Rajat Sharma, Founder & CEO, Sana Securities, says the energy and energy transition sectors are extremely overheated, and he would stay away from this. He likes the energy and power sector in an emerging economy like India and says it should do very well. Sharma says one should buy these stocks and have these in … Read more
Domestic markets traded subdued and ended the day nearly unchanged, continuing the ongoing gradual uptrend. In today’s trade, shares of General Insurance Corp, ONGC, SpiceJet, GSK Pharma, Cipla among others will be in focus due to various news developments. General Insurance CorpThe government has proposed to sell 6.78% stake in General Insurance Corporation of India … Read more
The NSE Indices Committee has announced the September 2024 rejig, impacting several major indices, including Nifty 50, Next 50, Nifty 100, and Nifty Bank. These changes will lead to significant inflows and outflows for various companies. Here’s a breakdown of the key inclusions and exclusions: Nifty 50 Inclusions: Trent and Bharat Electronics are expected to … Read more
The markets continued their upward momentum, gaining nearly half a percent on Tuesday. In today’s trade, shares of Zomato, Cyient DLM, L&T, Petronet LNG, NHPC among others will be in focus due to various news developments. ZomatoAntfin Singapore Holding has sold Zomato shares worth Rs 4,771 crore via block deals on Tuesday. The stake sale, … Read more
Trent and Bharat Electronics (BEL) may be included in the benchmark Nifty in the next shuffling of indices by the NSE in September, according to Nuvama Alternative & Quantitative Research. The two stocks could take the place of LTIMindtree and Divi’s Labs. Nuvama said the changes could result in $500 million inflow into Trent and … Read more
Domestic markets experienced a breather on Tuesday after the recent decline, gaining over a percent, driven by strong global cues. In today’s trade, shares of LIC, RVNL, BSE, Hindalco, Tata Motors, Eicher Motors among others will be in focus due to various news developments and first quarter results. LIC, Eicher Motors, RVNL, SAIL, MRF and … Read more
The first quarter earnings season is underway and as many as 158 companies will announce their quarterly numbers on Wednesday. Key results to watch out for include Pidilite, Godrej Consumer, NHPC, BSE and ABFRL. Apart from the above, companies like Aadhar Housing Finance, Abbott India, Abans Holdings, Apollo Tyres, Balaji Amines, Godfrey Phillips, Harsha Engineers, … Read more
The average market capitalisation cut-off for a stock to make it to the largecap category in the upcoming Amfi semi-annual categorisation is expected to be Rs 84,000 crore compared to an average of Rs 67,000 crore in the six months ending December 2023, Nuvama said in a note. Meanwhile, the midcap threshold is likely to … Read more
With the proposed changes in criteria for stocks to be eligible for the futures and options segment, around 25 stocks are likely to be excluded from the current list, while nearly 78 are likely to find place in the segment, according to analysts’ estimates. Sebi has proposed changes for the eligibility of F&O stocks which … Read more
May 10, 2024, 11:07:47 AM IST 1/8 Fall in promoter pledge Promoters refer to founders or controlling shareholders of the company. Companies with high promoter holding stocks are considered to be safer to invest in, compared to those with relatively lower stakes. Here’s a list of 7 midcap companies from the Nifty200 index that saw … Read more
