Sensex, Nifty end marginally higher; RIL limits upside - 7 months ago
The 30-share BSE benchmark Sensex edged up 90 points or 0.12% to settle at 73,738 and the broader NSE Nifty rose 32 points or 0.14% to end at 22,368. Bharti Airtel, ITC, Infosys, SBI, Maruti, and Tata Motors were the top contributors to the Sensex.
Economic Times

FPI portfolio AUM hits record amid rising exposure to capital goods and auto stocks - 7 months ago
The auto and capital goods sectors had inflows of $815 and $1,157 million respectively as of April 15 on a year-to-date basis resulting in total inflows of $1.9 billion.
Economic Times

Tata Investment among 8 holding companies that have over 50% upside potential in 2-3 years - 7 months ago
Holding companies’ index significantly outperformed the benchmark indices over a longer investment horizon. Specifically, it was observed that the outperformance accelerates during the market boom, as was evidenced during the periods of 2017-18 and 2023-24 when the index nearly doubled in a span of a year.
Economic Times

This smallcap shares zoom 19% as German competitor Heubach files for bankruptcy - 7 months ago
On the back of Heubach’s bankruptcy filing, Sudarshan Chemicals stands to gain meaningful market share in the export as well as domestic markets, said analysts.
Economic Times

Macro changes bring long-term investment opportunities: 4 stocks from irrigation pumps and allied sector - 7 months ago
While pumps and allied space might appear to be an area related only to the agriculture sector, but the fact is it is a sector which is at the intersection of agriculture, technology, and environmental management. The challenges of water scarcity, climate change, and growing global food demands. These three things are going to ensure that over the coming decades the policy makers, which in this case is the government, give direct or indirect support to this sector. Another reason why this sector will remain in the focus area, increasing farmers income has been one of the focus of the policy area of the government. Now for all those who believe that increasing farmer income can be achieved in just a few years, should remember that agriculture as an area comes with many risks, including the weather, soil of that particular area and many other factors. That is why it will happen, but over a period of time. That is why this is for long term investors.
Economic Times

UK's FTSE 100 hits record peak on weaker pound; Associated British Foods surges - 7 months ago
​The UK's blue-chip share index cruised to record highs on Tuesday, helped by a weaker pound and positive corporate updates, while investors focussed on earnings from U.S. tech giants this week.
Economic Times

Voltas, LIC Housing Finance among 5 midcap stocks that hit new 52-week highs on Tuesday - 7 months ago
Indian shares rose on Tuesday, tracking a rebound in global markets as risk sentiment improved on easing fears of an escalation in the Middle East conflict, while corporate earnings also aided sentiment. Meanwhile, in today's trading session, five midcap stocks from the Nifty200 index reached a new 52-week high. Here's the list:
Economic Times

Stay bullish, just add some checks and balances : 4 midcap stocks with upside potential of up to 36% - 7 months ago
In the last few trading sessions, the way market breadth has panned out in the mid-cap segment it is very clear that demand for midcap paper is still very high. If one looks at the reaction of the street to a positive surprise in Q4 results coming from a mid-cap company, it is very clear there is still lots of money which is ready to move into midcap stocks. While good results will bring some moderation in valuations, but on an overall basis, the valuations are still at the higher end. But as the liquidity support continues, there is no point in fighting it. The only thing that needs to be done, that while buy the stocks, be more selective and have a long term perspective. Don't panic if tomorrow due to what the US Fed does or anything happening in the Middle east, there is a correction. That will only happen, if one has done his or her homework before buying the stocks.
Economic Times

Bharti Airtel shares surge 4%, hit 52-week high. Here’s what triggered this stock - 7 months ago
​Bharti Airtel shares surged over 4% on Tuesday to hit a fresh 52-week high of Rs 1,351 on the NSE following the telecom operator's network expansion in different districts in India. Strong volumes supported the surge in stock price as over 78 lakh shares were trading on the NSE around 1:15 pm.
Economic Times

High-conviction picks! 10 mid and smallcap stock ideas from Prabhudas Lilladher - 7 months ago
Ahead of the Lok Sabha elections, Prabhudas Lilladher released a report stating that the beginning of June will be a crucial turning point as uncertainty around the political front and monsoons will be over, which can significantly increase FII inflows. The brokerage firm believes that capital goods, infra, real estate, logistics/ ports, EMS, hospitals, tourism, auto, new energy, E-com and telecom are potent themes to play.
Economic Times

D-Street options under spotlight on US trading firm's $1 billion money-spinning strategy - 7 months ago
Jane Street, which claims to trade in different asset classes at more than 200 venues in 45 countries through its five global offices, is fighting a case against two former employees and Millennium Management.
Economic Times

Anand Rathi initiates coverage on 6 hospital stocks with upside potential of up to 25% - 7 months ago
Anand Rathi initiates coverage on 6 hospital stocks, recommending 'buy' for Max Healthcare, Rainbow Children’s Medicare, KIMS, and Jupiter Life-Line Hospitals, while suggesting 'hold' for Global Health (MEDANTA) and Narayana Hrudayalaya. They cite India's healthcare market potential, driven by demographic changes and non-communicable diseases, forecasting 15% CAGR to Rs 7.7 lakh crore by FY25.
Economic Times

10 mid and smallcap stock ideas from Prabhudas Lilladher ahead of Q4 results - 7 months ago
Ahead of the Lok Sabha elections, Prabhudas Lilladher released a report stating that the beginning of June will be a crucial turning point as uncertainty around the political front and monsoons will be over, which can significantly increase FII inflows. The brokerage firm believes that capital goods, infra, real estate, logistics/ ports, EMS, hospitals, tourism, auto, new energy, E-com and telecom are potent themes to play.
Economic Times

Nifty traders perplexed as fear gauge index crashes 22%. Is that good or bad news? - 7 months ago
India VIX, indicating near-term market volatility, plummeted by 22%, reaching historic lows below 10, leaving Nifty option traders puzzled. Such a drastic drop, comparable to past election result days, suggests minimal expected volatility over the next 30 days, impacting trading strategies.
Economic Times

9 risk management strategies to navigate investment & risk as Sensex hits 75K - 7 months ago
The Sensex's recent performance highlights caution amidst potential corrections and geopolitical volatility. Strategies like diversification, cash allocation, risk analysis, and margin of safety can help investors navigate risks effectively in their investment journey.
Economic Times

FIIs Picks: These 7 stocks rally 70-130% in a year - 7 months ago
Keeping an eye on the actions of big institutional investors can be beneficial since they allocate their funds following comprehensive research. According to a study by ETMarkets, foreign institutional investors (FIIs) have consistently increased their investments in 12 stocks from the BSE 100 index for the last four quarters (June 2023 to March 2024). All these stocks have risen more than 24% in the past year, and three of them became multibaggers. We have highlighted the top seven stocks that have achieved remarkable gains ranging from 70% to 130% in just one year. (Data Source: ACE Equity)
Economic Times

Tejas Networks gain nearly 40% in 2 days to record high after Q4 results - 7 months ago
The consolidated net profit of the company for the March quarter stood at Rs 146.8 crore, against a loss of Rs 11.47 crore during the same quarter last year.
Economic Times

Weekly Small Cap Top Picks: These stocks scored 10 on 10 on Stock Reports Plus - 7 months ago
Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools - earnings, fundamentals, relative valuation, risk and price momentum.
Economic Times

Vodafone Idea shares jump over 6% a day after FPO subscribed 6.5x - 7 months ago
In an exchange filing on Monday, Vodafone Idea stated: "We wish to inform you that the Board, at its meeting held today i.e. 22 April 2024, has approved and adopted the prospectus dated 22 April 2024 (the “Prospectus”), in connection with the Offer."
Economic Times

Vi shares jump nearly 6% a day after Rs 18,000 crore FPO sails through - 7 months ago
Last week, Vi had raised Rs 5400 crore from 74 anchor investors by allotting 4.91billion shares at Rs 11 apiece.
Economic Times

Multibagger smallcap stock climbs 9% as board to consider bonus share proposal - 7 months ago
"We would like to inform you that a meeting of the board of directors of the company is scheduled to be held on Thursday, 25th April, 2024, inter-alia, to consider and approve the proposal for issuance of Bonus Equity Shares to the shareholders of the company," Inox Wind said in an exchange filing.
Economic Times

Mamaearth shares rally 8% as The Derma Co hits Rs 500 crore revenue milestone - 7 months ago
Honasa Consumer, the parent company of skincare brand The Derma Co., saw its shares surge by up to 7.6% to Rs 435 on BSE after announcing The Derma Co.'s achievement of an annual revenue run rate (ARR) of Rs 500 crore.
Economic Times

DLF, Oberoi Realty among 5 stocks with long buildup - 7 months ago
A long buildup occurs when there is an increase in open interest and trading volumes alongside a rise in the price of the underlying stock in the Futures and Options segment, indicating a bullish trend in the market. In Tuesday's trading session, five stocks experienced a buildup of fresh long positions. Here's the list:
Economic Times

National Aluminium, Dalmia Bharat among 5 stocks with short buildup - 7 months ago
A short buildup is when there is a rise in open interest and volumes along with a decrease in the price of the underlying stock in the Futures and Options segment. Short buildup means more people are expecting the prices to go down and creating short positions. In Tuesday’s trading session, five stocks witnessed a build of fresh short positions. Here's the list:
Economic Times

Energy stock and automobile player make space to rise about 5% each - 7 months ago
Nifty opened strong and grew stronger as the day progressed to end the day with gains.
Economic Times

Shares of M&M Finance dips 5% as NBFC postpones Q4 results on Rs 150 crore fraud detection - 7 months ago
Mahindra & Mahindra Financial Services shares fell 5% to Rs 257 in early trading due to the announcement of delayed Q4 results following a fraud exceeding Rs 150 crore at a North East branch.
Economic Times

Ramdevbaba Solvent shares debut with 32% premium on NSE SME platform - 7 months ago
Ramdevbaba Solvent debuts with 31.8% premium on NSE SME platform. IPO oversubscribed 100 times. Proceeds for new facility, debt repayment. Manufacturer of rice bran oil serving FMCG companies like Marico, Mother Dairy with diverse product range.
Economic Times

Grill Splendour Services debuts at just 1% premium over issue price - 7 months ago
Grill Splendour Services IPO, which was entirely a fresh equity issue of 13.72 lakh shares, received a decent response from investors with an overall subscription of over 6 times.
Economic Times

Hot Stocks: Brokerages on RIL, Entero Healthcare, Natco Pharma and Persistent Systems - 7 months ago
Brokerage Nomura upheld a neutral rating on Persistent Systems, while Investec continues to advocate a buy stance on Natco Pharma and has initiated a buy recommendation on Entero Healthcare. Conversely, CLSA has downgraded RIL to an outperform rating.
Economic Times

Stock Radar: Why IGL could be a contra buy after 28% fall from highs? - 7 months ago
Indraprastha Gas fell 28% from record high but correction expected. Traders advised buying for Rs 530-560 target. Clean energy focus. Stock shows signs of bullish trend with support at lower channel.
Economic Times

7 largecap stocks that are below industry PE levels can rally up to 22% - 7 months ago
Low PE stocks, often regarded as value stocks, are typically favoured for long-term investment strategies. Trendlyne data indicates that SBI Life, LIC, Infosys, HCL Tech, and Adani Ports are currently trading at lower PE ratios compared to their respective industry averages. Despite belonging to different sectors, these stocks have the potential to rally by up to 22%, as suggested by Trendlyne data.Here is a list of 7 largecap stocks with below industry PE levels that can rally up to 22%:
Economic Times

RIL shares see target prices going up to Rs 3,500 after Q4 results. Time to buy? - 7 months ago
Reliance Share Price: RIL shares, which have gained around 14% in the calendar year so far, were trading flat in Tuesday's morning trade but brokerages have increased their targets going up to Rs 3,500-mark.
Economic Times

5.5 lakh retail investors buy Vodafone Idea shares in Q4 - 7 months ago
Vodafone Idea's retail investor shareholding surged by 55 lakh post FPO. Individual investor stake reached 6.17%. Mutual funds stake dropped to 2.06%. Company updated exchanges on shareholding. Telecom operator successfully raised Rs 18,000 crore.
Economic Times

Sensex rises for 3rd straight day, up 300 pts tracking global cues; Nifty above 22,400 - 7 months ago
The BSE Sensex was trading 314 points or 0.42% higher at 73,947. Nifty50 was trading at 22,426, up 90 points or 0.40% at around 9.22 am.
Economic Times

Tata Consumer Q4 results today: What to expect and how to trade the stock? - 7 months ago
Tata Consumer to announce Q4 results with expected revenue growth in various segments. Sharekhan predicts volume growth in the domestic tea business. Nuvama expects strong performance from Capital foods. US Coffee volumes may remain steady.
Economic Times

Asian shares extend gains ahead of tech earnings, yen fragile - 7 months ago
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.5%, helped by a 1% jump in Taiwanese shares and a 0.8% advance in Hong Kong's Hang Seng index.
Economic Times

US stocks end higher with major corporate earnings in view - 7 months ago
The benchmark S&P 500 and the Nasdaq rebounded from a decline over the past six sessions which had been caused by investors re-evaluating their expectations on interest rate cuts in the wake of strong economic data, geopolitical tensions, persistent inflation and commentary from Federal Reserve officials.
Economic Times

Big movers on D-Street: What should investors do with TVS Motor, Berger Paint and Tata Communications? - 7 months ago
Stocks that were in focus included names like TVS Motor, which rose 2.22%, Berger Paint, which increased 0.7%, and Tata Communication, whose shares declined 1.55% on Monday.
Economic Times

Stock Radar I Time to buy? Raymond records range breakout on daily charts: Ruchit Jain - 7 months ago
“Raymond stock price was consolidating within a range since last few months and prices have given a breakout from the resistance. Traders can buy for a target of Rs 2100 and a stop loss can be placed below Rs 1900,” Ruchit Jain, Lead Research, 5paisa.com, said.
Economic Times

Stocks in news: Tata Consumer, ICICI Pru, RIL, Adani Enterprises, Hero MotoCorp - 7 months ago
Shares of Tata Consumer, ICICI Pru, Tata Elxsi, M&M Finance, 360 One Wam, MCX and Cyient DLM will be in focus as the companies will announce their fourth quarter results today.
Economic Times

Capital Goods have the power to rally further - 7 months ago
Based on meetings with six players focused on the T&D space and analysis of 12 players' commentaries, the brokerage said the pipeline of projects approved by the Central Electricity Authority of India (CEA) stands robust for next 2-3 years and is likely to be positive for most players in the value chain for the next 4-5 years. "Increase in market shares may result in 15-20% growth in T&D or energy segment inflows and revenues.
Economic Times

MUFG likely to sweeten $1.7 billion offer for HDB Finance - 7 months ago
The two sides are seeking to reach an agreement in about a month, the people said, asking not to be identified discussing private information. MUFG has been working on the purchase of a 20% stake in HDB Financial Services, Bloomberg News reported on April 12.
Economic Times

Europe emerges as hotspot for Indian IT M&As, tops buy chart - 7 months ago
Indian IT giants are on a European shopping spree, snapping up companies at a rapid clip. Europe's booming tech sector, outpacing North America, has fueled over a dozen acquisitions since the pandemic.
Economic Times

Hot Stocks: 3 stocks that may give returns between 18- 59% - 7 months ago
Here's a look at some of the latest stock recommendations by analysts. These stocks are expected to return between 18% and 59% as per analysts’ price targets.
Economic Times

Profit booking in equities likely post polls: Bernstein - 7 months ago
"Despite the opinion poll data making the 390-400 target look almost certain, we believe the gain of seats in low penetration states may not significantly exceed the loss in others," said Bernstein's analysts Venugopal Garre and Nikhil Arela in a client note.
Economic Times

GSPL skids 19% after regulator halves HP Transmission tariff - 7 months ago
PNGRB reduced the tariffs to ₹18.1/mmbtu (million British Thermal Unit), from the earlier price of ₹34/mmbtu. GSPL had asked a revision of price to ₹50.8/mmbtu to the board, which was not approved.
Economic Times

Stock Radar: Raymond records range breakout after 7 months on daily chart. Time to buy? - 7 months ago
The stock gave a break down from 1,900-2,000 levels in September 2023 and since then it has seen a timewise and price-wise correction. It found support above 1,600 levels. The garment stock finally broke out from the range as it closed above 2,000 levels. It closed at Rs 2,011 on April 19, 2023. It rallied over 6% in a week.
Economic Times

US stocks gain after Friday sell-off, Mideast tensions temper - 7 months ago
Tesla, Meta Platforms, Alphabet and Microsoft will be in focus this week as the companies gear up to deliver their quarterly numbers. Their performance could further test the rally in U.S. stocks.
Economic Times

HDFC Bank decision to refrain from price war on deposits and infra bonds will help improve NIM: Analysts - 7 months ago
Effectively, the bank will not be required to set aside cash reserve ratio (CRR) and statutory reserve ratio on the infrastructure bonds. HDFC Bank absorbed HDFC Ltd's Rs 1 lakh crore infra bonds following the merger, effective July 2023.
Economic Times

Sebi finds Adani offshore investors in disclosure rules violation: Report - 7 months ago
SEBI found offshore funds breaching Adani investment rules, seeking settlement with penalty. Regulator demanded group level disclosures. Adani denies 'acting in concert'. No response to email requests.
Economic Times