While Nifty ended with week-on-week gains of 1.5%, it was laden with top action where over three dozen companies from large, mid and smallcap segments witnessed prominent block deals worth Rs 14,602 crore on screen which included both buying and selling action. In the large cap segment, 15 companies witnessed significant block deals on the … Read more
“There should be an alternate vendor that can support you, even if at higher prices or higher cost. So, I think that is where the Indian players come in. Remember, last we checked, Indian API exports were around $4 billion and that number compares to China’s API exports of roughly $40 billion,” says Aditya Khemka, … Read more
“For this September series, we expect the range for September series for Nifty is 24,800 on the downside and on the higher side 25,600, this is going to be the possible range for Nifty. For Bank Nifty, the immediate supply zone which is placed is around 51,500 which is very important level to cross on … Read more
“There are no signs of bearishness, no signs of divergences. So, nothing on the charts as of now. So, let us make the best till it lasts,” says Vishal Malkan, malkansview.com. When are we going to hit that record high level? It seemed like a when and not an if but that when is also … Read more
Indian Railway Finance Corporation Share Price 178.77 03:59 PM | 16 Aug 2024 -0.29(-0.17%) One97 Communications Share Price 564.25 03:59 PM | 16 Aug 2024 25.46(4.73%) YES Bank Share Price 24.27 03:59 PM | 16 Aug 2024 0.29(1.17%) ITC Share Price 502.65 03:59 PM | 16 Aug 2024 10.45(2.13%) HDFC Bank Share Price 1632.1 03:59 … Read more
“So, obviously, Sun will be my top of the priority in the Nifty universe as well and I would also look at Lupin, the numbers were in line with what we were estimating. So, I think post Sun, Lupin would be my preferred bet,” says Rahul Shah, MOSL.What is your view on the pharma? I … Read more
Brokerage firms such as Morgan Stanley and JP Morgan are overweight on IndusInd Bank and Lupin, respectively, while Nomura, UBS, and Goldman Sachs have buy ratings for Aadhar Housing, Page Industries, and Eicher, respectively. We have compiled a list of recommendations from leading brokerage firms based on ETNow and other sources: Morgan Stanley on IndusInd … Read more
Indian markets traded volatile after Monday’s decline and settled marginally lower on Tuesday amid mixed signals. In today’s trade, shares of Pidilite, Godrej Consumer, PB Fintech, Gland Pharma, Tata Power among others will be in focus due to various news developments and first quarter results. Pidilite, Godrej Consumer, NHPC, BSE, ABFRL Shares of Pidilite, Godrej … Read more
Indian benchmark indices crashed nearly 3% on Monday following extremely weak trends in global equity markets amid fears of a slowdown in the US economy. In today’s trade, shares of RIL, Bharti Airtel, Vedanta, Tata Power, Lupin among others will be in focus due to various news developments and first quarter results. PFC, Vedanta, Tata … Read more
Besides macro factors and solid earnings growth, one of the biggest reasons behind higher valuation multiples on Dalal Street is the unflinching faith shown by domestic investors. But the valuation multiples can face headwinds if the domestic flows into equities slow down following rises in short- and long-term capital gains tax in the Union Budget, … Read more
