Stand-up Bets! 23 stocks that gave multibagger returns in 3 years - over 1 year ago
Analysis by ETMarkets has identified 23 stocks that have provided multibagger returns when held for at least three consecutive years. To be selected, stocks had to be from companies with a minimum market capitalisation of INR500 crore ($66.9m). Some of the leading performers included specialty chemicals and agrochemicals stocks, such as Alkyl Amines Chemicals, Vinati Organics, and Navin Fluorine International. Shares of information technology firm Coforge and Patanjali Foods were also identified alongside smallcap stock Quint Digital Media. Analysts recommended a stock-specific approach in the current market and the adoption of a "Quality, Value, and Growth (QVP) strategy".
Economic Times

Hot Stocks: Brokerages on Max Financial, Berger Paints, Polycab and HDFC Life - over 1 year ago
Jefferies maintained a buy rating on Max Financial and Polycab India based on their healthy growth trajectory, benefiting from the infra/capex/housing revival. Macquarie retained its underperform rating on Berger Paints, which reported slower Q4 sales performance, due to Grasim's entry. But it maintained an outperform rating on HDFC Life, citing the management's confidence in consistently delivering above industry APE growth and achieving 17-20% growth in the APE and VNB segments, despite regulatory changes and heightened competitive intensity.
Economic Times

Tech Mahindra among 4 stocks that jumped above their 200 DMAs - over 1 year ago
In the Nifty200 pack, these four stocks closed above their 200 DMAs (Daily Moving Averages) on May 15, 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. Take a look:
Economic Times

Sensex, Nifty trade lower amid losses in HDFC twins - over 1 year ago
In the Sensex pack, HDFC and HDFC Bank were the top losers, falling 1-2%. Maruti, M&M, IndusInd Bank, Kotak Bank and Axis Bank also opened with cuts. On the flip side, Sun Pharma, Asian Paints, Infosys, Wipro and Nestle opened with gains.
Economic Times

Sensex flat, Nifty below 18,400; PVR Inox loses 4% - over 1 year ago
Sensex flat, Nifty below 18,400; PVR Inox falls 4%, HDFC 2%; Bharti Airtel, Indian Oil Corporation, Bank of Baroda are some of the top gainers in the morning trade.
Economic Times

Stocks to buy today: 4 short-term trading ideas by experts for 16 May 2023 - over 1 year ago
Indian markets are expected to open higher, following global market cues. The buying sectors on previous trading sessions were realty, FMCG, telecom, and public sector. Meanwhile, selling sectors were oil and gas, utilities and power. The maximum weekly Call OI is placed at 18,500 and then towards 18,400 strikes while the maximum Put OI is placed at 18,300 and then towards 18,200 strikes. Options data suggests a broader trading range in between 18,000 to 18,600 zones while the immediate trading range between 18,250 to 18,500 zones.
Economic Times

Piping giant rises as food services major moves sideways - over 1 year ago
The price of this company has been moving in the Rs 1,600–Rs 1300 range for the past few months. Recently it has formed a higher low. Now the price has given a trendline breakout and thereby risen out of its consolidation. The breakout in price is supported by the rise in volume, which increases the reliability of the breakout.
Economic Times

Stocks in focus: Wipro, HCL Info and more - over 1 year ago
Nifty futures on the Singapore Exchange traded 45.5 points, or 0.25 per cent, higher at 18,449, 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 May 16, 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 Ashok Leyland and DLF while Nooresh Merani has a buy/sell recommendation on GAIL and Axis Bank for today's trading session. Check out the targets and stoploss.
Economic Times

Asian markets wobble as US struggles to reach debt deal - over 1 year ago
Asian equities were mostly mixed amid concerns US lawmakers remain far apart in their bid to raise the country's borrowing limit to avert a default. Treasury Secretary, Janet Yellen, again said the government would likely run out of cash on 1 June, sparking a potentially devastating default. Republicans are demanding spending cuts that Democrats want fiscal-tightening steps that GOP rejects.
Economic Times

F&O Ban: BHEL, GNFC, Delta Corp, PNB under ban on Tuesday; Manappuram Finance, Canara Bank exit - over 1 year ago
Bharat Heavy Electricals (BHEL), Delta Corp, Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), and Punjab National Bank (PNB) are among the four stocks that are under F&O ban for trading on Tuesday. Future & Options (F&O) contracts enter a ban period when open interest (OI) on it exceeds 95% of the market-wide position limits (MWPL), and the ban is reversed only if the OI falls below 80%. Traders who trade in indices will not face the ban. Indian markets closed in the green.
Economic Times

HDFC Bank, HDFC to trade ex-dividend today - over 1 year ago
HDFC Bank and HDFC shares will trade ex-dividend on May 16. HDFC Bank recommended a dividend of INR 19 per equity share, while HDFC declared an interim dividend of INR 44 per equity share. The former has fixed May 16 as record date for determining eligibility of shareholders, and the latter has set June 1 as the payment date for the interim dividend. HDFC Bank's Q4 FY2021 net profit rose 20% YoY, while HDFC's Q4 FY2021 standalone net profit rose 20% YoY.
Economic Times

Golden Crossovers: Titan, ICICI Bank among 5 stocks signalling further bullishness - over 1 year ago
In the NSE list of stocks, five stocks with a market cap of over Rs 1000 crore are witnessing Golden Crossovers, according to stockedge.com's technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks' 50-day simple moving averages (SMA) crossed their 200-day SMAs on May 15.
Economic Times

A hospital stock and a realty share with potential to rise 5%-6% - over 1 year ago
The markets on Monday had a good day, opening with minor gains, but picking up speed during the session. The Nifty gave up some of its gains in the closing hour, ending the day with almost half a percent rise.
Economic Times

Big Movers on D-St: What should investors do with Zensar Technologies, Max Healthcare and DLF? - over 1 year ago
Indian markets closed on a positive note with S&P BSE Sensex up by 300 points on Monday, while the Nifty50 closed below 18400 levels. The realty, FMCG, telecom, and public sectors were buying while power, utilities, and oil & gas witnessed some selling. Zensar Technologies is said to face a short-term decline, Max Healthcare is suggested to be bought on dips and DLF's stock has bullish long-term and medium-term technical indicators, with recommended fresh long positions to be initiated at the present level and on dips.
Economic Times

Asian stocks gain; Topix set for 3-decade high - over 1 year ago
Asian equities rose, with Japan's Topix index hitting its highest close since 1990. Hong Kong stocks rose by over 1% following an increase in the Nasdaq Golden Dragon China Index. Michael Burry also raised his bullish bets on Alibaba Group and e-commerce giant Inc. as filings showed. South Korean stocks rose, supported by chip stocks due to a possible merger between Kioxia Holdings and Western Digital Corp. Investors await a meeting between President Joe Biden and House Speaker Kevin McCarthy. The US debt-ceiling impasse is a headwind for the equity markets, according to Marko Kolanovic at JPMorgan Chase & Co.
Economic Times

Buffett sheds stake in TSMC, while Macquarie, Fidelity buy shares -filings - over 1 year ago
Big investment firms, including Macquarie, Fidelity, Tiger Global, and Coatue, purchased listed shares of Taiwanese TSMC, while Warren Buffet's Berkshire Hathaway sold its remaining stake, according to filings. Despite Buffet lauding TSMC as a "marvelous company," he expressed comfort with Japan over Taiwan investments amid rising tensions between the US and China. Macquarie added 78 million TSMC ADRs to an existing stake, with over $7.3 billion in the company. Fidelity increased its bet to almost $4 billion. Tiger Global invested $147.8 million in the shares. TSMC's US-listed shares increased 14.5% in 2021.
Economic Times

Berkshire invests in Capital One, sheds four stocks - over 1 year ago
Berkshire Hathaway has revealed its latest investments in a regulatory filing, cutting exposure to equities as it devoted more resources elsewhere. The financial services giant exited investments in Bank of New York Mellon, Taiwanese chip manufacturer TSMC, US Bancorp and furniture chain RH. However, it also revealed a new $41.3m stake in Diageo and an investment in Capital One Financial, which led shares of the bank to rise 5.7% in after-hours trading. The company ended March with $130.6bn in cash and equivalents.
Economic Times

Dow, S&P edge up as data, debt ceiling curb gains - over 1 year ago
The S&P 500 and Dow Jones closed up on Monday following weak manufacturing data, which raised concerns about the economic slowdown, which could help with declining inflation amid debt ceiling negotiations between the White House and Republicans. The Nasdaq was lifted by a rise in Meta shares. Investors will also focus on retail sales, weekly jobless claims and housing data on a lighter economic week. Oneok Inc's agreement to buy U.S. pipeline operator Magellan Midstream Partners in an $18.8bn deal caused Oneok's shares to slump by 9.06%, while shares of Magellan rose 12.99%.
Economic Times

Stocks in news: PVR Inox, Airtel, Bank of Baroda, Jindal Steel, Tube Investments - over 1 year ago
Multiplex chain operator PVR Inox has reported a net loss of Rs 333 crore for the quarter ended March. Revenue from operations during the fourth quarter more than doubled to Rs 1,143 crore.
Economic Times

Vedanta-Foxconn chip factory set to get green light - over 1 year ago
This will pave the way for the Centre’s bid to establish India as a global hub for semiconductors.
Economic Times

Panel may ready new list of public sector banks for privatisation - over 1 year ago
India may set up a panel to identify public sector banks that can be privatized, including mid- and small-sized ones. The move comes after state-owned lenders turned profitable and several rounds of consolidation reduced the number of banks. The committee, which may include officials from the Department of Investment and Public Asset Management, the RBI and Niti Aayog, will determine quantum of stake sale.
Economic Times

Sebi again seeks 6-month extension from SC for probe - over 1 year ago
The regulator also rejected a claim by a petitioner that it had been investigating the Adani Group since 2016. None of the Adani listed companies were part of the 51 investigated in relation to the issuance of global depository receipts (GDRs) at that time, it told the court on Monday in an affidavit.
Economic Times

Benign inflation outlook may not prompt RBI to ease - over 1 year ago
Driven largely by base effect, headline retail CPI inflation is expected to drop further with the JUne quarter inflation below 5 percent. The Reserve Bank in its April policy statement projected CPI inflation at 5.2 per cent for 2023-24, with April-June Q1 at 5.1 per cent.
Economic Times

HNIs eye private credit for better returns - over 1 year ago
Market-linked debentures (MLDs) that were earlier taxed at 10% after a holding period of more than a year are now taxed at marginal tax rates. Even investments in debt mutual funds are now taxed at marginal tax rates without any indexation benefits, irrespective of the duration of the investments.
Economic Times

Banks play safe on lending to airlines after Go Air bump - over 1 year ago
Credit worthiness of the sector was improving after Tata Group increased its presence in the sector acquiring Air India and with strong performance from IndiGo, but it has become highly negative after the bankruptcy filing by Go First, they said.
Economic Times

Fed officials favour pause to watch credit impact - over 1 year ago
"My baseline case is we won't really be thinking about cutting until well into 2024," Federal Reserve Bank of Atlanta President Raphael Bostic said Monday in an interview. "If you look at most measures of inflation, they're still two times where our target is. And so that's a long distance still to go."
Economic Times

Bank Nifty at all-time high. What should you do? - over 1 year ago
​​Analysts are, however, divided whether the index can continue its momentum after gaining almost 13% since March 15. Some expect the benchmark to extend its record-breaking run, while others fear the rally could fizzle out. If there is a sell-off in bank counters, they advise buying stocks such as SBI, Kotak Mahindra Bank, ICICI, Axis Bank, and IDFC First Bank.
Economic Times

FII flows, cooling prices lift D-St despite Karnataka poll results, US debt concerns - over 1 year ago
The Sensex closed at 62,345.71, up 317.81 points or 0.51%, after rising nearly 1% in Monday's trading. The Nifty closed at 18,398.85, up 84.05 points or 0.46%, after gaining as much as 1.1% to a high of 18,458.90. Both indices are about 2.7% away from their record levels.
Economic Times

Bank borrowing via CDs surges 50% in a year - over 1 year ago
In the last 12 months, weighted average lending rate on fresh loans sanctioned has increased by around 181 bps while weighted average domestic term deposit has increased by around 113 bps.
Economic Times

Tata Motors: Analysts bullish post Q4 numbers, stock at over 6-year high - over 1 year ago
Consensus price target on Tata Motors rose 11.6% to ₹581.63, Bloomberg data showed. US brokerage house Jefferies sees 25% upside potential from the current levels, while BNP Paribas believes the stock can yield another 23% returns from here.
Economic Times

SPML Infra lenders start Rs 2,000-crore debt sale - over 1 year ago
The anchor bid is submitted by the government backed National Asset Reconstruction Company Ltd (NARCL), one of the sources said. IDBI Capital Markets & Securities, acting on behalf of State Bank of India, Canara Bank, ICICI Bank, PNB, BOB, and Union Bank of India, has called bids for the debt of SPML Infra.
Economic Times

Stock Radar: AU Small Finance Bank records breakout from consolidation pattern; time to buy? - over 1 year ago
Experts predict that the momentum of the stock price of AU Small Finance Bank may continue, with short-term traders advised to buy the stock. The stock price of the bank broke out from a year-long consolidation pattern, rising 23% from Rs 580 to Rs 712 within a month, and hit a fresh 52-week high of Rs 721 on 15 May 2023.
Economic Times

S&P 500, Dow muted on slowdown fears; Meta lifts Nasdaq - over 1 year ago
The S&P 500 and Dow traded flat on Monday after manufacturing data raised concerns about an economic slowdown. The Nasdaq was boosted by Meta's shares gains. The New York Federal Reserve's "Empire State" index revealed current business conditions plummeted to -31.8 in May, from expectations of a 3.75 decline.
Economic Times

These 7 healthcare stocks touch their new 52-week highs, rally up to 43% in a month - over 1 year ago
Reaching a 52-week high is crucial to traders and investors, allowing them to evaluate the worth of a stock and make predictions about future price fluctuations. Among these seven stocks are Artemis Medicare Services, which rose 17% in the last month, and Neuland Laboratories, which soared 43%.
Economic Times

Ashish Kacholia, Bengal Finance buy 4.05% stake in IPO-bound Aeroflex Industries - over 1 year ago
Aeroflex Industries is a subsidiary of listed firm SAT Industries engaged in the manufacturing of flexible flow solution products. SAT Industries holds 92.18% of Aeroflex Industries, which recently filed its draft red herring prospectus with SEBI for an IPO to raise about Rs3.5 billion.
Economic Times

Adani Transmission seeks shareholders' nod to raise up to Rs 8,500 crore - over 1 year ago
The board of directors of the company at a meeting on May 13 approved the proposal of raising funds by way of issuance of equity shares of face value Rs 10 and/or other securities convertible into equity shares
Economic Times

NSE launches WTI Crude Oil, Natural Gas futures contracts - over 1 year ago
With the launches, the National Stock Exchange increased its product offering in the energy basket and overall commodity segment. Whilst the June 16, 2023, WTI Crude futures initially traded at Rs 5,852 on opening day, by 3:25 pm, the price had fallen by Rs 40 or 0.68%.
Economic Times

Stock Radar: Buy AU Small Finance Bank for a target of Rs 850 in 3 months, says Gaurav Bissa of InCred Equities - over 1 year ago
"AU Small Finance Bank stock has witnessed a breakout from its consolidation pattern on weekly charts. The stock has also triggered a buy signal based on Ichimoku studies," Gaurav Bissa, VP, InCred Equities, said.
Economic Times

Tata Motors back in top gear with improving cash flows and rising sales volume - over 1 year ago
Tata Motors' stock rose by nearly 3% after a strong performance in the March 2023 quarter, thanks to the continuing growth in Jaguar Land Rover (JLR) volume, higher revenue visibility in the domestic electric vehicle segment, and reduced debt burden. JLR's EBITDA margin increased to 14.6% and saw a 19% growth in volume reaching 95,000 units in Q3.
Economic Times

US stocks open higher on hopes of likely debt-ceiling deal - over 1 year ago
The Dow Jones Industrial Average rose 20.59 points, or 0.06%, at the open to 33,321.21.
Economic Times

Tech View: Nifty forms high wave type candlestick. What should traders do on Tuesday - over 1 year ago
The Nifty hit a five-month high and formed a positive candle on the daily chart with upper and lower shadows. Analysts predict that as long as Nifty's 18213 support is held, the index may bounce back towards 18,500 and then towards aggressive targets at its all-time high of 18,888. However, below 18,300, the uptrend becomes vulnerable and a quick correction of up to 18,150 may occur. Experts suggest that 18,400 is the short-term resistance zone for the Nifty with 18,300 as the support.
Economic Times

​Market Trading Guide: Tech Mahindra among 6 stock recommendations for Tuesday​ - over 1 year ago
Amid positive global markets and cooling domestic retail inflation, Indian equity indices closed higher on Monday, with BSE Sensex advancing 318 points or 0.51%, while its NSE counterpart Nifty50 closed just below 18,400."18500 – 18520 is the immediate hurdle while 18190 – 18220 shall act as a crucial support zone, and until this support zone is held, we can expect the dips to be bought into and the positive momentum to continue," Jatin Gedia, Technical Research Analyst at Sharekhan by BNP Paribas, said.
Economic Times

​Held by over 100 MF schemes, these 7 stocks have gained over 25% in 2023 - over 1 year ago
Individual investors are prudent enough to always keep track of the actions of their institutional peers as the latter always conduct thorough research before making significant stock investments. As of April, there were about 117 stocks held by more than 100 mutual fund schemes — the majority of them have shown positive returns in the current calendar year. However, ETMarkets has narrowed down the list to include only those stocks that have gained more than 25% during the period, in order to identify the top-performing ones. Based on these criteria, here’s a list of 7 stocks: (Data sourced: ACE MF)
Economic Times

Bharti Airtel Q4 Preview: Revenue growth to be modest; flat ARPU eyed - over 1 year ago
Bharti Airtel, the telecom giant, is expected to show modest revenue growth in Q4 amid lower subscriber additions and flat ARPU. Analysts anticipate consolidated revenues to rise between 0.4-2.7%, and net profit to rise up to 54% from the last quarter. However, the subscriber growth is limited to 1-3.5 million due to SIM consolidation, and analysts predict flat India EBITDA margins quarter-on-quarter with declining overall consolidated margins due to weak African margins. In Q3, the company showed a significant YoY jump in consolidated net profit and revenue from operations.
Economic Times

Nifty Bank misses all-time high by whisker; falls 0.10 points short of 44,151.80 - over 1 year ago
India's banking gauge, the Nifty Bank, was just 0.10 points from hitting its all-time high of 44,151.80 on 20 September, with all 12 stocks in the index closing with gains. The latest surge is due to growing fundamental tailwinds, although some analysts are cautioning that prices are trading near their all-time high and therefore a correctional fall cannot be ruled out. If the bank Nifty stays above its previous high, it is expected to move towards 44,444 and 45,000 levels, said Santosh Meena, head of research at Swastika Investmart.
Economic Times

Nifty Bank misses all-time high by whisker. Reverses 0.10 points short of 44,151.80 - over 1 year ago
India's banking gauge, the Nifty Bank, was just 0.10 points from hitting its all-time high of 44,151.80 on 20 September, with all 12 stocks in the index closing with gains. The latest surge is due to growing fundamental tailwinds, although some analysts are cautioning that prices are trading near their all-time high and therefore a correctional fall cannot be ruled out. If the bank Nifty stays above its previous high, it is expected to move towards 44,444 and 45,000 levels, said Santosh Meena, head of research at Swastika Investmart.
Economic Times

Incremental demat a/c additions slip 18% MoM to 16L in April versus 19L in March - over 1 year ago
The growth rate in incremental demat account additions slowed down by 18% in April, falling to 16 lakh accounts compared to 19 lakh the previous month and 24% lower than the monthly average of 21 lakh for FY2023. The total number of demat accounts increased to 11.6 crore in the same month. CDSL recorded a MoM increase in total and incremental market share, while NSDL's share declined on a YoY basis. Overall ADTO rose 131% YoY and 3% MoM to Rs 243 lakh crore, driven by increased F&O ADTO. The report also provides information on the performance of key discount and traditional brokers.
Economic Times

Nifty near its all-time high. Watch out for these 6 factors this week - over 1 year ago
Nifty is now just a few hundred points away from hitting its all time high of 18,887.60. Here are 6 factors to watch out for this week.
Economic Times

Sensex extends gains to Day 2, ends 318 pts higher; Nifty near 18,400 - over 1 year ago
The market capitalisation of all listed companies on BSE increased by Rs 96,187 crore to Rs 278.67 lakh crore.
Economic Times