NARCL matches Raj Radhe's Rs 130-cr bid for CCC - almost 2 years ago
Last week, ET reported that NARCL had agreed to match Rare ARC's counter bid to take over the debt of rice exporter SSA International, making it the second acquisition for the bad-loan aggregator. Last month, in response to a Swiss challenge called by banks, Raj Radhe had offered ₹130 crore cash, topping the NARCL's ₹100 crore bid.
Economic Times

Adani's open offer for NDTV subscribed 32%; poised to be largest shareholder - almost 2 years ago
Against the offer to buy 1.67 crore shares, or 26% of equity - from NDTV's minority investors at a price of ₹294 apiece, Adani group has received offers for 53.27 lakh shares, according to data available on the National Stock Exchange (NSE) website.
Economic Times

Challenges ahead! Avoid shorting so long as Nifty is above 18,600 - almost 2 years ago
The markets are set to see a stable start to the week. From the technical perspective, the behavior of Nifty vis-à-vis the levels of 18604 would be extremely crucial to watch. This is the point from where the index tried staging a breakout; it would be crucially important for the index to stay above this point to keep the breakout valid and in force.
Economic Times

Ahead of Market: 10 things that will decide stock action on Monday - almost 2 years ago
“The index is trading near the key hourly moving averages as well as near a rising trendline on the hourly chart. 18600 is a key support from where the index can start moving up again. Overall, the short term outlook continues to be positive for a target of 19,000,” Gaurav Ratnaparkhi, Head of Technical Research at Sharekhan by BNP Paribas said.
Economic Times

D-St Week Ahead: Challenges ahead! Avoid shorting so long as Nifty is above 18,600 - almost 2 years ago
The markets are set to see a stable start to the week. From the technical perspective, the behavior of Nifty vis-à-vis the levels of 18604 would be extremely crucial to watch. This is the point from where the index tried staging a breakout; it would be crucially important for the index to stay above this point to keep the breakout valid and in force.
Economic Times

RBI's policy among 7 key factors that will guide market in coming week - almost 2 years ago
Bulls continued their quest for gains, hitting fresh record highs, boosted by falling crude, robust GDP numbers, and a dovish stance by the Fed chair, said Vinod Nair, Head of Research at Geojit Financial services.Investors' concerns were allayed as the Fed chair adopted a dovish stance, he added. "Declining manufacturing activity in the US is proof that the central bank’s policy tightening has started to show results."
Economic Times

FPIs turn net buyers in Nov; invest Rs 36,329 cr in equities - almost 2 years ago
Going forward, flow trajectory is expected to remain positive in December. However, some shift could be seen from expensive stocks to value stocks, Anita Gandhi, Whole Time Director and Head - Institutional Business at Arihant Capital, said.
Economic Times

Are emerging markets set for turn from decadal low tide? - almost 2 years ago
​​As happened in the past, whenever US markets outperformed by a significant margin, it always came at the expense of emerging markets. Last decade was no exception. In the same breath, the reverse has also been true. That is, whenever US markets struggled with sub-par returns, those decades belonged to emerging markets.
Economic Times

Sensex, Nifty at record high: Watch out for these 3 sectors now - almost 2 years ago
We do not believe that the Indian equity market is overvalued; on the other hand, we believe it is justified. Only in India have listed companies' net profits more than doubled since pre-covid levels. Despite the Russia-Ukraine crisis, higher interest rates, and inflation, India Inc.'s profitability has increased by 10% in the first half of 2023 versus the first half of 2022.
Economic Times

Market Trading Guide: BHEL among 6 stock recommendations for Monday - almost 2 years ago
Global stocks were cautious on Friday, after recent sharp gains as traders awaited the monthly US jobs report that came in rosier than expected bringing back fears of the US Fed remaining hawkish for longer. In the last week, S&P BSE Sensex rose 575 points or 0.92% to settle at 62,868, while Nifty50 closed at 18,696, up 183 points or 1%. “Nifty as per the weekly chart, formed a long positive candle with an upper shadow. The near-term uptrend status remains intact for Nifty as per smaller and larger time frame charts and there is a possibility of an upside bounce from the lows in the next 1-2 sessions. Immediate support is placed at 18550-18450 levels,” Nagaraj Shetti, Technical Research Analyst at HDFC Securities said. Here are 6 stock recommendations for Monday:
Economic Times

Zerodha, Patanjali among top 10 most valued bootstrapped companies - almost 2 years ago
Led by Serum Institute of India, some of India's most valuable companies have chosen to remain bootstrapped or grown without taking external funding. Bootstrapped companies are dominated by traditional, non-tech industries such as pharmaceuticals and FMCG. Here is a list of India's top 10 bootstrapped companies in the 2022 according to Burgundy Private Hurun India 500:
Economic Times

RBI's rate decision, state poll results major factors to drive equity market: Analysts - almost 2 years ago
On the global front, the US bond yields and the dollar index have fallen sharply, and markets will continue to watch their move from here, Meena added.
Economic Times

4 small cap chemical companies with “Strong Buy” recommendation & upside potential up to 41% - almost 2 years ago
In the last two years, different segments of the chemical sector have seen re-rating. 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".
Economic Times

RBI's policy among the key 7 factors that will guide market in coming week - almost 2 years ago
Bulls continued their quest for gains, hitting fresh record highs, boosted by falling crude, robust GDP numbers, and a dovish stance by the Fed chair, said Vinod Nair, Head of Research at Geojit Financial services.Investors' concerns were allayed as the Fed chair adopted a dovish stance, he added. "Declining manufacturing activity in the US is proof that the central bank’s policy tightening has started to show results."
Economic Times

High ROE & Net Profit Margin, two key elements of long term wealth creators - almost 2 years ago
A high return on equity is a result of two factors. First, the basic nature of the business. Second, how efficiently the management is able to use that to its advantage. 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".
Economic Times

Foreign investors upgrade India as dedicated allocation in investment portfolios - almost 2 years ago
"Investment is flowing into India's Growth Story. We see investments being redirected as FPIs reposition their dollars amidst uncertainties in China," Jatia told PTI on the sidelines of FIA Asia 2022.
Economic Times

ETMarkets Smart Talk | Nifty in overbought zone: Vaishali Parekh’s 3 stock ideas for next week - almost 2 years ago
Market has definitely gone in an overbought zone, but still an inherent strength has been witnessed on the daily chart. There is an Inverted Head and Shoulder pattern, which has a projected target of around 19,900-20,000 levels and after a short consolidation or correction can further regain strength.
Economic Times

Godrej Properties buys 18.6 acre land in Mumbai for about Rs 750 cr to build luxury homes - almost 2 years ago
Godrej Properties, which is part of business conglomerate Godrej Group, is one of the leading real estate companies in the country. The company has been aggressively buying land outrightly and also entering into joint development agreements (JDAs) with landowners to create future development pipelines.
Economic Times

Merger-bound Shriram Fin to emerge as second largest retail NBFC: KIE - almost 2 years ago
Shriram Capital Limited (SCL), the holding company of the Shriram Group, and Shriram City Union Finance are being merged with Shriram Transport Finance, and the company will now be named as Shriram Finance
Economic Times

ETMarkets Smart Talk | Nifty in overbought zone; Vaishali Parekh’s 3 stock ideas for next week - almost 2 years ago
Market has definitely gone in an overbought zone, but still there is inherent strength witnessed on the daily chart. There is an Inverted Head and Shoulder pattern, which has a projected target of around 19,900-20,000 levels and after a short consolidation or correction can further regain strength.
Economic Times

Axis Securities' six largecap picks that may rally up to 30% in coming months - almost 2 years ago
Domestic brokerage firm Axis Securities has released its December reports, where it is positive on half a dozen largecap counters that can rally up to 30% in the coming months. It believes that the current market is a 'buy on dips’ play.It has recommended investors to maintain good liquidity to use such dips in a phased manner and build a position in quality companies with an investment horizon of 12-18 months. Here are top largecap picks of the brokerage firm:
Economic Times

Merger bound Shriram Finance to emerge as second largest retail NBFC: Kotak Institutional Equities - almost 2 years ago
Shriram Capital Limited (SCL), the holding company of the Shriram Group, and Shriram City Union Finance are being merged with Shriram Transport Finance, and the company will now be named as Shriram Finance
Economic Times

How decentralised is the decentralised world of crypto - almost 2 years ago
An arguably better approach for retail users affected would be for them to go back to the first principles of blockchain technology – to have custody of their own assets and have a trustless mechanism to verify assets, transactions and interactions on chain
Economic Times

Raymond, Likhitha Infra among 11 smallcaps that zoomed 31% last week - almost 2 years ago
Consolidation is the driving feature of India’s property, said Nuvama Institutional Equities. "We believe buoyancy in sales would sustain driven by pick-up in launches, aided by cash flow improvement, diversification and market share gains."
Economic Times

This smallcase manager is betting on 3 smallcap stocks in tune with India growth themes - almost 2 years ago
Decarbonisation, sustainability, manufacturing and consumption are the themes that have emerged in India in the last two years
Economic Times

Will it be a December to remember for Nifty bulls? Let’s go back to history - almost 2 years ago
Empirical data shows that December is the month which delivers the highest returns when compared to the other months of the year
Economic Times

Infrastructure, green energy among themes to gain traction in 2023: Macquarie - almost 2 years ago
There is a strong global appetite to invest in infrastructure, particularly renewable energy. Macquarie anticipates $2 trillion in global inflows over the next five years, given the thrust of several countries to drive significant climate policy initiatives.
Economic Times

Larry Summers Says Fed Will Need to Boost Rates More Than Markets Expect - almost 2 years ago
We have a long way to go to get inflation down” to the Fed’s target, Summers told Bloomberg Television’s “Wall Street Week” with David Westin. As for Fed policymakers, “I suspect they’re going to need more increases in interest rates than the market is now judging or than they’re now saying
Economic Times

Realty stocks lead D-Street investors’ shopping list; risk reward remains favourable - almost 2 years ago
The BSE Realty index clocked over 4% gains, being the top sectoral index gainer for the week.
Economic Times

SBI raises Rs 10,000 cr through its maiden infra bonds - almost 2 years ago
SBI, the country’s largest lender, received overwhelming response from investors with bids of Rs 16,366 crore, prompting an early closure of the issue. It was scheduled to close next week.
Economic Times

On a path to recovery; 6 mid-cap pharma stocks including 2 MNC’s with an upside potential up to 29% - almost 2 years ago
After witnessing a phase of under-performance, select pharma stocks had been making a comeback. The list includes MNC pharma companies which have restructured their operations in the last four years. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.
Economic Times

ICICI Bank to step up realty play as RERA, growth drive optimism - almost 2 years ago
The initiative by ICICI Bank offers builders instant generation of account numbers for registration with the Real Estate Regulatory Authority (RERA), better statutory payments efficiently and also enables them to manage payment obligations to vendors, employees and utility providers.
Economic Times

Mind Over Money: How chanting of Gayatri mantra helps this Rs 8,500-cr money manager keep mentally fit - almost 2 years ago
“I was also spiritually initiated from a very early age. I chant the Gayatri Mantra in the mornings and evenings and perform some spiritual practices every day which fortify me mentally.”
Economic Times

Weekly Top Picks: Six large & mid caps with consistent score improvement and upside potential of up to 28% - almost 2 years ago
The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
Economic Times

What caused the BSE IT Index to reverse this week? - almost 2 years ago
Since there is no new story all the time, someone selects to sell. The day there is no greater fool to sell to, the stock declines. Then the short-termers sell a little ('Just for a little liquidity'). Then the 'long-termers' entertain second thoughts. Then the media calls it a 'crash'. Then it becomes front page news. That is when people realise there is more money to be made on the incline than on the perpendicular.
Economic Times

S&P 500 ends slightly lower after jobs report - almost 2 years ago
"If anything, I am actually encouraged by how the market is clawing its way back from the level we were at today. It is another indication the market is looking for at least a seasonal December rally," said Sam Stovall, chief investment strategist at CFRA in New York.
Economic Times

Why Christmas trees could cost 10% more this holiday season - almost 2 years ago
Nearly three-quarters of tree growers said their wholesale prices would probably be 5% to 15% higher than last year
Economic Times

Paytm, media among stocks that zoomed up to 18% during the week - almost 2 years ago
On the 500 index, about 400 shares settled in green, whereas more than 100 stocks ended in red. About two dozen counters rose in double digits but none of the stocks dropped more than 7% for the week.
Economic Times

Paytm management issues upbeat guidance - almost 2 years ago
Paytm has led the rout in shares of India's new-age businesses last month as investors, predominantly institutional, are dumping their holdings, raising concerns how much more would these stocks fall.
Economic Times

Nifty@record highs! Time for retail investors to shift from large banks to undervalued IT stocks - almost 2 years ago
“Retail investors may shift from large banks to undervalued IT stocks from a three to five-year perspective. This strategy will most likely create an alpha on their current investment portfolio.”
Economic Times

Mind Over Money: How ‘Tri Sandhya Vandana’ keeps this money manager mentally fit - almost 2 years ago
“I have been blessed to get my spiritual initiation and Gayatri Mantra from one of the greatest saints of the 20th century where we were required to perform the “Tri Sandhya Vandana” and follow some spiritual practices daily,” Ajit Banerjee, Chief Investment Officer, Shriram Life Insurance, said.
Economic Times

Indices end 8-day rally ahead of US jobs data - almost 2 years ago
Benchmark indices have risen 11-12% since early October as foreign funds resumed buying activity, making Indian markets among the best performing in the world.
Economic Times

Stocks fall and dollar gains after strong US payrolls - almost 2 years ago
The Dow Jones Industrial Average fell 256.27 points, or 0.75%, to 34,138.74, the S&P 500 lost 39.05 points, or 0.96%, to 4,037.52
Economic Times

SBI raises Rs1000 cr through its maiden infra bonds - almost 2 years ago
SBI, the country’s largest lender, received overwhelming response from investors with bids of Rs 16,366 crore, prompting an early closure of the issue. It was scheduled to close next week.
Economic Times

These 7 PSU stocks touch their new 52-week high - almost 2 years ago
The benchmark index Sensex snapped its 8-session rally to end 416 points lower at 62,868 on Friday. Despite a fall in the market, seven stocks from the BSE PSU 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

Softbank sells 5.1% stake in Policybazaar for Rs 1,043 crore - almost 2 years ago
SVF India offloaded 2,28,42,424 shares, amounting to 5.08% stake in the company
Economic Times

Goldman warns of bonus cuts for traders: Report - almost 2 years ago
Executives at the investment bank's global markets division were informed that the compensation pool would be slashed by a low double-digit percentage, the report said, citing people with knowledge of the discussions.Goldman Sachs did not immediately respond to a Reuters request for comment.
Economic Times

US stocks open lower after robust November jobs report - almost 2 years ago
The Dow Jones Industrial Average fell 129.6 points, or 0.38%, at the open to 34265.45
Economic Times

Fed's Barkin: labor supply likely will remain constrained - almost 2 years ago
"Labor supply looks like it will remain constrained...and the Fed's efforts to bring demand back into balance won't be easy," Barkin said in a speech to an event in Virginia, as he pointed to households still having about $1.3 trillion more in savings then they did pre-pandemic and fiscal stimulus in a recent infrastructure package passed by Congress
Economic Times