Posts

Showing posts from March, 2025

Vodafone Idea nearing PSU stock status. What's in store for 60 lakh shareholders?

Image
[hfe_template id='11223'] [ad_1] After the Indian government decided to convert Vodafone Idea's upcoming spectrum dues repayment into equity, in line with the provisions in 2021 telecom relief measures, the debt-ridden telco is now nearing PSU stock status as the government's holding would increase from 22.6% currently to 49%. "With GoI’s stake rising to 49% after the latest equity conversion, any further equity conversion of dues could lead to GoI’s stake crossing 50%, which could turn Vi into a public sector unit (PSU)," Motilal Oswal analyst Aditya Bansal said. The conversion, which will occur at Rs 10 per share, is at a 47% premium to the stock's last closing price. As a result, Vi shares hit the 10% upper circuit this morning to Rs 7.49 on BSE. Vi’s existing promoters will continue to have operational control, albeit with a modest 25.5% stake after the equity conversion. "Overall, we view this as a major display of support by the gov't...

Stocks to buy today: Axis Bank, BEL among top 5 trading ideas for 1 April 2025

Image
[hfe_template id='11223'] [ad_1] Indian market is likely to trade lower on Tuesday, tracking muted global cues. The Nifty future closed negative with losses of 0.57% at 23,643 levels on Friday. On the options front, the maximum Call OI is placed at 24,500 and then towards 24,000 strikes while the maximum Put OI is placed at 23,500 and then towards 23,000 strikes. Call writing is seen at 23,600 and then towards 23,800 strikes, while Put writing is seen at 23,500 and then towards 23,300 strikes. “Options data suggests a broader trading range in between 23,000 to 24,000 zones while an immediate range between 23,300 to 23,700 levels,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said. Live Events “Nifty has started to form higher highs – higher lows from the last three weeks but some cool off and resistance was faced near 23,900 levels,” he said.“Now if Nifty manages to hold above 23,500 zones then bounce could be seen towards 23,750 then...

Nifty stocks to buy: Top Nifty50 stocks analysts suggest buying in this volatile week

Image
[hfe_template id='11223'] [ad_1] Synopsis Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardized scores. The simple average of the above-mentioned five component ratings is normally distributed to reach an average score. The following list of stocks in the headline Nifty50 Index were given “Strong Buy/Buy” recommendations in the latest Stock Reports Plus report dated March 31, 2025. Analysts’ recommendations are provided using Institutional Brokers' Estimate System (IBES) to give you actionable insights. You can also check the breakdown of the count of analysts giving buy/sell/hold recommendations to each stock in the index.Stock Reports Plus, powered by ETMarkets.com Mar 31, 2025, 10:05:00 AM IST Gift ETPrime to your friends Gift a Subscription Now, gift ETPrime subscription to your friend ...

April seasonality favours bulls, as Nifty ended positive 7 times in last 10 years

Image
[hfe_template id='11223'] [ad_1] April is a seasonally strong month for the domestic stock markets, and India’s benchmark index, Nifty, has ended positive seven times in the last 10 years. Nifty’s highest return in April was 14.7% in 2020, during the Covid-induced nationwide lockdown. The next best years were 2018 and 2023, when the 50-stock benchmark gained 6.2% and 4%, respectively. The index's April returns in 2016, 2017, 2019, and 2024 were 1.44%, 1.42%, 1.07%, and 1.24%, respectively. The three instances when Nifty closed negative in April were in 2015 (-3.65%), 2021 (-0.41%), and 2022 (-2.07%). FII/DII data Live Events So far in 2025, foreign institutional investors (FIIs) have been net sellers in all the three months. The FIIs have remained net buyers in the opening month of the new financial year on five occasions between 2015 and 2024. The highest buying was seen in April 2019, when the FIIs bought shares worth Rs 21,193 crore. It was followed by Rs 11,721 c...

Ahead of Market: 10 things that will decide stock market action on Tuesday

Image
[hfe_template id='11223'] [ad_1] The Indian market was closed on Monday for a national holiday in observance of Eid al-Fitr 2025. On Friday, the Indian benchmark indices, Sensex and Nifty, ended in the red, pressured by declines in auto and IT stocks as investor sentiment turned cautious ahead of this week's announcement of US reciprocal tariffs. However, intraday volatility persisted, driven by foreign inflows and optimism about a domestic growth recovery. The benchmark BSE Sensex declined 191.51 points, or 0.25%, to close at 77,414.92, while the broader Nifty 50 index closed at 23,519.35, down 72.60 points, or 0.31%. Here's how analysts read the market pulse: Asian markets are experiencing a new phase of consolidation as the latest U.S. tariff measures are expected to have a significant impact on major manufacturing economies, said Vinod Nair, Head of Research at Geojit Investments, adding that a rise in Japan's CPI has contributed to the prevailing weaknes...

Why you should invest in India now: The new investment friendliness index is a game changer

Image
[hfe_template id='11223'] [ad_1] In an era where India is emerging as a prime destination for foreign investment, the recent launch of the Investment Friendliness Index in the Union Budget 2025 marks a pivotal shift in the country’s economic framework. This initiative aims to enhance both competitive and cooperative federalism, making states more attractive to domestic and international investors. The Investment Friendliness Index is more than just a ratings system—it evaluates and ranks Indian states based on their investment potential. By fostering healthy competition, it encourages states to reassess and refine their regulatory frameworks, spurring an influx of private investment. For financial institutions like HDFC Securities, the index serves as a valuable guide for navigating the investment landscape and identifying promising regions. Key parameters and their impact The index will assess critical factors such as ease of doing business, infrastructure quality, econ...

FY26's hottest investment theme? SAMCO Mutual Fund CEO Viraj Gandhi says consumption is a must-watch

Image
[hfe_template id='11223'] [ad_1] As we step into FY26, consumption may emerge as one of the hottest investment themes due to lowering of interest rates and income tax rate cuts, says Viraj Gandhi, CEO, SAMCO Mutual Fund. In this chat with ET Markets, he also talks about 2 other promising sectors - private sector banks and pharma. Edited excerpts: What is your outlook on equity markets for the next 12–18 months, considering global uncertainties and domestic growth trends? Is this the time to buy the fear? Equity market outlook for the next 4-6 quarters would highly be influenced by a mix of global uncertainties and improving domestic growth. On the global front, trade tensions, especially the potential imposition of reciprocal tariffs by the new US President on different countries in early April, may invite short-term volatility and uncertainty in equities. Domestically, the outlook appears to be more positive. Recent improvements in macroeconomic data, such as inflation ...

Indian companies with over Rs 1 lakh crore market cap surge 40 times since 2000: NSE Report

Image
[hfe_template id='11223'] [ad_1] Mumbai (Maharashtra) [India], March 31 (ANI): The number of Indian companies with a market capitalisation of over Rs 1 lakh crore has surged 40 times over last 24 years. This reflects the country's strong economic growth and market expansion, according to a report by the National Stock Exchange (NSE). The report highlighted that the number of companies with a market cap of over Rs 1 lakh crore increased significantly between FY02 and FY24, with their share of the total market capitalisation of NSE-listed companies rising from nearly 18 per cent to over 60 per cent. This growth is attributed to India's strong economic fundamentals, implementation of crucial reforms, surplus global liquidity after the 2008 financial crisis, and a steadily expanding investor base. The report said, "The number of companies with over 1 lakh crore market cap have increased by over 40 times between FY02 and FY24." The report further stated that...

Trump has left economists connecting the dots, and it does not paint a rosy picture

Image
[hfe_template id='11223'] [ad_1] Since assuming presidency of the United States for his second term, Trump has been imposing tariffs, no holds barred. Be it launching against the US largest trading partners or accelerating the antagonistic stance against China, or threatening other economies including the European Union and India, Trump has been imposing what seem to be blindly sweeping tariffs across countries and sectors. More worryingly, these tariffs have been imposed, paused, rolled back, and reimposed on apparent whims. The uncertainty has been more harmful to the business and economic environment than the tariffs themselves. Economists are left connecting the dots Given their whimsical and non-surgical nature, the tariffs’ role as a trade tactic can be all but ruled out. It could be aimed at bolstering political negotiation, but it seems too extreme a measure for that. ETMarkets.com Economists have been inferring that Trump’s agenda is more nuanced. That his poli...

What was the badla system: WEEKEND READ | Badla: The rise and ruin of an infamous stock market system

Image
[hfe_template id='11223'] [ad_1] Synopsis As new restrictions to curb excessive speculation are placed on F&Os, does anyone even remember their precursor? For decades, it was the “Badla” system that fuelled our stock markets, offering traders a way to carry forward trades without upfront payments. While it injected liquidity and amplified profits, Badla also sparked speculation and manipulation because, at its peak, it dominated over 70% of the BSE’s trading volume. But over-leverage and opaque dealings led to volatility and financial crises. In 2001, regulators finally pulled the plug on Badla, forever changing the trading landscape. A look back at a system whose legacy has shaped modern market regulations. The term "Badla”, meaning "carry forward" or "change" in Hindi, perfectly describes this trading practice. Introduced in the BSE, it functioned as a deferred settlement mechanism, allowing investors to roll over trades instead of making i...

FPIs show strong buying momentum in Indian equities in the second half of March

Image
[hfe_template id='11223'] [ad_1] FPIs remained net sellers of Indian equities in March for the third consecutive month but there was a sharp deceleration in the outflow due to strong buying in the second fortnight of the month. They invested net Rs 26,042 crore ($3,037 million) in the second half of March, a sharp contrast to the outflow of Rs 30,015 crore ($3,438 million) in the first fortnight. As a result, net outflow for the full month reduced to Rs 3,973 crore ($401.2 million). The extent of investment by foreign investors in the coming months will depend upon several factors including the tariff stance by the Trump administration and its impact on global trade, attractiveness of the Indian economy relative to the US, which is facing recessionary pressure and the valuation comfort of the domestic equities. ET Bureau In March, FPIs sold Rs 6,027.8 crore ($637.3 million) of equities in the secondary market and made purchases worth Rs 2,055.2 crore ($236.1 million) in ...

SBI share price: Comeback candidates of FY26? Three sectors, 19 stocks: Out of favour for some time now, for right or wrong reasons

Image
[hfe_template id='11223'] [ad_1] Synopsis In every stock market, from time to time, a set of theme-based stocks catch the limelight. Then their valuations get stretched, and they slip into a period of underperformance. This underperformance could be for any reason: Industry not doing as expected, change in technology, whatever. But the fact is these stocks don't perform. Now, there is another side to this story. If the higher valuations were given due to some one-off event, the probability is low that such stocks will see a recovery, either in absolute or relative terms. But if the higher valuation was given because of the overall potential of the sector, the chances are these stocks will make a comeback. The three sectors mentioned in our headline have produced the best of the long-term wealth creators in the Indian stock market. Two of these sectors have, however, been underperforming for the last three years; and one has become an underperformer in just the last e...

Cement stocks to buy: Will cement sector be a surprise winner and prove analysts wrong? 7 cement stocks with scale, size and track record

Image
[hfe_template id='11223'] [ad_1] Synopsis From railways to defence to power. The last four years have seen many surprise winners in terms of sectors. What are the typical characteristics of a sector that turns out to be a surprise winner? It would have faced headwinds for many years, even decades, with too many laws governing it; be fragmented, with too many small- and mid-sized companies, one or two large players, and hyper-competition. It is cyclical or seasonal in nature. Another feature: Some companies from the sector would have spelt trouble for the banking system at some point. If you look at the history of the cement sector, it has experienced all of the above. Then comes a phase of consolidation, with things turning around, albeit slowly. But analysts and the street remain wary and skeptical. With both the Adani and Aditya Birla groups on the lookout to acquire companies, cement is a sector that has probably seen the maximum mergers and acquisitions in the last t...

Will the Indian stock market stay shut for Eid on March 31? Check details here

Image
[hfe_template id='11223'] [ad_1] Indian stock markets will remain closed on Monday, March 31, in observance of Eid-ul-Fitr, giving traders an extended break over the weekend before trading resumes on Tuesday, April 1. The BSE and National Stock Exchange (NSE) will suspend trading across equities, derivatives, currency markets, securities lending and borrowing (SLB), and electronic gold receipts (EGR) for the holiday on March 31. With markets already closed on Saturday (March 29) and Sunday (March 30), investors are advised to plan their trades accordingly. Indian stock exchanges follow a five-day workweek, operating from Monday to Friday with trading hours from 9:15 a.m. to 3:30 p.m. IST. Markets remain shut on weekends and designated public holidays as per the exchanges’ official calendar. Regular trading resumes the next business day after holidays, barring any special sessions announced by the exchanges. Eid-ul-Fitr, a significant Islamic festival marking the end of R...