Hot Stocks: Brokerage view on ITC, Godrej Consumer, Jubilant FoodWorks and Bajaj Finance

Hot Stocks: Brokerage view on ITC, Godrej Consumer, Jubilant FoodWorks and Bajaj Finance

Brokerage firm CLSA has a buy rating on ITC, Nomura recommended a buy call on Bajaj Finance, CLSA maintained a sell rating on Jubilant FoodWorks and Macquarie has a neutral rating on Godrej Consumer. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Nomura on NBFCs: Bajaj Finance, … Read more

Private bank stocks showing recovery signs with long build-up, delivery buying: Anand James

Private bank stocks showing recovery signs with long build-up, delivery buying: Anand James

Private largecap bank stocks like HDFC Bank, ICICI Bank, Axis Bank, and IndusInd Bank, which together form around 60% of Bank Nifty, saw Long buildup or shorts being covered on a week-on-week basis, says Anand James, Chief Market Strategist, Geojit Financial Services. “Delivery buying has started to pick up this week in the case of … Read more

ITC is world’s 3rd most valuable tobacco company after London-based BAT sinks

ITC is world’s 3rd most valuable tobacco company after London-based BAT sinks

Diversified conglomerate ITC, with a market cap of $67 billion (Rs 5.6 lakh crore), surpassed British American Tobacco Plc (BAT) to become the third most valuable tobacco company in the world. London-based BAT, which sells cigarettes, tobacco, and other nicotine products, has seen a sell-off in its shares in the past week, rendering its market … Read more

Hot Stocks: Brokerage view on Sunteck Realty, L&T, UltraTech Cement, HUL & ITC

Hot Stocks: Brokerage view on Sunteck Realty, L&T, UltraTech Cement, HUL & ITC

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

Parag Parikh Flexi Cap Fund defies ESG mania to bet big on this PSU stock

Parag Parikh Flexi Cap Fund defies ESG mania to bet big on this PSU stock

NEW DELHI: Bucking the increasingly-popular trend of keeping ESG parameters in mind while picking stocks, one of India’s most popular mutual funds – Parag Parikh Flexi Cap Fund – has hiked its stake in PSU stock . Based on the timeless principles of value investing, the mutual fund picked up 5.84 crore shares of the … Read more

Market Movers: Why ITC bucked weak trend; 94 stocks blink sell

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MUMBAI: Concerns over an emerging second Covid-19 wave and nervousness ahead of the outcome of the US Federal Reserve’s policy meeting tonight weighed on benchmark equity indices today. The broad-based selling saw largecap, midcap and smallcap stocks take deep cuts with four stocks falling for every one stock that rose on the National Stock Exchange. … Read more