Stock Radar: TCS down around 10% from highs! records bullish harmonic pattern; time to buy?Tata Consultancy Services Share Price - 3 days ago
TCS experienced a 10% drop but formed a bullish pattern, hinting at a potential trend reversal. Experts suggest buying opportunities, citing the stock's bounce back from the 50-week moving average and a historical trend of 15% declines followed by upward movements. Technical analysis points towards a bullish outlook with a potential target of Rs 4,550.
Economic Times

Brainbees Solutions shares zoom nearly 8% as co narrows Q2 loss YoY, grows in revenueBrainbees Solutions Share Price - 3 days ago
FirstCry operator Brainbees Solutions saw its shares surge after reporting a narrowed consolidated net loss of Rs 50 crore in Q2FY25, down from Rs 101 crore the previous year. This improvement was driven by a 26% YoY increase in revenue, reaching Rs 1,905 crore, and a significant jump in adjusted EBITDA.
Economic Times

Muthoot Finance shares zoom 7% after Q2 profit jump 21% YoY; Morgan Stanley lifts target price to Rs 1,600Muthoot Finance Share Price - 3 days ago
Muthoot Finance reported a 21% increase in consolidated net profit for Q2, reaching Rs 1,321 crore. This growth was driven by a 37% rise in total revenue, reaching Rs 4,929 crore. Consequently, Morgan Stanley upgraded the company to 'Equal-weight' from 'Underweight', raising the target price to Rs 1,600 from Rs 1,430.
Economic Times

Reliance Power shares slide 5% after SECI issues showcause notices over fake bank guaranteesReliance Power Share Price - 3 days ago
Solar Energy Corporation of India (SECI) issued a show-cause notice to Reliance Power and its subsidiary, Reliance NU BESS, for allegedly submitting fake bank guarantees. SECI discovered that the bank guarantee submitted by Reliance NU BESS was fake and has barred the companies from participating in its tenders for three years.
Economic Times

Hindustan Zinc shares jump 2% after co emerges preferred bidder for Rajasthan projectVedanta Share Price - 3 days ago
Hindustan Zinc's shares rose 2% after securing the Dugocha Gold & Associated Mineralization Block in Rajasthan, India. The company emerged as the preferred bidder with the highest offer of 8.15%. This acquisition strengthens Hindustan Zinc's precious metals portfolio and supports its commitment to national economic growth.
Economic Times

Sensex dips 500 pts, Nifty below 23,400 as slow earnings and FPI outflows weigh on investor moodHero MotoCorp Share Price - 3 days ago
Indian benchmark equity indices traded lower on Monday, weighed down by concerns over slowing earnings growth and foreign outflows. Additionally, comments from the Federal Reserve Chair signaling a slower pace of interest rate cuts further dampened market sentiment.
Economic Times

Rs 50 lakh crore gone in bull market disaster! Time for FIIs to come back? - 3 days ago
After a significant sell-off wiping nearly Rs 50 lakh crore from the Indian stock market, foreign institutional investors (FIIs) are showing early signs of a turnaround. Analysts believe that reduced selling and potential policy clarity from the Trump administration could lead to renewed FII inflows, potentially boosting the market.
Economic Times

Honasa Consumer shares crash 20% to a 52-week low after reporting YoY loss in Q2Honasa Consumer Share Price - 3 days ago
Honasa Consumer, the parent company of Mamaearth, faced a setback with a net loss of Rs 19 crore in the second quarter. This loss comes after a strategic shift in their distribution model. Despite the setback, the company experienced growth in certain product categories and offline market share.
Economic Times

Hot Stocks: Brokerages see 20-30% upside in Hero MotoCorp, CG Consumer and GrasimHero MotoCorp Share Price - 3 days ago
Global brokerage firms have shared optimistic outlooks on key stocks. Nomura remains bullish on Hero MotoCorp, citing rural growth, while Citi maintains a positive view on Grasim Industries despite a weak Q2. CLSA continues to favor Crompton Greaves Consumer Electricals for its sustained growth and margin improvement, with all three stocks showing significant upside potential.
Economic Times

Reliance Industries shares in focus after completion of Rs 70,352 crore JV with DisneyReliance Industries Share Price - 3 days ago
Reliance Industries' shares will be in focus following the completion of the Viacom18-JioCinema-Disney merger, valued at Rs 70,352 crore. The joint venture, controlled by RIL, aims to consolidate media assets and create India's largest integrated media platform. With a strong portfolio of content and sports rights, it aims to reshape entertainment options for Indian consumers.
Economic Times

Bullish Momentum: 4 stocks with White Marubozu Pattern on Nov 14 - 3 days ago
On November 14, four stocks from the Nifty200 pack came to the bullish scanner of "White Marubozu", according to stockedge.com's technical scan data. A White Marubozu is a bullish candlestick pattern in technical analysis. It occurs when the opening price is the lowest for a given period, and the closing price is the highest. Represented by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, it indicates strong buying pressure throughout the session. Traders interpret it as a signal that buyers were in control from the opening to the closing, often using such patterns for informed decisions about future price movements in financial markets.
Economic Times

Muthoot Finance shares in focus after Q2 profit jump 21% YoY; Morgan Stanley lifts target price to Rs 1,600Muthoot Finance Share Price - 3 days ago
Muthoot Finance shares will be in focus on Monday following a 21% rise in consolidated net profit to Rs 1,321 crore for Q2, up from Rs 1,095 crore last year. Total revenue surged 37% to Rs 4,929 crore, while net interest income (NII) increased 35.5% to Rs 2,518 crore. The board also approved an additional Rs 500 crore equity infusion into subsidiary Muthoot Money.
Economic Times

Reliance Power shares in focus after SECI issues showcause notices over fake bank guaranteesReliance Power Share Price - 3 days ago
Solar Energy Corporation of India (SECI) issued a show-cause notice to Reliance Power and its subsidiary, Reliance NU BESS, for allegedly submitting fake bank guarantees. SECI discovered that the bank guarantee submitted by Reliance NU BESS was fake and has barred the companies from participating in its tenders for three years.
Economic Times

Goldman Sachs downgrades Hong Kong stocks to underweight - 3 days ago
Goldman Sachs analysts downgraded their recommendation on the Hong Kong stock market, stating that while valuations are currently low, the market is unlikely to see significant growth due to economic pressures and a shift in China's policy focus towards its domestic economy.
Economic Times

Brainbees Solutions shares in focus as Firstcry operator narrows Q2 loss YoY, grows in revenueBrainbees Solutions Share Price - 3 days ago
Firstcry operator Brainbees Solutions narrowed its consolidated net loss to Rs 50 crore in Q2FY25 from Rs 101 crore in the year-ago period, driven by higher revenues. The company's revenue rose 26% YoY to Rs 1,905 crore, while its adjusted EBITDA jumped 66% to Rs 80 crore. The company's international business also saw a 25% YoY revenue growth.
Economic Times

Last day to buy MRF shares for dividend eligibility as stock trades ex-dividend tomorrowMRF Share Price - 3 days ago
MRF announced an interim dividend of Rs 3 per share for its shareholders. The record date for the dividend was November 19, and the payment will be completed by November 29. The company's stock closed flat at Rs 1,20,662.55 on the BSE on Thursday.
Economic Times

7 stocks showing RSI Trending Up on November 14 - 3 days ago
On November 14, seven stocks from the large-cap pack appeared in the RSI Trending Up scan, according to the stockedge.com data. It is an uptrend signal if the RSI value has crossed above 50 from below. "RSI trending up" means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock. This can indicate potential upward movement and may be used by traders to identify buying opportunities.
Economic Times

​Negative Breakout: 4 stocks cross below their 200 DMAs - 3 days ago
In the Nifty 500 pack, four stocks' close prices crossed below their 200 DMA (Daily Moving Averages) on November 14, according to stockedge.com's technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock's price is below its long-term trend line. The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock. Take a look:
Economic Times

Last date to buy P&G Hygiene shares to qualify for Rs 95 dividend - 3 days ago
Procter & Gamble Hygiene & Healthcare announced a final dividend of Rs 95 per share for FY24. Today is the last day to buy shares to be eligible for the dividend as the stock goes ex-dividend tomorrow. The record date is November 18, and the Annual General Meeting is scheduled for November 25.
Economic Times

Hero MotoCorp shares in focus after Q2 PAT, revenue see double-digit growthHero MotoCorp Share Price - 3 days ago
Hero MotoCorp saw a 14% increase in standalone net profit to Rs 1204 crore in Q2, driven by strong revenue growth and improved margins. The company reported its highest-ever quarterly revenue from parts and accessories.
Economic Times

Grasim shares in focus after Q2 PAT declines 66% YoYGrasim Industries Share Price - 3 days ago
Grasim Industries witnessed a 66% decline in Q2 consolidated net profit, reaching Rs 389 crore, despite an 11% surge in revenue, reaching Rs 33,563 crore. This downturn is attributed to reduced profit margins in the cement sector and initial investments in the 'Birla Opus' paint business.
Economic Times

Honasa Consumer shares in focus as Mamaearth operator reports YoY loss in Q2 on revenue declineHonasa Consumer Share Price - 3 days ago
Honasa Consumer, the parent company of Mamaearth, reported a consolidated net loss of Rs 19 crore in Q2FY25, attributing it to a one-time inventory correction. Despite a 7% YoY decline in revenue, the company highlighted a 5.7% growth adjusted for inventory and emphasized its strategic shift in distribution model as a key driver for future growth.
Economic Times

Cochin Shipyard, ONGC, Info Edge among others to trade ex-dividend tomorrow. Do you own?Safari Industries (India) Share Price - 3 days ago
Several companies, including Cochin Shipyard, ONGC, and Info Edge, are approaching their dividend ex-date on November 19th. This means investors have until the end of today to purchase shares and be eligible for upcoming dividend payouts.
Economic Times

F&O Ban List: GNFC, Hindustan Copper among 5 stocks under trade ban on MondayHindustan Copper Share Price - 3 days ago
Five stocks, Aarti Industries, Aditya Birla Fashion and Retail, Gujarat Narmada Valley Fertilizers & Chemicals, Granules India, and Hindustan Copper, were put on F&O trade ban on Monday as their open interest crossed 95% of the market-wide position limits. The ban will be lifted if the open interest falls below 80%. This restriction does not apply to index traders.
Economic Times

GIFT Nifty down 110 points; here's the trading setup for today's session - 3 days ago
Overall, the short-term trend is down, but as long as Nifty holds above 23,500, a pullback rally could be possible, said Hrishikesh Yedve of Asit C. Mehta Investment Interrmediates.
Economic Times

Stocks in news: Hero MotoCorp, Grasim, Delhivery, RIL, Ola ElectricReliance Industries Share Price - 3 days ago
India's leading two-wheeler maker Hero MotoCorp reported 14% growth in its standalone net profit at Rs 1204 crore in the second quarter
Economic Times

Asian stocks weaken as Fed policy doubts simmer - 3 days ago
Japanese and Australian shares fell. South Korea’s benchmark bucked the trend, led by Samsung Electronics Co.’s rally after it announced a stock buyback plan. US futures gained, after the S&P 500 slid 1.3% on Friday to erase more than half of its gains following the US election.
Economic Times

Adani Green Energy plans $2-b fundraise via International bonds, loans - 3 days ago
Adani Green Energy is seeking to raise approximately $2 billion through bonds and loans in the coming months. The company plans to issue a $600 million bond in the near future and is also exploring a private placement for one of its subsidiaries.
Economic Times

Stock market set to plateau after euphoria of last four years: Zerodha’s Nithin Kamath - 3 days ago
Additionally commenting on the flood of initial public offerings over the last one year or so, Kamath said that this trend of new generation companies entering the market is a very positive sign and will help fuel participation of more new generation retail traders into the ecosystem.
Economic Times

Piramal-Bain ARC venture calls it quitsPiramal Enterprises Share Price - 3 days ago
Piramal Enterprises Ltd and Bain Capital Credit have relinquished their license for India Resurgence Asset Reconstruction Company to the Reserve Bank of India. Regulatory obstacles and a shrinking pool of distressed assets have made the ARC business less appealing, leading to increased exits from the market.
Economic Times

Nifty at key support, trend remains weak: AnalystsInfosys Share Price - 3 days ago
​Nifty may signal a trend reversal above 24,140, but stronger price confirmation is needed for aggressive bullish positions.
Economic Times

FSIB to interview CEO candidates for four PSU banksIndian Overseas Bank Share Price - 3 days ago
In a rare instance, the Reserve Bank of India (RBI) made certain adverse observations against Pandey, and it wanted the Department of Financial Services (DFS) to "factor" them in while considering his appointment as CEO, ET reported July 13. The RBI's observations had to do with Pandey's "conduct" and were not related to any vigilance case.
Economic Times

Stock price bottoms look elusive even with decline in risk appetite - 3 days ago
Benchmark indices - Sensex and Nifty - are almost 10% down from their peaks made on September 27, led by a sell-off by foreign investors sparked by a rebound in Chinese equities and disappointing earnings in the September quarter. The Midcap 150 index declined 10.9%, SmallCap 250 index dropped 9.1% and the Microcap 250 fell 8.3% in this period.
Economic Times

During Trump 2.0, India second only to US for investors: Viswas Raghavan, Executive Vice-Chair, Citigroup - 3 days ago
India is poised to become the second-largest recipient of global investments after the US during President Trump's second term. Investors are drawn to India's potential as a market, its alignment with Trump's policies, and its strong economic growth prospects, particularly in sectors like energy, infrastructure, and consumer goods.
Economic Times

Stock Radar: Coforge making higher lows for past 6 months; hits fresh record high in November; time to buy?Motilal Oswal Financial Services Share Price - 3 days ago
Coforge Ltd's stock has been soaring, hitting higher highs and lows since May. Experts suggest the rally might continue, with a potential target of Rs 8,450 in the coming weeks. The stock's strength is evident in its consistent upward trend and ability to bounce back from dips.
Economic Times

FPIs reduce pace of selling in Indian equities in two weeks of November - 4 days ago
Foreign Portfolio Investors (FPIs) continued selling off Indian equities in the second week of November, although at a slower pace than the previous week and month. Despite this trend, FPIs increased their investments in the Indian primary market. Meanwhile, domestic funds continued pouring money into the equity market.
Economic Times

UAE-listed stocks top $1 trillion in value for the first time - 4 days ago
The combined value of stocks listed in the United Arab Emirates has surpassed $1 trillion for the first time. This milestone is largely attributed to a surge in companies linked to Sheikh Tahnoon bin Zayed Al Nahyan, a prominent Abu Dhabi royal, and a wave of new listings in the country.
Economic Times

Should you buy the Swiggy stock because it’s cheaper than Zomato on a relative valuation basis? Learn how to make that decisionBajaj Housing Finance Share Price - 4 days ago
Valuation is a combination of numbers and narratives. But there is only one way to value – and multiple ways to evaluate. Join ETMarket’s four-day Value and Valuation workshop for a dive into value investing principles and its application in the real world.
Economic Times

Ahead of Market: 10 things that will decide D-Street action on MondayZomato Share Price - 4 days ago
The Nifty index has formed a Doji candle near its 200-day exponential moving average (DEMA) support at 23,540, indicating uncertainty. Immediate support is at 23,500-23,540, with a break below 23,500 potentially targeting 23,300-23,200. While the short-term trend is down, a pullback rally remains possible if Nifty holds above 23,500, according to Hrishikesh Yedve of Asit C. Mehta Investment Intermediates.
Economic Times

Market Trading Guide: Bajaj Holdings among top 3 stock recommendations for Monday - 4 days ago
Indian benchmark indices ended with declines on Thursday, marking their fifth consecutive fall. Today's decline was led by FMCG and pharma stocks, which wiped out earlier morning gains. While the S&P BSE Sensex fell by 110 points, or 0.14%, to close at 77,580, the broader Nifty dropped by 26 points, or 0.11%, to end at 23,532, amid concerns over foreign outflows.Commenting on the day's action, Rupak De, Senior Technical Analyst at LKP Securities, said that the Nifty closed near its 200-day EMA, forming a gravestone doji-like pattern on the daily chart, signaling bearish sentiment. "This suggests a 'sell on rise' approach, as the index hovers in an oversold zone near a key EMA level. A bounce is likely, but it should be seen as an opportunity to sell. If Nifty breaks below the 200-day EMA, selling pressure could intensify. The index has support at 23,450, with resistance expected at 23,650, framing the short-term trading range," De said.Here are 3 stock recommendations for Monday:
Economic Times

Ramco Cements, Oberoi Realty among 5 stocks with long buildup - 4 days ago
A long buildup occurs when open interest and trading volumes increase alongside a rise in the underlying stock price in the Futures and Options segment, signaling a bullish market trend. In Thursday's trading session, five stocks saw fresh long positions. Here’s the list:
Economic Times

​Adani Ports, IndusInd Bank among 5 stocks with short buildup - 4 days ago
A short buildup occurs when there is a rise in open interest and trading volumes, coupled with a decrease in the price of the underlying stock in the Futures and Options segment. This indicates that more traders expect prices to decline and are creating short positions. In Thursday's trading session, five stocks saw fresh short positions being built. Here's the list:
Economic Times

Tata Chemicals, RBL Bank among 10 midcap stocks that mutual funds bought and sold in October - 4 days ago
In October 2024, mutual funds made significant adjustments to their portfolios, adding and reducing holdings in several mid-cap stocks. Notable acquisitions included 360 One Wam, Tata Chemicals, and Angel One, while key reductions were seen in RBL Bank and CDSL. Here is a list of mid-cap stocks that mutual funds bought and sold in October, according to a report by Nuvama Institutional Equities:
Economic Times

8 of top 10 most-valued firms lose nearly Rs 2 lakh crore in m-capTata Consultancy Services Share Price - 4 days ago
"Mounting concerns over rising CPI inflation and persistent disappointments in corporate earnings weighed heavily on sentiment," Ajit Mishra - SVP, Research, Religare Broking Ltd, said.
Economic Times

Maharashtra election, FII flows and 5 more factors to likely impact stock markets this weekGeojit Financial Services Share Price - 4 days ago
The Indian equity market experienced a loss exceeding 2.5% last week due to declining earnings and foreign outflows. Market movements this week will likely be influenced by the Maharashtra election, foreign investor activity, rising bond yields, and global market trends. Several new IPOs and listings are also on the horizon.
Economic Times

These 7 penny stocks slipped 10-25% in a week - 4 days ago
In the week ending November 14, the benchmark Sensex index recorded a weekly decline of around 2.4%. During this downturn, seven penny stocks experienced sharp drops ranging from 10% to 25%. Our selection criteria focused on stocks with a market capitalization below Rs 1,000 crore, a share price under Rs 20, and a minimum trading volume of 5 lakh shares. (Data Source: ACE Equity)
Economic Times

Breakout Stocks: How to trade JSW Holdings and HCL Technologies on Monday - 4 days ago
The Indian market remained volatile throughout Thursday's trading session. The BSE Sensex fell by more than 100 points, while the Nifty50 closed above the 23,500 level.
Economic Times

Part A conventional, Part B unconventional: Dividend yield & capital gains. 5 stocks with dividend yield of 5-8% & upside potential of up to 35% - 4 days ago
There are many MF schemes – maybe not those headed by star fund managers – whose stated objective at the time of the new fund offering (NFO) is clear: To invest in stocks with a certain dividend yield. In a bull market, these MFs may find it difficult to buy such stocks. But as soon as the bears arrive, they not only find the opportunity to do so, but also become bottom makers. Now, bottom makers are buyers who ensure that a stock does not fall below a certain level – in this case, these MFs buy some stocks when they fall to a certain level. Because, at that level, dividend yield becomes reason enough to buy them. Two months back it was tough to find a stock with a dividend yield matching the interest rate of a savings bank account. Today there are some matching rates offered by fixed deposits. But they come with more than the usual caveats.
Economic Times