Stocks to buy today: DLF, NBCC among top 7 trading ideas for 9 October - about 1 year ago
The S&P BSE closed at 65,995.63, up by 364.06 points or 0.55%. The broader Nifty50 closed at 19,653.50, gaining 107.75 points or 0.55%. Meanwhile, banking gauge Nifty Bank settled at 44,360.60, higher by 147.25 points or 0.55%.
Economic Times

Hot Stocks: Brokerages view on Titan, Nykaa and 2 other stocks - about 1 year ago
After Q2 updates, Morgan Stanley took an Equal Weight stance on Titan while Nomura maintained a neutral view on the Lifestyle-focused consumer technologies platforms FSN which operates Nykaa.
Economic Times

Sensex plunges 500 points as oil prices surge on conflict in Middle East - about 1 year ago
From the Sensex pack, Tata Steel, SBI, NTPC, JSW Steel and IndusInd Bank opened in the red, while only HCL Tech, TCS, and Infosys opened with gains.
Economic Times

Sensex loses 450 points, Nifty near 19,500; IRFC tanks 5% - about 1 year ago
Sensex falls 450 points, Nifty near 19,500; IRFC, Suzlon tank 5% each; HCL Tech, TCS, Infy are some of the gainers in the morning trade.
Economic Times

Hospitality stocks lead squad in Dalal Street as cricket lovers tune into ICC World Cup - about 1 year ago
Hospitality stocks have seen nothing less than a marathon run this year, and particularly in the last six months, with many of them scoring at least a half century.
Economic Times

Chart Check: Infosys takes support above the 50-DMA & 50% retracement of upmove from July: time to buy? - about 1 year ago
Short-term traders can look to buy the stock for a target above 1500 levels in the next 3-4 weeks, suggest experts.
Economic Times

technical picks: bajaj finserv among 4 stocks that can rise up to 8% in short term - about 1 year ago
The Indian equity market showcased a mixed performance last week after the Reserve Bank of India kept key interest rates unchanged. A host of analysts have shared their tech views on particular stocks that can rally up to 8% in the near term. These stocks include Bajaj Finserv and DLF among others.Here is a list of 4 tech picks from various analysts:
Economic Times

Stocks in focus: RIL, PB Fintech and more - about 1 year ago
GIFT Nifty on the NSE IX traded lower by 90.5 points, or 0.46 per cent, at 19679.50, signaling that Dalal Street was headed for negative start on Monday. 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 October 09, 2023 - about 1 year 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 NBCC and L&T Finance Holdings, while Vaishali Parekh has a buy/sell recommendation on Bajaj Finance and Infosys for today's trading session. Check out the targets and stoploss.
Economic Times

Positive Breakout: Page Industries and 7 other stocks cross above their 200 DMA - about 1 year ago
In the NSE list of stocks with a market cap of over Rs 1000 crore, eight stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on October 6, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
Economic Times

Golden Crossovers: Hindustan Motors among 3 stocks signaling further bullishness - about 1 year ago
In the NSE list of stocks, three stocks with a market cap of over Rs 250 crore are witnessing Golden Crossovers, according to stockedge.com's technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks' 50-day simple moving averages (SMA) crossed their 200-day SMAs on October 6.
Economic Times

Israel-Palestine War: Brace for sharp swing in equities on heightened geopolitical risks - about 1 year ago
Stocks in Israel and the Middle East dropped on Sunday in response to the heightened tensions in the region. Israel equities plunged 5.8% at the time of going to print. Saudi Arabia was down 1.7%, while Kuwait and Qatar markets were trading weak.
Economic Times

US stocks skid, oil surges on Middle East conflict - about 1 year ago
Holidays in Japan and South Korea made for thin conditions but the initial bid was for bonds and the safe harbours of Japanese yen and gold, with the euro the main loser.
Economic Times

Big movers on D-Street: What should investors do with Ujjivan SFB, Kalyan Jewellers and PB Fintech? - about 1 year ago
Here's what Pravesh Gour, Senior Technical Analyst at Swastika Investmart, recommends investors should do with these stocks when the market resumes trading today.
Economic Times

At multi-year highs: DLF among 6 stocks that saw 5-year swing high breakout - about 1 year ago
In the NSE list of stocks with a market cap of over Rs 10,000 crore, we have collated a list of six stocks that witnessed a 5-year swing high at the close on October 6, suggesting bullishness in counters, according to stockedge.com's technical scan data. Take a look.A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond. This occurrence may be seen as a bullish sign, indicating the potential for further upward movement in the stock.However, it's worth noting that this is different from a 5-year breakout, which occurs when a stock's price surpasses a key resistance level that has held for five years.
Economic Times

Hong Kong halts trading, closes schools post-typhoon - about 1 year ago
More than 150 millimetres were recorded over most parts of the territory since midnight Monday, and rainfall exceeded 300 millimetres over some parts of urban Hong Kong island, data showed.
Economic Times

Stocks in news: Titan, RIL, Puravankara, Bank of Baroda, Biocon - about 1 year ago
Titan Co has clocked 20% year-on-year growth in its revenues for the second quarter ended September 2023. A total of 81 stores were added in this period, taking the group’s retail presence to 2,859 stores.
Economic Times

Stock Radar I Time to buy? Mphasis stock has been trending higher from last six months: Shivangi Sarda - about 1 year ago
“Mphasis stock has been trending higher from the last six months and has shown relative strength in the entire sector. Traders can buy for a target of Rs 2360 in the next 2-3 weeks and a stop can be placed below Rs 2525,” Shivangi Sarda, Analyst, Derivatives and Technical Research, Motilal Oswal Financial Services Ltd, said.
Economic Times

GIFT Nifty down 90 points; here's the trading setup for today's session - about 1 year ago
"Overall, we expect the market to remain range-bound with a bout of volatility given the uncertainty still looms globally, despite the ease in US 10-year bond yield and fall in crude oil prices,” said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.
Economic Times

Local funds' equity portfolio value surges, so does heft - about 1 year ago
The equity portfolio value of domestic funds rose to ₹27.90 lakh crore in September 2023, data from NSDL show, driven by increased investment by local funds that offset the impact of redemption by foreign funds (FPIs).
Economic Times

FPIs sell-off continues; take out Rs 8,000 crore from equities in October - about 1 year ago
India continues to be on top of emerging economies in attracting FPI this year, but September witnessed selling and October has begun with the same trend
Economic Times

Govt clears appointments of 12 executive directors for various state-owned banks - about 1 year ago
The Indian government has approved the appointment of 12 general managers as executive directors of various public sector banks. The appointments were made by the Appointments Committee of the Cabinet. The newly appointed executive directors will be joining banks such as Union Bank of India, UCO Bank, Canara Bank, Punjab National Bank, Punjab & Sind Bank, Bank of India, Indian Bank, Bank of Baroda, Central Bank of India, and Indian Overseas Bank.
Economic Times

NBFCs may post up to 30% profit rise on strong loan growth - about 1 year ago
Non-banking finance companies (NBFCs) in India are expected to report a 20-30% growth in net profit for the second quarter, driven by strong loan disbursements. However, margins may be under pressure due to a rise in the cost of funds. Analysts expect consumer-facing sectors like microfinance, consumer durable and vehicle loans to lead growth, while affordable housing and gold-loan companies may lag behind.
Economic Times

Kotak Fund to invest Rs 1,600 crore in Nimmagadda Prasad's API business - about 1 year ago
Kotak Strategic Situations Fund (KSSF) plans to invest around ₹1,600 crore in the active pharmaceutical ingredients (API) business acquired by Nimmagadda Prasad. The fund will support the acquisition through a $200 million funding, provided through a mix of structured debt and equity. Deutsche Bank and DBS have also reportedly financed the acquisition.
Economic Times

Higher-for- longer rate stance may end early 2024 - about 1 year ago
That's the outlook foreseen by Bloomberg Economics, whose aggregate gauge of world interest rates is seen beginning a swift descent in the first quarter. In advanced economies, that shift will take only slightly longer to transpire before they too synchronize downwards.
Economic Times

20K again for Nifty on close over 19,800: Analysts - about 1 year ago
We believe recent healthy retracement has helped the index to cool off the overbought conditions. Thus, the focus should be on accumulating quality stocks amid ongoing global volatility.
Economic Times

Centrum Capital explores sale of its stake in housing finance biz - about 1 year ago
Centrum Capital is reportedly considering selling its stake in Centrum Housing Finance, its mortgage financing business. Centrum holds a 74% stake, while Morgan Stanley PE Asia holds around 25%. The potential sale is driven by RBI directives following Centrum's acquisition of PMC Bank, which require Centrum to divest its majority stake in the housing finance business
Economic Times

Markets may open lower on heightened geopolitical risks - about 1 year ago
Stocks in Israel and the Middle East dropped on Sunday in response to the heightened tensions in the region. Israel equities plunged 5.8% at the time of going to print. Saudi Arabia was down 1.7%, while Kuwait and Qatar markets were trading weak.
Economic Times

Stock Radar: Mphasis bounces back after testing 50-DEMA; could reclaim 2,500 levels in next 2-3 weeks - about 1 year ago
Mphasis stock witnessed a breakdown after retesting 2,200-2,250 levels in February 2023. It found support above 1,600 levels in March 2023 and then in April 2023 – making a double bottom pattern on the daily charts.
Economic Times

Risk vs return in ESG investments - is there really a trade-off? - about 1 year ago
But does investing in ESG portfolios affect the financial returns and risks of investors? Is there a trade-off between pursuing sustainability and profitability? In this article, we will review some of the recent research and evidence on this topic and explore the implications for investors.
Economic Times

Market Trading Guide: Paytm, DLF among 7 stock recommendations for Monday - about 1 year ago
Indian shares advanced on Friday, led by gains in sectors like auto, financials and realty, with the BSE Sensex rising 364 points or 0.55%, while its NSE counterpart Nifty50 closed above the 19,650 level."The short-term trend of Nifty has turned positive. The overall positive chart pattern indicates next overhead resistance for the Nifty around 19,800 levels for the coming week. Any dip down to 19,550-19,500 levels could be a buying opportunity," said Nagaraj Shetti, Technical Research Analyst at HDFC Securities.Here are 7 stock recommendations for Monday:
Economic Times

For times when bears attempt a comeback! 7 largecap stocks from with right mix of RoE & RoCE - about 1 year ago
Monday’s trading session will start with the global market reacting to the development which took place in the middle east over the weekend. Both equity and commodities, especially oil prices will react. Given that valuations are not very cheap and we are close to the second quarter earning season getting started, it would be better that one should wait for some time before taking any decision, both to buy or sell. Also over the next couple of days if one is buying it would be better to stick to large cap stocks that too with more checks and balances put in place.
Economic Times

Breakout Stocks: How Ujjivan SFB, Godrej Industries and AstraZeneca Pharma are looking on charts for Monday’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.We spoke to an analyst on how one should look at these stocks the next trading day entirely from an educational point of view
Economic Times

FPIs sell-off continues; take out Rs 8,000 car from equities in October - about 1 year ago
India continues to be on top of emerging economies in attracting FPI this year, but September witnessed selling and October has begun with the same trend
Economic Times

For long-term wealth creation; 5 stocks with a right PEG ratio - about 1 year ago
Given the huge difference in what is value and what looks cheap due to one financial ratio, more often than not, relying on PE may lead to wrong investment decisions. PEG ratio is much better compared to the commonly used P/E ratio. It helps in avoiding stocks which might appear cheap but actually are not value buys. Especially in sectors like banking and metal where the operating matrix is very different from the manufacturing sector.
Economic Times

On the Right Track: 3 railway stocks aiming for up to 32% gains - about 1 year ago
The railway sector is poised for a meaningful pickup in capital expenditure (capex), said Antique Stock Broking. According to the brokerage, the sector is likely to see unprecedented growth in investment with the government’s focused initiatives to boost capital spending.There is a strong push towards localization across various sectors, and railways, too, stand to benefit from it. Railway equipment and EPC companies are expected to grow revenue and earnings at 15% and 19% over FY23–26E, respectively. Railways remain a high-growth sector. However, many stocks continue to trade at reasonable valuations.Here are the brokerage's top railway stock picks. Take a look: ( Source: Antique Stock Broking)
Economic Times

Beyond ICC Cricket World Cup 2023: How India fared vs Australia, Pakistan & others in stock markets - about 1 year ago
India’s frontline index Nifty50 has given 8% returns in 2023 as against negative 1.20% returns by Australia’s top index S&P/ASX 200. On the immediate form, Nifty enjoys an upper hand with 0.66% returns over the past week versus (-) 1.34% given by the latter
Economic Times

Your Piece of the pie: Fractional ownership in stock markets - about 1 year ago
Countries like the United States have already embraced fractional ownership through various platforms, allowing individuals to invest in substantial companies such as Apple without requiring significant capital. If India adopts this practice, it could empower investors to make informed choices and diversify their portfolios effectively
Economic Times

Q2 results this week: TCS, Infosys, HCL Tech, Avenue Supermarts, Delta Corp and others - about 1 year ago
Other than TCS, National Standard (India), Signatureglobal (India), Delta Corp, Samhi Hotels, Zaggle Prepaid Ocean Services, Plastiblends India, Justride Enterprises, and Sanathnagar Enterprises will also announce their Q2 results on October 11.
Economic Times

Capex revival : 5 stocks from capital good and engineering sector; with upside potential of up to 35 % - about 1 year ago
Capital goods and engineering is a very broad term. From a company making small machinery parts to one making a large turbine for power generation all tend to get clubbed together. But they are all different, both in their ability to perform complex tasks and the industry they are catering. While a power turbine maker had tough times given the fact hardly any new power plant came up in the last ten years. Some others like the ones which were dealing with railways, had a good time given the expansion and modernisation of railways has been on fast track.
Economic Times

Tata Steel among 7 stocks that earned upgrades in last 1 month. Check revised target price - about 1 year ago
A host of brokerages have upgraded the target prices of a number of stocks in the last one month. Trendlyne data shows that 7 stocks, including Tata Steel, GAIL, Hindalco and NMDC faced up to three analysts' target price upgrades in the last 1 month. Here's a list of these stocks:
Economic Times

Mcap of five of top-10 most valued firms jumps Rs 86,234.73 cr; TCS biggest gainer - about 1 year ago
However, the valuation of Reliance Industries declined Rs 19,336.49 crore to Rs 15,68,216.88 crore and that of ICICI Bank diminished by Rs 4,671.54 crore to Rs 6,62,057.43 crore.
Economic Times

Corporate actions this week: Gujarat Themis Biosyn to go ex-split, RMC Switchgear ex-bonus and more - about 1 year ago
A stock split is usually done to increase the liquidity of the stock in the market. On the ex-split date, investors who are holding the stock until the record date will receive the new shares in demat accounts and the stock price will be adjusted according to the split ratio.
Economic Times

Yield movement, Q2 results, fund flows among 8 factors to keep Dalal Street investors on tenterhooks - about 1 year ago
The expectations of higher for longer interest rates pushed yields higher, and this prompted foreign investors to pull out money from risky assets such as equities and park it in the bond market
Economic Times

It will likely be appropriate to raise rates again: Fed's Bowman - about 1 year ago
"I expect it will likely be appropriate for the (Fed) to raise rates further and hold them at a restrictive level for some time to return inflation to our 2 percent goal in a timely way," Bowman said in prepared remarks to the Connecticut Bankers Association
Economic Times

RBI MPC: Repo rate unchanged, effect on stock market & more; What to expect now - about 1 year ago
RBI has announced that the repo rate has been kept unchanged along with other major decisions as well. But how is it going to affect everything? How did the market react to this? Know everything about it in this video.
Economic Times

World Cup 2023: An opportunity for these stocks and sectors to score big. Do you own any? - about 1 year ago
As cricket fever sweeps the nation, all eyes are on India – hosting the grand event for the first time on its own and after 12 years. This 46-day extravaganza isn't just about the sport; it represents significant economic opportunities. Market experts believe that this is a big opportunity for India and can have a positive impact on several sectors and stocks.
Economic Times

FII dollars set to chase domestic sectors as India readies to be world’s new growth engine - about 1 year ago
Strong support from government capex has ensured sustained momentum in investment activity. Further, private sector capex is also gaining ground, as indicated by the expansion in production and imports of capital goods.
Economic Times

Rs 30,000 crore dent! FPIs dumped these 8 sectors in September, will sell-off continue? - about 1 year ago
The power sector, which had seen the highest inflows in August, saw the highest outflows in September. FPIs sold net shares worth Rs 9,731 crore last month, following a net investment of more than Rs 11,500 crore in August
Economic Times

Decoding the Week: What's next for Nifty and key sectoral shifts - about 1 year ago
The highlight of the week was the surging US 10-YR yields that put pressure on global equities and India was resilient, but no different. The markets went on to test key support levels on the weekly charts and experienced a technical rebound from there.
Economic Times