These 4 multibaggers of 2021 turned investors poorer in 2022 - over 1 year ago
Tanla Platforms, a stock unspoken off much among the analyst community, became the darling of Dalal Street in 2021 as its value more than doubled. The cloud communications services provider has over the last few years reported higher-than-industry earnings growth.
Economic Times

Hot Stocks: Brokerages see 20-40% upside in KNR Construction, Go Fashion and Bandhan Bank in 2023 - over 1 year ago
Rural demand is likely to improve because of moderating consumer price inflation, sustained economic growth, expected budgetary push, and migration of the rural population back to urban areas (which would increase remittances from urban to rural India), it said.
Economic Times

ETMarkets 2023 Poll: What investors can expect in the new year - over 1 year ago
With 2022 drawing to a close, Dalal Street investors are prepping for 2023 on an optimistic note, as they believe the resilience shown by India to withstand the global shocks has put it in a favourable position to attract foreign capital flows.In an ETMarkets year-end survey conducted among 21 analysts, about 67% of them see Nifty50 above the 20,000 level by the end of 2023. Over 72% of the respondents believe that BSE Sensex will be above the 65,000 mark. Most market mavens expect equities to continue their bull run next year, which will take benchmarks Nifty50 and Sensex to new highs.
Economic Times

Money-spinner Adani stocks add Rs 8.5 lakh crore to investor wealth in 2022. Can their magic continue? - over 1 year ago
Adani Enterprises has a solid asset base and good cash flows despite there being debt on the balance sheet. Adani Wilmar has delivered stellar returns. Even as the space is getting overcrowded, there is room for upside," said Bathini.
Economic Times

Elin Electronics makes weak debut on bourses, lists at 2% discount - over 1 year ago
The Kolkata-based electronics manufacturing services provider’s IPO consisted of a fresh issue of shares worth up to Rs 175 crore, and an offer for sale by promoter entities and other shareholders worth up to Rs 300 crore. The face value of the share is Rs 5 per share.
Economic Times

Stock Radar: Rally not over in this multibagger PSU bank stock; here's why - over 1 year ago
The recent price action helped the stock hit a fresh 52-week high of Rs 197.20 on December 9, 2022. But, after hitting the record high, the stock quickly witnessed some profit-taking
Economic Times

Sensex gains 200 points, Nifty nears 18,250; Eureka Forbes jumps 5% - over 1 year ago
Sensex rises 200 pts, Nifty nears 18,250; Eureka Forbes jumps 5%, Craftsman Automation 4%; Nifty PSU Banks jumps 2%.
Economic Times

Sensex rises over 200 points on firm global cues; Nifty above 18,250 - over 1 year ago
“The key resistance level for Nifty50 is 18,400 and on the downside 18,100 can act as strong support,” Mohit Nigam, Fund Manager & Head - PMS, Hem Securities said.
Economic Times

Buy or Sell: Stock ideas by experts for December 30, 2022 - over 1 year ago
ET Now spoke to various experts and here's what they have to recommend for today's trading session. Nooresh Merani has a buy/sell recommendation on Indusind Bank and Hindalco while Kunal Bothra has a buy/sell recommendation on Indusind Bank and Bank of Baroda for today's trading session. Check out the targets and stoploss.
Economic Times

Trader's Guide: One metal stock & a bluechip auto major can rise up to 8% in near term - over 1 year ago
The markets opened lower on Thursday but ended up recovering and closing with a gain. Technically speaking, the Nifty has well-defended the support level of the100-day moving average.
Economic Times

Stocks to buy or sell today: 4 short-term trading ideas by experts for 30 December 2022 - over 1 year ago
The Nifty50 index surpassed its key hurdle of 18,181 level in the previous trading session which is a positive sign for the bulls. The next resistance for the index is placed at 18,300-18,400 levels, suggest experts.
Economic Times

Nifty stuck in time loop since last 6 quarters. Will we see a big breakout in 2023? - over 1 year ago
Nifty had topped out in October 2021 at around 18,600 level after which it had a multi-month correction that developed in a downward sloping channel. The index received support near the lower channel line in June-July 2022 and started moving higher.
Economic Times

Big Movers on D-St: What should investors do with FACT, Bharat Dynamics and Hikal? - over 1 year ago
Stocks that were in focus include names like FACT which was up nearly 10%, Bharat Dynamics which gained more than 2%, and Hikal which gained more than over 3% on Thursday.
Economic Times

Corporate Radar: Smallcap stock to go ex-dividend; Punjab & Sind Bank board meeting and more - over 1 year ago
The company’s board meeting is to take place to consider and approve the migration process from SME to the main board of the stock exchange(s) in terms of Regulation 277 and other applicable provisions of SEBI.
Economic Times

Asia stocks gain as investors find foothold at end of brutal 2022 - over 1 year ago
In the currency market, the U.S. dollar was on track for its best annual performance in seven years. The dollar index, which measures the greenback against six major currencies, was 0.048% lower on Friday, but entering the 2022's final few hours of trading, it had gained nearly 9% over the year.
Economic Times

Stock market holidays in 2023: Trading to be shut for 15 days next year - over 1 year ago
Then with no break in July, the markets will observe a holiday on the occasion of Independence Day on August 15. Post that on September 19, markets will be shut for Ganesha Chaturthi.
Economic Times

Stocks in focus: RIL, IRB Infra and more - over 1 year ago
Nifty futures on the Singapore Exchange traded 90 points, or 0.49 per cent, higher at 18,370, signaling that Dalal Street was headed for a positive start on Friday. Here are some stocks which are expected to see some action in trade today.
Economic Times

US stock market: Wall Street ends firmer, growth stocks lead in thin trading - over 1 year ago
Wall Street's main indexes dropped more than 1% on Wednesday, with the Nasdaq Composite Index hitting a 2022 closing low as rising COVID cases in China and geopolitical tensions added to fears of a likely recession in 2023.
Economic Times

Stocks in news: Lotus Chocolate, RIL, Cipla, Craftsman Automation, Eicher Motors - over 1 year ago
Reliance Industries arm Reliance Retail Ventures has signed an agreement to acquire 51% stake of promoter and promoter group entities in BSE-listed Lotus Chocolate Co for Rs 74 crore. The company will further make an open offer to the public shareholders to acquire an additional 26% stake in the confectionery maker.
Economic Times

CAD surges to record $36.4 billion in Sept quarter - over 1 year ago
New Delhi's current account balance recorded a deficit of $36.4 billion, or 4.4% of the GDP, in the September quarter, up from $18.2 billion, or 2.2% of the GDP, in the first quarter, data published by the Reserve Bank of India (RBI) showed. The deficit was at $9.7 billion, or 1.3% of the GDP, a year ago.
Economic Times

Srei lenders to hold challenge auction Tuesday to select winner - over 1 year ago
Lenders have set a threshold value of ₹3,000 crore as upfront payment - the minimum a resolution applicant must pay to be in the fray, said a note issued by lenders to the bidders.
Economic Times

Banks open loan taps to top performers among smaller NBFCs - over 1 year ago
“While mid- & small-size NBFCs are majorly dependent on banks, banks also have selectively gained confidence in these NBFCs based on their performance during the pandemic and support shown by sponsors,” India Ratings said. “The agency expects the evolving funding ecosystem between banks and mid- & small-sized NBFCs is credit supportive.”
Economic Times

Credit push to priority sector gains traction: RBI report - over 1 year ago
State-run banks fell short of achieving their targets only in the microenterprises category. Private banks, on the other hand, fulfilled their targets only for micro-enterprises, the central bank noted.
Economic Times

ICICI Pru Life's assets touch Rs 2.5 lakh cr on strong growth - over 1 year ago
"This is an outcome of offering customer-centric products, growth in new business premium, industry-leading persistency ratios, superior customer service and delivering superior risk-adjusted returns," the company said in a statement.
Economic Times

Indian lenders strong enough to counter worst of macro stress: RBI - over 1 year ago
It may go down to 14.0% in the medium stress scenario and to 13.1% under the severe stress scenario by September 2023, but it will stay above the minimum capital requirement. None of the 46 banks would breach the regulatory minimum capital requirement of 9% in the next one year, even in a severely stressed situation, RBI tests show.
Economic Times

Rollovers hint at a bullish start to 2023 - over 1 year ago
About 79.2% of Nifty futures contracts were rolled over to January on Thursday as per actual exchange data. This is slightly higher compared with the three-month average of 78.6% but lower than 90% of the carried forward positions in the previous series.
Economic Times

Stock Radar: Multibagger! Rally not over in this public sector bank that doubles wealth in 2022; here’s why - over 1 year ago
The recent price action helped the stock hit a fresh 52-week high of Rs 197.20 on December 9, 2022. But, after hitting the record high, the stock quickly witnessed some profit-taking
Economic Times

Wall Street surges in bargain-hunting rally, oil slides - over 1 year ago
The Dow Jones Industrial Average rose 309.1 points, or 0.94%, to 33,184.81, the S&P 500 gained 61.47 points, or 1.62%, to 3,844.69 and the Nasdaq Composite added 244.75 points, or 2.4%, to 10,458.04.
Economic Times

Cipla to invest 15 million euros in Germany’s Ethris to expand respiratory portfolio - over 1 year ago
The investment will facilitate a long-term strategic partnership between Cipla and Ethris for development of messenger RNA (mRNA)-based therapies, the former said in a release
Economic Times

Stock Radar: Buy Bank of Baroda for a target of Rs 200-210 - over 1 year ago
“Bank of Baroda stock is in a strong upward trend and after the short correction recently has taken support near the significant 50EMA level of 165 and indicated a trend reversal with a decent pullback improving the overall bias on the daily chart,” Vaishali Parekh, Vice President - Technical Research, Prabhudas Lilladher Pvt. Ltd, said.
Economic Times

Cipla to invest 15 million euro in Germany’s Ethris to expand respiratory portfolio - over 1 year ago
The investment will facilitate a long-term strategic partnership between Cipla and Ethris for development of messenger RNA (mRNA)-based therapies, the former said in a release
Economic Times

RIL retail arm to acquire controlling stake in Lotus Chocolate for Rs 74 crore - over 1 year ago
Reliance Consumer Products will acquire 51% stake from the promoter and promoter group entities of the confectionary maker and make an open offer to the public shareholders to acquire an additional 26% stake
Economic Times

Zerodha has no goals, but a mantra: To do what’s right for users, says Nithin Kamath - over 1 year ago
The company’s principle is: “Do what’s right for users.” “We've never set goals at Zerodha — be it user growth, revenues, or profits. The idea has been to get up every day, improve, & do what's right for users, knowing that we'll get to wherever we have to get to. The journey is a lot more fun this way," Nithin Kamath tweeted.
Economic Times

Sebi penalises 8 entities for manipulating stock price of Mangalam Industrial Fin - over 1 year ago
Pursuant to the investigation, the regulator found Shah and Daga were the key persons responsible for devising the scheme that led to artificial volume creation in the scrip of MIFL through their manipulative, fraudulent and unfair trade practices.
Economic Times

Six Indian auto stocks among top 10 global peers based on value creation in 2022 - over 1 year ago
According to the Bloomberg data, TVS Motor Company is ranked second with a stock return of 72% following 106% returns of Ford Otomotiv Sanayi, a Turkish unit of Ford, which holds 41% stake. Mahindra & Mahindra (M&M) and Eicher Motors ranked fourth and fifth with returns of 50% and 23%, respectively
Economic Times

ET Money Show: Lessons that 2022 taught us regarding investments - over 1 year ago
ET Money Show: On the show today, Amit Kukreja of Amit Kukreja Advisory discusses the major highlights and learnings of the year regarding investments, markets, and finances.
Economic Times

US Stocks open higher as jobless claims data calm rate hike jitters - over 1 year ago
The Dow Jones Industrial Average rose 145.72 points, or 0.44%, at the open to 33,021.43
Economic Times

Trading Guide: GMR Infra among 4 stock recommendations for Friday - over 1 year ago
The stock has attained the lower trendline support zone of the descending channel pattern on the daily chart near Rs 850 levels and witnessed a pullback with the bias improved and positive candle pattern to indicate a trend reversal and anticipating further rise in the coming days. The RSI indicator also has shown a trend reversal from the oversold zone to suggest further upward move and with upside potential visible, we expect the stock to carry on with the positive move.With the risk reward ratio favourable and chart looking good, a positional ‘buy’ is recommended on this stock for an upside target of Rs 965 keeping a stop loss of Rs 846.(Vaishali Parekh, Vice President - Technical Research, Prabhudas Lilladher)
Economic Times

RIL retail arm to acquire controlling stake in Lotus Chocolate - over 1 year ago
Reliance Consumer Products will acquire 51% stake from the promoter and promoter group entities of the confectionary maker and make an open offer to the public shareholders to acquire an additional 26% stake
Economic Times

Zerodha has no goals, but a mantra: Doing what’s right for users, says Nithin Kamath - over 1 year ago
The company’s principle is: “Do what’s right for users.” “We've never set goals at Zerodha — be it user growth, revenues, or profits. The idea has been to get up every day, improve, & do what's right for users, knowing that we'll get to wherever we have to get to. The journey is a lot more fun this way," Nithin Kamath tweeted.
Economic Times

European stocks mixed in 'choppy' markets, Wall Street futures up - over 1 year ago
China's health system has been overwhelmed after the country reversed its lockdown and testing regimes earlier this month. The United States, India, Italy, Japan and Taiwan said they would require COVID-19 tests for travellers from China.
Economic Times

These 4 commodity stocks record their new 52-week highs, do you own any? - over 1 year ago
The benchmark index, Sensex, surged about 224 points to settle at 61,133 on Thursday. During this rally in the markets, four stocks from the BSE commodities index managed to record their new 52-week highs.The 52-week high is the highest price at which a stock has traded during the last year. Some traders and investors use this technical indicator as an important factor to analyse a stock's current value and to predict its future price movement.
Economic Times

Tech View: Nifty forms a positive candle on expiry day. What traders should do on last trading day of 2022 - over 1 year ago
The momentum indicator RSI (14) is in a bullish crossover. Chart readers said Nifty is placed at the edge of an upside breakout of the crucial hurdle at 18200 levels. “For Nifty the target is seen at 18221 and then on the upside, major hurdles will be at the 18,473 mark,” said Prashanth Tapse of Mehta Equities.
Economic Times

Gainers & Losers: Tata Steel among 6 stocks that hogged limelight today - over 1 year ago
Domestic equity indices recouped early losses and closed with gains on Thursday on the monthly expiry day, led by gains in banking, financials, and IT stocks. The Nifty50 index closed 68 points or 0.38% higher at 18,191, while the S&P BSE Sensex rose 223 or 0.37% to 61,134. Meanwhile, broader markets underperformed the headline indices. Among sectoral indices, Nifty Private Bank and Nifty Metal outperformed with gains of over 1%, while Nifty Media and Nifty FMCG ended lower.Here are the stocks that remained in focus today:
Economic Times

Tesla’s worst-ever year brings $17 billion windfall for shorts - over 1 year ago
Tesla has tumbled more than 42% in December alone, driving it to a loss of 68% this year — marking a radical about face for a stock that surged during the low-rate era of the pandemic.It’s a rare victory for the shorts, whose 89% return comes after several years of significant losses, S3’s Ihor Dusaniwsky said. About 2.9% of Tesla’s free float is held short, according to S3 data.
Economic Times

D-St veteran Shyam Sekhar shares 10 most boring stocks for 2023. Here’s the list - over 1 year ago
This stock recently touched its 52-week low and in the last 15 years, only 1.11% of trading sessions saw intraday gains higher than 5%. “It is so boringly safe that nobody loves it,” said Sekhar.
Economic Times

Sensex gains 223 points, Nifty settles above 18,150 on Dec F&O expiry - over 1 year ago
From the Sensex pack, Bharti Airtel, SBI, Axis Bank and Tata Steel were the top gainers, rising about 1.5-2%. ICICI Bank, IndusInd Bank, Sun Pharma, M&M and Wipro also closed with gains
Economic Times

Sensex rebounds over 650 pts from day's low, ends 224 pts higher; Nifty above 18,150 - over 1 year ago
Closing Bell: Sensex rebounds over 650 pts from day's low, ends 224 pts higher; Nifty above 18,150; Nykaa jumps 5%, Airtel 2%
Economic Times

Tata Group's 10 stocks have outperformed Sensex in 2022 but group major fails to live up to expectations - over 1 year ago
As many as 10 stocks from Tata Group stable have outperformed benchmark index Sensex in 2022 with 4.5% returns. The likes of Oriental Hotels, The Indian Hotels Company, Tata Investment Corporation, and Benares Hotels, among the top performers, have gained over 50% but group major TCS was down about 13% in 2022.The group’s overall market cap was down about 9% to Rs 21,11,405 crore. Take a look at how its selected major and top performers have contributed to the Tata group. The last slide shows a list of top 10 gainers and losers.
Economic Times

5% upper circuit for 5th day! Shankar Sharma-backed stock rallies 140% from issue price - over 1 year ago
Dalal Street veteran Shankar Sharma's pre-IPO bet on a small drone start-up, that was listed on the BSE SME last Friday, has earned him over 140% profit from his initial investment of Rs 2.45 crore. Along with him, Bollywood stars Aamir Khan and Ranbir Kapoor have also more than doubled their money in DroneAcharya Aerial.
Economic Times