Indians scurrying to hoard Nvidia shares as everyone buying shovel-makers in AI gold rush

Indians scurrying to hoard Nvidia shares as everyone buying shovel-makers in AI gold rush

The magnificent rally in semiconductor stock Nvidia in recent days has made the Wall Street stock among the most popular bets for Indians who invest in US stocks. In volume terms, it is the second most popular stock on Vested Finance since the last 6 months with trading volumes of more than $25 million. Volumes … Read more

Despite promoter stake sale, these 7 stocks clocked double-digit gains in 2 months

Despite promoter stake sale, these 7 stocks clocked double-digit gains in 2 months

The quarter gone by saw promoters of several companies offload shares in the open market, with atleast 28 of them seeing the holding fall by more than 100 basis points sequentially. Even after this selling, some of the stocks have managed to give double-digit returns in just two months. ETMarkets scanned through the quarterly shareholding … Read more

Vedanta among 9 stocks that delivered over 7% dividend yield in last 1 year – High Payout

Vedanta among 9 stocks that delivered over 7% dividend yield in last 1 year – High Payout

Bajaj Auto. Share Price 8498.45 03:58 PM | 22 Feb 2024 266.21(3.24%) HCL Technologies. Share Price 1686.40 03:58 PM | 22 Feb 2024 50.11(3.07%) Eicher Motors. Share Price 3951.40 03:57 PM | 22 Feb 2024 115.06(3.00%) Coal India. Share Price 445.15 03:59 PM | 22 Feb 2024 12.20(2.82%) ITC. Share Price 414.45 03:59 PM | … Read more

Pricey Affair! Adani Enterprises, Titan among 6 Nifty stocks with highest P/E ratio – Valuation Watch

Pricey Affair! Adani Enterprises, Titan among 6 Nifty stocks with highest P/E ratio – Valuation Watch

Eicher Motors. Share Price 3904.50 12:11 PM | 22 Feb 2024 68.16(1.78%) HCL Technologies. Share Price 1664.50 12:11 PM | 22 Feb 2024 28.21(1.73%) Coal India. Share Price 439.05 12:11 PM | 22 Feb 2024 6.11(1.41%) Tech Mahindra. Share Price 1309.85 12:11 PM | 22 Feb 2024 13.25(1.03%) ITC. Share Price 407.45 12:11 PM | … Read more

Grasim: Grasim’s big splash into paints may see others lose colour

Grasim: Grasim’s big splash into paints may see others lose colour

Mumbai: India’s paints industry could turn into the proverbial red ocean for several incumbents as Aditya Birla Group flagship Grasim makes a big splash with the ‘Birla Opus’ brand, potentially altering market share and profitability dynamics in a sector that has hitherto expanded with far fewer gyrations than one of its biggest revenue generators – … Read more

EBITDA growth of 234 cos outpace sales for 3 quarters; over 100 stocks turn multibaggers

EBITDA growth of 234 cos outpace sales for 3 quarters; over 100 stocks turn multibaggers

After seeing testing times in FY23 amid skyrocketing inflation and weak consumer demand, India Inc found solace in FY24 as several companies reported strong double-digit growth in earnings. One of the major factors driving this growth was easing inflationary pressures. As many as 234 companies, excluding banks and financial services, saw operating profit or EBITDA, … Read more

Nvidia dethrones Tesla as Wall Street’s most traded stock

Nvidia dethrones Tesla as Wall Street’s most traded stock

Chipmaker Nvidia is replacing Tesla as Wall Street’s most traded stock, adding to its prominence after becoming the third-most valuable U.S. company and showing more evidence of how central AI-related bets have become to investors. Nvidia’s outsized representation in day-to-day stock trading could leave investors more vulnerable should the chipmaker’s revenue growth fail to meet … Read more

Nifty: Bullish patterns hint at further upside, Nifty may touch 22,500: Analysts

Nifty: Bullish patterns hint at further upside, Nifty may touch 22,500: Analysts

A majority of technical charts show a bullish pattern formation, suggesting Nifty could reach 22,500 if it maintains levels above 21,800. Alternatively, support is seen at 21,600 levels, according to technical analysts. They note positive setups in various stocks, including Maruti, TVS Motor, ACC, Biocon, Tata Motors, M&M,Persistent, Ambuja Cements, Adani Ports, Federal Bank, Trent, … Read more

Foreigners back India bonds over pricey stocks in tactical bet

Foreigners back India bonds over pricey stocks in tactical bet

Overseas investors are pouring more money into India’s sovereign bonds than stocks, drawn by their relatively lower valuations and upcoming inclusion into global debt indexes. Global funds have plowed a net $4.1 billion into the nation’s debt since Jan. 1, with government securities luring the bulk of the flows ahead of their addition to JPMorgan … Read more

Betting Big! MFs raise stake in 30 stocks for 3 straight quarters, 11 turn multibaggers

Betting Big! MFs raise stake in 30 stocks for 3 straight quarters, 11 turn multibaggers

In atleast 30 stocks, mutual funds have increased their stake consistently in the last three quarters, and their bullish stance alongwith the positive market sentiment saw around 11 of them giving multibagger returns in the last 10 months. What’s also interesting to note is that all the 30 companies have reported atleast 20% year-on-year (YoY) … Read more