Promoters of at least 50 mid and small-cap companies have acquired shares of their firms from the open market since March 1 in the wake of declines in prices of many of these stocks. Jindal Stainless, JSW Energy, Zydus Wellness, Nuvoco Vistas, and Bharat Wire are among the companies in which promoters have purchased shares … Read more
Mumbai: Shares of companies with higher foreign ownership have slumped of late as renewed outflows from overseas investors have put the spotlight on these stocks. With the deadline for foreign portfolio investors (FPIs) to comply with the beneficial ownership norms around the corner, analysts said sentiment in several such stocks is jittery.HDFC Bank, with a … Read more
Adani Enterprises Share Price 2423.50 04:00 PM | 28 Nov 2023 198.05(8.90%) Adani Ports & Special Economic Zone Share Price 837.70 04:00 PM | 28 Nov 2023 42.15(5.30%) Tata Motors Share Price 697.50 04:00 PM | 28 Nov 2023 23.80(3.53%) Bharat Petroleum Corporation Share Price 424.50 03:59 PM | 28 Nov 2023 13.90(3.39%) Coal India … Read more
Nifty is anticipated to trade within a range, and a move above 19,900 could trigger an extended rally possibly to new life highs, according to technical analysts. Conversely, in the event of profit booking, initial supports may emerge around 19,500-19,400. Stocks such as Bharti Airtel, Bajaj Auto, NTPC, Jindal Stainless, RIL, Lupin, BHEL, Divi’s Lab, … Read more
Samvat 2079 has been a good year for small and mid cap stocks as equity markets navigated the highs and lows of interest rate uncertainties and geopolitical tensions. The smallcap indexes have surged over 30% during this period, compared with 9% gain in benchmark Sensex. Since last Diwali, as many as 172 smallcap stocks at … Read more
There are a host of corporate actions scheduled for this week. Infosys, ICICI Lombard, LTTS and LTIMindtree will trade dividends, while Jay Bharat Maruti will trade ex-split. Whereas, shares of three companies — Krishana Phoschem, Maruti Interior Products and Shri Venkatesh Refineries — will trade ex-bonus this week. Shares of Geekay Wires (Rs 10 to … Read more
Benchmark index S&P BSE Sensex fell nearly 670 points or over 1% at 66,933.52, dragged by HDFC Bank and Reliance Industries (RIL). The broader S&P BSE 500 index was trading at 27,712.32, down 205.65 points or 0.74% The market breadth skewed in favour of bears with 350 stocks trading with declines. The top gainers in … Read more
There are a host of corporate actions scheduled for this week. IRFC, Jindal Stainless, Gujarat Gas, Jupiter Wagons, Gokaldas Exports, and Landmark Cars will trade ex-dividend, while Power Grid Corporation will trade ex-bonus this week. The ex-dividend date is when the price of the equity shares of a company gets adjusted for the dividend payout. … Read more
Stocks from capital-intensive sectors, cyclicals and value stocks are expected to do well as long as the investment, commodity and credit cycle continue to remain robust, an ICICI Securities report said. The brokerage has identified over a dozen stocks with ‘Buy’ ratings which it referred to as ‘value stocks’ while cautioning against value traps. The … Read more
Brokerage firms such as Investec maintained a buy rating on Jindal Stainless. Bernstein recommends an outperform on Cipla, JPMorgan has a neutral rating on Maruti Suzuki and Motilal Oswal recommends a buy on Max Healthcare. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Investec on Jindal Stainless: … Read more