9 smallcap stocks rallied up to 39% to hit fresh 52-week highs last week. Do you own any? - over 1 year ago
The nine stocks are Nuclear Software Exports, Finolex Cables, Waaree Renewable Technologies, Chaman Lal Setia Exports, PG Electroplast, Ganesh Benzoplast, WPIL, Zen Technologies, and Apar Industries. Nuclear Software Exports hit its 52-week high on February 16. The stock has rallied 39% in the past week. So far this year, the shares have surged 42% on a year-to-date basis.
Economic Times

Dalal Street Week Ahead: 18,100 key for Nifty's upmove; stick to low-beta stocks - over 1 year ago
On the daily chart, Nifty has closed just a notch below the crucial 100-DMA which is placed at 17,967. With 50-DMA placed at 18,033, Nifty has multiple resistances to navigate between 17,950-18,050 levels on both daily and weekly charts. In other words, some meaningful up move shall happen only after Nifty moves past 18,000–18,100 levels convincingly.
Economic Times

The underperformance of India in 2023… not a surprise - over 1 year ago
Today, India’s key challenges are selling from FIIs, a high-interest rate, elevated inflation, and slowing earnings growth. We feel that most of the issues are getting factored into the prices. If the cautiousness continues in the short-term, we can presume that the worst is over, limiting further price corrections though valuation moderate.
Economic Times

Reversion to mean: A powerful concept for ordinary investors - over 1 year ago
Take the above concept to understand some investor’s bias, when a stock gets included in popular indices like Nifty50, based on past performance. The above average performance may not sustain after the inclusion, as it is just reverting to its long-term mean.
Economic Times

High ROE: 5 stocks to bet on for long-term wealth creation - over 1 year ago
Every business has its own operating matrix. Some require a high dose of capital at one point of time, others require a constant dose of capital. Let's take the case of banks, in order to grow and also what the regulatory conditions require, banks need to raise capital much more regularly as compared to any other industry. One if you look at the capital raised during the covid period, it was banks which were on top of the list, both private and public sector banks. However in the case of manufacturing, there is a requirement of large capital at one point of time. But in both cases, what is more important is how efficiently the management uses capital so that shareholder returns are maximized. 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

Weekly Top Picks: 5 stocks with consistent score improvement and upside potential of up to 40% - over 1 year ago
Even as NIFTY continues to witness volatile moves, bias of the underlying volatility is changing from extremely bearish to neutral. However, even during this period, there are still some pockets where stocks have seen an improvement in their analyst scores. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. 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

Planning to invest in mutual funds? 5 risks you need to be aware of - over 1 year ago
While these numbers should not put you off investing in mutual funds, it is better to understand the underlying risks of investing in mutual funds to formulate a strategy and earn decent returns.
Economic Times

27 smallcap stocks see double-digit slide in an upbeat week for market - over 1 year ago
Benchmark indices Sensex and Nifty rose 0.99% and 0.62% for the week, respectively. Meanwhile, the BSE Smallcap index lost about 0.33% in the past five days.
Economic Times

Wall Street drops as investors fret about interest rates - over 1 year ago
The main indexes were on track to lose ground for the week as economic data pointed to elevated inflation, a tight job market and resilience in consumer spending, giving the Fed more room for to raise borrowing costs.
Economic Times

Nestle slips 4% on muted Q4 volume growth - over 1 year ago
Jefferies was among the five brokerages that cut the Nestle India stock’s price target after spotting a near-term trend reversal at the FMCG major after industry-leading growth for several quarters.
Economic Times

Big money: Highest-paid CEOs in the IT industry - over 1 year ago
The salaries and compensation of chief executives in the IT industry are one of the most hotly discussed topics in India with frequent parallels drawn with entry-level employees. Here's a list of the highest-paid executives in the sector who take home jaw-dropping amounts. (Source: Trendlyne)
Economic Times

RBI unveils draft norms for capital requirements - over 1 year ago
According to the Bank of international settlements, many banks have portfolios of traded instruments for short-term profits. These portfolios referred to as trading books are exposed to market risk, or the risk of losses resulting from changes in the prices of instruments such as bonds, shares and currencies. Banks are required to maintain a minimum amount of capital to account for this risk.
Economic Times

Supreme Court to set up panel on investor protection regime on its own - over 1 year ago
The court will select the committee's members on its own, said a bench headed by Chief Justice DY Chandrachud. The apex court is hearing public interest litigation (PIL) on the Hindenburg Research report into the Adani Group and the impact it has had on investors.
Economic Times

Adani shock for $3.1 trillion Indian stock market is ebbing fast - over 1 year ago
Overseas investors too seem less concerned than in the initial days of the Adani rout. Foreign funds boosted holdings of Indian stocks for six straight sessions through Thursday, the longest streak since November, according to the latest exchange data compiled by Bloomberg.
Economic Times

NSE makes no changes to Nifty 50; adds Adani Wilmar, Power to few indices - over 1 year ago
Adani Wilmar has been included in Nifty Next 50 and Nifty 100 indices, whereas Adani Power will now be part of Nifty 500, Nifty 200, Nifty Midcap 100, Nifty Midcap 150, Nifty LargeMidcap 250, and Nifty Midsmallcap 400 indices
Economic Times

Traders demand higher yields on 10-yr bond, RBI reject bids - over 1 year ago
​Primary dealers were forced to take Rs 8,254 crore out of the Rs 12,000 crore bonds auctioned at 7.34% yield after the RBI rejected bids for that amount
Economic Times

Wall St edges lower as fears of Fed staying hawkish grow - over 1 year ago
Goldman Sachs and Bank of America forecast three more times rate hikes this year and by a quarter of a percentage point each, up from their previous estimate of two rate rises
Economic Times

HUL’s sale of 2-decade old brands unlikely to turn D-Street bitter - over 1 year ago
The FMCG on Friday signed a deal with Singapore-based Reactivate Brands International to divest the two brands in the “atta and salt” categories of the foods business for Rs 60.4 crore
Economic Times

Hard landing to hit stocks in second half, says BofA - over 1 year ago
Recent economic indicators show that the Fed’s mission to bring down inflation is “very much unaccomplished,” Hartnett wrote
Economic Times

Increase in trade volume 'purely market driven': Adani Transmission - over 1 year ago
The company made the remarks in response to a BSE query seeking clarification with reference to movement in volume of its shares
Economic Times

Voda Idea: Nomura says uncertainty prevails over value creation, cuts target price - over 1 year ago
Large dilution is expected from equity conversion on the deferment of adjusted gross revenue (AGR) and spectrum liabilities, which adds to the woes
Economic Times

India's forex reserves drop $ 8.32 billion to $566.95 billion - over 1 year ago
This is the second consecutive week of drop in the reserves after the $1.49-billion decrease in the previous reporting week
Economic Times

US stocks open lower as fears of hawkish Fed grow - over 1 year ago
The Dow Jones Industrial Average fell 19.84 points, or 0.06%, at the open to 33,677.01
Economic Times

India setting up $4 billion fund to backstop corporate debt market - over 1 year ago
According to a regulatory official, the government will provide a credit line to ensure funds have liquidity equivalent to Rs 30,000 crore
Economic Times

​These 8 stocks scale a new 52-week high; rose up to 23% in a month​ - over 1 year ago
The benchmark index Sensex closed lower by about 317 points to 61,002 on Friday. Despite a weak market, 8 stocks from the BSE 500 index managed to touch new 52-week highs.The 52-week high is the highest price at which a stock has traded during the last year. Some traders and investors use this technical indicator as an important factor for analysing a stock's current value and for predicting its future price movement.
Economic Times

ECB's Villeroy sees summer rate peak, no cut this year - over 1 year ago
In a speech to financial analysts, Villeroy, who is also governor of the French central bank, said that rates would then "probably" reach their peak in the summer, at the latest by September
Economic Times

RBI issues draft norms for lending and borrowing of G-secs - over 1 year ago
The draft said government securities issued by the central government excluding Treasury Bills would be eligible for lending/borrowing under a GSL transaction
Economic Times

Minda Corp acquires 15.7% stake in Pricol from the open market - over 1 year ago
Pricol says no intent of stake sale or raising equity
Economic Times

Tech View: Charts hint tug-of-war between bulls & bears. How’s the trade setup for next week? - over 1 year ago
However, it has formed a small-bodied bullish candle on the weekly frame with bigger shadows on either side, which indicates a tug-of-war between bulls and bears near the 18000-mark, said Chandan Taparia, vice president - derivatives, Motilal Oswal Financial Services
Economic Times

FTSE Index Rejig: ACC, Kotak Bank and 9 other stocks added to largecap index - over 1 year ago
These include ACC, Kotak Mahindra Bank, Canara Bank, IDBI Bank, YES Bank, Union Bank of India, Indian Hotels, Jindal Steel & Power, Shriram Finance, Trent, and Tube Investments.
Economic Times

Saudi wealth fund becomes biggest outside Nintendo investor - over 1 year ago
The investment comes as part of efforts by the kingdom's Public Investment Fund to diversify Saudi Arabia's economy away from oil, including billions already spent on video game firms. The fund has been a major component in the plans of Saudi Crown Prince Mohammed bin Salman, himself said to be an avid gamer
Economic Times

ECB's Schnabel says markets may be underestimating inflation: Bloomberg - over 1 year ago
Financial investors may be underestimating the persistence of inflation in the euro zone, European Central Bank board member Isabel Schnabel said in an interview published on Friday
Economic Times

Sensex at 71,600 in 2023! ICICI Direct bullish on auto, BFSI and IT stocks - over 1 year ago
Incorporating Q3FY23 results, the brokerage is bullish on sectors like BFSI, auto, and IT. While the metals, telecom & pharma space witnessed a downgrade with aggregate Nifty earnings remaining broadly unchanged
Economic Times

Nearly half of Nifty stocks yet to recoup Budget day highs - over 1 year ago
Despite more than half of Nifty stocks trading below the wall of worry posed by the 50 DMA (daily moving averages), the index closing above this moving average indicates a positive bias, said Anand James, Chief Market Strategist at Geojit Financial Services
Economic Times

Sensex sheds 317 pts dragged down by IT, bank stocks; Nifty below 18,000 - over 1 year ago
The market capitalisation of all listed companies on BSE declined by Rs 1.4 lakh crore to Rs 266.9 lakh crore
Economic Times

Sensex sheds 317 pts on weak global cues; Nifty below 17,950; IT, banking stocks drag - over 1 year ago
Closing Bell: IT, bank stocks drag Sensex 317 pts lower; Nifty below 17,950; Minda Corp drops 5%, TCNS Clothing zooms 12%.
Economic Times

Attractive valuations! Tech Mahindra can rally of 10%: Kotak Equities - over 1 year ago
Nonetheless, the commentary of little tolerance for underperformance has enthused investors, expecting an improvement in the company’s fortunes, it added
Economic Times

Order wins by infra, manufacturing cos in Apr-Dec signal ‘Make in India’ in play. Which stocks to buy? - over 1 year ago
Fresh projects announced in the April-December period grew by a sharp 53% YoY, led by manufacturing, electricity, and infrastructure, Emkay Global Financial Services said in its report. These segments saw growth of 51-64% YoY growth in order wins
Economic Times

Fasten seatbelts! Uday Kotak expects central banks to go for more hikes - over 1 year ago
Kotak's comments came in the wake of several Fed policymakers this week signalling more rate increases to bring inflation down to the central bank's 2% target
Economic Times

European shares open lower as rate-hike worries resurface - over 1 year ago
U.S. data on Thursday showed the highest rise in producer prices in seven months in January, while another report showed the number of Americans filing new claims for unemployment benefits unexpectedly fell last week, fuelling the prospects of the Fed raising rates for longer
Economic Times

Minda Corp acquires 15.7% stake in Pricol for Rs 400 crore - over 1 year ago
"The promoters have absolutely no intention of undertaking any secondary sale of promoter stake nor does the company have any intent to raising equity capital of any form as the company has strong financial fundamentals and healthy cash profits that will meet the needs of capital for its future growth," Pricol said in a filing.
Economic Times

Nestle shares fall 4% on Q4 results. Should you buy, sell or hold? - over 1 year ago
FMCG major Nestle India on Thursday posted a 66% year-on-year (YoY) rise in net profit at Rs 628 crore for the fourth quarter ended December 2022. The profit stood at Rs 379 crore in the corresponding quarter last year.
Economic Times

Adani Green Energy shares rally up to 4% to break 12-day red spell. Here's why - over 1 year ago
Barring Adani Total Gas, Adani Transmission, and Adani Enterprises, all other 7 stocks from Gautam Adani's empire were trading in the green zone
Economic Times

Most Adani stocks rise in early trade after attempt to assuage investors - over 1 year ago
Adani Green shares were up 3% on Friday, after losing nearly 70% since a Jan. 24 report by U.S. short seller Hindenburg Research. Adani Power climbed 5%, while Adani Ports and Special Economic Zone was marginally higher
Economic Times

Volatility provides buying opportunities in fundamentally strong smallcaps; 5 stocks with high ROE - over 1 year ago
Even in volatile phases of markets, there are stocks which attract the attention of markets. The reason, volatility which is caused more due to news flow around a sector or group tends to be short lived and many institutional investors tend to use this as a buying opportunity. 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

Ipca Labs shares drop over 5% on weak Q3 results. What should investors do? - over 1 year ago
EBITDA before forex declined 15% to Rs 262.82 crore in the third quarter of 2022 from Rs 310.83 crore posted in the same quarter of FY22. EBITDA margin reduced to 16.67% in Q3 FY23 as compared with 21.53% reported in the same period last year
Economic Times

HDFC raises Rs 25,000 cr via local bond issue; here's what Keki Mistry had to say - over 1 year ago
HDFC raises the largest-ever Rs 25,000 cr via a local bond issue. Keki Mistry of HDFC speaks to ET NOW on demand trends for their bonds. Here's what he had to say.
Economic Times

Pricol slips into red after hitting 52-week high; here's why - over 1 year ago
As Managing Director and representative of the Promoter Group of Pricol Limited, I would like to reiterate that the Promoter group stands absolutely committed to the company and its future prospects,” Vikram Mohan, Managing Director of Pricol said.
Economic Times

Two stocks, that have doubled investors' wealth in 1 year, to trade ex-dividend today - over 1 year ago
When a company goes ex-dividend on a particular date, its stock does not carry the value of the next dividend payment. Usually, an ex-dividend date is set one or two days before the record date. An ex-dividend date also dictates which shareholders are eligible to receive the dividend payment
Economic Times

Gladiator stock: Infosys can rally up to 9% from current levels - over 1 year ago
ICICI Direct, in a report said, the IT index is currently on the cusp of breaking above last nine month’s range (31470-26190) signalling extension of the up move.
Economic Times