Posts in category Economic Times
Global trends, foreign investors’ move to drive markets in holiday-shortened week, say analysts (16-06-2024)
With the absence of any major immediate domestic trigger in sight, investors would focus on global trends and trading activity of foreign investors for further cues in a holiday-shortened week ahead, analysts said. Movement of global oil benchmark Brent crude and rupee-dollar trend would also guide the market.
Godavari Biorefineries files DRHP to raise funds via IPO (16-06-2024)
Godavari Biorefineries plans to utilize the net proceeds from the IPO to fund the repayment or pre-payment, in full or in part, of certain outstanding borrowings amounting to Rs 240 crore. The remaining amount will be used for general corporate purposes.
Concurrent Gainers: These 3 Sensex stocks gained for 5 days in a row (16-06-2024)
Over the span of five trading sessions concluding on June 14, the Sensex benchmark index increased by approximately 0.39%, reaching a closing figure of 76,992. This rise occurred during three out of the five sessions.
These 8 stocks witnessed a rise in prices with volumes in last 3 days (16-06-2024)
An analysis by ETMarkets of BSE-listed stocks with a market capitalization exceeding Rs 5000 crore shows that, during the recent three sessions (June 12-14), eight stocks consistently demonstrated rises in their prices, trading volumes, and delivery volumes.
With DRHP, Hyundai steers towards $3 billion public listing (16-06-2024)
India's largest public issue will be an offer-for-sale (OFS) of up to 142.2 million shares, or a 17.5% stake, by South Korean parent Hyundai Motor Co.
F&O Talk| Expect consolidation breakout in Nifty above 23,500, buy on dips: Sudeep Shah of SBI Securities (15-06-2024)
The post-election rally has taken everyone by surprise and both indices now are currently sustaining well above their short-term moving averages after testing their 200 day moving averages.
16 small, mid and large cap stock ideas by Axis Securities for June month (15-06-2024)
Axis Securities says that the market may continue to find direction based on a “Feel good” factor on policy continuity, pre-budget expectations, progress of monsoon, development on the CAPEX agenda, fiscal consolidation path and expectation of rural recovery in the second half.
These 5 penny stocks surge 20-45% in a week (15-06-2024)
Our selection criteria focused on stocks with a market capitalization under Rs 1000 crore and a share price below Rs 20. Additionally, we chose stocks with a last traded volume exceeding 50 lakh
Ethereum’s Tailwind: How the SEC ETF approval boosted Memecoin mania (15-06-2024)
While the primary impact is directly on Ethereum, there's been a fascinating secondary effect – a surge in the valuations of memecoins built on the Ethereum blockchain. Let's understand how this development is impacting the memecoin landscape and what it means for the future.
Honasa among 5 small and midcap stock picks by Emkay Global with upside potential up to 23% (15-06-2024)
Domestic brokerage firm Emkay Global believes that they see very little chance of a meaningful correction as they remain constructive on the manufacturing/investment cycle and prefer playing it through durables (auto) and materials and believe that industrials and financials can be better played through select small and mid cap stocks.