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Showing posts from January, 2021

Buy ICICI Bank, target price Rs 700: Motilal Oswal

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ICICI Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 370728.34 Crore). from Stocks-Markets-Economic Times https://ift.tt/36ukDh3

5 stocks that may deliver up to 16% returns in next few weeks

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from Stocks-Markets-Economic Times https://ift.tt/3oBrviD

India Budget: Here's what the middle class wants from FM Sitharaman

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India Budget: Here's what the middle class wants from FM Sitharaman from News - Videos - The Times of India https://ift.tt/2Lc80zK

Goldman sees hedge fund exposures close to records, ongoing sell-off risk after GameStop swings

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Funds in their coverage sold long positions and covered shorts in every sector," the investment bank wrote in a note late Friday. from Stocks-Markets-Economic Times https://ift.tt/2NU1IWo

Analysis: To the brink and back on GameStop - Wall Street vs Reddit

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The experience of this manager and a handful of others interviewed by Reuters over the last days, who all requested anonymity for fear of personal threats from retail investors, is a keyhole into a week of losses on Wall Street they say was far worse for them than last year's historic pandemic sparked sell-off. from Stocks-Markets-Economic Times https://ift.tt/2NU1Ghe

Wall Street gears up for second bout against Reddit traders

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Some of Wall Street's largest hedge funds are still licking their wounds after retail traders sought to drive up the prices of stocks that were heavily bet against, resulting in large losses for major investors. from Stocks-Markets-Economic Times https://ift.tt/3j6OX68

Asia shares try to rally, retail crowd catches silver bug

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MSCI's broadest index of Asia-Pacific shares outside Japan recouped early losses to rise 0.7%, bouncing after four straight sessions of losses. from Stocks-Markets-Economic Times https://ift.tt/3ajePI8

How did India's Big Pharma fare in the December Quarter?

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Sun Pharma reported its highest-ever quarterly sales, and Cipla posted the highest-ever Ebitda margin in the company's recent history. Lupin's Ebitda margin improved for the fourth consecutive quarter. from Stocks-Markets-Economic Times https://ift.tt/39AJ3qR

SGX Nifty up 15 points; here's what changed for market while you were sleeping

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Asian shares rose on Monday, shrugging off a selloff in US stocks on Friday. Stocks jumped despite worries that problems with vaccine rollouts combined with new strains of COVID-19 will delay a global economic recovery. from Stocks-Markets-Economic Times https://ift.tt/3agB6q2

Budget 2021: Govt may spend big to push growth

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It has been billed as a Budget like never before, triggering expectations that the government will open the purse strings to nurse the Covid-hit economy back onto a robust growth trajectory with a massive fiscal push. from Stocks-Markets-Economic Times https://ift.tt/3oDgLAp

Fingers crossed: Dalal Street on the edge

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As it happens ahead of every Budget, this time too market players are keeping their fingers crossed. The FM had said earlier that this fiscal event would be unlike anything that was seen in a century. from Stocks-Markets-Economic Times https://ift.tt/2MEEPFU

Stocks in the news: ICICI Bank, PVR, DLF, Kansai Nerolac, SJVN and IndusInd Bank

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MRPL, Mastek, Subex, Reliance Infra, Reliance Capital and Rane Brake Lining are among major companies which will announce their December quarter results today. from Stocks-Markets-Economic Times https://ift.tt/3oBhwtF

View: It’s important to get real about what Budget can and cannot do

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For starters, remember the budget is really a statement of GoI’s receipts and expenditure for the current year, and an estimate of receipts and expenditure for the next fiscal. It is not a magic wand that can dramatically set all our economic ills right. Two, it is the budget of the Union government. from Stocks-Markets-Economic Times https://ift.tt/3pAQgwF

Gallery: The best photos from around the world

The best photos from the international wire agencies as chosen by our picture editors from Sydney Morning Herald - World https://ift.tt/2YtPplL

Budget: Know what is long and short term capital gains tax

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Budget: Know what is long and short term capital gains tax from News - Videos - The Times of India https://ift.tt/39BywvH

Darshan at Shree Somnath Temple, First Jyotirlinga, 1-Feb-2021

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Darshan at Shree Somnath Temple, First Jyotirlinga, 1-Feb-2021 from News - Videos - The Times of India https://ift.tt/2MLwsYT

Union Budget: Numbers to watch out for

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Union Budget: Numbers to watch out for from News - Videos - The Times of India https://ift.tt/2MI9pyp

Mommy help!: This 6-year-old is looking for a wife

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Mommy help!: This 6-year-old is looking for a wife from News - Videos - The Times of India https://ift.tt/39Bu2Fn

Tech Views: 13,800 is the make-or-break level for Nifty

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Technical analysts said the Nifty, which closed down 1.3% at 13,634.60, is expected to face resistance at 13,800 and head to 14,000-14,200 if that level is crossed. If the index breaks below 13,400-13,500, it may head down to 13,100-13,300, they said. from Stocks-Markets-Economic Times https://ift.tt/3aniKUi

Israel enlists social media stars to win over Arab audiences

One Facebook post juxtaposes glamorous photographs from Saudi Arabia and the UAE with the ruins of Arab countries where Iran’s proxies wield influence, such as Syria and Iraq. from Sydney Morning Herald - World https://ift.tt/3ap6PoS

Bulls & the Budget: Will markets end losing streak?

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In 2018, it declined 6 per cent in the month while the loss in the benchmark index in 2019 over a similar period was 7 per cent. Last year, the Sensex fell 4 per cent in the month after the budget. from Stocks-Markets-Economic Times https://ift.tt/3pB2qpt

Myanmar leader Aung San Suu Kyi detained

Myanmar leader Aung San Suu Kyi and other senior figures from the ruling party have been detained in an early morning raid, amid escalating tension between the civilian government and the military. from Sydney Morning Herald - World https://ift.tt/3cu32ts

Watch: People celebrate 'tribal week' in Coimbatore

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Watch: People celebrate 'tribal week' in Coimbatore from News - Videos - The Times of India https://ift.tt/3crey8C

Dogecoin plunges after rally, sparking outcry on Reddit

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The digital coin is down 46% in the last 24 hours and was at $0.02582 as of 4:35 p.m. in New York on Saturday, according to CoinMarketCap data. from Stocks-Markets-Economic Times https://ift.tt/3j4xmvD

A Reddit Army descends on hedge funds chained by risk models

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Just why were the institutional pros forced to downsize their market exposures at the fastest pace since pandemic-spurred March rout? from Stocks-Markets-Economic Times https://ift.tt/3ahiE0p

Gallery: The best photos from around the world

The best photos from the international wire agencies as chosen by our picture editors. from Sydney Morning Herald - World https://ift.tt/36rV3ZI

Mann Ki Baat: PM Narendra Modi addresses the nation

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Mann Ki Baat: PM Narendra Modi addresses the nation from News - Videos - The Times of India https://ift.tt/3tmf3XQ

Howard Marks calls GameStop episode ‘mob behaviour’, sees no systemic risk

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Shares of GameStop have become the hottest topic in global financial markets after some retail traders, part of a Reddit group called ‘WallStreetBets’, organised a concerted buying that triggered a large-scale short squeeze. from Stocks-Markets-Economic Times https://ift.tt/3crvewT

Fed's Kaplan: We are 'not anywhere close' to QE taper

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Before reducing the pace of those purchases, Kaplan said, he would want to see “evidence that we’ve weathered the pandemic,” including a decline in Covid-19 cases and hospitalisations. from Stocks-Markets-Economic Times https://ift.tt/36sz2Kv

Nine of 10 most valued firms take over Rs 3.96 lakh cr hit in m-cap; RIL biggest loser

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Only ICICI Bank managed to witness addition in its market valuation the holiday-truncated last week. Its valuation rose by Rs 2,397.43 crore to Rs 3,70,773.35 crore. from Stocks-Markets-Economic Times https://ift.tt/39wk87Q

GameStop's 'Reddit rally' puts scrutiny on social media forums

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Critics have emerged, accusing social media users of manipulating markets unlawfully by pumping shares of weak companies. from Stocks-Markets-Economic Times https://ift.tt/2MhnmDm

Billionaire Steve Cohen quits Twitter, citing threats in GameStop uproar

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The small investors, connected on social media, mobilized to take on institutional short sellers of GameStop and other shares, sparking a short squeeze that sent those stock prices surging. from Stocks-Markets-Economic Times https://ift.tt/39D1onv

Sensex's rough ride may continue after Budget, shows history

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History shows the recent rough ride for Indian stocks will continue after Monday’s Budget. from Stocks-Markets-Economic Times https://ift.tt/3aynJlp

WHO teams visits Wuhan food market in search of virus clues

The team members were seen walking through sections of the Baishazhou market — one of the largest wet markets in Wuhan — surrounded by a large entourage of Chinese officials and representatives. from Sydney Morning Herald - World https://ift.tt/2Ys6qg0

Myanmar military denies it was threatening a coup

Political tension in the south-east Asian nation soared this week after a spokesman for the military said a coup could not be ruled out if military complaints of widespread voting fraud in last November’s election were ignored. from Sydney Morning Herald - World https://ift.tt/36rWFms

India not easy place to invest, but has great upside potential, says Carlyle’s Rubenstein

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Rubenstein said the lack of competition in the private equity space in India makes the country more attractive. from Stocks-Markets-Economic Times https://ift.tt/3r7Nwax

Thousands flee Hong Kong for UK, fearing China crackdown

Thousands of Hong Kongers have already arrived in Britain to take up new citizenship rights, driving estimates that hundreds of thousands might eventually flee China’s rule. from Sydney Morning Herald - World https://ift.tt/39xWJmq

Drill some sense into PM Modi: Digvijay Singh to Sharad Pawar

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Drill some sense into PM Modi: Digvijay Singh to Sharad Pawar from News - Videos - The Times of India https://ift.tt/3oybeet

Budget 2021, RBI policy among key factors that may move market this week

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The Union Budget and its announcement will remain the biggest focus point for the market as investors hope that the government will deliver a pro-cyclical stimulus to further strengthen the ongoing economic recovery. from Stocks-Markets-Economic Times https://ift.tt/3r7jtQl

Darshan at Shree Somnath Temple, First Jyotirlinga, 31-Jan-2021

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Darshan at Shree Somnath Temple, First Jyotirlinga, 31-Jan-2021 from News - Videos - The Times of India https://ift.tt/3alzLOz

Farmer leaders' refuse PM's offer to suspend farm laws, release statement

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Farmer leaders' refuse PM's offer to suspend farm laws, release statement from News - Videos - The Times of India https://ift.tt/2Ma6nTJ

Trump loses lead impeachment lawyers a week before trial

Former President Donald Trump has parted ways with his lead impeachment lawyers, raising doubts about the strategy of his defence team. from Sydney Morning Herald - World https://ift.tt/3aifeuj

Macron defends decision not to order third lockdown as it closes border

President Emmanuel Macron defended his decision to hold off on a third lockdown, telling the public he had faith in their ability to rein in COVID-19 with less severe curbs from Sydney Morning Herald - World https://ift.tt/3cqw2SP

Putin’s former judo partner claims he owns palace linked to Russian leader

Kremlin critic Alexey Navalny and his anti-corruption foundation have alleged the opulent mansion belonged to President Vladimir Putin. from Sydney Morning Herald - World https://ift.tt/2MG2ohz

EU officials admit ‘blunder’ in vaccine showdown with Britain

EU officials confessed on Saturday to a “blunder” in invoking Northern Ireland Brexit emergency powers during a showdown with Britain over vaccines. from Sydney Morning Herald - World https://ift.tt/2MiTiHE

Ten-year-old makes thousands of dollars from $60 GameStop investment

The 10 year old is an unlikely beneficiary of the GameStop craze, making more than 5000 per cent on a share gift. from Sydney Morning Herald - World https://ift.tt/2YspH0H

ETMarkets Investors' Guide: Hiren Ved on how market will react to any new taxes in Budget

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from Stocks-Markets-Economic Times https://ift.tt/39uMUWs

Shree Cement Q3 results: Net profit zooms 102% YoY to Rs 626 crore

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Analysts had expected the company to report a net profit of Rs. 535.4 crore on an estimated revenue of Rs. 3,245.6 crore. from Stocks-Markets-Economic Times https://ift.tt/2MyTqCC

Martyrs Day: Congress and BJP workers pay tribute to Mahatma Gandhi in Bhopal

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Martyrs Day: Congress and BJP workers pay tribute to Mahatma Gandhi in Bhopal from News - Videos - The Times of India https://ift.tt/3owMnYy

Wall Street Week Ahead: Sideshow or main event? GameStop stock ride weighed as bubble warning

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GameStop shares closed up 400 per cent for the week after the video game chain's stock became a battleground between retail traders and Wall Street professionals, a tussle that captivated investors the world over. from Stocks-Markets-Economic Times https://ift.tt/3oAtKmi

Which financial, valuation ratios should you look at while picking realty stocks

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The sector has witnessed positive sentiment among home buyers, not only from end-user perspective but also from long-term investors. from Stocks-Markets-Economic Times https://ift.tt/39sHATv

D-Street is actually looking for a reasonably conservative Budget

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Understandably, equity markets have become jittery ahead of the Budget, as even a small tinkering with the taxes, especially any increase in capital gains, or even personal income-tax, will be a negative surprise for the market. from Stocks-Markets-Economic Times https://ift.tt/2NO83CK

Robinhood says it temporarily curbed buying of some securities as deposit requirement increased ten-fold

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Robinhood's fee-free and simple-to-use app has made it popular with a new generation of small-time traders and its restrictions on Thursday drew a heavy backlash from high-profile politicians and celebrities. from Stocks-Markets-Economic Times https://ift.tt/36rsZpr

View: Cry, cheer or ignore - what should Indian investors do about what is happening to GameStop? Be afraid

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Applying such a low discount rate to the stream of future earnings of a company to determine its current value leads to the impression that high price-to-earning ratios are perfectly rational. from Stocks-Markets-Economic Times https://ift.tt/39yckSY

Budget 2021: What individual sectors are looking for from Finance Minister

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​After contracting sharply in the first half of 2020-21, India’s GDP is expected to bounce back in the third and fourth quarters. While several sectors of the economy have showed signs of revival, most other still remain adversely affected and are yet to get back on their feet. from Stocks-Markets-Economic Times https://ift.tt/3ckOgFf

‘Escalating nuclear crisis’: US national security adviser sends bleak warning on Iran

Jake Sullivan says returning to the 2015 Iran nuclear deal was a priority for the new Biden administration. from Sydney Morning Herald - World https://ift.tt/3cpm6sM

Hold your horses on Dalal Street. Budget can turn the tide either way

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As the market is light now, a blockbuster Budget might re-ignite the animal spirits on the bourses and revive the buoyancy. However, if the Budget isn’t well received by D-Street, then the bruises will also be sharp, as volumes are currently low due tough margin requirements. from Stocks-Markets-Economic Times https://ift.tt/3iYRcsp

View: The many bold and refreshing perspectives of Economic Survey 2021

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The Survey seems to indicate that the government can stay with higher fiscal deficit to push growth. It suggests that growth leads to debt sustainability in the Indian context. from Stocks-Markets-Economic Times https://ift.tt/2M7OhBL

India’s cryptocurrency bill catches industry off-guard; investors nervous

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Industry watchers said the government’s definition of ‘private’ could imply that any digital currency that is not sovereign could be seen as a ‘private’ currency, including Bitcoin. from Stocks-Markets-Economic Times https://ift.tt/3ahZjfv

Short sellers face end of an era as rookies rule Wall Street

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​The biggest casualty came Friday, when Andrew Left’s Citron Research said it will discontinue offering short-selling analysis after 20 years of providing the service. from Stocks-Markets-Economic Times https://ift.tt/2L64K90

Future Group on firm legal footing, says Kishore Biyani

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"For reasons we never believed earlier but quite evident today, this battle is about ownership of the Indian customer at any cost. The stated and evident policy of vexatious litigation and harassment makes one wonder about the similarity in ruthless ambition to scorch the earth akin to the Greek Alexander - after all, they are inspired to name their product as Alexa," he wrote adding that Alexander conquered large parts of the world but failed in India. from Stocks-Markets-Economic Times https://ift.tt/3r2UBsN

US slams Chinese flights over South China Sea

A US official, speaking on condition of anonymity, said the Chinese aircraft did not come within 460 km of the US Navy vessels. from Sydney Morning Herald - World https://ift.tt/3pBUGDC

Stock frenzy echoes anti-establishment anger behind Trump rise, analysts say

Analysts see parallels between what’s taking place on Wall Street and the streak of populism that powered Donald Trump’s rise to political power. from Sydney Morning Herald - World https://ift.tt/3r5HOWM

Farmers' protest: Clashes at Singhu border as 'locals' ask agitators to leave area

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Farmers' protest: Clashes at Singhu border as 'locals' ask agitators to leave area from News - Videos - The Times of India https://ift.tt/3t9xKOh

Darshan at Shree Somnath Temple, First Jyotirlinga, 30-Jan-2021

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Darshan at Shree Somnath Temple, First Jyotirlinga, 30-Jan-2021 from News - Videos - The Times of India https://ift.tt/3owllk2