Sebi notifies rules to strengthen investor grievance redressal mechanism - over 1 year ago
Now, merchant bankers, debenture trustees, registrar to an issue, share transfer agent and a know your client registration agency will redress investor grievances within 21 days, according to a notification issued on Thursday.
Economic Times

Sebi notifies rule; gives board representation to REITs' unitholders - over 1 year ago
The regulator said principles of stewardship code would apply to members, nominated by the unitholders, on the board of directors of investment managers of REIT
Economic Times

SoftBank buys Vision Fund's stake in Arm at valuation of $64 billion - over 1 year ago
SoftBank is now expected to sell fewer Arm shares in the initial public offering (IPO) and would likely be retaining a stake of as much as 90% in the company, according to the sources, adding that Arm's capital raising from the IPO would be less than the range of $8 billion to $10 billion it was earlier planning
Economic Times

Ace investor Ashish Kacholia sells part stake in SJS Enterprises for Rs 12 crore - over 1 year ago
The company manufactures a wide range of aesthetics products catering to two-wheelers, passenger vehicles, commercial vehicles, consumer durables/appliances, medical devices, farm equipment and sanitary ware industries
Economic Times

Tech sell-off, rising yields push Cathie Wood's ARK ETF down 20% for month - over 1 year ago
Much of the gains for the year came as inflation concerns ebbed and longer-duration Treasury yields subsided. Yet signs of strength in the U.S. economy have helped push 10-year Treasury yields up nearly 30 basis points this month to 10-month highs and within inches of their highest levels since 2007
Economic Times

These 5 healthcare stocks touch their 52-week high, gain up to 27% in a month - over 1 year ago
During Friday's trading session, the benchmark index Sensex experienced a decline of 202 points and closed at 64,948.Despite the market's vulnerability, 5 stocks listed in the BSE Healthcare index achieved new peak levels in the previous 52 weeks. The 52-week serves as a vital technical gauge for evaluating a stock's current valuation and forecasting potential changes in its price. This numerical value represents the highest price at which a stock was trading over the course of the past year
Economic Times

Here are 10 stocks ICICI Pru MF bought and sold in July - over 1 year ago
According to a report by Nuvama, ICICI Pru MF's prominent additions in July 2023 were Coal India, Infosys and ITC. On the flip side, the mutual fund reduced holdings in Sun Pharma, NTPC and ONGC, among others. Here’s a snapshot (Source: Nuvama)
Economic Times

Jio Financial to be part of Global Standard Index from August 23: MSCI - over 1 year ago
The decision comes in the wake of BSE and the NSE announcing that Jio Fin shares will begin trading on Monday
Economic Times

US stocks open lower on jitters over higher-for-longer rates - over 1 year ago
Evidence of a resilient US economy fanned fears of interest rates staying higher for longer
Economic Times

5 Nifty companies' Q1 PAT plunged over 40%. Time to sell? - over 1 year ago
During the June quarter, five Nifty companies saw their profit tanking by over 40% on a year-on-year (YoY) basis. Despite this, barring one stock, Trendlyne data suggests that brokerages remain bullish on these counters and see up to 32% upside. (Data Source: MOSL | Trendlyne)
Economic Times

Concord Biotech listing: Rakesh Jhunjhunwala-backed company makes stellar debut at bourses - over 1 year ago
Concord Biotech debuted at a healthy premium of 21% on the exchanges on Friday. The stock listed at Rs 900 on NSE and BSE over the IPO price of Rs 741 apiece, a premium of Rs 159 as against the issue price. Meanwhile, the stock further rallied 9.7% to Rs 987 in Friday's intraday trade, taking the total gains to over 33%.
Economic Times

FTSE withdraws decision to remove Jio Financial from global indices - over 1 year ago
On Thursday, the global index aggregator said Jio Financial will be deleted from all indices with effect from August 22, since it did not commence trading after 20 business days of being added to the index at zero value
Economic Times

Jio Financial stock could see $290 million outflow from passive funds: Nuvama - over 1 year ago
Currently, Jio Financial is part of key indices of the BSE and National Stock Exchange, including the Sensex and Nifty 50, at a constant price of Rs 261.8 a share
Economic Times

​4 major large cap stocks hint at bearish trends as MACD crosses below signal line​ - over 1 year ago
Four major largecap stocks gave bearish signals, indicating that it may be time to sell the counters as the MACD drops below the signal line. Take a look: (Source: StockEdge)
Economic Times

Jio Financial Services listing: Here are the key details you need to know - over 1 year ago
Shares of Jio Financial Services (JFSL), which recently demerged from parent Reliance Industries (RIL), will get listed on stock exchanges on August 21. The NBFC's market capitalisation came to Rs 1.66 lakh crore or about $20.3 billion as the stock's pre-listing price came out to be Rs 261.85 per share. Here are the key details you need to know ahead of the listing of the stock at Exchanges.
Economic Times

Jio Financial to begin trading on Monday; how long will it be part of Nifty and Sensex? - over 1 year ago
Stock exchanges conducted a special pre-open session in shares of RIL to derive the price of Jio Financial. The derived price of Jio Financial came to be Rs 261.85 per share and the stock remained a part of the indices at this constant value.
Economic Times

ITC Hotels share could go above the Rs 100-mark. Here's the math - over 1 year ago
The per share price of ITC Hotels, whose demerger from parent company ITC has been approved by the board, could end up being above Rs 100 going by the 1:10 share entitlement ratio and how the hotels business is being valued by investors currently. As part of the demerger plan, ITC will own 40% of ITC Hotels. The remaining 60% will be owned by ITC shareholders in proportion to their ownership in the parent entity.
Economic Times

Rupee below 83 not abnormal; currency fluctuation not exclusive to India: FinMin official - over 1 year ago
Asked if the fluctuation would impact inflation as imports will be costlier, the official said: "That is, of course, an issue but I'm sure the Reserve Bank will keep it under consideration when they take their decisions."
Economic Times

Axis Bank, Britannia Industries among 10 Nifty stocks with golden crossover pattern - over 1 year ago
A Golden Crossover suggests a shift from a bearish to a bullish sentiment, indicating a potential trend reversal. The pattern also provides validation for a stock's positive momentum and can bolster investor confidence
Economic Times

JSW Energy, Aurobindo Pharma among 5 stocks with bearish RSI - over 1 year ago
On August 17, StockEdge illuminated a compelling scenario: 13 stocks resided in the overbought zone, yet their RSI trends displayed a bearish or declining movement. This article delves into the significance of RSI, explores 5 selected overbought stocks with bearish RSI trends by ETMarkets, and equips potential investors with insights to steer their decision-making
Economic Times

Tech View: Nifty on track to form a new lower low. What traders should do next week - over 1 year ago
Negative chart patterns like lower highs and lows are intact and the index is currently on the way down to form a new lower low. “We observe a broader triangle-type pattern on the daily chart and the market is currently placed at the edge of breaking below the lower support of 19,250 levels," said Nagaraj Shetti of HDFC Securities.
Economic Times

Sensex, Nifty log longest weekly losing streak in 15 months; IT, bank stocks drag - over 1 year ago
Both Nifty 50 and Sensex declined for a fourth consecutive week. The Nifty 50 has lost 3.4% since hitting a record high on July 20. From the Sensex pack, TCS and Tech Mahindra were the top laggards, falling about 2% each.
Economic Times

Federal Bank, Sanofi India among 10 stocks with RSI trending up - over 1 year ago
On August 17, StockEdge showcased a vibrant scene where 25 stocks were trending upward, offering potential opportunities. This article delves into the essence of RSI, scrutinizes 10 selected rising RSI stocks by ETMarkets, and empowers investors with insights to navigate this dynamic landscape.
Economic Times

Cochin Shipyard, REC among 10 overbought stocks with RSI above 70 - over 1 year ago
In the intricate world of stock trading, decoding the dynamics of Relative Strength Index (RSI) trends is crucial. On August 17, StockEdge spotlighted a captivating situation where 50 stocks found themselves in the overbought territory while displaying bearish or declining RSI trends.
Economic Times

Rupee ends marginally higher but falls for fourth straight week - over 1 year ago
The dollar index gained on Friday as the greenback seemed on track for a fifth consecutive week of gains led by the demand for safer assets as U.S. treasury yields likely stayed elevated amid lingering concerns about the Chinese economy.
Economic Times

Kansai Nerolac, Affle among 10 stocks with RSI trending down - over 1 year ago
On August 17, StockEdge flagged 23 stocks experiencing a dip in RSI, drawing attention to potential shifts in their trajectories. This article dives into the significance of RSI, analyzes 10 selected stocks with downward RSI trends, and offers insights for investors seeking to make informed decisions.
Economic Times

​Zee Entertainment among 6 stocks entering strong trend zone, shows ADX​ - over 1 year ago
Considered the ultimate trend indicator, ADX or Average Directional Index helps quantify signal strength. The tool can be used in respect of any investment vehicle including stocks, mutual funds, ETFs and derivatives. Here we have collated a list of 6 major stocks that are said to be entering a strong trend zone based on ADX. Further, note that for these stocks ADX has gone above 40 from below. (Source: StockEdge).
Economic Times

Indices log longest weekly losing streak in 15 months; Sensex falls 202 pts dragged by IT, bank stocks - over 1 year ago
Both Nifty 50 and Sensex declined for a fourth consecutive week. The Nifty 50 has lost 3.4% since hitting a record high on July 20. From the Sensex pack, TCS and Tech Mahindra were the top laggards, falling about 2% each.
Economic Times

Sensex falls 202 pts on losses in IT and bank stocks; Nifty above 19,300; Concord Biotech up 27% in debut - over 1 year ago
Indian equity indices ended lower for the second straight day on Friday while posting their longest weekly losing streak since May 2022. The shares were dragged by banking, financial and IT stocks, tracking a slide in global markets as concerns over US interest rates and China's flagging economic recovery dampened risk appetite. The 30-share BSE benchmark Sensex fell 202 points or 0.31% to settle at 64,948 while the broader NSE Nifty shed 55 points or 0.28% to end at 19,310.
Economic Times

Weekly Breakout: Titan, Mahindra Holidays & Resorts among 6 stocks which crossed last week's high - over 1 year ago
A group of prominent companies achieved a remarkable feat by surpassing their last week's high, signaling a significant development in their stock performance.
Economic Times

Momentum Pick: Unbeaten in 8 sessions, this multibagger Tata group stock can rally another 20% - over 1 year ago
The Tata group retail firm which operates brands like Westside and Zudio reported a consolidated net profit of Rs 114.93 crore in the quarter ended June 30. The company had posted a net loss of Rs 138.29 crore in the April-June quarter a year ago.
Economic Times

Unique Picks: These 9 stocks held by only one MF scheme rallied 50-160% in FY24 - over 1 year ago
ETMarkets shortlisted stocks that are exclusively held by a single scheme. Initially, the list encompassed 210 stocks as of July. However, we refined the list by including only those stocks held by mutual fund schemes with a market value of over Rs 10 crore as of July 2023 and experienced a price increase of more than 50% in the current fiscal year (FY24).By following this selection process, we successfully identified 9 stocks that matched the specified criteria. It's worth emphasizing that three of these stocks have achieved a growth of more than 100% in the current fiscal year FY24. (Data Source: ACE MF, ACE Equity)
Economic Times

Technical Breakout: Bajaj Finserv, IRCTC, 3 other counters cross 200-day SMA - over 1 year ago
The crossing of the 200-day Simple Moving Average (SMA) can often signal significant shifts in stock price trajectories.
Economic Times

Adani group among 5 companies targeted by Hindenburg this year. Check other names - over 1 year ago
A Kazakhstan-based financial company is the latest target of Hindenburg Research, which has tussled with tycoons such as Gautam Adani, Carl Icahn, and Jack Dorsey this year. The US-based short-seller publishes reports on companies that it believes are overvalued, fraudulent or misleading investors (Data Source: Reuters, Refinit, Hindenburg Research & TOI)
Economic Times

REC, Emami among 5 midcap stocks which hit new 52-week high on Friday - over 1 year ago
The BSE MidCap Index witnessed a surge of excitement on August 18 as several stocks reached new 52-week highs, showcasing impressive growth potential within this dynamic segment of the market.
Economic Times

Dr Reddy's Laboratories, Indian Bank and 4 other BSE 200 stocks hit new 52-week high - over 1 year ago
In a remarkable display of upward momentum, several stocks within the BSE 200 Index reached new 52-week highs on August 18.
Economic Times

Tata Elxsi, SBI and 8 other stocks cross 100-day SMA - over 1 year ago
On August 17, 2023, several prominent companies achieved a notable feat by crossing their 100 Simple Moving Average (SMA).
Economic Times

Jio Financial Services to list on stock exchanges on Aug 21; RIL shares rebound - over 1 year ago
Shares of Jio Financial Services (JFSL), which recently got demerged from parent Reliance Industries (RIL), will get listed on stock exchanges on August 21. Shares of the NBFC were credited to demat accounts of eligible RIL shareholders last week in 1:1 ratio, which means that for every RIL share held as on the record date of July 20, shareholders got one share of JFSL.
Economic Times

Pfaudler sells 13.6% stake in GMM Pfaudler; ChrysCapital among buyers - over 1 year ago
Pfaudler's stake in the company was held through DBAG Fund VI, a private equity fund advised by Deutsche Beteiligungs AG (DBAG). Following the stake sale, DBAG’s nominee directors Malte Woweries and Harsh Gupta tendered their resignations
Economic Times

Concord Biotech shares list at a healthy premium. What should investors do? - over 1 year ago
Concord Biotech is a biotechnology company and a leading maker of select fermentation-based APIs across immunosuppressants and oncology in terms of market share, based on volume in 2022.
Economic Times

Yatharth Hospital shares jump 12% on strong June quarter earnings - over 1 year ago
Yatharth Hospital's net profit stood at Rs 19 crore in Q1FY24 which was up 10% on a sequential basis. The operating revenue during the first quarter grew 39% year-on-year to Rs 154 crore, while EBITDA rose 61% on-year to Rs 41.4 crore.
Economic Times

Jio Financial Services to get listed on stock exchanges on August 21 - over 1 year ago
JFSL shares will get listed on stock exchanges on August 21.
Economic Times

Momentum Pick: Unbeaten in 8 sessions, this multibagger Tata group stock is set to rally another 20% - over 1 year ago
The Tata group retail firm which operates brands like Westside and Zudio reported a consolidated net profit of Rs 114.93 crore in the quarter ended June 30. The company had posted a net loss of Rs 138.29 crore in the April-June quarter a year ago.
Economic Times

European shares open lower as rate jitters, China woes loom large - over 1 year ago
Shares of China-exposed luxury heavyweights LVMH, Kering and Hermes fell between 0.6% and 1.2% on heightened concerns of weak economic growth in the world's second-largest economy.
Economic Times

Three Adani group stocks jump up to 12% as Abu Dhabi investor shows interest - over 1 year ago
TAQA, among the largest integrated utilities in Europe, West Asia and Africa and also the second-largest stock on Abu Dhabi Securities Exchange (ADX), is keen to deploy $1.5-2.5 billion in Adani Group firms or in a single entity, people familiar with the matter told ET.
Economic Times

These Nifty Financial Services index stocks may give 15-27% returns over next one year - over 1 year ago
A large number of times whenever there had been a correction in the nifty, especially due to any specific sector like IT stocks coming under pressure it was financial service stocks including banks which have been able to help the nifty recover. In this phase of correction, some financial services sector stocks are also under pressure, though not very high. Will they be again coming to rescue of nifty or not ? We take a look at what analysts are saying for all the financial service stocks which are part of the Nifty financial services index.
Economic Times

Three Adani group stocks jump up to 9% as Abu Dhabi investor shows interest - over 1 year ago
TAQA, among the largest integrated utilities in Europe, West Asia and Africa and also the second-largest stock on Abu Dhabi Securities Exchange (ADX), is keen to deploy $1.5-2.5 billion in Adani Group firms or in a single entity, people familiar with the matter told ET.
Economic Times

Nykaa, HDFC AMC among 5 stocks that could see up to $94 million outflows. Here's why - over 1 year ago
HDFC AMC ($24 million), Page Industries ($27 million), ACC ($19 million) and Indus Towers ($14 million) will see outflows from passive funds as a result of the reshuffle.
Economic Times

Chart Check: Ashok Leyland gives breakout from 4-year-long cup & handle pattern; time to buy? - over 1 year ago
The commercial vehicle stock rose more than 10% in a month and over 20% in the last 3 months which pushed the stock to a record high of Rs 191 on 11th August 2023.
Economic Times