“You have got a good rainfall, inflation is under control and I think the choice and aspiration of growing to bigger banks is growing. I continue to think Hindustan Lever on any correction, so as Marico and Nestle, but our two outperformers there are going to be Bata and Patanjali,” says Sanjiv Bhasin, Director, IIFL … Read more
The Indian market is expected to trade higher on Friday tracking positive global cues. India VIX was up by 3.71% from 11.31 to 11.73 levels on Thursday. Volatility spiked to 12.7 zones during the day and paved the way for the bears to completely take over the market. Since it is the beginning of new … Read more
“KPIT had a different story going for it because of their work on the EV automation side and the kind of order flows they were getting,” says Sandip Sabharwal, asksandipsabharwal.com.Although there may be two holidays this week, it is a pretty critical one. You have that surprise move by OPEC, RBI policy, the cue for … Read more
recently reported a 72 per cent rise in June quarter profit on a three times jump in sales, but analyst views on the counter have been fairly mixed. Those who see a strong outlook are betting on the company’s sneakers segment and see steady recovery in volumes ahead. Others who are not, pointed to volumes … Read more
Bihar Chief Minister Nitish Kumar on Monday asserted that “it will not take long” before work began on a state-level caste-based census, which he has agreed to after inability expressed by the Centre to conduct the same on a national level. Talking to reporters the chief minister said he had also made this known to … Read more
NEW DELHI: Nifty futures on the Singapore Exchange traded 44 points, or 0.26 per cent, higher at 17,304, signaling that Dalal Street was headed for a positive start on Wednesday. Here are a dozen stocks which may buzz the most in today’s trade: Power Grid, Nykaa: FSN E-Commerce Ventures (Nykaa), Power Grid, Tata Power Company, … Read more
Fund managers of leading mutual funds focused largely on initial public offerings (IPOs) in July. This is clearly reflected in the rising investments of the mutual funds industry in recently-listed IPOs. High valuation of several large and mid-sized companies and rangebound movement in the market during the month could have been a few key reasons … Read more