RBI may lower FY23 GDP growth forecast - almost 2 years ago
A three-day meeting of the central bank's monetary policy committee is scheduled for December 5-7. Besides its rate move, the meeting will be closely watched for RBI's growth projection, which currently stands at 7% for 2022-23.
Economic Times

Stocks in focus: M&M, NMDC, Wipro, Kotak Bank, Paytm, NMDC Steel, Yes Bank and more - almost 2 years ago
Nifty futures on the Singapore Exchange traded 46.5 points, or 0.25 per cent lower at 18,929, signaling that Dalal Street was headed for a negative start on Friday. Here are a dozen stocks which may buzz the most in today's trade
Economic Times

Big Movers on D-St: What should investors do with KRBL, L&T and Escorts? - almost 2 years ago
A promising range breakout formation and long bullish candle are indicating further upside from the current levels. For the breakout traders, 415 would be the key level to watch. Overall chart structure suggests if the stock sustains above the same, then the breakout continuation texture is likely to continue up to 460-480.
Economic Times

SoftBank likely to sell 5% stake in PB Fintech - almost 2 years ago
As of September 2022, SoftBank held a 10.17% stake in the company that operates the online insurance aggregator. The sale will almost halve this stake. SoftBank and Citigroup, the sole book runner for the deal, did not respond to ET's queries till press time Thursday.
Economic Times

Asian shares tentative ahead of U.S. payrolls data, dollar nurses losses - almost 2 years ago
Investors are also watching for more signs that China is easing its zero-COVID policy, and whether China would contribute more to global growth next year amid a looming global recession.
Economic Times

Rights issues at deep discount could be a good bet for investors - almost 2 years ago
Some companies, such as Heritage Foods, Sandur Manganese, PTC Industries, Choice International, and Suzlon Energy, have recently offered rights issues at 40-95% discounts to the prevailing market prices. In some of them, the retail investors' portion was not fully subscribed.
Economic Times

Stocks in the news: Wipro, Kotak Bank, Paytm, NMDC, Phoenix Mills and Yes Bank - almost 2 years ago
Private equity majors The Carlyle Group and Advent have got the Reserve Bank's nod to own up to 9.99 per cent in the private sector lender Yes Bank.
Economic Times

US rate hike cues lift markets to new highs - almost 2 years ago
The market, however, took Fed's warning that it has "more ground to cover" in tightening monetary policy in its stride. Most major averages in the region advanced 0.5-1% anticipating 50 bps or smaller rate hikes in December and forthcoming months from 75 basis point hikes on the previous four occasions.
Economic Times

NDTV promoter group co allots 1.99 m shares to Adani firm - almost 2 years ago
The shares submitted so far represent more than 31.78% of the 16.8 million shares that the Adani Group has offered to buy under the compulsory open offer. On November 7, the market regulator had granted approval to the ₹492.81 crore open offer for a 26% stake.
Economic Times

SGX Nifty trades 55 points lower; here's what changed for market while you were sleeping - almost 2 years ago
Stocks edged lower in Asia after US equities struggled for direction, with traders awaiting a jobs report later Friday for clues on the Federal Reserve’s next policy steps.
Economic Times

US stock market: Wall Street ends mixed; Salesforce selloff pressures Dow - almost 2 years ago
U.S. manufacturing activity shrank in November for the first time in 2-1/2 years as higher borrowing costs weighed on demand for goods, data showed, evidence the Fed's rate hikes have cooled the economy.
Economic Times

Sebi asks MFs to act against con Telegram channels - almost 2 years ago
The capital markets regulator said in a communication to the industry on November 30, Telegram is rife with dubious groups masquerading as fund houses. Sebi's warning to the industry comes in the wake of instances where investors have been defrauded by these telegram group operators, said three mutual fund industry officials.
Economic Times

Stock Radar: Buy Dabur India for a target of Rs 670, Says Shitij Gandhi - almost 2 years ago
“A fresh breakout above “Cup & Handle pattern” was observed in Dabur India which points towards next upswing into the prices towards 670 levels,” Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said.
Economic Times

Stock Radar: Dabur India breaks above bullish flag pattern; fresh record highs possible - almost 2 years ago
A bullish flag is usually formed in stocks with strong uptrends and is considered a continuation pattern
Economic Times

Wall St slides after manufacturing data, Salesforce tumbles - almost 2 years ago
The Dow Jones Industrial Average fell 56.2 points, or 0.16%, at the open to 34533.59
Economic Times

Ahead of Market: 10 things that will decide D-Street action on Friday - almost 2 years ago
“Over the short term, the trend is likely to remain positive. On the higher end, resistance is pegged at 18,900-19,000, whereas supports are placed at 18,700/18,500,” Rupak De, Senior Technical Analyst at LKP Securities, said.
Economic Times

Cosmo First announces Rs 108-crore buyback offer - almost 2 years ago
The company will buy back 10.09 lakh shares having a face value of Rs 10 each
Economic Times

S&P 500, Nasdaq edge higher on solid consumer spending data, easing prices - almost 2 years ago
The Dow Jones Industrial Average fell 56.2 points, or 0.16%, at the open to 34533.59
Economic Times

These 6 smallcap stocks gain over 20% in Nov; still over 50% away from their year-high - almost 2 years ago
Overall, November proved fruitful for Indian equities. Benchmark index Sensex gained about 4% while smallcap was up about 2.5%. During this run up several smallcap stocks have seen good upside momentum. ET Markets analyses the small-cap stocks that have gained over 20% in November but are still trading 50 to 55% away from their 52-week high (Data Source: ACE Equity).
Economic Times

Credit rating agencies: Sebi extends deadline for standardised framework implementation - almost 2 years ago
In view of representations received from credit rating agencies, it has been decided to extend the date of applicability of the standardised industry classification till December 15, the Securities and Exchange Board of India (Sebi) said in a circular.
Economic Times

Softbank Group to sell 5% stake in PB Fintech on Friday: Reports - almost 2 years ago
​​Through the sale, Softbank aims to raise Rs 1,000 crore
Economic Times

Tech View: Nifty forms red candle on daily chart. What traders should do on Friday - almost 2 years ago
Chart readers said Nifty is now showing signs of running out of steam for the time being. The mark, 18,888, could be a tough resistance to cross while 18,678 could offer support in the near term.
Economic Times

Sebi permits brokers to extend margin trading facility to equity ETFs - almost 2 years ago
"Taking into account the emergence of ETFs as an investment product with various advantages such as transparency, diversification, lower cost, etc, it has been decided to allow units of equity exchange traded funds (equity ETFs)... as an eligible security for MTF as well as an eligible collateral under MTF," Sebi said in a circular.
Economic Times

These 5 largecap stocks touch their new 52-week high - almost 2 years ago
The benchmark index closed higher for the eighth consecutive day. The benchmark index Sensex gained about 184 points to 63,284 on Thursday. During this rally, five stocks from the BSE 200 index managed to touch 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

Decoding the impact of a global recession on booming Indian economy - almost 2 years ago
With rapid urbanization and holistic governmental efforts to develop the rural economy paying off, India continues to maintain its position as a top investment destination that seems unperturbed by the current recessionary climate engulfing developed economies.
Economic Times

Nifty IT index surges 3%; LTTS, Mphasis, Persistent rally up to 8% - almost 2 years ago
Shares of L&T Technology Services surged 8%, Mphasis and Persistent rose over 5%, while TCS, Tech Mahindra, Coforge, and LTI advanced over 2%.
Economic Times

Shree Securities hit 5% upper circuit amid stock split buzz - almost 2 years ago
In an exchange filing, the company said that its board of directors are scheduled to meet on Friday, December 16, to consider and approve the proposal to sub-divide or split the equity shares.Following the update, shares of the smallcap player jumped 5% to Rs 29.50 on Thursday. The stock settled at Rs 28.10 on Wednesday.
Economic Times

Learn with ETMarkets: How can algo trading improve a trader's experience? - almost 2 years ago
Today, the times have changed with the advent of technology, and investors from each segment are now easily able to access market technicalities, charts, data points, research reports, DRHPs, and many more with a smartphone, internet access, and an account with the broker.
Economic Times

These midcaps with ‘strong buy’ and ‘buy’ ratings have upside potential of more than 25% - almost 2 years ago
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". This predefined screener is only available to ET Prime users.
Economic Times

2 auto majors, a hospital chain & multibagger pharma stock among 9 largecaps that have 22% upside - almost 2 years ago
While NIFTY continues its upward journey and forms a new high, the market is getting stock specific in all segments, be it large, small or midcaps. The primary reason being that if a correction happens, then it is a select set of stocks which would be able to hold their head above water. These stocks from different sectors are identified on the basis of data from the latest Stock Reports Plus report and only stocks with - at least 10 analysts providing a price target and a minimum score of 7 - are included. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.
Economic Times

Sensex surges for 8th straight day to close at record high; Nifty tops 18,800 - almost 2 years ago
Closing Bell: Sensex surges for 8th straight day to close at record high; Nifty tops 18,800; Dalmia Bharat, Piramal Enterprises up 4% each
Economic Times

Bajaj Auto shares drop 4% after November sales data release - almost 2 years ago
Sales of Bajaj Auto stood at 3.06 lakh units in November 2022 against 3.79 lakh units in November 2021
Economic Times

D-Street bulls continue run for 8th session; Sensex, Nifty end at all-time highs - almost 2 years ago
The 30-share pack Sensex advanced 184 points to end at 63,284, while its broader peer Nifty50 ended above the 18,800 mark after touching a new peak of 18,888 in intra-day trade.
Economic Times

Sensibull CEO Abid Hassan to talk on MTM fake profit scam on ETMarkets Live Stream - almost 2 years ago
During the LIVE discussion, Hassan will explain how some finfluencers generate fake MTM screenshots to impress gullible younger traders on social media. The expert will explain to the audience how one can identify such fake profit claims made by some traders on social media channels.
Economic Times

Tatas, Walt Disney to launch Tata Play IPO; becomes first firm to file confidential DRHP with Sebi - almost 2 years ago
Tata Play, formerly known as Tata Sky, has become the first Indian company to file a confidential pre-filing of offer document for its initial public offer (IPO) with market regulator Sebi. The Tata group firm filed documents with Sebi, BSE and National Stock Exchange (NSE) on November 29. The firm advertised the same in a leading daily newspaper.
Economic Times

RBI gives conditional nod to Carlyle, Advent for Yes Bank stake buy - almost 2 years ago
"The investors are evaluating the conditions," Mumbai-based Yes Bank said, adding that the bank and the investors will engage with the Reserve Bank of India to seek an early resolution of the conditions and get final approval.
Economic Times

JPMorgan sees 9-10% rise in Chinese stocks by end-2023 - almost 2 years ago
"We forecast 10% potential upside in MSCI-China from now to end-2023," JPMorgan's analysts said in note, adding that their target for the yuan-denominated CSI-300 stocks index was a 9% rise to 4,200 points.
Economic Times

Gainers & Losers: L&T Tech among 6 stocks that hogged limelight today - almost 2 years ago
Despite marginal gains, benchmark indices set an all-time high record, rising for the 8th straight session on Thursday. The Nifty 50 hit an intraday record high of 18,888 points and Sensex a high of 63,583 points.The Nifty Bank, too, tested a lifetime high of 43,515 points.The following stocks were in news today:
Economic Times

Market cap of top 10 stocks equals 37% of India's GDP: Report - almost 2 years ago
With a market cap of Rs 17.25 lakh crore, Mukesh Ambani-led Reliance Industries is India's most valued company, followed by TCS, HDFC Bank, Infosys and ICICI Bank.
Economic Times

Proposed gas pricing formula augurs well for domestic gas companies - almost 2 years ago
The Kirit Parekh Committee has recommended a floor price of $4 per million British thermal units (mmbtu) and a ceiling of $6.5 per mmbtu for domestic gas with an annual increase of up to $0.50 per mmbtu
Economic Times