Nvidia leaps Aramco to be world’s third most-valuable company - 9 months ago
The company ended Friday’s session at $2.06 trillion, closing above the $2 trillion mark for the first time. Meanwhile, Aramco’s value dipped to $2.03 trillion, according to data compiled by Bloomberg.
Economic Times

Angel One to stop doing business in currency derivatives segment: BSE - 9 months ago
Angel One is the largest listed retail stock broking house in India, in terms of active clients on the NSE. It provides broking and advisory services, margin funding and distribution of third-party financial products to its clients.
Economic Times

Platinum Industries to debut tomorrow. What GMP signals ahead of listing - 9 months ago
The shares of Platinum Industries, a leading manufacturer of specialty chemicals, are expected to see a strong listing at the bourses on Tuesday. Ahead of the debut, the company's shares are trading with a premium of Rs 85 in the unlisted market.
Economic Times

Titan, Zee Entertainment Enterprises among 5 stocks with top long unwinding - 9 months ago
Long unwinding refers to the selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness. In Monday's trading session, five stocks witnessed a top-long unwinding. Here's the list:
Economic Times

Macrotech Developers sets floor price for QIP at Rs 1129.5/share; issue to open today - 9 months ago
While the real estate developer did not disclose the amount it plans to raise, media reports said the company is looking to raise $400 million for the acquisition of land and to repay some of its debt.
Economic Times

Technical Breakout Stocks: Markets@record highs! How to trade BHEL, Tata Investment and Data Patterns on Tuesday - 9 months ago
The Indian market hit a fresh record high on Monday tracking positive global cues. The S&P BSE Sensex rose more than 60 points while the Nifty50 hit a record high of 22,440 tracking positive global cues.
Economic Times

Platinum Industries to debut tomorrow. What GMP signals ahead of listing? - 9 months ago
The shares of Platinum Industries, a leading manufacturer of specialty chemicals, are expected to see a strong listing at the bourses on Tuesday. Ahead of the debut, the company's shares are trading with a premium of Rs 85 in the unlisted market.
Economic Times

Exicom Tele Systems to list on Tuesday: GMP signals a potential multibagger debut - 9 months ago
Exicom Tele Systems, a power management solutions provider, is set to make a spectacular stock market debut on Tuesday with anticipated multibagger returns on the listing day.
Economic Times

Tech View: Nifty forms Doji candle on charts. What traders should do on Tuesday - 9 months ago
Nifty ended 27 points higher above the 22,400 level on Monday to form an indecisive Doji candle on the daily charts.
Economic Times

Technical Breakout Stocks: Markets@record highs! How to trade BHEL, Tata Investment and Data Patterns on Tuesday? - 9 months ago
The Indian market hit a fresh record high on Monday tracking positive global cues. The S&P BSE Sensex rose more than 60 points while the Nifty50 hit a record high of 22,440 tracking positive global cues.
Economic Times

Axis Mutual Fund launches Axis CRISIL IBX SDL June 2034 Debt Index Fund. Key things to know - 9 months ago
An open-ended target maturity index fund investing in constituents of CRISIL IBX SDL Index – June 2034 with a relatively high-interest rate risk and relatively low credit risk.
Economic Times

PNB, IndusInd Bank among 5 stocks with top short covering - 9 months ago
Short covering refers to the buying of shares in order to close an existing short position or a position that has been sold. Short covering signals a shift in view on a security from extreme bearishness to bullishness. In Monday's trading session, five stocks saw top short covering. Here's the list:
Economic Times

Sensex, Nifty extend gains to 4th day, scale fresh record highs powered by energy stocks - 9 months ago
From the Sensex pack, NTPC, Power Grid Corporation, Reliance Industries, and Bajaj Finserc were the top gainers, rising 1-4%. Axis Bank, Tech Mahindra, and ICICI Bank also closed in the green, while JSW Steel, M&M, Tata Steel, and UltraTech Cement closed with cuts.
Economic Times

Tata Motors to demerge business into 2 listed entities - 9 months ago
The commercial vehicles business and its related investments will be under one entity while the other one will have passenger vehicles businesses including PV, EV, JLR and its related investments.
Economic Times

Prospects of standardisation of rates drags hospital stocks - 9 months ago
Shares slip 2-7% Rich valuations enjoyed by these cos may come under pressure with rise in volatility, say market participants
Economic Times

RIL, Adani Ports among 6 Nifty50 stocks that hit new 52-week highs on Monday - 9 months ago
Indian shares struggled for direction on Monday, paring gains after the benchmark Nifty 50 hit a record high at the open, weighed by a drop in metals on valuation concerns. Meanwhile, in today's trade, six Nifty50 stocks hit a fresh 52-week high. Here's a list:
Economic Times

IndiGo, Godrej Consumer among top 6 investment ideas from Kotak Securities - 9 months ago
Kotak sees Indian markets trading at premium valuation with most of the sectors and stocks looking quite “overvalued”. As its top investment ideas for March, this brokerage is betting on six stocks — with ‘four’ buy recommendations and 2 ‘add’ pitches.
Economic Times

Sensex, Nifty extends gains to 4th day, scale fresh record highs powered by energy stocks - 9 months ago
From the Sensex pack, NTPC, Power Grid Corporation, Reliance Industries, and Bajaj Finserc were the top gainers, rising 1-4%. Axis Bank, Tech Mahindra, and ICICI Bank also closed in the green, while JSW Steel, M&M, Tata Steel, and UltraTech Cement closed with cuts.
Economic Times

BHEL scales a 12-year high as stock jumps 14%. Here’s what is triggering this counter - 9 months ago
​Shares of Bharat Heavy Electricals (BHEL) jumped over 14% on Monday to hit their 12-year high of Rs 269.45 on the NSE. With this rally, the state-run stock has extended its gains to over 20% in the last four trading sessions.
Economic Times

Angel One ropes in top Kotak executive Srikanth Subramanian to lead wealth management biz - 9 months ago
Other co-founders include Shobhit Mathur and Dharmendra Jain. Shobhit will lead the wealth-tech and customer excellence teams and Dharmendra will bring his strategic expertise in investment solutions and products.
Economic Times

Will the summer temperatures make them go higher this time? 5 stocks whose fortunes are dependent on how much you sweat - 9 months ago
How monsoons pans out have a strong bearing on the overall economic numbers of the companies. However there are companies whose fortunes are linked with what happens before monsoons, that is summer season. Given the fact that we are about to see the start of the season, first forecasts from IMD about how the summer season is likely to pan out have started to come in and IMD is indicating that average temperatures may be higher this year.While the white good companies in general tend to see a bump up in their sales, but there are a select few whose large part of the sales and the bottomline contributions comes from air conditioners or air coolers part of the business. For these companies, two things are very important. First is what is the average length of the summer season and secondly what average temperature during those months. Last year these companies underperformed as the summer season got late. But as the street is always ahead in discounting what will happen in future, these stocks should be on the watch list as the run up in stock will happen much before you feel the summer heat.
Economic Times

Why Mumbai-based realty stocks are hot property for this brokerage? - 9 months ago
​The Reserve Bank of India's (RBI) decision to press the pause button on interest rate hikes is expected to benefit the real estate sector and more so the Mumbai-based realtors such as Macrotech Developers, Oberoi Realty, Keystone Realtors, Sunteck Realty and Godrej Properties, Nuvama said in a note.
Economic Times

Multibagger Data Patterns soars 10%, hits fresh 52-week high; here's why - 9 months ago
Data Patterns have advanced more than 25% in the three trading sessions. At around 11:10 am, over 10.48 lakh shares were trading on the NSE with the total traded value at Rs 313 crore. The multibagger stock has surged 144% in the last yea
Economic Times

BofA raises S&P 500 year-end target to 5,400 - 9 months ago
BofA Global Research has lifted its year-end target for the S&P 500 index to 5,400, from 5,000 earlier, representing an upside of about 5% from current levels.
Economic Times

Howard Marks insights on the story behind surprises and market cycles - 9 months ago
However, the year 2023 has been especially impressive for financial markets, which have demonstrated resilience and growth in the face of global uncertainty and problems.
Economic Times

Tata Steel, Vodafone Idea 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 Monday’s trading session, five stocks witnessed a build of fresh short positions. Here's the list:
Economic Times

Jubilant Industries rose over 100% in February. What should traders do now? - 9 months ago
Jubilant Industries, a smallcap company, has experienced a stellar rally in February, making it the leading gainer in the smallcap pack. The rally was fueled by a significant increase in volumes. The company, involved in the business of agri and performance polymers, recorded a strong EBITDA growth of 32% in the recent third quarter.
Economic Times

Steel stocks crack over 3% after CLSA downgrades of Tata Steel and JSW Steel - 9 months ago
Shares of JSW Steel dropped 3% to the day's low of Rs 818.50 on the NSE. Global brokerage CLSA has downgraded the counter to 'Sell' from an earlier 'Underperform' rating while slashing the target to Rs 730 from Rs 810 earlier. Monday's correction comes on the back of a three-day rally in the stock.
Economic Times

Tata Investment Corporation shares jump 21% in 4 days after approval for semiconductor plants - 9 months ago
Tata Investment Corporation shares were locked in the 5% upper circuit for the third session. The multibagger stock has given over 100% returns to its investors in the last 3 months and more than 240% in the last six months. The recent surge comes on the back of Cabinet approval to set up 2 semiconductor plants.
Economic Times

Tata Communications, BHEL 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 Monday's trading session, five stocks witnessed a build of fresh long positions. Here's the list:
Economic Times

Multibagger Data Patterns soars 10%, hit fresh 52-week high; here's why - 9 months ago
Data Patterns have advanced more than 25% in the three trading sessions. At around 11:10 am, over 10.48 lakh shares were trading on the NSE with the total traded value at Rs 313 crore. The multibagger stock has surged 144% in the last yea
Economic Times

Technical Stock Pick: Havells India breaks out from 29-month consolidation to hit fresh record highs; time to buy? - 9 months ago
Short-term traders can look to buy the stock now for a target of 1700 levels in the next few months, suggest experts.
Economic Times

Hot Stocks: Brokerages view on HDFC Bank, Apollo Hospitals, M&M and Tata Steel - 9 months ago
Brokerage house CLSA maintained an underperform tag on JSPL but raised the target price to Rs 840 from Rs 820 earlier, while it downgraded Tata Steel to sell from outperform and slashed the target price to Rs 135 from Rs 145.
Economic Times

BSE Bharat 22 index soars 2.2x during BJP 2.0; will the show go on or will bulls back out? - 9 months ago
In the last five years, the S&P BSE Bharat 22 index, which represents the 22 companies disinvested by the central government, has surged by more than 2x, and as many as 13 of its constituents turned multibaggers.
Economic Times

Jubilant Industries jumped over 100% in February. What should traders do now? - 9 months ago
Replying to a query by the exchanges, the company had clarified that it has nothing to report from its end that may have contributed to the surge in volumes.
Economic Times

Owais Metal and Mineral Processing debuts with 187% premium over IPO price - 9 months ago
Owais Metal debuted on NSE SME with a 187.4% premium. The IPO received over 200 times subscription. The company manufactures minerals like Manganese Oxide, Ferro Manganese, and Silico Manganese. It will use the IPO proceeds for manufacturing, working capital, and furnace automation. Its products are used in steel and casting industries, and Manganese Sulphate Plants.
Economic Times

F&O stocks to buy today: Tata Steel, Maruti Suzuki among top 9 trading ideas for 4 March 2024 - 9 months ago
The maximum Put OI is placed at 22,000 and then towards 22,200 strikes. Minor Call writing is seen at 22,800 and then towards 22,600 strikes while some Put writing is seen at 22,200 and then towards 22,100 strikes.
Economic Times

Tech picks: General Insurance Corp, Tata Steel among 10 stock ideas for up to 24% returns in short run - 9 months ago
Equity indices scaled record highs last week on the back of robust GDP growth and a healthy performance in the Indian manufacturing sector as output and new order picked up. Moving forward, analysts expect the release of additional data from the US, such as PMI and payroll data, along with inflation data from China, may influence market dynamics.In this setup, here are 10 stocks that you can consider buying for an upside up to 24% in the short run
Economic Times

NTPC shares jump 4%, hit 52-week high after board nod for Rs 17,195-crore investment in Singrauli project - 9 months ago
NTPC shares rose 4% in Monday's early trade after the company's board approved of investments worth Rs 17,195.31 crore in the Singrauli Super Thermal Power Project. The company has delivered near multibagger returns in the last one year at 99%.
Economic Times

This pharma stock eyes a 6% run; a big bank indicates 5% upside - 9 months ago
The Nifty opened higher and remained in a defined range. It maintained its gains.
Economic Times

Fundamental Radar: Three factors seen driving 20% PAT CAGR for Marksans Pharma - 9 months ago
Marksans Pharma derives a significant portion of its sales from OTC products in the US and UK markets. It has a strong presence in these markets and expects stable demand. The company focuses on oral solid formulations and plans to expand its reach in the UK, US, and European countries.
Economic Times

Nifty continues record run, scales 22,440 level led by auto & energy stocks - 9 months ago
NTPC, Power Grid, Bharti Airtel, Kotak Bank, and Sun Pharma were the top Sensex gainers in early trade, while JSW Steel, Tata Steel, Titan, Nestle India, and Asian Paints opened with cuts.
Economic Times

Nikkei leads Asia higher into event-packed week - 9 months ago
All eyes will be on Federal Reserve Chair Jerome Powell when he testifies before lawmakers on Wednesday and Thursday, though analysts assume he will stay in wait-and-see mode on policy given recent upside surprises on inflation.
Economic Times

Japan's Nikkei breaches 40,000 level for first time on tech boost - 9 months ago
Tokyo and other major global stocks have steadily gained since 2023, and analysts predict the Nikkei should gain even further, lifted by rallying Wall Street, robust corporate earnings and strong hopes for AI technologies. Among major shares, SoftBank Group rose 2.60% to 9,139 yen.
Economic Times

Fintech company Appreciate launches low-cost, fractional global investing platform for domestic investors - 9 months ago
Through the Appreciate app, Indian investors can now access global stocks or fractions of leading global companies such as Microsoft, Tesla, Alphabet, Apple, and Amazon, with investments starting from as little as Re. 1 at an affordable rate.
Economic Times

Stock Radar: Why Astral could continue hitting fresh record highs, says Shitij Gandhi - 9 months ago
“Last week Astral stock managed to give a fresh breakout above 2000 levels after a series of prolonged consolidation phases. Traders can buy for a target of Rs 2600 in the next 5-7 weeks,” Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said.
Economic Times

NCLT approves Aditya Birla group plan to merge NBFCs: Sources - 9 months ago
Aditya Birla Group plans to consolidate its non-banking finance companies (NBFCs) to create better synergies and ensure optimal utilisation of resources and greater economies of scale, following approval by the National Company Law Tribunal (NCLT).
Economic Times

Diamond cos tread on rule minefield; face compliance burden under new sanctions regime - 9 months ago
Diamond houses in India are facing scrutiny under the new sanctions regime that began on March 1 to block Russian gems from affluent western markets. The Gem & Jewellery Export Promotion Council (GJEPC) has circulated guidelines and formats of self-declarations that diamond firms shipping to the US and EU must share with their buyers to avoid trouble.
Economic Times

GMR Highways raises Rs 700 cr debt to prepay Yes Bank - 9 months ago
GMR Highways has raised ₹700 crore debt from foreign portfolio investors Zeal Global Opportunities Fund and Nova Global Opportunities Fund to prepay loans raised from Yes Bank. Both invested ₹350 crore each in secured, unlisted, and unrated bonds of GMR Highways maturing on February 20, 2028. The bonds have been issued at 14% per annum for 48 months, with the company pledging 100% of its equity shares and providing a corporate guarantee.
Economic Times

ARCIL buys Saraswat's NPAs at 86% haircut - 9 months ago
Avenue Capital-backed Asset Reconstruction Company (India) has bought nearly ₹400 crore worth of bad loans or non-performing assets (NPAs) from Saraswat Bank, resulting in an 86% haircut. The bank sold the NPA portfolio, including retail and MSME loans, as a clean-up for future growth capital.
Economic Times