Stock Radar I Time to buy? RSI gave a breakout from its downward falling trend line: KKunal V Parar - 9 months ago
“On the daily chart, HDFC Life stock has been trading above its 50 days moving average, which shows a positive trend in the counter. Traders can buy for a target of Rs 646-680 and a stop loss of Rs 605,” KKunal V Parar, Vice-President of Technical Research and Algo, Choice Broking, said.
Economic Times

Sebi may offer FPIs relief on stricter disclosures - 9 months ago
The board may also discuss another proposal to allow alternative investment funds (AIFs) to pledge their shares in infrastructure sector investee companies in a bid to allow these investment vehicles to engage in leverage.
Economic Times

L&T Finance raises $125 million from JICA for rural funding - 9 months ago
L&T Finance Holdings Ltd has signed pact with JICA and Asia Development Bank for $125 million to fund marginal farmers, women entrepreneurs, women borrowers, MSMEs, two-wheeler loans, and provide formal access to credit in rural and semi-urban India, supporting the Indian economy and addressing poverty reduction.
Economic Times

Sebi re-examines settlement guarantee fund after a decade - 9 months ago
Besides reviewing the fund size, the regulator is exploring a possible change in the methodology used to compute the fund requirement. The subject was discussed at the last meeting of the risk management review committee of the Securities and Exchange Board of India (Sebi), a person familiar with the proposal told ET.
Economic Times

Linde India rallies for second day on semiconductor sector opportunity - 9 months ago
Linde India has been doing well since the announcement of its third-quarter results, said Hemang Jani, an independent market expert.
Economic Times

Stocks in news: ITC, SBI, Kfin Tech, Vedanta, Muthoot Capital - 9 months ago
Debt-ridden cigarette seller British American Tobacco (BAT) announced that it will sell 3.5% stake in Kolkata-based FMCG firm ITC Ltd through a block deal.
Economic Times

Brokers ask clients to cut leverage as selloff deepens - 9 months ago
As many as 70 stocks with more than ₹1,000 crore in market capitalisation have declined between 15% and 50% in the last five trading sessions while another 250 stocks have dropped 10-15% during this period.
Economic Times

Stock Radar: HDFC Life reclaims 50-DMA on daily charts; should you buy? - 9 months ago
The insurance stock rose over 5% in a month but from a 3-month perspective, it is down by more than 8%. It recently reclaimed 50-DMA placed at 602 earlier in March 2024. The stock closed at Rs 620 on 11 March 2024. On the weekly charts, the stock reclaimed 50 and 200-week moving averages last week, which suggests that bulls are here to stay.
Economic Times

Nasdaq leads US stocks up as traders hold rate-cut bets after CPI data - 9 months ago
Nasdaq drives Wall Street higher as traders bet on Fed interest-rate cuts despite slightly higher consumer prices due to increased gasoline and shelter costs. Labor Department reports U.S. consumer prices rose 0.4% in February. Traders see 70% chance of first rate cut in June. Chip stocks, including Nvidia and Meta Platforms, gain.
Economic Times

BAT to sell 3.5% stake in ITC via block deal - 9 months ago
​ITC's largest shareholder BAT Plc on Tuesday said in a statement that its wholly-owned subsidiary Tobacco Manufacturers (India) Ltd will sell around 3.5% stake in ITC Ltd to institutional investors by way of a block deal and has launched the process.
Economic Times

Oracle surges over 13% to record high as AI demand helps reignite cloud business momentum - 9 months ago
​Oracle soared more than 13% to reach a record high on Tuesday, on signs the company was making progress in its plan to grab a share of the cloud-computing market thanks to its tie-up with AI chip giant Nvidia.
Economic Times

Kotak Mahindra Bank sells 2% stake in KFin Tech for Rs 208 crore - 9 months ago
The private sector lender sold 3,470,000 shares of KFin Technologies at Rs 600.28 a share, bulk deals data on the BSE showed.
Economic Times

Market Trading Guide: DMart among 3 stock recommendations for Wednesday - 9 months ago
Equity market benchmark Sensex ended higher on Tuesday due to heavy buying in index heavyweights like HDFC Bank, TCS and Reliance Industries amid mixed cues from Asian markets. Witnessing a volatile trade, the 30-share BSE Sensex closed 165.32 points or 0.22% higher at 73,667.96. During the day, the barometer surged 501.52 points to 74,004.16. The broader Nifty, however, ended almost flat at 22,335.70, inching up 3.05 points or 0.01%."In the short term, Nifty could experience weakness, possibly leading to a decline toward the range of 22,200-22,250. Looking at the upside, immediate resistance is identified at 22,400 based on closing prices," said Rupak De, senior technical analyst at LKP Securities.
Economic Times

Nasdaq leads US stocks higher as rate-sensitive growth stocks rally post-CPI data - 9 months ago
The Dow Jones Industrial Average rose 113.66 points, or 0.29%, at the open to 38,883.32.
Economic Times

Technical Breakout Stocks: How to trade TCS, InterGlobe Aviation and OFSS on Wednesday - 9 months ago
The Nifty50 closed flat with a positive bias at 22,335 while the S&P BSE Sensex closed with gains of more than 160 points. Sectorally, buying was seen in IT stocks while some selloff was seen in realty, public sector, utilities, power, and capital goods stocks.
Economic Times

BAT to sell 3.5% stake in ITC at Rs 384-400 per share in $2.1 billion block deal on Wednesday - 9 months ago
Debt-ridden British American Tobacco (BAT) plans to sell a 3.5% stake in ITC Ltd for $2.1 billion, reducing its shareholding to 25.5%. BAT's subsidiary will facilitate the stake sale through an accelerated bookbuild process, using the proceeds to buy back BAT shares and maintain strategic influence in ITC. According to the term sheet of the block deal, BAT is offering 43,68,51,457 shares of ITC in a price range of Rs 384-400.25.
Economic Times

Sebi orders Vedanta to pay Rs 78 crore to Cairn UK for delay in dividend payment - 9 months ago
The order on the website of the Securities and Exchange Board of India (SEBI) said Vedanta must make the payment within 45 days or face further action.
Economic Times

RK Swamy makes a lackluster debut on exchanges. What should investors do? - 9 months ago
Analysts said the muted pre-listing GMP and negative listing indicate a cautious investor approach, possibly due to volatile market conditions or concerns about competition and working capital requirements.
Economic Times

BAT offers to sell 3.5% stake in ITC at Rs 384-400 in $2.1 billion block deal - 9 months ago
BAT is offering ITC shares at Rs 384-400 each in the block deal which could be worth about $2.1 billion. ​​As and when the transaction is completed, the date of which has not yet been announced, BAT's shareholding in ITC will fall to 25.5% from about 29% currently.
Economic Times

These 7 mutual fund houses recorded double-digit growth in AUM in February - 9 months ago
Total mutual fund AUM managed by 44 fund houses as of February 29, 2024, was recorded at Rs 55.91 lakh crore, witnessing growth of 3.50% on a month-on-month basis from Rs 54.02 lakh crore in January 2024. Here are 7 mutual fund houses that witnessed double-digit growth in AUM in February.
Economic Times

Tech View: Nifty forms a Doji candle. What should traders do on Wednesday - 9 months ago
​The immediate resistance for Nifty is at 22,500, and a break above this on a closing basis would signal a resumption of the upward movement. Conversely, the immediate support is positioned at 22,200-22,150, and sustaining above this level could witness some recovery in the index, said Kunal Shah of LKP Securities.
Economic Times

Which sectors created investors most money in last 10 years? Take a look - 9 months ago
A study by Motilal Oswal reveals that Energy, IT, and Financial were the best-performing sectors over the last 10 years as of December 2023. Interestingly, major uptick in these sectors was seen during 2008-2013 on account of recovery from the global financial crises. Here's a look at how the top sectors have moved in the last 10 years (December 2013-December 2023):
Economic Times

Buy HDFC Bank, sell Paytm: Mutual fund's investing funda in February - 9 months ago
Fund houses that picked more HDFC Bank shares in Feb were HDFC MF, DSP Mutual Fund, Franklin Templeton, and ICICI Prudential. A similar trend was seen in January as well when fund managers bought shares of HDFC Bank worth Rs 13,849 crore to take advantage of the dip in share prices following the disappointment in Q3 results.
Economic Times

Sensex inches up 165 points, Nifty flat as inflation concerns linger; small and midcaps slide - 9 months ago
The broader NSE Nifty rose 3 points or 0.01% to end at 22,335, while the BSE benchmark Sensex gained 165 points or 0.22% to settle at 73,668. Among blue-chip stocks, HDFC Bank, TCS, Maruti, Infosys, and Reliance Industries were top gainers, rising up to 2.3%. On the other hand, SBI, JSW Steel, ITC, NTPC, and Tata Motors closed in the red.
Economic Times

For compulsive trader & contrarian investor: A set of stocks which may get better treatment in volatile markets - 9 months ago
It is probably times like these, where after a long phase of trending market, some volatility and correction is coming to the street that one needs some set of rules. The reason, in the first phase of correction, the recency bias that every dip is buying opportunity will play out. The tendency to do averaging will be high. It is this set of rules which will be able to help better navigate the market when it's volatile with a bearish bias. This might appear conservative to some as it limits the scope but being conservative is a way of bringing in discipline, especially when it comes to trading. So, out of a total universe of more than 3000 stocks, how about having a set of 50 non - nifty stocks which increase the probability of you making money both in volatile and also satisfy the compulsive trader and contrarian investor in you.
Economic Times

Jet Airways hits 5% upper circuit after NCLAT approves ownership transfer to Jalan Kalrock - 9 months ago
The appellate tribunal had asked lenders to complete the formalities within 90 days and give control to the Kalrock Consortium. A plea filed by State Bank of India-led consortium in this regard has been disposed of.
Economic Times

5 realty stocks that can rise up to 43%, according to Motilal Oswal - 9 months ago
After mind-boggling returns in 2023, analysts at Motilal Oswal still see a solid upside scope for select stocks from the real estate pack. Here's a look at five realty stocks that can surge up to 43% in one year.
Economic Times

European shares rise on earnings support; US inflation data in focus - 9 months ago
European shares opened trade on a higher note on Tuesday, with support from strong corporate earnings, while investors awaited key U.S. inflation data for more clues on the Federal Reserve's interest rate-cut trajectory.
Economic Times

With more checks and balances for better risk management: 4 midcap stocks with potential upside of up to 25% - 9 months ago
After a relentless rally for the last ten months, the mid-caps segment of the market is witnessing some profit booking/ correction/ rational shifting/ consolidation. Why slash ? Because, the way stocks are moving, there is no one trend in mid-cap space. Some are coming down just because they have moved very fast, some of the stocks where are literally hardly any fundamental, like the ones where the companies are under IBC and still quoting at half a billion dollars market cap. So there are many sub segments which are getting formed in mid-cap space and given the mix of head and tailwinds, this segmentation is likely to see an increase. So, one will have to do two things, one be bullish but be more selective and focus on managing risks.
Economic Times

NSE to cut cash, derivative transaction charges by 1%; rival BSE stock slumps - 9 months ago
Currently, the transaction charge in the equity delivery or cash segment is 0.00325% and in the derivatives segment, it is 0.0019%.
Economic Times

Bloodbath! SME IPO index slumps another 5% as Sebi’s warning bell makes retail bulls run for cover - 9 months ago
SEBI chief Madhabi Puri Buch on Monday said that there were signs of manipulation in the SME segment and that the regulator is working on ways to curb the same based on the market feedback.
Economic Times

Japan's Nikkei slips as traders weigh US CPI, expected BOJ pivot - 9 months ago
The Nikkei closed 0.1% lower at 38,797.51, rebounding from broad losses in the morning session as dip-buying took hold, but was unable to finish in positive territory.
Economic Times

NSE to cut cash, derivative transaction charges by 1%: Report - 9 months ago
Currently, the transaction charge in the equity delivery or cash segment is 0.00325% and in the derivatives segment, it is 0.0019%.
Economic Times

BAT confirms evaluating selling of small part of stake in ITC - 9 months ago
British American Tobacco (BAT) is considering selling a small part of its shareholding in ITC. BAT owns 29% stake but believes 25% is enough for strategic influence. BAT faces challenges with declining cigarette volumes and high debt.
Economic Times

DLF, Godrej Properties among 5 stocks with short buildup - 9 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

RBL Bank, IndiGo among 5 stocks with long buildup - 9 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 Tuesday's trading session, five stocks witnessed a build of fresh long positions. Here's the list:
Economic Times

SpiceJet shares fall 10% amid restructuring in commercial team - 9 months ago
Shares of SpiceJet fell 10% after a strategic restructuring, which resulted in the departure of the Chief Commercial Officer and other team members. The airline plans to lay off 1,400 employees to cut costs. They reported a net loss and a decline in revenue from operations for the September quarter.
Economic Times

Technical Stock Pick: 30% rally in 3 months! This tea coffee maker stock hits fresh record high in March - 9 months ago
Short-term traders can look to buy the stock now or on marginal dips for a possible target above 1300 levels in the next 3-4 weeks, suggest experts.
Economic Times

These 7 smallcap superstars turn Dolly Khanna Rs 300 crore wealthier in just over 2 months - 9 months ago
Dolly Khanna's portfolio of smallcap stocks, including Salzer Electronics, Zuari Industries, Pondy Oxides & Chemicals, Chennai Petroleum Corp, Rajshree Sugars & Chemicals, KCP Ltd, and J Kumar Infraprojects, rallied 11-76% in 2024, making her nearly Rs 300 crore wealthier.
Economic Times

Bharat Highways Invit debuts with 1% premium over IPO price - 9 months ago
Bharat Highways Invit's IPO debuts on NSE with a 1.1% premium and 8 times subscription. The company plans to use the proceeds to repay debt. The IPO is valued at Rs 2,500 crore.
Economic Times

Billions of FII dollars may chase Indian stocks in election season. Here’s why - 9 months ago
Foreign institutional investors (FIIs) have historically shown positive flows during election season. This year, FIIs have already invested $3 billion in March. The Indian stock market remains resilient due to the government's proactiveness and positive economic indicators.
Economic Times

Industrial engg player and aviation stock set to rise 5-6% - 9 months ago
Nifty started slow and became weaker soon, losing altitude to close with a loss.
Economic Times

Hot Stocks: Brokerage view on Zomato, AB Capital, Asian Paints and Westlife Food - 9 months ago
Brokerage firm JPMorgan maintained an overweight rating on Westlife Foodworld, Macquarie recommended an outperform rating on Asian Paints, HSBC maintained a buy rating on Zomato and Morgan Stanley recommended equal weight stance on AB Capital.
Economic Times

TCS, Infy drive Sensex 400 pts higher ahead of inflation data; Nifty above 22,400 - 9 months ago
The CPI is expected to have risen 0.4% in February on a monthly basis, and could heavily influence the timing of the Federal Reserve's rate cuts.
Economic Times

RK Swamy shares list at 13% discount to IPO price - 9 months ago
Marketing services provider RK Swamy listed its shares at a discount on NSE and BSE. The IPO included a fresh equity issue and an offer for sale. Despite volatility, the company received decent subscription demand. FY23 revenue reached Rs 293 crore with a net profit of Rs 31 crore.
Economic Times

VR Infraspace debuts with 6% premium on NSE SME platform - 9 months ago
VR Infraspace listed on NSE SME platform with a 6% premium. It raised Rs 20.4 crore through IPO for subsidiary investment and working capital. The company develops residential and commercial projects in Vadodara, Gujarat, catering to middle and high-income groups with various accommodation types.
Economic Times

Fundamental Radar: What’s likely to drive industry-leading growth for Nippon AMC over FY24-26? - 9 months ago
Nippon Asset Management is India's fourth largest mutual fund house with a high investor folio base. It benefits from a strong distribution network, proven track record, and improved equity market share. With a focus on the retail segment, it has seen superior growth and higher SIP contribution. Nippon AMC's operating leverage and revenue growth outlook is positive.
Economic Times

ITC shares fall below Rs 400-level as BAT gets ready to offload stake - 9 months ago
BAT's potential stake sale, which needs regulatory clearances, has been a supply hangover on ITC shares. At present, BAT owns about 29% stake in the cigarettes-to-hotels major, shares of which have nearly doubled in the last 3 years.
Economic Times

India’s biggest stock winner this year has no analyst coverage - 9 months ago
Tata Investment Corp. has soared 116% so far in 2024, the most among the Nifty 500 Index companies that represent more than 94% of India’s market capitalization. The stock has led a $58 billion rally in Tata Group companies since the start of the year.
Economic Times

TCS, Infy drive Sensex 100 pts higher ahead of inflation data; Nifty above 22,300 - 9 months ago
The CPI is expected to have risen 0.4% in February on a monthly basis, and could heavily influence the timing of the Federal Reserve's rate cuts.
Economic Times