Free to raise commissions, insurers push annuity plans - about 1 year ago
The insurance regulator has granted insurers the flexibility to determine commissions across their product range, allowing them to offer higher commissions to distributors for annuities compared to ULIPs and increase the sale of such products.
Economic Times

Flood-hit Sikkim Urja looks to claim ₹11,400 cr cover - about 1 year ago
The total sum assured in the policy is ₹11,400 crore. However, there is a cap of ₹500 crore on payouts for certain natural calamities. Therefore, the extent of the claim settlement could be lower. While the estimated loss resulting from the recent incident is yet to be determined, the company is seeking claims for the entire loss under the insurance policy, said a person with knowledge of the matter.
Economic Times

Largecaps likely to offer best returns going ahead: Experts - about 1 year ago
Analysts said whenever the market rebounds from the current weakness, large-cap stocks are more likely to outperform their smaller peers. This is because the valuations of mid-cap and small-cap stocks are considered stretched.
Economic Times

Small-cap funds broaden their stock holdings to spread risk - about 1 year ago
Nippon India Small Cap Fund, the largest scheme in the small- cap space with assets of ₹36,540 crore in August 2023, has 196 stocks in its portfolio, compared to 148 a year ago.
Economic Times

Israel-related stocks fall globally as war escalates - about 1 year ago
Saturday's assault has sparked fresh concern about geopolitical risks at a time when global financial markets already were grappling with the impact of higher interest rates and the slowdown in China's economy. Oil prices surged while US stock-indexes dropped.
Economic Times

Stock Radar: Sun TV stock surges 40% in 3 months. What's driving the rally? - about 1 year ago
Sun TV stock picked up momentum after climbing above the 50-DMA on the daily charts in early July. It did witness some resistance around Rs 630 levels in August, but took support above the 50-DMA on the daily charts. The bounce back from the 50-DMA in the last week of September pushed the stock to a fresh 52-week high in October
Economic Times

Wall Street declines on Middle East conflict - about 1 year ago
At 11:33 a.m. ET, the Dow Jones Industrial Average was down 13.18 points, or 0.04%, at 33,394.40, the S&P 500 was down 6.67 points, or 0.15%, at 4,301.83, and the Nasdaq Composite was down 75.77 points, or 0.56%, at 13,355.57. The CBOE volatility index, Wall Street's "fear gauge", also rose to 18.54, reflecting investor anxiety
Economic Times

Coal India among 5 Nifty firms that may see over 30% YoY fall in September quarter profit - about 1 year ago
The Q2 earnings season is set to start this week, with TCS slated to post its numbers on October 11. Here's a look at the companies from the Nifty50 pack that may see over 30% decline in Q2 profit. (Source: Motilal Oswal)
Economic Times

Market Trading Guide: Bank of India among 5 stock recommendations for Tuesday - about 1 year ago
Indian equity markets fell on Monday, dragged by a surge in oil prices due to the military conflict in the Middle East, with the BSE Sensex falling 483 points or 0.73%. Its NSE counterpart Nifty50 closed below the 19,550 level."The formation of a bullish Hammer candle pattern of last week as per weekly time frame chart is still intact. The index is expected to slide near to the low of the said Hammer pattern around 19350-19450 levels in the short term, before showing another round of upside bounce from the lows. Immediate resistance is placed at 19620 levels," said Nagaraj Shetti, Technical Research Analyst at HDFC Securities.Here are the 5 stock recommendations for Tuesday:
Economic Times

Arm gets Wall Street's 'buy' on royalty plan, cloud expansion - about 1 year ago
The British company's growth has been shackled in the past year by a slump in the smartphone market, in which it has a 99% share across Google's Android and Apple's iOS devices.
Economic Times

S&P 500, Nasdaq fall on Middle East conflict - about 1 year ago
The CBOE volatility index, Wall Street's "fear gauge", also rose to 18.59, reflecting investor anxiety. Major technology stocks Apple, Microsoft Alphabet, Nvidia and Amazon.com fell between 0.5% and 2.3%
Economic Times

Most Gulf markets fall as Israel-Palestinian conflict rages - about 1 year ago
Israel said its troops backed by helicopters had also killed a number of armed infiltrators entering the country from Lebanon, further raising concerns fighting could spread two days after Hamas gunmen burst in from Gaza on a deadly rampage.
Economic Times

Israel-exposed stocks fall on fears of escalation in Middle East conflict - about 1 year ago
Energy and defense stocks on both sides of the Atlantic rose, while airline shares dropped on fears of higher fuel costs and as several carriers suspended flights to or from Tel Aviv.
Economic Times

US stocks open lower on Middle East conflict - about 1 year ago
The Dow Jones Industrial Average fell 147.74 points, or 0.44%, at the open to 33,259.84
Economic Times

TCS, HCL Tech & more: Q2 earnings this week! - about 1 year ago
Earning season is back again. Companies such as TCS, HDFC Life and more will be releasing their Q2 results soon. Q2 numbers are quite important for investors as well as companies. Here are the key earnings that you need to know.
Economic Times

5 consumer discretionary stocks touched their 52-week high. Do you own any? - about 1 year ago
During Monday's trading session, Sensex saw a decrease of roughly 483 points, concluding the day at 65,512. Despite this market decline, five stocks included in the BSE Consumer Discretionary Index reached their highest prices in the past 52 weeks. The 52-week high is of considerable significance to certain traders and investors, serving as a crucial technical indicator for assessing a stock's present worth and forecasting potential price fluctuations. This figure signifies the highest price at which a stock was traded during the preceding year.
Economic Times

Coal India among 5 Nifty firms that may see over 30% YoY fall in profit growth - about 1 year ago
The Q2 earnings season is set to start this week, with TCS slated to post its numbers on October 11. Here's a look at the companies from the Nifty50 pack that may see over 30% decline in Q2 profit growth. (Source: Motilal Oswal)
Economic Times

5-6 month IPO lock-in will open for these 4 companies. Check dates here - about 1 year ago
Between October 10, 2023, and January 31, 2024, a total of 44 companies are slated to have their pre-listing shareholder lock-ins lifted. From that list, we have identified four companies for which a 5-6 month IPO lock-in will open soon: (Source: Nuvama Alternative & Quantitative Research)
Economic Times

Tech View: Nifty may remain in sell-on-rise mode till 19,700. What traders should do on Tuesday - about 1 year ago
The formation of a bullish hammer candle pattern of last week as per the weekly timeframe chart is still intact. The index is expected to slide near the low of the said hammer pattern around 19,350-19,450 levels in the short term before showing another round of upside bounce from the lows. Immediate resistance is placed at 19,620 levels, said Nagaraj Shetti of HDFC Securities.
Economic Times

Breakout Stocks: How Oil India, MCX and ITI are looking on charts for Tuesday’s trade - about 1 year ago
We have collated a list of three stocks that either hit a fresh 52-week high, or all-time high or saw a volume or a price breakout
Economic Times

Tata Investment, 3 other stocks trading with bearish RSI - about 1 year ago
Discover the art of decoding stock movements as we unveil 10 stocks trading in the overbought zone with declining Relative Strength Index (RSI) trends. ETMarkets explores the significance of RSI and its role in making informed investment decisions.
Economic Times

Rupee little moved but escalation of geopolitical tensions could weigh - about 1 year ago
The rupee trade was also muted on Monday as foreign flows were diminished due to local holidays in Japan, Korea, and the United States. While U.S. stock markets are open on Monday, the bond market will remain shut.
Economic Times

eClerx Services, BSE among 10 overbought stocks with RSI above 70 - about 1 year ago
Join us on a journey into the world of stock market dynamics as we uncover 10 stocks that are currently in the overbought zone. ETMarkets explores the significance of the Relative Strength Index (RSI) and its role in shaping investment strategies.
Economic Times

6 IPOs that beat the odds, delivered 25-80% returns after slow start - about 1 year ago
In 2023, approximately 34 primary IPOs were listed on the stock exchanges, accumulating about Rs 26,940 crore in funds. What's noteworthy is that of these 34 IPOs, 31 are currently trading above their initial offering prices.However, it's intriguing to note that 10 of these IPOs initially debuted at a discount or with only single-digit gains, but they have since experienced double-digit increases from their initial prices. ETMarkets has highlighted 6 stocks that had a relatively weak listing at debut but later showed significant growth, with their prices surging anywhere from 25% to 80% above the issue price.
Economic Times

Natco Pharma, Jindal Saw among 10 stocks with RSI trending down - about 1 year ago
Dive into the world of stock market analysis as we unravel the significance of the Relative Strength Index (RSI) and its implications for 10 stocks showing a downtrend in RSI. ETMarkets explores why monitoring RSI is crucial for making informed investment choices.
Economic Times

Divi's Laboratories, HCL Technologies among 10 Nifty stocks with golden crossover pattern - about 1 year ago
Discover the power of the Golden Crossover as ETMarkets examines 10 stocks that have recently experienced this bullish pattern. Uncover why the Golden Crossover is a vital tool for assessing stock movements and making informed investment decisions.
Economic Times

6 IPOs that beat the odds delivered 25-80% returns after slow start - about 1 year ago
In 2023, approximately 34 primary IPOs were listed on the stock exchanges, accumulating about Rs 26,940 crore in funds. What's noteworthy is that of these 34 IPOs, 31 are currently trading above their initial offering prices.However, it's intriguing to note that 10 of these IPOs initially debuted at a discount or with only single-digit gains, but they have since experienced double-digit increases from their initial prices. ETMarkets has highlighted 6 stocks that had a relatively weak listing at debut but later showed significant growth, with their prices surging anywhere from 25% to 80% above the issue price.
Economic Times

Fundamental Radar: Business scale-up, surplus cash to drive 26% PAT CAGR for Global Health - about 1 year ago
Global Health, which runs a network of hospitals under the Medanta brand, has scaled up developing hospitals significantly to achieve breakeven in the first year of its operations as against industry timeline of 2-3 years. The company’s earnings momentum is expected to sustain amid strong business prospects and surplus cash, says Sneha Poddar of Motilal Oswal Securities.
Economic Times

Israel-Palestine War: What's driving gold prices? - about 1 year ago
The latest crisis in the Middle East following a dramatic clash between Israel and Hamas forces has left the stock markets across the world reeling. But amid this backdrop, one asset class that's shining is gold. Watch What's driving gold prices amid these Middle-East tensions in this video.
Economic Times

Adani Ports stock tanks 4% amid unrest in Israel; co says FY24 Haifa cargo volumes seen in 10-12 MMT range - about 1 year ago
India's Adani Ports and Special Economic Zone Ltd on Monday issued a clarification amid a drop in stock prices, stating the overall contribution of Haifa in APSEZ’s numbers is merely three per cent of the total cargo volume.
Economic Times

Bosch, Trident among 10 stocks with RSI trending up - about 1 year ago
Discover the power of Relative Strength Index (RSI) in identifying promising stocks. ETMarkets unveils 10 stocks with trending up RSI, providing insights into why RSI is a crucial tool for stock analysis.
Economic Times

6 IPOs that beat the odds, deliver 25-80% returns after slow start - about 1 year ago
In 2023, approximately 34 primary IPOs were listed on the stock exchanges, accumulating about Rs 26,940 crore in funds. What's noteworthy is that of these 34 IPOs, 31 are currently trading above their initial offering prices.However, it's intriguing to note that 10 of these IPOs initially debuted at a discount or with only single-digit gains, but they have since experienced double-digit increases from their initial prices. ETMarkets has highlighted 6 stocks that had a relatively weak listing at debut but later showed significant growth, with their prices surging anywhere from 25% to 80% above the issue price.
Economic Times

Sensex plunges 483 points as Middle East conflict spooks investors; RIL, HDFC Bank drag - about 1 year ago
Nifty PSU Bank closed over 3% lower, dragged by the Central Bank of India, Indian Overseas Bank, and Bank of Maharashtra. High-weightage banks and oil & gas lost 1% each, while metals, consumer durables and media stocks shed 1.5-2%
Economic Times

Sensex tanks 483 pts on losses in financials, RIL; Nifty near 19,500 - about 1 year ago
Closing Bell: Sensex tanks 483 pts on losses in financials, RIL; Nifty near 19,500; Adani Power plunges 7%, Oil India surges 5%
Economic Times

Hero MotoCorp shares fall over 3% on FIR against Chairman Pawan Munjal for alleged fraud - about 1 year ago
The correction brings the stock below its 50-day Simple Moving Average (SMA) of Rs 3,005.80 according to Trendlyne data though it is still trading above its 200-DMA
Economic Times

Turbulence is now behind them: 5 insurance stocks from different segments with upside potential of up to 34% - about 1 year ago
After the changes in tax law, all insurance stocks were hit badly. While all three belong to the insurance sector, there is a world of difference between macro and micro factors which impact the bottomline of the life insurance, non life insurance and a health insurance player. Painting them with the same brush is not good for a portfolio. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.
Economic Times

Rail, shipping stocks plunge up to 6% as Israel-Hamas war weighs on economic corridor - about 1 year ago
Major railway stocks like the Indian Railway Finance Corporation (IRFC), Rail Vikas Nigam Limited (RVNL), Ircon International, RITES, and RailTel Corporation of India fell up to 6%. Meanwhile, shipping stocks like Shipping Corporation of India (SCI), Garden Reach Shipbuilders, Mazagon Dock Shipbuilders, and Cochin Shipyard declined by up to 5% in the intraday trade.
Economic Times

Oil India shares jump 8%, OMC stocks plunge on Israel-Hamas conflict - about 1 year ago
The fully integrated exploration & production company in the upstream sector accounts for 9% of the country’s total crude oil and natural gas production.
Economic Times

Israel-Hamas war: 14 Indian stocks with an Israeli connection - about 1 year ago
A large part of the impact on India depends on whether Iran, a major Hamas supporter, is drawn into the war. "That can disrupt oil supplies causing a spike in crude, which can trigger a risk-off in the market," said Dr. V K Vijayakumar of Geojit Financial Services.
Economic Times

Prestige Estates climb over 4%, hit all-time high as Q2 sales up 102% - about 1 year ago
Collections for the H1 FY24 reached Rs 5,380.6 crore, reflecting a 13% YoY growth. This sales performance can be attributed to sales volume of 10.7 million square feet, indicating a 30% YoY increase.
Economic Times

European stocks slip on Middle East conflict - about 1 year ago
Global investors turned risk averse as military clashes between Israel and the Palestinian Islamist group Hamas deepened political uncertainty across the Middle East and raised concerns about oil supplies.
Economic Times

Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 29% - about 1 year ago
Even before global equity markets were rocked by developments in Israel, they have been in volatile mode with bearish bias. With bond yield inching upward in the US, fears that tight monetary policy continuing for more than expected time have once again come hitting the emerging markets. While the initial reaction of the street has been on expected lines, what needs to be watched is whether there is any kind of escalation. Also more importantly, it is time to take a step back, think and then make a decision both when buying and selling any stock. These selected stocks depict a strong upward trajectory in their overall average score. This implies that there has been a significant improvement in their market outlook in the given time frame.
Economic Times

Turbulence is now behind them: 5 Insurance stocks from different segments with an upside potential upto 34% - about 1 year ago
After the changes in tax law, all insurance stocks were hit badly. While all three belong to the insurance sector, there is a world of difference between macro and micro factors which impact the bottomline of the life insurance, non life insurance and a health insurance player. Painting them with the same brush is not good for a portfolio. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.
Economic Times

7 penny stocks with impressive trading volumes soar over 100% in 2023 - about 1 year ago
Many investors opt for penny stocks with the hope of achieving quick and massive returns on their investments. Nevertheless, it's crucial to acknowledge the inherent risk associated with penny stock investments, given that many of these stocks have low trading volumes.ETMarkets has identified 29 penny stocks that turned into multibaggers in the calendar year 2023. Our selection process involved identifying stocks currently priced below Rs 20 per share with a market capitalization of below Rs 500 crore. We further refined our selection by choosing only those stocks that boasted a trading volume exceeding 50 thousand for both their latest traded volume and 1-month average traded volume, resulting in a final selection of seven stocks meeting these criteria.
Economic Times

TCS shares hit 52-week high as IT firm to consider share buyback on October 11 - about 1 year ago
In times when the global environment remains uncertain, and there are limited avenues to reinvest in the business, companies tend to usually use cash to reward shareholders through a share buyback or a dividend payout.
Economic Times

Israel-related stocks under pressure after Hamas' shock attack - about 1 year ago
Saturday’s assault has sparked fresh concern about geopolitical risks among investors just when global financial markets were already grappling with the impact of high-interest rates and the slowdown in China’s economy. Oil surged more than 5% while US equity futures dropped in Asia trading, as the risk of the conflict escalating across the Middle East region remains acute.
Economic Times

Israel-Hamas war: Sensex, Nifty may hide the pain of Indian retail investors - about 1 year ago
While the headline index Nifty fell around 0.5% on Monday morning, the pain was deeper in the broader market with both mid and smallcap indices trading around 1% lower. Out of nearly 3,600 stocks that traded on BSE today, the vast majority of around 2,500 were trading in the red.
Economic Times

Kotak Equities drops Samvardhana Motherson, adds 2 new stocks to portfolio - about 1 year ago
KIE removed Samvardhana Motherson from its recommended portfolio, while adding Cummins India and Colgate Palmolive instead. That said, KIE remains optimistic about Samvardhana Motherson’s fundamentals and long-term prospects even as it sees near-term headwinds from global growth challenges.
Economic Times

Capital with conscience: Applying Gandhi's 7 sins to ethical investing - about 1 year ago
Gandhi's 7 Social Sins, originally addressing individual conduct, find resonance in capital markets too. From greed to speculation, these vices manifest in financial realms, revealing the need for ethical investment practices and responsible financial behavior to foster a just and sustainable economic system.
Economic Times

MCX shares jump 5%, hit 52-week high on SEBI nod to launch commodity derivatives platform - about 1 year ago
The approval comes after the SEBI had on September 29 asked the company to put on hold the proposed go-live of its new commodity derivatives platform planned for the first week of October.
Economic Times