​Market Trading Guide: Gabriel India among 3 stock recommendations for Wednesday - almost 2 years ago
Indian shares pared most of the losses in the final hour of a volatile session on Tuesday, helped by a rebound in information technology stocks, while recession worries and a surge in Covid-19 cases in China continued to dampen sentiment. All the sectors, barring information technology, oil & gas and metals declined, while auto and FMCG stocks lost more than 0.6%."Following a gap-down start, the Nifty found support at the lower side of the rising channel, leading to a recovery near the end of the session. On the hourly time frame, the momentum indicator RSI (14) is in a bullish crossover. The short-term trend will likely remain bullish until the index sustains above 18350 on a closing basis. On the lower end, support is pegged at 18350/18150,” Rupak De, Senior Technical Analyst at LKP Securities, said.
Economic Times

These 5 consumer discretionary stocks touch their new 52-week highs - almost 2 years ago
The benchmark Sensex ended around 104 points lower at 61,702 on Tuesday. Despite weakness in the markets, five stocks from the BSE consumer discretionary 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

Tech View: Nifty charts hint at non-directional activity. What traders should do on Wednesday - almost 2 years ago
Volume profile indicates Nifty may find support around the 18150-18200 zone, which was tested today. The highest OI was observed at 18500, followed by a 18600 strike price, while on the Put side, the highest OI was at an 18300 strike price.
Economic Times

Gainers & Losers: Dabur, LIC among 6 stocks that hogged limelight today - almost 2 years ago
Domestic indices on Tuesday fell sharply in early trade amid weak sentiments globally. However, towards the later part of the session, benchmarks pared most losses. Nifty settled with a loss of 35 points at 18,385. Among sectoral indices, Nifty IT and Nifty Metal ended higher, while all other indices ended in the red. Here are the stocks that gained focused in Tuesday’s trade:
Economic Times

K Raheja’s Mindspace raises Rs 100 crore through India’s maiden REIT commercial papers - almost 2 years ago
With this issue, Mindspace REIT has broadened its debt profile further. At the time of its IPO, in August 2020, 100% borrowings of Mindspace REIT were in the form of bank borrowings at the asset’s special purpose vehicle level.
Economic Times

Share buyback via exchange route to be phased out gradually: SEBI - almost 2 years ago
The decision for the same is based on the recommendations in the Keki Mistry report, which suggested phasing out share buybacks from the open market through stock exchanges as these are prone to misuse.
Economic Times

U-turn! Sensex rebounds 600 points from day's low to end 100 points down - almost 2 years ago
Among Sensex stocks, Tata Motors, HUL, M&M, L&T and Bharti Airtel were the top laggards, falling over 1%. Maruti, NTPC, Tech Mahindra, and Bajaj Finance also closed lower.
Economic Times

Burman family sells 1% stake in Dabur India via block deal - almost 2 years ago
Gyan Enterprises Pvt Ltd and Chowdry Associates are the two promoter group entities that sold the stake, the company said in an exchange filing.
Economic Times

Sharp U-turn: Sensex, Nifty end marginally lower after volatile session - almost 2 years ago
Among Sensex stocks, Tata Motors, HUL, M&M, L&T and Bharti Airtel were the top laggards, falling over 1%. Maruti, NTPC, Tech Mahindra, and Bajaj Finance also closed lower.
Economic Times

Sensex rebounds around 600 pts from day’s low, ends 104 pts lower; Nifty below 18,400 - almost 2 years ago
Closing Bell: Sensex rebounds around 600 pts from day’s low, still ends 104 pts lower; Nifty below 18,400; Eicher Motors, UPL drop 2% each
Economic Times

Nifty Realty declines in 2022 after 3 good years; these stocks may give up to 55% return - almost 2 years ago
Nifty Realty index plunged about 8.5% in 2022 after recording gains for three years straight. The index surged 54% in 2021, 5% in 2020 and 29% in 2019. For the year, seven out of 10 stocks have given negative returns, out of which five stocks have slipped 15-45%. However, according to Trendlyne data, stocks of these weak performers are likely to see a good upside. (Data Source: ACE Equity)
Economic Times

Sensex, Nifty end marginally lower after volatile session - almost 2 years ago
Among Sensex stocks, Tata Motors, HUL, M&M, L&T and Bharti Airtel were the top laggards, falling over 1%. Maruti, NTPC, Tech Mahindra, and Bajaj Finance also closed lower.
Economic Times

Kotak Securities’ base case view on Nifty50 implies moderate upside in 2023 - almost 2 years ago
This is partly also because of the stretched valuations. Currently, India is the most expensive market within the emerging market pack. It is trading at close to 20 times its one-year forward earnings.
Economic Times

Kotak Institutional Equities cuts position on Airtel, increases on IndusInd Bank, RIL - almost 2 years ago
“We see a period of consolidation for the Indian market with further correction in multiples of the market, led by gradual de-rating of multiples of ‘growth’ stocks from current high levels, as the market reconciles to higher-for-longer interest rates. They are yet to correct to lower multiples that commensurate with higher interest rates except for IT services stocks,” it said.
Economic Times

10 buy & sell stock ideas for traders to make money in near term - almost 2 years ago
Domestic equity markets are stuck in a range after testing record highs a few weeks earlier. However, market analysts believe that while indices are likely to consolidate in the near term, traders will have opportunities to initiate a trade on both sides. Based on their recommendations, here are the top 10 ideas to make money:
Economic Times

Multibagger stock: Hinduja Global announces Rs 1,020 crore share buyback - almost 2 years ago
The board has also constituted a committee called the 'buyback committee' for the purpose of the buyback in accordance with the regulations and has delegated its powers to do such acts, deeds, matters, and things as it may, in its absolute discretion, deem necessary, expedient, usual or proper in relation to the proposed buyback, it said.
Economic Times

Nikkei hits 2-mth low, 10-year yield at 7-yr high after BOJ's policy surprise - almost 2 years ago
"I had expected the 10-year yield to hit 1% when the BOJ tweaks its policy, but it didn't and that's because the BOJ conducted emergency bond buyings to contain elevated yields," said Masayuki Koguchi, general manager at the fixed income investment division of Mitsubishi UFJ Kokusai Asset Management.
Economic Times

Large cap stocks including health insurance player and select new age companies having an upside potential of over 25% - almost 2 years ago
Even as nifty corrects, select large cap stocks in some sectors are under focus in markets once again. Some of them had long periods of consolidation and making an attempt to move upward . 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

Vikas Lifecare rallies 7% after subsidiary bags order from Africa - almost 2 years ago
The trading and distribution firm's subsidiary Genesis will also provide the test specialist and will also leverage their O&M experience for renewable power projects at Mali, Africa. Genesis develops service models for India’s upcoming power distribution grid applications to support renewable power projects including battery, solar, and wind power for sustainable rural towns in India.
Economic Times

Desi investors flock for US megacaps in 2022; Twitter-cryptos emerge as sub themes - almost 2 years ago
Experts believe that exposure to and awareness of the US market investing from India was in its infancy, before the pandemic. Desi investors are going global as they do not wish to miss the chance of diversification and investing in the global leaders.
Economic Times

Nifty will hit 50,000 but wait till 2030: ICICI Direct - almost 2 years ago
ICICI Direct has handpicked nine stocks that can give an average return of 22% in 2023. The list includes L&T, Ambuja Cements, Bosch, Federal Bank, Sundaram Finance, Bajaj Electricals, KEC International, Mishra Dhatu Nigam and Techno Electric.
Economic Times

8 midcap stocks from with upside potential of up to 26% - almost 2 years ago
From a wealth management stock to a home finance company which is focussed affordable housing, stocks from different sector 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

Rs 3.5 lakh crore gone from D-Street this month. Is Sensex outlook turning foggy? - almost 2 years ago
The Indian rupee declined against the dollar on Tuesday after the Bank of Japan's unexpected hawkish shift prompted a rise in Japanese and US yields, and impacted risk appetite. The rupee was at 82.8 per US dollar around noon.
Economic Times

Multibagger IRB Infra jumps 4% as board to mull stock split - almost 2 years ago
This multibagger realty stock has surged from around Rs 51 apiece levels to Rs 322 per share in the last three years, surging around 6 times in this time. Meanwhile, the stock has gained more than 500% from its Covid lows.
Economic Times

Dabur falls over 3% amid stake sale buzz via block deal - almost 2 years ago
Goldman Sachs is the broker of the deal. Dabur is among the few stocks in the FMCG space to have underperformed in 2022. At 10.22 am, the shares of Dabur India were trading 2.6% lower at Rs 573.35 over its previous day’s closing price of Rs 588.75. The stock has gained just 3% in the last one year.
Economic Times

Jefferies dumps Zomato, picks 2 new metal stocks in its India portfolio - almost 2 years ago
"We also shave off some weight from Maruti (potential headwind to discretionary consumption due to slower wage hikes/IT hiring) to banks," he said, adding that it has brought the materials sector weight to neutral from currently nil in its portfolio.
Economic Times

Hot Stocks: Brokerage view on Indian Hotels, GMM Pfaudler and Canara Bank - almost 2 years ago
JM Financial remains positive on Canara Bank and expects it to hit a target of Rs 345-365 in the next 1-2 quarters. “We expect Canara Bank earnings recovery to be driven by a) credit cost normalisation (1.3% by FY24E), b) improvement in margins and c) sustained growth momentum,” said the note.
Economic Times

Key pointers an AI system can look for in risk management while investing - almost 2 years ago
Risk management in investing is the process of identifying investment risk and determining ways to address that risk. The goal is to keep potential losses within a range that is acceptable based on investors' risk tolerance.
Economic Times

Chart Check: Oil India could give up to 20% upside in next 2 months; here’s why - almost 2 years ago
The stock gave a breakout from a 5-month (since July) consolidation range on the weekly charts. The stock faced resistance around Rs 200 levels while strong support was seen near Rs 170 levels.
Economic Times

Dalal Street sombre ahead of Christmas; Sensex tumbles 700 points, Nifty below 18,250 - almost 2 years ago
Sensex slides 600 pts, Nifty below 18,300; Dabur down 3%, NBCC up 3%.
Economic Times

It’s a hat-trick for the metal pack! Will it glitter in 2023 as well? - almost 2 years ago
However, they do expect selective stocks within the pack to do well given the positive business growth prospects. Steel companies’ shares rallied in the recent sessions as Chinese steel demand is expected to benefit from the recent stimulus measures announced by the government to aid the real estate sector.
Economic Times

SBI among 6 quant stock picks for 2023 that can rally up to 30% - almost 2 years ago
On the back of strong FII inflows, Nifty has outperformed global peers with a gain of around 4% so far in the calendar year. Equity markets have witnessed the return of foreign funds since July 2022. They turned net buyers to the tune of Rs 84,000 crore. Brokerage ICICI Direct believes FPI flows to remain strong due to the continued outperformance of India. Here’s a list of 6 quant picks for 2023 from ICICI Direct:
Economic Times

It’s a hat-trick for the metal pack! Will they glitter in 2023 as well? - almost 2 years ago
However, they do expect selective stocks within the pack to do well given the positive business growth prospects. Steel companies’ shares rallied in the recent sessions as Chinese steel demand is expected to benefit from the recent stimulus measures announced by the government to aid the real estate sector.
Economic Times

BOJ allows yields to rise more in surprise tweak to policy - almost 2 years ago
As widely expected, the BOJ kept unchanged its yield curve control (YCC) targets, set at -0.1% for short-term interest rates and around zero for the 10-year bond yield, at a two-day policy meeting that ended on Tuesday.
Economic Times

Betting on bluechips, cheap stocks? Saurabh Mukherjea has a pro tip for starters - almost 2 years ago
On whether he is more bullish on the market now than what he was in the beginning of 2022, the fund manager said his team spends very little time on thinking about the direction of the market.
Economic Times

Sensex tanks 600 points on weak global cues, US recession fears - almost 2 years ago
“Economic data indicates a slowing economy and declining inflation which implies that the Fed is close to pausing on rate hikes. Confirmation of this trend can lead to revival in equity markets,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said. Economic and market indicators suggest that India’s outperformance can continue in 2023 too, Vijayakumar added.
Economic Times

Sensex down 600 pts, Nifty below 18,350; Dabur down 3%, NBCC up 3% - almost 2 years ago
Opening Bell: Sensex slides 600 pts, Nifty below 18,350; Dabur down 3%, NBCC up 3%.
Economic Times

At multi-year highs: These 8 stocks gave 5-year breakouts - almost 2 years ago
In the NSE list of stocks with a market cap of over Rs 1,000 crore, eight stocks crossed their previous 5-year high value at the close on December 19, suggesting bullishness in counters, according to stockedge.com's technical scan data. Take a look.
Economic Times

Stocks to buy today: 9 short-term trading ideas by experts for 20 December 2022 - almost 2 years ago
In the previous session, the S&P BSE Sensex rose more than 400 points while the Nifty50 reclaimed 18,400 levels.
Economic Times

Multiple confirmations in the stock indicate a bearish trend - almost 2 years ago
After the consolidation of more than 1 month, the stock gave up its strength and started becoming weaker and various breakdowns indications can be seen through multiple indicators and oscillators, making the stock become a sell on the rise candidate.
Economic Times

Nifty's two-decade-old habit shows double-digit return possible in 2023. Which stocks to buy? - almost 2 years ago
In the past, it has been observed that the Nifty rallies 20%, on average, after breaching its all-time high. Barring Nov 2010, all breaches have generated positive returns over the next 12 months," said Amar Ambani, Head of Institutional Equities at YES Securities.
Economic Times

Big Movers on D-St: What should investors do with General Insurance, Adani Enterprises and Bata India? - almost 2 years ago
Stocks that were in focus include names like General Insurance Corporation which rallied more than 12%, Adani Enterprises which rose over 2% to hit a fresh 52-week high and Bata India which closed with gains of over 1% on Monday.
Economic Times

Corporate Radar: Sarthak Industries to go ex-bonus and more - almost 2 years ago
Iurities’ board will meet to consider and approve various fund-raising options for the company as the board may deem a Jyoti Resins and Adhesives will convene its board meeting to consider and approve the submission of a set of applications for waiver of penalty levied by BSE.
Economic Times

Buy or Sell: Stock ideas by experts for December 20, 2022 - 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 Mahanagar Gas and IGL while Kunal Bothra has a buy/sell recommendation on Marico and HCC for today's trading session. Check out the targets and stop-loss.
Economic Times

Tata Power Company: Short term Sideways - almost 2 years ago
TATA POWER COMPANY’s daily trend is sideways to bearish. Based on option chain analysis, the range is between 200 and 230. This is a wide range considering expiry is just a few days away. Let’s plan a trade around this.
Economic Times

Trader’s Guide: This Adani group stock & a bluechip auto player can rise up to 8% in near term - almost 2 years ago
The Nifty staged a comeback on Monday, redefining the trading zone, though the Banknifty underperformed the markets. Some good stock-specific activities are on offer.
Economic Times

Stocks in focus: Hinduja Global, Just Dial and more - almost 2 years ago
Nifty futures on the Singapore Exchange traded 38.5 points, or 0.21 per cent lower at 18,448.5, signaling that Dalal Street was headed for a negative start on Tuesday. Here are some stocks which may buzz the most in today's trade.
Economic Times

Asian markets mostly weaker as investors question China reopening - almost 2 years ago
The positive reaction to the reopening is starting to give way to the realisation that it's going to be a lumpy path for China to get there, JP Morgan Asset Management's global market strategist Kerry Craig told Reuters.
Economic Times

Stocks in the news: HDFC, Dabur, IRCTC, Ipca Labs, SWSolar and telecom stocks - almost 2 years ago
The telecom subscriber base in the country declined by 117 crore in October due to Vodafone Idea losing a large number of mobile customers during the month, said Trai's report. Only Reliance Jio and Bharti Airtel added new customers in October.
Economic Times