Infosys ADRs slump nearly 9% on weak Q4 numbers, subpar guidance - over 1 year ago
ADRs of Infosys are currently trading 8.51% lower at $15.62. A poll by ET Now had expected Infosys to clock a profit of Rs 6,550 crore and revenue at Rs 38,850 crore
Economic Times

Booster shot! Women investor base in mutual funds jumps 50% in last three years - over 1 year ago
Women investors under the age group of 18-24 years have seen consistent rise from 66,417 in Dec 2019 to 2.81 lakh in December 2022, while for the age group between 25 & 35 years, women investors base rose from 8.59 lakh in 2019 to nearly 20 lakh in December 2022.
Economic Times

Zee Ent’s Punit Goenka pays Rs 50 lakh to settle insider trading case with SEBI - over 1 year ago
IndusInd Bank in its plea claimed a default of Rs 83.08 crore against the media and entertainment firm promoted by Subhash Chandra.
Economic Times

US stocks open higher as economic data ease rate jitters - over 1 year ago
A jump in weekly jobless claims brings relief to investors
Economic Times

Is the stock market closed for Amedkar Jayanti on Friday? - over 1 year ago
After a winning run for eight straight days, equity markets ended flat on Thursday as investors stayed cautious ahead of a three-day holiday. The sentiment was negative on IT stocks after TCS Q4 numbers disappointed the Street and so was Infosys.
Economic Times

Bata, Zomato & more: 5 zero-debt companies in the retail sector - over 1 year ago
Zero-debt companies are every investor's first choice. And why not? After all, it is a lucrative investment option. Moreover, no debt means consistent growth, which shows how persistent a company's performance is over the years. This video focuses on some brands that are zero debt from the Indian retail sector.With data inputs from Ritesh Presswala - Ace Equity
Economic Times

Is the market closed for Amedkar Jayanti on Friday? - over 1 year ago
After a winning run for eight straight days, equity markets ended flat on Thursday as investors stayed cautious ahead of a three-day holiday. The sentiment was negative on IT stocks after TCS Q4 numbers disappointed the Street and so was Infosys.
Economic Times

​These 5 stocks were added by over 20 MF schemes in March - over 1 year ago
n March, Mutual Funds demonstrated a bullish attitude towards Indian equity by remaining a net buyer of approximately Rs 20,800 crore. Today's MF Analysis by ETMarket reveals that over 20 more MF schemes added 5 specific stocks in the month compared to February. It is worth noting that these stocks have not experienced significant movement in either direction in CY23 so far. Therefore, investors who believe that an increase in MF exposure in a particular stock can be a positive indicator may find it worthwhile to keep an eye on these 5 stocks. The data source for this information is ACE Equity.
Economic Times

Major setback! SEBI issues showcause notice to Brightcom Group on alleged fraud - over 1 year ago
The four individuals have been barred from selling, disposing off or diluting their shareholding in the company, directly or indirectly, until further orders
Economic Times

Tech View: Nifty charts hint at upside potential towards 18K. What should traders do next week - over 1 year ago
Nifty is now trading above its 50 and 200-day SMA (Simple Moving Average) and on intraday charts it is holding a higher bottom formation, largely positive.However, chartists point out that momentum indicators are hinting at temporary overbought conditions and due to this we could see range bound activity in the near future.
Economic Times

Time to become bullish on equities; top investment themes, allocation break-up to consider - over 1 year ago
Foreign institutional investors' consistent buying over the last eight trading sessions has made Indian equities more attractive, supported by improved valuations and a favourable risk-reward balance, says Sonam Srivastava, founder and CEO of Wright Research. She recommended investors exercise patience and caution against potential volatility arising from factors like inflation, banking crises and geopolitical tensions, while Deepak Jasani, head of retail research at HDFC Securities, recommended a "buying the dip" strategy. Both agreed on the appeal of sectors such as power, capital goods, pharma, BFSI and auto.
Economic Times

Sensex wipes off 350-point loss to end flat; Nifty above 17,800 - over 1 year ago
From the Sensex pack, IndusInd Bank, Power Grid Corp, Axis Bank, Kotak Bank and Bajaj Finserv were the top gainers, rising 1-3% each. SBI, Asian Paints, ICICI Bank and Bajaj Finance also closed with gains. However, Infosys, Tech Mahindra, HCL Tech, TCS and NTPC ended the session with cuts.
Economic Times

Zero-broking platform Finvasia hit by tech glitch, traders suffer losses - over 1 year ago
Scores of traders complained of losses as they were unable to square off positions.
Economic Times

SIP inflows hit all-time high in March, cross Rs 14,000 crore mark for first time - over 1 year ago
Almost all the categories in the equity segment witnessed positive inflows. Largecap schemes, which have struggled to generate alpha and beat the benchmark in the past year, saw muted inflows worth Rs 911 crore. According to a report by S&P Dow Jones Indices, in the year 2022, over 88% of Indian equity largecap equity mutual funds have underperformed the benchmarks.
Economic Times

Sensex ekes out 38-point gain, Nifty above 17,800; AU SFB surges 17% - over 1 year ago
Closing Bell: Sensex wipes off 350-point loss to end flat; Nifty above 17,800; AU SFB surges 17%, IDBI Bank 12%.
Economic Times

PMS Watch: ICICI Pru fund beats benchmark in March, Mukherjea’s fund stays in red - over 1 year ago
ICICI Prudential’s PIPE PMS, which invests in companies primarily in the mid and small-cap segments, has been more or less consistent and given positive returns over the last 1 year. In March, it gave 2.23% returns, while its 1-year return is 10%.
Economic Times

Mukul Agrawal added these 2 smallcap stocks to his portfolio in Q4 - over 1 year ago
Ace investor Mukul Mahavir Agrawal has added smallcap companies WPIL and De Nora India to his portfolio during the March quarter, according to data from the BSE. Agrawal holds a 1.16% stake in WPIL and 1.37% stake in De Nora India. He publicly holds 57 stocks with a net worth of over INR 2,762.7 crore, including Capacite Infraprojects and TAAL Enterprises.
Economic Times

AU Small Finance Bank shares zoom 16% after RBI approves reappointment of MD & CEO - over 1 year ago
Sanjay Agarwal has been reappointed for a period of three years, from April 19, 2023, to April 18, 2026. Also, Uttam Tibrewal has been reappointed as whole-time Director of the Bank for the next three years.
Economic Times

IDBI Bank shares rise 5% as RBI begins evaluating potential bidders - over 1 year ago
As per data available on BSE, Central Government holds a 45.8% stake in IDBI Bank, while the state-owned Life Insurance Corporation of India holds a 49.24% stake in the Bank as of December 2022.The RBI is also conducting a "fit and proper evaluation", including extensive background and financial checks on the potential buyers, a crucial step before an investor is allowed to pick up a stake in a local bank, the people added
Economic Times

These 5 smallcaps turned multibaggers in last 6 months; do you own any? - over 1 year ago
Over the past 6 months, while the benchmark Sensex has experienced a gain of approximately 5%, the BSE Smallcap index has dipped nearly 2%. Despite the weak performance of the smallcap index, there are five stocks within the index that have become multibaggers. Of these, 2 belong to the iron & steel pack. (Data Source: ACE Equity)Interestingly, all of these stocks appear to be strong, according to SWOT analysis conducted by Trendlyne. Upon analysing these companies, it was noted that some have been able to reduce their debt, increase revenue over the past few quarters, and have seen an increase in stake from FIIs.
Economic Times

Unlucky 9? Nifty bulls set to break 8-day rally as IT stocks play spoiler - over 1 year ago
The Nifty index's eight-day winning run was brought to a halt by IT stocks downturn as Tata Consultancy Services missed Q4 estimates. The traders' caution ahead of a three-day holiday also fuelled the temporary dip in the market. The inflation data, released in the US and India yesterday, is positive for investors, with the US' consumer inflation rate coming in lower than forecasted. The medium- to long-term outlook remains positive for the equity market, despite future market uncertainty, although the near term could be bumpy, with the new fiscal year representing an opportunity for growth in the Indian equity markets.
Economic Times

Up 246% in 1 year! Multibagger stock to consider stock split on April 26 - over 1 year ago
India's architectural hardware manufacturer, Hardwyn, is considering a proposal to split shares. The company's board will meet on 26 April to examine the addition of equity shares, subject to the approvals of shareholders and other requirements as necessary. Investors who are holding stock until the record date will receive the new shares in their demat accounts. Hardwyn India's stock price will be adjusted according to the split ratio. The company is one of the largest producers and distributors of aluminium products, offering architectural hardware, door closers, locks, and other related solutions.
Economic Times

Can wealth management companies be real wealth creators? 3 stocks with 'strong buy' and 'buy' recos & return potential of up to 33% - over 1 year ago
Recently a large player in the financial services space, announced that going forward its focus would be the wealth management space. For which it was hiring a new team and had lofty targets for AUM. We look at the existing players in the space and what analysts are forecasting about their price targets. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.
Economic Times

Change in mindset essential to make India a global manufacturing leader: Raamdeo Agrawal - over 1 year ago
“The biggest manufacturing exports started happening in Japan and Korea as their domestic market was very small. So, they set up capacities and businesses only for exports. Even the government (policies) were aligned to make it supportive of exports,” Agrawal said.
Economic Times

What is a Gap-up & Gap-down in the stock market? - over 1 year ago
You must have seen gaps in the stock market or must have heard at least some expert talking about gaps up or down in the market. Ever wondered what these gaps are? In this video, we'll talk about market gaps.
Economic Times

Varun Beverages board to mull stock split on May 2 - over 1 year ago
In Thursday's trade, the stock was trading 0.6% lower at Rs 1,437 on BSE. On a year-to-date basis, the stock has risen nearly 8%, while it has surged 113% in the last one year. It has also delivered multibagger returns to investors as the stock has risen nearly 500% in the last three years, while over 600% in the last five years.
Economic Times

These 5 smallcap turned multibaggers in last 6 months; do you own any? - over 1 year ago
Over the past 6 months, while the benchmark Sensex has experienced a gain of approximately 5%, the BSE Smallcap index has dipped nearly 2%. Despite the weak performance of the smallcap index, there are five stocks within the index that have become multibaggers.
Economic Times

Top 10 smallcap picks of mutual funds in March - over 1 year ago
In March, Nifty Smallcap 100 index fell nearly 2%; however, asset management companies (AMCs) remained positive on a few smallcap stocks and added them to their portfolio. As per a report of ICICI Direct, key additions by AMCs in March include Mahindra CIE Automotive, Kirloskar Oil Engines and Data Patterns. Here is a list of the top 10 smallcap picks of mutual funds (MFs) in March, according to a report by ICICI Direct:
Economic Times

What is a Gap-up & gap-down in the stock market? - over 1 year ago
You must have seen gaps in the stock market or must have heard at least some expert talking about gaps up or down in the market. Ever wondered what these gaps are? In this video, we'll talk about market gaps.
Economic Times

Anand Rathi shares climb over 6% to hit 52-week high after Q4 results - over 1 year ago
Despite a challenging market environment, the company delivered strong performance across verticals. Its net flows for FY23 rose by a staggering 78% on year to Rs 4,896 crore. For the March quarter, net flows grew 40% to Rs 1,180 crore.
Economic Times

Midcap stocks with ‘strong buy’ & ‘buy’ recos can rally up to 55%, according to analysts - over 1 year ago
ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.
Economic Times

Analysts suggest buying these Nifty Auto Index stocks for over 20% returns - over 1 year ago
Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores.
Economic Times

Largecap ideas for a volatile earning season: 3 stocks with potential to rise up to 24% - over 1 year ago
As the Nifty is on a path of recovery, some segments are seeing faster recovery as compared to another. From one of India’s largest banks which has got its mojo back in the last two years, to a company which itself can be classified as a new age company, but hold stakes in other recently listed new age companies. These companies have come on the list because their scores have inched up and also their prices have moved up in the last one month. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters.
Economic Times

Timing the market vs time in the market: Which is better? - over 1 year ago
Amid all this, it is natural for investors to believe that they would be better off staying away from equities. But this argument has a flaw - we are looking at hindsight and trying to predict the future.
Economic Times

Chart Check: Up 40% in 3 months! This smallcap stock is on track to hit fresh record highs; here’s why - over 1 year ago
Tracking the momentum, the stock hit a fresh 52-week high of Rs 450 on April 12, 2023. Short- or medium-term traders can look at buying the stock now or on dips for a possible target above Rs 600 in the next 6 months, suggest experts.
Economic Times

Multibagger smallcap stock jumps over 12% after Mukul Agrawal picks stake - over 1 year ago
The company is majorly owned by promoters and promoter group with 53.68% stake, while the rest lies with the public. Among the public shareholders in the company, retail investors hold nearly 37% stake.
Economic Times

Kotak Bank, TCS, HUL to get new CEOs soon. Will it impact stock prices? - over 1 year ago
The global brokerage firm analysed 72 CEO transitions over the last five years among large listed companies and found that in 53% of the cases, stock price trends did not change around CEO transition but external hires seem to have made a positive difference in stock price trends in many cases.
Economic Times

These 18 stocks rally over 50% YTD; what should investors do now? - over 1 year ago
Stocks that have given stellar returns this year include Finolex Cables, Cigniti Technologies, Jindal Saw, Sonata Software, Sterling Tools, Nucleus Software Exports, Shilchar Technologies, and Goyal Aluminiums. These stocks have risen 50-85%.
Economic Times

Colgate-Palmolive, GM Breweries among 8 stocks that jumped above their 200 DMAs - over 1 year ago
In the NSE list of stocks with a market cap of over Rs 1000 crore, these eight stocks closed above their 200 DMAs (Daily Moving Averages) on April 12, 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.
Economic Times

Death Crossovers: These 8 stocks signal bearishness on April 13 - over 1 year ago
In the NSE list of stocks, eight stocks with a market cap of over Rs 1,000 crore have been witnessing Death Crossovers, according to stockedge.com's technical scan data. The death cross is a technical indicator of bearishness. The death cross appears on a chart when a stock’s short-term simple moving average (SMA) crosses below its long-term moving average on the downside. The 50-day SMA of these stocks crossed below their 200-day SMAs on April 12. Take a look:
Economic Times

Hot Stocks: Brokerages on TCS, Sun Pharma, HPCL, ONGC and Oil India - over 1 year ago
JPMorgan maintained an underweight rating on TCS with a target price of Rs 2700. TCS Q4 missed expectations across the board led by US weakness.
Economic Times

At multi-year highs: These 4 stocks gave 5-year breakouts - over 1 year ago
You can invest in various stocks on regular basis directly from the exchange by setting up a stock SIP. Various broker platforms provide this facility where the investor has to decide the regular amount to be invested and the allocation percentage to different shares. Investors need to set up a mandate for stock SIPs and transfer that amount to the trading account each month to ensure that the instalment is invested regularly.
Economic Times

F&O Ban: Delta Corp, Balrampur Chini under ban for trade on Thursday - over 1 year ago
The Future & Options contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%. Traders who trade in indices do not encounter a situation of security ban.
Economic Times

Infosys Q4 results today: Predictions look bleak. Here’s how to trade the bluechip stock - over 1 year ago
In the last 12 quarters, Infosys shares have delivered negative returns on post-earnings day 50% of the time. Last year's March quarter report card had eroded over 7% value from the bluechip stock. On Tuesday, Infosys shares ended 1.5% higher at Rs 1,428.
Economic Times

Sensex loses 100 points, Nifty below 17,800; IndusInd Bank sheds 3% - over 1 year ago
Sensex drops 100 points, Nifty below 17,800; IndusInd Bank sheds 3%, TechM 2%; Future Consumer, GAIL, Tata Steel are some of the top movers in morning trade.
Economic Times

Traders guide: A power maker making comeback attempt and chemical stock which is trying to break tide of underperformance - over 1 year ago
The markets on Wednesday showed a run in positive territory for the 8th straight day, with the Nifty ending the session with a rise of half a percent. The volatility index, though, is finding itself at its lowest levels, cautioning investors to keep purchases at a minimum.
Economic Times

Sensex, Nifty edge lower on losses in IT and bank stocks - over 1 year ago
From the Sensex pack, IndusInd Bank, Infosys, HCL Tech, Tech Mahindra, TCS and Wipro were the top laggards, falling 1-3%. However, M&M, Power Grid, Reliance, Tata Steel, and UltraTech Cement opened with gains.
Economic Times

Stocks in focus: PVR, TCS and more - over 1 year ago
Nifty futures on the Singapore Exchange traded 22 points, or 0.12 per cent, lower at 17,857.50, signaling that Dalal Street was headed for negative start on Thursday. Here are some stocks which are expected to see some action in trade today.
Economic Times

A short positional trade in India’ largest cement maker along with sideways options from an Adani group stock - over 1 year ago
The price of this company has been moving in an uptrend since October 2022 and has risen sharply by 11% over the last fortnight. The price has now formed a bearish-engulfing candlestick pattern which suggests that the price has formed a short-term peak and is expected to undergo a correction from here. The engulfing formed coincides with a rising-trendline resistance.
Economic Times

Buy or Sell: Stock ideas by experts for April 13, 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 Divi's Lab and Tata Motors while Nooresh Merani has a buy/sell recommendation on GAIL and Tata Motors for today's trading session. Check out the targets and stoploss.
Economic Times