Market Trading Guide: SBI Life, Canara Bank among 6 stock recommendations for Friday - about 1 year ago
Indian benchmark indices, amid mixed global cues, extended their winning run and hit new record highs in intraday trade. The Sensex, after notching a new all-time peak of 67,771.05, ended with minor gains of 0.08% at 67,519. Similarly, the Nifty, after scaling record levels of 20,167.65, settled 0.16% higher at 20,103. Meanwhile, the broader markets continued to post record performance and outperformed the headline indices."Nifty remained range-bound throughout the day as the index failed to deliver any decisive breakout from the recent range. The 'buy on dips' strategy is expected to be the preferred approach until the Nifty falls below 19,900 decisively. On the upside, call writers at 20,100 are likely to defend the index against further upward movement. A sustained trade above 20,100 could potentially trigger a significant rally in the short term," said Rupak De, Senior Technical Analyst at LKP Securities.Here are the stock recommendations for Friday:
Economic Times

10 best-performing equity MFs surged 700-1300% in 10 years - about 1 year ago
Over the course of the last decade, the top 10 equity mutual funds have experienced an impressive surge in value, increasing between 700% and 1300%.
Economic Times

Nifty@20K: What's next? Devina Mehra of First Global decodes - about 1 year ago
Finally, Nifty crossed the 20,000 mark ahead of the festive season. So what's next for the Indian Markets? Devina Mehra of First Global decodes. Watch!
Economic Times

SAT stays Sebi's order on Yes Bank's former MD Rana Kapoor - about 1 year ago
The interim relief came after capital markets regulator Sebi in July issued a demand notice to Kapoor, warning arrest and attachment of his assets over non-payment of the fine of Rs 2 crore, along with the interest.
Economic Times

European Central Bank raises interest rates to 4% - about 1 year ago
The European Central Bank raised interest rates for the 10th meeting in a row on Thursday to counter stubborn inflation but signalled that it is likely done tightening policy.
Economic Times

US stocks open higher as Fed pause bets remain unchanged after economic data - about 1 year ago
The Dow Jones Industrial Average rose 111.97 points, or 0.32%, at the open to 34,687.50
Economic Times

Yatra Online IPO: Will this travel major be a high flyer? Price band, key details and review - about 1 year ago
Yatra's initial public offer will open for subscription on Friday, September 15 and close on Wednesday, September 20. It has fixed a price band of Rs 135 to Rs 142 per equity share for its IPO. The travel service provider aims to raise around Rs 775 crore from the primary market. The IPO comprises a fresh issuance of shares worth Rs 602 crore and an offer for sale of up to 1.21 crore shares. Shares of Yatra’s closest rival Easy Trip Planners (also known as EaseMyTrip), which listed in March 2021 through a Rs 510 crore IPO, have fallen 21% over the past year.
Economic Times

10 PSU stocks touched their 52-week high; gain up to 70% in a month - about 1 year ago
In Thursday's trading session, the Sensex benchmark index saw a rise of around 52 points, closing at 67,519. Amid this upward trend, 10 stocks listed in the BSE PSU index reached their highest prices in the last 52 weeks. The 52-week high acts as a vital technical indicator for evaluating a stock's current value and forecasting potential price changes. This number represents the highest price at which a stock traded over the past year.
Economic Times

Festive Bonanza! Up for 10th day, Sensex logs longest winning streak in 2 years - about 1 year ago
Thanks to the strong buying by domestic institutions and retail investors, India became one of the best-performing markets globally this month. Domestic institutional investors have poured in about Rs 85,900 crore ($1 billion) so far in September.
Economic Times

Breakout Stocks: How Triveni Engineering, Aster DM and Balrampur Chini are looking on charts for Friday’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

European Central Bank raises rates to all-time high of 4%, signals end of tightening - about 1 year ago
The central bank for the 20 countries that use the euro lifted its deposit rate to 4% from 3.75%, taking it to an all-time-high. Markets and economists expect the policy tightening move to be the ECB's last and now anticipate a lengthy pause, followed by rate cuts in the second half of next year
Economic Times

6 upcoming bonus issues & stock splits to track in September - about 1 year ago
Investors are always on the hunt for corporate actions from companies as these events will have an impact on stock prices. Here are six such upcoming corporate action events to track this month. (Source: Trendlyne)
Economic Times

Tata Nexon facelift edition launched at a starting price of ₹8.09 lakh - about 1 year ago
The facelifted version of the Tata Nexon has been introduced with a base price of ₹8.09 lakh.
Economic Times

After nearly 100% return in 6 months, MFs fancy Zomato as top pick in August. Should you buy? - about 1 year ago
Zomato reported a surprise net profit of Rs 2 crore for the June quarter, compared to a loss of Rs 186 crore a year ago, and a loss of Rs 189 crore a quarter ago. This was on the back of a sharp 71% growth in revenue to Rs 2,416 crore.
Economic Times

Tech View: Nifty charts hint at short-term top formation. What traders should do on Friday - about 1 year ago
Any decline from here could drag the Nifty towards the immediate support of around 19950 levels. A decisive up move above 20200 levels is expected to pull Nifty towards another hurdle of 20450 levels, said Nagaraj Shetti of HDFC Securities.
Economic Times

Two Tata stocks among 6 large cap stocks which hit all-time highs on Thursday - about 1 year ago
The Indian stock market witnessed a remarkable feat on September 14 as several large cap stocks surged to achieve new all-time highs.
Economic Times

Bajaj Finserv, JK Cement, 5 other large & mid cap stocks breach their 50-Day SMA - about 1 year ago
The Indian stock market witnessed a surge on September 13 as several large and midcap stocks displayed remarkable strength by surpassing their 50-day Simple Moving Averages (SMA).
Economic Times

Unstoppable! Sensex, Nifty end higher as bulls extend winning run to 10th straight day - about 1 year ago
The 30-share BSE benchmark Sensex rose 52 points or 0.08% to settle at 67,519. The broader NSE Nifty surged 33 points or 0.16% to end at 20,103. From the Sensex pack, M&M, Tata Steel, Tech Mahindra, and Nestle were the top gainers, rising 1-2.5%. On the flip side, Asian Paints, ITC, Sun Pharma, Bajaj Finserv, Bharti Airtel, and Titan closed with losses
Economic Times

​Sun Pharma and 10 other stocks in trending phase based on ADX indicator​ - about 1 year ago
ADX or Average Directional Index helps quantify signal strength. ETMarkets has listed stocks with m-cap of Rs 1,000 crore and more that are said to be in the trending phase as the ADX crosses 25. Note: The data is from the previous trading day (September 13) (Source: StockEdge).
Economic Times

China central bank says weighted average RRR stands at around 7.4% after RRR cut - about 1 year ago
China will keep yuan exchange basically stable and keep liquidity reasonably amble, the central bank said, adding prudent monetary policy will be precise and forceful.
Economic Times

LIC sells over 2% stake in Sun Pharma for Rs 4,699 crore - about 1 year ago
The shares were sold at an average price of Rs 973.80 per share during the period through an open market sale in an ordinary course of transaction, it said. Sun Pharma is engaged in the business of manufacturing, developing and marketing a wide range of branded and generic formulations and Active Pharma Ingredients (APls).
Economic Times

SAMHI Hotels IPO opens for subscription, GMP up 28%; should you subscribe to the issue? Kumar Gaurav Rupee rises 8 paise to 82.93 against US dollar PTI Stocks to watch: Bombay Dyeing, NBCC, IRCTC, Wipro, BEML, NTPC FE Business Global Markets: Asian stocks climb as traders shrug off inflation surprise Reuters Share Market Highlights: Benchmark indices hits all time high; Nifty settles above 20100, Sensex above 67500; Metals, Auto, oil & gas, select tech and power gains FE Business Nifty to defend 20000 or fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opens Kumar Gaurav Oil prices tick up as markets zoom in on supply tightness Reuters JSW Infrastructure to launch IPO, get listed this month Rajesh Kurup Will likely launch IPO in next 3 years, says CredAble CEO Ajay Ramanathan Reliance Home, executives slapped with Rs 21.5-lakh fine FE Bureau Tax waiver for ETF capital gains on GIFT exchange FE Bureau Sai Silks IPO to open for public subscription on September 20 PTI Bank of India raises Rs 2,000 crore PTI Closing Bell: Nifty closes above 20,050, Sensex ends up 245 points; PSU banks, consumer durables and metals shine FE Business Jefferies raises concerns about India valuations, puts Buy on Axis Bank, Hold on Havells Sumana Sarkar UltraTech Cement, Bharti Airtel, KEC International among 48 stocks that hit 52-week highs; 11 touch 52-week lows Kumar Gaurav Gold Prices slip to two-week lows; support seen at Rs 58480-58240, resistance at Rs 58920-59170 Kumar Gaurav Sugar output in Maharashtra set to fall to lowest in 4 yrs after dry August Reuters2514Next - about 1 year ago
Financial Express

3 Saurabh Mukherjea-owned PMS funds among top 5 losers in last 1 year - about 1 year ago
An analysis by PMS Bazaar shows that among the top five worst PMS fund performers, three are from Saurabh Mukherjea's Marcellus Investment. Funds across categories were considered, and the worst performers belonged to the equity space. They have fallen up to 14% in the last year.
Economic Times

Sensex retreats from record highs on profit-taking, ends marginally higher; Nifty above 20,100 - about 1 year ago
From the Sensex pack, M&M, Tata Steel, Tech Mahindra, and Nestle were the top gainers, rising 1-2.5%. On the flip side, Asian Paints, ITC, Sun Pharma, Bajaj Finserv, Bharti Airtel, and Titan closed with losses
Economic Times

Sensex extends winning run to 10th day, ends 52 pts higher; Nifty above 20,100 - about 1 year ago
Closing Bell: Sensex extends winning run to 10th day, ends 52 pts higher; Nifty above 20,100; Dwarikesh Sugar soars 11%, NIIT tanks 7%
Economic Times

Rupee rises 8 paise to 82.93 against US dollar PTI Stocks to watch: Bombay Dyeing, NBCC, IRCTC, Wipro, BEML, NTPC FE Business Global Markets: Asian stocks climb as traders shrug off inflation surprise Reuters Share Market Highlights: Benchmark indices hits all time high; Nifty settles above 20100, Sensex above 67500; Metals, Auto, oil & gas, select tech and power gains FE Business Nifty to defend 20000 or fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opens Kumar Gaurav Oil prices tick up as markets zoom in on supply tightness Reuters JSW Infrastructure to launch IPO, get listed this month Rajesh Kurup Will likely launch IPO in next 3 years, says CredAble CEO Ajay Ramanathan Reliance Home, executives slapped with Rs 21.5-lakh fine FE Bureau Tax waiver for ETF capital gains on GIFT exchange FE Bureau Sai Silks IPO to open for public subscription on September 20 PTI Bank of India raises Rs 2,000 crore PTI Closing Bell: Nifty closes above 20,050, Sensex ends up 245 points; PSU banks, consumer durables and metals shine FE Business Jefferies raises concerns about India valuations, puts Buy on Axis Bank, Hold on Havells Sumana Sarkar UltraTech Cement, Bharti Airtel, KEC International among 48 stocks that hit 52-week highs; 11 touch 52-week lows Kumar Gaurav Gold Prices slip to two-week lows; support seen at Rs 58480-58240, resistance at Rs 58920-59170 Kumar Gaurav Sugar output in Maharashtra set to fall to lowest in 4 yrs after dry August Reuters RR Kabel IPO opens; GMP rises 21% should you subscribe to the issue? Kumar Gaurav2514Next - about 1 year ago
Financial Express

Delhivery, MRF, 7 other mid cap stocks cross 20-Day SMA - about 1 year ago
The achievement of surpassing the 20-day SMA is a notable technical milestone for these midcap stocks, often indicating short-term positive trends.
Economic Times

TCS, Adani Power among 9 stocks with bearish RSI - about 1 year ago
Discover 9 stocks that are currently overbought but show signs of a declining RSI, providing valuable insights for investors looking to navigate potential corrections.
Economic Times

Rupee rises 8 paise to 82.93 against US dollar PTI Stocks to watch: Bombay Dyeing, NBCC, IRCTC, Wipro, BEML, NTPC FE Business Global Markets: Asian stocks climb as traders shrug off inflation surprise Reuters Share Market LIVE: Nifty trades above 20100, Sensex above 67500; UPL adds over 3% FE Business Nifty to defend 20000 or fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opens Kumar Gaurav Oil prices tick up as markets zoom in on supply tightness Reuters JSW Infrastructure to launch IPO, get listed this month Rajesh Kurup Will likely launch IPO in next 3 years, says CredAble CEO Ajay Ramanathan Reliance Home, executives slapped with Rs 21.5-lakh fine FE Bureau Tax waiver for ETF capital gains on GIFT exchange FE Bureau Sai Silks IPO to open for public subscription on September 20 PTI Bank of India raises Rs 2,000 crore PTI Closing Bell: Nifty closes above 20,050, Sensex ends up 245 points; PSU banks, consumer durables and metals shine FE Business Jefferies raises concerns about India valuations, puts Buy on Axis Bank, Hold on Havells Sumana Sarkar UltraTech Cement, Bharti Airtel, KEC International among 48 stocks that hit 52-week highs; 11 touch 52-week lows Kumar Gaurav Gold Prices slip to two-week lows; support seen at Rs 58480-58240, resistance at Rs 58920-59170 Kumar Gaurav Sugar output in Maharashtra set to fall to lowest in 4 yrs after dry August Reuters RR Kabel IPO opens; GMP rises 21% should you subscribe to the issue? Kumar Gaurav2514Next - about 1 year ago
Financial Express

​PNB, Vodafone Idea among 9 stocks signalling overbought state as RSI crosses 70​ - about 1 year ago
RSI, which is a momentum indicator, gives short-term buy and sell signals and helps to determine a stock’s overbought and oversold state. It is the ratio of the recent upward price movement to the absolute price movement. The value of RSI ranges between 0-100. The StockEdge data computes the value of RSI by taking 14 days as the reference period.So, here are major large and midcap stocks whose RSIs have crossed the 70 mark from below, suggesting an overbought state. Typically, this situation hints at a sell signal on the counter. Note the data is from the previous day i.e. September 13. (Source: StockEdge)
Economic Times

Axis Bank Bajaj Auto among 10 Nifty stocks with golden crossover pattern - about 1 year ago
This article delves into 10 Nifty stocks that have recently experienced the Golden Crossover, providing insights for potential investors. Join us in understanding this pattern's importance and its potential impact on your investment decisions.
Economic Times

Zydus Lifesciences, Poly Medicure among 10 stocks with RSI trending up - about 1 year ago
This article explores 10 stocks that have witnessed an uptrend in RSI, providing insights for potential investors. Join us as we delve into the importance of RSI and its potential impact on your investment strategy.
Economic Times

​HDFC Bank among 4 stocks giving bullish signals as MACD crosses 0​ - about 1 year ago
MACD or moving average convergence divergence is a momentum indicator used in technical analysis of stocks to determine the relationship between two exponential moving averages (EMAs) of a security's price. For calculating MACD, the 26-day EMA is subtracted from the 12-day EMA. The indicator is used to play on trends. Further, a 9-day EMA of the MACD called the Signal Line is plotted on the top of the MACD, offering the likely trading strategy in a stock i.e. a ‘buy’ or a ‘sell’.
Economic Times

Bandhan Bank, BPCL and 4 other stocks cross 200-day SMA - about 1 year ago
Crossing the 200-day SMA is a noteworthy technical achievement for major stocks, indicating potential shifts in long-term market sentiment.
Economic Times

Zee-Sony merger: Axis Finance files plea in NCLAT against NCLT approval for deal - about 1 year ago
Zee Entertainment has been served with an appeal by Axis Finance against it in the NCLAT, Delhi challenging the NCLT's nod for its merger with Culver Max Entertainment, formerly known as Sony Pictures Networks India, the company said in a stock exchange intimation on Thursday.
Economic Times

How does a stock split work? | ETMarkets Minibytes - about 1 year ago
What is a stock split? How does it affect the investors? What happens during a stock split? Watch the video to know more.
Economic Times

L&T Tech, LIC Housing Finance, 3 other mid cap stocks hit 52-week high on Thursday - about 1 year ago
The Indian stock market marked an exciting day on September 14, with several midcap stocks surging to achieve new 52-week highs.
Economic Times

Volume Shocker! MFs lap up over 1 crore shares of these 8 stocks in August - about 1 year ago
In today's analysis of mutual funds, ETMarkets has identified stocks that witnessed a substantial surge in the number of shares held by mutual funds during the month of August as compared to July. Approximately 28 stocks experienced an uptick of over 1 crore shares in August. To further narrow down the selection, only stocks that achieved a double-digit price increase since the beginning of August were considered, resulting in a list of eight stocks. Interestingly, this refined list includes some well-recognized names such as Coal India, Suzlon Energy, Zomato, Tata Power Company, and others. Notably, it also features the newly-listed stock SBFC Finance, in which mutual funds acquired approximately 10 crore shares. This stock was issued at a price of Rs 57, and as of September 13th, it closed at Rs 84, implying a 48% increase in its price. (Data Source: ACE MF | ACE Equity)
Economic Times

Rupee rises 8 paise to 82.93 against US dollar PTI Stocks to watch: Bombay Dyeing, NBCC, IRCTC, Wipro, BEML, NTPC FE Business Global Markets: Asian stocks climb as traders shrug off inflation surprise Reuters Share Market LIVE: Nifty trades below 20100, Sensex below 67500; ITC sheds over 1% FE Business Nifty to defend 20000 or fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opens Kumar Gaurav Oil prices tick up as markets zoom in on supply tightness Reuters JSW Infrastructure to launch IPO, get listed this month Rajesh Kurup Will likely launch IPO in next 3 years, says CredAble CEO Ajay Ramanathan Reliance Home, executives slapped with Rs 21.5-lakh fine FE Bureau Tax waiver for ETF capital gains on GIFT exchange FE Bureau Sai Silks IPO to open for public subscription on September 20 PTI Bank of India raises Rs 2,000 crore PTI Closing Bell: Nifty closes above 20,050, Sensex ends up 245 points; PSU banks, consumer durables and metals shine FE Business Jefferies raises concerns about India valuations, puts Buy on Axis Bank, Hold on Havells Sumana Sarkar UltraTech Cement, Bharti Airtel, KEC International among 48 stocks that hit 52-week highs; 11 touch 52-week lows Kumar Gaurav Gold Prices slip to two-week lows; support seen at Rs 58480-58240, resistance at Rs 58920-59170 Kumar Gaurav Sugar output in Maharashtra set to fall to lowest in 4 yrs after dry August Reuters RR Kabel IPO opens; GMP rises 21% should you subscribe to the issue? Kumar Gaurav2514Next - about 1 year ago
Financial Express