Paytm and Vedanta emerge as top buys amid sectoral rotation and profit booking: CA Rudramurthy BV

Paytm and Vedanta emerge as top buys amid sectoral rotation and profit booking: CA Rudramurthy BV

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

Market Wrap: Sensex jumps 411 pts, Nifty tops 25,800 as Reliance, HDFC Bank rally post-earnings

Market Wrap: Sensex jumps 411 pts, Nifty tops 25,800 as Reliance, HDFC Bank rally post-earnings

Indian shares advanced for a fourth session on Monday, with the Sensex climbing 0.5% and the Nifty closing above the 25,800 mark, as heavyweight Reliance Industries and HDFC Bank surged on post-results optimism. Gains were partly offset by profit-taking in ICICI Bank, which capped the broader rally. The S&P BSE Sensex surged 411.18 points, or … Read more

Ahead of Market: 10 things that will decide D-Street action on Monday

Ahead of Market: 10 things that will decide D-Street action on Monday

The Indian market advanced on Friday, supported by gains in financial heavyweights amid renewed foreign portfolio investor (FPI) inflows over the past three sessions. Optimism ahead of the quarterly earnings season added to the upbeat sentiment, although Tata Consultancy Services (TCS) capped broader gains after reporting weaker-than-expected September-quarter results. The S&P BSE Sensex rose 328.72 … Read more

TCS results, AI bets and metals rally: Parag Thakkar sees value across IT, metals and banking sector

TCS results, AI bets and metals rally: Parag Thakkar sees value across IT, metals and banking sector

In an exclusive conversation with ET Now, Parag Thakkar, from Fort Capital shared his perspective on Tata Consultancy Services’ (TCS) latest quarterly results, the company’s strategic shift towards AI and data centre investments, and his bullish stance on the metals and banking sectors. “We have 2.5% weight in TCS and we are not going to … Read more

Pankaj Pandey bullish on Arvind Fashions and Trent as GST cuts boost margins

Pankaj Pandey bullish on Arvind Fashions and Trent as GST cuts boost margins

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

SBI’s home loan rate hike may delay purchases, impact first-time buyers the most: Yugen Infra

SBI’s home loan rate hike may delay purchases, impact first-time buyers the most: Yugen Infra

In a conversation with ETMarkets, Amit Mamgain, Director at Yugen Infra, said that SBI’s recent decision to hike home loan rates, even as the broader trend points to falling interest rates, could temporarily slow down housing demand. He noted that first-time buyers, who are highly sensitive to affordability and EMI changes, are likely to be … Read more

JSW Cement shares fall over 5% post market debut. What should investors do?

JSW Cement shares fall over 5% post market debut. What should investors do?

Shares of JSW Cement stumbled on their first day of trading Thursday, sliding more than 5% from their opening price and erasing early gains that had topped grey-market expectations, in a muted debut for the Rs 3,600-crore offering. The stock listed at Rs 153 on the BSE, 4.1% above its IPO price of Rs 147, … Read more

NIIT Q1 profit dips 44 pc to Rs 4.3 cr; revenue rises 2 pc to Rs 84.1 cr

NIIT Q1 profit dips 44 pc to Rs 4.3 cr; revenue rises 2 pc to Rs 84.1 cr

Skills and talent development firm NIIT Ltd on Friday posted a 43.6 per cent decline in consolidated net profit to Rs 4.37 crore in the April-June quarter due to headwinds from a turbulent environment in the technology and BFSI sectors. It had reported a profit (attributable to owners of the parent company) of Rs 7.75 … Read more