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Learn With ETMarkets: Futures Contracts 101 - understanding the basics https://ift.tt/pjb5fdz trading involves contracts between two parties to buy or sell a specific commodity or financial instrument at a predetermined price and date in the future, Jay explained to Tara and Dev. The purpose of futures trading is to manage risk through hedging. Futures exchanges, such as the Chicago Mercantile Exchange, appeared in the 19th century. Today, investors use futures trading as a complex financial tool to manage risk. Speculators play a role market and take risks to predict price fluctuations.

Bounceback: Bitcoin at $30,000 level, but surge puts $100,000 within sight https://ift.tt/XcjCnAD is set to climb for the fourth consecutive month after an April gain, the best streak since the six-month climb through March 2021. In the past decade, four months winning runs have foreshadowed a Bitcoin surge of 260% in the year subsequent to the streak. This kind of run has led to projections that the largest cryptocurrency could reach $105,000, but experts are cautious about saying it's inevitable.

Rising funding costs weigh on private banks https://ift.tt/E1ormXd Kotak Mahindra Bank, the proportion of CASA deposits in total deposits fell to 52.8% from over 60% a year ago. Savings account deposits also declined 4% to ₹1.09 lakh crore from ₹1.14 lakh crore a year ago. For HDFC Bank, while time deposits expanded to ₹10.47 lakh crore of the overall deposits, the proportion of CASA deposits fell to 44.4% of the total deposits as on March 2023 versus 48.2% same period last year.

Rupee among best-performing EM currencies this month! https://ift.tt/E1ormXd more such web stories click on the ET icon below

India's top 6 IT companies earned nearly Rs 27,000 crore profit in Q4. Here's the break-up https://ifttt.com/images/no_image_card.png​The top 6 Indian IT companies earned a total profit of Rs 26,809 crore in the March quarter of 2023

Tough challenges await Rishi Sunak: Tory strategists https://ift.tt/ibXqIld has successfully eaten into the opposition poll lead - Keir Starmer's Labour Party was about 27 points ahead when Sunak took power in October, and now leads by about 15 points. But a real-life electoral test looms next week, with thousands of local council seats up for grabs in votes across England.

​Richard Olsen's rules to make solid returns from your stock market investments https://ift.tt/1Whlc3R expert Richard Olsen says high-frequency data should be the primary object of research for those who are interested in understanding financial markets."High-frequency data can be a fundamental object of study, as traders make important trading decisions by observing high-frequency or tick-by-tick data," he says.

RBL Bank Q4 profit rises 37%; lender targets 20% credit growth in FY24 https://ift.tt/5vh8dQm Bank has posted a 37% YoY increase in Q4 FY23 net profit, reaching INR271cr ($36m), driven by lower provisions. The company had posted a loss of INR75cr in the year-ago period. The CEO attributed the limited growth to the recognition of a partial loan restructure the previous year. The bank also reported a gross non-performing asset ratio improvement of 3.37% compared to 4.40% a year ago. The lender has set a target of 20% growth in overall advances for FY24, with a 22% rise in retail advances. Secured advances will account for bulk of the growth in advances.

Why G20 Summit may be a historic event for crypto in India https://ift.tt/pE8lHCK G20 Summit 2023 in India is expected to provide an unprecedented opportunity for global leaders to discuss the regulation and development of the cryptocurrency sector. The event, which will be hosted by India, could play a pivotal role in shaping crypto regulations in the country and promoting a harmonised regulatory framework across member countries.

All-in bets on FAANG stock boom pay out in week of big earnings https://ift.tt/r2XayNg tech companies largely surpassed earnings estimates, causing relief to investors who had been nervous about the weakening growth prospects of the companies and the consequential risks to the market. Hedge funds were net selling tech mega-caps for a month due to their angst over earnings and lofty valuations, unwinding roughly half of their buying for the year up until the companies' earnings reports. Despite economic growth slowing down, inflation remaining higher than forecasts and another regional bank facing a government bailout, stocks have been rising. Although, some believe investing heavily in technology stocks is a bet on an unprecedented turnaround in monetary tightening.

Wall St Week Ahead: Recession worries simmer beneath US stock market rally https://ift.tt/ubI6ith transportation and semiconductor stocks, along with small-cap stocks, have experienced a drop during April, indicating concerns over economic growth. Experts point to fears of a recession and the Federal Reserve's aggressive monetary tightening as reasons for investors' caution. Economically-sensitive sectors such as utilities and healthcare have rallied in recent weeks, while concerns over a possible US default and global trade disputes have raised concerns about economic growth across markets.

US stock market: Nasdaq rallies as earnings season boost offsets economy worries https://ift.tt/txJgGPz Nasdaq led gains on Wall Street on Thursday, buoyed by Facebook parent Meta Platforms posting quarterly results that beat revenue forecasts. The social media giant also claimed artificial intelligence was helping to drive traffic to its services and lift ad sales. The S&P 500 communication services index saw its biggest daily percentage gain since February 2022 of 5.5%. Alphabet's upbeat results, Eli Lilly's raised full-year profit forecast and Comcast's impressive financial results lifted the index. However, economic data for the first quarter revealed US growth slowing more than analysts had anticipated, with deceleration expected to continue.

Online stock brokers’ bull run hits a bump; number of active users slide https://ift.tt/4LDNgSw market volatility and return to office, active user base shrinks for some major players

HDFC plans Rs 15,000-crore bond issue https://ift.tt/txJgGPz bonds, which will mature on May 3, 2033, are rated AAA by Crisil and ICRA, the housing financier said. The debt sale is part of the ₹57,000-crore fund-raising plan approved by HDFC's board on March 27, 2023.

SBI issues $750-million 5-year bonds at 4.875% https://ifttt.com/images/no_image_card.png“The bonds will be issued through our London branch as of 5th May 2023 and shall be listed on Singapore Stock Exchange and India International Exchange, GIFT City,” SBI said in an exchange filing.

Republicans pass bill to avert US debt crisis, slash spending https://ift.tt/OGmhzHY government is expecting to hit the debt ceiling within weeks, raising the possibility of the world's largest economy defaulting on repayments and igniting a firestorm in global markets.

TCS, HDFC Bank among 10 stocks that earned upgrades in last 1 month. Check revised target prices https://ift.tt/oanmjNS the announcement of Q4 results by several companies, a few brokerages have upgraded the target prices on a number of counters in the last one month. These stocks belong to various sectors like IT, banking, FMCG and others. Here's a list of 10 stocks that earned upgrades in the last one month, according to Trendlyne data:

ETMarkets Smart Talk: Nitin Raheja of Julius Baer India explains why FIIs can’t ignore India for long https://ift.tt/LKVugbo, as we enter the second half and earnings growth starts catching up the markets would look more attractively priced and could see new highs happen.

Hinduja sole bidder for Reliance Capital with ₹9,650 cr offer https://ift.tt/DIgcPCQ Investments and Oaktree Capital didn't submit bids, although they had indicated earlier that they would participate in the process, the people said.

Music Broadcast debt good for investors with risk appetite https://ift.tt/OnHUv7d instruments, which are listed on the BSE and NSE, could return 11.5% to investors with a lower tax outgo. Investors should buy these instruments to hold till maturity as liquidity is low.

Meta Q1 results: Revenue up 3% to $28.7 billion, net profit plummets 24% https://ift.tt/OGmhzHY company's net profit dropped significantly by 24% to $5.7 billion from $7.5 billion in Q1 2022.

Golden Crossovers: These 4 stocks signal further bullishness https://ift.tt/E7jtYAg the NSE list of stocks, four stocks with a market cap of over Rs 300 crore have been witnessing Golden Crossovers, according to stockedge.com's technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. The 50-day simple moving averages (SMA) of these stocks crossed their 200-day SMAs on April 25. Take a look.

No need to worry about asset quality of banks from 12 to 18 month perspective: Sunil Tirumalai https://ift.tt/py2IqmB do not think we are at such a situation right now so we actually have banks as one of the most preferred places for us in the market primarily because given the kind of nominal GDP growth that we have in India and the penetration levels so you will get decent credit growth.

Corporate India looking at risk in a much more focussed manner: Bhargav Dasgupta https://ifttt.com/images/no_image_card.png​In all of those areas, there are new emerging risks. Natural hazards, climate change, cyber risk, new technologies that are emerging, new business models that are emerging in terms of using some of those technologies to manufacture, so all of these things are changing and the role for insurance will always be there to cover these risks.

Asian shares wallow at one-month lows as bank worries weigh https://ift.tt/qzVJDoQ giants buoyed U.S. stock futures, despite fresh jitters surrounding the world's two biggest economies. Following higher-than-anticipated profits and $70 billion in stock buybacks announced by Microsoft and Alphabet, Nasdaq futures were up 1.4% and S&P 500 futures up 0.5%. However, the Wall Street Journal's Nick Timiraos warned the banking crisis wasn't over, leading to a sharp drop in U.S. markets overnight. Bond yields fell sharply and interest rate futures markets are pricing in a higher chance of Fed rate cuts later in the year.

Vedanta very comfortable, concerns over its debt situation misplaced: Anil Agarwal https://ifttt.com/images/no_image_card.png"We are very, very comfortable," said Anil Agarwal in an interview with ET, drawing attention to the company's track record. "In the last 25 years, we have not defaulted even once. There has been disproportionate talk about our debt," he said, adding that VRL would repay its debt through a combination of dividend and royalty payments.

Mahindra Holidays & Resorts chairman Arun Nanda announces his retirement https://ifttt.com/images/no_image_card.png​​Arun Nanda served as Executive Director, Mahindra & Mahindra Ltd. from 28/08/1992 to 31/03/2010, and subsequently as Non-Executive Director till 08/08/2014. During his career with the Group, Mr. Nanda has run a diverse set of businesses. His most significant achievements include the Group's diversification into leisure and hospitality, and the setting up Mahindra World Cities in Chennai and Jaipur.

Sectoral Spotlight: Is realty segment on cusp of turnaround after year of underperformance? https://ift.tt/fsLXv1B the underperformance, this sector has been under the spotlight led by robust sales in residential real estate. The outlook remains strong and certain stocks are likely to ride this uptrend.

Stocks to buy today: 7 short-term trading ideas by experts https://ift.tt/DaFgKYV VIX was up by 0.32% from 11.63 to 11.66 levels on Monday. Volatility spiked above 12 zones but later sunk and has now dried up. It is now consistently hovering at its lower zones which is a positive sign for the bulls.

Clearing Corp to apply afresh to Bank of England for recognition https://ift.tt/OPXvek3 development comes after the UK regulator was said to have shown flexibility regarding earlier hurdles posed by requirements for inspection and audit of the Indian clearing house.

Mankind Pharma IPO opens on Tuesday. What GMP suggests for potential investors? https://ift.tt/OPXvek3 company has fixed a price band of Rs 1,026-1,080 for its IPO, which is completely an offer for sale (OFS) of 40 million equity shares by promoters and other existing shareholders.

Wipro shares rise 3% on buyback announcement https://ift.tt/7cod5MD last share buyback was in FY21 when Azim Premji-affiliated entities had tendered 22.89 crore units worth about Rs 9,156 crore in between December 29, 2020, and January 11, 2021. Shares were bought back at a price of Rs 400 per equity share.

Technical stock picks: Berger Paints among 5 stocks that can rally up to 9% https://ift.tt/FqCe0Pa weak global cues, Nifty has declined over 3% so far in the year 2023. Ongoing Q4 results have also increased the nervousness among investors after IT major Infosys and TCS posted weaker-than-expected performances. However, Reliance and ICICI Bank results were in line with analysts' expectations.A host of analysts have shared their technical views on particular stocks for the near term. Here is a list of 5 tech picks from various analysts for short-term gains

Hot Stocks: Brokerages on ICICI Bank, RIL, Tata Steel and Asian Paints https://ift.tt/OPXvek3 global investment bank expects competition to intensify as a new player comes in. “We believe risk is yet to be completely reflected in valuations. Maintain Underweight on Asian Paints & Kansai Nerolac,” said the note.

Positive Breakout: These 6 stocks crossed their 200 DMAs https://ift.tt/Q4ljvXc the Nifty500 pack, six stocks' prices crossed their 200 DMAs (Daily Moving Averages) on April 21, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. 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. Take a look:

Vodafone Idea accuses Jio, Airtel of predatory pricing with unlimited 5G offers https://ift.tt/kbBEDyg Idea has made a complaint to India's Telecom Regulatory Authority (TRAI) that rivals Reliance Jio and Bharti Airtel are offering predatory pricing via their unlimited 5G plans. The charges are similar to those faced by Jio in 2016, following its commercial launch. Both Jio and Airtel have replied to TRAI and called for unlimited offers to help customers adopt 5G.

Gold may decline on reduced safe-haven demand; Support is seen at $1969 https://ift.tt/PqDklbx closed the week with a 1% loss at $1982.89, as US manufacturing and services expanded, sending yields up and the dollar stronger. Despite failing to push through at $2020, gold remains vulnerable in the short term. With the US Federal Reserve approaching a rate-hike pause, the eurozone and UK are expected to hike rates higher as inflation remains elevated. While gold's safe haven attribute is not driving its present strength, sustained weak indicators, including declining retail sales, negative outlook data, and elevated jobless claims, may be supportive to the metal in the longer term.

Q4 earnings, US GDP data & FII flows among 6 key drivers for Dalal Street this week https://ift.tt/SOKmcrD equities fell last week due to weak global cues and cautious Q1 earnings reports. Despite some positivity in the financial sector, including recent results from ICICI Bank, the reports have been mildly disappointing overall. The IT sector was particularly lacklustre. Vinod Nair of Geojit Financial Services, said FPI inflows remain likely to be stable, with financials expected to receive more interest.

Missed Q4 earnings this week? Here's a snapshot https://ifttt.com/images/no_image_card.png>> For more such web stories click on the ET icon below

Mankind Pharma IPO: Here are key things to know about the issue https://ifttt.com/images/no_image_card.png>> For more such web stories click on the ET icon below

This is the time for India, next 1-2 decades will be golden: Krishna Memani https://ift.tt/mHGpkFD Memani believes that India is set for sustained growth over the next couple of decades and has recommended investment in companies that have "world-class" potential, citing infrastructure investment and a changing investment policy as driving forces behind growth. While market performance may remain strong in the short-term, he predicts volatility may arise later in the year due to Fed rate cuts, which were previously priced in but may get priced out.

Deploy Protective Put strategy on Nifty in the April F&O expiry week: Kunal Shah https://ift.tt/dWwITB7 Technical & Derivative analyst at LKP Securities, Kunal Shah, has said the range of the Indian markets for the expiry week is 17,500-17,800, and a move outside of this range would be decisive. Shah added that if the Nifty50 retains 17,500, the upward trend would resume, possibly towards 18,000-18,200. In terms of the IT industry, Shah suggested avoiding the sector and capitalising on any pullback rallies to exit or establish new short positions.

Ace investor Vijay Kedia raises stake in this multibagger stock https://ift.tt/ruDz76k Robotic and Automation shares have given multibagger returns to investors in the last six months, rising over 100%. As of March 2023, Vijay Kedia and his firm Kedia Securities hold a combined stake of 13.30%, up from 12.25% in September 2022.

Mind Over Money: This CEO follows 30-min gym session, meditation & deep breathing to stay mentally fit https://ift.tt/SUq1LYJ Murugan, CEO of FundsIndia, prioritizes mental and physical fitness over work obligations. He engages in daily exercise, believes in work-life balance and practicing mindfulness activities to reduce stress. Murugan recommends active listening, prioritizing tasks based on importance and urgency, being willing to take calculated risks and embracing change, and communicating clearly and frequently to ensure everyone is on the same page.

Dollar-rupee forward premia decline on rate pause, Fed hike hopes https://ift.tt/EztMuwd dollar-rupee forward premia, which indicates the India-US interest rate differential, has dropped significantly due to a pause in local tightening rates and expectations of further increases by the US Federal Reserve. While this drop may lower hedging costs for importers, it reduces incentives for exporters to sell dollars as their returns decline. This decline could lead to a compression in the rate differential between the two countries and reduce the relative appeal of domestic assets for overseas investors. This could also lead to potential unwinding of dollar short positions by carry traders.

RBI resumes dollar buying, net purchases $254 m in Feb https://ift.tt/IlU1JVw the RBI acquired dollars in the spot market, its outstanding net forward purchases of the dollar reduced in February, implying that the central bank took advance delivery of its forward positions, analysts said.

IMF's growth forecast for India may have errors, real numbers to come as a surprise: RBI https://ift.tt/EztMuwd IMF recently lowered its 2023 growth forecast for India to 5.9 per cent from 6.1 per cent citing slowness of domestic consumption and challenging external condition. In its annual World Economic Outlook, IMF also lowered the forecast for 2024-25 fiscal (April 2024 to March 2025) to 6.3 per cent from the 6.8 per cent it had predicted in January this year.

Greater Noida Authority approves Rs 4,378 crore budget for FY 2023-24 https://ift.tt/9cSg5RX this budget, maximum emphasis has been given to the land acquisition, development of infrastructure and development works along with loan repayment.

Recession fears set Asian stocks on course for weekly drop https://ift.tt/xB2VkS8 S&P 500 fell overnight, too, with some heavy selling on weak results. Tesla shares tumbled 9.7% after the electric vehicle maker posted its lowest quarterly gross margin in two years. AT&T shares dropped 10.4% after the wireless carrier missed revenue and cash flow estimates.

SBI looks to raise $500 million via dollar bonds https://ift.tt/aM76ZgI largest lender, the State Bank of India (SBI), has reportedly contacted international banks to explore options for a possible bond issue, with initial estimates pointing towards $500m. The bank is expected to formally involve investment banks in the project within a week, with the issue's size dependent on the response from investors. The regulatory framework allowing companies to issue securities to investors in the US and other markets without registering with the SEC is expected to help to bring down costs.

Incoming TCS CEO K Krithivasan may spend first year meeting customers https://ift.tt/xB2VkS8 CEO may spend much of the next six months on the road, meeting customers as he settles into the role. That will help him execute the customer-centricity task set by the TCS board headed by N Chandrasekaran, who’s also Tata Sons chairman.

Sebi penalises two former auditors of CG Power https://ifttt.com/images/no_image_card.png"This is also a fit case where SEBI needs to send a stern message to professionals who associate themselves with securities market so as to prevent them from indulging in such acts of omissions and commissions as found in this case," Sebi said.

Not activating counter-cyclical capital buffer, says RBI https://ifttt.com/images/no_image_card.png​​The framework on the countercyclical capital buffer (CCyB) was put in place by the Reserve Bank of India (RBI) in terms of guidelines in February 2015 wherein, it was advised that the CCyB would be activated as and when the circumstances warranted and that the decision would normally be pre-announced.

Stocks to buy today: 6 short-term trading ideas by experts https://ifttt.com/images/no_image_card.png“The index is now got stuck at higher zones but still needs to hold above 17620 zones to witness an up move towards 17717 and 17777 zones while on the downside supports are placed at 17550 and 17442 marks,” recommends Taparia.

ETMarkets Smart Talk: Investors should avoid extremely expensively valued growth stocks in FY24: Devarsh Vakil https://ift.tt/ASV0MKR Vakil, Deputy Head of Retail Research at HDFC Securities, suggests that value stocks in emerging markets provide good investment opportunities in the new financial year, and investors should avoid extremely expensive growth stocks.

Dow dips, S&P 500 stable after medtech gains, Netflix drag https://ift.tt/g3aURD4 The S&P 500 ended virtually unchanged on Wednesday while the Dow dipped as investors digested a mixed bag of corporate earnings, including upbeat reports from medical technology companies, countered by weakness in Netflix shares.

KKR bullish on healthcare, consumer & tech bets in India https://ift.tt/luZH4s9 equity firm KKR is optimistic about investment prospects in India, according to co-CEO Joseph Y Bae. The US company is keen to invest in healthcare, consumer and technology sectors, and interested in India's privatisation programme. KKR began investing in the country in 2006 and has committed over $10bn there so far, and Bae sees strong fundamental growth in the country's economy. India has a young population and growing middle class, said Bae, making it an attractive destination for consumer and retail sectors, as well as technology adoption.

Mankind Pharma announces IPO price band at Rs 1,026-1,080 https://ift.tt/VT6WGId the upper end of the price band, the fourth largest pharmaceutical company in terms of domestic sales will be valued at ₹43,264 crore. The four-crore share IPO will be entirely an offer-for-sale (OFS) where existing shareholders will offload a portion of their stakes.

Death Crossovers: M&M among 6 stocks that signal bearishness on April 19 https://ift.tt/FvtKkxZ the NSE list of stocks, six stocks with a market cap of over Rs 1,000 crore have been witnessing Death Crossovers, according to stockedge.com's technical scan data. The death cross is a technical indicator of bearishness. The death cross appears on a chart when a stock’s short-term simple moving average (SMA) crosses below its long-term moving average on the downside. The 50-day SMA crossed below their 200-day SMAs on April 18. Take a look:

ETMarkets Fund Manager Talk: Risk-reward favourable in financials, cap goods, FMCG stocks: Arun Malhotra, CapGrow Capital https://ift.tt/hs8fC9w, Arun Malhotra of CapGrow Capital Advisors believes that the best time to deploy cash is during uncertainty, and one can seek alpha by investing in quality smallcap companies.

Australia, NZ dollars keep rally alive before inflation test https://ift.tt/g2KX5zo said a pullback to around 6.5-6.6% was needed for the RBA to be confident that inflation would meet its 2-3% target by mid-2025 as projected. "A number significantly above that forecast would, presumably, put some doubt on the staff's two-year path back to target and certainly see a response from the Board at the May meeting," he added.

Some McDowell investors knock on SC door https://ift.tt/BGSInum shareholders of McDowell including Porinju Veliyath's Equity Intelligence and US investment firms Acacia Partners, and the financial creditor are locked in a legal battle over control of the company. The appeal in the Supreme Court was filed by 15.51% of shareholders.

PSU banks list assets for sale to NARCL after finance ministry nudge https://ift.tt/ojWBPmZ a nudge from the finance ministry last fortnight, most government-owned banks identified companies they would prefer to sell to National Asset Reconstruction Company (NARCL), the people cited above said. NARCL will identify about 20-25 accounts from the list for acquisition this fiscal year.

Sebi’s new ASBA norm may increase competition among brokers: Upstox CEO Ravi Kumar https://ift.tt/gc14VXL of January 2023, the number of demat accounts in India increased to 11 crore, up from 8.4 crore during the same period the previous year, representing a 31% growth. While these figures are promising, there is still much work to be done. India's population exceeds 1.4 billion, yet only about 5-6% are currently investing.

F&O Ban: Delta Corp, Balrampur Chini under ban for trade on Tuesday https://ift.tt/5Bi2z3N future & options (F&O) contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.

Big Movers on D-St: What should investors do with ITC, Anupam Rasayan & HG Infra which hit 52-week highs? https://ift.tt/5Bi2z3N Indian markets ended in the red on Monday as the Sensex fell more than 500 points. While public sector, oil & gas, FMCG, energy, and realty stocks witnessed buying, IT, telecom, and healthcare stocks faced selling pressure. Three stocks that were in focus include ITC, Anupam Rasayan, and HG Infra Engineering. Technical and Derivative Research Analyst at Reliance Securities, Jatin Gohil, recommends investors to buy ITC on dips, initiate a long position in HG Infra on dips, and sell some shares of Anupam Rasayan as the stock is near its supply zone.

Investors dump IT stocks to end 9-day rally on D-Street https://ift.tt/5Bi2z3N Sensex ended at 59,910.75, down 520.25 points or 0.86%, from Thursday's close. The Nifty declined 121.15 points or 0.68% to end at 17,706.85. Both indices had fallen as much as 1.4% earlier in the day.

Infosys posts biggest fall since Covid selloff, leads plunge in IT counters https://ift.tt/5Bi2z3N NSE IT index dropped 4.7% to its lowest in two years, while the Nifty fell 0.7%. Analysts are recommending investors to postpone purchases of large-cap IT stocks such as Infosys and TCS, whose valuations are still not considered cheap.

Fall in IT stocks a knee jerk reaction, not a disaster which will last forever: Devina Mehra https://ift.tt/peSCYb4 is not a mature business in that sense that you will not see growth, again we are talking at a trough of a cycle in terms of the economies which they cater to. So, I do not think that is the thing that demand is going to dry up for IT.

Big Movers on D-St: What should investors do with DLF, United Spirits and AU Small Finance Bank? https://ift.tt/LnGFk5V the daily and weekly charts, the stock has formed a promising breakout continuation formation. The texture of the chart suggests an uptrend continuation formation which is likely to continue in the near future.

Dollar rebounds on higher expectations for Fed hike in May https://ift.tt/96bIFWZ to the mix of resilient U.S. economic data was a strong run of first-quarter 2023 earnings from JPMorgan Chase & Co, Citigroup Inc and Wells Fargo & Co, brushing off concerns about a banking crisis that unfolded in March.

Coca-Cola set to buy minority stake in Thrive https://ift.tt/caFWH7z push consumers to order its beverages only with orders on food delivery platform.

Shrinking stock-bond yield gap hints at a stronger equity show https://ift.tt/SjbeW3R spread reached a high of 236 bps in December 2022. Historically, spreads in excess of 200 bps yield negative returns in the medium term. A lower spread between the earnings yield and bond yields suggest investment in equities will be beneficial.

Do you want to make a living from stock trading? Here's your guide https://ift.tt/PZka8pE often leads to a phenomenon known as "System hopping," where traders experiment with various strategies across different asset classes, unaware of the finite nature of their funds. As a result, they often deplete their trading capital, become demotivated, and exit the market.

Nifty F&O Strategy: Expect consolidation with support near 17,500; go for short straddle, says ICICI Direct https://ift.tt/SjbeW3R Nifty extended its gains by another 1% in a truncated last week and tested our targets of 17800, driven largely by short covering. Once again, financial stocks were major gainers of the week, along with midcap and small caps, which continued their momentum in the new financial year. Going ahead, we expect the Nifty to consolidate with support near 17500 amid results from heavyweights

High ROE: 5 stocks with the key elements for long term wealth creation https://ift.tt/rL1Wqd7 industries have different operating matrices which have high correlation with the kind of ROE which they generate and how sustainable that number is. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".

Bulls had gala time on Dalal Street as 46 smallcap stocks gave double-digit weekly returns https://ift.tt/QnqBkLe Chemicals was the top gainer, clocking nearly 42% returns last week. The stock also scaled an over three-month high of Rs 584.90. Many realty stocks made to the outperformers’ list. Shares of Prestige Estates Projects, DLF, Godrej Properties, and DB Realty gained 7-18%.

5 world market themes for the week ahead https://ift.tt/qvOymjU addition to big banks such as Goldman Sachs, Morgan Stanley and Bank of America, big names reporting next week include Johnson & Johnson and Netflix on April 18 and Tesla on April 19.

US stock market: S&P 500, Dow dip to lower close as rate hike bets firm, banks jump https://ift.tt/YNrJxIX Inc, JPMorgan Chase & Co and Wells Fargo & Co beat earnings expectations, benefiting from rising interest rates and easing fears of stress in the banking system.

India's forex reserves up $6.31 billion to $584.76 billion, at 9-month high https://ift.tt/l1yrIj3 Currency Assets increased by USD 4.740 billion to USD 514.431 billion. Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.

LVMH breaks into world top 10 as market cap nears $500 billion https://ift.tt/tnmWprf a growing crowd of investors, LVMH and its French luxury rivals are to the European stock market what Big Tech has been to the US: Dominant businesses whose growth holds up even as the economy waxes and wanes. Shares of LVMH and Hermes International have on average returned more than 20% annually the past decade and Kering has returned 16%.

Sunil Subramaniam on SIP inflows, AUMs at 15-month low and more https://ifttt.com/images/no_image_card.png“The MF industry has been seeing redemptions because people have been booking profits for their investments over the past years. Minus SIP flows, gross lump sum flows minus redemption, generally it is a negative number. That has made the AUM come down. Also, as the corporate capex cycle revives, corporates which had parked their surpluses have been drawing down.”

S&P 500, Dow rally to higher close as inflation data feeds Fed pause hopes https://ift.tt/fvGHJ72 three major U.S. stock indexes surged more than 1%, with interest rate sensitive megacaps including Apple Inc , Microsoft Corp and Amazon.com providing the most upside muscle and pushing the tech-heavy Nasdaq up nearly 2% to its biggest one-day percentage jump in nearly a month.

FBI arrests 21-year-old National Guardsman for 'criminal' US intelligence leaks https://ift.tt/vC34VaI General Merrick Garland said the Federal Bureau of Investigation arrested Teixeira "in connection with an investigation into alleged unauthorized removal, retention, and transmission of classified national defense information."

Masayoshi Son's SoftBank plans to sell majority of its stake in Alibaba https://ift.tt/TAKwreu Group is looking to shed a majority of its position in Alibaba, after having sold $7bn in the Chinese tech giant this year using prepaid contracts. Pummeled by losses from its startup bets, the Japanese company has prioritised financial discipline to be able to go on an offensive with investments in the future. The move reduces SoftBank's ownership of Alibaba to less than 4%, down from 14.6% as of end-September and is the latest sign of long-time China investors cutting their exposure there.

Zee Ent’s Punit Goenka pays Rs 50 lakh to settle insider trading case with SEBI https://ift.tt/rqZ3WBO Bank in its plea claimed a default of Rs 83.08 crore against the media and entertainment firm promoted by Subhash Chandra.

Commodity Talk: El Nino impact on crop production not to be material, says Sunil Damania of MarketsMojo https://ift.tt/ngkf16j impact of El Nino is proportional to its severity. This time, we anticipate a weak El Nino as opposed to a strong El Nino, a similar scenario in 2014 and 2018. In both years, India's staple grain production was unaffected. We do not believe we should be unduly concerned about crop production at this time.

Delhi airport's debt issue nets Rs 1,200 crore https://ift.tt/BOZYi9W September 2022, ET reported that GMR Airports, which operates the Delhi and Hyderabad airports, raised ₹1,100 crore from JP Morgan Securities and Morgan Stanley India Primary Dealer to make timely payments of its bonds.

RBI's said to be open to new MoU if EU regulators soften audit stance https://ift.tt/cj9HMpG meeting late last month between senior officials of the Reserve Bank of India (RBI) and European banks was the ice-breaker in protracted discussions over the foreign regulators' de-recognition of CCIL. European banks trading in India that stand to be the most affected by the negotiations are Credit Suisse, BNP Paribas, Societe Generale and Deutsche Bank.

Kitchen staples pinch on weather, disease woes https://ift.tt/7TkzKMN changes, crop damages caused by unseasonal rainfall, and diseases in cattle have resulted in increase of kitchen staple prices, say traders. Despite the centre rolling out price-control measures, sugar, milk, jeera and dhaniya prices have soared in the last week while tur, urad and chana prices have remained firm. To fill the demand-supply gap, India is importing tur from Africa and Myanmar, while urad is imported from Myanmar.

US inflation slows in March but remains above Fed target https://ift.tt/c9p6NXm greeted by President Joe Biden as a sign of progress, several commentators noted that the inflation rate remains far above the Fed's two percent target, adding that inflation remained elevated when food and energy costs are stripped out

F&O Ban: Delta Corp under ban for trade on Wednesday https://ift.tt/1nZt8F5 Future & Options contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.

"Very strong economy...," IMF division chief Daniel Leigh on India's growth trajectory https://ifttt.com/images/no_image_card.png"Yes, we have a growth rate for India which is 6.8 in 2022. Let's not forget this is one of the bright spots in the global economy right now. Such a high growth rate and it is moderating down to 5.9 with a -.2 revision compared to January, what's happening here is also a set of historical revisions," said IMF division chief Daniel Leigh.

Exchanges to set common equilibrium price for listing day post IPO https://ifttt.com/images/no_image_card.png"Call auction sessions are conducted on multiple stock exchanges. The discovered price / equilibrium price pursuant to such call auction sessions could be different on each exchange," Sebi said in a circular.

Infra, manufacturing offer opportunities to French investors: Piyush Goyal https://ifttt.com/images/no_image_card.png“Huge delta of opportunities are there in India,” Goyal said while addressing the India France Business Summit in Paris. The minister had earlier said that France is India’s preferred partner in defence, economy and investments. Goyal said that India is attracting investment and technology in the defence sector from around the world as indigenous manufacturing is being promoted.

Export duty on husk rice scrapped https://ift.tt/2Yw0E3S said the duty was scrapped after review of rice stocks. The exemption will be effective from April 11. The centre in September, 2022 had imposed an export duty of 20% on Rice in Husk (Paddy or Rough), Husked (Brown Rice) and Semi-milled or Wholly milled Rice.

5 sectors Roshan Chutkey is bullish on for this year https://ift.tt/almbByP special situation is any situation which is causing the company, some sort of a problem, right? But the problem is very unique, it is a unique situation that the company is going through and from our experience of managing this fund for about four years now, we have gathered that each of the special situations that a company faces can be categorised into one of the four buckets.

US stock market: Wall Street ends mixed with inflation data, earnings on tap https://ift.tt/hUn3Gku sensitive transports, semiconductors , small-caps and industrials outperformed the broader market, hinting that the economy is sturdy enough to withstand further rate increases from the Federal Reserve.

Make globalization more transparent: Finance Minister Nirmala Sitharaman in US https://ift.tt/WRBtgvo to a question, she said, India has shown very clearly, its initiative is working out well in pursuing with countries and agreeing to have Free Trade Agreements (FTA) with them.

TCS likely to report muted Q4 revenue growth, better profits https://ift.tt/VEgmlvO expect the operating margin to expand by 10-70 basis points sequentially as the pressure of employee attrition eases. “We expect 30bp improvement in operating margin, led by stabilizing supply and receding attrition,” mentioned Motilal Oswal Financial Services in a preview report.

High-yielding loans, lower provisions to boost bank nos https://ift.tt/VEgmlvO say robust credit offtake and resolutions of a few stressed assets too will boost March quarter performance.

8 Nifty Bank stock ICICI Direct has given a buy rating https://ifttt.com/images/no_image_card.png>> For more such web stories click on the ET icon below

Debt, rates and US-China risks in focus as IMF meets this week https://ift.tt/OTYcQiW April 10-16 Spring Meetings hosted by the International Monetary Fund and World Bank will also see a raft of related meetings, including the Group of 20 finance chiefs. The G-20 will face another contentious attempt to craft a joint statement on their prognosis for the global economy, after having failed to do so in February thanks to disputes over Russia's Ukraine invasion.

End may be in sight for global rate-hike cycle as Fed nears peak https://ift.tt/OTYcQiW majority of global central banks may pause interest rate hikes or be nearing a peak, with possible monetary loosening on the horizon, as first signs of sluggish economic growth and effects of financial market tensions appear. Though other central banks, like the European Central Bank, may keep tightening, an adjustment in US monetary policy could lead to a shift in gear for global peers. pivots toward rate cuts could come as soon as this year from countries like Brazil and Indonesia, with more advanced-world officials predicted to adopt similar strategies not far behind.

UAE emerges as alternative to rupee trade with Russia https://ift.tt/OTYcQiW push is toward facilitating trade through the UAE as the country's currency - the dirham - is pegged to the dollar and enjoys global stability.

Twitter labels BBC as "government-funded media" https://ift.tt/OTYcQiW label now appears on outlets that receive some government funding, including BBC, PBS, NPR and Voice of America. However, it does not appear on other government-backed outlets, such as Canada's CBC or Qatar's Al Jazeera. Twitter has not given a definition for what it considers "government-funded media" to constitute.

UAE emerges as alternative to rupee trade with Russia https://ift.tt/OTYcQiW push is toward facilitating trade through the UAE as the country's currency - the dirham - is pegged to the dollar and enjoys global stability.

Heroes or Villains: Short sellers' role in the US banking crisis https://ift.tt/GB71uPH who wager shares in a company will fall were increasing bets on First Republic's stock when it was already taking a beating, making it difficult for the bank to recover its value.

Value Picks! 10 stocks with below industry PE levels that can rally up to 64% https://ift.tt/2lUimsF PE stocks are considered as value stocks, which are best suited for long-term investment horizons. UPL, Apollo Tyres, M&M Financial Services and Power Finance Corporation are trading at lower PE than their respective industry PE, according to Trendlyne data. Meanwhile, these stocks belong to different industries and can rally up to 64%, Trendlyne data suggested.Here is a list of 10 stocks with below industry PE levels that can rally up to 64%, according to Trendlyne data:

FPIs dump Indian equities worth Rs 37,631 cr in FY23; trend likely to reverse in FY24 https://ift.tt/nLjIbuF portfolio investors (FPIs) withdrew Rs 37,631 crores from Indian equities during the last fiscal year, after selling a record amount the previous year. However, FPIs are expected to return in the current financial year as India has a high growth potential in 2023-24. Factors including US federal reserve policy, oil prices and geopolitical developments may affect FPI flows this year. Domestic institutional investors have absorbed the massive selling by FPIs, while oversold sectors such as FMCG, capital goods, and healthcare hold potential for contrarian growth, according to Geojit's Chief Investment Strategist.

Learn with ETMarkets: Dow Theory - the cornerstone of technical analysis https://ift.tt/dXoPmpB, the other day, Dev and Tara were chilling at a cafe, savoring their delicious coffee, when Tara expressed her eagerness to learn more about technical analysis.

IT may see surprise on the downside; metals to continue to be subdued: Sandip Sabharwal https://ift.tt/TO37dtf is important that investors remain more focused on domestic growth-focused themes rather than global themes at this stage, says Sandip Sabharwal. It is tough to build a bull case for IT although the stocks have underperformed significantly. Metals will have a subdued period for the next one or two years as global economies slow down.

Gold prices at fresh 1-year highs: here are key drivers https://ift.tt/J0Cqb8L was followed by a sharp fall in the US 10-year yields to an 8-month low of 3.25%, while the dollar index declined to a 10-week low, boosting the appeal for the non-yielding yellow metal.

India still better investment destination; debt as asset class looking lucrative https://ift.tt/tHe1arb global economy is now confronted with serious financial stability challenges arising from the recent liquidity crisis in the banking sector in some advanced economies.

Gold prices notched fresh 1-year highs; here’s why https://ift.tt/J0Cqb8L was followed by a sharp fall in the US 10-year yields to an 8-month low of 3.25%, while the dollar index declined to a 10-week low, boosting the appeal for the non-yielding yellow metal.

How InvITs are catering to the nuanced needs of investors https://ift.tt/9aoh08Q investors do not have the ability to acquire these assets entirely due to the sheer size and the lack of expertise required to manage them. Investment in InvITs also provides exposure to multiple such assets thus helping to diversify the risk.

Learn With ETMarkets: Types of strike prices and their values https://ift.tt/tHe1arb premium of each strike is different and is derived from a mathematical formula called as Black-Scholes Model, this is a very complex pricing model, which involves integrations and probability methods. We will not discuss it in detail, however, the Indian Option premium is based on this model.

World Bank could lend $50bn more over decade with reform: Yellen https://ift.tt/RvZ8Vhd global growth slows, the World Bank previously warned that the outlook is especially tough for the poorest economies -- which face sluggish growth driven by heavy debt burdens and weak investment.

Wheat crop loss likely to be 1-2 MT due to untimely rains, overall output to reach record level, says government https://ift.tt/IdQrDBw wheat production is likely to reach a record 112.2 million tonnes in the current year despite recent weather-related losses of 1-2 million tonnes, according to the country's government. The government's effort to procure wheat at minimum support price has already reached 7 lakh tonnes, compared to 2 lakh tonnes in the same period a year ago. Farmers have been encouraged to sell to roller flour millers directly instead of to state-owned FCI under the Open Market Sale Scheme. The government is also considering requests for relaxed procurement norms from Uttar Pradesh, Punjab and Haryana, where quality losses have occurred due to recent rains.

Once US goes into recession, EMs will do well: Andrew Holland https://ift.tt/WDO2EjP Holland, CEO of Avendus Capital Public Markets Alternate Strategies, sees emerging markets as a key growth area, particularly for investment following a downturn in global markets; Since I can remember, once the US goes into recession and interest rates start to fall, emerging markets do well". India may initially experience weaker flows than areas such as China, Taiwan and Korea, but Holland expects earnings acceleration will attract increased investment during H2 of 2019.

Nifty may consolidate before breakout. What traders should do next https://ift.tt/JD3Qx7P is currently placed at the important resistance of previous opening downside gap of March 10 around 17,600 levels, said Nagaraj Shetti of HDFC Securities.

Kheer is a classic Indian dish that is apt for all festivals and special occasions. Traditionally, Kheer is prepared using rice, milk and sugar, but in this recipe, we will give the recipe a healthy twist by preparing it with ingredients like Oats, Honey, Milk, Orange and Carrot. The combination of orange and carrot provides different flavours to the dessert. For garnish, we have added some chopped almonds, however, you can use your favorite nuts as well. This Kheer recipe is perfect for the ongoing holy period of Ramadan. Ramadan is a time for reflection, spiritual growth and strengthening bonds with family and friends. For individuals observing the fast during this period, Sehri is a crucial meal consumed before sunrise that provides the necessary nourishment and energy, to keep you going. If you wish to include a unique dish in your Sehri menu, then this Orange Carrot Kheer is the perfect option. Do try this recipe, rate it and let us know how it turned out to be by leaving a comme...

Chart Check: Channel breakout could take this infra stock to fresh record highs https://ift.tt/bNXDY0v suggest that Larsen & Toubro (L&T) stock is on track to reach a fresh record high in the next 2-3 months, as it has managed to rebound from its 50-daily moving average on the charts. The stock showed positive momentum in the last month and broke out from a falling channel pattern on the charts, allowing it to inch towards the Rs 2400 levels. The stock is now trading above most short and long-term moving averages and has also received bullish indicators from the Relative Strength Index and MACD.

UK fined TikTok nearly USD 16 million for misusing children's personal data https://ift.tt/jY0FHJM has been fined almost $16m by the UK Information Commissioner's Office (ICO) for breaching data protection laws, including misusing children's data. The regulator estimated that more than one million users, under age 13, used the platform in contradiction of its own rules last year. The fine covers breaches committed between May 2018 and July 2020.

​5 IT stocks witnessing a short build-up ​ https://ifttt.com/images/no_image_card.png>> For more such web stories click on the ET icon below

​Top 5 Nifty companies by m-cap witnessing a long build-up​ https://ifttt.com/images/no_image_card.png>> For more such web stories click on the ET icon below

US stock market: S&P 500 ends lower as recession fears take center stage https://ift.tt/sNWjwyb stocks that kept the Dow Jones Industrial Average in positive territory, Johnson & Johnson rallied 4.5% after its $8.9 billion offer to settle talc-related lawsuits gained the support of thousands of claimants, easing an overhang on its plans to list consumer health unit Kenvue.

Adani Enterprises may enter Sensex, LTI Mindtree Nifty after HDFC's merger https://ift.tt/oj4rhgN included, LTI Mindtree will see an inflow of ₹1,400 crore or $170 million, while Adani Enterprises could see around ₹1,000 crore or $120 million worth of shares being bought by passive funds, said analysts.