FPI inflow continues in Dec; equities corner Rs 11,119-cr foreign investment - almost 2 years ago
"Despite correction in the markets, increasing concerns over re-emergence of Covid in some parts of the world and recession worries in the US. FPIs remained net buyers in the Indian equity markets (in December)," Himanshu Srivastava, Associate Director - Manager Research, Morningstar India, said.
Economic Times

Covid trend, auto sales, US Fed minutes among 7 factors that will drive D-Street this week - almost 2 years ago
“Epidemic preventions and controls are entering a new phase...Everyone is working resolutely, and the light of hope is right in front of us,” China President Xi Jinping reportedly said.
Economic Times

Mcap of eight of top-10 firms jumps Rs 1.35 lakh cr; SBI, Reliance major winners - almost 2 years ago
Tata Consultancy Services' (TCS) mcap went higher by Rs 11,690.67 crore to Rs 11,92,576.32 crore and that of ICICI Bank gained Rs 8,221.94 crore to Rs 6,21,588.34 crore.
Economic Times

Covid trend, auto sales, US Fed minutes among 7 factors that will drive D-Street next week - almost 2 years ago
“Epidemic preventions and controls are entering a new phase...Everyone is working resolutely, and the light of hope is right in front of us,” China President Xi Jinping reportedly said.
Economic Times

Stock picks in 2023: Which are stocks on market experts' are betting their money on - almost 2 years ago
Will India's outperformance continue in 2023? Sanjiv Bhasin of IIFL Securities Ltd Markets, Siddhartha Bhaiya of Aequitas Investments and Jigar Mistry of Buoyant Capital reveal their top stock picks for the new year. The market experts share where they are betting their money on, and share how to identify outperforms in 2023. (ET Now)
Economic Times

Outlook 2023: Financials, cement, infra, renewable energy stocks to hog limelight next year - almost 2 years ago
One of the most prominent trends during 2022 was the jump in retail investors. This spike in number was also due to the spawn of online trading platforms which may be apps in many cases that seem to stick to investors' imagination.
Economic Times

Sensex world's second best performing index in 2022. Will the magic sustain in 2023? - almost 2 years ago
The geopolitical tensions between Russia and Ukraine had a cascading effect on other world economies as commodity prices skyrocketed, inflation hit multi-decades high in the US and Europe and forced central banks to hike interest rates like never before.
Economic Times

Sweet ending to 2022: 264 smallcap stocks give double-digit weekly returns - almost 2 years ago
Poonawalla Fincorp Ltd, Arvind Smartspaces, Suryoday Small Finance Bank, Sharda Cropchem, and Titagarh Wagons, and South Indian Bank, among others.
Economic Times

2 factors that may set the trend in commodity market in 2023 - almost 2 years ago
Meanwhile, a two-decade-high US dollar and concerns over the economic downturn in China, the largest commodity consumer, eased most of such gains in the second half of the year.
Economic Times

Party time: These QSR stocks can deliver over 48 % returns, say analysts - almost 2 years ago
There are some sectors which have strong positive co-relationship with festive and holiday season spending by consumers. Quick restaurant space( QSR ) companies is one such sector. There are two busy seasons for this sector. First is the holiday season in the middle of the year, second one comes in the third quarter of the calendar year. Will the holiday season and increased discretionary spending help the stocks gain attention once again.
Economic Times

Top stock picks for 2023: RIL and Maruti among 9 stock ideas from ICICI Direct - almost 2 years ago
Ahead of the beginning of 2023, domestic brokerage ICICI Direct said we believe in domestic-oriented sectors like banks, capital goods, infrastructure, and logistics, which will continue to be the beneficiaries of massive capex spending by the government/private sector and recovery in margins/profitability.The brokerage firm believes domestic sectors like retail, real estate, and auto ancillaries (domestic focused) will also provide good opportunities for the medium to long term.
Economic Times

Weekly Top Picks: Seven stocks with consistent score improvement and upside potential of up to 60% - almost 2 years ago
Even as the broader market indices witness volatile movement, there are 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

Ideas for 2023: Top 10 largecap stocks which may deliver up to 41% - almost 2 years ago
Correction, volatility, recovery, these are a couple of words which dominated Dalal street in 2022. What words will dominate 2023; bull run, bearish phase, underperformance or nifty makes new high. Whatever might be the other words, one word is sure to dominate “large cap stocks” and there are reasons for it. There is enough evidence to prove that having large cap stocks in one's portfolio is a better option when markets are trading at rich valuations.
Economic Times

Rewind 2022: Lessons that stock market investors learnt - almost 2 years ago
Inflation is a part and parcel of life pinching us every few years. 2022 proved that classic inflation hedges don’t always work. Despite high inflation, we witnessed flat prices in gold. Our portfolio needs to be well-diversified across asset classes with well-balanced investing among sectors.
Economic Times

ET Money Show: How small Saving Schemes have performed in 2022 and what to expect in 2023 - almost 2 years ago
Equity markets often witness high volatility and put investors' money at risk. Those averse to risk and volatility often invest in Small Savings Schemes, which are savings instruments managed by the central government. They are popular as they not only provide returns that are generally higher than bank fixed deposits but also come with a sovereign guarantee and tax benefits. And as the year 2022 draws to a close, it is time that we review how various small saving schemes have performed this year and what we can expect going ahead.
Economic Times

After $18 trillion rout, global stocks face more hurdles in 2023 - almost 2 years ago
Optimists may point out that the rate-hiking peak is on the horizon, possibly in March, with money markets expecting the Fed to switch into rate-cutting mode by the end of 2023. A Bloomberg News survey found 71% of top global investors expect equities to rise in 2023.
Economic Times

Volatility traders are vindicated in 2022 market roller coaster - almost 2 years ago
“There were a lot of opportunities for volatility traders on both sides,” said Chris Murphy, co-head of derivatives strategy at Susquehanna International Group.
Economic Times

Nomura India ECM Head Mangesh Ghogre quits - almost 2 years ago
Mangesh Ghogre joined Nomura to head the equity capital markets business in June 2016. Under his leadership, Nomura has emerged as a top IPO player having completed 27 IPOs. Few of the marquee deals include $2.7-billion LIC IPO, $1.4 bn SBI Card IPO, $750 million Sona Comstar IPO, $1.5 bn HDFC Life IPO, $1 bn Bajaj Finance QIP, $750 million SBI Life OFS, $500 million Blackstone block deal in Sona Comstar.
Economic Times

As roads split in 2022 stocks, one trade made all the difference - almost 2 years ago
“2022 was the year the tide went out and we got to see who was swimming naked,” said Andrew Adams at Saut Strategy. “It’s the first year in a while that required doing something other than just buying the dips and holding to make money.”
Economic Times

Roadmap for 2023: What equity, debt investors can expect from the new year - almost 2 years ago
Every year brings with it new opportunities and the same can be said of the coming one. However, it is up to you, the investor, to read the cues carefully and make decisions which have higher chances of providing better risk-adjusted returns in the long run.
Economic Times

China Dec manufacturing contracts sharply as COVID infections soar - almost 2 years ago
Economists in a Reuters poll had expected the PMI to come in at 48.0. The 50-point mark separates contraction from growth on a monthly basis.
Economic Times

Wall Street Week Ahead: Stumbling treasury rally clouds bond market outlook for 2023 - almost 2 years ago
But while bonds rebounded in October and November, prices have retreated over the last few weeks, as investors digested stronger-than-expected U.S. economic data and as China reopened from COVID-19 restrictions, which some believe could add to price pressures in the new year.
Economic Times

COVID haunts D-Street bulls again as Nifty 50 sees worst December in 9 years! - almost 2 years ago
The party spoiler for equities was yet again COVID. The staggering increase in the number of cases and deaths in China resurfaced concerns over its spread to the neighbouring countries and the subsequent impact on mobility and business activities.
Economic Times

Inflation, recession and earnings among factors to drive US stocks in 2023 - almost 2 years ago
Inflation, and the Fed's degree of aggressiveness in trying to contain it, will likely remain a critical factor driving equity performance as 2023 gets under way.
Economic Times

Fed reverse repo facility hits record $2.554 trillion - almost 2 years ago
USA-FED/Fed reverse repo facility hits record $2.554 trillion
Economic Times

Dalal Street shines bright among peers as new stars take the lead - almost 2 years ago
Shares of public sector companies—mainly banks—were the stars on Dalal Street after a hiatus, while IT stocks—last year’s outperformers—were laggards.
Economic Times

Wall Street ends 2022 with biggest annual drop since 2008 - almost 2 years ago
Wall Street's three main indexes booked their first yearly drop since 2018 as an era of loose monetary policy ended with the Federal Reserve's fastest pace of rate hikes since the 1980s.
Economic Times

NCLT admits IDFC First's plea against Marvel Realtors - almost 2 years ago
IDFC First Bank had sanctioned a term loan of ₹48 crore in favour of Marvel Realtors & Developers at an interest rate of 17.5% per annum in July 2017. As per the loan agreement, the debt was scheduled to be repaid in 48 monthly instalments and the principal amount was to be repaid in 10 instalments.
Economic Times

L&T Finance, L&T Infra Credit sell Rs 1,827-cr loan to Arcil - almost 2 years ago
L&T Finance does not disclose its gross or net non-performing assets to investors in its quarterly results. Its gross stage three (GS3) loans stood at ₹3,591 crore, or 4.02% of total loans, as of end September 2022, the company's presentation to analysts showed.
Economic Times

NDTV founders to get Rs 602 crore from sale of 27.26% to Adani Enterprises - almost 2 years ago
Adani Enterprises-owned RRPR Holding, which acquired the stake, will own a 56.45% equity stake in NDTV from 29.18% earlier. An indirect subsidiary of Adani Enterprises, Vishvapradhan Commercial, holds an additional 8.27% equity stake in NDTV. Adani Enterprises' cumulative shareholding will touch 64.72%.
Economic Times

It's back to basics for companies in 2023 after year of the big quit - almost 2 years ago
From rushing to hold on to the critical talent and devising ways to stem attrition in 2022, companies will focus on growing and building the talent pool in 2023 as they prepare for potential economic uncertainty and volatility, according to the findings of an ET-Aon survey on corporate India's people priorities and challenges for 2023.
Economic Times

Year-end discounts to push December retail car sales to record 400,000 units - almost 2 years ago
Data collected until Friday showed December retailing of passenger vehicles could touch the 400,000 mark in the world's fourth-largest automotive market, where customers typically need inducements to buy cars in the last month of the calendar year.
Economic Times

Lanco Amarkantak resolution voting extended till Jan 7 with Adani, RIL, PFC-REC in fray - almost 2 years ago
The resolution professional informed lenders Friday that voting on the three plans would close on January 7. The voting deadline has been extended amid a legal battle among creditors over the distribution of proceeds.
Economic Times

Stocks Market: How to create a volatility proof portfolio for 2023? - almost 2 years ago
Equities are one of the best ways to let your money make money for you. However, this comes with a massive rider: Your investments are subject to market risks and volatility. Meaning that movements in the market ultimately decide the fate of your investments. But is there a way you can risk-proof your investments? If yes, how should an investor go about creating a volatility proof portfolio? To answer all these questions and your queries related to your mutual fund portfolio, on the ET Money Show, we brought on board Feroze Azeez, Deputy CEO, Anand Rathi private wealth management. Listen in.
Economic Times

Indices tumble on last day, but Dalal Street stands tall in 2022 - almost 2 years ago
Globally, the Russia-Ukraine war, the deepening global downturn and China's struggles with Covid-19 were the big drags in 2022, besides the US Federal Reserve's policy tightening that led to draining of funds from emerging markets. But resilient domestic investors, who cushioned the shocks of record-high selling by overseas funds, helped the BSE Sensex and NSE Nifty eke out gains in a year that also saw a record-breaking rally by Indian stocks.
Economic Times

RBI to extensively use AI, MI driven tools for data analysis - almost 2 years ago
"With India's G-20 presidency during the period of Utkarsh 2.0, it confers a unique opportunity to showcase our accomplishments in the realm of digital payments and strive towards broad basing of acceptance of the Indian Rupee in bilateral and multilateral trade," RBI said.
Economic Times

Bank credit jumps 18% in November as retail, corporate loans pick up - almost 2 years ago
Credit to industry continued to register a strong pick-up, with total loans accelerating to 13.1%, while personal loans expanded at 19.7% in November, largely driven by housing and vehicle loans.
Economic Times

RBI may consider ARCs' plea to do away with background checks - almost 2 years ago
"The RBI has called for extensive data from ARCs on sale of retail loans; we believe a reprieve is on the way," said the CEO of a large ARC. "Our request to the regulator is that the entire sale of retail bad loans be taken out of this background-check requirement. Another request we have made is that these rules be not applicable to loans up to '10 crore."
Economic Times

Wall St dragged down by growth stocks on last trading day of torrid year - almost 2 years ago
Most rate-sensitive technology and growth stocks such as Apple Inc, Amazon.com Inc, Alphabet Inc and Meta Platforms Inc fell between 1.5% and 1.8% on Friday, as U.S. Treasury yields rose.
Economic Times

NDTV founders resign from board after India's Adani takes control - almost 2 years ago
The Roys will continue to hold a 2.5% stake each in NDTV, according to the statement.
Economic Times

Adani group takes control of NDTV, buys promoters stake at 17% premium to open offer price - almost 2 years ago
Issuing a statement, Adani group said subsequent to change in control, the Board of NDTV has been further strengthened with the appointment of two more members - Sunil Kumar (fromer IAS officer) and Aman Kumar Singh (former civil servant)
Economic Times

US stocks open lower on last trading day of torrid year - almost 2 years ago
The Dow Jones Industrial Average fell 99.19 points, or 0.30%, at the open to 33,121.61.
Economic Times

Equity investors turn richer by Rs 16.38 lakh crore in 2022 - almost 2 years ago
During the initial part of the year, markets were jolted by the Russia-Ukraine war. On February 24, when Russia launched its attack on Ukraine, the 30-share BSE Sensex had plunged about 2,850 points before closing at 54,529.91 points, registering a massive fall of 2,702.15 points or 4.72 per cent.
Economic Times

World, U.S. stocks suffer 2022 losses while dollar triumphs - almost 2 years ago
The Federal Reserve and other central banks have been raising rates to fight inflation in the face of supply chain issues and an energy crisis due to the COVID-19 pandemic and oil producer Russia's invasion of Ukraine.
Economic Times

Sundararaman Ramamurthy to join BSE as MD & CEO from January 4 - almost 2 years ago
In November, BSE received consent from the Securities and Exchange Board of India (SEBI) to appoint Ramamurthy as the MD and CEO of the exchange.
Economic Times

Dark clouds enter Nifty charts. What traders should do in first week of 2023 - almost 2 years ago
Now, the index has to continue to hold above 18,181 zones, for an up move towards 18,350 and 18,442 levels whereas supports are placed at 18,081 and 18,018 levels, said Chandan Taparia of Motilal Oswal.
Economic Times

Sebi asks bourses, clearing corps to set up Investor Risk Reduction Access platform by Oct 2023 - almost 2 years ago
The move comes against the backdrop of a rise in instances of glitches in Trading Members' (TMs) systems. In such cases, investors with open positions are at risk of the non-availability of avenues to close their positions, particularly if markets are volatile.
Economic Times

Indian markets may see FPI revival after worst-ever selloff in 2022- analysts - almost 2 years ago
Foreign portfolio investors (FPIs) sold 1,219.08 billion rupees ($14.73 billion) worth of Indian equities in 2022, till Dec. 29, the biggest selloff in Indian shares in a year since 1993, when data became available.
Economic Times

Gainers & Losers: RIL, Tata Power among 6 stocks in limelight on Friday - almost 2 years ago
Benchmark BSE Sensex and NSE Nifty pared all intra-day gains to end the last trading day of the year on a bearish note due to fag-end selling amid early losses in the European markets. The 30-share Sensex fell 293.14 points or 0.48 per cent to settle at 60,840.74 on Friday. During the day, it had risen by 258.8 points or 0.42 per cent to a high of 61,392.68. The broader NSE Nifty declined 85.70 points or 0.47 per cent to end at 18,105.30.Meanwhile, broader markets outperformed the headline indices, with Nifty Midcap 100 gaining 0.5%. Among sectoral indices, the Nifty PSU Bank index rose the most, while Nifty FMCG posted a decline.Here are the stocks that remained in focus today:
Economic Times