Indian equities might advance on Monday, snapping their three-day losing run, after the US markets rallied on Friday, cheering the lower than-expected jobs data in December and the contraction of the country’s services industry activity during the month. Analysts, however, do not expect a rally to sustain for long as traders will be tempted to … Read more
There’s expectations that Indian equities will witness a bull rally in 2023 amid strong foreign fund flows. With the aim of maximising potential returns while minimising risks, buying stocks with a high margin of safety, low earnings multiples, and stable business growth is the investment tip by Mayank Mehraa, a smallcase manager and principal partner … Read more
NEW DELHI: With Motown in top gear, auto stocks once again rewarded investors handsomely in 2022, clocking double-digit returns for the third consecutive year. The BSE Auto index which is up around 18% so far in 2022, rallied 19% in 2021 and 13% in 2020. But interestingly, the auto index has managed to outperform the … Read more
Shares of 2/3-wheeler major dropped over 4% to Rs 3,595.5 in Thursday’s intraday trade on the BSE after the company reported a 19.3% fall in November sales. Sales of Bajaj Auto stood at 3.06 lakh units in November 2022 against 3.79 lakh units in November 2021. Its exports also fell 30% to 1.53 lakh units … Read more
We are in the last leg of the Q2 earnings season and here is a quick snapshot of the companies slated to announce their September results during the week: November 13: , Virtuoso Opto and among others will declare their Q2 results today. November 14: , Abbott India, , , GE Power, Apollo Tyres, , … Read more
While the headline index Nifty gained 3.4 per cent in August, the total market capitalization of BSE-listed companies increased to Rs 280.24 lakh crore during the month. As a result, Dalal Street investors turned richer by Rs 13.66 lakh crore in August. In July-end, the total market capitalization of BSE-listed companies was at Rs 266.58 … Read more
Technical analysts expect the market to extend its decline this week. The Nifty is likely to touch the 17,600 level, and in case of further weakness, the index is expected to fall below the 17,200. Traders must buy stocks such as , , and Thermax; and sell , , BoB, and , analysts said. NAGARAJ … Read more
Indian markets started off on a weak note on Tuesday tracking muted trends seen in other Asian markets. Sectorally, some buying was seen in realty, public sector, power, and energy space while selling was seen in IT, healthcare, banks, and capital goods. Traders can look for stock-specific opportunities in the near term as index traders … Read more
NEW DELHI: With the Indian rupee crossing the 80 level against the US dollar, experts say the changing dynamics in the forex market can be a tailwind for stock investors in a turbulent market if their portfolios are positioned accordingly. While the strategy is simple – increase weightage on exporters and trim holdings in importers … Read more
NEW DELHI: Most analysts are turning bullish on auto stocks as Q1 volumes recover across segments and supply side issues seem to be easing, with an improvement in the supply of semiconductors. Led by rallies in , MRF, Mahindra & Mahindra, Hero Moto and , the Nifty Auto index is up over 8 per cent … Read more