BUSINESS
Mahindra & Mahindra Q3 Results Preview: Net profit likely to rise 45% on strong auto volumes
M&M shares have risen 11% in October to December quarter, which is equal to returns of Nifty 50 in the same period
BUSINESS
Eicher Motor Q3 Results Preview: Net profit may grow almost 30 percent on RE, CV volumes
Eicher Motors shares have surged 20 percent in the October to December quarter, beating returns of Nifty 50 which has gained 11 percent during the same time.
BUSINESS
F&O Watch for Feb 12: Zee Entertainment enters NSE ban List
Indus Towers, Zee Entertainment, Steel Authority of India, Aurobindo Pharma, India Cements, Delta Corp, Balrampur Chini Mills, Ashok Leyland, Biocon, PNB, Hindustan Copper and UPL may enter the ban list as these stocks are near the 95 percent MWPL.
BUSINESS
F&O Watch for Feb 8: Delta Corp, Steel Authority of India placed on NSE ban list
PNB, Biocon, Tata Chemicals, Aurobindo Pharma, RBL Bank, Piramal Enterprises, Canara Bank, Aditya Birla Fashion and Retail, GMR Airports Infra, Bandhan Bank and PVR Inox may enter the ban list as these stocks are near the 95 percent MWPL.
BUSINESS
What’s next for Paytm stock after 3% recovery? Don’t buy yet, if you don’t have huge risk appetite
Bernstein has given an outperform call on Paytm with target price of Rs 600 as they expect the company to “successfully execute operational changes required to overcome restrictions”
BUSINESS
Tata Motors Q3 Preview: Net profit may rise 53%, revenue 22% on strong JLR sales growth
Shares of Tata Motors rallied 24 percent in the October-December quarter, beating Nifty 50, which rose 10.7 percent during the same time. The stock also hit a new high on January 31 ahead of its results announcement.
BUSINESS
Budget and Markets: Will FM add fuel to the rally in industrial stocks?
Budget 2024: The interim nature of the budget coupled with the expected slowdown in order books and execution of the industrial companies may lead to a muted performance in the first half of FY25.
BUSINESS
Steel stocks up after China announces plans to cut bank reserve requirement ratio
China is the largest consumer of metals in the world, and the market is betting that a reduction in interest rates will spur economic activity in the nation, particularly in infrastructure and housing
BUSINESS
NHPC zooms 12% after strong OFS, charges up power index
The strong performance of NHPC and other power stocks helped the BSE power index to move 2 percent higher
MARKETS
Bulk deals: Morgan Stanley Asia picks Rs 40.56 crore stake in Indigo Paints, Pinnacle Investments sells Rs 50.09 crore stake in D B Realty
Smallcap World Fund sold Rs 104.06 crore stake in Indigo Paints.
BUSINESS
F&O Watch for January 12: Polycab enters NSE ban list, GNFC likely to join
F&O Ban: Biocon, GNFC, Ashok Leyland, Aditya Birla Fashion and Retail, RBL Bank, UPL may enter the ban list as these stocks are near the 95 percent MWPL.
BUSINESS
F&O Watch for January 11: IRCTC likely to join NSE ban list, NALCO may exit
F&O Ban: BHEL, Biocon, Aditya Birla Fashion and Retail, Ashok Leyland, UPL, RBL Bank and IRCTC may enter the ban list as these stocks are hovering near the 95 percent MWPL.
BUSINESS
IT earnings can grow 15% in 2024 as AI spending rises, says Vikas Gupta of Omniscience
The CEO and Chief Investment Strategist of Omniscience Capital says IT companies will surprise the streets with higher earnings as global players' fat budgets will benefit Indian companies as well
BUSINESS
Analyst call tracker: SBI Life Insurance drives optimism on high growth, low costs
Brokerages are optimistic on the company due to healthy premium growth, price competitiveness, low cost ratios and superior agency strength.
MARKETS
Bulk Deals: Albula Investment Fund sell Rs 157 cr stake in Swan Energy, Axis Capital pick up 1.49 percent stake in TRF
FPI Albula Investment Fund sold 30.24 lakh shares or 1.14 percent stake in Swan Energy at Rs 519.9 per share.
BUSINESS
Speciality chemical stocks: When will the pain end?
They were once the favourites of investors. Analysts say though the pain is expected to continue for two more quarters, the long-term outlook is brighter on the back of strong demand from India’s growing economy and refrigerant demand
BUSINESS
Eye on elections: Should you prefer industrials or consumption stocks ahead of the polls?
While muted demand, high raw material prices are likely to hurt stocks in consumer staples, consumer discretionary are expected to fare better faring due to the premiumisation trend.
BUSINESS
Analyst Call Tracker: Pessimism in IT continues; AI can redeem IT stocks but not soon enough
In a recent report, Kotak Securities said that most enterprises are focused on cost reduction; moreover, trends do not indicate the possibility of recovery in discretionary spending in 1HCY24
BUSINESS
FIIs, DIIs buy Rs 2,073 crore, Rs 4797 crore equities on December 4, push Nifty, Bank Nifty to all time high after BJP's election wins
Earlier on November 30 after the exit polls predicted BJP victory in state elections, FIIs had bought Rs 8,148 crore of equities in the Indian market.
BUSINESS
How to trade Nifty in Dec? Watch out for poll results, check out seasonal sectors: Experts
NSE Nifty 50 has remained mostly indifferent in the month of December. Market experts advise to watch out for election outcomes, sectors that get seasonal boost and to wait for correction in recent outperformers
BUSINESS
Auto index rides on record festive sales to hit all-time high of 39,775
Auto sector are buoyant, as festive season sales increased by 19 percent compared to the previous year
BUSINESS
Titan surges past the highest target price, hits Rs 3 lakh crore market cap. What now?
Titan's core domestic business has a long runway for growth, according to analysts. Market expansion, buoyant gold prices, and robust demand during the wedding season will boost profitability
BUSINESS
Eicher Motors Q2 profit set to rise 44% on higher sales, price hikes
Lower raw material costs are expected to help the company’s Ebitda margin to improve
BUSINESS
Ultratech Cement investment sentiment turns positive; brokerages upgrade rating to ‘buy’
They attribute the positive sentiment on Ultratech Cement stock to a convergence of factors such as the company’s capacity expansion plans, coupled with its emphasis on green energy, successful price hikes, and positive long-term demand outlook
