Gift Nifty remains open for trading on Holi - 8 months ago
​Gift Nifty, earlier known as SGX Nifty, is open for trading despite being a national holiday on account of Holi. Gift Nifty, which is a futures contract based on the Nifty50 index of NSE, is closed on five days in the entire year.
Economic Times

SRM Contractors IPO opens Tuesday. 10 things to know before subscribing to the issue - 8 months ago
​The initial public offering (IPO) of SRM Contractors will open for subscription tomorrow. The issue closes on March 18. Through the public offer, the company plans to raise around Rs 130 crore. Here are 10 things to know about Krystal Integrated Services IPO before subscribing to the issue.
Economic Times

Market Trading Guide: Bajaj Auto, Sun Pharma among 5 stock recommendations for Tuesday - 8 months ago
Indian shares advanced on Friday, posting weekly gains, helped by a rally fuelled by investor optimism around the Federal Reserve sticking to its rate-easing stance this year. The S&P BSE Sensex closed 0.26% higher at 72,831, while the NSE Nifty50 index ended just below the 22,100 level."The short-term trend of Nifty remains positive. A sharp move above the hurdle of 22200-22300 levels could pull Nifty towards new all-time highs around 22550 levels. Immediate support is at 22880 levels," said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.
Economic Times

Under Pressure! How much MRF, Ceat and other tyre stocks lost in March - 8 months ago
Tyre stocks such as Apollo Tyres, CEAT, MRF, and JK Tyre, among others, have lost up to 21% since the beginning of March as their profitability is under pressure due to surging raw material prices. Take a look at how much have stocks of tyre companies lost in this month so far (Source: Ace Equity)
Economic Times

Turnaround story: 40 smallcaps that lost over 30% in FY23, turn multibaggers in FY24 - 8 months ago
The FY24 has been a turnaround year for smallcap stocks, witnessing a significant rally with many stocks turning multibaggers. However, concerns over valuations raised by Sebi might moderate returns in FY25. While equity bulls partied hard in most of FY24, the Securities and Exchange Board India (Sebi) turned a party spoiler towards the end.
Economic Times

Asia Pacific markets mixed, China supports Yuan - 8 months ago
Asian equities steady as investors await economic data. China's currency gains, US futures stable. Treasuries, bond yields show little change. Premier addresses economy concerns. Yen strengthens, dollar weakens. Global inflation data monitored.
Economic Times

More Indians in global rich list as Chinese slip, Europeans lag - 8 months ago
Hurun's Rupert Hoogewerf discusses the wealth disparities among Indians, Chinese, and UK individuals. He emphasizes the confidence of Indian businessmen and the growth in the number of affluent individuals on the Hurun India Rich List.
Economic Times

HSBC suggests top midcap picks; deeper drop unlikely - 8 months ago
HSBC's top midcap picks in Mumbai expected to deliver 9%-55% returns this year. Firm sees midcap opportunities in the sell-off, unlikely deep correction in small and midcaps due to a strong domestic economy and market conditions.
Economic Times

As valuations run ahead, time to be selective? 4 real estate stocks with upside potential of up to 20% - 8 months ago
Like business and economic cycles, stock markets also have cycles where they will take a liking to a particular sector in such a manner that valuations will go through the roof. Then comes a phase, where the same sector is thrown down the dumps. Real estate sector is one sector where in 2008, valuations were at their peak. then come and fall and by the start of 2020 valuations were in the dumps. Thanks to many factors, including sudden spurt in demand in covid and post, sector being cleaned both due to pressure from the banks and the impact of new laws like RERA, there was an upswing in the industry. This happened at a time when liquidity was high and we have seen a resurgence of select real estate stocks. If one looks at the announcements coming from the industry about projects getting sold, it indicates that demand is high. Whether the stock prices are already reflecting the rosy picture?
Economic Times

Opportunity in short term headwinds? 4 AMC stocks with upside potential of up to 37% - 8 months ago
While there is always a talk about how many new demat accounts have been opened every few months. But how many folios have got added in the mutual fund industry is something which does not make it to headlines. What makes a headline is just the headwinds, about new rules and regulations or a new competition coming up. But in reality, this fact is that for mutual funds houses or AMC companies, these headwinds are very minor things to handle, because they have the biggest macro tailwind of financialisation of saving, a trend which got really strong post demonetisation. Let's look at the different headwinds and some narratives around them which the AMC industry has dealt with over many years and still come out strong.
Economic Times

DMart among 7 stocks on which brokerages initiated coverage, expected to rally up to 30% - 8 months ago
A host of brokerage firms, including global and domestic, have initiated coverage on several stocks. They are bullish on these companies, which include Avenue Supermarts, JSW Infra, Sula Vineyards, and BEML with a targeted upside of up to 30%. Here is a list of 7 stocks on which brokerages initiated coverage:
Economic Times

As valuations run ahead, time to be selective? 4 real estate stocks with upside potential of up to 52% - 8 months ago
Like business and economic cycles, stock markets also have cycles where they will take a liking to a particular sector in such a manner that valuations will go through the roof. Then comes a phase, where the same sector is thrown down the dumps. Real estate sector is one sector where in 2008, valuations were at their peak. then come and fall and by the start of 2020 valuations were in the dumps. Thanks to many factors, including sudden spurt in demand in covid and post, sector being cleaned both due to pressure from the banks and the impact of new laws like RERA, there was an upswing in the industry. This happened at a time when liquidity was high and we have seen a resurgence of select real estate stocks. If one looks at the announcements coming from the industry about projects getting sold, it indicates that demand is high. Whether the stock prices are already reflecting the rosy picture?
Economic Times

IndusInd Bank, National Aluminium among 5 stocks with long buildup - 8 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 Friday's trading session, five stocks witnessed a build of fresh long positions. Here's the list:
Economic Times

Dabur, Indian Hotels among 5 stocks with short buildup - 8 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 Friday’s trading session, five stocks witnessed a build of fresh short positions. Here's the list:
Economic Times

Diversify the risks even in largecap segment: 5 largecap stocks with upside potential of 25-33% - 8 months ago
After a brutal correction, at an index level we can see some respite. But at the broader market levels, there are clear signs that valuations are still a concern. So, it might be too premature to call that the risk of overall high valuations leading to more time wise correction is over. There are questions at this point of time which need to be addressed. First, what does one do with existing investments? Second, which set of stocks one should look at if one is making if one is planning to put in fresh money? The answer to the first question, move out of stocks where fundamentals are in doubt and stocks price have just moved up because of liquidity which was rolling on the street. For the second one, stick to large caps and even in that diversify exposure to different sectors. Don't over expose oneself to one sector as one headwind in a sector can take away gains. Last but not least, stick to companies with certain level of Return on Equity (ROE), Return on Capital Employed (ROCE), and company debt levels should not be overlooked
Economic Times

FPIs infuse over Rs 38,000 cr in equities in March so far amid strong domestic economic outlook - 8 months ago
​FPIs have shown a significant resurgence in their investment activity within the Indian equity markets this month, injecting over Rs 38,000 crore, mainly driven by favourable shifts in the global economic scenario and strong domestic macroeconomic outlook.
Economic Times

Corporate actions this week: REC, SBI Card, HUDCO to go ex-dividend, Persistent Systems ex-split and more - 8 months ago
​There are a host of corporate actions scheduled for this week. Aditya Vision, Crisil, HUDCO, REC, and SBI Card will trade ex-dividend, while Persistent Systems will trade ex-split this week.
Economic Times

Five of top 10 firms take Rs 1.97 lakh cr hit in market valuation; TCS, Infy biggest losers - 8 months ago
​The combined market valuation of five of the 10 most valued firms eroded by Rs 1,97,958.56 crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the biggest hit amid volatile trends in equities. Last week, the BSE benchmark climbed 188.51 points or 0.25 per cent.
Economic Times

The case for transparency: Why India's broking industry needs to put clients first - 8 months ago
India’s broking industry has experienced massive growth ever since the years of the pandemic. According to reports from January 2024, 4.9 million demat accounts were opened in December of 2023 itself, with the year ending at a total tally of 139 million.
Economic Times

3 investing traps and how to avoid them - 8 months ago
​This time we discuss popular ‘Traps’ in equity investing, which we are often aware of, but do tend to ignore in flow with herd mentality and conformity with popular opinions.
Economic Times

Prefer short on HCL Tech on pullbacks: Anand James, Geojit Financial Services - 8 months ago
​IT stocks were among the biggest Nifty losers in the week. HCL Tech, which ended about 5.5% down, formed a long-legged Doji candle on the daily charts, which is a reversal sign. “But the resistance at Rs 1570 appears strong for now. Weekly MACD has crossed below the signal line which is a bearish signal.
Economic Times

T+0 settlement, Nifty rejig, F&O expiry among 10 factors to hog D-Street in truncated week - 8 months ago
​The week ahead is expected to be action-packed for Dalal Street investors despite being a truncated one, as all eyes will be on the launch of the ‘T+0’ settlement cycle by exchanges.
Economic Times

Not just gold, silver too can make your portfolio outshine. Here’s why - 8 months ago
This white-grey metal offers robust protection against inflation as well as downside risks due to its high utility and store of value. While its price often moves in tandem with gold, silver tends to be more volatile. With the current uptrend in silver’s price, it is also expected to reach an all-time high level soon.
Economic Times

Norges Bank of Norway supports ICICI Securities delisting - 8 months ago
The move of the Norway-based Norges Bank provided a shot in the arm of ICICI Securities' plan to delist itself as it needs two-thirds of the public shareholders' support to pass the resolution.
Economic Times

Maruti Suzuki acquires over 6% stake in Amlgo Labs - 8 months ago
The investment is being made through Maruti Suzuki Innovation Fund, an initiative to undertake strategic investments in startups exhibiting high levels of technological innovation, the auto major said in a statement.
Economic Times

These 7 smallcap stocks have up to 26% dividend yields. Take a look - 8 months ago
Investors often seek dividend stocks as they are consistent payouts irrespective of the market sentiments. Axis Securities has listed smallcap stocks that have the highest dividend yields in the last year. Take a look at the top 7 picks.
Economic Times

Risks are of different kinds: The ‘market risk’ and ‘unnecessary self-created anxiety risks’; avoid the latter by checking little yet critical things - 8 months ago
In a fortnight where smallcaps were the worst performers and large investors are counting on how much losses their smallcap portfolio have incurred. There are still some die-hard small fans who would be looking to invest in small caps and there is nothing wrong in investing in small caps even in mayhem if one is sure of holding it for the next three to five years. The only thing that needs to be ensured is that one should understand that there is a difference between a good business and a bad business even in the small, mid and largecap segments. There is a difference in the absolute value of the stock and the value of the company. There are some businesses that will remain small but are so niche that they will still make wealth for you if you hold them for some time. But if your definition of smallcap stocks is a stock that is quoting at below Rs 20 or an X amount and the reason you want to buy that stock is because you are hoping your money will grow by ten times, then forget small, mid or large, the stock market is not a place where you will make a return, the only thing you will get is unnecessary anxiety.
Economic Times

Electoral Bonds: These companies donated way higher than their profits - 8 months ago
Future Gaming & Hotel Services was noteworthy because it donated over Rs 1,300 crore to political parties via electoral bonds -- higher than any other entity. Interestingly, this amount is over six times its combined net profit of Rs 215 crore for 2019-2023. Future Gaming is not alone. Several other corporate entities with weak financial performance have also donated a significant chunk of their earnings or profits to political parties through the now-banned electoral bonds. Let's look at the companies that donated more than earned between FY19-23.
Economic Times

FPIs sell Rs 7,200 crore worth shares in a week; is this a trend reversal indication? - 8 months ago
Selling by the big bulls restrained the upside in benchmark indices, as the BSE Sensex clocked just 0.3% gains. However, FPIs turned net buyers in March after being net sellers in both January and February
Economic Times

Risks are of different kinds: The ‘market risk’ and ‘unnecessary self-created anxiety risk’; avoid the latter by checking little yet critical things - 8 months ago
In a fortnight where small caps were the worst performers and large investors are counting at how much losses their small cap portfolio have incurred. There are still some die hard small fans who would be looking to invest in small caps and there is nothing wrong in investing in small caps even in mayhem if one is sure of holding it for next three to five years. The only thing which needs to be ensured is that one should understand that there is a difference between a good business and a bad business even in the small , mid and large cap segment.There is a difference in absolute value of the stock and value of the company. There are some businesses which will remain small but are so niche that they will still make wealth for you if you hold them for some time. But if your definition of small cap stocks is a stock which is quoting at below Rs 20 or an X amount and the reason you want to buy that stock is because you are hoping your money will grow by ten times, then forget small, mid or large, stock market is not a place where you will make a returns, only thing you will get is unnecessary anxiety.
Economic Times

These 7 smallcap stocks have up to 26% dividend yield. Take a look - 8 months ago
Investors often seek dividend stocks as they are consistent payouts irrespective of the market sentiments. Axis Securities has listed smallcap stocks that have the highest dividend yields in the last year. Take a look at the top 7 picks.
Economic Times

Challenges turning into tailwinds? 6 auto stocks from different segments with upside potential between 7-40% - 8 months ago
Between March 2023 and 2024, the market cap of the one of oldest automakers doubled. No we are not talking about Tata motors, which is the first auto stocks to get re-rated. What is more important is that this doubling of market cap happened in absence of any major product launch or any restructuring of the company. There could be two probable reasons for it, first street realized that challenges which some of the new age companies in the auto sector were supposed to bring were more narrative than reality. Second, there is no substitute for a strong balance sheet combined with battle hardened management which has seen many economic cycles. Given the stretched valuations, it might be sensible to stick to some good old war horses.
Economic Times

T+0 trade settlement to begin from March 28; here’s all you need to know - 8 months ago
Trade settlement is the process of transferring securities and funds between buyers and sellers after a trade is executed. The shorter the settlement cycle, the faster investors can access the securities and funds. Currently, the Indian stock market operates on a T+1 settlement cycle for all scrips.
Economic Times

Learn with ETMarkets: How to master risk with ATR and position sizing in gold and silver? - 8 months ago
A versatile technical indicator, ATR measures market volatility by calculating the average range between high and low prices over a specified period. It provides insights into the magnitude of price movements, allowing traders to gauge market volatility more accurately.
Economic Times

BSE, NSE to introduce ‘T+0’ trade settlement in securities on March 28 - 8 months ago
On March 21, the Sebi issued the framework for implementing the beta version of same-day settlement on an optional basis, in addition to the T+1 settlement cycle.
Economic Times

This multibagger stock turned Rs 10,000 to Rs 14 lakh in just 10 years. Do you own? - 8 months ago
In the recent past, the stock came under extreme pressure, falling 170% in just over two months of 2024. In the last 3 months, the shares have lost 225%.
Economic Times

Master Market Cycles: Recognize patterns, time investments - 8 months ago
A common mistake investors make is trying to predict when to buy and sell stocks. Understanding how markets move can help us make smarter decisions about where to put our money.
Economic Times

Tobias Carlisle's 7 principles of deep value investing for long- term success - 8 months ago
Renowned investor Tobias Carlisle says if you want to ensure the best risk-reward ratio, deep value investing is the way to go, and that would require you to be willing to go against intuition and what is normally accepted in the investment world.
Economic Times

Smallcaps make a striking comeback with 52 double-digit gainers. Are valuation concerns over? - 8 months ago
Around 52 smallcap stocks delivered double-digit returns and Manoj Vaibhav Gems was the top gainer at 43%. It is followed by eMudhra and Vadilal Industries, whose shares jumped 40% and 25%, respectively.
Economic Times

Nippon’s smallcap fund puts further curbs on inflows - 8 months ago
The fund house will now only accept applications worth ₹50,000 per PAN per day from Friday.
Economic Times

All-tolerant Powell sends Wall Street into a buying frenzy - 8 months ago
Wall Street debates Federal Reserve policy on asset prices. Traders allocate funds across markets. ETFs attract $374 billion during an unprecedented equity rally. S&P 500 surges 27%. Marketfield Asset Management criticizes inflation goal progress.
Economic Times

Galaxy Health Gets Regulator's Nod - 8 months ago
Regulator gave the licence to Galaxy Health and Allied Insurance to operate health insurance business. The total number of health insurers goes up to seven.
Economic Times

Wall St Week Ahead: Broadening US market rally gets boost from dovish Fed - 8 months ago
Investors in the coming week will be watching Friday's personal consumption expenditures price index that will offer the latest read on inflation. The end of the first quarter also could prompt volatility as fund managers adjust their portfolios.
Economic Times

S&P 500 ends near flat but index posts biggest weekly gain of year - 8 months ago
Shares of Nike fell 6.9%, a day after the world's largest sportswear maker warned that revenue in the first half of fiscal 2025 would shrink by a low-single-digit percentage.
Economic Times

Accenture's revenue outlook cut sends IT stocks crashing - 8 months ago
Investors reduced IT shares post Accenture's lowered revenue guidance, impacting Nifty IT, TCS, Infosys, Cyient, Mastek, LatentView, LTI Mindtree, Wipro, HCL Technologies. Cautious sentiment lingers with modest prospects till 2024.
Economic Times

The great central bank interest rate policy reversal kicks off - 8 months ago
Central banks are set to cautiously decrease interest rates to prevent inflation resurgence from low unemployment. Incremental adjustments will differ from past hikes, with expected rates higher than historic lows due to global economic shifts.
Economic Times

Lululemon sinks 17% as annual forecasts disappoint - 8 months ago
Nike shares fell 8% as it plans to focus on trendier sneakers, while Lululemon Athletica dropped 17% due to declining demand for premium athleisure. Both companies face challenges amidst reduced customer spending.
Economic Times

Dow, S&P 500 slip, but still set for this year's best week - 8 months ago
Dow, S&P 500 poised for gains with Fed's stance. Nasdaq eyes best week. June rate cut predicted. Tesla cuts production. Semiconductor Index rises. Central bankers' comments awaited for market cues.
Economic Times

Investors approve merger to list Trump's social media company - 8 months ago
Shareholders approved a merger Friday to list Donald Trump's social media venture on the stock market, potentially providing some $3 billion to the ex-president. Investors of Digital World Acquisition Corp., an investment vehicle, voted to combine with Trump Media & Technology Group, which owns Trump's "Truth Social" platform.
Economic Times

Nike shares slide 8% as switch to newer styles to squeeze revenue - 8 months ago
The company anticipates lower sales, focusing on trendier sneakers. It aims to revive its running shoe category and launch Air Max Dn. Concerns over DTC strategy and weak North America demand persist. Nike shares have lost 16% of their value over the last 12 months.
Economic Times