Rs 414 cr paid to 34,497 Karvy clients from NSE's investor protection fund - over 1 year ago
The minister said capital markets regulator Sebi, along with exchanges, conducts regular inspection of brokers based on certain criteria and takes action as per its regulations and bye-laws of the exchanges.
Economic Times

Tech View: Nifty may remain range-bound. What should traders do on Wednesday - over 1 year ago
Chart readers said the index is currently placed at the hurdle of the previous significant opening downside gap of 10th March around 17,400 levels.
Economic Times

HDFC Bank Q4 update: Advances jump 17% to Rs 16 lakh crore, deposits up 21% - over 1 year ago
According to the fourth quarter business update released by the bank, corporate and other wholesale loans jumped 12.5% in the period ending March 2023.
Economic Times

Sensex surges 115 pts after volatile trade; Nifty near 17,400 - over 1 year ago
Investors gain Rs 1.51 lakh crore as market capitalisation of all listed companies on BSE increased to Rs 259.70 lakh crore
Economic Times

Udayshivakumar Infra makes a muted debut on D-Street. What should investors do? - over 1 year ago
Udayshivakumar Infra is engaged in the business of construction of various road projects including national and state highways, district roads and smart roads under PM’s smart city mission projects etc.
Economic Times

What happened to SVB cannot happen to banks in India - over 1 year ago
Since SVB’s collapse, banking stocks in India, particularly those of public sector banks, have come under significant pressure.
Economic Times

Why it still makes sense to invest in debt funds post taxation tweaks - over 1 year ago
Thus, if yields rise, then prices fall eroding the gains made from coupon accruals. Correspondingly, if yields fall, then prices rise adding to the gains made from coupon accruals.
Economic Times

KPIT Tech shares tumble over 17%. Here's why - over 1 year ago
JPMorgan’s target for the stock is driven by lower structural margins, risks from single vertical and high client concentration, and excessive valuations, according to media reports.
Economic Times

​These 8 stocks have surged over 25% in Q1 of last 3 fiscal years - over 1 year ago
As India Inc steps into the first quarter of the new fiscal year FY24, there is a sense of optimism among equity investors who believe that the fresh start could bring good fortune for them. With this positive sentiment in mind, they anticipate the markets to witness a rise in the near future.ETMarkets identified 8 stocks that saw consistent share price growth of over 25% in each of the first quarters of the last three fiscal years. We considered only companies with a market cap over Rs 3,000 crore. Interestingly, all 8 stocks have given multibagger returns to their investors in the last three years (Date Source: ACE Equity). However, it should be noted that past performance does not necessarily guarantee future performance.
Economic Times

5 moderately high risk funds which have given 9-21% returns to investors - over 1 year ago
Of the many advantages of MFs, the most important is that it gives small investors access to professionally managed, diversified portfolios of equities, bonds and other securities.
Economic Times

Sensex gains 115 pts, Nifty near 17,400; Hero Moto rises 4%, Adani Ent sheds 2% - over 1 year ago
Closing Bell: Sensex ends 115 pts higher after volatile trade; Nifty near 17,400; Hero Moto rises 4%, Adani Ent sheds 2%.
Economic Times

8% off lifetime high! 4 factors that could help Nifty50 reclaim 18,000 this quarter - over 1 year ago
The index is expected to move towards a higher band of channel placed around 17,600, sustainability above which will accelerate Nifty towards 18,100 in the coming quarter, this report said. The brokerage sees an immediate hurdle around 17,600.
Economic Times

Vedanta pays a dividend of over Rs 100 in FY23, stock to trade ex-dividend this week - over 1 year ago
Vedanta is one of the world’s leading natural resources conglomerates, with primary interests in aluminum, zinc-lead-silver, oil and gas, iron ore, steel, copper, power, nickel, ferroalloys, glass display, optical fiber, and semiconductors. The company has operations across India, South Africa, Liberia, and Namibia.
Economic Times

Tips Industries fixes record date for proposed stock split - over 1 year ago
The rationale behind the split of equity shares is to enhance the liquidity of the company’s equity shares in the market and widen the shareholders base by making the equity shares more affordable to small investors.
Economic Times

Attractive valuation! ITC shares can rally up to 18%, says Sharekhan - over 1 year ago
The brokerage firm reiterated a buy on ITC with an unchanged target price of Rs 450. Attractive valuations at 23x/21x its FY2024/FY2025E EPS and double-digit earnings growth visibility make the company Sharekhan's preferred pick in the large consumer goods space from a medium to long-term perspective.
Economic Times

European shares rise as OPEC+ output cuts boost oil majors - over 1 year ago
Investors will closely monitor the eurozone's manufacturing data for March, due later in the day, to assess the strength of its economies.
Economic Times

Adani stocks lose up to 5%; 8 counters in red. Here's why - over 1 year ago
The selloff in Adani stocks resumed after a report published by The Ken raised questions on whether the Ahmedabad-based conglomerate has actually repaid debt totaling $2.15 billion.
Economic Times

ITC, Titan and SBI among top 24 stocks to watch out for in FY24 - over 1 year ago
To find out which stocks should be on the top of your watchlist, we reached out to various brokerages to curate a list of 24 stocks for FY24.
Economic Times

Tata Elxsi and LTTS on the sell list, will analysts be right? - over 1 year ago
After remaining on the buy list of analysts for a long time, Tata Elxsi and LTTS, the two star performers of stock market rally which started in 2020, have come on the sell list of ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with analyst recommendation for more than 700 companies. These recommendations could be “Hold, sell, strong sell, buy and strong buy”
Economic Times

Rail Vikas Nigam shares jump 7% on winning multiple orders - over 1 year ago
The company's JV also received Letter of Award (LoA) from the Ministry of Railways for the manufacturing cum maintenance of Vande Bharat Train sets including up-gradation of the government manufacturing units & train-set depots.
Economic Times

Auto stocks gain on robust FY23 sales; Hero MotoCorp, Maruti, Bajaj Auto rise over 2% - over 1 year ago
The sales grew to a record 3.9 million units in the last fiscal year ended 31 March 2023. Nifty Auto was the best-performing index among the sectoral indices and was last trading at 12,414.40, up 170.60 points or 1.39% in a lacklustre market.
Economic Times

Tie-breaker? April likely to bring make-or-break moment for Dalal Street bulls - over 1 year ago
One can safely say that it was a close fight between Dalal Street bulls and bears, as benchmark Nifty 50 eked out 0.3% gain month-on-month in March, thanks to the 2% gains on the last trading day of the month.
Economic Times

TATA Elxsi and LTTS; on the sell list, would the analysts be right ? - over 1 year ago
After remaining on the buy list of analysts for a long time, Tata Elxsi and LTTS, the two star performers of stock market rally which started in 2020, have come on the sell list of ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with analyst recommendation for more than 700 companies. These recommendations could be “Hold, sell, strong sell, buy and strong buy”
Economic Times

Chart Check: Paytm on verge of a breakout from inverse head & shoulder pattern; time to buy? - over 1 year ago
The new age company stock price hit a 52-week high of Rs 844 on 8th August 2022 but it failed to hold on to the momentum. It bounced back after hitting a low of Rs 439 on 24 November 2022.
Economic Times

Oil stocks in focus: ONGC, OIL gain up to 6% on OPEC+’s production cut; HPCL, BPCL plunge 4% - over 1 year ago
At 9.30 am, shares of ONGC were trading at Rs 157.40, up Rs 6.35 or 4.20% from Friday’s closing price while those of OIL were up nearly 6% or by Rs 14 at Rs 266.15. ONGC and OIL are one of the largest crude oil and natural gas companies in India which are in the business of exploration and production of oil and gas.
Economic Times

Top picks of the week: 5 large cap stocks with consistent ROCE and High ROE - over 1 year ago
Every industry has different operating conditions which have high correlation with the kind of ROE companies in the industry generate. The bigger question is how sustainable that number is. Of all the stocks, which our algorithms come up with, we took companies from, FMCG, software, financial services and speciality chemical. 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

Tech Picks: ICICI Bank, TVS Motor among 5 stocks that can rally up to 6% in short term - over 1 year ago
In the near term, equity markets will likely take cues from global trends and RBI monetary policy due later this week. Investors will also keep a close watch on FII inflows after relentless selling for the past few months. Here are five technical picks from various analysts that can rally up to 6% in the short term.
Economic Times

Hot Stocks: Brokerages on Zydus Life, PB Fintech, GAIL India and Bharat Electronics - over 1 year ago
Govt has kept prices unchanged at $8.6/mmbtu for now. Continued delay could create a near-term overhang for the city gas distribution (CGD) stocks. Top gas pick GAIL is also a key beneficiary of lower APM gas prices. The global investment bank continues to view stance of Govt towards CGD sector favourable.
Economic Times

Stock market holidays: BSE, NSE to remain shut for these 3 days in April - over 1 year ago
In the entire calendar year, the market has 15 annual holidays in 2023, two more than last year. Three of these holidays were covered in the first three months of the year on January 26, March 7 and March 20 for Republic Day, Holi and Ram Navami.
Economic Times

Hindustan Unilever among 6 stocks that jumped above their 200 DMAs - over 1 year ago
In the NSE list of stocks with a market cap of over Rs 50,000 crore, six stocks closed above their 200 DMA (Daily Moving Averages) on March 31, 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

Momentum Pick: 34% gains in 1 year, Bosch poised for next round of rally? - over 1 year ago
Bosch shares on Friday ended at Rs 19,200 on the NSE and were up by Rs 222 or 1.17% from the previous closing price.Bosch Group is a global automotive supplier of technology and services in mobility solutions, industrial technology, consumer goods, and energy and building technology. It has 18 manufacturing sites and seven development and application centers
Economic Times

Sectoral spotlight: Brokerages see potential in cement sector; pick stocks for long-term gains - over 1 year ago
Pan-India average price is down 1% month-on-month in March 2023 and flat on the quarter-to-date basis in 4QFY23. The cement players attempted price hikes in February-March 2023 however, a significant portion of the hikes was reversed by offering discounts, incentives and price cuts. As a result, the all-India average cement price appears to be flat to marginally negative in 4Q v/s 3QFY23
Economic Times

Udayshivakumar Infra shares list at 14% discount to IPO price - over 1 year ago
The initial share sale received a strong response from investors with the issue getting subscribed a massive 30 times. The company's IPO received bids for over 61.26 crore shares against 2 crore shares on offer, according to the data available with the NSE.
Economic Times

Sensex gains 120 points, Nifty above 17,350; BPCL falls 3% - over 1 year ago
Sensex rises 120 points, tops 59,000; Nifty above 17,350; BPCL falls 3%, Eicher Motors gains 2%; IOC, Bharat Petroleum, IGL are some of the losers in morning trade.
Economic Times

Sensex, Nifty start FY24 on volatile note; BPCL drops 4%, Maruti up 3% - over 1 year ago
The Nifty50 index fell 9 points or 0.05% to 17,350, while the S&P BSE Sensex dropped 53 points or 0.09% to 58,938, as of 9.33 am.
Economic Times

Stocks to buy today: 5 short-term trading ideas by experts for 3 April 2023 - over 1 year ago
“Options data suggests a broader trading range in between 16900 to 17700 zones while an immediate trading range in between 17100 to 17550 zones,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said.
Economic Times

Mukesh Ambani's giant-killer playbook can take RIL stock to all-time high in FY24 - over 1 year ago
"Stock trades near our bear case valuation and offers favorable risk-reward," it said. RIL shares ended 4.3% higher at Rs 2,331 on Friday. Jefferies target implies an upside potential of 33% in the next 12 months.
Economic Times

Stocks in focus: BHEL, CSB Bank and more - over 1 year ago
Nifty futures on the Singapore Exchange traded 36 points, or 0.21 per cent, higher at 17,453.50, signaling that Dalal Street was headed for positive start on Monday. Here are some stocks which are expected to see some action in trade today.
Economic Times

Stocks and option: A tyre major for bullish trade and options trade in global metal player - over 1 year ago
The price of this company has been moving sideways in the range of Rs 340 to Rs 306 since December 22. Within this range, the price has now given a triangle breakout, which suggests the trend will turn bullish in the short term. The breakout in price is supported by the rise in volume, which increases the reliability of the move.
Economic Times

Buy or Sell: Stock ideas by experts for April 03, 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 ITC and Ultratech Cement while Nooresh Merani has a buy/sell recommendation on SBI and Indian Hotels for today's trading session. Check out the targets and stoploss.
Economic Times

Big Movers on D-St: What should investors do with KPIT Technologies, RIL and Bharat Electronics? - over 1 year ago
The stock has rallied over 30% so far in this quarter and also registered a fresh all-time high of 946.65. On the daily charts, the stock is comfortably trading above the 20 and 50-Day SMA (Simple Moving Average). It has also formed a higher bottom formation which is largely positive.
Economic Times

Traders guide: A Tata stock and an industrial consumable player for swing trade - over 1 year ago
The shortened week saw the markets moving in the positive direction, with the Nifty closing the day with more than 1.5 percent gains. Meanwhile, many mid-cap stocks are showing signs of reversal from its recent declines
Economic Times

Oil prices surge, markets narrow odds on Fed hike - over 1 year ago
That in turn helped the dollar gain 0.25% on the Japanese yen to 133.14, while the euro eased almost 0.4% to $1.0802. The rise in oil prices is bad news for Japan's trade balance given it imports most of its energy.
Economic Times

SGX Nifty up 35 points; here's what changed for market while you were sleeping - over 1 year ago
Option data suggests a broader trading range in between 16900 to 17700 zones while an immediate trading range in between 17100 to 17550 zones.
Economic Times

Stocks in news: Ultratech Cement, Orient Electric, RVNL, Wheels India, NCC - over 1 year ago
Auto companies will be in focus on Monday after the companies reported sales updates for the month of March. Maruti Suzuki and Tata Motors reported their highest-ever dispatches to dealers last fiscal, enabling the domestic passenger vehicle industry to log in best-ever performance to date.
Economic Times

Global, Indian FMCG companies in race for Capital Foods - over 1 year ago
Nestle, HUL, Kraft Heinz, Tata, ITC, Nissin Foods, Orkla among those in fray for $1bn-$1.25 bn buyout. Non-binding bids expected in early May.
Economic Times

Rate action may pause with 25 bps hike this week - over 1 year ago
Nine of 10 economists polled by ET ahead of Thursday's policy announcement expect a 25-bps increase. This week's rate action is expected to be followed by a prolonged pause, with some respondents anticipating no further rate action for the remainder of FY24.
Economic Times

Japan’s MUFG set to buy DMI Finance stake - over 1 year ago
Incorporated in 2008, DMI is registered as a non-banking finance company (NBFC) with the Reserve Bank of India (RBI). While it was mainly engaged in secured corporate lending - largely to real estate builders - till a few years ago, it has shifted focus to digital lending, providing consumer, personal and micro, small and medium enterprise (MSME) loans. It's a digital technology-driven business with API-based origination, underwriting and loan management systems.
Economic Times

India Inc's big movers will need to learn to walk the 'talk'; A Sebi prompt could help - over 1 year ago
This is because market regulator Securities and Exchange Board of India (Sebi) in its board meeting last week has decided to make it mandatory for the top 100 listed companies by market capitalisation to confirm or deny market rumours that impact their stock prices.
Economic Times