BSE Midcap index has produced 12 gems since last Diwali, each delivering multibagger returns with 26 others yielding double-digit returns of 50% or more. There are 19 duds as well in the pack of 192 stocks which have fallen by up to 50% during this period. The 12 multibaggers are Indian Renewable Energy Development Agency … Read more
The average market capitalisation cut-off for a stock to make it to the largecap category in the upcoming Amfi semi-annual categorisation is expected to be Rs 84,000 crore compared to an average of Rs 67,000 crore in the six months ending December 2023, Nuvama said in a note. Meanwhile, the midcap threshold is likely to … Read more
Indian market is likely to consolidate on Tuesday tracking mixed global cues. The Nifty future closed positive with gains of 0.32% at 22167 levels on Monday. India VIX moved up by 5.22% from 15.22 to 16.02 levels. Volatility slightly rose but created momentum for the bulls. Positive setup was seen in stocks like GMR Infra, … Read more
Coal India. Share Price 398.80 03:59 PM | 20 Jan 2024 15.56(4.06%) Adani Ports & Special Economic Zone. Share Price 1193.00 03:59 PM | 20 Jan 2024 40.55(3.52%) Adani Enterprises. Share Price 2987.90 03:59 PM | 20 Jan 2024 72.25(2.48%) Kotak Mahindra Bank. Share Price 1806.80 03:59 PM | 20 Jan 2024 42.50(2.41%) ICICI Bank. … Read more
Global index services provider MSCI has added eight Indian stocks to its Global Standard Index and removed one as part of its quarterly index review. The changes will likely result in an inflow of nearly $1.4 billion from foreign passive funds when the actual changes take place on August 31. A release by MSCI on … Read more
Mumbai: Stocks of Power Finance Corporation, HDFC Asset Management Company, IDFC First Bank, Ashok Leyland, Cummins India, and Astral are likely to be included in the MSCI Global Standard Index in its forthcoming rejig to be announced on August 11, according to Nuvama Alternative & Quantitative Research. IDFC First Bank is expected to see inflows … Read more
NEW DELHI: Out of 8 stock baskets offered by Sharekhan’s InvesTiger app, 7 have managed to beat their respective indices by 4-12% since inception after factoring the transaction cost. “Apart from stock picking, we also focus on a top down approach which means having exposure in the right sectors depending upon macro conditions. This helps … Read more
The Indian market is expected to trade higher on Monday tracking positive global cues. The 30-share BSE Sensex fell 259 points to settle at 62,979, while Nifty was down 105 points at 18,665 on Friday. India VIX was down 3% from 11.55 to 11.23 levels on Friday. Lower volatility keeps the market choppy within a … Read more
In the upcoming quarterly index review by MSCI Inc, Cummins India, and IDFC First Bank have a high probability of entering the India index, according to Emkay Alternative and Quantitative Research.Global index aggregator MSCI Inc will announce the results of its quarterly review on August 10, and the changes, if any, will come into effect … Read more
Brokerage firm Jefferies maintained a buy rating on Sunteck Realty. Credit Suisse is bullish on L&T, UltraTech Cement, and Cummins India while it maintains an underperform stance on Container Corp, ABB India, and Voltas. CLSA continues to like HUL, ITC, and Dabur India while it has maintained its sell rating on Britannia Industries and Nestle … Read more