Stock Radar: Technical charts suggest HDFC Bank is likely to hit fresh record highs in next 3-6 months; time to buy? - almost 2 years ago
The stock price is at a bullish inflection point. It rose nearly 4% in a week, over 14% in the last 3 months, and over 20% in last 6 months.
Economic Times

Stock Radar: Buy HDFC Bank for a target of Rs 1725-2000 in next 3-6 months, says Rahul Sharma - almost 2 years ago
"We are seeing an absolute strength in HDFC Bank. The Relative strength is emerging as it comes out of a period of underperformance wrt Banknifty," Rahul Sharma, Director, Head- Technical & Derivative Research, JM Financial Services Ltd, said.
Economic Times

Learn with ETMarkets | What are options pricing, put call parity and synthetic futures - almost 2 years ago
Extrinsic value is that component of the options price that would vanish if the option were to expire right away. For all at-the-money money and out-of-the-money options, it’s all the extrinsic value, and the intrinsic value will be zero.
Economic Times

US tech earnings set to slump most since 2016 - almost 2 years ago
The tech-heavy Nasdaq 100 Stock Index enters this crucial stretch amid a darkening backdrop that short-circuited a strong start to the year. Underscoring the risks ahead, Microsoft Corp., which kicks off the group’s reporting Tuesday, joined Amazon.com Inc. in starting to cut thousands of jobs this week as sales slow.
Economic Times

​Market Trading Guide: HDFC Bank, Tech Mahindra among 7 stock recommendations for Monday - almost 2 years ago
Equity benchmarks ended in the red on Friday for the second consecutive day. Nifty ended 0.44% lower at 18,028, while Sensex shed 0.39% to settle at 60,622 points. Among Nifty sectoral indices, barring banks and financial services, all other sectors ended with cuts.“Immediate support is at 18,000, where fresh buying interest can be seen. The short-term bullish stance holds true as long as the Nifty trades above the swing low of 17,760. On the higher side, the Nifty is expected to surpass the key hurdle zone of 18,260-18,300 & head towards 18,500,” said Gaurav Ratnaparkhi, Head of Technical Research, Sharekhan by BNP Paribas.Here are stock recommendations for Monday:
Economic Times

Railway capex. What would FY24 spend look like? - almost 2 years ago
The rail cargo is expected to reach 1600 million tonnes, up from 1210 million tonnes in 2020. Western and Eastern dedicated freight corridors are also expected to be completed in the same timeline.The National Rail Plan targets a 45% modal share for railways by 2030, with estimated investments of 50 lakh crore in the same period.
Economic Times

​Market Trading Guide: HDFC Bank,Tech Mahindra among 7 stock recommendations for Monday - almost 2 years ago
Equity benchmarks ended in the red on Friday for the second consecutive day. Nifty ended 0.44% lower at 18,028, while Sensex shed 0.39% to settle at 60,622 points. Among Nifty sectoral indices, barring banks and financial services, all other sectors ended with cuts.“Immediate support is at 18,000, where fresh buying interest can be seen. The short-term bullish stance holds true as long as the Nifty trades above the swing low of 17,760. On the higher side, the Nifty is expected to surpass the key hurdle zone of 18,260-18,300 & head towards 18,500,” said Gaurav Ratnaparkhi, Head of Technical Research, Sharekhan by BNP Paribas.Here are stock recommendations for Monday:
Economic Times

4 key expectations of the real estate sector from Union Budget 2023 - almost 2 years ago
Either of these moves would be welcomed by the Indian developer community and help accelerate projects that are stuck for want of capital. This would, in turn, spur developers to pursue more affordable housing projects and align themselves with the mission of Housing for All.
Economic Times

What the stock market expects from Budget 2023 - almost 2 years ago
​​​For equity investors, the focus would be on three key factors. First is fiscal consolidation. Whether the government keeps its commitment to bringing down the fiscal deficit to 4.5 per cent of gross domestic product (GDP) over the medium term in FY26 would be keenly tracked.
Economic Times

27 smallcap stocks gave double-digit weekly returns in a muted market, rose up to 26% - almost 2 years ago
"Subdued Q3 results, soft Budget expectations, a slowing economy, FII selling, and concerns over global interest rate hikes defined the market in the past week," said Vinod Nair, Head of Research, Geojit Financial Services.
Economic Times

9 stocks that consistently rose in the last 5 trading sessions - almost 2 years ago
Markets traded with volatility in the last five trading sessions, but nine stocks from the BSE 500 index consistently advanced in all five sessions, and most of them are still trading with at least a double-digit discount to their 52-week high. From the list, 4 stocks see double-digit upside potential, according to Trendlyne.com forecaster. Take a look.
Economic Times

High dividend yielding stocks for your portfolio: 4 stocks with between 7-9.99% - almost 2 years ago
It is a correction in stock markets which brings back investors to the habit of asking what is the dividend yield of the stock. Dividend payment is not only a function of how much money a company is making but also a sort of habit of the management or its intent. There are many companies which are sitting on huge cash piles but their dividend-payout ratio is low. So, paying a continuous dividend is a sign of good intent. For the purpose of this report, we had kept the dividend yield of at least 7.5 percent as a benchmark. Another condition was that the company should have a track record of paying dividends in the last four of the five years.
Economic Times

27 smallcap stocks gave double-digit weekly returns in a muted market, rising up to 26% - almost 2 years ago
"Subdued Q3 results, soft Budget expectations, a slowing economy, FII selling, and concerns over global interest rate hikes defined the market in the past week," said Vinod Nair, Head of Research, Geojit Financial Services.
Economic Times

There is more to FMCG sector than HUL and Nestle - almost 2 years ago
FMCG companies are one of most over researched companies in India and probably this focus on companies from this sector only happens in Indian markets. They form part of literally every mutual fund scheme making them the most over owned stocks and also making a large majority of their customers also their shareholders in an indirect way. However, all the focus in the FMCG sector is only on a few select well known names like HUL,Nestle, Britannia and Dabur. ET screener powered by Refinitiv’s Stock Report Plus lists down large, mid and small cap stocks from the FMCG sector with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".
Economic Times

Nifty to recover towards 18400-500 level; F&O traders can short straddle: ICICIdirect - almost 2 years ago
From a data perspective, during the recent recovery, the Nifty saw closure among short positions as FIIs closed their shorts last week. Moreover, the prevailing high Nifty premium has declined considerably in the last few sessions and is just close to 20 points ahead of the monthly settlement. However, aggressive Call writing is continued at ATM and OTM strikes which may act as an immediate hurdle. However, acceleration might be seen if Nifty can move above 18,200 levels.
Economic Times

5 midcap companies from the Capital Goods and Engineering space with “strong buy” and “buy” ratings and upside potential of up to 37%. - almost 2 years ago
The much-anticipated upturn in the capex cycle has been getting delayed for a very long time. The first green shoots may become visible as the impact of the PLI scheme gets visible on the ground with companies expanding their capacities in select sectors. Among the companies which are likely to get benefitted would be capital goods and engineering companies. The list is based on the upside estimated by the analysts, with the highest potential stock coming on the top of the list.
Economic Times

FPIs pull out Rs 15,236 cr from equities in Jan as China reopens - almost 2 years ago
In accordance with its zero Covid policy, China had been enforcing rigorous lockdowns to reduce the number of Covid cases. As a result, Chinese markets fell, making them more appealing from a value standpoint, Himanshu Srivastava, Associate Director - Manager Research, Morningstar India, said.
Economic Times

Four of top-10 firms add Rs 82,481 cr in mcap; HDFC Bank, Adani Total shine - almost 2 years ago
Four of the 10 most valued firms together added Rs 82,480.67 crore in market valuation last week, with HDFC Bank and Adani Total Gas emerging as the top gainers. While Infosys and HDFC were the other gainers, Reliance Industries, Tata Consultancy Services (TCS), ICICI Bank, Hindustan Unilever, State Bank of India and Life Insurance Corporation of India (LIC) faced erosion from their market valuation.
Economic Times

Multibagger stock that has risen 484% in 1-year trades ex-split on Monday - almost 2 years ago
Companies announce stock split to increase the stock's liquidity in the market. On the ex-split date, investors holding the stock until the record date will receive the new shares in Demat accounts, and the stock price will be adjusted according to the split ratio.
Economic Times

Q3 earnings, F&O expiry among 8 factors that will steer market this week - almost 2 years ago
With earnings of index heavyweight Reliance out of the way, some major companies, including Axis Bank, Maruti Suzuki, Tata Motors, Bajaj Auto, Cipla, Bajaj Finance, Vedanta, and NTPC, among others, are slated to announce their third-quarter results this week. The markets on Monday will also react to RIL's earnings, which disappointed the Street, as well as other index majors ICICI Bank and Kotak Bank.
Economic Times

IDFC First Bank net profit jumps 115% to Rs 605 crore - almost 2 years ago
The bank, which was created by the demerger of the infrastructure lending business of IDFC to IDFC Bank in November 2015, continued to wind down infrastructure financing and reduce single borrower exposure as per stated strategy.
Economic Times

Yes Bank has 'strong' grounds to appeal ATI bonds court order: CEO - almost 2 years ago
Additionally, Yes Bank will have the discretion on the interest payment of the AT1 bonds, he said, adding that any comment in this regard will be made following the Supreme Court's decision.
Economic Times

IDFC First Bank Q3 results: Profit more than doubles to Rs 605 cr on strong core operating income growth - almost 2 years ago
While the core operating income grew 32% year-on-year to Rs 4,402 crore, operating expenses rose at a slower pace than income growth at only 23% YoY, which resulted in improved operating leverage.
Economic Times

Dalal Street Week Ahead: Market likely to stay stock-specific; stay cautious - almost 2 years ago
The index has created a very well-defined trading range for itself at the moment and continues to stay within the defined boundaries. Markets witnessed mixed trends throughout the previous week. It stayed quite ranged and the trading range too remained narrow as the Nifty oscillated in a 330-point range in the past five sessions.
Economic Times

Adani Group plans to demerge more business; dismisses debt concerns - almost 2 years ago
The group has typically incubated businesses within its flagship company, to demerge and list them later. Its listed arms today operate in sectors including ports, power transmission, green energy and food production.
Economic Times

Most astute speculator, wisest investor: Fund manager after meeting Radhakishan Damani - almost 2 years ago
The ace investor has picked stakes in three new companies 3M India, Andhra Paper, and United Breweries during the December quarter, while he reduced positions in Blue Dart Express, BF Utilities and VST Industries.
Economic Times

Budget 2023: Infra and related stocks turn attractive to investors - almost 2 years ago
The government's focus to build infra, support real estate demand and ambitious plans under the national infrastructure pipeline (NIP) will increase the demand for cement companies as well.
Economic Times

2 Tata stocks among 10 counters with most sell ratings - almost 2 years ago
A host of brokerages have the most sell ratings on a number of counters. These stocks belong to various sectors such as banking, steel, pharma, information technology and more. According to Trendlyne data, JSW Steel, Tata Elxsi, Lupin and IndusInd Bank have the most number of sell ratings.Here's a list of 10 stocks with the most sell ratings, according to Trendlyne data:
Economic Times

Long-term capital gains tax. Will the government do any tinkering in FY24? - almost 2 years ago
Since the 90s, in the last 3 decades we have flip flopped from 20% to 10% to zero, then back to 10% and again with an exemption of 1 lakh etc.
Economic Times

Budget 2023: We expect FM to deliver a message of sound economics shunning negative populism - almost 2 years ago
Since the crucial fiscal deficit is expressed as a percentage of nominal GDP, the higher denominator has given the FM a rare opportunity to spend Rs 82000 crores more than budgeted and yet contain the fiscal deficit at the budgeted target of 6.4 percent of the GDP.
Economic Times

L&T, PFC top 2 Budget picks which investors can track ahead of Feb 1: Kunal Shah - almost 2 years ago
The Bank Nifty index too has been trading in a big range where 42000 is acting as a cushion for the bulls and 43000 is acting as a resistance point where the high open integers are built up on the call side.
Economic Times

Not P/E, it is PEG ratio which matters. 5 stocks, possible wealth creator - almost 2 years ago
When judged only on the basis of price earning ratio, a correction in the stock market makes some stocks look cheap which are not actually cheap but expensive. More often than not, this interpretation may lead to wrong investment decisions given the fact that cheap always does not mean value. 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

Weekly Top Picks: 6 stocks with consistent score improvement and upside potential of up to 35% - almost 2 years ago
While NIFTY gets into volatile mode once again, 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

How various asset classes perform during inflationary periods - almost 2 years ago
There are many factors to consider while determining whether inflation has peaked. While there are visible signs of a downward trend, the critical question is whether the fall in inflation will be sustainable. Early signs of falling food inflation and a fall in the prices of commodities, including crude oil, provide hope.
Economic Times

Union Budget 2023: Will there be no surprises for investors? - almost 2 years ago
Make-in-India would be another theme that could be at the center stage. We could see custom duty cuts in commodities where indigenization and value add are gaining pace. Further, a tax hike on imported finished goods could be on cards to aid local manufacturers. Chemical companies and electronic manufacturers are key beneficiaries.
Economic Times

Budget 2023: Tax-free bank FDs among 10 demands of taxpayers - almost 2 years ago
The government should enhance the standard deduction to Rs. 1,00,000 from the current level of Rs. 50,000 This would increase the disposable income in the hands of taxpayers.
Economic Times

Why target maturity funds are gaining popularity - almost 2 years ago
Passive Target Maturity Funds (read Index funds and ETFs) aims to replicate the composition of the underlying debt index and have a specified maturity date.
Economic Times

Investors gain from right(s) opportunities - almost 2 years ago
Based on Thursday's closing price of Rs 897 on the BSE, the shareholders have earned a staggering 115% short-term return from their fresh investments through the rights issue. The offer remained open between December 19, 2022, and January 9, 2023.
Economic Times

Kotak Bank Q3 earnings preview: NII, PAT expected to jump YoY - almost 2 years ago
Kotak Bank expected to deliver yet another healthy quarter. NII expected to expand 25% YoY. PAT expected to go up 22% to be Rs 2,600 cr. ET NOW's Hersh Sayta is here with the numbers.
Economic Times

Elon Musk takes witness stand to defend Tesla buyout tweets - almost 2 years ago
The trial over his Tesla tweets come at a time when Musk has been focusing on Twitter while also serving as the automaker's CEO and also remaining deeply involved in SpaceX, the rocket ship company he founded.
Economic Times

Wall Street Week Ahead: Tech stock rebound faces doubters with earnings season ahead - almost 2 years ago
Several factors are driving that outperformance, including investors piling into stocks they believe were overly punished in 2022.
Economic Times

Sensex puts a muted show, but 10 constituents give index-beating weekly returns - almost 2 years ago
Further, the government is also widely expected to extend tax sops and incentives to more sectors and sub-sectors under the production-linked incentive scheme. In order to play on this theme, investors lapped up shares of the engineering behemoth, which is often viewed as India’s proxy to infrastructure development.
Economic Times

Wall Street rallies to end higher on Alphabet, Netflix lift - almost 2 years ago
Shares of Netflix Inc jumped 8.46% as the streaming company added more subscribers than expected in the fourth quarter and said co-founder Reed Hastings was stepping down as chief executive.
Economic Times

Mind Over Money: 10-minute meditation & gym help this research head to stay focused - almost 2 years ago
"Get in bed early, get up early in the morning, meditate for 10 minutes, pray for some time, and begin your daily routine with a healthy breakfast," Mayuresh Joshi, Head of Research - Equity, William O'Neil India, said.
Economic Times

ET Markets Trading Playbook - almost 2 years ago
Profitable trading strategies from India's sought after market experts brought on one platform by ETMarkets.com
Economic Times

Adani Cement CEO looks to solve transport impasse - almost 2 years ago
The company has proposed that over the coming three years, no new trucks be deployed with it and the existing fleet be reduced to 550 trucks as required instead of the 3,311 vehicles at present. This will increase the running of a truck on average to 50,000 kilometres over this period from the estimated 25,000 kilometres at present, reducing the fixed cost per kilometre.
Economic Times

Brokerages cut Asian Paints' targets, see limited upside - almost 2 years ago
The Asian Paints stock closed at ₹2,784.9 on the NSE on Friday, down 2.83% from the previous close. Nearly 34 lakh shares exchanged hands on the BSE and NSE on Friday, over three times its combined average daily volume in the last one month.
Economic Times

Fed set to slow rate hikes, debate how much further to go - almost 2 years ago
The mixed signals complicate discussions over when to pause following an anticipated quarter-point rate increase on Feb. 1, a more moderate tempo than the aggressive hiking under way since mid-2022.
Economic Times

Energy at core, RIL gets a lift from Jio, retail units - almost 2 years ago
Better prospects for the oil to chemical (O2C) business with the reopening of China, a rising share of higher paying telecom customers, and a consistent positive news flow on new energy vertical may attract investors' interest in the medium term.
Economic Times

Canara Bank to sell its stake in Russian joint venture to SBI for Rs 114 crore - almost 2 years ago
Canara Bank has entered into a share sale agreement in relation to sale of equity shares held by it in Moscow-based CIBL with SBI, the bank said in a regulatory filing.
Economic Times