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These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%
The FPIs that were selling in the Indian market all these months mostly owned large-cap stocks. And as they sold them, it was that segment which bore the brunt of the selling. The same logic will operate in reverse as they start buying, focusing once again on the safer and more liquid large-cap stocks.
Nvidia controversy stokes export scrutiny risks for South Korean chipmakers
Samsung Electronics and SK hynix could experience greater export compliance challenges due to Nvidia's scrutiny over AI chips. US authorities have not announced new regulations yet, but potential measures might emerge. Chief Executive Jensen Huang's personal matters have spurred investigations into Nvidia's business dealings. A closed-door inquiry is scheduled to review security frameworks and contacts with foreign entities.
I was unfaithful to my wife: Nvidia CEO Jensen Huang admits secret affair with Chinese spy Alice Huang; all you need to know about the controversy
Nvidia CEO Jensen Huang admitted to having an extramarital relationship with a business executive. Reports suggest that the executive may have connections to Chinese espionage activities. Nvidia's board has initiated an independent investigation to examine these allegations thoroughly. US lawmakers have requested a briefing to understand potential national security issues related to the case. Huang remains the CEO, while the investigation seeks to clarify any risks to the company.
Stock Picks of the Week: 5 stocks with consistent score improvement and upside potential of up to 35% in 1 year, according to analysts
The market weathered a whole bad patch with almost no FPI money coming in. But it cuts the other way too. When so little has been flowing in, even a small amount of FPI buying can move the market more than it normally would. That said, the mood has turned from bearish to cautiously optimistic, thanks largely to dropping oil prices. None of that changes your basic job as an investor: Study companies, look at earnings, and keep quality front and centre.
Shiprocket posts maiden profit on strong core business growth
The company swung to a profit of Rs 60 lakh ($63,487) in the quarter ended September 30, from a loss of Rs 20.29 crore a year ago
World leaders who sparred with Trump express relief mixed with caution at Republican election rout
World leaders welcomed the Democrats' gains in the US midterm elections, hoping the setback for Donald Trump's Republicans could ease tensions over Washington's foreign policy. However, European and other allies cautioned that the results may not change Trump's approach to Iran, Ukraine, tariffs or NATO, as the president retains considerable freedom in foreign affairs.
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These mid-caps have ‘strong buy’ & ‘buy’ recos and upside potential of up to 28%, according to analysts
Global markets on Wednesday celebrated the outcome of the US mid-term election as well as a sharp drop in oil prices. Oil prices, which at the end of last week were at about $118 to the barrel, are now under $95. The hope clearly is that Democrat control of both chambers of the US Congress will pressure the Trump administration to pursue a diplomatic end to the conflict with Iran in the Gulf.
ETtech Explainer: Why SIM-binding is a concern for consumers and businesses
A new study raises alarms about the Department of Telecommunications' proposed SIM-binding requirement for messaging applications. The mandate could severely disrupt operations for consumers and businesses alike, especially impacting international travelers who depend on local SIMs or Wi-Fi. Businesses are bracing for heightened costs and difficulties tied to limited device accessibility.
These 11 private and public banking stocks have an upside of up to 33% in 1 year, according to analysts
It is too early to read a lot into the divergence seen in the stock price movements of private and PSU banks on Tuesday. Neither can it be said with any certainty that it had anything to do with FII buying. Against this background, remember: For any investor interested in the banking sector, the price movements should matter less than what the overall Q2 performance of both private and PSU banks reveals.
FM Sitharaman acknowledges foreign investor anxiety, says she will consider voices seeking tax changes before Budget
Union Finance Minister Nirmala Sitharaman acknowledged concerns from investors regarding potential tax changes to support equity markets. She emphasized that while taxation is vital, India's economic indicators remain robust and positive. Sitharaman highlighted the necessity for capital expenditure to sustain economic growth and fiscal prudence. On welfare, she noted significant improvements in access to essential services contributing to decreased poverty levels.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%
Oil prices matter to the Indian economy, and the market responded with a smart rally as Brent crude cooled significantly on Monday. The rally was broad-based and involved all segments. But too much should not be read into one day’s showing. The thing to watch remains the results of the US mid-term elections which will be known in India through Wednesday. It will decide which way the market will move in the coming days and weeks.
India's economic pillars show 'no fragility', says Finance Minister Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman highlighted the government's commitment to increasing capital expenditure to promote economic growth. She remarked on the importance of fiscal prudence while implementing spending strategies effectively. Sitharaman emphasized the need for public investment to enhance welfare programs and improve access to essential services. The government aims to provide comprehensive insurance coverage by 2047 to foster financial inclusion.
4 stocks with consistent score improvement and upside potential of up to 31% in 1 year, according to analysts
Although the indices are in the green on Monday, the market is extremely volatile. The upmove is being attributed to some recovery in oil prices as a reaction to talk of renewed negotiations to end the US-Iran conflict. But don’t be lulled into complacence by the recent uptick in the indices. The results of the US mid-term elections is the event the market will be watching closely. And which way they go will impact how the global markets behave in the coming weeks.
Fintechs fortify cyber defences; Logistics cos in the speed lane
Happy Monday! Fintechs are stepping up security as AI-powered cyberattacks become more sophisticated. This and more in today’s ETtech Morning Dispatch.
New-age logistics companies see rapid delivery as key revenue driver
Delhivery and Shadowfax, two of India’s largest third-party logistics companies, are expanding their same-day and next-day delivery services, betting that merchants will pay more for faster deliveries as competition for customers intensifies.
Assam signs Rs 600 crore deal for India's first state-run proton therapy centre
The Government of Assam has signed an agreement with IBA Particle Therapy India Pvt. Ltd. to establish a Proton Beam Therapy Centre. This facility will be the first of its kind in India, aiming to provide advanced cancer treatment. The project involves an investment of approximately Rs. 600 crore, with support from the World Bank. Specialised training will be provided to medical personnel for operating this advanced technology.
Short-term headwinds, yes; owning the ecosystem is better: 20 healthcare stocks with downside risk of 23% to upside potential of 41%
The healthcare sector is under scrutiny. The issue is pricing: What medicines cost and on what hospitals and the rest of the health ecosystem charge. And both the government and the courts have stepped in. At one level, that is not entirely a bad thing. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members.
AIIMS Gorakhpur director shifted to private hospital for heart-related evaluation; institute says advanced cardiac care facility to be operational soon
AIIMS Gorakhpur Executive Director Major General (retd) Vibha Dutta was shifted to a private hospital for cardiac evaluation after developing health complications. The development comes as the institute said nearly 70% of the work to operationalise its Cath Lab has been completed, with the facility expected to become functional by December.
Delhivery swings to Rs 41 crore profit as revenue rises 20% in Q2
The Gurugram-based company posted a net profit of Rs 41 crore during the three month period, compared to a Rs 50 crore net loss in the same quarter last year. The turnaround in Delhivery’s bottomline was consistent with its improving unit economics over the last few quarters. In the April-June period, it reported Rs 32 crore in net profit.
Rs. 15 lakh crore of revenue, questioned by authorities – and the real worry was where the cash went
A company can report a loan, an advance, or an investment even after the cash has moved beyond its control. Sometimes the explanation is legitimate. Sometimes the money has been used for a purpose shareholders never approved. How does this happen?
Shadowfax revenue rises 57% in Q2, net profit jumps fivefold
Its total revenue, including other income, rose 58% YoY to Rs 1,558 crore in Q2 FY27. The Bengaluru-based company’s total expenses rose 53% YoY to Rs 1,490 core, driven by other expenses, employee benefits expenses and depreciation and amortisation costs.
SCHOTT Pharma India marks a new chapter, building on its strong national presence and global capabilities
New identity reinforces the company’s focus on innovation, customer partnerships and pharmaceutical drug containment and delivery solutions
These mid-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analysts
When a market is as jittery as it is right now, poor numbers are treated harshly. A new-age company in the business of buying and selling used cars reported numbers that fell short, and the street punished the stock severely. But it is not just the clear misses. Anything that is well-owned and presents disappointing numbers is seeing double-digit cuts.
Blue Dart launches International Parcel Connect for SMEs, D2Cs
This service will enable e-commerce, D2C brands, and SMEs to connect with global customers. With options that cater to both premium and budget-conscious shipping needs, it accommodates parcels from 50 g to 11 kg, ensuring enhanced tracking.
Ukraine joins NATO's NSPA partnership, gains access to Alliance contracts for defence industry
Ukraine officially joined the NATO Support and Procurement Agency's Security Cooperation Support Partnership to strengthen defense collaboration. This partnership allows Ukrainian defense companies to access NATO contracts and resources for their operations. A recent Industry Day in Kyiv gathered around 150 Ukrainian companies to discuss procurement trends and opportunities. Ukrainian Deputy Defence Minister highlighted the unique access this partnership grants to the NSPA's services.
IMA urges review of Sunny Deol, Sanjay Dutt's ‘Suryaa’ promo, 'movie glorifies violence, generalises graft in medical field'
The Indian Medical Association has raised concerns about the promotional video of the film 'Suryaa - Ant Se Aarambh Tak'. They believe it portrays corruption within the medical profession and depicts violence against healthcare professionals in an inappropriate manner. The IMA has requested an investigation into the film's content and suggested corrective actions if necessary.
Taxi driver seeks Rs 3,000 for phone left in car, what Bengaluru police did next surprises everyone
A business visitor's account of recovering his manager's lost phone in Bengaluru has drawn attention online after a dispute over its return allegedly escalated into a Rs 3,000 demand. The men approached the Chikkajala police after spending hours trying to resolve the issue themselves. The officers helped bridge a language barrier, contacted the driver and facilitated an arrangement to retrieve the device, prompting users to praise their response.
Train passengers take note: 5 superfast trains, including 2 Vande Bharat Express services, get AI-based cleaning checks & a 2-hour complaint resolution target
Northeast Frontier Railway (NFR) has introduced technology-driven on-board services in five superfast trains to improve cleanliness, hygiene and passenger comfort. The initiative covers the Kamakhya–SMVT Bengaluru Express, Guwahati–Kolkata Garib Rath Express, Dibrugarh–Mumbai LTT Express and two Vande Bharat Express services. The upgrades include improved coach cleaning, washroom maintenance, digital monitoring, AI-based cleaning assessments and a two-hour target for resolving passenger complaints.
Raja Krishnamoorthi’s office receives suspicious package amid US probe into hazardous mailings
Congressman Raja Krishnamoorthi reported a suspicious package at his Schaumburg district office following similar nationwide mailings. Local emergency responders and federal law enforcement acted quickly to safely remove the package. These incidents involve letters addressed to election officials and congressional offices across multiple states. Other lawmakers, including Representative Bobby Scott, also received hazardous mailings that were intercepted by authorities. The series of events raises security concerns as midterm elections approach.
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