Top 10 stock bets of 10 largest mutual funds in November - almost 2 years ago
In November, Nifty50 rose over 4% month-on-month and pushed benchmark indices towards new highs. Total AUM for the MF industry also increased 2.2% MoM to Rs 40.4 lakh crore in November 2022, led by a MoM increase in AUM for equity, other ETFs and liquid funds (Data Source: Motilal Oswal). As investors continue to park their money in mutual funds, here are the top 10 holdings where the top mutual funds are parking their money:
Economic Times

Surprise corporate actions by tech darlings Nykaa, Paytm spur scrutiny - almost 2 years ago
First it was FSN E-Commerce Ventures Pvt., the owner of beauty e-retailer Nykaa, which announced a bonus share issue to coincide with the expiry of an IPO lockup on key investors in November that risked extending the stock’s slump.
Economic Times

Year-end Special: Money-making Ideas! 7 investment themes for stock investors in 2023 - almost 2 years ago
Hardly any analyst ETMarkets spoke to sees Nifty slipping below the 18,000 mark in the next one year. The most optimistic of bulls are expecting the index to even zoom past the 20,000 mark. Global brokerage BofA Securities has built a base case Nifty target of 19,500 while Morgan Stanley sees the Sensex at 68,500 in 2023.
Economic Times

4 of 7 Adani stocks turned multibaggers in 2022; do you own any? - almost 2 years ago
The year 2022 was a phenomenal one for Gautam Adani group stocks as four out of seven listed companies have turned multibaggers in 2022. Adani stocks have given returns between 20-200%. The group's total market cap stood at about Rs 18,64,579 crore as on December 15, 2022, as compared to Rs 9,62,322 crore in 2021. Take a look at the Adani group stocks' performance in the year 2022. (Data Source: ACE Equity)
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​At multi-year highs: These 5 stocks gave 5-year breakouts​ - almost 2 years ago
In the NSE list of stocks with a market cap of over Rs 1,000 crore, five stocks crossed their previous 5-year high value at the close on December 15, suggesting bullishness in counters, according to stockedge.com's technical scan data. Take a look.
Economic Times

Hot Stocks: Global brokerages on HDFC Bank, BoB, SBI and ICICI Bank - almost 2 years ago
BofA Securities maintained a buy rating on HDFC Bank with a target price of Rs 1900. The private sector lender is well-positioned to deliver ahead of market expectations, said the global brokerage.
Economic Times

Money-making Ideas! 7 investment themes for stock investors in 2023 - almost 2 years ago
Hardly any analyst ETMarkets spoke to sees Nifty slipping below the 18,000 mark in the next one year. The most optimistic of bulls are expecting the index to even zoom past the 20,000 mark. Global brokerage BofA Securities has built a base case Nifty target of 19,500 while Morgan Stanley sees the Sensex at 68,500 in 2023.
Economic Times

Buy or Sell: Stock ideas by experts for December 16, 2022 - almost 2 years ago
ET Now spoke to various experts and here's what they have to recommend for today's trading session. Nooresh Merani has a buy/sell recommendation on Federal Bank and Gujarat Gas while Kunal Bothra has a buy/sell recommendation on Voltas and Piramal Enterprises for today's trading session. Check out the targets and stop-loss.
Economic Times

Sensex loses 300 points, Nifty nears 18,300; GMM Pfaudler tanks 10% - almost 2 years ago
Sensex sheds 300 pts, Nifty nears 18,300; GMM Pfaudler tanks 10%, HCL Tech 2%; GAIL, Coal India , HDFC Asset Management, IOC are some of the active stocks in morning trade.
Economic Times

Chart Check: Bharat Forge hits fresh record high in December; should you buy or book profits? - almost 2 years ago
Bharat Forge stock price recently gave a breakout from a cup and handle pattern on the weekly scale and is sustaining above the same. It recorded a strong bullish candle last week which is a positive sign for the bulls
Economic Times

Hawkish Fed, recession fears drive Sensex 300 points lower - almost 2 years ago
“Following a 50 bps rate hike and hawkish message from the Fed on 14th, the ECB and BoE also hiked rates on 15th by 50 bps each and delivered, perhaps, a more hawkish message than the Fed. This synchronised rate hiking cycle has impacted sentiments leading to sharp cuts of more than 3% in Nasdaq, CAC and DAX,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.
Economic Times

Stocks to buy or sell today: 5 short-term trading ideas by experts for Friday, 16 December - almost 2 years ago
The S&P BSE Sensex fell more than 800 points while the Nifty50 closed below 18,500 levels on Thursday.
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Trader's Guide: These 2 stocks can rise up to 6% - almost 2 years ago
The markets declined on Thursday, bringing Nifty below the crucial 18,600 mark. Unless the mark is breached again, the markets are likely to remain in a corrective mode.
Economic Times

Titan Company: Short-term sideways to bullish - almost 2 years ago
Titan Company’s daily trend is bearish, and in the last trading session, it closed -2.6% with an extended range candle. Based on option chain analysis, the range is between 2500 and 2600. Using the PCR ratio, it is at 0.5. Let’s plan a trade around that.
Economic Times

Corporate Radar: CL Educate, Star Housing Finance to trade ex-bonus & more - almost 2 years ago
Besides, a number of board meetings are scheduled for today. Advani Hotels will meet to decide on an interim dividend. Also, Shree Securities will meet to consider stock split, while Murudeshwar Ceramics’ board will meet to mull issue of warrants.
Economic Times

Institutional bids in IRCTC OFS strong; is it worth buying for retail investors? - almost 2 years ago
The government received bids for 5,55,10,454 shares in the OFS from institutional investors against the offer size of 1,80,00,000 for the category, according to the data on the BSE website. This gave the government an opportunity to use the greenshoe option of 1,80,00,000 additional shares.
Economic Times

Big Movers on D-St: What should investors do with General Insurance Corporation, IDBI Bank and Rashtriya Chemicals? - almost 2 years ago
Technically, after a breakout above Rs 155, positive momentum intensified. The promising price-volume breakout formation indicates a continuation of the uptrend in the near term. We are of the view that the uptrend texture is likely to continue and 195-205 would be the next resistance zone for the bulls.
Economic Times

US stock market: Wall Street slumps as Fed heightens recession fears - almost 2 years ago
Equities have rallied since hitting lows for the year in mid-October, as signs of cooling inflation sparked optimism that the end of the Fed's rate hike path could be on the horizon. But the rally has fizzled in December as investors see mixed economic data and a resolute Fed as having increased the chances of a recession.
Economic Times

Stocks in focus: IRCTC, Archean Chemicals and more - almost 2 years ago
Nifty futures on the Singapore Exchange traded 64 points, or 0.35 per cent, lower at 18,395.50, signaling that Dalal Street was headed for a negative start on Friday. Here are some stocks which may buzz the most in today's trade.
Economic Times

Stocks in the news: RIL, Wipro, HPCL, Nykaa, ZEEL and Deepak Fertilizers - almost 2 years ago
Reliance Industries's arm Reliance Retail on announced the launch of its consumer packaged goods brand 'Independence' in Gujarat, with plans for national rollout as part of its ambition in the FMCG segment.
Economic Times

Elon Musk encashes $3.6 billion in Tesla stock - almost 2 years ago
The sale is the second big chunk of stock he has cashed out since his $44 billion purchase of Twitter in October. It isn't clear if the sales are related to the Twitter acquisition, but they are annoying investors who are upset by a perception he is diverting his focus and resources to Twitter ahead of Tesla.
Economic Times

SGX Nifty down 65 points; here's what changed for market while you were sleeping - almost 2 years ago
Foreign portfolio investors (FPIs) on Thursday net sold shares worth Rs 711 crore, provisional data showed. DIIs net bought shares to the tune of Rs 261 crore.
Economic Times

IBC changes on agenda to speed up resolution - almost 2 years ago
According to government data, 12,871 bankruptcy resolution cases were pending on October 31, down from 13,211 as on December 31, 2021. The average number of days taken to resolve a case rose from 230 days in FY18 to 679 days in the first half of FY23.
Economic Times

IRCTC offer unlikely to deliver short-term gains - almost 2 years ago
The government has announced selling up to 5% stake in the IRCTC through an offer for sale (OFS). Up to 40 million shares in the company are being offered at a floor price of 680 per share, a 7% discount to Wednesday’s closing price of 734.90. IRCTC shares dropped 6.2% to end at 689.20 on Thursday
Economic Times

PVR-Inox merger deal: Final NCLT hearing on January 12 - almost 2 years ago
"The NCLT has posted the PVR-Inox merger application for final disposal on January 12, 2023. All the regulatory authorities have filed their reports to the NCLT," a source close to the development said.
Economic Times

Bank margins may come under stress amid deposit rate war - almost 2 years ago
Over the past few weeks, lenders such as HDFC Bank, ICICI Bank and State Bank of India (SBI) have raised their deposit rates by up to a percentage point to garner more deposits so that they can lend to borrowers across segments — institutional, retail or small-business owners.
Economic Times

Nomura sets Nifty 2023 target at 19,030 - almost 2 years ago
"Inflation has peaked, but could remain sticky. This would likely keep Fed hawkish prioritising inflation flight over growth slowdown," said Nomura's strategists Saion Mukherjee and Neelotpal Sahu in a note to clients. "The tightening monetary policy could drive major economies into recession and India's growth will likely be adversely impacted from the global spillover."
Economic Times

Stock Radar: Cholamandalam Finance could hit fresh highs in the next 12 months; here’s why - almost 2 years ago
Long-term investors can buy the stock now or on dips for a target of Rs 825, which is backed by both fundamental and technical factors, suggested experts.
Economic Times

HUL could see a 15% upside, says Jefferies - almost 2 years ago
The brokerage house expects HUL's earnings per share to rise 13% and values the stock at 60 times its September 2024 earnings, slightly higher than its five-year average to arrive at its base-case target price.
Economic Times

Indices slump on global selloff - almost 2 years ago
Market participants said Powell's remarks that the American central bank would increase interest rates further next year even if the economy slips into a possible recession dented sentiment.
Economic Times

Now, Sebi quizzes old VC funds over term extensions - almost 2 years ago
On Tuesday, the Securities & Exchange Board of India (Sebi) asked these funds to share the number of extensions that have been taken for the various schemes, the tenure of the schemes as stated in the private placement memorandum, and the 'end date' which is the deadline for exiting all investments.
Economic Times

LIC withdraws offer to sell R-Cap debt to ACRE - almost 2 years ago
An offer by ACRE to the country's largest life insurer had triggered a Swiss challenge auction, ET reported on November 14. ACRE, an ARC backed by Ares SSG Capital, had offered about 22% recovery on LIC's admitted claims.
Economic Times

Wall Street falls sharply on angst over hawkish Fed - almost 2 years ago
At 11:52 a.m. ET, the Dow Jones Industrial Average was down 816.88 points, or 2.40%, at 33,149.47, the S&P 500 was down 104.30 points, or 2.61%, at 3,891.02, and the Nasdaq Composite was down 338.56 points, or 3.03%, at 10,832.33
Economic Times

Zerodha revenue, profit grew 5x since March 2022, says Nithin Kamath - almost 2 years ago
Nithin Kamath in his blog stated that certain factors have helped their growth. "One is the phenomenal bull market in India. Developments such as eKYC, online digital signatures, and UPI turned the largely offline industry into a truly online, paperless one, enabling mass participation. And for us specifically, adoption via word-of-mouth from our customers," he said.
Economic Times

US stocks slide more than 1% on angst over hawkish Fed - almost 2 years ago
At 9:38 a.m. ET, the Dow Jones Industrial Average was down 441.84 points, or 1.30%, at 33,524.51
Economic Times

Lagarde comments at ECB press conference - almost 2 years ago
"Given the expected terminal rate in our projections, this is not enough. We need to take this fight and continue the battle against inflation at a steady pace. Based on the information today, that predicates another 50 basis points at our next meeting, and possibly at the one after that - and possibly thereafter.
Economic Times

Strong institutional response for IRCTC OFS; offer oversubscribed - almost 2 years ago
​​The 7% discount offered in the OFS drove the strong demand for the stock.
Economic Times

Market Trading Guide: BSE among 5 stock recommendations for Friday - almost 2 years ago
The Sensex plummeted 879 points to finish at 61,799.03 while the Nifty crashed below the 18,415 mark on Thursday, in tandem with a global sell-off after the US Federal Reserve increased the interest rate and signalled more hikes in its fight against inflation.“The Fed has startled the market by maintaining its hawkish tone, as investors were expecting a softer approach after the release of better-than-expected inflation numbers. IT stocks led to pessimism in the domestic market as recession fears grew in the global economies following the Fed’s comments. The market now awaits the BOE and ECB decisions, which are likely to follow a half-point hike,” said Vinod Nair, Head of Research at Geojit Financial.Here are 6 stock recommendations for Friday:
Economic Times

Infosys to announce Q3 earnings on Jan 12; all eyes on deal pipeline - almost 2 years ago
The earnings come at a time when the industry is seeing massive layoffs that have surpassed the levels from the Great Recession the world went through 2008-2009
Economic Times

US stocks open lower on angst over hawkish Fed - almost 2 years ago
The Dow Jones Industrial Average fell 193.35 points, or 0.57%, at the open to 33,773.00
Economic Times

​These 4 FMCG stocks touch their new 52-week highs, surging up to 50% in a month - almost 2 years ago
Benchmark index Sensex fell about 878 points to end at 61,799 on Thursday. Despite this free fall in the markets, four stocks from the BSE FMCG index managed to touch new 52-week highs.The 52-week high is the highest price at which a stock has traded during the last year. Some traders and investors use this technical indicator as an important factor for analysing a stock's current value and for predicting its future price movement.
Economic Times

European Central Bank slows pace of interest rate hikes - almost 2 years ago
"The Governing Council decided to raise interest rates today, and expects to raise them significantly further, because inflation remains far too high and is projected to stay above the target for too long," the ECB said of the bank's 2% goal.
Economic Times

myTVS raises Rs 203 crore - almost 2 years ago
The funds raised in Series C round will be used to scale up the Online-to-Offline (O2O) business model, network expansion, investment in technology to enhance services and spares platform for two and four-wheeler customers, it added.
Economic Times

These 5 smallcap MFs gave double-digit returns in 2022. Check their top bets - almost 2 years ago
Latest NAV: Rs 96.14 | 3-Year Return: 36.50Fund Size: Rs 2,3765.05 crore | Expense Ratio: 1.83%(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Economic Times

Bank of England raises rates to 3.5%, expects more rises to come - almost 2 years ago
"The labour market remains tight and there has been evidence of inflationary pressures in domestic prices and wages that could indicate greater persistence and thus justifies a further forceful monetary policy response," the BoE said.
Economic Times

Hinduja Global Solutions to mull share buyback on Monday - almost 2 years ago
“This is to inform that a meeting of the Board of Directors of Hinduja Global Solutions Limited will be held on Monday, December 19, 2022, inter-alia, to consider a proposal for buy-back of equity shares of face value of Rs 10 each of the company, including matters related / incidental thereto,” said the company’s filing with the exchange.
Economic Times

Tech View: Large red candle on Nifty charts looks scary. What traders should do on Friday - almost 2 years ago
Fear gauge index India VIX was up by 6.62% from 12.88 to 13.73 levels. Volatility spiked from lows as market reacted sharply on the negative side after a long time but overall it has been hovering at lower levels from the last two months.
Economic Times

eClerx Services announces Rs 300 crore-share buyback; record date Dec 27 - almost 2 years ago
The total number of shares to be bought back in the repurchase will be up to 17,14,285 units, representing 3.38 % of the total shares in the paid up equity share capital of the company
Economic Times

India growing faster than official data shows, says Credit Suisse - almost 2 years ago
The brokerage firm's head of research Neelkanth Mishra said the country will grow at 7 per cent in FY24, as against the consensus estimates which peg the real growth to slip below 6 per cent.
Economic Times

BLS International Services crosses $1 billion in market cap - almost 2 years ago
These services include account opening with e-KYC, AEPS mini statements, passbook printing, savings bank deposits, fixed deposits, recurring deposits, remittances, micro pensions, and micro insurance. The company said the 'sustained' recovery of BLS’s visa and consular business and the winning of new tenders were 'major' contributors to the 87 per cent year-over-year growth in the operating revenue in Q2, 2022.
Economic Times