Bajaj Finance, Tata Power among 5 stocks with long buildup - 6 months ago
A long buildup is when there is a rise in open interest and volumes along with an increase in the price of the underlying stock in the Futures and Options segment. The long buildup is the occurrence of a long (buying) trend in the share market. In Thursday's trading session, five stocks witnessed a build of fresh long positions. Here's the list:
Economic Times

Banking stocks drive Sensex 600 pts higher, Nifty above 22,300 - 6 months ago
From the Sensex stock, Bajaj Finance, Bajaj Finserv, ICICI Bank and Wipro opened with gains, while Maruti Suzuki, HCL Tech, Titan, Tech Mahindra, and Asian Paints opened with cuts.
Economic Times

Street Favourites! 6 largecap stocks with high analyst ratings that can deliver up to 35% returns - 6 months ago
Several brokerages are bullish on a number of stocks from different sectors, such as banking, financial, and FMCG. Trendlyne data shows that 6 S&P BSE Largecap stocks, including HDFC Bank, Bajaj Finance, and HUL have high analyst ratings and can deliver up to 35% returns. Here's a list of these stocks
Economic Times

ICICI Securities shareholders approve merger with ICICI Bank with 72% votes - 6 months ago
72% of shareholder votes favored the ICICI Securities-ICICI Bank merger. Concerns raised over alleged coercion of minority shareholders by ICICI Bank, prompting potential regulatory scrutiny on the voting process.
Economic Times

Fundamental Radar: Six factors make Gabriel India a good bet in auto component space - 6 months ago
Gabriel India, a leading shock absorber manufacturer in India, dominates various market segments, including electric vehicles. With plans for growth in overseas markets and product diversification, the company aims for higher revenue share from exports and enhanced technological capabilities.
Economic Times

Exchanges seek clarification from I-Sec, promoter ICICI Bank on reports of allegedly influencing minority investors - 6 months ago
ICICI Bank is under the fire for allegedly coaxing minority shareholders of ICICI Securities (I-Sec) to support the private lender's proposal to delist the broking and investment banking arm.
Economic Times

Banking stocks drive Sensex 350 pts higher, Nifty above 22,200 - 6 months ago
From the Sensex stock, Bajaj Finance, Bajaj Finserv, ICICI Bank and Wipro opened with gains, while Maruti Suzuki, HCL Tech, Titan, Tech Mahindra, and Asian Paints opened with cuts.
Economic Times

Hot Stocks: Brokerages view on Avenue Supermarts, Bajaj Finance, ICICI Bank and Sun Pharma - 6 months ago
Brokerage firm HSBC maintained a buy rating on Sun Pharma, Citigroup recommended a buy rating on ICICI Bank, JPMorgan has an overweight rating on Bajaj Finance and CLSA recommended a buy rating on Avenue Supermarts.
Economic Times

IDFC First Bank shares fall 3.5% as Warburg Pincus likely exits via block deal - 6 months ago
IDFC First Bank's shares dipped 3.5% as Warburg Pincus exited through block deals. The bank reported an 18.4% growth in net profit for the quarter, with investors clocking returns at 43% in the last one year.
Economic Times

SKS Power Resolution faces roadblock as HC orders CBI probe - 6 months ago
In an order dated March 19, the Allahabad High Court directed an investigation against SKS Power Generation (SKSPGL) and its affiliates for the illicit transfer of funds to two British Overseas Territories - the British Virgin Islands and Bermuda - through fictitious companies.
Economic Times

Big movers on D-Street: What should investors do with Maruti Suzuki, HDFC AMC and Adani Power? - 6 months ago
Stocks that were in focus include names like Maruti Suzuki, which rose 2.53%, HDFC AMC, which declined 0.36%, and Adani Power, whose shares fell 1.63% on Wednesday.
Economic Times

Stock investors have a new favourite on D-Street. It's not the Tatas, Adanis or Ambanis - 6 months ago
The market capitalisation of RPG Enterprises companies, led by Harsh Goenka, grew by a staggering 77% in FY24 to Rs 45,932 crore as of March 22, data by Ace Equity showed.
Economic Times

Piramal Capital set to add gold, micro business loans to portfolio next fiscal - 6 months ago
Sridharan said unsecured microfinance loans and low-ticket loans against property will be also introduced mostly in the first half of the next fiscal.
Economic Times

Yen on intervention watch; Asia shares subdued - 6 months ago
Markets were largely rangebound ahead of Friday's much-anticipated U.S. core personal consumption expenditures (PCE) price index data, the Federal Reserve's preferred measure of inflation. Few markets will be open to digest the new reading, however, given the long Easter weekend in many countries.
Economic Times

ABB India rallies to record highs as UBS raises stock's price target - 6 months ago
UBS said ABB is the best bet on the 'low-to-medium voltage electrification' theme despite near-term concerns over short-cycle order fatigue.
Economic Times

Trump's media company ticker leads to fleeting windfall for some investors - 6 months ago
Several people complained on social media about briefly seeing the value of their DJT stock holdings on Charles Schwab platforms inflated to figures more in line with what they would be worth if the shares traded at the level of the Dow Jones Transportation Average.
Economic Times

RBI gives banks and NBFCs a breather on AIF investments - 6 months ago
The RBI has said that provisioning will be required only to the extent of the RE's investment in the AIF scheme that is further invested in the debtor company, rather than on the entire investment in the AIF scheme.
Economic Times

Beta version of T+0 settlement to be launched today: All you need to know - 6 months ago
A 'beta version' will be implemented to ensure the smooth functioning of the shorter settlement cycle before its full-fledged launch.
Economic Times

US stocks gain, led by Dow as investors look for rate insight - 6 months ago
Merck & Co advanced 4.96% as the best performer on the Dow after the U.S. Food and Drug Administration approved its therapy for adults suffering from a rare lung condition.
Economic Times

Gift Nifty down 30 points; here's the trading setup for today's session - 6 months ago
Nifty futures on the Gift Nifty traded at 22,185, down 29 points or 0.13%, siganlling a negative start for Dalal Street.
Economic Times

RIL surges over 4% as Goldman raises target - 6 months ago
Reliance Industries is currently the largest company in India by market capitalisation, which is a little over ₹20 lakh crore.
Economic Times

Stocks in news: JSW Energy, IDFC First Bank, Zydus Life, Alkem Labs, Tata Elxsi - 6 months ago
JSW Energy's board to meet on April 2 to consider a proposal for raising of funds through the issuance of eligible securities of the company by way of private offerings or on a preferential allotment basis.
Economic Times

Stock Radar: Time to buy? Voltas set to start a fresh leg of rally as the heat soars up - 6 months ago
“Voltas stock has been making higher lows from the last five months and coming out of its upward sloping channel on weekly frame. Traders can buy for a target of Rs 1150 in the next 2-3 weeks, and a stop can be placed below 1075,” Shivangi Sarda, Analyst, Derivatives and Technical Research, Motilal Oswal Financial Services Ltd, said.
Economic Times

Stock Radar: Voltas finds support above 50-DMA; should you buy? - 6 months ago
Voltas stock shows resilience, hitting a 52-week high but facing resistance. With positive RSI, experts recommend buying for a target of Rs 1150 in 2-3 weeks, supported by stable trading near 50-DMA.
Economic Times

Olympus Capital Asia divests 9.8% stake in Aster DM Healthcare for Rs 1,978 cr - 6 months ago
According to the bulk deal data available with the BSE, more than 4.42 crore equity shares of Aster DM Healthcare were sold by Olympus Capital Asia Investments and 45.59 lakh shares by Olympus ACF Pte Ltd of the company. In a separate deal, Capital Group acquired shares of Aditya Vision, a financial services company, for Rs 95 crore.
Economic Times

Dow outperforms in thin trading week, 1% shy of 40,000-point mark - 6 months ago
Weighing on the tech-heavy Nasdaq, AI giant Nvidia shed 3.1%, leading losses among megacap growth peers. Traders see a 70% chance the Fed will begin its easing cycle in June, according to the CME FedWatch tool. Nine of the 11 major S&P 500 sectors were trading higher, with utilities and real estate leading gains, while information technology lagged.
Economic Times

Market Trading Guide: L&T, Indian Hotels among 4 stock recommendations for Thursday - 6 months ago
Indian shares rose on Wednesday, led by heavyweights Reliance Industries and HDFC Bank. The S&P BSE Sensex closed 0.73% higher at 72,996, while the NSE Nifty50 index ended above the 22,100 level."Nifty has formed an Inverted Head & Shoulder formation and now awaiting a breakout for the target of 22,640 while on the lower side, 21,900 will continue to act as a strong support," said Aditya Gaggar, Director of Progressive Shares.
Economic Times

StanChart Bank exits CDSL through a Rs 1,266-crore bulk deal - 6 months ago
According to exchange data, the bank has offloaded 75 lakh shares or 7.1% stake in the company at Rs 1,688.4, taking the deal value to around Rs 1,266 crore.
Economic Times

GameStop shares fall over 14% as video game retailer faces competition, weak spending - 6 months ago
​ GameStop's shares fell more than 14% on Wednesday, as the brick-and-mortar video game retailer reported a decline in fourth-quarter revenue on the back of a spending slowdown and rising competition from e-commerce firms.
Economic Times

Trump's media company shares gain over 18% on second day after stellar debut - 6 months ago
Shares of Trump Media & Technology Group rose more than 18% on Wednesday, extending gains from their stellar Nasdaq debut to the second day.
Economic Times

Warburg Pincus likely to sell entire 2.3% stake in IDFC First Bank via block deals: Report - 6 months ago
Warburg Pincus affiliate Cloverdell Investment may offload 15.9 crore shares. The floor price is set at Rs 75 apiece. Cloverdell is hoping to rake in Rs 1,191.40 crore through the sale, reports said.
Economic Times

Market Trading Guide: L&T, Indian Hotels among 4 stocks recommendations for Thursday - 6 months ago
Indian shares rose on Wednesday, led by heavyweights Reliance Industries and HDFC Bank. The S&P BSE Sensex closed 0.73% higher at 72,996, while the NSE Nifty50 index ended above the 22,100 level."Nifty has formed an Inverted Head & Shoulder formation and now awaiting a breakout for the target of 22,640 while on the lower side, 21,900 will continue to act as a strong support," said Aditya Gaggar, Director of Progressive Shares.
Economic Times

InterGlobe likely to sustain momentum on bourses amid improving demand for air travel - 6 months ago
​Analysts have increased the earnings per share (EPS) estimates of InterGlobe Aviation by 5-7% for FY25 amid expectations of rising yields in the coming quarters as the airline expands market share helped by rising demand. The stock has gained nearly 10% in the past five trading sessions taking the three-month return to nearly 21%.
Economic Times

Bank of England steps up scrutiny of private equity and bank valuations - 6 months ago
​The Bank of England said on Wednesday it was taking a deeper look at risks from the opaque private equity sector, and why valuations of Britain's main banks are "subdued" compared with international peers.
Economic Times

US stocks open higher as growth counters recover - 6 months ago
The Dow Jones Industrial Average rose 179.65 points, or 0.46%, at the open to 39,461.98.
Economic Times

Tech View: Nifty crosses 20-DEMA hurdle. What traders should do on Thursday - 6 months ago
Nifty on Wednesday formed a green candle on the daily chart. Analysis of the Open Interest (OI) data revealed the highest OI on the call side at the 22,400 strike price, followed by the 22,500 strike price. On the put side, the highest OI was observed at the 22,000 strike price.
Economic Times

Nifty Bank faces resistance around 47K for 4th session; what traders should do - 6 months ago
Kotak Mahindra Bank, Axis Bank, and HDFC Bank rose over 1% each while Bank of Baroda, PNB, SBI, and Bandhan Bank saw selling pressure. Bouncing back, Nifty Bank rose 185 points to close at 46,785
Economic Times

Technical Breakout Stocks: How to trade Lakshmi Machine Works, ABB India and Bajaj Auto on Thursday - 6 months ago
Sensex jumps over 500 points today. Capital goods, consumer durables, realty, and power stocks saw buying action while public sector, IT, metal and FMCG stocks saw selling pressure
Economic Times

Despite sharp rally in 12 months, Nuvama is bullish on these 6 smallcaps. Do you own any? - 6 months ago
The broader market, which was overheated, has seen a healthy decline and it appears that the price correction phase is over and will likely lead to a bottoming and a resumption of the bull phase, said Nuvama Research in a recent note. It also listed its top smallcap picks:
Economic Times

Sensex surges 526 points driven by RIL, HDFC Bank; Nifty tops 22,100 - 6 months ago
Small and midcaps gained 1% and 0.1%, respectively, but have dropped 4.5% and 0.8%, respectively, so far in March. The Nifty has risen 0.6%.
Economic Times

Explained: How will T+ 0 settlement change the way you trade - 6 months ago
In another bold move for the Indian stock market, Sebi is finally introducing the same-day or T+0 trade settlement for a limited set of securities from March 28. This new initiative will be introduced for 25 stocks with a limited number of brokers. The T+0 settlement option will only be available for trades executed between 9:15 am & 1:30 pm. In this video, understand the concept of T+0 settlement and how it differs from the current T+1 cycle.
Economic Times

From Tata Capital to Bigbasket: Tata Group plans 8 mega IPOs in bonanza for investors - 6 months ago
Tata Capital, the flagship financial services company of the Tata Group, is carrying on business as a non-banking financial company. The company and its subsidiaries are engaged in providing/supplying a wide array of services/products in the financial services sector and operates across various areas of business.
Economic Times

Investing in smallcaps in volatile times: Just do a bit of hard work and add a pinch of patience - 6 months ago
In a period where small-cap stocks underperformed significantly, leading to a situation where large investors were calculating their losses in their small-cap holdings, there would be a group of steadfast enthusiasts who continue to see potential in small caps. Investing in these stocks, even amidst turmoil, can be sensible for those prepared to maintain their investment for three to five years. However, it's crucial to recognize the distinction between high-quality and poor-quality businesses across the small, mid, and large-cap spectrums, as well as the difference between the intrinsic value of a stock and the overall value of the company. Certain niche small businesses may still generate significant returns over time if they are held long enough. On the other hand, if one's approach to small-cap investments is merely based on the absolute value of a stock with hopes of a tenfold increase, then it's a misconception. Stock market investing, whether in small, mid, or large caps, should not be driven by unrealistic expectations; otherwise, it leads to nothing but undue stress, rather than substantial returns.
Economic Times

Kotak Equities downgrades multibagger HDFC AMC, upgrades Aditya Birla Sun Life to Add - 6 months ago
The company's outperformance over its peers is fully priced in at the current valuations, Kotak said in a note as it slashed the stock's fair value to Rs 3,750, a 1.5% climbdown from Tuesday's closing price of Rs 3,811.
Economic Times

Is the trial by fire of retailers in India over or there is more to it? 4 stocks from organised retail space with potential upside of 13-43% - 6 months ago
There are many industries which go through a trial by fire. The notable reasons being, evolving policy framework, requirement of extremely patient long term capital, intense competition coming from a strong player, basic structure being very low net margins, sudden change in technology coming as a threat. The five of the many reasons listed above, probably Indian retailers, is an industry which has seen all of them. Right from a policy framework on how much foreign equity can come ? Whether it can come in direct consumer retailing or only in wholesale trade? To a giant like Reliance Industries entering into this space to the birth of flipkart to the entry of Amazon in India. You name it, the Indian retail industry has faced headwinds of all sorts. But it is more than two decades since the birth of organised retailing in India and that is a long enough period for any industry to complete its trial by fire, leaving it with few companies which are able to finally grow. Has the industry reached that point or there is still a long way to go ?
Economic Times

Full list of 25 stocks available for T+0 trade settlement from Thursday - 6 months ago
T+0 settlement cycle will be available along with the current T+1 cycle. It is optional. Prices of stocks trading under T+0 will not be considered in index calculation and settlement price computation.
Economic Times

European shares muted ahead of economic data; H&M shines - 6 months ago
The pan-European STOXX 600 was steady at 511.07, as of 0816 GMT, hovering near a record high hit on Tuesday.
Economic Times

Is the trial by fire of retailers in India over or there is more to it? 4 stocks from organised retail space with potential upside of 13-43 % - 6 months ago
There are many industries which go through a trial by fire. The notable reasons being, evolving policy framework, requirement of extremely patient long term capital, intense competition coming from a strong player, basic structure being very low net margins, sudden change in technology coming as a threat. The five of the many reasons listed above, probably Indian retailers, is an industry which has seen all of them. Right from a policy framework on how much foreign equity can come ? Whether it can come in direct consumer retailing or only in wholesale trade? To a giant like Reliance Industries entering into this space to the birth of flipkart to the entry of Amazon in India. You name it, the Indian retail industry has faced headwinds of all sorts. But it is more than two decades since the birth of organised retailing in India and that is a long enough period for any industry to complete its trial by fire, leaving it with few companies which are able to finally grow. Has the industry reached that point or there is still a long way to go ?
Economic Times

T+0 trade settlement scrip list released: Bajaj Auto, SBI, and 3 Tata Group stocks part of the list - 6 months ago
Stock exchanges will introduce the beta version of ‘T+0’ or same-day trade settlement in the 25 scrips in the cash segment from Thursday.
Economic Times

Zomato, Maruti Suzuki among 6 stocks that hit new 52-week highs on Wednesday - 6 months ago
Indian shares rose on Wednesday, led by heavyweight Reliance Industries after Goldman Sachs set a Street-high target price and by oil marketing companies as a drop in crude oil prices aided hopes of sustained refining margins. Meanwhile, in today's trade, six stocks from the Nifty200 index hit a new 52-week high. Here's a list:
Economic Times