend for today's trading session. Kunal Bothra has a buy/sell recommendation on Canara Bank and Sun TV Network, while Nooresh Merani has a buy/sell recommendation on Federal Bank and Gail India for today's trading session. Check out the targets and stoploss.
Economic Times