Buy or Sell: Stock ideas by experts for March 31, 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 Page Inds and Chola Investment while Nooresh Merani has a buy/sell recommendation on SBI and Axis Bank for today's trading session. Check out the targets and stoploss.
Economic Times

Adani Group tells stock exchanges to protect investor interest - over 1 year ago
Adani Group has attributed the Tuesday, March 28, 2023 fall in its stocks to 'The Ken' report captioned “The Adani Group wants you to believe it has repaid all its loans against promoters. Here’s why you should not”.
Economic Times

A long trade in tech & tobacco major for a swing trade - over 1 year ago
With Thursday being a holiday, the markets started positively on Wednesday, the expiry day of the monthly derivative series. The Nifty ended the day with a gain of three-fourths of a percent. Meanwhile, some blue-chips are showing signs of a technical pullback
Economic Times

Momentum Pick: Up 36% in 1 year! Dalmia Bharat has another 32% upside - over 1 year ago
Dalmia Bharat is India’s fourth-largest installed cement manufacturing capacity with a legacy of eight decades. The company possesses of 37MT spread across 14 manufacturing plants in 10 states with addressable market spanning in 22 states in east, northeast, and southern India.
Economic Times

Stocks in focus: BEL, Lupin and more - over 1 year ago
Nifty futures on the Singapore Exchange traded 2 points, or 0.01 per cent, higher at 17,261.50, signaling that Dalal Street was headed for muted start on Friday. Here are some stocks which are expected to see some action in trade today.
Economic Times

A long trade on REC and options for a paint major - over 1 year ago
After forming a peak at Rs 128, the price of this company underwent a sharp correction and found support from a rising trendline. Prior to the sharp fall, the price was moving steadily in an uptrend. The recent low which has tested the trendline support happens to be a bullish engulfing candlestick pattern, which is a reversal pattern and suggests a bounce in the price for the short term.
Economic Times

EXPLAINER-How a massive options trade by a JP Morgan fund can move markets - over 1 year ago
The JPMorgan Hedged Equity Fund holds a basket of S&P 500 stocks along with options on the benchmark index and resets hedges once a quarter. The fund, which had about $14.71 billion in assets as of March 29, aims to let investors benefit from equity market gains while limiting their exposure to declines.
Economic Times

Asian shares ride high in Q1 but steel for U.S. inflation data - over 1 year ago
Fed funds futures are still split on whether the Federal Reserve will hike or not at the next policy meeting in May, while pricing in a rate cut by Novemeber. That compared with an overwhelming bet on a 25 basis point hike a month ago before the banking volatility started.
Economic Times

Big Movers on D-St: What should investors do with Vedanta, UCO Bank and HDFC Bank? - over 1 year ago
The largest private sector bank in India is HDFC Bank, whose share price has been among those that have given investors multibagger returns over the previous ten years. But, during the 1.5 years, HDFC shares have disappointed investors.
Economic Times

US stock market: Wall Street gains with tech shares; regional banks fall - over 1 year ago
With one day to go in the first quarter, the technology sector was up about 20% for the period, leading sector gains along with communication services, which is up about 18%. Nasdaq is on track for its biggest percentage quarterly gain since the end of 2020.
Economic Times

RIL stakeholders to meet on May 2 for fin ops demerger - over 1 year ago
Reliance Industries had last year announced the demerger of its financial services business into a separate entity and subsequent listing it on the stock exchanges
Economic Times

Stocks in news: Hero MotoCorp, Lupin, Tata Power, RIL, Quess Corp, PNB - over 1 year ago
The Board of Hero MotoCorp appointed Niranjan Gupta as the new Chief Executive Officer (CEO) of the company, effective from May 1, 2023, elevating him from his current position as its CFO, Head - Strategy and M&A.
Economic Times

Analysis of macros should aid, not override bottom-up stock selection: Anshul Saigal - over 1 year ago
The Nifty 50 declined by 2% CAGR between October 1, 2010, and September 30, 2013. In US dollar terms, Nifty 50 underperformed other markets too. The benchmark index declined by 34% in dollar terms, S&P 500 was up 47%, and the MSCI World index was up 30% during this period.
Economic Times

NCLAT dismisses Jindal plea over Mittal Corp - over 1 year ago
A two-member NCLAT bench observed the lenders of Mittal Corp were "empowered to issue fresh RFRP" when none of the resolution plans had been approved by the committee of creditors (CoC). NCLAT said issues raised by Jindal Stainless subsequent to February 10, 2023, when RFRP was issued, need no consideration.
Economic Times

Global Green Finance wakes up to Indian opportunities - over 1 year ago
Global development finance institutions and funds are ready to offer long-term support in the form of equity and debt at cheap rates to projects like solar energy and hydro power that help reduce the carbon footprint.
Economic Times

Stock Radar: Higher base formation could take Radico Khaitan to hit fresh 52-week high in April - over 1 year ago
Short term traders can look to buy the stock now or on dips for a possible target towards Rs 1,200 levels in 7-10 days, suggest experts.
Economic Times

Rich investors stare at a possible higher tax outgo after Sebi tweaks AIF rules - over 1 year ago
Such funds have been given two alternatives by the regulator: one, they could sell the illiquid investments to a new scheme within the same AIF; two, they could do what is called in-specie distribution where the fund transfers shares or securities to each investor based on their unitholding.
Economic Times

Zydus Wellness promoters' stake hike point to good times ahead - over 1 year ago
The buying spree precedes the seasonally strong quarters of March and June at a time when the stock has lost over 14% from the peak of ₹1,971.2 seen in early November 2022 making it among the cheapest stocks in the fast-moving consumer goods (FMCG) sector.
Economic Times

Shriram Finance raises $150 million from MUFG - over 1 year ago
The notes are secured by a fixed charge over specified receivables, in line with the company's domestic secured bonds and its senior secured debt issued overseas in US dollars and rupees.
Economic Times

Wall Street rises as bank fears fade, Nasdaq set for best quarter in two years - over 1 year ago
Investors await the February reading of personal consumption expenditures (PCE) price index, the Fed's preferred inflation gauge, due on Friday
Economic Times

Stock Radar: Buy Radico Khaitan for a target of Rs 1240, says Shivangi Sarda - over 1 year ago
"Radico Khaitan stock has started to gain strength and getting ready to come out of its consolidation and taking support at its 50-DEMA zones," Shivangi Sarda, Analyst, Derivatives and Technical Research, Motilal Oswal Financial Services Ltd, said.
Economic Times

5 largecaps that beat last month's volatility, with an upside potential upto 21% - over 1 year ago
All thanks to the US Fed move to raise interest rates, sudden change in mutual fund taxation laws, news flow on Adani group, have ensured that bears continue to rule Wall street and Dalal street market. The market breadth and all other market parameters have moved back into the deep correction zone.These large cap companies have shown an improvement in their SR score even in such turbulent times. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters.
Economic Times

IL&FS Financial Services settles 'fit and proper' declaration case with Sebi; pays Rs 13.65 lakh - over 1 year ago
Following this, IL&FS submitted the fit and proper declarations for financial years 2022, 2021, 2020 and 2019 to MSEI and also paid the settlement amount Rs 13.65 lakh. Accordingly, it settled the case with Sebi.
Economic Times

Trade Talk: Observing institutional activity can help options traders to filter stock - over 1 year ago
Rajesh Sriwastava, a professional trader with over 20 years of experience shares his strategy to filter stocks based on observing the institutional activity.
Economic Times

Morgan Stanley upgrades India to equal-weight; bets on financial, consumer discretionary sectors - over 1 year ago
Morgan Stanley has reduced active risk to zero from (-)50 bps, earlier. The overall score stands at 22, according to this report. Chile is another country which has been given an Equal-weight rating by Morgan Stanley.
Economic Times

TVS Motor, ITC among stocks with sustained growth at reasonable value: ICICI Securities - over 1 year ago
The high optimism growth stocks include Avenue Supermart, Siemens, Pidilite Industries, Nestle India, Page Industries, Tata Consumer Products, Hindustan Unilever, Britannia Industries, Thermax and Kotak Mahindra Bank.
Economic Times

Tax sops removal may prompt MFs to make fund-of-funds, international funds cost competitive - over 1 year ago
According to the new rules that come into effect from April 1, mutual funds with less than 35% investment in equities will be taxed short-term capital gains (STCG) based on income tax slab levels, similar to how bank fixed deposits are taxed.
Economic Times

Jefferies initiates buy on SBI Card; sees 25% upside aided by growth in card spends - over 1 year ago
Stock of India's second-largest credit card issuer could see 23% CAGR in card spends over FY23-26E, Jefferies said, adding that the company will leverage SBI's large customer base and its wide co-branded card tie-ups.
Economic Times

European stocks rally as banking fears fade, Spanish inflation cools - over 1 year ago
A drop in Germany's North Rhine-Westphalia inflation to 6.9% in March from 8.5% a month ago also helped European equities. The federal statistics office will publish a flash estimate for nationwide inflation at 1200 GMT.
Economic Times

Quantitative threshold as proposed in Sebi consultation paper may lead to disclosure overload, warns expert - over 1 year ago
“One will have to wait for the fine prints of the amendment, to see how SEBI introduces the quantitative thresholds for determining ‘materiality’ of events / information,” he further said.
Economic Times

Sebi board meeting: Decoding the slew of changes - over 1 year ago
While the purpose of the amendment was to ensure information symmetry, it might fuel more speculations in the market. This would further create greater debates in the corporates of confirming or denying any strategic decision at a nascent stage.
Economic Times

Nuveen invests $30 million in Aviom India Housing Finance - over 1 year ago
According to people in the know, her holding as the promoter comes down to 32% from 39% while Japan's Gojo has its stake reduced to 19% from 39%. C4D's stake is reduced to 9% from 13% while Sabre Partners AIF Trust's current holding is 3%. The balance is held by other minority shareholders.
Economic Times

Angel One, Dwarikesh Sugar, IGL to trade ex-dividend on Friday - over 1 year ago
Shares of companies will likely trade ex-dividend a day or two before the record date. When a company goes ex-dividend on a particular date, its stock does not carry the value of the next dividend payment. An ex-dividend date also dictates which shareholders are eligible to receive the dividend payment.
Economic Times

Learn with ETMarkets: Planning to start your journey into options trading? Here’s a quick guide - over 1 year ago
In stock markets, we can pay a small premium and protect ourselves from losses in our portfolio, and hence options are also called as insurance of stocks. Since market moves both up and down, we need to have insurance for both Bulls and Bears and hence we have 2 types of Options.
Economic Times

INOX Wind: When promoters put in money in troubled business, it calls for deeper look - over 1 year ago
How policy change impacted a well run company like INOX winds, while on face of it policy change was a death knell. But if one looks deeper into policy changes, it actually removed the bottleneck .Will this along with fresh infusion of fund help in turning around the future of the company
Economic Times

Crypto Comeback: Examining the surge in crypto prices - over 1 year ago
Last week, the Fed and its allies effectively bailed out the depositors of SVB. As part of this bailout, the Fed had to increase its balance sheet by 300 billion dollars. The Fed printed 300 billion new dollars, given that Bitcoin was built in response to the 2008 bank bailouts. BTC's price went parabolic in response to the SVB bailout.
Economic Times

Champagne is outperforming gold and the S&P 500. Here’s what to buy - over 1 year ago
Keep in mind that a decade ago the world’s finest bubbly accounted for a mere 2% of secondary market trades on Liv-Ex. That share climbed to make it the third most-traded region behind Bordeaux and Burgundy (at 18.7%) in Nov. 2022, and remained in third position until US wines spiked during the week of March 17-23.
Economic Times

5 largecaps that beaten have volatility of last one month, having an upside potential of up to 21% - over 1 year ago
All thanks to the US Fed move to raise interest rates, sudden change in mutual fund taxation laws, news flow on Adani group, have ensured that bears continue to rule Wall street and Dalal street market. The market breadth and all other market parameters have moved back into the deep correction zone.These large cap companies have shown an improvement in their SR score even in such turbulent times. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters.
Economic Times

4 stocks from capital good and engineering sector; with upside potential of up to 59 % - over 1 year ago
With the focus of government policies increasingly turning favourable toward the manufacturing sector, some of the capital goods and engineering companies are making a comeback on the analysts list.
Economic Times

India's IPO fundraising halves in FY23; two debutants deliver multibagger returns - over 1 year ago
Meanwhile, slowing down the trend of internet companies hitting the markets, only one new-age tech startup Delhivery made its debut this fiscal. Paytm, Nykaa, Zomato and Policybaazar were some of the marquee tech companies that entered the public markets in FY22.
Economic Times

Rs 10,000-investment swells to Rs 11 lakh! This smallcap multibagger soared 11K% in just 10 years - over 1 year ago
The multibagger stock has risen from being a penny stock available at just Rs 10.20 in April 2003 to over Rs 600 currently. In the last five years, the shares have surged 522% and the same jumped nearly 830% in the last three years.
Economic Times

Looking to build your portfolio? Take a look at these cement stocks - over 1 year ago
Improvement in capacity utilization is likely to support price hikes in the near term. Cement players have attempted price hikes in Feb-Mar’23; however, a significant portion of the hikes was reversed by offering discounts, incentives, and price cuts
Economic Times

11 Nifty50 stocks gave positive returns in 4 of the last 5 fiscals, which ones do you own? - over 1 year ago
These are HUL, ICICI Bank, ITC, L&T, Britannia Industries, Mahindra & Mahindra, NTPC, UltraTech Cement, Coal India, Eicher Motors, and IndusInd Bank.For markets, FY23 began on a tough note as Russia’s invasion of Ukraine pushed commodity prices higher, resulting in an unprecedented rise in inflation in world economies, including India
Economic Times

INOX Winds: When promoters put in money in troubled business, it calls for deeper look - over 1 year ago
How policy change impacted a well run company like INOX winds, while on face of it policy change was a death knell. But if one looks deeper into policy changes, it actually removed the bottleneck .Will this along with fresh infusion of fund help in turning around the future of the company
Economic Times

Wild stock market reversals put dip-buyers on pace for historic year - over 1 year ago
A Goldman Sachs Group Inc. basket of companies with weak balance sheets advanced for a fourth straight session, extending its gain this week to 3.3%. That compared with a weekly return of about 1% for a Goldman basket of companies with sturdy finances
Economic Times

Adani co stocks rebound, add ₹20,205 cr in mcap - over 1 year ago
Adani Group's market capitalisation surged by ₹20,205 crore on Wednesday to ₹9.09 lakh crore after falling by ₹49,400 crore the previous day. In the past week, these stocks have weakened again, possibly due to negative news flow. The group's clarification late last night to stock exchange was in response to a report by The Ken earlier in the day which raised questions on whether the conglomerate's promoters had repaid its loans against the shares they had pledged.
Economic Times

Account-to-account transfers free on UPI: NPCI - over 1 year ago
NPCI recently issued guidelines that allowed prepaid payment Instruments (PPI wallets) to be part of the interoperable UPI ecosystem.
Economic Times

Asian markets mixed as traders weigh rates outlook - over 1 year ago
Asian markets were mixed on Thursday as investors weighed US interest rates against the backdrop of recent turmoil in the financial sector. Markets have largely been reassured by comments from officials suggesting the fallout from the collapse of US regional banks and from Credit Suisse's troubles was contained
Economic Times

Traders make a bullish entry in April - over 1 year ago
According to analysts, the market recovery in the last half an hour of Wednesday's trade and the Nifty closing above 17,000-level has raised hopes of a short-term bounce. "A relief rally can commence if the Nifty surpasses 17,200," said Viraj Vyas, derivatives and technical analyst, institutional equities, Ashika Group. "But, the market remains a 'sell on rise' until it sustains above 17,600 levels."
Economic Times

Investors give thumbs down to CEO exits - over 1 year ago
Mahindra Lifespace Developers' shares declined nearly 6% last market after its CEO and MD, Arvind Subramanian, announced his resignation. Broking firm Angel One shares fell for three trading sessions after its chief executive, Narayan Gangadhar, resigned from the post on February 17. According to analysts, an unexpected exit by a CEO has mostly impacted stock prices in the near-term as the move is seen to be disruptive for companies' growth plans.
Economic Times