MarketSmith founder, late William J O'Neil, was a stock market legend who pioneered the use of historical precedent based on both fundamental and technical analysis for equity investingBased on the idea of William J O'Neil, a custom screen made by MarketSmith emphasizes companies with strong earnings growth and relative price strength that are within 15% of their 52-week highs. It may be most effective in the early stages of a bull market when strong stocks are ready to emerge after general market pressure eases. Here is a list of 8 Indian stocks that fit in William J O'Neil's idea of equity investing, as listed on MarketSmith:

Action Construction Equipment (Re 1/share), Benares Hotels (Rs 20/share), Bharat Electronics (Rs 0.6/share), Relaxo Footwears (Rs 2.5/share), Shilchar Technologies (Rs 10/share), The J&K Bank (Rs 0.5/share), Vedant Fashion (Rs 9/share), V-Guard Industries, The South Indian Bank, and Industrial & Prudential Investment Company will trade ex-dividend on August 17.

"The uncertainty in the global markets and economic concerns in China again played a role in FPIs shifting their focus back toward Indian markets, which have been more resilient and stable," Himanshu Srivastava, Associate Director - Manager Research, Morningstar India, said.

One sector which has performed extremely well in the last two years has been hospital space. If one looks at the post listing performance of the IPOs which have come from this space, it is clear that both domestic and institutional investors are ready to pay a premium to have these stocks in their portfolio. The reason healthcare companies are bound to see growth, because average spend on healthcare will increase due to expansion of insurance and spending by the government.

Iconic investor Rakesh Jhunjhunwala, known as India’s Warren Buffet, died at the age of 62 on August 14 last year. The legendary investor and trader left the mortal world, but his legacy and words of wisdom will continue to guide Dalal Street investors for the years to come. Here are some of his evergreen market mantras that will guide investors to script their own success stories:

Given the huge difference in what is value and what looks cheap due to one financial ratio, more often than not, relying on PE may lead to wrong investment decisions. It would be better to use the PEG ratio. Calculating it is a complex process and comes with its own set of challenges. The challenge with PEG ratio is the quality of the earning forecast and given that in an ever-changing macro environment, even the best of the forecast for any business can go wrong which may impact other elements which lead to some unexpected changes.

A software company with a net margin of 10% is probably not worth looking at. But if an infrastructure and construction company has a net margin of 10% it is not bad at all. The best construction player in India strives to get double digit numbers, but it has been able to create wealth for its stakeholder. Every industry has its own matrix which should be taken into account before investing. ET screener powered by Refinitiv’s Stock Report Plus lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".

The project intends to implement geotagging technology-based mobile application solutions, which help the market regulator to take necessary photos or videos at the location with details such as location, date, and time for conducting site visits, surveys, and training programs.

Maya explained, "Let's start with Straddles. This options trading strategy involves buying both a call option and a put option on the same underlying asset, with the same expiration date and strike price."

On the daily timeframe, GMM PFAUDLER was trading in a downward-sloping parallel channel. After gaining almost 10%, prices have given a breakout of the channel. We have shown the ADX indicator, which gives an indication if the stock is trending or in a trading range. The ADX of this stock is 39.43, indicating that the stock continues to trade with good momentum.

ICICI Bank, Hindustan Unilever, Infosys and ITC saw erosion in their market valuation while Reliance Industries, Tata Consultancy Services (TCS) and State Bank of India added to their market valuation.

“As we approach a shortened trading week, several factors will influence market dynamics. macroeconomic indicators, rupee fluctuations, and FII activities will be pivotal in shaping market trends in the coming days,” said Santosh Meena, head of research, Swastika Investmart.

In the week gone by, in the backdrop of the RBI policy and release of key macro data globally, equity indices in domestic markets took a knock. Nifty plunged to levels below 19,450, making it a weekly fall of 0.45$. Further, the RBI’s attempt to curb the excess liquidity in the market in the recent policy weighed on the banking index, with Nifty Bank index tumbling as much as 1.5% in a week’s time.Nonetheless, despite the overall weakness, these 9 Nifty 50 stocks ended above last week’s high. (Source: StockEdge)

The volume and delivery scan provides the list of stocks that witnessed an increase in traded as well as delivered quantity. This is integral when it comes to undertaking technical analysis of stocks. More active is the stock, more shall be the volume. Here, we have collated a list of major mid and largecap stocks that saw high delivered and traded quantity this week and gained between 10-23% during the given timeframe.(StockEdge)

JK Cement's total expenses were at Rs 2,598.63 crore, up 27.58 per cent in the first quarter of FY 2023-24. The total income of JK Cement in the June quarter was Rs 2,794.22 crore, up 22.16 per cent over the year ago period.

It was also expected that the current uptrend might stand disrupted and the markets may slip under corrective consolidation. The trading range again got narrower; against 499 points in the week before this one, the NIFTY oscillated in a 232.75 points range.

After the RBI policy announcement, the banking sector has witnessed significant selling pressure, leading to a decline in the Bank Nifty index. Fresh short positions have been observed in the F&O data, indicating a bearish sentiment among traders

Here's a list of stocks wherein ace investors raised their stakes to above 1% in Q1, signalling potential entry into the counter. These stocks earlier did not list these investors in their shareholding pattern. According to Sebi mandate, companies are required to disclose the shareholdings of those investors who own 1% or more. (Source: Trendlyne)

Changing macro conditions have compelled portfolio managers to make tactical moves within a larger strategic asset allocation framework.

In the coming week, investors will closely monitor domestic CPI data for July, which is projected to show a significant increase due to rising food prices. There are other key global and domestic cues to watch out for next week. Watch the video to know more.

Rule-based investing is basically following a systematic approach to making investment decisions by formulating predefined sets of rules to buy or sell a particular stock or security.

At least once in your life, you might have thought that the food you ate outside cost much more than it would have if you had made it home. This is because businesses aim to make a profit but face challenges

In the last three weeks, nifty might have come under pressure but bulls are still very much in control of the street. This is clear from breadth in small and mid-cap space. Even on a bad day the extent of decline is not very severe. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from small cap space with high upside potential over the next 12 months, having an average recommendation rating of “Buy” or "Strong Buy" and also meeting parameters like return on equity and return on capital employed.

FPIs continue to be buyers in financials, capital goods and financials and also in IT selectively. A significant trend in the market is that FPI selling is countered by strong DII buying, he added.

At least once in your life, you might have thought that the food you ate outside cost much more than it would have if you had made it home. This is because businesses aim to make a profit but face challenges

Recent spike in prices of sugar futures in the global commodity markets have brought back focus on the sugar sector. However, in the case of India, the sugar sector has been going through a transformation much before that and the bottom lines are becoming better for a large majority of companies. All thanks to mixing ethanol with other fuels. As the underlying macro changes sugar companies are making a comeback on the analyst list and some of them have seen an increased participation by institutional investors.

Rule-based investing is basically following a systematic approach to making investment decisions by formulating predefined sets of rules to buy or sell a particular stock or security.

Right in the middle of Q1 earning season, more stocks from different sectors have seen an improvement in their analyst scores, because valuations at elevated levels, important to be selective before being bullish when looking at stocks. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

In the near term, any corrections towards 19300-19100 levels should be seen as a buying opportunity, as the index has the potential to extend its rally and test levels of 20000-20300 points. In the week ended August 10, benchmark indices lost about 0.4%. This was primarily due to the Reserve Bank of India’s move to impose an incremental Cash Reserve Ratio of 10% on banks in its move to tighten the liquidity in the system.

Right in the middle of Q1 earning season, more stocks from different sectors have seen an improvement in their analyst scores, because valuations at elevated levels, important to be selective before being bullish when looking at stocks. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

Yield on the 2-year treasury note, that moves in line with near-term interest rate expectations, climbed to 4.88%, pressuring rate-sensitive technology and growth names

“The key is to meditate before checking your phone, or else it becomes difficult to switch off the brain chatter.”

Talbros Automotive Component was the top gainer in the smallcap segment with a nearly 31% return, followed by Zen Technologies (28.5%), Tasty Bite Eatables (28%), and Banco Products (27%). About 9 stocks, including Bajaj Hindusthan, Onmobile Global, Force Motors, Windlas Biotech, ZEE Media, and BF Utilities, offered returns between 20 and 25% during the week

“The key is to meditate before checking your phone, or else it becomes difficult to switch off the brain chatter.”

​​​​Last month, ITC announced its board has approved in-principle the demerger of the hotels business where ITC retains 40% stake and 60% will be owned directly by the company’s shareholders proportionate to their shareholding in ITC. Puri said there is no change in economic interest of ITC shareholders in the new arrangement since they will hold 60% directly and 40% indirectly through their holding in ITC.

He has been in a sense the person who guided the institution, he created the entire financial conglomerate along with his esteemed colleagues of whom Keki Mistry and Renu Karnad have joined the board."

MSCI added 40 stocks to its Global Smallcap Index and removed 11. India has seen the maximum addition of stocks in the Global Smallcap Index within the Asia-Pacific region. Mrs Bector's Food, Neuland Laboratories, and Patel Engineering are among 40 stocks that will be part of the MSCI Global Smallcap Index with effect from August 31.

Cooling inflation, along with moderating growth in job gains and wages, has been fueling hopes that the Fed can successfully tame inflation without triggering a big jump in unemployment

According to one of the persons, a formal announcement is expected in the next three-four days. The firm was reappointed statutory auditor last year for a five-year period, according to the company's annual report for FY22.

Yield on the 2-year treasury note, that moves in line with near-term interest rate expectations, climbed to 4.88%, pressuring rate-sensitive technology and growth names

Sebi asked KRAs to develop mechanisms, in coordination with each other, and follow uniform internal guidelines detailing aspects of the identification of attributes and procedures for verification in consultation with the markets regulator.

Sebi asked KRAs to develop mechanisms, in coordination with each other, and follow uniform internal guidelines detailing aspects of the identification of attributes and procedures for verification in consultation with the markets regulator.

Nithin Kamath says the motivation to launch mutual fund business is two-fold, the shallow participation in Indian markets wherein lies the challenge and an opportunity and creating simple products for investors

He also said that recent experiences suggest poor countries facing financial difficulties go to other bodies beyond the IMF because of the perceived stigma or lack of access.

For the interest of investors and ease of transaction in the securities market, the client will be allowed to open an account with intermediaries and transact in the securities market as soon as the KYC (Know Your Client) process is completed, Sebi said.

However, in case of change in control resulting in consolidation or merger of schemes, the unitholders would be given the option to exit on the prevailing NAV without any exit load within a time period not less than 30 calendar days from the date of communication, Sebi said in a circular.

Further, applicants with investors contributing 25 per cent or more in the corpus that are mentioned in the Sanctions List by United Nations (UN) Security Council are ineligible for registration as FPIs, the regulator had said in June.

Addressing shareholders in the company’s 112th annual general meeting held virtually on Friday, Puri said the listing of ITC Hotels would take about a year plus, could be 15 months or more or less, since there are multiple steps in the regulatory process

Rate-sensitive megacap technology and growth stocks weighed down. Dow Jones falls 65 points at the open