In the Nifty500 pack, four stocks are witnessing Golden Crossovers, according to stockedge.com’s technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks’ 50-day simple moving averages (SMA) crossed their 200-day SMAs on May … Read more
In a clear display of divergent strategies, foreign institutional investors (FIIs) and mutual funds took opposite calls on a clutch of new-age stocks during the March 2025 quarter. An analysis of 14 new age stocks shows that FIIs chose to cut their stakes 8 scrips in Q4FY25 compared to the Q3FY25, while mutual funds raised … Read more
Shares of FSN E-Commerce Ventures rallied 5.3% today to an intraday high of Rs 176.50 on the BSE after the company announced a strong third quarter, with net revenue growth expected to be higher than the mid-twenties. “Nykaa (FSN E-Commerce Ventures Limited, along with its subsidiaries) witnessed strong performance in Q3 FY2025, with consolidated net … Read more
Mumbai: The initial public offering (IPO) market is red hot, with five issues worth ₹7,400 crore opening for subscription this week, but enthusiasm is muted among finance companies that have historically lent to bidders in such share sales. With stringent rules on IPO financing put in place by the Reserve Bank of India (RBI) and … Read more
A host of important triggers are likely to have an impact on Titan Company, FSN E-Commerce Ventures, Dabur India and Gravita India. After Q2 updates, Morgan Stanley took an Equal Weight stance on Titan while Nomura maintained a neutral view on the Lifestyle-focused consumer technologies platforms FSN which operates Nykaa. Macquarie has a ‘Neutral’ stance … Read more
Shares of FSN E-Commerce Ventures, which operates online beauty and fashion retailer Nykaa, fell over 11% to the day’s low of Rs 130.10 on the NSE on Monday after a clutch of brokerages spelt out growth headwinds in their post earnings review of the stock. BofA, which has taken a neutral view on the counter, … Read more
Strong sales growth in both beauty and personal care products and fashion business is expected to have helped e-retailer FSN E-Commerce Ventures put up a good show for the quarter ended December. Analysts expect the company to report a 29-40% year-on-year (YoY) growth in consolidated revenue from Rs 1,098 crore. Net profit is likely to … Read more
NEW DELHI: Mutual fund managers seem to be bottom fishing for stocks, suggests the latest data as their top bets last month included many beaten-down counters. Among the 30 top picks of mutual funds in December across market cap, 19 have given negative returns to the tune of 6-60% in the last one year. Interestingly, … Read more