Crude-sensitive stocks, including oil marketers, paint, tyre manufacturers, and airlines, fell on Monday, January 13, as Brent oil prices surged past $81 per barrel. The rise follows expectations that new U.S. sanctions on Russia will impact crude supplies to China and India. Oil prices reached their highest level in over three months, driven by concerns … Read more
Tyre stocks have been enjoying an upward rally in the past few months. Major players like Apollo Tyres and JK Tyres have enjoyed a surge of nearly 16% on the charts. With the reports of increase in the price of tyres, the stocks from the sector may come under the radar of investors positioning them … Read more
Apr 21, 2024, 12:11:01 PM IST 1/6 Shifting Sentiments Around 32 stocks witnessed buying by mutual funds over the past four months (November 2023 to February 2024) but turned to selling in March. Here are the top 5 stocks from the list, according to a report from Elara Capital. ETMarkets.com The stock witnessed continuous MF … Read more
Coal India. Share Price 398.80 03:59 PM | 20 Jan 2024 15.56(4.06%) Adani Ports & Special Economic Zone. Share Price 1193.00 03:59 PM | 20 Jan 2024 40.55(3.52%) Adani Enterprises. Share Price 2987.90 03:59 PM | 20 Jan 2024 72.25(2.48%) Kotak Mahindra Bank. Share Price 1806.80 03:59 PM | 20 Jan 2024 42.50(2.41%) ICICI Bank. … Read more
As the Indian automobile sector gears up for the long festive season which begins in two weeks with the Ganesh Chaturthi festival, auto stocks, whose fortunes will be aligned with the performance of the companies during this period, have come under the spotlight. Top brokerages along with analysts that ETMarkets spoke to remain gung ho … Read more
Brokerage firm Investec initiated coverage with a buy rating on Poly Medicure; JPMorgan has a neutral rating on Tata Motors, UBS downgrades Apollo Tyres to neutral and Goldman Sachs initiated a buy on Infosys, LTIMindtree and TCS. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Investec on … Read more
Mutual funds have been consistent buyers of Indian shares even when foreign institutional investors were sitting on the fence until the early part of 2023. This has paid off well as some of the favourite stocks of mutual funds have seen significant appreciation in prices, with some even turning into multibaggers within a year, data … Read more
Mutual funds were net buyers in Indian equities in May, adding stocks worth Rs 2,447 crore as compared to selling Rs 4,533 crore in shares in April. In the smallcap space, some of the major additions to the portfolios during the month include Jupiter Wagons, Nexus Select Trust Mall, Carysil, Chennai Petroleum Corp and Faze … Read more
Lupin, Apollo Tyres, Westlife, Raymond and Nazara are going to announce their March quarter results on Tuesday. Here’s a brief preview of what the companies might report in the fourth quarter. Lupin Kotak Institutional Equities expects Lupin to report $175 mn US sales in the fourth quarter, tad lower than the preceding quarter due to … Read more
The Nifty has closed below its short-term moving average and the broader price structure. According to technical analysts, these indicate a possibility of a bearish head and shoulder pattern formation. Hence, upside momentum is expected only above the 18,267 level, while the index can witness selling if 18,042 is broken. Stocks such as Siemens, ABB, … Read more