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ET Intelligence Group: The sharp improvement in the operating margin of Jaguar Land Rover (JLR) in the September quarter may rekindle investor interest in Tata Motors in the near term. The second-quarter performance could result in an earnings upgrade driven by the reset of margin expectations at UK subsidiary JLR. But analysts are likely to have
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IndiGrid powers ahead with Q2 EBITDA up by 84% q-o-q
Mumbai: IndiGrid, India's first power sector infrastructure investment trust (InvIT), has reported a consolidated revenue of Rs 373 crore for the quarter ended September 30, up 81 per cent quarter-on-quarter while the consolidated EBITDA (earnings before interest, tax, depreciation and amortisation) was Rs 347 crore up 84 per cent.

The board of

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Mumbai: State Bank of India’s profit surged more than threefold in the September quarter from the year earlier, boosted by treasury gains, including earnings from the sale of part-stake in its life insurance venture, while corporate lending remained a laggard.

The bank forecast that additional provisioning and thorough loan approval processes will

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Samvat 2076: Sensex rallies 192 points, Nifty tops key 11,600 level
Mumbai: Investors and stock brokers looked forward to the new lunar year, or Samvat 2076, with a dash of optimism on Sunday, muhurat trading day. The Sensex opened up 339 points, or 0.8%, then pared some of its gains to close at 39,250, up 192 points, or 0.5%, in the special hourlong Diwali trading session. The Nifty gained 44 points, or 0.4%, to
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New Samvat will be a year of midcaps smallcaps; stock picking will be key
Mumbai: Samvat 2076 may be a year of the midcap and smallcaps, as value has started emerging after this pack underperformed for two consecutive Samvats in 2075 and 2074, say analysts.

However, identifying the right stocks in this space would be the key.

In Samvat 2075, while the 30-share BSE Sensex rose 11 per cent, BSE Midcap index dropped 2.1

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PNB Housing shares surge on better than expected Q2 numbers
PNB Housing Finance shares rose to an intra-day high of Rs 558 in Friday’s trade before closing up 10% at Rs 490.90 after the company reported a less-than-expected rise in bad loans even as analysts predicted a deterioration in asset quality for the entire sector in the next few quarters. The broader Sensex closed up 37.67 points at 37058.

Asset

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Dalal Street has just had a solid start to Vikram Samvat 2076. And Tata Motors was the biggest gainer of the day, rising 18 per cent in the one-hour session after Tata Sons stepped in to help the automaker with a Rs 6,500 crore booster.

At the day’s high, Sensex was up 344 points at 39,402.

Infosys was the other stock that shone, as investors

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Familiar ghosts await D-Street in new Samvat, it can get painful
Familiar ghosts could be haunting marketmen in the new Samvat year ahead. A collapse of the trade talks between the US and China, prolonged economic slowdown, a possible global recession, liquidity crunch and continued weak corporate earnings back home are some of the key risks that may negatively affect the domestic equity market in Samvat 2076,
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Mumbai: Tata Motors on Friday reported a narrower loss for the second fiscal quarter, on the back of a significant improvement at its marquee Jaguar Land Rover business which is witnessing a recovery in China and as a cost-cutting programme began to deliver results.

India’s largest automobile company by revenue posted a consolidated loss of Rs

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Some bad stocks spoilt the entire lot: Many may not recover in 5-10 years
I am not in the camp who say this has happened for the first time in 20 years or 30 years. I don't think there was anything abnormal in whatever had happened. It is typically a repeat of what happens after every euphoria. You can say 100 shares fell 90-95%. To know the truth, you need to rewind the clock little bit and see what had happened
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The best asset mix you can opt for in the new Samvat year aheadThe best asset mix you can opt for in the new Samvat year aheadThe best asset mix you can opt for in the new Samvat year ahead
The best asset mix you can opt for in the new Samvat year ahead
The best asset mix you can opt for in the new Samvat year aheadThe best asset mix you can opt for in the new Samvat year aheadThe best asset mix you can opt for in the new Samvat year ahead
The best asset mix you can opt for in the new Samvat year ahead
Most brokerages and research houses have recommended high exposure to equities to young risk-taking investors in the new Samvat year ahead, as they see most alpha generation in that asset class. Some allocations to bank fixed deposits/debt and gold are also being advised.

Asset allocation is important, as it can insure a portfolio against

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Piramal Enterprises board okays $770 million fundraise
The Piramal Enterprises (PEL) board approved a plan to raise Rs 5,400 crore ($770 million) through a combination of preferential allotment to Canadian pension fund CDPQ and a rights issue but the move failed to assuage investor concerns — the stock fell 8% — over exposure to weakened corporate lenders and developers that have borrowed from its non
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In the previous weekly note, we had mentioned about the possibility of Nifty consolidating in a defined range with limited upside potential.

While trading as anticipated, Nifty spent a significant part of the week encountering resistance and consolidating near the 11,700 level. While continuing to stay above the critical supports, the headline

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Seven of top-10 firms add Rs 76,998 cr in m-cap; TCS biggest gainer
New Delhi: The combined market capitalisation of seven of the 10 most valued Indian firms advanced by Rs 76,998.4 crore last week, with TCS leading the chart.

Reliance Industries Limited (RIL), HUL, HDFC, ITC, ICICI Bank and SBI were the other firms which witnessed a jump in their market valuation for the week ended Friday, while HDFC Bank, Kotak

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Gallagher buys small stake in Edelweiss arm

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ICICI Q2 profit drops on tax expenses; operating profit up 24%
MUMBAI: ICICI Bank's net profit dropped 28% to Rs 655 crore in the quarter ended September 2019 from Rs 909 crore a year ago because of higher tax expenses as the bank chose to take a one-time additional charge due to re-measurement of accumulated deferred tax to move to a lower tax rate of 25% as allowed by the government.

Tax expenses increased

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Samvat 2075 was a year of DIIs: SIP flows helped cushion FII outflow hitSamvat 2075 was a year of DIIs: SIP flows helped cushion FII outflow hitSamvat 2075 was a year of DIIs: SIP flows helped cushion FII outflow hit
Samvat 2075 was a year of DIIs: SIP flows helped cushion FII outflow hit
Samvat 2075 was a year of DIIs: SIP flows helped cushion FII outflow hitSamvat 2075 was a year of DIIs: SIP flows helped cushion FII outflow hitSamvat 2075 was a year of DIIs: SIP flows helped cushion FII outflow hit
Samvat 2075 was a year of DIIs: SIP flows helped cushion FII outflow hit
A continuous flow of money from retail investors into domestic mutual funds through systematic investment plans (SIPs) helped domestic institutional investors (DIIs) cushion a bigger fall in domestic equity in Samvat 2075.

In last one year since last Diwali, DIIs poured in a net Rs 53,000 crore into the domestic stock. They were net sellers in

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Analysts downgrade Havells as Lloyd numbers disappoint
Mumbai: Analysts have cut Havells India’s earning per share (EPS) estimates for 2020-21 by 8-12 per cent and downgraded the stock to factor in lower revenue growth and margin assumptions.

The company reported lower revenue growth for the third consecutive quarter for July-September as revenues of Lloyd Electric and Engineering, which it had

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Pfizer Q2 up 61% to Rs 154.25 crore

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The domestic stock market had a mixed bag during the week gone by, with investors flocking in and out of stocks amid the state assembly elections.

The Brexit deal was no peacemaker either, as Britain’s ruling party couldn’t reach the intended conclusion, which caused certain stocks to react negatively. FPIs and DIIs were marginally net-sellers in t

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MUMBAI: Tata Sons will infuse Rs 6,500 crore into Tata Motors as part of a Rs 10,000-crore fundraising by the automaker, a move that is aimed at building investor confidence in a company that has seen erosion in its market value and downgrades by global ratings firms.

Tata Motors will allot preferential shares and warrants to the promoter at Rs

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One-time DTA hit impacts ICICI Bank Q2 profit: Key takeaways
MUMBAI: Private lender ICICI Bank on Saturday posted a nearly 28 per cent year-on-year (YoY) drop in the September quarter net profit at Rs 645.96 crore on account of one-time additional charge on re-measurement of accumulated deferred tax. However, the bank's asset quality improved for the quarter.

It had posted a net profit of Rs 908.88 crore in

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By DK Aggarwal

In a market dominated by investors and traders who are in a hurry to make money, have old ways of valuing and investing stocks stopped working?

Both investors and traders want to make money, but traders actually want to make a quick buck. They try to profit from short-term gains in stock price fluctuations depending on demand, supply

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NEW DELHI: The Supreme Court has instructed telecom companies to deposit the dues sought by the government in three months in accordance with the court’s Thursday order backing a broader definition of adjusted gross revenue (AGR).

“We give (telecom companies) three months’ time to deposit the amount, which is due and compliance be reported,” said

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PE investments in real estate up 19% to USD 3.8 billion in Jan-Sept: Anarock
New Delhi: Private equity investments in the domestic real estate sector rose by 19 per cent to USD 3.8 billion during January-September 2019, mostly in commercial properties, according to Anarock.

Private equity investments were over USD 3.2 billion in the year ago period, the consultant said in a statement.

Commercial real estate received close

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By Olga KharifBitcoin surged as much as 18%, recovering from the the lowest levels since May, amid a general risk-on rally in financial markets.

As is usually the case in cryptocurrencies, traders cited a bevy of reasons, from speculation that prices were being pumped ahead of the expiration of some weekly call options to the arbitrage of prices

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EU agrees Brexit extension but sets no date as UK squabbles over election
BRUSSELS: The European Union agreed on Friday to London's request for a Brexit deadline extension but set no new departure date, giving Britain's divided parliament time to decide on Prime Minister Boris Johnson's call for a snap election.

"There was full agreement on the need for an extension," an EU official said after ambassadors to the 27

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ICICI Bank Q2 profit falls 28% YoY to Rs 655 crore; asset quality improves
ICICI Bank on Saturday posted a 27.90 per cent year-on-year (YoY) fall in net profit at Rs 654.96 crore for the quarter ended September 2019. It had posted a net profit of Rs 908.88 crore in the same period last year.

“Excluding the impact of one-time additional charge due to re-measurement of accumulated deferred tax, profit after tax would have b

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By Justina Lee and Sarah PonczekBeneath the din of earnings, clanging economic alarms and the blare of a political circus, US investors are quietly rediscovering their nerve.

With the S-P 500 just touching a record, it may sound odd to suggest there was a lack of confidence to begin with. But gains this year have been built on caution as

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US says close to finalizing parts of US-China trade deal: Report
WASHINGTON: U.S. and Chinese trade officials are "close to finalizing" some parts of an agreement after high-level telephone discussions on Friday, the U.S. Trade Representative's office said, adding that deputy-level talks would proceed "continuously."

In a statement issued after the call, the USTR provided no details on the areas of progress.

"Th

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