Breaking barriers! Piramal Pharma, Happiest Minds, 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

Ajanta Pharma, Oil India and 8 other midcap stocks hit new 52-week high on Thursday - over 1 year ago
The data was sourced from BSE at 1.15 pm, and the updates from the real-time data could come with a lag. The below data also pertains only to the time at which it was taken.
Economic Times

Sensex snaps 2-day winning streak to end 388 pts lower, Nifty below 19,400; RIL, ITC, HDFC Bank drag - over 1 year ago
Snapping their two-day winning run, equity benchmarks Sensex and Nifty closed in the negative territory on Thursday, tracking losses in index majors Reliance Industries, ITC and HDFC bank amid a weak trend in global markets. The 30-share BSE Sensex declined 388.40 points or 0.59 per cent to settle at 65,151.02. During the day, it fell by 493.32 points or 0.75 per cent to 65,046.10. The NSE Nifty slipped 99.75 points or 0.51 per cent to end at 19,365.25.
Economic Times

Sensex falls 388 pts dragged down by RIL, IT stocks; Nifty below 19,400 - over 1 year ago
The market capitalisation of all listed cos on BSE declined by Rs 56,290 crore to Rs 303.92 lakh crore. The market breadth was skewed in the favour of the bulls. About 1,836 stocks gained, 1,742 declined, and 162 remained unchanged on the BSE.
Economic Times

GMDC raises FY23 dividend to Rs 11.45 per share - over 1 year ago
In the past 12 months, the company has declared an equity dividend amounting to Rs 4.30 per share, resulting in a dividend yield of 2.41%
Economic Times

Weekly Breakout: Infosys, M&M and 8 other stocks cross previous 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

Nazara Tech, UltraTech Cement and 6 other stocks surpass 50-SMA - over 1 year ago
A select group of companies achieved the significant feat of crossing their 50 SMA, marking a noteworthy development in their stock performance.
Economic Times

Back in the game! After 5 years, FIIs are once again warming up to Indian midcaps - over 1 year ago
The S&P BSE MidCap Index has risen more than 20% this year, surpassing a 7.4% gain in India’s equity benchmark. It is trading at 24 times on earnings-based valuation versus 19 times for the Sensex index, according to data compiled by Bloomberg.
Economic Times

HDFC Group launches life insurance, asset management services from GIFT IFSC - over 1 year ago
HDFC Group has launched its life insurance and asset management services at Gujarat's GIFT City, which includes HDFC International Life, providing US dollar health and life-insurance policies, and HDFC AMC International, which gives fund management and advisory services as part of its offshore hub.
Economic Times

Top 5 hybrid mutual funds with over 15% gains in last one year - over 1 year ago
Using the ET Mutual Fund screener, ET Markets has identified 5 leading hybrid mutual funds that have seen over 15% growth over the last year. We specifically excluded funds with a size less than Rs 1,000 crore. These hybrid funds strategically distribute investments across both equity and debt, with the aim of achieving a delicate equilibrium between risk and reward, while enhancing the overall investment returns. It's important to note that the tax ramifications for hybrid schemes oriented towards equity closely resemble those of equity schemes, whereas hybrid schemes oriented towards debt are subject to the same tax regulations as debt schemes. (Data Source: ACE MF)For more info on Best Hybrid Funds click here (Pls hyperlink: https://economictimes.indiatimes.com/mutual-fund-screener/best-hybrid-funds)
Economic Times

High Hopes! 5 Nifty50 stocks see over 5% EPS upgrades post Q1 results - over 1 year ago
Seven Nifty constituents saw earnings per share (EPS) upgrades of over 5% for FY24 following their Q1 earnings. EPS is an important financial measure, which indicates the profitability of a company. It is calculated by dividing the company’s net income by its total number of outstanding shares. It is a tool that market participants use frequently to gauge the profitability of a company before buying its shares. The higher the earnings per share of a company, the better its profitability. (Data Source: ACE Equity)
Economic Times

Indian midcap stocks getting popular with foreigners again: Goldman Sachs - over 1 year ago
The S&P BSE MidCap Index has risen more than 20% this year, surpassing a 7.4% gain in India’s equity benchmark. It is trading at 24 times on earnings-based valuation versus 19 times for the Sensex index, according to data compiled by Bloomberg.
Economic Times

After 32% earnings growth in Q1, Motilal raises Nifty EPS estimate by 2.5% - over 1 year ago
In Q1 FY24, of the 21 sectors under Motilal's coverage, 7/8/6 sectors reported profits above/in line/below its estimates. Of the 231 companies under the brokerage firm coverage, 84 exceeded profit estimates, 87 posted a miss, and 60 were in line
Economic Times

Contra Bets: 5 software stocks with an upside potential of up to 29% - over 1 year ago
In 2021, software stocks were doing very well, the narrative was that the global wave of digitisation and moving to the cloud will ensure that the deal pipe for the Indian software sector will remain robust for many years. Today in 2023, the narrative is that valuations are expensive and the deal pipeline has slowed. So, does there lie an opportunity to take a contrarian bet?
Economic Times

Nifty Auto index stocks: While still in nascent stage but analysts are more bullish on EV part - over 1 year ago
In another couple of weeks, talks about the festive season sales would start to come up. For the auto industry, headwinds like rising input cost, stagnant demand are becoming things of the past. Now if the festive season goes well, then auto stocks might see another push. We take a look at what analysts' views are on segments and sub-segments of the auto industry. Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores.
Economic Times

Beating Volatility: 4 largecap stocks from different sectors with upside scope of up to 16% - over 1 year ago
Just because the broader stock markets indices like Nifty and Sensex have not fallen sharply in one trading session, the current wave of correction is not making it to headlines. In the last month, Nifty and Sensex have corrected. The broader market is still under the control of bulls. But as they say, volatility comes without any prior notice, so it would be better for oneself to be prepared and probably if one is thinking of taking exposure, staying with large caps might be a better idea. 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 in the algorithms & filters to find those which might help navigate the stock market.
Economic Times

These 8 stocks were added by over 20 MF schemes in July, do you own any? - over 1 year ago
In July 2023, mutual funds (MFs) directed their attention towards Indian equities, as evidenced by their net buying of approximately Rs 7,707 crore. With the sole exception of April, MFs consistently maintained their trend of net purchases throughout the calendar year. In the latest analysis carried out by ETMarkets concerning MFs, it was pointed out that eight stocks were added to the holdings of a minimum of 20 MFs in July 2023, in contrast to June 2023. Among these, five out of eight stocks exhibited a double-digit price increase in 2023 so far, while two stocks performed negatively, and one stock displayed a mere 3% growth during the same period. (Data Source: ACE MF | ACE Equity)
Economic Times

Chart Check: After 20% rally in a week, this textile stock breaks out from symmetrical triangle pattern; time to buy? - over 1 year ago
The stock hit a record high of Rs 477 on 4th January 2023 but it failed to hold on to the momentum. The stock saw a vertical drop from record highs but managed to find support above 50-DMA on the weekly charts in March 2023.
Economic Times

Financial Chakravyuha and the importance of exit strategies - over 1 year ago
Portfolio rebalancing is important, to protect the corpus that has been meticulously built over the years. However, the method followed for this may differ.
Economic Times

Multibagger IRFC plunges 6% on government stake sale news - over 1 year ago
On Wednesday, media reports suggested that the government is considering selling some of its stake in the state-owned IRFC as it aims to meet its divestment targets for the year. The government owns a little over 86% of the Indian Railways' funding arm.
Economic Times

Two multibagger defence stocks jump over 40% in last 3 days. Here's why - over 1 year ago
In its Q1 FY24 results, GRSE reported its best-ever net profit of Rs 77 crore. The firm saw a 54% rise in net profit as compared to the Rs 50 crore it reported in the year-ago period. Meanwhile, its total income stood at Rs 827 crore in the first quarter of the current fiscal, 33% higher than Rs 621 crore in the year-ago period.
Economic Times

8 PSU stocks deliver up to 9% dividend yield in last 12 months. Do you own any? - over 1 year ago
High dividend-paying stocks are the most sought-after on Dalal Street as they reward investors with consistent payouts irrespective of the market sentiments. According to an Axis Securities report, PSU stocks such as Coal India, ONGC, Oil India and REC delivered dividend yields of up to 9% to their investors in the last 12 months. Here are 8 PSU stocks that delivered up to 9% dividend yield:
Economic Times

Power Finance Corporation: Bullish to sideways - over 1 year ago
Power Finance Corporation’s daily trend is bullish to sideways. RSI for monthly, weekly and daily are showing bullish momentum. Based on option chain analysis, the range is between 250 and 270. Let’s plan a trade around this.
Economic Times

Adani Power shares rise 3% on 8.1% stake sale to GQG, others - over 1 year ago
Barring Adani Green Energy which was down 0.44%, all other stocks viz. Adani Enterprises (0.35%), Adani Ports and Special Economic Zone (1.20%), Adani Transmission (1.88 %), Adani Total Gas (0.09%), Adani Wilmar (0.77%), ACC (0.09%), Ambuja Cements and NDTV rose between 0.09-2%.
Economic Times

Hot Stocks: Brokerages on NTPC, Gabriel India, Kajaria Ceramics and Berger Paints - over 1 year ago
Bernstein has maintained an outperform rating on NTPC with a target price of Rs 274. Choice Broking has retained an outperform rating on Gabriel India with a target price of Rs 263. Geojit has recommended an accumulate rating on Kajaria Ceramics with a target of Rs 1610 and a buy rating on Berger Paints with a target of Rs 774.
Economic Times

ITC Hotels share price could go above Rs 100 after listing. Here's the math - over 1 year ago
As part of the demerger plan, which will not only unlock value for its 36 lakh shareholders but also improve capital allocation of the parent company, ITC will own 40% in ITC Hotels. The remaining 60% will be owned by ITC shareholders in proportion to their ownership in the parent entity.
Economic Times

Fundamental Radar: Attractive valuation and export push makes TCPL Packaging an attractive buy, says Sandeep Raina - over 1 year ago
"TCPL is one of the largest manufacturers of Folding Carton and they are also present in Flexible packing. The stock is trading at 9.5x FY25e earnings and 5.6x FY25E EBITDA, which is at a discount to its peers with a comparable product profile. We have a buy rating on the stock and a target of Rs 2209," Sandeep Raina, Executive Vice President- Research, Nuvama Professional Clients Group, said.
Economic Times

Sensex, Nifty open lower as global market mood sours - over 1 year ago
On the sectoral front, Nifty Bank, Nifty FMCG, and Nifty IT declined, while Nifty Auto, Nifty Pharma, and Nifty Metal gained. In the broader market, Nifty Midcap 100 advanced 0.55%, and Nifty Smallcap 100 gained 0.52%.
Economic Times

Two auto stocks run at varying speeds but offer gains of up to 6% - over 1 year ago
The Nifty had a weak opening but soon started a fight to crawl up. It ended with a gain.
Economic Times

Sensex falls marginally, Nifty tests 19,450; Cochin Shipyard gains 5% - over 1 year ago
Sensex falls marginally, Nifty tests 19,450; Cochin Shipyard rises 5%, IRFC drops 4%; Titan, NTPC, M&M are some of the gainers in the morning trade.
Economic Times

F&O Ban: ZEEL, Balrampur Chini among 11 stocks under ban on Thursday - over 1 year ago
The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.
Economic Times

Buy or Sell: Stock ideas by experts for August 17, 2023 - over 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 Manappuram Finance and Titan while Nooresh Merani has a buy/sell recommendation on M&M and Power Grid for today's trading session. Check out the targets and stoploss.
Economic Times

Stocks to buy or sell today: 7 top trading ideas by experts for 17 August 2023 - over 1 year ago
India VIX was up by 1.04% from 12 to 12.12 levels in the previous trading session. Volatility rose above 12.5 during the day but later cooled off thus paving way for the bulls at support zones.
Economic Times

Positive Breakout: Piramal Pharma & 4 other stocks cross above 200 DMAs - over 1 year ago
In the Nifty500 pack, five stocks' prices crossed above their 200 DMA (Daily Moving Averages) on August 16, 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. Take a look:
Economic Times

At multi-year highs: L&T & 3 other stocks witness 5-year swing high breakout - over 1 year ago
In the Nifty200 pack, we have collated a list of 4 stocks that witnessed a 5-year swing high at the close on August 16, 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

Golden Crossovers: Khadim India among 9 stocks signalling further bullishness - over 1 year ago
Nine stocks with a market cap of over Rs 300 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 August 16.
Economic Times

Asian stocks hit 9-month lows on worries over China economy, US rates - over 1 year ago
MSCI's broadest index of Asia-Pacific shares outside Japan slid to 495.03, its lowest since Nov. 29. It was last down 1.14% at 497.11, with the index down 8% for August and set for its worst monthly performance since September.
Economic Times

Explained | Adani Power, Indigo, JSW Energy: Is promoter selling a bad thing? - over 1 year ago
"Promoter selling isn't negative but there's a new pattern that's emerging," Nikunj Dalmia says as he analyses the block deal action.
Economic Times

Big Movers on D-Street: What should investors do with IndiGo, Divi's Labs & Vodafone Idea? - over 1 year ago
Stocks that were in focus include names like IndiGo, which fell 3.57%, Divi's Labs, which declined 0.55%, and Vodafone Idea, whose shares dropped 2.48% on Wednesday.
Economic Times

US stock market: Dow, S&P 500 end lower after Fed minutes cloud outlook for rates - over 1 year ago
The minutes of the Fed's July monetary policy meeting showed most policymakers continue to prioritize the battle against inflation, adding to uncertainty among investors about the outlook for interest rates.
Economic Times

Stock Radar: Ramco Cements could retest July 2023 highs in next 2-3 months, says Ajit Mishra - over 1 year ago
"We’re seeing a mixed trend within the cement pack and Ramco Cement is trading with the corrective tone. We feel it is a healthy correction and traders should utilise this phase to accumulate fresh. Traders can buy for a target of Rs 950 in the next 2-3 months," Ajit Mishra, SVP - Technical Research, Religare Broking Ltd, said.
Economic Times

Stocks in news: Adani Power, JSW Energy, IndiGo, Cipla, Religare - over 1 year ago
GQG Partners Emerging Market Fund bought 10,284,024 shares or 0.6% stake in JSW Energy at Rs 341.70 apiece for Rs 351 crore.
Economic Times

Vodafone Idea expects to close external equity funding in December Quarter - over 1 year ago
Vodafone Idea had said in an exchange filing on Monday that one of its promoters has committed to providing financial support to the extent of ₹2,000 crore without saying which one. The Vodafone Group UK and the Aditya Birla Group are the main promoters of the company.
Economic Times

InCred to launch maiden MLD for retail investors - over 1 year ago
The issue offers 100% protection of the principal amount at maturity and a minimum total return of 14% on the maturity date, which is August 31, 2025, the non-banking financial company said in a statement.
Economic Times

NSE asks for data to track F&O traders' locations during pandemic - over 1 year ago
The member brokers have been directed to share the know-your-customer (KYC) details and ledgers of their clients, ID of devices used to put the trade orders, IP addresses as well as the media access control (or MAC) addresses which is an unique identifier for every laptop and mobile handset manufactured, two people aware of the communique from the bourse told ET.
Economic Times

Adani Power promoters sell 8.1% stake for $1 billion - over 1 year ago
According to BSE data, GQG Partners Emerging Markets Equity Fund and Goldman Sachs GQG Partners International Opportunities Fund bought 152 million shares, or a 3.92% stake, at ₹279.15 apiece for ₹4,244.7 crore.
Economic Times

Compliance executives face flak over insider trading norms - over 1 year ago
Both the BSE and NSE have displayed in the stock price quote section of JK Cement that the company has not maintained the structured digital database (SDD) - an internal record of key employees with access to unpublished price-sensitive information (UPSI). The exchanges named the company's compliance officer.
Economic Times

NCLT approves Vedanta's bid to acquire Meenakshi Energy - over 1 year ago
The Anil Agarwal company offered ₹1,440 crore against admitted claims of ₹4,625 crore, equating to a 31% recovery, distributed among lenders, trade creditors and employees.
Economic Times

Srei twins resolution plan: Authum appeals against NCLT order - over 1 year ago
On Wednesday, a two judge bench of the National Company Law Appellate Tribunal (NCLAT) issued notices to the committee of creditors (CoC), NARCL, Reserve Bank of India (RBI) and administrator Rajneesh Sharma on the appeal filed by Authum, giving the respondents two weeks to reply to the notice. Authum will get another two weeks after the respondents file their replies.
Economic Times

Telcos likely to clock 7-9% revenue growth: ICRA - over 1 year ago
The capex levels of telecom firms will remain high as they expand 5G coverage and this will keep the debt levels of the industry elevated at ₹6.1-6.2 lakh crore as of March 2024, it said.
Economic Times