Most teams in this IPL are taking risks and it is coming off: Rohit Sharma
Chasing a stiff 200-run target set by Royal Challengers Bangalore, MI on Tuesday romped home in 16.3 overs. Key Points
The Indian ExpressOzempic, the Hollywood weight-loss drug, now popular with NYC rich
Ozempic and Wegovy are a hit with Hollywood celebrities. Now, injectable weight-loss drugs are conquering the ranks of the Upper East Side rich. Key Points
InsiderAdherence to weight-loss drugs is far higher with Wegovy than older medicines
Forty percent of patients who filled a prescription for Novo Nordisk's (NOVOb.CO) Wegovy to treat obesity in 2021 or 2022 were still taking it a year later, more than three times the rate of adherence with older medicines, according to an analysis of medical records and insurance claims data. Key Points
ReutersStock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 27%
After the recent hit, there has been a bounce back in Nifty and sensex. Along with them there has also been an improvement in the market breadth But not enough to say that bears have once again have been beaten. At this point of time, one cannot rule out more profit booking which might emerge from global factors. The probability that the damage to stock prices in the mid-cap segment is still higher cannot be ruled out. In such times, if one is taking fresh exposure to equity, ensure that there is some level of quality as far as the business and fundamentals are concerned. 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 TimesThese largecaps have ‘strong buy’ & ‘buy’ recos and upside potential of more than 20%
Today despite the fact that the nifty heavyweights are trading in green territory, nifty is still trading just moving close to the red territory. This along with a negative market breadth is clearly indicating that finally a phase of profit booking has come. There is a high probability that this corrective phase may continue further. Because the valuation differential in large and mid cap had increased very sharply, there is more probability of a mean revision trade taking place. It might be better for have a bias toward looking at large cap when investing fresh money. Key Points
Economic Times
For moderate risk takers: 5 midcap stocks from different sectors with potential upside of up to 36%
Unlike last quarter of 2023, when nifty and sensex used to witness correction and mid-cap index was able move higher. Since the start of 2024, the mid-cap index is also participating in the correction, clearly indicating that some profit booking is taking place in this segment of the market. Having said that, if one looks at the flow of money to the mutual funds, a good amount of it is still coming in funds which are focussed on mid or small cap. There is no way one can fight 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 that this sector will do well because of ABCD reasons or the company will get such and such orders worth this much. There is enough evidence in history to show that more than anything else, checks and balances are most important at this point of time, while making investment decisions. Key Points
Economic TimesFor calculated risk takers: 6 midcap stocks with right levels of RoE and upside potential of up to 44%
Despite the fact the valuations are high and there are many headwinds both in terms of geopolitical risk and central banks policy making, the correction which is taking place in the market is not of the same magnitude which in the past such mews flow has brought. So at one level while the correction is taking place but at the same time, the under current is still that of hope. In such times of divergence, it would be better to add the words like portfolio rejig, caution, fundamentals and valuations to one’s thought process while buying stocks. Refinitiv’s Stock Report Plus which lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or strong buy . Key Points
Economic TimesThese midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 15%, according to analysts
After remaining under the control of bulls, mid-cap stock witnessed a sharp correction early last week and also this week. There is some correction taking place in a few select sectors. However analysts are still bullish on select mid-cap stocks. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or strong buy . This predefined screener is only available to ET Prime users. Key Points
Economic TimesWhen Mrunal Thakur normalised being ‘naive’ and ‘vulnerable’, taking one day at a time
Mrunal showcased her 'vulnerable' side on social media and penned down a moving note. She showed all her fans that it is 'okay to not be okay'. Key Points
The Indian ExpressAlok Arora: I never feel insecure about not being able to find work
Actor Alok Arora believes in staying unfazed by challenges in the industry and never taking rejections to heart, which has made him confident about his craft. He says he was never embarrassed about taking up small roles and enjoyed working with people who love cinema. Arora is currently busy deciding his next project on OTT and shooting for an untitled film. | Web Series Key Points
Hindustan Times
Sebi using Artificial Intelligence for investigations, says official
India Business News: The Security Exchange Board of India (Sebi) has been using Artificial Intelligence (AI) for its investigations. Referring to the instances of stock market manipulations, Varshney said adhering to the law will be more beneficial and violation will cause problems. The Securities and Exchange Board of India (Sebi) has been taking action against violators as well as measures to enhance transparency and curb misdoings. Key Points
Times Of IndiaP&W engine issues to lead to more aircraft grounding in March quarter, says IndiGo
IndiGo, which had a fleet of 334 aircraft at the end of September, is taking various measures, including taking planes on wet lease, retaining ceo aircraft and also leasing additional ceo planes from the secondary market. Against the backdrop of powder metal issues flagged by P&W, IndiGo's Chief Financial Officer Gaurav M Negi said globally, the airline understands that a large number of incremental engines are being removed for shop visits between 2023 and 2026. Key Points
Economic TimesBrain researcher who studies aging takes multivitamins for memory
New studies suggest that older people can get small memory benefits from multivitamins. The data convinced a neuroscientist to start taking them. Key Points
InsiderKarishma Sharma: With influencers taking over, it will surely be difficult for actors
Karishma Sharma, actor in Ek Villian Returns and Ujda Chaman, emphasizes the importance of visibility in the entertainment industry and explores diverse genres, including music videos, to connect with the younger generation. She believes social media views matter, but influencers taking over actors could lead to loss of work for actors. Sharma has recently turned producer and will be seen acting in her upcoming series, Blue Moon Night. | Bollywood Key Points
Hindustan TimesPLA deployment not increasing day by day: Gen Anil Chauhan
They haven't gone back. So, there is a challenge actually, he added. The armed forces are taking all kinds of steps so that there is no untoward situation...We have been able to get back to all places except two: Demchok and Depsang. Negotiations are on, he said. Hopefully that will come about, we are hopeful of that, he added. Key Points
Economic Times
Need a Social-Media Detox? Start With an Analog Watch
More women are using old-school timepieces, not phones or smartwatches, to check the hour. Some are emulating Rihanna. Others see it as self-care. Could taking your wrist offline lead to inner peace? Key Points
mintIt’s easy to say this is not 2008 but nobody understands full ramification of SVB crisis: Sudip Bandyopad
Sudip Bandyopadhyay, Group Chairman, Inditrade Capital, has said that the US banking crisis is a little bit of a concern , but that it is easy to say this is not 2008, this is different, these can be contained, and the US government is taking action. However, he cannot predict with certainty the full ramification of this. He advises investors to be careful too. Key Points
Economic TimesNational I am Day: 9 amazing self-care tips to rejuvenate yourself
In today's fast-paced world, it is common for people to lose touch with themselves which can result in burnout and stress. Here's how you can re-energise yourself every day. | Health Key Points
Hindustan TimesWeight loss from Eli Lilly’s Zepbound reversed slowly after treatment stopped
People who stopped taking Eli Lilly & Co.’s Zepbound after about eight months regained half the weight they’d lost a year later, as per a study. | Health Key Points
Hindustan TimesAvoid weight gain after Ozempic with 'maintenance dose': Doctor
Weight gain is a common experience among people who stop taking Ozempic. One doctor is experimenting with tapering off slowly to keep weight low. Key Points
Insider
Stock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 33%
Besides the hit which nifty and sensex have taken, what is more important is that there are more declines than advances and that is largely due to market breadth in the mid-cap segment. This is indicative of continued profit booking happening at the broader market level. At this point of time, one cannot rule out more profit booking which can bring more damage to stock prices in the mid-cap segment. In such times, if one is taking fresh exposure to equity, ensure that there is some level of quality as far as the business and fundamentals are concerned. 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 TimesThese midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 20%, according to analysts
After a strong phase of outperformance , mid cap stocks are witnessing a a wave of profit booking move. Unlike the past few weeks, where a rotational profit booking was taking place, this time the correction is taking place across the board. Now how long it will continue will depend on how the SEBI advisory pans out and also how nifty moves. During this phase, analysts are bullish on select stocks from different sectors, some of which are either the leaders of their sector or part of the top three companies which are known to be well managed. Key Points
Economic TimesFor high risk averse: 5 midcap stocks from different sectors with potential upside of up to 20%
In the last two months of the market, while the midcaps have done well, though the pace at which the outperformance was taking place has slowed down. So, there is a profit booking taking place in different parts and sectors. Part of this profit booking is due to the fact the valuations are high and probability that it would continue. At this point of time one should also focus on reducing risk.In reducing market risks, investors should integrate both quantitative and qualitative criteria to assess stocks, aligning expectations with realistic market performances and avoiding impulsive shifts based on short-term fluctuations. This involves a disciplined approach to examining fundamentals, particularly focusing on crucial financial ratios such as Return on Equity (ROE) and Return on Capital Employed (ROCE). These measures help in evaluating a company's efficiency and profitability, guiding investors away from making hasty decisions which are mostly done in a bullish market. Key Points
Economic TimesStock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 37%
In the last two months, there have been phases where the nifty has witnessed a short correction which lasted for anywhere between two to four days. The only difference is that unlike the past when such correction took place, this time when corrections are taking place mid-cap segment also participated. This is indicative of profit booking happening at the broader market level. At this point of time, one cannot rule out volatility which can bring more damage to stock prices in the mid-cap segment. In such times, if one is taking fresh exposure to equity, ensure that there is some level of quality as far as the business and fundamentals are concerned. 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 TimesQuality matters in all market conditions: 5 midcap stocks from different sectors with potential upside of
The movement of nifty and sensex needs to be delinked with what has happened in the last quarter and what might happen to mid-cap in the coming quarter. There is no way one can fight 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. Now how does one do it, simple, have a look at fundamentals and it is not very tough, having a look at some of the critical ratios like ROE and ROCE would help in committing silly mistakes. 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 mid cap space. Key Points
Economic Times
Stocks in news: Titan, RIL, Puravankara, Bank of Baroda, Biocon
Titan Co has clocked 20% year-on-year growth in its revenues for the second quarter ended September 2023. A total of 81 stores were added in this period, taking the groups retail presence to 2,859 stores. Key Points
Economic TimesFor volatile markets: 5 largecap stocks from different sectors with upside potential of up to 31%
In the last one month nifty and sensex have corrected. But the sentiment has not corrected as the broader market is still in the control of bulls. But as they say volatility comes without any prior notice, so it would be better for oneself to be prepared and probably if one is thinking of taking exposure, staying with large caps might be a better idea. Coming on the list is a cement major and Auto ancillary company which has recently opened two dedicated plants for supplying part of electric vehicles to OEM’s. 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 TimesBeating Volatility: 4 largecap stocks from different sectors with upside scope of up to 16%
Just because the broader stock markets indices like Nifty and Sensex have not fallen sharply in one trading session, the current wave of correction is not making it to headlines. In the last month, Nifty and Sensex have corrected. The broader market is still under the control of bulls. But as they say, volatility comes without any prior notice, so it would be better for oneself to be prepared and probably if one is thinking of taking exposure, staying with large caps might be a better idea. 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 in the algorithms & filters to find those which might help navigate the stock market. Key Points
Economic Times5 real estate stocks with 'strong buy' recos have upside scope of up to 29%
After their heyday of 2008, real estate companies made a comeback in the second half of 2020. Especially the residential part of the real estate. Multiple factors brought them back to the centre stage. Increase in demand taking care of excess inventory, and some saving’s once again shifting toward real estate as an asset class. Key Points
Economic Times4 Southern and Western India focussed realty stocks with “buy” reco can rally up to 46%
One sector which made a strong comeback after covid has been the real estate sector. Especially the residential part of the real estate. Multiple factors brought them back to the centre stage. Increase in demand taking care of excess inventory, and some saving’s once again shifting toward real estate as an asset class. Key Points
Economic Times
No institution should stop students from taking exam due to non-release of scholarships: Bains
If any college/university is found violating these instructions, strict action will be taken against them by the Punjab government. Bains directed the officials to immediately issue a notice in this regard. Key Points
The Indian ExpressMG Motor drives in Gloster Blackstorm edition at Rs 40.29 lakh
The MG Gloster represents a timeless symbol of comfort, luxury, and modern technology. taking this legacy, a step further, the Gloster Blackstorm exudes even more confidence and determined sportiness, MG Motor India Deputy Managing Director Gaurav Gupta said in a statement. Key Points
Economic TimesGo First asks tribunal to urgently pass order on insolvency plea
Go First on Monday asked the country's company law tribunal to urgently pass an order on its insolvency plea, citing lessors' efforts to take back planes. Another plea is that the DGCA, Airports Authority of India (AAI), and private airport operators should not cancel any departure and parking slots allotted to the company. However, aircraft lessors opposed the airline's request, saying that insolvency proceedings cannot be initiated without hearing them. Key Points
Economic TimesLilly's Mounjaro leads to more and faster weight loss than Novo obesity drug, data analysis finds
Overweight or obese adults lost more weight and shed pounds faster using Eli Lilly's (LLY.N) Mounjaro than those taking Novo Nordisk's (NOVOb.CO) popular rival weight loss drug, according to an analysis of health records and other data. Key Points
ReutersStart preparing for a buy-on-dips approach: Anand James explains why
The writing is on the wall with 18300 on the horizon. There are two opportunities ahead of us. One, play for a bounce off 50 DMA, near which we have closed for the last two days. Second, prepare for a buy on dips approach, while taking cues from the fact that even a tiresome bear phase that unfolded in Dec 2022, when similar conditions prevailed, lasted only for three months. Key Points
Economic TimesLawsuit: Woman says Ozempic stomach paralysis caused severe vomiting
A 44-year-old woman says diabetes drugs Mounjaro and Ozempic helped her lose 150 lbs, but paralyzed her stomach. She is now suing the manufacturers. Key Points
Insider