Use corrections to lap up these 5 smallcap stocks with high ROE & profit margin - over 1 year ago
As a mixed new flow ensures that NIFTY stays in volatile mode, 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

Buffett's firm has now sold 95 million shares of China's BYD - over 1 year ago
Buffett didn't respond to questions Thursday about why he was selling the shares, but he doesn't typically comment on stocks he is buying and selling while he is still making those moves.
Economic Times

Solar firm Nextracker's shares soar in U.S. debut as IPO market 'thaws' - over 1 year ago
Since the start of the year, oilfield services firm Atlas Energy, Chinese sensor maker Hesai Group and restaurant chain Cava are among the companies that have filed for U.S. IPOs.
Economic Times

Paytm stock tumbles over 8% amid block deal - over 1 year ago
The reported operating profit improved by Rs 424 crore from the year-ago period, and the margin improved to 2% of revenue from -27% a year ago, due to sustained improvement in contribution profit and strong operating leverage.
Economic Times

5 midcap banks with ‘strong buy’ and ‘buy’ recos with up to 34% upside potential - over 1 year ago
It is now two quarters in a row that numbers from banks have shown an improvement. Quite a few of the mid-sized bank number’s were better than what the street had estimated. After facing many headwinds, finally PSU banking space is appearing to be at a stage where all their efforts may start yielding sustained results for the bottomline and shareholders. 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

Info Edge on a sideways trip - over 1 year ago
Info Edge (India)’s daily trend is sideways. Based on the options chain analysis, the range is between Rs 3,300 and Rs 4,000. This is a wide range. Let us plan a trade around this.
Economic Times

Hot Stocks: Brokerages on Zomato, Hindalco and Voltas post Q3 results - over 1 year ago
JPMorgan maintained its overweight rating on Hindalco post the Q3 results with a target price of Rs 525. The stock should trade with the LME trend. The global investment bank cuts the FY23 EPS estimates by 22% given the large Q3 miss at HNDL's downstream subsidiary.
Economic Times

Zomato stock plunges over 7% as Q3 loss widens. Should you buy, sell or hold? - over 1 year ago
The company reported a beat on unit economics, but growth slowed down, said the brokerage. GOV growth of 0.7% was led by AOV growth as orders declined QoQ. Unit economics in core business surprised positively, and the management is confident about its break-even target, it said, adding that quick commerce is showing good traction.
Economic Times

Tailenders no more? MFs lap up these 5 new-age tech cos for 3 straight quarters! - over 1 year ago
At a time when foreign portfolio investors or FPIs were trying to mitigate losses by dumping these stocks, domestic mutual funds lapped them up not for one, but three straight quarters.
Economic Times

Adani stocks survive MSCI expulsion but lose up to 5% - over 1 year ago
Four Adani stocks - Adani Transmisson, Adani Total Gas, Adani Power and Adani Green - were locked in their respective 5% lower circuit limits. The conglomerate's flagship entity Adani Enterprises, whose weighting will be reduced by 30 basis points to 0.5% in the MSCI Global Standard Index, was trading 1.5% lower at Rs 1,897.60.
Economic Times

Sensex sheds 100 pts, Nifty near 17,850; Adani Enterprises tanks 10%, Zomato 5% - over 1 year ago
Opening Bell: Sensex sheds 100 pts, Nifty near 17,850; Adani Enterprises tanks 10%, Zomato 5%
Economic Times

Sensex falls over 200 points, Nifty below 17,850 as weak global cues, Adani saga roil sentiments - over 1 year ago
The Nifty 50 index fell 61 points or 0.34% to 17,832, while the S&P BSE Sensex declined 182 points or 0.30% to 60,624, as of 9.22 am.
Economic Times

Rs 45,000 crore-bet! YES Bank among top 9 FII stock picks in Q3. What should investors do? - over 1 year ago
"We believe the outperformance of the value stocks is likely to continue in H1CY23 and would be led by a pickup in the credit growth as well as a recovery in the domestic-cyclical stocks, which would be in line with the pickup in the domestic economy," said Axis analyst Neeraj Chadawar.
Economic Times

PSU bank stock to enter MSCI India Global Standard Index, Biocon out - over 1 year ago
Bank of Baroda shares were up 1.5% in the morning hours on Friday following the announcement. CG Power, on the other hand, could witness an inflow of $89 million as a result of the inclusion. "The stock has gained 27% since November 2022 and 90% in the last 8 months. It made a new 52-week high this week (Rs 319.5) and MSCI addition could further add to the bullish momentum.
Economic Times

Stocks to buy today: 10 short-term trading ideas by experts for 10 February 2023 - over 1 year ago
On the Options front, the weekly maximum Call OI is placed at 18000 and then towards 18200 strikes while the maximum Put OI is placed at 17800 and then towards 17600 strikes.
Economic Times

MSCI to cut weighting of four Adani firms in wake of Hindenburg report - over 1 year ago
MSCI said it had reduced the free floats of Adani Enterprises, Adani Total Gas, Adani Transmission and the Associated Cement Companies, the report said.
Economic Times

Trader’s Guide: These 2 stocks can rise over 4% each. Time to buy? - over 1 year ago
The markets oscillated within a range on the weekly options expiry day, with the Nifty ending the session with a marginal gain. Commodities and metal stocks have come off their highs, after the dollar index rose sharply.
Economic Times

Buy or Sell: Stock ideas by experts for February 10, 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 RIL and L&T, while Kunal Bothra has a buy/sell recommendation on ICICI Bank and IRCTC for today's trading session. Check out the targets and stop loss.
Economic Times

MSCI India index includes BoB, CG Power, cuts select Adani companies' free-float designations - over 1 year ago
Bank of Baroda and CG power are the two inclusions in the index, while it has reduced weightage across multiple Adani group stocks, ET Now's Soumeet Sarkar details
Economic Times

Big Movers on D-St: What should investors do with Cummins India, KPIT Tech and M&M Financial? - over 1 year ago
Stocks that were in focus include names like Cummins India which was up nearly 7%, KPIT Technologies rose nearly 2% to hit a fresh 52-week high, and M&M Financial Services hit a fresh 52-week high on Thursday.
Economic Times

GLOBAL MARKETS-Asia stocks head for second weekly loss as Fed rate worries flare - over 1 year ago
U.S. short-term Treasury yields held near a one-month high, helping the dollar tick up against major peers, after Richmond Fed President Thomas Barkin overnight added to a chorus of hawkish central bank commentary in recent days.
Economic Times

Interest rate on PF deposits may be near 8% for FY23 - over 1 year ago
The central board of trustees of EPFO is expected to meet later this month or in early March to decide on the interest rate that will be recommended by its Finance Investment and Audit committee based on the earnings for 2022-23. The retirement fund body had announced the interest rate of 8.1% for 2021-22, which was the lowest in four decades.
Economic Times

Stocks in focus: Aurobindo Pharma, Voltas, United Breweries, Lupin and more - over 1 year ago
The February futures contract of Nifty 50 traded on the Singapore Exchange indicates a negative start to domestic equities. The contract was trading at 93 points or 0.53% lower around 7
Economic Times

Wall St dips as Treasury yields rise after auction - over 1 year ago
Stocks have enjoyed an upbeat start to the year on hopes that the Fed will abandon its hawkish rhetoric and pilot the economy to a soft landing. Traders are betting that the Fed will raise its benchmark rate to a peak of 5.1% in July, largely in line with the forecasts of Fed officials.
Economic Times

More non-banks, MSMEs likely to tap TReDS platform - over 1 year ago
Trade Receivables and Discounting System (TReDS) is an electronic bill discounting platform regulated by RBI and endorsed by the central government to provide MSME 'suppliers' of corporate 'buyers' instant payments for future receivables to prevent delay in payouts for cash-strapped small businesses.
Economic Times

Brokers cut price targets on Adani Ports, Ambuja and ACC - over 1 year ago
While analysts retained their bullish calls on Adani Ports, they cut price targets after the company reported a 16% year-on-year drop in consolidated net profit for three months ended December 2022.
Economic Times

Stocks in news: Zomato, LIC, M&M, HAL, Adani group companies - over 1 year ago
Food delivery giant Zomato's net loss widened to Rs 347 core compared with a loss of 63 crore a year ago. Consolidated revenue from operations surged 75% on year to Rs 1,948 crore.
Economic Times

SGX Nifty down 95 points; here's what changed for market while you were sleeping - over 1 year ago
US stock indexes ended lower on Thursday, erasing earlier gains as Treasury yields rose after an auction of 30-year bonds went poorly and overshadowed strong earnings from corporate giants like Disney and PepsiCo.
Economic Times

MSCI cuts some Adani group companies' free-float designations - over 1 year ago
MSCI said it had reduced the free floats of Adani Enterprises, Adani Total Gas, Adani Transmission and the Associated Cement Companies, the report said.
Economic Times

Adani stocks slip again as MSCI weighs free-float tag - over 1 year ago
Adani Enterprises slid 11% to close at ₹1,925.70 and Ambuja Cements declined 7% to ₹357.80. Five stocks - Adani Green Energy, Adani Total Gas, Adani Power, Adani Transmission and NDTV - hit a 5% lower circuit barrier. Adani Wilmar gained 5% to close at ₹439.70, while ACC declined 3% to ₹1,916. "This MSCI move may result in likely weight reductions," said Abhilash Pagaria, head, Nuvama Alternative and Quantitative Research.
Economic Times

Stock Radar: 27 months of underperformance now behind; HDFC Bank could hit fresh 52-week highs in 6 months - over 1 year ago
The private banking stock hit a 52-week high of Rs 1,721 on April 4, 2022, but failed to hold on to the momentum. The stock recouped some losses after hitting a low of Rs 1,271 on June 17, 2022
Economic Times

Wall St rises on robust earnings, Disney hits five-month high - over 1 year ago
At 10:11 a.m. ET, the Dow Jones Industrial Average was up 242.31 points, or 0.71%, at 34,191.32, the S&P 500 was up 29.97 points, or 0.73%, at 4,147.83, and the Nasdaq Composite was up 131.96 points, or 1.11%, at 12,042.48.
Economic Times

These 4 large-cap stocks record new 52-week highs; rose up to 14% in a month - over 1 year ago
The benchmark index Sensex closed higher by about 142 points to 60,806 on Thursday. During this rally, 4 stocks from the BSE 200 index managed to touch new 52-week highsThe 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

Sebi clarifies in respect of compliance with rules by first-time issuers of debt securities - over 1 year ago
In view of the difficulties posed to first-time issuers, Sebi has asked stock exchanges to take an undertaking from such issuers that they will ensure that their AoA are amended within a period of six months from the date of the listing of the debt securities.
Economic Times

Stock Radar: Buy HDFC Bank for a target of Rs 1800-2000 in 3-6 months, says Rahul Sharma - over 1 year ago
"We believe the current chart setups bring back the leadership mantle to HDFC Bank after over 2 years. We are bullish on the same for targets of Rs. 1,800/2,000 in the next 6 months and upwards of Rs. 2,200 in the long term (12-18 months)," Rahul Sharma, Director, Head- Technical & Derivative Research, JM Financial Services Ltd, said.
Economic Times

These 4 large-cap stocks record new 52-week highs; rose up to 15% in a month - over 1 year ago
The benchmark index Sensex closed higher by about 142 points to 60,806 on Thursday. During this rally, 4 stocks from the BSE 200 index managed to touch new 52-week highsThe 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

M&M Q3 Preview: EBITDA to grow faster than PAT on favourable mix, realisation - over 1 year ago
The flagship company of Mahindra Group will release its earnings for the third quarter on Friday. Standalone revenue for the December quarter is seen rising 41% on-year to Rs 21,474 crore, according to the average of 8 brokerage estimates
Economic Times

LIC has no plans to reduce exposure on Adani cos as of now: MD - over 1 year ago
LIC had earlier said its total; exposure to Adani Group companies is 0.975% of its total assets under management (AUM) at book value. LIC's total holding in Adani Group of companies under equity and debt is Rs 35,917.31 crore as on December-end
Economic Times

Trading Guide: Wipro among 6 stock recommendations for Friday - over 1 year ago
After declining in the first half, Indian benchmark indices eked gains in the second half and closed higher on Thursday. The S&P BSE Sensex ended 142 points higher at 60,806, while its broader peer Nifty 50 ended just below the 18,900 level"Following a weak start, Nifty recovered smartly by the end of the session. So far, the index has been able to protect 17,800 on a closing basis. On the lower end, support is placed at 17,650. The resistance on the higher end is pegged at 18,000/18,200," said Rupak De, Senior Technical Analyst at LKP SecuritiesHere are 6 stock recommendations for Friday:
Economic Times

Varun Beverages Block Deal: Promoters likely to sell Rs 850-crore worth stake on Friday - over 1 year ago
Promoters, led by Ravikant Jaipuria cumulatively hold 63.90% stake in Varun Beverages, the second largest bottling company for Pepsico’s beverages
Economic Times

US stocks open higher on earnings optimism - over 1 year ago
The Dow Jones Industrial Average rose 156.60 points, or 0.46%, at the open to 34,105.61
Economic Times

FII vs DII on Dalal Street: Desi investor holding touches another all-time high - over 1 year ago
The FII to DII ownership ratio also declined to an all-time low of 1.32 as on December 31, 2022, down marginally from 1.33 as on September 30, 2022. Over a 13-year period (since June 2009), FII share has increased from 16.02 per cent to 20.18 per cent while DII share has increased from 11.38 per cent to 15.32 per cent," PRIME Database said
Economic Times

Nithin Kamath on why Zerodha doesn't have a data team - over 1 year ago
Kamath, who is known to share stock market educational content and learnings on social media platforms, took to Twitter to put out an article titled "Big Data is dead.
Economic Times

CDSL crosses 8-crore active demat accounts’ milestone - over 1 year ago
CDSL is India’s leading and only listed depository. It received its certificate of commencement of business from Sebi in February 1999 and it facilitates holding and transacting in securities in the electronic form and facilitates settlement of trades on stock exchanges
Economic Times

SIP inflows of nearly Rs 14,000 cr in Jan! Will Dalal Street’s new don stay strong footed? - over 1 year ago
This was despite the sharp correction in equities last month, when benchmark Nifty50 shed over 2%. The 2.5% fall in India’s heartbeat index in January follows an over 3% correction seen in December.Equity mutual funds saw total inflows of Rs 12,546.5 crore in January, way higher than Rs 7,303.4 crore in December, data released by the Association of Mutual Funds in India (AMFI) showed
Economic Times

Acquisitions, margin focus put RHI Magnesita India in sweet spot - over 1 year ago
These developments are positive for the company’s India listed stock, which has gained nearly 30% in the past three months. However, it trades at a significant discount to other multi-national companies of similar size such as ESAB India, Grindwell Norton and Linde India which cater to the manufacturing sector.
Economic Times

Tech View: Nifty charts hint at confusion in battleground. What traders should do on Friday - over 1 year ago
The daily momentum indicator has a positive crossover which is a buy signal. Thus, both price and momentum indicators are suggesting further upside in the index
Economic Times

Vijay Kedia's auto stock jumps over 12%, hits 52-week high - over 1 year ago
For the quarter ended December 2022, the company posted a net profit of Rs 3.85 crore against a net loss of Rs 8.81 crore for the same period in FY22. Its total income for Q3FY23 stood at Rs 133.11 crore compared to Rs 102.84 crore during the period ended December 31, 2022
Economic Times

Credit Suisse posts biggest loss since 2008 financial crisis - over 1 year ago
Citing the impact from restructuring charges and its exit from non-core businesses, Credit Suisse said in a statement that it .would also expect the group to report a substantial loss before taxes in 2023
Economic Times

Sensex rises for 2nd session, ends 142 pts higher; Nifty around 17,900 - over 1 year ago
From the Sensex pack, Bajaj Finserv, Asian Paints, IndusInd Bank, Infosys, and Bajaj Finance rose 1.5-2.5% each. L&T, TCS, Tech Mahindra, Wipro, and Power Grid also closed in the green.
Economic Times