Crypto Price Today: Bitcoin above $21,000; crypto market cap nears $1 trillion - almost 2 years ago
The crypto market cap has crossed the $1 trillion mark, thanks to an over 20% jump in Bitcoin and Ether prices in just seven days. This is a strong sign that bulls are returning to the market with US central banks successfully bringing down the inflation and saving the economy from slipping into recession.
Economic Times

Just Dial hits 10% upper circuit after Q3 profit jumps over three-fold - almost 2 years ago
Just Dial said that total traffic of unique visitors for the quarter increased by 9.8% to 15.68 crores on a year-on-year basis with 85.5% traffic originating on mobile platforms, 10.9% on desktop and PC, and 3.6% on its voice platform.
Economic Times

Turning from local to global; in 2 years, will have orderbook of Rs 100,000 cr: Rajesh Prasad of RVNL - almost 2 years ago
"Confident to meet the deadlines, market capitalisation has gone up," said Rajesh Prasad of Rail Vikas Nigam Limited (RVNL) while talking to ET NOW's Nikunj Dalmia. "In two years, will have orderbook of Rs 100,000 cr", he further said.
Economic Times

Hot Stocks: Global brokerage view on HDFC Bank, D-Mart, Wipro post Q3 results; RIL could rally by 20% - almost 2 years ago
Morgan Stanley downgraded Avenue Supermarts (D-Mart) to Equal-weight post December quarter results with a target price of Rs 3853.
Economic Times

DMart shares crack 6% after Q3 results: Should you buy, sell or hold? - almost 2 years ago
In Q3, DMart missed estimates by reporting a revenue growth of 25.5%. Its PAT (profit after tax) grew 7% YoY as weak discretionary demand pulled down same store sales growth. Its gross margins declined 60 basis points YoY and 20 basis points QoQ to 14.3%.
Economic Times

Found India's Tesla in smallcap 3-wheeler stock: Vijay Kedia at Auto Expo 2023 - almost 2 years ago
The company is in the right place at the right time and with the right products. The trend has just started. I am confident that Atul Auto has made India’s Tesla in three-wheelers, said the investor, who is also a director in the company.
Economic Times

7 Indian stocks that match Warren Buffett’s style of value investing - almost 2 years ago
The CEO of Berkshire Hathaway and current primary shareholder, Warren Buffett is one of the most successful investors of all times. A former student of Benjamin Graham, Buffett is noted as a legendary value investor, though he is also believed to incorporate an emphasis on management quality and company growth prospects. Based on the ideas of Warren Buffett, a custom screen made by MarketSmith emphasizes metrics looking for companies with long-term past and potential future growth. Here is a list of 7 stocks that match Warren Buffett’s style of value investing, as listed on MarketSmith:
Economic Times

Stocks to buy or sell today: 4 short-term trading ideas by experts for 16 January 2023 - almost 2 years ago
On the options front, the weekly maximum Call OI is placed at 18000 and then towards 18200 strikes while the maximum Put OI is placed at 17900 and then towards 17800 strikes. Call writing is seen at 18200 then 18000 strikes while Put writing was seen at 17800 and then towards 17900 strikes.
Economic Times

Firm global cues propel Sensex 300 points higher, Nifty above 18,000 - almost 2 years ago
“Nifty’s technical landscape is suggesting major support at the 17,761 mark and below the same, the index will form a lower top/low pattern on the daily charts. Immediate upside hurdles are at the 18,265 mark, while confirmation of strength is now only above the 18,473 mark,” Prashanth Tapse - Senior VP (Research) at Mehta Equities said.
Economic Times

Sensex gains 300 points, Nifty above 18,000; Just Dial rallies 8% - almost 2 years ago
Sensex jumps 300 pts, Nifty above 18,000; Just Dial rallies 8%, DMart tanks 5%; Yes Bank, L&T Finance, PNB, Tata steel are some of the top movers in morning trade.
Economic Times

Sensex down 3,000 pts from peak, but these 30 stocks filled investors’ piggy banks! - almost 2 years ago
Public sector banks remained the darling of the Street as they gained by a majority. UCO Bank, Central Bank of India, Indian Overseas Bank, Bank of Maharashtra, Bank of India, Bank of Baroda, Punjab National Bank, Indian Bank, and IDBI Bank joined the gainers’ list.
Economic Times

Trader's Guide: These 2 stocks can rally up to 6% in near term - almost 2 years ago
On Friday, the markets ended up with gains after beginning on a positive note. The tech stocks, which were subdued in the previous weeks, are showing signs of an increase.
Economic Times

The stock of a large private bank is about to crack - almost 2 years ago
The stock has been rising gradually from the base of 617 made in September and scaled to new highs in past four months, Over the past few sessions price was moving inside a rising wedge chart pattern. A breakout of such a pattern propels the price in a southward direction with a higher momentum and greater public participation. For the past two sessions price has been testing the support of the lower trendline of the wedge.
Economic Times

Corporate Radar: TCS to trade ex-dividend; BoM to announce earnings and more - almost 2 years ago
This multibagger stock from the garments and apparels segment is scheduled to meet for its board meeting for considering bonus share issue and stock split. The company’s stock in a 1-year period has generated a return of 578
Economic Times

Stocks in focus: REC, HG Infra and more - almost 2 years ago
Nifty futures on the Singapore Exchange traded 18 points, or 0.10 per cent, higher at 18,056.50, signaling that Dalal Street was headed for a positive start on Monday. Here are some stocks which are expected to see some action in trade today.
Economic Times

Buy or Sell: Stock ideas by experts for January 16, 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 Hindalco and M&M while Kunal Bothra has a buy/sell recommendation on CAMS and Tata Motors for today's trading session. Check out the targets and stoploss.
Economic Times

REC Limited: Short term Sideways to Bullish - almost 2 years ago
REC Limited’ daily trend is bullish, however in the last few trading sessions, it has shown some correction. RSI for monthly, weekly, and weekly is indicating a bullish trend. Based on option chain analysis, the range is between 120 and 125. Let’s plan a trade around this.
Economic Times

Big Movers on D-St: What should investors do with Wipro, HDFC Bank and Avenue Supermarts? - almost 2 years ago
It is trading within its all-important moving averages. On the higher time frame, there is a long consolidation and is trying to bottom the structure, which suggests much more upside potential in this counter.
Economic Times

Blue chips will shift to T+1 settlement cycle on Jan 27 - almost 2 years ago
The stock market will move to a shorter trading cycle on Jan 27. This will allow buyers and sellers to get shares and money, respectively, in their accounts one working day after trade.
Economic Times

Asian shares inch higher, BOJ battles bond bears - almost 2 years ago
The dollar has been undermined by falling U.S. bond yields as market wager the Federal Reserve can be less aggressive in hiking rates given inflation has clearly turned the corner.
Economic Times

Six companies add $1 billion of masala to topline in FY22 - almost 2 years ago
The revenues of Everest, MDH, Catch and Shubham Goldiee expanded between 18% and 35%, though Eastern Condiments and Aachi recorded a marginal drop in sales. Overall, combined sales of the six companies were at ₹8,711 crore ($1.07 billion) in the fiscal ended March 2022.
Economic Times

Temasek may pick 33% more in Manipal Health to become majority shareholder - almost 2 years ago
Of the existing investors in Manipal Health, private equity fund TPG Capital Management would sell 10% from its 22% stake, while National Infrastructure Investment Fund (NIIF) would sell its entire 8%, said the people, who spoke on the condition of anonymity as the talks are in private domain.
Economic Times

Stocks in news: Wipro, HDFC Bank, DMart, L&T Fin Holdings, Just Dial, TCS, HG Infra - almost 2 years ago
The lender on Saturday reported 19% year-on-year (YoY) rise in net profit for the quarter ended December to Rs 12,259 crore. Net interest income increased nearly 25% on year to Rs 22,988 crore, and this was the best growth seen by the bank in atleast three quarters. Operating profit increased by 13.4% YoY to Rs 19,024 crore. Provisions and contingencies for the quarter dropped 6.3% YoY to Rs 2,806 crore.
Economic Times

A decisive close above 18,100 can help Nifty break out to 18,250 - almost 2 years ago
​Indian equities have been underperforming, partly owing to the regional reallocation of money in the new year. This year, foreign portfolio investors have been net sellers to the extent of Rs 14,123 crore in the secondary market.
Economic Times

Steps to push private investment, capex support on Budget agenda - almost 2 years ago
Prime Minister Narendra Modi will early this week hold a meeting with key finance ministry officials to finalise the February 1 budget, the last full one of this government prior to the 2024 general election, people familiar with the talks said.
Economic Times

SMBC Bank, Oaktree submit EoIs for IDBI's strategic stake sale - almost 2 years ago
The government and LIC together are looking to sell 60.72% in IDBI Bank and had invited bids from potential buyers last October. The two together hold 94.71% in the lender. The successful bidder will have to make an open offer for the acquisition of 5.28% of public shareholding.
Economic Times

Proposal to ease FPI norms for NRIs back on the table - almost 2 years ago
The capital markets regulator held a few meetings about a month ago with some of the custodian banks and few large consultants to revisit the proposal to relax conditions on NRIs investing through an FPI vehicle, a registered fund pooled in a tax haven such as Mauritius and Singapore, three persons aware of the discussions told ET.
Economic Times

India confidence valid as it grows amid global woes: Bill Winters, Standard Chartered group chief executive - almost 2 years ago
Various segments of the Indian economy - from policy makers, businesses and the financial system - appear to be singing from the same song sheet, in a turnaround from the earlier discordant notes across the economic spectrum, he said.
Economic Times

Govt extends tenure of Bank of Baroda MD Sanjiv Chadha - almost 2 years ago
The final decision on the FSIB recommendation would be taken by the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi. The Bureau in November 2022 suggested the name of K Satyanarayana Raju for the position of MD and CEO of Canara Bank. Raju is currently Executive Director with the bank. Raju is likely to be replaced by H S Ahluwalia, a general manager in Indian Bank.
Economic Times

A decisive close above 18,100 Can help Nifty break out to 18,250 - almost 2 years ago
​Indian equities have been underperforming, partly owing to the regional reallocation of money in the new year. This year, foreign portfolio investors have been net sellers to the extent of Rs 14,123 crore in the secondary market.
Economic Times

Srei lenders to start voting on resolution plans from Monday - almost 2 years ago
Most Srei lenders, including State Bank of India, will prefer to vote for the government-promoted bad bank since it has given the highest offer of ₹5,555 crore, the people said. Authum has offered ₹5,526 crore while Arena-Varde team offered ₹4,680 crore. All offers are on a net present value basis (NPV), arrived at by discounting future cash flows.
Economic Times

Promoter betters NARCL's full-cash offer for CCCL - almost 2 years ago
In his application to the National Company Law Tribunal (NCLT), CCCL promoter R Sarabeswar has offered to pay ₹167 crore in cash and also promised to pay another ₹165 crore to make up for any invoked government guarantees and money received from arbitration claims from the government in the future.
Economic Times

MFs shuffle banking & fin portfolios, pare exposure to large-cap IT stocks - almost 2 years ago
​​Within banks, HDFC Bank, ICICI Bank, SBI and Axis Bank witnessed the maximum amount of reshuffling by fund managers, who were both buyers and sellers in many of these stocks. They, however, purchased mid- and smallsized banks like RBL Bank, Bank of India and South Indian Bank — an indicator of their continued bullishness on the sector.
Economic Times

Stock Radar: This life insurance stock gave a breakout above symmetrical triangle pattern; time to buy? - almost 2 years ago
The stock has given a breakout above the symmetrical triangle pattern on weekly charts which opens room for the stock to scale past Rs 1,400 level in the next 5-7 weeks, suggest experts.
Economic Times

Stock Radar: Buy SBI Life for a target of Rs 1435, says Shitij Gandhi - almost 2 years ago
"SBI Life has been maintaining its bull run and can be seen trading in a rising channel with the formation of a high bottom pattern on broader charts. Rise in volumes along with a rise in price points towards the next upswing into the stock," Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said.
Economic Times

Metal stocks rally up to 6% last week. What's cooking? - almost 2 years ago
While the recent price hikes in the regional market and expectations of better demand in Europe appear encouraging, we would wait for more clarity on stimulus measures in China and their impact on the overall steel demand, it said.
Economic Times

IT biggies post 14-20% topline growth in Q3 as caution; optimism marks mixed earnings' commentary - almost 2 years ago
Overall, the revenue growth band of the top-tier IT players was pegged at between 14-20 per cent for Q3FY23, compared to the year ago period. Seen sequentially, the topline growth for the large IT pack ranged between three per cent and eight per cent versus previous September quarter.
Economic Times

28 smallcap stocks rally up to 35% last week despite volatile market - almost 2 years ago
The data released on Thursday showed that inflation cooled off to a 12-month low of 5.72% in December, which led to hopes that the rate hike cycle of the Reserve Bank of India may not last long. Similarly in the US, consumer price inflation in December fell for the first time since May 2020
Economic Times

Broad-based strength: BNP Paribas picks 3 bank stocks - almost 2 years ago
We expect this trend to have gathered more steam in 3QFY23 as banks’ confidence in these product segments increased due to encouraging macroeconomic data despite reasonably tight monetary and liquidity conditions. For this reason, our top picks in order of preference remain HDFC Bank, ICICI Bank and Axis Bank," it added.
Economic Times

Market Trading Guide: Gravita India among 7 stock recommendations for Monday - almost 2 years ago
Indian indices ended the week on a positive note with Nifty ending 98 points higher at 17,956. Easing inflation and better than expected Q3 earnings by the IT majors is boosting investor sentiment. The broader markets ended weak, with Nifty Midcap 100 ending with a marginal cut.“Easing inflation and brighter Q3 numbers projected by the second set of IT majors are outweighing the cautiousness of the market. CPI in India and US cooled off, thereby bolstering expectations of a less aggressive policy. Falling treasury yields and dollar index are raising investors’ sentiments,” Vinod Nair, Head of Research at Geojit Financial Services, said.Here are stock recommendations for Monday:
Economic Times

Learn with ETMarkets: All about options greeks & how to use them in trading - almost 2 years ago
While it might not be necessary to understand the options greeks fully in order to be a profitable trader, if the traders can make themselves aware of the very basics of the options greeks, it will surely add value to their trading and help them avoid some common pitfalls in trading. I am of the opinion that if you look at trading as a business, you must consider using options greeks while trading.
Economic Times

FPIs withdraw Rs 15,000 crore from equities in 2 weeks of January - almost 2 years ago
According to the data with the depositories, FPIs have made a net withdrawal of Rs 15,068 crore from the Indian equity markets during January 2-13. Only two of the 10 trading days in January to date saw net purchases.
Economic Times

Quarterly earnings, inflation data major factors to drive trends in equity market this week: Analysts - almost 2 years ago
"On the global front, the US market will remain shut on Monday on account of Martin Luther King Jr Day. However, we will have lots of macro numbers from the US, Europe and China. Apart from this, movement in crude oil prices, US bond yields and the dollar index will be other important factors," said Santosh Meena, Head of Research, Swastika Investmart Ltd.
Economic Times

Mcap of 7 of top-10 most valued firms jump over Rs 1 lakh crore; TCS, Infosys sparkle - almost 2 years ago
While TCS, HDFC Bank, Infosys, Hindustan Unilever, ICICI Bank, HDFC and Life Insurance Corporation of India (LIC) were the gainers, Reliance Industries Limited, State Bank of India and Bharti Airtel faced erosion from their market valuation.
Economic Times

Coming out of the woods? 6 companies from the financial sector with “strong buy” and “buy” ratings with return - almost 2 years ago
After the NBFC crisis in 2018. Regulatory changes happened across the board in the financial sector. Whether it was NBFC or small finance bank space, the post NBFC crisis made life tough for all players. After a period of 4 years, while the clean up is still on. Some companies have emerged stronger after all the changes. The companies in the list are covered by a minimum count of 3 analysts. The reason for having a minimum count of analysts for a particular sector is because higher coverage by analysts indicates higher institutional interest in individual stock. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.
Economic Times

High dividend yielding stocks for your portfolio; 4 stocks with more than 10% dividend yields - almost 2 years ago
The importance of having high-dividend-yielding stocks in one’s portfolio is realized by majority at the time of correction, the one which is being witnessed. For the purpose of this report, we had kept the dividend yield of at least 10 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

Demat accounts rise 34% to 10.8 crore in December on attractive returns from equity markets - almost 2 years ago
The incremental additions of such accounts were 21 lakh in December 2022, compared to 18 lakh each in October and November and 20 lakh in September, according to an analysis by Motilal Oswal Financial Services.
Economic Times

Look for PEG, not PE! Here are 4 stocks with right PEG for long wealth creation - almost 2 years ago
PEG ratio is much better compared to the commonly used P/E ratio. It helps us to avoid stocks which might appear cheap but actually are not value buys. Especially in sectors like banking and financial services which have large numbers of stocks which on face of it appear cheap but are actually not. Also in sectors which are cyclical in nature, looking at the price earning matrix may lead to wrong decisions. 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

Budget 2023: Foreign portfolio investors seeking clarity & parity on tax - almost 2 years ago
Recognizing their role, the Indian government decided to permit FPI investment in InvITs and REITs (referred to as ‘business trusts’) in 2016. This was aimed at increasing liquidity and attracting capital for InvITs and REITS, leading to wider participation by global investors.
Economic Times

Investing in the Digitized Future: 3 Megatrends to watch out for! - almost 2 years ago
In the past, investors building their portfolio were often constrained by a home-country bias. This geographic approach led investors to focus on their home markets that they were familiar with, which often caused them to miss some of the best performing global businesses in the past ten years.
Economic Times