EDELWEISS BROKING STOCK
Hungry for returns, investors SIP on stocks
Retail investors surged on Dalal Street, with 15 crore demat accounts. Mutual fund folios reached 11 crore, while equity assets grew. SIPs rose to Rs 19,000 crore amidst foreign fund selloffs, supported by financialisation of savings and digitisation.
Ambani’s Jio can disrupt India fund distribution, says Edelweiss' Radhika Gupta
Competition has been intensifying in the mutual fund space with the entry of new players, led by Jio Financial Services Ltd., the Reliance arm which announced a joint venture with BlackRock to set up an Indian asset management venture. The conglomerate owned by Asia’s richest man, Mukesh Ambani, seeks to propel Jio Financial to become one of the biggest shadow banks in the country and disrupt the financial services space.
Nuvama Wealth Listing: Shares hit 5% lower circuit following debut at Rs 2,750 on NSE
Ahead of the listing today, Digant Haria, GreenEdge Wealth told ETMarkets that Nuvama Wealth certainly deserved a look because wealth management as a space is expanding and the good part about wealth management is that it is agnostic to products.
Stocks to buy or sell today: 4 short-term trading ideas by experts for 8 May 2023
The Indian market is set to consolidate on Monday in line with mixed global cues. While the Nifty50 managed to maintain 18000 levels on Friday, the S&P BSE Sensex fell almost 700 points. On the options front, the maximum call OI lies at 18200 and then 18300 strikes while the maximum put OI lies at 18100 and then 17900 strikes. Options data suggests a trading range of 17700 to 18500 zones, while the immediate range is 17900 to 18300 zones. Brokerage firm recommendations include selling Jindal Steel and Canara Bank, as well as buying L&T Finance Holdings and Intellect Design Arena.
Ashish Kacholia adds 3 new stocks to his portfolio, raises stake in 2 others in Q4
Ace investor Ashish Kacholia increased his stake in Garware Hi-Tech Films and Knowledge Marine & Engineering Works during the March quarter, while adding three new stocks to his portfolio. Kacholia's new holdings include Aditya Vision, Inflame Appliances and Virtuoso Optoelectronics, all acquired during Q1 2021. Kacholia publicly holds 44 stocks, with his overall net worth standing at over Rs 1,855 crore ($253m). Kacholia co-founded Hungama Digital with Rakesh Jhunjhunwala in 1999 and started building his own portfolio in 2003.
Venus Pipes shares zoom 10%, hit 52-week high as Ashish Kacholia picks stake
The stock was trading 6.88% higher at Rs 839.40 on BSE. It hit a fresh 52-week high of Rs 867.55 today.Kacholia did not have any holding in Venus Pipes at the end of the December 2022 quarter according to the shareholding pattern available on exchanges. The March quarter shareholding data is yet to be published
- Go To Page 1
SC extends stay on HC order quashing Yes Bank's AT-1 bonds write-off
However, the apex court sought response from finance ministry, Reserve Bank of India, Sebi, stock exchanges and others on two separate but identical appeals filed by the banking regulator and Yes Bank against the HC's January 20 order.
Ashish Kacholia takes part in Orbis Financial's Rs 111-crore fundraising
The company is also the custodian for institutional investors with forward looking services designed and customised to equip mutual fund houses, foreign portfolio investors, institutional investors, family offices, HNIs across segments to efficiently manage their operations.
4 defence sector stocks with up to 32% upside potential
Government support, higher defence expenditure, robust exports and huge order books to drive performance of defence companies in future.
Investors stock up on SMEs, make big bucks
The article discusses how there has been an increase in interest in small businesses (sme) stocks, which have been doing better than larger companies. There has been a shift in investor interest away from stocks on the main board of the stock exchanges, which are typically more expensive and have higher risks, and towards stocks on the smaller and mid-sized exchanges.
Analysts cut HPCL's earning and price targets
Shares of the state-owned oil and gas refining company closed at ₹203.65 apiece on the BSE, down 3.51% from the previous close. Analysts, on aggregate, have set a price target of ₹251.45 per share over the next 12 months compared with ₹270.14 earlier.
ETMarkets Survey | Bulls all set to ride Nifty50 above 18,000 in November
Nifty50 is expected to remain above the 18,000 mark and Sensex above the 60,000 level at the end of November, according to a survey conducted by ETMarkets with 15 brokerages. On Monday, Nifty50 and Sensex ended above the 18,000 level and 60,000 mark respectively, for the first time since September 14. Nifty50 has risen 5.5% in October after having lost nearly 4% in September.
Govt's loan scheme gives the wings to SpiceJet stock
The stock closed at ₹41.85 after rising as much as 9.1% to hit the day's high of ₹42.50. More than 10.5 million shares exchanged hands on the BSE and NSE compared with a one-month average daily volume of 2.31 million shares on both exchanges, Bloomberg data showed.
Stocks to buy or sell today: 8 short-term trading ideas by experts for Monday 26 September 2022
“The global macro construct is not favourable for equity markets in the short run. The dollar index above 113 and the US 10-year yield at 3.73 % is likely to aggravate FPI outflows which have been gathering momentum during the last 3 days,” Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said.
Defence stocks rally up 19% after Indian Army proposal; brokerages see more upside
The process will be based on compressed timelines, wherein the procurement window will be open to the Indian industry for six months and the industry would be expected to deliver equipment within one year of signing the contract, it said.
Stocks to buy or sell today: 10 short-term trading ideas by experts for 12 September
The highest new open interest (OI) addition was seen at 18,000 for Calls and 17,000 for Puts in weekly and at 18,000 for Calls and 16,000 for Puts in monthly contracts. Hence, 18,000 will act as a crucial resistance level.
Can this footwear stock deliver solid returns after 3x jump in Q1 sales?
Ambit Capital has a 'sell' rating on the stock, with a price target of Rs 1,312. HDFC Securities sees it at Rs 1,400. Edelweiss Wealth has 'buy' on the counter with a target of Rs 2,365. Dalal & Broacha Stock Broking said downside is limited and long-term investors should hold, as it finds the stock Rs 2,001 worthy. Centrum sees it at Rs1,944 while Nirmal Bang Institutional Equities at Rs 2,240.
Digant Haria on 2 bank stocks that may play catch up as FIIs return
“China is slowing down and we have a six-nine months’ breather before inflation spikes again. That is why the markets are partying. For Indian investors, it is best to be domestically focussed because falling inflation helps us and the domestic economy is completely opening up. All these stocks in FMCG or food sector, banks, autos should perform well.”
Ahead of Market: 10 things that will decide stock action on Wednesday
“A sustainable move above 17,550 levels could be considered as an upside breakout of the range and that could pull Nifty towards the next important resistance of 17,800-17,900 levels in the near term. Immediate support is placed at 17,430 levels.”That said, here’s a look at what some key indicators are suggesting for Wednesday’s action
Nifty rally may hit a hurdle around 17,550
Nifty has seen a rally of 15% from mid-June low of 15,183 to this week’s high of 17,490 in the last 7 weeks. It has reached key resistance and retracement level in the region of 17,400-17,490 and is facing resistance.
This Dolly Khanna stock is down 24% in 4 days but analysts see up to 80% upside
The scrip on Wednesday traded at Rs 533.65, up 0.88 per cent, but only after falling 24 per cent in the previous four sessions. Brokerage Prabhudas Lilladher said healthy revenue growth was offset by adverse margins.Seasoned investor Dolly Khanna owned 1,081,526 shares or 1.2 per cent stake in this company as of June 30.
RK Damani's DMart may report multifold rise in profit on Saturday
Growth momentum will be impacted by slowdown and high inflation while margins may remain under pressure led by operating cost of DMart Ready business and inferior mix due to higher inflation, YES Securities said.
Edelweiss Broking to raise up to Rs 300 crore via NCDs
The NCDs carry fixed coupons ranging from 8.75 per cent to 9.95 per cent per annum and have four tenors 24 months, 36 months, 60 months and 120 months, with various interest payment options like monthly, annual and cumulative.
ETMarkets Trade Talk: From father's trading terminal to D-Street, glimpses into Sonam Srivastava's journey as a stock trader
Starting a career in quant and trading as a woman was not unheard of but was unique when I started. Fortunately, I got the best breaks with outstanding mentors in the early part of my career and got hooked on the experience of investing, where rewards quickly follow a genuine effort.
Buy CSB Bank, target price Rs 344: Edelweiss
CSB Bank Ltd., incorporated in the year 1920, is a banking company (having a market cap of Rs 4405.67 Crore).
Edelweiss Group Q2 results: Firm returns to profit; says assets mgmt & broking to drive growth
Rashesh Shah, chairman of Edelweiss Group, told PTI on Friday that had it not been for the Rs 60-crore loss from the insurance verticals (Rs 30 crore each from each insurance business) net income would have been Rs 113 crore.
Buy HPCL, target price Rs 360: Edelweiss
Hindustan Petroleum Corporation Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 47152.55 Crore) operating in Gas & Petroleum sector.
Mumbai-based brokerage house accused of swindling crores
A senior official said the National Stock Exchange (NSE) received several complaints in the last three days, but added it was too early to give an estimate of the alleged fraud.
D-Street buzz about DMA spooks broking firms, stocks tank up to 8%
Under the DMA, investors will be able to trade directly from the exchange instead of going through stockbrokers. This may result in a drop of brokerage revenue.
Load More
