Top Nifty Auto Index stocks analysts suggest buying with a potential upside of more than 20 % - 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

RBI pause like Sachin Tendulkar stroke on tricky pitch: Nilesh Shah - over 1 year ago
“The RBI’s pause is like Sachin's stroke on a tricky pitch but with eyes set in and having the luxury of hitting the ball wherever he wanted. The RBI had the option of a rate hike or a pause. The pause was not entirely unexpected," said Nilesh Shah, MD, Kotak AMC.
Economic Times

LTTS, HUL, Vedanta among 9 stocks that jumped above their 200 DMA - over 1 year ago
In the Nifty200 pack, nine stocks closed above their 200 DMA (Daily Moving Averages) on April 5, 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. Take a look:
Economic Times

Dalal Street bulls get a shot in arm as RBI Governor keeps gun powder dry - over 1 year ago
The top gainers in the Nifty pack were State Bank of India, Adani Enterprises, Eicher Motors, BPCL and IndusInd Bank while the top losers were HCL Technologies, ONGC, UPL, Hindustan Unilever and Titan.​​
Economic Times

SBI, ITC, Varun Beverages among 10 large & midcap picks for April that can rally up to 41% - over 1 year ago
Axis Securities has picked State Bank of India, Infosys, ICICI Bank, Varun Beverages among a host of other large and midcap stocks as its top picks for the month of April. The brokerage's top picks' basket has outperformed the benchmark by a significant margin with a return of 9.7% in FY23 as against the 0.6% decline posted by Nifty over the same period.
Economic Times

RBI leaves repo rate unchanged at 6.5%, maintains policy stance; market turns positive - over 1 year ago
This is the first time since May 2022 the central bank has not tweaked interest rates. The RBI has raised interest rates by a cumulative 250 basis points since May in its year-long battle against inflation.
Economic Times

Sensex, Nifty off to cautious start ahead of RBI policy decision - over 1 year ago
"The recent rally which has taken the Nifty around 600 points from the March lows has been driven by reasonable valuations and short covering. FIIs turning buyers (Rs 4261 crores during the last 4 trading sessions) also has been supportive. Global support for the rally will depend on the payrolls data from the US tomorrow. Already ISM services data has come below expectations. So it is possible that tomorrow’s payrolls data may indicate a slowing economy and this can prove to be positive from the market perspective," V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.
Economic Times

Stocks to buy today: 7 short-term trading ideas by experts for Thursday, 6 April - over 1 year ago
“Options data suggests a broader trading range in between 17100 to 17800 zones while an immediate trading range in between 17400 to 17700 zones,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said.
Economic Times

Death Crossovers: Ceat among 7 stocks that signal bearishness - over 1 year ago
In the NSE list of stocks, seven 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 5. Take a look:
Economic Times

Sensex loses over 100 points ahead of RBI policy decision; Nifty below 17,550 - over 1 year ago
Sensex falls over 100 points ahead of RBI policy decision; Nifty below 17,550; DMart, Cyient shed 2% each; Dhani Services, Ujjivan Small Finance Bank, Cholamandalam are some of the top gainers in morning trade.
Economic Times

Fundamental Radar: ITC is better pick in FMCG space; buy for a target of 450, says Kaustubh Pawaskar - over 1 year ago
"ITC is one of the largest diversified consumptions play in India with presence in businesses such as cigarettes, FMCG, hotels, and paper. The company is the market leader in the domestic cigarette industry, which is its cash cow business. We have a Buy rating on the stock with PT of Rs450," Kaustubh Pawaskar, Deputy VP Fundamental Research at Sharekhan by BNP Paribas
Economic Times

Buy or Sell: Stock ideas by experts for April 06, 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 L&T and Bajaj Auto while Nooresh Merani has a buy/sell recommendation on Mahanagar Gas and Indian Hotels for today's trading session. Check out the targets and stoploss.
Economic Times

A defence stock breaking a channel and Nifty options for a sideways trade - over 1 year ago
The price of this company had formed a top at Rs 677 on December 22 and has been sliding lower gradually since then. The price has given a breakout of the upper trendline of a falling-parallel channel, within which it is consolidating since February. The breakout in price is accompanied by a rise in volume, which increases the reliability of the breakout.
Economic Times

Stocks in focus: Ujjivan Small Fin Bank, Cholamandalam Investment and more - over 1 year ago
Nifty futures on the Singapore Exchange traded 40.5 points, or 0.23 per cent, lower at 17,584.50, 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 power major for relative out performance trade along with a trading strategy in ITC - over 1 year ago
The markets on Wednesday were influenced strongly by short covering, with the net Open Interest in derivatives showing a decline. The Nifty ended the day with an almost one percent rise and near its high point.
Economic Times

Shares of Vedanta to trade ex-dividend today - over 1 year ago
The company recorded its highest-ever quarterly mined metal production at 301 kt since UG transition in the fourth quarter, driven by higher ore production and improved mined metal grades.
Economic Times

Asian stocks slide, bond yields depressed as recession worries weigh - over 1 year ago
As signs have built this week for a sharp U.S. slowdown, traders have been pricing for a more dovish Fed. Money markets now see the odds of a further quarter point hike at the May meeting versus a pause as a coin toss. And 71 basis points of easing are priced by year-end.
Economic Times

Sebi issues code for ads to rein in 'finfluencers' - over 1 year ago
The code for advertisements from advisers covers traditional communication channels as well as all electronic, wired, or wireless communication such as e-mail, messaging platforms, social media platforms, radio, telephone, or any other form over the internet.
Economic Times

TD world's most shorted banking stock, shares down -ORTEX data - over 1 year ago
The First Horizon deal would catapult TD to the sixth-biggest commercial bank in the U.S. from the tenth-largest now, according to the Federal Reserve. The next-largest Canadian bank in the U.S. is BMO, which is number 23 on the list.
Economic Times

Big Movers on D-St: What should investors do with KEI Industries, Cyient and Nykaa? - over 1 year ago
If it sustains above the level of Rs 1750 on a closing basis, then we can expect further upside movement. On the downside, the level of Rs 1550 can act as a major support. One can go for buy on dip strategy in this.
Economic Times

US stock market: S&P 500 ends lower as recession fears take center stage - over 1 year ago
Among stocks that kept the Dow Jones Industrial Average in positive territory, Johnson & Johnson rallied 4.5% after its $8.9 billion offer to settle talc-related lawsuits gained the support of thousands of claimants, easing an overhang on its plans to list consumer health unit Kenvue.
Economic Times

Stocks in news: DMart, Nykaa, Vedanta, Hero MotoCorp, LIC - over 1 year ago
Avenue Supermarts, which operates retail chain DMart, has reported Rs 10,337 crore standalone revenue for the fourth quarter ending March.
Economic Times

Adani Enterprises may enter Sensex, LTI Mindtree Nifty after HDFC's merger - over 1 year ago
If included, LTI Mindtree will see an inflow of ₹1,400 crore or $170 million, while Adani Enterprises could see around ₹1,000 crore or $120 million worth of shares being bought by passive funds, said analysts.
Economic Times

Phoenix ARC buys a clutch of bad loans for Rs 1,500 crore - over 1 year ago
Phoenix ARC bought two loan portfolios from Bandhan Bank worth over ₹4,900 crore for ₹740 crore, equating to a recovery of 15%. Bandhan Bank ran a Swiss Challenge based on the anchor offer from Phoenix ARC on March 27 but did not receive any counter bids. Phoenix gave a binding bid of ₹369.20 crore for the written-off portfolio and ₹370.62 crore for the NPA portfolio, based on a security receipts (SR) consideration basis.
Economic Times

SP Group looks to raise $1.75 billion against Tata stake - over 1 year ago
The group has already pledged close to 9% of its 18.37% stake in Tata Sons. After this latest transaction, the entire stake, currently valued at close to ₹94,000 crore, will be pledged to lenders including two foreign banks and several overseas hedge and credit funds.
Economic Times

RP moves NCLT over Smaaash's ownership change - over 1 year ago
In a petition filed before the court, the RP said that Morakhia had sought to "sell, assign and transfer" the brand content and trademarks of the company to privately owned Fun Gateway Arena just 18 days before the company was admitted into the insolvency process.
Economic Times

Bernstein expects a quick Nifty rebound; accumulate on dips, says Goldman Sachs - over 1 year ago
The firm said a longer period of higher interest rates, lack of buffers, the risk of monsoon, and stagnant economic growth are the factors that could cap Nifty upside at 18,000-18,500.
Economic Times

Stock Radar: Bajaj Auto could make an attempt to retest September highs; time to buy? - over 1 year ago
The stock hit a 52-week high of Rs 4,130 on September 1, 2022, but failed to hold on to the resistance
Economic Times

Indices rise to 4-week highs, Nifty tops 17,500 - over 1 year ago
Financials, technology, and consumer stocks led Wednesday's gains even as softer US economic data - weaker-than-expected factory output and job openings - and the bankruptcy filing by Virgin Orbit halted the four-day winning streak on Wall Street.
Economic Times

Tata Steel Q4 Update: Output grows 3%; sales fall 3.43% - over 1 year ago
Its total sales were 7.59 MT, down 3.43 per cent over 7.86 MT in the same quarter of 2021-22
Economic Times

S&P, Nasdaq fall as recession worries mount on weak economic data - over 1 year ago
Dow up 81 points, S&P 500 down 13.72 points, and the Nasdaq Composite falls 145.17 points
Economic Times

Stock Radar: Buy Bajaj Auto for a target of Rs 4050-4120, says Ruchit Jain - over 1 year ago
“Bajaj Auto stock price witnessed good buying interest in Monday’s session on breakout as the volumes increased gradually. The RSI oscillator in the daily, as well as the weekly charts, has given a positive crossover indicating a bullish momentum,” Ruchit Jain, Lead Research, 5paisa.com, said.
Economic Times

Sebi issues advertisement code for investment advisers, research analysts - over 1 year ago
The Securities and Exchange Board of India (Sebi) has issued an advertising code for investment advisers and research analysts aimed at stopping potentially misleading statements that exploit investors' lack of experience and understanding about the market. Advisers and analysts have been banned from using superlative terms and technical or legal jargon in their advertising, and are not allowed to make misleading statements or promises of assured returns. The new rules come into force on 1 May and are designed to further strengthen the conduct of investment advisers and research analysts. Copies of advertisements must be kept for five years.
Economic Times

NSE cautions investors against two individuals - over 1 year ago
National Stock Exchange (NSE) has cautioned investors to be wary of two individuals associated with Piramid Solution and Wings2Trade. The individuals, Archana Patel and Naga Rathnam, have been offering to handle trading accounts and asking investors to share user IDs and passwords, which is illegal. Patel has been offering guaranteed returns on investments, which is also illegal, the NSE said. The NSE asked investors not to subscribe to any products or schemes that offer guaranteed returns in the stock market, a violation of law that carries its own risks and consequences.
Economic Times

Nykaa expects over 30% growth in FY23 revenue on better conversion rates - over 1 year ago
The BPC business saw higher year-on-year growth rates in the March quarter compared to the year-on-year growth seen in the December quarter.
Economic Times

Knicks travel to Pacers, won't go quietly into playoffs - over 1 year ago
The New York Knicks are focusing on a tune-up for the playoffs, visiting the Indiana Pacers on Wednesday night in the first of two matches in five days before facing the Cleveland Cavaliers in the first round of the postseason. Coach Tom Thibodeau said it was "hypothetical" to plan for his team's final three games, while Julius Randle will miss the remainder of the regular season due to a sprained left ankle, and Jalen Brunson has suffered hand and foot injuries. The Pacers have missed the playoffs three years straight despite showing improvement, and coach Rick Carlisle hopes to look ahead to a big summer for their rebuilding effort.
Economic Times

Goldman Sachs fined $3 mln by FINRA over mismarking short sale orders - over 1 year ago
Goldman Sachs has been fined $3m by its self-funded regulator, the Financial Industry Regulatory Authority, over inaccurate marking of share sales, trade-reporting violations and a failure to maintain satisfactory supervisory rules. Mistakenly marked orders were caused by the omission of a single line of computer code during software upgrades, from October 2015 to April 2018, and resulted in around 60 million short sale orders, representing roughly 1% of sell principal orders during the period, being marked as "long", with nearly 8 million executed. Over 12,000 of the executed orders violated short sale circuit breakers.
Economic Times

ITC stock likely to sustain momentum amid improving business momentum - over 1 year ago
In the past, a steep increase in taxes often led to a rise in the illicit cigarette sales thereby affecting ITC’s cigarette volume. Over the past three years, however, the extent of duty increase was relatively benign, aiding a recovery in ITC’s volume. After reporting a drop in the volume growth between FY18 and FY21, the company recorded a growth of 8% in the December 2022 quarter. The three-year average volume growth was 7%.
Economic Times

RBI Policy Preview: Will MPC deliver the final rate hike on Thursday? - over 1 year ago
The recent global developments will weigh heavily during the policy decision making by the MPC. The G3 central banks have delivered as per the previous forward guidance
Economic Times

Turning a corner? FPIs remain net buyers for five straight days, pump in Rs 5,700 cr - over 1 year ago
During the past 5 days, FIIs have invested a total of Rs 5,708 crore. However, they are still net sellers at Rs 22,000 crore so far this year on a year-to-date basis.
Economic Times

Expect Nifty to reach 20,000 in the next 12 months: Goldman Sachs' Timothy Moe - over 1 year ago
Goldman Sachs' Timothy Moe has released a note on Nifty, where he expects the index to reach 20,000 in a year. ET Now's Pankaj Poddar is here with the details.
Economic Times

​These 6 consumer discretionary stocks record their new 52-week highs, gain up to 20% in a month - over 1 year ago
On Wednesday, the benchmark index Sensex rallied 583 points to reach the 59,689 level. In tune with this upward trend, 6 stocks belonging to the BSE consumer discretionary index reached new 52-week highs, which is considered a crucial technical indicator by some traders and investors to evaluate a stock's current worth and predict its future price movements. The 52-week high indicates the highest price at which a stock has traded during the past year.
Economic Times

Dollar mired near two-month low after jobs jolt; RBNZ boosts kiwi - over 1 year ago
The dollar hovered around two-month lows against six other currencies. In contrast, the New Zealand dollar rallied after its central bank unexpectedly raised interest rates by 50bps to a more than 14-year high of 5.25%. The response exceeds market expectations, in which the bank's move to raise rates by 25bps would be more likely. The US employment report on Friday may also significantly affect market activity in the coming days.
Economic Times

Newest Entrants! Zerodha's Kamath brothers make it to Forbes' billionaires list 2023 - over 1 year ago
Of Zerodha's strong customer base, 2.5 million are F&O users and 1.5 million are active F&O traders. According to a report by HDFC Securities, Zerodha is likely to report a 12% jump in its net profit at Rs 2,500 crore
Economic Times

Fed's Mester says too soon to tell if rate hike needed in May: Report - over 1 year ago
Cleveland Federal Reserve Bank President Loretta Mester has said it was too early to tell whether the US central bank would raise its benchmark interest rate at its next policy meeting in early May. Mester said she still saw "somewhat more persistent" inflation than the median forecast of her colleagues, and pointed to uncertainty over the duration and magnitude of recent financial sector difficulties. In March, the Fed raised interest rates to between 4.75% and 5%, indicating there may not be another peak rate rise.
Economic Times

J&J rises as $8.9 bln talc lawsuit settlement eases overhang on consumer unit spinoff - over 1 year ago
Johnson & Johnson's shares increased 3% on Wednesday after the company received the support of around 60,000 people for its $8.9 billion settlement to resolve talc-related lawsuits, which could bring an end to the case. Analysts were positive about the settlement that is significantly larger than the original offer of $2 billion. J&J said the settlement would enable it to proceed with its plans to list its consumer health unit Kenvue. The company also condemned the actions of plaintiffs' lawyers, saying that the talc claims lacked scientific merit.
Economic Times

S&P, Nasdaq slip as weak private payrolls data feeds recession fears - over 1 year ago
Dow up 57.17 points, S&P 500 down 6.16 points, and Nasdaq Composite slips 61.98 points
Economic Times

​Market Trading Guide: Can Fin Homes, Pricol are 2 stock recommendations for Thursday - over 1 year ago
Shrugging off weak global cues, the benchmark indices closed in positive territory for the fourth straight trading session on the back of gains in IT and financial shares. A day ahead of the Reserve Bank of India's monetary policy review, the 30-share BSE Sensex surged 583 points to settle at the nearly four-week high of 59,689.31. Nifty ended above 17,550 points. The RBI is expected to announce a 25 basis point rate hike in its policy announcement on Thursday before taking a pause, which is expected to be a positive for the market.“Although we believe that the market's short-term structure is strong, transitory overbought situations may cause some profit-taking at higher levels. The current resistance level for day traders would be 17,600-17,650, while the important support area would be 17,450-17,400. The uptrend would be at risk if it fell below the 17,400 level,” said Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities.Here are stock recommendations for Thursday:
Economic Times

ET Money Show: Should you consider investing in US equities amid the volatility in Indian markets? - over 1 year ago
Kaustubh Belapurkar of Morningstar India tells you the important things to keep in mind if you want to invest in the US Stock Market.
Economic Times

What are price trends? Techniques to spot price trends in stock market - over 1 year ago
Price trends, a very important tool when it comes to technical analysis, is something we all have heard of. In this video, Neha Vashishth of ET markets talks about the 6 techniques used for identifying trends. Watch!
Economic Times