Risks rise for Indian stocks as investors turn wary before Budget - almost 2 years ago
After beating most Asian and emerging market peers last year, India’s $3.4 trillion stock market is already overshadowed in 2023 as China’s reopening attracts global funds to the North Asian market after a record selloff.
Economic Times

Will Fed & China help metal stocks regain lost sheen? 3 stocks with an upside potential up to 16% - almost 2 years ago
Will the commodity prices surge once again after China gets past its worst covid wave and economic activity picks up. Recent trend in the price of select commodities may be holding the clue. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from the metal sector with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".
Economic Times

Chart Check: PFC breaks out of 12-year symmetrical triangular pattern on quarterly charts; where is it headed? - almost 2 years ago
The stock hit a fresh 52-week high of Rs 161.90 on 9 January 2023. It witnessed some profit-taking on 10 January, but experts are of the view that the long-term trend is intact.
Economic Times

Ideas for risk takers in 2023: 6 smallcap stocks that can rise up to 39% - almost 2 years ago
The overall risks in small caps stocks are higher as compared to other two segments, mid and large caps. Especially in the phase of correction they tend to take a hit more than other two segments. If one is looking at taking exposure in small cap stocks one should be ready to see a phase of underperformance before results of patience start to pour in.
Economic Times

PMS Tracker: Best and worst performing funds of 2022 - almost 2 years ago
Mukherjea-run Marcellus Investment Managers' two other funds - smallcap Little Champs and multi-cap Consistent Compounder funds - lost 10.55% and 8.8%, respectively, shows data pulled from PMSBazaar.
Economic Times

Saurabh Mukherjea's midcap fund worst performing PMS of 2022 - almost 2 years ago
Mukherjea-run Marcellus Investment Managers' two other funds - smallcap Little Champs and multi-cap Consistent Compounder funds - lost 10.55% and 8.8%, respectively, shows data pulled from PMSBazaar.
Economic Times

Bharti Airtel stock plunges over 4%. Here’s why - almost 2 years ago
JP Morgan is of the view that delayed price recovery is likely to impact telecom players. The global investment bank expects competitive 5G rollouts to gain momentum.
Economic Times

Morgan Stanley prefers these 4 bank stocks ahead of Q3 earnings - almost 2 years ago
These include reduction in excess liquidity, higher value for CASA deposits, and shift towards relatively higher-margin loans and lower slippages driving lower interest income reversals,” Morgan Stanley said.
Economic Times

Wealth builders: 2 sectors making stock investors richer every year since 2016 - almost 2 years ago
The financial services index has disappointed only in 2013 and 2015 in the last ten years. The calendar year 2014 turned out to be the best one so far when the index zoomed over 57%. In the last seven years, the index has given double-digit returns in 2017, 2018, 2019 and 2021.
Economic Times

Money-making ideas! HUDCO among 10 stocks that can rally up to 58% - almost 2 years ago
A host of brokerage firms have buy recommendations on a number of counters. They see a strong potential for value unlocking in these companies, with a targeted upside of up to 58%. These stocks belong to various sectors such as banking, realty, auto component & equipment, household appliances and more. Here is a list of 10 money-making ideas that can rally up to 58%:
Economic Times

Sensex falls 300 points, Nifty nears 17,800 amid sustained FII selling - almost 2 years ago
Among Sensex stocks, Bharti Airtel, HDFC, HUL, Nestle, Reliance and M&M were the top laggards. L&T, IndusInd Bank, Axis Bank and ICICI Bank also opened with cuts. However, Tata Motors, Tata Steel, Titan, Infosys and HCL Tech opened with gains.
Economic Times

Sensex drops 100 points, Nifty nears 17,850; Bharti Airtel falls 3% - almost 2 years ago
Sensex falls 100 points, Nifty nears 17,850; Bharti Airtel drops 3%, Adani Wilmar rises 3%; YES Bank, Tata Steel, Vodafone Idea, Bharti Airtel are some of the top movers in morning trade.
Economic Times

Hot Stocks: Brokerages on Max Financial, PVR, Bank of Baroda, Vodafone Idea, and Bharti Airtel - almost 2 years ago
Goldman Sachs maintained a buy rating on PVR for a target of Rs 2250. It was a subdued quarter which is not indicative of underlying weakness. The risk-to-reward ratio is attractive. Improving content slate, and strong pricing power are key triggers for PVR.
Economic Times

Trader's Guide: These 2 stocks can rise up to 5%, show tech charts - almost 2 years ago
It was a bearish day for the markets. On Tuesday, the Nifty opened on a somewhat positive note but ended up in the negative territory.
Economic Times

IndusInd Bank: Short term sideways - almost 2 years ago
IndusInd Bank’ daily trend is sideways. Also, RSI for monthly and daily are indicating a sideways trend. Based on option chain analysis, the range is between 1200 and 1300. Let’s plan a trade around this.
Economic Times

Stocks to buy or sell today: 6 short-term trading ideas by experts for 11 January 2023 - almost 2 years ago
“Options data suggests a shift in the trading range in between 17600 to 18300 zones while an immediate trading range in between 17700 to 18200 zones,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said.
Economic Times

Buy or Sell: Stock ideas by experts for January 11, 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 Petronet and Indigo while Kunal Bothra has a buy/sell recommendation on ICICI Bank and Zydus Life for today's trading session. Check out the targets and stoploss.
Economic Times

Corporate Radar: Smallcap civil construction co to go ex-dividend and more - almost 2 years ago
The company’s board meeting will be held to accept and take note of the resignation of Palak Salecha from the post of Company Secretary and Compliance Officer of the Company.
Economic Times

Big Movers on D-St: What should investors do with Sona BLW, Mahindra CIE and Tata Motors? - almost 2 years ago
During this period, the price has made a Lower Top Lower Bottom Pattern. At a lower level, the stock moved sideways for a few weeks and after consolidating in a range; the price has given some pullback with high volumes.
Economic Times

Stocks in focus: Uttam Sugar, Tata Motors and more - almost 2 years ago
Nifty futures on the Singapore Exchange traded 3.5 points, or 0.02 per cent, lower at 17,983, signaling that Dalal Street was headed for a muted start on Wednesday. Here are some stocks which are expected to see some action in trade today.
Economic Times

US stock market: Wall Street ends higher, Powell comments avoid rate policy - almost 2 years ago
Recent comments by other Fed officials have supported the view that the central bank needs to remain aggressive in raising interest rates to control inflation. Fed Governor Michelle Bowman said on Tuesday the bank will have to raise interest rates further to combat high inflation.
Economic Times

Lenders pick PFC-REC offer for Lanco Amarkantak Power - almost 2 years ago
The PFC-REC team received 95% of lender votes by value of debt, while Adani Power secured 17%, people cited above told ET. The voting percentages need not total up to 100 as lenders could vote for one offer, an alternative, or all of the options on the table. Reliance Industries, the third bidder in the fray, did not receive any votes, said the people cited above.
Economic Times

Indian realty bounces back across key sectors in 2022 - almost 2 years ago
The country's top eight property markets have seen sales of over 3.12 lakh apartment units in the year, an on-year growth of 34%. New home launches rose 41% with the addition of 3.28 lakh units, according to data from Knight Frank India. The Mumbai property market led residential sales, followed by the National Capital Region (NCR) and Bengaluru.
Economic Times

Private equity inflows into realty increase 20% - almost 2 years ago
In 2022, assets that generated income received the lion's share of funding in the sector. The residential, retail, and hospitality industries also attracted significant funding, as large transactions took place during the year and are expected to see continued growth in the coming years.
Economic Times

Bank, IT stocks drag key indices down 1%; Nifty slips below 18k - almost 2 years ago
The Sensex closed at 60,115.48, down 631.83 or 1.04%, after breaching 60,000 earlier in the session. The Nifty fell 187.05 points, or 1.03%, to end at 17,914.15. The Nifty has a crucial support at 17,650-17,700 levels, about 1.5% away from Tuesday's closing, analysts said.
Economic Times

Jet Airways saga: Jalan Kalrock Consortium writes to monitoring panel's authorised representative - almost 2 years ago
In the letter on Tuesday, the consortium has also sought a copy of the relevant minutes of the MC meetings in which the matter of CEO-designate Sanjiv Kapoor was "discussed and deliberated". "We request you to forthwith share a copy of the relevant minutes of the Monitoring Committee meeting in which this matter was discussed and deliberated and/or a resolution was passed to issue such a letter to Kapoor," it stated.
Economic Times

Majority of Reliance Capital lenders vote in favour of a second auction - almost 2 years ago
The administrator Nageswara Rao Y received 98% vote from lenders in favour of a second auction even as the National Company Law Tribunal (NCLT) will on Thursday hear a petition opposing the new auction filed by Torrent Investments, a bidder in the fray for acquiring the company.
Economic Times

'Many MSMEs looking to invest in expanding capacity amid inflation' - almost 2 years ago
More than half the companies are inclined to provide flexible working hours and are willing to pass on the price increases to customers that could keep inflation high, the survey found.
Economic Times

Religare Finvest eyes a fresh start after settling lender dues - almost 2 years ago
Managing director Rashmi Saluja said the company has already put forth its plans to the board of the parent Religare Enterprises (REL) and they include a preference issue to infuse money into RFL.
Economic Times

Equity MF flows surge 3-fold in Dec led by mid- and small-cap schemes - almost 2 years ago
The average assets under management (AUM) of the industry rose to ₹40.76 lakh crore compared to ₹40.49 lakh crore in the previous month. Mid-cap and small-cap funds attracted the bulk of the flows with such schemes receiving flows of ₹1,962 crore and ₹2,245 crore, respectively.
Economic Times

Sebi eases OFS norms for non-promoter investors - almost 2 years ago
The cooling-off period under the OFS mechanism for most liquid shares is around two weeks, for liquid shares around four weeks and for illiquid shares it is around 12 weeks.
Economic Times

Fed has only narrow role to play on climate change: Powell - almost 2 years ago
The Fed chair is three weeks away from the next meeting of the Federal Open Market Committee, which last year raised its benchmark lending rate from near zero to a range of 4.25% to 4.5% to battle high inflation. Officials are eyeing raising rates to above 5% this year, though they may again slow the pace of hikes at the next gathering.
Economic Times

Stock Radar: SBI Life could hit fresh record highs above Rs 1,400 in 1-2 months; time to buy? - almost 2 years ago
Short-term traders can look at buying the stock now or on dips towards Rs 1,200 levels
Economic Times

TCS' muted Q3 show sends IT pack lower - almost 2 years ago
Shares of TCS declined 1.01% on the BSE to close at ₹3,286.20. The stock fell more than 3%, almost wiping out the previous day's gains. Nearly 4 million shares exchanged hands on the BSE and NSE on Tuesday compared with an average daily volume of 1.7 million shares on both exchanges over the past month.
Economic Times

Wall St rises as Powell gives no clear comment on monetary policy outlook - almost 2 years ago
Microsoft Corp rose 1.2% after a report stated the software company was in talks to invest $10 bln in ChatGPT creator OpenAI
Economic Times

MCX launches online platform for Arbitration and Appellate Arbitration - almost 2 years ago
The platform will expedite arbitration processes of investors' / members’ complaints
Economic Times

Stock Radar: Accumulate SBI Life for a target of Rs 1480 in 1-2 months, says Ajit Mishra - almost 2 years ago
"SBI Life is among the best-performing names within the life insurance basket as it has been maintaining a steady uptrend since the beginning of 2021," Ajit Mishra, VP - Technical Research, Religare Broking Ltd., said.
Economic Times

Rekha Jhunjhunwala sells another 3.4% stake in Bilcare via open market - almost 2 years ago
According to the data on the exchange, Jhunjhunwala sold 7,94,431 shares of Bilcare on Tuesday at Rs 46 apiece
Economic Times

World Bank warns global economy could easily tip into recession in 2023 - almost 2 years ago
The development lender said it now expected global GDP growth of 1.7% in 2023 -- the slowest pace outside the 2009 and 2020 recessions in nearly three decades. In its previous Global Economic Prospects report, in June 2022, the bank had forecast 2023 global growth at 3.0%
Economic Times

Bed Bath & Beyond reports quarterly loss, bankruptcy threat looms - almost 2 years ago
The company did not say if it would file for bankruptcy after saying last week it was working with outside advisers to look at various options after years of weakening sales.The company did not take questions from analysts on its Tuesday earnings call "in light of the ongoing review of strategic alternatives," said Susie Kim, head of investor relations.
Economic Times

S&P 500, Nasdaq open lower after Powell's comments - almost 2 years ago
The S&P 500 opened lower by 3.52 points, or 0.09%, at 3,888.57, while the Nasdaq Composite dropped 27.93 points, or 0.26%, to 10,607.72 at the opening bell
Economic Times

Sebi amends rules for Alternative Investment Funds - almost 2 years ago
AIFs, in market parlance, refers to a privately-pooled investment vehicle which collects funds from investors whether Indian or foreign for investing these funds in the country. Broadly, AIF rules govern venture capital funds, private equity funds, SME funds, hedge funds among others.
Economic Times

Powell: Fed needs independence to fight inflation, should avoid climate policy - almost 2 years ago
"Restoring price stability when inflation is high can require measures that are not popular in the short term as we raise interest rates to slow the economy," Powell says
Economic Times

Global investment firm Carlyle acquires majority stake in VLCC - almost 2 years ago
"The investment underscores Carlyle's overall conviction in India's long-term economic and domestic consumption growth, which the team believes is characterised by product premiumisation and a shift in preference amongst the rising middle-class towards established brands," said a joint statement.
Economic Times

Sebi approves future contracts on corporate bond indices - almost 2 years ago
India's market regulator said on Tuesday it has decided to permit stock exchanges to introduce derivative contracts on indices of corporate debt securities rated AA+ and above.
Economic Times

Trading Guide: GE Shipping among 5 stock recommendations for Wednesday - almost 2 years ago
Equity benchmarks Sensex and Nifty were back in the red on Tuesday after a day’s break, ending 1% lower dragged down by Reliance Industries and banking stocks. A weak trend in European markets and unabated foreign fund outflows also negatively impacted the domestic equity market.The 30-share BSE Sensex tanked 632 points to settle at 60,115.48. Nifty saw a drawdown of close to 200 points and ended below 17,914.“Markets are gradually drifting lower amid volatility and indications are pointing towards more pain ahead. Meanwhile, mixed global cues combined with earnings season would keep traders on the edge. We thus reiterate our view to limit positions and prefer a hedged approach, especially for overnight trades,” Ajit Mishra, VP - Technical Research, Religare Broking, said.Here are stock recommendations for Wednesday:
Economic Times

SAT asks Sebi to provide certain documents to Chanda Kochhar in Videocon-ICICI Bank loan case - almost 2 years ago
Asking Sebi to provide documents, the tribunal said that it was obligatory for the markets regulator to supply all the minutes of the Sanctioning Committee meetings in respect of loan sanctioned to Videocon Group instead of partially supplying the minutes of those meetings where Kochhar was present.
Economic Times

​These 8 smallcaps record their new 1-year highs, surge up to 30% in a month - almost 2 years ago
The benchmark index Sensex has fallen about 630 points to 60,115 on Tuesday. Despite this free fall in the markets, 8 stocks from the BSE smallcap index managed to record new 52-week highs.The 52-week high is the highest price at which a stock has traded during the last year. Some traders and investors use this technical indicator as an important factor for analysing a stock's current value and for predicting its future price movement.
Economic Times

Jhunjhunwala family increases stake in this smallcap - almost 2 years ago
Rekha Jhunjhunwala, as per the latest corporate shareholdings filed, publicly holds 19 stocks with an estimated net worth of over Rs. 11,866.8 crore. Some of the top holdings of the investor include Aptech, Crisil, Indian Hotels and Jubilant Pharmova and Fortis.
Economic Times