Stock Radar: Buy ICICI Bank for a target of Rs 920, says Shivangi Sarda - over 1 year ago
"ICICI Bank stock has given a breakout from its head and shoulders pattern and falling supply trend line on daily frame and good support from a positive rollover in the entire private banking space will aid the stock for an upside potential of around 920 levels with a stop near 860 zones," Shivangi Sarda, Analyst, Derivatives and Technical Research, Motilal Oswal Financial Services Ltd, said.
Economic Times

9 stocks held by over 100 MF schemes, trading near 52-week lows - over 1 year ago
Investors often seek to purchase stocks during a market correction with the belief that they will reap higher profits when the market rebounds. However, the critical question that arises is which stocks to choose, as several stocks are available at substantially corrected prices during a market correction. For retail investors, it is wise to monitor the activity of institutional investors as they conduct extensive research before investing heavily in stocks. ET Markets has identified nine stocks that are held by over 100 MF schemes and whose prices are trading just 5% away from their 52-week lows. (Data Source ACE MF)
Economic Times

Lenders likely to post robust Q4 numbers; PSU banks profit may touch record high of Rs 1 lakh cr in FY23 - over 1 year ago
PNB's net profit for the third quarter was down 44 per cent to Rs 628 crore due to higher provisioning. SBI recorded the highest net profit of Rs 14,205 crore, an increase of 68 per cent.However, Saha said, there would be pressure on the net interest margin of all banks due to rising deposit rates and a decline in current accounts and savings accounts (CASA)
Economic Times

Market Trading Guide: Aptech, Tata Motors among 5 stock recommendations for Monday - over 1 year ago
The Indian equities continued to trade higher for the fifth consecutive trading session on Friday RBI kept the repo rate unchanged at 6.5%. Sectorally, it was a mixed show with some of the indices including IT, FMCG and consumer durable ending in the red.“Technically, after a long time, Nifty reclaimed the level of the 200-day SMA and has formed a bullish candle on daily and weekly charts. We are of the view that 17500 and 17375 would act as key support areas for the index while 17700 -17800 could act as resistance zone,”Amol Athawale, Deputy Vice President - Technical Analyst, Kotak Securities, said.Here are stock recommendations for Monday:
Economic Times

Value Picks! 10 stocks with below industry PE levels that can rally up to 64% - over 1 year ago
Low PE stocks are considered as value stocks, which are best suited for long-term investment horizons. UPL, Apollo Tyres, M&M Financial Services and Power Finance Corporation are trading at lower PE than their respective industry PE, according to Trendlyne data. Meanwhile, these stocks belong to different industries and can rally up to 64%, Trendlyne data suggested.Here is a list of 10 stocks with below industry PE levels that can rally up to 64%, according to Trendlyne data:
Economic Times

These 5 stocks have seen prices, volumes go up in the last 3 days - over 1 year ago
A host of brokerage firms have buy recommendations on a number of counters. They see a strong potential for value unlocking in these companies, with a targeted upside of up to 58%. These stocks belong to various sectors such as banking, realty, auto component & equipment, household appliances and more. Here is a list of 10 money-making ideas that can rally up to 58%:
Economic Times

Surprise output cut decision by OPEC Plus countries heating up crude oil markets - over 1 year ago
This move was unexpected as the producer’s allies earlier hinted that they did not intend to make changes in their production policies. Although the latest announcement made some sharp upticks in global oil prices, its impact may be limited as the global economy is going through a challenging phase.
Economic Times

Bank Nifty may consolidate, buy decline towards 40500-40700: ICICIdirect - over 1 year ago
Sell April 13 Bank Nifty 41,100 Call at 235-240 & Sell April 13 41,100 Put at 270-274; target: 50; stop loss: 400; time frame: till expiry.
Economic Times

FPIs dump Indian equities worth Rs 37,631 cr in FY23; trend likely to reverse in FY24 - over 1 year ago
Foreign portfolio investors (FPIs) withdrew Rs 37,631 crores from Indian equities during the last fiscal year, after selling a record amount the previous year. However, FPIs are expected to return in the current financial year as India has a high growth potential in 2023-24. Factors including US federal reserve policy, oil prices and geopolitical developments may affect FPI flows this year. Domestic institutional investors have absorbed the massive selling by FPIs, while oversold sectors such as FMCG, capital goods, and healthcare hold potential for contrarian growth, according to Geojit's Chief Investment Strategist.
Economic Times

Bullish or bearish; staying with high dividend yielding stocks may be a better option. 4 stocks with yield of more than 7.66 % - over 1 year ago
When they are reading about Nifty and Sensex moving upward for the last five trading sessions using a word like high dividend yielding stocks may not interest investors especially. However, investing is not about what the Nifty or Sensex has done in the last five days or for that matter even in the last one year. It is more than that.
Economic Times

Varun Beverages, Britannia among 6 stocks to trade ex-dividend this week - over 1 year ago
With a market cap of Rs 5,158 crore, Edelweiss Financial Services is an investment and financial services company based in Mumbai. The company will pay an interim dividend of Rs 0.25 per equity share on Thursday. Shares of Edelweiss Financial Services rose 1.2% to Rs 54.7 apiece in Friday's trade on BSE.
Economic Times

Cementing portfolio; 5 mid and small cap cement stocks which can deliver over 36 % returns, say analysts - over 1 year ago
While the focus of news stays ACC and Ambuja, it would be better to look at many other players, some of them in mid and small cap space. Some of them have improved their performance in terms of operational efficiency. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.
Economic Times

Extension of market hours? Possible impact and readiness - over 1 year ago
While the extension of trading hours may benefit retail traders, and reflect the maturity of Indian markets, it is bound to pile on operational lags, time crunch, and cost burdens for brokerage houses.
Economic Times

Long term investing: 6 midcap stocks with high ROE & consistent ROCE - over 1 year ago
Nothing wrong in getting excited about Nifty moving up, but before one buys they should be clear what they are buying and why they are buying that particular stock. We looked at different parameters and made a list using Refinitiv’s Stock Report Plus which lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".
Economic Times

Learn with ETMarkets: Dow Theory - the cornerstone of technical analysis - over 1 year ago
So, the other day, Dev and Tara were chilling at a cafe, savoring their delicious coffee, when Tara expressed her eagerness to learn more about technical analysis.
Economic Times

Mcap of eight of top-10 valued firms climbs Rs 82,169 cr last week; HDFC twins sparkle - over 1 year ago
Eight out of ten top valued firms saw an increase in market valuation last week, with HDFC twin firms leading the way. Of the top ten firms, eight had positive outcomes from their market valuation. The valuation of HDFC Bank increased by ₹31,553.45 crore ($4.8bn) to ₹9,29,752.54 crore, and HDFC saw a jump of ₹18,877.55 crore, lifting its market valuation to ₹5,00,878.67 crore. Nevertheless, the mcap of Infosys declined by ₹2,323.2 crore to ₹5,89,966.72 crore and that of ICICI Bank fell by ₹1,780.62 crore to ₹6,10,751.98 crore.
Economic Times

Gold rose 2% in a week but could see a fall amid rise in yields - over 1 year ago
Much awaited US nonfarm payroll report showed that the headline employment figure of 236k jobs added in March was higher than the forecast of 230k jobs. The unemployment rate slid 0.1% from February to 3.50% as against the forecast of 3.6%.
Economic Times

Q4 earnings, inflation data, Fed minutes among factors to drive D-Street this week - over 1 year ago
While the overall trend for the market remains positive with a weak dollar and falling US bond yields, analysts do not see significant upside for the index in the coming week, as crucial events are lined up.
Economic Times

Up to 53% gains in 3 days! Smallcap stocks are back in vogue and how! - over 1 year ago
After rallying non-stop for the last five trading sessions, Sensex is up around 2,200 points and Dalal Street investors richer by over Rs 10.43 lakh crore as the total market capitalisation of BSE-listed firms have surged to Rs 262.37 lakh crore.
Economic Times

Old vs new income tax regime for investors: Know which one suits you best - over 1 year ago
Whether it is an investor or a trader, the choice of regime will depend upon the income slab one falls into and how best one can avail the exemption benefits in the old regime.
Economic Times

How InvITs are catering to the nuanced needs of investors - over 1 year ago
Most investors do not have the ability to acquire these assets entirely due to the sheer size and the lack of expertise required to manage them. Investment in InvITs also provides exposure to multiple such assets thus helping to diversify the risk.
Economic Times

Old Vs New Income Tax Regime: Know which one suits you best - over 1 year ago
Echoing similar sentiments, Tinesh Bhasin, Content Head at ET Money, said the government has made changes to the new tax regime to enhance its appeal, and it's likely that many people will find it more beneficial.
Economic Times

India still better investment destination; debt as an asset class is also looking lucrative now - over 1 year ago
The global economy is now confronted with serious financial stability challenges arising from the recent liquidity crisis in the banking sector in some advanced economies.
Economic Times

PSUs have their own strengths. 4 large cap PSU stocks with an upside potential of up to 33% - over 1 year ago
At a time when interest rates are at elevated levels, PSU stocks have an advantage. Of all the PSU stocks, which our algorithms come up with, we took PSU companies from three sectors: financier, power generation and logistics. 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 & upside potential of up to 50 % - over 1 year ago
With only three trading sessions, bears were on back foot, will they be pushed back or it a pause before they roar again. Let the bulls and bears fight, one should on specific stock. 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

Bank deposits edge up after record outflows, Fed data shows - over 1 year ago
Federal Reserve data released on Friday showed deposits at all commercial banks rose to $17.35 trillion in the week ended March 29, on a nonseasonally adjusted basis, from a downwardly revised $17.31 trillion a week earlier.
Economic Times

PSU’s have their own strengths. 4 large cap PSU stocks with an upside potential of up to 33% - over 1 year ago
At a time when interest rates are at elevated levels, PSU stocks have an advantage. Of all the PSU stocks, which our algorithms come up with, we took PSU companies from three sectors: financier, power generation and logistics. 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

5 key lessons from top retail investors to ace the index - over 1 year ago
In an attempt to change this, we have launched “Mission Ace the Index”, which we inaugurated at the Samco-Ace-Up summit conducted on 25th March 2023
Economic Times

​Here are Alan Newman's trading tips to win the stock market game​ - over 1 year ago
Famed editor and technical analyst, Alan M. Newman says previous manias and bubbles have shown that any investor may enjoy great success, since it takes no particular skill to buy stocks."All it takes is money to ride the rising tide. It’s all about demand. Success leads to additional demand and an increased exposure to risk, and eventually an overwhelming demand when leverage is utilized for maximum exposure. However, risk is double edged," he wrote in an article in a financial website.He said the ease of wealth gains in a mania is always neutralised when investors eventually realize that keeping gains is a different story entirely.He is also of the view that stock bubbles take valuation and sentiment measures to ludicrous extremes.
Economic Times

Learn With ETMarkets: Types of strike prices and their values; here's a quick guide to interpret data - over 1 year ago
The premium of each strike is different and is derived from a mathematical formula called as Black-Scholes Model, this is a very complex pricing model, which involves integrations and probability methods. We will not discuss it in detail, however, the Indian Option premium is based on this model.
Economic Times

Nifty Realty Index stocks which analysts suggest buying with upside potential up to 48% - over 1 year ago
The moment there was a pause by RBI on interest rates, real estate stocks which have been consolidating for some time witnessed a sharp spike. 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

Here are Alan Newman's 10 trading tips to win the stock market game - over 1 year ago
Famed editor and technical analyst, Alan M. Newman says previous manias and bubbles have shown that any investor may enjoy great success, since it takes no particular skill to buy stocks."All it takes is money to ride the rising tide. It’s all about demand. Success leads to additional demand and an increased exposure to risk, and eventually an overwhelming demand when leverage is utilized for maximum exposure. However, risk is double edged," he wrote in an article in a financial website.He said the ease of wealth gains in a mania is always neutralised when investors eventually realize that keeping gains is a different story entirely.He is also of the view that stock bubbles take valuation and sentiment measures to ludicrous extremes.
Economic Times

First Republic bank to suspend dividends on preferred stock - over 1 year ago
Large U.S. banks injected $30 billion in deposits into First Republic Bank last month to rescue the lender caught up in a widening crisis triggered by the collapse of two other mid-sized U.S. lenders.
Economic Times

India’s forex reserves drop by $329 m to $578.45 b - over 1 year ago
India's forex reserves dropped by $329 million to $578.449 billion for the week ended March 31, on decline in gold reserves, the RBI said on Friday. The forex kitty had risen well in the previous two reporting weeks, and rose by $5.977 billion to $578.778 billion for the week ended March 24.
Economic Times

Yellen downplays recession fears, expects US economy to grow - over 1 year ago
While the situation has calmed, analysts warn that fallout from the recent instability could continue -- as banks tighten lending standards, reducing available credit to households and businesses.
Economic Times

US bank lending slumps by most on record in final weeks of March - over 1 year ago
The biggest 25 domestic banks account for almost three-fifths of lending, although in some key areas — including commercial real estate — smaller banks are the most important providers of credit.
Economic Times

Up to 53% gain in 3 days! Smallcap stocks are back in vogue and how! - over 1 year ago
After rallying non-stop for the last five trading sessions, Sensex is up around 2,200 points and Dalal Street investors richer by over Rs 10.43 lakh crore as the total market capitalisation of BSE-listed firms have surged to Rs 262.37 lakh crore.
Economic Times

Temasek set for controlling stake in Manipal Hospitals - over 1 year ago
Manipal Health has been expanding its footprint across the country through multiple buyouts. In 2020, it acquired the Indian assets of Columbia Asia Hospitals for ₹2,100 crore and, in June 2021, it bought out Bengaluru-based Vikram Hospitals from Multiples Private Equity for around ₹350 crore.
Economic Times

SAMHI Hotels raises ₹900 cr from Citi to refinance Cerberus and Stanchart loans - over 1 year ago
The Draft Red Herring Prospectus (DRHP) filed by SAMHI on April 5 disclosed that the group is raising money to retire ₹750-crore debt by prepayment of loans and for general corporate purposes.
Economic Times

Investors' wealth jumps over Rs 10.43 lakh cr in last 5 days of market rally - over 1 year ago
"The Indian equity market saw gains for the second week in a row after a protracted period of underperformance, thanks to stable global cues, FII buying amid valuation comfort, and signs of a worldwide peak in interest rates," said Santosh Meena, Head of Research, Swastika Investmart Ltd.
Economic Times

Decoded: Whom to Call during different interest rate climates - over 1 year ago
While rising interest rates can dampen sentiment and negatively impact midcap and smallcap sectors, they can also be a positive development in times of strong economic growth. Gradual rate increases help cool the economy and reduce the impact of inflation, as seen from FY2003 - FY 2008, when the
Economic Times

Infosys, TCS & more: Q4 earnings to watch out for next week - over 1 year ago
Many IT bellwethers are going to release their Q4 earnings results next week. Quarterly earnings are crucial as it helps judge companies' performance and set the tone for investors for the upcoming months. Here is a look at five companies that will report their financial results next week.
Economic Times

PSUs to outshine private banks in Q4; which stocks should investors bet on? - over 1 year ago
The brokerage expects banks under its coverage to report a strong 44% YoY growth in net profit in the last quarter of FY23, led by a 30% growth in pre-provision operating profit.
Economic Times

5 stocks from B2B of manufacturing sector with upside potential of up to 62% - over 1 year ago
B2B is normally associated with the digital world, but there are many companies whose products go as consumable or what is commonly called as raw material in the manufacturing sector.
Economic Times

5 stocks from B2B of manufacturing sector with upside potential of up to 62 % - over 1 year ago
B2B is normally associated with the digital world, but there are many companies whose products go as consumable or what is commonly called as raw material in the manufacturing sector.
Economic Times

Unauthorised investment advisory services: Sebi bans 4 entities from securities markets for 6 months - over 1 year ago
The Securities and Exchange Board of India (SEBI) has banned four entities from the securities markets for six months after finding that they had provided unauthorized investment advisory services without SEBI's registration. Additionally, these entities must refund the funds collected from investors within three months. The four entities are Course Work Focus, its proprietor Shashank Hirwani; Capital Research, its proprietor Gopal Gupta; and Rahul Patel, who is the proprietor of Capres. SEBI found that Course Work Focus and Hirwani collectively received over Rs 96 lakh from investors, while Capital Research, Gupta, and Patel together collected Rs 60.84 lakh by providing such unregistered investment advisory services.
Economic Times

Nifty Financial Services Index stocks that analysts suggest buying for up to 40% potential upside - 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

Airline industry has had a ‘bad century’ since the Wright brothers; 3 reasons why it is a tough business - over 1 year ago
“The worst sort of business is one that grows rapidly, requires significant capital to engender growth, and then earns little or no money. Think airlines. Here a durable competitive advantage has proven elusive ever since the days of the Wright Brothers
Economic Times

HDFC Bank, Indian Hotels among 6 stock picks from Motilal Oswal's model portfolio - over 1 year ago
The correction and breather in markets, especially broader markets, has thrown up interesting opportunities and made the risk-reward relatively more favourable, according to Motilal Oswal. The brokerage has made a series of changes to its mode portfolio. Here are six top stock picks from its universe. (Source: Motilal Oswal)
Economic Times

'Powell's curve' plunges to new lows, flashing US recession warning - over 1 year ago
The Fed - which has embarked on one of its most aggressive rate hiking cycles in decades to defeat inflation over the past year - has forecast borrowing costs will remain around current levels to the end of 2023. But market participants believe tighter monetary policy is already starting to hurt growth and are betting on rate cuts later this year
Economic Times