Medplus rallies 31% as scrip sharply rebounds from 52-wk lows; is there more steam left? - almost 2 years ago
Gross margin was impressive at 21.7%, upheld by private label share and store expansion was on track with 614 stores in H1FY23. It had a ‘buy’ rating on the counter but its target price of Rs 750 has already been hit by the company.
Economic Times

Crorepati stock! Amitabh Bachchan makes multibagger returns from smallcap - almost 2 years ago
The stock was trading around Rs 408 per share on NSE in Monday’s trade. Since listing, it has given an astonishing return of 444%. So far in the calendar year, it has surged nearly over 58%.
Economic Times

Why RBI could raise repo rates by up to 25-30 bps in December - almost 2 years ago
Exports may be dented further due to the global slowdown but, the rupee is likely to appreciate with the expectation on a moderating pace of rate cuts by US Fed and softening of crude oil prices.
Economic Times

european shares slip ahead of economic activity data - almost 2 years ago
China relaxing COVID-19 curbs following protests against the country's strict "zero-COVID" policy as well as easing worries about interest rate hikes had helped shares log gains for a seventh straight week on Friday.
Economic Times

Japan's Nikkei ends higher as Fast Retailing gains - almost 2 years ago
"Today's market showed little direction as U.S. jobs data did not become a market-moving catalyst. But investors had a fresh view on heavyweight technology stocks, which underpinned the Nikkei," said Shoichi Arisawa, general manager of the investment research department at IwaiCosmo Securities.
Economic Times

Long-term prospects of REITs shine bright even in rising interest rate scenario - almost 2 years ago
The demand by retail sector for leasing space has also witnessed a surge. According to the report, Retail demand is up by 166% Y-o-Y led by categories of fashion & apparel brands, supermarkets, and homeware stores.
Economic Times

China stocks surge, yuan jumps past 7 per dollar after COVID curbs eased - almost 2 years ago
"The China reopening trade maintained its strong momentum in the beginning of this week. The positive headlines continued to fuel risk sentiment in China," said Ken Cheung, Chief Asian FX Strategist at Mizuho Bank.
Economic Times

NDTV hits 5% lower circuit, open offer ends today - almost 2 years ago
NDTV's latest shareholding pattern at the end of the September quarter shows that promoters Prannoy Roy and Radhika Roy own 15.94% and 16.32% of the company. RRPR owns a 29.18% stake in NDTV.
Economic Times

Ion Exchange rises 5% on Rs 343 crore order win - almost 2 years ago
At 12.59 pm, the stock was trading 3% higher at Rs 2,875 over its previous day’s closing price of Rs 2,792. The scrip has risen nearly 32% in the last month while it has surged about 54% in the last six months.
Economic Times

​6 Nifty stocks below 2021 levels need to gain up to 75% to retest their 52-week highs - almost 2 years ago
In 2022 so far, the Nifty50 has gained about 8 per cent. However, 25 stocks from the 50-share pack are underperforming the index, with 16 stocks trading negatively. From the Nifty pack, 6 stocks have fallen double digits -- between 10-40 per cent in 2022, most of which is dominated by IT stocks. These 6 stocks need to rally up to 75% to retest their 52-week highs.Interestingly, 5 out of 6 stocks look strong on SWOT analysis. Take a look at the key strengths of these stocks, according to Trendlyne.com.
Economic Times

Can India escape the effects of a global recession? - almost 2 years ago
Lower commodity prices would, however, partially offset the negative effects of the recession on the economy. Every country is feeling the effects of Russian President Vladimir Putin's unprovoked attack on Ukraine, from the United States to Europe, the Middle East to South Asia.
Economic Times

Nifty at record highs: Is it time to invest in Midcaps? - almost 2 years ago
In that process, bad performers are removed, and new ones are added to reflect the trend of the market. It has been noticed that the number of stocks that can maintain its solid performance over the long-term is limited; thus, investment in midcaps carries a high level of risk.
Economic Times

SAIL, MTAR Tech among 7 stocks set to rally in near term - almost 2 years ago
Domestic equity markets have been on a roll recently as the benchmark index hit record high before a sharp profit-booking. However, market experts believe that this is a hiatus before another leg of rally and traders can make money from stock specific actions. Based on the recommendations from the analysts here are seven stocks, that may rally sharply in the near term:
Economic Times

HNG shares hit upper circuit as employees reach out to CoC for speedy resolution - almost 2 years ago
"We are concerned about the potential directives from CCI to the currently approved bidder asking to divest a few plants for meeting market share norms. It may impact the Puducherry plant and its employees," the letter states.
Economic Times

These 25 firms contribute 50% of BSE's recent m-cap gains; Adani Group cos top list - almost 2 years ago
Adani Group have led the gainers as 5 out of 7 listed companies from the Gautam Adani led conglomerate are included in this list as their cumulative mcap has jumped by Rs 5.51 lakh crore.
Economic Times

Jefferies bets on Zomato, SBI, 17 other stocks to play India growth story - almost 2 years ago
The brokerage likes Tata Motors given the cyclical recovery and improving franchise in India, leadership in the electric vehicle (EV) space, and JLR's focus on returning to higher margin Land Rover models.
Economic Times

Bajaj Hindusthan Sugar shares hit the roof, up 43% in two days on payment of overdues - almost 2 years ago
The sugar firm posted a consolidated net loss of Rs 162.37 crore in Q2FY23 against a loss of Rs 113.01 crore in Q2 FY22. However, its revenue dropped about two per cent to Rs 1,323.40 crore in the same quarter.
Economic Times

At multi-year highs: These 5 stocks gave 5-year breakouts - almost 2 years ago
In the Nifty 500 pack, five stocks crossed their previous 5-year high value at the close on December 2, suggesting bullishness in counters, according to stockedge.com's technical scan data. Take a look:
Economic Times

Morgan Stanley upgrades China stocks on reopening bullishness - almost 2 years ago
The brokerage lifted China to overweight from an equal-weight position it had held since January 2021. It raised its end-2023 targets for the MSCI China Index to 70 from 59 and for the Hang Seng Index to 21,200 from 18,200.
Economic Times

Top Nifty50 stocks analysts suggest buying this week - almost 2 years ago
Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores.
Economic Times

Golden Crossovers: These 5 stocks signal further bullishness - almost 2 years ago
In the BSE list of stocks, five stocks with a market cap of over Rs 2,000 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 2, 2022. Take a look:
Economic Times

Chart Check: A breakout from rounding bottom pattern suggests this brewery stock will surpass Rs 1,100 levels - almost 2 years ago
​​The stock also bounced back above the multi-year bearish trendline, which is a bullish sign. The stock rose more than 5% in a week and 13% in the last 3 months.
Economic Times

Sensex drops over 250 points in early trade; Nifty below 18,650 - almost 2 years ago
The market doesn’t see the terminal rate going above 5%. In India there are signals that this is a market trending higher, in spite of the high valuations, said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Economic Times

Stocks to buy today: 9 short-term trading ideas by experts for 5 December, 2022 - almost 2 years ago
The Indian market has opened on a weak note today. We have collated stocks from various experts for traders who have a short-term trading horizon
Economic Times

Unlucky 2022! At least 8 Tata group stocks may end the year in red; will they rebound? - almost 2 years ago
Despite reporting dismal quarterly numbers for the September quarter and seeing earnings downgrades, Tata Motors stock remains a “strong buy” for atleast 17 of the 29 analysts tracking the company, according to Trendlyne.
Economic Times

Sensex drops over 150 points in early trade; Nifty tests 18,650 - almost 2 years ago
The market doesn’t see the terminal rate going above 5%. In India there are signals that this is a market trending higher, in spite of the high valuations, said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Economic Times

Hot Stocks: This global brokerage firm sees 20-30% return in ICICI Bank and M&M Finance - almost 2 years ago
Morgan Stanley maintained an overweight rating on ICICI Bank with a target price of Rs 1250. The global investment bank sees further room to improve market share in higher-margin segments.
Economic Times

Praj Industries among 4 smallcap stocks that can rally up to 44%: Axis Securities - almost 2 years ago
Domestic brokerage firm Axis Securities is positive on a few smallcap stocks, which can rally up to 44% in the coming months. It believes the worst of the FIIs outflow is now behind as the strong earnings growth and economic recovery will play out for the remaining months of FY23. Axis Securities believes that the Indian economy stands in a sweet spot of growth and remains the land of stability against the backdrop of a volatile global economy. It also believes that the current setup is a ‘Buy on Dips’ market. Here are top smallcap stocks recommendation from Axis Securities:
Economic Times

Showstopper Nifty unlikely to outperform in 2023, warns Credit Suisse top strategist Neelkanth Mishra - almost 2 years ago
Having scaled new lifetime peaks and now eyeing Mt 19K, Nifty is by no means cheap. The 12-month trailing PE for Nifty stood at 23.4x, 17% higher than its long term average. India's market capitalisation-to-GDP ratio now stands at 110% (of FY23E GDP), above its long-term average of 81%.
Economic Times

Sensex loses over 100 points; Nifty below 18,700; TVS Motor slips 2% - almost 2 years ago
Sensex drops over 100 points; Nifty below 18,700; TVS Motor, Zomato slip up to 2%; PB Fintech up 3%.
Economic Times

Bharat Electronics: Short term bullish - almost 2 years ago
Bharat Electronics is in the sideways range for some time however in the last trading session, it closed around 1.9% positive. Based on option chain analysis, the range is between 100 and 110 and we are around the middle end of this range. Let’s plan a trade around this.
Economic Times

Corporate Radar: Panchsheel Organics to go ex-dividend, Dhanlaxmi Bank board meeting & more - almost 2 years ago
A meeting of the board of directors of the Dhanlaxmi Bank is scheduled today to consider/ approve the raising of funds by way of issuance of Non-Convertible Debentures (NCD5) in the form of Basel III compliant Tier 2 Bonds aggregating to Rs 300 crores.
Economic Times

Buy or Sell: Stock ideas by experts for December 05, 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 DLF and United Breweries while Kunal Bothra has a buy/sell recommendation on Voltas and Bajaj Finserv for today's trading session. Check out the targets and stop-loss.
Economic Times

Big Movers on D-St: What should investors do with Raymond, MTAR Technologies & Tejas Networks? - almost 2 years ago
The longer the horizontal base, the better. A long base will establish a more significant support level, and the ownership of the stock will transfer from weak hands to strong hands.
Economic Times

Is high premium play in Nifty F&O a winter chill for D-Street traders? - almost 2 years ago
Bullish bets have been quite aggressive in the options segment too, as the open interest has almost doubled in absolute terms in the December series. This is causing some worry to a few analysts.
Economic Times

Stocks in focus: M&M Finance, Hatsun agro and more - almost 2 years ago
Nifty futures on the Singapore Exchange traded 44.5 points, or 0.24 per cent, higher at 18,869, signaling that Dalal Street was headed for a positive start on Monday. Here are some stocks which may buzz the most in today's trade.
Economic Times

Trader's Guide: 2 stock picks with up to 8% upside - almost 2 years ago
The markets on Friday gave up some of its gains, lacking the strength to break out. Even as they wait for a meaningful upward move, the markets have become stock-specific once again.
Economic Times

SGX Nifty up 45 points; here's what changed for market while you were sleeping - almost 2 years ago
Nifty futures on the Singapore Exchange traded 44.5 points, or 0.24 per cent, higher at 18,869, signaling that Dalal Street was headed for a positive start on Monday.
Economic Times

Asia shares pin hopes on China opening, oil rallies - almost 2 years ago
Markets lost some momentum late last week after November's robust U.S. payrolls report challenged hopes for a less aggressive Federal Reserve, though Treasuries still ended last week with solid gains.
Economic Times

Stocks in the news: Maruti Suzuki, NTPC, Power Grid, Dr Reddy's, PB Fintech and Sun Pharma - almost 2 years ago
Maruti Suzuki will increase the prices of its vehicles 'substantially' from next month as it looks to offset the impact of rising input costs and make provisions to update the model range to conform to stricter emission norms which kick in from April 2023.
Economic Times

Banks have ceded UPI space to nonbanking sector: RBI Dy Guv - almost 2 years ago
The National Payments Corporation of India (NPCI) recently extended the deadline by two years for existing third-party apps to comply with its market share guidelines for the UPI network.
Economic Times

RBI may opt for a smaller rate hike this week: Experts - almost 2 years ago
Nine out of 10 banks polled by ET expect the central bank to hike rates by 35 basis points - 0.35 of a percentage point - or less at the December 5-7 meeting of the monetary policy committee (MPC). While five of the nine predict a rate increase of 35 bps, two expect it will be in a range of 25-35 bps, another two project a 25 bps hike.
Economic Times

Target maturity funds a better bet over tax-free bonds - almost 2 years ago
While yields on tax-free bonds remain weighed down at 4.9-5%-levels, target maturity schemes are offering better returns of 6.8-6.9% on average. Investors must, however, shift money to target maturity funds for at least three years to get the benefit of indexation that will significantly improve their post-tax returns.
Economic Times

ESIC can now invest up to 15% of surplus in stock market via ETFs - almost 2 years ago
ESIC has a surplus of nearly Rs 65,000 crore which increases by over Rs 8000-9000 crore every year and could be higher than this in coming years as ESIC plans to substantially expand coverage by bringing even the gig workers in its fold.
Economic Times

Sanjay Singh elevated as BNP Paribas' head of India territory - almost 2 years ago
Singh, who is currently the chief executive officer of the French bank's Indian banking unit, will take over from Aymar de Liedekerke Beaufort, who has been the head of India territory since September 2021.
Economic Times

Stock Radar: After 40% rally in 3 months, this cement major may hit fresh highs in next 2 weeks - almost 2 years ago
Short-term traders who missed the rally can consider buying the stock on dips for a target above Rs 600 in the next 2 weeks, suggest experts.
Economic Times

Stock Radar: Buy Ambuja Cements for a target of Rs 625 in next few weeks, says Rahul Sharma - almost 2 years ago
“Cement stocks have witnessed high rollovers in December including Ambuja Cements at 97%. Technically, the stock has made a good base at 550 and now seems set to change orbits,” Rahul Sharma- Director, Head- Technical & Derivative Research, JM Financial Services Ltd, said.
Economic Times

Nifty likely to trade in 18,400-18,900 range: Analysts - almost 2 years ago
The weakness on Wall Street on Friday could weigh on Asian markets on Monday. Ashok Leyland, LIC Housing Finance, Voltas, Havells, Crompton, SBI Cards, Chola Finance, and Aditya Birla Capital are some of the stocks investors can buy for short-term trades, said analysts.
Economic Times

Sebi puts AIFs on alert over 'closure' - almost 2 years ago
After the 'final closing', money pools like private equity, venture capital, debt and infrastructure funds cannot accept fresh capital while a fund is required to exit its investments within the 'end date'.
Economic Times

Midcaps see bullish bets on higher prospects of outperformance in Dec - almost 2 years ago
In the past 19 years, the Nifty Midcap 100 index has seen a rise 15 times during the last month of the year. The average monthly returns from the Nifty Midcap 100 index in December for the last 19 years are 4.77% compared to 3.15% from the Nifty.
Economic Times