Stocks in focus: Phoenix Mills, Genus Power and more - 7 months ago
GIFT Nifty on the NSE IX traded higher by 19 points, or 0.10 per cent, at 19619.50, signaling that Dalal Street was headed for positive start on Tuesday. Here's a slew of stocks that will be in focus today for various reasons.
Economic Times

Buy or Sell: Stock ideas by experts for October 10, 2023 - 7 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 MRS Bectors Food and IPCA Labs, while Nooresh Merani has a buy/sell recommendation on Indusind Bank and Power Grid for today's trading session. Check out the targets and stoploss.
Economic Times

Hot Stocks: Brokerages view on Adani Ports, RIL and Escorts Kubota - 7 months ago
Meanwhile, Morgan Stanley and DAM Capital have maintained an ‘Overweight’ and ‘Buy’ views on RIL and Escorts, respectively, for these reasons.
Economic Times

HCL Technologies, HUL among 5 stocks with RSI trending up - 7 months ago
Seven 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 October 9, Monday, ahead of the market opening today. 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 19 days to compute RSI. Furthermore, RSI also enables an understanding of the stock’s overvalued or oversold state.
Economic Times

Stocks to buy today: IndusInd Bank, Ipca Lab among top 8 trading ideas for 10 October - 7 months ago
India VIX was up by 10.68% from 10.30 to 11.40 levels on Monday. Volatility spiked above 11.6 zones and gave room to the bears at make-or-break index levels.
Economic Times

Spotlight: About 70% of Rs 1.44 lakh crore worth FII money chased just 3 sectors in H1FY24 - 7 months ago
About 70% of the Rs 1.44 lakh crore of inflows made their way into financial services, capital goods, automobile and auto ancillaries, data by NSDL showed.
Economic Times

Big Movers on D-Street: What should investors do with Adani Ports, TCS, and PNB? - 7 months ago
The Sensex and Nifty 50 finished 0.7% down at 65512.39 points and 19512.35 points, respectively.
Economic Times

Positive Breakout: Palred Technologies and 4 other stocks cross above their 200 DMA - 7 months ago
In the NSE list of stocks with a market cap of over Rs 100 crore, five stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on October 9, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
Economic Times

At multi-year highs: Oil India among 3 stocks that saw 5-year swing high breakout - 7 months ago
In the Nifty500 pack, we have collated a list of three stocks that witnessed a 5-year swing high at the close on October 9, suggesting bullishness in counters, according to stockedge.com's technical scan data. Take a look.A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond. This occurrence may be seen as a bullish sign, indicating the potential for further upward movement in the stock.However, it's worth noting that this is different from a 5-year breakout, which occurs when a stock's price surpasses a key resistance level that has held for five years.
Economic Times

Golden Crossovers: Jet Airways among 6 stocks signaling further bullishness - 7 months ago
In the NSE list of stocks, six stocks with a market cap of over Rs 100 crore are witnessing Golden Crossovers, according to stockedge.com's technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks' 50-day simple moving averages (SMA) crossed their 200-day SMAs on October 9.
Economic Times

Asian shares rise after Fed comments, markets' eyes on Middle East - 7 months ago
Top Fed officials indicated on Monday that rising Treasury yields could steer the Fed from further rate increases, helping to spur a rise in bond prices after those markets had been closed the previous day in the U.S. and Tokyo.
Economic Times

China funds look to Mideast cash as US investments wane - 7 months ago
The search for new capital could affect Asia's hedge fund scene, where China firms account for more than half the market. Brokers and ancillary firms could change their focus to provide for Middle East-related services.
Economic Times

Rising Asia debt levels could temper growth: World Bank chief economist - 7 months ago
Gill said he remained critical of the slow pace of debt restructurings under the Group of 20 Common Framework for restructuring the debt of the poorest countries, and said it was critical to speed up those processes.
Economic Times

China's Country Garden Csays might not meet all debt obligations - 7 months ago
The firm also said it had not been able to repay a debt of HK$470 million ($60 million).
Economic Times

Bonds rally on safety-bid and dovish Fed - 7 months ago
After dropping 15 basis points at the open, 10-year yields were 12.5 bps lower at 4.66% at 1235 GMT. Two-year yields also dived more than 13 bps to a one-month low of 4.926% as short-term rate expectations were dialled back.
Economic Times

US stock market: S&P 500, Dow advance as investors monitor Mideast conflict headlines - 7 months ago
"The stock market and investors are focused on two things, the economy and earnings. The U.S. economy is not slowing and earnings are expected to come out of a recession with reports starting this week," Augustine said.
Economic Times

Stock Radar I Rising volume structure in Sun TV stock indicates the possibility of a resumption of uptrend: Ruchit Jain - 7 months ago
“Rising volume structure indicates a higher probability of a resumption of the uptrend in Sun TV stock. Traders can buy for a target of Rs 680 in the next 3-4 weeks and a stop can be placed below Rs 600,” Ruchit Jain, Lead Research, 5paisa.com, said.
Economic Times

Stocks in news: Tata Steel, Maruti Suzuki, CONCOR, Dilip Buildcon, Genus Power - 7 months ago
The automaker is planning capital expenditure amounting to approximately Rs 1.25 lakh crore until 2030-31. The expansion plan involves expanding its current product lineup from 17 models to 28, while increasing its production capacity.
Economic Times

AGR dues: Bharti Airtel, Vodafone Idea move Supreme Court again - 7 months ago
Bharti Airtel and Vodafone Idea have requested the Supreme Court to hear their curative petitions against an earlier order in the "open court." The telecom companies are seeking rectification of alleged arithmetical errors in the calculation of adjusted gross revenue (AGR) dues by the Department of Telecommunications. The operators argue that the previous judgement resulted in a "gross miscarriage of justice." They are specifically seeking the setting aside of penalties and interest on penalties in the provisional demands raised by the DoT. The AGR dues amount to a total of INR 1.47 lakh crore ($20 billion).
Economic Times

Bear Attack: Israel-Hamas conflict spills onto Street - 7 months ago
The Sensex dropped 483.24 points, or 0.73%, to close at 65,512.39 while Nifty declined 141.15 points, or 0.72%, to close at 19,512.35.
Economic Times

​RBI's hawkish stance, rise in crude prices could delay monetary easing - 7 months ago
Professional forecasters, essentially economists surveyed by the Reserve Bank in September 2023 expect headline CPI inflation to moderate from 6.6 per cent in September quarter to 5.5.
Economic Times

Free to raise commissions, insurers push annuity plans - 7 months ago
The insurance regulator has granted insurers the flexibility to determine commissions across their product range, allowing them to offer higher commissions to distributors for annuities compared to ULIPs and increase the sale of such products.
Economic Times

Flood-hit Sikkim Urja looks to claim ₹11,400 cr cover - 7 months ago
The total sum assured in the policy is ₹11,400 crore. However, there is a cap of ₹500 crore on payouts for certain natural calamities. Therefore, the extent of the claim settlement could be lower. While the estimated loss resulting from the recent incident is yet to be determined, the company is seeking claims for the entire loss under the insurance policy, said a person with knowledge of the matter.
Economic Times

Largecaps likely to offer best returns going ahead: Experts - 7 months ago
Analysts said whenever the market rebounds from the current weakness, large-cap stocks are more likely to outperform their smaller peers. This is because the valuations of mid-cap and small-cap stocks are considered stretched.
Economic Times

Small-cap funds broaden their stock holdings to spread risk - 7 months ago
Nippon India Small Cap Fund, the largest scheme in the small- cap space with assets of ₹36,540 crore in August 2023, has 196 stocks in its portfolio, compared to 148 a year ago.
Economic Times

Israel-related stocks fall globally as war escalates - 7 months ago
Saturday's assault has sparked fresh concern about geopolitical risks at a time when global financial markets already were grappling with the impact of higher interest rates and the slowdown in China's economy. Oil prices surged while US stock-indexes dropped.
Economic Times

Stock Radar: Sun TV stock surges 40% in 3 months. What's driving the rally? - 7 months ago
Sun TV stock picked up momentum after climbing above the 50-DMA on the daily charts in early July. It did witness some resistance around Rs 630 levels in August, but took support above the 50-DMA on the daily charts. The bounce back from the 50-DMA in the last week of September pushed the stock to a fresh 52-week high in October
Economic Times

Wall Street declines on Middle East conflict - 7 months ago
At 11:33 a.m. ET, the Dow Jones Industrial Average was down 13.18 points, or 0.04%, at 33,394.40, the S&P 500 was down 6.67 points, or 0.15%, at 4,301.83, and the Nasdaq Composite was down 75.77 points, or 0.56%, at 13,355.57. The CBOE volatility index, Wall Street's "fear gauge", also rose to 18.54, reflecting investor anxiety
Economic Times

Coal India among 5 Nifty firms that may see over 30% YoY fall in September quarter profit - 7 months ago
The Q2 earnings season is set to start this week, with TCS slated to post its numbers on October 11. Here's a look at the companies from the Nifty50 pack that may see over 30% decline in Q2 profit. (Source: Motilal Oswal)
Economic Times

Market Trading Guide: Bank of India among 5 stock recommendations for Tuesday - 7 months ago
Indian equity markets fell on Monday, dragged by a surge in oil prices due to the military conflict in the Middle East, with the BSE Sensex falling 483 points or 0.73%. Its NSE counterpart Nifty50 closed below the 19,550 level."The formation of a bullish Hammer candle pattern of last week as per weekly time frame chart is still intact. The index is expected to slide near to the low of the said Hammer pattern around 19350-19450 levels in the short term, before showing another round of upside bounce from the lows. Immediate resistance is placed at 19620 levels," said Nagaraj Shetti, Technical Research Analyst at HDFC Securities.Here are the 5 stock recommendations for Tuesday:
Economic Times

Arm gets Wall Street's 'buy' on royalty plan, cloud expansion - 7 months ago
The British company's growth has been shackled in the past year by a slump in the smartphone market, in which it has a 99% share across Google's Android and Apple's iOS devices.
Economic Times

S&P 500, Nasdaq fall on Middle East conflict - 7 months ago
The CBOE volatility index, Wall Street's "fear gauge", also rose to 18.59, reflecting investor anxiety. Major technology stocks Apple, Microsoft Alphabet, Nvidia and Amazon.com fell between 0.5% and 2.3%
Economic Times

Most Gulf markets fall as Israel-Palestinian conflict rages - 7 months ago
Israel said its troops backed by helicopters had also killed a number of armed infiltrators entering the country from Lebanon, further raising concerns fighting could spread two days after Hamas gunmen burst in from Gaza on a deadly rampage.
Economic Times

Israel-exposed stocks fall on fears of escalation in Middle East conflict - 7 months ago
Energy and defense stocks on both sides of the Atlantic rose, while airline shares dropped on fears of higher fuel costs and as several carriers suspended flights to or from Tel Aviv.
Economic Times

US stocks open lower on Middle East conflict - 7 months ago
The Dow Jones Industrial Average fell 147.74 points, or 0.44%, at the open to 33,259.84
Economic Times

TCS, HCL Tech & more: Q2 earnings this week! - 7 months ago
Earning season is back again. Companies such as TCS, HDFC Life and more will be releasing their Q2 results soon. Q2 numbers are quite important for investors as well as companies. Here are the key earnings that you need to know.
Economic Times

5 consumer discretionary stocks touched their 52-week high. Do you own any? - 7 months ago
During Monday's trading session, Sensex saw a decrease of roughly 483 points, concluding the day at 65,512. Despite this market decline, five stocks included in the BSE Consumer Discretionary Index reached their highest prices in the past 52 weeks. The 52-week high is of considerable significance to certain traders and investors, serving as a crucial technical indicator for assessing a stock's present worth and forecasting potential price fluctuations. This figure signifies the highest price at which a stock was traded during the preceding year.
Economic Times

Coal India among 5 Nifty firms that may see over 30% YoY fall in profit growth - 7 months ago
The Q2 earnings season is set to start this week, with TCS slated to post its numbers on October 11. Here's a look at the companies from the Nifty50 pack that may see over 30% decline in Q2 profit growth. (Source: Motilal Oswal)
Economic Times

5-6 month IPO lock-in will open for these 4 companies. Check dates here - 7 months ago
Between October 10, 2023, and January 31, 2024, a total of 44 companies are slated to have their pre-listing shareholder lock-ins lifted. From that list, we have identified four companies for which a 5-6 month IPO lock-in will open soon: (Source: Nuvama Alternative & Quantitative Research)
Economic Times

Tech View: Nifty may remain in sell-on-rise mode till 19,700. What traders should do on Tuesday - 7 months ago
The formation of a bullish hammer candle pattern of last week as per the weekly timeframe chart is still intact. The index is expected to slide near the low of the said hammer pattern around 19,350-19,450 levels in the short term before showing another round of upside bounce from the lows. Immediate resistance is placed at 19,620 levels, said Nagaraj Shetti of HDFC Securities.
Economic Times

Breakout Stocks: How Oil India, MCX and ITI are looking on charts for Tuesday’s trade - 7 months ago
We have collated a list of three stocks that either hit a fresh 52-week high, or all-time high or saw a volume or a price breakout
Economic Times

Tata Investment, 3 other stocks trading with bearish RSI - 7 months ago
Discover the art of decoding stock movements as we unveil 10 stocks trading in the overbought zone with declining Relative Strength Index (RSI) trends. ETMarkets explores the significance of RSI and its role in making informed investment decisions.
Economic Times

Rupee little moved but escalation of geopolitical tensions could weigh - 7 months ago
The rupee trade was also muted on Monday as foreign flows were diminished due to local holidays in Japan, Korea, and the United States. While U.S. stock markets are open on Monday, the bond market will remain shut.
Economic Times

eClerx Services, BSE among 10 overbought stocks with RSI above 70 - 7 months ago
Join us on a journey into the world of stock market dynamics as we uncover 10 stocks that are currently in the overbought zone. ETMarkets explores the significance of the Relative Strength Index (RSI) and its role in shaping investment strategies.
Economic Times

6 IPOs that beat the odds, delivered 25-80% returns after slow start - 7 months ago
In 2023, approximately 34 primary IPOs were listed on the stock exchanges, accumulating about Rs 26,940 crore in funds. What's noteworthy is that of these 34 IPOs, 31 are currently trading above their initial offering prices.However, it's intriguing to note that 10 of these IPOs initially debuted at a discount or with only single-digit gains, but they have since experienced double-digit increases from their initial prices. ETMarkets has highlighted 6 stocks that had a relatively weak listing at debut but later showed significant growth, with their prices surging anywhere from 25% to 80% above the issue price.
Economic Times

Natco Pharma, Jindal Saw among 10 stocks with RSI trending down - 7 months ago
Dive into the world of stock market analysis as we unravel the significance of the Relative Strength Index (RSI) and its implications for 10 stocks showing a downtrend in RSI. ETMarkets explores why monitoring RSI is crucial for making informed investment choices.
Economic Times

Divi's Laboratories, HCL Technologies among 10 Nifty stocks with golden crossover pattern - 7 months ago
Discover the power of the Golden Crossover as ETMarkets examines 10 stocks that have recently experienced this bullish pattern. Uncover why the Golden Crossover is a vital tool for assessing stock movements and making informed investment decisions.
Economic Times

6 IPOs that beat the odds delivered 25-80% returns after slow start - 7 months ago
In 2023, approximately 34 primary IPOs were listed on the stock exchanges, accumulating about Rs 26,940 crore in funds. What's noteworthy is that of these 34 IPOs, 31 are currently trading above their initial offering prices.However, it's intriguing to note that 10 of these IPOs initially debuted at a discount or with only single-digit gains, but they have since experienced double-digit increases from their initial prices. ETMarkets has highlighted 6 stocks that had a relatively weak listing at debut but later showed significant growth, with their prices surging anywhere from 25% to 80% above the issue price.
Economic Times

Fundamental Radar: Business scale-up, surplus cash to drive 26% PAT CAGR for Global Health - 7 months ago
Global Health, which runs a network of hospitals under the Medanta brand, has scaled up developing hospitals significantly to achieve breakeven in the first year of its operations as against industry timeline of 2-3 years. The company’s earnings momentum is expected to sustain amid strong business prospects and surplus cash, says Sneha Poddar of Motilal Oswal Securities.
Economic Times

Israel-Palestine War: What's driving gold prices? - 7 months ago
The latest crisis in the Middle East following a dramatic clash between Israel and Hamas forces has left the stock markets across the world reeling. But amid this backdrop, one asset class that's shining is gold. Watch What's driving gold prices amid these Middle-East tensions in this video.
Economic Times