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How to deal with myriad expert ideas and WhatsApp gossip to make money in stocks
By Abhishek Basumallick

As information grows increasingly abundant and is available instantly, what limits consumption of information is the attention that we can pay for it.

Nobel laureate economist Herbert Simon articulated this beautifully, when he said, "in an information-rich world, the wealth of information means a dearth of something

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Alok Industries climbs 5% as RIL looks set to acquire company
NEW DELHI: Shares of Alok Industries climbed 5 per cent in Thursday's trade on reports that Reliance Industries is set to acquire the company. A majority of lenders to the bankrupt textile company have voted in favour of the resolution plan given by billionaire Mukesh Ambani’s company, two officials familiar with the development told ET.

JM

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Tech view: Nifty forms Hanging Man pattern; loses some steam
NEW DELHI: The Nifty50 struggled around the 10,430 level on Wednesday and ended up forming a Hanging Man pattern on the daily chart. This signalled loss of positive momentum in the market.

Levels around the 10,430-10,440 range is where 50-day moving average (DMA) and 100-DMA for the index lie. A decisive breakout above this range is a must for Nift

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Zuckerberg revelations deepen political divide
Will do everything to ensure that the Indian elections are safe! Those are the words coming from Facebook founder Mark Zuckerberg. Deposing before US lawmakers on the massive data breach, Zuckerberg took responsibility for FB’s failure to protect personal information of millions of its users, as he tried to quell the storm over misuse of personal d
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Sebi to make physical settlement mandatory in phased manner
New Delhi: Markets regulator Sebi today decided to make physical settlement of stock derivatives mandatory in a phased or calibrated manner, a move that could bring some much-needed balance between equity cash and derivative segments.

The regulator has strengthened the existing entry criteria for introduction of stocks into the derivative segment

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The bulls continued to make their presence felt on Dalal Street amid volatile trade for the fifth session on Wednesday as buying emerged in select IT, energy and FMCG stocks.

Market participants looked cautious ahead of corporate earnings that start later in the week, rising crude oil prices and macro data due on Thursday.

The BSE Sensex closed

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Market Now: Jubilant Foodworks, MRF, Titan among stocks that hit 52-week highs
NEW DELHI: Over 20 stocks, including Aarti Industries, HIL, IPCA Laboratories, Jubilant Foodworks, Mastek and MRF hit fresh 52-week highs on NSE during Thursday's trade.

Orient Press, Sandhar Technologies, Titan Company, Zenith Exports and Zensar Technologies also figured among stocks that hit fresh 52-week highs on NSE.

Equity benchmarks moved up

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63 Moons to move Bombay HC for defreezing operating accounts
Jignesh Shah-owned 63 Moons, formerly known as Financial Technologies, will move the Bombay High Court tomorrow against the state government's directives to freeze the operating accounts of the company.

The government on April 4 had issued a directive to freeze operating accounts of the company, alleging complaints were received from a number of

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Sensex, Nifty rise for fifth day; IT, metal stocks shine
NEW DELHI: Extending gains for a fifth straight session, key equity indices Nifty50 and Sensex closed Wednesday's session in the positive zone, backed by gains in IT, metal and auto stocks amid mixed Asian cues.

However, losses in bank and oil - gas stocks capped the gains.

The Nifty50 settled 15 points, or 0.14 per cent, up at 10,417, while

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How SGX just outwitted NSE with new products to replace SGX Nifty
Even as the National Stock Exchange (NSE) weighed its options to protect its turf after Singapore Exchange (SGX) pulled one off on it by launching a series of independent India-based equity derivative contracts, market veterans marvelled at the product innovation SGX appears to have accomplished.While exact details of the new products are not
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Rising for the fifth day in a row, NSE benchmark Nifty, ended Wednesday’s session with a minor gain of 14.90 points or 0.14 per cent.

Market exhibited positive intent, as it recovered from the low point of the day. However, it continued see resistance near the 50-DMA and 100-DMA levels, which remain in close vicinity.

On Thursday, approach the

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ICRA downgrades credit ratings of Fortis Healthcare, subsidiaries
NEW DELHI: Ratings agency ICRA has downgraded Fortis Healthcare and its subsidiaries Escorts Heart Institute and Research Centre, Fortis Hospitals and Hiranandani Healthcare, citing stretched liquidity position of the company which led to delay in servicing of a loan.

The long term rating of Fortis Healthcare Ltd (FHL) for Rs 250 crore

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Market Now: Check out the stocks that cracked over 6% on NSE
NEW DELHI: Shares of Talwalkars Better Value Fitness (down 9.99 per cent), Sujana Universal (down 6.67 per cent) and SRS (down 6.25 per cent) cracked over 6 per cent on NSE during the early trade on Thursday.

Stocks such as CMM Infraprojects (down 5.43 per cent), Zodiac JRD- MKJ (down 5.26 per cent), RattanIndia Infrastructure (down 5.26 per

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ETMarkets Evening Podcast: Trading tips from D-Street experts
Hi there! You are listening to ETMarkets Evening Podcast.

This is Abhinav Kaul, with today's stock trading digest and what seasoned analysts have to offer.

Stock benchmarks eked out measly gains today as trade clouds swirled over the market. Reports about likely US air strikes in Syria upped the uncertainty level.

The close marked the fifth

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Dear RBI, you do not lack power to clean up banks, you lack the will: Damodaran
NEW DELHI: Governor Urjit Patel may have gone to town complaining about RBI's perceived lack of power over public banks, but former Sebi chief M Damodaran is not impressed.

Powers are often what you exercise, notwithstanding what the statute provides, he told ET Now.

"I was both surprised and saddened by that statement," Damodaran said, noting

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By Nupur Acharya

Corporate India is forecast to show a strong growth in profits in the January-to-March quarter, even as the banking sector weighs on projections with its continuing struggle to clear a build-up of stressed loans.

Fourth-quarter profits for NSE Nifty 50 Index companies will grow 10 per cent from a year earlier, according to a

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Regional rural banks may get to list on bourses
Financially strong regional rural banks ( RRBs) may be soon able to tap the market through an IPO and dilute government stake in them, if the government accepts Nabard's proposal. The apex agri and rural lender has sent an internal note to the government identifying eligible RRBs.

Nabard, the apex body for agri-lending and rural finance, has

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Trade wars aren&t only ones to worry about: Ray Dalio
Ray Dalio, founder and co-chief investment officer of Bridgewater Associates, the world’s largest hedge fund, has doubled down on his warnings against trade wars brought on by President Donald Trump’s divisive rhetoric.

“Recent geopolitical developments have led me to raise my probabilities of trade and other types of wars, such as capital wars, c

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Market Now: Sensex, Nifty move up a little; these stocks surge over 12%
NEW DELHI: Shares of Zenith Exports (up 19.42 per cent), Sathavahana Ispat (up 14.52 per cent), Raj Rayon Industries (up 14.29 per cent), FCS Software Solutions (up 14.29 per cent) and Future Market Networks (up 12.90 per cent) zoomed over 12 per cent on NSE during the early trade on Thursday. Equity benchmarks moved up a little shrugging off
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Tata Steel buys additional 4.19% stake in Subarnarekha Port
Kolkata: Tata Steel has acquired an additional 4.19% stake to take its total shareholding to 7.06% in Subarnarekha Port Pvt Ltd (SPPL). The steel major had entered into a definitive agreement with Creative Ports Development Pvt Ltd in January 2017 to acquire 51% equity shares in CPPL and develop and operate the port. SPPL, a subsidiary of CPPL is
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OMCs to absorb price hike IOC, HPCL, BPCL tumble
Oil marketing companies such as Hindustan Petroleum Corporation (HPCL), Indian Oil Corporation (IOC) and Bharat Petroleum Corporation (BPCL) dropped after reports that the government has asked the OMCs to absorb Rs 1 per litre price hike.

Stock of HPCL declined as much as 5.55 per cent to Rs 344.65 while BPCL and IOC were down by over 3 per cent

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Carlyle to sell 10% stake in PNB Housing Finance
MUMBAI: Global private-equity major Carlyle is seeking to sell a 10 per cent stake in PNB Housing Finance, making more than three times the money it had initially put in and likely boosting the performance of the Asia buyout fund through which it holds the investment in the Indian mortgage lender.

PNB Housing Finance, which listed in Mumbai in

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Infosys Q4 numbers: 5 things to watch out for in Salil Parekh's first report card
NEW DELHI: The second-largest IT major Infosys is set to unveil its first full quarterly numbers under its new CEO and MD Salil Parekh this Friday.

To be sure, it will be more than just quarterly results. It will be about FY19 guidance, updates on key business verticals, deal wins and the long-term road map from Parekh, the second non-promoter

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Himachal Futuristic jumps 4% on BSNL job order
Himachal Futuristic Communications advanced nearly 4 per cent on Wednesday after the company said it has received an advance purchase order of Rs 579 crore from Bharat Sanchar Nigam Limited (BSNL).

The scrip was up 3.89 per cent at Rs 28.05 on the BSE at 9.40 am. It opened at Rs 27.90 and touched high and low of Rs 28.25 and Rs 27.50,

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Jaypee Infratech hits lower circuit; herewhy
Jaypee Infratech hit lower circuit of nearly 5 per cent on the BSE early on Thursday after The Economic Times reported that Lakshadweep Pvt, a joint venture with links to billionaire Dilip Shanghvi, is set to acquire the insolvency-hit developer.

Jaypee Infra, the operator of Taj Expressway, has to deliver nearly 25,000 apartments in Noida.

The

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Unchecked personal ambitions ailing private lenders: Gautam Chhugani, Bernstein
Gautam Chhugani, who was recently in the news for being the lone bear on ICICI Bank stock, has said that “juicy” fee income charged for the loans offered have been ailing Indian lenders.

India has a distinct corporate landscape with promoter/owner managed organisations, as the lending practices in corporate banks have been based on relationships,

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Market Now: Private bank stocks in sync with PSU peers; ICICI Bank, Axis Bank fall 2%
NEW DELHI: In line with PSU bank stocks, most of the private bank stocks were also declining in Wednesday's trade.

The Nifty Private Bank was trading 0.75 per cent down at 14,156 around 10:35 am (IST) with ICICI Bank (down 1.73 per cent) and Axis Bank (down 1.62 per cent) falling almost 2 per cent.

Shares of South Indian Bank (down 1.56 per cent),

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Market Now: IT stocks rally on rupee weakness; HCL Tech zooms 4%
NEW DELHI: Falling rupee seems to have given a fillip to IT stocks as most of them from the Nifty IT pack were trading in the higher terrain.

The Nifty IT index was trading 2.71 per cent up at 13,105 around 10:50 am (IST) with HCL Technologies (up 3.91 per cent) as the top gainer.

It was followed by Tata Consultancy Services (up 3.31 per cent), Tat

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F O: Buying absent at higher level; VIX moves up by 1.52%
By Chandan TapariaThe Nifty50 index formed a Hammer candle on Wednesday, as it fell to 10,355 and then recovered to close above 10,400. It engulfed the trading range of last session but witnessed buying interest from lower levels.

Price patterns indicated absence of buying at higher levels while every decline is being bought into. This suggests a

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Mahanagar Gas drops 4% on block deal
NEW DELHI: Shares of Mahanagar Gas fell nearly 4 per cent in Wednesday's trade following a block deal on the counter.

Following the development, the stock declined 3.77 per cent to hit a low of Rs 908.90 on BSE.

A total of 4.76 lakh shares changed hands on the counter, which was 22 times its daily average turnover of 22 thousand shares in last two

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