” I would like to just buy these midcap IT stocks at slightly more reasonable price to earnings multiples so there is margin of safety,” says Dipan Mehta, Director, Elixir Equities.At what point in time IT becomes what banks were in 2021. 2021, nobody liked banks. Everybody was worried about the impact of impact of … Read more
Mumbai: Private equity firm Apax Partners is likely to sell its entire stake in through a block deal on Friday, according to a person in the know. Dynasty Acquisition (FPI), a company linked to Apax Partners, is expected to sell up to 173 lakh shares, representing 4.63% stake in the company. The deal, valued at … Read more
The Indian market is likely to trade higher on Thursday tracking positive global cues. The S&P BSE Sensex topped 63,000 while the Nifty50 hit 18,700 levels on Wednesday. We have collated stocks from various experts for traders who have a short-term trading horizon: Expert: Jayesh Bhanushali, Sr Derivatives &Technical Research Analyst, IIFL, told ETBureau : … Read more
NEW DELHI: Top 10 FPI favourite stocks in the BSE500 pack are facing heavy selling pressure, as the institutional category continued to dump domestic equities, in the light of record low rupee, high valuations and better opportunities elsewhere. Data showed eight of the top 10 FPI-owned stocks saw cuts in institutional exposure in the March … Read more
Demand for loans to purchase trucks and construction equipment is gathering steam and back to the pre-Covid levels on rising infrastructure spending by governments and capital expenditure by private companies. The demand for retail credit too is back on track, shrugging off the economic cost of the pandemic. Non-Banking Finance Companies (NBFCs) such as , … Read more