The retail investor community has emerged as the new don on Dalal Street, as evident in the value of their holdings in National Stock Exchange-listed companies. It has gone up by nearly three times since March 2020, when COVID-19 pandemic had paralysed the economy. The total value of retail holdings touched Rs 19.5 lakh crore … Read more
Global brokerage firm CLSA maintained an underperform rating on , a buy call on and an outperform rating on post Q2 results. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: CLSA on Asian Paints: Underperform | Target Rs 3425 CLSA maintained an underperform rating on Asian Paints … Read more
Mumbai: The market capitalisation of , the country’s biggest lender, crossed ₹5 lakh crore on Wednesday for the first time ever. SBI shares, which gained 2.3% on Wednesday to hit an all-time high of ₹574.75, had a market value of ₹5.10 lakh crore. SBI is the third bank in the country to cross ₹5 lakh … Read more
Portfolio building is an extremely important step for investors looking to make investments in equity markets. It is always advisable to never overexpose all your money on one particular stock, sector or theme. It is important to take a more balanced approach while investing in equity markets. Moreover, your risk appetite and style of investing … Read more
In January 2008, the Nifty peaked at 6,357 after suffering a freefall from there, it recovered to 6338 by November 2010. From there on, the Nifty50 remained range bound till December 2013 when it picked up pace and finally crossed 6400 in March 2014. Then, the Nifty galloped beyond 9000 in March 2015. Now imagine … Read more
The total market capitalization of BSE-listed companies jumped close to Rs 43.88 lakh crore in the last two weeks and hit an all time high of Rs 280.52 lakh crore on August 18 from Rs 236.62 lakh crore on June 17. For this study, ETmarkets.com has considered the market capitalization of only BSE500 companies, which … Read more
Asian Paints is one of the biggest paint companies in the industry with a strong distribution channel as its moat. It has four major business segments: decorative, international, industrial and home improvement. Each business segment has a different set of opportunities and challenges. The paint industry is highly dependent on the performance of the real … Read more
“If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.” – Warren Buffett If you are one of the followers of Buffett’s methodology of buying and holding stocks for the long term without disturbing the silent but magical power of compounding, then you might be … Read more
Indian market started on a strong note on Friday tracking positive global cues. The S&P BSE Sensex rallied more than 200 points while the Nifty50 rose above 17400 levels in the first 15-minutes of trade. Sectorally, buying was seen in telecom, IT, banks, capital goods, and FMCG while some selling was seen in oil & … Read more
Mumbai: Profitability of large Indian companies that have announced their first quarter results so far is showing signs of being under pressure. Analysts’ earnings per share (EPS) estimates of Nifty for FY23 have been trimmed by 1.85% to ₹858, mainly due to lower-than-expected results from some of the big companies like and . Excluding the … Read more