The Board of NBCC has approved a 1:2 bonus share issue, granting one additional share for every two shares currently held. October 7 has been set as the record date to determine eligibility. The bonus shares will be issued from free reserves, as per the audited financial statements for March 2024, with reserves of Rs 1,959 crore available for capitalization.

As Nifty and Sensex continue to scale new highs, there is a mixed feeling on the street . How to manage the relationship between opportunity and challenges. Given the way markets are panning out, yes there are opportunities to make returns in a short term. But the challenge is finding the right stock which not only delivers a return in the short term but is also worth holding in the portfolio for the long term. So, one has to strike a balance between being bullish and finding the stocks which in case of a decline in market fall less. While there is no full proof of doing it, there are some simple things that if one looks at before buying the stocks, it would help in finding the stocks which have higher probability delivering return with relative lesser drawn down.

The Indian rupee ended little changed on Friday as dollar demand from state-run banks offset the potential impact of inflows into local equities. The rupee closed at 83.8625 against the US dollar, nearly flat compared to its previous close of 83.87. While most Asian currencies rallied between 2% and 6% in August, the rupee weakened by 0.2%, marking its second consecutive monthly decline.

The Indian market hit a fresh record high on Friday, tracking positive global cues. The S&P BSE Sensex rallied more than 200 points, while the Nifty50 closed above the 25,200 level.The S&P BSE Sensex reached a record high of 82,637, and the Nifty50 hit a high of 25,268.

In a market which is giving decent capital gains both the level of index and stocks, looking at dividend yield stocks might not appeal to the majority. But when valuations are high and an investor has to make a choice between two kinds of stocks. A newly listed company promising to be profitable in next four years or till eternity & quoting at US $ 6 billion market capitalization or a company which has paid dividend for the last 10 years, what choice one would make. Maybe dividend yield which is reality rather than a promise of profitability.

State-owned NBCC (India) Ltd has approved the issuance of bonus shares in a 1:2 ratio, utilising Rs 90 crore from free reserves. The company will distribute 90 crore bonus shares, with October 7, 2024, set as the record date. This move aims to boost shareholder value and reflects the company's strong financial position.

In August, Foreign Portfolio Investors (FPIs) were net buyers of Indian equities at Rs 7,320 crore, increasing their 2024 total to Rs 42,886 crore. FPIs' recent activity shows a fluctuating trend, with notable purchases in July and February-March, and sales in April-May and January.

Charlie Munger believed the key to big returns is patience and conviction in investing. ETMarkets is hosting an online session with Gautam Baid of Stellar Wealth Partners to guide investors on stock selection. Register for the event to enhance your investment strategy.

The month ended as well; Nifty posted a monthly gain of 284.75 points (+1.14%) The markets are in a strong uptrend; however, once again it has created a situation wherein they have sharply deviated from their mean

Emami has completed the acquisition of the remaining 49.6% stake in Helios Lifestyle, full owner of 'The Man Company'. This final acquisition strengthens Emami's presence in the digital-first premium male grooming segment, complementing its existing brands. Emami plans to further enhance the growth potential of The Man Company.

Ircon International, Deepak Fertilisers, and Sapphire Foods are among the companies set to be in focus next week as they reach record dates for dividends, bonus issues, rights issues, and stock splits. Record dates determine eligible shareholders for these offers, ensuring shares are in demat accounts by the stipulated time.

If one looks in bits and pieces, it might not appear to be significant, but put all of them together and then one would realize that in the last two and half years, RBI has tightened each and every segment of the financial services industry. Whether it is housing finance, unsecured loan or gold loan, all of them have gone through an exercise where the bar of regulatory requirements has been raised. So, whether it is the requirement of the capital for a business or monitoring the end use for which the money is being raised.

Nifty gained 1.6% weakly, but saw notable block deals totaling Rs 43,068 crore across large, mid, and smallcap stocks. Significant transactions included HDFC Bank at Rs 19,131 crore, Interglobe Aviation at Rs 12,033 crore, and others between Rs 240 crore and Rs 121 crore.

Canadian value investor Peter Cundill has consistently emphasised that patience is the cornerstone of successful value investing.In his view, patience meant maintaining confidence in a company’s future based on thorough research. However, he distinguished this from stubbornness, which he defined as holding on to an investment despite negative analysis or disappointing results.Let's take a look at some of the learnings he shared and left behind for fellow investors.

Pharma stocks have surged due to a 'Patent Cliff,' where numerous drug patents expire, allowing generic manufacturers, especially in India, to produce cheaper versions. This trend is causing a revenue drop for original drug makers but presents growth opportunities for Indian pharma companies, reflected in the Nifty Pharma index's recent performance.

Prabhudas Lilladher has updated its high-conviction stock picks, removing HDFC Bank, ITC, Maruti Suzuki, Eris Lifesciences, and TCI Express due to factors like recent rallies and slower growth. The firm has added the following stocks to its conviction list:

Over the weekend of August 30, the benchmark index Sensex increased by approximately 1.58%, while the BSE Smallcap index rose by 0.61%. Despite a modest rally in the smallcap sector, six smallcap stocks have surged between 20-35% within just one week. Take a look at the list.

Domestic markets saw a steady rise in August, with the Sensex gaining nearly 1%. Smallcap stocks outperformed, with 197 of them offering double-digit returns, and some even rising over 50%. Analysts maintain a positive outlook due to domestic inflows and potential Fed rate cuts in the September meeting.

Kotak Mutual Fund has launched Kotak Crisil-IBX AAA Financial Services Index – SEP 2027 Fund, an open-ended sectoral Target Maturity Debt Index Fund investing in constituents of CRISIL-IBX AAA Financial Services Index – Sep 2027 with a relatively high interest rate risk and relatively low credit risk.

Global investors are increasing stakes in Indonesia and Malaysia, expecting these markets to thrive as the Federal Reserve anticipates monetary easing. Strong fiscal policies and focus on tech sectors like electric vehicles and data centers are drawing funds to the region, overshadowing larger rivals India and China. Economic improvements are bolstering their appeal.

Over the weekend of August 30, the benchmark index Sensex increased by approximately 1.58%, while the BSE Smallcap index rose by 0.61%. Despite a modest rally in the smallcap sector, six smallcap stocks have surged between 20-35% within just one week. Take a look at the list.

In the last five trading sessions up to August 30, the Sensex index rose by about 1.58%, ending at 82,366, with gains in every session. ETMarkets identified eight six stocks from the BSE Midcap pack that showed consistent price increases during this timeframe. (Data Source: ACE Equity)

A broadening rally in U.S. stocks offers an encouraging sign to investors, who are focusing beyond technology shares as markets await key jobs data and potential rate cuts from the Federal Reserve. The increased market breadth, reflecting investor interest in value stocks and small caps, signals optimism for earnings growth and profitability.

Billionaire Warren Buffett's Berkshire Hathaway has sold $845 million worth of Bank of America shares, its top holding. Since July, Berkshire has unloaded over $6 billion in shares. Buffett had expressed confidence in the bank's CEO, Brian Moynihan. Bank of America shares have gained 21% this year, close to the S&P 500 Banks Index's 22.6% rise.

Traders are leaning into bets with zeal even as serious questions linger about the economy and inflation — and how central bankers will respond. Before the Federal Reserve has even begun to act, bond markets have priced in a slew of rate cuts, measures of default risk are falling and surging equities reflect sure-thing bets the economy will boom.

The personal consumption expenditures report came on Friday after Fed Chair Jerome Powell last week expressed support for an imminent policy adjustment. Economic data next week includes the Labor Department's August jobs report, due on Friday.

The Nifty gained 0.3%, or 83.95 points, to close at 25,235.9. The Sensex rose 0.3%, or 231.16 points, to close at 82,365.77. Analysts expect the indices to gain up to another 2% on technical factors but warn against betting on one-sided moves in the near term amid continued concerns that parts of the market might be overheated. The outcome of the rate-setting meetings of US Fed and the Bank of Japan scheduled in September will determine the market direction next month.

"Given the need to ensure that only high quality stocks with sufficient market depth are allowed to trade in derivatives segment and considering the growth witnessed in market parameters since the last review conducted in 2018, the eligibility criteria for entry and exit of stocks in derivatives segment has been revised," Sebi said in a circular on Friday.

The government's notification removes the limit that exists on the diversion of sugar for ethanol production. "Since ethanol is a high-yielding product, this removal of cap would help the sugar mills and distilleries to manufacture more ethanol and improve their revenue mix directly, which will improve cash flows and stabilize the sugar industry," said T Manish, research analyst, Samco Securities.

Aadhaar will streamline the KYC process for financial products by addressing document redundancies, according to a senior RBI executive. The National Payments Council of India is working on this mandate but needs more time for clarity. Meanwhile, fintechs are encouraged to innovate in cross-border solutions and engage with regulators if needed, he adds.

If longer-duration debt is included, the group will also be open to having as much as 15% of its debt from the local capital markets, Singh told ET, after launching Adani Enterprises' maiden non-convertible debentures' issue of ₹800 crore.

The recent phase of upward movement in sugar stocks has come on the back of reports that fire in Brazilian sugar cane fields is likely to lead to shortage of sugar in the global market. It is not only this year, but even next year the impact of these fires will be felt by Brazil which is the largest exporter of sugar. Should that be the reason for the stocks to be bought, or there is more to India's sugar story? Probably second, because there is more to the sugar story than the shortage of sugar which has led to sugar prices.

UBS Group AG sold shares of seven companies, including Oil India and Dixon Technologies, for Rs 4,961 crore through open market transactions. The sales were made via its affiliate, UBS Principal Capital Asia, and included stakes in Rail Vikas Nigam, Zydus Lifesciences, Vodafone Idea, Oracle Financial Services Software, and Prestige Estates Projects.

Wall Street's main indexes opened higher on Friday after a key inflation report reiterated price pressures were moderating, cementing bets for an interest-rate cut at the Federal Reserve's September meeting.

Inter Globe Aviation promoter Rakesh Gangwal and his family trust have reduced their stakes in the airline by selling a combined 5.83 per cent shareholding for about Rs 10,500 crore.

Shares of Dell Technologies rose 4% on Friday, after robust demand for its artificial intelligence-powered servers prompted the company to raise its full-year earnings and revenue forecasts.

On Friday, India's benchmark index, the Sensex, surged by about 231 points to end at 82,365. During this rise, 11 stocks within the BSE Consumer Discretionary index hit their highest prices in the past year. Reaching a 52-week high is noteworthy as it represents the highest value a stock has achieved over the last 12 months, providing valuable insights for traders and investors. This benchmark is essential for assessing a stock's current value and predicting future price movements.

Wall Street's main indexes opened higher on Friday after a key inflation report reiterated price pressures were moderating, cementing bets for an interest-rate cut at the Federal Reserve's September meeting.

Capital markets regulator Sebi on Friday proposed changes to the informal guidance scheme to expand the list of applicants that can seek guidance under the plan and enhance the fee for making an application.

Nifty gained 84 points on Friday, forming a rounding bottom pattern suggesting strength. Analysts expect the index to rise towards 25,500 and potentially 26,000-26,250 if it sustains above 25,500. Support is at 24,950; a 'buy on dips' strategy is recommended.

The National Stock Exchange (NSE) has sold its Digital Examination Business (DEX) to CL Educate Limited for Rs 230 crores. In an exchange filing, CL Educate announced that its board approved the acquisition of DEX from NSEIT Limited on Thursday.

Capital market regulator Sebi has granted its approval to Hinduja Group firm IndusInd International Holdings for the acquisition of Invesco AMC's portfolio management services business.

Dalal Street has seen a record-breaking rally, taking the Nifty index to a new all-time high of 25,268. This marks the first instance of Nifty rising consecutively for 12 sessions since its launch in 1996. Analysts suggest future market movement may hinge on key economic indicators and corporate earnings.

Indian headline equity indices Nifty50 and Sensex hit fresh record highs on Friday, driven by gains in financials and IT stocks, following U.S. economic data that eased growth concerns.

In his AGM speech, Mukesh Ambani emphasized AI and deep-tech but did not mention IPOs or listings for Reliance Jio and Reliance Retail. Investors had hoped for a 2025 timeline for these monetizations, but RIL shares fell 0.5% as no new target prices were set.

Indian headline equity indices Nifty50 and Sensex hit fresh record highs on Friday, driven by gains in financials and IT stocks, following U.S. economic data that eased growth concerns.

A former student of Benjamin Graham, Buffett is known as a legendary value investor, though he is also believed to incorporate an emphasis on management quality and company growth prospects.

Anand Rathi initiated coverage on Sterling and Wilson Renewable Energy with a buy rating and target of Rs 870, citing strong order book and Reliance's RE plans. Risks include policy and competition.

Sebi has amended regulations to oversee unregistered financial influencers, aiming to reduce potential risks. The new norms restrict associations between regulated entities and unregistered individuals, requiring finfluencers to register with Sebi. This ensures accountability and prevents misleading financial advice, while also allowing limited investor education partnerships.

Indian benchmark equity indices Sensex and Nifty hit a fresh peak on Friday, tracking gains in regional peers, after U.S. economic data eased growth concerns, while investors awaited domestic quarterly growth data. Meanwhile, in today’s session, seven Nifty50 stocks reached new 52-week highs. Here’s the list: