More than just an index and it's not Nifty: A collection of stocks suitable for trading and investing alike - 10 months ago
Out of 50 stocks, only 5 of them have delivered negative returns in the last one year. Out of these 5 stocks, three stocks belong to one industrial house which faced headwinds early last year. 7 stocks have delivered more than 100 percent return, 4 stocks have gained between 80 to 100 %, 8 stocks have gained between 60 to 80 %, 5 stocks between 40 to 60 %, 12 stocks have gained between 20 to 40% and 9 stocks have gained between 0 to 20%. So, if you have focussed only on these 50 stocks out of a total universe of more than 3000 stocks which are traded, the probability that you would have been able to make money both in volatile and trending markets and also satisfy your desire to be a trader and investor at same time would have been met. The reason why is stocks? Most retail traders have a tendency to trade with bullish bias and prefer taking long positions rather than going short even when markets are not so bullish.
Economic Times

Technical Breakout Stocks: How to trade Tata Investment, Oil India and BEML on Wednesday? - 10 months ago
Stocks that were in focus include names like Tata Investment Corporation which was up 20%, Oil India rose nearly 4% to hit a fresh record high and BEML closed with gains of more than 10% to hit a fresh high.
Economic Times

LIC’s $30-billion rally gives IPO investors a chance at redemption - 10 months ago
LIC's stock climbed 1.9% on Tuesday, to close at its highest level since its IPO in May 2022. The climb over the past 10 months has coincided with a broader surge in Indian equities that’s added some $30 billion to LIC’s market value.
Economic Times

Sun Pharma, Coal India among 5 stocks with top long unwinding - 10 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 Tuesday's trading session, five stocks witnessed a top-long unwinding. Here's the list:
Economic Times

JSW Steel, Bajaj Auto 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 Tuesday's trading session, five stocks saw top short covering. Here's the list:
Economic Times

BPCL, Tata Motors among 6 Nifty50 stocks that hit new 52-week highs on Tuesday - 10 months ago
Indian shares fell on Tuesday, following a sharp surge in the previous session, weighed down by financials after Bajaj Finance's asset quality worsened in the December quarter. However, in today's trade, six Nifty50 stocks hit new 52-week highs. Here's a list:
Economic Times

Bears roar: Sensex nosedives 802 points on profit-booking in RIL, Bajaj twins drag - 10 months ago
The market capitalisation of all listed companies on BSE declined by Rs 1.84 lakh crore to Rs 375.36 lakh crore. The highest weighted of the 13 major sectors — financial services — dropped 0.63%. Meanwhile, Nifty FMCG, IT, healthcare, consumer durables, and oil & gas also declined.
Economic Times

RIL, Tata Power among 6 largecaps that outperformed Nifty50 on Tuesday - 10 months ago
Indian benchmark equity indices fell on Tuesday, following a sharp surge in the previous session, weighed down by financials after Bajaj Finance's asset quality worsened in the December quarter. As per data available on StockEdge, several largecaps from the Nifty200 index outperformed the benchmark Nifty50 index on a 1-week and 3-month basis as of January 30. Here's a list:
Economic Times

Sensex plunges 802 pts, Nifty below 21,550; Reliance falls 3% - 10 months ago
Benchmark equity indices declined on Tuesday, a day after recording sharp gains, with the BSE Sensex falling over 1 per cent due to selling in Reliance Industries, ITC and Bajaj Finance. The 30-share BSE Sensex fell by 801.67 points or 1.11 per cent to settle at 71,139.90. During the day, it plummeted 865.85 points or 1.20 per cent to 71,075.72. The Nifty declined 215.50 points or 0.99 per cent to 21,522.10.
Economic Times

Bears roar: Sensex nosedives 802 points on profit-booking in RIL, Bajaj twins - 10 months ago
The market capitalisation of all listed companies on BSE declined by Rs 1.84 lakh crore to Rs 375.36 lakh crore. The highest weighted of the 13 major sectors — financial services — dropped 0.63%. Meanwhile, Nifty FMCG, IT, healthcare, consumer durables, and oil & gas also declined.
Economic Times

Tata Motors is now bigger than Maruti Suzuki on Dalal Street after 5% rally in shares - 10 months ago
Tata Motors shares hit a fresh 52-week high on the BSE, surpassing Maruti Suzuki's market capitalisation. Tata Motors' market cap reached Rs 2.94 lakh crore. The stock has delivered over 90% returns in the last year, outperforming Nifty Auto and broader Nifty. Tata Motors reported a 27% uptick in JLR wholesales for the quarter ended December 30, 2023.
Economic Times

Epack Durables makes a tepid debut at bourses. What should investors do now? - 10 months ago
"The stock will likely underperform in the near future. However, the business model may work in the long term and investors who have received allotment can hold the shares instead of booking losses at current levels. The financial performance in the next two to three quarters will drive the rerating for the stock," Avinash Gorakshakar of Profitmart Securities.
Economic Times

BPCL vows up to Rs 1.7 lakh crore capex investment in 5 years; shares jump 5% - 10 months ago
Shares of BPCL hit a 52-week high on the NSE, rising 5% following its Q3 earnings. The company plans to invest Rs 1.5-1.7 lakh crore in capex over the next 5 years. BPCL is well-positioned for the Mozambique gas project and is unaffected by the Red Sea crisis. The company expects oil prices at $80-$90/BBL in the next 6 months. Citi retains its 'buy' rating with a price target of Rs 560. Motilal Oswal maintains a 'neutral' view on the stock.
Economic Times

Sustained deal momentum, rising utilisation to support Persistent’s performance - 10 months ago
The company’s revenue increased by 3% sequentially in the December quarter to $300.6 million, one of the highest growth rates among peers. In rupee terms, it rose by 3.6% to Rs 24,982.2 crore while net profit grew by 8.7% to Rs 2,861.3 crore.
Economic Times

BPCL vows up to Rs 1.7 lakh crore capex investment in 5 years. Shares jump 5% - 10 months ago
BPCL on Monday reported a 73.4% year-on-year (YoY) rise in net profit for the quarter ended December 2023 at Rs 3,397.30 crore. The profit for the quarter was higher than an ETNow poll estimate of Rs 3,271 crore. Revenue from operations, net of excise duty, declined 3% YoY to Rs 1.15 lakh crore, but the figure was higher than the estimated Rs 1.05 lakh crore.
Economic Times

Budget 2024: D-Street investors' wishlist from Nirmala Sitharaman - 10 months ago
Equity bulls on Dalal Street rejuvenated, with the BSE Sensex gaining 1300 points in a single session. The market is optimistic about government spending in infrastructure and energy sectors, attracting investor interest. The upcoming budget is expected to focus on fiscal consolidation, capital investment-led expansion, and rural growth.
Economic Times

Renault shares soar after company calls off IPO - 10 months ago
Renault shares rose as much as 4.5% in early session trade on Tuesday after the company ditched plans to list its electric vehicle business Ampere because of sluggish stock market conditions.
Economic Times

Tata Investment shares soar 19% on Q3 results; multibagger extends gains to 30% in four sessions - 10 months ago
Shares of Tata Investment Corporation soared 19% to hit a 52-week high of Rs 5,749.70 on the NSE on Tuesday after the company posted a 62% year-on-year (YoY) jump in its standalone net profit for the quarter ended December 31, 2023, at Rs 24.08 crore.
Economic Times

Budget 2024: Nazara Technologies among 4 stock ideas from William O'Neil - 10 months ago
Ahead of Budget 2024, stock market data research firm William O'Neil India has selected some promising stocks, which have the strength and potential to yield good returns. These stocks included Nazara Technologies, Power Mech Project and Kfin Technologies. Based on the recommendations from William O'Neil, here are four stock ideas:
Economic Times

For moderate risk takers: 5 midcap stocks from different sectors with potential upside of up to 29% - 10 months ago
For all those investors whose portfolio is titled in favour of the mid-caps need to do two things in current market conditions. First, don't extrapolate what has happened in the last one quarter to the mid caps stocks. Second, which is more important, be careful when taking fresh exposure to this segment of the market and apply checks and balances when investing and even after that be ready for some drawdown in the value of the stocks. How does one put checks and balances? Simple, have a look at fundamentals and it is not very tough, having a look at some of the critical ratios like ROE and ROCE would help in avoiding silly mistakes which are common in bullish markets.
Economic Times

Vi shares rise 1% after telco's Q3FY24 net loss narrows - 10 months ago
Shares of Vodafone Idea were up 1.3% on Tuesday morning in early trade, a day after the telco narrowed its December quarter net loss to Rs 6989 crore on the back of a one-time exceptional gain as well as lower finance and operational costs, though the stressed telco continued to lose millions of subscribers to its bigger rivals.
Economic Times

Bajaj Finserv, 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 Tuesday’s trading session, five stocks witnessed a build of fresh short positions. Here's the list:
Economic Times

Muthoot Microfin shares rally 14% after Q3 profit jumps 119% YoY - 10 months ago
"Our assets under management have grown 5% q-o-q and 39% y-o-y to Rs 114,581.37 million, with PAT soaring by 119% y-o-y to Rs 1,245.7million
Economic Times

Suzlon Energy shares rally on winning 642 MW wind power project - 10 months ago
Suzlon will install 214 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3 MW each in Andhra Pradesh.
Economic Times

Retailising loan against securities in India - 10 months ago
One option that has gained popularity is the concept of a loan against securities to cater for such instances. This article explores the benefits and advantages of this financing option for retail investors.
Economic Times

Zee Entertainment Enterprises, Shriram Finance 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 Tuesday's trading session, five stocks witnessed a build of fresh long positions. Here's the list:
Economic Times

As equity bulls drive pre-budget rally on D-Street; what’s their wishlist to Nirmala Sitharaman? - 10 months ago
Equity bulls on Dalal Street rejuvenated, with the BSE Sensex gaining 1300 points in a single session. The market is optimistic about government spending in infrastructure and energy sectors, attracting investor interest. The upcoming budget is expected to focus on fiscal consolidation, capital investment-led expansion, and rural growth.
Economic Times

Technical Stock Pick: This auto component stock nearly doubles from 52-week low; reclaims 200-weekly EMA - 10 months ago
Samvardhana Motherson Ltd, an auto component company, has experienced a surge in its stock price, reaching a 52-week high and showing an impressive 80% increase from its low in March 2023. This strong momentum is supported by the significant role played by the 200-weekly Exponential Moving Average (EMA), which has transitioned from acting as a resistance to now serving as a crucial support for the stock.
Economic Times

Budget 2024: Nazara Technologies among 4 stock ideas from Willaim O'Neil - 10 months ago
Ahead of Budget 2024, stock market data research firm William O'Neil India has selected some promising stocks, which have the strength and potential to yield good returns. These stocks included Nazara Technologies, Power Mech Project and Kfin Technologies. Based on the recommendations from William O'Neil, here are four stock ideas:
Economic Times

The new landscape of Indian stock trading: Empowered retail investors and advanced technology - 10 months ago
Digital advancements have blurred the lines between traditional and retail investors. With technology at their fingertips, retail investors now enjoy unprecedented access to the stock market, fostering a more inclusive financial environment.
Economic Times

Euphoria Infotech India lists at a 90% premium over issue price at Rs 190 - 10 months ago
The stock of Euphoria Infotech India on Tuesday was listed at a premium of 90% over the issue price of Rs 100, making a strong debut at Rs 190 on the BSE. The stock went on to hit the day's high of Rs 199.50.
Economic Times

Bajaj Finance shares plunge 5% on Q3 asset quality woes. Should you buy? - 10 months ago
Shares of Bajaj Finance dropped nearly 5% on the NSE after reporting higher loan losses and provisions for the quarter. Macquarie reiterated 'Neutral' stance, while Jefferies and PhillipCapital gave 'Buy' ratings. Bajaj Finance's Q3 consolidated net profit grew 22% YoY to Rs 3,639 crore, slightly below expectations. Macquarie expects credit costs to increase as delinquencies normalize. Jefferies maintains 'Buy' rating with a target of Rs 9,400, citing strong AUM growth and better NIMs.
Economic Times

RR Kabel shares drop 5% on Q3 earnings impact - 10 months ago
RR Kabel is the fifth-largest player in the branded wires and cables market in India, representing approximately 7% market share by value as of FY23 (vs. 5% in FY15).
Economic Times

Addictive Learning Technology stock lists at 121% premium over issue price - 10 months ago
The initial public offering (IPO) of Addictive Learning Technology was subscribed 177.27 at the end of the final day as the issue received consolidated share bids of over 76.17 crore versus the issue size of 42.97 lakh shares.
Economic Times

Mahindra & Mahindra Financial Services: Sideways - 10 months ago
Mahindra & Mahindra Financial Services’ daily trend is sideways. The RSI for monthly, weekly and daily are showing bullish momentum. Based on option chain analysis, the range is between 270 and 300. Let’s plan a trade around this.
Economic Times

Epack Durables shares debut at 4% discount to issue price - 10 months ago
Epack Durables, a leading room air conditioner manufacturer in India, debuted on the stock exchanges with a 4% discount over the issue price. The IPO, which had a healthy subscription of 16 times, included a fresh equity issue and an offer for sale by selling shareholders. The company plans to use the IPO proceeds for capital expansion and debt repayment. Epack Durables has a strong market share in the domestic air conditioner market and has expanded into the small domestic appliance market. Its revenue and profit have shown significant growth in recent years.
Economic Times

Fundamental Radar: Five factors to drive 14% sales CAGR for Hindware Home, says Sandeep Raina - 10 months ago
The medium-to-long term growth prospects for Hindware Home Innovation remains positive given its strong positioning in bath ware, greater presence in pipes and fittings and consumer appliances, comprehensive product portfolio, strong brand recall, and wide and expanding distribution reach, says Sandeep Raina of Nuvama Professional Clients Group.
Economic Times

Konstelec Engineering shares list with 200% premium on NSE SME platform - 10 months ago
Konstelec Engineering debuted on the NSE SME platform with a premium of 200%, listing at Rs 210 compared to the issue price of Rs 70. The company's shares commanded a robust GMP of Rs 90 in the unlisted market. The SME IPO of Konstelec Engineering received massive subscription and raised around Rs 28.7 crore.
Economic Times

ITC shares fall 1.5% on operationally weak Q3 earnings. Should you buy stock? - 10 months ago
ITC reported a 6% growth in its consolidated net profit at Rs 5,335 crore for the quarter ended December. The same stood at Rs 5,006 crore in the year-ago period. The profit beat the ET Now Poll expectation of Rs 5,072 crore.
Economic Times

Smallcap stock screener: FIIs, mutual funds consistently buying these 9 counters - 10 months ago
When seen against small and midcap stocks, largecaps have historically had lowering drawdowns and have recovered faster. While Nifty 100 companies have gained share in overall Revenue and PAT of listed universe, the overall share in market cap has fallen from 72.3% in 2018 to 64% currently.
Economic Times

Sensex slips 100 points, Nifty below 21,750 as Bajaj twins, RIL fall - 10 months ago
Indian equity indices traded marginally lower ahead of the US Federal Reserve policy decision and India's interim budget. Bajaj Finance shares fell after missing profit view, while KEC International shares rose after winning new orders. Nifty IT, AutoFMCG, Media, Metal, Realty, and Healthcare sectors opened higher. RIL, L&T, and ICICI supported the market. Asian shares fell due to China Evergrande's liquidation, while Wall Street equities rose ahead of corporate earnings. FIIs bought shares, domestic investors remained net buyers.
Economic Times

Sensex gains over 150 points, Nifty above 21,800; Bajaj twins tumble up to 4% - 10 months ago
Sensex rises over 150 points, Nifty above 21,800; Bajaj twins tumble up to 4%; Wipro, Tata Motors, Infy are some of the other gainers in the morning trade.
Economic Times

Stocks in Asia slip as China property sector worries weigh - 10 months ago
U.S. Treasury yields remained under pressure in Asian hours, keeping a lid on dollar movement, after the Treasury Department said it would need to borrow less than its previous estimates.
Economic Times

Hot Stocks: Brokerage view on RIL, ITC, GAIL, Bajaj Finance and Marico - 10 months ago
Citigroup maintained a neutral rating on RIL with a target price of Rs 2910. There are some overcapacity concerns in the solar equipment space.
Economic Times

Retail stock offers 7% profit window; PSU miner digs in for 4% gain - 10 months ago
The markets opened on a strong note. Nifty retained its gains of the day and ended higher.
Economic Times

Buy or Sell: Stock ideas by experts for January 30, 2024 - 10 months ago
ET Now spoke to various experts, and here's what they have to recommend for today's trading session. Kunal Bothra has a buy/sell recommendation on Bank of Baroda and Indian Hotels while Nooresh Merani has a buy/sell recommendation on Power Grid Corp and Concor for today's trading session. Check out the targets and stoploss.
Economic Times

S&P 500 hits fresh closing high ahead of Fed meeting, big tech earnings - 10 months ago
U.S. stocks advanced on Monday as market participants looked ahead to this week's slew of megacap earnings, economic data and the Federal Reserve's monetary policy meeting.
Economic Times

Strong US economic outlook buffers stocks against rising yields -Goldman - 10 months ago
A strong economic outlook is helping U.S. stocks weather a rise in Treasury yields, though that could change if factors such as tighter monetary policy drive yields higher or if they move up too fast, Goldman Sachs strategists said.
Economic Times

Big movers on D-Street: What should investors do with Azad Engineering, Tata Technologies and Adani Green? - 10 months ago
Here's what Avdhut Bagkar, Derivatives & Technical Analyst at StoxBox, recommends investors should do with these stocks when the market resumes trading today.
Economic Times

Stock Radar: Should you buy? Indus Tower reclaims 200-Days EMA on weekly charts, says Shitij Gandhi - 10 months ago
“From the last almost one year Indus Tower stock has been consolidating in a broader range of 135-210 and sustaining below its 200-Days exponential moving average on weekly charts. Traders can buy for a target of Rs 280,” Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said.
Economic Times