CanFin Homes Q2 Results: Profit zooms 34% to Rs 212 crore
Mortgage lender Can Fin Homes reported a 34% rise in net profit for the second quarter at Rs 212 crore against Rs 158 crore in the year ago period. Source link
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Budget 2024: Realty sector expects higher outlay for PMAY, home loan interest deduction limit raise
A higher Budget outlay for Pradhan Mantri Awas Yojana (PMAY), re-introduction of 100% tax holidays on construction of affordable houses and increasing the interest deduction limit on home loans are some of the demands of the real estate industry from the government in this year’s budget. A slew of favourable announcements in this sector could … Read more
Rajesh Palviya handpicks Can Fin Homes, EIL among top 4 stocks that could give 10-20% return
The Nifty50 started the week on a positive note and remained extremely volatile on either side throughout the Budget week. The Nifty closed at 21854 on the 2nd of February with a gain of 501 points on a weekly basis. On the weekly chart, the index has formed a bullish candle with an upper shadow, … Read more
Hot Stocks: Brokerages view on ONGC, Oil India, Can Fin Homes and J Kumar Infra
Brokerage firm Emkay maintained a buy rating on ONGC and Oil India, Morgan Stanley remained overweight on Can Fin Homes, and CLSA has a buy rating on J Kumar Infra. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Emkay on Oil & Gas: Oil India and ONGCEmkay … Read more
Stocks to buy| Hot Stocks: Brokerage view on Bajaj Finance, Can Fin Homes, Tata Motors and Kotak Bank
Brokerage firm CLSA maintained a buy rating on Bajaj Finance while Morgan Stanley recommended a buy on Can Fin Homes. Also, CLSA recommended a buy on Tata Motors and Jefferies has a buy rating on Kotak Mahindra Bank. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: CLSA … Read more
Ahead of Market: 10 things that will decide D-Street action on Thursday
Indian equities ended Wednesday’s session on a positive note ahead of the US Fed meeting outcome in the later hours. Nifty managed to end above 19,750 levels, up 0.5%, or 98 points. Among the sectoral indices, Nifty PSU Bank, FMCG, and Realty gained the most, while Nifty Consumer Durable and Auto Index ended in the … Read more
Stocks to buy today: 4 short-term trading ideas by experts for 16 May 2023
Indian market is likely to trade higher on Tuesday tracking positive global cues. The S&P BSE Sensex rose more than 300 points while the Nifty50 closed just below 18400 on Monday. Sectorally, buying was seen in realty, FMCG, telecom, and public sector while selling was seen in power, utilities and oil & gas stocks in … Read more
Looking for ideas to invest Rs 10 lakh this year? Here are a few allocation tips by experts
Equity as an asset class gave good returns in 2022, if not the best. However, the debt market saw heavy outflows in the backdrop of a high interest rate environment. Entering 2023, money managers remain bullish on equities and see a plethora of investment opportunities for investors. The view for the debt market has also … Read more
As Sensex rallies 9,000 pts from June low, 23 BSE500 stocks delivered over 50% returns
NEW DELHI: With Tuesday’s intraday gain, the BSE Sensex has climbed over 9,100 points from June low, outshining regional global peers by a good margin. The Dalal Street gains, Rs 50 lakh crore in market value terms, have largely been led by hopes that the domestic economy may stay on a strong footing even as … Read more
Buy, Sell or Hold: top 8 short-term trading ideas by experts for 25 August
Indian market rose on Thursday ahead of the August F&O expiry. The S&P BSE Sensex rallied more than 300 points while the Nifty50 inched closer to 17,700 levels in the first 15-minutes of trade. Sectorally, the rally was seen in realty, power, public sector, metals, and utilities. The highest new OI addition was seen at … Read more