5 healthcare stocks hit 52-week high, delivering up to 30% gains in a month - 8 months ago
During Tuesday's trading session, the Sensex benchmark index saw a drop of roughly 316 points, concluding the day at 65,512. Notably, amidst this market decline, five stocks listed on the BSE Healthcare index reached their highest prices in the last 52 weeks. The 52-week high carries particular importance for certain traders and investors, serving as a crucial technical indicator to assess a stock's current worth and predict potential price movements. This figure signifies the highest price at which a stock traded over the previous year.
Economic Times

Fed's Bostic sees no 'urgency' to raise rates again, but cuts a long way off - 8 months ago
"I don't think there is an urgency for us to do anything more ... I want us to hold. I think that is the appropriate thing to do for a long time," Bostic said.
Economic Times

Godrej Group stocks unmoved by the split news, but give stellar returns in FY24 - 8 months ago
The diversified business of the Godrej Group is managed by two factions — Godrej Industries & Associates and Godrej & Boyce Manufacturing Co. While Godrej Industries & Associates is led by Adi Godrej and his brother Nadir Godrej, Godrej & Boyce is managed by cousins Jamshyd Godrej and Smitha Godrej Crishna
Economic Times

Sebi to introduce centralised mechanism for verification in case of demise of investors - 8 months ago
After receiving intimation about the demise of an investor, the concerned intermediary will have to obtain the death certificate along with the PAN from the notifier or nominee and verify the death certificate through online or offline mode.
Economic Times

US stocks fall at open as Treasury yields surge; jobs data in focus - 8 months ago
The Dow Jones Industrial Average fell 114.51 points, or 0.34%, at the open to 33,318.84
Economic Times

5 Healthcare stocks hit 52-week high, delivering up to 30% gains in a month - 8 months ago
During Tuesday's trading session, the Sensex benchmark index saw a drop of roughly 316 points, concluding the day at 65,512. Notably, amidst this market decline, five stocks listed on the BSE Healthcare index reached their highest prices in the last 52 weeks. The 52-week high carries particular importance for certain traders and investors, serving as a crucial technical indicator to assess a stock's current worth and predict potential price movements. This figure signifies the highest price at which a stock traded over the previous year.
Economic Times

Breakout Stocks: How Metro Brands, Chalet Hotels and Vedanta are looking on charts for Wednesday’s trade - 8 months ago
Sectorally, buying was seen in capital goods, consumer durables, and realty stocks while oil & gas, auto, energy, and power stocks saw some selling. We have collated the 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

Delta Corp, Adani Wilmar among 5 stocks with RSI in oversold zone - 8 months ago
Discover the significance of Relative Strength Index (RSI) and why it's vital for assessing stock movements. We explore 10 oversold stocks handpicked by ETMarkets to aid investors in making informed decisions.
Economic Times

Flat listing for Vaibhav Jewellers. Should you hold or sell? - 8 months ago
Analysts were mixed on the post listing strategy for investors. While some recommended investors to exit their positions, others advised to hold the stock for the long term
Economic Times

4 largecap stocks to buy with an upside potential of up to 30% - 8 months ago
These 4 stocks with buy recommendations have a potential upside of up to 30%. Take a look. (Source: Smifs Limited)
Economic Times

Tech View: 19,480 make-or-break point for Nifty. What traders should do on Wednesday - 8 months ago
On daily charts, we can observe that the Nifty is unable to sustain at higher levels. The key hourly moving averages placed in the zone 19,590– 19,640 is acting as a stiff resistance and until the Nifty does not manage to close above this resistance zone we can expect the weakness to continue.
Economic Times

IHC increases stake in Adani Enterprises to above 5% - 8 months ago
“This strategic increase reflects IHC's conviction in the world-leading incubation model of AEL and we believe that the inherent strength of Airports, Data Centers, Green Hydrogen, and various other verticals being incubated under AEL and that AEL is poised to uniquely capitalise on India’s robust growth journey,” the company said in a statement.
Economic Times

Coal India, Tata Investment among 10 overbought stocks with RSI above 70 - 8 months ago
Discover the importance of Relative Strength Index (RSI) in assessing stock movements as we explore 10 stocks trading in an overbought zone. Learn how RSI can aid investors in making informed decisions
Economic Times

Jindal Saw, Trident among 10 stocks with RSI trending down - 8 months ago
Discover the importance of Relative Strength Index (RSI) and its role in assessing stock movements as we examine 10 stocks with declining RSI values. Learn how RSI can empower investors to make informed decisions.
Economic Times

Banks stocks back in vogue for hedge funds in September -Morgan Stanley - 8 months ago
European bank stocks fell by as much as 4% at one point last month, before staging a strong recovery to end September with a gain of 2.6%, while U.S. banks ended the month down 3%.
Economic Times

Hero Moto, Adani Wilmar among 8 stocks that might lose 'largecap' tag - 8 months ago
Nuvama Alternative & Quantitative Research has done an early analysis for change in Amfi market cap categorization for H1 CY24. Amfi will release the official list in the first week of January 2024 and the fresh list will be valid for the February 2024 to July 2024 period. Take a look at the stocks that might lose their largecap status and get moved to midcaps.
Economic Times

Adani Ports, Bajaj Auto among 10 Nifty stocks with golden crossover pattern - 8 months ago
Explore the significance of the Golden Crossover pattern as we analyze 10 stocks that have recently witnessed this phenomenon. Learn why this technical indicator is crucial for assessing stock movements and making informed investment choices.
Economic Times

Sun TV, Emami among 10 stocks with RSI trending up - 8 months ago
Discover the significance of Relative Strength Index (RSI) in stock analysis as we explore 10 stocks that have witnessed an RSI trending up. Understand the importance of RSI and how it can aid investors in making informed decisions.
Economic Times

Tata Motors, IndusInd Bank among 5 large cap stocks trading above 50-Day SMA - 8 months ago
The stock market brought notable developments on September 29 with several large-cap stocks demonstrating their vigor by crossing their 50-day Simple Moving Averages (SMA).
Economic Times

LIC Housing Finance among 7 midcap stocks which hit 52-week high on Tuesday - 8 months ago
In a day filled with optimism in the stock market, several midcap stocks surged to new 52-week highs on October 3.
Economic Times

Sensex declines 316 pts; Nifty drops below 19,530; HDFC Bank, RIL top drags - 8 months ago
Equity benchmark indices Sensex and Nifty declined on Tuesday amid unabated foreign fund outflows and sluggish Asian market cues. Fall in index majors HDFC Bank and Reliance Industries also dragged the benchmark indices lower. The 30-share BSE Sensex declined 316.31 points or 0.48 per cent to settle at 65,512.10. During the day, it fell 483.82 points or 0.73 per cent to 65,344.59. The Nifty fell 109.55 points or 0.56 per cent to end at 19,528.75.
Economic Times

Honeywell Automation, 5 other large & midcap stocks cross 200-Day SMA - 8 months ago
The stock market exhibited signs of strength and resilience on September 29 as several large and midcap stocks crossed their 200-day Simple Moving Averages (SMA).
Economic Times

Federal Bank, REC, 3 more midcap stocks hit all-time high on Tuesday - 8 months ago
The stock market witnessed a surge in optimism today, October 3, as several midcap stocks achieved historic milestones by reaching new all-time highs.
Economic Times

D-Street starts October on a negative note as Sensex and Nifty end lower - 8 months ago
From the Sensex pack, Maruti, Sun Pharma, and NTPC were the top laggards, falling 1.5-2.5%. Tata Motors, ICICI Bank, HDFC Bank, and Reliance Industries also ended in the red. On the flip side, Bajaj Finance, L&T, Bajaj Finserv, and Titan closed in the green.
Economic Times

10 smallcap stocks sustain strong profit margins, turned multibaggers in FY24 - 8 months ago
Profit margin plays a pivotal role as a key financial metric, offering essential insights into a company's financial health and operational efficiency by assessing how much of its earnings relate to total revenue. A higher profit margin indicates that a company is more effective at controlling costs and generating profits from its operations. ETMarkets conducted an analysis of smallcap stocks that consistently maintained a profit margin exceeding 15% over the past three fiscal years. Initially, this screening process identified 75 stocks within the smallcap category, with the majority of these stocks yielding a price return of over 25% in FY24 thus far. We have identified 10 smallcap stocks that have proven to be multibaggers, doubling investors' wealth within just the first six months of FY24.
Economic Times

Cricket fever propels Indian hotel, media stocks before World Cup - 8 months ago
Shares of Chalet Hotels Ltd. climbed as much as 7.1% to a record high ahead of the Cricket World Cup 2023, with a note by Jefferies analyst Prateek Kumar saying hotel fares have shot up by 150% on average for India match days. Lemon Tree Hotels and EIH Ltd. also traded higher.
Economic Times

Ultratech Cement, JSW Steel, 2 other large cap stocks surpass 100-Day SMA - 8 months ago
The stock market marked a significant day on September 29 as several large-cap stocks exhibited strength by crossing their 100-day Simple Moving Averages (SMA).
Economic Times

JSW Infra shares debut with healthy premium. What should investors do? - 8 months ago
Despite a healthy listing pop, analysts remain optimistic about the company's prospects in the long run and advise investors to hold on to the stock.
Economic Times

Right Chemistry! These 5 chemical stocks with “hold” reco can rally up to 37% despite Chinese headwinds - 8 months ago
While it might not have made it to the headline, some management in their recent concalls have indicated that after its re-opening China has seen a sudden spike in the production of some chemicals which has led to sharp drop in prices. Especially in segments like agrochemicals, there has been pressure on prices. Now the issue is just because they are called chemical companies, they tend to be clubbed together. The fact is that each chemical company operating matrix is so different that it can be called an industry in itself. We look at the stocks where analysts have “hold” recommendation at a time when Chinese headwinds are blowing.
Economic Times

After JSW Infra, Sajjan Jindal aims to list another 2-3 group companies - 8 months ago
This comes after JSW Infrastructure's listing on the exchanges earlier today, which is a first from the group in nearly 13 years since JSW Energy debuted in 2010.
Economic Times

Chinese headwinds: 5 chemical stocks with “hold” reco and upside potential of up to 37% - 8 months ago
While it might not have made it to the headline, some management in their recent concalls have indicated that after its re-opening China has seen a sudden spike in the production of some chemicals which has led to sharp drop in prices. Especially in segments like agrochemicals, there has been pressure on prices. Now the issue is just because they are called chemical companies, they tend to be clubbed together. The fact is that each chemical company operating matrix is so different that it can be called an industry in itself. We look at the stocks where analysts have “hold” recommendation at a time when Chinese headwinds are blowing.
Economic Times

MSCI may include Canara Bank, PNB & 3 other stocks in the India index. Here’s why? - 8 months ago
The domestic brokerage said that it has assessed the probable changes to the MSCI India standard Index assuming the price cut-off date of September 29, 2023.
Economic Times

BLS International Services shares tank 8%, takes losing run to 6th day - 8 months ago
BLS International is an Indian outsourcing service provider for government and diplomatic missions worldwide. Shares of BLS International Services are under pressure after Indian visa services in Canada were suspended amid a diplomatic dispute between the two countries.
Economic Times

Nifty 10% overvalued? Kotak Equities replaces ITC with Infosys in its portfolio - 8 months ago
The October 2023 concentrated All-Season Portfolio consists of stocks viz. Nestle India, Cipla, Bajaj Auto, Tata Consultancy Services (TCS) and Infosys. Apart from ITC, NTPC also made an exit from its portfolio and replaced it with Cipla.
Economic Times

Vedanta demerger: A six-course painkiller for Anil Agarwal's $4 billion headache? - 8 months ago
Vedanta Ltd's parent company Vedanta Resources Ltd (VRL) has debt repayments worth $1.3-1.4 billion to make in the next six months, including bond payments of $1 billion in January 2024. In FY25, there are debt obligations worth $3 billion, besides interest-servicing requirements, according to various brokerage estimates.
Economic Times

Eicher Motors shares fall over 4%, Maruti Suzuki 3%. Here’s why - 8 months ago
The Nifty auto index was one of the worst performing sectors and fell 0.87% and was trading at 16,042.85. In the 15 stock index only three advanced at 10:15 pm while the remaining declined.
Economic Times

Sajjan Jindal on JSW Infra's listing: Would like to list 2-3 more JSW companies - 8 months ago
Shares of JSW Infrastructure, a part of JSW Group, on Tuesday listed with a premium of over 20 per cent against the issue price of Rs 119. The stock made its debut at Rs 143, registering a jump of 20.16 per cent from the issue price on the BSE. Later, it rallied 30.16 per cent to Rs 154.90. "Would like to list 2-3 more JSW companies", JSW Group Chairman and MD Sajjan Jindal told ET Now.
Economic Times

Auto firm and paper stock open window for 5% gains - 8 months ago
The Nifty put up a fight to advance and hold ground. It had to cede some space but ended in the green zone.
Economic Times

Suzlon Energy shares climb over 4% amid high volumes - 8 months ago
In Q1FY24, the company reported a consolidated net profit of Rs 101 crore. It was down 96% from Rs 2,433 crore reported in the corresponding quarter of last year. Revenue from operations during the quarter also fell marginally to Rs 1,348 crore, compared with Rs 1,378 crore in the corresponding quarter last year. Revenues dropped 20% quarter-on-quarter.
Economic Times

Formation of Industry Standards Forum by SEBI – a pragmatic era in regulation implementation - 8 months ago
In a novel, unique and constructive move it has invited three of the main industry associations to together form an Industry Standards Forum which will assist in designing the implementation standards for some of the proposed regulations.
Economic Times

Escorts trading in an upward sloping channel; base shifting higher: Shivangi Sarda - 8 months ago
“Escorts Kubota stock has been continuously making higher lows for six months which suggests that base is shifting higher. Traders can buy for a target of Rs 3450 in the next 2-3 weeks with a stop loss at Rs 3232,” Shivangi Sarda, Analyst, Derivatives and Technical Research, Motilal Oswal Financial Services Ltd, said.
Economic Times

Vedanta shares jump over 4% after company announces demerger plans - 8 months ago
The natural resources major, last week, announced that it will demerge its existing business into six listed companies, aiming to build a simplified corporate structure, while boosting the valuations of the diversified businesses.
Economic Times

Tata Motors, UPL among 5 stocks with RSI trending up - 8 months ago
Over five dozen 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 September 29, Friday. 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.
Economic Times

RVNL shares rise over 4% on winning Rs 1098 crore order - 8 months ago
RVNL said in an exchange filing that it emerged as the lowest bidder for the development of distribution infrastructure at the South Zone of Himachal Pradesh under the Revamped Reforms based and Results-linked, Distribution Sector Scheme (loss reduction works). The project worth Rs 1,098 crore will be executed within 24 months.
Economic Times

For moderate risk takers: 5 midcap stocks from different sectors with potential upside of up to 39% - 8 months ago
After 6 months of relentless rally, mid-cap stocks are witnessing some correction. Will this correction last longer would depend on two things, first earnings in this space and second foreign institutional investor ( FII) flows over next two months. At this point of time analysts are bullish on select midcap stocks, ones which have seen their score improving. Stocks from sectors like sugar, healthcare and logistics are on the list. 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

Vedanta shares rally 4%; brokers upgrade rating on demerger plan. Should you buy or sell? - 8 months ago
The 5 new companies will be named Vedanta Aluminum, Vedanta Oil and Gas, Vedanta Power, Vedanta Steel and Ferrous Materials and Vedanta Base Metals. Vedanta will act as an incubator for Vedanta Group, while also functioning as the holding company for Hindustan Zinc.
Economic Times

Smallcap, midcap stocks outrun Nifty for 6 straight months. Time for bluechip revenge? - 8 months ago
In March 2023, when Nifty started to recover, the mid and smallcap indices were still under selling pressure. But in April, when the headline index gained 4%, the midcap index advanced over 5% while smallcaps gained 7%.
Economic Times

Diversify your wealth: Golden opportunities and silver linings in precious metals - 8 months ago
However, a counterbalancing factor has been central banks increasing their gold reserves while reducing their holdings of US treasuries. This has contributed to gold's resilience in the face of these challenges.
Economic Times

JSW Infrastructure shares debut at 20% premium over IPO price - 8 months ago
JSW Infrastructure has priced the issue in the range of Rs 113-119 per share. The IPO, which is entirely a fresh equity issue of Rs 2,800 crore, was subscribed 37 times at close.
Economic Times

Vaibhav Jewellers shares list unchaged at Rs 215 on exchanges - 8 months ago
The IPO of Vaibhav Jewellers was fully subscribed on the last day of the bidding process. The overall subscription stood at 2.25 times at close. The issue was priced in the range of Rs 204-215. The IPO comprised a fresh issue of Rs 210 crore and an offer for sale (OFS) segment of up to 28 lakh equity shares. The company has raised about Rs 270 crore through the public offer.
Economic Times