Explained: Why SEBI blocked Arshad Warsi, wife from stock trading due to 'Pump & Dump' charges - over 1 year ago
The Securities and Exchange Board of India (Sebi) on Thursday barred 45 entities, including actor Arshad Warsi and his wife Maria Goretti, from the securities market in cases related to the manipulation of share prices of two companies by uploading YouTube videos. Here's all you need to know about such 'pump and dump' schemes.
Economic Times

Tech View: Nifty forms green candles on daily, weekly charts. What should traders do next week - over 1 year ago
Nifty is in an attempt of staging an upside breakout of the initial hurdle at 17,600 levels and a move above this area could open the next upside resistance of around 17,800 levels in the near term, chart readers said
Economic Times

Decoding banks' exposure to Adani stock - over 1 year ago
Decoding banks' exposure to Adani stocks, 39-40% of the company's debt of close to Rs 2 lakh cr is from the Indian banking sector from PSUs to private banks, ET Now's Shersh Sayta breaks down Adani Group's debt exposure from the banking sector
Economic Times

Adani's Rs 15,446 cr deal restores belief in group's fundraising abilities: Analysts - over 1 year ago
Analysts maintained promoters can use the money raised through the transaction to infuse capital into any group company requiring the funds through warrants, rights issues, or any other instrument.
Economic Times

Sensex ends 900 pts higher; Nifty above 17,550; Adani Ent rallies 16%, Union Bank 9% HL - over 1 year ago
Sensex resumes upmove after 1-day break, ends 900 pts higher; Nifty above 17,550; Adani Ent rallies 16%, Union Bank 9%
Economic Times

Midcap pharma stock rises over 4% on share buyback plan - over 1 year ago
Natco Pharma has a market cap of Rs 10,367 crore as of March 3, 2023. From its 52-week high of Rs 920, the stock is trading 38% lower at Rs 567 per share.
Economic Times

Sensex ends 900 points higher: Top 6 factors behind the stock rally today - over 1 year ago
Adani Group stocks were among the biggest gainers on Dalal Street on Friday with Nifty stock Adani Enterprises ending 17% higher. 6 out of 10 stocks in the pack ended in 5% upper circuit. All Adani stocks ended in the green zone following a Rs 15,000 crore deal with US-based entity GQG Partners.
Economic Times

March 7 or 8 — when is the stock market holiday for Holi? - over 1 year ago
For now, both BSE and NSE are closed on March 7 on account of Holi. However, a leading stock brokers’ association Anmi (Association of National Exchanges Members of India) has requested the government, Sebi and exchanges to change the holiday to March 8
Economic Times

Sensex zooms over 1,000 points: Top 6 factors behind the stock rally today - over 1 year ago
Buying was seen across sectors and market segments, with PSU banks and Adani stocks leading the upside bounce. FII selling, however, can limit the upside as foreigners have sold Indian stocks worth nearly Rs 38,000 crore so far in the calendar year.
Economic Times

Explainer: What is YouTube pump-and-dump scheme that turned Sebi red-faced - over 1 year ago
As the name suggests, the pump-and-dump scheme involves "pumping up" the share price, that is driving it higher by spreading misleading information through social media channels or various other media
Economic Times

Sensex zooms over 900 points: Top 6 factors behind the stock rally today - over 1 year ago
Buying was seen across sectors and market segments, with PSU banks and Adani stocks leading the upside bounce. FII selling, however, can limit the upside as foreigners have sold Indian stocks worth nearly Rs 38,000 crore so far in the calendar year.
Economic Times

Sensex zooms 900 points: Top 6 factors behind the stock rally today - over 1 year ago
Buying was seen across sectors and market segments, with PSU banks and Adani stocks leading the upside bounce. FII selling, however, can limit the upside as foreigners have sold Indian stocks worth nearly Rs 38,000 crore so far in the calendar year.
Economic Times

PSU bank stocks jump up to 10% on Friday. Here's why - over 1 year ago
Shares of Punjab & Sind Bank were the top gainers in today’s trade as the stock surged over 10% to Rs 29.12 apiece. While, shares of UCO Bank, Bank of India, and Bank of Maharashtra rose over 5%. SBI, Bank of Baroda, Union Bank, and Central Bank of India advanced over 3%.
Economic Times

Buzzing Stock: SBI shares climb 6%. What's cooking? - over 1 year ago
SBI may look to lower its stake in YES Bank after a lock-in period ends on March 13, which was put in place by the central bank as a part of the lender's restructuring, two sources told Reuters.
Economic Times

Sensex zooms over 800 points: Top 6 factors behind the stock rally today - over 1 year ago
Buying was seen across sectors and market segments, with PSU banks and Adani stocks leading the upside bounce. FII selling, however, can limit the upside as foreigners have sold Indian stocks worth nearly Rs 38,000 crore so far in the calendar year.
Economic Times

Real-estate sector; 3 stocks with “strong buy” & 5 with “buy” reco having an upside potential of up to 52% - over 1 year ago
After remaining in dumps for over a decade, real estate stocks made a comeback during covid. Multiple factors brought them back to the centre stage. Increase in demand took care of excess inventory and helped companies both with cash flow and debt position. Once again the flow of savings has shifted toward real estate as an asset class.
Economic Times

Sensex rallies over 800 pts, Nifty above 17,550; SBI jumps 4%, Paytm 3% - over 1 year ago
From the Sensex pack, SBI and IndusInd Bank were the top gainers, rising about 1.5-3%. NTPC, ITC, Power Grid, Tata Steel and HCL Tech also opened with gains. Meanwhile, only Sun Pharma and Asian Paints opened with cuts.
Economic Times

GQG Co-founder Rajiv Jain is quietly building a $92 billion stock empire in Florida - over 1 year ago
In 2022, when most asset managers watched clients yank cash from their funds as markets cratered, GQG thrived. The firm lured $8 billion in fresh investment and three of its four flagship funds beat benchmark indexes by wide margins.
Economic Times

Volatility may be an opportunity; 4 smallcap stocks with high ROE & profit margin - over 1 year ago
Investing in small cap stocks is one of the toughest challenges for any investor. However, if an investor gets his decision right, the returns on investment on getting (ROI) are high. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from small cap space with high upside potential over the next 12 months, having an average recommendation rating of “Buy” or "Strong Buy" and also meeting some parameters like net margins and return on equity.
Economic Times

How Rs 15,000 crore-deal made Adani stock investors richer by Rs 76,000 crore - over 1 year ago
However, the Supreme Court-appointed committee and Sebi's investigation into the stock crash and the Hindenburg report will remain a key overhang on the stock till the investigation is completed in the next two months.
Economic Times

GQG Co-founder Rajiv Jain is creating an investing empire in Florida - over 1 year ago
In 2022, when most asset managers watched clients yank cash from their funds as markets cratered, GQG thrived. The firm lured $8 billion in fresh investment and three of its four flagship funds beat benchmark indexes by wide margins.
Economic Times

12 out of 15 Damani stocks correct up to 25% from Dec highs. Take a look! - over 1 year ago
Damani’s prominent investments include India Cements with about 21% stake and VST Industries with 31% stake. Besides, he holds over 67% stake in Avenue Supermarts and is the promoter of the DMart supermarket chain operator.
Economic Times

Sensex rallies over 700 pts, Nifty above 17,500; SBI jumps 4%, Paytm 3% - over 1 year ago
From the Sensex pack, SBI and IndusInd Bank were the top gainers, rising about 1.5-3%. NTPC, ITC, Power Grid, Tata Steel and HCL Tech also opened with gains. Meanwhile, only Sun Pharma and Asian Paints opened with cuts.
Economic Times

Chart Check: After 20% return in Feb, breakout from falling trendline makes this consumer electric company a strong buy - over 1 year ago
The stock which is part of the S&P BSE 500 index hit a 52-week high of Rs 1,218 on 1 March 2023. The neckline of the pattern was placed around Rs 978. The stock closed at Rs 1,172 on 1 March.
Economic Times

Stocks to buy today: 6 short-term trading ideas by experts for 3 March 2023 - over 1 year ago
India VIX moved down by 0.23% from 13 to 12.97 levels in the previous trading session. Volatility needs to cool down below 12-13 zones for market stability.
Economic Times

Blackstone defaults on $562 million Nordic property-backed CMBS - over 1 year ago
The asset management giant and prolific real estate investor sought an extension from the bondholders to repay the debt, but they voted against it, the report said on Thursday, citing people familiar with the matter.
Economic Times

Hot Stocks: Brokerages on UltraTech Cements, GAIL India, and Cipla - over 1 year ago
Goldman Sachs maintained its buy rating on UltraTech Cements with a target price of Rs 8500. The global investment bank is seeing improved visibility on growth, and the valuations are now looking more attractive.
Economic Times

Sensex rallies over 600 pts, Nifty above 17,500; SBI jumps 4%, Paytm 3% - over 1 year ago
From the Sensex pack, SBI and IndusInd Bank were the top gainers, rising about 1.5-3%. NTPC, ITC, Power Grid, Tata Steel and HCL Tech also opened with gains. Meanwhile, only Sun Pharma and Asian Paints opened with cuts.
Economic Times

GQG Partners sees shares fall as much as 3% after Adani investment - over 1 year ago
"He does not explicitly run an ESG fund, and importantly, his investors are well aware of that," he said in reference to GQG buying into Adani which has major coal assets. ESG stands for environmental, social and governance.
Economic Times

Adani Group block deal: Who is GQG Partners, ET NOW explains - over 1 year ago
United States boutique investment firm GQG Partners has bought shares worth USD 1.87 billion in four Adani group companies, Reuters reported. The decision of GQG marks the first major investment in the Adani group since a short-seller critical report resulted in a stock rout. Who is GQG Partners' Rajiv Jain, the man who bought a heavy amount of Adani shares? ET NOW's Nikunj Dalmia weighs in.
Economic Times

Fundamental Radar: Low debt & short working capital cycle makes Kirloskar Brothers an attractive buy - over 1 year ago
"Kirloskar Brothers Ltd. (KBL) is one of the largest players in the pumps industry and has a diverse range of offerings in pumps. We expect revenue/earnings CAGR of ~11%/~27% over FY23-FY25E. The company has low debt, short working capital cycle," Khadija Mantri, AVP Research at Sharekhan by BNP Paribas, said.
Economic Times

Adani stocks soar up to 10% after Rs 15,000 crore mega deal with GQG Partners - over 1 year ago
​​Shares of Adani Enterprises were locked in 10% upper circuit limit at Rs 1,767.35. Stocks of 6 other group companies - Adani Transmission, Adani Green Energy, Adani Total Gas, Adani Wilmar, Adani Power and NDTV - were locked in their 5% upper circuit brackets.
Economic Times

Sensex jumps over 400 pts, Nifty above 17,400; PSU banks buzzing in trade - over 1 year ago
From the Sensex pack, SBI and IndusInd Bank were the top gainers, rising about 1.5-3%. NTPC, ITC, Power Grid, Tata Steel and HCL Tech also opened with gains. Meanwhile, only Sun Pharma and Asian Paints opened with cuts.
Economic Times

Is El Nino another problem for stock market investors? Here's what insiders say - over 1 year ago
The meteorological department has flagged high probability of above normal temperatures in March-May, attributing 50% chance of El Nino conditions coinciding with the crucial southwest monsoon.
Economic Times

ITC among 10 stocks that can rally up to 60%: Axis Securities - over 1 year ago
Domestic brokerage firm Axis Securities is positive on a few stocks, which can rally up to 60% in 2023. The brokerage believes the worst of the FIIs outflow is now behind as the strong earnings growth and economic recovery will play out for the remaining months of FY23. Axis Securities believes that the Indian economy stands in a sweet spot of growth and remains the land of stability against the backdrop of a volatile global economy. It also believes that the current setup is a ‘Buy on Dips’ market. Here's a list of 10 stocks that can rally up to 60%, according to Axis Securities:
Economic Times

Two-wheeler players last on analysts' radar in auto space. What should investors do? - over 1 year ago
Stocks specifically, within the two-wheeler space, the brokerage is positive on Bajaj Auto as it expects recovery in domestic sales from now and bounce back of exports 3-4 months down the line as dollar scenario improves in Africa.
Economic Times

Sensex gains over 400 points, Nifty above 17,400; Adani stocks rally up to 10% - over 1 year ago
Sensex jumps over 400 points, Nifty above 17,400; Adani stocks rally up to 10%, SBI 5%; Yes Bank, PNB, Vodafone Idea are some of the top movers in morning trade.
Economic Times

Stocks in focus: M&M Fin, Jindal Steel and more - over 1 year ago
Nifty futures on the Singapore Exchange traded 106 points, or 0.61 per cent, higher at 17,461, signaling that Dalal Street was headed for a positive start on Friday. Here are some stocks which are expected to see some action in trade today.
Economic Times

Buy or Sell: Stock ideas by experts for March 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 Indian Bank and Voltas while Nooresh Merani has a buy/sell recommendation on Coal India and SBI for today's trading session. Check out the targets and stoploss.
Economic Times

One Tata group stock and a PSU for short-term upside breakout trade - over 1 year ago
The company’s price peaked in November 2022 and has been moving sideways ever since, between Rs 229 and Rs 207. Recently, its price formed a higher low and has now given a breakout from a falling trendline. The trendline breakout has accompanied the rise in volume, which increases the reliability of the breakout.
Economic Times

Asian stocks up on hopes Fed will adopt slow approach to more hikes - over 1 year ago
The Dow Jones Industrial Average rose around 1%, while the S&P 500 and Nasdaq Composite both gained around 0.75%, even as Tesla Inc fell nearly 6% after the company failed to impress investors with few details on its plan to unveil an affordable electric vehicle.
Economic Times

Big Movers on D-St: What should investors do with RVNL, Nykaa and BHEL? - over 1 year ago
After a long correction, the stock took support near Rs 55 level and bounce back sharply. Post reversal, the stock rallied over 15% and also formed a long bullish candle on daily charts.However, the short-term texture of the stock is still volatile and non-directional perhaps, traders are waiting for either side confirmation.
Economic Times

US stock market: Stocks gain as Bostic backs quarter-point hike - over 1 year ago
At the closing bell, Fed Governor Christopher Waller said a string of "hot" data may force the U.S. central bank to raise rates higher than the 5.1%-5.4% range projected by the majority of Federal Reserve policymakers as recently as December.
Economic Times

SGX Nifty up 105 points; here's what changed for market while you were sleeping - over 1 year ago
OI data indicates that on the call side the highest OI was witnessed at 17500 strike price while on the put side, the highest OI was at 17000 strike price.
Economic Times

Stocks in news: Adani Enterprises, Adani Ports, YES Bank, Edelweiss Financial Services, Natco Pharma - over 1 year ago
M&M Financial Services reported a total disbursement of Rs 4,185 crore in February, delivering 53% growth over February 2022. Consequently, the loan book grew further by 1.5% over January 2023. The collection efficiency (CE) was at 97% for February 2023 compared to 98% achieved in February 2022.
Economic Times

SC names panel to review investor protection norms - over 1 year ago
The expert committee is headed by former Supreme Court judge Abhay Manohar Sapre. Its members are former State Bank of India chairman OP Bhatt, former Bombay High Court judge JP Devadhar, noted banker and National Bank for Financing Infrastructure and Development (NaBFID) chairperson KV Kamath, Infosys cofounder Nandan Nilekani and securities lawyer Somasekhar Sundaresan.
Economic Times

India has created the right conditions to spur demand: Shailesh Jejurikar, COO, P&G - over 1 year ago
"Conditions are definitely being set up for demand generation and we have to be able to use these conditions of investment in the infrastructure, digital capacity and human capital," Shailesh Jejurikar, chief operating officer at Procter & Gamble Co, told ET in an interview.
Economic Times

Adani sells $1.87 billion stake in Group companies - over 1 year ago
Sources said the conglomerate may also use the funds to prepay a $750-million mezzanine debt facility, which was also taken to help finance the purchase of the twin cement assets, billed as the biggest takeover in India's building materials industry to date.
Economic Times

Axis Bank may face P&L hit in Q4 on Citi India retail buyout - over 1 year ago
Analysts say that since the lender would also have a post-integration expense of ₹1,500 crore expensed over 18 months, the deal will only be profit accretive at the end of the calendar year 2024.
Economic Times

Greenko to raise $700 million via rights issue, values company at $7 billion - over 1 year ago
Hyderabad-based Greenko is 52% owned by GIC of Singapore. The founder duo — Anil Chalamalasetti and Mahesh Kolli — together own 12%, Abu Dhabi Investment Authority owns 14% while the rest is owned by Japanese major Orix Corporation.
Economic Times