Abu Dhabi's IHC set to exit two Adani companies, signs definitive pact - 7 months ago
While IHC did not disclose the name of the buyer and the value of the deal, people with knowledge of the matter said the investor could be exiting at a steep loss given that stocks of both Adani Green Energy and Adani Energy Solutions (formerly Adani Transmission) were trading much below the price at which it had invested in the companies last year.
Economic Times

Temasek to shed 8-9% in Manipal Hospitals to sovereign wealth funds - 7 months ago
Singapore sovereign wealth fund Temasek is selling 8-9% of its stake in Manipal Hospitals to Abu Dhabi fund Mubadala and Brunei Investment Authority. Temasek will continue to hold a 51% stake in the hospital chain. The sale is part of Temasek's portfolio rebalancing strategy and could potentially help Manipal Hospitals in the future with large-scale expansion opportunities.
Economic Times

Stocks in news: Quick Heal, Infosys, Wipro, Adani Green, SBI Life, Uno Minda, Emami - 7 months ago
American venture capital firm Sequoia Capital has exited Quick Heal Technologies Ltd, by selling its entire 3.4% stake in the company through the open market on Thursday.
Economic Times

IGB inclusion in JPMorgan Index to enhance FPI participation in markets - 7 months ago
However, since 2013 - when the idea of index inclusion was first floated - the Indian authorities have made steady progress in facilitating foreign investment into IGBs. The announcement of IGBs inclusion in JP Morgan's GBI-EM Global Diversified (GBI-EM-GD) Index is an acknowledgement of that progress from the global investors.
Economic Times

Dalal Street bulls continue to slip on global oil spill - 7 months ago
A surge in US treasury yields overnight to a 16-year high also kept investors on the edge, with market participants weighing the impact of elevated interest rates on equity valuations. BSE's Sensex dropped 610.37 points, or 0.92%, to close at 65,508.32. NSE's Nifty fell 192.90 points, or 0.98%, to end at 19,523.55.
Economic Times

External debt rises 2.7% to $629 billion as of June end - 7 months ago
NRI deposits as reflected in debt from "Deposit-taking Corporations, except the Central Bank" increased 6.5 percent in the June quarter to $167 billion from $157 billion a year ago. While outstanding overseas borrowings as reflected in debt from "Non-financial corporations remained flat at $250 billion" remained flat at $ 250 billion over the period. The RBI data also indicated that outstanding debt of the general government decreased, while non-government debt increased at end-June 2023.
Economic Times

Valiant Lab IPO subscribed 71% on day two of subscription PTI New investor registrations on NSE hit 1 crore in last 8 months PTI Closing Bell: Sharp sell-off at Dalal Street; Nifty closes below 19550, Sensex below 65550; IT, FMCG stocks tank Kumar Gaurav Aditya Birla Capital: Jefferies puts ‘Buy’ rating with target of Rs 215, sees 23% upside potential Kumar Gaurav HDFC Bank: Jefferies retains ‘Buy’ rating with target of Rs 2,030, sees 33% upside potential Kumar Gaurav Yatra lists at 10% discount; Should you hold or exit? Kumar Gaurav FII, DII data: FPIs sold shares worth Rs 354 cr, DIIs bought shares worth Rs 386 cr on September 27, Wednesday Kumar Gaurav US oil jumps $1 on crude draw, tight global supply Reuters Can Nifty inch closer to 20000? See GIFT Nifty, FII data, crude, F&O ban, more before market opens Kumar Gaurav Share Market Highlights: Nifty settles below 19600, Sensex below 65550;  Bank Nifty shed over 280 points FE Business Stocks to watch: Reliance, Tata Power, Cyient, Infosys, Yatra Online Kumar Gaurav SAT reserves order in Punit Goenka’s plea against Sebi Viveat Susan Pinto With Nasik mandi closed, govt steps up onion sales on e-NAM Sandip Das ‘No tax sops for India inclusion in other global bond indexes’ Prasanta Sahu Opportunities galore in mid, small caps, but tread with caution Siddhant Mishra Rupee snaps two-day fall, recovers 6 paise against US dollar PTI Updater Services IPO subscribed 2.90 times on final day of subscription PTI Moody’s downgrades Vedanta Resources, outlook remains negative PTI2510Next - 7 months ago
Financial Express

Analysts bet on DCB Bank, Manappuram Finance & Global Health - 7 months ago
ET looks at some of the stock recommendations by analysts of late. These stocks are expected to return between 16% and 23% as per analysts’ price targets.
Economic Times

Stock Radar: This cement stock hit a fresh record high in September. Should investors buy, sell or hold it? - 7 months ago
The stock hit a fresh record high of Rs 1,988 on September 18, 2023 but it faced some selling pressure thereafter which was largely in line with the mixed trend seen in benchmark indices.
Economic Times

New investor registrations on NSE hit 1 crore in last 8 months PTI Closing Bell: Sharp sell-off at Dalal Street; Nifty closes below 19550, Sensex below 65550; IT, FMCG stocks tank Kumar Gaurav Aditya Birla Capital: Jefferies puts ‘Buy’ rating with target of Rs 215, sees 23% upside potential Kumar Gaurav HDFC Bank: Jefferies retains ‘Buy’ rating with target of Rs 2,030, sees 33% upside potential Kumar Gaurav Yatra lists at 10% discount; Should you hold or exit? Kumar Gaurav FII, DII data: FPIs sold shares worth Rs 354 cr, DIIs bought shares worth Rs 386 cr on September 27, Wednesday Kumar Gaurav US oil jumps $1 on crude draw, tight global supply Reuters Can Nifty inch closer to 20000? See GIFT Nifty, FII data, crude, F&O ban, more before market opens Kumar Gaurav Share Market Highlights: Nifty settles below 19600, Sensex below 65550;  Bank Nifty shed over 280 points FE Business Stocks to watch: Reliance, Tata Power, Cyient, Infosys, Yatra Online Kumar Gaurav SAT reserves order in Punit Goenka’s plea against Sebi Viveat Susan Pinto With Nasik mandi closed, govt steps up onion sales on e-NAM Sandip Das ‘No tax sops for India inclusion in other global bond indexes’ Prasanta Sahu Opportunities galore in mid, small caps, but tread with caution Siddhant Mishra Rupee snaps two-day fall, recovers 6 paise against US dollar PTI Updater Services IPO subscribed 2.90 times on final day of subscription PTI Moody’s downgrades Vedanta Resources, outlook remains negative PTI Stock markets rebound on positive trend in Asian, European equities; buying in Reliance PTI2511Next - 7 months ago
Financial Express

Closing Bell: Sharp sell-off at Dalal Street; Nifty closes below 19550, Sensex below 65550; IT, FMCG stocks tank Kumar Gaurav Aditya Birla Capital: Jefferies puts ‘Buy’ rating with target of Rs 215, sees 23% upside potential Kumar Gaurav HDFC Bank: Jefferies retains ‘Buy’ rating with target of Rs 2,030, sees 33% upside potential Kumar Gaurav Yatra lists at 10% discount; Should you hold or exit? Kumar Gaurav FII, DII data: FPIs sold shares worth Rs 354 cr, DIIs bought shares worth Rs 386 cr on September 27, Wednesday Kumar Gaurav US oil jumps $1 on crude draw, tight global supply Reuters Can Nifty inch closer to 20000? See GIFT Nifty, FII data, crude, F&O ban, more before market opens Kumar Gaurav Share Market Highlights: Nifty settles below 19600, Sensex below 65550;  Bank Nifty shed over 280 points FE Business Stocks to watch: Reliance, Tata Power, Cyient, Infosys, Yatra Online Kumar Gaurav SAT reserves order in Punit Goenka’s plea against Sebi Viveat Susan Pinto With Nasik mandi closed, govt steps up onion sales on e-NAM Sandip Das ‘No tax sops for India inclusion in other global bond indexes’ Prasanta Sahu Opportunities galore in mid, small caps, but tread with caution Siddhant Mishra Rupee snaps two-day fall, recovers 6 paise against US dollar PTI Updater Services IPO subscribed 2.90 times on final day of subscription PTI Moody’s downgrades Vedanta Resources, outlook remains negative PTI Stock markets rebound on positive trend in Asian, European equities; buying in Reliance PTI Valiant Laboratories IPO opens for subscription, GMP unchanged; should you subscribe to the issue? Kumar Gaurav2511Next - 7 months ago
Financial Express

Aditya Birla Capital: Jefferies puts ‘Buy’ rating with target of Rs 215, sees 23% upside potential Kumar Gaurav HDFC Bank: Jefferies retains ‘Buy’ rating with target of Rs 2,030, sees 33% upside potential Kumar Gaurav Yatra lists at 10% discount; Should you hold or exit? Kumar Gaurav FII, DII data: FPIs sold shares worth Rs 354 cr, DIIs bought shares worth Rs 386 cr on September 27, Wednesday Kumar Gaurav US oil jumps $1 on crude draw, tight global supply Reuters Can Nifty inch closer to 20000? See GIFT Nifty, FII data, crude, F&O ban, more before market opens Kumar Gaurav Share Market Highlights: Nifty settles below 19600, Sensex below 65550;  Bank Nifty shed over 280 points FE Business Stocks to watch: Reliance, Tata Power, Cyient, Infosys, Yatra Online Kumar Gaurav SAT reserves order in Punit Goenka’s plea against Sebi Viveat Susan Pinto With Nasik mandi closed, govt steps up onion sales on e-NAM Sandip Das ‘No tax sops for India inclusion in other global bond indexes’ Prasanta Sahu Opportunities galore in mid, small caps, but tread with caution Siddhant Mishra Rupee snaps two-day fall, recovers 6 paise against US dollar PTI Updater Services IPO subscribed 2.90 times on final day of subscription PTI Moody’s downgrades Vedanta Resources, outlook remains negative PTI Stock markets rebound on positive trend in Asian, European equities; buying in Reliance PTI Valiant Laboratories IPO opens for subscription, GMP unchanged; should you subscribe to the issue? Kumar Gaurav Sai Silks sees tepid debut, lists at 4% premium; Should you hold or book profit? Kumar Gaurav2511Next - 7 months ago
Financial Express

HDFC Bank: Jefferies retains ‘Buy’ rating with target of Rs 2,030, sees 33% upside potential Kumar Gaurav Yatra lists at 10% discount; Should you hold or exit? Kumar Gaurav FII, DII data: FPIs sold shares worth Rs 354 cr, DIIs bought shares worth Rs 386 cr on September 27, Wednesday Kumar Gaurav US oil jumps $1 on crude draw, tight global supply Reuters Can Nifty inch closer to 20000? See GIFT Nifty, FII data, crude, F&O ban, more before market opens Kumar Gaurav Share Market Highlights: Nifty settles below 19600, Sensex below 65550;  Bank Nifty shed over 280 points FE Business Stocks to watch: Reliance, Tata Power, Cyient, Infosys, Yatra Online Kumar Gaurav SAT reserves order in Punit Goenka’s plea against Sebi Viveat Susan Pinto With Nasik mandi closed, govt steps up onion sales on e-NAM Sandip Das ‘No tax sops for India inclusion in other global bond indexes’ Prasanta Sahu Opportunities galore in mid, small caps, but tread with caution Siddhant Mishra Rupee snaps two-day fall, recovers 6 paise against US dollar PTI Updater Services IPO subscribed 2.90 times on final day of subscription PTI Moody’s downgrades Vedanta Resources, outlook remains negative PTI Stock markets rebound on positive trend in Asian, European equities; buying in Reliance PTI Valiant Laboratories IPO opens for subscription, GMP unchanged; should you subscribe to the issue? Kumar Gaurav Sai Silks sees tepid debut, lists at 4% premium; Should you hold or book profit? Kumar Gaurav Signature Global sees strong debut; lists over 15% premium on bourses; Should you hold or book profit? Kumar Gaurav2511Next - 7 months ago
Financial Express

Rigi Launches GapUp: A New Era of Authentic Knowledge Exchange is Here - 7 months ago
GapUp is the embodiment of a diverse confluence of minds and a gathering of financial experts, fashion enthusiasts, tech visionaries, fitness gurus, and travel experts. It's a realm where top influencers, creators, and mentors breathe life into communities through well-crafted courses and live interactions, ensuring users have a rich tapestry of learning experiences.
Economic Times

Stocks flirt with longest losing run since 2011 as $100 oil looms - 7 months ago
With European stocks in and out of the red and U.S. S&P 500 futures barely budged, MSCI's main global equities index which tracks 47 countries was in danger of a 10th straight daily fall, a losing streak not seen since 2011. MSCI's index of Asia-Pacific shares outside Japan had ended near a 10-month trough, while Japan's Nikkei fell 1.5% as investors there readied for the end of the quarter and offloaded stocks that went ex-dividend.
Economic Times

Sebi renews licences of NSE Clearing, Indian Clearing Corp for three years - 7 months ago
NSE Clearing Ltd is a wholly-owned subsidiary of the National Stock Exchange (NSE) and Indian Clearing Corporation Ltd (ICCL) is an arm of BSE
Economic Times

Sebi penalises YES Securities for wrong reporting of margin, other discrepancies - 7 months ago
The regulator said the brokerage house sent the retention statements after the prescribed time of five days and also mailed the statements of accounts to wrong email addresses
Economic Times

Infosys, Wipro ADRs slump on NYSE as Accenture offers bleak growth outlook - 7 months ago
Accenture, which released its earnings for the three months ended August, guided a meagre 2-5% growth in annual revenue in the backdrop of a subdued business environment for IT services.
Economic Times

Market Trading Guide: L&T, Airtel among 8 stock recommendations for Friday - 7 months ago
Indian shares fell on Thursday, led by losses in IT and consumer stocks, while weakness in global markets on fears of higher interest rates and surging crude prices weighed. The BSE benchmark Sensex fell 0.92% to settle at 65,508, while NSE Nifty ended below the 19,550 mark."On the daily charts, we can observe that the Nifty has closed below the 19,600 – 19,550 zone where multiple supports were placed. This is a sign of further weakness. On the way down it can slip further towards 19,500 – 19,440, which is the 78.6% Fibonacci retracement level of the rise from 19,224 – 20,222. In terms of levels, 19,500 – 19,440 is the crucial support zone, while 19,625 – 19,650 shall act as an immediate hurdle zone," said Jatin Gedia, Sharekhan by BNP Paribas.Here are 8 stock recommendations for Friday:
Economic Times

Sequoia Capital exits Quick Heal Tech via open market sale; Happiest Minds promoter sells part stake - 7 months ago
The venture capital firm sold 13,60,975 shares of the company at Rs 240 apiece on the BSE, and 4,25,000 shares on the NSE, bulk deals data showed.
Economic Times

2 Adani group stocks among counters with highest debt levels - 7 months ago
The debt-to-equity ratio signifies how much debt a company has as compared to its assets. Adani Green has the highest debt-to-equity ratio. Take a look at the others. (Source: Trendlyne)
Economic Times

Stocks flirt with longest losing run in two years as $100 oil looms - 7 months ago
U.S. crude had hit $95 a barrel for the first time since August 2022 and while both it and $97 Brent prices eased fractionally in London trading they were 30% higher than at the end of June.
Economic Times

Abu Dhabi’s IHC to sell its investments in 2 Adani group companies - 7 months ago
​​The decision to sell off the investment is part of the company’s plan to rebalance its overall portfolio strategy, IHC said.
Economic Times

US stocks open lower on rate jitters; Powell on deck - 7 months ago
The Dow Jones Industrial Average fell 30.83 points, or 0.09%, at the open to 33,519.44.
Economic Times

HDFC Bank: Jefferies retains ‘Buy’ rating with target of Rs 2,030, sees 33% upside potential Kumar Gaurav Yatra lists at 10% discount; Should you hold or exit? Kumar Gaurav FII, DII data: FPIs sold shares worth Rs 354 cr, DIIs bought shares worth Rs 386 cr on September 27, Wednesday Kumar Gaurav US oil jumps $1 on crude draw, tight global supply Reuters Can Nifty inch closer to 20000? See GIFT Nifty, FII data, crude, F&O ban, more before market opens Kumar Gaurav Share Market Highlights: Nifty settles below 19600, Sensex below 65550;  Bank Nifty shed over 280 points FE Business Stocks to watch: Reliance, Tata Power, Cyient, Infosys, Yatra Online Kumar Gaurav SAT reserves order in Punit Goenka’s plea against Sebi Viveat Susan Pinto With Nasik mandi closed, govt steps up onion sales on e-NAM Sandip Das ‘No tax sops for India inclusion in other global bond indexes’ Prasanta Sahu Opportunities galore in mid, small caps, but tread with caution Siddhant Mishra Rupee snaps two-day fall, recovers 6 paise against US dollar PTI Updater Services IPO subscribed 2.90 times on final day of subscription PTI Moody’s downgrades Vedanta Resources, outlook remains negative PTI Stock markets rebound on positive trend in Asian, European equities; buying in Reliance PTI Valiant Laboratories IPO opens for subscription, GMP unchanged; should you subscribe to the issue? Kumar Gaurav Sai Silks sees tepid debut, lists at 4% premium; Should you hold or book profit? Kumar Gaurav Signature Global sees strong debut; lists over 15% premium on bourses; Should you hold or book profit? Kumar Gaurav2531Next - 7 months ago
Financial Express

Tech View: Nifty indicators blink sell on expiry day. What traders should do on Friday - 7 months ago
On the daily charts, we can observe that the Nifty closed below the 19,600 – 19,550 zone where multiple supports were placed. This is a sign of further weakness. On the way down it can slip further towards 19,500 – 19,440 which is the 78.6% Fibonacci retracement level of the rise from 19,224 – 20,222.
Economic Times

6 FMCG stocks hit 52-week high, delivering up to 40% gains in a month - 7 months ago
During Thursday's trading session, the Sensex benchmark index witnessed a decline of roughly 610 points, ending the day at 66,508. However, despite this downturn, seven stocks within the BSE FMCG index attained their peak prices in the last 52 weeks. The 52-week high carries substantial importance for particular traders and investors as it serves as a crucial technical indicator for assessing a stock's present worth and forecasting potential price variations. This figure signifies the highest price at which a stock was traded during the previous year.
Economic Times

Yatra lists at 10% discount; Should you hold or exit? Kumar Gaurav FII, DII data: FPIs sold shares worth Rs 354 cr, DIIs bought shares worth Rs 386 cr on September 27, Wednesday Kumar Gaurav US oil jumps $1 on crude draw, tight global supply Reuters Can Nifty inch closer to 20000? See GIFT Nifty, FII data, crude, F&O ban, more before market opens Kumar Gaurav Share Market Highlights: Nifty settles below 19600, Sensex below 65550;  Bank Nifty shed over 280 points FE Business Stocks to watch: Reliance, Tata Power, Cyient, Infosys, Yatra Online Kumar Gaurav SAT reserves order in Punit Goenka’s plea against Sebi Viveat Susan Pinto With Nasik mandi closed, govt steps up onion sales on e-NAM Sandip Das ‘No tax sops for India inclusion in other global bond indexes’ Prasanta Sahu Opportunities galore in mid, small caps, but tread with caution Siddhant Mishra Rupee snaps two-day fall, recovers 6 paise against US dollar PTI Updater Services IPO subscribed 2.90 times on final day of subscription PTI Moody’s downgrades Vedanta Resources, outlook remains negative PTI Stock markets rebound on positive trend in Asian, European equities; buying in Reliance PTI Valiant Laboratories IPO opens for subscription, GMP unchanged; should you subscribe to the issue? Kumar Gaurav Sai Silks sees tepid debut, lists at 4% premium; Should you hold or book profit? Kumar Gaurav Signature Global sees strong debut; lists over 15% premium on bourses; Should you hold or book profit? Kumar Gaurav Adani Ports offers to buy back up to $195 mln of 2024 bond Reuters2531Next - 7 months ago
Financial Express

Zerodha valued at Rs 1 or 2 lakh crore? Modest mathematics from Nithin Kamath - 7 months ago
"Every time our financials are out, there is a lot of speculation about Zerodha's valuation. It might sound counterintuitive for me to say it, but most assumptions, I think, are way higher than reality," Kamath said, adding that the core team has never thought of notional valuations right from the start because they can go up and down with market conditions.
Economic Times

Breakout Stocks: How CE Info Systems, Finolex Cables and MCX are looking on charts for Friday’s trade - 7 months ago
Stocks that were in focus include names like CE Info Systems (Map My India) which was up more than 7% to hit a fresh record high, Finolex Cables also rallied more than 7% and MCX closed with gains of more than 8% to hit a fresh 52-week high on Thursday.
Economic Times