Chakri Lokapriya on 3 factors responsible for market's underperformance - over 1 year ago
​Consumer, as you mentioned, for instance, companies like Voltas have corrected fairly significantly in the past and now with the hot summer with valuations on their side and also the company trying to take back market share in some segments like the RAC I think it is time to look at companies like that.
Economic Times

Buzzing Stock: Zee Entertainment climbs 8% as NSE issues fresh F&O contracts - over 1 year ago
NSE said on Monday circular dated February 23 regarding the exclusion of F&O contracts on Zee stands withdrawn. "In addition to existing contracts with expiry months of March 2023 and April 2023, the futures and options contracts with May 2023 expiry shall also be made available for trading from February 28, 2023," it added.
Economic Times

MSCI rejig: CG Power, Bank of Baroda to be in, Biocon out of list - over 1 year ago
MSCI rejig: CG Power and Bank of Baroda are set to be added in the index. But which stocks were deleted? ET NOW's Soumeet Sarkar brings us the full list.
Economic Times

A long trade on a defence stock for next three to four sessions and sideways option for an entertainment major - over 1 year ago
Its price has been moving in a range of Rs 2,800 -Rs 2,300 for the past five months. The price has been rising gradually from the low of this range and has now formed a higher low, which also happens to be a bullish engulfing candlestick pattern. This suggests it can now resume its up-move. The engulfing coincides with 50% retracement support of the previous up-move.
Economic Times

Adani plans to repay up to $790 mln share-backed loans by March: Sources - over 1 year ago
Adani Green Energy also plans to refinance its 2024 bonds via a $800 million, three-year credit line, said the sources, who declined to be named as they were not authorised to speak to the media.
Economic Times

Sensex, Nifty flat; Adani Ent sheds 5% - over 1 year ago
Sensex, Nifty flat; ZEEL jumps 4%, Adani Ent sheds 5%; Bajaj Auto, Bharat Petroleum, M&M are some of the top movers in morning trade.
Economic Times

Trader's Guide: 2 stocks with up to 7% upside potential - over 1 year ago
A negative attitude has gripped the markets of late and Monday was no different, with the Nifty starting lower and ending up with a net loss, though technically speaking it defended well the 200-day moving average.
Economic Times

Hot Stocks: Brokerage view on Birla Fashion, Bank of India and NRB Bearings - over 1 year ago
Citigroup maintained its buy rating on Aditya Birla Fashion with a target price of Rs 347. The global investment bank marginally changed its FY23-25E EBITDA estimates by -1% to +1%.
Economic Times

Sensex, Nifty open flat with negative bias; Adani Ent cracks 6% - over 1 year ago
​​Gains in auto and financial stocks were offset by the index heavyweight Reliance, ICICI Bank, and ITC. The Nifty 50 index fell 8 points or 0.05% to 17,384, while the S&P BSE Sensex surged 74 points or 0.12% to 59,362, as of 9.25 am.
Economic Times

Big Movers on D-St: What should investors do with ACC, LIC and Bata India? - over 1 year ago
Stocks that were in focus include names like ACC which was down nearly 2%, Life Insurance Corporation fell nearly 3% to hit its fresh 52-week low, and Bata India fell over 2% to hit a fresh low on Monday.
Economic Times

Learn With ETMarkets: ROA, ROE, ROCE and ROIC explained - over 1 year ago
As a retail investor, before investing your hard-earned money, you should be able to read the financial statements and specific ratios of the company you are investing in. Neha Vashisht of ETMarkets explains how and what ROA, ROE, ROCE, and ROIC are.
Economic Times

US stocks close slightly up after prior week's selloff - over 1 year ago
All three main stock indexes climbed more than 1% shortly after the opening bell, in part due to an easing in Treasury yields, and all three closed well off their session highs.
Economic Times

Buy or Sell: Stock ideas by experts for February 28, 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 HAL and Indian Hotels while CA Rudramurthy has a buy/sell recommendation on SBI and Canara Bank for today's trading session. Check out the targets and stoploss.
Economic Times

A month on, Gautam Adani drops from 3rd to 38th in rich list - over 1 year ago
Gautam Adani is now placed at the 38th spot in the Forbes rich list, a far cry from the third position just before the Hindenburg report was published, which impacted his group's stock prices. Currently, Adani's net worth is estimated at $33.4 billion, according to Forbes' real-time tracker, which is an erosion of over $85 billion from $119 billion before the report was published on January 24.
Economic Times

Nifty to test 20-year-old record in March as FIIs, retail investors play bear - over 1 year ago
. Dalal Street's own army of lockdown traders and investors, who have been religiously following the buy-the-dip mantra, are now finding debt more attractive than equity.
Economic Times

Asian shares edge higher, dollar rally takes a breather - over 1 year ago
MSCI's broadest index of Asia-Pacific shares outside Japan was 0.25% higher but was set to end the month down about 6%. Japan's Nikkei rose 0.44%, while Australia's S&P/ASX 200 index gained 0.51%.
Economic Times

Stocks in focus: Wipro, Mastek and more - over 1 year ago
Nifty futures on the Singapore Exchange traded 7.5 points, or 0.04 per cent, higher at 17,495.50, signaling that Dalal Street was headed for a muted start on Tuesday. Here are some stocks which are expected to see some action in trade today.
Economic Times

Scorching rally in consumer stocks over, top manager says - over 1 year ago
The global reopening from the pandemic boosted consumer shares around the world, especially in India where the domestic demand story has long been touted by global funds, leading to billions in inflows in the second half of 2022. Still, as inflation accelerates and hits the rural population particularly hard, cracks are emerging in the the country’s consumption dynamic.
Economic Times

Stocks in news: ZEE Entertainment, Wipro, Laxmi Organics, Mahindra Logistics - over 1 year ago
Vodafone Idea's Board has allotted a total of 12,000 number of unsecured, unrated and unlisted optionally convertible debentures of the face value of Rs 10,00,000 each (OCDs) to ATC Telecom Infrastructure.
Economic Times

Amid Hindenburg row, lenders to retain credit limits of Adani Enterprises - over 1 year ago
AEL has rated loans of ₹13,900 crore. They comprise fund-based and non-fund-based loans, as per a Care Rating report released in mid-October last year. It also has working capital loans of nearly ₹2,000 crore, most of which comprise commercial paper (CP), a lender said.
Economic Times

D-Street indices fall for seventh straight session - over 1 year ago
The Sensex briefly slipped below 59,000 and the Nifty breached its 200-day moving average (DMA) of 17,376.38, a key technical indicator, led by declines in technology, automobile and metals stocks. The Sensex closed at 59,288.35, down 175.58 points, or 0.30%.
Economic Times

March to bring bear-market risks for US stocks: Morgan Stanley - over 1 year ago
Analysts pausing earnings estimates cuts over the next 12 months has stoked some investor optimism, Wilson said. However, bear markets typically feature a flattening out in outlook between quarterly earnings seasons before the downward trend resumes, he wrote. "Stocks tend to figure it out a month early and trade lower and this cycle has illustrated that pattern perfectly."
Economic Times

El Nino threat raises fears of stress on lenders' agri books - over 1 year ago
Since 1994, India has encountered seven instances of El Nino, hurting farm production and hence resulting in higher non-performing assets for banks in the related subsequent three-four quarters. The latest instance was in 2019, after which agricultural NPAs for the State Bank of India shot up, from 11.6% in the fiscal year 2019 to 15.9% in the fiscal year 2020.
Economic Times

SBI's new dividend yield fund good for moderate risk takers - over 1 year ago
The fund manager will invest a minimum of 65% of the corpus in dividend-paying companies, with the portfolio built in a manner that the overall dividend yield is at least 50% more than that offered by the Nifty50 pack. The scheme will be managed by Rohit Shimpi and its performance will be benchmarked against the Nifty 500 TRI. The minimum investment is ₹5,000 and the NFO closes on March 6.
Economic Times

Strengthen Capital markets to help GDP hit $40 trillion by 2047: Assocham - over 1 year ago
In a report titled 'Indian Capital Markets: Driver of Growth During Amrit Kaal' released on Monday, Assocham recommended easier market norms, along with support to smaller companies and encouraging them to list on stock exchanges to further strengthen the capital markets of India.
Economic Times

Sebi proposes uniform expense ratio for MFs to curb mis-selling - over 1 year ago
This means a fund house, for instance, will have to charge the same expense ratio for all its equity funds if this proposal goes through. So, if a mutual fund manages ₹50,000 crore in equity assets across 10 schemes, all of them must have the same expense ratio. Mutual funds currently have the flexibility to fix this fee as per the scheme.
Economic Times

Zee Entertainment to be reinstated into F&O segment - over 1 year ago
NSE said on Monday the circular dated February 23 regarding the exclusion of F&O contracts on Zee stands withdrawn. "In addition to existing contracts with expiry months of March 2023 and April 2023, the futures and options contracts with May 2023 expiry shall also be made available for trading from February 28, 2023," it added.
Economic Times

Pricol will not be for sale even if someone offers Rs 1000 a share: MD - over 1 year ago
The whole episode, Mohan said, has given him more energy - with everyone ranging from the top customers, suppliers, industry peers, employees, investors, shareholders, endorsing their support.
Economic Times

Jefferson: Under 'no illusion' inflation fight will be quick - over 1 year ago
Inflation for a broad array of services in the United States remains "stubbornly high," Jefferson said
Economic Times

Voda Idea issues 12,000 OCDs to ATC Telecom Infra - over 1 year ago
On Saturday, the shareholders approved the preferential issue of OCDs to ATC on Saturday, amounting to a fund raise of Rs 1,600 crore. This move will allow the telco to pay off most of its dues to the Boston-headquartered tower company
Economic Times

Wall Street climbs after worst weekly selloff of 2023 - over 1 year ago
At 9:47 a.m. ET, the Dow Jones Industrial Average was up 200.27 points, or 0.61%, at 33,017.19, the S&P 500 was up 28.03 points, or 0.71%, at 3,998.07, and the Nasdaq Composite was up 104.12 points, or 0.91%, at 11,499.06
Economic Times

Stock Radar: Buy Whirlpool for a target of Rs 1480, says Gaurav Bissa - over 1 year ago
"Whirlpool stock has bounced back from a multi-year demand area after a strong correction. The stock has bounced back sharply on historical occasions from this demand zone," Gaurav Bissa, VP, InCred Equities, said.
Economic Times

Looking for investment mantras? Here are Warren Buffett’s 5 pearls of wisdom - over 1 year ago
Berkshire will always hold a boatload of cash and US Treasury bills, and will avoid such investment decisions that could result in any uncomfortable cash levels at inconvenient times, including financial panics and unprecedented insurance losses, Buffett said.
Economic Times

Tracking only F&O trading volumes and not unique users can be misleading: Nithin Kamath - over 1 year ago
The sharp jump in options volume in the last 2 years has been mostly due to intraday stock traders switching to options after the intraday leverage restrictions was imposed by market regulator Sebi in early 2021
Economic Times

These 7 midcaps slip into a new 52-week low; tumble up to 25% in a month - over 1 year ago
On Monday, Sensex closed lower by 176 points at 59,288, marking the 7th consecutive day of market decline. During this sell-off, 7 stocks from the BSE midcap index hit their new 52-week lows, which is the minimum price at which the stocks have traded in the last year. This technical indicator is often used by traders and investors to analyze a stock's present value and predict its future price movement.
Economic Times

Vi issues 12,000 OCDs to ATC - over 1 year ago
On Saturday, the shareholders approved the preferential issue of OCDs to ATC on Saturday, amounting to a fund raise of Rs 1,600 crore. This move will allow the telco to pay off most of its dues to the Boston-headquartered tower company
Economic Times

NSE withdraws decision to remove Zee Entertainment from F&O segment - over 1 year ago
The move comes after the National Company Law Appellate Tribunal (NCLAT) on Friday granted interim relief to the media firm by staying the bankruptcy proceedings against it.
Economic Times

US stocks open higher after worst weekly selloff of 2023 - over 1 year ago
The Dow Jones Industrial Average rose 89.24 points, or 0.27%, at the open to 32,906.16.
Economic Times

Trading Guide: BOB, Indian Hotels among 6 stock recommendations for Tuesday - over 1 year ago
Weak global cues continue to dampen investor spirits in domestic markets as Sensex and Nifty slid for a seventh straight session on Monday, logging their longest losing run in the past 5 months. Concerns over aggressive rate hikes by developed economies pushed Sensex 175 points or 0.30% lower to settle at 59,288, while Nifty fell 0.42% to close below 17,400. Sector-wise, media, metal and IT stocks ended with deep cuts of up to 4%, while realty pack emerged as the top sectoral gainer, adding over 2%.“Nifty has formed a double bottom and also formed a hammer candlestick pattern on daily charts, which is broadly positive. We could see a quick pullback rally if the index trades above 17,300 and above the same the pullback move could continue till 17,500- 17,600 levels. On the flip side, a fresh round of selling is possible only after the dismissal of 17,300. Below the same, the index could slip till 17,230-17,200,” said Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities.Here are stock recommendations for Tuesday:
Economic Times

Kantilal Chhaganlal Securities pays Rs 31.20 lakh to settle case with Sebi - over 1 year ago
Pending adjudication proceedings in the matter, the noticee filed a settlement application with Sebi to settle the case. The regulator recommended the settlement of instant proceedings upon payment of Rs 31.20 lakh
Economic Times

Looking for investment mantras? Here’s Warren Buffett’s 5 pearls of wisdom - over 1 year ago
Berkshire will always hold a boatload of cash and US Treasury bills, and will avoid such investment decisions that could result in any uncomfortable cash levels at inconvenient times, including financial panics and unprecedented insurance losses, Buffett said.
Economic Times

India New Issue-Kotak Mahindra Prime accepts bids for multiple tenor bonds - traders - over 1 year ago
It has accepted bids worth 1.85 billion rupees for five-year bonds at an annual coupon of 8.05%, and the issues will close for subscription on Tuesday, they said
Economic Times

Sebi cancels Way2Wealth Commodities registration in NSEL case - over 1 year ago
Accordingly, Way2Wealth Commodities can no longer be called a "fit and proper person" for holding the certificate of registration as a broker in the securities market and cancelled the registration of the brokerage house
Economic Times

NPPA fixes retail price of 74 drug formulations - over 1 year ago
The NPPA said it has also revised the ceiling price of 80 scheduled formulations (NLEM 2022) including the one to treat epilepsy and neutropenia
Economic Times

LIC shares hit fresh 52-week lows. What's ailing the stock? - over 1 year ago
LIC, which had invested Rs 30,127 crore in 7 out of 10 Adani Group stocks, is on the brink of a loss, according to an analysis by the Economic Times as of last Thursday
Economic Times

5 investment tips by Warren Buffett that will change the way you invest! - over 1 year ago
Warren Buffett is one of the most successful investors in the world. He is also known for his honest and realistic investment tips as well. Here are 5 investment tips by Warren Buffett that will change the way you invest.
Economic Times

Tech View: Nifty takes support at 200-DMA. What should traders do on Tuesday - over 1 year ago
The hourly momentum indicator has a positive divergence with a positive crossover, indicating that selling pressure is weakening on the downside.
Economic Times

JPMorgan investment arm purges its ESG funds of Adani stocks - over 1 year ago
The JPMorgan Global Emerging Markets Research Enhanced Index Equity ESG UCITS ETF offloaded the more than 70,000 shares in cement manufacturer ACC Ltd., exiting a stake it’s held since May 2021, according to a data review by Bloomberg that looked at movements following the Jan. 24 publication of the Hindenburg report.
Economic Times

Share India Securities rights issue to open on March 9. All you need to know - over 1 year ago
The rights entitlement ratio is fixed as 1 rights equity share along with 17 detachable warrants for every 50 fully paid-up equity shares held by eligible shareholders as on record date
Economic Times

When Ashwani Gujral predicted current stock market selloff just a few days ago - over 1 year ago
On a video posted on his YouTube channel, on February 22, Ashwani Gujral said Indian markets could see further correction. He attributed the current correction to synchronized global selling due to higher interest rate forecast amid a global slowdown.
Economic Times