Trent, M&M among 5 stocks with short buildup - about 2 months ago
A short buildup occurs when there is a rise in open interest and trading volumes, coupled with a decrease in the price of the underlying stock in the Futures and Options segment. This indicates that more traders are expecting the prices to decline and are creating short positions. In Monday's trading session, five stocks saw fresh short positions being built. Here's the list:
Economic Times

Manba Finance shares surge further post strong listing. Should you hold or exit?Baid Finserv Share Price - about 2 months ago
Manba Finance shares listed at nearly 21% premium over the IPO price. The strong listing reflects the company's robust growth, positive financial metrics, and the overwhelming investor response that saw the IPO subscribed 224.05x. Post listing, the shares gained further 5% to currently trade at 31% higher than the IPO price
Economic Times

Sensex may hit 1,00,000 by end of 2024, says Mark Mobius advising to buy dips - about 2 months ago
The outperformance of China will improve prospects for every Emerging Market, as it will increase flows into the destination, Mobius further mentioned.
Economic Times

Morgan Stanley sees up to 20% upside in Tata Power, Torrent Power & BHEL - about 2 months ago
Global investment bank Morgan Stanley in a recent research note, turned constructive on the utilities capex cycle and double upgrades Tata Power and Torrent Power. The global investment bank forecasts stronger earnings CAGR for private independent power producers (IPP) compared to regulated ones amid evidence of supply tightness in FY25.
Economic Times

Tech picks: Polycab, IOC among 5 stocks to buy for returns up to 23% in short term - about 2 months ago
Domestic markets sustained their upward momentum for the third consecutive week, largely driven by favorable global cues. Going ahead, global factors will play a pivotal role, especially with the absence of any major domestic events.In this setup, here are 5 stocks that you can consider buying for returns up to 23% in the short term.
Economic Times

Apollo Hospitals, Hindalco among 7 Nifty50 stocks that hit 52-week highs on Monday - about 2 months ago
Indian benchmark equity indices declined on Monday, with the Nifty 50 slipping below the 26,000 mark as investors booked profits, particularly in key IT and financial stocks. Despite the broader market weakness, seven Nifty50 stocks reached new 52-week highs. Here's the list:
Economic Times

Bitcoin slips below $64,500 amid global concerns; Dogecoin, Shiba Inu fall up to 4% - about 2 months ago
Cryptocurrency markets fell on Monday tracking global equities as geopolitical tensions and economic uncertainty weighed on investor sentiment.itcoin dropped 1.6%. Ethereum declined below the $2,650 level.
Economic Times

Chinese stocks enter bull market after biggest surge since 2008 - about 2 months ago
Chinese stocks have surged for the ninth consecutive day, driven by government stimulus measures. The CSI 300 Index saw its biggest jump since 2008, rising 8.5%. This rally follows policy changes including relaxed homebuyer rules and lower mortgage rates, boosting investor confidence in one of the world's most beaten-down markets.
Economic Times

KRBL, Kohinoor Foods among other rice stocks jump up to 7% as government lifts ban on non-basmati white riceLT Foods Share Price - about 2 months ago
Shares of Kohinoor Foods jumped 7.4% to its day’s high of Rs 47.45 while the shares of Chaman Lal Setia Exports rose 7% to their new all-time high of Rs 313.95. Meanwhile, LT Foods shares price went up by 4.3% to Rs 412.20 whereas KRBL shares were up by 3.7% to a high of Rs 312.
Economic Times

Stock market crash: Investors lose nearly Rs 3 lakh crore as Sensex, Nifty sink; 4 key factors behind Monday mayhemTata Consultancy Services Share Price - about 2 months ago
Indian benchmark indices fell sharply, with the Sensex dropping 1,000 points and the Nifty slipping below 26,000. The decline was led by Reliance Industries, IT, and financial stocks. Factors contributing to the fall include FIIs shifting focus to Chinese markets, geopolitical tensions, and nervousness ahead of key US data and Powell's speech.
Economic Times

Reliance Power shares tumble nearly 5% ahead of board meetingReliance Power Share Price - about 2 months ago
R Power Share Price: Shares of Reliance Power fell by 4.6% ahead of its Board meeting on October 3, breaking an 8-day winning streak. The decline follows the company's recent approval to issue up to 46.2 crore equity shares and/or warrants worth Rs 1,525 crore through a preferential allotment. Funds will be used for business expansion and debt reduction.
Economic Times

Federal Bank transitioning from value to quality stock, can rally up to 24%: NomuraKotak Mahindra Bank Share Price - about 2 months ago
As per the recent update, KVS Manian (ex Joint MD, Kotak Mahindra Bank) has taken over as the MD & CEO of Federal Bank (FB) last week and at FB, Manian inherits a strong platform – a robust deposit franchise with strong asset quality which, Nomura believes, has not been fully appreciated at current valuations.
Economic Times

Biocon shares drop 2% after USFDA issues 4 observations for Bengaluru API facilityBiocon Share Price - about 2 months ago
Biocon shares fell 2% to Rs 361.5 after the USFDA issued four observations following an inspection of its Bengaluru API facility. The company will address these within the stipulated time and does not foresee any material impact on business operations. Biocon's market capitalization stands at Rs 44,266 crore.
Economic Times

Monday Blues! Sensex plummets over 1,000 points, Nifty below 26KTata Consultancy Services Share Price - about 2 months ago
Sensex and Nifty50 faced significant losses on Monday due to mixed regional market cues and geopolitical tensions in the Middle East. Key stocks like Reliance Industries, Infosys, TCS, and ICICI Bank weighed down the indices. Investors are also awaiting major U.S. economic data and Federal Reserve comments.
Economic Times

Investors lose nearly Rs 3 lakh crore as Sensex, Nifty sink; 4 key factors behind Monday mayhemTata Consultancy Services Share Price - about 2 months ago
Indian benchmark indices fell sharply, with the Sensex dropping 1,000 points and the Nifty slipping below 26,000. The decline was led by Reliance Industries, IT, and financial stocks. Factors contributing to the fall include FIIs shifting focus to Chinese markets, geopolitical tensions, and nervousness ahead of key US data and Powell's speech.
Economic Times

Rice stocks jump up to 7% as government lifts ban on non-basmati white riceLT Foods Share Price - about 2 months ago
Shares of Kohinoor Foods jumped 7.4% to its day’s high of Rs 47.45 while the shares of Chaman Lal Setia Exports rose 7% to their new all-time high of Rs 313.95. Meanwhile, LT Foods shares price went up by 4.3% to Rs 412.20 whereas KRBL shares were up by 3.7% to a high of Rs 312.
Economic Times

Metal stocks defy sell-off. NMDC, Vedanta rally up to 5%Vedanta Share Price - about 2 months ago
The China Central Bank Governor Pan Gongsheng, earlier last week had announced plans to lower borrowing costs and inject more liquidity into the economy while also announcing that the reserve requirement ratios (RRR), the percentage of cash banks are required to hold as reserves, was cut by 50 basis points (bps), later in the week.
Economic Times

Ola Electric shares fall 4%, slip below Rs 100 for the first time since listing - about 2 months ago
Ola Electric, India's leading electric two-wheeler maker, announced plans to expand its service network and offer new customer benefits to boost EV adoption.
Economic Times

Monday Blues! Sensex slides 800 points, Nifty below 26K on mixed global cuesTata Consultancy Services Share Price - about 2 months ago
Indian benchmark indices Sensex and Nifty50 opened lower on Monday due to mixed regional market cues and geopolitical tensions in the Middle East. Major stocks like Reliance Industries and Infosys saw declines. Investors are also eyeing upcoming U.S. economic data that could influence Federal Reserve rate decisions.
Economic Times

Investors lose nearly Rs 3 lakh crore as Sensex, Nifty sink; key factors behind Monday mayhemTata Consultancy Services Share Price - about 2 months ago
Indian benchmark indices fell sharply, with the Sensex dropping over 750 points and the Nifty slipping below 26,000. The decline was led by Reliance Industries, IT, and financial stocks. Factors contributing to the fall include FIIs shifting focus to Chinese markets, geopolitical tensions, and nervousness ahead of key US data and Powell's speech.
Economic Times

Stock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 41 % - about 2 months ago
As the Nifty and Sensex continue to touch new highs with just minor corrective moves, it is the bulls who are in control of the street. In such conditions, a decision to hold current stocks is probably an easy one. The more difficult decision is: Which sectors and stocks should one look at when investing fresh money? Rather than looking at what is happening to stock prices, look at the underlying business. Finally it is the real business which matters and, even in a bullish market, sectors seeing real and positive change are likely to perform better. So look at stocks where analysts' outlook has improved over the last one month. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars – earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
Economic Times

PC Jeweller shares jump 4% ahead of board meeting to consider stock splitPC Jeweller Share Price - about 2 months ago
PC Jeweller's shares surged 4.2% to a new 52-week high as the company announced it will consider a stock split at its board meeting. The company will also discuss appointing new directors. PC Jeweller has seen significant stock gains over the past year, driven by its jewellery business operations.
Economic Times

Investors lose nearly Rs 3 lakh crore as Sensex, Nifty sink; key factors behind Monday mayhem on D-StTata Consultancy Services Share Price - about 2 months ago
Indian benchmark indices fell sharply, with the Sensex dropping over 750 points and the Nifty slipping below 26,000. The decline was led by Reliance Industries, IT, and financial stocks. Factors contributing to the fall include FIIs shifting focus to Chinese markets, geopolitical tensions, and nervousness ahead of key US data and Powell's speech.
Economic Times

Stock Radar: This realty stock breaks out from 16-week consolidation to hit record high; time to buy?Oberoi Realty Share Price - about 2 months ago
Oberoi Realty Ltd has broken out from a 16-week consolidation, reaching a new record high in September. Experts suggest short-term traders could target above Rs 2000-2100. The stock is trading below the 5-DMA but above other key moving averages, with bullish indicators suggesting further upward movement.
Economic Times

Ola Electric shares in focus on plans to double service centers to 1,000 by December - about 2 months ago
Ola Electric, India's leading electric two-wheeler maker, announced plans to expand its service network and offer new customer benefits to boost EV adoption.
Economic Times

Monday Blues! Sensex slides 700 points, Nifty below 26K on mixed global cuesTata Consultancy Services Share Price - about 2 months ago
Indian benchmark indices Sensex and Nifty50 opened lower on Monday, influenced by mixed regional market cues and declines in major stocks like Reliance Industries and Infosys.
Economic Times

3 changes stock market investors need to be aware of from October 1 - about 2 months ago
From October 1, Indian stock market investors will face changes including revised transaction fees by BSE and NSE, an increase in Securities Transaction Tax on Futures & Options trading, and new taxation rules for share buybacks. These changes could impact trading strategies and profits.
Economic Times

Hot stocks: Brokerage views on Zomato, IndusInd Bank, Varun Beverages and Asian PaintsZomato Share Price - about 2 months ago
Global brokerage CLSA has maintained its Outperform rating on Zomato with a target price of Rs 283.90/share. Zomato remains CLSA's top pick in the food delivery space. Zomato gains in metrics over Swiggy in FY24 and Q1FY25. The QSRs are losing market share to aggregators.
Economic Times

Stocks to buy today: RIL, Titan among top 8 trading ideas for 30 September 2024Reliance Industries Share Price - about 2 months ago
The Indian market is expected to consolidate on Monday, influenced by global cues. The Nifty future saw slight gains on Friday. Analysts suggest a broader trading range and highlight key support and resistance levels. Several stock recommendations are provided for short-term traders, including Gravita India, Praj Industries, and Colgate Palmolive India.
Economic Times

Adani Energy shares in focus after transfer of Dahanu Thermal Power Station to subsidiaryReliance Infrastructure Share Price - about 2 months ago
Adani Energy Solutions shares are in focus as Adani Electricity Mumbai transfers the Adani Dahanu Thermal Power Station to North Maharashtra Power Ltd. through a slump sale. This move, part of a broader restructuring strategy, aims to attract ESG-focused investors and improve the company's global utility rankings. The transaction awaits regulatory approval.
Economic Times

Shanghai stocks soar more than 5% on better than expected PMI data - about 2 months ago
Shares in Hong Kong and mainland China surged on Monday after key economic data was released. Despite a sharp decline in China's manufacturing activity, traders welcomed measures aimed at revitalizing the economy, particularly the property sector. Major indices like the Hang Seng, Shanghai Composite, and Shenzhen Composite saw significant gains as a result.
Economic Times

Shanghai stocks soar more than 5% as September PMI cools - about 2 months ago
Shares in Hong Kong and mainland China surged on Monday after China's services activity expansion slowed in September. Traders welcomed Beijing's measures to boost the economy, especially the property sector. The Hang Seng Index rose 3.14 percent, while the Shanghai Composite Index jumped 5.54 percent, and the Shenzhen Composite Index climbed 5.18 percent.
Economic Times

These 5 stocks closed crossing above VWAP on September 27 - about 2 months ago
On September 27, the closing prices of five stocks from the Nifty500 pack rallied over 1.5% relative to the VWAP (Volume Weighted Average Price), and a shift above the VWAP suggests a potential bullish trend, according to stockedge.com's technical scan data. When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average being weighted by trading volume. This occurrence is often interpreted as a potential bullish signal by traders and investors. Potentially indicating positive sentiment in the market.
Economic Times

Biocon shares in focus after issues 4 observations for Bengaluru API facilityBiocon Share Price - about 2 months ago
Shares of Biocon have surged 44% in 2024 to date and 30% over the past two years, with the company currently holding a market capitalization of Rs 44,266 crore.
Economic Times

Shanghai stocks soar more than 5% on China stimulus - about 2 months ago
Shares in Hong Kong and mainland China soared soon after opening on Monday morning as traders cheered Beijing's raft of measures aimed at kickstarting the country's stuttering economy, particularly the property sector. The gains built on last week's surge that came on the back of a series of stimulus measures by China's leadership as it tries to reverse a painful slowdown in the world's number two economy.
Economic Times

Trent, BEL shares enter Nifty today. Does the hot seat mean more returns?Trent Share Price - about 2 months ago
The stock market follows a historical pattern of rewarding new entrants. Out of the 15 stocks that have been included in Nifty since 2018, 11 of them have given positive returns in the next 12 months of their entry, shows data from SAMCO Securities.
Economic Times

PC Jeweller shares in focus as board to consider stock split in upcoming meeting - about 2 months ago
​The stock ended Friday's session at Rs 169, hitting a 5% upper circuit.
Economic Times

Nifty sheds September seasonality baggage to end with MoM gains. Realty towers, PSU banks fall - about 2 months ago
While Nifty scaled an all-time high of 26,277.35 on Friday and is still going strong, in the previous 10-years leading to 2023, it had ended with declines on six occasions. Its worst fall was in 2018 (-6.04) while its highest gain in 2019 (4%).
Economic Times

Bullish Momentum: 5 stocks with White Marubozu Pattern on Sept 27 - about 2 months ago
On September 27, five stocks from the Nifty500 pack came to the bullish scanner of "White Marubozu", according to stockedge.com's technical scan data. A White Marubozu is a bullish candlestick pattern in technical analysis. It occurs when the opening price is the lowest for a given period, and the closing price is the highest. Represented by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, it indicates strong buying pressure throughout the session. Traders interpret it as a signal that buyers were in control from the opening to the closing, often using such patterns for informed decisions about future price movements in financial markets.
Economic Times

PNB shares in focus after the company raised Rs 5,000 crore through QIPPunjab National Bank Share Price - about 2 months ago
Punjab National Bank has successfully raised Rs 5,000 crore through a qualified institutional placement, allocating about 48.19 crore equity shares at Rs 103.75 per share. The issue saw significant interest from institutional buyers, with bids totaling Rs 41,734 crore. This capital will enhance the bank's CET-1 Ratio and overall Capital Adequacy Ratio.
Economic Times

IDFC shares in focus following completion of merger with IDFC First BankIDFC First Bank Share Price - about 2 months ago
IDFC FIRST Bank has merged with IDFC after obtaining necessary approvals. Effective from October 1, the merger simplifies the corporate structure and enables dividend payments. Shareholders will receive 155 equity shares of the Bank for every 100 shares held in IDFC Ltd. The record date is October 10, with shares credited by October 31.
Economic Times

BEL shares under spotlight after government nod for JV with Israel Aerospace IndustriesBharat Electronics Share Price - about 2 months ago
Shares of Bharat Electronics will be in focus after the government approved a joint venture with Israel Aerospace Industries. The JV will support Medium-Range Surface to Air Missile Systems in India. BEL shares have risen significantly, delivering 111% returns in the past year and 57% this year.
Economic Times

KRN Heat Exchanger IPO allotment expected soon as GMP indicates 125% debut gains. All details here - about 2 months ago
The share allotment for KRN Heat Exchanger's IPO is expected to be finalized today after a strong subscription response. Investors can check their allotment status via the BSE or the registrar's website. The company's shares are set to list on October 3, with a GMP indicating a 125% premium.
Economic Times

NeoPolitan Pizza and Foods IPO: Check issue size, price band, GMP and other details - about 2 months ago
NeoPolitan Pizza and Foods has launched its SME IPO, aiming to raise Rs 12 crore through a fresh equity issue of 60 lakh shares. The price is set at Rs 20 per share, with the subscription period closing on October 3. The company operates in the restaurant and agricultural commodities trading sectors.
Economic Times

Paramount Dye Tec IPO: All you need to know before subscribing - about 2 months ago
Paramount Dye Tec's SME IPO will open for subscription today and will close on October 3. The company aims to raise Rs 28 crore by issuing 24.3 lakh fresh equity shares at a price band of Rs 111-117 each. The funds will be used for setting up a manufacturing unit, debt repayment, and other corporate purposes.
Economic Times

Subam Papers IPO opens today: Check GMP, price band, and other details - about 2 months ago
Subam Papers' SME IPO will open for subscription today and will close on October 3. The company aims to raise Rs 94 crore through a fresh equity issue of 61.64 lakh shares, priced between Rs 144-152 each. The proceeds will be used for capital expenditure and general corporate purposes.
Economic Times

Japan's Nikkei plunges 4% on stronger yen after Ishiba win - about 2 months ago
Japan's Nikkei share average fell over 4% due to a stronger yen after Shigeru Ishiba, perceived as a monetary policy hawk, won the prime ministerial contest. The broader Topix index also declined, and government bond yields rose. Ishiba's stance on monetary policy remains unclear as he assumes office on Tuesday.
Economic Times

WOL 3D India to debut on NSE SME platform today. Check GMP ahead of listing - about 2 months ago
WOL 3D India is set to debut on the NSE SME platform today with its shares commanding a grey market premium of Rs 75. The IPO, entirely a fresh equity sale, saw an overwhelming subscription of over 300 times. The company provides 3D printing solutions across various sectors and aims to use the proceeds for debt repayment and working capital.
Economic Times

Rappid Valves shares to list today. Here's what to expect - about 2 months ago
Rappid Valves shares are set to debut on the NSE SME platform today with a premium of 41% over the issue price. The IPO, which saw a subscription of 176 times, aims to fund capital expenditure, debt repayment, and acquisitions. The company specializes in manufacturing various types of industrial valves.
Economic Times

Manba Finance shares to debut today; GMP indicates strong listingBaid Finserv Share Price - about 2 months ago
Manba Finance shares are set to debut on the exchanges today, with a strong grey market premium indicating potential gains for investors. The company plans to use the proceeds to bolster its capital base. Manba Finance has shown significant growth in two-wheeler loans and posted a substantial profit increase in FY24.
Economic Times