European shares rise ahead of key economic data due in the week - over 1 year ago
The pan-European STOXX 600 index gained 0.7%, with miners and autos leading the gains, climbing 2.4% and 1.9%, respectively.The International Monetary Fund (IMF) will release its latest outlook for the global economy at 1300 GMT amid a gathering of olicymakers at the IMF World Bank Spring meetings
Economic Times

Unfazed by Hindenburg! LIC hikes stake in 4 Adani stocks - over 1 year ago
Even as the market value of the Nifty stock was reduced to less than half in the quarter, LIC picked up 357,500 shares of the Adani company. The PSU insurer's stake in Adani Enterprises has gone up from 4.23% in the December quarter to 4.26% at the end of March.
Economic Times

9 out of 10 equity largecap mutual funds underperformed in 2022 - over 1 year ago
According to the report, the S&P BSE India Government Bond Index increased by almost 3% in 2022. Interestingly, less than one-third of active managers beat the benchmark in 2022, with an underperformance rate of 68%. Indian composite bond funds fared the best in the same period, with only 45% underperforming the S&P BSE India Bond Index.
Economic Times

LIC appoints Ratnakar Patnaik as Chief Investment Officer, PC Paikray as Chief Risk Officer - over 1 year ago
Patnaik had joined LIC as a Direct Recruit Officer in September 1990. During the last thirty two years, he has worked across four Zones, mostly in marketing assignments. He headed Indore and Jamshedpur Divisions as Senior Divisional Manager and served as Regional Manager (CLIA) in the Eastern Zone for three years
Economic Times

Capital goods index hits all-time high. Will the bullish run continue? - over 1 year ago
"Despite challenges from the export side and commodity inflation, capital goods companies have clocked strong volumes. In FY23, particularly in the fourth quarter, EPC companies have received strong orders across the board from government capex and power transmission etc.," said Amit Anwani - Research Analyst, Prabhudas Lilladher.
Economic Times

Why Jefferies sees 92% upside in Zomato stock despite EBITDA concerns - over 1 year ago
“New grants are declining sharply, and Zomato is no longer a startup that needs to overly rely on ESOPs. The existing pool seems sufficient for several years,” it said. It also stated that further ESOPs would need more than 75% shareholder approval, and investors will have a strong say
Economic Times

Chart Check: Strong base formation seen in Sun Pharma; stock could likely to cross Rs 1,100 - over 1 year ago
Every time the pharma stock tested this crucial moving average, the stock showed signs of upwards momentum. As long as the stock holds on to 200-DMA or near 950 levels, bulls should remain in control, suggest experts.
Economic Times

1 day to go for AIF & PMS Conclave 1.0! Top money managers to share investing strategies - over 1 year ago
India's largest conclave on alternate investing and portfolio management services is being organised by AIF & PMS Experts India with ETMarkets as the media partner. The event would also be available on ETMarkets Live Stream platform.
Economic Times

These largecaps have ‘Strong Buy’ & ‘Buy’ reco and upside potential of more than 25% - over 1 year ago
As the NIFTY and broader market recovers, analysts are bullish on select large cap stock. Making to the list are a host of financial institutions and PSU banks which had seen a correction in line with correction in global financial sector stocks. But in the last few days they have also seen recovery as fears of global trouble recede. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". The screener applies different algorithms for all BSE and NSE stocks. This predefined screener is only available to ET Prime users.
Economic Times

From mediocre to masterstroke! Industrial stocks join the elite club, will they stay long? - over 1 year ago
“A few stocks in capital goods and engineering space exhibiting sustainable growth attributes have outperformed in the recent past and moved up into the high optimism zone along with consumption as incremental growth emanates from the investment cycle,” the brokerage said.
Economic Times

Momentum Pick: Zydus Lifesciences can gain 8-20% based on these technical, fundamental triggers - over 1 year ago
Zydus Lifesciences has given returns of more than 35% over a 12-month period outperforming the Nifty50 which has given 1% returns during this period according to data sourced from Trendlyne.
Economic Times

Top Nifty IT stocks analysts recommend to buy and hold - over 1 year ago
The Q4 earning season will get started with TCS announcing its result. This will bring IT stocks back in the limelight and action is bound to happen. The reason IT was a sector which did extremely well in covid and it's the one which witnessed correction at the first instance when the rate tightening cycle started in early part of 2022. Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores.
Economic Times

Unfazed by Hindenburg! LIC bought 3.5 lakh shares of Adani Enterprises in March quarter - over 1 year ago
Even as the market value of the Nifty stock was reduced to less than half in the quarter, LIC picked up 357,500 shares of the Adani company. The PSU insurer's stake in Adani Enterprises has gone up from 4.23% in the December quarter to 4.26% at the end of March.
Economic Times

1 day to go forAIF & PMS Conclave 1.0! Top money managers to share investing strategies - over 1 year ago
India's largest conclave on alternate investing and portfolio management services is being organised by AIF & PMS Experts India with ETMarkets as the media partner. The event would also be available on ETMarkets Live Stream platform.
Economic Times

Up 300% in 3 years! This multibagger stock climbs 4%; here's why - over 1 year ago
Technically, Future Retail is trading below four out of eight SMAs. The stock traded lower than the 30-day, 50-day, 100-day, and 150-day moving averages but higher than the 5-day, 10-day, 20-day, and 200-day moving average.
Economic Times

Sectoral Spotlight: Metals in focus as Q4FY23 earnings season kicks-off; watch out for SAIL, Hindalco - over 1 year ago
Brokerage firm PhillipCapital is optimistic about the sector, estimating a robust Q4FY23 quarter for almost all metal companies. It has also identified stocks in ferrous, non-ferrous space that are expected to perform well.
Economic Times

Adani rout has retail investors snapping up group’s stocks - over 1 year ago
Individual investors raised their holdings in eight of the 10 companies related to the ports-to-power group in the three months through March, including its flagship firm Adani Enterprises Ltd. and a key unit that handles a big chunk of India’s ports, according to regulatory filings.
Economic Times

5 midcap stocks that have beaten volatile markets can rise up to 31%, according to analysts - over 1 year ago
As the nifty is on a path of recovery, some segments of mid-cap stocks started to see recovery. From a logistics player to the first new age company which got listed close a decade ago and now belongs to India’s largest private sector group. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market.
Economic Times

5 PSU bank stocks to buy ahead of Q4 earnings - over 1 year ago
Ahead of Q4 results, domestic brokerage firm Motilal Oswal has selected a few PSU Bank stocks which have the strength to deliver good returns. The brokerage firm believes that stocks like Canara Bank, Bank of Baroda and SBI will provide good opportunities to investors. Here is a list of 5 PSU Bank stocks to buy ahead of Q4 earnings, according to Motilal Oswal:
Economic Times

FIIs bought & sold stocks from these sectors ahead of Q4 earnings season - over 1 year ago
"This is likely to reverse in FY24 since India has the best growth potential in FY24. Even though Indian valuations are relatively expensive, they have turned reasonable now and in tune with the long-term premium enjoyed by India," said Dr VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Economic Times

New BOJ head says banks stable, rules out major policy shift - over 1 year ago
A shift toward less lax monetary policy would be tricky given the massive holdings of Japanese government bonds the BOJ has acquired as it sought to keep interest rates low and inject money into the economy.
Economic Times

Bank of Baroda shares rises over 4% on strong Q4 business update - over 1 year ago
The bank's total deposits stood at Rs 12.04 lakh crore as of March 2023, compared with Rs 10.45 lakh crore as of March 2022. Meanwhile, domestic deposits grew around 13% year-on-year (YoY) to Rs 10.47 lakh crore during the same period, while domestic CASA deposits grew 7.9% to Rs 4.42 lakh crore.
Economic Times

Kotak Mahindra Bank shares soar 6% on likely $690 million MSCI inflows - over 1 year ago
The action in Kotak Bank stock was high with over 36.8 lakh shares changing hands around this time. The stock has corrected from its 52-week high of Rs 1.997.55 which it hit in November 2022. It has marginally outperformed the Nifty50 index, giving returns of over 2% over a 12-month period as against a 0.3% gain seen in Nifty50, according to Trendlyne data.
Economic Times

At multi-year highs: L&T among 6 stocks that gave 5-year breakouts - over 1 year ago
In the NSE list of stocks with a market cap of over Rs 1000 crore, six stocks crossed their previous five-year high value at the close on April 10, suggesting bullishness in counters, according to stockedge.com's technical scan data. Take a look.
Economic Times

TCS among 5 stocks that jumped above their 200 DMAs - over 1 year ago
In the NSE list of stocks with a market cap of over Rs 10,000 crore, five stocks closed above their 200 DMAs (Daily Moving Averages) on April 10, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
Economic Times

Stocks to buy or sell today: 7 short-term trading ideas by experts for 11 April 2023 - over 1 year ago
"The winning streak continued for the sixth consecutive session on Monday, however, the traction was missing in key indices. This resulted in the formation of a neutral candlestick pattern on the daily chart known as Doji. The said pattern indicates some tentativeness and generally occurs after a sharp run-up or decline," Sameet Chavan, Chief Analyst-Technical and Derivatives at Angel One Ltd said.
Economic Times

Hot Stocks: Brokerages on Indigo, Bajaj Auto, Ashok Leyland, Tata Motors, and Bank of Baroda - over 1 year ago
The global investment bank expects an 11% quarter-on-quarter (QoQ) yield decline and adj. net profit of Rs 0.8 bn in Q4. “In Q4 '23, we expect IndiGo to see 45% year-on-year (YoY) (3% QoQ) growth in capacity, in-line with estimates”, it said.
Economic Times

Fundamental Radar: Federal Bank an attractive buy post Q4FY23 update; buy for a target of Rs 170 - over 1 year ago
"Federal Bank posted healthy growth in advances in Q4Fy23, aided by strong trends in both retail and wholesale books. We believe that improving loan growth, along with further re-pricing of floating loans, is likely to support margins, though we remain watchful of the rising cost of funds," Sneha Poddar, Associate Vice President at Motilal Oswal Financial Services Limited, said.
Economic Times

Sensex gains 200 points, Nifty above 17,650; Kotak Mahindra Bank rises 5% - over 1 year ago
Sensex jumps 200 points, Nifty above 17,650; Kotak Mahindra Bank rises 5%, BoB 3%; Sun Pharma, NTPC, Bajaj Finance are some of the gainers in the morning trade.
Economic Times

Death Crossovers: These 7 stocks signal bearishness on April 11 - over 1 year ago
In the NSE list of stocks, seven stocks with a market cap of over Rs 1,000 crore have been 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. The 50-day SMA of these stocks crossed below their 200-day SMAs on April 10. Take a look:
Economic Times

Big Movers on D-St: What should investors do with Tata Motors, L&T and Indian Hotels? - over 1 year ago
In the past, the stock failed to witness a strong follow-up move after such a gap-up rally and filled the positive gap subsequently with a gradual decline. The key technical indicators tested the overbought zone and in the absence of a follow-up move, they may reverse down.
Economic Times

Sensex rises 200 points, Nifty nears 17,700 ahead of March quarter earnings - over 1 year ago
From the Sensex pack, Kotak Mahindra Bank, Sun Pharma and Bajaj Finserv were the top gainers, rising about 1-4%. Nestle, SBI, NTPC, Bharti Airtel, and Tata Steel also opened with gains. On the flip side, TCS, Asian Paints, HDFC, ICICI Bank, HDFC Bank and IndusInd Bank saw some losses.
Economic Times

Asia stocks rise on hopes regional central banks hold steady on rates - over 1 year ago
Strong U.S. employment data published last Friday sparked expectations that the Fed may hike rates in May, but the 25 basis point rise now priced in by the market is smaller than what had previously been estimated, according to Ng
Economic Times

Stocks in focus: Vedanta, SBI and more - over 1 year ago
Nifty futures on the Singapore Exchange traded 26.5 points, or 0.15 per cent, higher at 17,711.50, signaling that Dalal Street was headed for positive start on Tuesday. Here are some stocks which are expected to see some action in trade today.
Economic Times

Buy or Sell: Stock ideas by experts for April 11, 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 Tata Chemicals and RBL Bank while Nooresh Merani has a buy/sell recommendation on UPL and BEL for today's trading session. Check out the targets and stoploss.
Economic Times

Buffett says he holds 7.4% stake in five Japanese trading houses, including Itochu-Nikkei - over 1 year ago
In an interview with the newspaper, Buffett also said he would visit Japanese trading houses and Tungaloy Corp offices during his stay in Japan this time. Berkshire Hathaway had more than a 6% stake in each of those five trading houses, according to regulatory filings made in November last year.
Economic Times

2 Tata stocks for a swing trade with potential gain of 4-6% - over 1 year ago
The markets on Monday saw volatility spiking with the Nifty ending the day with minor gains, having started the day on a positive note. The index is expected to show an upside amidst volatility in the next few days.
Economic Times

Tupperware shares slump 49% after hiring advisers to address concerns about its viability - over 1 year ago
Tupperware failed to file its 10-K for 2022, which likely puts it in violation of credit facility covenants. The company also has cash constraints due to higher interest costs and the timing of re-engineering actions.
Economic Times

Tata company for a long trade along with bullish option trade in M&M Financial - over 1 year ago
Over the past few months, the price of this company has slid lower from a peak of Rs 1215 to a bottom of Rs 877, formed on December 22. Recently, the price was consolidating inside a falling-parallel channel and has surpassed the resistance of its upper trendline. The breakout is supported by a rise in volume, which increases the reliability of the breakout.
Economic Times

2 tata stocks for a swing trade with potential gain of 4-6% - over 1 year ago
The markets on Monday saw volatility spiking with the Nifty ending the day with minor gains, having started the day on a positive note. The index is expected to show an upside amidst volatility in the next few days.
Economic Times

Indian shares set to open higher ahead of March quarter earnings - over 1 year ago
The Nifty 50 has risen nearly 4% over the past six sessions. Corporate earnings, scheduled from Tuesday, will be the near-term trigger for markets, according to analysts.
Economic Times

US stock market: Wall Street ends mixed with inflation data, earnings on tap - over 1 year ago
Economically sensitive transports, semiconductors , small-caps and industrials outperformed the broader market, hinting that the economy is sturdy enough to withstand further rate increases from the Federal Reserve.
Economic Times

What is happening to the Metal sector? Is recovery on the horizon? - over 1 year ago
The Nifty Metal sector has been the worst performer so far in the Calendar Year 23. The sector has been struggling and has even recorded a decline of roughly 18%. If we compare it to the benchmark Nifty - it has only dropped by about 2.8%. Now, out of 15 stocks that are there in the Nifty metal index, 12 had a negative performance in CY23 and 5 of them witnessed a significant decline of 10-55% in over 3 months. (DATA SOURCE: ACE EQUITY) However, 4 out of these 5 stocks have the potential for growth - with a possible upside of 25-100% as per Trendlyne data.
Economic Times

Stocks in news: Bank of Baroda, SBI, Vedanta, JSW Steel, Cipla - over 1 year ago
Public sector lender Bank of Baroda recorded healthy advances growth for the March quarter, showing a growth of nearly 19% over the previous year period.
Economic Times

Zerodha expects 20% jump in FY23 revenue, profit: CEO Nithin Kamath - over 1 year ago
If correction in stock market continues amid global macro trend, revenue may fall 30-40% in current fiscal, says CEO Nithin Kamath
Economic Times

Sebi asks AIF to provide option of direct plans - over 1 year ago
Also, for category III AIFs, which invest in listed securities, the distribution fee needs to be charged on a trail basis. These measures have been brought in to enhance the transparency and curb misselling, Sebi circular added.
Economic Times

RBI brings out norms for outsourcing of IT services - over 1 year ago
The RBI has directed all regulated entities to ensure that the service provider employs the same high standard of care in performing the services as would have been employed by regulated entities if the same activity was not outsourced.
Economic Times

Debt, rates and US-China risks in focus as IMF meets this week - over 1 year ago
The April 10-16 Spring Meetings hosted by the International Monetary Fund and World Bank will also see a raft of related meetings, including the Group of 20 finance chiefs. The G-20 will face another contentious attempt to craft a joint statement on their prognosis for the global economy, after having failed to do so in February thanks to disputes over Russia's Ukraine invasion.
Economic Times

Sensex, Nifty end flat on Fed uncertainty - over 1 year ago
The Sensex ended at 59,846, up 13.54 points or 0.02% from Thursday's close. The Nifty gained 24.90 points, or 0.14%, to close at 17,624. India's banks, stock and money market were closed on Friday for Good Friday.
Economic Times

Realty stocks extend gains on rate pause, strong sales - over 1 year ago
On Monday, real estate stocks advanced for the sixth straight day, adding to last week's gains as the status quo by the RBI means relief for home buyers from higher interest costs.
Economic Times