IDBI Bank moves to sell Rs 8,843 crore of bad loans - about 1 year ago
The assets on the block are a dozen cases including loans to Videocon Oil Ventures (VOVL), Jaiprakash Associates (JAL) and Wind World, which are facing various delays in their resolution.
Economic Times

Stock Radar: Geojit Financial Services hits 52-week high; time to buy or book profits? - about 1 year ago
The stock rose from Rs 52.90 registered on 23 October 2023 to the intraday record high of Rs 69.11 on 1st November 2023 — translating into gains of over 30% in a week. It touched a 52-week high of Rs 69.11 with strong volumes, which highlights conviction from the bulls.
Economic Times

Wall St holds gains as Fed keeps rates steady - about 1 year ago
The Dow Jones Industrial Average rose 43.69 points, or 0.13%, to 33,096.56, the S&P 500 gained 12.23 points, or 0.29%, to 4,206.03 and the Nasdaq Composite added 67.42 points, or 0.52%, to 12,918.66.
Economic Times

Fed holds rates at 22-year high, signals concern on yield rise - about 1 year ago
The decision left the target range for the benchmark federal funds rate unchanged at 5.25% to 5.5%, the highest since 2001, as part of a strategy to slow the pace of rate increases as the central bank nears the end of its tightening campaign. The S&P 500 index and Treasuries extended their rally while the dollar slipped after the announcement.
Economic Times

Market Trading Guide: IOC, Birlasoft among 5 stock recommendations for Thursday - about 1 year ago
Indian equity indices ended lower on Tuesday in a volatile market, dragged by banking, financial, auto, and IT stocks. The S&P BSE Sensex closed 0.44% lower at 63,591, while the NSE Nifty 50 index ended below the 19,000 level"The short-term trend of Nifty continues to be weak. The Nifty is expected to slide down to the lower support of 18,850 levels (200-day EMA) once again before showing another round of upside bounce from the lows. Any intra-week upmove from here could encounter resistance around 19100 levels," said Nagaraj Shetti, Technical Research Analyst at HDFC SecuritiesHere are the 5 stock recommendations for Thursday:
Economic Times

Tata Steel to issue 7.58 crore shares to Tata Steel Long Products shareholders under merger plan - about 1 year ago
Shareholders of Tata Steel Long Products will get 67 shares of Tata Steel for every 10 shares held by them in the former.
Economic Times

7 consumer discretionary stocks hit 52-week high; rally up to 25% in a month - about 1 year ago
During Wednesday's trading session, the benchmark index Sensex dropped around 284 points, ending the day at 63,591. Despite this decline, 7 stocks from the BSE Consumer Discretionary index reached their highest prices in the last 52 weeks. The 52-week high holds significant importance for traders and investors as it serves as a crucial technical indicator for assessing a stock's present value and anticipating potential price fluctuations. This figure represents the highest price at which a stock has traded over the past year.
Economic Times

US stocks open higher ahead of Fed policy decision - about 1 year ago
The Dow Jones Industrial Average rose 29.00 points, or 0.09%, at the open to 33,081.87.
Economic Times

Musk & Tesla see combined $100 bn wealth erosion since Twitter takeover - about 1 year ago
Elon Musk's net worth and Tesla's market cap have seen a combined loss of about $100 billion since he took over Twitter in October-end last year. This is in addition to X's (formerly Twitter) valuation markdown to $19 billion. Musk spent $44 billion on Twitter a year ago to allow more free speech and turn it into an 'everything app'. (Source: NYT News Service, finitiv, Bloomberg, TOI)
Economic Times

Breakout Stocks: How to trade Vodafone Idea, Angel One and MOSL on Thursday - about 1 year ago
Vodafone Idea has formed a new 52-week high on Wednesday. Fundamentally, the company is expected to secure funding (~Rs 20,000 crore in the form of debt and equity) from investors as per the latest earnings conference call.
Economic Times

Tech View: Nifty to face resistance around 19,100 level. What traders should do on Thursday - about 1 year ago
The short-term trend of Nifty continues to be weak. It is expected to slide down to the lower support of 18,850 levels (200 day EMA) once again before showing another round of upside bounce from the lows. Any intra-week upmove from here could encounter resistance around 19,100 levels, said Nagaraj Shetti of HDFC Securities.
Economic Times

Breakout Stocks: How to trade Vodafone, Angel One and MOSL on Thursday - about 1 year ago
Vodafone Idea has formed a new 52-week high on Wednesday. Fundamentally, the company is expected to secure funding (~Rs 20,000 crore in the form of debt and equity) from investors as per the latest earnings conference call.
Economic Times

Hero MotoCorp's Pawan Munjal to take 20% pay cut following split in Chairman and CEO roles - about 1 year ago
Earlier this year, Hero decided to separate the roles of the Chairman & CEO and appoint a CEO for the company. Following this transition, Munjal volunteered to reduce his fixed salary. Munjal has been accused of forgery and fraud charges in an FIR filed by the Delhi Police recently. The Delhi High Court later stayed the criminal proceedings against Hero MotoCorp and its chairman in the case.
Economic Times

US Fed meet outcome preview: Status quo on interest rates likely; here's what else to expect - about 1 year ago
Financial markets are expecting the US Federal Reserve to keep interest rates on hold at the end of a two-day policy meeting on Wednesday. Since the last policy meeting in September, when the central bank's policymakers also left rates unchanged, incoming data has shown stronger-than-expected job growth, stronger-than-anticipated economic growth, and only sluggish improvement in the pace of inflation that, at 3.4% in September based on the Fed's preferred gauge, remains well above the target.
Economic Times

Swan Energy, BSE among 5 overbought stocks with RSI above 70 - about 1 year ago
Uncover the significance of the Relative Strength Index (RSI) and why it's a valuable tool for assessing stock movements. In this article, we explore five stocks that were trading in an overbought zone on October 31, Tuesday, helping you make informed investment decisions while understanding the importance of RSI.
Economic Times

Hero MotoCorp, EIH among 5 stocks with RSI trending down - about 1 year ago
Understand the Relative Strength Index (RSI) and its significance in the stock market. In this article, we explore four stocks that were trading with RSI trending down on October 31, Tuesday, helping you grasp RSI's importance in making informed investment decisions.
Economic Times

TVS Motor to sustain growth momentum with core margin improvement and sustained demand - about 1 year ago
The company's operating margin before depreciation and amortisation (EBITDA margin) expanded by 89 basis points sequentially to 11% in the September quarter driven by richer product mix and lower raw material prices. This is the fourth quarter of sequential margin improvement for the maker of Apache and Radeon bikes The absolute EBITDA per unit rose to a record high of Rs 8,400 per unit.
Economic Times

Sensex falls 285 pts ahead of US Fed outcome; Nifty below 19,000 - about 1 year ago
Equity benchmark indices Sensex and Nifty declined for the second day in a row on Wednesday amid unabated foreign fund outflows. Investors preferred to remain on the sidelines ahead of the US Federal Reserve's interest rate decision, traders said. The 30-share BSE Sensex declined 283.60 points or 0.44 per cent to settle at 63,591.33. During the day, it fell 324.47 points or 0.50 per cent to 63,550.46. The Nifty went down by 90.45 points or 0.47 to 18,989.15.
Economic Times

Piramal Pharma, KNR Constructions, 5 other stocks cross 100-day SMA - about 1 year ago
Surpassing the 100-Day SMA is often seen as a positive sign, indicating potential short to mid-term growth. On October 31, several major stocks surged above their 100-Day SMA, signaling potential bullish trends.
Economic Times

PMS, AIF AUM expected to grow at 26% CAGR to Rs 43 lakh crore by 2028: Report - about 1 year ago
The assets under management or AUM in these products have grown more than three times in the last five years and twice as fast as the growth being witnessed in mutual funds, he said. The above growth estimates are based on favourable market conditions with the pace of growth remaining the same.
Economic Times

NSE vs BSE - let's see how the two indices stack up against each other on key metrics - about 1 year ago
BSE shares have seen a meteoric rise of 42% in the last 1 month whereas NSE's stock has relatively fallen a bit. In the unlisted market, it is down 5-8%but why BSE has been rising. Watch the video.
Economic Times

Coal India, Divi’s Laboratories among 5 Nifty stocks with golden crossover pattern - about 1 year ago
Explore the concept of the Golden Crossover and its significance in stock trading. We've identified stocks that recently experienced this pattern, providing insights to bolster your investment strategies.
Economic Times

Birla Corporation, Piramal Pharma among 5 stocks with RSI trending up - about 1 year ago
Discover the significance of Relative Strength Index (RSI) and why it's a crucial tool for stock investors. We've handpicked five stocks from the pool of over 60 that witnessed RSI trending up, offering valuable insights for your investment strategies.
Economic Times

Blue Jet Healthcare gets decent listing premium in weak market. What should investors do? - about 1 year ago
It has specialized chemistry capabilities in contrast to media intermediates and high-intensity sweeteners. The company has built a long-term customer base of innovator and multi-national generic pharmaceutical companies, supported by multi-year contracts.
Economic Times

Adani Enterprises, Nocil and 6 more stocks surpass 200-day SMA - about 1 year ago
On October 31, several major stocks achieved a remarkable milestone by surpassing their 200-day SMA, signaling potential shifts in their stock trends.
Economic Times

Vodafone Idea, DLF, 3 more large & midcap stocks hit 52-week highs on Wednesday - about 1 year ago
The stock market exhibited remarkable momentum as several largecap and midcap stocks achieved new 52-week highs on November 1, highlighting their resilience and potential for growth. These milestones underscore the opportunities within these segments of the market.
Economic Times

Sensex extends fall to 2nd session, drops 285 pts ahead of Fed decision; Nifty below 19K - about 1 year ago
Nifty small-caps and mid-caps declined 0.26% and 0.7%, respectively. Amongst sectors, Nifty Metal fell 1.4%, and Nifty IT dropped 0.8%. While Nifty Media, Pharma, PSU Bank, Realty, Healthcare, and Oil & Gas ended higher.
Economic Times

Trent, Jindal Saw among 6 stocks that touched all-time highs on Wednesday - about 1 year ago
The stock market marked the beginning of September with a surge of activity as several major stocks achieved new all-time highs on September 1. These milestones underscore the dynamism of the market and the remarkable growth potential of these companies.
Economic Times

Rule allowing Indian companies to list overseas comes into force - about 1 year ago
The amendments provide public companies the flexibility to list their securities on foreign stock exchanges and also include provisions for exemptions by the central government. The provisions for direct overseas listing were approved by the government, as part of the Covid relief package announced in May 2020.
Economic Times

D-Street's smallcap rally fades as cautious foreign investors flee - about 1 year ago
BSE Ltd.’s small and mid-cap indexes fell 1.7% and 3.4%, respectively, in the latest month. The declines came as overseas funds sold $2.6 billion of Indian equity in October, on a net basis, their biggest withdrawal since January.
Economic Times

Geojit Financial Services shares jump over 14%, hit 52-week high as Q2 profit rises 58% YoY - about 1 year ago
Earnings before investment, tax, depreciation, and amortisation (EBITDA) for the quarter jumped 44% YoY to Rs 59 crore in Q2 FY24 as compared to Rs 41 crore in Q2 FY23.
Economic Times

Add quantitative checks to avoid mistakes: 5 smallcap stocks with upside potential of up to 52% - about 1 year ago
While it is a well known fact that small caps as a segment are more prone to risks of sharp decline. However, the reality is that when small caps are doing well, all the caution is thrown out of the window. The reason is, small gains also tend to gain very sharply in a short period of time and that is what makes them attractive to investors. Given the valuations, at this point of time, it would be logical that investors should put more checks and balances while navigating the small cap space. Also beware of rude shocks which this segment of the market may witness given the fact there are more headwinds ahead.ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market.
Economic Times

Right mix of commercial and residential matters: 5 real estate stocks with upside potential of up to 47% - about 1 year ago
Like business and economic cycles, stock markets also have cycles where they will take a liking to a particular sector in such a manner that valuations will go through the roof. Then comes a phase, where the same sector is thrown down the dumps. Real estate sector is one sector where in 2008, valuations were at their peak. then come and fall and by the start of 2020 valuations were in the dumps. While they made a comeback when covid rally took place in 2020, multiple factors have kept the focus on the real estate stocks for the last more than two years. Given the changes which some laws have brought and the fact that some promoters have learnt the lesson the hard way, will the real estate stock be able to deliver consistent returns?
Economic Times

Jhunjhunwala stock from insurance space falls over 5% post Q2 results - about 1 year ago
Meanwhile, its gross written premium increased to Rs 3,732 crore during the quarter as against Rs 3,193 crore a year ago.
Economic Times

Decision-Day Guide: Fed’s ‘hawkish pause’ to keep option to hike - about 1 year ago
The Federal Open Market Committee will keep rates unchanged at its two-day meeting ending Wednesday in a range of 5.25% to 5.5%, a level first reached in July. The rate decision and an accompanying statement will be released at 2 p.m. in Washington. Chair Jerome Powell will hold a press conference 30 minutes later.
Economic Times

Further spike in US yields can cause correction in market, warns Prashant Jain - about 1 year ago
"The only concern is the trajectory of US yields. While the recent increase from 1% to 5% hasn't yet significantly impacted India, a further rise, especially beyond 5.5-6%, could influence Indian yields. This might result in additional Foreign Institutional Investor (FII) selling, potentially causing corrections in the markets," Prashant Jain said last evening at the Morningstar Investment Conference in Mumbai.
Economic Times

Vodafone Idea shares climb 7%, hit new 52-week high. Here's why - about 1 year ago
This is in addition to the intervention on the Rs 99 prepaid plans by Vodafone Idea which was expanded to 15 circles in mid-August, the company said.
Economic Times

Fundamental Radar: Why is RR Kabel a promising investment bet in FMEG space? - about 1 year ago
The domestic wires and cables industry is estimated to see a compounded annual growth of 13% over FY23-27, on the back of growth in real estate and infrastructure investments.The Indian wires and cables exports are expected to grow at a strong pace over the medium term on the back of the ‘China+1’ strategy of most global customers.
Economic Times

F&O stocks in focus: How to trade Eicher Motors, MCX and Trent on Wednesday? - about 1 year ago
The Nifty50 index managed to reclaim 19000 levels on Tuesday amid short covering of existing short positions in the Index futures, suggest experts.
Economic Times

Bharti Airtel shares in focus after reporting 37% fall in Q2 profit. Should you buy or sell? - about 1 year ago
Airtel stock was trading 0.5% down on BSE on Wednesday at Rs 910 after the company reported a 37% year-on-year fall in its net profit to Rs 1,341 crore. While Jefferies has a target price of Rs 1,085 on the stock, CLSA sees it at Rs 1,110.
Economic Times

Patanjali Foods shares jump 5% to fresh 52-week high as stock exits ASM framework - about 1 year ago
ASM or additional surveillance framework is part of the initiatives taken by the Securities and Exchange Board of India and stock exchanges to enhance market integrity and safeguard the interest of investors. ASM framework is based on objective parameters with price, volume variation, volatility, etc.
Economic Times

October was obnoxious but November may be nice for Nifty bulls till Diwali, shows 10-year history - about 1 year ago
While the seasonality aspect for the month hasn’t been very strong with the index giving negative returns in 5 out of the last 10 November months, the period from Navratri to Diwali Muhurat trading session has generally been positive for the markets.
Economic Times

Sensex loses over 150 points, Nifty nears 19,000; Airtel falls 2% - about 1 year ago
Sensex sheds over 150 points, Nifty nears 19,000; Airtel falls 2%, Aether jumps 4%; L&T, Titan and M&M are some of the gainers in the morning trade.
Economic Times

7-8% gains are on the cards from a depository player and a brokerage - about 1 year ago
The Nifty displayed enthusiasm at open and kept it up. But the energy did not last the day and the index closed with a loss.
Economic Times

Chart Check: 25% rally in a month! Should you book profits or buy after the recent rally? - about 1 year ago
Short term traders can look to buy the stock on marginal fall for a target above Rs 1300 levels, suggest experts. The stock closed at Rs 1136 on 31 October 2023.
Economic Times

Blue Jet Healthcare shares list at 10% premium over issue price - about 1 year ago
The IPO of Blue Jet Healthcare was booked nearly 8 times at close, led by healthy interest from NIIs and QIBs. The IPO was priced in the range of Rs 329-346. Blue Jet Healthcare develops and supplies specialty pharmaceutical and healthcare ingredients and intermediates under a contract development and manufacturing organization (CDMO) business model.
Economic Times

Asian stocks stutter ahead of Fed, frail yen in focus - about 1 year ago
Market focus in Asia though was firmly on the yen in the wake of the Bank of Japan's decision to tweak its bond yield control policy again on Tuesday, further loosening its grip on long-term interest rates.
Economic Times

Stocks in focus: MRPL, DCB Bank and more - about 1 year ago
GIFT Nifty on the NSE IX traded lower by 9 points, or 0.05 per cent, at 19,131, signaling that Dalal Street was headed for muted start on Wednesday. Here's a slew of stocks that will be in focus today for various reasons.
Economic Times

Buy or Sell: Stock ideas by experts for November 01, 2023 - about 1 year ago
ET Now spoke to various experts, and here's what they have to recommend for today's trading session. Soni Patnaik has a buy/sell recommendation on MCX and Zydus Life, while Nooresh Merani has a buy/sell recommendation on LIC Housing Finance and CDSL for today's trading session. Check out the targets and stoploss.
Economic Times

Stocks to buy or sell today: LIC Housing, CDSL among top 5 trading ideas for 1 November - about 1 year ago
India VIX was up by 2.92% from 11.49 to 11.82 levels on Tuesday. Volatility has been on the rise from the last two sessions which has made the upside capped for the indices.
Economic Times