Fed's Kashkari: 'Reasonable' to taper late this year or early next - 11 months ago
"It is a question of when, not a question of if" the Fed will slow its bond-buying, currently at $120 billion each month, Kashkari said at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Montana.
Economic Times

Maintain ‘hold’ on Eicher Motors with unchanged TP of Rs 2,600HSBC - 11 months ago
Strong traction in exports in recent quarters by most companies, including for RE, is a medium-term positive as well. For RE, in particular, the risk of an EV pick-up is low as well.
Financial Express

5 Nifty stocks that hit record highs in August still have 90% buy recommendations - 11 months ago
ICICI Bank, State Bank of India, Larsen & Toubro, Bharti Airtel and SBI Life Insurance have the highest number of “buy” or “strong buy” calls, as a proportion of analyst views. Three of them — SBI Life Insurance, ICICI Bank and State Bank of India — have no “sell” calls, data suggest.
Economic Times

Share Market LIVE: Sensex claims 56,000 for first time ever, Nifty nears 16700; HDFC Bank jumps 2.5%FE Online - 11 months ago
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic benchmark indices opened at fresh all-time highs on Wednesday morning. Bank Nifty regained 36,000.
Financial Express

Sensex scales Mt 56K for first time ever: Key factors driving the market - 11 months ago
Retail investors continue to buy aggressively in the market unmindful of the excessive valuations, particularly in the broader market. It's time to move over to the safety of largecaps from the overvalued mid- and smallcaps, said an analyst.
Economic Times

HDFC Bank, Reliance Naval, Vodafone Idea, Future Retail, Rate Gain Travel, Meghmani Finechem stocks in focusFE Online - 11 months ago
After posting record closing highs on Tuesday, BSE Sensex and Nifty 50 were likely to open at fresh record high levels on the day of weekly F&O expiry.
Financial Express

Prudent capex plan may improve Petronet LNG’s cash flow, dividend - 11 months ago
The prudent approach towards capital allocation would ensure better free cash flow (FCF) and therefore a greater probability of retaining the past year’s dividend payout in the coming years.
Economic Times

Need to sort valuations issues first: PFRDA Chief - 11 months ago
On the performance of National Pension System (NPS), Bandyopadhyay said retail sector participation in NPS has reached a subscriber base of over 3 million, as on August 14, and the corpus under this is about to reach a landmark ₹1 lakh crore mark. "Retail is a big landmark for us, because three years back our corpus was just about 13-13.5 lakh," he said.
Economic Times

Rise in claims for non-Covid procedures may hit insurers - 11 months ago
India’s health insurance industry, recovering from the devastating second wave of coronavirus infections in the June quarter, is now preparing for a new challenge — a surge in claims from planned hospitalisations deferred since early 2020.
Economic Times

TCS 2nd Indian company after RIL to cross Rs 13 lakh crore m-cap - 11 months ago
Seventeen years after it sold its stock for the first time in a relatively late public debut, Tata Consultancy Services crossed the ₹13-lakh-crore mark in market value Tuesday, becoming only the second in the country to do so — after Reliance Industries.
Economic Times

Institutions reject Lupin’s proposal on ESOPs - 11 months ago
While 78.61% of the institutional investors voted against the two-resolution pertaining to ESOPS, 21.39% voted in favour. Although 72.59% of Lupin’s total shareholders, including promoters, voted in favour, the special resolution failed to go through.
Economic Times

TLTRO funds helped several non-bank lenders stay afloat - 11 months ago
A dedicated central bank window, created after the first spell of lockdowns last year, helped several non-bank lenders stay afloat even when other funding sources dried up for many of these last-mile financiers.
Economic Times

Supply shocks add more fuel to sugar stocks’ rally - 11 months ago
Sugar stocks were in a sweet spot on Tuesday as raw sugar prices touched their highest level in over four years due to a fall in supply. Availability has been hit due to reduced production in Brazil, the biggest global producer of the sweetener and ethanol.
Economic Times

SBI’s Prasad and Indian Bank’s Chunduru in race for NSDL top post - 11 months ago
The country’s largest depository National Securities Depository Ltd (NSDL) has shortlisted two veteran bankers for the chief executive’s post. The change at the helm of the depository comes after eight years, with the incumbent retiring by the end of the month.
Economic Times

Govt, RBI are keeping a close watch on Fed’s rate moves: FM - 11 months ago
The government and the Reserve Bank of India (RBI) were keeping a close watch on the consequence of an increase in interest rates by the US Federal Reserve while domestic inflation was not a huge concern at the moment as supply-side issues were being addressed, finance minister
Economic Times

RBI allows HDFC Bank to issue credit cards - 11 months ago
On December 3, in an unprecedented move the bank was barred from issuing new credit cards and launching any new digital products after multiple issues linked to digital banking, cards and payments on the bank's platform in the last two years.
Economic Times

Stocks in the news: HDFC Bank, HAL, Canara Bank, VIL and Meghmani Finechem - 11 months ago
The company company will get listed on the BSE and the NSE on Wednesday. The shareholders of Meghmani Organics were allotted 94 fully paid equity shares for every 1,000 fully paid equity shares.
Economic Times

TCS market valuation races past Rs 13 lakh cr markPTI - 11 months ago
The company reached this milestone after shares of the company jumped 2.32 per cent to close at Rs 3,552.40 on BSE.
Financial Express

NSE-BSE bulk deals: Elara India Opportunities Fund buys stake in Karda Constructions - 11 months ago
Elara India Opportunities Fund today bought 961,340 shares of Karda Constructions at Rs. 21.5 apiece through a bulk deal on the BSE.
Economic Times

Sebi drops certain disclosure requirements for promoters upon share acquisition - 11 months ago
The amendment will be effective from April 1, 2022, the regulator said in a notification, dated August 13.
Economic Times

Sebi drops certain disclosure requirements for promoters upon share acquisitionPTI - 11 months ago
The Securities and Exchange Board of India (Sebi) has amended the takeover regulations because of the implementation of the System Driven Disclosures (SDD).
Financial Express

RBI lifts ban on HDFC Bank issuing credit cards - 11 months ago
On December 3, in an unprecedented move the bank was barred from issuing new credit cards and launching any new digital products after multiple issues linked to digital banking, cards and payments on the bank's platform in the last two years.
Economic Times

Trade Setup: Don’t chase overheated stocks, go for good quality largecaps - 11 months ago
The future and options data showed continued addition of open interest in 16,500 and 16,600 strike price put options, suggesting that Nifty50 has shifted its base higher.
Economic Times

Cathie Wood rebuts Michael Burry, saying he misses innovation fundamentals - 11 months ago
In a Twitter thread on Tuesday, Wood laid out the thinking behind Ark Investment Management’s approach and called out Burry directly.
Economic Times

Apollo Hospitals to gain from rising non-Covid business, traction in pharmacy - 11 months ago
Analysts expect the company to deliver 26 per cent revenue growth and a 55 per cent EBITDA (earnings before interest depreciation tax and amortization) growth and value unlocking of some of its businesses at some point.
Economic Times

Robust Q1 earnings could brighten growth picture, says Axis Bank chief economist - 11 months ago
Saugata Bhattacharya, chief economist at Axis Bank, and a veteran when it comes to analysing the vicissitudes of economic cycles, believes that the proverbial glass is half full rather than half empty when it comes to India’s GDP growth.
Economic Times

Ahead of Market: 12 things that will decide stock action on Wednesday - 11 months ago
Mazhar Mohammad of Chartviewindia.in said there are neither sell signals nor weaknesses on the price chart and advised traders to lock in their profits by placing a stop loss below the 16,490 level and look for a modest target of 16,700.
Economic Times

Twin blows land on Vedanta, stock plunge 12% - 11 months ago
Shares of Vedanta, which climbed to a 52-week high of Rs 341.25 on Monday, closed at Rs 302.65, down 10 per cent.
Economic Times

Prudent Capex plan may improve Petronet’s cash flow, dividend - 11 months ago
The prudent approach towards capital allocation would ensure better free cash flow (FCF) and therefore a greater probability of retaining the past year’s dividend payout in the coming years.
Economic Times

Nifty eyes 16,850 target as bulls continue surging higher; indices post fresh record closing highsSurbhi Jain - 11 months ago
BSE Sensex and Nifty 50 turned positive, ending at record closing highs at the dying hours of the trade on Tuesday.
Financial Express

Religare Broking partners with Vested Finance for accessing global stocks - 11 months ago
Religare Broking clients can now enjoy the benefits of geographical diversification and safeguard their portfolios from single currency risk.
Economic Times

Market Movers: What’s behind Vedanta’s sell-off and Nelco’s rally? - 11 months ago
The sell-off came after media reports showed that the Madras High Court has issued a notice to the company over remediation of contaminated sites within its copper smelter at Tuticorin. The return of the old issue haunted investors as they feared for the worst.
Economic Times

F&O: Decline in volatility shows bulls in command, positive momentum to stay - 11 months ago
Nifty50 formed a bullish candle on daily scale and has been forming higher highs and higher lows from the last four sessions with declines being bought into smartly. Now, it has to hold above 16,500 points to extend the positive momentum towards 16,750 and 17,000 points.
Economic Times

Tech stocks, Home Depot pull S&P 500, Dow Jones from record highs - 11 months ago
Heavyweight growth names Google-owner Alphabet Inc , Facebook Inc, Microsoft Corp, Tesla Inc and Amazon.com fell between 0.4 per cent and 3.1 per cent, pulling the S&P 500 and the Dow from record highs.
Economic Times

How a mechanism for formal trading of unlisted securities can be a gamechanger - 11 months ago
NASDAQ’s Private Markets, founded in 2014, provides a way for private companies to trade shares ahead of a stock market listing. It offers a trading platform for high quality private issuers who want to remain private.
Economic Times

Global markets decline amid China, Afghanistan uneaseAssociated Press - 11 months ago
On Wall Street, futures were lower a day after the benchmark S&P 500 hit a new high despite rising U.S. coronavirus infections.
Financial Express

Suven Life Sciences rallies 11%. Here's why - 11 months ago
Shares of Suven Life have soared about 25 per cent in the last one month. In the last one year, the company has delivered over 65 per cent return.
Economic Times

Fiem Industries stock rallies 20% after turning sole supplier to Ola Electric - 11 months ago
Shares of Sonepat-based Fiem Industries have rallied over 60 per cent in the last one month. The scrip has delivered over 80 per cent return in the last one year.
Economic Times

Why sugar stocks are in a sweet spot today - 11 months ago
Dalmia Bharat Sugar and Industries, Dhampur Sugar Mills and Triveni Engineering advanced 4 per cent each to Rs 437.80, Rs 319.70 and Rs 185.50, respectively.
Economic Times

Nikkei falls for fourth day as virus worries outweigh upbeat earnings cheer - 11 months ago
The Nikkei share average ended 0.36% lower at 27,424.47, erasing earlier gains of 0.52% after strong financial results from heavyweights including Tokyo Electron.
Economic Times

Market HIGHLIGHTS: Sensex posts record closing high, Nifty ends above 16,600 for first time; TechM up 3%FE Online - 11 months ago
Share Market News Today | Sensex, Nifty, Share Prices HIGHLIGHTS: BSE Sensex and Nifty 50 ended at fresh record closing highs on Tuesday, ahead of weekly expiry tomorrow.
Financial Express

Australia shares fall as investors worry over rising cases, miners and banks weigh - 11 months ago
The growing anxiety over the Delta variant of COVID-19 infections continues as Sydney expects cases to "rise substantially" despite a prolonged lockdown, raising fears of a second recession.
Economic Times

BPCL: Retain ‘buy’; keep TP unchanged at Rs 544ICICI Securities - 11 months ago
Standalone Q1FY22 recurring EPS is down 29% YoY, hit by 77% YoY fall in net marketing margin to Rs 1.4/l, and despite 10.6x YoY rise in reported GRM to $4.12/bbl and 8% YoY rise in estimated product i
Financial Express

China stocks fall the most in 3 weeks amid economic gloom, fresh tech crackdown - 11 months ago
The blue-chip CSI300 index dropped 2.1% to 4,837.40, while the Shanghai Composite Index lost 2% to 3,446.98 points. Both indexes had their worst day since July 27.
Economic Times

Hero Motocorp Rating: neutral – Performance in quarter was below expectationsNomura - 11 months ago
Near-term growth outlook is subdued; FY22/23e EPS down 5/1%; TP reduced to Rs 3,171; ‘Neutral’ retained
Financial Express

European stocks hit one-week low on virus worries - 11 months ago
Tighter scrutiny of China's internet sector, nationwide lockdown in New Zealand and movement restrictions in several Asian countries kept investors on edge even as European economies continued to recover from the pandemic-driven downturn.
Economic Times

Tata Steel Rating: neutral – Pricing boosted Ebitda to record highMotilal Oswal - 11 months ago
Profitability in Europe is likely to improve; Ebitda for FY22/23e up 16%; TP raised to Rs 1,565; ‘Neutral’ retained given valuations
Financial Express

Most Asian bonds face foreign outflows in July on virus worries - 11 months ago
Foreigners sold a combined net total $2.06 billion in Indonesia, Malaysian, Thai and Indian bonds, data from regulatory authorities and bond market associations showed.
Economic Times

Gold Price Today, 17 August 2021: MCX Gold flat even as global prices hover near one-week highSurbhi Jain - 11 months ago
Gold Rate Today, Gold Price in India on 17 August 2021: Gold prices were trading flat on Tuesday, as international rates remained steady, hovering near an over one-week peak
Financial Express

Fag-end buying in IT, FMCG stocks lift Sensex by 210 pts; Nifty settles above 16,600 for first time - 11 months ago
Buying was seen in IT and FMCG counters, while broader market stocks continued to reel under pressure.
Economic Times