Trade Preference: Plan to standardise format - over 1 year ago
At present, clients have to give separate authorisation in case they want to trade on different stock exchange for the same segment or on different segment.
Economic Times

Hot Stocks: These stocks to return 10-18% as per analysts’ price targets - over 1 year ago
Stock has consolidated near Rs 360-375 and currently has indicated a bullish candle pattern. Much upside potential; attractive on charts
Economic Times

Carlyle to sell 2.53% in Delhivery today - over 1 year ago
Carlyle, through an entity named CA Swift Investments, is offering 18.4 million shares of Delhivery at a price of ₹385.5 per share, a discount of 0.8% to the stock's closing price of ₹388.6 per share on the National Stock Exchange on Wednesday.
Economic Times

Zee settles case with Sebi, pays Rs 7 lakh - over 1 year ago
The regulator had conducted an examination in the shares of ZEE for period between January 1, 2019 to December 26, 2019 to ascertain any possible violation of its insider trading and takeover rules.
Economic Times

PTC India Fin Services CMD Pawan Singh sent on leave - over 1 year ago
PFS, which has been battling allegations of corporate governance lapses, has in the past year and a half seen resignations by several independent directors and got show-causes notices from both the stock market and banking regulators.
Economic Times

Higher rates needed to curb inflation: Powell - over 1 year ago
It may make sense to continue moving rates higher in the coming months, but at a more moderate pace, Powell said in response to lawmakers' questions about the Fed's plans. The timing of additional hikes will be based on incoming data, he said in his opening statement.
Economic Times

Financials, capital goods & auto stocks net over 90% of FPI inflows in June - over 1 year ago
Almost 92% of FPIs inflow between June 1 and 15 went into just three sectors: financial services, capital goods, and auto, which have been favourites of overseas fund managers since the beginning of the year.
Economic Times

Sebi restricts 135 from accessing market over stock manipulation - over 1 year ago
The five companies referenced in the order are Mauria Udyog Ltd., 7NR Retail Ltd., Darjeeling Ropeway Company Ltd., GBL Industries Ltd. and Vishal Fabrics Ltd.
Economic Times

Stock Radar: Grasim Industries on verge of a breakout from Triangle pattern; time to buy? - over 1 year ago
A breakout may lead to the stock reaching around ₹2,000 in 4-8 weeks. Short-term traders are advised to accumulate the stock in the range of ₹1,750-1,800. The upper trendline of the triangle is formed by connecting the highs of December 2022, May, and June. Grasim Industries is currently trading above 10, 30, 50, 100, and 200-DMA on the daily charts.
Economic Times

Wall Street slips as Powell hints at further rate hikes - over 1 year ago
The Nasdaq composite index registered the biggest decline among the three major stock indexes because of a dip in interest-sensitive stocks like Tesla Inc, Microsoft Corp and Nvidia Corp. Powell stated that more interest rate increases could be expected if the economy continued to perform well.
Economic Times

Sebi proposes standard format on trading preference for different exchanges - over 1 year ago
Existing clients must be offered access to all active exchanges for the segments they have already opted for. Clients will have the option to opt-out of such access. The rules will come into effect from 1 August 2023, while exchanges must monitor this circular's implementation through a half-yearly internal audit and inspection of the stock brokers.
Economic Times

Insider trading breach: Zee Ent settles case with Sebi, pays Rs 7 lakh - over 1 year ago
MUMBAI - Zee Entertainment Enterprises has reached a settlement with the Securities and Exchange Board of India (Sebi) with respect to alleged insider trading norm breach in 2019, and has paid Rs 700,000 towards the same.
Economic Times

SEBI issues circular to standardise the format of trading preferences; here's all you need to know - over 1 year ago
SEBI News: Securities and Exchange Board of India (SEBI) has issued a circular to standardize the format of trading preferences
Economic Times

Power stocks shine amid market consolidation: Is it a cause for concern? - over 1 year ago
Power stocks have been defying the downward trend of the overall market, surging to new heights due to their stability, the ongoing global shift towards renewable energy sources, and investor focus on environmental, social and governance (ESG) factors. The Government of India's ambitious target of achieving 450 GW of renewable energy capacity by 2030, coupled with initiatives such as the PM-KUSUM and Green Energy Corridor projects, have further contributed to this trend.
Economic Times

Piramal Ent sells stake in Shriram Finance for Rs 4,823 cr; Morgan Stanley, JP Morgan among buyers - over 1 year ago
Brokerage data shows that strong institutional interest prompted significant buy-ins from ABSL Mutual Fund, Blackrock, Goldman Sachs and Morgan Stanley, among others. Shriram Finance, formed via the merger of Shriram City Union Finance and Shriram Capital into Shriram Transport Finance, offers commercial vehicle, business and gold loan services.
Economic Times

FPIs focus on capex and consumption themes - over 1 year ago
FPIs have invested nearly $5 billion in infrastructure segments including capital goods, and construction and related sectors and a similar amount in FMCG, consumer durables and telecom over the past twelve months. In addition, the automobile sector, which is considered as nondiscretionary, has attracted $3.26 billion of investment. The cumulative weight of infrastructure and consumption play in the FPI equity portfolio reached a multi-year high of 29.6% at the end of the first fortnight of June 2023, the data from NSDL showed
Economic Times

​Market Trading Guide: Bharti Airtel, Blue Dart among 6 stock recommendations for Thursday​ - over 1 year ago
Amid FPI buying and mixed global market mood, Indian equity indices managed to close at record highs after Sensex scaled to new high in intraday trade. Nifty ended at 18,857, up 0.21%, while Sensex notched a fresh closing high of 63,523. Meanwhile, broader markets also continued to show vigor. Sectorally, the financial services pack led the gains, while the metal index was the top loser.“The underlying trend of Nifty continues to be positive with range-bound movement. A decisive move above 18,900 levels is expected to open the next upside towards 19100-19200 levels in the near term. Immediate support is at 18730 levels,” said Nagaraj Shetti, Technical Research Analyst at HDFC Securities.Here are the stock recommendations for Thursday:
Economic Times

SEBI issues circular to standardize the format of trading preferences; here's all you need to know - over 1 year ago
SEBI News: Securities and Exchange Board of India (SEBI) has issued a circular to standardize the format of trading preferences
Economic Times

Fed Chair: May make sense to raise rates but at 'more moderate pace' - over 1 year ago
The US Federal Reserve is expected to continue raising interest rates but at a less aggressive pace, according to Fed chair Jerome Powell. While FOMC participants predict further rate rises by the end of the year, Powell suggested it "makes sense" to increase the pace gradually.
Economic Times

Madras High Court issues notice to Sebi official, CVC on PIL in NSE co-location case - over 1 year ago
The Madras High Court has issued notices to Sebi's Whole-Time Member SK Mohanty and Central Vigilance Commission (CVC) regarding the NSE co-location scam on a petition filed by Chennai Financial Markets Accountability (CFMA). The Chennai-based group accused Sebi of intentionally misdirecting and derailing the investigation into the scam related to the alleged improper dissemination of information from the computer servers of the market exchanges to the stock brokers. CFMA had filed a complaint with CVC seeking an inquiry against Mohanty for his misdeeds during his tenure as a public servant with Sebi.
Economic Times

Shriram Finance, HDFC AMC’s investability weightage increases in FTSE World index - over 1 year ago
FTSE Russell, the index aggregator, has increased the investability weightages for Shriram Finance and HDFC Asset Management Company in the FTSE All World index after shares were sold by institutional investors in both companies. The investability weight of Shriram Finance has increased to 74.63% from 66.30%, while HDFC Asset Management's weight has increased to 47.10% from 36.89%. The change in the weighting follows the sale of shares by Piramal Enterprises in Shriram Finance and Abrdn Investment Management in HDFC AMC.
Economic Times

US stocks drop as Powell doubles down on inflation fight - over 1 year ago
The real estate sector was the biggest decliner, with a drop of 0.8%. Investors still expect only one rate hike of 25 basis points in July by the US central bank for the rest of the year. Crypto firms including Coinbase, Marathon Digital and Bit Digital, rose 2.6% to 9% as bitcoin prices increased. Shares of Chinese electric vehicle leaders Li Auto, Nio and Xpeng rose after China announced $72.3bn worth of tax breaks for green vehicles.
Economic Times

Rs 144 crore wrongful profit! Sebi finds stock manipulation in 5 smallcaps - over 1 year ago
The regulator has issued interim order-cum-showcause notices, restraining 135 entities from accessing the securities market on alleged manipulation of shares of 5 smallcaps
Economic Times

Rs 126 crore wrongful profit! Sebi finds stock manipulation in 5 smallcaps - over 1 year ago
The regulator has issued interim order-cum-showcause notices, restraining 135 entities from accessing the securities market on alleged manipulation of shares of 5 smallcaps
Economic Times

Carlyle to sell entire stake in Delhivery via block deal: Report - over 1 year ago
​Under the proposed deal, Carlyle will shed about 1.84 crore shares or 2.53% stake in the company. The offer price is set at Rs 385.5 apiece, which is at a minor discount of 0.6% from the last traded price. Through the stake sale, Carlyle is likely to earn about Rs 709 crore.
Economic Times

Fed's Powell, in testimony, says inflation fight has 'long way to go' - over 1 year ago
Federal Reserve Chair Jerome Powell has warned it will be a long process to bring inflation down from highs of 7% last year to the US central bank's target of 2%, but said he is "strongly committed" to that goal. The central bank held back from further interest rate rises at its recent policy meeting, reflecting doubts it will deliver more hikes beyond its July session. Powell is due to appear before the Senate Banking Committee today as part of his twice-yearly reports to lawmakers.
Economic Times

Zee Entertainment settles insider trading breach case with Sebi, pays Rs 7 lakh - over 1 year ago
The case pertained to delayed disclosure of invocation of pledged shares to the exchanges, which meant the company violated the prohibition of insider trading norms.
Economic Times

Tech View: Nifty forms Doji candle ahead of Thursday expiry. What traders should do - over 1 year ago
Nifty formed a Doji-type candle on Wednesday, indicating indecisiveness and volatility at highs, according to Ashwin Ramani, Derivatives & Technical Analyst at SAMCO Securities. A close below the Doji candle low may prompt profit booking while a close above the Doji candle high could lead to new longs. Bank Nifty, meanwhile, has consolidated around the 20-Day Exponential Moving Average for five consecutive days, indicating that a decisive move in either direction could signal future direction. Analysts suggest that the support level is 18,700, while a rally above 19,000 is expected to lead to gains.
Economic Times

Fisdom partners with Smallcase to offer differentiated investment products to investors - over 1 year ago
Fisdom has partnered with smallcase to offer curated baskets of stocks and ETFs to its customers, helping them build cost-effective and diverse portfolios easily. This collaboration with smallcase will provide access for Fisdom clients to strategies from multiple research and advisory firms and smallcase managers. Fisdom is enhancing its broking platform and expanding the range of offerings for investors. Their customers can get an in-depth overview of the portfolio, methodologies, and relevant ratios and graphs to make an informed decision while choosing smallcases.
Economic Times

These 6 auto stocks touch new 52-week high, do you own any? - over 1 year ago
On Wednesday, the Sensex experienced a 195-pt increase and concluded at 63,523. Within this rally, 9 stocks listed on the BSE auto index reached new highs for the past 52 weeks. The 52-week high holds significance for specific traders and investors since it acts as a crucial technical indicator for evaluating a stock's present worth and predicting future price fluctuations. It signifies the maximum price at which a stock has been traded in the preceding year
Economic Times

India: A compelling investment destination with 3 G's, says Nilesh Shah - over 1 year ago
India introduced yoga to the world, and today it has become a global trend. In a similar vein, India's markets also hold a remarkable allure and attractiveness for investors worldwide.
Economic Times

Breakout Stocks: How Aether Industries, Poonawalla Fincorp and Shriram Finance are looking on charts for Thursday - over 1 year ago
The Indian stock market closed at a record high on Wednesday, with the S&P BSE Sensex hitting a fresh intraday high of 63,588. While some profit booking was seen in certain sectors, including metal, FMCG, realty, and auto stocks, buying was observed in utilities, power, telecom, and oil & gas stocks. Notably, three stocks, Aether Industries, Poonawalla Fincorp, and Shriram Finance, either saw a volume or price breakout and were in focus.
Economic Times

Latent View, Union Bank among 5 stocks to fall below 100-day SMA - over 1 year ago
Indiabulls Real Estate, Solar Industries India, Oil India, Latent View Analytics and Union Bank of India have closed below their 100-day Simple Moving Average (SMA), indicating potential weakness and a bearish trend. Indiabulls Real Estate and Union Bank of India are prominent players in their respective industries, whereas Solar Industries India is an explosives manufacturer, Oil India is involved in exploration and production, and Latent View Analytics is a data analytics firm. Investors should monitor factors specific to each company and industry when evaluating these stocks. Thorough research and analysis are crucial for making well-informed investment decisions.
Economic Times

Flows vs Fundamentals: Kotak Equities says FPI inflows don’t mean risk-reward favourable - over 1 year ago
Passive foreign capital flows have been a driving force for strong foreign exchange inflows into Indian equity, though a bulk of these seem passive in nature, according to Kotak Institutional Equities. Passive ETF inflows from foreign households suggest expectations of certain returns, which may or may not materialise, says the report, and inflows from mutual funds likewise may reflect anticipations of equity returns related to other assets. Kotak argues the inflows cannot be inferred as a consequence of changing fundamentals. The strong passive inflows also appear to be top-down in nature.
Economic Times

Mazagon Dock market cap crosses Rs 25,000 crore. First ship-building company to achieve feat - over 1 year ago
Mazagon Dock Shipbuilders has become the first ship building firm to exceed a market capitalisation of INR 25,000 crore ($3.3bn), with INR26,461.73 crore, making it one of 212 BSE companies to have achieved such a threshold. The security hit a 52-week high of INR1,337.70, with 42 lakh shares traded on BSE and NSE. With a 441% return on investment over the past 12 months, the company has been trading with relatively high volatility over the past month due to a beta of 2.09, according to data from Trendlyne.
Economic Times

Sensex, Nifty log record closing highs on sustained foreign inflows - over 1 year ago
From the Sensex pack, Power Grid, HDFC, and HDFC Bank were the top gainers, rising 1.5-4%. Tech Mahindra, TCS, Wipro, Reliance, and Bharti Airtel also closed with gains. Whereas, M&M, ITC, IndusInd Bank, Axis Bank, Maruti and Bajaj Finance closed in the red.
Economic Times

Sensex rises 195 pts, Nifty above 18,850; Blue Dart jumps 7%, Power Grid 4% - over 1 year ago
Closing Bell: Sensex rises for 2nd day, ends 195 pts higher; Nifty above 18,850; Blue Dart jumps 7%, Power Grid 4%.
Economic Times

2 Tata group stocks to trade ex-dividend on Thursday. Do you own any? - over 1 year ago
Tata Elxsi and Tata Steel will trade ex-dividend on Thursday. Tata Elxsi has announced a final dividend of 606% at Rs 60.60 per share for the financial year 2022-23, with June 23 as the record date. Tata Steel's board has recommended a dividend of Rs 3.60 per share for the financial year ended March 2023. Tata Elxsi offers design and technology services across industries, with its shares up 23% year-to-date. Tata Steel is among the top global steel companies, with an annual crude steel capacity of 35 million tonnes per annum.
Economic Times

India: A compelling investment destination with 3 Gs, says Nilesh Shah - over 1 year ago
India's markets are attractive to investors seeking lucrative opportunities due to its growth prospects, superior governance standards, and commitment to environmental sustainability, according to Nilesh Shah, Managing Director of Kotak AMC. Over the last two decades, India's market has delivered returns 1.5 times higher than comparable markets, instilling investor confidence. India's governance standards surpass its peer group, with better practices providing a favorable environment for long-term investment. India's efforts towards a green transformation, promoting renewable energy and curbing carbon emissions, also align with global efforts towards sustainability, making it an enduring investment destination.
Economic Times

Doji patterns in Tata Motors DVR and eClerx Services. Spot investment opportunities - over 1 year ago
Tata Motors DVR and eClerx Services have displayed Doji and Near Doji candlestick patterns, respectively. These suggest market indecision and investors should analyze factors such as financial performance, market trends, and industry dynamics, among others, before making investment decisions. Tata Motors is a popular Indian automobile firm that offers DVR shares with a unique investment opportunity, while eClerx is a leading global provider of business process management and data analytics solutions. Potential investors must conduct thorough research and utilize various fundamental and technical analysis tools before investing.
Economic Times

Stock watch: Lupin zooms 4% after receiving gSpiriva approval from USFDA - over 1 year ago
Lupin, a leading pharmaceutical company, is nearing its 52-week high level, attracting attention from investors. With a 1-year high of Rs. 885.3 and a current price of Rs. 879.9, Lupin's consistent performance is testament to its strong position in the market.
Economic Times

Tata Motors DVR, Tata Communications among 5 stocks with bullish harami cross pattern - over 1 year ago
The Bullish Harami Cross pattern has been observed in the technical charts of Tata Motors DVR, Tata Communications, GR Infraprojects, Star Cement, and Adani Enterprises, indicating potential reversals in the bearish sentiment. Investors should consider factors such as financial performance, market trends, and industry dynamics before making any investment decisions. Thorough research and analysis of key indicators are essential to positioning for success. Additionally, the Bullish Harami Cross pattern should be evaluated alongside other fundamental and technical analysis tools to make informed investment choices.
Economic Times

Small & Midcap index hit fresh record highs! Rohit Srivastava highlights top 5 themes - over 1 year ago
Mid and small-cap stocks have hit record highs in India. IndiaCharts.com recommends focusing on the manufacturing sector for small companies expanding in areas such as electrical boards and exploring innovative approaches instead of labor arbitrage. Investors should concentrate on individual stocks within sectors like pharma or IT and seek potential opportunities in the "Make in India" initiative and the power ECG sector. Verifying the stock's strength and sustainability is crucial, even within the mid and small-cap space.
Economic Times

​Central Bank of India among 3 stocks giving 'buy' signal via SuperTrend indicator​ - over 1 year ago
Supertrend indicator helps traders by giving a relatively precise buy or sell signal in a trending market. StockEdge data shows the stocks that are signalling a buy. Remember ATR or average true range considered here on a default basis is 10 days and the multiplier is 3.
Economic Times

Sensex@record high, but how far is 1 lakh? Here's what experts say - over 1 year ago
India's benchmark Sensex has hit a new record high after nearly eight months of consolidation, boosted by easing inflation and consistent foreign inflows. The index has risen around 4% this year and surpassed the 63,588 mark set in December 2020, thanks to the outperformance of capital goods, FMCG and PSU stocks. If the monsoon season does not adversely affect it, the rest of 2021 will be positive for Indian equities and will raise questions about the next target of 100,000, which is more likely considering the robust underlying fundamentals.
Economic Times

Impressive turnaround! 7 BSE smallcap stocks display remarkable recoveries from 52-week lows - over 1 year ago
BSE Smallcap stocks such as Cera Sanitaryware, Dynamatic Technologies, PTC Industries, Bharat Bijlee, Ingersoll-Rand, Kirloskar Industries, and KEI Industries have demonstrated resilience and remarkable recoveries from their 52-week lows, showcasing potential for growth. Each company has reportedly exhibited a significant rebound and attracted investor confidence, reflecting their strong fundamentals and growth potential.
Economic Times

Adani Total Gas, PVR Inox among 6 Nifty500 stocks approaching 52-week low - over 1 year ago
Several Nifty 500 stocks are approaching their 52-week lows, presenting potential value opportunities for investors. PVR Inox, Page Industries, Adani Total Gas, Sunteck Realty, Rajesh Exports, and Voltas are some of the noteworthy names in this category. With a belief in the long-term potential of their respective sectors, investors may find these companies attractive entry points. PVR Inox and Sunteck Realty represent the entertainment and real estate sectors, while Adani Total Gas and Voltas operate in energy and engineering and air conditioning industries. Page Industries and Rajesh Exports are prominent names in the apparel and jewelry sectors, respectively.
Economic Times

APL Apollo, Aether among 10 BSE small cap stocks to hit 52-week highs - over 1 year ago
Investors seeking potential investment opportunities in the BSE Small Cap segment can consider the top small-cap stocks that have hit their 52-week highs. The article presents a list of ten companies from diverse sectors that have shown remarkable growth and are positioned well for future growth. These companies include APL Apollo Tubes, Astra Microwave Products, and Bharat Dynamics, among others. However, it is crucial to conduct thorough research and seek expert advice before making any investment decisions to mitigate risks involved.
Economic Times

European shares fall on real estate drag, UK stocks slide after CPI data - over 1 year ago
British consumer price index defied expectations of slowing and held at 8.7% in May. The data came a day before the Bank of England is forecast to raise interest rates for the 13th time in a row.
Economic Times

Nikkei reverses course to end higher on bargain-buying; SoftBank leads - over 1 year ago
Japan's Nikkei share average ended 0.56% higher after investors bought up cheap shares of SoftBank Group, Advantest and Tokyo Electron. SoftBank rose 3.68% on news of a shift in focus to "offense mode", according to CEO Masayoshi Son, with enthusiasm around artificial intelligence advances. The indices initially tracked Wall Street losses then rose on investors' appetite to buy on dips. The railway sector gained 1.63% and insurance bounced back from the previous day's 5% drop with Tokio Marine rising 2.57% and the insurance sector up 2.73%. Silicon wafer maker Shin-Etsu Chemical dragged the index down.
Economic Times