While Nifty ended with week-on-week gains of 0.7%, it was laden with top action where over three dozen companies from large, mid and smallcap segments witnessed prominent block deals worth Rs 8,364 crore on screen, which included both buying and selling actions. In the largecap segment, 15 companies witnessed significant block deals on the screen … Read more
Brokerage firm CLSA has an underperform rating on Jubilant Foodworks while Jeffries has a hold and buy view on Trent and Honasa respectively. Citi has a buy view on Grasim and Kotak Equities has a sell rating on Siemens. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: … 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
The domestic market reversed its earlier gains and closed in red on Thursday as the RBI’s decision to hold its current policy with a caution. In today’s trade, shares of Grasim, Info Edge, LIC, Eicher Motors, SAIL among others will be in focus due to first quarter results and various news developments. LIC Life Insurance … Read more
Tata Group’s retail firm Trent and state-owned defense giant Bharat Electronics are likely to find place in the Nifty 50 index in the September reshuffle, according to brokerage IDBI Capital. LTI Mindtree and Divi’s Laboratories are expected to be excluded from the index, it said. Trent shares have surged 84% so far this year compared … Read more
Indian Railway Finance Corporation Share Price 183.44 04:12 PM | 26 Jul 2024 -0.13(-0.07%) One97 Communications Share Price 509.05 03:59 PM | 26 Jul 2024 46.25(10.0%) YES Bank Share Price 24.97 03:59 PM | 26 Jul 2024 0.35(1.43%) ITC Share Price 502.2 03:59 PM | 26 Jul 2024 12.25(2.51%) HDFC Bank Share Price 1618.15 04:07 … Read more
“Our overall sense is that largely the bullish bias which we were carrying prior to election outcome remains intact. The only challenge what probably we need to sort of look at the element of populism which might come by and if the quantum is not so high, then overall directionally things are going to remain … Read more
“A single party or coalition getting more than 272 seats to form a stable government is crucial. If we look a week ahead and consider the steady inflows from domestic investors, they’re already favoring a stable government,” says Vinay Jaising, JM Financial. Firstly, let’s discuss the market volatility we are seeing just ahead of the … Read more
“We have been through a variety of political dispensations in the last three decades and growth has been in the 6-7% area. India rarely grows much faster than 7% and rarely grows much slower than 6%,” says Saurabh Mukherjea, Marcellus Investment Managers. Tell us what exactly were the conversations like when you were sitting far … Read more
Retailer and hypermarket operator Trent and state-owned Bharat Electronics are likely to replace LTI Mindtree and Divi’s Laboratories in the forthcoming rejig in the Nifty index, according to an estimate by Nuvama Alternative & Quantitative Research. The possible changes would lead to an inflow of $429 million or Rs 3,500 crore into Trent and $ … Read more
