“All this will take away the focus of the company from its core lending and borrowing business and instead focus on fixing the house. So, growth and operations is a casualty,” says Chakri Lokapriya, CIO-Equities, LGT Wealth.What do you make of the market set up right now?Chakri Lokapriya: Clearly, with the US fiscal deficits turning … Read more
India Inc’s Q4 FY25 earnings season continues this week, with 81 companies scheduled to release their financial results. Key names to watch include ITC, Sun Pharma, IndusInd Bank, Power Grid Corporation of India, Hindalco, Interglobe Aviation (IndiGo), ONGC, Bharat Electronics, DLF, Dixon Technologies, Solar Industries, United Spirits, Ashok Leyland, Grasim, RVNL, and Honasa Consumer. Here … Read more
“With their kind of truce with China for 90 days, with very reasonable tariffs on both the sides augurs definitely well for US economy and the global economy as well,” says Sudip Bandyopadhyay, Group Chairman, Inditrade Capital.Let us talk about the markets because a lot has transpired over the last one week or so. You … Read more
Making adjustments to its model portfolio, domestic brokerage firm Kotak Institutional Equities has increased the weight of InterGlobe Aviation (INDIGO) by 100 basis points to 250 basis points and Pidilite Industries (PIDI) by 40 basis points to 190 basis points. Meanwhile, Dabur witnessed a decrease in the weightage. According to the domestic brokerage firm, both … Read more
In the Nifty200 pack, we have collated a list of six stocks that witnessed a 5-year swing high at the close on April 17, suggesting bullishness in counters, according to stockedge.com’s technical scan data. A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a … Read more
Even as macroeconomic uncertainty and global trade tensions cloud near-term market sentiment, leading brokerage Prabhudas Lilladher Capital (PL Capital) remains optimistic about the long-term prospects of Indian equities. In its latest market outlook, the brokerage has outlined a bull case target of 27,590 for the Nifty. It projects a potential upside scenario if valuations revert … Read more
In the Nifty 500, three stocks are witnessing Golden Crossovers, according to stockedge.com’s technical scan data. Source link
Crude-sensitive stocks, including oil marketers, paint, tyre manufacturers, and airlines, fell on Monday, January 13, as Brent oil prices surged past $81 per barrel. The rise follows expectations that new U.S. sanctions on Russia will impact crude supplies to China and India. Oil prices reached their highest level in over three months, driven by concerns … Read more
While the Nifty ended the week with a 1.6% gain, over Rs 8,228 crore worth of block deals were executed across large, mid, and small-cap stocks, marking significant market activity, which included both buying and selling action. Large-cap block deals In the large-cap segment, Torrent Pharma led the action, recording block deals worth Rs 3,207 … Read more
India’s largest airline by market share, InterGlobe Aviation is expected to report a sharp decline in its year-on-year net profit for the three-month period ended June 30, 2024. The profit after tax (PAT) is seen in the range between Rs 2,135 crore – Rs 2,430 crore for April-June according to estimates by a couple of … Read more