​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

Non-promoter shareholders allowed to sell stake via OFS: Sebi - almost 2 years ago
Until now, only promoter and promoter group entities were allowed to sell stake through the offer for sale on bourses
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Tech View: Nifty forms bearish engulfing candle. What traders should do on Wednesday - almost 2 years ago
“For bulls, 18000 would be the key level to watch out for, and above the same, the index could retest the level of 18100-18150. On the flip side, 17800 would act as a sacrosanct support zone, below which selling pressure is likely to accelerate and drag down the index up to 17700-17675,” said Shrikant Chouhan of Kotak Securities.
Economic Times

Goldman Sachs raises $1.6 bln private capital for climate fund - almost 2 years ago
The fund, launched in 2021, provides so-called "growth capital" to companies further along in developing solutions in clean energy, sustainable transport, waste and materials, sustainable food and agriculture and ecosystem services.
Economic Times

Axis Bank enters into revised pact with Max Fin Serv for acquiring additional 7 pc stake in Max Life - almost 2 years ago
The penalty on Max Life Insurance was for violation of IRDAI's direction, misrepresentation to obtain approval, and contravention of share transfer directions. Axis Bank was fined for making undue gains in the deal and violation of norms.
Economic Times

Tech View: Nifty form bearish engulfing candle. What traders should do on Wednesday - almost 2 years ago
“For bulls, 18000 would be the key level to watch out for, and above the same, the index could retest the level of 18100-18150. On the flip side, 17800 would act as a sacrosanct support zone, below which selling pressure is likely to accelerate and drag down the index up to 17700-17675,” said Shrikant Chouhan of Kotak Securities.
Economic Times

Gainers and Losers: 2 Tata Group stocks among 9 that hogged limelight today - almost 2 years ago
Equity benchmarks Sensex and Nifty slipped into the negative territory on Tuesday after a day’s breather, 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 with Sensex ending 632 points lower at 60,115 points. Nifty dropped 187 points at 17,914. Barring Nifty healthcare and auto, all the other indices traded in the red. Nifty PSU Bank index posted the maximum loss at 3%.Here are the stocks that remained in focus on Tuesday:
Economic Times

1.2 crore SIP mutual fund accounts created in 1 year. 4 more things to know - almost 2 years ago
SIPs are currently basking in investors’ attention with another bout of inflows making fresh records. Monthly data shows SIPs contributed Rs 13,573.08 crore to mutual funds in December. Interestingly, with over 1 crore new SIP MF accounts created in 1 year, the number of such accounts for December 2022 stood at 6,12,42,531 as compared to 4,90,78,547 in the same month last year.“The importance of investing in equity markets for longer-term goals is not lost on investors and the same is reflected in the ever-increasing awareness and adoption of SIP as a goal-linked route to create wealth over the long term. This month, almost 24 lakh new SIPs were registered, which shows increasing investor belief in the instrument. SIPs are the simplest route to build a disciplined habit of regular investing,” said N S Venkatesh, Chief Executive, Amfi
Economic Times

SIP inflows stay above Rs 13,000 crore in December; MF folios hit record high - almost 2 years ago
But domestic institutional investors continued to pour money into the market as they net bought shares to the tune of over Rs 14,600 crore in December. In 2022, they poured a record Rs 1.9 lakh crore into the equity market, and this helped India outdo most of its emerging market peers.
Economic Times

Athulya Senior Care raises Rs77 cr to fuel expansion plans - almost 2 years ago
Athulya Senior care is backed by its founders Karthik Narayan, Srinivasan G and J Krishna Kavya, who have earlier served various healthcare institutions in the country and in the United States.
Economic Times

BofA Sec downgrades Bharti Airtel to underperform, slashes target by 22% - almost 2 years ago
Citing the downside risks to earnings, the brokerage has cut the earnings per share (EPS) estimates for FY24 and FY25 due to a slower-than-expected net addition of subscribers, lower margins, and interest expenses.
Economic Times

BofA Sec downgrades Bharti Airtel to “underperform”, slashes target by 22% - almost 2 years ago
Citing the downside risks to earnings, the brokerage has cut the earnings per share (EPS) estimates for FY24 and FY25 due to a slower-than-expected net addition of subscribers, lower margins, and interest expenses.
Economic Times

Sensex tanks 632 points, Nifty below 17,950; Eicher Motors, Yes Bank crack 3% each - almost 2 years ago
Closing Bell: Sensex returns to red after 1-day break, falls 632 points; Nifty below 17,950; Eicher Motors, Yes Bank crack 3% each.
Economic Times

PE inflows plunge 42 pc to USD 23.3 bn in 2022: Report - almost 2 years ago
Private equity investment inflows into the country fell by a sharp 42 per cent in 2022 from last year to USD 23.3 billion -- the lowest annual inflows since 2019 when it was a low USD 15.8 billion, but still relatively elevated compared to historical levels, said Elaine Tan, a senior analyst at Refinitiv, the LSEG business arm that provides financial markets data and insights.
Economic Times

Asian companies see earnings upgrades by analysts over the past month - almost 2 years ago
Last year, analysts cut their forward 12-month earnings by 7% as the region's revenues shrank due to China's stricter COVID-restrictions and as higher product prices affected companies' profit margins.
Economic Times

Equity mutual fund inflows more than triple in Dec: AMFI - almost 2 years ago
Small-cap funds accounted for most of the investments at 22.45 billion rupees. Large-cap funds saw outflows falling to 0.26 billion rupees, compared to outflows of 10.39 billion rupees in the previous month.
Economic Times

These 6 consistent performers in last 5 trading sessions have potential upside of up to 60% - almost 2 years ago
Against the backdrop of a volatile market in the last 5 trading days, benchmark index Sensex closed in the negative in three sessions. But, six stocks from the BSE 500 list consistently moved up in all of the five sessions and are still trading with at least a double-digit discount to their 52-week high. All 6 stocks see good upside potential, according to Trendlyne.com forecaster. Take a look.
Economic Times

The relationship between economy & stock market - almost 2 years ago
The connection between production and consumption activities, which controls how resources are distributed, is the economy. The purpose of producing goods and services is to meet the demands of consumers. This, to put it simply, is our economic system.
Economic Times

European shares dip as rate hike nerves crimp rally - almost 2 years ago
After a rough 2022, Europe's STOXX 600 has risen 5.5% since the start of this year on growing hopes that the euro zone will get a milder-than-expected recession and central banks will ease their aggressive monetary policy tightening.
Economic Times

Dalal Street's 'Big Whale' Kacholia adds this jewellery stock to his portfolio in Q3 - almost 2 years ago
Shares of the silver, platinum and diamond-studded jewellery maker have given good returns to investors in the last quarter. The stock has gained 9%, outperforming the BSE Smallcap index which rose 2% in the same period.
Economic Times

$1 billion gone in 6 days! Are FIIs behind today's sell-off on Dalal Street? - almost 2 years ago
Today's downside left Dalal Street investors poorer by Rs 3 lakh crore as the total market capitalisation of all BSE-listed stocks came down to Rs 280 lakh crore.
Economic Times

2023: A year with rate hike, pause & cut? - almost 2 years ago
Eventually, after slowing speed and applying a break, there comes a U-turn on the policy stance. Surely, dollar bears would welcome this scenario and keep on piling up their bets against USD. The carry is likely to go in favor of riskier currencies like Emerging market ones, at least until the recession spread out globally.
Economic Times

Japan's Nikkei closes at 2-week high on tech boost - almost 2 years ago
Japan's central bank last month widened the trading band for the benchmark 10-year government bonds to 0.5% from 0.25%, sending yields across the curve higher.
Economic Times

Smallcap multibagger stock rallies 9% in 2 days. Here's why - almost 2 years ago
"As per the latest UDCPR-2020 guidelines issued by the Govt. of Maharashtra, the company has applied to TMC for availing maximum potentiality of the land, and accordingly the company has received amended permission on 5 January 2023 for construction of Tower G," the company said in a release.
Economic Times

2023: a year with rate hike, pause & cut? - almost 2 years ago
Eventually, after slowing speed and applying a break, there comes a U-turn on the policy stance. Surely, dollar bears would welcome this scenario and keep on piling up their bets against USD. The carry is likely to go in favor of riskier currencies like Emerging market ones, at least until the recession spread out globally.
Economic Times

Sona BLW rises 8% after acquisition of Serbia-based NOVELIC - almost 2 years ago
At 10.43 am, the scrip was trading at 6.9% higher at Rs 452 over its previous day’s closing price of Rs 422.5 apiece. However, the stock has plunged about 21% in the last six months, while it has declined about 39% in the last one year.
Economic Times

This speciality chemical maker among 9 stocks with an upside potential of up to 53% - almost 2 years ago
As the market witnesses volatile movement there are few large cap stocks which are still finding favor with analysts . ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". The screener applies different algorithms for all BSE and NSE stocks. This predefined screener is only available to ET Prime users.
Economic Times

Bulls on back foot ahead of Powell's speech; Sensex falls 600 points - almost 2 years ago
In the Sensex pack, TCS and Infosys were the top laggards, falling about 1.5-2%. Asian Paints, HDFC, Tech Mahindra, HDFC Bank, HCL Tech and IndusInd Bank also opened with cuts. On the other hand Tata Motors, Tata Steel, Power Grid, M&M, Sun Pharma and Bajaj Finserv opened with gains.
Economic Times

These 6 midcap stocks with “Strong Buy” and “Buy” recommendations have potential upside of up to 26% - almost 2 years ago
While NIFTY continues to remain in a volatile mode, there are select midcaps which are witnessing an improvement in their scores. A engineering company to an auto ancillary company to sanitary ware company are the ones which have seen their rating moving up. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters.
Economic Times

Hot Stocks: Global brokerages on TCS, Tata Motors and Sona BLW - almost 2 years ago
JPMorgan maintained an underweight rating on TCS post December quarter results with a target price of Rs 3000. Jefferies maintained its hold rating on TCS with a target price of Rs 3500 post December quarter results.
Economic Times

Tata Motors shares jump 7% after global wholesales rise 13% in Q3 - almost 2 years ago
Jaguar Land Rover (JLR) said it continues to see strong demand for its vehicles. "As of December 31, 2022, the total order book increased to 2,15,000 client orders, up around 10,000 orders from September 30, 2022. Demand for the New Range Rover, New Range Rover Sport and Defender remains strong and represents 74% of the order book," it added.
Economic Times

The hectic month of January; watch out for these 4 events - almost 2 years ago
The same is visible in tractors too backed by strong rabi sowing, good kharif procurement, and agriculture exports. Meanwhile, EV and scooter penetration is accelerating in the urban market, however, the space is getting crowded.
Economic Times

Chart Check: Down over 30% from Jan 2022 highs, time to go short in InfoEdge with a target of Rs 3,350 - almost 2 years ago
Broad market indicator Nifty has formed a bearish engulfing pattern on the monthly chart and the daily chart shows stiff resistance at 18300 to 18400 in the near term. The Nifty IT sector continued to be under selling pressure.
Economic Times

Bulls on back foot ahead of Powell's speech; Sensex falls 550 points - almost 2 years ago
In the Sensex pack, TCS and Infosys were the top laggards, falling about 1.5-2%. Asian Paints, HDFC, Tech Mahindra, HDFC Bank, HCL Tech and IndusInd Bank also opened with cuts. On the other hand Tata Motors, Tata Steel, Power Grid, M&M, Sun Pharma and Bajaj Finserv opened with gains.
Economic Times

This energy conglomerate is on the move - almost 2 years ago
The stock is consolidating in the 2850-2300 range since April 2022. Over the past few sessions, the price was moving inside a Symmetrical triangle. A breakout of such a pattern propels the price in a particular direction with a higher momentum and greater public participation. In Monday's session, we have witnessed such a breakout.
Economic Times

10 largecap stock ideas from Motilal Oswal for double-digit returns - almost 2 years ago
Motilal Oswal Research recently came out with its top investment ideas in the largecap space for 2023. According to the report, the brokerage house is betting on 10 largecap stocks that can give double-digit returns. Take a look.
Economic Times

Extend trading hours if disrupted, SEBI issues circular for handling of stock exchange outage - almost 2 years ago
Sebi on Monday came out with a standard operating procedure (SOP) asking stock exchanges to inform about trading disruptions to stakeholders within 15 minutes from such occurance and extending trading time by one-and-a-half hours in certain outage conditions. The move came amid instances of technical snags impacting the overall trading system.
Economic Times

In spotlight: All eyes on these 10 sectors as Budget likely to see increased capex - almost 2 years ago
Meanwhile, with the growing preference for a China+1 strategy globally, experts expect the government to extend the tax sops under production-linked incentive (PLI) schemes for new manufacturing companies.
Economic Times

TCS Q3 results fail to lift share prices. Here's what brokerages say - almost 2 years ago
TCS's Q3 revenue growth of 19.1% YoY at Rs 58,229 crore surpassed analyst estimates. Global brokerage firm Jefferies said while TCS delivered healthy growth during the quarter, falling headcount and book-to-bill ratio points to sharp growth moderation in FY24.
Economic Times

Bulls on back foot ahead of Powell's speech; Sensex falls 450 points - almost 2 years ago
In the Sensex pack, TCS and Infosys were the top laggards, falling about 1.5-2%. Asian Paints, HDFC, Tech Mahindra, HDFC Bank, HCL Tech and IndusInd Bank also opened with cuts. On the other hand Tata Motors, Tata Steel, Power Grid, M&M, Sun Pharma and Bajaj Finserv opened with gains.
Economic Times

Sensex loses 150 points, Nifty below 18,100; Tata Motors rallies 4% - almost 2 years ago
Sensex falls 150 points, Nifty below 18,100; Tata Motors rallies 4%, TCS drops 2%; YES Bank, Vodafone Idea, Tata Steel, IDBI Bank are some of the top movers in opening trade.
Economic Times

Chris Wood finds Nifty valuation challenging. Is it really so? - almost 2 years ago
From a retail investor's perspective, it is best to ignore top-down market valuations unless one is buying index funds. For stock pickers, bottom-up valuation of individual stocks is much more relevant to make any investment decision.
Economic Times

Buy or Sell: Stock ideas by experts for January 10, 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 L&T and M&M while Kunal Bothra has a buy/sell recommendation on L&T Finance Holdings and RIL for today's trading session. Check out the targets and stoploss.
Economic Times

Trader's Guide: One bluechip largecap & a midcap stock that can rise up to 6% in near term - almost 2 years ago
As anticipated, the markets on Monday opened on a positive note and ended the day with a gain. The index on the energy sector is seen improving its momentum against the broader markets.
Economic Times

Stock to buy or sell today: 8 short-term trading ideas by experts for 10 January 2023 - almost 2 years ago
On the options front, the weekly maximum Call OI is placed at 18300 and then towards 18200 strikes while the weekly maximum Put OI is placed at 18000 and then towards 17800 strikes.
Economic Times

Tata Steel: Short-term bullish to sideways - almost 2 years ago
Tata Steel’ daily trend is bullish. However, RSI for monthly and weekly is indicating a sideways trend. Based on option chain analysis, the range is between 100 and 120. This is a wide range. Let’s plan a trade around this.
Economic Times

Is TCS’ Q3 scorecard enticing enough to change fortune of its investors? - almost 2 years ago
The two major factors cited by analysts for not turning bullish on the stock is the lack of clarity from the management on the outlook for deals, and the valuation discomfort.
Economic Times

Corporate Radar: Smallcap stock to trade ex-bonus and more - almost 2 years ago
The company offering allied capital markets services will also release its quarterly results. This is another stock that has generated significant wealth for investors with a 3-year return at 199%.
Economic Times

Asian shares dip on hawkish Fed remarks - almost 2 years ago
Core consumer prices in Tokyo, released on Tuesday, rose a faster-than-expected 4.0% in December from a year earlier, underpinning market expectations that the Bank of Japan may phase out its massive stimulus by tweaking its yield curve control policy.
Economic Times