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Markets / The Economic Times

These 8 penny stocks surged upto 80% in a week

ETMarkets highlights 8 penny stocks showcasing share price growth ranging from 15-80% throughout the week. Our selection criteria prioritized stocks with a market capitalization below Rs 1000 crore and a share price under Rs 20.

19 May 2024 3:33 pm
FPIs aggressively selling India stocks, offloaded over Rs 28,000 crore with 10 days to go in May

The selling spree in Indian stock markets by foreign portfolio investors (FPIs) turned aggressive in May, partly attributable to a strong US dollar, sticky inflation particularly in the food segment, and poll outcome-related anxieties.

19 May 2024 3:15 pm
5 Indian stocks matching Peter Lynch's investing style with strong fundamentals & growth potential

Peter Lynch is commonly linked with the PEG ratio, which compares PE ratios to growth rates. MarketSmith has developed a specialized screening tool inspired by Lynch's investment approach. 5 Indian stocks matching Peter Lynch's investing style.

19 May 2024 1:40 pm
Two mutual fund NFOs to open for subscription this week

Two NFOs are going to open for subscription this week, according to ACE MF data. Kotak NIFTY 100 Low Volatility 30 Index Fund's NFO will open on May 22 and Aditya Birla SL CRISIL IBX Gilt June 2027 Index Fund's NFO will open on May 22 as well.

19 May 2024 12:57 pm
HAL, Balkrishna Industries among 5 stocks with long buildup

In Saturday's trading session, five stocks experienced a buildup of fresh long positions, denoting a bullish trend.

19 May 2024 12:32 pm
Manappuram Finance, LIC Housing Finance among 5 stocks with short buildup

In Saturday's trading session, five stocks witnessed a build of fresh short positions. Here's a look at them.

19 May 2024 12:11 pm
RIL and Infosys among top 10 stock holdings of Kotak Mutual Fund

Kotak Mutual Fund manages 130 mutual fund schemes. A look at the top 10 stock holdings of the fund house, according to a report by Motilal Oswal Financial Services.

19 May 2024 11:30 am
Vedanta among 7 companies which declared dividends this week

A list of 7 companies that announced dividend last week. The list includes, Bharti Airtel , DLF, M&M, Vedanta among others.

19 May 2024 10:56 am
Corporate actions this week: SBI, Tata Consumer Products to go ex-dividend, Bharat Dynamics ex-split & more

This week, SBI, Colgate-Palmolive (India), Oberoi Realty, Tata Consumer Products, and Sula Vineyard will go ex-dividend. Bharat Dynamics and Som Distilleries Breweries & Wineries will undergo a stock split, with other companies also set for corporate actions such as bonus issues and rights issues. On May 24, Tata Consumer Products (Rs 7.75/share), and Vedanta (Rs 11/share) will trade ex-dividend.

19 May 2024 10:19 am
Industrials & Consumer Durables deliver biggest gains in Q4. Heres how other sectors performed

Nifty500 has surged 37% and Sensex 20% in the past one year. Here's a look at the sectors with the biggest gains in the past quarter. Industrials sector was the biggest gainer, followed by consumer durables and metals and mining.

19 May 2024 10:05 am
Big Funds bet the anything but bonds trade is poised to end

US bond investors increase positions in long-dated high-grade corporate bonds, expecting gains from future interest rate cuts. Market attention is on upcoming bond sales and key economic data releases globally. The anything but bonds trade may now have run its course and long-duration debt is set for a comeback in the second half.

19 May 2024 9:17 am
Adani Enterprises, ONGC among 13 stocks on which Jefferies initiated coverage this year

Jefferies has started covering 13 Indian stocks in 2024 up to now. This has expanded its total coverage to 188 stocks, which account for a combined market capitalization of US$3.4 trillion, representing 70% of India's listed market. The majority of the 13 covered stocks have shown strong performance compared to the benchmark index.

19 May 2024 9:16 am
No royalty hike for parent as Nestle India shareholders turn down proposal

Majority of Nestle India shareholders have rejected a proposal to increase royalty payout to Swiss parent Nestle SA. A total of 57.18% shareholders voted against the proposal, including 70.8% public shareholders. The board approved a 5-year royalty increase from 4.5% to 5.25% of net sales. Proposal included Maggi instant noodles and Nescafe instant coffee.

18 May 2024 11:44 pm
over 28 stock ideas from prabhudas if bjp wins 300-325 seats in lok sabha elections

Here a list of sectors along with the sectoral top picks that will have a positive impact on NDAs return, as suggested by Prabhudas Lilladher:

18 May 2024 1:30 pm
Nestle India shares jump 3% as shareholders reject royalty hike

The jump in stock price happened after the MNC's shareholders turned down a proposal to increase royalty payments to Swiss parent Nestle. Results of a remote e-voting by shareholders show that 57.18% of the votes were cast against the proposal for increasing royalty from 4.5% to 5.25%.

18 May 2024 12:33 pm
Adam Smith's investment mantra: Prioritize profit while dodging pitfalls

From his years of experience, Goodman made several observations about the market in his book The Money Game. Here are some of them which are still relevant for modern-day investors.

18 May 2024 12:08 pm
PPFAS Mutual Fund: ITC, Power Grid, and Coal India among top 10 stock holdings in April

Here are the top 10 stock holdings of the fund house, according to the report by Motilal Oswal Mutual Fund.

18 May 2024 10:46 am
5 trading strategies to navigate market volatility this election season

Increased uncertainty during elections can lead to higher market volatility. Options trading strategies like straddles or strangles can be effective in profiting from price swings or hedging against unexpected market moves.

18 May 2024 10:38 am
IPO calendar next week: 2 new issues, 8 listings to keep primary market vibrant even amid elections

Apart from the new issues, D-Street will see as many as 8 listings including that of the Go Digit General Insurance, which opened for subscription in the week gone by and generated significant enthusiasm among investors, reflecting the broader positive market sentiment.

18 May 2024 9:38 am
These 3 stocks crossed below VWAP on May 17

When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which it was traded throughout the day

18 May 2024 9:22 am
Strong FII flows may come back into India post elections: Ashi Anand

If you just go over the last six months, one year, two years, three, five, it is very consistent that India and the US, these are the only two parts of the world which actually have growth and you have momentum in the markets.

18 May 2024 9:19 am
Positive Breakout: Trident and 6 other stocks cross above their 200 DMA

As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

18 May 2024 8:59 am
At multi-year highs: These 6 stocks witness 5-year swing high breakout

A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.

18 May 2024 8:50 am
T-Minus 60: RBI fires liquidity booster

The Reserve Bank of India (RBI) has responded to tight liquidity conditions in the banking system by announcing a significant reduction in the government's treasury bill sales and introducing a new selection of bonds for the Centre's buyback operations. This move aims to alleviate cash constraints for banks, which have been exacerbated by muted government spending during the ongoing general elections. By reducing the supply of treasury bills and offering bonds for repurchase at acceptable prices

18 May 2024 5:00 am
TV Today Network Q4 Results: Net profit jumps nearly 2-fold to Rs 11.46 crore

The company had posted a consolidated net profit of Rs 5.85 crore in the year-ago period, TV Today Network said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 252.79 crore against Rs 217.14 crore in the corresponding period a year ago.

17 May 2024 11:27 pm
Need to think about capital markets reforms 2.0 to meet needs of growing economy: CEA

Chief Economic Adviser V Anantha Nageswaran called for capital market reforms 2.0 at the CII Annual Business Summit, emphasizing India's upcoming inclusion in JP Morgan and Bloomberg bond indices and the importance of managing foreign flows.

17 May 2024 10:35 pm
Medanta Q4 Results: Net profit jumps 26% YoY to Rs 127.3 crore

Global Health (Medanta) reported 26% year-on-year (YoY) jump in net profit to Rs 127.3 crore in Q4FY24 due to increase in revenue growth from matured and new hospitals, along with higher patient volumes.

17 May 2024 9:34 pm
Ahead of Market: 10 things that will decide D-Street action on Saturday

Auto and metal stocks helped Indian benchmark equity indices on Friday log their best week since early February. The market would be open this Saturday as part of a disaster recovery exercise. MACD showed bullish trade on the counters of Bharat Rasayan, Lux Industries, Data Patterns, TeamLease Services. Tata Steel, Tata Motors, SBI, ONGC were the most traded stocks.

17 May 2024 9:28 pm
Market Trading Guide: IRFC, IRCTC among 4 stock recommendations for Saturday

Both the NSE Nifty 50 and S&P BSE Sensex gained about 2% this week their best since the week ended February 2. Twelve of the 13 major sectors logged weekly gains, rising between 0.5% and 6.6%.

17 May 2024 8:48 pm
Bandhan Bank Q4 Results: Net profit slumps 93% YoY to Rs 55 crore

Sharply higher provisioning dragged Bandhan Bank's March quarter net profit down by 93% at Rs 55 crore against Rs 808 crore in the year-ago period.

17 May 2024 8:34 pm
Trent, Bharat Electronics likely to replace LTI Mindtree and Divis Lab in Nifty: Nuvama

The possible changes would lead to an inflow of Rs 3,500 crore into Trent and Rs 3,000 crore into Bharat Electronics, the brokerage said.

17 May 2024 8:30 pm
Franklin Templeton MF adds Bharti Hexacom, Just Dial in April, exits Bharat Forge, Aditya Birla Fashion & Retail

Here is what Franklin Templeton Mutual Fund bought and sold from its portfolio in April.

17 May 2024 8:04 pm
LT Foods Q4 Results: Net profit rises 14% YoY on strong sales

LT Foods, owner of basmati rice brands 'Daawat' and 'Royal', on Friday posted a 14 per cent jump in consolidated net profit at Rs 150.24 crore for the fourth quarter of fiscal 2023-24 on robust sales. The company's profit stood at Rs 131.81 crore a year earlier.

17 May 2024 7:45 pm
Zydus Q4 Results: Net profit surges 4-fold to Rs 1,182 crore; revenue at Rs 5,534 cr

Zydus Lifesciences on Friday said its consolidated net profit surged four-fold to Rs 1,182 crore for the fourth quarter ended March 31, 2024 on higher sales. The drug firm had reported a net profit of Rs 297 crore in the January-March quarter of the 2022-23 fiscal.

17 May 2024 7:42 pm
Sobha Q4 Results: Net profit down 86% YoY to Rs 7 crore

Realty firm Sobha Ltd on Friday reported 86 per cent decline in consolidated net profit to Rs 7.02 crore for the quarter ended March 2024 on lower income. Its net profit stood at Rs 48.57 crore in the year-ago period.

17 May 2024 7:35 pm
Two multibagger stocks eyeing Nifty crown, one is Tata and another PSU

Nifty has 50 stocks which are selected based on a free-float m-cap weighted method, wherein the level of the index reflects the free-float m-cap of all stocks in the barometer. HDFC Bank has the highest weightage in Nifty at 11.48%, followed by RIL, ICICI Bank, Infosys, and L&T

17 May 2024 6:39 pm
These 4 realty stocks hit 52-week highs, rally up to 30% in a month

Hitting a 52-week high is important as it reflects a stock's peak value over the previous year, which carries significant implications for traders and investors.

17 May 2024 6:23 pm
Gainers & Losers: M&M, HAL among 6 stocks that hogged limelight Friday

Led by auto, banking and metal stocks, markets ended the day in green.

17 May 2024 5:34 pm
Stock market update: Nifty Bank index advances 0.29%

The Nifty Bank index closed 0.29 per cent up at 48115.65.

17 May 2024 5:26 pm
ICICI Prudential Mutual Fund Portfolio: RIL, ITC among top 10 stock holdings in April

ICICI Prudential Mutual Fund manages 253 mutual fund schemes.

17 May 2024 5:12 pm
HDFC Bank, Axis Bank among 5 stocks with top short covering

Short covering signals a shift in view on security from extreme bearishness to bullishness.

17 May 2024 5:01 pm
Stock market update: Nifty IT index falls 0.85%

The Nifty IT index closed 0.85 per cent down at 33381.85.

17 May 2024 4:45 pm
Bandhan Bank Q4 Results: Lender posts PAT at Rs 55 crore on higher provisions; NII at Rs 5,189 crore

The fall in profit after tax (PAT) could be attributed to higher provisions reported in Q4FY24 at Rs 1,774 crore compared to Rs 735 crore in Q4 FY23.

17 May 2024 4:42 pm
ZEEL Q4 Results: Company reports profit of Rs 13 crore versus loss YoY; revenue rises 3%

ZEEL Q4 Results: The company reported a loss of Rs 196 crore in the same quarter last year. The revenue from operations for the quarter stood at Rs 2,185 core against Rs 2,126 crore in the corresponding quarter of the previous year.

17 May 2024 4:42 pm
Stock market update: Nifty Auto index advances 1.74%

The Nifty Auto index closed 1.74 per cent up at 23285.65.

17 May 2024 4:35 pm
Identify themes ahead of the curve; current year could belong to telecom: Niket Shah, Motilal Oswal MF

Niket Shah of Motilal Oswal MF discusses investment themes like AI in Indian IT, re-rating opportunities in EV and medical devices, and triggers in the telecom sector such as 5G adoption and pricing strategies.

17 May 2024 4:34 pm
Stock market update: Nifty Realty index advances 1.67%

The Nifty Realty index closed 1.67 per cent up at 997.1.

17 May 2024 4:30 pm
Losing sleep over election results? 35 stocks to hedge portfolio from Prabhudas

Stating that consumption-led sectors will do better, irrespective of which government comes to power, Amnish Aggarwal gave out a list of 35 stocks like FMCG, auto, healthcare, IT services, banks, capital goods, commodities, consumer durables, and telecom.

17 May 2024 4:29 pm