Category: Digital Marketing

The Rs 16 crore SME IPO of Retaggio Industries is set to open for subscription from March 27 to April 2. The company is offering 61.98 lakh fresh equity shares, which will be listed on the BSE SME platform. Retaggio Industries IPO Price Band The shares are priced at Rs 25 per share. Investors can…

Low PE Ratio A Price-to-Earnings (PE) ratio lower than the industry average indicates that a stock is priced more cheaply in relation to its earnings compared to its peers. Based on a valuation scan by Stockedge.com, we have identified the top five stocks from the NSE large-cap sector with PE ratios below the industry average.This…

Jewellery stocks are back in focus after a lacklustre run over the past few months. Concerns over surging gold prices had weighed on sentiment, but the sector has staged a sharp rebound over the past week, with select stocks rising as much as 20%. Companies are optimistic about the March quarter, with high gold prices…

The stocks of life insurance companies have gained 7-12% since March 13, nearly offsetting the decline seen during the previous three months led by buoyancy in the broader market and healthy growth in annual premium equivalent (APE) in FY25 till February amid a tough demand scenario. Among these stocks, HDFC Life looks well placed given…

Oil prices barely moved on Tuesday as investors weighed the impact of U.S. tariffs on countries buying oil and gas from Venezuela against the effect of tariffs on industries such as automobiles on the global economy and oil demand. Brent crude futures were up 1 cent at $73.01 a barrel by 0121 GMT. U.S. West…

Turnaround Story A “Turnaround Story YoY” indicates that the company has gone from incurring a net loss in the same quarter last year to reporting a net profit in the latest quarter, signaling a significant improvement in its financial performance and recovery. In the Nifty smallcap pack, we have highlighted the top 5 stocks that…

Godrej Properties shares will be in focus on Monday after the company acquired approximately 10 acres of land in Yelahanka, Bengaluru. Based on current business assumptions, the project has an estimated revenue potential of Rs 2,500 crore. The project is expected to offer around 1.5 million square feet of saleable area, primarily comprising premium residential…

The private sector banks reported deceleration in aggregate operating and net profit for the third quarter in a row amid slowing growth in net interest income, rising bad loan provisioning, and continued margin pressure. Their public sector counterparts on the other hand continued to report double digit profit growth for the December quarter. Net profit…

Over the five trading sessions leading up to March 21, the Sensex increased by around 4.17%, or 3,077 points, closing at 76,906. The market ended each of those sessions on a positive note. ETMarkets pointed out seven stocks from the BSE Sensex index that consistently posted price gains during this period.(Data Source: ACE Equity)

Jainam Broking Limited set new benchmarks in the world of options trading with the successful conclusion of the Indian Options Conclave (IOC 6.0) on March 21st and 22nd, 2025, at the SIECC Convention Centre, Surat. One of the biggest milestones of IOC 6.0 was the Guinness World Record set by Jainam Broking Limited for conducting…

SBI Mutual Fund (MF), ICICI Prudential MF, and Nippon India MF on Friday acquired a 4.12 percent stake in travel distribution firm TBO Tek for Rs 537 crore through open market transactions. TBO Tek is a technology platform engaged in the business of providing services related to tours and travel. A total of 44.72 lakh…

Foreign investors poured $1.2 billion into Chinese equities this week — the largest weekly inflow since October 2024 — as blockbuster rallies in electric vehicle giant BYD and Chinese AI firms reignited confidence in China’s market rebound, driving global fund managers to ramp up their bets on Asia’s biggest economy.According to Elara Securities’ Global Liquidity…

Asian equities traded in tight ranges Friday as the uncertainty around Donald Trump’s next trade war salvo weighed on sentiment across global markets. Japan’s stock market opened higher, but South Korean shares fell and equity index futures for Hong Kong were down. US futures edged higher after the S&P 500 closed slightly down Thursday, a…

Gold prices declined by Rs 300 to Rs 91,650 per 10 grams on Thursday, bringing an end to the three-day rally in the national capital, amid fall in precious metal rates globally, according to the All India Sarafa Association. On Wednesday, the precious metal of 99.9 per cent purity closed Rs 700 higher at its…

Asian stocks rose following a rally on Wall Street after the Federal Reserve signaled it still sees room to cut interest rates later this year to support growth because any increase in inflation due to tariffs will be brief. Australian and South Korean shares gained with US futures after the S&P 500 climbed 1.1% and…

Hi, you’re listening to ET Markets Radio, I am your host Neha V Mahajan. Welcome to a fresh episode of ET Market Watch — where we bring you the latest news from the world of stock markets every single day. Let’s get to it: Sensex & Nifty Extend Gains for the 3rd session:Sensex rose 0.20%…

Mumbai: The proposed initial public offerings (IPOs) of two large non-banking financial firms-HDB Financial Services and Hero FinCorp-are facing delays in securing approvals from the country’s capital markets regulator. According to sources familiar with the matter, the Securities and Exchange Board of India has held back its green light for the much-awaited public issues so…

Exchange operator Nasdaq said on Tuesday it will open a new regional headquarters in Dallas, Texas. The announcement comes just a month after rival New York Stock Exchange committed to launch an exchange in the state. Several high-profile firms have stepped up their presence in the state in recent years, attracted by its perceived favorable…

Mumbai: State-owned Canara Bank on Monday raised ₹4,000 crore through the sale of tier-II bonds maturing in 10 years at an annual coupon rate of 7.46%, according to a top bank official. Last December, Punjab National Bank raised ₹3,000 crore tier-II bonds maturing in 15 years at 7.43%. Canara Bank’s bonds are callable at the…

DII Holding Domestic Institutional Investors (DII) hold 40% or more of the company’s shares, signaling strong confidence in its future prospects. Based on shareholding data from StockEdge.com, we have identified the top 5 Nifty200 stocks with the highest DII holdings (over 40%) for the December ’24 quarter.

New York: In the recent market selloff, the valuations of big technology companies have fallen from the lofty heights. Many traders, though, are betting that the declines may well have further to go, and recent history offers evidence to back them up. The price that investors are paying for anticipated earnings from the Magnificent Seven…

Valuation guru Aswath Damodaran has spelled out a warning of sorts for India’s growth story as the world, led by the US, takes a more protectionist turn. In his latest blog post, Damodaran said India will face many more hurdles in its path to achieve economic growth, unlike China which relatively had smoother sailing in…

Selling of Indian equities by the Foreign Portfolio Investors (FPIs) continued in the first fortnight of March where they sold shares worth Rs 30,015 crore. The total FII selling in this year so far has been at Rs 1,42,616 crore. In January, FPIs sold shares worth Rs 78,027 crore and followed it up with a…

It was only three years ago that a dispute between an infamous crypto billionaire and a titan of the financial establishment became the center of attention at an annual event known as the Davos of the derivatives market. The dust up between FTX founder Sam Bankman-Fried and Terry Duffy, the boss of the US’s largest…

U.S. stocks rebounded on Friday, but all three main indexes were on track for weekly declines following a selloff earlier in the week, triggered by fears of a growth slowdown due to the Trump administration’s erratic trade policies. The Dow Jones Industrial Average rose 244.0 points, or 0.60%, at the open to 41,057.57. The S&P…

Even as Donald Trump’s trade war sends the US stock market hurtling toward a correction, the individual investors who rode the bull run to record highs haven’t yet given up their faith. The so-called retail investors poured $7.3 billion into equities in the week through Wednesday, when they boosted exposure to perennial favorites like Tesla…

Gold contracts breached the Rs 87,000 per 10 gram mark on Thursday hitting a fresh lifetime high of Rs 87,569 while Silver futures reclaimed the Rs 1 lakh peak on the MCX after nearly 5 months, recording their new all-time high of Rs 1,00,444 as bullion’s safe haven appeal grew amid the tariff war started…

NEW DELHI: Mining shares closed lower in the Thursday’s session. Oriental Trimex Ltd.(up 3.06%), Aro Granite Industries Ltd.(up 1.02%) and Ashapura Minechem Ltd.(up 0.46%) stood among the top gainers. Pokarna Ltd.(down 2.87%), KIOCL Ltd.(down 2.70%), Sandur Manganese & Iron Ores Ltd.(down 1.89%), The Orissa Minerals Development Company Ltd.(down 1.71%), NMDC Ltd.(down 1.53%), MOIL Ltd.(down 1.35%),…

Wall Street keeps shaking because of tariffs. After jumping to a big early gain on an encouraging inflation update, the U.S. stock market lost all of it after other countries announced their retaliations following President Donald Trump’s latest escalation in his trade war. The S&P 500 was down 0.3% in midday trading after erasing an…

NEW DELHI: Coastal Corp, Cinevista Ltd, Spencer’s Retail, Rajnandini Metal and Nath Bio-Genes and others were among the stocks that touched their 52-week lows in today’s trade. Domestic benchmark index NSE Nifty ended 27.41 points down at 22470.5, while the BSE Sensex closed 72.56 points down at 74029.76. On the other hand, NACL Industries, ARSS…

Shruti Shibulal, daughter of Infosys co-founder and former CEO SD Shibulal, on Tuesday bought the IT major’s shares worth Rs 494 crore through an open market transaction. According to the block deal data available on the National Stock Exchange (NSE), Shruti Shibulal, one of the promoters of Infosys, purchased 29,84,057 shares of the Bengaluru-headquartered IT…

NEW DELHI: Several stocks rallied as much as 15% in Mumbai trading on Tuesday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the green amid brisk buying in frontline bluechip counters. Stocks that surged in excess of 15% included, Pasupati Acrylon(19.08%), M M Rubber(16.85%) and Purple Entertainment(15.29%). The 30-share BSE Sensex ended…

Private lender IndusInd Bank’s internal review has estimated an adverse impact of approximately 2.35% of the bank’s net worth as of December 2024, according to an exchange filing on Monday. The review was undertaken following Reserve Bank of India’s (RBI’s) master directions on derivative portfolio of lenders, issued in September 2023. The review was related…

NEW DELHI: Shares of Nitiraj Engineers, AXISCADES Engg Tech, Reliance Naval & Engg, California Soft(PP)and Steel Cast, hit their fresh 52-week highs during Monday’s trade on NSE. Benchmark NSE Nifty closed 92.21 points down at 22460.3 amid selling in frontline bluechip counters. However, stocks such as Nagarjuna Fertilizer, Hindustan Media, AAA Technologies, Zodiac Clothing and…

The Indian market ended flat on Friday, after rising 2% over the last two sessions, with gains in heavyweight Reliance Industries offsetting declines in IT stocks. Market sentiments remained cautious due to concerns over U.S. tariffs amid fluctuating trade policies that have rattled global financial markets.The benchmark BSE Sensex lost 7.51 points or 0.01% to…

Electric two-wheeler maker Ather Energy Ltd has taken a significant step toward its much-anticipated initial public offering (IPO) by converting its outstanding compulsory convertible preference shares (CCPS) into equity. The move is part of the company’s preparation for its IPO, expected to be launched in April, according to merchant banking sources. According to a Registrar…

Foreign Portfolio Investors (FPIs) have continued their selling spree in Indian equities in March, with total equity outflows amounting to Rs 24,753 crore as of March 7, taking the total to Rs 137354 crore in CY25 so far. However, the pace of selling appears to have slowed down slightly in recent sessions, according to market…

In the five trading sessions prior to March 7, the Sensex rose by around 1.5%, or 1,134 points, closing at 74,333. The market ended on a positive note in 2 of those five sessions. ETMarkets highlighted seven stocks from the BSE 100 index that consistently saw price gains during this period. (Data Source: ACE Equity)

Wall Street’s main indexes ticked up in choppy trading, boosted by a jump in energy stocks, while investors assessed a key jobs report and awaited comments from Federal Reserve Chair Jerome Powell for clues on the health of the U.S. economy. At 09:51 a.m. ET the Dow Jones Industrial Average rose 124.23 points, or 0.29%,…

NEW DELHI: The Nifty Auto index closed on a positive note on Friday. Shares of Apollo Tyres Ltd.(up 2.71 per cent), Bajaj Auto Ltd.(up 1.51 per cent), Tata Motors Ltd.(up 1.36 per cent), TVS Motor Company Ltd.(up 0.58 per cent) and Bharat Forge Ltd.(up 0.13 per cent) ended the day as top gainers in the…

Bengaluru-based real estate developer Sattva Group and Blackstone, the world’s largest alternative asset manager, has filed papers for the largest Real Estate Investment (REIT) in India to raise up to Rs 7,500 crore, said persons with direct knowledge of the development. The proposed REIT that will combine assets of Sattva and Blackstone’s Nucleus Office Parks…

NEW DELHI: The Nifty Realty index closed on a negative note on Thursday. Shares of Raymond Ltd.(up 3.59 per cent), Mahindra Lifespace Developers Ltd.(up 2.67 per cent), Sobha Ltd.(up 1.02 per cent) and DLF Ltd.(up 0.6 per cent) ended the day as top gainers in the pack. On the other hand, Macrotech Developers Ltd.(down 1.25…

Hi, you’re listening to ET Markets Radio, I am your host Neha V Mahajan. Welcome to a fresh episode of ET Market Watch — where we bring you the latest news from the world of stock markets every single day. Let’s get to it: Stock MarketsIndian stock markets finally snapped its 10-day losing streak. Sensex…

NEW DELHI: A number of stocks rose in excess of 10% on BSE as domestic equity indices, BSE Sensex and NSE Nifty, ended in the green on Wednesday. These high-performing stocks that rallied more than 10% during the session included, Sinclairs Hotel(14.99%), DRC Systems India(14.79%), Howard Hotels(14.22%), Bharat Wire Ropes(13.88%), Manaksia Aluminium(13.68%), Keltech Energies(13.55%), Huhtamaki…

The global trade war is heating up! Donald Trump has officially imposed 25% tariffs on goods from Canada & Mexico and a 20% levy on Chinese imports. In retaliation, China has hit back with additional tariffs of 10-15% on key US goods like chicken, wheat, pork, and cotton. With Canada and Mexico also weighing countermeasures,…

NEW DELHI: The Nifty Pharma index closed on a negative note on Tuesday. Shares of Biocon Ltd.(up 3.2 per cent), Laurus Labs Ltd.(up 3.16 per cent), Glenmark Pharmaceuticals Ltd.(up 1.61 per cent), Abbott India Ltd.(up 1.15 per cent) and Natco Pharma Ltd.(up 0.91 per cent) ended the day as top gainers in the pack. On…

New Delhi, Markets regulator Sebi on Monday extended the deadline by a month to March-end for reporting differential rights issues by Alternative Investment Funds (AIFs). A one-time reporting requirement was set for AIFs that filed their Private Placement Memorandum (PPM) with SEBI on or after March 1, 2020, and issued differential rights outside the standard…

NEW DELHI: The Nifty IT index closed on a positive note on Monday. Shares of LTIMindtree Ltd.(up 3.61 per cent), Wipro Ltd.(up 2.13 per cent), Infosys Ltd.(up 1.24 per cent), MphasiS Ltd.(up 0.81 per cent) and L&T Technology Services Ltd.(up 0.64 per cent) ended the day as top gainers in the pack. On the other…

After a Mumbai court ordered an FIR against former Sebi chief Madhabi Puri Buch, two BSE officials, and others, markets regulator Sebi called the complaint as frivolous and asserted to challenge this order through appropriate legal steps. “Sebi would be initiating appropriate legal steps to challenge this order and remains committed to ensuring due regulatory…

A special Mumbai court ordered an FIR against former Sebi chief Madhabi Puri Buch over alleged stock market fraud, regulatory violations. Along with Buch, 5 others were also under the scanner, according to PTI. The order came after Buch’s end of tenure as the regulator’s chief recently. Buch faced a slew of allegations of impropriety…

Tuhin Kanta Pandey assumed charge as the 11th chairman of the Securities and Exchange Board of India (Sebi) on Saturday. The career bureaucrat who served as the Finance Secretary till now, replaced Madhabi Puri Buch, whose 3-year tenure ended on Friday. He has been appointed for a term of three years. Pandey told the media…

Manoj Joshi, Distinguished Fellow, ORF, says right now we are only seeing the first stages in Mr Trump’s economic outlook towards the world. Yesterday, he has announced a whole set of new tariffs. The reciprocal tariff system is yet to come in. I think it will come in in April. And so, yes, certainly the…

Foreign Institutional Investors (FIIs) sold Indian equities worth Rs 11,639 crore on Friday, recording their highest single-day sell-off in February. Through the month, they were net sellers at Rs 34,574 crore. In the 20 trading sessions, they were buyers on just two instances — on February 18, when they had bought domestic shares worth Rs…

NEW DELHI: Fertilisers shares closed lower in the Friday’s session. stood among the top gainers. The Fertilisers and Chemicals Travancore Ltd.(down 7.51%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(down 7.44%), Chambal Fertilisers & Chemicals Ltd.(down 7.15%), Gujarat State Fertilizer & Chemicals Ltd.(down 6.68%), Madras Fertilizers Ltd.(down 6.11%), Sikko Industries Ltd.(down 5.86%), National Fertilizers Ltd.(down 5.42%), Aries…

Hi, you’re listening to ET Markets Radio, I am your host Neha V Mahajan. Welcome to a fresh episode of ET Market Watch — where we bring you the latest news from the world of stock markets every single day. Let’s get to it:Another flattish day for India markets: Sensex closed at 74,612 (+10 pts),…

NEW DELHI: A number of stocks rose in excess of 10% on BSE as domestic equity indices, BSE Sensex and NSE Nifty, ended in the red on Thursday. These high-performing stocks that rallied more than 10% during the session included, Hittco Tools(12.95%), Ashiana Housing(12.33%), CreditAccess Grameen(11.82%), Shyamkamal Invst(10.00%) and Padmanabh Alloys(10.00%). The 30-share Sensex ended…

Varanasi Aurangabad NH-2 Tollway Private Limited (VAH) has raised $316.3 million through a dollar-denominated bond issuance, marking its debut in the international bond market. The bonds, carrying a 5.900% coupon rate, tighter than the initial price guidance of 6.375%, will mature in nearly nine years. Proceeds will be used for refinancing and capital expenditure. Deutsche…

Indian headline indices ended mixed on Tuesday giving its morning gains. While the Nifty fell for the sixth straight session, the 30-stock BSE Sensex broke its five-session losing streak. The former closed the session at 22,547.55, down by 5.80 points or 0.03%, and the latter at 74,602.12, gaining by 147.71 points or +0.20%. Commenting on…

Apple has announced its largest-ever US investment, pledging over $500 billion in the next four years to boost AI, silicon engineering, and advanced manufacturing in the US. In an official Apple Blog Post, CEO Tim Cook emphasised Apple’s commitment to American innovation.The move follows Trump’s claim that Apple CEO Tim Cook promised to shift manufacturing…

Shares of Tata Capital, the financial services arm of diversified Tata Group, have been gaining traction in the unlisted market after the company announced plans to launch an IPO. The news around public listing has given a boost for the company’s shares, which are currently trading at just over Rs 1,000. At the current price,…

Physically backed gold exchange-traded funds (ETFs) registered the largest weekly inflow since March 2022 last week, data by the World Gold Council (WGC) showed on Monday. Gold ETFs store bullion for investors and account for a significant amount of investment demand for the precious metal , which hit a record high of $2,956.15 per troy…

Oil prices extended last week’s losses on Monday as investors awaited clarity on talks to end the war in Ukraine and weighed up the prospect of a resumption in crude exports from northern Iraq. Brent futures were down 14 cents, or 0.2%, at $74.29 barrel by 0843 GMT, while U.S. West Texas Intermediate crude futures…

Foreign investors have pulled out over Rs 23,710 crore from the Indian equity markets so far this month, pushing total outflows past Rs 1 lakh crore in 2025 amid rising global trade tensions. Going forward, V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, believes that revival of FPI investment in India will happen when…

The Indian market closed in the red on Friday, extending their losing streak to a third consecutive week. The decline was driven by losses in heavyweight financial and automobile stocks, while lingering concerns over U.S. tariffs continued to dampen investor sentiment. The benchmark BSE Sensex shed 424.90 points or 0.56% to close at 75,311.06, while…

OMAHA, Neb. – In his annual letter to shareholders Saturday, Warren Buffett celebrated the successes of Berkshire Hathaway’s companies last year and in the 60 years since he took over a struggling New England textile company and began converting it into a massive conglomerate. Buffett opened the letter by acknowledging that he has occasionally made…

Foreign Institutional Investors (FII) continued their selling spree in the Indian equity market, offloading shares worth Rs 26,610 crore across 16 sectors in the first half of February, according to NSDL data. Financial services bore the brunt of the outflows, followed by FMCG, capital goods, oil & gas, and consumer services. Meanwhile, selective buying was…

Warren Buffett, the chairman of Berkshire Hathaway, is known for his strategic investment choices. Recently, his company has amassed over $300 billion in cash and Treasury bills, a record high since data tracking began in 1998. This significant cash reserve has led investors to seek insights into Buffett’s perspective on the current stock market. Why…

ETMarkets’ latest mutual fund analysis focuses on stocks that are held by only one scheme. The initial list included 138 stocks in January 2025. To refine the selection, only stocks with a market value over Rs 10 crore as of January 2025 and a price increase of 50-150% in FY25 so far were considered. This…

Goldman Sachs on Thursday sold its entire stake in smallcap stock ISGEC Heavy Engineering for Rs 95 crore via a block deal. It held 1.42% stake or 10,43,192 shares as on December 31, 2024 ended quarter. The shares were sold via Goldman Sachs Funds – Goldman Sachs India Equity Portfolio at a price of Rs…

Pi Network has officially launched its Open Mainnet, marking a major milestone for the project after a two-year delay. This launch enables external blockchain connectivity, allowing transactions beyond the closed Pi Network ecosystem for the first time. Additionally, Pi Coin is now listed on major cryptocurrency exchanges such as OKX, Gate.io, Bitget, and CoinDCX, allowing…

Bumble’s shares fell 27% on Wednesday after the dating app operator forecast first-quarter revenue below market estimates, as it continues to grapple with a slowdown in the growth of paying users. Shares of the Austin, Texas-based company have slumped about 40% over the past 12 months. Bumble recently announced executive changes including the return of…

On September 27, 2024, the Nifty index hit an all-time high of 26,277.35 before embarking on a downward journey. Since then, the Nifty smallcap 250 index has also witnessed a steep decline of over 20%, marking its entry into the bear market. The following companies from the Nifty Smallcap 250 universe bore the brunt of…

State-owned NTPC on Tuesday said it has paid an additional Rs 2,424 crore of interim dividend to its shareholders in the financial year ending March 2025. This is in addition to the first interim dividend of Rs 2,424 crore paid in November 2024, NTPC said in a statement. The Rs 2,424 crore dividend paid on…

For first-time investors, stepping into the stock market can be overwhelming, with a wide array of investment options and strategies to consider, especially when deciding between protecting capital and chasing potential multi-baggers. Balancing both aspects is key to navigating the market successfully, according to experts. Industry professionals Mihir Vora, CIO of Trust Mutual Fund (speaking…

Vedanta Ltd.’s creditors will meet Tuesday to give their final verdict on a plan to split the Indian mining conglomerate into at least five different businesses, a key step in a months-long effort to simplify the group’s structure and help manage its debt burden. Both secured and unsecured lenders will discuss the much-awaited overhaul plan…

European shares rose on Monday, led by defence stocks, as the region’s top political leaders called for an emergency summit on the Ukraine war amid growing U.S. calls to boost military spending for security. The pan-European STOXX 600 index was up 0.2%, as of 0815 GMT. The benchmark logged its longest weekly gains since March…

It does feel frustrating when mutual funds or stocks seem to decline shortly after you invest. While it may seem like bad luck, several avoidable factors contribute to this. A. Behavioural Reasons The Dalbar Quantitative Analysis of Investor Behavior (QAIB) consistently shows that individual investors underperform the broader market. This is largely because they tend…

The primary market will see 2 new IPOs opening for subscription this week and both of them will be in the SME segment. Apart from these new issues, the Street will also witness 10 listings. In the mainboard segment, Quality Power, Ajax Engineering and Hexaware Technologies will debut on the Street. Here’s what to look…

Concord Biotech saw a weekly decline of 27.71%, with the stock closing at Rs 1693.20 on the BSE at the end of the week. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

Reliance Infrastructure Ltd has reported widening of consolidated net loss to Rs 3,298.35 crore in the December quarter. It had clocked a net loss of Rs 421.17 crore in the year-ago period, the company said in an exchange filing. The company’s total income, however, rose to Rs 5,129.07 crore from Rs 4,717.09 crore in the…

Brokerage firm ICICI Securities on Friday settled with markets regulator Sebi a case of alleged violation of stock brokers rules as well as other market norms after paying Rs 80.4 lakh towards settlement fee. The order came after ICICI Securities filed a settlement application in August last year, requesting the regulator for the settlement of…

“There was an expectation that third quarter will be slightly better than first half. In the first half, if you remember, Nifty has shown a growth of about 3.5% on a year-on-year basis,” says Harsha Upadhyaya, CIO-Equity, Kotak AMC.First up, give us a sense of how quarter three has shaped up overall. What are you…

Robinhood has cemented its foothold in the crypto trading market as its commission-free model attracts price-conscious customers, analysts said, strengthening its position as a rival to digital asset-focused exchanges such as Coinbase. Robinhood reported an eight-fold jump in transaction-based revenue from crypto trading for the fourth quarter. The company’s stock rose nearly 14% in early…

The SME initial public offering (IPO) of Voler Car, which opened for public bidding on February 12, was fully subscribed on Thursday with an overall subscription of 2.54 times as of 12:50 PM on the second day of bidding. The company aims to raise Rs 27 crore through the IPO, with the issue closing on…

PE firm Advent backed Suven Pharma net profit rose 78% year-on-year (YoY) to Rs 83.3 crore in Q3FY25 compared to Rs 46.8 crore in the corresponding period of the previous year. Revenue grew 40% YoY to Rs 307.2 crore in Q3FY25 driven by doubling of CDMO business driven by R&D and business development efforts. Gross…

Despite the market correction, certain sectors continue to offer attractive investment opportunities. Financials remain a key focus area, given their long-term growth potential. The real estate sector, which has seen a significant decline in stock prices, still has strong demand prospects over the next few years. Microfinance institutions (MFIs) are another area of interest, as…

Vodafone Idea’s net loss narrowed sequentially to Rs 6,609 crore in the fiscal third quarter, from Rs 7,176 crore in the period ended September, mainly on the back of residual flow through of tariff hikes, which continued to lift average revenue per user (ARPU). The joint venture between UK’s Vodafone Group PLC and India’s Aditya…

HDFC Securities' CEO Dhiraj Relli discusses investment trends and opportunities

McDonald’s posted on Monday a surprise increase in its global comparable sales in the fourth quarter, aided by demand for its cheaper items and discounted offerings from diners in the Middle East, Japan and China. Shares of the burger chain rose nearly 5% in early U.S. trading, despite a bigger-than-expected drop in U.S. comparable sales…

Sale restrictions on about $4 billion of newly listed Indian shares expired on Monday, adding pressure to a stock market that has already erased $1 trillion in value since mid December. Lockups on FirstCry operator BrainBees Solutions Ltd., Ceigall India Ltd., Ola Electric Mobility Ltd. and Unicommerce eSolutions Ltd. are among those that ended on…

The Indian market ended in the red on Friday, dragged down by interest-rate-sensitive financial stocks, after the Reserve Bank of India (RBI) slashed interest rates for the first time in nearly five years, as widely expected, to revive economic growth. The benchmark BSE Sensex lost 197.97 points, or 0.25%, to close at 77,860.19, while the…

Gold hit a new lifetime high in both domestic and overseas markets last week. Uncertainty over US trade tariffs bolstered gold’s safe-haven appeal. Firm overseas prices, a record weak Indian Rupee, and stable demand offered additional support to domestic prices. The yellow metal tested a high of $2,882 an ounce, gaining over 9 percent so…

Bengaluru-based garment exporter Gokaldas Exports has reported a 65% jump in profit after tax (PAT) for the quarter ended December 31, 2024 (Q3FY25), at Rs 50 crore, over Rs 30 crore recorded for the same period last year (Q3FY24). The jump in PAT came on top of a 79% jump in total income for the…

Indian benchmark indices closed lower on Friday, weighed down by interest-rate sensitive financial stocks, after the Reserve Bank of India (RBI) cut interest rates for the first time in nearly five years, as widely anticipated, in an effort to stimulate economic growth. Nifty formed a red candle on the daily chart, signalling weakness, but a…

Amazon.com shares fell 3.72% to $229.95 on Friday after the tech giant reported lackluster cloud revenue growth, amplifying investor concerns that Big Tech’s massive artificial intelligence investments were taking longer to deliver returns. Alphabet’s shares were down 2.87% at $187.77 while Microsoft was trading 1.02% lower at $411.56. The results echoed the slowdown at Microsoft…

Kaustubh Gupta, Co-Head- Fixed Income, ABSL AMC, says the incoming data suggests that inflation is expected to drop significantly over the next 12 months, likely reaching around 4.45% to 4.5%. It’s important to remember that in the past 18 months, much of the inflation was influenced by vegetable prices, which tend to fluctuate in cycles….

The Indian rupee weakened to a lifetime low of 87.582 per dollar on Thursday, before closing at 87.577/$1 due to persistent dollar demands to fund possible maturity of positions in the non-deliverable forwards (NDF) market, traders said. Persistent sales of local stock by overseas investors helped accelerate the rupee’s retreat, they said. A depreciation bias…

Fashion and lifestyle major Trent on Thursday reported a 33% growth in its consolidated net profit for the December quarter, reaching Rs 497 crore, compared to Rs 374 crore in the same period last year. The Q3 FY25 revenue from operations stood at Rs 4,657 crore, marking a 34% increase over Rs 3,467 crore reported…

Tesla sales plunged in Germany last month, official data showed Wednesday, after billionaire owner Elon Musk waded into the country’s election campaign by vocally backing the far right. Shares of the company were trading 2.61% down at $381.99 at 11.38 am on Nasdaq. Just 1,277 of the US firm’s electric cars were registered in Europe’s…

With the Nifty rejig about to take place in March, Zomato shares could see an inflow of $702 million if the company is included in the index, states a report by domestic brokerage firm JM Financial. Zomato’s potential inclusion is expected to bring a significant inflow of funds, estimated at $702 million, which could drive…

Foreign investors pumped in nearly Rs 809 crore in the equity cash market on Tuesday, which is the first time FII flows have been positive in just over a month. StockEdge data shows that FIIs have been net buyers last on January 2. Indian markets have been facing brutal wrath of foreign investors, as they…

The cryptocurrency market remained highly volatile as Bitcoin experienced another sharp price swing. On Monday, Bitcoin dropped below $92,000 after US President Donald Trump announced plans to impose significant tariffs on imports from Canada, Mexico, and China, triggering panic among investors. However, Bitcoin rebounded on Tuesday after the US halted planned tariffs on Canada and…

US-based entity Danny Gaekwad Developments & Investments on Monday urged capital market regulator Sebi to reconsider its proposal for a competing open offer proposal for Religare Enterprises Ltd (REL). In a regulatory filing, REL posted a letter written by Danny Gaekwad Developments & Investments addressed to Sebi Chairperson, requesting for grant of exemption from strict…

Shares of Tata Motors tumbled as much as 2.8% on Monday to Rs 686.05 on the BSE after the automaker reported a 7% year-on-year decline in total vehicle sales for January 2025. Tata Motors registered total vehicle sales of 80,304 units in January 2025, compared to 86,125 units in January 2024. The company noted that…

The Union Budget for 2025-26 marks a significant step forward in revitalizing India’s consumption-led growth, addressing both immediate economic needs and long-term structural challenges. While it outlines several measures for the agriculture sector, the key highlight is the tax reforms designed to increase disposable income for the significant middle class of the country. This reform…

India’s demographic dividend has given a lot of hope for the future of the economy. With more than 65% of the population under the age of 35, we have one of the largest youth populations in the world. But it’s time for a reality check. This dividend is fast dwindling. Some projections indicate that the…

Zomato is at a price-to-earning multiple (PE) of 127, Tata Motors at a PE of 41 and HDFC bank at 19. Imagine what would be the price of HDFC Bank today if it was quoting at a PE of 127. Now, don’t get surprised that among the three stocks, HDFC Bank, despite being the best…

In a significant move for the insurance sector, Finance Minister Nirmala Sitharaman announced an increase in the foreign direct investment (FDI) limit from the current 74% to 100%. Shares of HDFC Life, SBI Life, ICICI Prudential Life, and Star Health rose by over 3% in response to the news. Meanwhile, LIC, Go Digit Insurance, and…

Apple shares rose 2% on Friday after a rosy forecast fuelled hopes of an iPhone sales rebound, even as tough competition and a lack of AI features weigh on demand in key market China. Already the world’s most valuable company, Apple is set to add more than $81 billion to its market value of $3.573…

Arvind Sanger of Geosphere Capital Management, says the government needs to be a little bold as the economy is struggling. The government is going to open the floodgates and start spending money on infrastructure again. We need to see a more meaningful consumer and private sector-led recovery in the economy with maybe the government doing…

The Reserve Bank of India (RBI) began its first leg of liquidity infusion with an open market operation (OMO) purchase of Rs 20,000 crore, involving a mix of both liquid and illiquid bonds from financial institutions while managing market sentiments, bond dealers said. The RBI received bids worth Rs 1,20,626 crore and accepted Rs 20,020…

Mutual funds reduced their holdings in several mid-cap stocks during Q3 FY25, including Voltas, Mphasis, and Oberoi Realty. The shareholding reductions ranged from 0.9% to 3%.

Capital markets regulator Sebi will auction 26 properties of HBN Diaries & Allied Ltd for a reserve price of Rs 83 crore in February. The move is part of the markets watchdog’s effort to recover money raised by HBN Dairies & Allied through illicit collective investment schemes. The order came after the Supreme Court in…

Shares of Netweb Technologies India surged as much as 10% on Wednesday to Rs 1,606.35 on the BSE, rebounding after a steep selloff earlier this week that was triggered by concerns over China’s DeepSeek AI platform disrupting the high-end computing market. The rally came as the company reassured investors that DeepSeek’s emergence would drive broader…

Dr Agarwal’s Health Care has garnered around Rs 875 crore from anchor investors ahead of its IPO, which opens for public subscription on January 29. The company informed the bourses that it allocated 2.17 crore shares at Rs 402 apiece, which is the upper price band. Foreign and domestic institutions who participated in the anchor…

The shares of Suzlon Energy tumbled 4.76% to a low of Rs 47.80 on the BSE on January 28, ahead of the company’s third-quarter results for the financial year 2025. Earlier this month, the company informed the stock exchanges via an exchange filing that it would declare its results for the three and nine months…

US-based investment firm Capital Group, London-based hedge fund Marshall Wace, and BlackRock, the world’s largest asset manager, emerged as key investors in the recently concluded qualified institutional placement (QIP) of mortgage lender Sammaan Capital, bankers involved in the transaction told ET. The Mumbai-based housing finance company, formerly known as Indiabulls Housing Finance, successfully raised $150…

Next week will provide clarity on market direction, with key events like the budget and F&O expiry. Despite volatility, there are opportunities in various sectors like banks, aviation, FMCG, and large-caps. Focus on stock fundamentals to navigate the market.

The Indian market ended in the red on Friday, reversing early gains as concerns over a potential slowdown in corporate earnings overshadowed optimism about lower U.S. interest rates and declining oil prices. The downturn was primarily driven by a sell-off in pharma, real estate, and auto stocks. The benchmark BSE Sensex lost 329.92 points or…

A sell-on-rally trend drove market declines this week, with realty stocks suffering the most amid fading rate-cut hopes, weak data, and a disappointing PMI. Countering this negative sentiment, in-line IT results and nascent recovery in discretionary spending offered some support. While the broader market faces headwinds, large-cap resilience provides a positive counterpoint. The Indian market…

Kolkata: IDFC First Bank on Saturday reported a 53% year-on-year fall in net profit for the third quarter, on account of higher provisions to cover stressed loans. The net profit was Rs 339 crore for the quarter against Rs 716 crore in the year ago period. The bank attributed the fall in profit to the…

Dorf-Ketal Chemicals India Limited, an R&D and innovation-focused global manufacturer and supplier of specialty chemicals, has filed its Draft Red Herring Prospectus (DRHP) with market regulator Securities and Exchange Board of India (SEBI). The company is a manufacturer and supplier of specialty chemicals across the hydrocarbons and industrial supply chains, including the oil and gas,…

India’s largest airline IndiGo reported a profit of Rs 2,499 crore in October-December period- 18 % lower than Rs 2,998 crore during the corresponding period last year as a depreciating rupee played spoilsport in an otherwise strong quarter. Excluding the impact of currency fluctuation the company reported a profit of Rs 3,850 crore, 26% higher…

Shares of Tejas Networks tumbled as much as 9.4% on Friday to Rs 994.05 on the BSE, following a sharp decline in the telecommunications equipment maker’s order book and a significant increase in inventory levels for the third quarter of fiscal year 2025. The Tata Group-owned telecommunications equipment maker reported an order book of Rs…

Puma lost more than a fifth of its market value on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a drop in annual profit, raising questions about its ability to compete with bigger rivals Adidas and Nike. The poor results late on Wednesday came after Adidas reported strong sales and…

A short buildup occurs when open interest and trading volumes rise, accompanied by a decrease in the stock price in the Futures and Options segment. This suggests that traders are anticipating further price declines and are establishing short positions. In Thursday’s, January 23, trading session, five stocks saw notable short positions. Here’s the list:

Shareholders of Gokaldas Exports voted against four special resolutions related to the company’s employee stock ownership plans (ESOPs), including a proposal to grant ESOPs exceeding 1% of equity to its managing director and vice chairperson, Sivaramakrishnan Ganapathi. Although 63% of participating shareholders supported the resolutions, 37% voted against them. As these were special resolutions, they…

NEW DELHI: Fertilisers stocks were trading lower on Wednesday at 10:56AM Sikko Industries Ltd.(up 5.50%), Paradeep Phosphates Ltd.(up 3.13%), Mangalore Chemicals & Fertilizers Ltd.(up 2.07%), Nagarjuna Fertilizers and Chemicals Ltd.(up 1.36%), Gujarat State Fertilizer & Chemicals Ltd.(up 1.30%) and Chambal Fertilisers & Chemicals Ltd.(up 0.42%) were among the top gainers. Madras Fertilizers Ltd.(down 2.74%), National…

Essar Oil and Gas Exploration & Production Ltd. (EOGEPL) has held initial talks to raise $275 million through overseas bonds, marking its first fundraising initiative since undergoing a debt restructuring, according to people familiar with the matter. “The company has held talks with a couple of global banks to assess their interest for a possible…

NEW DELHI: Shares of Reliance Naval & Engg, KRN Heat Exchanger, Atlas Cycles, Super Spinning and Shree Global, hit their fresh 52-week highs at 11:09AM(IST)on NSE. Benchmark NSE Nifty index fell 191.21 points to 23153.55 amid selling in frontline bluechip stocks. However, stocks such as Jai Balaji Inds, Noida Toll Bridge Co, Strides Shasun, Mahalaxmi…

J&K Bank on Monday reported a 26% year-on-year rise in net profit Rs 532 crore for the December 2024 quarter as compared with Rs 421 crore in the year ago period. The bank’s net interest margin for the quarter stood at 4.04%, up 14 basis points quarter-on-quarter. Operating profit was 36% higher at Rs 748…

NEW DELHI: Mining stocks were trading higher on Monday at 11:22AM Ashapura Minechem Ltd.(up 4.07%), Aro Granite Industries Ltd.(up 1.80%), NMDC Ltd.(up 1.64%), Sandur Manganese & Iron Ores Ltd.(up 1.42%), Madhav Marbles & Granites Ltd.(up 0.84%), Oriental Trimex Ltd.(up 0.50%), Lexus Granito(India)Ltd.(up 0.47%) and The Orissa Minerals Development Company Ltd.(up 0.27%) were among the top…

State-owned Punjab and Sind Bank plans to raise Rs 2,000 crore through Qualified Institutional Placement (QIP) during the ongoing quarter, a top official of the bank said. The bank has already appointed merchant bankers and legal advisers for the proposed QIP, Punjab & Sind Bank managing director and CEO Swarup Kumar Saha told PTI. “With…

In the labyrinth of India’s financial markets, a disturbing truth lurks beneath the surface of wealth management: two out of three investment portfolios are significantly underperforming their benchmarks. This isn’t just a statistic – it represents countless dreams deferred and retirement plans compromised. As someone who has spent 20 years analyzing investment patterns and building…

Vinir Engineering Ltd, an integrated engineering solutions company, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch an Initial Public Offering (IPO). The IPO comprises an offer-for-sale (OFS) of up to 53.3 million equity shares with a face value of Rs 2 each. The OFS…

Oil prices settled lower on Friday but notched their fourth straight weekly gain, as the latest U.S. sanctions on Russian energy trade added to worries about oil supply disruptions. Brent crude futures dipped 50 cents, or 0.6%, at $80.79 per barrel, but gained 1.3% this week. U.S. West Texas Intermediate crude futures lost 80 cents,…

The price of bitcoin topped $100,000 again early Friday as a pumped up cryptocurrency industry expects early action by Donald Trump when he’s sworn in as president next week. Once a skeptic who said a few years ago that bitcoin ” seems like a scam,” Trump has embraced digital currencies with a convert’s zeal. He’s…

Shares of GAIL (India) Ltd. 0.6 per cent to Rs 181.65 in Friday’s trade as of 10:45AM (IST). The stock hit a high price of Rs 182.80 and low of Rs 179.50 during the session. The return on equity (ROE) for the stock stood at 12.85 per cent. Traded volume on the counter stood at…

Welcome to a brand-new episode of ET Market Watch! Your daily dose of market updates, stock movements, trends & more. This is your host Neha V Mahajan, Let’s dive into it 1. – Sensex gained 318.74 points, closed at 77,042.82. – Nifty 50 rose 98.60 points and ended at 23,311 2. Key Sector Movers: –…

Shares of Azad Engineering surged as much as 9.5% on Thursday to Rs 1,732.55 on the BSE after the company secured a Rs 960 crore supply deal with GE Vernova International LLC, USA, to deliver complex rotating and stationary airfoils for advanced gas turbine engines. The long-term supply agreement, valued at $112 million (approximately Rs…

The central bank Wednesday prioritized liquidity infusion into the banking system by announcing daily variable rate repo (VRR) operations, which would accompany the up to $3-billion worth of dollar-rupee buy-sell swaps conducted since Friday, as Mint Road seeks to restrain short-term interest rates that otherwise threaten to dislocate India’s money markets. The first such VRR…

Shares of Indian Oil Corporation Ltd. traded 1.45 per cent up at Rs 128.60 at around 10:50AM (IST) on Wednesday. The stock had closed at Rs 126.75 in the previous session. Equity benchmark Sensex traded 479.67 points at 76979.3 around the same time. The scrip has 6.57 per cent in the last one year till…

Indian manufacturing and logistics firm Zetwerk Pvt has picked banks for a potential Mumbai initial public offering that could raise at least $500 million, according to people familiar with the matter. The Bengaluru-based company has selected Axis Capital Ltd., Goldman Sachs Group Inc., Jefferies Financial Group Inc., JM Financial Ltd., JPMorgan Chase & Co. and…

Shares of REC Ltd. 3.85 per cent to Rs 463.55 in Tuesday’s session as of 10:40AM (IST) even as the equity benchmark Sensex traded 311.75 points at 76641.76. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 653.90 and a 52-week…

The December quarter performance of HCL Technologies (HCL Tech) beat the analyst expectation in terms of rupee denominated net profit and margin improvement though the dollar revenue growth was marginally below the estimates. The country’s third largest software exporter revised the lower end of the FY25 revenue growth guidance to 4.5% from earlier 3.5%, implying…

Shares of Aditya Birla Capital climbed 3.5% on Monday to Rs 173.45 on the BSE after brokerage firm Morgan Stanley upgraded the rating on the stock to ‘overweight’ from ‘equal weight’ at a target price of Rs 247 per share, which implies a potential upside of over 42% from the stock’s current levels. Aditya Birla…

Kolkata-based conglomerate ITC Ltd. has allotted 125.11 crore equity shares of ITC Hotels to its shareholders. The decision was finalized during a Board meeting on January 11, 2025, following a scheme of arrangement between ITC Ltd. and ITC Hotels (ITCHL). In an exchange filing, ITC stated, “The Board of Directors of ITCHL, at the meeting…

With the Q3 earnings season already underway, major companies like TCS, IREDA, Tata Elxsi, and Just Dial announced their results last week. This week, several prominent names including HCL Technologies, Infosys, HDFC Life Insurance, Axis Bank, Reliance Industries (RIL), Indian Hotels, Jio Financial Services, SBI Life Insurance, Wipro, and Kotak Mahindra Bank are set to…

After serving Avenue Supermarts for over two decades, one of India’s richest CEOs Neville Noronha has decided to not renew his candidature at the parent company of DMart chain of retail stores. His term in the company ends in January 2026, a year from now, after which Unilever’s Anshul Asawa will fill in his shoes….

“On the higher side, 23,750 is the key area. Until and unless Nifty not crosses those level, there would not be any confidence on any kind of minor pullback. So, 23,750 needs to cross on a weekly closing basis, then only we may see some again interest on the buying side,” says Rajesh Palviya, Axis…

Mudrex, a global crypto investment platform, is celebrating its 7th anniversary on January 10 with the announcement of a fee-free trading day on January 12, 2025, for all coins. This special gesture comes as the platform celebrates a year of extraordinary growth, including a 200% increase in its user base, which now exceeds 3 million,…

A total of 20,345 shares changed hands on the counter till 10:30AM (IST).

Gold prices rose to a near four-week high on Thursday, supported by safe-haven demand, while investors weighed how U.S. President-elect Donald Trump’s policies would impact the economy and inflation. Spot gold was up 0.3% at $2,670.16 per ounce, as of 10:55 a.m. ET (1555 GMT). U.S. gold futures rose 0.6% to $2,689.50. “Safe-haven demand is…

Shares of Godrej Consumer Products Ltd. traded 2.3 per cent at Rs 1183.35 at 10:20AM (IST) on Thursday, even as BSE benchmark Sensex 136.55 points to 78011.94. The stock had settled at Rs 1156.65 in the previous session. The stock quoted a 52-week high price of Rs 1541.30 and 52-week low of Rs 1055.60, respectively….

Markets regulator Sebi on Wednesday said it has issued guidelines on the regulatory framework for research analysts and investment advisers to bolster investor protection and ensure transparency. These guidelines came after the regulator notified the research analyst (RA) rules and investment adviser (IA) norms in December last year. The new norms encompass qualification standards, fee…

Shares of the PI Industries Ltd. traded at Rs 3619.10 on BSE at 10:30AM (IST) on Wednesday, 0.68 per cent from previous close. The scrip quoted a 52-week low price of Rs 3060.00 and a high of Rs 4801.40. Earlier, the stock saw a gap up opening in the morning. A total of 1,761 lakh…

The National Stock Exchange of India (NSE) on Tuesday, January 7 announced the addition of six securities in the Futures & Options (F&O) with effect from January 31, 2025. The stocks that will be included are Castrol India, Gland Pharma, NBCC, Phoenix, Solar Industries India and Torrent Power. The inclusions are based on the stock…

The share price of GAIL (India) Ltd. 1.51 per cent to Rs 187.35 at 10:05AM (IST) in Tuesday’s trade. The counter has hit a high of Rs 189.25 and low of Rs 185.45 so far during the session. The stock had closed at Rs 184.55 in the previous session. The counter has had a total…

India’s benchmark indices ended in red on Monday as widespread selling in banks and consumer firms and across key sectors dragged the markets down. Investor sentiment turned cautious after the government confirmed two cases of Human Metapneumovirus (HMPV) in Karnataka and one in Gujarat, amid concerns over a virus outbreak in China. The benchmark BSE…

NEW DELHI: Mining stocks were trading lower on Monday at 10:19AM KIOCL Ltd.(up 12.22%), Oriental Trimex Ltd.(up 0.92%) and Pokarna Ltd.(up 0.63%) were among the top gainers. 20 Microns Ltd.(down 2.51%), Gujarat Mineral Development Corporation Ltd.(down 1.98%), Madhav Marbles & Granites Ltd.(down 1.85%), NMDC Ltd.(down 1.57%), Sandur Manganese & Iron Ores Ltd.(down 1.54%), MOIL Ltd.(down…

India’s benchmark indices ended lower on Friday, marking their first decline in 2025 after gains in the year’s initial two sessions. The retreat was driven by losses in heavyweight financial and IT stocks, as investors turned cautious ahead of the corporate earnings season set to kick off next week. The benchmark BSE Sensex lost 720.60…

Spot gold traded between $2595 (December 30) and $2665 (January 3) in the week ended January 3. The metal gained upward traction on new year fund inflows and concerns about the Chinese economy as China’s manufacturing PMI disappointed. It peaked at $2665 on better-than-expected US ISM manufacturing PMI. The metal closed with a loss of…

Private sector lender Bandhan Bank on Saturday said its loans and advances grew by 15% year-on-year (YoY) to Rs 133,285 crore as of the quarter ended December 2024, compared to Rs 115,940 crore at the end of the same quarter last fiscal. Quarter-on-quarter (QoQ), loans and advances rose 2% from Rs 130,649 crore as of…

Zepto is in advanced discussions to file draft documents by March-April for an initial public offering, as the quick-commerce firm has now secured Singapore’s approval to move its holding entity to India, people aware of the plan said. The company is aiming to file its draft red herring prospectus by March, ideally, but that may…

Capital Infra Trust, an infrastructure investment trust sponsored by Gawar Construction Ltd, on Friday said it has fixed a price band of Rs 99-100 per unit for its Rs 1,578-crore initial public offering (IPO). The IPO that opens for public subscription on January 7, will conclude on January 9, the company said in a statement….

Shares of Avenue Supermarts Ltd. 12.93 per cent to Rs 4085.70 in Friday’s trade as of 10:00AM (IST). The stock hit a high price of Rs 4160.40 and low of Rs 3790.00 during the session. The return on equity (ROE) for the stock stood at 13.59 per cent. Traded volume on the counter stood at…

State-run MOIL achieved its best ever Q3 and 9 months’ performance in the quarter ended December 31, 2024, the company said in an update on Thursday. The mining company recorded its highest ever Q3 production of manganese ore at 4.6 lakh tonnes along with best ever Q3 sales of 3.88 lakh tonnes which was higher…

Motilal Oswal Financial Services has a buy call on KEI Industries with a target price of Rs 5150. The current market price of KEI Industries Ltd. is Rs 4443. KEI Industries, incorporated in 1992, is a Mid Cap company with a market cap of Rs 42319.77 crore, operating in the Cables sector. KEI Industries’ key…

Standard Glass Lining Technology Ltd on Wednesday said it has fixed a price band at Rs 133-140 per equity share for its Rs 410.05 crore initial public offering (IPO) that opens for public subscription on January 6. The public issue of Standard Glass Lining Technology is set to become the first mainboard IPO of 2025….

Shares of Max Healthcare Institute Ltd. rose 1.18 per cent to Rs 1142.00 in Wednesday’s trade. It hit an intraday high of Rs 1145.50 and low of Rs 1125.90, respectively, during the day. The stock quoted a 52-week high price of Rs 1215.00 and low of Rs 669.65. As of 10:00AM (IST), the counter saw…

The Indian market ended 2024 with an annual return of about 8%, with Sensex and Nifty sustaining their winning streaks for the ninth consecutive year in a row. On Tuesday-– the last trading day of the year, Sensex slipped 109 points, while Nifty ended largely unchanged amid persistent foreign fund outflows. Selling in heavyweight IT…

ICICI Securities has a hold call on Star Cement with a target price of Rs 227. The current market price of Star Cement is Rs 231.55. Star Cement, incorporated in 2001, is a Mid Cap company with a market cap of Rs 9441.25 crore, operating in Cement sector. Star Cement’s key products/revenue segments include Cement,…

Refrigeration sealing solutions firm Ajay Poly has filed its draft red herring prospectus with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The initial public offer is a mix of fresh issue of shares of up to Rs 238 crore and an offer-for-sale (OFS) of up to 93 lakh equity…

Gold February futures contracts at MCX opened slightly higher on Monday at Rs 76,727 per 10 gram, which is up by 0.24% or Rs 183 while silver March futures contracts were trading at Rs 88,967/kg, up by 0.09% or Rs 80. Gold prices fell by Rs 400/10 grams in the month of December so far…

Indian benchmark equity indices closed higher on Friday, led by auto stocks after previous week’s sharp drop made valuations relatively more attractive. The Nifty 50 rose 0.27% to end at 23,813 on the day, while the BSE Sensex added 0.29% to 78,699. Both benchmarks gained about 1% each this week, after a 5% slide last…

Amid limited cues and shallow volumes in a holiday season, the stock market saw range-bound action but Sensex and Nifty managed to end 1% higher despite persistent selling by FIIs. “Persistent concerns over FII outflows and the depreciating rupee, along with potential adverse tariffs and reduced expectations for rate cuts in 2025, contributed to the…

Seshaasai Technologies, a technology-driven multi-location solutions provider, has filed its draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI), to raise funds via an Initial Public Offering (IPO). The issue is proposed to be a mix of fresh issue of equity shares of up to Rs 600 crore…

The rupee Friday saw its steepest intraday decline since March 2023 to 85.80 per US dollar before erasing some losses to close at another all-time low of 85.53/$1. The local unit, which hit fresh lows on 8 straight trading days, retreated on domestic factors amid what some analysts described as its estimated ‘overvaluation’ relative to…

On Friday, the benchmark Sensex closed higher, gaining approximately 227 points to end at 78,699. During this rally, five stocks from the BSE Smallcap Index reached their 52-week highs. A 52-week high represents the highest price a stock has attained over the past year, offering important insights for traders and investors. This metric is crucial…

Bajaj Broking has a buy call on Laurus Labs with a target price of Rs 710. The current market price of Laurus Labs is Rs 565.4. The time period given by the analyst is a year when Laurus Labs price can reach defined target. Laurus Labs, incorporated in 2005, is a Mid Cap company with…

Indian benchmark indices ended flat on the monthly expiry day today (Thursday, December 26) amid a range bound trade. The weakness was on account of corrections in FMCG and bank stocks though auto and pharma stocks salvaged some pride. While the S&P BSE Sensex settled at 78,472.48, down by 0.39 points, the broader Nifty closed…

Shares of the recently-listed company Ola Electric Mobility jumped up to 6% to day’s high of Rs 99.9 on Thursday after announcing that it has opened over 3,200 new stores co-located with service centres, making it India’s largest EV expansion at one go. India’s largest pure-play EV company said it now has 4,000 stores nationwide…

The Indian market was closed on Wednesday, December 25 on account of the Christmas holiday, while on Tuesday, Indian benchmark indices ended marginally lower, as losses in heavyweight financial and IT stocks offset gains in consumer and auto stocks. With the holiday-truncated week lacking major triggers, analysts expect range bound moves for the benchmark indices…

Since last Christmas, the benchmark Sensex has gained about 10%, while the smallcap index has climbed by 6%. ETMarket’s analysis revealed that around 88 smallcap stocks have become multibaggers during this time. We have highlighted eight of these stocks that have boosted investors’ wealth by over 250%. (Data Source: ACE Equity)

Welcome to a brand-new episode of ET Market Watch! Your daily dose of market updates, stock movements, trends & more. This is your host Neha V Mahajan, Let’s dive into it Top Highlights: Domestic Markets:Benchmark indices closed marginally lower due to declines in financial and IT stocks.Sensex: -67.30 points (-0.09%) at 78,472.87Nifty 50: -25.80 points…

On December 23, three stocks from the Nifty50 pack appeared in the RSI Trending Up scan, according to the stockedge.com data. It is an uptrend signal if the RSI value has crossed above 50 from below. “RSI trending up” means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price…

State-run lender Punjab National Bank (PNB) on Monday informed the exchanges about issuing and allotting bonds worth Rs 3,000 crore. The Basel Ill Compliant Tier-II Bonds were allotted to 14 allottees at a coupon of 7.43% per annum. The bonds are unsecured, subordinated, non-convertible, fully paid-up, redeemable and taxable, the company filing said. PNB informed…

Aurobindo Pharma shares are likely to be in focus on Monday after its wholly owned step-down subsidiary CuraTeQ Biologics received approval from the UK’s Medicines and Healthcare products Regulatory Agency (MHRA) for Bevgolva, a biosimilar version of bevacizumab, which is used to treat multiple cancers, including metastatic colorectal cancer. Bevgolva, a 25 mg/mL concentrate for…

Why the interest coverage ratio matters A high ICR suggests that a company is generating enough earnings to comfortably meet its interest obligations, indicating strong financial health and lower risk of default. A low ICR can signal financial strain, as the company may struggle to pay interest, potentially leading to higher financial risk.

2024 has been a landmark year for the yellow metal, with Comex gold soaring over 40% from its yearly lows while MCX gold mirroring this trend and climbing by more than 25% year-to-date, driven by strong physical demand, Kaynat Chainwala, AVP-Commodity Research at Kotak Securities. While President-elect Donald Trump’s tariff and tax cut policies remain…

ET Now: But tell us, is it a big worry given the kind of levels we are seeing now? What levels are we vulnerable to at this stage?Rajesh Palviya: The 200-day moving average is closely followed by most traders and investors. Breaking this level for the second time in a one-month timeframe adds to the…

The U.S. dollar pulled back from a two-year high on Friday, but was heading for its third-straight week of gains, with data showing a slowdown in inflation two days after the Federal Reserve cut interest rates and indicated inflation was stubborn enough to scale back cuts in 2025. The dollar was down 0.72% against a…

The National Stock Exchange (NSE) on Friday implemented stricter eligibility criteria for SME companies willing to get listed on its NSE Emerge platform a day after market regulator Securities and Exchange Board of India (Sebi) came out with tighter SME IPO rules. “SMEs desirous of listing its securities on NSE Emerge are required to fulfil…

Japan’s Nikkei share average on Friday was headed for its worst week since early November despite the tailwind of a weaker yen, as weakness on Wall Street and caution ahead of major central bank policy decisions weighed. The Nikkei rose 0.2% to 38,889.95 at the midday recess, but was set to end the week about…

The Indian market ended in red on Thursday, tracking heavy selling in global equities after the U.S. Federal Reserve signalled fewer interest rate cuts in 2025, souring risk appetite and fanning fears of further outflows, particularly from foreign investors. The benchmark BSE Sensex lost 964.15 points or 1.20% to settle at 79,218.05, while the broader…

Shares of Lupin will remain in focus on Thursday after the drugmaker received approval from the US Food and Drug Administration (FDA) for its abbreviated new drug application (ANDA) for HIV tablets emtricitabine and tenofovir alafenamide tablets, 200 mg/25 mg. “We wish to confirm that the Company has received approval from the United States Food…

The Indian market ended in red on Wednesday, ahead of Nifty’s Thursday weekly expiry and as caution prevailed ahead of the U.S. Federal Reserve interest rate decision. Selling in heavyweight lenders HDFC Bank and ICICI Bank weighed on the benchmarks. The benchmark BSE Sensex lost 502.25 points or 0.62% to settle at 80,182.20, while the…

“International Investing provides a natural hedge against the possibility of sharp depreciation in domestic currency; however, it is not the sole parameter for considering international investment,” says Nishant Agarwal, Senior Managing Partner at ASK Private Wealth. In an interview with ETMarkets, Nishant said: “Even if domestic currency experiences appreciation over a period of time because…

The Indian market ended sharply in red on Tuesday, as investors treaded cautiously ahead of the U.S. Federal Reserve interest rate decision to look out for cues about the future rate cut path. Selling in heavyweight financials like HDFC Bank and ICICI Bank, along with declines in blue-chip stocks like Reliance Industries and Bharti Airtel…

“We believe 2025 would continue to be volatile and geo-political risks continue to be the top concern for most investors. As such, investors should focus for the long term when diversifying into overseas assets,” says Suresh Soni, CEO Baroda BNP Paribas Mutual Fund. In an interview with ETMarkets, Soni said: “We also think that US…