Posts in category Economic Times
Angel One’s data breach dates back to April 2023, company clarifies (10-07-2024)
Angel One denies new data breach, clarifies leaked data from April 2023. Company assures customers of enhanced security measures including two-factor authentication. Client base grows significantly in June 2024. Personal information of 7.9 million customers leaked in previous breach.
Rekha Jhunjhunwala trims stake in CRISIL in June quarter, Ashish Kacholia raises in this smallcap (10-07-2024)
Kacholia on the other hand appears to have capitalised on the buy-on-dips opportunity. While its returns in 2024, so far have been negative 21%, on an annual basis they stand at 75%.
F&O stocks: Asian Paints, Manappuram Finance among 5 stocks with long buildup (10-07-2024)
In Wednesday’s trading session, the following five stocks witnessed a build of fresh long positions. Let us first understand how this conclusion is reached whether the stock has seen a buildup of fresh long position or not. When the stock prices move up and open interest on the counter also moves upward, it is taken as a sign of a long buildup. The signal is considered more reliable if the volume on the counter has also seen an increase.
F&O stocks: M&M, Hindustan Copper among 5 stocks with short buildup (10-07-2024)
Five stocks, including M&M, MCX, Hindustan Copper, NMDC, and National Aluminium, saw a rise in fresh short positions as their prices dropped.
Understanding Smart Contracts: The backbone of secure transactions in DeFi (10-07-2024)
This article explores DeFi and Ethereum-based smart contracts introduced by Nick Szabo, streamlining lending platforms, DEXs like Uniswap, and tokenized assets. Key features include atomic settlements and composability. Despite efficiencies, risks like the Poly Network hack necessitate security audits. Future advancements involve self-custody, AI integration, and interoperability in structured products.
Will the wave of mergers lead to sustainable re-rating? History is favoring a Yes. 5 cement stocks with upside potential of up to 44% (10-07-2024)
It has been seen that the decline in demand is not as strong as it used to be, maybe because the overall thrust on infrastructure is far higher or the fact that as the economy grows, the overall demand matrix is better for cement companies. Like the way other industries have gone through consolidation, cement is going through a wave of consolidation once again and there are enough examples from the past where mergers and acquisitions have preceded the next round of re-rating of the stocks.
We may see demand shifting towards more premium SUVs going ahead: Shruti Saboo (10-07-2024)
There is a lot of inventory, as you guys have rightly said, that there is inventory days of 62 to 67 days and earlier what we were seeing was that this inventory was piling up in smaller cars, discounts started coming in smaller cars, but now we are seeing that this is also coming up in SUVs too and inventory days have started to come up on a higher side in SUVs as well.
ICICI Bank, SBI among Nomura’s 4 preferred banking stocks ahead of Q1 results (10-07-2024)
Global brokerage firm Nomura predicts significant growth disparities in the banking sector, favoring ICICI Bank, SBI, Kotak Mahindra Bank, and Federal Bank.
Bansal Wire share price falls marginally post robust listing. Should you hold or exit? (10-07-2024)
Bansal Wire Industries debuted with a 39% premium on its issue price, driven by robust investor demand. Post-listing, shares dipped slightly but traded 36% above the IPO price at Rs 349.5. Analysts highlight strong customer diversification and a diverse product portfolio, mitigating revenue risks across sectors.
Vedanta shares fall 2.05 per cent in Wednesday’s trading session (10-07-2024)
The Relative Strength Index of the stock stood at 51.04 on Wednesday.