Bank deposits edge up after record outflows, Fed data shows - over 1 year ago
Federal Reserve data released on Friday showed deposits at all commercial banks rose to $17.35 trillion in the week ended March 29, on a nonseasonally adjusted basis, from a downwardly revised $17.31 trillion a week earlier.
Economic Times

PSU’s have their own strengths. 4 large cap PSU stocks with an upside potential of up to 33% - over 1 year ago
At a time when interest rates are at elevated levels, PSU stocks have an advantage. Of all the PSU stocks, which our algorithms come up with, we took PSU companies from three sectors: financier, power generation and logistics. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".
Economic Times

5 key lessons from top retail investors to ace the index - over 1 year ago
In an attempt to change this, we have launched “Mission Ace the Index”, which we inaugurated at the Samco-Ace-Up summit conducted on 25th March 2023
Economic Times

​Here are Alan Newman's trading tips to win the stock market game​ - over 1 year ago
Famed editor and technical analyst, Alan M. Newman says previous manias and bubbles have shown that any investor may enjoy great success, since it takes no particular skill to buy stocks."All it takes is money to ride the rising tide. It’s all about demand. Success leads to additional demand and an increased exposure to risk, and eventually an overwhelming demand when leverage is utilized for maximum exposure. However, risk is double edged," he wrote in an article in a financial website.He said the ease of wealth gains in a mania is always neutralised when investors eventually realize that keeping gains is a different story entirely.He is also of the view that stock bubbles take valuation and sentiment measures to ludicrous extremes.
Economic Times

Learn With ETMarkets: Types of strike prices and their values; here's a quick guide to interpret data - over 1 year ago
The premium of each strike is different and is derived from a mathematical formula called as Black-Scholes Model, this is a very complex pricing model, which involves integrations and probability methods. We will not discuss it in detail, however, the Indian Option premium is based on this model.
Economic Times

Nifty Realty Index stocks which analysts suggest buying with upside potential up to 48% - over 1 year ago
The moment there was a pause by RBI on interest rates, real estate stocks which have been consolidating for some time witnessed a sharp spike. 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

Here are Alan Newman's 10 trading tips to win the stock market game - over 1 year ago
Famed editor and technical analyst, Alan M. Newman says previous manias and bubbles have shown that any investor may enjoy great success, since it takes no particular skill to buy stocks."All it takes is money to ride the rising tide. It’s all about demand. Success leads to additional demand and an increased exposure to risk, and eventually an overwhelming demand when leverage is utilized for maximum exposure. However, risk is double edged," he wrote in an article in a financial website.He said the ease of wealth gains in a mania is always neutralised when investors eventually realize that keeping gains is a different story entirely.He is also of the view that stock bubbles take valuation and sentiment measures to ludicrous extremes.
Economic Times

First Republic bank to suspend dividends on preferred stock - over 1 year ago
Large U.S. banks injected $30 billion in deposits into First Republic Bank last month to rescue the lender caught up in a widening crisis triggered by the collapse of two other mid-sized U.S. lenders.
Economic Times

India’s forex reserves drop by $329 m to $578.45 b - over 1 year ago
India's forex reserves dropped by $329 million to $578.449 billion for the week ended March 31, on decline in gold reserves, the RBI said on Friday. The forex kitty had risen well in the previous two reporting weeks, and rose by $5.977 billion to $578.778 billion for the week ended March 24.
Economic Times

Yellen downplays recession fears, expects US economy to grow - over 1 year ago
While the situation has calmed, analysts warn that fallout from the recent instability could continue -- as banks tighten lending standards, reducing available credit to households and businesses.
Economic Times

US bank lending slumps by most on record in final weeks of March - over 1 year ago
The biggest 25 domestic banks account for almost three-fifths of lending, although in some key areas — including commercial real estate — smaller banks are the most important providers of credit.
Economic Times

Up to 53% gain in 3 days! Smallcap stocks are back in vogue and how! - over 1 year ago
After rallying non-stop for the last five trading sessions, Sensex is up around 2,200 points and Dalal Street investors richer by over Rs 10.43 lakh crore as the total market capitalisation of BSE-listed firms have surged to Rs 262.37 lakh crore.
Economic Times

Temasek set for controlling stake in Manipal Hospitals - over 1 year ago
Manipal Health has been expanding its footprint across the country through multiple buyouts. In 2020, it acquired the Indian assets of Columbia Asia Hospitals for ₹2,100 crore and, in June 2021, it bought out Bengaluru-based Vikram Hospitals from Multiples Private Equity for around ₹350 crore.
Economic Times

SAMHI Hotels raises ₹900 cr from Citi to refinance Cerberus and Stanchart loans - over 1 year ago
The Draft Red Herring Prospectus (DRHP) filed by SAMHI on April 5 disclosed that the group is raising money to retire ₹750-crore debt by prepayment of loans and for general corporate purposes.
Economic Times

Investors' wealth jumps over Rs 10.43 lakh cr in last 5 days of market rally - over 1 year ago
"The Indian equity market saw gains for the second week in a row after a protracted period of underperformance, thanks to stable global cues, FII buying amid valuation comfort, and signs of a worldwide peak in interest rates," said Santosh Meena, Head of Research, Swastika Investmart Ltd.
Economic Times

Decoded: Whom to Call during different interest rate climates - over 1 year ago
While rising interest rates can dampen sentiment and negatively impact midcap and smallcap sectors, they can also be a positive development in times of strong economic growth. Gradual rate increases help cool the economy and reduce the impact of inflation, as seen from FY2003 - FY 2008, when the
Economic Times

Infosys, TCS & more: Q4 earnings to watch out for next week - over 1 year ago
Many IT bellwethers are going to release their Q4 earnings results next week. Quarterly earnings are crucial as it helps judge companies' performance and set the tone for investors for the upcoming months. Here is a look at five companies that will report their financial results next week.
Economic Times

PSUs to outshine private banks in Q4; which stocks should investors bet on? - over 1 year ago
The brokerage expects banks under its coverage to report a strong 44% YoY growth in net profit in the last quarter of FY23, led by a 30% growth in pre-provision operating profit.
Economic Times

5 stocks from B2B of manufacturing sector with upside potential of up to 62% - over 1 year ago
B2B is normally associated with the digital world, but there are many companies whose products go as consumable or what is commonly called as raw material in the manufacturing sector.
Economic Times

5 stocks from B2B of manufacturing sector with upside potential of up to 62 % - over 1 year ago
B2B is normally associated with the digital world, but there are many companies whose products go as consumable or what is commonly called as raw material in the manufacturing sector.
Economic Times

Unauthorised investment advisory services: Sebi bans 4 entities from securities markets for 6 months - over 1 year ago
The Securities and Exchange Board of India (SEBI) has banned four entities from the securities markets for six months after finding that they had provided unauthorized investment advisory services without SEBI's registration. Additionally, these entities must refund the funds collected from investors within three months. The four entities are Course Work Focus, its proprietor Shashank Hirwani; Capital Research, its proprietor Gopal Gupta; and Rahul Patel, who is the proprietor of Capres. SEBI found that Course Work Focus and Hirwani collectively received over Rs 96 lakh from investors, while Capital Research, Gupta, and Patel together collected Rs 60.84 lakh by providing such unregistered investment advisory services.
Economic Times

Nifty Financial Services Index stocks that analysts suggest buying for up to 40% potential upside - over 1 year ago
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

Airline industry has had a ‘bad century’ since the Wright brothers; 3 reasons why it is a tough business - over 1 year ago
“The worst sort of business is one that grows rapidly, requires significant capital to engender growth, and then earns little or no money. Think airlines. Here a durable competitive advantage has proven elusive ever since the days of the Wright Brothers
Economic Times

HDFC Bank, Indian Hotels among 6 stock picks from Motilal Oswal's model portfolio - over 1 year ago
The correction and breather in markets, especially broader markets, has thrown up interesting opportunities and made the risk-reward relatively more favourable, according to Motilal Oswal. The brokerage has made a series of changes to its mode portfolio. Here are six top stock picks from its universe. (Source: Motilal Oswal)
Economic Times

'Powell's curve' plunges to new lows, flashing US recession warning - over 1 year ago
The Fed - which has embarked on one of its most aggressive rate hiking cycles in decades to defeat inflation over the past year - has forecast borrowing costs will remain around current levels to the end of 2023. But market participants believe tighter monetary policy is already starting to hurt growth and are betting on rate cuts later this year
Economic Times

Portfolio Management Talks: Why Manish Sonthalia positive on tech, banks, auto, capex-led sector - over 1 year ago
We spoke to Manish Sonthalia, Director & CIO – Head – Equities, PMS, MOAMC on markets outlook, PMS performance and sectors which he is betting on in the new financial year.
Economic Times

Chart Check: Channel breakout could take this infra stock to fresh record highs - over 1 year ago
Experts suggest that Larsen & Toubro (L&T) stock is on track to reach a fresh record high in the next 2-3 months, as it has managed to rebound from its 50-daily moving average on the charts. The stock showed positive momentum in the last month and broke out from a falling channel pattern on the charts, allowing it to inch towards the Rs 2400 levels. The stock is now trading above most short and long-term moving averages and has also received bullish indicators from the Relative Strength Index and MACD.
Economic Times

FMCG margins improve, but rural stress weighs - over 1 year ago
Parachute hair oil maker Marico forecast stronger margins for the March quarter and added that gross margins are expected to expand and "drive reasonable growth" with falling raw material prices. "The sector continued to witness gradual recovery with year-on-year volume trends, improving in each quarter," Marico said, in its March quarter update
Economic Times

Stellar run! This smallcap multibagger that gave 35000% return in 10 years turned Rs 10,000 to Rs 35 lakh - over 1 year ago
The company has diversified across various FMCG categories with manufacturing competencies in food and beverages, home care, fabric care, beauty and personal care, health care and wellness, leather and sports footwear, and pest control, among others
Economic Times

A monetary policy review that didn't happen - over 1 year ago
Financial markets, in the business of reading the future from the present, were excited that interest rate increases are behind after the RBI did not raise rates. But Governor Shaktikanta Das snatched the candy back in less than a minute.
Economic Times

Macrotech’s FY23 pre-sales jump 34% to over Rs 12,000 cr - over 1 year ago
The developer has added 12 projects to its portfolio during the year with over 14 million sq ft gross development value of over ₹19,800 crore, exceeding its guidance of ₹15,000 crore.Recently, the developer, Bain Capital and Ivanhoe Cambridge-backed Lodha Green Digital Infrastructure acquired an over 8-acre land parcel in Mumbai's Kurla locality
Economic Times

'Jio, Airtel's revenue growth March to continue, Vi to lag' - over 1 year ago
They, though, expect Jio to add more subscribers than Airtel as the latter is likely to see some churn in the low-value user segment after sharply hiking base prepaid rates in all 22 circles in the fourth quarter, FY23.
Economic Times

Jindal steel promoters clear loans taken against shares - over 1 year ago
The three companies - OPJ Trading, Opelina Sustainable Services and Gagan Infraenergy - had a peak of ₹1,140 crore in loans against the shares in October 2018.
Economic Times

S&P, Nasdaq reverse early declines to edge higher; monthly jobs data eyed - over 1 year ago
Signaling a weak labor market, initial jobless claims fell to a seasonally adjusted 228,000 for the week ended April 1, versus expectations of 200,000 claims
Economic Times

Decoding the surprise move by RBI MPC: Pause, not a pivot - over 1 year ago
In my view, increased global uncertainty, a stable currency in 2023, and the incomplete transmission of previous aggressive rate hikes likely prompted the MPC to take a brief pause in the rate hiking cycle.
Economic Times

RBI slaps Rs 6.77-crore penalty on M&M Fin Services over interest rate disclosure norms - over 1 year ago
A fine of Rs 55 lakh has been imposed on Indian Bank for contravention of certain Know Your Customer norms. Muthoot Money fined by Rs 10.50 lakh
Economic Times

Nifty50 companies likely to report double-digit sales and profit growth in Q4 - over 1 year ago
Select auto, BFSI companies to drive growth
Economic Times

​These 5 healthcare stocks touch their new 52-week highs, do you own any? - over 1 year ago
The Sensex climbed by 144 points on Thursday, reaching the 59,832 level. This surge led to five stocks from the BSE healthcare index attaining new 52-week highs. This is a vital technical indicator for some traders and investors as it helps them assess a stock's current value and predict its future price movements. The 52-week high denotes the highest price at which a stock has traded during the previous year.
Economic Times

NY Fed index shows global supply chain pressures eased further in March - over 1 year ago
The New York Fed index points to ongoing improvements in the kinks that had once been a major driver of the highest levels of inflation seen in the U.S. in decades. Surging price pressures have driven the Fed to embark on a very aggressive campaign of raising its short-term rate target to bring inflation, which was 5% by a key measure in February, back to the central bank's 2% target
Economic Times

IIFL Finance raises USD 100 mn from Export Development Canada, Deutsche Bank - over 1 year ago
IIFL Finance, which had raised USD 400 million through its maiden dollar bond issue in February 2020, said the money will be used to pre-pay existing higher cost debt, which will help it save significantly on its borrowing costs.
Economic Times

Financials, auto companies to lead Q4 earnings growth in an otherwise lopsided quarter: Motilal Oswal - over 1 year ago
Motilal Oswal expects Nifty earnings to grow by 14% year-on-year in the fourth quarter. The growth of BFSI and auto sectors could likely come in at 37% and 70% year-on-year, respectively, while metals continue to be a drag.
Economic Times

Sebi clarifies on shareholders' approval for directors appointment on listed PSUs boards - over 1 year ago
India's capital markets regulator, Sebi, has said listed public sector banks will require shareholder approval for any appointments or reappointments of directors made at the next general meeting. Sebi has said persons who don't have shareholder support will cease to be directors. The comments came after an informal guidance request from the Bank of Baroda. Despite the clarification, Sebi hinted that its views may differ case by case.
Economic Times

What are cyclical stocks, and how are they analysed? - over 1 year ago
In the investing world, cyclical stocks are those whose fortunes swing as per the business cycle of an economy. Here's all you need to know about cyclical stocks.
Economic Times

RBI slaps Rs 6.77-crore penalty on Mahindra & Mahindra Financial Services - over 1 year ago
A fine of Rs 55 lakh has been imposed on Indian Bank for contravention of certain Know Your Customer norms. Muthoot Money fined by Rs 10.50 lakh
Economic Times

Sebi asks investment advisers, research analysts to display their info prominently in advertisements - over 1 year ago
This information should also be there in publications, Know Your Client (KYC) forms, client agreements, statements and in any other form of correspondence with the client.
Economic Times

Decoding the surprise move by RBI MPC: Pause, not a Pivot - over 1 year ago
In my view, increased global uncertainty, a stable currency in 2023, and the incomplete transmission of previous aggressive rate hikes likely prompted the MPC to take a brief pause in the rate hiking cycle.
Economic Times

US stocks slip as they close out a weak, holiday-shortened week - over 1 year ago
Dow down 105 pts; 10-year treasury yield slips to 3.29% from 3.31% late Wednesday
Economic Times

RBI Impact: Should you stick to bonds, fixed income instruments or is it time to switch to equities? - over 1 year ago
The impact of rate cut was immediately seen in the bond yields, which softened across the tenures, Deepak Jasani, Head of Retail Research at HDFC Securities, pointed out. He, however, cautioned the investors against taking today’s rate pause action as a pivot.
Economic Times

US stocks open lower on slowdown worries after jobless claims data - over 1 year ago
Dow falls 61.76 points; S&P 500 opens lower by 9.23 points
Economic Times

Adani Wilmar Q4 Update: Edible oils see fall in sales, food segment lifts overall show - over 1 year ago
The Adani Group firm has clocked a 55% growth in revenue for FY23 in the food and FMCG segment, led by a 40% growth in volumes
Economic Times