Earnings weakness signals no near-term market breakout, warns Madanagopal Ramu

Earnings weakness signals no near-term market breakout, warns Madanagopal Ramu

“So, you should be prepared for some disappointments going ahead as well. So, that will keep the market in a tight band. If you look at the overall index level, I do not think you can see a breakout in the near term,” says Madanagopal Ramu, Head Equities & Fund Manager, Sundaram Alternates. Well, overall, … Read more

Hot Stocks: Brokerages on Amara Raja, United Spirits, Dixon Technologies, and Grasim

Hot Stocks: Brokerages on Amara Raja, United Spirits, Dixon Technologies, and Grasim

Brokerage firms such as Morgan Stanley maintained an underweight rating on Amara Raja, Macquarie has an underperform tag on United Spirits, HSBC has a buy call on Dixon Technologies, while Jefferies has a buy rating on Grasim. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Morgan Stanley … Read more

Rs 10,900 cr-worth bulk & block deals take place this week; Amara Raja tops charts

Rs 10,900 cr-worth bulk & block deals take place this week; Amara Raja tops charts

The week gone by saw a bunch of prominent block and bulk deals in nearly two dozen companies. The total deal value stood at Rs 10,926 crore with a lion’s share accounting for Amara Raja Batteries. The other prominent names include Kotak Mahindra Bank, HDFC Bank, Reliance Industries and Power Grid Corporation. Sizeable block deals … Read more