These 8 commodity stocks slip into a new 52-week low; look weak on SWOT analysis too - over 1 year ago
On Friday, Sensex continued its downward trend for the sixth straight session, closing 142 points lower at 59,464 on Friday. This downward movement dragged 8 stocks from the BSE commodities index to their lowest levels in the past 52 weeks. This technical indicator of a stock's lowest price over a year is frequently used by traders and investors to evaluate the stock's current worth and forecast its future price trajectory.All the stocks have more weaknesses than strengths. Take a look at the key weak points of the stocks according to Trendlyne.com SWOT analysis
Economic Times

SAT reduces Sebi's penalty on Jindal Cotex to Rs 25 lakh in GDR issuance case - over 1 year ago
"The company is a running concern. Penalising the firm with such a heavy penalty is in fact penalising the shareholders, which is not justifiable especially for a running company," the appellate tribunal said in its order dated February 23.
Economic Times

Nations with negative real interest rates will likely see more hikes. Nikhil Kamath explains why - over 1 year ago
Taking to Twitter, Kamath said only 8 of the select developed or developing 30 countries have interest rates higher than inflation.
Economic Times

PolicyBazaar stock jumps over 12%, hits over 5-month high - over 1 year ago
The consensus recommendation from 12 analysts for the stock is a ‘buy’. Of the 12 analysts covering the stock, 10 have strong ‘buy’ and ‘buy’ ratings, while two have hold ratings
Economic Times

Goldman sees Corporate India's 2023 profit growth below consensus - over 1 year ago
Goldman noted that roughly half of the 113 companies that are part of the MSCI India index missed consensus expectations in the October to December quarter, with a majority of those comprising consumer discretionary companies
Economic Times

Tech View: Nifty forms a long bear candle. What traders should do next week - over 1 year ago
He said Nifty is now placed near the crucial support of 17,450-17,500 levels and that there is no sign of any reversal pattern unfolding at the lows. A new swing low has been formed at 17,421 levels
Economic Times

Sensex extends losses to 6th session; investors lose Rs 6.8 lakh crore this week - over 1 year ago
Meanwhile, the market capitalisation of all listed companies on the BSE declined by Rs 6.8 lakh crore to Rs 260.07 lakh crore this week.
Economic Times

Sensex extends losses to 6th session; investors lose more than Rs 6 lakh crore this week - over 1 year ago
Meanwhile, the market capitalisation of all listed companies on the BSE declined by Rs 74,830 crore to Rs 260.07 lakh crore.
Economic Times

Top Pick! Varun Beverages can rally up to 16%, says Axis Securities - over 1 year ago
The brokerage observed that VBL is well placed under the current market situation as the early onset of the summer season is expected to drive overall beverage sales across regions. Further, the initial report on possible El-Nino could delay the rural recovery, which would have led the entire FMCG pack (ex-ITC) under the wait-and-watch mode, it said
Economic Times

SpiceJet shares skyrocket over 15% after Q3 net profit more than doubles - over 1 year ago
The company's cargo arm SpiceXpress reported a net profit of Rs 12 crore in the December quarter, while revenues stood at Rs 120 crore in the same period. SpiceXpress transported about 17,333 tonnes of cargo in the reporting period
Economic Times

Realty players put up a strong Q3 show in residential space. Here’s a list of attractive stocks - over 1 year ago
In the third quarter, the booking value of a sample of 13 listed companies grew 7% year-on-year to Rs 17,100 crore, mainly driven by launches and sustenance sales across regions. For the nine-month period, the same rose 43% year-on-year to Rs 48,300 crore
Economic Times

ECB could still need big rate hike beyond March, Nagel says - over 1 year ago
A neutral rate, which neither stimulates nor slows growth, can only be estimated and while most policymakers in the past put it at between 1% and 2%, many are now saying that the economy's behaviour suggests it is actually higher.
Economic Times

Sensex extends losses to 6th session, declines 142 pts; Nifty below 17,500 - over 1 year ago
From the Sensex pack, M&M, Tata Steel, Tata Motors, Maruti and L&T were the top laggards, falling about 1-2.5%.
Economic Times

NTPC pays Rs 4,121.08 crore as interim dividend for FY23 - over 1 year ago
"NTPC Ltd has paid an interim dividend of Rs 4,121.08 crore today for the financial year 2022-23. This is the 30th consecutive year that NTPC Ltd has paid a dividend," it said.
Economic Times

Sensex extends losses to 6th session, ends 142 pts lower; Nifty below 17,500; SpiceJet soars 12%, Hindalco plunges 5% - over 1 year ago
Closing Bell: Sensex extends losses to 6th session, ends 142 pts lower; Nifty below 17,500; SpiceJet soars 12%, Hindalco plunges 5%
Economic Times

Accumulate IT stocks as long-term structural growth story intact: Emkay Wealth - over 1 year ago
The brokerage was of the view that the decline in the Nasdaq index will continue as companies on the tech platform may face some challenges due to the evolving business models, competition, and the gap between delivery and customer expectations.
Economic Times

Adani-Hindenburg Saga: What changed in 1 month? - over 1 year ago
Ever since the release of the Hindenburg report, the combined market capitalisation of all 10 Adani stocks has so far lost over 11.6 lakh crore and currently stands at just over Rs 7.5 lakh crores. So what exactly happened? Let's take a look
Economic Times

Zee Entertainment shares rise 3% after NCLAT stays insolvency proceedings - over 1 year ago
The matter pertains to a default of Rs 83 crore by Siti Networks, a sister company owned by Essel Group. IndusInd Bank invoked the guarantee when Siti defaulted on the payment.
Economic Times

F&O rollovers indicate bear party on D-Street to continue as cloud of uncertainties linger - over 1 year ago
Meanwhile, the net long positions of retail investors in stock futures has decreased by 55,000 contracts. Their net long position stood at 11,76,000 compared to 12,30,000 contracts in the last expiry.
Economic Times

Multibagger auto stock zooms 15%. What's the good news? - over 1 year ago
Olectra Greentech (OGL), a subsidiary of Megha Engineering and Infrastructures (MEIL), is set to offer the next-generation transport system to the Indian market, a statement stated
Economic Times

This PSU multibagger defence stock gets an upgrade from ICICI Securities - over 1 year ago
During an investor call with the brokerage, the management said it sees benefits from the ongoing fleet expansion drive in defence and that EBITDA margin during the quarter was lower due to all the recent orders coming via competitive bidding
Economic Times

6 stocks from capital good and engineering sector; with upside potential of up to 49 % - over 1 year ago
Capital good companies had faced tough times for many years. This statement would be more applicable to companies which were making turbines for the power sector. But for a company which was into supplying plants and machinery for speciality chemical companies, the last couple of years have been good. As more industries start to show first signs of building fresh capacity, more capital good companies may see a healthy order book.
Economic Times

Zee Entertainment shares continue to decline; fall over 5 pc in morning trade - over 1 year ago
Zee Enterprises' managing director and chief executive Puneet Goenka on Thursday moved appellate tribunal NCLAT challenging the order of the National Company Law Tribunal which admitted an IndusInd Bank plea for insolvency proceedings against the firm.
Economic Times

Stocks to buy or sell today: 10 short-term trading ideas by experts for 24 February 2023 - over 1 year ago
Sectorally, buying was seen in banks, financials, auto, pharma, IT, and FMCG stocks while some selling was visible in metal and media stocks.
Economic Times

Bearish markets are an opportunity; only for few; 6 smallcap stocks with high ROE & profit margin - over 1 year ago
As NIFTY stays in volatile mode with a bearish bias, the fear that small caps may also come under sharp selling pressure is also increasing. The market breadth and volumes in the small caps segment is clearly indicating that fear. However, small cap companies which operate in niche products and services or have brands with strong market share tend to get the attention of the market even when overall small cap is under pressure. 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

Bloodbath in Adani stocks: Hindenburg bombshell leaves Rs 12 lakh crore crack in 1 month - over 1 year ago
When the report was released on January 25, the 60-year-old self-made tycoon from Ahmedabad was the third richest billionaire in the world and is now down to the 29th spot as a result of the rout in stocks of Adani Group companies.
Economic Times

Hot Stocks: Brokerages on Cipla, Axis Bank and NMDC - over 1 year ago
Global investment bank Citi maintained a buy rating on Cipla and Morgan Stanley maintained an overweight rating on Axis Bank. Motilal Oswal, meanwhile, maintained a buy rating on NMDC.
Economic Times

Chart Check: 18% returns in a month! This household appliance maker gave a breakout above falling trendline - over 1 year ago
The stock price of Voltas, which makes household appliances, has rallied from Rs 776 recorded on January 23 to Rs 914 as on 22 February 2023 which translates into an upside of about 18%.
Economic Times

IRB Infra bags Rs 2,132 crore BOT project in Gujarat - over 1 year ago
IRB Infra bags Rs 2,132-cr BOT project in Gujarat. Will the company see the pace of order inflows ramp-up? And, what's the current order book looking like? Director, Anil Yadav joins in with the details.
Economic Times

Take a long positional trade in this Tata company and bearish option on IT giant - over 1 year ago
Its price has formed a strong bottom in the Rs 365-Rs 380 range, which it has tested on multiple occasions. Recently, the price testing the above range has been forming a higher high-higher low structure. The recent higher low happens to be a piercing pattern candlestick, which is a bullish reversal pattern suggesting that the price can rise from here.
Economic Times

Fundamental Radar: Tata Consumer growth story intact; buy for a target of Rs 900, says Sneha Poddar - over 1 year ago
“Tata Consumer is focused on becoming a multi-category FMCG player. All these new product categories - Soulfull/ NourishCo/ Sampann are witnessing volume growth in double to triple digits,” Sneha Poddar, Associate Vice President at Motilal Oswal Financial Services Limited, said.
Economic Times

Rs 38,000 crore-play! FIIs bet big in 6 sectors in last 6 months; will the trend continue? - over 1 year ago
Despite earnings taking a severe hit in the last two quarters due to higher costs and muted demand, the metals and mining sector received third highest inflows from foreign investors.
Economic Times

PineBridge looks past Adani saga to load up on stocks in India - over 1 year ago
While short-seller Hindenburg Research’s Jan. 24 report about the business empire of tycoon Gautam Adani has been one reason why investors have pulled billions of dollars out of Indian markets, Michael Kelly, who oversees Pinebridge’s $17.8 billion global multi-asset portfolios, is among those going the other way.
Economic Times

RIL-backed co, new-age techies among 41 firms to post losses for 4 straight quarters - over 1 year ago
RIL-promoted Alok Industries, Bombay Dyeing and Manufacturing Co, Wockhardt, Suven Life Sciences, Spencer’s Retail, Inox Wind, Sagar Cements, Restaurant Brands, Religare Enterprises, and Orissa Mineral Development Co, among others also remained in the red for 4 straight quarters.
Economic Times

Sensex gains 200 points, Nifty above 17,500; Adani Ent rises 2% - over 1 year ago
Sensex jumps 200 pts, Nifty above 17,500; Adani Ent rises 2%, ZEEL falls 3%; Vodafone Idea, Yes Bank, Adani power, Rail Vikas Nigam are some of the top movers in morning trade.
Economic Times

Sensex jumps 200 pts tracking postive global cues, Nifty above 17,500 - over 1 year ago
The Nifty 50 index surged 57 points or 0.33% to 17,568, while the S&P BSE Sensex rose 208 points or 0.35% to 59,813, as of 9.17 am. From the Sensex pack, Bharti Airtel, Bajaj Finserv, SBI, Infosys and Tata Motors were the top gainers, rising about 0.5-1%. UltraTech Cement, Asian Paints, IndusInd Bank and Tech Mahindra also opened with gains.
Economic Times

Adani Group to hold Asia fixed-income roadshow next week - over 1 year ago
Adani bonds were mixed Friday, with eight of 15 trading lower, though the moves were small by recent standards, according to data compiled by Bloomberg. The biggest decliner was an Adani Ports & Special Economic Zone Ltd. note, which fell 0.3 cents to 65.3 cents on the dollar as of 10:43 a.m. in Hong Kong.
Economic Times

ICICI Bank, Infosys among 8 stocks with more than 35 buy calls - over 1 year ago
At a time when the Indian equity market is seeing a bearish trend and Nifty declined over 3% year-to-date, at least 35 or more analysts are bullish on a number of counters. These stocks belong to various sectors such as banking, auto, IT and more. Here's a list of 8 stocks with more than 35 strong buy and buy calls, according to Trendlyne data:
Economic Times

Stocks in focus: Zee Ent, Axis Bank and more - over 1 year ago
Nifty futures on the Singapore Exchange traded 50 points, or 0.28 per cent, higher at 17,641, 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 February 24, 2023 - over 1 year ago
ET Now spoke to various experts and here's what they have to recommend for today's trading session. Nooresh Merani has a buy/sell recommendation on HDFC Bank and SBI while Kunal Bothra has a buy/sell recommendation on Indian Hotels and Bajaj Finance for today's trading session. Check out the targets and stoploss.
Economic Times

Trader's Guide: 2 stocks with up to 6% potential upside - over 1 year ago
It was another listless time for the markets on Thursday, the monthly derivatives expiry day. The Nifty remained mostly in the negative zone, ending the day with some small loss. Some possibilities are emerging of a technical rebound in the markets
Economic Times

Take a long positional trade in this tata company and bearish option on IT giant - over 1 year ago
Its price has formed a strong bottom in the Rs 365-Rs 380 range, which it has tested on multiple occasions. Recently, the price testing the above range has been forming a higher high-higher low structure. The recent higher low happens to be a piercing pattern candlestick, which is a bullish reversal pattern suggesting that the price can rise from here.
Economic Times

Asian markets breath sigh of relief amid Ueda hearing - over 1 year ago
Japan's five-year government bond yield fell a little to 0.235%, from the previous close of 0.240%. Ten-year bonds did not trade early on Friday, due to thin liquidly, but bond futures extended gains.
Economic Times

Big Movers on D-St: What should investors do with Finolex Cables, ITC and Equitas Small Finance Bank? - over 1 year ago
Stocks that were in focus include names like Finolex Cables that were up nearly 8%, ITC gained nearly 1% to hit a fresh 52-week high, and Equitas Small Finance Bank rose nearly 9%.
Economic Times

US stock market: Wall Street finishes topsy-turvy day higher, S&P snaps losing run - over 1 year ago
Helping provide confidence to buyers, Nvidia Corp posted positive earnings and surged 14% after forecasting quarterly sales above estimates and reporting a surge in the use of its chips to power artificial intelligence services.
Economic Times

US nominates Ajay Banga for World Bank President - over 1 year ago
​​Banga has "critical experience mobilizing public-private resources to tackle the most urgent challenges of our time, including climate change," said Biden in a statement, amid a push for lenders to revamp and address global problems more effectively.
Economic Times

Stocks in news: ZEE Entertainment, Bharat Forge, Olectra, Infosys, ONGC - over 1 year ago
Bharat Forge said in order to house all defense related investments of the company under one entity, the ‘investment committee – defence business’ has approved the transfer of the company’s stake in Aeron Systems to Kalyani Strategic Systems, a wholly-owned subsidiary of the company.
Economic Times

Zee Entertainment shares recover after sell-off - over 1 year ago
​​Prabhudas Lilladher retained its 'buy' rating but said the stock will witness selling pressure in the near term owing to concerns over delay in merger time-line.
Economic Times

PSU banks now offer inflation-beating FD rates - over 1 year ago
PSU banks have taken the lead in raising deposit rates, offering as high as 8.5% to senior citizens for specific tenures. State Bank of India now offers 7.1% for a 400-day deposit, with senior citizens earning 7.6%. Among other nationalised banks offering attractive rates are Union Bank of India -7.3% for an 800-day deposit, and Central Bank 7.25% - for a 444-day deposit. Punjab and Sind Bank offers 8% for a 221-day deposit if done online, with senior citizens earning 8.5%.
Economic Times

Traders wary, roll over fewer bets; indices fall - over 1 year ago
About 73% of Nifty futures contracts were rolled over to March on Thursday, according to final data. This is lower than 79% in the previous series and the three-month average of 76%.
Economic Times