Weekly Top Picks: 7 stocks with consistent score improvement and upside potential of up to 55% - over 1 year ago
In the last month of high volatility and repeated attacks by bears, while the nifty has corrected, there are still some pockets where stocks have seen an improvement in their analysts' score. 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

Double whammy of heatwave and El Nino to hit agriculture sector - over 1 year ago
However, an abnormal increase in temperatures will impact crops, fruits, vegetables, and animals in states especially in the northern region, as reported in 2022. The Union Health Ministry has issued a warning of heat waves in March to May
Economic Times

Barkin favors Fed acting more deliberately than hikes last year - over 1 year ago
Still, US inflation remains well above the 2% target, with prices measured by the preferred gauge rising 5.4% in the 12 months through January. Barkin noted that employment and consumption remained strong in the first readings this year.
Economic Times

Why Indian stocks are under performing in 2023 - over 1 year ago
Most Global Central Banks in their latest meeting have slowed down the pace of their rate hike, a maximum of 25 bps increase has been witnessed except for a few European countries. India & USA both slowed its repo rate hike to 25 bps from 50 bps in the previous meeting.
Economic Times

Extended market trading hours: Real need of the hour? - over 1 year ago
On one hand, extended trading hours will provide better accessibility to global markets and level the playing field for domestic traders against international traders as a result will increase the scope for more Indian traders to trade more with better opportunities to hedge the risk arising due to the global information flow in a more efficient way.
Economic Times

Fed says more rate hikes are needed to curb inflation - over 1 year ago
The report also listed a variety of monetary policy guidelines, such as one developed by Stanford University’s John Taylor, as showing that rate increases have lagged popular benchmarks for policy. Some Republicans in Congress have cited the rules in questioning the chair.
Economic Times

Barkin Favors Fed Acting More Deliberately Than Hikes Last Year - over 1 year ago
Still, US inflation remains well above the 2% target, with prices measured by the preferred gauge rising 5.4% in the 12 months through January. Barkin noted that employment and consumption remained strong in the first readings this year.
Economic Times

Stock Traders Are Ignoring Blaring Bond Alarms - over 1 year ago
The notion that yields may be peaking also has investors preaching caution when it comes to bonds. While bets have been building in recent weeks that the Fed will ultimately need to raise rates past 5% to stamp out inflation — boosting yields across the Treasury curve — traders are pricing in an end to increases by September.
Economic Times

Wall Street Week Ahead: Defensives may not be safe place to hide as stock market stumbles - over 1 year ago
Fears of a recession induced by the Fed's swift rate-hiking cycle hovered over markets last year, and investors gravitated toward defensive areas, confident of spending on medicine, food and other necessities continuing despite economic turmoil.
Economic Times

23 smallcap stocks offer double-digit weekly gains, surging up to 28% in volatile market week - over 1 year ago
Going forward, Indian equities are likely to take cues from global trends as investors weigh comments around the Federal Reserve policy and interest rate trajectory. Technically, analysts say the index has given a consolidation breakout on the daily chart, suggesting a rise in optimism.
Economic Times

Fed "acutely aware" of trouble inflation is causing: Report - over 1 year ago
The document noted that U.S. financial conditions have tightened since the Fed's last report to Congress in June, and hinted that the impact of monetary policy was intensifying in some corners of the economy.
Economic Times

Fed Says More Rate Hikes Are Needed to Curb Inflation - over 1 year ago
The report also listed a variety of monetary policy guidelines, such as one developed by Stanford University’s John Taylor, as showing that rate increases have lagged popular benchmarks for policy. Some Republicans in Congress have cited the rules in questioning the chair.
Economic Times

Mind over Money: Palka Arora of Mastertrust hands out 3 basic rules for first time traders - over 1 year ago
“My advice to traders would be to avoid following one-way traffic since, for a trader, it’s very important to be active, well-informed, and consistent in the market. They must be able to access all information and news on what is happening in the market as well as in the global sphere,” Palka Arora, Senior Vice President at Mastertrust, said.
Economic Times

Wall Street closes sharply higher, notches weekly gains as Treasury yields ease - over 1 year ago
Economic data released on Friday showed steady demand for services, with purchasing managers' indexes (PMI) from the Institute for Supply Management and S&P Global indicating that activity in the sector continues to expand even as input prices cool.
Economic Times

Wall St Week Ahead-Defensives may not be safe place to hide as stock market stumbles - over 1 year ago
Fears of a recession induced by the Fed's swift rate-hiking cycle hovered over markets last year, and investors gravitated toward defensive areas, confident of spending on medicine, food and other necessities continuing despite economic turmoil.
Economic Times

Telecom spends seeing traction due to 5G rollout: CP Gurnani, Tech Mahindra - over 1 year ago
CP Gurnani, MD & CEO of Tech Mahindra in an interview with ET NOW gave his insights about attrition easing and demand in the tech industry. Gurnani while talking about demand in high-tech and telecom said, “Telecom spending continues to see traction, given the 5G rollout.” “For high-tech to get back to the same heights it would take about two quarters,” he added.
Economic Times

D-St Party: Indices log biggest single-day gain in four months - over 1 year ago
The Sensex came close to 60,000 after a 1,058-point surge. It eventually closed at 59,808.97, up 899.62 points, or 1.53%. The Nifty advanced 272.45 points, or 1.57%, to close at 17,594.35 - above its 200-day moving average (DMA), a key trend indicator, of 17,404.11.
Economic Times

Foxconn to invest up to $1 billion in new Bengaluru plant - over 1 year ago
The government and Foxconn did not reveal projected investment for the facility, but people briefed on the project put it between $500 million and $1 billion. The investment will be spread from 2023 to 2027, during which time the project is expected to be completed, they said.
Economic Times

Adani stocks jump for 4th day in a row - over 1 year ago
The total market value of Adani's 10 listed companies rose by ₹68,300 crore on Friday after gaining ₹1.04 lakh crore in the previous three trading sessions. Gautam Adani's wealth, as shown in the Forbes Billionaires List, rose $5.4 billion on Friday to $43.3 billion, and his ranking jumped from 37 early this week to 26 on Friday.
Economic Times

Indiabulls Housing to cut risk, grow co-lending in new avatar - over 1 year ago
As part of the changes, the company will launch a new brand and name in May this year. It also plans to merge its seven subsidiaries into the housing finance company to ensure a single-minded focus on mortgages for which it will seek court approvals in the first half of next fiscal.
Economic Times

Union Bank puts Rs 410-cr Visa Steel Loan on sale - over 1 year ago
Union Bank of India is following an open bidding process where bidders are invited at above the reserve price, they said. Interested bidders including asset reconstruction companies have until March 8 to submit expression of interest, people cited above said.
Economic Times

SC extends stay on HC order quashing Yes Bank's AT-1 bonds write-off - over 1 year ago
However, the apex court sought response from finance ministry, Reserve Bank of India, Sebi, stock exchanges and others on two separate but identical appeals filed by the banking regulator and Yes Bank against the HC's January 20 order.
Economic Times

Bourses identify 15 brokers as QSBs, monitoring to begin July 1 - over 1 year ago
Anand Rathi Share and Stock Brokers, 5Paisa Capital, Angel One, HDFC Securities, and ICICI Securities are part of the list, which is not indicative of rankings or size.
Economic Times

Tech Mahindra will have reasonable transition period for new leader: CEO Gurnani - over 1 year ago
The CEO of India’s fifth-largest software services firm was addressing analysts during a meet in the city on Friday.
Economic Times

US stocks climb as yields pull back - over 1 year ago
The U.S. 10-year Treasury yield fell on Friday after touching a four-month high in the previous session but stayed above the 4% level.
Economic Times

Morgan Stanley, others now forecast 4% peak for key ECB rate - over 1 year ago
The revisions also come on the heels of remarks by ECB governing council member and Belgian national bank governor Pierre Wunsch on Friday that the ECB could consider raising its key interest rate to as high as 4% if underlying inflation remains persistently high
Economic Times

ICRA revises rating outlook of Adani Ports, Adani Total Gas to 'negative' - over 1 year ago
The outlook revision was mainly due to the deterioration in the Adani Group’s financial flexibility due to sharp decline in share prices
Economic Times

Icra revises rating outlook of Adani Ports, Adani Total Gas to 'negative' - over 1 year ago
The outlook revision was mainly due to the deterioration in the Adani Group’s financial flexibility due to sharp decline in share prices
Economic Times

Back In Profit! Market value of LIC investment in Adani stocks rises to Rs 39,000 crore - over 1 year ago
Earlier in a disclosure to stock exchanges in January-end, LIC had declared that the total purchase value of equity, purchased over the last many years, under all the Adani group companies is Rs 30,127 crore and the market value for the same as at the close of market hours on January 27 was Rs 56,142 crore
Economic Times

6 midcap stocks hit new 52-week lows, but have upside potential up to 51% - over 1 year ago
On Friday, Sensex recorded a gain of approximately 900 points, closing at 59,809. However, despite the market rally, six stocks from the BSE midcap index hit new 52-week lows. The 52-week low is the least price at which a stock has traded during the last year. Some traders and investors use this technical indicator as an important factor to analyse a stock’s current value and to predict its future price movement.
Economic Times

Women continue to lag in financial services roles in India: Study - over 1 year ago
The BRSR framework is a set of sustainability disclosures released by Sebi in 2021 and Indian companies were asked to report topics such as workforce composition, pay, attrition, and other factors, split by gender. The disclosures are voluntary for FY22, and mandatory for the top 1,000 companies from FY23
Economic Times

Back In Profit! Market value of LIC investment in Adani stocks rises to 39,000 crore - over 1 year ago
Earlier in a disclosure to stock exchanges in January-end, LIC had declared that the total purchase value of equity, purchased over the last many years, under all the Adani group companies is Rs 30,127 crore and the market value for the same as at the close of market hours on January 27 was Rs 56,142 crore
Economic Times

Markets' underperformance likely behind! Jefferies overweight on these sectors - over 1 year ago
After relative outperformance last year, equity markets have severely underperformed in comparison with emerging market peers on rising interest rates and high valuations. The $4.5-billion FPI outflows since December last year also worsened the sentiments
Economic Times

Nifty may inch towards lifetime high next qtr, accumulate quality stocks: ICICI Direct - over 1 year ago
For March, the brokerage expects the index to form a strong base in the 17,200-16,800 range and challenge the key hurdle of 17,800, sustainability above which will lead to further acceleration of upward momentum towards 18,300 in the coming month
Economic Times

Explained: Why SEBI blocked Arshad Warsi, wife from stock trading due to 'Pump & Dump' charges - over 1 year ago
The Securities and Exchange Board of India (Sebi) on Thursday barred 45 entities, including actor Arshad Warsi and his wife Maria Goretti, from the securities market in cases related to the manipulation of share prices of two companies by uploading YouTube videos. Here's all you need to know about such 'pump and dump' schemes.
Economic Times

Tech View: Nifty forms green candles on daily, weekly charts. What should traders do next week - over 1 year ago
Nifty is in an attempt of staging an upside breakout of the initial hurdle at 17,600 levels and a move above this area could open the next upside resistance of around 17,800 levels in the near term, chart readers said
Economic Times

Decoding banks' exposure to Adani stock - over 1 year ago
Decoding banks' exposure to Adani stocks, 39-40% of the company's debt of close to Rs 2 lakh cr is from the Indian banking sector from PSUs to private banks, ET Now's Shersh Sayta breaks down Adani Group's debt exposure from the banking sector
Economic Times

Adani's Rs 15,446 cr deal restores belief in group's fundraising abilities: Analysts - over 1 year ago
Analysts maintained promoters can use the money raised through the transaction to infuse capital into any group company requiring the funds through warrants, rights issues, or any other instrument.
Economic Times

Sensex ends 900 pts higher; Nifty above 17,550; Adani Ent rallies 16%, Union Bank 9% HL - over 1 year ago
Sensex resumes upmove after 1-day break, ends 900 pts higher; Nifty above 17,550; Adani Ent rallies 16%, Union Bank 9%
Economic Times

Midcap pharma stock rises over 4% on share buyback plan - over 1 year ago
Natco Pharma has a market cap of Rs 10,367 crore as of March 3, 2023. From its 52-week high of Rs 920, the stock is trading 38% lower at Rs 567 per share.
Economic Times

Sensex ends 900 points higher: Top 6 factors behind the stock rally today - over 1 year ago
Adani Group stocks were among the biggest gainers on Dalal Street on Friday with Nifty stock Adani Enterprises ending 17% higher. 6 out of 10 stocks in the pack ended in 5% upper circuit. All Adani stocks ended in the green zone following a Rs 15,000 crore deal with US-based entity GQG Partners.
Economic Times

March 7 or 8 — when is the stock market holiday for Holi? - over 1 year ago
For now, both BSE and NSE are closed on March 7 on account of Holi. However, a leading stock brokers’ association Anmi (Association of National Exchanges Members of India) has requested the government, Sebi and exchanges to change the holiday to March 8
Economic Times

Sensex zooms over 1,000 points: Top 6 factors behind the stock rally today - over 1 year ago
Buying was seen across sectors and market segments, with PSU banks and Adani stocks leading the upside bounce. FII selling, however, can limit the upside as foreigners have sold Indian stocks worth nearly Rs 38,000 crore so far in the calendar year.
Economic Times

Explainer: What is YouTube pump-and-dump scheme that turned Sebi red-faced - over 1 year ago
As the name suggests, the pump-and-dump scheme involves "pumping up" the share price, that is driving it higher by spreading misleading information through social media channels or various other media
Economic Times

Sensex zooms over 900 points: Top 6 factors behind the stock rally today - over 1 year ago
Buying was seen across sectors and market segments, with PSU banks and Adani stocks leading the upside bounce. FII selling, however, can limit the upside as foreigners have sold Indian stocks worth nearly Rs 38,000 crore so far in the calendar year.
Economic Times

Sensex zooms 900 points: Top 6 factors behind the stock rally today - over 1 year ago
Buying was seen across sectors and market segments, with PSU banks and Adani stocks leading the upside bounce. FII selling, however, can limit the upside as foreigners have sold Indian stocks worth nearly Rs 38,000 crore so far in the calendar year.
Economic Times

PSU bank stocks jump up to 10% on Friday. Here's why - over 1 year ago
Shares of Punjab & Sind Bank were the top gainers in today’s trade as the stock surged over 10% to Rs 29.12 apiece. While, shares of UCO Bank, Bank of India, and Bank of Maharashtra rose over 5%. SBI, Bank of Baroda, Union Bank, and Central Bank of India advanced over 3%.
Economic Times

Buzzing Stock: SBI shares climb 6%. What's cooking? - over 1 year ago
SBI may look to lower its stake in YES Bank after a lock-in period ends on March 13, which was put in place by the central bank as a part of the lender's restructuring, two sources told Reuters.
Economic Times

Sensex zooms over 800 points: Top 6 factors behind the stock rally today - over 1 year ago
Buying was seen across sectors and market segments, with PSU banks and Adani stocks leading the upside bounce. FII selling, however, can limit the upside as foreigners have sold Indian stocks worth nearly Rs 38,000 crore so far in the calendar year.
Economic Times

Real-estate sector; 3 stocks with “strong buy” & 5 with “buy” reco having an upside potential of up to 52% - over 1 year ago
After remaining in dumps for over a decade, real estate stocks made a comeback during covid. Multiple factors brought them back to the centre stage. Increase in demand took care of excess inventory and helped companies both with cash flow and debt position. Once again the flow of savings has shifted toward real estate as an asset class.
Economic Times