Oil & Gas sector

Oil & gas, construction and IT head FPI sell list; realty gets most inflows

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Oil & gas, construction and IT head FPI sell list; realty gets most inflows

Overseas investors were sellers to the tune of ₹12,519 crore across 11 sectors between June 1 and 15, as per data from National Securities Depository Ltd (NSDL). FPIs shifted money from Oil & gas, construction, information technology and metals & mining. Oil & gas sector witnessed the largest selling by foreign investors worth ₹3,683 crore … Read more

SBI, Godrej Consumer top buys post Q4 results; could give 13-17% upside in 1 year

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SBI, Godrej Consumer top buys post Q4 results; could give 13-17% upside in 1 year

The corporate earnings scorecard for 4QFY24 has been in line so far. The earnings spread has been decent, with 70% of our Coverage Universe either meeting or exceeding profit expectations. However, growth has primarily been led by the BFSI and Automobile sectors. The earnings growth was fuelled by the domestic cyclicals, such as BFSI and … Read more