Surprised by U-turns of market experts on TV: MS Dhoni - 6 months ago
Speaking at the launch of GapUp platform promoted by Rigi, Dhoni said, "I have also been investing in stocks. The way experts change their views on TV is surprising. They are bullish one day and bearish the next day." Dhoni is looking to replicate his mantra from cricket into investing.
Economic Times

Surprised with U-turns of market experts on TV: MS Dhoni - 6 months ago
Speaking at the launch of GapUp platform promoted by Rigi, Dhoni said, "I have also been investing in stocks. The way experts change their views on TV is surprising. They are bullish one day and bearish the next day." Dhoni is looking to replicate his mantra from cricket into investing.
Economic Times

PTC India to divest 100 pc equity in PTC Energy for Rs 2,021 cr enterprise value - 6 months ago
The company had invited bids for selling a 100 per cent equity stake in PTC Energy. ONGC emerged as the successful bidder with a cash bid of Rs 925 crore.
Economic Times

Karnataka Bank allots shares worth Rs 800 crore to 5 investors - 6 months ago
Karnataka Bank MD & CEO Srikrishnan H said in a statement: "We are happy to have completed a successful Capital raise through Pref Allotment of Rs. 800 crore to 5 Marquee Institutional Investors. This is a major step in our transformation journey providing us the growth capital that will facilitate all our developmental activities.”
Economic Times

RIL Q2 Results Preview: What to expect from conglomerate’s Retail, O2C & Telecom business - 6 months ago
India's leading conglomerate Reliance Industries operating performance is likely to improve in the second quarter ended September 2023 on the back of better refining margins. The oil-to-telecom major's earnings are slated to be released on Friday, October 27.
Economic Times

US stocks open lower as megacaps fall; economic data in focus - 6 months ago
The Dow Jones Industrial Average fell 18.76 points, or 0.06%, at the open to 33,017.17. The S&P 500 opened lower by 10.78 points, or 0.26%, at 4,175.99, while the Nasdaq Composite dropped 52.26 points, or 0.41%, to 12,768.97 at the opening bell.
Economic Times

Explained: Who is Baap of Chart and why is Sebi cracking down against finfluencers - 6 months ago
Sebi received a complaint against Ansari claiming that he has been looting retail traders by showing assured returns. Although he himself has been making losses, Nasir has assured his students returns with a 100% guarantee. Ansari, who calls himself the Baap of Chart, on social media, has about 4.4 lakh followers on YouTube and more than 7 crore views. His X profile claims that he is managing a Rs 30 crore-fund and aims to take it to Rs 1,000 crore.
Economic Times

Market in turmoil, yet 4 smallcap stocks hit 52-week highs - 6 months ago
For the sixth consecutive trading session, the Sensex benchmark index closed in negative territory, with Thursday witnessing a significant drop of around 901 points, reaching 63,148. During these past six trading sessions, the index experienced an overall loss of approximately 3,300 points. While many stocks suffered during today's decline, four stocks from the BSE smallcap index stood out by hitting new 52-week highs.The 52-week high holds particular significance for traders and investors, serving as a vital technical indicator to evaluate a stock's current value and anticipate potential price fluctuations. This value represents the highest price at which a stock traded over the past year.
Economic Times

SBI aims to raise up to Rs 10,000 crore via bond sale - 6 months ago
Typically, the coupon rates – or interest paid to investors – for SBI’s bonds are the lowest in the banking sector, as the lender witnesses firm demand for its debt offerings, given its government ownership and status as the country’s largest bank
Economic Times

Breakout Stocks: How investors should trade Prism Johnson, Adani Wilmar and V-Mart on Friday - 6 months ago
Sectorally, selling was seen in auto, metals, oil & gas, and consumer durable stocks while buying was seen in utilities and power stocks
Economic Times

European Central Bank holds interest rates for first time since July 2022 - 6 months ago
The central bank for the 20 countries that use the euro left the rate it pays on deposits at a record-high 4.0%, reaffirming that the current level of borrowing costs may just be enough to tame inflation if kept there "sufficiently long".
Economic Times

Weak market sentiments dent IRM Energy listing. What should investors do? - 6 months ago
Contrary to expectations, shares of IRM Energy made a muted debut on the exchanges by listing at a 5% discount. Most analysts were expecting a marginal premium debut.
Economic Times

Tech View: Nifty poised to break below 200-DMA. What traders should do on Friday - 6 months ago
Open Interest (OI) data showed that on the Call side, the highest OI was at 19,000 followed by 19,100 strike prices, while on the Put side, the highest OI was at the 18,500 strike price.
Economic Times

MRF, Tata Motors among 5 stocks with RSI trending down - 6 months ago
The Relative Strength Index (RSI) is a powerful indicator of stock momentum. In this article, we explore why RSI is vital for investors and spotlight five stocks that have witnessed declining RSI trends, offering insights for potential investment decisions.
Economic Times

Avenue Super marts among 7 stocks that surpassed 50-day SMA - 6 months ago
Several large and midcap stocks showcased noteworthy movements by surpassing their 50-day SMA, signaling potential shifts in their stock trends.
Economic Times

Bombay Burmah Trading Corporation among 3 overbought stocks with RSI above 70 - 6 months ago
Investors keen on making informed decisions understand the significance of tracking Relative Strength Index (RSI) levels. In this article, we highlight three stocks currently trading in the overbought zone and delve into the importance of RSI in assessing stock movements.
Economic Times

Tata Elxsi, IDFC First Bank, 7 more stocks cross 100-day SMA - 6 months ago
Several major stocks made significant moves by surpassing their 100-day SMA, signaling potential changes in their stock trends.
Economic Times

For volatile markets bearish bias: 5 largecap stocks from different sectors with upside potential of up to 40% - 6 months ago
Ranging from high valuation to event risks in the current quarter in terms of state elections, the global issues, both geo- political tension and high probability of hike in US interest rates. These all things were being ignored by the markets as the liquidity was ensuring that markets move upward very sharply. Finally, markets are waking up to some reality, there is a very likelihood that as adjustment of the global flows continues to happen, we might have more volatile movement. During this phase, if one is looking for investing, it might be better to stick with large caps as they would be better placed weather the volatility. 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

Tata Elxsi, 2 other stocks trading with RSI trending up - 6 months ago
This article delves into the Relative Strength Index (RSI) and its significance in assessing stock movement. It highlights three stocks that have witnessed an upward trend in RSI, providing valuable insights for potential investors.
Economic Times

Asian Paints, Honeywell Automation among 5 stocks with RSI below 30 - 6 months ago
Discover the significance of the Relative Strength Index (RSI) and its power in recognizing stocks trading in the oversold zone. We spotlight five stocks that have recently entered this territory, providing potential investment opportunities.
Economic Times

Mamaearth’s parent Honasa to launch IPO on Oct 31: 10 key things to know - 6 months ago
Mamaearth is a big part of India's cosmetic market in today's time, and its parent company - Honasa is all set to launch its IPO on October 31st, 2023. But why the company is coming up with the IPO? Gurgaon-based D2C company Honasa filed its draft papers in December last year and received Sebi approval for the same in August this year. The company will make a pre-IPO placement on October 30. Watch.
Economic Times

Asian Paints, Axis Bank among 5 Nifty stocks with golden crossover pattern - 6 months ago
This article explains the significance of the Golden Crossover, a crucial technical indicator, and identifies five stocks that recently experienced this bullish pattern. Investors can leverage this information to make well-informed investment decisions.
Economic Times

Sensex extends losses to 6th day, plunges 901 pts; Nifty near 18,850 - 6 months ago
Closing Bell: Sensex extends losses to 6th day, plunges 901 pts; Nifty near 18,850; M&M, Paytm drop 4% each
Economic Times

Bear wound deepens: Sensex plummets 901 points on global concerns; Nifty hits 16-month oversold mark - 6 months ago
The benchmarks have lost nearly 5% over the last six sessions, which pushed the Nifty into oversold territory for the first time in 16 months. The market capitalisation of all listed companies on the BSE declined by 3 lakh crore to Rs 306.22 lakh crore. From the Sensex stock, M&M, Bajaj Finance, Asian Paints, and Nestle were the top laggards, falling 3-4%. JSW Steel, Bajaj Finserv, and Titan also ended with cuts. While Axis Bank, NTPC, HCL Tech and IndusInd Bank ended with gains.
Economic Times

Rekha Jhunjhunwala raises stake in multibagger smallcap, exits these 2 stocks - 6 months ago
As per the shareholding data available on the BSE, Rekha Jhunjhunwala has reduced the stake in D B Realty to 1.21% in July in multiple tranches but took it to 3.37% on September 13, and finally reduced it to 1.99% at the end of the month
Economic Times

Nykaa, Bata India among 4 stocks that cross 200-day SMA - 6 months ago
Crossing the 200-day SMA is often viewed as a bullish sign, suggesting potential growth in the long term. However, investors should always conduct thorough research and analysis before making investment decisions.
Economic Times

For bearish bias in a volatile market: 5 largecap stocks from different sectors with upside potential of up to 40% - 6 months ago
Ranging from high valuation to event risks in the current quarter in terms of state elections, the global issues, both geo- political tension and high probability of hike in US interest rates. These all things were being ignored by the markets as the liquidity was ensuring that markets move upward very sharply. Finally, markets are waking up to some reality, there is a very likelihood that as adjustment of the global flows continues to happen, we might have more volatile movement. During this phase, if one is looking for investing, it might be better to stick with large caps as they would be better placed weather the volatility. 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

Nifty down 1,300 points from peak. Adani stocks, HDFC Bank among top losers - 6 months ago
Since September 15, when Nifty hit lifetime intra-day peak of 20,222.45 and Sensex 67,927.23, Tech Mahindra has been the biggest loser among bluechips with a 15% loss during the period. Wipro has shed 14% of its value while peer Infosys is down around 9% since then. Adani Enterprises has lost over 13%, Adani Ports 10% and RIL 9%. HDFC Bank, which recently completed a reverse merger with parent entity HDFC, is down 12%.
Economic Times

Advantage industrial recovery: 4 stocks from manufacturing sector with upside potential of up to 35% - 6 months ago
B2B is normally associated with the digital world, but there are many companies whose products go as consumable or what is commonly called as raw material in the manufacturing sector. So for companies which are into supplying industrial consumables it is not an easy task. However there is an advantage to it also. Once the supply contract is settled, buyers also don’t disturb their relationship with suppliers.
Economic Times

Two Adani stocks among 6 BSE 200 stocks hit 52-week low on Thursday - 6 months ago
The stock market witnessed significant activity as several BSE 200 stocks reached new 52-week lows on October 26.
Economic Times

Investors caught in a complex web of messy geopolitics & confused central banks - 6 months ago
Today, it’s in a dilemma: if it holds a positive real rate too high for too long, fears of recession would thicken; if it pauses, or lowers it could stoke inflationary pressures. Under the circumstances, chances are there could be another rate hike by the Fed in November.
Economic Times

Crypto Price Today: Bitcoin rises above $34,600; Dogecoin, Shiba Inu jump over 6% - 6 months ago
In the last 24 hours, the market cap of Bitcoin, the world's largest cryptocurrency, surged to $675 billion. Bitcoin's dominance is currently 53.24%, according to CoinMarketCap. BTC volume in the last 24 hours declined 27.1% to $24.14 billion.
Economic Times

Japan's Nikkei drops most in 3 weeks as chip stocks tumble - 6 months ago
The Nikkei's 200-day moving average of around 30,300 is a key level of support to keep an eye on, he added.
Economic Times

Zomato shares fall over 6% amid large block deal - 6 months ago
At 11.41 a.m., the stock was trading 5.6% lower at Rs 102.1 over its last day's closing price of Rs 108.1 apiece. However, the stock has surged over 70% year-to-date, while it rallied over 75% in the past six months. Meanwhile, the stock has declined nearly 24% in the past two years.
Economic Times

Jubilant FoodWorks shares tank over 6% post Q2 results. Should you buy, sell or hold? - 6 months ago
During the quarter, the pizza seller reported a 4.5% year-on-year (YoY) rise in its revenue from operations to Rs 1,344.8 crore as compared to Rs 1,286.8 crore in the year-ago period.
Economic Times

Sensex down 2,600 points in October as bear killer month turns out to be bull trap - 6 months ago
Wiping off over Rs 5 lakh crore of investor wealth in just one day, Sensex lost another 800 points today, taking the total loss in the month so far to 2,600 points. In terms of market capitalisation of all-BSE listed stocks, investors have been left poorer by Rs 9.8 lakh crore in the month.
Economic Times

BSE shares tank 11% after rallying 20% in 4 sessions - 6 months ago
The correction came after a 20% rally in the BSE shares over the last four trading sessions. On Wednesday, the stock also hit its 52-week high of Rs 1,828.
Economic Times

Sensex plunges 900 points, Nifty below 18,900; Adani group stocks tank up to 7% - 6 months ago
Indian shares fell on Thursday, dragged by information technology (IT) stocks after Tech Mahindra's disappointing earnings, while rising U.S. Treasury yields intensified fears of interest rates staying higher for longer. Sensex has lost 700 points, Sensex plunges 900 points, Nifty below 18,900; Adani group stocks tank up to 7%.
Economic Times

Bear attack! Sensex crashes nearly 900 pts, Nifty below 18,900; investors lose Rs 3.5 lakh crore - 6 months ago
"There is risk-off in global equity markets triggered by a combination of economics and geopolitics. The Israel-Hamas conflict continues to be a major headwind for markets. If the conflict lingers for long it has the potential to impact global growth, too, when the global economy is already in the midst of a slowdown," said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Economic Times

Bear attack! Sensex crashes 800 pts, Nifty below 18,900; investors lose Rs 3.5 lakh crore - 6 months ago
"There is risk-off in global equity markets triggered by a combination of economics and geopolitics. The Israel-Hamas conflict continues to be a major headwind for markets. If the conflict lingers for long it has the potential to impact global growth, too, when the global economy is already in the midst of a slowdown," said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Economic Times

Tech Mahindra shares fall 4% post Q2 earnings. Should you buy, sell or hold? - 6 months ago
Among foreign brokerages, Jefferies maintained an underperform view. In the domestic pack, Kotak Institutional Equities and Nuvama recommended a reduce stance on the counter while Motilal Oswal suggested a Neutral call.
Economic Times

ONGC, Tata Motors among 5 stocks with RSI trending down - 6 months ago
Over 100 stocks are trading with momentum indicator RSI trending down. ETMarkets has picked five stocks in this pack to give insights about their movement trends on October 25. 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

Bear attack! Sensex crashes 700 pts, Nifty below 18,900; investors lose Rs 3.5 lakh crore - 6 months ago
"There is risk-off in global equity markets triggered by a combination of economics and geopolitics. The Israel-Hamas conflict continues to be a major headwind for markets. If the conflict lingers for long it has the potential to impact global growth, too, when the global economy is already in the midst of a slowdown," said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Economic Times

Axis Bank Q2 earnings stable but headwinds to deposit growth remain. Should you buy? - 6 months ago
Private lender Axis Bank posted 10% year-on-year (YoY) growth in its standalone net profit at Rs 5,863 crore in the July-September period, which is also higher than the ET NOW poll estimate of Rs 5,800 crore. Net interest income (NII) during the reporting quarter rose 19% YoY to Rs 12,314 crore, compared with Rs 10,360 crore in the same quarter last year.
Economic Times

Bharat Petroleum: Bearish to sideways - 6 months ago
Bharat Petroleum’s daily trend is bearish to sideways. The RSI for monthly, weekly and daily is showing sideways momentum. Based on option chain analysis, the range is between 330 and 360. Let’s plan a trade around this.
Economic Times

Nifty Auto index stocks: Macro is EV & micro may be ICE; finally macro wins - 6 months ago
Did you inquire about buying an EV this festive season? If not then do it, because that will give you an idea of the whole chain in the auto space where to put your money. Also give an idea about what is hype and what real business is about. Real businesses finally eat hype for breakfast as macro finally wins the war of both, the valuations and cash flows and probably the decisive battle will start sooner than later.
Economic Times

Fundamental Radar: KPIT Tech well placed to revive long-term growth momentum, says Axis Securities - 6 months ago
Brokerage Axis Securities has initiated coverage on the stock with a “buy” rating and believes KPIT Technologies is well-placed to revive its growth momentum. The brokerage has a price target of Rs 1,500 for the stock.
Economic Times

Bear attack! Sensex tanks 600 pts, Nifty below 19k; investors lose Rs 3.5 lakh cr within 15 mins - 6 months ago
Among the Sensex stocks, Tech Mahindra and M&M fell around 2.3% each. Tata Motors, Bajaj Finserv, Bajaj Finance, Asian Paints, and Tata Steel also opened lower. Whereas only Axis Bank, HCL Tech, and IndusInd Bank opened higher.
Economic Times

Hot Stocks: Brokerages view on Jubilant FoodWorks, Axis Bank, Tech Mahindra and Sona BLW - 6 months ago
Jefferies recommended an underperform rating on Tech Mahindra and Motilal Oswal recommended a neutral rating on Sona BLW Precision Forging.
Economic Times

Sensex loses 400 points, Nifty below 19,000; MMTC cracks 5% - 6 months ago
Sensex sheds 400 points, Nifty below 19,000; MMTC cracks 5%, TechM 3%; Axis Bank, HCL Tech, Indusind Bank are some of the gainers in the morning trade.
Economic Times