Short-term trading ideas for uncertain market: 4 stocks that can rally up to 12% - over 1 year ago
The volatility in equity markets is likely to continue in the holiday-shortened week as investors weigh comments around Fed policy and take cues from global trends. If you are looking for short term trading ideas to ride out uncertainty in the markets, here are four technical picks from analysts.
Economic Times

Buy or Sell: Stock ideas by experts for March 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 PB Fintech and Cipla while Nooresh Merani has a buy/sell recommendation on United Spirits and Tata Power for today's trading session. Check out the targets and stoploss.
Economic Times

38 stocks turn multibaggers since last Holi; at least 32 double investor wealth - over 1 year ago
Shares of Mazagon Dock Shipbuilders, a public sector defence company, have surged about 187% since the last Holi. Other notable names, where investors have enjoyed bumper returns include, Ujjivan Financial Services (145%), Varun Beverages (115%), Kirloskar Ferrous Industries (101%), among others.
Economic Times

Commodity traders saw $100 billion year as market boomed, says report - over 1 year ago
Industry revenue has roughly tripled from the $36 billion in 2018, according to the report. Gross margins from independent trading houses far outstripped others in the sector. For the first time, the consultancy’s analysis split out hedge fund numbers into their own section, having merged them with others beforehand.
Economic Times

Stock Market’s Fate Comes Down to the Next 13 Trading Sessions - over 1 year ago
Investors are anxious about most of this. Forward implied volatility is back in the low 30s for the consumer-price-index day and nearing 40 for Fed rate-decision day later, meaning traders are betting on some big swings, data compiled by Citigroup show. However, a forward implied volatility reading of 26 on jobs data day indicates the market is underpricing that risk, according to Stuart Kaiser, Citigroup’s head of US equity trading strategy.
Economic Times

How the Federal Reserve Became Too Big to Fail: Allison Schrager - over 1 year ago
My book is about the Fed’s evolution in the 21st Century, and how it’s become vastly more powerful and vastly more transparent simultaneously. And I think the reason that’s important is because the Federal Reserve matters, not just to markets, but also to democracy.
Economic Times

World’s riskiest markets stumble into crisis with dollars scarce - over 1 year ago
In some of the world’s most vulnerable developing nations, the situations on the ground are dire. Shortages of dollars are crimping access to everything from raw materials to medicine. Meanwhile governments are struggling with their debts as they chase rescue packages from the International Monetary Fund.
Economic Times

Asia stocks rally, bonds tense for U.S. rate tests - over 1 year ago
S&P 500 futures dipped 0.1% and Nasdaq futures 0.2%, after rallying on Friday as bond yields eased back a little. Yields on 10-year Treasuries stood at 3.970%, after last week's spike to 4.09% proved tempting enough to attract buyers. Markets have become resigned to more rate rises from the Federal Reserve but are hoping it will stick with quarter-point moves rather than switch back to half-point hikes.
Economic Times

SGX Nifty up 65 points; here's what changed for market while you were sleeping - over 1 year ago
Investors will also keep a close track on the IIP data scheduled to be released on March 10 and the performance of global markets especially in the US.
Economic Times

Stocks in news: LIC, Dish TV, Adani Ports, Adani Total Gas, Tech Mahindra - over 1 year ago
Shareholders of Dish TV India rejected appointments of four candidates as non-executive independent directors on the company board, reducing the strength to just directors.
Economic Times

RBI keeping close watch on top 20 conglomerates - over 1 year ago
The RBI, also the banking sector regulator, is closely monitoring profitability and other financial performance measures of these conglomerates and their companies besides parameters such as the quantum of debt raised from other sources like external commercial borrowings or bonds for any signs of stress.
Economic Times

ECB president Christine Lagarde says 0.5% rate hike very likely - over 1 year ago
"It is very likely that we will raise interest rates by 50 basis points," Lagarde told El Correo when asked what would happen later this month. "This was a decision that was indicated at our last monetary policy meeting and all the numbers we have been seeing in recent days are confirming that this interest rate hike is very, very likely."
Economic Times

Nifty could rally towards 17,850: Analysts - over 1 year ago
​The Nifty supported a falling trend line extension near 17,300. After that, we witnessed a rally towards 17,600. For the time being, any fall towards 17,300 or lower levels can be used as buying opportunity. On the upside, 17,800 might be the initial hurdle, but 18,200 would be the trend decider after that. Only a move above that would confirm a bottom at the recent low.
Economic Times

Ceat, Jindal Power, Private Equity Funds among companies in race for Birla Tyres - over 1 year ago
The National Company Law Tribunal admitted the company under the corporate insolvency resolution process (CIRP) in May 2022 on a petition by chemicals maker SRF after it defaulted on dues of ₹15 crore.
Economic Times

Foreign funds bullish on capex theme, also buy into IT, healthcare - over 1 year ago
About 80% of the foreign portfolio investor (FPI) inflows into Indian equities in February 2023 went into capital goods, services, information technology, and healthcare.
Economic Times

Local fund buying shields D-St from pressure of overseas funds' selloff - over 1 year ago
The gross purchase of domestic funds amounted to ₹1.01 lakh crore and the gross buy-to-sell ratio - a measure of underlying investment momentum - stood at 1.14, compared with a long-term average of 1.07, showed data from the Securities and Exchange Board of India.
Economic Times

Mary Daly says more Fed rate hikes likely - over 1 year ago
"It's clear there is more work to do," Daly said in a speech Saturday at Princeton University in New Jersey. "In order to put this episode of high inflation behind us, further policy tightening, maintained for a longer time, will likely be necessary."
Economic Times

PMS companies told to share anti-money laundering policies - over 1 year ago
Besides senior professionals figuring in the high net worth individual (HNI) investor club, several Bollywood actors, cricketers, as well as high-level government functionaries put a slice of their wealth with PMS firms.
Economic Times

Stock Radar: 30% fall from highs! Attractive valuation makes Tech Mahindra an attractive long-term buy - over 1 year ago
After the recent correction in the stock, the valuations are more compelling compared to peers, suggest experts. Long-term investors can deploy money at current levels for a target closer to Rs 1200-1240, they said.
Economic Times

Stock Radar: Buy Tech Mahindra for a target of Rs 1200-1240 in 12 months, says Shrikant Chouhan - over 1 year ago
"Tech Mahindra stock price has formed a huge base formation between 980 and 1000 levels. Recently, the stock absorbed the selling pressure of the supply line at 1080, which means the stock is getting ready for the trending upmove from current levels," Shrikant Chouhan, Head of Equity Research (Retail) at Kotak Securities, said.
Economic Times

GQG Partners bets on Adani Group: Rajiv Jain shares insights | Full interview - over 1 year ago
Rajiv Jain of GQG Partners, in an exclusive interview with ET Now, says cheap valuations, mid-teens growth expectation, earnings predictability, less risk, and no meaningful substance in the short seller reports led him to buy a stake in four out of the 10 listed Adani Group companies.
Economic Times

What is the central story emerging from earnings season? - over 1 year ago
In a way, it reflects the grim reality of the K-shaped recovery India is facing now. As the theory goes, whenever people are tight on money, they don’t replace their underwear. Signals from underwear can only be ignored at one’s peril
Economic Times

Market Trading Guide: SBI Life Insurance among 5 stock recommendations for Monday - over 1 year ago
Indian shares logged weekly gains on Friday after US boutique investment firm GQG Partners' $1.87 billion investment in Adani stocks spurred a broad-based rally and helped markets look past rate-hike worries for the moment. The Nifty50 index rose 1.57% to 17,594.35, while the S&P BSE Sensex closed 1.53% higher at 59,808.97. Both benchmarks posted their best day since November 11. Adani Enterprises, Adani Ports, SBI, Bharti Airtel, and SBI Life were the top Nifty gainers, while laggards from the pack included Tech Mahindra, UltraTech, Cipla, and Asian Paints.“On the daily charts, we can observe that the Nifty is in a pullback mode and currently retraced 38.2% of the fall from 18,134 to 17,255. We believe that there is more steam left to this pullback rally, and hence it can extend higher till 17,700, where resistance in the form of the 50% Fibonacci retracement level (17695) and the 20-day moving average (17703) is placed. Considering the sharp upmove in today’s trading session, consolidation cannot be ruled out. Overall, we expect the Nifty to trade in the range of 17700 – 17200 from a short-term perspective,” Jatin Gedia, Technical Research Analyst, Sharekhan by BNP Paribas, said.Here are stock recommendations for Monday
Economic Times

Why GQG Partners made investments in Adani Group? Rajiv Jain explains - over 1 year ago
Rajiv Jain of GQG Partners, in an exclusive interview with ET Now, says cheap valuations, mid-teens growth expectation, earnings predictability, less risk, and no meaningful substance in the short seller reports led him to buy a stake in four out of the 10 listed Adani Group companies.
Economic Times

Global stocks in new phase, needs more risk-taking capacity - over 1 year ago
On 24th February 2023, the United States Commerce Department released the inflation data, which reported the Personal Consumption Expenditure (PCE) for Jan 2023 rising to 5.4% from the year earlier, which stood higher than expectations.
Economic Times

LIC more confident of Adani Group business after meeting top management: Report - over 1 year ago
LIC's total equity investment value in Adani Group is Rs 30,127 crore, less than 1% of its total book value as per the disclosures made to the exchanges. The investments were at once on the edge of a notional loss following a steep correction in share prices of Adani group companies.
Economic Times

G20 Tailwinds! These 5 stocks from hospitality space can rally up to 36% - over 1 year ago
Hotels and airlines are the ones which see a busy season normally in the third quarter. Both holiday travel and leisure travel are at their peak during this period. However if one goes by how airline fares have shot up even for summer months of 2023 and hotel rates which have gone up, thanks to G-20 meeting and related events, both sectors could throw a surprise.
Economic Times

Nifty F&O Strategy: Pullback towards 17,450 level a buying opportunity - over 1 year ago
- Broader markets recovered swiftly in the last session, and the Nifty closed the week tad below 17600 levels gaining almost 300 points in a single session. BFSI was the major driver of the move while the pharma and technology space remained laggard. At the same time, broader markets have outperformed
Economic Times

Equitas SFB, Symphony among 10 BSE500 stocks that hit fresh 52-week highs last week - over 1 year ago
Equity markets were volatile last week as investors weighed comments around Fed policy and the interest rate trajectory. Despite the volatility, 10 BSE 500 stocks have surged up to 13% to retest their fresh 52-week highs, according to data sourced from Ace Equity.
Economic Times

High ROE and wealth creation: 7 largecap stocks ideas - over 1 year ago
Every industry has different operating conditions which have high correlation with the kind of ROE companies in the industry generate. The bigger question is how sustainable that number is. Of all the stocks, which our algorithms come up with, we took companies from three sectors, defence, Indian FMCG and software services. 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

Transparency & transferability seen as tipping points for growth in AIFs - over 1 year ago
In direct plans, investors bear a lower expense ratio as they entail no distribution/ placement fee. However, it should be noted that investing via direct plans makes sense when you have adequate knowledge and capability to select and invest in funds suited to your needs. Hence, the co-existence of both regular and direct plans works out well
Economic Times

M-cap of five of top 10 valued firms climbs Rs 88,605 cr; State Bank, ICICI Bank top gainers - over 1 year ago
The market capitalisation (mcap) of ICICI Bank rallied Rs 20,360.13 crore to Rs 6,06,514.71 crore.HDFC Bank's valuation climbed Rs 15,236.59 crore to Rs 9,01,307.58 crore and that of HDFC advanced Rs 13,051.48 crore to Rs 4,84,417.42 crore.The mcap of Bharti Airtel rose by Rs 4,124.47 crore to Rs 4,26,158.52 crore
Economic Times

Despite 43% rally in a week, this multibagger realty stock has more steam left. Time to buy? - over 1 year ago
Analysts say resilient home buying demand in Mumbai and likely out-of-interest rates should benefit Macrotech Developers. The optimism on housing demand comes with an increase in wages and employment opportunities and the return-to-work scenario in Mumbai
Economic Times

ITC, Titan among top picks from 7 sectors: ICICI Direct - over 1 year ago
Indian equity indices declined for the third consecutive month in February amid weak global cues and persistent selling by FIIs. However, domestic brokerage firm ICICI Direct is bullish on specific sectors and listed its top buy ideas in this market. ICICI Direct's top picks include HDFC Bank, Tata Motors, TCS and ITC. Have a lookHere is a list of top picks from 7 sectors from ICICI Direct:
Economic Times

Not just tax saving: ELSS scheme based on their consistency of performance, downside protection & risk-adjusted returns - over 1 year ago
ELSS schemes performing exceedingly well in short-term and poorly in long-term will not justify its selection. The consistency of performance should therefore be the most important attribute for selecting a scheme.
Economic Times

Adani stock skyrockets 57% in 4 days; group market value up Rs 1.7 lakh crore - over 1 year ago
Adani's flagship entity Adani Enterprises led the rally with a massive jump of 57.5% in just four trading days. The Nifty stock ended 17% higher on Friday at Rs 1,879.35 on BSE.All the other 9 stocks too rallied in the last 4 days, which turned out to be the best phase for the Ahmedabad-based tycoon since the release of the Hindenburg report in late January
Economic Times

Fed Chair’s testimony, FII flows among 10 factors to determine market movement this week - over 1 year ago
"The outperformance of the banking and financials is certainly encouraging; however, participation of other sectors like IT, auto, and energy is equally important to strengthen the recovery. Meanwhile, we recommend continuing with a stock-specific trading approach amid mixed cues, with a focus on overnight risk management," he added
Economic Times

Most PSU banks offer decent upside in the range of 20-25% from current levels: Neeraj Dewan - over 1 year ago
"Going forward investors need to understand which Adani companies valuation-wise make sense to hold or which to buy at the current levels," says Neeraj Dewan, Quantum Securities
Economic Times

Dalal Street Week Ahead: Any spike in VIX will adversely impact the market - over 1 year ago
Even if there is no major decline, it is capable of injecting markets with some spikes in the near term. It is strongly recommended that one needs to keep leveraged exposure at very modest levels and stay invested in the low beta stocks and with the ones that have improving relative strength. A cautious approach is advised for the coming truncated week.
Economic Times

Adani stocks: NRI investor Rajiv Jain makes Rs 3,100 crore profit in 2 days - over 1 year ago
While describing the airport, port and energy assets owned by the Adani companies as “fantastic,” “irreplaceable” and available at a good price, he told The Australian Financial Review that his team had been following Adani companies closely for five years but the valuations were in no man's territory.
Economic Times

Learn with ETMarkets: 10 factors to keep in mind to help create a stable value portfolio - over 1 year ago
One should have detailed research on an individual company like understanding the business model, the moat of the business, management quality, and corporate governance as well as channel check on a continuous basis to understand the growth prospects of a company.
Economic Times

Dish TV shareholders reject appointment of 4 candidates as independent directors - over 1 year ago
The board now has only Shankar Aggarwal and Rashmi Aggarwal as independent directors against a minimum requirement of 6 on the board prescribed under the Sebi rules.
Economic Times

Liquid ETFs: Why are they relevant today? - over 1 year ago
My friend has been one of the many who have recently started investing in stocks, joining the bandwagon of new investors after the advent of many of these tech-enabled online brokers.
Economic Times

2 top stock recommendations from Nagaraj Shetti for next week - over 1 year ago
"My first stock pick is RHI Magnesita India. If you look at the chart on the weekly front, after the recent downward correction during the last month, this stock has made a bottom reversal around Rs 600 levels this week and moved up significantly," says Nagaraj Shetti, HDFC Securities
Economic Times

Midcaps with long term perspective; 9 stocks with high ROE & net profit margin - over 1 year ago
Many investors, especially the ones sitting on cash are confused about what they should do with their existing stocks – buy the dip or not. For all those investors confused about whether to buy and what to buy, ET screener powered by Refinitiv’s Stock Report Plus lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".
Economic Times

Michael Molinski's rules for global investing which can help investors amass solid returns - over 1 year ago
Eminent financial expert, Michael Molinski says investors should look for long-term trends that are shaping the economies and markets as these can make a difference to their investment portfolio.
Economic Times

These ten stocks can rally up to 60% in 2023 - over 1 year ago
Brokerage firm Axis Securities believes that the Indian economy stands in a sweet spot of growth and remains the land of stability against the backdrop of a volatile global economy. It also believes the current setup is a 'Buy on Dips' market. Here's a list of 10 stocks that can rally up to 60% in 2023, according to Axis Securities
Economic Times

3 sectors Ajay Bagga is bullish on for next week - over 1 year ago
The situation is quite grim globally. The US Federal Reserve is expected to hike rates at least 3 more times, in March, May and June. Also, there can be another rate hike in July. The imminent risk for the market currently is March 22 when the Fed will release its next policy and the dot plot shall come again.
Economic Times

Social stock exchange to boost investability of social impact projects - over 1 year ago
This will accelerate development and create the desired impact at the bottom of the pyramid. SSE will pave the way for building values through social development and enhanced SDG preparedness.
Economic Times

PEG over PE: When looking for possible wealth creators - over 1 year ago
Right from investor presentations to research reports, the price earning (P/E) ratio is one of the most overused and misused ratios in the valuation matrix. It is used by all and sundry to justify their valuations and create mirage of value. But is this the right matrix to look at ? The answer is no, there is a better option.
Economic Times