MARKETS
7 large-cap stocks to beat the market post-Budget
Keeping elections in mind, analysts believe that creating positions in largecap players could reward investors in the long-term
BUSINESS
Nifty, Sensex end mildly in red; Budget over, now Q3 earnings to drive market returns
Nifty Metal led the losses, falling around 1 percent. Nifty Pharma, Infra and IT indices were also trading with losses. On the flipside, gains in Nifty PSU Bank, Auto, Bank, Energy and FMCG indices capped losses for the headline indices.
BUSINESS
Nifty, Sensex slip into red post Budget; Rail, infra stocks may benefit
The impact of Interim Budget on equity markets will be neutral to mildly positive for the near term and other emerging triggers will drive its trajectory later, said Dhiraj Relli, MD & CEO, HDFC Securities.
BUSINESS
Nifty, Sensex extend gains as Budget speech begins, PSU bank stocks under pressure
With expectations for the interim Budget to be mainly a vote on account, lacking significant announcements, Nifty index is likely to maintain a narrow range, said Shrey Jain, Founder and CEO SAS Online.
BUSINESS
Shree Cement jumps 6% to 52-week high as Q3 net doubles, keeps brokerages upbeat
The anticipation of increased spending by the central government in preparation for the 2024 general elections is projected to provide an additional impetus to cement demand in FY24, said Choice Broking.
BUSINESS
How Nifty is set up for trade on Budget day; breakout expected above 21,850
Investors may remain cautious as the street interprets the announcements of the FM and later analyses the effect on the economy and markets.
BUSINESS
Vijay Shekhar Sharma has no margin loans, pledged shares against ownership: Paytm
Jefferies has downgraded Paytm stock to 'underperform' from its previous 'buy' rating, while slashing the price target for the stock by more than half to Rs 500.
BUSINESS
Nifty, Sensex may edge higher; volatility likely due to Budget, Fed meet outcome
Investors' focus will be on the Budget even though it is a vote on account, Since it is colliding with the US Fed outcome where rates were kept unchanged, analysts expect markets to see some volatility.
BUSINESS
Nifty, Sensex end higher; Budget 2024, Fed meet outcome on radar
All Nifty sectoral indices were trading in green, with pharma, auto leading the pack. Nifty Bank, PSU bank, metal, energy and FMCG indices were trading up to a percent higher
BUSINESS
Mid-day Mood | Nifty, Sensex jump ahead of Budget 2024; pharma, bank gain
Sectorally, Nifty Pharma led the gains, rising nearly 2 percent. Nifty Bank, too, was up over a percent, as the market waits for finance minister Nirmala Sitharaman's interim budget, which she will present on February 1
BUSINESS
L&T Q3 misses Street estimates but brokerages remain optimistic. Here's why
The L&T stock has zoomed 71 percent in the last one year, outperforming benchmark Nifty 50 which has risen 21 percent during this period.
BUSINESS
Nifty, Sensex decline as investors await budget, mega-cap earnings, Fed meet
Selling in power and FMCG names dragged the markets down. However, buying in metal, realty and oil and gas stocks capped the losses
BUSINESS
Adani Ports Q3 preview: Profit, revenue may rise on strong volumes
Adani Ports Q3 results preview: Margins to remain under pressure. The Red Sea attacks won’t drag overall volumes
BUSINESS
Macrotech Developers Q3 earnings robust; should you buy, hold or sell?
Motilal Oswal analysts believe that with a strong launch pipeline of 4.4msf worth Rs 6,300 crore for Q4 FY24, Macrotech Developers remains on track to achieve its annual bookings guidance of Rs 14,500 crore.
BUSINESS
Bajaj Finance misses Street estimates for Q3 but brokerages remain upbeat
Bajaj Finance registered a 22 percent on-year growth in consolidated net profit at Rs 3,639 crore in Q3 FY24, despite higher loan losses and provisions.
BUSINESS
Nifty, Sensex surge in Budget week; Q3 earnings, Fed meet to dictate trend
"Technically 21,750 is a strong resistance for Nifty around which we expect the current rally to cool off. Supports are placed at 21,137 and 20,870 on the downside," said Rahul Sharma of JM Financial Services.
BUSINESS
Ircon, IRFC, RVNL, other rail stocks extend rally, zoom up to 13% to record highs
IRFC, RVNL and other railway companies' stocks continued to surge on January 20, extending their record breaking run. The stocks have gained up to 70% in just January itself.
BUSINESS
Nifty, Sensex get bank, energy boost; analysts say buy on dips
The recent correction in the market has not changed the underlying uptrend in the market VK Vijayakumar of Geojit Financial Services said
BUSINESS
RIL earnings beat estimates in Q3: Brokerages bullish on outlook, raise target price
Morgan Stanley is bullish on RIL following earnings beat due to robust performance in gas production. The report highlighted RIL’s completion of the 5G rollout as a notable factor.
BUSINESS
Will Interim Budget 2024 act as a booster for markets or trigger correction?
Even though no major announcements are expected in the Interim Budget, the market is seeing corrections. However, if the last two votes on account in 2014 and 2019 are any indication, the market will bounce back within three months of the Interim Budget
BUSINESS
Nifty, Sensex gain on strong global cues, analysts advise caution
Nifty heavyweights like Reliance, HUL, and Ultratech will share their December quarter numbers today and these can influence the market direction, analysts say
BUSINESS
Paytm Q3 preview: Strong revenue growth, narrower net loss seen on better operating performance
Paytm Q3 preview: International brokerage UBS has forecast Paytm breaking even on EBITDA in FY25 and reaching a 20 percent EBITDA margin by FY28.
BUSINESS
Nifty, Sensex extend losses; limited upside seen as valuations remain elevated: Analysts
While most factors remain favourable for Indian equities in 2024, limited upside is seen as valuation comfort has reduced, said BNP Parbias.
BUSINESS
Nifty, Sensex snap 5-day rally on profit-booking, analysts see corrections amid high valuations
Q3 earnings, global markets trends, domestic macroeconomic data, crude oil and rupee will likely to determine the market direction, analysts say
