Go First lenders can check out new offers - 6 months ago
"Among the creditors, a large public sector bank which is a key creditor wants more time since the approval to extend the process needs to be ratified by its board. So voting lines are still open for everyone, though some of the creditors have already voted," said a person aware of the process.
Economic Times

RBI seen using fund injections to lower money market rates - 6 months ago
"Banks have individually communicated with the RBI after the liquidity deficit widened significantly at the end of December. The money market rates had shot up, making it more expensive for borrowers to raise funds in debt capital markets," a source aware of the developments said.
Economic Times

Nifty looks strong; resistance at 21,800-21,850: Analysts - 6 months ago
After showing a sustainable upside bounce on Thursday, Nifty shifted into an up-move with volatility on Friday. An identical open and close pattern was formed on Friday, which indicates a type of doji pattern at the highs.
Economic Times

Wait Until Jyoti CNC IPO lists to evaluate its cutting edge - 6 months ago
Revenue grew by 26% annually to ₹929 crore between FY21 and FY23 while operating profit (Ebitda) rose 75% to ₹97.3 crore with an Ebidta margin of 10.48%.
Economic Times

Stock Radar: New 52-week high in Jan! Breakout from inverse Head & Shoulder pattern makes Divi’s Labs an attractive buy - 6 months ago
Short-term traders can look to buy the stock on decline up to Rs 4,000 levels, a crucial support and also closer to the neckline area of the inverse Head and shoulder pattern. An Inverse Head and shoulder pattern is the mirror image of the Head and Shoulder pattern and is a bullish signal.
Economic Times

Investing in 2024: Why you should continue to prefer SIP mode of investing - 6 months ago
But a key development that almost grabbed the attention of the street has been the huge acceptance of the Systematic Investment Plan (SIP) mode of investing. This is reflected in the inflows through SIP mode, which reached Rs 17,073 crore in November 2023 from Rs 13,306 crore in November 2022. This
Economic Times

Market Trading Guide: RIL, Bajaj Finance among 5 stock recommendations for Monday - 6 months ago
India's benchmark indices posted marginal gains on Friday but logged losses for the week, dragged by high-weightage IT stocks on weak earnings outlook and fading hopes of early US rate cuts in 2024. The NSE Nifty 50 fell 0.09% this week, while the Sensex shed 0.30%."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, Senior Technical Research Analyst, HDFC Securities.
Economic Times

Stronger parent company is key to sustained growth: 5 NBFC stocks with upside potential of up to 31% - 6 months ago
One change for making higher provision for unsecured loans and we see all the NBFC stocks tumbling. But four weeks later what is the situation, no one on the street is even talking about it and stocks have crossed the level when the announcement was made. The fact is that some regulatory measures are indicators of overall growth potential which the regulator is just trying to moderate in order to avoid overheating of some segment of industry. The other question is that an industry like NBFC which is bound to grow given the fact that capital was, is and will remain a scarce commodity, which are the benchmark which one should use to take exposure with a long term perspective.
Economic Times

The stars are aligned! Why FIIs will have to allocate more money to India - 6 months ago
India always had structural positives of the three Ds: Democracy, Demographics, and De-Regulation of industry. These helped Indian GDP and per-capita income levels grow from USD 500 to over USD 2600, a rise of 450% in USD terms in 30 years. Moreover, in the past few years, these have become even more important and stronger for India versus the rest of the world. Let us see how and why.
Economic Times

Looking for safety with a reasonable growth premium? 4 midcap stocks with right PEG ratio - 6 months ago
One of the biggest challenges which companies face is the right allocation of capital. Over a long term it is the right allocation of capital which determines whether a business is able to create shareholder returns or not. This becomes even more pronounced in the case of the mid-cap companies where resources are even more limited. When looking at mid-cap companies, look carefully at PEG ratio which in the long-term indicates many things in a better manner than most other alternatives like PE which tend to create a mirage of value.
Economic Times

7 curated stocks based on technical and fundamental strength for healthy returns in January - 6 months ago
Indian equity markets were off to a slow start in 2024 amid weak global cues. However, when investors pick stocks based on both technical and fundamental strength, the potential for healthy returns will be higher. Here are seven techno-funda stocks curated by Stoxbox that can rally up to 11%
Economic Times

For a long term investor with moderate risk appetite: 6 midcap stocks with right RoE and upside potential of up to 29% - 6 months ago
Buying quality stocks should be one of the basic principles while investing in markets. But when one is buying mid-cap stocks this principle becomes even more important for multiple reasons and specially at a time when valuations are not cheap and small corrections can lead to strong negative reaction in stock prices. Now how does one do it? Look at the underlying business which is best understood by going through its annual report and look at a certain basic ratio in order to figure out how much return that underlying business can generate in best and worst case.
Economic Times

FPIs infuse Rs 4,800 crore in equities in first week of Jan on strong economic confidence - 6 months ago
​Foreign Portfolio Investors (FPIs) continued their buying spree and poured close to Rs 4,800 crore in the Indian equity markets in the first week of January driven by confidence in the country's robust economic fundamentals.
Economic Times

8 midcap stocks will now be regarded as largecap after Amfi rejig. Do you own any? - 6 months ago
In the bi-annual review of the Association of Mutual Funds in India (AMFI), eight midcap stocks graduated to largecap status. These changes will be effective from February and will be valid till July this year. Here's a look. Source: Geojit
Economic Times

Explained: Follow these steps to make your dormant bank account regular - 6 months ago
A bank account tends to become dormant if a customer does not undertake any financial or non-financial transaction via that account over two years. Examples of non-financial transactions include requesting a credit card or chequebook, making a balance inquiry etc.
Economic Times

Mcap of 6 of top-10 most valued firms decline by Rs 57,408 cr; TCS, HDFC Bank major laggards - 6 months ago
​ The combined market valuation of six of the top-10 most valued firms declined Rs 57,408.22 crore last week, with Tata Consultancy Services (TCS) and HDFC Bank taking the biggest hit, in-line with muted trends in equities.
Economic Times

Tata Chemicals, GNFC among 5 stocks with top long unwinding - 6 months ago
Long unwinding refers to the selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness. In Friday's trading session, five stocks witnessed a top long unwinding. Here's the list:
Economic Times

Technical Breakout Stocks: How to trade Alok Industries, Sun Pharma and Endurance Technologies on Monday - 6 months ago
​Sectorally, buying was seen in IT, capital goods, telecom, and realty, while selling was seen in healthcare, consumer durables, metal, and utilities. Stocks that were in focus include names like Alok Industries which was up nearly 20%, Sun Pharma, which rose more than 9% to hit a fresh high, and Endurance Technologies, which closed with gains of nearly 10% to hit a fresh all-time high on Friday.
Economic Times

Tech Mahindra, BHEL among 5 stocks with top short covering - 6 months ago
Short covering refers to the buying of shares 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 Friday's trading session, five stocks saw top short covering. Here's the list:
Economic Times

8 midcap stocks will now be regarded as largecap after amfi rejig. do you own any? - 6 months ago
In the bi-annual review of the Association of Mutual Funds in India (AMFI), eight midcap stocks graduated to largecap status. These changes will be effective from February and will be valid till July this year. Here's a look. Source: Geojit
Economic Times

Q3 earnings, FII flows among 10 factors that will steer D-Street this week - 6 months ago
"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.
Economic Times

Best time for well-managed, large unlisted companies to go public: Raamdeo Agrawal - 6 months ago
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.
Economic Times

This SME IPO turned Rs 1 lakh to Rs 5 lakh within seconds. Do you own it? - 6 months ago
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.
Economic Times

FPIs invest Rs 4,773 crore in Indian equities in first week of January - 6 months ago
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.
Economic Times

Bajaj Auto, Chambal Fertilisers’ boards to meet on Monday to mull share buyback - 6 months ago
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.
Economic Times

Time to check in? 4 smallcap hotels stocks for taking exposure to booming tourism spend - 6 months ago
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.
Economic Times

Higher ability to deal with volatile markets: 6 largecap stocks with right mix of RoE & RoCE - 6 months ago
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.
Economic Times

AMFI rejig: Jio Financial earns largecap tag, Tata Tech gets midcap slot - 6 months ago
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.
Economic Times

Whole world believes in 'Modi ki Guarantee': Jaishankar praises PM at 'Viksit Bharat Sankalp Yatra' - 6 months ago
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.
Economic Times

12 smallcap stocks earned midcap status in latest Amfi rejig. Do you own any? - 6 months ago
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)
Economic Times

RBI’s hattrick bowls out potential risks in banks - 6 months ago
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.
Economic Times

Bill Ackman’s 10 rules to bet on to achieve success in investing - 6 months ago
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.
Economic Times

Apple is the least-loved big tech stock on Wall Street; here's why - 6 months ago
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)
Economic Times

Multibagger screener! This textile stock turns Rs 10,000 to nearly Rs 4 lakh in just 10 years - 6 months ago
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.
Economic Times

BSE, NSE holidays in 2024: Investors to enjoy 4 long weekends in first three months - 6 months ago
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.
Economic Times

Rs 8,800-crore worth block deals take place this week; ITC, Vodafone Idea among stocks with significant action - 6 months ago
In the largecap segment, 15 companies witnessed significant block deals which were worth Rs 5,729 crore, led by Kotak Mahindra Bank.
Economic Times

Sobha shares record 28% gains this week. Here's what triggered the rally - 6 months ago
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.
Economic Times

Investors trim upside options bets as 'euphoric' US stock rally stalls - 6 months ago
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.
Economic Times

Kotak Sec moves Bombay High Court against NSE directive - 6 months ago
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.
Economic Times

Apple’s reign as world’s top stock at risk from bumpy 2024 start - 6 months ago
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.
Economic Times

Wall St Week Ahead: High market hopes raise stakes as US stocks face inflation data, earnings - 6 months ago
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.
Economic Times

Wall Street ends topsy-turvy day marginally up - 6 months ago
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.
Economic Times

Equity Rush: Record 41.73 lakh demat accounts opened in Dec - 6 months ago
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.
Economic Times

Smallcaps usher in 2024 with a bang as over 100 stocks see double-digit weekly gains - 6 months ago
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.
Economic Times

Sebi bans naked short selling in securities market - 6 months ago
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.
Economic Times

Wall St inches up on megacap boost, robust jobs data weighs - 6 months ago
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.
Economic Times

SEBI bans naked short-selling, releases new circular; know impact on retail investors - 6 months ago
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.
Economic Times

US stocks open flat after hotter-than-expected jobs data - 6 months ago
The Dow Jones Industrial Average fell 4.92 points, or 0.01%, at the open to 37,435.28.
Economic Times

Realty, telecom among 5 sectors that witnessed highest FPI selling in December second half - 6 months ago
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)
Economic Times

Indian securitization market grows 20%, vehicle loans lead with 41% share: Crisil - 6 months ago
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.
Economic Times