Wall Street climbs as inflation data boosts softer Fed policy hopes - over 1 year ago
The Nasdaq is set for its biggest quarterly percentage gain since the end of 2020 as investors shifted toward major technology and growth stocks from financial stocks amid fears of a bank contagion, while the cyclicals-heavy Dow Jones is in the red.
Economic Times

Sebi imposes Rs 1.55-crore fine on 23 entities for flouting regulatory norms - over 1 year ago
Further, MCX submitted its observations to Sebi in June 2018 and conducted a detailed examination to find out whether certain connected entities intended to corner the market on long side in mentha oil contracts thereby violating the position limits as prescribed by the regulator.
Economic Times

Sebi imposes Rs 5 lakh fine on Videocon's Venugopal Dhoot for disclosure lapses - over 1 year ago
The scope of the examination was specifically to ascertain whether Dhoot violated the provisions of LODR (Listing Obligations and Disclosure Requirements) rules and provisions of listing agreement in respect of the submissions that were required to be made by Videocon Industries to the stock exchanges.
Economic Times

Fed's Collins says "early days" still in assessing policy impact on economy - over 1 year ago
It is "early days yet in terms of assessing whether we really have gone as far as we need to go," Collins said in an interview on Bloomberg Television following the release of data showing consumer spending was basically flat in February after a large jump in January.
Economic Times

US stocks open higher as inflation data boosts softer Fed policy hopes - over 1 year ago
The Dow Jones Industrial Average rose 42.93 points, or 0.13%, at the open to 32,901.96
Economic Times

Fed seen on the fence for interest rate hike at May meeting - over 1 year ago
That's the read from traders of futures contracts tied to the Fed's policy rate after the U.S. government reported a slight easing in a key gauge of inflation that suggests the U.S. central bank's year-long effort to ease price pressures is making some headway.
Economic Times

Rs 6 lakh cr investor wealth lost in FY23! M-cap of BSE-listed companies drops to 258.18 lakh cr - over 1 year ago
The year was marked with high inflation, coupled with big events, including the Russia-Ukraine war, Adani Group saga and banking crisis in the US towards the fag-end of the year, which impacted the market the most.
Economic Times

Sebi cancels registration of 3 brokers in NSEL case - over 1 year ago
By providing such a facility, they exposed their clients to the risk involved in trading in a product that did not have regulatory approval. The acts by the brokers raised doubts about their competence to act as registered securities market intermediaries, the orders noted.
Economic Times

5 Nifty PSU Bank stocks that surged 60-110% in FY23 - over 1 year ago
In the last few months, Nifty experienced a decline of 2.2% compared to a gain of about 19% in FY22. On the other hand, the top 5 Nifty PSU Bank stocks have performed exceptionally well, with revenues ranging from 60-110 per cent in FY23. Watch this video to know more.
Economic Times

​How to trade defence stocks? Here are 4 buy-sell ideas - over 1 year ago
In the last week of FY23, the Ministry of Defence (MoD) has approved a number of orders, benefitting PSUs such as Bharat Electronics, Bharat Dynamics and Garden Reach Shipbuilders & Engineers. Most of these orders have been under the Indian-IDMM category, in line with the government’s focus on indigenisation, hence, ICICI Securities expects consequential benefits for downstream companies in radars, instrumentation and surveillance systems.Here's a list of buy-sell ideas from ICICI Securities:
Economic Times

Senior Citizen Savings Scheme, Sukanya Samriddhi, NSC interest rates hiked by up to 70 bps for June quarter - over 1 year ago
Here is a look at the interest rates on various small savings schemes for the first quarter of FY 2023-24.
Economic Times

These 5 Hybrid Funds gave high returns to investors over 3-5 years - over 1 year ago
The aim of Hybrid funds is to balance the risk-reward ratio, thereby, optimising the return on investments.
Economic Times

Tech View: Nifty forms morning star pattern on weekly scale. What should traders do next week - over 1 year ago
Nifty as per weekly chart formed a long bull candle, which indicates a sharp reversal in the market on upside. After declining continuously for the last three months a doji type candle pattern was formed as per monthly time frame chart. This is a positive signal as per long term charts.
Economic Times

Sebi extends compliance period for 3 yrs for large corporates to raise 25% of incremental borrowings via debt mkt - over 1 year ago
The Securities and Exchange Board of India (Sebi) has extended the compliance requirement for large corporates to raise at least 25% of their incremental borrowings through debt securities to a contiguous block of three years from the present two years. This decision comes after the board of Sebi allowed the proposal. Previously, large corporates needed to mobilize a minimum of 25% of their borrowings through the issue of debt securities in a financial year, which had been mandated over a contiguous block of two years.
Economic Times

Rs 2.53 lakh crore bonanza! Record DII buying a saving grace for D-Street in FY23 - over 1 year ago
Meanwhile, foreign institutional investors were net sellers of Indian equities for the second consecutive financial year. They net sold shares worth Rs 40,413 crore this fiscal.
Economic Times

Brokerages Jefferies, Morgan Stanley find India equity valuations attractive after rout - over 1 year ago
Meanwhile, Morgan Stanley places India at the 7th spot in terms of market allocation among APxJ/EM (Asia Pacific ex-Japan / Emerging Markets). The US-headquartered investment bank and financial services company is ‘Overweight’ (OW) on China, South Korea and Taiwan.
Economic Times

Jio Financial Services demerger: Reliance to hold meeting on May 2; stock surges over 4% - over 1 year ago
Shares of India's most valuable firm Reliance Industries climbed nearly 5% to Rs 2,343 in Friday's trade on BSE after the company initiated the process to demerge its financial services business by calling for a meeting of creditors and shareholders. A meeting of the creditors and shareholders of Reliance Industries will be held on May 02, 2023, to consider and approve the proposed scheme of arrangement between Reliance Industries and Reliance Strategic Investments (RSIL). After the demerger, the name of Reliance Strategic Investments shall be changed to Jio Financial Services.
Economic Times

Zerodha's Nithin Kamath on ASBA-like facility for secondary market - over 1 year ago
"While the UPI block mechanism to allow trading with funds lying in the bank account is optional for brokers, the ability to collect fees from CC and potentially lower regulatory burden due to non-handling of client funds would probably mean that most brokerages will offer it," Kamath said.
Economic Times

Sensex rallies over 1,000 pts; Nifty above 17,350; RIL jumps 4, Infosys 3% - over 1 year ago
Closing Bell: Sensex ends 1031 pts higher on the last day of FY23; Nifty above 17,350. RIL jumps 4 %, Infosys and Tata Motors gain 3% each.
Economic Times

Alert! 33 companies to face pre-IPO lock-in expiry in next 3 months - over 1 year ago
As many as 33 companies will see the expiry of pre-IPO lock-ins in the next three months. A lock-in is a time period under which existing shareholders cannot sell their investments to avoid volatility in the stock.
Economic Times

Sensex zooms 1,000 points on last day of FY23: Top 6 factors behind the rally - over 1 year ago
"Nifty valuations are now reasonable and this has prompted FIIs to turn buyers in the last two days. The market is oversold and this can lead to short-covering and a tactical rally in the near-term," said Dr. V K Vijayakumar of Geojit Financial Services.
Economic Times

Reliance Industries shares climb 5%. Here's why - over 1 year ago
A meeting of the creditors and shareholders of Reliance Industries will be held on May 02, 2023, to consider and approve the proposed scheme of arrangement between Reliance Industries and Reliance Strategic Investments (RSIL). After the demerger, the name of Reliance Strategic Investments shall be changed to Jio Financial Services.
Economic Times

Sebi move of upstreaming client funds likely to hurt non-bank brokers - over 1 year ago
According to the regulator, the framework aims at giving benefits such as interest on the blocked funds in a client’s savings account till the time the amount is debited.
Economic Times

Rail Vikas Nigam shares rise 4%. Here's why - over 1 year ago
As per Trendlyne data, the average target price of the stock is Rs 61, which shows a downside of 10% from the current market prices. The consensus recommendation from two analysts for Rail Vikas Nigam is a strong buy.
Economic Times

Sensex zooms 1,000 points on last day of FY23: Top 5 factors behind the rally - over 1 year ago
"Nifty valuations are now reasonable and this has prompted FIIs to turn buyers in the last two days. The market is oversold and this can lead to short-covering and a tactical rally in the near-term," said Dr. V K Vijayakumar of Geojit Financial Services.
Economic Times

Sensex zooms 900 points on last day of FY23: Top 5 factors behind the rally - over 1 year ago
"Nifty valuations are now reasonable and this has prompted FIIs to turn buyers in the last two days. The market is oversold and this can lead to short-covering and a tactical rally in the near-term," said Dr. V K Vijayakumar of Geojit Financial Services.
Economic Times

Expect RBI to deliver final rate hike of 25 bps next week: Kotak Mahindra Bank - over 1 year ago
Incremental rate hikes from these two key central banks will depend on how incoming macro data and financial markets conditions evolve over the next few weeks and months, said Lakshmi Iyer, CEO-Investment & Strategy, Kotak Investment Advisors.
Economic Times

European shares rise ahead of eurozone, U.S. inflation report - over 1 year ago
Investors will closely monitor flash estimates of euro zone inflation data, which is expected to show a moderation in consumer price growth in March on a yearly basis.
Economic Times

Sensex zooms 850 points on last day of FY23: Top 5 factors behind the rally - over 1 year ago
"Nifty valuations are now reasonable and this has prompted FIIs to turn buyers in the last two days. The market is oversold and this can lead to short-covering and a tactical rally in the near-term," said Dr. V K Vijayakumar of Geojit Financial Services.
Economic Times

5 logistics and transportation companies with “strong buy” and “buy” ratings that can offer up to 52% - over 1 year ago
After facing many headwinds in the last three years, starting from Covid and then sudden spike in oil prices, logistic companies are once again making back on the buy list. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.
Economic Times

Bharat Electronics shares jump over 7%. What's cooking? - over 1 year ago
Further, for the Indian Navy, contracts for Software Defined Radio (1,265 units), HD VLF HF Receiver (1,178 units), and Sarang (12 units), were signed. Sarangs will be installed on Kamov 31 helicopters of the Indian Navy which intercepts, detects and identifies the radar emitters comprising state-of-the-art technologies.
Economic Times

Midcap stock zooms 9% on receiving USFDA approval for glaucoma drug - over 1 year ago
Brimonidine Tartrate Ophthalmic Solution is an alpha-adrenergic receptor agonist indicated for the reduction of elevated intraocular pressure (IOP) in patients with open-angle glaucoma or ocular hypertension.
Economic Times

Dwarikesh Sugar jumps over 5% as stock trades ex-dividend - over 1 year ago
The interim dividend outgo will be Rs 37.66 crore, the company said in its filing to the exchanges. "The record date for reckoning the shareholders who shall be entitled to receive the said dividend shall be Friday, March 31, 2023," the release said.
Economic Times

Money raised by SMEs via IPO route jumped 130% to Rs 2,229 crore in FY23 - over 1 year ago
SME collected this amount through 125 issues during FY 2022-23 versus Rs 965 crore collected from 70 IPOs in 2021-22. The largest SME IPO was of Rachana Infrastructure (Rs 72 crore), according to primedatabase.com - a database on the primary capital markets.
Economic Times

Adani Group tells stock exchanges to protect investor interest. - over 1 year ago
Adani Group has attributed the Tuesday, March 28, 2023 fall in its stocks to 'The Ken' report captioned “The Adani Group wants you to believe it has repaid all its loans against promoters. Here’s why you should not”.
Economic Times

All Adani Group stocks in green; Adani Power, NDTV hit 5% upper circuit - over 1 year ago
On Thursday, Adani Group via an exchange filing urged the stock exchanges to “take appropriate actions against such agencies whose actions are prejudicial to the interests of the investors at large,” it said.
Economic Times

Reliance Industries shares climb 4%. Here's why - over 1 year ago
A meeting of the creditors and shareholders of Reliance Industries will be held on May 02, 2023, to consider and approve the proposed scheme of arrangement between Reliance Industries and Reliance Strategic Investments (RSIL). After the demerger, the name of Reliance Strategic Investments shall be changed to Jio Financial Services.
Economic Times

Chart Check: Breakout from a consolidation range makes this cement stock an attractive buy - over 1 year ago
The S&P BSE Sensex stock hit a fresh 52-week high of Rs 7,599 on 29 March 2023. The stock is up more than 2% in a week and over 4% in a month.
Economic Times

Windfall gains! 66 penny stocks rose up to 2,910% in FY23; can this sustain? - over 1 year ago
Stocks such as Rama Steel Tubes, Filatex Fashions, Indianivesh, Magnum Ventures, Euro Asia Exports, Madhusudan Securities, Imagicaaworld Entertainment, Abhirami Financial Services, Tirupati Tyres, Soma Textiles, and Deep Diamond India have gained over 100-700% from the March 2022 levels.
Economic Times

10 PSU stocks that paid dividends up to 32 times since 2011. Do you own any? - over 1 year ago
A dividend is a share of profits and retained earnings that a company pays out to its shareholders. According to StockEdge data, 10 PSU stocks are paying consistent dividends to their investors and have paid dividends up to 32 times since 2011. These stocks include NTPC, Power Grid Corporation, Oil India and ONGC.Here is a list of 10 PSU stocks that paid dividends up to 32 times since 2011, according to StockEdge data:
Economic Times

Sensex zooms 750 points on last day of FY23: Top 5 factors behind the rally - over 1 year ago
"Nifty valuations are now reasonable and this has prompted FIIs to turn buyers in the last two days. The market is oversold and this can lead to short-covering and a tactical rally in the near-term," said Dr. V K Vijayakumar of Geojit Financial Services.
Economic Times

After losses for 4-straight F&O series, will Dalal Street bulls make a comeback in April? - over 1 year ago
“After 4 back-to-back series of losses, there is some bounceback expected in the market, but we aren’t going to see any runaway rally,” said Rajesh Palviya, vice president - technical and derivative research, Axis Securities.
Economic Times

Bulls in action! Sensex surges 700 points, Nifty above 17,250 - over 1 year ago
From the Sensex pack, HCL Tech, Reliance and Tech Mahindra were the top gainers, rising over 2%. ICICI Bank, Power Grid, Nestle, M&M and Tata Steel also opened with gains.
Economic Times

Sensex gains over 550 points, Nifty above 17,200; RIL 2% - over 1 year ago
Sensex rallies over 550 points, Nifty above 17,200; Nestle gains 3%, RIL 2%; Future Consumer, BEL, Cochin Shipyard are some of the top gainers in monring trade.
Economic Times

Stocks to buy today: 9 short-term trading ideas by experts for 31 March 2023 - over 1 year ago
Since it’s the beginning of the new series, Options data is scattered at various far strikes in the monthly series. On the Options front, the weekly maximum Call OI is at 17000 and then towards 17500 strikes while the maximum Put OI is placed at 17000 and then towards 16800 strikes.
Economic Times

Buy or Sell: Stock ideas by experts for March 31, 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 Page Inds and Chola Investment while Nooresh Merani has a buy/sell recommendation on SBI and Axis Bank for today's trading session. Check out the targets and stoploss.
Economic Times

Adani Group tells stock exchanges to protect investor interest - over 1 year ago
Adani Group has attributed the Tuesday, March 28, 2023 fall in its stocks to 'The Ken' report captioned “The Adani Group wants you to believe it has repaid all its loans against promoters. Here’s why you should not”.
Economic Times

A long trade in tech & tobacco major for a swing trade - over 1 year ago
With Thursday being a holiday, the markets started positively on Wednesday, the expiry day of the monthly derivative series. The Nifty ended the day with a gain of three-fourths of a percent. Meanwhile, some blue-chips are showing signs of a technical pullback
Economic Times

Momentum Pick: Up 36% in 1 year! Dalmia Bharat has another 32% upside - over 1 year ago
Dalmia Bharat is India’s fourth-largest installed cement manufacturing capacity with a legacy of eight decades. The company possesses of 37MT spread across 14 manufacturing plants in 10 states with addressable market spanning in 22 states in east, northeast, and southern India.
Economic Times

Stocks in focus: BEL, Lupin and more - over 1 year ago
Nifty futures on the Singapore Exchange traded 2 points, or 0.01 per cent, higher at 17,261.50, signaling that Dalal Street was headed for muted start on Friday. Here are some stocks which are expected to see some action in trade today.
Economic Times