Hot Stocks: Brokerage view on L&T, Voltas, RIL and ITC

Hot Stocks: Brokerage view on L&T, Voltas, RIL and ITC

Brokerage firm Jefferies maintained a buy rating on ITC, JPMorgan remained overweight on RIL, Macquarie has a neutral rating on Voltas and Citigroup maintained a buy on L&T post Q3 results. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on ITC: Buy| Target Rs 520 Jefferies … Read more

Nifty overvalued by 20%, says Kotak Equities, picks Britannia, NTPC for its All-Season portfolio

Nifty overvalued by 20%, says Kotak Equities, picks Britannia, NTPC for its All-Season portfolio

With a nearly 20% rally in 2023, Nifty is overvalued by as much, according to a report by Kotak Institutional Equities. The brokerage remains wary of an absolute return potential of the market from the current levels as it replaces ITC and Larsen & Toubro (L&T) with Britannia and PSU stock NTPC from its concentrated … Read more

Mcap of three of 10 most valued firms jump Rs 70,312.7 cr; Reliance biggest winner

Mcap of three of 10 most valued firms jump Rs 70,312.7 cr; Reliance biggest winner

The combined market valuation of three of the 10 most valued firms jumped Rs 70,312.7 crore last week, with Reliance Industries emerging as the biggest winner, amid volatile market conditions. From the top 10 pack, Reliance Industries, HDFC Bank and Hindustan Unilever were the gainers, while Tata Consultancy Services (TCS), ICICI Bank, Infosys, State Bank … 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

Rs 62,000-crore bet! D-Street’s retail bulls bet big bucks on these top 10 stocks in Q2

Rs 62,000-crore bet! D-Street’s retail bulls bet big bucks on these top 10 stocks in Q2

While Dalal Street saw foreign investors taking the slow lane towards the end of the September quarter, retail investors bet big bucks during the same period, showing their underlying faith in the domestic market. The shareholding data of retail investors showed that in value terms, the stocks bought by them outnumbered those sold. In 10 … Read more

L&T, ICICI Bank and Infosys lead on ESOPs. Nifty 12 top deck get richer by Rs 8718 crore

L&T, ICICI Bank and Infosys lead on ESOPs. Nifty 12 top deck get richer by Rs 8718 crore

Mumbai: A staggering amount of wealth was created by the upper echelons of corporate India over the last two years even as tough economic conditions loom large over the payouts of the broader employee base. A total of about ₹8,717.65 crore was potentially made over the last two fiscals by the senior-to-top management of 12 … Read more

M-cap of five of top 10 most valued firms decline by Rs 62,586 cr; TCS, Infosys biggest laggards

M-cap of five of top 10 most valued firms decline by Rs 62,586 cr; TCS, Infosys biggest laggards

New Delhi: The combined market valuation of five of the top 10 most valued firms declined by Rs 62,586.88 crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the biggest hit, amid an overall bearish trends in equities. Last week, the BSE benchmark fell 180.74 points or 0.27 per cent, and … Read more

Nine of top-10 most valued firms together add Rs 1.80 lakh crore in mcap; TCS biggest winner

Nine of top-10 most valued firms together add Rs 1.80 lakh crore in mcap; TCS biggest winner

The combined market valuation of nine of the top-10 most valued firms rallied by Rs 1,80,788.99 crore last week, amid an overall buoyant trend in equities, with Tata Consultancy Services (TCS) emerging as the biggest gainer. Last week, the BSE benchmark jumped 1,239.72 points or 1.86 per cent. The 30-share BSE Sensex rallied for the … Read more

Mcap of three of top-10 most-valued firms erodes by Rs 82,082.91 cr; Reliance biggest laggard

Mcap of three of top-10 most-valued firms erodes by Rs 82,082.91 cr; Reliance biggest laggard

The combined market valuation of three of the top-10 most valued firms eroded by Rs 82,082.91 crore last week, with Reliance Industries taking the biggest hit. From the top-10 pack, Reliance Industries, HDFC Bank and State Bank of India were the three laggards, while Tata Consultancy Services (TCS), ICICI Bank, Hindustan Unilever, Infosys, ITC, Bharti … Read more