Global gaming market projected to grow over $500 billion by 2030; bullish on Indian: Sudhir Kamath of Nazara Tech - almost 2 years ago
The global gaming market is projected to grow to $ 504.29 billion by 2030 and Indian govt wants a pie of that cake to propel India's digital economy. Sumita Kareer caught up with Sudhir Kamath of Nazara.com to find out his perspective.
Economic Times

Adani stock crash deepens as investors lose another Rs 40,000 crore - almost 2 years ago
The ports-to-power conglomerate's flagship entity Adani Enterprises was the top loser in the pack and was down over 7%. Four other group stocks - Adani Transmission, Adani Total Gas, Adani Wilmar, and Adani Green - were locked in their 5% lower circuit limits.
Economic Times

138 cos see raw material cost outpace sales growth in Q3; will the trend reverse? - almost 2 years ago
For most companies in the automobile, capital goods, chemicals, consumer staples, consumer discretionary, cement, and metals and mining, raw material cost in the quarter rose faster than revenue on a year-on-year basis.
Economic Times

These 9 stocks will get delisted from exchanges soon. Do you own any? - almost 2 years ago
Delisting of shares is a process wherein shares of a listed entity are ousted from a stock exchange. Consequently, the shares of that company will no longer trade on that exchange. Read more about delisting at https://economictimes.indiatimes.com/definition/delistingHere is a list of 9 stocks that are going to get delisted from exchanges (Source: Prime Database)
Economic Times

Stocks to buy or sell today: 9 short-term trading ideas by experts for 22 February 2023 - almost 2 years ago
The Nifty50 on Tuesday failed to surpass 17950 zones and closed negative with losses of around 20 points. The immediate support for the index is placed at 17700-17650 levels, suggest experts.
Economic Times

IT, bank stocks drag Sensex over 500 pts lower; Nifty below 17,700 - almost 2 years ago
All sectoral indices were trading lower with Nifty IT down over 1%. Adani stocks continued to be under selling pressure with 10 counters in the red zone.
Economic Times

IRCTC to trade ex-dividend today - almost 2 years ago
The company reported 22% year-on-year growth in standalone net profit at Rs 256 crore for the third quarter ended December. Revenue from operations, meanwhile, surged 70% year-on-year to Rs 918 crore for the December quarter.
Economic Times

IT, bank stocks drag Sensex over 450 pts lower; Nifty below 17,750 - almost 2 years ago
All sectoral indices were trading lower with Nifty IT down over 1%. Adani stocks continued to be under selling pressure with 10 counters in the red zone.
Economic Times

Sensex loses over 300 points, Nifty below 17,800; Adani Power jumps 5% - almost 2 years ago
Sensex falls nearly 300 pts, Nifty below 17,800; Adani Power jumps 5%, Delhivery sheds 3%; YES Bank, Tata Steel, PNB are some of the top losers in morning trade.
Economic Times

Stock market trading hours extension? The good, bad & ugly effects - almost 2 years ago
Derivatives trader Ashish Gupta said that extended trading hours will give an opportunity to timely hedge positions in case of any shock event but will lead to increased fatigue and stress level for active traders like him.
Economic Times

Buy or Sell: Stock ideas by experts for February 22, 2023 - 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 NTPC and IEX while Kunal Bothra has a buy/sell recommendation on RIL and Bank of Baroda for today's trading session. Check out the targets and stoploss.
Economic Times

Trader's Guide: 2 stocks with up to 12% potential upside - almost 2 years ago
In a listless session of trade, the equity markets headed nowhere and ended the day with a negligible loss on Tuesday . The markets found themselves opening on a positive note; however, NIFTY traded with capped gains in the first half of the session. With expiry of the weekly option contracts on thursday, volatility might be back soon.
Economic Times

Stocks in focus: BEL, Biocon and more - almost 2 years ago
Nifty futures on the Singapore Exchange traded 73.5 points, or 0.41 per cent, lower at 17,872.50, signaling that Dalal Street was headed for a negative start on Wednesday. Here are some stocks which are expected to see some action in trade today.
Economic Times

Big Movers on D-St: Siemens & Shree Cements hit 52-week highs, what should investors do? - almost 2 years ago
On a weekly timeframe, the price has been rising continuously with higher highs and higher lows formation. In addition, the price has been also trading above the 20-days exponential moving averages from the last few weeks indicating a strong bullish trend.
Economic Times

Asia equities fall on fear of hawkish central bank hikes - almost 2 years ago
The Bank of Japan said on Wednesday it would conduct emergency bond buying, in a move to contain elevated yields, as the 10-year JGBs touched 0.505% for a second straight session, breaching the BOJ's 0.5% cap and reaching the highest level since Jan. 18.
Economic Times

US stock market: Wall Street posts worst day of 2023 on higher-for-longer rate fears - almost 2 years ago
U.S. stocks had an upbeat start to the year after their worst annual showing in more than a decade in 2022, as investors hoped the central bank's rate-hike cycle was nearing its end. Such positivity makes equity markets susceptible to pull-backs though, when data undermines such expectations.
Economic Times

SGX Nifty down 75 points; here's what changed for market while you were sleeping - almost 2 years ago
Option data suggests a broader trading range in between 17650 to 18100 zones while a shift in immediate trading range in between 17700 to 18000 zones.
Economic Times

Stocks in news: BEL, IRCTC, Hindustan Zinc, Cyient, Lupin, SBI - almost 2 years ago
Bharat Electronics Ltd (BEL) has signed an MoU with Aeronautical Development Agency (ADA), DRDO, for the Advanced Medium Combat Aircraft (AMCA) programme. The MoU was announced on the sidelines of the “Bandhan” event held at Aero India 2023.
Economic Times

Growth may have come down to about 5% in Q3: ET poll - almost 2 years ago
The annual outlook is expected to worsen for the next fiscal year as a global slowdown and rising interest rates weigh on growth. The Reserve Bank of India (RBI) has projected FY24 growth at 6.4%, but economists expect an even lower number.
Economic Times

Longer hours to test market and traders - almost 2 years ago
The proposal to stretch trade timings emanates from the belief that Indian exchanges are increasingly being left behind in the global race to attract big volumes and liquidity because of the shorter trading hours.
Economic Times

Sebi seeks details on ratings of Adani companies' loans and securities - almost 2 years ago
The rating companies were told last week by the Securities and Exchange Board of India (Sebi) to share the information, which would include all outstanding ratings, outlook, and possible updates from any discussions with officials of the business group.
Economic Times

In South Florida, an anti-Cathie Wood investor is quietly building a stock empire - almost 2 years ago
In 2022, when most asset managers watched clients yank cash from their funds as markets cratered, GQG thrived. The firm lured $8 billion in fresh investment and three of its four flagship funds beat benchmark indexes by wide margins.
Economic Times

'CARE Ratings keen to scale up risk management, advisory businesses' - almost 2 years ago
Pandya, who took over as CEO in June last year, said he wants to bring down revenue from ratings to 80% in three years from 95% now by increasing focus on business-risk management, early warning signals and fraud detection in developed markets where margins are higher.
Economic Times

Sebi to tighten disclosure norms for newly-listed companies - almost 2 years ago
In cases when companies get listed close to the timeline prescribed for submission of financial results, they would be required to announce the first financial results within a very short period of time post listing.
Economic Times

Sebi proposes framework on ESG disclosures, ratings - almost 2 years ago
The Securities and Exchange Board of India (Sebi) has mandated the top 1,000 listed companies by market capitalisation make filings as per the business responsibility and sustainability reporting (BRSR) from FY23.
Economic Times

India, Singapore launch real-time payments, link UPI with PayNow - almost 2 years ago
The facility was launched through token transactions using the UPI-PayNow linkage. PM Modi called the venture a new milestone in relations between the two countries. "The linkage of Unified Payments Interface (UPI) and PayNow is a new milestone in India-Singapore relations and its launch is a gift to the citizens of the two countries," PM Modi said.
Economic Times

HC allows trustees bodies to approach CCI on jurisdiction issue - almost 2 years ago
A division bench of Justices GS Patel and Neela Gokhale in its oral order directed the fairtrade regulator to decide on the issue of its jurisdiction first, leaving other contentions open. Till the time CCI decides on its jurisdiction, there will be a stay on its investigation in the matter. The detailed order was not uploaded till press time.
Economic Times

Stock Radar: Breakout from a 9-month consolidation could take this services company to a fresh 52-week high; time to buy? - almost 2 years ago
FSL stock has moved in a narrow range since May 2022, where Rs 119 acted as a still resistance while on the downside Rs 95 acted as a crucial support. It closed at Rs 119.45 on February 20, 2022
Economic Times

Wall St tumbles as Walmart, Home Depot forecasts disappoint - almost 2 years ago
At 10:02 a.m. ET, the Dow Jones Industrial Average was down 424.64 points, or 1.26%, at 33,402.05, the S&P 500 was down 47.46 points, or 1.16%, at 4,031.63, and the Nasdaq Composite was down 165.27 points, or 1.40%, at 11,622.00
Economic Times

NSE extends trading hours for interest rate derivatives till 5 pm - almost 2 years ago
There shall be no change in trading hours for other interest rate derivative contracts, it said. All existing expiry contracts with expiry day beyond February 23, 2023, and all new expiration contracts introduced thereafter will be available for trading till 5 pm on expiry day.
Economic Times

Quick euro zone wage growth is just normal catch up, ECB's Lagarde says - almost 2 years ago
Lagarde said the ECB was monitoring wage growth "very, very closely" because it is a key driver of inflation but the current catch up process was quite normal.
Economic Times

NSE extends trading hours for interest rate derivatives to 5 pm - almost 2 years ago
There shall be no change in trading hours for other interest rate derivative contracts, it said. All existing expiry contracts with expiry day beyond February 23, 2023, and all new expiration contracts introduced thereafter will be available for trading till 5 pm on expiry day.
Economic Times

Smallcase manager Alok Jain shows you how to navigate lumpy markets through momentum investing - almost 2 years ago
Patience and discipline in markets is key for a volatile strategy like momentum investing, said Jain, adding that market fluctuations or emotions shouldn't cloud the judgment of investors. "Instead, investors should focus on long-term goals and stick to the investment plan," he said.
Economic Times

Stock Radar: Buy Firstsource Solutions for a target of Rs 148, says Ajit Mishra - almost 2 years ago
"In line with other midcap and smallcap counters, FSL too is finally participating in the move, after seeing a breakout from a 9-month long consolidation phase," Ajit Mishra, VP - Technical Research, Religare Broking Ltd, said.
Economic Times

Trading Guide: Route Mobile among 6 stock recommendations for Wednesday - almost 2 years ago
Benchmark Sensex and Nifty closed marginally down in choppy trade on Tuesday, extending losses for a third straight day as investors remained cautious ahead of the release of minutes of the Federal Open Market Committee (FOMC) meeting. BSE Sensex edged down 19 points to settle at 60,672.72 as 17 of its constituents declined while 13 advanced. Negative cues from global peers dragged Nifty below 17,850.“On the hourly charts, we can observe that the key hourly moving averages placed in the zone 17920 – 17950 acted as a stiff resistance and the morning bounce fizzled out after reaching this resistance zone. On the hourly momentum indicator, we can observe a positive divergence developing, which is a sign that the selling pressure is weakening. Thus, price and momentum indicators are providing divergent signals and in such a scenario a consolidation is highly likely,” said Jatin Gedia, Technical Research Analyst, Sharekhan by BNP Paribas.That said, here are stock recommendations for Wednesday:
Economic Times

5 consumer discretionary stocks hit fresh 52-week high. See the technical standpoint - almost 2 years ago
The benchmark Sensex edged down 19 points to settle at 60,673 as 17 of its constituents declined while 13 advanced on Tuesday. During this rally, 5 stocks of the BSE consumer discretionary index managed to record fresh 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

U.S. business activity rebounds to eight-month high in February- S&P Global survey - almost 2 years ago
That ended seven straight months of the index being below the 50 mark, which indicates contraction in the private sector. The services sector accounted for the rise in business activity, while manufacturing remained weak. Economists polled by Reuters had forecast the flash Composite PMI Output Index at 47.5
Economic Times

Credit Suisse says equities to be choppy in H1. What should be your market strategy? - almost 2 years ago
India equities corrected 4.6% after US-based short-seller Hindenburg report on Adani group created some panic in the Indian financial market. However, markets pared losses over the past four weeks as the situation stabilized. The Nifty index was up 0.9% last month, while the MSCI World index gained 2.9% and the MSCI Asia ex-Japan index fell by 2.7%
Economic Times

6 banking stocks surge over 60% in 6 months; on a majority FIIs place bullish bets - almost 2 years ago
Looking to invest in the banking sector? These 6 stocks have grown a whopping 60-120% in the last 6 months! Let's take a look.
Economic Times

US stocks slide at open as Walmart, Home Depot forecasts disappoint - almost 2 years ago
The Dow Jones Industrial Average fell 127.00 points, or 0.38%, at the open to 33,699.69.
Economic Times

Sebi imposes Rs 62 lakh fine on 6 entities for fraudulent trading - almost 2 years ago
The regulator found in its investigation that Utkarsh and Vanya sold shares and created misleading appearance of trading in the market for the days on which such trading took place
Economic Times

Indore Municipal Corporation green bonds listed on NSE - almost 2 years ago
The issue would give impetus to the development of green financing and contribute towards India's vision for transition towards a clean and green energy future
Economic Times

These 5 consumer discretionary stocks record a fresh 52-week high. Here’s a look from technical standpoint - almost 2 years ago
The benchmark Sensex edged down 19 points to settle at 60,673 as 17 of its constituents declined while 13 advanced on Tuesday. During this rally, 5 stocks of the BSE consumer discretionary index managed to record fresh 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

Tech View: Nifty charts hint at weakening selling pressure. What should traders do on Wednesday - almost 2 years ago
Option data suggests a broader trading range between 17,650 and 18,100 zones while a shift in immediate trading range between 17,700 and 18,000 zones
Economic Times

Baring Private Equity India pays Rs 16.57 lakh to settle case with Sebi - almost 2 years ago
Pending adjudication proceedings, the noticee filed a settlement application with Sebi to settle the case. The regulator recommended the settlement of instant proceedings upon payment of Rs 16.57 lakh
Economic Times

Sensex, Nifty end flat amid weak global cues; SpiceJet cracks 6%, NMDC Steel jumps 5% - almost 2 years ago
Closing Bell: Sensex, Nifty end flat in volatile trade; SpiceJet falls 6%, NMDC Steel jumps 5%.
Economic Times

Adani vs Hindenburg: Wikipedia editors blame billionaire’s team for manipulating entries - almost 2 years ago
The community-written article in the online newspaper said warnings about conflict-of-interest editing were removed and articles were created by unusual methods that avoided Wikipedia's quality control systems
Economic Times

Sensex, Nifty end flat in choppy session ahead of Fed minutes - almost 2 years ago
The 30-share BSE benchmark Sensex declined 19 points or 0.03% to settle at 60,673. The broader NSE Nifty dropped 18 points or 0.10% to end at 17,827.
Economic Times

Why ESG disclosures for investment products need a holistic approach - almost 2 years ago
As part of SFDR, funds are classified into articles 6, 8, or 9, depending on their characteristics and their level of sustainability. The CFA Institute ESG Disclosure Standards, in contrast, do not aim to achieve policy objectives, or label ESG products, but focus on achieving product transparency.
Economic Times

Multibagger stock to trade ex-split this week. Do you own? - almost 2 years ago
Akashdeep's board has recently appointed Rabindra Kumar Das as an Additional Executive Non-Independent Director of the company with effect from February 10
Economic Times