Mumbai: The benchmark Nifty has only corrected 2.5% in October so far, but granular data suggests bigger woes for investors. One such number, the advance-to-decline ratio for Nifty 500 stocks this month stands at 0.39, marking its lowest level in sixteen months, thereby underscoring the severity of the ongoing correction. This metric provides a deeper … Read more
A study of BSE-listed companies shows that at least 37 of them have maintained their EBITDA margin over 15% in each of the last 4 quarters of FY23 and also saw share price growth of over 50% in the last one year. When the filter was narrowed down to stocks that doubled during the period, … Read more
In addition to these scores, the report also contains trend analysis, peer analysis and mean analysts’ recommendations to help an investor make better & informed investment decisions. Synopsis While NIFTY stays in volatile mode and fear of correction grips the street. There are still some pockets where stocks have seen an improvement in their analyst … Read more
Indian market closed in the green for the second consecutive day on Monday. The S&P BSE Sensex rallied more than 400 points while the Nifty50 reclaimed 17,600 levels. Sectorally, buying was seen in metals, capital goods, telecom, banks, realty, and finance stocks while selling was visible in oil & gas, as well as power stocks. … Read more