Stocks held by Tibrewala locked in lower circuit post ED crackdown

Stocks held by Tibrewala locked in lower circuit post ED crackdown

Mumbai: Shares of various small-cap and penny stocks, in which Dubai-based alleged hawala operator Hari Shankar Tibrewala holds a stake, were locked in a lower circuit on Monday following the arrest of his associate, Suraj Chokhani, by the Enforcement Directorate (ED) on Friday. The ED also froze shares owned by Tibrewala (mentioned as Tibrewal in … Read more

Consistent winners! 7 smallcap stocks that have consistently performed in last 5 months

Consistent winners! 7 smallcap stocks that have consistently performed in last 5 months

Stock market returns are typically lumpy as prices do not move in a straight line but at least seven smallcap stocks have given double-digit returns in each of the last 5 months. Over the past five months, the benchmark index Sensex has witnessed an impressive surge of more than 12%, setting the stage for robust … Read more

Prefer NTPC over Tata Power; Tata Chemicals to benefit most in case of Tata Sons listing: Sudip Bandyopadhyay

Prefer NTPC over Tata Power; Tata Chemicals to benefit most in case of Tata Sons listing:  Sudip Bandyopadhyay

Sudip Bandyopadhyay, Group Chairman, Inditrade Capital, says “there is a strong speculation that Tata Sons will get listed in the near future and the best way to play that will be probably through Tata Chemicals; that is the conventional thinking in the market and that led to this kind of massive rise in the share … Read more

It’s time for intelligent investors to switch over to risk-off mode. Here’s why

It’s time for intelligent investors to switch over to risk-off mode. Here’s why

Jason Zweig quoted in his book The Intelligent Investor…The market is a pendulum that forever swings between unsustainable optimism (which makes stocks too expensive) and unjustified pessimism (which makes them too cheap). The Intelligent Investor is the one who knows when to take risks and buy shares when there is pessimism…and avoid risk and sell … Read more

F&O stocks to buy today: SBI Life, Biocon among top 3 trading ideas for 1 March 2024

F&O stocks to buy today: SBI Life, Biocon among top 3 trading ideas for 1 March 2024

Indian market is expected to open higher on Friday tracking positive global cues. The Nifty future closed positive with gains of 0.28% at 21983 levels on Thursday. India VIX was down by 4.65% from 16.33 to 15.57 levels. Volatility cooled off after steaming in the entire week and paved the way for the bulls in … Read more

A pre-election rally or correction: What’s Dalal Street bracing for this time?

A pre-election rally or correction: What’s Dalal Street bracing for this time?

In India, general elections hold high significance for Dalal Street investors as early trends, opinion polls, and exit polls ahead of the final outcome provide cues on which party is likely to win the game. This time around, the election has gained prominence in light of India’s rising importance in geopolitics, its leading position in … Read more

Technical Breakout Stocks: How to trade RIL, M&M and ICICI Bank on Monday?

Technical Breakout Stocks: How to trade RIL, M&M and ICICI Bank on Monday?

Indian market failed to hold on to the momentum and closed marginally in the red on Friday. The S&P BSE Sensex managed to hold on to 73000 while the Nifty50 closed below 22,200 levels. Sectorally, buying was seen in telecom, capital goods, realty, consumer durables and industrials while some selling was seen in oil & … Read more

Corporate actions this week: NMDC, Jupiter Wagons to go ex-dividend, South Indian Bank right issue and more

Corporate actions this week: NMDC, Jupiter Wagons to go ex-dividend, South Indian Bank right issue and more

There are a host of corporate actions scheduled for this week. Natco Pharma, Suprajit Engineering, NMDC, and Jupiter Wagons will trade ex-dividend, while The South Indian Bank‘s rights issue’s ex-date is fixed this week. On Monday, 26th February, Fineotex Chemical (Rs 1.2/share), Gateway Distriparks (Rs 0.75/share), Natco Pharma (Rs 1.25/share), Suprajit Engineering (Rs 1.1/share), and … Read more

Sebi using AI for investigations, says official

Sebi using AI for investigations, says official

Sebi is using Artificial Intelligence (AI) for investigations, its Whole Time Member Kamlesh Chandra Varshney said on Saturday and emphasised that entities should keep track of technological developments. Against the backdrop of instances of manipulations in the stock market, he said the message is that abiding with the law will be more beneficial and violations … Read more

F&O stocks to buy today: Tata Steel, SBI among top 9 trading ideas for 22 February 2024

F&O stocks to buy today: Tata Steel, SBI among top 9 trading ideas for 22 February 2024

Indian market is likely to trade higher on Thursday tracking positive global cues. The Nifty50 experienced a sharp correction on Wednesday, but it managed to hold on to the 22000 level towards the close of the trade. The market may go sideways after a sharp rise and that may be considered as healthy from the … Read more