SGX Nifty up 20 points; here's what changed for market while you were sleeping - almost 2 years ago
U.S. stock indexes rallied to kick off the trading week on Monday, lifted in part by gains in Microsoft and Pfizer, as investors girded for inflation data on Tuesday and a policy announcement from the Federal Reserve later in the week.
Economic Times

Stocks in the news: Tata Motors, ICICI Bank, HCL Tech, Macrotech, V-Guard and KEC - almost 2 years ago
The homegrown auto major Tata Motors said it would explore the possibility of partial divestment of its holding in subsidiary Tata Technologies Ltd through an initial public offering route.
Economic Times

Skip buyback offer, hold on to Piramal Cap NCDs: Advisers - almost 2 years ago
"It does not make sense to sell this secured AA-rated paper at a discount. Other comparable AA-rated papers in the market would yield between 9-9.5%, while this one yield 10.75%," said Deepak Punjwani, head-debt at GEPL Capital.
Economic Times

Exporters seek fewer loans on signs of slowing global trade - almost 2 years ago
Exports contracted in October after a gap of 19 months. Merchandise exports slipped below the level of $30 billion for the first time in the last 20 months. This marked a contraction of 16% on a sequential basis and a hefty 17% on an annualised basis.
Economic Times

Goldman's top 4 themes to play out in global economy - almost 2 years ago
The slowdown in population growth is a 'good problem' to have, in that global population control is a necessary condition for long-term environmental sustainability, Goldman said.
Economic Times

Institutions vote against Castrol's proposal to amend AoA - almost 2 years ago
According to the voting results published on BSE, 74.58%, including promoters, voted in favour, while 25.42%, including 82.92% of the institutional investors, voted against the resolution. As this was a special resolution, it requires the approval of shareholders holding at least 75% of the total equity.
Economic Times

Pristine Malwa gets court nod for resolution plan of CCD arm - almost 2 years ago
Pristine Malwa proposed a ₹521-crore resolution plan, which includes payment to lenders, employees, and cash in the company. The offer equates to 30% recovery for verified creditors.
Economic Times

Traders add bearish IT bets; stocks could decline 5-6% - almost 2 years ago
Country's largest IT services exporter Tata Consultancy Services declined for the seventh straight day. Provisional data showed a marginal increase in net open interest in December as well as January contracts.
Economic Times

Jaypee Group exits cement, sells biz to Dalmia Bharat - almost 2 years ago
The assets put together have a cement manufacturing capacity of 9.4 million tonnes per annum (MTPA), including clinker capacity of 6.7 million tonnes and thermal power plants of 280 megawatts and are situated in Madhya Pradesh, Uttar Pradesh, and Chhattisgarh.
Economic Times

Stock Radar: Colgate Palmolive breaks out of Symmetrical Triangle pattern; likely to hit fresh 52-week high in 5-6 weeks - almost 2 years ago
The stock with a market capitalisation of more than Rs 4,4000 crore hit a 52-week high of Rs 1,695 on September 2, 2022, but failed to hold on to the momentum
Economic Times

Wall Street steady ahead of inflation data, Fed action - almost 2 years ago
US stocks edged higher in early trading, indicating a cautious start on Wall Street. The Dow Jones Industrial Average rose 0.55%, the S&P 500 gained 0.27%, and the Nasdaq Composite added 0.07%.
Economic Times

Stock Radar: Buy Colgate Palmolive with a target of Rs 1825, says Shitij Gandhi - almost 2 years ago
"At current juncture, Colgate Palmolive has given a fresh breakout above a Symmetrical Triangle pattern and can be seen trading in a rising channel with the formation of the higher high and higher bottom pattern," Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said.
Economic Times

Sebi issues Rs 14-cr demand notice to Jindal Cotex in GDR manipulation case - almost 2 years ago
In the event of non-payment, it will recover the amount by attaching and selling the movable and immovable properties of the firm.
Economic Times

Morgan Stanley to slash 2022 banker bonuses in Asia by up to half: Report - almost 2 years ago
The scale of the cuts in Asia could be replicated in Morgan Stanley's U.S. and European operations, and would be in contrast with 2021 when its top bankers earned up to 20% more in bonuses globally, said sources
Economic Times

US stocks open higher as investors await CPI data, Fed decision - almost 2 years ago
The Dow Jones Industrial Average rose 43.04 points, or 0.13%, at the open to 33,519.50
Economic Times

Multibagger stock announces 1:5 stock split - almost 2 years ago
Post the announcement, the stock traded with a cut of 4% at around 3:12 pm at Rs 125.35 apiece on the NSE.
Economic Times

Market Trading Guide: Grasim Industries among 4 stock recommendations for Tuesday - almost 2 years ago
Benchmark equity indices ended flat after struggling for direction for much of a volatile session on Monday, as investors braced for local retail inflation data and the US Federal Reserve's monetary policy decision. Nifty ended below 18,500, while broader markets outperformed. Sectorally, Nifty PSU Bank emerged as the outlier, gaining 1.4%.“After showing sharp weakness on Friday, the downside momentum continued on Nifty in the early part of Monday's session, but the market was able to show smart upside recovery from the intraday lows towards the end. After opening on a weak note, the market slipped into further declines soon after the opening,” Nagaraj Shetti, Technical Research Analyst at HDFC Securities, said.Here are 4 stock recommendations for Tuesday:
Economic Times

Tech View: Nifty charts hint hurdle at 18,650. What traders should do on Tuesday - almost 2 years ago
A sustainable up move only above the hurdle of 18,650 levels could confirm an uptrend continuation pattern. Immediate support is placed at 18,350 levels, said Nagaraj Shetti, Technical Research Analyst at HDFC Securities.
Economic Times

Microsoft to buy 4% stake in London Stock Exchange - almost 2 years ago
"It's a long term partnership. In terms of the products we will be building together, I would expect our customers to start to see the benefits of that 18 to 24 months out and we will continue building from there," Schwimmer told Reuters.
Economic Times

Long winter ahead for IT stocks, Tech Mahindra most vulnerable: JM Financial - almost 2 years ago
Wipro is best placed in terms of resilience (least exposure to stressed verticals), expectations (pessimism built in given highest cuts to FY24E USD revenue growth) and valuation comfort (lowest premium to past 5-year median), the brokerage firm said.
Economic Times

These 6 auto stocks surge up to 70% so far in 2022; look strong on SWOT analysis. Do you own any? - almost 2 years ago
The BSE Auto index saw its third good year in the trot after surging about 20% in each of the last two years. In 2022, the index performance is almost 3 times higher than benchmark index Sensex, which gained 7%. As many as 12 of 17 stocks from the BSE Auto Index have given double-digit returns, and from that list, 6 stocks have gained anywhere between 25 and 70% so far in 2022 (Data Source: ACE Equity). Interestingly, all 6 stocks look quite strong on SWOT analysis. Take a look at the key strengths of these stocks, according to Trendlyne.com.
Economic Times

Indices end on a flat note; bank stocks offest heavy IT selling - almost 2 years ago
In the Sensex pack, Asian Paints, Infosys, Titan and Kotak Bank were the top losers, falling about 1-2%. Power Grid, SBI, Bharti Airtel, Sun Pharma, Bajaj Finserv and HUL also closed lower.
Economic Times

Promoters of Macrotech Developers raise Rs 3,547 cr through largest QIP of 2022 - almost 2 years ago
Global investors, including Capital Group, UBS, Abu Dhabi Investment Authority (ADIA), USS, William Blair and Nomura, have picked up over 7.2% stake in the company
Economic Times

Sensex, Nifty end lower after choppy session; LIC rises 4%; Infosys, Titan fall 1% - almost 2 years ago
Closing Bell: Sensex, Nifty end lower after choppy session; LIC rises 4%; Infosys, Titan fall 1%
Economic Times

PMS Tracker: Rich investors made up to 13.5% returns in November - almost 2 years ago
Among star fund managers, Basant Maheshwari's multi-cap fund outperformed with a return of around 6%. Sunil Singhania's small and midcap-focused Abakkus Emerging Opportunities Fund made investors richer by 5.10%, while Devina Mehra's India Super 50 multicap fund returned 3%.
Economic Times

JPMorgan upgrades PNB to overweight, sees 26% upside - almost 2 years ago
However, JPMorgan estimated earnings to remain under pressure in F23/24 as the company catches up on back book provisioning. This keeps the F24 estimate broadly unchanged. However, with limited new stress formation and system growth itself picking up, it sees the further scope of re-rating at PNB, the brokerage said.
Economic Times

Investor network FAAD gets Sebi nod to launch Rs 300 cr fund - almost 2 years ago
There is a new wave of Angels, HNIs and VCs who believe deeply in the value addition that technology-led innovation can bring to society and are always on the lookout to back entrepreneurs who can lead the disruption, FAAD Co-founder and Director Karan Verma said.
Economic Times

Chart Check: Dabur India hits fresh 52-week high in December; time to buy, sell or hold? - almost 2 years ago
The personal care maker hit a 52-week high of Rs 610 on 7 December 2022. It witnessed some profit taking but experts feel that technical setup suggests the next target is placed around Rs 660 level.The stock has breached a tiny falling trendline and immediate hurdle indicating a resumption of positive movement on the monthly charts.
Economic Times

Learn with ETMarkets: The difference between bonus shares & stock split - almost 2 years ago
Bonus shares are additional shares issued by the company to the existing shareholders without any cost but require regulatory and shareholders’ approval. The company that is low on cash but wants to provide benefits to the shareholders on their investment, hence, they issue bonus shares.
Economic Times

Is Uniparts India's flat listing a buying opportunity for you? - almost 2 years ago
However, the weakness in the broader market spilled on the shares of Unipart India too and the counter saw some more selloff post listing at Dalal Street. It dropped over 6% to Rs 539 on BSE.
Economic Times

After a 60% rally from its 52-week low, Kotak sees more upside in this stock - almost 2 years ago
Traffic levels across key stretches of IRB are holding up quite well, the brokerage said. The EPC arm is better placed than peers on a strong order book despite weak inflows so far from the NHAI, it said.
Economic Times

Japan's Nikkei falls as tech stocks drag ahead of Fed meet - almost 2 years ago
Tech and other so-called growth shares sagged after U.S. producer price data on Friday suggested inflation could prove more persistent than previously thought, ahead of a consumer price report on Tuesday and the Fed policy decision the following day.
Economic Times

Yes Bank rises over 7% after RBI nod to raise capital - almost 2 years ago
At 11.07 am, the scrip was trading 6.8% higher at Rs 21 over its last day’s closing price of Rs 19.7 per share. The stock has also surged nearly 63% in the last six months, while it has risen about 50% on a year-to-date basis.
Economic Times

Hot Stocks: Brokerages on Bharat Forge and Sun Pharma; JPMorgan see 28% upside in PNB - almost 2 years ago
BofA Securities maintained its buy rating on Sun Pharma with a target of Rs 1,000. Flattish llumya trend and the company is waiting for Winlevi Rx to pick up. Sun Pharma's global specialty revenue growth was 30% in H1FY23, this was largely aided by llumya ramp-up. Regulatory overhang continues.
Economic Times

Va Tech Wabag jumps 12%, hits 52-week high on securing Rs 260 crore order win - almost 2 years ago
The contract will be an Engineering & Procurement scope contract which includes design & engineering, equipment supply, installation, commissioning, and start-up of the Purolite Victoria WWTP. The project is scheduled to be executed over 24 months, the company said in a BSE filing.
Economic Times

Stocks to buy today: 8 short-term trading ideas by experts for 12 December 2022 - almost 2 years ago
Jamna Auto Industries: Buy| Target Rs 116| Stop Loss Rs 104
Economic Times

Uniparts India makes tepid D-St debut, lists at marginal discount - almost 2 years ago
The Rs 835.6 crore IPO of Unipart India was sold in the range of Rs 548-577 per share, and was overall subscribed more than 25.3 times between the three-day bidding process November 30 and December 2.
Economic Times

10 out of 12 PSU bank stocks hit record high this month. Is FII pack playing ring master? - almost 2 years ago
In the last one month alone, Punjab and Sind Bank is up nearly 71%, UCO Bank 55%, Union Bank of India 51%, Bank of India (BoI) 42% and Central Bank of India 39.5%. On a year-to-date (YTD) basis, Bank of Baroda (BoB), Indian Bank and Union Bank of India have more than doubled investor wealth.
Economic Times

Sensex tumbles over 400 pts; Nifty drops below 18,400; IT stocks lead fall - almost 2 years ago
The BSE Sensex was trading 438 points or 0.70% lower at 61,744. Nifty50 was trading at 18,378, down 118 points or 0.64% at around 9.18 am
Economic Times

Sensex loses over 400 points, Nifty drops below 18,400; Infosys falls 2% - almost 2 years ago
Sensex tumbles over 400 points; Nifty drops below 18,400; Infosys, HCL Tech fall up to 2%; 25 out of 30 stocks open in the red.
Economic Times

Learn with ETMarkets: The bdifference between bonus shares & stock split - almost 2 years ago
Bonus shares are additional shares issued by the company to the existing shareholders without any cost but require regulatory and shareholders’ approval. The company that is low on cash but wants to provide benefits to the shareholders on their investment, hence, they issue bonus shares.
Economic Times

Golden Crossovers: These 4 stocks signal further bullishness on Dec 12 - almost 2 years ago
In the BSE list of stocks, four stocks with a market cap of over Rs 500 crore are witnessing Golden Crossovers, according to stockedge.com's technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks' 50-day simple moving averages (SMA) crossed their 200-day SMAs on December 9. Take a look:
Economic Times

Apollo Hospitals Enterprise: Short-term sideways to bearish - almost 2 years ago
Apollo Hospitals Enterprise’s daily trend is bullish, however, in the last few trading sessions, it is showing weaknesses and closed in negative. Based on option chain analysis, the range is between 4400 and 4900. This is a wide range. Using the PCR ratio, it is at 0.5 and confirms weaknesses. Let’s plan a trade around that.
Economic Times

Uniparts India makes tepid D-st debut, lists at marginal discount - almost 2 years ago
The Rs 835.6 crore IPO of Unipart India was sold in the range of Rs 548-577 per share, and was overall subscribed more than 25.3 times between the three-day bidding process November 30 and December 2.
Economic Times

At multi-year highs: These 5 stocks gave 5-year breakouts in last session - Dec 9 - almost 2 years ago
In the NSE list of stocks with a market cap of over Rs 1,000 crore, five stocks crossed their previous 5-year high value at the close on December 9, suggesting bullishness in counters, according to stockedge.com's technical scan data. Take a look:
Economic Times

Chart Check: Dabur India hit fresh 52-week high in December; time to buy, sell or hold? - almost 2 years ago
The personal care maker hit a 52-week high of Rs 610 on 7 December 2022. It witnessed some profit taking but experts feel that technical setup suggests the next target is placed around Rs 660 level.The stock has breached a tiny falling trendline and immediate hurdle indicating a resumption of positive movement on the monthly charts.
Economic Times

Trader's Guide: 2 stocks with up to 8% upside potential - almost 2 years ago
Even as the Nifty remained under corrective pressure on Friday, the broader markets offer opportunities which are stock-specific.
Economic Times

10 out of 12 PSU bank stocks hit record high this month. Are FIIs playing ring master? - almost 2 years ago
In the last one month alone, Punjab and Sind Bank is up nearly 71%, UCO Bank 55%, Union Bank of India 51%, Bank of India (BoI) 42% and Central Bank of India 39.5%. On a year-to-date (YTD) basis, Bank of Baroda (BoB), Indian Bank and Union Bank of India have more than doubled investor wealth.
Economic Times

Stocks of these 27 companies are flying high & they have one thing in common - almost 2 years ago
If one looks at the stock performance, most of them have given positive returns consistently in the last three years. Industrial equipment maker Elpro International, GMM Pfaudler, Inox Wind, Asahi India Glass, Indian Hotels, and Blue Dart Express have given double-digit returns in the current financial year despite the volatility in the market.
Economic Times

HDFC Bank, UBL among 9 stocks set to rally in near term - almost 2 years ago
Volatility has tightened its grip on the domestic equity market as the benchmark indices have witnessed a sharp correction from record peaks. However, analysts see a number of opportunities for traders, where risk-reward ratio appears favourable. Based on their recommendations, here are nine stocks that are set to rally in the near term.
Economic Times