Russia convicts US reporter of espionage after a trial widely seen as politically motivated
Wall Street Journal reporter Evan Gershkovich is sentenced to 16 years in prison after a secretive and rapid trial in the country's highly politicised legal... Key Points
The Tribune IndiaPM's shoutout to Street vendors for being face of UPI, India's digital revolution
PM Modi said that under the PM Swanidhi scheme, Street vendors have got cheap and easy loans for the first time and that too without guarantees. He praised the vendors for adopting the idea digital India. Key Points
India Today'Makes me sick in the stomach': Golgappe stuffed with fruits raises eyebrows
A Street vendor from Jaipur was seen making fruit golgappe. . Many people were not happy with this dish shared their reactions in the comments. | Trending Key Points
Hindustan TimesStock picks of the week: 6 stocks with consistent score improvement and upside potential of up to 37%
For the first four trading sessions of the week, it appeared that bears are finally waking up but then on Friday, it was bulls all over the Street again. Better than expected GDP numbers, and high GST collections, probably were the trigger point for the bulls to once again stay in control. While it might be too early to say, there is a possibility that the market's may see a more bullishness in nifty than broader market breadth. Essentially, the probability of a selective correction which is essentially led by the profit booking continues to be high. At this time if one is looking to increase exposure, it would be better that they should look for stocks where there are some improvements in the business operating matrix that tend to weather the storm better. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame. Key Points
Economic TimesBTS' J-Hope announces new album, docuseries. Check release dates, names
J-Hope's new docuseries Hope on the Street and album Hope on the Street Vol. 1 are set to be released. Pre-order for the music album begins today. Key Points
Economic Times
Massive break-in at California bakery after car crash: Food and cash stolen
Viral video captures dozens looting a California bakery after a Street takeover, seizing lottery tickets and cash. The chaotic incident raises concerns over escalating lawlessness in the community. Key Points
Economic TimesSensex Today | Share Market Live Updates: Indices may see weak start as GIFT Nifty flat, Asia down; RBI policy in focus
Sensex Today | Share Market Live Updates: Asian stocks fell early Friday, shrugging off a rally on Wall Street, as traders ratchet up bets the Bank of Japan is nearing the end of its negative interest rate policy. Overnight, Wall Street rose to snap its first three-day losing streak since Halloween. Key Points
MintAsia stocks track Wall Street rally as treasury yields retreat
Asian shares rallied on Thursday after blockbuster results from tech darling Nvidia boosted Wall Street and a retreat in U.S. bond yields eased pressure on borrowing costs globally. Key Points
Business TodayFor moderate risk takers: 6 largecap stocks from different sectors with upside potential of up to 43%
One by one each sectoral index is touching a new high, except one which is Nifty IT index, even that index might make an attempt after what is happening to TCS post its Q1 results. This is clearly indicating that bulls are not only in control of the Street but also every corner of the street. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market. Key Points
Economic TimesJapan ambassador enjoys vada pav in Pune with wife. PM Modi responds
Hiroshi Suzuki posted a video of him eating Street food with a caption that read, "I love Street food of India ...but thoda teekha kam please!" | Latest News India Key Points
Hindustan Times
South Korean content creator tries ‘pani puri’ snack from Indian street. Watch reaction
He posted the video on his Instagram account called k_ladka_official three days ago and it has received more than 1.59 lakh views. Key Points
The Indian ExpressGoogle Maps Street View now available across India, even small village and town roads mapped and photographed
Google Maps Street View feature lets users view and explore places virtually. Users can explore areas there are planning to travel through a 360-degree viewing experience. Key Points
India Today'Fear Street: Prom Queen': Here’s all you may want to know about cast, storyline, production and more
Netflix unveils cast for Fear Street: Prom Queen, including India Fowler, Suzanna Son, Fina Strazza, David Iacono, Ella Rubin, Chris Klein, Lili Taylor, and Katherine Waterston. The film, based on R.L. Stine's novel, follows a high school prom plagued by mysterious disappearances. Key Points
Economic TimesGoogle Street View now covers entire India, here is how you can see your childhood school and village home
Street View works on the Google Maps app for Android and iOS, as well as on the web version. Users will need to enable the tool manually with a simple toggle. Key Points
India TodayInvesting in PSUs: Risks are of a different nature and so is reward for these 45 public sector stocks
Few years back, for a PSU stock to do well there was an unwritten rule on Dalal street. Is that company a divestment candidate? If yes, then the Street would look at in a positive manner otherwise it was a no go area. Nobody on the Street was interested in looking at whether the company is growing at a good enough rate, what the business was, whether it had any moat or not. Over the years, as no divestment took place, interest in PSU came down. The only time there was some activity at these stocks was when dividends were announced as the yield was high in these stocks. But then all of sudden things changed. In the last nine months, PSU stocks are the new stars of Dalal street. Will 2024 see the continuation of this trend ? Key Points
Economic Times
Process of overvaluations getting readjusted over? 4 stocks from diagnostics sector with upside potential
There are some businesses whose underlying nature is such that they don't have any sudden spike in their profits. However at the same time, there is constant growth. The growth could be because of many reasons, it may be because of the fact that penetration of that good or service is very low and over a period of time as it improves, both top and bottom line keep moving upward. In some cases, it could be because of the movement of business from the unorganized sector to the organized sector. It could also be because of the fact that the need is such that if required spending on it cannot be postponed. In the case of diagnostic business, it is all the three. But there is another side to it, how the Street is treating these businesses when it comes to valuations. In case of diagnostics, from dizzy heights of valuation in 2021 to today where it is being seen as a sector where there is nothing worth looking at this point of time due to multiple issues. Yes, there are real issues with the business, but not a bad time to get them on watchlist at least. Key Points
Economic TimesWelsh Professional Wrestler Adrian Street passes away at 82
Welsh professional wrestler Adrian Street passed away at the age of 82. He was known for his flamboyant persona and his contributions to the rise of the glam rock look in wrestling. Key Points
Economic TimesFor moderate risk takers: 4 largecap stocks from different sectors with upside potential of up to 25%
One by one each sectoral index is touching a new high, except one which is Nifty IT index, clearly indicating that bulls are not only in control of the Street but also every corner of the street. These stocks have seen their score improvement and some of them have even moved out of negative territory over the last one month. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market. Key Points
Economic TimesFor moderate risk takers: 4 large cap stocks with an upside potential up to 17%
One by one each sectoral index is touching a new high, except one which is Nifty IT index, clearly indicating that bulls are not only in control of the Street but also every corner of the street. These stocks have seen their score improvement and some of them have even moved out of negative territory over the last one month. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market. Key Points
Economic TimesFor investors with higher risk appetite: 5 largecap stocks with upside potential of up to 32%
One by one each sectoral index is touching a new high, clearly indicating that bulls are not only in control of the Street but also every corner of the street. These stocks have seen their score improvement and some of them have moved out of negative territory over the last one month. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market. Key Points
Economic Times
For risk takers: 5 largecap stocks with upside potential of up to 37%
Whether it is Nifty, Banknifty, Nifty Auto, Nifty real estate, all the indices and the market breadth are indicating that bulls are not only in control of the Street but also every corner of the street. The corrections are short lived. Even when there is a correction and volatility the bias of that volatility is still bullish, as indicated by an attempt of nifty to move upward by the end of the trading session. These stocks have seen their score improvement and some of them have moved out of negative territory over the last one month. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market. Key Points
Economic TimesHigh Street retail set to take off big
M3M recently announced a luxury high Street retail and 'Pentsuites' - or, serviced studio apartments - as part of a commercial project in Noida. The project will be developed on a three-acre land parcel with saleable space of about 900,000 square feet - 550,000 square feet in retail and 350,000 square feet for studio apartments. Key Points
Economic TimesStay bullish but just be more selective: 5 midcap stocks from different sectors with potential upside of u
If one goes by what is happening on the Street today, we probably are once again going back to a situation where mid-caps are charting their own journey and bulls are backing it. While the valuations are expensive, there is no point in fighting with liquidity, if it is going to mid caps and they are moving up irrespective of valuations or quality of stocks one cannot argue. But the only thing which as an investor one can do is to be careful when taking exposure to this segment of the market. Stay away from stocks where there is a narrative of stocks doing well that are not backed by fundamentals and track record. If the market stays like this, very soon once again there will be no dearth of tips floating in whatsapp groups and telegram channels. But there is enough evidence in history to show that finally it is earnings and valuations which decide what would be the price of stock price and clues about earnings come from just two things, sector and the management. So, focus on the sector and the quality and ability of management. Key Points
Economic TimesStock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 35%
At a time when everything on the Street appears good and green, there is a case of being selective and cautious. Cautious in terms of not going overboard with taking exposure to a certain stock, selective about what one is buying. The reason, even if it is in a raging bull market, the Street never stays in this all good and green mode forever. When the Street starts to become selective and gets into correction mode, it is stocks where there has been improvements in the business operating matrix tend to weather the storm better. So as an investor, one needs to look at every sector and company and their operating and valuation matrix separately. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame. Key Points
Economic TimesGoogle, Snapchat take bigger pie of ad spending, but slowdown may hurt growth
Google, which dominates the $270 billion digital advertising sector, recently disappointed Wall Street when its 8.9% fourth-quarter ad revenue growth fell short of expectations. Snap, which owns social media app Snapchat and also relies heavily on advertising dollars, reported discouraging revenue for its most recent quarter. Key Points
Economic Times
Time to look at them with a different lens; 7 not so large IT stocks operating in niche areas with upside
There is an old saying on Dalal street. News and stock prices have an inverse relationship. When news is good, stock prices are bad and when news is bad, stock prices are good. This probably has played in the IT space more than anywhere else. For more than one year, too much negative has been said about the IT sector and the fact is that management of most of them have been showing lack of confidence in terms of rate of growth. But what happened on friday is a reflection that the Street has been pessimistic beyond a reasonable level when it comes to IT stocks. It is time to look at each IT stock on an individual basis and their business model and strength and not with the same lens as the streets look at mega caps like TCS or Infy. Key Points
Economic TimesStock picks of the week: 3 stocks with consistent score improvement and upside potential of up to 25%
At a time when everything on the Street appears good and green, there is a case of being selective. The reason, if it is in a raging bull market, the Street never stays in this all good and green mode forever.when the Street starts to become selective, it is stocks where there are some improvement in the business operating matrix tend to weather the storm better. So as an investor, one needs to look at every sector and company and their operating and valuation matrix separately. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame. Key Points
Economic TimesNifty public sector enterprise index stocks: A re-rating of different kinds. Will it sustain and create we
The recent re-rating of PSU stocks has happened due to multiple reasons. Right from realization on the Street that to paint everything to same brush just because they are owned by government and ignore the fact the growth element is probably not right approach to the fact that there are some business where cost of capital and policy factor are loaded in their favour of PSU and that will not change any time soon. Key Points
Economic TimesSensex up 900 points, Nifty at record high: Decoding the bull run on D-Street
The Sensex surged over 900 points in early trade to cross 70,400, while the Nifty 50 hit a fresh record high. Read on to know the factors that are behind today's bull run on Dalal Street. Key Points
India TodaySensex Today | Share Market Live updates: Sensex, Nifty expect steady start; Gift Nifty flat
Sensex Today | Share Market Live updates: Indian markets expect to start on a steady note on Tuesday as Gift Nifty is trading marginally in the green. Wall Street ended with gains on Monday ahead of earnings and jobs data. Asian markets are also trading in the green for the most part in the morning. Key Points
Mint
Asian stocks follow Wall Street up ahead of US jobs update
Shanghai, Tokyo and Seoul gained. Hong Kong and Australian markets were closed for a holiday. Key Points
The Indian ExpressWall Street update: S&P 500, Dow ends mostly higher. Reason? Wave of buying
Wall Street update: The S&P 500 rose 6.29 points, or 0.1%, to 4,981.80. The benchmark index spent much of the day in losing territory before climbing higher. Key Points
Hindustan TimesStock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 38%
While it might be too early to call or to some it might appear to be wish of which bears on the Street would have, but the way the market breadth has panned out, there is probability of a selective correction taking place, which is essentially led by the profit booking. At this time if one is looking to increase exposure, it would be better that they should look for stocks where there are some improvements in the business operating matrix that tend to weather the storm better. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame. Key Points
Economic TimesFor calculated risk takers: 4 smallcap stocks with upside potential of up to 32%
It was the second time in the last ten days that banks are leading to decline in the market and the midcap index is trading with cuts which were greater than broader market indices. Yesterday should serve as a reminder to all those who have been buying stocks in the last few weeks without even bothering to look both at fundamentals and valuations. For all those who are looking at taking fresh exposure in small and mid-cap segments it would be better that rather than doing post facto analysis they should do more homework by looking at some fundamental ratios and business of the company. Despite doing all this, one should be ready to see a draw down as risk cannot be eliminated but only managed. Key Points
Economic TimesStock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 27%
While it might be too early to call or to some it might appear to be wish of which bears on the Street would have, but the way the market has panned out at the start of 2024, there is probability of a selective correction taking place. So, it is stocks where there are some improvements in the business operating matrix that tend to weather the storm better. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame. Key Points
Economic Times/cloudfront-us-east-2.images.arcpublishing.com/reuters/WYCTHT6NSBJPTDOSAFI6AO2LO4.jpg)
MetLife beats quarterly profit estimates on robust investment income
MetLife (MET.N) on Wednesday reported a third-quarter profit that was above Wall Street expectations, as recovery in the U.S. markets boosted the insurer's return from investments. Key Points
ReutersStudent protests over Israel-Palestine in Western colleges is seeing a corrosion of correctness
London's SOAS once had room for students protesting Margaret Thatcher hosting Israeli PM Yitzhak Shamir. Now it suspends them for demonstrating in support of Palestinians. Key Points
ThePrintPM SVANidhi achieves target of covering 50 lakh Street vendors
New Delhi [India], October 4 (ANI): PM SVANidhi scheme, which was launched to help Street vendors and small businesses overcome challenges during the pandemic, achieved its target of reaching 50 lakh beneficiaries. So far, as many as 65.75 lakh loans exceeding Rs 8,600 crore in disbursement took place, Union Minister Hardeep Singh Puri posted on […] Key Points
ThePrintUS stocks: Wall Street tumbles to its worst loss in months
International Business News: The Dow Jones Industrial Average fell 1% and the S&P 500 dropped 1.4%, the two indices sustaining their biggest falls since April. The Nasdaq composit Key Points
Times Of IndiaWeekly Top Picks: 5 stocks with score improvement and upside potential of up to 38%
In the last one month as more and corners of Dalal Street come under control of bulls, stocks from different sectors have seen an improvement in their analyst scores. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame. Key Points
Economic Times
Julie Goodyear gets diagnosed with dementia
Julie Goodyear, who is an English actor, has been diagnosed with dementia. The unfortunate news was shared by her husband Scott Brand. Key Points
Economic TimesStreet Fighter 6 World Tour Mode: Know how many chapters are available
World Tour mode, a fascinating new addition to Street Fighter 6, gives the series a grandiose atmosphere. We know how many chapters are available in the main narrative mode of Capcom games. Key Points
Economic Times3 years of PM SVANidhi: Among fastest growing micro credit schemes by govt, says Hardeep S Puri
Credit and finance for MSMEs: As of June 1, 2023, 65.60 lakh loan applications were received, of which 48.50 lakh applications involving Rs 6,120 crore were sanctioned and 46.53 lakh applications amounting to Rs 5.825 crore were disbursed. Key Points
FinancialexpressUS stocks: Wall Street ends down as debt-ceiling clouds hover
International Business News: US stocks fell, with the S&P 500 and the Dow Jones Industrial Average both down by 0.73% and 0.77%, respectively. The Nasdaq Composite dropped 0.61%. Key Points
Times Of IndiaA one-man team for a cleaner democracy
A man is seen pushing a poster on wheels through the streets of Bagalkot and speaking at Street corners. This is the typical way in which Nagaraj Kalakutagar campaigns, for himself. He is an Independent candidate with the symbol of “A pair of slippers”. Key Points
The Hindu
Sensex plunges 800 points: What’s making Dalal Street nervous?
At one point, the S&P BSE Sensex was down nearly 900 points and the NSE Nifty 50 was down over 200 points. By 10:30 am, Sensex was trading 795.48 points lower at 59,635.52. Even broader market indices fell sharply as volatility rose sharply. Key Points
India TodayAt times underperformance of capital employed on the Street is better than capital erosion: 6 FMCG stocks
It might appear odd to look at a sector that on the business side is facing headwinds and on the stock market front has been underperforming. But sometimes the rationale goes against owning a set of stocks when a bull run is just starting, the same rationale is applicable for buying the same set of stocks when there is a high risk of a correction in stock markets or when a correction has already started. The logic is that there are times when it is more important to focus on capital preservation even if it is coming at the cost of some under-performance of the capital employed in the short term. The way markets have corrected on Wednesday, it is very clear that bears are around the corner to clear the froth on the street. There is enough evidence to show that when bears are back on the street, they are not able to harm companies and sectors where even if valuations are not cheap the balance sheets and core business are strong. So, it is probably time to bring these old war horses back on the watch list. Key Points
Economic TimesPlay Street Fighter 6 ahead of official launch: Here’s how to sign up for the open beta
Capcom is all set to launch Street Fighter 6 on June 2 but access to beta begins on May 19. Here's how to sign up for the open beta and get your hands on the upcoming title. Key Points
The Indian ExpressWall Street drifts at end of bumpy week
The Dow Jones Industrial Average was up 213 points, or 0.6%, at 34,039, as of noon Eastern time, while the Nasdaq composite was 0.3% higher. Key Points
mintJ-Hope to release solo single On The Street in March, BTS agency shares details
J-Hope is all set to release his solo single On The Street in March. BTS agency has said that the song refers to the rapper's 'roots'. Check details here. Key Points
Hindustan Times
Best way to play on growth of Indian economy: These bank stocks can give more than 18% returns
After a very short phase of a correction, several PSU bank stocks were the top gainers in Tuesday's trading session. Today on Wednesday they are trading with minor cuts and some of them have seen intraday recovery. This is worth noting for two reasons. First, all PSU banks are sitting with a decent amount of gains for the last five months, and even then they have not witnessed a sharp decline. Second, on Tuesday, the breadth of the market was weak. Suddenly PSU turns into an outperforming set of stocks. It signals a couple of things. First, because the banking sector is probably the best proxy play to the Indian economy. It appears the view on the Street is positive on economic growth. Second, rather than taking exposure to an individual sector, taking exposure to PSU banks which are still among the lot that are available at relatively cheaper valuations is a trade on the street. But should one ignore the private banks? Probably not. They have their trajectory and just because they have not performed on the Street it does not mean their core business model has some issues.. It's just another phase that shall pass. Key Points
Economic TimesTime for them to say cheers and get re-rated? 4 not so well known smallcap breweries and liquor stocks
In the last three years, many sectors and companies which have been in the dumps for years have made a comeback. There are two kinds of comebacks, one is comeback on the dalal street. Second is a comeback in the real business. It is the second one which is more important as that is what finally matters to even the street. If one looks at the history of the liquor industry it has been dominated by two large names, but over the last few years, many smaller companies have made a comeback in a real business sense. Some due to their one brand getting super successful, others have been able to restructure their operation, reduce debt by selling some of the non core assets. Some by becoming bottlers and outsourcing their capacity to large players. In a nutshell, after two decades of ups and downs, these smaller players have reached the point where there is a possibility that they might see a re-rating, if they stay in course of clean and transparent corporate governance. Key Points
Economic Times