Shares of Zee Entertainment Enterprises Ltd (ZEEL) are likely to be in focus on Thursday following the resignation of Ashish Sehgal, the company’s Chief Growth Officer for Ad Sales, Broadcast & Digital. Sehgal, who has been associated with Zee for nearly two decades, stepped down citing personal reasons. “Pursuant to Regulation 30 of the Securities […]
US stocks: S&P 500 notches record close; traders turn to Nvidia results
The S&P 500 notched a record high close on Wednesday ahead of quarterly results from Nvidia, Wall Street’s most closely watched event this week, which will test the rally that has pushed valuations of AI-related companies to levels that some investors view as too high. Shares of Nvidia, the world’s most valuable company and the […]
Motilal Oswal Securities: Motilal Oswal Securities bullish on India’s consumer sector; HUL, Marico among top picks
Motilal Oswal Securities has reaffirmed optimism on India’s consumer sector after a steady first quarter. Its top bets are Hindustan Unilever, Godrej Consumer, Marico, Page Industries, Titan, P N Gadgil, and Restaurant Brands Asia. Agencies The brokerage expects a broad-based recovery in FY26, driven by easing inflation, potential rate cuts, tax benefits, and a strong […]
This midcap stock surged up to 22,344% since last Ganesh Chaturthi; 32 others rose up to 2,557%
As India celebrates Ganesh Chaturthi today, a look back at the past year shows 33 stocks delivering up to 22,000% returns since the last Ganapati Utsav. Topping the list is midcap Elitecon International with a staggering 22,344% gain, followed by smallcaps Kothari Industrial Corporation and Colab Platforms, which surged 2,557% and 981%, respectively. Other multibaggers […]
Valuations frothy, but growth still worth paying for: Amish Shah
With valuations running high across the Indian equity landscape, investors are grappling with one question: Is there any value left? In a conversation with ET Now, Amish Shah, market strategist, made it clear that bargains are rare — but sectors with visible growth could still justify their premiums. “Unfortunately, there’s nothing left as value in […]
US tariffs to hit textiles, gems, MSMEs hard; GDP growth forecast cut to 6%: Nomura
New Delhi: India’s economy faces significant risks from steep US tariffs, with export-heavy sectors such as textiles, gems and jewellery, food and marine products likely to bear the brunt, said Aurodeep Nandi, India Economist at Nomura. While smartphones, pharma and petroleum products remain exempt, nearly 30–40% of India’s export basket is directly exposed to the […]
Trump tariff impact on India ‘overhyped’; premium consumption, NBFCs to lead growth: Marcellus’ Krishnan VR
The additional tariffs imposed by the US administration, set to take effect from August 27, will have a limited impact on India’s economy, said Krishnan VR, Quantitative Research Specialist at Marcellus. Speaking to ET Now on the eve of Ganesh Chaturthi, Krishnan argued that while a few labour-intensive sectors like textiles, gems and jewellery, and […]
Ganesh Chaturthi Picks: Eternal, DMart, Eicher among top stocks to buy with up to 16% upside scope
As India celebrates the auspicious Ganesha Chaturthi festival, market expert Pravesh Gour, Senior Technical Analyst at Swastika Investmart, has suggested three stocks to buy for long-term gains this time around. The stocks recommended by him include Eicher Motors, Avenue Supermarts, and Eternal. Here’s why Buy Eicher Motors | Target: Rs 6,800 | Upside: 11% Eicher […]
FMCG and auto stocks to outperform even as Nifty loses momentum: Ajit Mishra
After nearly two weeks of rebound, Tuesday’s session turned out to be a dampener with selling pressure gripping the indices right from the opening bell. “What made it worse was the banking sector,” said Ajit Mishra, SVP – Research at Religare Broking, in a conversation with ET Now. “Private banks have not participated in this […]
Sunil Singhania-led Abakkus buys equity worth Rs 64 crore in Edelweiss Financial via block deal
Sunil Singhania-led Abakkus Asset Manager Private Limited picked up over 64.3 lakh shares of smallcap Edelweiss Financial Services in a block deal worth Rs 64 crore. The shares were acquired at Rs 100 apiece, a discount of 0.9% to Monday’s closing price. The sellers were Edelweiss Employees Welfare Trust and Edelweiss Employees Incentives and Welfare […]