Lemon Tree Hotels shares in focus after signing license agreement for a hotel in UdaipurLemon Tree Hotels Share Price - about 2 months ago
Lemon Tree Hotels announced a new property in Ayodhya, set to open in FY 2028, managed by Carnation Hotels. On Monday, shares closed at Rs 113.9, down 3.5%, while the Sensex fell 0.78%. Year-to-date, shares are down 4% but up 122% over three years.
Economic Times

Should you buy OMC stocks amid rising crude oil prices, likely dismal Q2FY25? - about 2 months ago
After falling to a 14-month low in September, the oil prices have taken a u-turn amid growing tension between Israel and Middle East nations including Iran. On Monday, Brent oil prices shot-up to levels above $80 per barrel for the first time since August.
Economic Times

Tata Motors shares in focus after JLR production slumps 7%, retail sales down 3% in Q2Tata Motors Share Price - about 2 months ago
Tata Motors Share Price: Tata Motors shares will be watched on Tuesday after Jaguar Land Rover (JLR) reported a 3% decline in Q2 FY25 retail sales, with 1,03,108 units sold. However, sales for the first half of the fiscal year rose 3% YoY to 2,14,288 units.
Economic Times

Stocks to buy or sell today: Infosys, Tata Motors among top 7 trading ideas for October 8, 2024Tata Motors Share Price - about 2 months ago
The Indian market is expected to rebound on Tuesday, following positive global cues. Nifty futures closed down 0.67% at 25,005 on Monday. Options data shows maximum Call OI at 27,000 and 26,000, and maximum Put OI at 24,000 and 24,500. Analysts suggest a broader trading range between 24,400 and 25,400, with immediate resistance at 24,950.
Economic Times

Hot Stocks: Brokerages on Trent, Nykaa, M&M, Tata Motors and Godrej PropertiesTrent Share Price - about 2 months ago
Brokerages have varied ratings on key stocks. Morgan Stanley maintains an overweight call on Nykaa and Trent, citing strong beauty growth. CLSA upgraded M&M to outperform, expecting SUV market share gains and tractor segment resilience. UBS retains a sell on Tata Motors due to China market challenges, while BofA holds a neutral view on Godrej Properties, expecting solid Q2 metrics.
Economic Times

F&O Radar | Deploy Broken Wing strategy in IEX to benefit from bearish outlook - about 2 months ago
IEX is currently in a short-term downtrend, trading at Rs 198.97 after pulling back from higher levels. The stock has formed an inverted flag and pole pattern on the daily chart, indicating a potential breakdown and downside risk.
Economic Times

These 4 stocks closed below VWAP on October 7 - about 2 months ago
On October 7, the closing prices of four stocks from Nifty200 dropped over 2.5% relative to the VWAP (Volume Weighted Average Price), and a shift below the VWAP suggests a potential bearish trend, according to stockedge.com's technical scan data. When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which it was traded throughout the day, with the average being weighted by trading volume. This can be seen as a potential indication of increased selling pressure.
Economic Times

China reopens with a bang but fails to lift Asia stocks - about 2 months ago
Mainland Chinese stocks surged to multi-year highs after a break due to optimism over Beijing's stimulus measures. However, Hong Kong's Hang Seng Index fell. Fears of conflict in the Middle East raised concerns over oil supplies. Investors reassessed the Federal Reserve's rate cut trajectory after a strong U.S. jobs report, impacting global markets.
Economic Times

Stock to watch: Anand Rathi shares in focus as company may consider payment of interim dividend on Oct 10Anand Rathi Wealth Share Price - about 2 months ago
Anand Rathi Wealth shares could be in focus on Tuesday as the company may consider an interim dividend payment to shareholders. The board will meet on October 10 to approve July-September quarter earnings. The record date for the dividend is October 18. The stock has shown significant gains recently, outperforming the Nifty index.
Economic Times

Stock to watch: Vedanta shares to remain in focus today ahead of board meeting to consider interim dividendVedanta Share Price - about 2 months ago
Vedanta shares are in focus as the company considers approving the fourth interim dividend for FY25 today. The record date for shareholders' eligibility is October 16. Vedanta reported its highest-ever quarterly and half-yearly aluminium production alongside increased zinc production in India, reflecting strong performance.
Economic Times

Ola Electric shares in spotlight after CCPA issues show cause notice to co over surging consumer complaints - about 2 months ago
Ola Electric got a show-cause notice from CCPA over consumer complaints, misleading ads, and unfair trade practices. Its shares fell 8% after a Twitter dispute between CEO Bhavish Aggarwal and comedian Kunal Kamra regarding service issues. Despite a 32% revenue increase, Ola's net loss also grew, highlighting challenges in the EV industry.
Economic Times

F&O Ban List: IDFC First Bank, PNB among 9 stocks under trade ban on TuesdayRBL Bank Share Price - about 2 months ago
Nine stocks including Bandhan Bank, Birlasoft, GNFC, and others are banned from F&O trading on Tuesday. This happens when open interest crosses 95% of market-wide positions limits. The bans will reverse if the open interest falls below 80%. The Indian stock market indexes Sensex and Nifty also ended lower due to multiple factors.
Economic Times

Subam Papers to debut on BSE SME platform today. What to expect? - about 2 months ago
Subam Papers debuts on the BSE SME platform with an expected 16% gain on its upper price band of Rs 152. The company, which manufactures eco-friendly kraft paper and duplex board using wastepaper, aims to reduce its carbon footprint with renewable energy. Its production capacity and financial performance have grown significantly.
Economic Times

Paramount Dye Tec shares to list today. GMP hints at marginal upside - about 2 months ago
Paramount Dye Tec shares will debut on the NSE SME platform on Tuesday. The net proceeds from the public offer are slated for manufacturing units setup, debt repayment, land registry expenses, and general corporate purposes. The company specializes in recycling waste synthetic fiber into quality yarn, contributing to sustainability and economic efficiency.
Economic Times

Stock to watch: State-run MOIL's shares in focus after co reports best ever September production, sales figuresMOIL Share Price - about 2 months ago
MOIL achieves record September production of 1.46 lakh tonnes, with a 7% growth in overall production in the first half of FY24. Despite market challenges, sales remain stable at 7.51 lakh tonnes. MOIL's ambitious exploratory drilling efforts continue to increase, signifying commitment to future growth.
Economic Times

Negative Breakout: 7 stocks cross below their 200 DMAs - about 2 months ago
In the Nifty 200 pack, seven stocks' close prices crossed below 2.5% to their 200 DMA (Daily Moving Averages) on October 7, 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

China markets reopen with a roar after week-long break - about 2 months ago
Chinese stock markets saw significant gains, with the CSI300 hitting two-year highs and the Shanghai Composite rising to its best levels since December 2021. Investors are optimistic about aggressive stimulus measures, though some urge caution given the current substantial market gains.
Economic Times

Death Crossovers: These 5 stocks signal further bearishness on October 8 - about 2 months ago
In the NSE list of stocks, five stocks with a market cap of over Rs 1,000 crore are witnessing Death Crossovers, according to stockedge.com's technical scan data. The death cross is a technical indicator of bearishness. The death cross appears on a chart when a stock’s short-term simple moving average (SMA) crosses below its long-term moving average on the downside. These stocks' 50-day SMA crossed below their 200-day SMAs on October 7. Take a look:
Economic Times

Big movers on D-Street: What should investors do with Macrotech Developers, Naukri and Titan?Macrotech Developers Share Price - about 2 months ago
Benchmark indices Sensex and Nifty dropped for a sixth straight session, impacted by mixed global trends. Key stocks included Macrotech Developers gaining 1.3%, while Naukri and Titan fell by 2.4% and 2.6% respectively. Analyst Ameya Ranadive provides recommendations for these stocks amid market volatility.
Economic Times

Stock to watch: Nykaa shares in focus after update on Q2 revenueFSN E-Commerce Ventures Share Price - about 2 months ago
Nykaa witnesses strong performance in Q2 with consolidated net revenue growth in mid-twenties. Beauty vertical, omnichannel retail, and eB2B distribution show robust growth. Fashion vertical sees NSV growth in early teens. Nykaa expands Dot & Key ownership to 90%. Festive season expected to boost demand.
Economic Times

GIFT Nifty down 85 points; here's the trading setup for today's sessionRBL Bank Share Price - about 2 months ago
The underlying trend of Nifty remains negative. Having declined below the crucial support of 25,100-25,000 levels recently, Nifty could slide down towards another lower support of around 24,500-24,400 in the near term. Immediate resistance to be watched at 25,000 levels, said Nagaraj Shetti of HDFC Securities.
Economic Times

Wall Street indexes slip with interest rates, Middle East in focusPfizer Share Price - about 2 months ago
Further dampening sentiment on Monday was an order from a U.S. judge for market heavyweight Alphabet's Google to overhaul its mobile-app business to give Android phone users more options. Analyst reports also spurred selling of Amazon.com and Apple Inc.
Economic Times

Stocks in news: Nykaa, BEL, Tata Motors, HEG, PuravankaraZodiac Energy Share Price - about 2 months ago
HEG acquired 8.23% stake in GrafTech International for about Rs 248.62 crore. GrafTech International is a leading manufacturer of high quality graphite electrode products essential to the production of electric arc furnace steel and other ferrous and non-ferrous metals.
Economic Times

These large-caps have ‘Strong Buy’ & ‘Buy’ recos and an upside potential of more than 29% - about 2 months ago
It is after a long time that we are seeing corrections in absolute terms. Also, it is rare for the Indian markets not to be in step as global markets rise. On Monday, and also on last Friday, there were minor intra-day upmoves by the Nifty. But these were followed by sudden, sharp selling pressure which saw the whole market collapse. In such times, there is no foolproof way to avoid a cut in the value of your portfolio. However, if you are investing fresh money, a filter of sorts would help. So, stay with large-caps – especially those in sectors with the tailwind of a policy push, or any other such positive. We look at the stocks which have seen an improvement in analysts’ rating in the last one month – a period of great volatility for the market.
Economic Times

Middle East conflict keeps markets nervous ahead of China's reopening - about 2 months ago
The benchmark 10-year U.S. Treasury yield held above 4% in early Asia trade, as a robust U.S. labour market prompted traders to heavily scale back their expectations for Federal Reserve rate cuts.
Economic Times

Bharti Airtel in advanced talks to acquire Tata Play to boost digital TV segment - about 2 months ago
Bharti Airtel is in advanced talks to acquire Tata Play, India’s largest DTH business. This move aims to bolster Airtel’s position in the digital TV segment. If successful, it will be the second major deal between Airtel and Tata Group. This acquisition would help Airtel compete with Jio’s aggressive market strategies.
Economic Times

Drop by drop, indices in deep water - about 2 months ago
The NSE Nifty fell 0.87% or 218.85 points to close at 24,795.75. The BSE Sensex declined 0.78% or 638.45 points to close at 81,050. Both indices have slid nearly 5.3% in the past six days. The last time the Sensex and Nifty fell for six days in a row was in October 2023.
Economic Times

Paint Wars: Dulux shade card may be part of a merged palettePidilite Industries Share Price - about 2 months ago
Akzo Nobel India has informed that its Dutch parent Akzo Nobel NV is conducting a strategic review of its portfolio to redeploy capital towards growing its core coatings businesses. The initial focus will be on its decorative paints business in South Asia and various strategic options will be explored ranging from partnerships or joint ventures through to mergers or divestments.
Economic Times

RBI rejects Rakesh Asthana's appointment to REL boardReligare Enterprises Share Price - about 2 months ago
The Reserve Bank of India has rejected Religare Enterprises' attempt to appoint Rakesh Asthana to its board. This followed a complaint from the Burman family, who hold a significant stake in REL, citing procedural irregularities. The dispute has escalated to legal actions, with the Delhi High Court involved. The company's management is amid a power tussle with the Burman family.
Economic Times

HFCs propose higher guarantee cover for affordable home loans - about 2 months ago
Housing finance companies propose revamping the Credit Risk Guarantee Fund Trust for Low Income Housing. They suggest increasing the guarantee cover for home loans to ₹25 lakh from the current ₹5 lakh. This renewal aims to include more low-income customers and boost affordable housing in 124 districts. The government's response is awaited.
Economic Times

SBI extends two FD schemesState Bank of India Share Price - about 2 months ago
State Bank of India has extended its Amrit Kalash and Amrit Vrishti fixed deposit schemes until March 31, 2025. Amrit Kalash offers 7.10 percent interest for 400 days, while Amrit Vrishti provides 7.25 percent for 444 days. Senior citizens receive an extra 50 basis points. These schemes come after the Reserve Bank of India's recent directive to narrow the deposit-credit growth gap.
Economic Times

HDFC Bank's online services hit by glitchesHDFC Bank Share Price - about 2 months ago
"The bank had to take an unscheduled downtime earlier today (Monday) as some operations like transactions through RTGS and NEFT using net banking were affected," a spokesperson said at the lender. "The issue stands resolved."
Economic Times

China's stock rally fails to convince global funds - about 2 months ago
Invesco Ltd., JPMorgan Asset Management, HSBC Global Private Banking and Wealth, and Nomura Holdings Inc. are among those viewing the recent rebound with skepticism and waiting for Beijing to back up its stimulus pledges with real money. Some are also concerned many stocks are already reaching overvalued levels.
Economic Times

Financial services draws most FPI flows in SeptemberKotak Mahindra Bank Share Price - about 2 months ago
Overseas investors sold shares worth ₹7,054 crore across eight sectors in the second-half of the month. The consumer services sector witnessed the highest foreign outflows at ₹2,784 crore, after receiving inflows worth ₹4,158 crore in August.
Economic Times

Rise in US jobs may lead to reversal of trades hinging on Fed lowering rates - about 2 months ago
The Fed delivered a jumbo-sized 50 basis-point cut last month, temporarily vindicating that view. But the trajectory of rates is less certain after Friday's labour market report, which showed the US economy creating over 100,000 more jobs than expected last month. That suggests there is less need for more large cuts this year and raises the prospects of a reversal in many of the trades that hinged on lower rates.
Economic Times

Stock Radar: 80% rally in 1 year! This Tata Group power stock slips after hitting record highs; time to buy? - about 2 months ago
Tata Power Ltd, part of the Tata Group, has seen a significant rise of over 80% in one year, reaching a new high of Rs 494 in September 2024. Despite a recent consolidation phase, traders are advised to buy on dips, targeting above Rs 500 levels in the coming weeks, suggesting bullish momentum.
Economic Times

Investors can now access 100% of sale proceeds for same-day trading - about 2 months ago
Starting Monday, investors will receive 100% of their sale proceeds on the same day, enabling immediate reinvestment. Previously, only 80% was accessible the same day with the rest available later. This change, aimed at enhancing liquidity, will benefit trading activities significantly.
Economic Times

Reliance Industries to declare Q2 results on October 14Reliance Chemotex Industries Share Price - about 2 months ago
Reliance Industries Ltd (RIL) will hold a board meeting on October 14 to review the financial results for the quarter ending September 2024. The company previously reported a 5% decline in net profit for the first quarter of June 2024. A presentation to analysts and media will follow the meeting.
Economic Times

Market Trading Guide: IOC, AstraZeneca among 4 stock recommendations for Tuesday - about 2 months ago
Domestic headline indices, BSE Sensex and Nifty50, gave up early gains to end lower for the sixth consecutive session on Monday, pressured by rising Middle East tensions and concerns over a weaker corporate earnings outlook. The 30-share BSE Sensex dropped 638 points, or 0.78%, to settle at 81,050, while the broader NSE Nifty declined 218 points, or 0.87%, to finish at 24,795.he next couple of weeks. Immediate support is at 26000," said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities."Nifty slipped further due to ongoing geopolitical concerns, with sentiment worsening as the index fell below the 55-EMA, indicating a bearish trend. A bearish crossover in the RSI is adding to the downward price momentum. In the short term, the trend may remain volatile, with a predominantly bearish outlook," Rupak De, Senior Technical Analyst at LKP Securities said. Overall, the market appears to be ‘sell on rise’ as long as it stays below 25,000 while on the downside, the support levels are positioned at 25,700-25,590/25,400, De said.Here are 4 stock recommendations for Tuesday:
Economic Times

US stocks open lower as changing rate expectations boost yieldsPfizer Share Price - about 2 months ago
Wall Street's main indexes fell at the open on Monday, pressured by a rally in Treasury yields as investors dialed back bets on the scope of the Federal Reserve interest rate cuts this year.
Economic Times

Market Trading Guide: IOC, AstraZeneca among 4 stock recommendations for TuesdayIndian Oil Corporation Share Price - about 2 months ago
Indian indices fell for the sixth consecutive session on Monday, pressured by Middle East tensions and concerns over corporate earnings. Nifty slipped below the 55-EMA, indicating a bearish trend. Analyst Rupak De sees a short-term volatile trend with a predominantly bearish outlook.
Economic Times

HDFC Bank divests 100% stake in HDFC Edu for Rs 192 croreHDFC Bank Share Price - about 2 months ago
India's largest private sector lender HDFC Bank on Monday said that its board has approved 100% stake sale of subsidiary HDFC Education to Vama Sundari Investments in an all-cash deal amounting to Rs 192 crore. The sale price is Rs. 9.60 per share.
Economic Times

Only if you have the ability to be tactical, contrarian & nimble-footed. 7 IT stocks with an upside potential of up to 34% in 1 year - about 2 months ago
The outperformance of metal stocks and the indices is well known. But it is worth noting the performance of a number of IT stocks. They have not suffered the kind of cuts other sectors and stocks have witnessed. This is interesting if you take into account the fact that the Q2 earning season will be kicked off by large-cap IT companies. Going by what their managements have been saying, don’t expect major positive surprises. So what explains this relatively strong outperformance? And does it present an opportunity for short-term tactical trades or investments?
Economic Times

US stocks open lower as changing rate expectations boost yields - about 2 months ago
Wall Street's main indexes fell at the open on Monday, pressured by a rally in Treasury yields as investors dialed back bets on the scope of the Federal Reserve interest rate cuts this year.
Economic Times

These 5 stocks hit 52-week highs, rallied up to 25% in a montheClerx Services Share Price - about 2 months ago
Sensex fell by 638 points on Monday, ending at 81,050. Despite this, five stocks in the BSE 500 index hit their 52-week highs. These highs indicate strong performance and potential for future growth.
Economic Times

FIIs sell Indian equities worth Rs 8,293 crore on Monday - about 2 months ago
FIIs sold Indian equities worth Rs 8,293.41 crore on Monday, while DIIs were net buyers at Rs 13,245.12 crore. Indian indices fell for the sixth consecutive session, with Nifty Bank, Nifty Metal, Nifty Oil & Gas, and Nifty PSU Bank falling over 2%.
Economic Times

IT Stocks: Only if you have the ability to be tactical, contrarian & nimble-footed. 7 IT stocks with an upside potential of up to 34% in 1 year - about 2 months ago
The outperformance of metal stocks and the indices is well known. But it is worth noting the performance of a number of IT stocks. They have not suffered the kind of cuts other sectors and stocks have witnessed. This is interesting if you take into account the fact that the Q2 earning season will be kicked off by large-cap IT companies. Going by what their managements have been saying, don’t expect major positive surprises. So what explains this relatively strong outperformance? And does it present an opportunity for short-term tactical trades or investments?
Economic Times

In Charts: New age tech stocks surge in CY24. Check their financials & institutional dataZomato Share Price - about 2 months ago
New-age tech companies have seen significant growth in CY24. Two stocks have surged over 100%. Newly listed companies have also shown strong gains. These tech-driven startups focus on fast-growing sectors and leverage advanced technologies to offer distinctive products and services. They are recognized for their rapid expansion, high market valuations, and ability to disrupt traditional industries.
Economic Times

Ashish Kacholia buys fresh stake in this smallcap company, stock up 5%Jyoti Structures Share Price - about 2 months ago
Ace investor Ashish Kacholia bought a 2.52% stake in Jyoti Structures. The stock closed 4.8% higher. Promoters and the promoter group do not hold any stake in the company. The entire 100% stake is held by public shareholders like FPIs, AIFs, and insurance companies.
Economic Times