Sebi slaps Rs 55 lakh penalty on 11 entities for non-genuine trades - about 1 year ago
The Securities and Exchange Board of India (Sebi) conducted an investigation into trading activities of certain entities engaged in the segment from April 2014 to September 2015
Economic Times

Japan’s SoftBank Group to sell 2.5% stake in PB Fintech via block deal: Report - about 1 year ago
The Japanese conglomerate is likely to offer the stake at a price range of Rs 752-767 per share, which implies up to 2% discount to Thursday’s closing price of Rs 767 of the stock
Economic Times

Market Trading Guide: Indigo, Birlasoft among 5 stock recommendations for Friday - about 1 year ago
Indian shares advanced on Thursday, led by gains in banking, financial, and IT stocks. The BSE benchmark Sensex climbed 0.6% to settle at 65,631, while NSE Nifty ended above the 19,500 level."Technically, as long as Nifty is holding the 19,450 level the positive sentiment is likely to continue. On the higher side, the 50-day SMA or 19610 and 19675 would be immediate hurdles. On the flip side, below the 19450 level, the uptrend would be vulnerable," said Shrikant Chouhan, Head of Research (Retail) at Kotak Securities.Here are the 5 stock recommendations for Friday:
Economic Times

5 defence stocks that can deliver up to 39% gains in near term - about 1 year ago
Antique Stock Broking is bullish on industrial, defence, and railway stocks as the sectors have seen a significant jump in order books across companies. “As valuations have risen, we argue that these sectors offer multi-year investment potentials,” it said.Here is the brokerage's list of top defence stocks to buy. Take a look: ( Source: Antique Stock Broking)
Economic Times

SoftBank likely to sell shares worth up to $105 million in PB Fintech via block deal - about 1 year ago
SoftBank Group is likely to sell shares worth up to $105 million in India's PB Fintech via a block deal
Economic Times

Citi India sees $22 billion in equity capital deals in 2023, says CEO - about 1 year ago
Foreign portfolio investors have bought a net $11 billion in equity so far this year, according to India's National Securities Depository, helping to lift India's benchmark equity indexes to record highs.
Economic Times

Oyo talking to Apollo for $660 million refinance as IPO delayed - about 1 year ago
​Oravel Stays Pvt, as Oyo’s parent company is known, is seeking to extend maturity to five years compared with the existing 2026 deadline, one of the people said, asking not to be named as the negotiations are private. A decision could be reached as early as next month, another person said
Economic Times

US stocks open lower after jobs data - about 1 year ago
The Dow Jones Industrial Average fell 30.32 points, or 0.09%, at the open to 33,099.23
Economic Times

4 FMCG stocks hit 52-week high, delivering up to 24% gains in a month - about 1 year ago
During Thursday's trading session, the benchmark index Sensex witnessed an increase of about 405 points, closing the day at 65,631. Within this upward trend, four stocks listed on the BSE FMCG index reached their highest prices in the last 52 weeks. The 52-week high holds notable importance for certain traders and investors since it serves as a crucial technical indicator for assessing a stock's present worth and forecasting possible price variations. This figure signifies the highest price at which a stock has been traded in the past year
Economic Times

Coffee Day Enterprises' total default at Rs 433.91 cr in Jul-Sep quarter - about 1 year ago
According to CDEL, its total outstanding amount is Rs 189.14 crore from loans or revolving facilities like cash credit from banks or financial institutions
Economic Times

Breakout Stocks: How Kaynes Technology, Syrma SGS and Coromandel International are looking on charts for Friday’s trade - about 1 year ago
Sectorally, buying was seen in capital goods, IT, consumer durables, auto, and bank stocks while power, utilities, healthcare, and telecom stocks witnessed selling pressure
Economic Times

Tech View: Nifty forms Bullish Island Reversal pattern. What traders should do on Friday - about 1 year ago
The broader negative chart pattern like lower tops and bottoms is intact as per the daily timeframe chart and further upside from here could open chances of new lower top formation. The display of further strength in the current upside bounce could possibly pull the Nifty towards 19,726 levels
Economic Times

Indian IT firms set for "washout" year, focus now on 2025 - J.P.Morgan - about 1 year ago
All major IT firms, including Infosys, TCS, Wipro and HCLTech, have previously warned that clients, the majority of which are U.S.-based, have been lowering their IT spending, delaying and even cancelling contracts, as economic growth slows and on fears of higher-for-longer interest rates.
Economic Times

Suzlon Energy, Safari Industries among 10 overbought stocks with RSI above 70 - about 1 year ago
On October 4, Wednesday, StockEdge detected 11 stocks trading in the overbought zone. In this article, ETMarkets delves into the significance of overbought conditions and explores 11 stocks that investors should keep an eye on.
Economic Times

Tata Elxsi, Mankind Pharma, 5 other stocks surpass 50-Day SMA - about 1 year ago
The stock market marked a significant day on October 4 as several major stocks displayed their strength by crossing their 50-day Simple Moving Averages (SMA)
Economic Times

Up 463% in 1 year! Multibagger microcap stock announces 1:2 bonus issue - about 1 year ago
The company has fixed October 13 as the record date for the purpose of ascertaining the eligibility of shareholders entitled for issue of bonus shares. The proposed bonus issue is was already approved at the annual general meeting of the company.
Economic Times

Sensex surges 406 points on dip in crude prices, US yields; RBI MPC outcome eyed - about 1 year ago
The market capitalisation of all listed companies on BSE increased by Rs 1.21 lakh crore to Rs 317.87 lakh crore. ​​From the Sensex pack, L&T, M&M, Titan, TCS, and Maruti closed in the green, while Power Grid, Nestle, NTPC, HCL Tech and Bajaj Finance ended with cuts
Economic Times

Bajaj Finance to raise Rs 10,000 crore via QIP, convertible warrants - about 1 year ago
The company plans to raise up to Rs 8,800 crore through the QIP issue, and Rs 1,200 crore via convertible warrants.
Economic Times

5 advantages of investing in index funds - about 1 year ago
World's most famous ace investor Warren Buffett swears by Index funds. The majority of the experts in the markets and mutual fund world suggest investing in index funds is the easiest way to be in the markets. To know more watch the video.
Economic Times

Sensex snaps 2-day losing run, surges 406 pts; Nifty near 19,550 - about 1 year ago
Closing Bell: Sensex snaps 2-day losing run, surges 406 pts; Nifty near 19,550; Shipping Corp jumps 7%, Sobha 6%
Economic Times

European stocks recover slightly as bond selloff eases - about 1 year ago
Global equities took a hit this week as U.S. and European bond yields surged on bets that interest rates will remain higher for longer, with U.S. economy staying resilient and policymakers claiming rates will not fall anytime soon.
Economic Times

Apollo Hospitals, Asian Paints among 10 Nifty stocks with Golden Crossover pattern - about 1 year ago
On October 5, Thursday, Trendlyne reported a Golden Crossover pattern in over 40 Nifty stocks. ETMarkets has selected 10 of these stocks for a closer look.
Economic Times

Adani Enterprises, 2 other stocks cross 200-Day SMA - about 1 year ago
The stock market marked a significant day on October 4 as several major stocks demonstrated their resilience by crossing their 200-day Simple Moving Averages (SMA).
Economic Times

SBI, Wipro among 11 large cap stocks that surpassed 100-day SMA - about 1 year ago
Investing in large-cap stocks that have recently crossed their 100-day SMA can offer potential opportunities for investors seeking stability and growth in established companies.
Economic Times

L&T among 4 Nifty 200 stocks hitting 52-week high on Thursday - about 1 year ago
In an eventful day for the stock market, several Nifty 200 stocks reached new 52-week highs on October 5, reflecting a surge in market optimism and investor confidence.
Economic Times

EIH, Allcargo Logistics among 10 stocks with RSI trending up - about 1 year ago
On October 4, Wednesday, StockEdge highlighted 10 stocks with rising Relative Strength Index (RSI) figures. In this article, ETMarkets analyzes the significance of RSI and provides insights into these stocks for potential investors.
Economic Times

Safari Industries, 5 more small cap stocks touch all-time high on Thursday - about 1 year ago
In an extraordinary day for the stock market, several small-cap stocks achieved remarkable milestones by reaching new all-time highs on October 5.
Economic Times

Indian Overseas Bank saw its market capitalization nearly double during July-Sep quarter - about 1 year ago
HDFC Bank, which merged with its housing finance parent Housing Development Finance Corp. Ltd. on July 1, remained the biggest Indian bank by market capitalization.The market cap of the combined company grew 21.63 per cent in the third quarter.
Economic Times

Ambuja Exports, Solar Industries among 10 stocks with bearish RSI - about 1 year ago
On October 4, Wednesday, StockEdge identified 20 stocks in the overbought zone with declining RSI trends. In this article, ETMarkets explores the significance of RSI and highlights 10 stocks that warrant investor attention.
Economic Times

Sebi likely to tell SC Adani inquiry began in 2014, but hit dead end: Report - about 1 year ago
The Securities and Exchange Board of India (SEBI) will say for the first time that India's customs authority alerted it to an alleged misuse of offshore funds by Adani Group companies in 2014 but that the initial investigation did not yield anything and was paused in 2017, the sources said.
Economic Times

BCL Industries to subdivide shares in 1:10 ratio; fixes October 27 as record date - about 1 year ago
"The Board of Directors of the company has passed the necessary resolution to fix the record date Friday, October 27 for the purpose of sub-division of every 1 equity share...into 10 equity shares...," the statement said.
Economic Times

​5 midcap stocks rallied over 100% in FY24; do you own any? - about 1 year ago
In the current fiscal year FY24, the S&P BSE Midcap index has significantly outperformed the benchmark Sensex. The midcap index has witnessed a remarkable 32% surge, while the Sensex has experienced a modest gain of 10.5%. Throughout this impressive rally, a majority of midcap stocks have delivered double-digit price returns.ETMarkets has identified nine stocks that have surged by over 80% in FY24 so far, and among them, five stocks have more than doubled investors' wealth in just a little over six months. Intriguingly, most of these stocks exhibit more strengths than weaknesses, according to Trendlyne data. (Data Source: ACE Equity)
Economic Times

Shipping Corporation shares surge 9%, breaking four-session losing streak. Here’s why? - about 1 year ago
The government plans to complete the strategic sale of SCI in this fiscal. The central government is looking to sell its 63.75% stake in SCI. It is expected to fetch Rs 3,000 crore. “There is no reason that the SCI strategic sale will not happen this year,” the report claimed, quoting this official.
Economic Times

Sebi likely to tell SC Adani inquiry began 2014, but hit dead end: Report - about 1 year ago
The Securities and Exchange Board of India (SEBI) will say for the first time that India's customs authority alerted it to an alleged misuse of offshore funds by Adani Group companies in 2014 but that the initial investigation did not yield anything and was paused in 2017, the sources said.
Economic Times

Mankind, HUL among 6 top stock ideas from Kotak Securities for up to 24% returns - about 1 year ago
Brokerage Kotak Securities continues to find valuations of the Indian market particularly large part of midcaps & smallcaps stocks and investment sectors in the expensive band. In its view, banks and financials continue to remain exceptions as they trade at relatively reasonable levels. One should follow a stock-specific approach based on the fundamental merits of the stock, the brokerage said. Amid this backdrop, it has shared its top investment ideas. Take a look:
Economic Times

OMC stocks climb up to 4% on decline in crude oil prices - about 1 year ago
At their session lows, both benchmarks were down by more than $5, and heating oil and gasoline futures also fell by more than 5%. Crude oil prices have fallen by about $10 since last week's settlement.
Economic Times

Nifty Auto index stocks: Festival season to play a crucial role, be watchful before taking exposure - about 1 year ago
One more reason why the auto index is important to look at is the fact that while it is not an absolutely correct substitute for the transportation index available in some western countries, an auto index is something which can give an advance indication of how things are happening on ground in the economy.
Economic Times

Marico shares fall 5% post Q2 business update - about 1 year ago
Marico's domestic volumes grew in a low single-digit percentage range over the previous year, dragged by a persisting weakness in rural demand. "During the quarter, demand trends largely mirrored the trends observed in the preceding quarter," the company said in an exchange filing.
Economic Times

In times of volatility: 5 largecap stocks from different sectors with upside potential of up to 31% - about 1 year ago
Last three weeks have seen a sharper correction both in terms of what nifty and sensex have witnessed but also in terms of market breadth coming underpressure. Now because this correction is coming at a time, when some events risks are on the domestic front and also because of developments in the US. It would be better that caution should be added to the decision making in the stock market. 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

Chart Check: 100% rally in a year! This private sector lender breaks out from a bullish Pennant pattern; time to buy? - about 1 year ago
Short term traders can look to buy the stock now as the momentum is likely to continue which could take the stock to fresh 52-week highs of 240-280 levels, suggest experts.
Economic Times

IEX stock rises over 4% as total electricity volume increases 13% YoY in September - about 1 year ago
"The demand momentum witnessed in August continued into September. The country's electricity consumption increased to 140 BU (Billion Units) during September '23, compared to 127 BU in September '22, marking a year-on-year increase of 10%," the company said in an exchange filing.
Economic Times

Goldman Sachs is cautious on ‘expensive’ India stocks before elections - about 1 year ago
Having climbed more than 15% from a March low, India’s NSE Nifty 50 Index is trading at 18.2 times its one-year forward earnings, making it the most expensive national benchmark among major Asian markets, according to data compiled by Bloomberg. The Nifty Midcap 100 Index has risen 37% in the period.
Economic Times

As ICC Cricket World Cup begins, stock pickers glued to new investing mantra - about 1 year ago
Cricket World Cup is by far the largest cricketing event in India with about 330 hours of gameplay which is higher than even the Indian Premier League (IPL). The last edition, held in 2019, saw 750 million unique viewers and 14 billion hours of total viewing time.
Economic Times

Sensex rises 500 points as oil prices, US labour data ease; Nifty above 19,550 - about 1 year ago
Sector-wise, Nifty PSU Realty surged 1.2%, and Nifty PSU Bank rose 0.7%. Financial, auto, IT, FMCG, Consumer Durables, media, and metal sectors also opened higher. In the broader market, Nifty Midcap100 gained 0.8%, and Smallcap100 advanced 1%.
Economic Times

Multibagger screener: 13 stocks trading below 5-year average PE. More steam left? - about 1 year ago
The PE of aerospace and defence player Zen Technologies, which makes military training live-range equipment and anti-drone systems, has fallen from an average of 225 to 76.6. HDFC Securities said that given a large order inflow and revenue visibility for the next few years, some more rerating is possible in the stock.
Economic Times

Hot Stocks: Brokerage view on PNB, L&T Finance, Marico and Indian Hotels - about 1 year ago
Morgan Stanley maintained an underweight rating on L&T Finance with a target price of Rs 110. The retail loan book continued to scale in Q2, and the disbursements remained robust. Retailization of loan book and retail loan book growth continues to be on track.
Economic Times

Chart Check: 100% rally in a year! This private sector lender breakout from a bullish Pennant pattern; time to buy? - about 1 year ago
Short term traders can look to buy the stock now as the momentum is likely to continue which could take the stock to fresh 52-week highs of 240-280 levels, suggest experts.
Economic Times

Nazara Tech shares jump 7% after Singapore arm acquires PublishME for $2 million - about 1 year ago
Today's gains are on the back of a fall witnessed by Nazara shares over the past three trading sessions.
Economic Times

Sensex gains over 300 pts, Nifty above 19,500; NIIT gains 4% - about 1 year ago
Sensex jumps over 300 pts, Nifty above 19,500; NIIT gains 4%, Navin Fluorine drops 3%; Tata Motors, TCS, Ultratech cement are some of the gainers in the morning trade.
Economic Times

GAIL (India): Bearish to sideways - about 1 year ago
GAIL (India)’s daily trend is bearish to sideways. The RSI for daily is showing sideways momentum, however, the RSI for monthly and weekly are showing bullish momentum. Based on option chain analysis, the range is between 116 and 125. Let’s plan a trade around this.
Economic Times