Stock Radar: Down over 30% from November highs! This cement stock is a contra buy at current levels

UltraTech Cement, part of the S&P BSE Sensex index, has fallen over 35 per cent from its November 2021 highs, effectively putting the stock in a bear grip, but technical indicators suggest the possibility of a technical bounce back in the short term. The cement major hit a 52-week high of Rs 8267 on 8 … Read more

Is your shopping cart ready? Trent, Aditya Birla Fashion could give 30-50% return

Recovery in the second half of 4QFY22 offset the impact of the Omicron Covid wave. While the business was impacted for 35-40 days in 4QFY22, a quick recovery was seen in the latter part of the quarter. Sales in January 2022 and in mid-February 2022 were affected by the onset of the Omicron Covid wave. … Read more

Where to deploy short-term money? 4 financial instruments to park funds

In order to create wealth, you need to make prudent investments to make your money work for you. Thankfully, there are multiple investment avenues where you can invest as per your financial goals, risk tolerance, and liquidity needs. While long-term investments have always drawn attention, it is equally vital to focus on short-term investments, which … Read more

Sustainable recovery unlikely; short these five stocks are current levels: Ravi Singh, ShareIndia

The BSE Sensex lost about 3,000 points to close at 51,360, whereas the Nifty50 index plunged close to 990 points to settle below the 15,300 mark during the week. Both indices are a little shy of entering the bear zone. According to the market experts, the aggressive rate hikes by the US Federal Reserve and … Read more

Go Green! 3 power stock ideas for your long-term portfolio

The ‘grey to green’ theme is gaining pace in India as the renewable energy sector is set to increase four times by 2030. As India aims to meet 50 per cent of its energy requirement from renewable energy by 2030 and reduce its carbon emission by 45 per cent, domestic brokerage firm Securities finds money-making … Read more

2 stocks Kunal Bothra recommends for next week

The trading activity for the next couple of days would be a bit dull than what we have seen in the last couple of days and that could probably indicate that we may get into a range for the indices, says independent market expert Kunal Bothra. Edited excerpts:RIL is currently around 2800 and its life … Read more

As southwest monsoon draws near, all eyes on these 5 stocks

NEW DELHI: Farm income-related stocks are back in focus as southwest monsoon looks set to hit Kerala on May 27. A good monsoon tends to increase rural demand. Analysts said if the monsoon goes well, one may see a lift in farm income and, thus, demand, especially when food prices are rising. Two-wheelers, tractors, consumer … Read more

Kunal Bothra’s market outlook & two stock picks for next week

Friday’s move compliments data points on the indices. We also saw a blend of short covering as well as long built up so there were so many large cap names which looked more formidable likes of , Dr Reddy making a comeback, the pharma stocks overall making a comeback and such other sector which did … Read more