Stock Radar: Buy AB Capital for a target of Rs 163, says Shivangi Sarda - over 1 year ago
"AB Capital Stock has negated its lower highs formation of the last two months and came out of its consolidative band after taking good support near 143 zones," Shivangi Sarda, Analyst, Derivatives and Technical Research, Motilal Oswal Financial Services Ltd, said.
Economic Times

ETMarkets Trade Talk | Options trading not a lottery ticket, avoid these 5 mistakes: Rahul Prajapati - over 1 year ago
"As an options trader, I believe in adapting my strategies to suit different market conditions. While my focus is on directional trading, I constantly explore and experiment with new strategies, leveraging my technical and derivative expertise to gauge market directionality."
Economic Times

Market Trading Guide: Cipla, Usha Martin among 7 stock recommendations for Monday - over 1 year ago
Equity benchmark indices Sensex and Nifty buckled under selling pressure for the second straight session to settle nearly 1% lower on Friday as concerns over instability of the global banking system lingered. Investors pared exposure to the metal, energy and realty stocks amid a bearish trend in Asian and European markets. Besides, a depreciating rupee against the dollar and fresh foreign fund outflows also hit investor sentiments.Nifty ended below 17,000 levels, with a cut of 132 points or 0.77%. Meanwhile, broader markets tanked even more, with Nifty Midcap 100 ending over 1% lower.“On the hourly charts we can observe that the Nifty is trading in the zone of 16,910 – 16,970 where the crucial Fibonacci retracement levels of the previous rise from 16,828 – 17,207 are placed. This zone shall be the make or break support zone and if the Nifty fails to hold on to this support, it is likely that it has started the next leg of the fall. The daily momentum indicator has a positive crossover, which is a buy signal, and is also supporting our view that the pullback rally is not complete.“Thus considering the above we shall continue to maintain our positive outlook on the Nifty. On the upside, the initial hurdle is placed at 17,180 – 17,210. Beyond this, it has the potential to 17,315 – 17,430,” said Jatin Gedia, Technical Research Analyst, Sharekhan by BNP Paribas.Here are the stock recommendations for Monday:
Economic Times

From Risk to Reward: The do’s and don’ts of investing in stock markets - over 1 year ago
The steadily rising number of Demat accounts across both depositories aptly indicates this trend. The number of active Demat accounts reached a record high of 11 core in January this year. Multiple factors have contributed to this surge, including the ease of access to market information, availability of online brokerages, increase in financial savings and the potential for good returns.
Economic Times

New tax amendments may make conventional debt instruments like FDs, G-Secs attractive - over 1 year ago
According to the amendment to the Finance Bill, income from investments in debt mutual funds where not more than 35% is invested in equity will attract short-term capital gains, while no benefit of indexation for the calculation of long-term capital gains will be available
Economic Times

The optimal number of mutual funds that you should hold in your portfolio - over 1 year ago
While diversification across asset classes is critical, it is also important to diversify within an asset class. As an example, if an investor invests directly in stocks, it is prudent for them to diversify across multiple stocks of different sectors and sizes so as to avoid concentration risk to their entire investment corpus in case certain stocks fail to deliver
Economic Times

Tech Mahindra among 10 stocks that earned upgrades in last 1 month. Check revised target prices - over 1 year ago
Ahead of Q4 earnings, several brokerages have upgraded the target price on stocks. These stocks belong to various sectors such as banking, auto component & equipment, information technology, and more. According to Trendlyne data, as many as four brokers have upgraded the target price on 10 stocks. Here's a list of 10 stocks that earned upgrades in the last month
Economic Times

Why is derivative trading popular but not profitable? - over 1 year ago
The pandemic has led to a surge of social media content promoting options trading as an easy way to supplement income. The increased awareness has attracted many gullible & first-time people to turn traders with surface-level information
Economic Times

Five of top 10-firms lose Rs 86,447 crore in m-cap; Infosys, TCS, SBI hit hard - over 1 year ago
Last week, five out of the top 10 most valued companies lost a total of Rs 86,447.12 crore in market valuation, led by Infosys, Tata Consultancy Services and State Bank of India. Meanwhile, ICICI Bank, Hindustan Unilever Limited, ITC, HDFC and Bharti Airtel posted gains
Economic Times

Looking for long term investing options: PEG ratio is better than PE - over 1 year ago
Because it is easy to calculate and understood by a large majority among the valuation ratios, PE ratio is one of the most overused and misused ratios. But is this the right matrix to look at ? The answer is no, there is a better option.
Economic Times

Volatility may be an opportunity; 4 smallcaps with high ROE & consistent return on capital employed - over 1 year ago
Investing in small cap stocks is one of the toughest challenges for any investor. However, if an investor gets his decision right, the returns on investment on getting (ROI) are high. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from small cap space with high upside potential over the next 12 months, having an average recommendation rating of “Buy” or "Strong Buy" and also meeting some parameters like net margins and return on equity.
Economic Times

FPIs invest Rs 7,200 cr in Indian equities in March so far - over 1 year ago
Foreign portfolio investors have invested INR7,200 crore ($1bn) in Indian equities so far in March, according to depositories. The inflows have been led by the US-based GQG Partners' bulk investment in Adani Group companies. However, FPIs may remain cautious given a risk-off sentiment in global equity markets due to the stress in the US banking system and banking stocks crash, said VK Vijayakumar, chief investment strategist at Geojit Financial Services. FPIs had invested INR11,119 crore in December and sold equities worth INR26,913 crore this year.
Economic Times

Hindustan Zinc, SBI Cards among 8 stocks to trade ex-dividend this week - over 1 year ago
Brand Concepts declared an interim dividend of Rs 0.50 per equity share of the face value of Rs 10. Shares of Brand Concepts declined 2.5% to Rs 213.3 apiece in Friday's trade on BSE. The firm has a market capitalization of Rs 226 crore
Economic Times

Learn with ETMarkets: Understanding price trends - key to successful technical analysis - over 1 year ago
Eager to capitalize on the emerging trend, she started procuring berets from local stores and boutiques and selling them online with the help of small financial aid from her family.As the trend continued to grow, Tara's business continued to thrive, and she hired a team that started producing berets under her label (brand)
Economic Times

Investors who accumulate stocks on dips in H2 will be in a king position: Vinod Nair - over 1 year ago
The rates were steeply increased; Fed hiked by 475 bps in just 12 months, a historic jumbo. The banking sector had to pay the price of the monetary maven.It took a toll on the system; SVB, Silvergate Capital, First Republic, Signature Bank, and Credit Suisse had to be bailed out
Economic Times

Global banking news, F&O expiry, FPI flows among 7 key drivers for D-St this week - over 1 year ago
​The unexpected hike in the securities transaction tax on futures and options and tax amendments in debt funds further turned the sentiment sour.The overall outlook for the market remains weak as investors gradually digest the domestic news while also keeping a tab on developments on the global front
Economic Times

Role of AI & ML: How Technology has adavanced in broking industry - over 1 year ago
The move to cloud infrastructure can help brokers reduce costs, increase flexibility and scalability, and improve security and reliability. However, it is important for brokers to carefully evaluate their cloud provider options and ensure that they are complying with any relevant regulations and industry standards.
Economic Times

D-Street Week Ahead: Nifty must keep its head above 16,850-17,000 zone to avoid weakness - over 1 year ago
The Nifty Financial Services index is inside the weakening quadrant. However, some improvement is seen in its relative momentum. Besides this, Bank Nifty and PSU Bank indices are seen moving inside the weakening quadrant as well. The Nifty Metal, Media, Services Sector, Commodities, and Energy groups are inside the lagging quadrant. These groups are likely to relatively underperform the broader markets.
Economic Times

Warren Buffett's latest insights on investing to help create long-term wealth - over 1 year ago
Buybacks are crucial for shareholders. If done correctly, a buyback minimizes overall equity capital, increasing others' stake in the company. But if the buyback is not done at the right price, it does not become value accretive for the shareholders and benefits only those who exited from the company.
Economic Times

Quantitative investing for wealth creation: 7 stocks with right combination of ROCE, ROE and Net Margin - over 1 year ago
At a time when worrying about what will happen to the global financial markets is the norm, it is better to stay focussed on long term wealth creation and companies which have the right combination to make it. Of all the stocks, which our algorithms come up with, we took companies from four sectors: defence, FMCG, agrochemical and natural resources. 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

Nifty down 10% from highs! Why stop loss is important in a falling market - over 1 year ago
For an investor, a stop loss doesn’t make sense for the most part, because the idea is to hold for a long-time frame, which usually makes up for errors in stock selection or short-term collapse in prices.
Economic Times

Nifty Midcap Select futures contract to be discontinued from Apr 25, options to be available - over 1 year ago
The exchange had introduced futures and options contracts on the Nifty Midcap Select index on January 24, 2022, following approval from market regulator Securities and Exchange Board of India (SEBI).
Economic Times

It’s time to bring long-term investing back into fashion! - over 1 year ago
Historically as well as statistically, it has been observed that long-term investing creates wealth. Warren Buffet, one of the greatest investors of all time, quoted, “Someone’s sitting in the shade today because someone planted a tree a long time ago.”
Economic Times

Weekly Top Picks: 5 stocks with consistent score improvement and upside potential of up to 45% - over 1 year ago
First it was the US banks and then it was the US Fed whose action gave jitters to global markets. However, even before that market has been under the control of bears who have been getting from all directions. Stocks which have seen a constant improvement in their scores even in such volatile times are worth looking at. 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

Beneficiary of declining raw material; packaging sector stocks with an upside potential of more than 30% - over 1 year ago
After the recent spike of January the polymer prices are cooling off once again and stabilizing at lower levels, tailwinds for select packaging companies have gathered momentum.
Economic Times

5 tax-saving mutual funds (ELSS) that gained over 30% in last 3 years - over 1 year ago
Investing in ELSS mutual funds gives you great tax benefits and grows your money. All ELSS funds allow investors to avail tax benefits under Section 80C of the IT Act 1961. According to the ET Mutual Fund screener, 5 ELSS schemes have given 30% return in the last three years.
Economic Times

3 Adani companies top gainers' list in a week when Sensex fell prey to Dalal Street bears - over 1 year ago
Meanwhile, Prudent Corporate Advisory, TD Power Systems, Aarti Drugs, Valiant Organics, TTK Healthcare Ltd, Anupam Rasayan and Krsnaa Diagnostics registered double-digit weekly gains.
Economic Times

Bank chaos tests traders’ nerves and rewards those doing nothing - over 1 year ago
The S&P 500 just capped its second straight up week, and while Treasuries have dealt body blows to short sellers, holding on through the worst volatility in four decades would’ve reaped sizable profits.
Economic Times

Wall St Week Ahead-Strength in megacap stocks masks broader U.S. market woes - over 1 year ago
Investors are bracing for more banking sector volatility next week, after sharp declines in shares of European giants Deutsche Bank and UBS on Friday followed the collapse of Silicon Valley Bank and Signature Bank earlier this month. Upcoming U.S. data on consumer confidence and inflation could also sway markets.
Economic Times

Mind over Money: Traders must build Zen-like mindset to create wealth, says Alok Jain's pro tip for every trade - over 1 year ago
“Traders have to practice to be in a Zen-like mindset where the expectation at the start of a trade is set in such a way that a bad outcome is not beyond what you had expected,” Alok Jain, smallcase manager & Founder, Weekend Investing.
Economic Times

GIFT For P-notes: Key bottleneck removed - over 1 year ago
ODIs such as P-notes are an indirect route of investing in India for foreign funds that do not want to register with local authorities. In a P-note transaction, a bank, broker or custodian allowed to issue these derivatives buys the securities that the investor desires and issues P-notes against them.
Economic Times

Banks could expect more deposits after mutual funds lose indexation benefit - over 1 year ago
On Friday, the Lok Sabha passed the Finance Bill 2023 with some amendments. According to the Bill, mutual funds having less than 35% assets under management in domestic equity will lose the indexation benefit and the returns will be taxed as short-term capital gains according to the tax slab of the individual.
Economic Times

Wall Street ends volatile week higher as Fed officials ease bank fears - over 1 year ago
In separate appearances, three regional Fed bank presidents said that their confidence that the banking system was not facing a liquidity crisis is what led to the decision to implement a 25 basis point policy rate hike on Wednesday.
Economic Times

F&O trade gets costlier; volumes likely to be hit - over 1 year ago
"Increase in STT could impact the volumes in the F&O (futures and options) segment, especially from those high-frequency trades, jobbers, and hedgers who actively trade at a small tick price," said B Gopkumar, MD & CEO of Axis Securities. "Low volumes could likely increase the impact cost."
Economic Times

Adani Total Gas, Adani Transmission to move to long term ASM Stage-1 framework from Monday - over 1 year ago
Indiabulls Enterprises Ltd is another stock that will move from Stage II to Stage I of the long term ASM framework.
Economic Times

Wall Street recovers as Fed officials calm bank fears - over 1 year ago
The Dow Jones Industrial Average rose 0.11%, the S&P 500 gained 0.17% and the Nasdaq Composite dropped 0.18%
Economic Times

BNP Paribas Arbitrage sells Bharti Airtel shares worth Rs 105 crore - over 1 year ago
The shares were sold at an average price of Rs 762.55 per piece, taking the transaction value to Rs 105.41 crore.
Economic Times

Reliance Industries names Srikanth Venkatachari as new CFO - over 1 year ago
"The Board of Directors of the Company, based on the recommendation of the Human Resources, Nomination and Remuneration Committee, at its meeting held on March 24, 2023, has designated Shri Srikanth Venkatachari (Joint Chief Financial Officer of the Company since 2011) as the Chief Financial Officer of the Company with effect from June 1, 2023," the release stated.
Economic Times

Volcker slayed inflation. Bernanke saved the Banks. Can Powell do both? - over 1 year ago
Just a couple of weeks ago, threats to financial stability barely registered on the troubleshooting list for central bankers. Now they’ve rocketed toward the top. Powell and his peers say preventing a re-run of the inflationary 1970s remains priority number one. But the signal is shifting
Economic Times

HAL OFS successful despite tough markets as QIBs, retail investors show high interest - over 1 year ago
The retail portion of the OFS also received an overwhelming response, with the government getting bids for 14,50,924 shares against 11,70,357 shares on offer for the category.
Economic Times

​These 10 FMCG stocks hit a new 52-week low; tumble up to 35% in a month - over 1 year ago
The Sensex benchmark index experienced a decline of approximately 398 points, reaching 57,527 on Friday. As a result of this downturn, 10 stocks within the BSE FMCG index reached their lowest levels in the past 52 weeksThe 52-week low is a technical indicator that reflects the lowest price at which a stock has traded during the past year. Some investors and traders consider this an important factor for assessing a stock's current value and predicting its future price movements
Economic Times

Banking stocks slide as global investors seek safer shores - over 1 year ago
Banking stocks, including those of Deutsche Bank, dropped amidst concerns that regulators and central banks have not tackled the worst shock to the sector since the 2008 global financial crisis. The euro fell against the dollar, and bond yields and the costs of insuring against bank defaults rose despite policymakers' efforts at reassuring investors. While both U.S. and European banks’ stocks declined, Deutsche Bank experienced the most significant drop—losing over 12% of its value. As a consequence of the market turmoil, investors were looking for support from authorities worldwide to ensure a stable banking sector.
Economic Times

Wall St falls; Dow down 0.70% as bank contagion fears flare up - over 1 year ago
U.S. shares of Deutsche Bank fell nearly 10% after the bank's credit default swaps rose to a four-year high
Economic Times

Tough times for scalpers, arbitrageurs & HFT firms as STT hike in F&O will hurt volumes - over 1 year ago
How will this change in taxation impact the derivatives market and who will be affected the most?
Economic Times

6 income tax saving ways for investors to optimise returns in NPS scheme - over 1 year ago
NPS is a voluntary low-cost investment plan designed to enable people to plan for their retirement. One can invest in this scheme through systematic savings during his/her working lifetime. It is also an effective way to save on tax payouts.
Economic Times

US stocks open lower as bank contagion worries rise - over 1 year ago
The Dow Jones Industrial Average fell 67.03 points, or 0.21%. The S&P 500 opened lower by 9.51 points, or 0.24%.
Economic Times

7 stocks to get delisted from exchanges soon. Do you own any? - over 1 year ago
Delisting is a process when the stock of a listed entity is removed from a stock exchange. Consequently, the shares of that company will no longer trade on that stock exchange. Read more about delisting at: https://economictimes.indiatimes.com/definition/delistingHere is a list of 7 stocks that are going to get delisted from exchanges, according to data from Prime Database:
Economic Times

FinMin clarifies on confusion over STT hike following typographical error - over 1 year ago
The finance ministry today clarified that the securities transaction tax (STT) on selling options has been increased to 0.062% from 0.05% and not from 0.017% to 0.021% as mentioned in the latest amendment to Finance Bill 2023 that was passed by the Lok Sabha today.
Economic Times

Zerodha’s new Demat account opening back to March 2020 levels: Nithin Kamath - over 1 year ago
The reason is outside observers usually look at headline numbers of trading volumes and assume that broking is a huge opportunity with a large revenue pool that will grow forever. In reality, it's a cyclical business that tends to revert to the mean, the billionaire startup founder said.
Economic Times

Tech View: Nifty charts hint at downside towards 16,800 levels. What should traders do next week - over 1 year ago
The recent fall has faded hopes of sustained recovery, and we might again end up seeing range-bound moves in the index. Needless to say, the major support is intact at 16,800 in Nifty. We thus reiterate our view to limit positions and maintain positions on both sides.
Economic Times