With a lackluster Q2FY25 earnings season behind, several top brokerages have made changes to their model portfolios and come out with their preferred stocks and buy recommendations. ETMarkets brings a list of top stocks, which are part of the model portfolios of Motilal Oswal Financial Services (MOFSL), Nuvama Institutional Equities and Kotak Institutional Equities. Nifty … Read more
Provisioning for bad loans by banks fell in the September quarter for the second consecutive period based on year-on-year comparison driven by the public sector banks (PSBs). For a sample of 29 publicly listed banks, provisioning for non performing assets (NPA) fell by 2.9% to Rs 27,318.2 crore. For PSBs, it fell by 11.6% to … Read more
“What the reaction of the global markets will be to US elections and whoever wins is tough to say. It is unpredictable, so I think that is something we need to watch out for. But from the Indian largecap, Nifty and Sensex, my personal view is that downside, if at all from the current level, … Read more
The second quarter earnings season is underway and as many as 182 companies will declare their results this week. Some of the marquee names include ICICI Bank, YES Bank, ITC, Bajaj Housing Finance, HUL, Ultratech Cement, Bajaj Finance, Bajaj Finserv, IndiGo, Paytm, and Zomato among others. Here are the key earnings to watch out next … Read more
Four of the top-10 most-valued firms together added Rs 81,151.31 crore in market valuation last week, with ICICI Bank and HDFC Bank emerging as the biggest gainers. Last week, the BSE benchmark declined 156.61 points, or 0.19 per cent. While HDFC Bank, Bharti Airtel, ICICI Bank, and the State Bank of India were the gainers, … Read more
Sustained selling pressure from foreign investors, muted second quarter earnings expectations, and elevated valuations acted as headwinds for the market during the week as benchmark indices ended in the red. But, even in a muted market, 42 smallcap stocks have delivered double-digit weekly returns with five of them offering over 25% returns. Nalwa Sons Investment … Read more
“It is not for the intraday or one or two-days trade, but positionally if we were to see, they are likely to do well in the coming times and overall capital market theme is likely to do well from here,” says Vinay Rajani, HDFC Securities.Well, the market is very sideways. The action is really in … Read more
UBS bought over 81 lakh shares in IDFC Limited on Wednesday for Rs 88 crore through UBS Principal Capital Asia Limited via a block deal. The shares were purchased at a price of Rs 107.92 apiece. IDFC Limited shares will be suspended from trading with effect from Thursday, October 10 which is the record date … Read more
Mumbai: Sebi chairperson Madhabi Puri Buch on Thursday said the market regulator hopes technology advancements and transparency will help the corporate bond market grow as rapidly as the equities segment. Addressing the annual general meeting of mutual fund industry lobby grouping Amfi here, Buch said the primary market activity on corporate bonds is healthy with … Read more
The combined market valuation of 6 of the top-10 most valued firms jumped Rs 1,97,734.77 crore last week, with ICICI Bank and HDFC Bank emerging as the biggest winners, in-line with optimistic trends in equities. Last week, the BSE benchmark jumped 1,653.37 points or 1.99 per cent. The BSE benchmark soared 1,359.51 points or 1.63 … Read more