BUSINESS
Another all-time high for Nifty, Sensex up 100 points on positive global cues
The momentum is likely to continue and markets expected to touch new highs. The market will track global cues as no major domestic events are lined up in the sort term, say analysts
BUSINESS
As PSU valuations soar, high-momentum, dividend-yielding stocks look brighter: Bernstein
Unlike dividend yield, value portfolio has limited room for earnings upgrades to continue and the trade looks relatively more crowded. Hence, dividend yield seems to a better way to play value within PSUs, accotding to Bernstein.
BUSINESS
Rural demand lag hits FMCG firms in Q3; benign inflation, MSP hike, Budget augur well for recovery
The FMCG sector had been hit by inflation, uneven rains during the kharif season and the resultant weak sentiment of the rural sector. However, sentiment is positive for the sector in coming months over expectations that the government will initiate measures to boost rural incomes and demand.
BUSINESS
Mid-day Mood | Nifty, Sensex trade flat as IT, Media stocks drag; focus on FOMC minutes
The resilient domestic buying is providing the main support to the rally in the market, and the strong performance of the economy and improving corporate earnings are also a solid fundamental support to the markets, according to analysts.
BUSINESS
Nifty, Sensex edge higher as pharma, energy stocks gain; FII selling in focus
For the Nifty, resistance is at 22,125 and lies in the 21,800–21,600 range, say experts
BUSINESS
Mid-day Mood | Nifty, Sensex inch higher on buying in auto stocks, focus on fundamentals
Nifty is now close to its all-time high, we expect it to surpass this level and touch new highs, said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services
BUSINESS
Zomato shares zoom 2% after CLSA raises target price
CLSA foresees considerable potential upside for Zomato, emphasizing the company's resilience and anticipated growth, even in scenarios where the base case for food delivery might not fully materialize.
BUSINESS
Banks, PSUs lead the selloff with mid and smallcap indices taking a bigger knock
The Nifty PSU bank index in particular is reeling under selling pressure, weighed down by Indian Overseas Bank, Central Bank, Maharashtra Bank, UCO Bank, Indian Bank and other names.
BUSINESS
LIC briefly crosses Rs 1,150 on stellar Q3 earnings: Should you buy, hold or sell the stock?
JPMorgan has upgraded LIC stock to 'overweight' from 'neutral' earlier with a target of Rs 1,340 per share.
BUSINESS
Analyst tracker: Why Infosys was most upgraded IT stock in one month while LTIMindtree was most downgraded
Both Infosys and LTIMindtree' Q3 results came in below Moneycontrol's poll estimates. While Infosys was the most upgraded IT stock in January, LTIMindtree was the most downgraded
BUSINESS
Market sell-off despite expected RBI policy outcome; lack of rate cut hints disappoint
Investors may choose a wait-and-watch strategy. Banking, finance and consumer durables are likely to profit from stable interest rates, while technology, healthcare, and utilities will be less affected, analysts said
BUSINESS
Nifty, Sensex open higher ahead of RBI MPC outcome; banking stocks in focus
Bargain-hunting and value-buying is likely as investors will be selective after the record rally in recent months, Prashanth Tapse of Mehta Equities Ltd has said
BUSINESS
RBI MPC likely to hold repo, policy stance, but markets may rally on rate cut hints
The RBI Monetary Policy outcome could create minor volatility in the market on February 8, according to analysts. And, hint of a rate cut in near future from Governor Shaktikanta Das may set off a fresh rally in equities
BUSINESS
Paytm stock jumps 10% to hit upper circuit after large trade of shares
Paytm saw a large deal in early trade in which around 21 lakh shares, or 0.3 percent, equity worth Rs 103 crore changed hands. The details of the buyer and the seller are not yet known
BUSINESS
Nifty, Sensex fall on last-hour selling; RBI meet, Q3 earnings eyed for cues
The broader market was mixed. The BSE Midcap index was up marginally higher, while the smallcap index traded 0.3 percent lower
BUSINESS
Budget and Markets: Moneycontrol Tracker on big beneficiaries from Budget 2024 and where to invest now
Moneycontrol has put together a tracker 'Budget and Markets' with the key takeaways: the big numbers, gainers and losers, themes that will sustain growth, stocks to invest in, key triggers for overall markets, and more.
BUSINESS
SBI Q3 results miss estimates on one-time loss. But there is a twist in the tale
Several brokerages, including Motilal Oswal, Jefferies and Nomura, have a “buy” call on SBI stock. JP Morgan and Bernstein have an “overweight” call on the counter.
BUSINESS
Mahindra Holidays jumps on Budget push, Q3 results and management changes
Mahindra Group has also appointed its CFO Manoj Bhat, as the new CEO of Mahindra Holidays Resorts India Ltd. The transition in leadership is scheduled for May 17, 2024.
BUSINESS
SJVN, NHPC, Power Grid zoom to new highs on budgetary push
The shares of state-run power companies gained up to 14 percent, a day after Finance Minister in her interim budget increased the allocation for this firms
BUSINESS
Adani Ports keeps analysts bullish as Q3 earnings beat estimates: Should you buy the stock?
Adani Ports strong Q3 earnings beat Street estimates, prompting several brokerage firms to put 'buy' call on the stock with raised target price.
BUSINESS
HUDCO, NBCC zoom up to 16% to fresh highs on budget boost to housing
NBCC, HUDCO shares their sharp upward on February 2 after FM Nirmala Sitharaman in her Budget speech announced that 2 crore more houses will be taken up in the next five years under PM Awas Yojana (Grameen).
BUSINESS
Adani Ports surges 5% to 52-week high on robust Q3 results
Analysts remain bullish on the stock, given the high cargo volumes and the healthy growth trajectory of the logistics business
BUSINESS
Budget done, markets at new high; here’s what will drive equities now
With two major events — India's budget and US Fed meeting — out of the way, analysts expect markets to take support from the ongoing Q3 earnings season, and remain in positive territory
MARKETS
What Shankar Sharma, Madhu Kela, Sandeep Tandon & Prashant Jain are betting on as markets hit new high
Prashant Jain believes that given the scale at which the government is planning the solar rooftop plan, the utilities space will become crowded. However, he sees some good investment options in the utilities supply side.
