These 4 auto stocks hit 52-week highs; rallied up to 15% in a month – On A High!

These 4 auto stocks hit 52-week highs; rallied up to 15% in a month – On A High!

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

Sectoral Spotlight: Auto sector set to ride on festive fuel. Which stocks should you piggyback on?

Sectoral Spotlight: Auto sector set to ride on festive fuel. Which stocks should you piggyback on?

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

Hot Stocks: Brokerages on Poly Medicure, Tata Motors, Apollo Tyres and Infosys

Hot Stocks: Brokerages on Poly Medicure, Tata Motors, Apollo Tyres and Infosys

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

Street darlings: 10 stocks with high MF ownership turn multibaggers in 1 yr

Street darlings: 10 stocks with high MF ownership turn multibaggers in 1 yr

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

Jupiter Wagons, Faze Three among top smallcap additions by MFs in May; Dollar Industries, Sirca Paints major exits

Jupiter Wagons, Faze Three among top smallcap additions by MFs in May; Dollar Industries, Sirca Paints major exits

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

Q4 results today: What to expect from Lupin, Apollo Tyres and Westlife Foodworld

Q4 results today: What to expect from Lupin, Apollo Tyres and Westlife Foodworld

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

Selling could intensify if Nifty breaks 18,042: Analysts

Selling could intensify if Nifty breaks 18,042: Analysts

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

We are looking at becoming carbon neutral by 2050: Neeraj Kanwar, Apollo Tyres

We are looking at becoming carbon neutral by 2050: Neeraj Kanwar, Apollo Tyres

“Also, in the OEM segment, we are seeing, truck commercial segment coming back up, cars are also coming back up, so a pretty positive trend in India currently,” says Neeraj Kanwar, MD, Apollo Tyres.What is the trend that you are witnessing in the auto sector? Now we are seeing an uplift in both truck and … Read more

Deploy Protective Put strategy on Nifty in the April F&O expiry week: Kunal Shah

Deploy Protective Put strategy on Nifty in the April F&O expiry week: Kunal Shah

“The expiry week is likely to be volatile and the Monday trend will give a clear confirmation of where the market is likely to move. The range is 17500-17800 and a break on either side will have a decisive move,” says Kunal Shah, Senior Technical & Derivative analyst at LKP Securities. In an interview with … Read more

AMFI stock category rejig: Paytm, Bandhan Bank can get downgraded to midcap

AMFI stock category rejig: Paytm, Bandhan Bank can get downgraded to midcap

In its upcoming semi-annual list of stocks, Association of Mutual Funds in India (AMFI) is highly likely to downgrade and One 97 Communication ( Paytm) from largecap to midcap category, according to a report by . The AMFI rejig will majorly be classified by size, taking into account data from July to December 2022. This … Read more