Technical Breakout Stocks: How to trade Adani Ports, Maruti Suzuki and Bajaj Auto on Monday - 10 months ago
Adani Port has given a breakout of the Rising Wedge Pattern on a weekly time frame on the upside with an increase in volume indicating an uptrend. Price is trading above Fast (50) and Slow (200) EMA, which also indicates an uptrend in the security.
Economic Times

FPIs cautious on equities; take out Rs 3,776 cr in Feb so far on spike in US bond yields - 10 months ago
Foreign investors adopted a cautious approach offloading Indian equities worth close to Rs 3,776 crore so far this month owing to a spike in the US bond yields and uncertainty over the interest rate environment in the domestic as well as the global front.
Economic Times

Business and valuation tailwinds to help in outperformance? 5 Indian pharma stocks with upside potential of up to 32% - 10 months ago
Just before the whole market was consumed by the PSU rally, one sector that came into the limelight after many years of underperformance was the Indian pharma companies, yes they are very different in every sense from MNC pharma. During the PSU rally, these pharma stocks have been consolidating, however, in the last few days, some of them have once again started reacting to positive developments in the individual company indicating that there is money on the sideline that is ready to come into these stocks. Sectors like pharma which have seen a very long phase of business remodelling and valuation readjustment need to be brought back on the watch list. It might be too early to call, but if a re-rating gets momentum once again then they might be better candidates for volatile markets.
Economic Times

MOSL lists 8 large and midcap investment picks to watch out for - 10 months ago
Domestic brokerage Motilal Oswal has listed 8 large and midcap stocks to watch out for this month. Take a look:
Economic Times

Six of top 10 companies take a Rs 71,414-crore hit to market value; LIC and TCS biggest laggards - 10 months ago
On the other hand, State Bank of India, Infosys, HDFC Bank and ICICI Bank were emerged as the gainers. They collectively added Rs 62,038.86 crore.
Economic Times

Stressed asset investing: An alternative investment opportunity for HNIs - 10 months ago
ARCs hold specialized expertise in asset valuation, negotiation, and legal procedures, crucial for navigating the complexities of a stressed asset landscape. Often perceived as a niche domain, the stressed assets market currently encompasses the acquisition and resolution of NPLs.
Economic Times

M-cap of six most valued firms drops by Rs 71,414 crore; LIC and TCS biggest laggards - 10 months ago
On the other hand, State Bank of India, Infosys, HDFC Bank and ICICI Bank were emerged as the gainers. They collectively added Rs 62,038.86 crore.
Economic Times

How a multi-factor strategy may work in smallcap investing - 10 months ago
While investing based on factors like quality, momentum etc. has worked reasonably well in the long-term horizon, especially from one favourable cycle to the next, and can be used to target certain behaviours and return-risk profiles, they come with their own set of risks.
Economic Times

FII flows, IPO action among 9 factors that will steer D-Street this week - 10 months ago
"The market closed near its peak, with the Bank Nifty index emerging as a standout performer. Despite a rocky start, the PSU index demonstrated resilience, bouncing back from early declines. With few definitive signals this week, the market focus remains on the trajectory of the dollar index and US bond yields," said Santosh Meena, Head of Research, Swastika Investmart.
Economic Times

10 stocks from different sub-segments of financial service space with more than 25% upside potential - 10 months ago
There have not been many instances where one would have seen PSU banks strongly out performing the private banks. But we have seen a divergence in recent times. This probably is a reflection that finally the street has realized that it is wrong to paint all the companies in the banking sector with the same brush. It is even more true for the other parts of the financial service sector with the same brush. While they come under the umbrella of the BFSI, the operating matrix of each segment of financial service is very different and hence it is extremely important to have a look at segments with different lenses. The only common thing which binds the financial service sector is the GDP growth rate as the growth in all segments have a certain well defined relationship with growth in GDP.
Economic Times

Adding more filters to counter valuation risk: 5 midcap stocks from different sectors with right mix, 2 with upside potential of 30% - 10 months ago
The market sentiment is bullish but valuations are high. Why fight against a trend, while staying bullish, just add an element of caution. When we use the word caution, we mean stay with quality and especially if one is increasing exposure in midcap at this point of time. There is enough evidence to show that owning quality stocks pays both in bullish and bearish markets conditions. In a bullish market, they tend to rise faster and when a bearish phase comes, they do lose weight like others but less as compared and have shown tendency to recover fast post a bearish phase. so stay bullish but be selective. But how to be selective, right from whether the company pays dividend to how it is debt situation, whether promoters have reduced the stake or not if yes than why, these are additional aspects to look at besides looking at the matrix of ratios.
Economic Times

FPIs sell equities worth Rs 3,776 crore in February so far - 10 months ago
In February through 16th, FPIs had sold equity worth Rs 6,112 crore through the exchange but buying through the primary market and others reduced the net selling figure to Rs 3,776 crore.
Economic Times

Thomas Russo's tips to spot right companies for investment for long-term success - 10 months ago
Famed investor Thomas Russo says the goal of investing is not to find companies that generate free cash flows but to find those that have the ‘capacity to reinvest’ that free cash flow to expand the value of the enterprise in the future.
Economic Times

Govt permits Indian companies to list directly in IFSC. How it impacts investors - 10 months ago
Under the new regulations, public companies are permitted to list on IFSC stock exchanges, unlocking the potential to attract funds from qualified foreign investors. However, this opportunity remains exclusive to public companies, with private companies still excluded from direct listings.
Economic Times

It’s time for smallcaps and midcaps to take a break as largecaps are ready for revenge - 10 months ago
This would still be a favourable time for investors to invest in large-cap stocks. Investors should keep a watch on companies that are fundamentally strong with healthy growth prospects.
Economic Times

BofA’s Hartnett says US tech in a bubble that’s waiting to pop - 10 months ago
The appetite for tech stocks has been relentless this year, with an index of Magnificent Seven notching additional almost 12% so far in 2024. And the latest fund flow data shows global investors are adding to their bets.
Economic Times

7 PSU stocks with dividend yields between 4-5% - 10 months ago
The dividend yield is the annual dividend payment to shareholders expressed as a percentage of the stock's current price. According to Axis Securities report, as many as 7 PSU stocks paid 4-5% dividend yield in the last 12 months. Here is a list:
Economic Times

Gujarat Gas shares drop with Q3 profit, analysts bearish - 10 months ago
Shares of Gujarat Gas dropped 6.3% due to a drop in net profit. Analysts are bearish due to growth challenges, uninspiring volume guidance, and expensive valuations. Red Sea disruptions impacted ceramic exports. Renewal of LNG contracts may offer upside to volumes in the face of a global gas glut.
Economic Times

Voluntary compliance of law important: Sebi member - 10 months ago
"Enforcement is important, but enforcement cannot be the only solution... Ultimately, law is implemented through voluntary compliance. It is done largely to tell the participants that the regulator is watching you," Sebi whole time member Kamlesh Varshney said at an event organised by industry body Assocham.
Economic Times

Mind Over Money: From Market Insights to Badminton: A Day in the Life of Devang Mehta - 10 months ago
“Playing badminton and cricket, watching Bollywood movies in cinema halls (Not an OTT guy, love the big screen experience with samosas and popcorn), listening to and attempting to sing songs, reciting poems on weekends and spending time with family and friends keep me enthused and mentally fit,” Devang Mehta, Director – Equity Advisory, Spark Capital Private Wealth Management, said.
Economic Times

Wall St Week Ahead: High-flying Nvidia’s earnings could test US stock market’s AI dreams - 10 months ago
Now the third most valuable company on Wall Street after Apple and Microsoft , Nvidia has also become a bellwether for the artificial intelligence industry. Other AI-focused stocks have surged this year, including Super Micro Computer Inc, which is up 182% year-to-date, and Arm Holdings, up nearly 71%.
Economic Times

Wall Street slides as hot producer price data crimps rate cut bets - 10 months ago
The data could encourage the Fed to wait before cutting rates. Earlier this week, a hot consumer prices report sparked a selloff in equity markets although a slump in January retail sales on Thursday stoked hopes of rate cuts.
Economic Times

Number of smallcaps with double-digit gains drop with some signs of profit booking - 10 months ago
The number of smallcap stocks that rose in double digits came down for the second consecutive week. Fifty of them saw double-digit rallies, compared with 52 a week earlier and 60-plus in the preceding week.
Economic Times

Wall St muted after hot inflation data douses early rate-cut hopes - 10 months ago
Treasury yields spiked after the report, with the yield on the benchmark 10-year note last at 4.291%, as traders added to bets that the Fed may defer the first rate cut until after June. Most megacap stocks dropped, with Meta Platforms falling 1.8% and dragging the S&P 500 communication services index down 1.1%.
Economic Times

Novartis puts its India-listed entity for up for sale - 10 months ago
The strategic review will include an assessment of the 70.68% shareholding of Novartis AG in Novartis India. Novartis said there is no assurance that the strategic review of Novartis India will be completed in 2024, or that the outcome would result in the implementation of any transaction.
Economic Times

Fairfax refutes charges that Digit was falsely shown to be profitable in 2021 - 10 months ago
Toronto-listed Fairfax’s shares have recouped all losses after a short seller report on 8 February alleged asset value manipulation by the company
Economic Times

Tech industry revenue to touch $254 bn this fiscal: Nasscom - 10 months ago
​The domestic technology industry's revenue is projected to grow 3.8 per cent to USD 254 billion this fiscal, industry body Nasscom said on Friday and highlighted creation of 60,000 more jobs during this period.
Economic Times

Fed's Barr says supervisors more aggressive, honing in on interest rate risk - 10 months ago
​The Federal Reserve's top regulatory official said on Friday that bank supervisors are flagging problems at banks at a higher rate in the past year, and are conducting additional exams at firms facing large unrealized losses.
Economic Times

Recession hits Japan & UK: What it means for India & all other key details - 10 months ago
Recession has struck some of the world's top economies. Japan has lost its spot as the world’s third-largest economy to Germany. The United Kingdom has slipped into recession just months before the election, derailing Prime Minister Rishi Sunak’s pledge to generate economic growth. Here's everything you need to know about the slowdown in Japan and the UK. Watch!
Economic Times

US stocks open subdued following hot producer price data - 10 months ago
The Dow Jones Industrial Average fell 21.41 points, or 0.06%, at the open to 38,751.71.
Economic Times

Roku tumbles 20% as stiff competition from heavyweights dents outlook - 10 months ago
​Roku dropped nearly 20% on Friday after the streaming-service provider forecast a steeper-than-expected first-quarter loss, as it struggles to compete with heavyweights such as Netflix and Amazon for advertising dollars.
Economic Times

Foreign inflows into govt bonds likely to be stable: MPC member - 10 months ago
The percentage of foreign holdings in government debt is between 2% and 17% and is unlikely to go up to levels which can cause disruptions. Rather the persistent and long-term nature of these flows will help ease bond yields and support government borrowing, Ashima Goyal said.
Economic Times

Modi's Magic: Sectors that flourished during PM's two terms - 10 months ago
During Modi’s two terms in office, India has emerged as one of the fastest-growing economies too. Many sectors and industries boomed. In this special ET Markets Decoder episode, we dive deeper into how the stock markets and different sectors have grown ever since PM Modi took charge. Watch!
Economic Times

Hindalco, LIC Housing Finance among 5 stocks with top short covering - 10 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 Friday's trading session, five stocks saw top short covering. Here's the list:
Economic Times

Vedanta, BHEL among 5 stocks with top long unwinding - 10 months ago
Long unwinding refers to selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness. In Friday's trading session, five stocks witnessed a top long unwinding. Here's the list:
Economic Times

Bajaj Auto sets February 29 as record date for Rs 4,000 crore share buyback - 10 months ago
Under the offer, Baja Auto will buy 40 lakh fully paid-up equity shares of the company at Rs 10,000 per equity share. However, the aggregate amount that will be used for buyback of shares will not be more than 4,000 crore.
Economic Times

Tech View: Nifty ready to test all-time peak levels. What traders should do next week - 10 months ago
The short-term moving averages are below the price action and should continue to support the indices on every decline. With 22,000 acting as immediate support to watch out for, the bigger area of support stands at 21,800-850.
Economic Times

Investors richer by over Rs 2 lakh crore as Sensex rallies for 4th session gaining 376 points - 10 months ago
Among the Sensex stocks, Wipro, M&M, L&T, and Tata Motors were the top gainers, rising 2-5%. Maruti, Infosys, Nestle India, and IndusInd Bank also closed in the green, while Power Grid, SBI, Reliance Industries, NTPC, and Axis Bank ended with cuts.
Economic Times

SpiceJet shares jump 14% after Ajay Singh, Busy Bee Airways submit joint bid to acquire GoFirst - 10 months ago
SpiceJet said that it is currently in the midst of a revival plan and has successfully completed the first tranche of capital infusion amounting to Rs 744 crore, with additional subscriptions pending regulatory approval.
Economic Times

Up 174% in 1 year! Ashish Kacholia picks up stake in this smallcap multibagger stock - 10 months ago
PTC Industries allotted 2.35 lakh equity shares at Rs 6,000 apiece, under which Kacholia bought 1 lakh shares. Other investors who were allotted the shares include Himalaya Finance and Investment, Naresh Saraaf, Blue Square, Fair and Faith Consultants.
Economic Times

Sensex rallies for 4th straight session, jumps 376 points; Nifty above 22K - 10 months ago
Among the Sensex stocks, Wipro, M&M, L&T, and Tata Motors were the top gainers, rising 2-5%. Maruti, Infosys, Nestle India, and IndusInd Bank also closed in the green, while Power Grid, SBI, Reliance Industries, NTPC, and Axis Bank ended with cuts.
Economic Times

Entero Healthcare sees negative listing. Should investors exit? - 10 months ago
Entero has incurred losses in the past three fiscal years, raising concerns about its financial sustainability and profitability. It also faces challenges with negative cash flows from all three major activities, impacting working capital requirements.
Economic Times

Reliance Industries sitting on a Rs 90-crore loss in this smallcap stock - 10 months ago
Reliance invested Rs 413.28 crore in Ekta Kapoor-backed Balaji Telefilms in July 2017. The conglomerate purchased 25.2 million equity shares at Rs 164 each. However, since the purchase price of Rs 164, Balaji Telefilms has given RIL a negative return of 21.3% compared to its current market price of Rs 129.
Economic Times

Biggest beneficiaries of current bull run: 5 stocks with upside potential of up to 31% - 10 months ago
There is another side to the much talked about SEBI study, which mentioned that 90 % of the individuals who trade in future and options ( F&O) end up losing money only 10% are able to make profit. What is the common between both these losers and winners? They both brokerage to their stock broker and also pay transaction fees to the stock exchange. So, who is the constant and permanent winner? The stock exchange and the stock broker. Now to the other part which is more important, the turnover of the F&O segment where the compulsive traders are operating will continue to rise. The assumption is based on past trends and the harsh reality that every year a new set of compulsive traders will keep coming to the market and ensure that the cash register keeps ringing at the stock exchange. Also ensuring a healthy bottomline for other companies which form the part ecosystem required from taking a trade to final settlement of that trade.
Economic Times

Reliance Industries sitting on Rs 90-crore loss in smallcap stock - 10 months ago
Reliance invested Rs 413.28 crore in Ekta Kapoor-backed Balaji Telefilms in July 2017. The conglomerate purchased 25.2 million equity shares at Rs 164 each. However, since the purchase price of Rs 164, Balaji Telefilms has given RIL a negative return of 21.3% compared to its current market price of Rs 129.
Economic Times

Motilal tweaks FY25 earnings outlook of Tata Motors, ITC and 8 other companies after Q3 show - 10 months ago
The aggregate earnings of the companies in the MOFSL universe exceeded expectations and rose 29% year-on-year (YoY) versus an estimated 19%. Earnings for the Nifty-50 jumped 17% YoY versus an estimated 11%.
Economic Times

Nifty 50 earnings grew 17% YoY in Q3, but analysts’ tone cautious; here’s why - 10 months ago
Automobiles and financials continued to propel the overall earnings growth, while they were also joined by global cyclicals such as oil and gas and metals. The only heavyweight sector to disappoint was information technology, with the overall earnings seeing a decline for the first time in 26 quarters.
Economic Times

Taking risk and understanding risks are two different things: 5 smallcap stocks from different sectors - 10 months ago
Risks are higher, but desire to own them is at the highest. This probably explains the current state of relationship between the small cap segment of the market and investors. One of the reasons for it could be the recent performance of small caps and the kind of return they have delivered in the last eight months. This has brought them in the category of stocks where the desire to own them is “highest”. But the fact which gets ignored in such conditions is that “risks” are also higher. Especially the market liquidity risk and the risk of corporate governance being thrown out of the window. There are many risks which are being ignored and largely because of one reason, the narrative and price action on the street. So, while you take risks, understand the risk and try to manage the risk.
Economic Times

ITC, REC among 5 stocks with short buildup - 10 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

BPCL, Glenmark Pharma among 5 stocks with long buildup - 10 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