Stock Radar: Down nearly 40% from March 2022 highs! This IT company is showing signs of rebound - almost 2 years ago
The stock hit a 52-week high of Rs 3466 on 31 March 2022 but failed to hold on to the momentum. The stock bounced back after hitting a low of Rs 1897 on 19 December 2022.
Economic Times

Adani Group Debt: Banks' faith rests on cash earnings of companies - almost 2 years ago
The impact of the Moody's Investors Service report is likely to be different on the two groups of debt holders, bankers said. An immediate market reaction in a selloff could lead to mark-to-market losses on bond portfolios. For banks, the projection on pre-tax earnings provides visibility on payments for at least 18 months.
Economic Times

Stock Radar: Buy Mphasis for a target of Rs 2240, says Shivangi Sarda - almost 2 years ago
"Mphasis stock is bottoming out on the monthly frame and took support near 1900 zones. It has been making higher lows from the last seven weeks and the base is gradually shifting higher with buying seen at declines," Shivangi Sarda, Analyst, Derivatives and Technical Research, Motilal Oswal Financial Services Ltd, said.
Economic Times

Learn with ETMarkets | Options strategies: How traders can use vertical spreads, straddles, and strangles - almost 2 years ago
Someone with a bullish view on Reliance industries can simply buy an ITM call while another trader could sell a put to trade the same bullish view. We will explore some of the basic options strategies that most traders use in the rest of this article
Economic Times

Market Trading Guide: Tata Motors and DLF among 9 stock recommendations for Monday - almost 2 years ago
Indian shares declined on Friday, tracking a slide in global equities on fears that monetary policy tightening would slow down economic growth, and as the latest chapter in the Adani Group saga soured sentiment further. The Nifty 50 index closed 0.21% lower at 17,856.50, while the S&P BSE Sensex fell 0.20% to 60,682.70.Here are stock recommendations for Monday:
Economic Times

Metal stocks shed up to 10% last week. Here's why - almost 2 years ago
In Q3, steel companies also saw a decline in their profit, which led to a further fall in stock prices. Tata Steel in Q3 FY23 reported a consolidated net loss of Rs 2,224 crore for the December quarter, while the company had posted a profit of Rs 9,572 crore in the last-year same period
Economic Times

Appropriate resilience displayed by our regulators in not talking through media - almost 2 years ago
Similarly, more recently, when prices of some of these specific scrips started to fall because of certain market information, regulators were active through the ASM mechanism. In my opinion, our markets have a robust existing framework to shortlist scrip under ASM
Economic Times

How will Budget 2023 tax changes impact investors? - almost 2 years ago
Under the new tax regime, the rebate for income tax has been increased to Rs 7 lakh from the earlier limit of up to Rs 5 lakh. The budget announced that the new income tax regime will now be the default regime, but taxpayers can opt for the old regime. Now anyone earning up to Rs 7.5 lakh is kept outside the purview of income tax
Economic Times

Domestic market ownership rises for 5th quarter in a row to 24.44% in Dec - almost 2 years ago
Net inflows from domestic institutional investors (DIIs) stood at Rs 27,134 crore during the quarter, as against net inflows from foreign institutional investors (FIIs) at Rs 47,349 crore, resulting in their shareholding marginally increasing to 20.18 per cent in December 2022, from 19.98 per cent in September 2022, massively down from 23.30 per cent in March 2015, when the combined share of DIIs, retail and HNIs was only 18.47 per cent
Economic Times

IRCTC among 10 stocks that LIC bought and sold in Q3 - almost 2 years ago
Holdings of DIIs with retail and HNI investors reached another all-time high of 24.44% as on December 31, 2022, from 24.25% as on September 30, 2022, as per primeinfobase.com, an initiative of PRIME Database Group. Meanwhile, the share of LIC also increased and decreased in the number of stocks in Q3 of FY23. Key additions by LIC in the December quarter of 2022 were in IRCTC, Mphasis and Tech Mahindra, whereas it trimmed holdings in Bharat Petroleum, Tata Chemicals and NTPC.Here is a list of 10 stocks that LIC bought and sold in Q3 of FY23, according to the PRIME Database report:
Economic Times

IDFC, Sun TV Network among 7 stocks to trade ex-dividend on Monday - almost 2 years ago
The next one on the list is Emami, a midcap personal care product company with a market capitalization of Rs 18,214 crore. It has announced an interim dividend of Rs 4/share. Shares of Emami declined 0.34% to Rs 409.75 apiece on the BSE in Friday's trade
Economic Times

Six of top-10 firms lose Rs 49,231 crore in m-cap; HUL biggest laggard - almost 2 years ago
However, the combined market valuation gain of the four firms at Rs 35,840.35 crore was less than the total loss suffered by the six companies
Economic Times

High ROE: 6 stocks with the key elements for long-term wealth creation - almost 2 years ago
Every sector has its own operating matrix. Some require a high dose of capital at one point of time, others like banking and NBFC require a constant dose of capital both to grow and also what the regulator requires. But in both cases, what is more important is how efficiently the management uses capital so that shareholder returns are maximized. 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

High dividend yield bets for your portfolio; 3 stocks with yields more than 8% - almost 2 years ago
One of the arguments against investing on the basis of dividend yield is that the stock market is about capital gains, hence everyone is looking for capital gains. It is very rare to see a buy report coming purely on the basis of dividend yield. However when markets correct sharply, pretty much similar to what we have seen in the last couple of weeks, a dividend check is something which may bring a smile on an investor phase. For the purpose of this report, we had kept the dividend yield of at least 8 percent as a benchmark. The reason for this is that dividend yield should be higher than the interest rate provided by banks on FDs. Another condition was that the company should have a track record of paying dividends, without interruption, for at least four of the last five years.
Economic Times

FPIs' exodus continues; take out Rs 9,600 cr from equities in Feb - almost 2 years ago
One of the prominent reasons for this net outflow is higher valuation of Indian equities as against some of the other comparable markets. This has resulted in investments flowing out of Indian markets to other comparable markets such as Taiwan, South Korea, Japan among others, Srivastava said
Economic Times

6 stocks from agrochemical space which benefit from govt's focus on increasing agriculture yields; with upside potential of up to 54% - almost 2 years ago
A number of agrochemical companies have been implementing backward integration due to focus on make in India and also they have been aggressively moving towards increasing their presence in the global market. Backward integration and capacity building is likely to pay dividends in the long term.
Economic Times

Why Adani's $100 billion loss hasn't tanked Indian markets - almost 2 years ago
India's main market index is nearly 2.5% above where it stood a year ago, even as U.S. stocks have fallen by more than 4% during the same period.
Economic Times

Inflation data, earnings, Adani developments among 7 factors to drive D-Street this week - almost 2 years ago
“We have certainly weathered the storm, and the market has digested most of the pain from the recent fiasco. Now since we are trading around the crucial juncture, the market is awaiting some solid trigger to come off the recent slumber phase,” said Sameet Chavan, chief analyst - of technical and derivatives at Angel One.
Economic Times

Inflation, earnings, Adani developments among 7 factors to drive D-Street this week - almost 2 years ago
“We have certainly weathered the storm, and the market has digested most of the pain from the recent fiasco. Now since we are trading around the crucial juncture, the market is awaiting some solid trigger to come off the recent slumber phase,” said Sameet Chavan, chief analyst - of technical and derivatives at Angel One.
Economic Times

Why Indian market won’t fall much & will always be a bit expensive - almost 2 years ago
“Indian markets are always expensive on the PE ratio or on any other parameters. In an economy India's size, which is expected to grow at around 6%, the market would not be cheap even though the foreign investors have been exiting. If an economy has to grow at almost the highest rate in the world, then that is where the money will come in, making the market expensive.”
Economic Times

Public investors' faith in these 8 stocks leaves big holes in their portfolios - almost 2 years ago
At the other end of the spectrum, Bharat Dynamics, which has also seen a consistent rise in public shareholding, has rewarded investors handsomely. The stock has rallied over 81% in the last one year. It is trailed by another stock from the defence space Hindustan Aeronautics which has risen over 75%.
Economic Times

iPhone holding investors betting 3x more money than Android users: ICICI Sec - almost 2 years ago
The average revenue generated in FY23 stood at Rs 18,800 for iOS users compared with Rs 7,200 for android users, the brokerage said. The iOS users have an average product per customer (ppc) of 3.6, while android users have 2.5.
Economic Times

'Flexicap funds should be considered from 3-5 yrs' investment perspective' - almost 2 years ago
"A flexicap fund requires at least 65% of the scheme's corpus invested in equity investments with exposure to equity or capital markets. The primary objective of this mutual fund category is to generate wealth over a longer period of time."
Economic Times

Himadri Speciality Chemical Q3 Results: Net profit more than doubles YoY to Rs 65 crore - almost 2 years ago
Global LIB demand is going to grow from a current level of 800 GWh to 6,000 GWh by 2030 at a CAGR of 31 per cent. After China, India has become the second most attractive market for manufacturing which will also witness significant growth in this sunrise sector.
Economic Times

ECB must avoid unnecessary rise in real interest rates, says Ignazio Visco - almost 2 years ago
"Today, disinflation is obviously needed, but given the levels of private and public debts that prevail in the euro area, we must be careful to avoid engineering an unnecessary and excessive rise in real interest rates," Visco told the Warwick Economics Summit.
Economic Times

ECB must avoid unnecessary rise in real interest rates - Visco - almost 2 years ago
"Today, disinflation is obviously needed, but given the levels of private and public debts that prevail in the euro area, we must be careful to avoid engineering an unnecessary and excessive rise in real interest rates," Visco told the Warwick Economics Summit.
Economic Times

ABB India mulls utilising Rs 1,800 cr for acquisitions to drive growth - almost 2 years ago
Sharma stated that its electronics, railways & metro, data centres, warehouse & logistics and renewables segments are growing at a high rate of 15 per cent and above.
Economic Times

Infrastructure, banks, EVs, and green energy key themes in FY24 - almost 2 years ago
Infrastructure, banks, EVs, and Green Energy key themes in FY24
Economic Times

​Nykaa, Titan among top stocks drawing attention of Morgan Stanley analysts - almost 2 years ago
Morgan Stanley analysts are cautious over India's relative returns in 2023 due to the recovery in emerging markets, but are optimistic on improvement in absolute returns over 2022. The global brokerage has set a target of 68,500 till December 2023 for BSE Senex, which implies an upside potential of 13%. In this scenario, the brokerage has set its eyes on 10 stocks from various sectors.
Economic Times

Nykaa, Titan among 10 stocks drawing attention of Morgan Stanley analysts - almost 2 years ago
Morgan Stanley analysts are cautious over India's relative returns in 2023 due to the recovery in emerging markets, but are optimistic on improvement in absolute returns over 2022. The global brokerage has set a target of 68,500 till December 2023 for BSE Senex, which implies an upside potential of 13%. In this scenario, the brokerage has set its eyes on 10 stocks from various sectors.
Economic Times

Small with big gains! Investors may look at buying smallcaps in 2023 for long term - almost 2 years ago
Last year, smallcap stocks were the most affected by the subdued performance of the Indian stock market, destroying the wealth of small investors
Economic Times

Weekly Top Picks: 5 stocks with an upside potential of up to 39% - almost 2 years ago
Budget 2023, RBI policy and events around Adani group ensured that Nifty stays in volatile mode with bearish bias. However, even during this period, there are still some pockets where stocks have seen an improvement in their analyst scores. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
Economic Times

Nasdaq falls as Treasury yields rise, Lyft plunges - almost 2 years ago
Yields on the benchmark 10-year Treasury note rose to their highest in more than a month following an auction on Thursday of 30-year bonds that saw weak demand.
Economic Times

Look at PEG ratio, not P/E. 3 stocks that can be possible wealth creators - almost 2 years ago
As Nifty and broader market corrects, judged on the basis of price earning (PE) ratio some stocks may start to look cheap. More often than not, relying on PE may lead to wrong investment decisions given the huge difference in what is value and what looks cheap due to one financial ratio. The PEG ratio is a better indicator than many other ratios especially P/E which is followed by the majority. The selected list applies different algorithms for all BSE and NSE stocks. For the purpose of this article, we have taken only NSE stocks into consideration.
Economic Times

Bears might take control if Nifty fails to reclaim 18000 next week: Rupak De - almost 2 years ago
The broader market indices have formed a bullish reversal pattern on the daily timeframe. The Nifty Midcap Index has moved up after forming a hammer pattern on the daily chart, whereas, the Nifty SmallCap index has formed a bullish harami pattern.
Economic Times

Adani group firms pledge shares for lenders of flagship company: SBI Cap Trustee - almost 2 years ago
The Adani group, controlled by billionaire Gautam Adani, has lost more than $100 billion in market value since Jan. 24, when a U.S. short seller issued a scathing report on the apples-to-airports conglomerate.
Economic Times

As bears grip Sensex, bulls ride on smallcaps; 61 stocks give double-digit weekly returns - almost 2 years ago
Analysts remain broadly positive on the capital goods space as higher spending by the government will drive orders and boost revenue visibility for the companies in this sector.
Economic Times

Learn with ETMarkets: How cash flows is a measure to understand an entity's present financial health! - almost 2 years ago
If a business faces a cash crunch, it would disrupt the functioning of the business and will face difficulties in funding for future growth initiatives.
Economic Times

Adani group firms pledge shares for lenders of flagship company - SBI Cap Trustee - almost 2 years ago
The Adani group, controlled by billionaire Gautam Adani, has lost more than $100 billion in market value since Jan. 24, when a U.S. short seller issued a scathing report on the apples-to-airports conglomerate.
Economic Times

Mind Over Money: How 60-90 mins of badminton help this CEO in strategy formation - almost 2 years ago
Over the period, I have realized two things, this is a Marathon and not a 100 meters sprint race, so one needs to build longevity in professional life, and this is a business of relationships and not of transactions.Transactions are incidental to the relationships that you build over a long period of time.
Economic Times

Learn with ETMarkets: Cash Flows: A measure to understand a company’s present financial health! - almost 2 years ago
If a business faces a cash crunch, it would disrupt the functioning of the business and will face difficulties in funding for future growth initiatives.
Economic Times

Mind Over Money: Badminton not only keeps this CEO fit but also formulate strategy. Here's how - almost 2 years ago
“I try to play badminton almost every day, though the work nature and extensive travel does not allow that liberty,” says Abhijit Tare, Managing Director & CEO, Motilal Oswal Investment Advisors Ltd.
Economic Times

Mind Over Money: How 60-90 mn of badminton help this CEO in strategy formation - almost 2 years ago
Over the period, I have realized two things, this is a Marathon and not a 100 meters sprint race, so one needs to build longevity in professional life, and this is a business of relationships and not of transactions.Transactions are incidental to the relationships that you build over a long period of time.
Economic Times

Adanis hire NY law firm to fight case against Hindenburg report - almost 2 years ago
The Adani Group hiring one of the most expensive law firms in the US also reflects the tremendous pressure that the group is currently under, a report by Financial Times said.
Economic Times

Brokerages retain bullish calls on Zomato, but cut price targets - almost 2 years ago
On aggregate, analysts cut consensus targets by 1.53% to Rs 80.7 apiece, which presents a 51% upside potential from the current levels
Economic Times

MSCI adds BoB, CG Power in rejigged India Index - almost 2 years ago
MSCI has marginally increased the weights of Reliance Industries, HDFC, Infosys, ICICI Bank, and TCS. The other stocks where outflows could be seen due to a reduction in weightage include HCL Technologies ($97 million), Jindal Steel & Power ($19 million), Shriram Finance ($14 million), and ACC ($12 million), according to Nuvama.
Economic Times

Axis trustees, bondholders move SC over Yes Bank writedown - almost 2 years ago
On March 5, 2020, Yes Bank was put under a moratorium by the RBI and later a reconstruction scheme was put in place with State Bank of India as the majority equity shareholder and a clutch of more than half a dozen domestic banks picking equity stake in the lender
Economic Times

Nasdaq edges lower, Lyft sinks on dour outlook - almost 2 years ago
Yields on the benchmark 10-year Treasury note rose to their highest in more than a month following an auction of 30-year bonds that saw weak demand
Economic Times

ECB rates must rise significantly; broad disinflation not happening: Schnabel - almost 2 years ago
The ECB has raised interest rates by 3 percentage points since July and promised a 50 basis-point hike for March, and Schnabel would not rule out another 50 basis-point move in May as well.
Economic Times

Promoter Kanoria offer to make full payment to lenders of twin Srei Companies - almost 2 years ago
Adisri offered Rs 3000 crore upfront payment and the balance as deferred payment in the form of non-convertible debentures (NCD), optional convertible debentures (OCD) and equity
Economic Times