Kantilal Chhaganlal Securities pays Rs 31.20 lakh to settle case with Sebi - over 1 year ago
Pending adjudication proceedings in the matter, the noticee filed a settlement application with Sebi to settle the case. The regulator recommended the settlement of instant proceedings upon payment of Rs 31.20 lakh
Economic Times

Looking for investment mantras? Here’s Warren Buffett’s 5 pearls of wisdom - over 1 year ago
Berkshire will always hold a boatload of cash and US Treasury bills, and will avoid such investment decisions that could result in any uncomfortable cash levels at inconvenient times, including financial panics and unprecedented insurance losses, Buffett said.
Economic Times

India New Issue-Kotak Mahindra Prime accepts bids for multiple tenor bonds - traders - over 1 year ago
It has accepted bids worth 1.85 billion rupees for five-year bonds at an annual coupon of 8.05%, and the issues will close for subscription on Tuesday, they said
Economic Times

Sebi cancels Way2Wealth Commodities registration in NSEL case - over 1 year ago
Accordingly, Way2Wealth Commodities can no longer be called a "fit and proper person" for holding the certificate of registration as a broker in the securities market and cancelled the registration of the brokerage house
Economic Times

NPPA fixes retail price of 74 drug formulations - over 1 year ago
The NPPA said it has also revised the ceiling price of 80 scheduled formulations (NLEM 2022) including the one to treat epilepsy and neutropenia
Economic Times

LIC shares hit fresh 52-week lows. What's ailing the stock? - over 1 year ago
LIC, which had invested Rs 30,127 crore in 7 out of 10 Adani Group stocks, is on the brink of a loss, according to an analysis by the Economic Times as of last Thursday
Economic Times

5 investment tips by Warren Buffett that will change the way you invest! - over 1 year ago
Warren Buffett is one of the most successful investors in the world. He is also known for his honest and realistic investment tips as well. Here are 5 investment tips by Warren Buffett that will change the way you invest.
Economic Times

Tech View: Nifty takes support at 200-DMA. What should traders do on Tuesday - over 1 year ago
The hourly momentum indicator has a positive divergence with a positive crossover, indicating that selling pressure is weakening on the downside.
Economic Times

JPMorgan investment arm purges its ESG funds of Adani stocks - over 1 year ago
The JPMorgan Global Emerging Markets Research Enhanced Index Equity ESG UCITS ETF offloaded the more than 70,000 shares in cement manufacturer ACC Ltd., exiting a stake it’s held since May 2021, according to a data review by Bloomberg that looked at movements following the Jan. 24 publication of the Hindenburg report.
Economic Times

Share India Securities rights issue to open on March 9. All you need to know - over 1 year ago
The rights entitlement ratio is fixed as 1 rights equity share along with 17 detachable warrants for every 50 fully paid-up equity shares held by eligible shareholders as on record date
Economic Times

When Ashwani Gujral predicted current stock market selloff just a few days ago - over 1 year ago
On a video posted on his YouTube channel, on February 22, Ashwani Gujral said Indian markets could see further correction. He attributed the current correction to synchronized global selling due to higher interest rate forecast amid a global slowdown.
Economic Times

GAIL gets an upgrade from Kotak Institutional Equities. What should investors do? - over 1 year ago
Kotak said the company's decision to integrate all the 9 interconnected pipelines came as a surprise and that in combining the 9 networks, the lower volume divisor advantage gets offset by no additive tariff benefits
Economic Times

Adani rebuffs report of $400 million fundraise against Australian assets - over 1 year ago
As of Monday, the conglomerate led by billionaire Gautam Adani has seen about $147 billion wiped off its market value after Hindenburg Research accused it on Jan. 24 of improper use of offshore tax havens and stock manipulation
Economic Times

Sensex extends losing run to 7th session, ends 176 pts lower; Nifty below 17,400 - over 1 year ago
​​​The Nifty IT index fell 1.95%. In the sensex pack, Tata Steel and Infosys were among top losers, falling over 2%, while Tata Motors and TCS lost close to 2%.
Economic Times

Rs 9 lakh crore gone! 10 factors why Sensex is down 2,000 points in 7 days - over 1 year ago
Fear gauge index India VIX shot up another 5% as selling was seen across sectors. Sectoral indices of IT, metals and media lost in between 2-4% each.
Economic Times

Sensex ends 175 pts lower, Nifty below 17,400; Adani Ent tanks 10% - over 1 year ago
Closing Bell: Sensex extends losing run to 7th session, ends 175 pts lower; Nifty below 17,450; Adani Ent tanks 10%, Macrotech up 12%.
Economic Times

‘India’s flagship indices broadly flattish over last 1 yr’ — Statement conceals more than it reveals - over 1 year ago
Over a fourth of BSE500 companies have fallen more than 30% in the past year and half of the index constituents are down over 30% from their 2-year highs
Economic Times

Carlyle Aviation Partners to pick up 7.5% stake in SpiceJet - over 1 year ago
Carlyle Aviation Partners is the commercial aviation investment and servicing arm of Carlyle's USD 143 billion Global Credit platform
Economic Times

NSE gets green signal to launch 'Social stock exchange': All you need to know - over 1 year ago
The National Stock exchange or NSE recently got a green signal from SEBI to launch a SSE or Social stock exchange. But what is it and how does it work? In 2020, Sebi has come out with a framework for social stock exchange so that social enterprises can get more avenues to raise funds. Watch the full video for more on this.
Economic Times

Noted stock market analyst Ashwani Gujral passes away: Report - over 1 year ago
Apart from the books, Gujral has written for US-based magazines and journals on trading and technical analysis. Before simplifying trading to investors and readers, Ashwani himself has been a full-time trader of stocks and derivatives since 1995.
Economic Times

FPIs stay bullish on India’s infrastructure theme despite selling in the broader market - over 1 year ago
The prime reason for the FPIs' sustained interest in the infrastructure stocks is the improving order prospects and revenue visibility of the companies. For instance, Larsen & Toubro, India’s largest infrastructure company, reported 14% year-on-year increase in prospective orders at Rs 4.9 lakh crore as of December 2022.
Economic Times

Japan's Nikkei slips on hawkish Fed outlook - over 1 year ago
In the near term, "it's hard to think that there would be some development that would drive the Nikkei to regain 28,000", said Maki Sawada, a strategist at Nomura Securities, who expects the index to stick to its recent range around 27,500 this week
Economic Times

European shares open higher, retailers jump - over 1 year ago
U.S. inflation data came in hotter than expected fuelling bets that the Federal Reserve will continue to raise rates. Headline price pressures in the eurozone have shown signs of easing recently, but worries lingered that inflation could be stickier than previously anticipated
Economic Times

Rs 10 lakh crore gone! 10 factors why Sensex is down 2,400 points in 7 days - over 1 year ago
Fear gauge index India VIX shot up another 5% as selling was seen across sectors. Sectoral indices of IT, metals and media lost in between 2-4% each.
Economic Times

ZEEL shares slump 10% despite NCLAT relief. Here's why - over 1 year ago
During the proceedings, senior advocate Mukul Rohatgi representing ZEEL, submitted that insolvency was initiated against the media firm for being a corporate guarantor for a loan provided to Siti Networks.
Economic Times

SpiceJet jumps 6% after board approves raising Rs 2,500 crore via QIP - over 1 year ago
​​The company's board has also approved issuing equity shares of $29.5 million on a preferential basis to Carlyle Aviation Partners as part of the proposed restructuring plan reached with the lessor.
Economic Times

ITC’s climb to a record high shows investor hunt for India stability amid Adani woes - over 1 year ago
It’s the best-performing stock in the NSE Nifty 50 Index with a 15% gain this year, pushing its market value to nearly $57 billion. Its climb has accelerated this month, as US short seller Hindenburg Research’s allegations against the Adani Group has made Adani Enterprises Ltd. and Adani Ports & Special Economic Zone Ltd. the index’s worst performers.
Economic Times

Paytm stock jumps over 5% in early trade. What's happening? - over 1 year ago
The consolidated revenue from operations increased 42% year-on-year (YoY) to 2,062 crore, driven by an increase in merchant subscription revenues, growth in loan distribution and momentum in commerce business.
Economic Times

Weekly Top Picks: 5 stocks with consistent score improvement and upside potential of up to 31 % - over 1 year ago
In the last month, while the nifty has corrected and bears have been having a field day, there are still some pockets where stocks have seen an improvement in their analysts' score. 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.
Economic Times

Nandan Nilekani family-backed Divgi TorqTransfer fixes price band for IPO. Details here - over 1 year ago
Divgi is an automotive component maker, having 3 manufacturing and assembling facilities located across India. The company is one of the leading players supplying transfer case systems to automotive original equipment makers in India, and the largest supplier of transfer case systems to passenger vehicle manufacturers in India.
Economic Times

Chart Check: Over 20% rally in a month, this smallcap stock is a good buy on dips stock; here’s why - over 1 year ago
The Relative Strength Index (RSI) is placed at 58.3. RSI below 30 is considered oversold and above 70 is considered overbought, Trendlyne data showed. MACD is above its Center Line, but below the signal line.
Economic Times

Zomato's Deepinder Goyal confident of 10x profit in five years, becoming 100 bn dollar company by 2030 - over 1 year ago
Zomato 's Deepinder Goyal speaks about the company's path to profitability in a chat with ET NOW's Managing Editor Nikunj Dalmia. "Confident of 10x profit in five years and becoming a 100 bn dollar company by 2030," he said.
Economic Times

Fundamental Radar: Prestige Estates Projects is a preferred Pick in the real estate sector - over 1 year ago
"Prestige Estates is well-positioned to benefit from solid traction in the residential real estate market owing to its leadership positioning in key metro cities. It is currently trading at an EV/EBITDA and P/B of 9.7x and 1.6x its FY2025E earnings which is lower than its comparable peers and below its Net Asset Value," Ronald Siyoni - Associate Vice President – Sharekhan, said.
Economic Times

Adani stocks market cap slips below Rs 7 lakh crore mark in non-stop selloff - over 1 year ago
In the meantime, the Adani Group has begun discussions with global credit funds to raise up to $400 million in debt against assets of a key coal port that makes up a large portion of the conglomerate's Australian exports of the solid fossil fuel from the controversial Carmichael mine, ET reported.
Economic Times

Adani Green among 9 companies to see sharp rise in promoter pledge last 1 year - over 1 year ago
Shares of Adani Green have plunged more than 74% since the report was released and hit fresh 52-week lows. The quantum of losses have been similar or a little more for the other group companies.
Economic Times

Bearish Trade: This OMC stock is set for a correction - over 1 year ago
This stock peaked in October of 2021. Thereafter, it has been forming a series of lower highs and lower lows, till it formed a double bottom at Rs 290. The price has now breached the rising trendline support and is expected to test its previous bottom. The price is sustaining below the trendline support which increases the likelihood of a breakdown.
Economic Times

Monday blues! Sensex falls over 400 pts in early trade; Nifty below 17,400 - over 1 year ago
From the Sensex pack, Tech Mahindra, Airtel, Infosys, Maruti and Tata Steel were the top laggards, falling over 1%. On the other hand, Asian Paints, Nestle, SBI, Titan are trading in green.
Economic Times

Bajaj Auto falls 4% on report of plans to cut production - over 1 year ago
Bajaj Auto did not respond immediately to Reuters' request for comment on the Economic Times report, which said that the cut would reflect pressure in Nigeria, a key export market.
Economic Times

Stocks to buy or sell today: 7 short-term trading ideas by experts for 27 February 2023 - over 1 year ago
Amid weak global cues and stress over the trajectory of future rate hikes by central banks, the domestic equity market continued its downward trajectory of last week on Monday. While bank stocks showed resilience in morning, IT stocks were the worst affected.
Economic Times

Stock Radar: Up 16% so far in 2023! This Sensex stock is on track to hit Rs 400 in short term - over 1 year ago
The stock price of the diversified FMCG player hit a fresh record high of Rs 394 on February 23, 2023 but it failed to hold on to the gains and slipped towards Rs 384 on 24 February.
Economic Times

Adani isn't the only Indian tycoon in trouble; there's another storm brewing - over 1 year ago
The next few weeks will be crucial for fundraising. If it fails, the issuer’s B- credit rating, already deep in the junk-bond category, could come under pressure, S&P said this month. Adani’s net debt pile of $24 billion may be three times as large as Agarwal’s, but his bonds are still rated at the lowest rung of investment grade.
Economic Times

Monday blues! Sensex falls 300 pts in early trade; Nifty below 17,400 - over 1 year ago
From the Sensex pack, Tech Mahindra, Airtel, Infosys, Maruti and Tata Steel were the top laggards, falling over 1%. On the other hand, Asian Paints, Nestle, SBI, Titan are trading in green.
Economic Times

Turnaround stocks: Adani Enterprises among 10 companies that returned to profit in Q3 - over 1 year ago
The third major sector, the Services sector, is expected to grow at 8.8 per cent in 2022-23, higher than pre-COVID average growth. The sector constitutes nearly 36 per cent of GSVA in 2022-23.
Economic Times

Sensex falls over 250 pts, Nifty below 17,400; IT stocks worst hit - over 1 year ago
Indian equity indices opened lower, starting the week on a somber note amid weak global cues. Key economic data, including the GDP numbers that will be released later this week, and global cues will likely dictate the market trend going forward. The 30-share BSE benchmark Sensex declined 300 points or 0.52% at 59,157. The broader NSE Nifty dropped 90 points or 0.52% at 17,373.
Economic Times

Billionaire Sunil Mittal seeks stake in Paytm; looks to merge Payments Bank into Paytm Payments Bank: Report - over 1 year ago
Billionaire Sunil Mittal has sought a stake in Paytm. According to agency reports, Sunil Mittal has sought to fold Airtel Payments Bank into Paytm Payments Bank in stock deal. It is learnt that the telecom tycoon and founder of Bharati Airtel is eyeing Paytm stocks owned by other shareholders in the market - Bloomberg reported citing sources. ET NOW with all the details.
Economic Times

A second-half stock-market rally is still in play despite rout - over 1 year ago
The S&P 500 Index is coming off its worst week since Dec. 9, as hotter-than-forecast inflation data boosted speculation that the Fed will lift borrowing costs several more times, potentially pausing in July. That’s a steeper path of policy tightening than investors were bracing for just a few weeks ago.
Economic Times

Adani isn’t the only Indian tycoon in trouble: Andy Mukherjee - over 1 year ago
The next few weeks will be crucial for fundraising. If it fails, the issuer’s B- credit rating, already deep in the junk-bond category, could come under pressure, S&P said this month. Adani’s net debt pile of $24 billion may be three times as large as Agarwal’s, but his bonds are still rated at the lowest rung of investment grade.
Economic Times

Asia stocks feel rate pain, dollar on a roll - over 1 year ago
China has manufacturing surveys and the National People's Congress kicks off at the weekend and will see new economic policy targets and policies, as well as a reshuffling of government officials.
Economic Times

Buy or Sell: Stock ideas by experts for February 27, 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 Gujarat Gas and ONGC while Manoj Murlidharan has a buy/sell recommendation on Tata Motors and HDFC Bank for today's trading session. Check out the targets and stoploss.
Economic Times

A Second-Half Stock-Market Rally Is Still in Play Despite Rout - over 1 year ago
The S&P 500 Index is coming off its worst week since Dec. 9, as hotter-than-forecast inflation data boosted speculation that the Fed will lift borrowing costs several more times, potentially pausing in July. That’s a steeper path of policy tightening than investors were bracing for just a few weeks ago.
Economic Times