These BSE500 stocks down up to 15-28% as bears tightened grip on D-Street

It turned out to be a painful week for the investors on Dalal Street as the benchmark index Sensex lost 2,943 points. The broader Nifty50, which ended below the 15,300 mark, is now just 411 points away from entering the bear zone officially. Data shows that it was the worst week for the Nifty in … Read more

As diversification takes spotlight for India Inc, here’s what equity investors should do

Strategic investments, especially mergers and acquisitions, have become the new fad in India as companies with deep pockets shell out huge amounts to pursue inorganic growth. This frenzy is witnessed across sectors, with recent major investments seen from paints & cement to media & entertainment, from transport logistics to pharma. The aim is to be … Read more

These BSE500 stocks shot up 10-39% even as bears tightened grip on D-Street

NEW DELHI – Domestic equity markets suffered a sharp decline in the week gone by as mounting concerns over high inflation both home and abroad stoked speculation of aggressive rate increases by central banks. The week gone by was a volatile one for stock markets as the Reserve Bank of India (RBI) announced a 50-basis-point … Read more

Top tier IT valuations attractive: Macquarie

Macquarie said worries over demand in the IT sector are overdone and all tier-I IT companies are trading in attractive territory after the recent fall in the sector. The brokerage’s optimistic forecast comes soon after recent downgrades of frontline IT stocks by Nomura and JP Morgan. Macquarie has upgraded to outperform and rated and as … Read more

These 6 stocks saw rise in profit margin for 4 quarters in a row. Worth a look?

NEW DELHI: , and L&T Technology Services are among six top BSE500 stocks (excluding banking and financials), which saw improvement in profit after tax (PAT) margin over the last four successive quarters. Data showed five out of these six stocks also outperformed the BSE Sensex in the last one year. Analyst estimates on five of … Read more

What should investors do with the IT pack amid rising concerns over outlook?

New Delhi: IT stocks have been reeling under pressure following the sharp outflows of global investors, which have pulled out close to Rs 1.65 lakh crore from the Indian equity markets in the current year. Majority of the IT players have missed the consensus growth expectations and the margin outlook has been moderate. BSE IT … Read more

Market movers: Matrimony shares spike 15%; Patel Engineering gets big order

NEW DELHI: Business growth of all companies is contingent upon how much new orders they can get. In that way seems to be doing quite well, and investors are taking note of the fact too. Patel Engineering announced that it has bagged a Rs 2,461 crore contract for the works of “construction of diversion tunnel, … Read more

Vijay Kedia, Dolly Khanna buy stake in Talbros Automotive Components

NEW DELHI: Ace value investor Vijay Kedia bought stake in Talbros Automotive Components, a maker of auto parts, during the December quarter, data shared by the company on BSE showed. Another value investor Dolly Khanna, who already owns a small stake, increased her stake in the company as well. Amid the emerging electric vehicle (EV) … Read more