Stocks in focus: Sun Pharma, Phoenix Mills and more - almost 2 years ago
Nifty futures on the Singapore Exchange traded 48 points, or 0.26 per cent, higher at 18,366, signaling that Dalal Street was headed for a positive start on Monday. Here are some stocks which may buzz the most in today's trade.
Economic Times

Festivity on hold for stocks as rate hikes beckon - almost 2 years ago
Softening economic data heading to year-end isn't offering much help to the mood either, leaving markets wondering where to look for the feel-good vibe that has rallied U.S. stocks in the last two weeks of December 11 times in the last 15 years.
Economic Times

Stocks in the news: TechM, Sun Pharma, Yes Bank, Dr Reddy's and Tata Motors - almost 2 years ago
The private lender, Yes Bank, has concluded assignment of the Rs 48,000-crore stressed asset loan portfolio of the bank to JC Flowers Asset Reconstruction company.
Economic Times

Tata in final talks to buy majority stake in UTI AMC from PSU fin cos - almost 2 years ago
Officials close to the development said internal approvals are in and Tata has received in-principle nod from the other big investor in the AMC - global investment management firm T Rowe Price Group, which holds around 23%.
Economic Times

Buyback norm changes among proposals on Sebi board agenda - almost 2 years ago
Based on the findings of the Keki Mistry report, the regulator has proposed phasing out share buybacks from the open market through stock exchanges as these are prone to misuse.
Economic Times

RCap threshold bid amount pegged at Rs 6,500 cr in 1st round - almost 2 years ago
The Piramal-Cosmea combine, the Hinduja Group, Torrent Investment and Oaktree Capital are expected to take part in the auction of Anil Ambani's erstwhile core investment company. The auction is scheduled for December 21 in Mumbai.
Economic Times

Adani, PEs eye Hyderabad ORR toll rights - almost 2 years ago
The Hyderabad Growth Corridor (HGCL), a wing of the Hyderabad Metropolitan Development Authority (HMDA), had invited bids for maintaining the 158-km-long Nehru Outer Ring Road (NORR) through public-private partnership on toll, operate and transfer (TOT) basis for a period of 30 years.
Economic Times

NARCL offers Rs 220 crore for Sion Panvel Tollways' debt - almost 2 years ago
"SPTL is a special purpose vehicle (SPV), which was formed to manage this highway, which is an important road leading into and out of Mumbai. The account has been in trouble for some years now because of a dispute with the toll operator and the Maharashtra government," said a person familiar with the offer.
Economic Times

Jerome Powell puts US pay hikes at heart of Fed's 2023 inflation fight - almost 2 years ago
The pivotal question for Fed officials is whether the climb in US pay over the past 18 months or so is a one-time bump - as companies adjust to scarce labor supply, and a realization that their workforce was under-compensated - or a pernicious feedback loop in which prices and wages drive each other up.
Economic Times

Hawkish Fed hits sentiment, Nifty’s resistance at 18,700 - almost 2 years ago
​Nifty broke down its upsloping trend line support and slipped below the 20-SMA (18,528), indicating weakness ahead in the near term. If Nifty remains below 18,500, it will witness supply on any minor pullback.
Economic Times

Real-money funds to dump $100 billion of stocks - almost 2 years ago
Notwithstanding their losses this week, equities gained over the quarter, driving up their value relative to other asset classes and forcing managers with strict allocation mandates to sell them to meet targets. Bonds are the likely beneficiaries of sales by sovereign wealth, pension and balanced mutual funds looking to replenish their fixed-income holdings, according to JPMorgan Chase & Co. and StoneX Financial Inc.
Economic Times

Investors switching to index funds as high valuations cloud return prospects - almost 2 years ago
Large-cap funds witnessed an outflow in November for the first time in 15 months, with year-to-date inflows at just one-fifth of index funds, according to data from the Association of Mutual Funds of India (AMFI)
Economic Times

Stock Radar: Up 14% in a week! A breakout from 8-year consolidation makes this stock an attractive buy - almost 2 years ago
The recent momentum helped the stock to register a fresh record high in December. The stock rallied by over 14% in a week and over 11% in a month.
Economic Times

Stock Radar: Buy Mahindra CIE for a target of Rs 380, says Gaurav Bissa - almost 2 years ago
"Mahindra CIE is trading above its major moving averages on daily charts along with RSI trading above 70 which suggests the trend is gaining strength. The stock has strong relative strength charts and is expected to outperform its peers in coming weeks," Gaurav Bissa, VP, InCred Equities, said.
Economic Times

Nifty to move towards 21,200 in 2023: ICICI Direct - almost 2 years ago
After one year of continued outflows, the BFSI space has started witnessing fresh flows in the last two quarters where banking was the major beneficiary. We expect the same trend to continue in CY23 as well, it added.Equity markets have witnessed the return of foreign funds since July 2022. They turned net buyers of almost Rs 84,000 crore.
Economic Times

FPIs invest Rs 10,555 cr in equities in Dec so far on moderating US inflation - almost 2 years ago
Further, capital flows will be dictated by the global developments, particularly the trends in the dollar index and US bond yields. This, in turn, will be determined by the trajectory of US inflation, said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Economic Times

Market Trading Guide: 3 stock recommendations for Monday - almost 2 years ago
Concerns over looming recession in the US and continuance of the hawkish stance by central banks globally weighed on Indian markets in Friday’s session. Continuing the losing run for the second straight day, indices ended lower, with Nifty tumbling to below 18,300 levels. On a weekly basis, Nifty dropped by over 1%.“Nifty spot has closed the week in red and that too below the support of 18350. There is also a negative crossover of 5 and 20 DEMA. Along with this, there is Head and Shoulder pattern breakdown on the intraday chart. Thus, this technical rationale indicates that the pessimism might continue and drag the index towards 18000-17800 in the coming week,” Mehul Kothari - AVP-Technical Research, Anand Rathi Shares & Stock Brokers, said. Here are 3 stock recommendations for Monday:
Economic Times

Mind Over Money: 3 ways to become successful investors and avoid herd mentality - almost 2 years ago
Warren Buffett, a legendary investor of our times, has given a simple formula to beat markets - “Be greedy when others are fearful and be fearful when others are greedy”. What Buffett means is to buy low and sell high. Sounds like common sense. Yet, most investors tend to do the opposite.
Economic Times

Nifty F&O Strategy: Look for fresh longs if Nifty crosses 18,400, says ICICIdirect - almost 2 years ago
From the options front, sharp decline post Fed meet has resulted in heavy Call writing at ATM and OTM strike. While the put base is at ATM 18300 strike, Call bases are much stronger at 18400 and higher strikes. Hence a move above 18400 should be looked for fresh longs in the index.
Economic Times

Rewind 2022: 5 learnings for D-Street's quant investors & professionals - almost 2 years ago
Forgotten sectors made a last-minute comeback, and we learnt that we could lose money on good businesses if we overpay! It was a time to be dynamic and risk averse.
Economic Times

On path to recovery: 6 mid-cap pharma stocks with an upside potential up to 29% - almost 2 years ago
After witnessing a phase of under-performance, select pharma stocks had been making a comeback. Some of them are mid-sized Indian pharma companies which are not hit by pricing pressure of the US generic market and other issues which large pharma companies are facing. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.
Economic Times

Mcap of nine of top-10 most valued firms erode by Rs 1.22 lakh cr; Reliance biggest laggard - almost 2 years ago
Barring HDFC Bank, rest nine companies, including Tata Consultancy Services (TCS), Infosys, ICICI Bank and Hindustan Unilever, witnessed decline in their market valuation.
Economic Times

Rewind 2022: 5 learning for quant investors & professionals - almost 2 years ago
Forgotten sectors made a last-minute comeback, and we learnt that we could lose money on good businesses if we overpay! It was a time to be dynamic and risk averse.
Economic Times

Not just P/E, it is PEG ratio which matters. 6 stocks, possible wealth creator - almost 2 years ago
Low PEG ratio is a better indicator than many other ratios especially P/E which is followed by 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

6 Indian stocks that fit in Peter Lynch’s approach to investing - almost 2 years ago
One of the most successful and well-known investors of all time, Peter Lynch, is best known for growth at a reasonable price approach to investing. A highly successful former manager of the Fidelity Magellan Fund, his philosophy is detailed in his best-selling book "One Up on Wall Street" and more recently in "Beating the Street." Lynch is often associated with the PEG ratio, which measures PE ratios in relation to growth rates. Based on the idea of Lynch, a custom screen made by MarketSmith emphasizes securities that are trading for below-average prices on a PE or PEG basis that are not already widely owned by institutions.
Economic Times

Global factors, foreign fund trading activity to drive markets this week: Analysts - almost 2 years ago
"Due to the fact that FIIs were net sellers for a significant portion of December, institutional flows will be another crucial trigger," said Santosh Meena, Head of Research, Swastika Investmart Ltd.
Economic Times

US GDP, RBI minutes & IPOs among 8 things that will drive D-St this week - almost 2 years ago
On a sectoral front, Consumer Durable sector was the biggest laggard, followed by sharp fall in IT, realty, FMCG and media counters. Only, Infra, telecom and oil & gas stocks were the only gainers.
Economic Times

Drawing parallels: 9 lessons from FIFA World cup for stock market investors - almost 2 years ago
Despite the surge in participating countries over the decades, only eight teams have won the FIFA World Cup till date and only two continents have succeeded as champions of the FIFA World Cup, Europe and South America.
Economic Times

Dalal Street Week Ahead: Tread cautiously; PSBs, PSEs, metals likely to shine - almost 2 years ago
Nifty has officially delayed its breakout and will continue resisting the crucial 18,600 levels. Moving past this point remains critically important to reattempt any breakout by the index. On the other hand, Bank Nifty has continued to relatively outperform Nifty.
Economic Times

Dalal Street Week Ahead: Tread cautiously; PSUs, metals likely to shine - almost 2 years ago
Nifty has officially delayed its breakout and will continue resisting the crucial 18,600 levels. Moving past this point remains critically important to reattempt any breakout by the index. On the other hand, Bank Nifty has continued to relatively outperform Nifty.
Economic Times

Playing smart! Mutual fund investors booked profits at high but raised the bar on SIPs - almost 2 years ago
“November data shows largecap category witnessed redemption of Rs 1,038 crore on one side, while on theother side, midcap category saw inflows of Rs 1,176 crore and smallcap funds received Rs 1,378 crore,” said Viraj Gandhi, CEO, Samco Mutual Fund.
Economic Times

Weekly Top Picks: 8 stocks with consistent score improvement and upside potential of up to 27% - almost 2 years ago
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

5 companies with high ROE & profit margin from niche areas for wealth creation - almost 2 years ago
Small cap companies might appear risk bets and they are. There should be no doubt about it but putting the right financial and other filters can lead to stocks with potential of wealth creation. 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

Drawing parallels: 9 investing lessons from FIFA World cup for stock market investors - almost 2 years ago
Despite the surge in participating countries over the decades, only eight teams have won the FIFA World Cup till date and only two continents have succeeded as champions of the FIFA World Cup, Europe and South America.
Economic Times

George Kleinman's tips for successful trading to amass solid returns - almost 2 years ago
Eminent trader George Kleinman says the way to make really big money is to determine the major trend and then follow it."If the market will not go your way, you must go its way. When you are in a bear market and the major trend is down, the plan should be to wait for rallies and sell short, not try to pick the bottom. In a major bear market, you can miss the bottom several times on the way down and end up losing all your money. The same applies (in reverse) during a major bull market. Always go with the tide—never buck it," he says.
Economic Times

Forget stock predictions for next year. Focus on the next decade. - almost 2 years ago
With inflation soaring, the Fed raising interest rates, Russia's war in Ukraine and China's decision to drop its "zero COVID" policy, a recession all but certain in Europe and increasingly likely in the United States, clear maps of the future would be particularly welcome now.
Economic Times

Mean reversion? Smallcaps can bring bigger profits in 2023 - almost 2 years ago
Let us get into some data-crunching now. There have been only five instances since 2005 where the Nifty Smallcap100 has given negative returns. However, in the following year, the index yielded a return of above 20% barring a single instance in 2019.
Economic Times

Extreme bear sentiment over as investors buy stocks and bonds: BofA - almost 2 years ago
Equity inflows totalled $18 billion and bond funds saw $2.3 billion of inflows while investors sold $0.2 billion of gold and shed cash at the highest rate in three months, selling $31.1 billion.
Economic Times

Not just Fed, at least 8 other central banks hiked rates this week - almost 2 years ago
Following US Federal Reserve's 50 bps interest rate hikes to combat inflation on December 14, other global central banks also raised their interest rates. On Thursday, central banks in Europe and Asia tightened rates, sending equity markets globally into a tailspin.
Economic Times

2 IPOs to hit Dalal Street next week to raise Rs 2,000 crore; 3 listings likely - almost 2 years ago
Incorporated in 1969, Elin Electronics is an electronics manufacturing services provider. It is a manufacturer of end-to-end product solutions for major brands of fractional horsepower motors, lighting, fans, and kitchen appliances in India.
Economic Times

Impact of trading APIs on investment patterns and ecosystem opportunities - almost 2 years ago
However, as trading API solutions have grown in popularity, limitless opportunities now exist for retail investors as well. Today, investors are becoming more aware due to the abundance of knowledge available on the internet and have readily available access to the trading APIs provided by stockbrokers.
Economic Times

Stock market timers pony up $25 billion and get another thrashing - almost 2 years ago
After a month of drawing down positions, investors poured $25 billion in stocks in the week through Wednesday only to see the S&P 500 plummet as the Federal Reserve and other central banks stuck with hawkish stances that threaten to spur a recession.
Economic Times

PSU banks steal the show this week; UCO Bank surges 54% - almost 2 years ago
PSU banks stole the show, extending their gains. UCO Bank surged over 54%, whereas Indian Overseas Bank gained 30%. Meanwhile, Punjab & Sind Bank gained 20%, and Bank Of Maharashtra and Central Bank of India added 13% each.
Economic Times

Extreme bear sentiment over as investors buy stocks and bonds - BofA - almost 2 years ago
Meanwhile investors sold $0.2 billion of gold and shed cash at the highest rate in three months, selling $31.1 billion.
Economic Times

Year-end special: Multibagger Alert! Over 50 penny stocks rally up to 1,900% in 2022 - almost 2 years ago
Penny stocks have no defined theoretical definition. However, stocks in single digits or below Rs 10 are bracketed in this club. In this study, companies with a market cap of less than Rs 1,000 crore at the end of 2021 have been considered.
Economic Times

Multibagger Alert! Over 50 penny stocks rally up to 1,900% in 2022 - almost 2 years ago
Penny stocks have no defined theoretical definition. However, stocks in single digits or below Rs 10 are bracketed in this club. In this study, companies with a market cap of less than Rs 1,000 crore at the end of 2021 have been considered.
Economic Times

GMM Pfaudler tanks 18% after JV partner sells bulk of its stake - almost 2 years ago
Universities Superannuation Scheme, the trustee company of UK's largest private pension scheme by assets, Aditya Birla Sun Life MF, Plutus Wealth Management, and Indus Capital were among the buyers, deal data showed.
Economic Times

40 smallcaps give double-digit weekly returns when Sensex sees worst week in 6 months - almost 2 years ago
However, money managers are not very confident in betting on the smaller and mid-sized state-owned banks eventhough many of them have undertaken a major clean-up of their balance sheets and have seen a sharp expansion in their price-to-book values.
Economic Times

Fed’s high inflation forecast Baffles Wall Street after soft CPI - almost 2 years ago
Economists at JPMorgan, for example, estimate core PCE prices probably rose about 0.1% in November, based on the CPI report and another Labor Department report on producer prices.
Economic Times

Fed's Mester sees rates rising more than most policy makers have forecast - almost 2 years ago
Mester has been a voting member of the rate setting Federal Open Market Committee this year but will not hold that role next year. On Wednesday, the FOMC raised its target rate by half a percentage point as it continues to work toward lowering the highest levels of inflation seen in decades.
Economic Times