BUSINESS
Here are 23 stocks from top 5 PMS schemes that outperformed Nifty in December
58 percent (157 of 269 schemes) PMS schemes from the broader markets outperformed Nifty 50 in December by investing across various categories of stocks. Here are the holdings of top 5 schemes
BUSINESS
UltraTech Q3 results preview | Weak demand, higher input cost may result in steep decline in margins and profitability
The net profit for the quarter may fall by about 25-28 percent on-year on higher costs; net sales may improve up to 4 percent.
BUSINESS
HCL Tech Q3 Result | Profit comes in at Rs 3,442 crore, revenue grows to Rs 22,331 crore; meets expectations
Dollar revenues at 2.98 billion are up 13.8 percent YoY. Constant currency revenue growth 15 percent YoY
BUSINESS
Taking Stock | Market ends flat; Sensex falls 12 pts, Nifty settles just above 18,250
All sectoral indices ended in the red except Realty (up 1.15 percent) and IT which was up 0.57 percent. FMCG was the top loser - down 0.7 percent.
BUSINESS
Gold Prices Today: Yellow metal likely to remain volatile but might hold on to support levels; resistance at Rs 47,900
Gold continues to trade within $1780-1830/oz range and this may continue unless there is more clarity on Fed’s stance. Higher yields and stable equities may keep pressure on price, said Ravindra Rao, CMT, EPAT, VP- Head Commodity Research at Kotak Securities
BUSINESS
HCL Tech: Q3 Results Preview – PAT may increase ~4 percent QoQ, revenue may grow ~5 percent
Strong quarter expected for IT Services, product platform and ERD businesses but supply side headwinds persist
BUSINESS
Q3 Metals Preview – Non-ferrous metals to outshine ferrous counterparts
Steel companies profitability likely to be challenged by higher coal costs, reduced prices amid lower demand. Non ferrous companies are likely to post strong performance on the back of increased prices and higher volumes.
BUSINESS
TCS Q3 results | Here are the key takeaways
“Customers love our engagement model, our end-to-end capability, and our can-do approach to problem solving, and while mapping out their innovation and growth journeys, we are also helping them execute new-age operating model transformations to support those journeys,” TCS' CEO and MD Rajesh Gopinathan said.
BUSINESS
TCS Q3 results | Profit rises to Rs 9,769 crore, revenue grows to Rs 48,885 crore
Healthy growth across business verticals led by strong deal wins and an increase in digital spends by corporates helped the company post a double-digit growth in revenues.
BUSINESS
Cement Q3 Preview: Declining demand, higher variable costs to subdue earnings
The sector started the December quarter on a strong note in October but soon lost steam across regions due to extended monsoons and ban on construction in some parts.
BUSINESS
TCS: Q3 Results Preview – PAT may increase 14.5 percent from last year, revenue may grow 16 percent
Total contract values are expected to be little changed on a sequential basis. Supply-side challenges remain, but the demand outlook remains strong
BUSINESS
How the wealth management industry is evolving with changing customer needs
The majority of incremental market growth in future will go to 'WealthTech' enterprises with a 'phygital' (physical + digital) model that goes beyond traditional firms, say experts.
BUSINESS
Looking forward to 2022 – Sectors likely to be in focus
Experts suggest defensive sectors such as IT, pharma and FMCG in addition to those witnessing cyclical recovery as good bets for 2022
BUSINESS
Year Ender 2021: Sensex beaten hands down by majority of the sectorial indices
The broader markets witnessed a real ‘boom’ and no sectoral index ended in the negative, indicating the underlying bullishness in the markets.
BUSINESS
Looking back at 2021: In a year of generous returns, these companies acted villain and turned wealth destroyers
Experts believe that some of these underperformers still hold promise and can register a positive turnaround next year
BUSINESS
Taking Stock | Sensex slips 191 points, Nifty manages to hold 17,000; IT stocks buck the trend
Muted global markets and continued FII selling coupled with rising Omicron active cases dragged the benchmark indices lower.
BUSINESS
Gold Prices Today: Volatile trading on the cards, finds crucial support at Rs 47,850
Weak dollar index, higher US PCE Data supporting gold prices, however, higher bond yields and unemployment claims limiting the gains
BUSINESS
Small and midcaps throng multibagger list of 65 stocks in 2021. Can they keep cranking out triple-digit gains in 2022?
Sensex rallied 20 percent and Nifty 22 percent while BSE midcaps and smallcaps outperformed both the benchmark indices like last year, rising 37 and 58 percent, respectively.
BUSINESS
Gold Prices Today: Yellow metal likely to remain firm, silver also gains
Weakness in the dollar Index, US Consumer Confidence data and higher crude prices are supporting gold and silver
BUSINESS
Taking Stock | Sensex up 612 points, Nifty above 16,950 led by realty, pharma, metals and auto stocks
Volatility has been cooling down from the last two sessions which is giving comfort to the bulls for a bounce back move.
BUSINESS
Medplus Health Services trades at double-digit premium in grey market ahead of listing day
Medplus Health Services IPO | The company is commanding a premium of around 23 percent at Rs 180 a share
BUSINESS
Gold Prices Today: Yellow metal likely to remain range-bound; resistance at Rs 48,240
Gold is trading in a tight range as global shares rose, with European and US stocks rebounding on renewed risk appetite, despite the surging number of omicron cases around the world.
BUSINESS
Taking Stock | Sensex up 497 points, Nifty above 16,750; IT, metal stocks shine
IT heavyweights HCL Technologies and Wipro led the gainers on the Nifty followed by UPL, Adani Ports and Tata Steel, rising 3 to 3.9 percent
BUSINESS
Gold Prices Today: Yellow metal expected to remain choppy; resistance is at Rs 48,400
Both metals are expected to remain volatile ahead of the holiday trade in a tight range with a slight positive bias as indicated by the momentum indicator RSI on daily charts, say experts
