SVB debacle sparks rush to defensive options on fears of contagion - over 1 year ago
"Investors have re-rated banks on a sectoral basis, initiated a huge flight into the safety of short-term (Treasury) notes, and options pricing reflects those fears," said Steve Sosnick, chief strategist at Interactive Brokers.
Economic Times

John Mulvey's investment tips to enhance portfolio returns - over 1 year ago
Professor John Mulvey says market conditions pose new challenges for investors every day as traditional asset and liability models are struggling to meet investors’ needs due to poor performance of markets from time to time. He says it is evident that investors want to move their portfolio allocation to alternative assets due to which illiquidity issues and rebalancing difficulty are on the rise."We propose some new tactics of commodity futures to enhance the performance of portfolio return as well as solving illiquidity issues. Hidden Markov Model and multistage stochastic optimization are used to systematically optimize portfolio over a set of assets," he wrote in his book, "Optimal Financial Decision Making under Uncertainty."
Economic Times

Target Maturity Funds: A better alternative to Fixed Deposits - over 1 year ago
According to an RBI analysis on households' financial asset holdings, 53% are held in bank deposits.
Economic Times

Scrambling for last-minute income tax saving options? Here are 5 ways to do it - over 1 year ago
Small Saving Schemes serve the dual purpose of saving tax and making decent income for those who have a low appetite for risk
Economic Times

Mind Over Money: What do you think about risk? The psychology of investment choices - over 1 year ago
Equities can be less risky, but to ensure that the investment has to be carefully researched with proper due diligence made
Economic Times

Sensex frowned upon bear party, but 36 smallcaps went on joyride last week - over 1 year ago
In the smallcap segment, 36 stocks gave double-digit weekly returns. These include popular names such as Olectra Greentech, Kirloskar Oil Engines, Mangalore Chemicals, SeQuent Scientific, Jindal Saw, Usha Martin, Titagarh Wagons, Dishman Carbogen, Jindal Stainless, and South Indian Bank.
Economic Times

What is an SIP? How to Invest in Mutual Funds via SIP? - over 1 year ago
Investment has been an essential tool to prepare oneself for potential emergencies, inflation, and other external circumstances. If you make smart investment choices, your money may increase in value and outpace inflation. For this to happen, an investor must use the potential of compounding and trade-off between risk and return. SIP is an investment option in which an investor's money is invested in a mutual fund over time at predetermined intervals (such as months or quarters). This method can help you build wealth via regular investment by providing compounding results regardless of the size of the investment amount.... Watch the full video for more on this.Data inputs: Nitin Shahi, Executive Director, Findoc
Economic Times

Regulators to dispose of SVB's assets to protect depositors - over 1 year ago
The main office and all branches of Silicon Valley Bank will reopen on March 13 and all insured depositors will have full access to their insured deposits no later than Monday morning.
Economic Times

SVB depositors, investors tried to pull $42 billion Thursday - over 1 year ago
​The bank had a negative cash balance of $958 million at the close of business on March 9
Economic Times

ICICI Bank gets time till Sept 2024 to pare stake in ICICI Lombard - over 1 year ago
The bank now has time until September 2024 to reduce stake. ICICI Bank announced on Friday that it has received approval from the RBI in a letter dated March 10, 2023 extending the deadline. Initially, the bank was required to divest its stake in ICICI Lombard General Insurance by September 2023 to 30% from 48.02%, in accordance with RBI regulations.
Economic Times

Who is Greg Becker, the head of failed Silicon Valley Bank? - over 1 year ago
Silicon Valley Bank's website calls Becker a "champion of the innovation economy." In a video for the BBC in December, Becker said his best career advice was for job seekers to build a skill-set around the innovation economy in fields like computer programming and project management.
Economic Times

SVB's demise a sign of worry, but limited contagion risk: analysts - over 1 year ago
Following the 2008 demise of Lehman Brothers and the ensuing financial meltdown, US regulators required major banks to hold additional capital in case of trouble. US and European authorities also organize regular "stress tests" designed to uncover vulnerabilities at the largest banks.
Economic Times

Inflows into equity funds rise as retail investors buy on dips - over 1 year ago
The fixed income segment saw outflows of ₹13,815 crore, led by liquid and ultra-short-term funds, which saw redemptions of ₹11,304 crore and ₹2,429 crore, respectively, with many investors preferring to lock into bank deposits, where rates have moved up sharply and there is visibility of returns.
Economic Times

SVB chief sold $3.6 million in stock days before bank’s failure; removed from San Francisco Fed’s Board - over 1 year ago
He sold 12,451 shares on February 27. It is the first time in more than a year that Becker had sold shares in parent company SVB Financial Group, state regulatory filings
Economic Times

Silicon Valley Bank is largest failure since 2008 crisis, billions stranded - over 1 year ago
The main office and all branches of Silicon Valley Bank will reopen on March 13 and all insured depositors will have full access to their insured deposits no later than Monday morning, the FDIC said.
Economic Times

New threshold limit a challenge to many FPIs - over 1 year ago
The lower threshold can be a challenge for ultimate beneficiaries as lowering ownership below 10% in a fund could mean losing control over the entity. Bankers think investors who want to hide their identities may add a few more layers to dilute the eventual ownership below 10%.
Economic Times

A bank failure jolts markets, sending stocks down sharply - over 1 year ago
The KBW bank index, which tracks the stocks of 24 major banks, was also lower and, after falling each day of the week, ended with a loss of more than 15%. The largest Wall Street banks held up better Friday, with the concern focused on a handful of smaller institutions.
Economic Times

Wall Street falls as bank rout offsets easing rate hike jitters - over 1 year ago
The non-farm payrolls report showed the U.S. economy added jobs last month, when average hourly earnings rose 0.2% after gaining 0.3% in January, while the unemployment rate rose to 3.6%.
Economic Times

Banking regulators close SVB, move quickly to avert crisis - over 1 year ago
Federal Deposit Insurance Corporation was appointed as receiver
Economic Times

SVB rivals field calls from startups seeking new home for funds - over 1 year ago
According to sources, JPMorgan has received dozens of client calls seeking to switch from SVB to the company. But, news is not all good for potential beneficiaries
Economic Times

These 7 midcap stocks slip to a new 52-week low; do you own any? - over 1 year ago
On Friday, the Sensex benchmark index closed with a decline of approximately 671 points at 59,135. As a result of this market downturn, 7 stocks belonging to the BSE midcap index experienced a drop in their trading value to reach their new 52-week lows. This metric is significant for certain traders and investors who utilize it as a technical indicator to evaluate a stock's present worth and forecast its future price trajectory.
Economic Times

NSE moves 2 more Adani stocks to stage-II long-term surveillance frame - over 1 year ago
During instances of high volatility in stocks, exchanges move them to short-term or long-term additional surveillance framework to safeguard investors from speculative trades.
Economic Times

Illiquid stock option: 10,980 entities avail Sebi's fresh settlement scheme - over 1 year ago
The Securities and Exchange Board of India (Sebi) announced on Friday that 10,980 entities had settled cases pertaining to alleged manipulation of illiquid stock options. The scheme was initially kept open for a period of three months from August 22 to November 21 and it was later extended till January 21, 2023, considering the interest of a large number of entities to avail the scheme. Sebi noted several instances of trades by a set of entities trading in the options segment of certain stocks listed on
Economic Times

Fed seen on shallower rate path after jobs report - over 1 year ago
Fed funds futures pointed to a quarter-point rate hike as the most likely outcome of the central bank's meeting this month after the Labor Department report, from a better-than-even chance of a bigger half-point rate hike seen earlier. Traders also pared expectations for the Fed to ultimately raise rates any higher than 5.5%
Economic Times

SVB in talks to sell itself; shares halted after tumbling 66% in premarket trading - over 1 year ago
The crisis erupted earlier this week when the bank launched a share sale to strengthen its balance sheet
Economic Times

US stocks open lower as bank shares drop - over 1 year ago
The Dow Jones Industrial Average dropped 69.72 points to open at 32,185.14
Economic Times

Banks sucked into global rout as SVB crisis spooks investors - over 1 year ago
The brutal rout in the lender's stock spilled over into other U.S. and European banks as the episode spread concern about hidden risks in the sector and its vulnerability to the rising cost of money.The S&P 500 banks index dropped 6.6% on Thursday and was set to open lower again on Friday
Economic Times

Adani family looks to sell 4.5% in Ambuja Cements to raise funds - over 1 year ago
Secondary sale of shares could happen as early as Monday; at CMP stake worth Rs 3380 cr
Economic Times

Skyrocketing Success! Sanjiv Mehta’s sown seeds make HUL grow like a Banyan Tree - over 1 year ago
HUL’s annual turnover and profits have more than doubled since 2013 under Mehta’s stewardship
Economic Times

Equity mutual funds inflows hit 9-month high at Rs 15,685 crore in Feb - over 1 year ago
Equity mutual funds attracted Rs 15,685 crore in February, making it the highest net infusion in nine months. This is higher than Rs 12,546 crore inflow seen in January and Rs 7,303 crore reported in December. February also saw the 24th straight month of inflows into equity-oriented mutual fund schemes, data with the Association of Mutual Funds in India (Amfi) showed on Friday
Economic Times

SVB Financial shares slide again on concerns over balance sheet - over 1 year ago
SVB claimed its deposits were dropping faster than expected owing to increased spending by clients, mainly technology and healthcare startups
Economic Times

Tech View: Nifty forms hammer pattern on daily charts. What should traders do next week - over 1 year ago
Options data suggests a broader trading range between 17,000 to 17,800 zones, while an immediate trading range in between 17,200 to 17,600 zones.
Economic Times

Sensex plunges 671 pts; Nifty below 17,450; TaMo rises 4%, HDFC Bank falls 3% - over 1 year ago
Closing Bell: Sensex plunges for 2nd straight session, ends 671 pts lower; Nifty below 17,450; TaMo rises 4%, HDFC Bank falls 3%.
Economic Times

Explainer: What is the Silicon Valley Bank crisis all about? Does D-Street need to worry - over 1 year ago
Bear rampage saw the stock nosedive 60% in trade on Thursday and wiped out over $80 billion of its market value.Not only the shares, but even the bond prices of the group collapsed and created a panic in the market.
Economic Times

HAL announces 200% interim dividend, fixes record date - over 1 year ago
The board has declared an equity dividend of Rs 30 per share in the past 12 months, resulting in a yield of 1.05%. Shares of the company are traded 0.48% lower at Rs 2,848 apiece on NSE
Economic Times

Worried about D-St volatility? M-cap of top 100 stocks set to rise 17%; ICICI Bank, RIL to contribute lion’s share - over 1 year ago
The consensus report projected top-15 stocks to be contributing 68% to the potential target price upsides of the Top-100 set while the remaining 32% to be contributed by next 85 stocks.
Economic Times

Bet on tariff hikes! Jefferies upgrades Airtel to 'buy', sees 16% upside potential - over 1 year ago
Bharti Airtel is expected to benefit from an improving tariff outlook and a probable duopoly in the telecom sector. The company has seen significant market share improvement among its 4G user base and the share gains are likely to accelerate in 5G rollout. Jefferies has upgraded Bharti Airtel to "buy" with an upside potential of 16% from the current levels on expectations that hikes in voice tariffs and improving tariff outlook should aid the telco.
Economic Times

Moody's downgrades Vedanta's ratings over likelyhood of 'payment default' - over 1 year ago
​"Ongoing delays in Vedanta Resources' refinancing efforts and its continued reliance on dividend receipts are depleting liquidity at its operating subsidiaries," Moody's said.
Economic Times

20% of Titan's fair value at risk, says ICICI Securities: Here's why - over 1 year ago
"Gold price premium charged by Tanishq in top 9 cities has reduced by about 50% (to 1-3%) due to the rise in competitive intensity from national and local jewellery retailers. We estimate about 20% of Titan's fair value in DCF is contributed by gold price premium, which is at risk now," ICICI Securities said.
Economic Times

Moody's downgrades Vedanta's rating over likelyhood of 'payment default' - over 1 year ago
​"Ongoing delays in Vedanta Resources' refinancing efforts and its continued reliance on dividend receipts are depleting liquidity at its operating subsidiaries," Moody's said.
Economic Times

Nikkei drops most in 3 mths as BOJ decision drags bank shares - over 1 year ago
The Nikkei stock market in Japan fell 1.67% on Friday, after the central bank's decision to maintain stimulus settings hurt their profit outlook. The decline was broad-based, with every sector of the index declining. Financials were the worst hit, with a 4.4% plunge.
Economic Times

Credit Suisse shares hit new all-time low as banks hit by U.S. fallout - over 1 year ago
The embattled bank's stock fell to 2.463 Swiss francs on the Swiss Market Index amid the sell-off.
Economic Times

Moody's downgrades Vedanta Resources' CFR to Caa1 - over 1 year ago
​"Ongoing delays in Vedanta Resources' refinancing efforts and its continued reliance on dividend receipts are depleting liquidity at its operating subsidiaries," Moody's said.
Economic Times

European shares tumble as banks, Fed uncertainty weigh - over 1 year ago
The European banking index hit a six-week low after U.S. tech-industry lender SVB Financial Group launched a share sale to shore up its balance sheet due to declining deposits from startups struggling for funding
Economic Times

ITC earnings shining like a beacon, stock can hit Rs 450: Motilal Oswal - over 1 year ago
At a time when uncertainty looms over the industry, led by high inflation, unpredictable monsoons, continued weak rural sales, and delay in commodity costs decline, ITC’s earnings performance in the last couple of years and FY24 shines like a beacon, said Motilal Oswal.
Economic Times

"Accident" waiting to happen somewhere, says Uday Kotak on SVB crisis - over 1 year ago
"This impacted sentiments, and banking stocks took a beating on concerns that rising interest rates might trigger loan repayment defaults. This is a US-specific issue and will not have an impact on Indian banking stocks. But the sentiment impact can be negative," he cautioned.
Economic Times

Smallcaps which were able to keep their head above water. 4 stocks with “Strong Buy” & “Buy” reco & upside potential of up to 40% - over 1 year ago
These small cap companies have shown an improvement in their SR score at a time when markets have been overwhelmed by news and other developments. 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 of “buy” or "strong buy".
Economic Times

Multibagger smallcap jumps 9% after arm leases out vessels to Turkey govt's company - over 1 year ago
Rishi Chopra, spokesperson of Swan Energy, said the agreement will enhance the rental earning capabilities of the vessel, and therefore the net revenue from the rental will strengthen our profitability position.
Economic Times

6 stocks from textile sector with an upside potential upto 47%: Analysts - over 1 year ago
Some of the initial outperformers in the stock market rally which started after covid outbreak, were from the textile sector. With a number of companies getting benefits under the PLI scheme, interest on the street in this sector is still high. This list is drawn from Stock Reports Plus, powered by Refinitiv, with over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum.
Economic Times

Adani Enterprises stock down 11% in 2 days. What's troubling investors? - over 1 year ago
In the meantime, shares of Adani Total Gas, Adani Transmission, and Adani Green Energy were locked in 5% upper circuit limits. Those trading with a negative bias include NDTV, Adani Wilmar, and Ambuja Cements.
Economic Times