Volatility provides buying opportunities in fundamentally strong smallcaps; 5 stocks with high ROE - almost 2 years ago
Even in volatile phases of markets, there are stocks which attract the attention of markets. The reason, volatility which is caused more due to news flow around a sector or group tends to be short lived and many institutional investors tend to use this as a buying opportunity. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with high upside potential over the next 12 months, having an average recommendation rating of “Buy” or "Strong Buy".
Economic Times

Ipca Labs shares drop over 5% on weak Q3 results. What should investors do? - almost 2 years ago
EBITDA before forex declined 15% to Rs 262.82 crore in the third quarter of 2022 from Rs 310.83 crore posted in the same quarter of FY22. EBITDA margin reduced to 16.67% in Q3 FY23 as compared with 21.53% reported in the same period last year
Economic Times

HDFC raises Rs 25,000 cr via local bond issue; here's what Keki Mistry had to say - almost 2 years ago
HDFC raises the largest-ever Rs 25,000 cr via a local bond issue. Keki Mistry of HDFC speaks to ET NOW on demand trends for their bonds. Here's what he had to say.
Economic Times

Pricol slips into red after hitting 52-week high; here's why - almost 2 years ago
As Managing Director and representative of the Promoter Group of Pricol Limited, I would like to reiterate that the Promoter group stands absolutely committed to the company and its future prospects,” Vikram Mohan, Managing Director of Pricol said.
Economic Times

Two stocks, that have doubled investors' wealth in 1 year, to trade ex-dividend today - almost 2 years ago
When a company goes ex-dividend on a particular date, its stock does not carry the value of the next dividend payment. Usually, an ex-dividend date is set one or two days before the record date. An ex-dividend date also dictates which shareholders are eligible to receive the dividend payment
Economic Times

Gladiator stock: Infosys can rally up to 9% from current levels - almost 2 years ago
ICICI Direct, in a report said, the IT index is currently on the cusp of breaking above last nine month’s range (31470-26190) signalling extension of the up move.
Economic Times

Hot Stocks: Brokerages view on ONGC, Vodafone Idea, Nestle, KFin - almost 2 years ago
We value VIL at 11.5x FY25F EV/EBITDA, with a lower TP of INR5 (INR8 earlier) on factoring in the equity dilution following debt conversion of Rs 161 bn and aligning our model for 9MFY23 performance, said the brokerage
Economic Times

ITC, 3 banks among 10 stocks that received price upgrades in one month - almost 2 years ago
A host of stocks received upgrades in target prices from a number of brokerages in the last one month. These stocks are from various sectors, including banking, IT, FMCG among others. Here are 10 stocks that received target price upgrades from the highest number of brokers in the past month. (Source: Trendlyne)
Economic Times

Turning tide? Midcap, smallcap funds see 2x more inflows than largecaps in last 3 quarters - almost 2 years ago
Midcap funds saw net inflows of Rs 14,632 crore in the last three quarters, and smallcap funds saw inflows of Rs 15,172 crore. Meanwhile, the net inflows into large cap funds was Rs 6,392 crore in the same period.
Economic Times

Trader's Guide: These 2 Nifty stocks can rise up to 4% - almost 2 years ago
On Thursday, the markets opened on a positive note but gave up most of their gains as the day progressed, with the Nifty ending with a negligible increase. Meanwhile, the banking and financial sector appears to be in a consolidation mode.
Economic Times

Two stocks, one which is getting ready for a breakout, second with sideways to bullish options - almost 2 years ago
Its price has surpassed a multi-month horizontal trendline resistance. The price had been in an uptrend and making higher lows but had been unable to surpass the resistance. The breakout candle is supported by a rise in volume which increases the reliability of the breakout. This breakout opens up further upside till the previous peak.
Economic Times

Sensex loses over 200 points, Nifty below 18,000; Pricol gains 5% - almost 2 years ago
Sensex drops over 200 points, Nifty below 18,000; Pricol gains 5%, Nestle India sheds 3%; Voda Idea, Adani Power among most active stocks on NSE.
Economic Times

Sensex, Nifty decline on Fed rate hike worries - almost 2 years ago
"Nifty is likely to remain in the range 17800- 18200. As of now, there are no triggers to break this range in both directions," V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.
Economic Times

Stocks to buy today: 5 short-term trading ideas by experts for 17 February 2023 - almost 2 years ago
"In case we see a lower high and lower close on Feb 17 compared to Feb 16, then the present upmove could be termed as over. 18135-17881 could be the new trading band for the Nifty in the near term," said Deepak Jasani, Head of Retail Research, HDFC Securities.
Economic Times

Multibagger stocks: 9 FII sweethearts rally up to 533% in 1 year. Time to buy? - almost 2 years ago
An analysis of stocks with a market capitalisation of over Rs 500 crore shows that FIIs have raised their bets in these 9 multibaggers that have rallied up to 533% in the last one year.
Economic Times

Buy or Sell: Stock ideas by experts for February 17, 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 ONGC and Mahanagar Gas while Kunal Bothra has a buy/sell recommendation on Indian Hotels and Firstsource for today's trading session. Check out the targets and stoploss.
Economic Times

Big Movers on D-St: What should investors do with Tanla Platform, Tejas Networks and VIP Industries? - almost 2 years ago
Stocks that were in focus include names like Tanla Platforms which was up over 8%, Tejas Networks rallied nearly 8%, and VIP Industries closed flat on Thursday.
Economic Times

Stocks in focus: Railtel, BEML and more - almost 2 years ago
Nifty futures on the Singapore Exchange traded 88 points, or 0.49 per cent, lower at 17,980, signaling that Dalal Street was headed for a negative start on Friday. Here are some stocks which are expected to see some action in trade today.
Economic Times

US stock market: Wall Street ends down sharply as data fuels rate-hike worries - almost 2 years ago
Thursday's economic data and other reports this week paint a picture of still-stubborn inflation and an economy that remains relatively strong in the face of the Fed's rate hike campaign.
Economic Times

Asian shares skid as rate-hike fears unnerve investors - almost 2 years ago
Asian equities slipped on Friday, while the dollar hovered around six-week highs as economic data and hawkish comments from Federal Reserve officials revived fears that the U.S. central bank will stick to its monetary tightening path.
Economic Times

SGX Nifty down 90 points; here's what changed for market while you were sleeping - almost 2 years ago
Option data suggests a broader trading range in between 17700 to 18300 zones while a shift in immediate trading range in between 17850 to 18200 zones.
Economic Times

Sebi seeks F&O trade info from desi hedge funds - almost 2 years ago
The Securities and Exchange Board of India (Sebi) communicated this in an email to several funds on Thursday, a fund industry person told ET. The AIFs were told to share the information by Friday afternoon.
Economic Times

Stock platforms eye LRS relief for retail investors - almost 2 years ago
Stock investment platforms such as IndMoney, Vested Finance and Stockal, among others, think the proposed increase in TCS on such transactions will deal a blow to the wealth management industry and hurt retail investors, sources added. Around eight such platforms are expected to jointly write to the Central Board of Direct Taxes and other stakeholders soon.
Economic Times

Bank of Baroda, Indian Overseas Bank hike lending rates; SBI also nudges up its deposit rates - almost 2 years ago
State-owned Bank of Baroda (BoB) has increased its MCLR by 5 bps across all tenors from February 12. The bank has revised one-year MCLR to 8.55% from 8.5%. The overnight, one-month and three-month MCLRs stand at 7.9, 8.2 and 8.3%, respectively, according to its website.
Economic Times

IT stocks advance for third day, TCS hits 9-month high - almost 2 years ago
The Nifty IT index, which surged to highest levels since May last year, closed at 31,434 on Thursday, up 1.62% over the previous day. The Nifty ended at 18,038, up 20 points or 0.11% after rising 0.66% in the morning trade. The Nifty IT index has gained 3.8% in the past three days.
Economic Times

Stock Radar: Double-bottom formation on India’s largest company by m-cap makes it an attractive buy; here’s why - almost 2 years ago
RIL with a market capitalisation of over Rs 16 lakh crore, the highest among Indian companies, hit a 52-week high of Rs 2,855 on April 29, 2022, but failed to hold on to the momentum
Economic Times

Shobha Gangwal sells IndiGo stake for Rs 2,944 cr - almost 2 years ago
Rakesh Gangwal, his wife Shobha Gangwal, and their family trust, all of which are part of the promoter group, held a 33.78% stake in the airline company as of December 2022. In February last year, besides stepping down from the company's board, Rakesh Gangwal, the co-founder of India's largest carrier, announced his decision to reduce stake in the company slowly.
Economic Times

Adani stocks rise after MSCI allows 'special treatment', 3 hit upper limit - almost 2 years ago
The index service provider said it will defer the implementation of cuts in the weights of Adani Total Gas and Adani Transmission to May, when it reviews the indices next, in light of "potential replicability issues due to impact from price limit mechanisms in specific securities."
Economic Times

CCI gives nod to deal involving VVDN Technologies - almost 2 years ago
The proposed combination relates to acquisition of shareholding by the Kotak Special Situations Fund (KSSF) and Kotak Pre-IPO Opportunities Fund (KPIOF) through a combination of secondary share purchases of equity shares and subscription to compulsorily convertible debentures of VVDN Technologies, according to CCI
Economic Times

India to record highest growth among world economies: Ray Dalio - almost 2 years ago
“From the last 10 years of study and based on what we are seeing for the country, India will have the biggest and fastest growth rate. This country will see the biggest transformation among the rest of the countries of the world.”
Economic Times

Wall Street slides as inflation, jobless claims data fuel rate-hike angst - almost 2 years ago
At 10:09 a.m. ET, the Dow Jones Industrial Average was down 383.90 points, or 1.12%, at 33,744.15, the S&P 500 was down 46.70 points, or 1.13%, at 4,100.90, and the Nasdaq Composite was down 136.01 points, or 1.13%, at 11,934.59
Economic Times

MSCI defers decision on 2 Adani group firms' weightages in indices - almost 2 years ago
MSCI said the reversal of the updates to these two securities in the February 2023 index review will be reflected in the MSCI Index Product files starting from February 16
Economic Times

Stock Radar: Buy RIL for a target of Rs 2550 in next 1 month, says Vaishali Parekh - almost 2 years ago
"RIL stock price has witnessed a decent correction from the 2750 levels and has bottomed out near the 2300 zone which is a good support level of the previous low made forming almost a double bottom formation on the daily chart," Vaishali Parekh, Vice President - Technical Research, Prabhudas Lilladher Pvt. Ltd, said.
Economic Times

ECB faces new communication challenge as inflation falls - almost 2 years ago
The ECB has already promised another large rate hike in March and policymakers are also hinting at a move in May, pushing up mortgage costs, thwarting corporate investment and raising governments' debt burden just as consumers feel their first price relief in a year
Economic Times

ECB chief economist sees small impact from bond unwind - almost 2 years ago
The ECB plans to cut its debt pile by 15 billion euros a month from March but this figure will be revisited and some policymakers have already called for quicker pace from the third quarter
Economic Times

US stocks open lower as producer prices rebound - almost 2 years ago
The S&P 500 opened lower by 32.85 points, or 0.79%, at 4,114.75, while the Nasdaq Composite dropped 174.28 points, or 1.44%, to 11,896.31 at the opening bell
Economic Times

Capacity ramp-up, improving realisation augur well for NMDC - almost 2 years ago
NMDC’s sales volume increased by 13.6% sequentially to 9.6 million tonne. Realisation fell by 2% from the previous quarter and by 35% year-on-year to Rs 3,840 per tonne amid lower demand as a majority of companies that use iron ore as an input reported subdued performance
Economic Times

ECB's Panetta calls for small rate hikes as inflation falls - almost 2 years ago
The ECB raised rates by a historically large 50 basis points earlier this month and pre-announced another increase of the same size for March 16 as it extended a dogged fight against high inflation in the euro zone
Economic Times

Sebi mandates brokers, depositories to maintain websites - almost 2 years ago
A designated website brings in transparency and helps the investors to keep themselves well informed about the various activities of the Stock broker and Depository participant
Economic Times

Gangwal family sells another 4% stake in InterGlobe Aviation for Rs 2,944 cr - almost 2 years ago
Gangwal sold 1.56 crore shares at an average price of Rs 1,887 a share. The price was at a discount of about 5% to Wednesday’s close price
Economic Times

Fed's Mester says more rate hikes needed to combat inflation - almost 2 years ago
Mester, who does not have a vote on the Federal Open Market Committee this year, noted she would have been open to a larger rate rise at the gathering
Economic Times

​These 9 stocks slip to a new 52-week low; tumble up to 72% in a month​ - almost 2 years ago
The benchmark index Sensex closed with mild gains of about 44 points on Thursday to end at 61,319. During this choppy trade, nine stocks from the BSE 500 index have slipped to their 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

Trading Guide: Raymond among 5 stock recommendations for Friday - almost 2 years ago
Indian indices ended marginally higher on Thursday — in the green for third consecutive day — in tune with strong global cues. Volatility was witnessed during the last minutes of trading hours as concerns over rising inflation and fears of monetary tightening worldwide hit the sentiment. The BSE Sensex eked out gains of 44.42 points to settle at 61,319.51. Nifty ended marginally higher at 18,035. From the Nifty pack, ONGC, Tech Mahindra, Apollo Hospitals, Divis Labs and Nestle were the top gainers, while top losers included BPCL, HDFC Life, HUL, M&M and Bajaj Finance.“Nifty continued its yesterday’s bullish momentum and witnessed a gap-up opening and formed an intraday high at 18134.75 levels in the initial 30 mins candle. Nifty has witnessed some selling from the highs but as a sigh of relief, for bulls, prices were able to close above the 18,000 mark on the daily time frame.“The momentum oscillator RSI (14) on the daily chart has witnessed a horizontal trend line breakout above 52 levels with a bullish crossover on the cards. The index remains in a buy-on-dips mode as of now with immediate support placed at 17,900 levels and the near-term resistance capped below 18,200 levels,” said Rohan Patil, Technical Analyst, SAMCO Securities.Here are the stock recommendations for Friday:
Economic Times

360 One Wam fixes record date for stock split, bonus issue - almost 2 years ago
Further, the company has also approved a bonus issue in the proportion of 1:1, which means for every equity share an investor holds, an additional share will be credited.
Economic Times

Tech Mahindra shares jump 13% in 2 days - almost 2 years ago
In constant currency terms, sales grew 0.2% sequentially and were largely on expected lines. Operating profit, calculated as earnings before interest, taxes, depreciation, and amortization (EBITDA), rose 8% sequentially and 4% YoY to Rs 2,144 crore
Economic Times

Tech View: Nifty charts hint at consolidation ahead. What should traders do on Friday - almost 2 years ago
India VIX moved up by 0.23% from 12.86 to 12.89 levels. Volatility was slightly up and needs to sustain at lower zones for bull’s way in the market
Economic Times

Sensex ekes out 44-point gains on IT boost, strong US data - almost 2 years ago
From the Sensex pack, Tech Mahindra was the top gainer, rising over 5%. Nestle India, Tata Steel, NTPC, TCS Asian Paints, Wipro and Infosys also closed with gains
Economic Times

Aurobindo Pharma gets VAI classification, US FDA gives nod to two facilities - almost 2 years ago
The US Food Drug and Administration (USFDA) concluded that the inspection classification of Aurobindo Pharma's wholly owned subsidiary, APL Healthcare's facility of telangana is Volunatry Action Indicated (VAI).
Economic Times

Paytm completes Rs 850 crore-share buyback within 3 months of launch - almost 2 years ago
Share buyback through the open market is favourable for companies, but not for shareholders. A company keeps buying its shares from the open market at the market price
Economic Times

Sensex up 44 points; Nifty holds 18,000; SpiceJet rallies 12% - almost 2 years ago
Closing Bell: Sensex ekes out 44-point gain; Nifty holds 18,000; SpiceJet rallies 12%, IndiGo sheds 5%.
Economic Times