US stocks open higher as investors await CPI data, Fed decision - almost 2 years ago
The Dow Jones Industrial Average rose 43.04 points, or 0.13%, at the open to 33,519.50
Economic Times

Multibagger stock announces 1:5 stock split - almost 2 years ago
Post the announcement, the stock traded with a cut of 4% at around 3:12 pm at Rs 125.35 apiece on the NSE.
Economic Times

Market Trading Guide: Grasim Industries among 4 stock recommendations for Tuesday - almost 2 years ago
Benchmark equity indices ended flat after struggling for direction for much of a volatile session on Monday, as investors braced for local retail inflation data and the US Federal Reserve's monetary policy decision. Nifty ended below 18,500, while broader markets outperformed. Sectorally, Nifty PSU Bank emerged as the outlier, gaining 1.4%.“After showing sharp weakness on Friday, the downside momentum continued on Nifty in the early part of Monday's session, but the market was able to show smart upside recovery from the intraday lows towards the end. After opening on a weak note, the market slipped into further declines soon after the opening,” Nagaraj Shetti, Technical Research Analyst at HDFC Securities, said.Here are 4 stock recommendations for Tuesday:
Economic Times

Tech View: Nifty charts hint hurdle at 18,650. What traders should do on Tuesday - almost 2 years ago
A sustainable up move only above the hurdle of 18,650 levels could confirm an uptrend continuation pattern. Immediate support is placed at 18,350 levels, said Nagaraj Shetti, Technical Research Analyst at HDFC Securities.
Economic Times

Microsoft to buy 4% stake in London Stock Exchange - almost 2 years ago
"It's a long term partnership. In terms of the products we will be building together, I would expect our customers to start to see the benefits of that 18 to 24 months out and we will continue building from there," Schwimmer told Reuters.
Economic Times

Long winter ahead for IT stocks, Tech Mahindra most vulnerable: JM Financial - almost 2 years ago
Wipro is best placed in terms of resilience (least exposure to stressed verticals), expectations (pessimism built in given highest cuts to FY24E USD revenue growth) and valuation comfort (lowest premium to past 5-year median), the brokerage firm said.
Economic Times

These 6 auto stocks surge up to 70% so far in 2022; look strong on SWOT analysis. Do you own any? - almost 2 years ago
The BSE Auto index saw its third good year in the trot after surging about 20% in each of the last two years. In 2022, the index performance is almost 3 times higher than benchmark index Sensex, which gained 7%. As many as 12 of 17 stocks from the BSE Auto Index have given double-digit returns, and from that list, 6 stocks have gained anywhere between 25 and 70% so far in 2022 (Data Source: ACE Equity). Interestingly, all 6 stocks look quite strong on SWOT analysis. Take a look at the key strengths of these stocks, according to Trendlyne.com.
Economic Times

Indices end on a flat note; bank stocks offest heavy IT selling - almost 2 years ago
In the Sensex pack, Asian Paints, Infosys, Titan and Kotak Bank were the top losers, falling about 1-2%. Power Grid, SBI, Bharti Airtel, Sun Pharma, Bajaj Finserv and HUL also closed lower.
Economic Times

Promoters of Macrotech Developers raise Rs 3,547 cr through largest QIP of 2022 - almost 2 years ago
Global investors, including Capital Group, UBS, Abu Dhabi Investment Authority (ADIA), USS, William Blair and Nomura, have picked up over 7.2% stake in the company
Economic Times

Sensex, Nifty end lower after choppy session; LIC rises 4%; Infosys, Titan fall 1% - almost 2 years ago
Closing Bell: Sensex, Nifty end lower after choppy session; LIC rises 4%; Infosys, Titan fall 1%
Economic Times

PMS Tracker: Rich investors made up to 13.5% returns in November - almost 2 years ago
Among star fund managers, Basant Maheshwari's multi-cap fund outperformed with a return of around 6%. Sunil Singhania's small and midcap-focused Abakkus Emerging Opportunities Fund made investors richer by 5.10%, while Devina Mehra's India Super 50 multicap fund returned 3%.
Economic Times

JPMorgan upgrades PNB to overweight, sees 26% upside - almost 2 years ago
However, JPMorgan estimated earnings to remain under pressure in F23/24 as the company catches up on back book provisioning. This keeps the F24 estimate broadly unchanged. However, with limited new stress formation and system growth itself picking up, it sees the further scope of re-rating at PNB, the brokerage said.
Economic Times

Investor network FAAD gets Sebi nod to launch Rs 300 cr fund - almost 2 years ago
There is a new wave of Angels, HNIs and VCs who believe deeply in the value addition that technology-led innovation can bring to society and are always on the lookout to back entrepreneurs who can lead the disruption, FAAD Co-founder and Director Karan Verma said.
Economic Times

Chart Check: Dabur India hits fresh 52-week high in December; time to buy, sell or hold? - almost 2 years ago
The personal care maker hit a 52-week high of Rs 610 on 7 December 2022. It witnessed some profit taking but experts feel that technical setup suggests the next target is placed around Rs 660 level.The stock has breached a tiny falling trendline and immediate hurdle indicating a resumption of positive movement on the monthly charts.
Economic Times

Learn with ETMarkets: The difference between bonus shares & stock split - almost 2 years ago
Bonus shares are additional shares issued by the company to the existing shareholders without any cost but require regulatory and shareholders’ approval. The company that is low on cash but wants to provide benefits to the shareholders on their investment, hence, they issue bonus shares.
Economic Times

Is Uniparts India's flat listing a buying opportunity for you? - almost 2 years ago
However, the weakness in the broader market spilled on the shares of Unipart India too and the counter saw some more selloff post listing at Dalal Street. It dropped over 6% to Rs 539 on BSE.
Economic Times

After a 60% rally from its 52-week low, Kotak sees more upside in this stock - almost 2 years ago
Traffic levels across key stretches of IRB are holding up quite well, the brokerage said. The EPC arm is better placed than peers on a strong order book despite weak inflows so far from the NHAI, it said.
Economic Times

Japan's Nikkei falls as tech stocks drag ahead of Fed meet - almost 2 years ago
Tech and other so-called growth shares sagged after U.S. producer price data on Friday suggested inflation could prove more persistent than previously thought, ahead of a consumer price report on Tuesday and the Fed policy decision the following day.
Economic Times

Yes Bank rises over 7% after RBI nod to raise capital - almost 2 years ago
At 11.07 am, the scrip was trading 6.8% higher at Rs 21 over its last day’s closing price of Rs 19.7 per share. The stock has also surged nearly 63% in the last six months, while it has risen about 50% on a year-to-date basis.
Economic Times

Hot Stocks: Brokerages on Bharat Forge and Sun Pharma; JPMorgan see 28% upside in PNB - almost 2 years ago
BofA Securities maintained its buy rating on Sun Pharma with a target of Rs 1,000. Flattish llumya trend and the company is waiting for Winlevi Rx to pick up. Sun Pharma's global specialty revenue growth was 30% in H1FY23, this was largely aided by llumya ramp-up. Regulatory overhang continues.
Economic Times

Va Tech Wabag jumps 12%, hits 52-week high on securing Rs 260 crore order win - almost 2 years ago
The contract will be an Engineering & Procurement scope contract which includes design & engineering, equipment supply, installation, commissioning, and start-up of the Purolite Victoria WWTP. The project is scheduled to be executed over 24 months, the company said in a BSE filing.
Economic Times

Stocks to buy today: 8 short-term trading ideas by experts for 12 December 2022 - almost 2 years ago
Jamna Auto Industries: Buy| Target Rs 116| Stop Loss Rs 104
Economic Times

Uniparts India makes tepid D-St debut, lists at marginal discount - almost 2 years ago
The Rs 835.6 crore IPO of Unipart India was sold in the range of Rs 548-577 per share, and was overall subscribed more than 25.3 times between the three-day bidding process November 30 and December 2.
Economic Times

10 out of 12 PSU bank stocks hit record high this month. Is FII pack playing ring master? - almost 2 years ago
In the last one month alone, Punjab and Sind Bank is up nearly 71%, UCO Bank 55%, Union Bank of India 51%, Bank of India (BoI) 42% and Central Bank of India 39.5%. On a year-to-date (YTD) basis, Bank of Baroda (BoB), Indian Bank and Union Bank of India have more than doubled investor wealth.
Economic Times

Sensex tumbles over 400 pts; Nifty drops below 18,400; IT stocks lead fall - almost 2 years ago
The BSE Sensex was trading 438 points or 0.70% lower at 61,744. Nifty50 was trading at 18,378, down 118 points or 0.64% at around 9.18 am
Economic Times

Sensex loses over 400 points, Nifty drops below 18,400; Infosys falls 2% - almost 2 years ago
Sensex tumbles over 400 points; Nifty drops below 18,400; Infosys, HCL Tech fall up to 2%; 25 out of 30 stocks open in the red.
Economic Times

Learn with ETMarkets: The bdifference between bonus shares & stock split - almost 2 years ago
Bonus shares are additional shares issued by the company to the existing shareholders without any cost but require regulatory and shareholders’ approval. The company that is low on cash but wants to provide benefits to the shareholders on their investment, hence, they issue bonus shares.
Economic Times

Golden Crossovers: These 4 stocks signal further bullishness on Dec 12 - almost 2 years ago
In the BSE list of stocks, four stocks with a market cap of over Rs 500 crore are witnessing Golden Crossovers, according to stockedge.com's technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks' 50-day simple moving averages (SMA) crossed their 200-day SMAs on December 9. Take a look:
Economic Times

Apollo Hospitals Enterprise: Short-term sideways to bearish - almost 2 years ago
Apollo Hospitals Enterprise’s daily trend is bullish, however, in the last few trading sessions, it is showing weaknesses and closed in negative. Based on option chain analysis, the range is between 4400 and 4900. This is a wide range. Using the PCR ratio, it is at 0.5 and confirms weaknesses. Let’s plan a trade around that.
Economic Times

Uniparts India makes tepid D-st debut, lists at marginal discount - almost 2 years ago
The Rs 835.6 crore IPO of Unipart India was sold in the range of Rs 548-577 per share, and was overall subscribed more than 25.3 times between the three-day bidding process November 30 and December 2.
Economic Times

At multi-year highs: These 5 stocks gave 5-year breakouts in last session - Dec 9 - 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 9, suggesting bullishness in counters, according to stockedge.com's technical scan data. Take a look:
Economic Times

Chart Check: Dabur India hit fresh 52-week high in December; time to buy, sell or hold? - almost 2 years ago
The personal care maker hit a 52-week high of Rs 610 on 7 December 2022. It witnessed some profit taking but experts feel that technical setup suggests the next target is placed around Rs 660 level.The stock has breached a tiny falling trendline and immediate hurdle indicating a resumption of positive movement on the monthly charts.
Economic Times

Trader's Guide: 2 stocks with up to 8% upside potential - almost 2 years ago
Even as the Nifty remained under corrective pressure on Friday, the broader markets offer opportunities which are stock-specific.
Economic Times

10 out of 12 PSU bank stocks hit record high this month. Are FIIs playing ring master? - almost 2 years ago
In the last one month alone, Punjab and Sind Bank is up nearly 71%, UCO Bank 55%, Union Bank of India 51%, Bank of India (BoI) 42% and Central Bank of India 39.5%. On a year-to-date (YTD) basis, Bank of Baroda (BoB), Indian Bank and Union Bank of India have more than doubled investor wealth.
Economic Times

Stocks of these 27 companies are flying high & they have one thing in common - almost 2 years ago
If one looks at the stock performance, most of them have given positive returns consistently in the last three years. Industrial equipment maker Elpro International, GMM Pfaudler, Inox Wind, Asahi India Glass, Indian Hotels, and Blue Dart Express have given double-digit returns in the current financial year despite the volatility in the market.
Economic Times

HDFC Bank, UBL among 9 stocks set to rally in near term - almost 2 years ago
Volatility has tightened its grip on the domestic equity market as the benchmark indices have witnessed a sharp correction from record peaks. However, analysts see a number of opportunities for traders, where risk-reward ratio appears favourable. Based on their recommendations, here are nine stocks that are set to rally in the near term.
Economic Times

Stocks in focus: Trident Ltd, Indigo and more - almost 2 years ago
Nifty futures on the Singapore Exchange traded 43.5 points, or 0.23 per cent, lower at 18,547.50, signaling that Dalal Street was headed for a negative start on Monday. Here are some stocks which may buzz the most in today's trade.
Economic Times

Buy or Sell: Stock ideas by experts for December 12, 2022 - almost 2 years ago
ET Now spoke to various experts and here's what they have to recommend for today's trading session. CA Rudramurthy has a buy/sell recommendation on Bajaj Finance and ICICI Bank while Kunal Bothra has a buy/sell recommendation on Eicher Motors and Godrej Consumer for today's trading session. Check out the targets and stop-loss.
Economic Times

Vodafone Idea, ATC agree to extend Rs 1,600 cr debentures date till Feb 28 - almost 2 years ago
Vodafone Idea's proposal to issue Rs 1,600 crore debentures to mobile tower vendor ATC Telecom Infrastructure has lapsed in the absence of any response from the government on the conversion of interest dues into equity.
Economic Times

Corporate Radar: Kama Holdings results, Jainco Project board meeting & more - almost 2 years ago
Kama Holdings’ board will meet to consider and approve the audited condensed standalone and consolidated interim financial statements for the six month period ended September 30, 2022. Also, the company will meet for share buyback.
Economic Times

Big Movers on D-Street: What should investors do with Yes Bank, Punjab Sind Bank & Central Bank of India? - almost 2 years ago
Stocks that were in focus include names like Yes Bank which was up nearly 11%, Punjab and Sind Bank rose over 7%, and Central Bank of India rallied over 4%.Here's what Pravesh Gour, Senior Technical Analyst, Swastika Investmart at recommends investors should do with these stocks when the market resumes trading today:
Economic Times

Stock market’s defining moment arrives with CPI, Fed decision - almost 2 years ago
But after a tumultuous year that has the S&P 500 Index looking at its biggest annual loss since 2008, equity traders are prepared for one sure thing over the coming sessions: more volatility.
Economic Times

Stocks in the news: Uniparts, Airtel, NTPC, Vodafone Idea, Marico and Glenmark - almost 2 years ago
Uniparts India will be listed at bourses on Monday. Its Rs 835.6 crore IPO was open was open between November 30 and December 2, sold in the range of Rs 548-577. It issue was overall subscribed more than 25.3 times.
Economic Times

SGX Nifty down 40 points; here's what changed for market while you were sleeping - almost 2 years ago
Nifty futures on the Singapore Exchange traded 43.5 points, or 0.23 per cent, lower at 18,547.50, signaling that Dalal Street was headed for a negative start on Monday.
Economic Times

Asian shares dip ahead of central bank rate hikes - almost 2 years ago
GLOBAL-Asian shares dip, dollar firms ahead of central bank rate hikes
Economic Times

Budget 2023 may take up GIFT City AIFs' tax snags - almost 2 years ago
The Reserve Bank of India (RBI) allowed domestic investment in a GIFT City fund using the Liberalised Remittance Scheme (LRS), under which a resident Indian can invest up to $250,000 a year in stocks and properties abroad. But administrators of category 3 AIFs receiving such LRS money may have a tough time dealing with the taxman.
Economic Times

ADIA in advanced talks to put $400 m into Lenskart - almost 2 years ago
Investment mostly through secondary sale of shares; small primary sale will see infusion of growth equity.
Economic Times

Fund infusion by Jan-Feb must for Vi survival - almost 2 years ago
The concerns about the carrier have been made worse as government has had no indication of fresh promoter-level equity infusion into Vi, without which it is difficult to go ahead with the conversion into equity of the telco's ₹16,130-crore accrued interest on deferred adjusted gross revenue (AGR)-related dues.
Economic Times

Vastu Housing Finance to raise up to $300 million - almost 2 years ago
The company has assets of about ₹5,000 crore under management, primarily consisting of mortgages to the self-employed segment with an average ticket size of ₹13 lakh. Earlier this year it started a micro-housing business and is also building a commercial vehicle loan book through a subsidiary.
Economic Times

The script has changed, regional films trump Bollywood drama - almost 2 years ago
The trend is more prominent in the past ten months of 2022. The contribution of regional films to the gross box office collection of all films released in India in the past ten months of 2022 has touched a new peak of 60%. This is followed by 33% and 7% collections of Hindi and Hollywood films, respectively. The 60% collection of regional films released in India is at a seven-year high.
Economic Times