Gainers and Losers: Yes Bank, Dalmia Bharat among 7 stocks in limelight on Tuesday - almost 2 years ago
Benchmark indices ended in the green on Tuesday after retail inflation dipped below the RBI's upper tolerance level of 6 per cent for the first time in 11 months in November. . Nifty added 0.6% or 111 points to end at 18,608, while Sensex climbed 402 points or 0.65% and settled at 62,533. Sectorally, public sector banks continued their winning run and added another 4%, while FMCG and Realty packs ended in the red.Here are the stocks that hogged the limelight on Tuesday:
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Tech View: Nifty reclaims 20-DMA to form green candle. What traders should do on Wednesday - almost 2 years ago
India VIX was down by 3.28% to 12.88 levels from 13.31. Volatility dropped to its multi-month low and has been hovering at lower levels from the last two months.Option data suggests a trading range in between 18,300 and 19,000 zones, while an immediate trading range in between 18,400 and 18,750 zones.
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Demat accounts grow to 10.6 crore in November - almost 2 years ago
At present, the top five discount brokers account for 59.1% of overall NSE active clients, up from 58.9% in October 2022. Zerodha remained the top broker with a 24 bp rise in market share to 18.3%; however, it reported a 0.5% MoM decline in its client count to 66 lakh.
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Sensex jumps 403 pts, Nifty tops 18,600 as inflation eases - almost 2 years ago
Among Sensex stocks, IndusInd Bank, Bajaj Finance, TCS, HCL Tech, M&M and Infosys were the top gainers, rising around 1.5-2%
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7 power stocks rally up to 200% in 2022. Do you own any? - almost 2 years ago
The BSE Power index is the best-performing sector among all sectoral indices for the year 2022. 7 of 11 power index stocks gained over 25 percent. It includes three stocks from the Adani Group. Adani Power tops the list with a gain of over 200 percent in a year. Most of these stocks have more strengths than weaknesses, according to the SWOT analysis. Take a look at the key strengths of these stocks, according to Trendlyne.com.
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Sensex snaps 2-day losing streak, gains 400 pts; Nifty tops 18,600; PSU Banks rally - almost 2 years ago
Closing Bell: Sensex snaps 2-day losing streak, jumps 403 points; Nifty tops 18,600; Dhanlaxmi, Central Bank zoom 18% each.
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RBI removes informal restrictions on rupee NDF trades - almost 2 years ago
The bankers declined to be named as they are not authorized to speak to media. The Reserve Bank of India did not reply to an email seeking comment.The central bank had in October informally communicated to banks to halt building new positions in the NDF market to manage the rupee's volatility. The rupee had dropped to record low of 83.29 in October.
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Tata Steel, Airtel among top 10 most-bought stocks by MFs in November - almost 2 years ago
In November, mutual funds deployed Rs 1,700 crore and alongside FIIs bought Rs 34,900 in the Indian secondary market. Key additions by MFs in November were in HDFC Bank, Axis Bank and Archean Chemical, whereas they trimmed holdings in ICICI Bank, HCL Technologies and Kotak Mahindra Bank. Here is a list of the top 10 stocks where MFs increased their portfolio, according to a report by Nuvama Institutional Equities:
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Yes Bank rallies over 30% in three days. Does the lender have more fireworks left in it? - almost 2 years ago
The scirp has surged as much as 32% in the last three sessions from Rs 17.4 levels on Thursday, December 8. It has gained about 50% in about three months, whereas it's up 67% in the six-month period.Investors are hopeful about the fresh developments of private sector lenders. Besides, Yes Bank bank is eyeing fresh investments by Carlyle Group and Verventa Holdings.
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Japan's Nikkei hits 2-wk high ahead of U.S. CPI data, Fed meet - almost 2 years ago
The Nikkei ended the day up 0.4% at 27,954.85, after hitting a high of 28,116.56, a level not seen since Dec. 1, but then gradually pared those gains during the morning session and traded mostly sideways in the afternoon.
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BofA sees Nifty at 19,500 in 2023, shares top sectoral picks - almost 2 years ago
"Based on how macro things play out, we expect Nifty to trade in a range from 17K-20K. In our base case we value Nifty at 21.5x near +1SD to its long-term average with a target of 19.5K," BofA analyst Amish Shah said in a report.
Economic Times

Retail investors clash with pros over best stock trade before the Fed rate decision - almost 2 years ago
Alec Young, chief investment strategist at MAPsignals, said that while “retail might have it right,” the professionals’ caution is warranted because consumer price index data will be released Tuesday, a day before the Federal Open Market Committee rate decision and both have driven big market moves.
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Tata Motors to hike commercial vehicle prices by up to 2% from January - almost 2 years ago
The company has been absorbing a significant portion of the increased costs, but the steep rise in overall input costs has compelled it to pass on some proportion through this minimal price hike,” the automaker said in a release.In the quarter ended September, Tata Motors’ India business witnessed an over 33% year-on-year (YoY) rise in input costs to Rs 9.674 crore. Raw material cost as a percentage of sales was 65% in the quarter.
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BSE touches 12 crore investor base by adding 1 crore users in 148 days - almost 2 years ago
Out of the 12 crore users, about 42% fall in the 30-40 age bracket, followed by 23% in the 20-30 and 11% in the 40-50 age bracket. Since 2008, the highest annualised growth of 31% has been recorded in the age bracket of 30-40. About 20% of the new additions came from Maharashtra, followed by 10% from Gujarat and 9% from UP.
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L&T, HUL and Marico among 8 stocks that may deliver strong returns in short term - almost 2 years ago
Domestic equity markets have been in corrective mode lately as the benchmark indices have seen a sharp profit booking in the last few sessions, keeping traders on tenterhooks. However, brokerage firms see enough money-making opportunities in a number of stocks. Based on their recommendations, here are some top picks from brokerage firms where traders can initiate buying for short-term gains:
Economic Times

2023 to be a story of 2 halves; time to patiently wait for real “sale” in markets - almost 2 years ago
Which brings the focus to flows. FIIs have sold close to $20 billion in CY22 but were buyers for four of the past five months. In comparison, equity fund flows into mutual funds (including ETF) have topped $45 billion, a massive increase over previous years, save for a nuance. Non-SIP flow in mutual funds has been negative for four of the past five months.
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Up 175% in 4 months! This multibagger stock announces stock split - almost 2 years ago
The company board has approved sub-division of equity shares in a 1:5 ratio. This means that every share with a face value of Rs 10 each will be divided into five equity shares of a face value of Rs 2 each.
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BGR Energy hits 20% upper circuit on bagging Rs 330 crore order from IOC - almost 2 years ago
This order is for civil and structural works at the Panipat Refinery Project complex. The company has secured orders from Indian Oil for the construction of civil and structural works in Panipat, Haryana, the filing further added.
Economic Times

Paytm shares rise 3% ahead of buyback proposal - almost 2 years ago
Given the net worth of Rs 13,564 crore, the maximum buyback of Paytm from the tender route can be Rs 3,391 crore and the maximum buyback through the open market can be Rs 2,035 crore. If Paytm wants to avoid a special resolution, it will have to do a buyback of less than 10% of net worth, which comes close to Rs 1,356 crore, according to a report by ET Now.
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Dalmia Bharat falls over 5% after acquisition of Jaypee’s cement assets - almost 2 years ago
Following the development, brokerage firm Jefferies said, "If the acquisition fructifies, it will enable Dalmia to expand its footprint into the Central Region and add one more region to its vision of emerging as a pan India cement player. Deal timelines, additional required capex, limestone reserves are key for the company.”
Economic Times

Landmark Cars IPO opens today; here's what company has to say - almost 2 years ago
The Rs 552-crore initial public offering (IPO) of Landmark Cars kicked off for subscription on Tuesday, December 13. Investors can subscribe to the issue in the range of Rs 481-506 apiece till Thursday, December 15. Here's what company's top management had to say. Listen in.
Economic Times

Rs 3,200 crore-bet! Mutual funds applied for all 8 IPOs in November - almost 2 years ago
Mutual funds owning shares of Medanta chain of hospitals operator Global Health includes Axis Mutual Fund, Franklin Templeton, Kotak, Motilal Oswal and HDFC AMC. Shares of the hospital stock are trading higher by over 34% from its IPO issue price of Rs 336.
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5 smallcaps with 'Strong Buy' & 2 with 'Buy' ratings can rise up to 39% - almost 2 years ago
As Nifty makes new highs, market breadth in the small cap segment has improved in the last couple of months. Selective small caps are also getting attention in the market. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".
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Large cap stocks including 3 new-age companies and a health insurance major having an upside potential of over 25% - almost 2 years ago
Select large cap stocks in some sectors have gained attention in the markets once again. Some of them have witnessed a spike after a long period of consolidation. 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

5 midcap stocks from with upside potential of up to 30% - almost 2 years ago
Midcap pharma stock to an entertainment company are among mid-cap stocks which have seen their scores moving up and also market sentiment moving in tandem in terms of price inching upward. 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

The risks of poor governance to investors in India - almost 2 years ago
For instance, inheritance within the family to the male members may allow the business to pass from one generation to the next but also create governance issues if there are other shareholders.
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Tycoon Birla is said to weigh selling insurance brokerage unit - almost 2 years ago
The sale is part of Aditya Birla Capital Chief Executive Officer Vishakha Mulye’s efforts to restructure the company’s businesses, which range from asset management to mortgage financing, in order to boost shareholder returns, the people said.
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Paytm’s surprise share buyback plan is drawing skepticism - almost 2 years ago
The board of One 97 Communications Ltd., the listed-entity that runs Paytm, will decide on the buyback on Tuesday. The move comes as the stock has plunged about 75% since its listing last November to emerge as the world’s worst-performing large initial public offering in a decade. The slump also prompted a unit of Japan’s SoftBank Group Corp. — a key backer — to trim its holding.
Economic Times

Chart Check: 17% returns in a month? Breakout from inverse head & shoulder pattern makes Rallis India an attractive buy - almost 2 years ago
Short-term traders who missed the bounce can look at buying the stock now or on dips for a target of Rs 285 in the next 3-4 weeks, suggest experts.The stock rallied from Rs 225 recorded on November 11, 2022, to Rs 264 as on December 12 which translates into an upside of over 17%.
Economic Times

Sensex rises over 100 points, Nifty above 18,500; JP Associates gains 5% - almost 2 years ago
Sensex rises over 100 pts, Nifty above 18,500; JP Associates gains 5%, Yes Bank 4%; Most active stocks: YES Bank, PNB, Voda Idea.
Economic Times

Sensex gains 150 points as India's retail inflation eases; Nifty above 18,500 - almost 2 years ago
“The two macroeconomic data which came yesterday have significant implications for the market. The CPI inflation for November at 5.88 % is below the RBI’s upper tolerance limit. This is good news. But the bad news is that the Index of Industrial Production (IIP) shows a contraction of 4 % in October,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.
Economic Times

Hot Stocks: Global brokerages view on Siemens, Dalmia Bharat and Colgate Palmolive - almost 2 years ago
JP Morgan maintained its overweight rating on Dalmia Bharat with a target price of Rs 1845. Proposed acquisition at attractive valuations which will give Dalmia a pan-India footprint, it said.
Economic Times

Fundamental Radar: Why Lemon Tree is a long-term buy at current levels, says Sneha Poddar - almost 2 years ago
“We expect Lemon Tree to deliver a revenue/EBITDA CAGR of 59%/97% over FY22-24 and RoE to improve to 13% by FY24. We are positive on the stock with a target of Rs 110,” Sneha Poddar, Associate Vice President at Motilal Oswal Financial Services Limited, said.
Economic Times

Can stocks of India’s Maharatna cos bring ‘mahalaxmi’ to D-Street investors in 2023? - almost 2 years ago
Some experts believe that stocks in this space are up for big gains in 2023 in the run-up to the Union Budget for 2023-24 (April-March) in February. This would be the last one ahead of the general elections in 2024, and experts are eyeing a growth-oriented budget from the incumbent government to give further impetus to capital investments.
Economic Times

Buy or Sell: Stock ideas by experts for December 13, 2022 - almost 2 years ago
ET Now spoke to various experts and here's what they have to recommend for today's trading session. Jay Thakkar has a buy/sell recommendation on HDFC Bank and AU Small Finance while Kunal Bothra has a buy/sell recommendation on IRB Infra and PFC for today's trading session. Check out the targets and stop-loss.
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Stocks to buy today: 4 short-term trading ideas by experts for 13 December 2022 - almost 2 years ago
We have collated stocks from various experts for traders who have a short-term trading horizon.
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Zomato, Delhivery, PB Fintech among MFs’ top purchases in Nov; are the tables turning? - almost 2 years ago
We are comfortable owning businesses where we could see a reasonable path to profitability and make sense from a capital efficiency standpoint. This has led us to avoid investment in some of the new age companies,said Vinit Sambre, head of equities at DSP Mutual Fund.
Economic Times

Paytm board to weigh buyback today after historic slump - almost 2 years ago
Paytm’s board is meeting Tuesday to consider a share buyback after the Indian fintech company’s stock lost three-quarters of its value since its 2021 initial public offering. Directors of Paytm, officially known as One 97 Communications Ltd., are set to decide on the number of shares the company will potentially repurchase and at what price.
Economic Times

Fundamental Radar: 5 reasons why Lemon Tree could give 20% upside in next 1 year - almost 2 years ago
Demand from corporate travel remains robust and it continues to be the highest contributor to room nights sold. The contribution of the retail segment has also grown significantly. Going ahead, the management sees a significant improvement in consumer sentiment and expects Leisure and corporate travel to continue gaining traction.
Economic Times

SBI, Airtel, RIL & 5 other stocks to accumulate in 2023 - almost 2 years ago
With Nifty having risen 5% in the calendar year 2022, HDFC Securities has a cautious outlook on the index. “We believe, there is a downside risk to FY24 consensus earnings and a very limited scope of valuation upside. This will keep the upside for the index capped and at the best, it will move in line with the earnings growth,” HDFC Securities said.The brokerage recommends investors to accumulate these 8 stocks:
Economic Times

Jindal Steel & Power: Short-term sideways to bullish - almost 2 years ago
Jindal Steel & Power’s daily trend is bullish, however, in the last few trading sessions, it is showing weaknesses and shown some correction. Based on option chain analysis, the range is between 500 and 600. This is a wide range. Using the PCR ratio, it is at 0.7. Let’s plan a trade around that.
Economic Times

Corporate Radar: Paytm board meet to mull share buyback & more - almost 2 years ago
The board of Grandma Trading will be announcing its quarterly results. Furthermore, the board of One 97 Communications, the parent company of payments services firm Paytm, will meet to consider and approve share buyback.
Economic Times

Stocks in focus: Exide, KEC International and more - almost 2 years ago
Nifty futures on the Singapore Exchange traded 22.5 points, or 0.12 per cent, higher at 18,620.50, signaling that Dalal Street was headed for a positive start on Tuesday. Here are some stocks which may buzz the most in today's trade.
Economic Times

Trader's Guide: These 2 stocks can rise up to 7%, show tech charts - almost 2 years ago
The Nifty on Monday recovered from the low point below the 18,400 mark in a strong consolidation. As all eyes are now focussed on US Fed panel’s decision, the Indian markets are likely to go into a wait-and-watch mode.
Economic Times

US Fed’s last meeting of 2022 begins today: Which way will Sensex go? - almost 2 years ago
After four consecutive mega-hikes of 75 basis points, the market is expecting Fed Chair Jerome Powell to moderate the pace of hikes to 50 bps amid early signs of moderation in inflation. The outcome of the two-day meeting of the Federal Open Market Committee (FOMC) would be known tomorrow midnight.
Economic Times

Options traders brace for big swings as U.S. CPI data, Fed meeting loom - almost 2 years ago
The S&P 500 has moved an average of around 3% in either direction over the past six CPI releases, including a 5.5% jump on Nov. 10, when inflation data came in weaker than expected. That compares with an average daily move of about 1.2% over the same period.
Economic Times

Big Movers on D-St: What should investors do with VA Tech Wabag, Godfrey Philips and Apollo Hospitals? - almost 2 years ago
The stock bounced after a few days of consolidation and rose to a 52-week high. A rise in volume indicates that major market participants were in favour of the bulls. The key technical indicators are positively poised.
Economic Times

JINDAL STEEL & POWER: Short-term sideways to bullish Sahil Swaroop - almost 2 years ago
Jindal Steel & Power’s daily trend is bullish, however, in the last few trading sessions, it is showing weaknesses and shown some correction. Based on option chain analysis, the range is between 500 and 600. This is a wide range. Using the PCR ratio, it is at 0.7. Let’s plan a trade around that.
Economic Times

US stock market: Wall Street rallies with inflation, Fed on tap - almost 2 years ago
Consumer inflation data will be closely monitored on Tuesday, and is expected to show prices increased by 7.3% in November on an annual basis, slowing from the 7.7% rise in the previous month, while the "core" reading which excludes food and energy is expected to show a 6.1% increase from the 6.3% in the prior month.
Economic Times

Asian stocks rise on optimism ahead of central bank rate decisions - almost 2 years ago
A key focus for traders was U.S. inflation data due out at 1330 GMT on Tuesday, with core CPI expected to slow from 6.3% to 6.1% and headline inflation dropping to 7.3%. Treasury Secretary Janet Yellen struck a cautious note on Sunday in saying she expected a substantial slowdown in 2023 inflation, but that the U.S. economy remained prone to shocks.
Economic Times