After six consecutive sessions of solid gains, the Nifty paused for breath on Friday, slipping below the 26,000 mark. While some investors see this as a short-term consolidation, market expert CA Rudramurthy BV believes the broader trend remains strong and sector rotation could fuel further upside. “See, we have to understand from 24,600 Nifty has … Read more
The technology sector continued to dominate market discussions this week as investors brace for a flurry of updates from top IT firms. TCS will kick off the earnings calendar, followed by management commentary and subsequent market reactions later in the week. Speaking to ET Now, Pankaj Pandey, Head Research, ICICIdirect.com highlighted that the IT index … Read more
Railway and defence stocks staged a rebound in Tuesday’s trade, sparking debate over whether the bounce was sustainable or merely a technical blip. Market experts noted that valuations in these pockets remain elevated, but recent corrections have opened selective opportunities. Narendra Solanki, Head of Equity Research at Anand Rathi Shares & Stock Brokers, told ET … Read more
Lower bad loan provisions helped Indian Bank report a 24% rise in net profit for the first quarter to Rs 2,973 crore, compared with Rs 2,403 crore in the year-ago period. Its pre-provision operating profit rose 6% year-on-year to Rs 4,770 crore from Rs 4,502 crore. Provisions against NPAs for the quarter stood at Rs … Read more
EPS growth stocks Consistently increasing quarterly earnings per share (EPS) indicates that a company is improving its profitability over time. This trend suggests strong financial health, effective management strategies, and potential for sustainable growth. In the Nifty200 pack, five companies have notably improved their EPS, showing increases for four consecutive quarters (till March ’25 quarter) … Read more
“It is a kind of bottom-up stock pickers market. So, the companies which are likely to perform well over the period of next three to four quarters are likely to be on radar of investor,” says Sunny Agrawal, SBI Cap Securities.It has been a decent recovery in April. What do you think this month has … Read more
Stocks of public sector banks have had a lackluster run on Dalal Street in 2025 so far, significantly underperforming not just private banks but also the broader Nifty, with some falling by up to 40%. With the tailwinds of lower interest rates, the RBI’s accommodative stance, and decent earnings, can PSU banks engineer a comeback? … Read more
The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points, prompting several Indian banks to adjust their repo-linked lending rates (RLLR). This move is set to benefit home loan borrowers, as banks like Indian Bank, Punjab National Bank (PNB), and Bank of India have announced reductions in their lending rates. … Read more
Amid an overall weak market sentiment, individual small and midcap stocks enjoyed their northward rally with shares of WPIL Ltd surging by as high as 44.16% in just one week. Shares of Prudent Corporate Advisory Services rallied 40% to close the week at Rs 3,577.65 on the BSE. The stock had gained 14.75% in the … Read more
Apr 21, 2024, 12:11:01 PM IST 1/6 Shifting Sentiments Around 32 stocks witnessed buying by mutual funds over the past four months (November 2023 to February 2024) but turned to selling in March. Here are the top 5 stocks from the list, according to a report from Elara Capital. ETMarkets.com The stock witnessed continuous MF … Read more