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ICICI Bank, Axis Bank are like pseudo private banks: Christopher Wood
Stock strategist Christopher Wood has given a thumbs-down to the scandal-hit ICICI Bank and Axis, saying it's always better to own "real" private banks.

The CLSA Global Strategist was speaking at an event in Mumbai on Tuesday.

ICICI Bank and Axis Bank are like pseudo-private banks, Wood added. While ICICI Bank is embroiled in a controversy

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NEW DELHI: The bulls continued to remain charged on Dalal Street for the eighth consecutive session on Monday, but momentum indicator Moving Average Convergence Divergence, or MACD, signalled downward crossovers in 25 stocks on the National Stock Exchange (NSE).

The 50-share Nifty settled 47.75 points, or 0.46 per cent, up at 10,528 on Monday,

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NEW DELHI: Geopolitical tensions could not scare investors on Dalal Street on Monday, as the bulls scripted a solid rebound. After opening nearly 300 points down, the headline indices slowly and gradually climbed up to settle with respectable gains.

The S-P BSE Sensex added 113 points to end the session at 34,305, while NSE's Nifty50 closed 48

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Market Now: Check out the stocks that hit fresh 52-week highs on NSE
NEW DELHI: Shares of Aarti Industries, Apollo Tyres, Bajaj Electricals and Balkrishna Industries hit fresh 52-week highs on NSE during Tuesday's trade, even as key broader indices turned red, erasing gains of the early session.

Britannia Industries, Cholamandalam Investment and Finance Company, Divi's Laboratories, Escorts, Hindustan Unilever, Indu

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Market Now: Check out the stocks that zoomed over 12% on NSE
NEW DELHI: Shares of Bedmutha Industries (up 17.28 per cent), Raj Rayon Industries (up 14.29 per cent), MVL (up 12.50 per cent) and Royal Orchid Hotels (up 12.31 per cent) zoomed over 12 per cent on NSE during Tuesday's trade.

Shares of Ramky Infrastructure (up 11.12 per cent), Arman Financial Services (up 10 per cent) and Zenith Exports (up 9.96

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Tech view: Nifty forms bullish Marubozu, shows positive bias
NEW DELHI: After resting the sub-10,400 level, the Nifty50 on Monday made a smart rebound from the day’s low point to end above the 10,500 level. The index made a strong bullish candle on the daily chart which resembled a bullish Marubozu candle, with virtually no upper or lower wick.

Experts believe the decisive breach of short-term moving

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Market Now: Nifty FMCG lone sectoral gainer; HUL, Britannia climb up to 2%
NEW DELHI: The Nifty FMCG index was trading as the solitary gainer on NSE during afternoon trade on Tuesday.

The index was trading 0.24 per cent up at 27,332 around 12:45 pm (IST), underpinned by gains in Hindustan Unilever (up 1.58 per cent), Britannia Industries (up 1.56 per cent) and Jubilant Foodworks (up 1.12 per cent).

Shares of Marico (up

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Market Now: Sensex, Nifty trade up, but these stocks crack up to 9%
NEW DELHI: Remaining immune to the positive mood of broader markets, shares of Alok Industries (down 9.46 per cent), Bil Energy Systems (down 6.67 per cent) and Cinevista (down 6.02 per cent) cracked up to 9 per cent on NSE during the early trade on Tuesday.

Stocks such as Nu Tek India (down 5.56 per cent), Weizmann (down 5 per cent), Hindustan

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Infosys is changing again! Digital push may come at a price, but can do it good
By Aurobindo Das

India’s second-largest software firm is switching lanes. It’s making a push for a higher digital play. But there is a price to pay – that is, margin.

The IT major’s March quarter earnings played out on expected lines. But going by new CEO Salil Parekh’s future strategy, one thing is unmistakably clear – digital is the way to go and

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As India seeks to get eco-friendly, here is how to make money on D-Street
Pollution and stock investment You may be wondering we are talking chalk and cheese. But not really. A cleaner ecosystem never looked so alluring fr om stock perspective. And India’s high pollution levels mean there is a huge opportunity waiting for investors to tap into.

The fight against pollution -- be it land, water or air -- is going up by

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Stop saying volatility is a bad thing
By Robert BurgessHardly a day went by in 2017 without some pundit bemoaning the lack of volatility in financial markets. They worried about complacency, implying that the Goldilocks-like environment that enveloped markets was a recipe for disaster. With volatility on the rise, you would think the handwringing would diminish. It hasn’t. Now, the p
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F O: Nifty forms higher high for 11th session, shows more upside
By Chandan Taparia

The Nifty50 index opened with a gap down, but witnessed sustained buying interest throughout the session on Monday before settling near the day’s high. The index recovered sharply from the 10,396 level and formed a bullish Marubozu candle on the daily scale, which implies complete dominance by the bulls.

The 50-pack has been

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Nikkei ends flat as investors worry Trump will pressure Abe on trade
TOKYO: Japan's Nikkei ended little changed on Tuesday as investors turned cautious ahead of a meeting between Prime Minister Shinzo Abe and US President Donald Trump which Tokyo fears may link vital security matters with touchy trade issues.

The Nikkei share average ended up 0.1 per cent at 21,847.59 after trading in negative territory for most of

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Market Now: Axis Bank, Kotak Mahindra Bank keep Nifty Private Bank index under pressure
NEW DELHI: Owing to a subdued show by Axis Bank (down 0.83 per cent), Kotak Mahindra Bank (down 0.66 per cent) and HDFC Bank (down 0.02 per cent), the Nifty Private Bank index was trading nearly flat during the early trade on Tuesday.

The index was trading marginally up by 0.09 per cent at 14,419 around 10:20 am (IST).

Shares of South Indian Bank

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Sensex ends 113 points higher, Nifty above 10,500; Tata Motors tanks 5%
NEW DELHI: Key equity indices Nifty50 and Sensex extended their gains for the eighth consecutive session on Monday, the longest winning streak since November 2017, buoyed by gains in the select bank, financial, FMCG, IT and auto stocks.

While global cues remained mixed in the light of Syria crisis, domestic market chose to remain positive amid

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Market Now: Wipro, Infosys, TCS drag Nifty IT index down
NEW DELHI: Losses in Wipro (down 1.69 per cent), Tata Consultancy Services (down 1.13 per cent) and Infosys (down 1.06 per cent) were keeping the IT index down during Tuesday's trade.

The Nifty IT index was trading 0.71 per cent down at 13,110 around 12:20 pm (IST).

Shares of Tech Mahindra (down 0.94 per cent), Infibeam Incorporation (down 0.91

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Aviation stocks go up on GST cut buzz
Air carriers, including SpiceJet, Jet Airways and InterGlobe Aviation (IndiGo), ruled on Tuesday after reports that the civil aviation ministry is considering a steep reduction on the Goods and Services Tax (GST) levied on aviation maintenance, repair and overhaul (MRO) industry.

SpiceJet was trading 0.83 per cent up at Rs 133.95 at around 9.35 am

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Market Now: Realty stocks rise; IB Real Estate zooms 7%
NEW DELHI: Buoyed by gains in Indiabulls Real Estate (up 6.67 per cent), Prestige Estates Projects (up 2.10 per cent) and DLF (up 1.83 per cent), Nifty Realty index climbed almost 2 per cent during Monday's trade.

The Nifty Realty index was trading 1.53 per cent up at 306 around 02:35 pm (IST).

Shares of Oberoi Realty (up 1.03 per cent), Housing

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Top intraday trading ideas for afternoon trade for Tuesday, 17 April 2018
NEW DELHI: Equity benchmarks were trading flat around 12:05 pm (IST) on Tuesday as gains in Power Grid, NTPC and Mahindra - Mahindra were offset by losses in Wipro, Tata Motors and Sun Pharma.

ETMarkets.com collated a list of trading ideas from various experts and here's what they had recommended for today's afternoon trade:

Kunal Bothra,

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Dolly Khanna has just raised holding in these six smallcaps
Chennai-based marquee investor Dolly Khanna, whose portfolio is entirely managed by her husband Rajiv Khanna, is known for spotting smallcap gems on Dalal Street.

March quarter shareholding data shows Khanna increased stake in at least six smallcap stocks during the quarter, as the broader market weakened in t he latter two months after a nearly 1

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Jhunjhunwala can't take eyes off JP Associates, again raising bets
Ace investor Rakesh Jhunjhunwala’s name again appeared among key individual shareholders in crisis-hit Jaiprakash Associates, latest shareholding data provided by the company showed on Monday.

Jhunjhunwala was holding 3 crore shares, or 1.23 per cent stake, in the company as of March 31, 2018.

Shares of Jaiprakash Associates were trading 1.81 per

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Mahindra Mahindra joins Rs 1 trillion m-cap club
Mahindra - Mahindra Ltd today entered the coveted Rs 1 trillion market capitalisation club, after its share price hit a fresh 52-week high on the BSE.

Stock of the company today opened on a bullish note at Rs 815, then gained further ground and touched its all time high level of Rs 819.10, up 2.23 per cent over its previous closing price.

Follo

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Market Now: PSU bank stocks rise; SBI, PNB gain over 1%
NEW DELHI: Majority of PSU bank stocks were trading with gains during the early trade on Tuesday.

The Nifty PSU Bank index was trading 1.18 per cent up at 2,952 around 10:15 am (IST).

Bank of India (up 1.90 per cent) was the top gainer in the Nifty PSU Bank index, followed by State Bank of India (up 1.33 per cent), Union Bank of India (up 1.22

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NEW DELHI: The hottest stock on Dalal Street’s radar today may not be the best ‘buy’ opportunity for you. It’s better to stay with stocks where the consensus has turned neutral to positive.

This has held true for the BSE100 stocks for the past decade, and it held true for the March quarter too. But why

Investment thesis of the most popular stocks

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Avendus to raise Rs 3,000 crore via AIFs
MUMBAI: Avendus Capital is raising Rs 3,000 crore to expand its kitty on alternative investments, with the financial services firm targeting family offices, high net worth individuals and corporate treasuries to sell its products.

While the company, backed by private equity firm KKR, is ramping up collections in a newly launched scheme to bet on

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Trading of priority sector loan grows, securitisation volume shrinks
KOLKATA: Indian banks shun securitisation of loans to meet priority sector targets in favour of Priority Sector Lending Certificates (PSLC), data from rating firm ICRA showed.

The volume of PSLC market leapfrogged to around Rs 1.84 lakh crore in FY18 from mere Rs 50,000 crore in FY2017, diminishing the reliance of securitisation market and

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NEW DELHI: The hottest stock on Dalal Street’s radar today may not be the best ‘buy’ opportunity for you. It’s better to stay with stocks where the consensus has turned neutral to positive.

This has held true for the BSE100 stocks for the past decade, and it held true for the March quarter too. But why

Investment thesis of the most popular stocks

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Trade resumes at NCDEX after minor fire
NCDEX: Trade resumes at NCDEX after minor fire - The Economic Times

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IMD's normal monsoon forecast could put life back in agri-linked stocks
NEW DELHI: Then Skymet and now, IMD. India is going to have a normal monsoon this year. And that's official.

In its forecast released today, the India Meteorological Department (IMD) said it expects monsoon rains to hit Kerala coast by May 15 and projected a normal monsoon for the third year in a row. The weather department sees monsoon at 97 per

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European shares steady after US-led strike on Syria; WPP falls
MILAN: European shares steadied near 4-week highs on Monday as investors expected there would be no immediate escalation in Syria following the weekend's US-led strike.

The pan-regional STOXX 600 index was down 0.05 per cent by 0715 GMT, while other European benchmarks were also little changed. Euronext said price levels for the CAC and other

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