Posts in category Economic Times
Dalal Street Week Ahead: Guard profits at higher levels, rotate investments in fatigued market (22-06-2024)
D-Street showed marginal gains in a shortened trading week. However, signs of fatigue and potential correction are emerging. Key resistance levels are identified, and experts recommend caution and profit booking at higher levels.
Market Moves: Ashi Anand’s take on Indian IT and auto sectors (22-06-2024)
Ashi Anand, Founder and CEO of IME Capital, provides an in-depth analysis of the Indian IT and auto sectors. Anand highlighted the persistent strength in deal wins across IT companies despite weaker-than-expected revenue growth, attributing this to reduced discretionary spending.
Sentiment is changing, FIIs could push market rally further, says Chandan Taparia of Motilal Oswal (22-06-2024)
FIIs covering short positions in the Indian market may drive a potential rally, supported by DIIs and SIP. Amidst profit booking in FMCG stocks, focusing on rural demand and monsoon impact could offer buying opportunities. Private banks and financial companies show promising trends, while Nifty Auto and telecom sectors present favorable trading prospects.
FPIs turn net buyers of Indian equities at Rs 12,170 crore in June so far after two months of selling (22-06-2024)
Foreign investors stage a comeback in holiday-shortened week, slashing net selling from 14,794 crore in June first week to Rs 3,064 crore at the end of second week.
Spotting Red Flags: Lawrence A. Cunningham’s tips to safeguard your investment portfolio (22-06-2024)
Lawrence A. Cunningham advocates that quality-focused, long-term investing is crucial for success but challenging due to resisting short-term gains, standing by long-term decisions, and avoiding potential capital losses from mistakes.
Inox Green Energy Services board to meet on 26 June; to consider fundraise options (22-06-2024)
Inox Green Energy Services Limited plans to raise funds through preferential allotment and warrant issuance in a board meeting on June 26, aiming to acquire Rs 1000 crore for future ventures.
These 7 penny stocks surged up to 45% in a week (22-06-2024)
We selected stocks with a market capitalization below Rs 1,000 crore and a share price under Rs 20
US PMI data triggers sharp decline in gold prices (22-06-2024)
Gold prices surged to a two-week high of $2,366 following a second rate cut by the Swiss National Bank and weaker US data. Traders anticipate a move by the US Federal Reserve, especially after the European Central Bank's rate cut.
10 BSE 100 stocks turned multibaggers in one year but Zomato, Trent beat them on this parameter (22-06-2024)
According to Ace Equities data, Trent leads the pack with a 213% return in one year and a beta of 0.70. Zomato, the food delivery platform, and Bajaj Auto, the two-wheeler company, yielded 162% and 107% respectively, with one-year betas of 0.78 and 0.42.
Block deals worth over Rs 40,543 crore this week. Indus Towers, HAL, Suzlon Energy among stocks with major action (22-06-2024)
Despite the Nifty index closing the shortened trading week with a slight increase of 0.4%, significant activity was observed in block deals. Over three dozen companies across various market caps saw block deals worth a total of ₹40,543 crore, involving both buying and selling.