GREAT EASTERN

Whether there is a 10% correction or a 30% crash, market to bounce back in 8-10 months: Rajat Sharma

Rajat Sharma, Founder & CEO of Sana Securities, discusses the market valuations, particularly on the Nifty, currently at 21.9. He believes India is a bright spot even in a potential market correction or crash. Sharma says that post election results, on 10th or 12th July we will have the Union Budget and post that, there would be some correction.

US Weather: Tornadoes likely to hit areas from Oklahoma to Great Lakes, temperatures to soar, situation to worsen

The US has been rocked by extreme weather conditions including Tornadoes. The country is experiencing contrasting weather in different parts.

Corporate actions this week: SBI, Tata Consumer Products to go ex-dividend, Bharat Dynamics ex-split & more

This week, SBI, Colgate-Palmolive (India), Oberoi Realty, Tata Consumer Products, and Sula Vineyard will go ex-dividend. Bharat Dynamics and Som Distilleries Breweries & Wineries will undergo a stock split, with other companies also set for corporate actions such as bonus issues and rights issues. On May 24, Tata Consumer Products (Rs 7.75/share), and Vedanta (Rs 11/share) will trade ex-dividend.

6 high dividend paying stocks with rising yields over 5 years

Dividends can be a great way of generating a stable source of income for the investors as these are paid on a regular basis irrespective of whether the companies’ share prices are performing good or bad.

Nalanda Capital sells 1.4 pc stake in Great Eastern Shipping for Rs 190 crore

Singapore-based Nalanda Capital through its arm Nalanda India Equity Fund Ltd sold shares of Great Eastern Shipping Co Ltd through a bulk deal on the BSE. As per the data, Nalanda India Equity Fund offloaded 20 lakh shares, amounting to a 1.4 per cent stake in Mumbai-based Great Eastern Shipping Co Ltd.

Great Eastern Shipping Company Q4 Results: Net profit rises 25% YoY to Rs 905 crore

The company's consolidated revenues during the quarter under review also rose to Rs 1,726.25 crore from Rs 1,550.27 crore in the year-ago period. The company's total expenses declined during the quarter to Rs 784.66 crore from Rs 853.22 crore in the year-ago period.

These 3 stocks close crossing below VWAP on April 19

World sees 'severe' coral bleaching event: US agency

The US NOAA reported a major coral bleaching event caused by warming oceans and climate change, with 2023 being the hottest year on record. Coral bleaching is becoming more frequent and severe, impacting coral reefs worldwide. The bleaching has been confirmed in at least 53 countries or territories, including the Great Barrier Reef and Florida's coral reef.

China says 'great positive progress' made to resolve border row with India

The relations between India and China have been frozen except for trade ties ever since the eastern Ladakh border standoff erupted on May 5, 2020, following a violent clash in the Pangong Tso (lake) area. The two sides have so far held 21 rounds of corps commander-level talks to resolve the standoff.

Market Trading Guide: Godrej Properties, Granules among 5 stock recommendations for Monday

Indian shares logged third straight weekly gains on Friday, led by financials. The S&P BSE Sensex closed 0.03% higher at 74,248, while the NSE Nifty50 index ended above the 22,500 level. "The near-term trend of Nifty remains positive and the ongoing range movement in the market is suggesting a possibility of sharp swing movement on either side. Hence a range expansion could be watched around 22600 and 22300 levels on either side. Therefore, a decisive move above 22600 levels could bring quick upside towards 22800 levels and a slide below 22300 levels is likely to open fresh round weakness from the highs," said Nagaraj Shetti of HDFC Securities. Here are 5 stock recommendations for Monday:

Shipping stocks surge up to 12% led by multibagger Mazagon Dock

Cochin Shipyard also hit its 52-week high of Rs 1,062 on the NSE, gaining 8% in the intraday trade. Garden Reach Shipbuilders shares remained unbeaten over the past three sessions, extending gains to 18%.

Full Worm Moon: How and when to witness the first Lunar Eclipse of 2024 in the USA

As the celestial calendar progresses, enthusiasts eagerly anticipate not one but two astronomical marvels in the coming weeks. While the upcoming Great North American Eclipse on April 8 commands attention, tonight offers a lunar prelude worth witnessing.

For moderate risk takers with long-term perspective: 5 midcap stocks with up to 47% upside potential

As the Dalal street continues to be in party mode with minor correction and sectoral profit booking taking place, staying bullish would appear to be the most logical thing at this point of time. Why fight against a trend? While staying bullish, just add an element of caution. When we use the word caution, we mean stay with quality and especially if one is increasing exposure in midcap at this point of time. Use more stringent filters to pick stocks and cut the element of noise from investing. Quality stocks pay both in bullish and bearish markets conditions.

For moderate risk takers with long-term perspective: 5 midcap stocks with up to 47% upside potential

As the Dalal street continues to be in party mode with minor correction and sectoral profit booking taking place, staying bullish would appear to be the most logical thing at this point of time. Why fight against a trend? While staying bullish, just add an element of caution. When we use the word caution, we mean stay with quality and especially if one is increasing exposure in midcap at this point of time. Use more stringent filters to pick stocks and cut the element of noise from investing. Quality stocks pay both in bullish and bearish markets conditions.

When 'traditional' ceremonies become refreshingly different

Actor Randeep Hooda's wedding to model Lin Laishram in a traditional Manipuri Meitei ceremony captured public attention. Social media buzzed with admiration for its uniqueness, sparking interest in Meitei customs. However, the overwhelming positivity revealed a lack of awareness about India's diverse rituals. The surge of appreciation mirrored historical Orientalism, showcasing how many Indians remain unfamiliar with the country's rich tapestry of traditions. This calls for a revival of regional customs amid the trend towards standardized weddings to preserve India's vibrant cultural diversity.

Chart Check: GE Shipping in an uptrend, breaks out from 15-year consolidation; time to buy?

Short to medium-term traders can look to buy the stock for a target of Rs 930 in the next 1-2 months, suggest experts.

Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus

Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools - earnings, fundamentals, relative valuation, risk and price momentum.

For calculated risk takers: 6 midcap stocks with right levels of RoE and upside potential of up to 44%

Despite the fact the valuations are high and there are many headwinds both in terms of geopolitical risk and central banks policy making, the correction which is taking place in the market is not of the same magnitude which in the past such mews flow has brought. So at one level while the correction is taking place but at the same time, the under current is still that of hope. In such times of divergence, it would be better to add the words like portfolio rejig, caution, fundamentals and valuations to one’s thought process while buying stocks. Refinitiv’s Stock Report Plus which lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".

India Inc braces for major boardroom shake-up

"India Inc. will witness a huge dearth of good and experienced independent directors next year," said Berjis Desai, a veteran lawyer and director on several boards. "There are about two dozen professionals who can actually bring value to the table but hundreds of boards will require experienced independent directors and hence we may see a mega churn in several boards," adds Desai, who is on the board of several companies including Great Eastern Shipping, Man Infraconstruction and Jubilant Foodworks among others.

Breakout Stocks: How Cochin Shipyard, Mazagon Dock and GE Shipping are looking on charts for Friday’s trade

Sectorally, buying was seen in capital goods, industrials, public sector, and banks while FMCG stocks saw some selling

State to plant one crore saplings on a single day: Assam CM

Assam Chief Minister Himanta Biswa Sarma has praised the Balipara Foundation's initiative to plant 1 billion trees in the North East region of India, as well as in Bangladesh, Bhutan, and Nepal. The initiative aims to raise $1 billion to restore and safeguard one million hectares of land across the Eastern Himalayas. The Chairman of Balipara Foundation, Ranjit Barthakur, described the initiative as a significant conservation effort for South Asia.

4 mid & small cap stocks from different sectors with right levels of RoE and upside potential up to 24 %

When valuations are high and sentiments are bullish, it would be better to add the word “ caution” to your portfolio. Now how does one do it ? By putting some quantitative parameters when making a decision to buy a stock. Refinitiv’s Stock Report Plus which lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “hold” or “buy” or "strong buy".