BUSINESS
Mid-day Mood | Sensex, Nifty trim gains, trading firm in green; here's what is pushing share market higher
Nifty, Sensex surge nearly 1 percent as market participants cheer US Fed's decision to keep interest rate steady.
BUSINESS
IT midcaps outshine largecap peers, attract foreign investor attention
Although experts are cautious in their predictions for the future owing to deceleration in the IT sector owing to global uncertainties, you may consider Cyient, PSYS for your portfolio
BUSINESS
Stocks to buy in market volatility: Check HDFC Securities' top infra picks
Following the recent market correction, investors are actively seeking infrastructure stocks to include in their portfolios as the valuations have corrected slightly.
BUSINESS
Star Health tanks as Q2 earnings miss estimate: Should you buy the Jhunjhunwala stock?
Star Health is set for a prolonged navigation through rough waters, where it will struggle to drive profitable growth, according to Emkay Global.
BUSINESS
Cello World IPO gets thumbs up from brokerages: Should you buy into Rs 1,900-cr issue?
Cello World intends to raise Rs 1,900 crore from the IPO that comprises only an offer-for-sale by the Rathod family.
BUSINESS
Nifty reclaims 19,000 as bears ease control; what's pulling the market higher?
Nifty index would have the crucial support maintained near 18,600 levels, while the resistance is seen at 19,100.
BUSINESS
Shriram Finance surges 9% on robust Q2. Should you buy?
Shriram Finance should be able to sustain or improve upon its NIM trajectory along with relatively benign credit costs, says Motilal Oswal
BUSINESS
Markets not in a free fall, says this expert; pegs for banks, real estate stocks
For Nifty, 18,500 and 18,100 will be the levels to watch out for support. Unless the news flow gets worse, Nifty falling below 18,000 is unlikely.
BUSINESS
IRM Energy lists at 5% discount amid market selloff; Should you buy, sell or hold the stock?
IRM Energy Rs 545 crore IPO received a decent overall subscription of around 27x.
BUSINESS
Nifty slips below 18,900 in biggest losing streak since 28 Feb; US bond yield surge, inflation concerns loom large
All NSE sectoral indices were trading in red with Nifty Media, and Nifty Realty leading the losses, falling over 2 percent.
BUSINESS
Tech Mahindra Q2 results preview: Revenue, profit, margin may fall on-year; deal wins seen muted
The IT major's net profit may decline around 37 percent YoY to Rs 822 crore, per the average of six brokerages’ estimates
BUSINESS
TCS, Infy, Wipro stocks in red since Q2 results, slowdown to persist; should you buy IT shares?
Brokerages have largely assigned ratings like ‘Hold’, ‘Reduce’, or ‘Equal Weight’ for TCS, HCL Technologies, and Wipro owing to a somewhat pessimistic outlook; and cut price targets for Infosys.
EARNINGS
Paytm Q2 results preview: Revenue uptick likely on steady lending, payments; losses to shrink, GMV may increase
Paytm is likely to report a 29 percent sequential drop in losses in Q2 2024 while GMV may accelerate 40 percent YoY to Rs 4.5 lakh crore
BUSINESS
ICICI Pru sheds 2% as narrow margins, revenue decline weigh: Should you buy, hold, or sell?
Morgan Stanley maintained 'Overweight' rating on ICICI Prudential Life but cut the target price to Rs 665
BUSINESS
Wipro Q2 preview: Revenue may slip due to delay in deal conversions; net profit may ride on stable margins
Wipro's deal TCV and pipeline will be among the key monitorables, along with the pricing and outlook on new deals. Management commentary in regard to the demand outlook of the company's consulting and mortgage businesses will also be scrutinised.
BUSINESS
Infosys order book sets pace for FY25 growth; this year's guidance cut mars robust Q2
Infosys is well-positioned for robust EBIT growth in FY25 with enhanced revenue growth and margin improvement.
BUSINESS
SRF, Tata Chemicals, other chemical stocks rise as prices increase amid Israel-Hamas war
Shares of Tata Chemicals Ltd, Aarti Industries Ltd, Atul Ltd, SRF Ltd, GHCL Ltd and Vinyl Chemicals Ltd gained up to 4 percent
BUSINESS
Mid-Day Mood | Indices retain gains on upbeat global equities; Nifty firm above 19,800
Sectorally, Nifty Auto index was the top gainer with Maruti Suzuki, Tata Motors, M&M, Bajaj Auto and Eicher Motors shares up to half a percent.
BUSINESS
Sunteck Realty shares rally 4% after Jefferies raises target price by 33%
Sunteck Realty shares were trading at Rs 465.20, up 3 percent from the previous closing price of Rs 450.50. The revised target price translates to a 23 percent upside.
BUSINESS
Israel-Palestine War: Indian stocks that may be affected by Middle East crisis
The Israel-Palestine crisis may lead to a sharp rebound in crude prices and related stocks including ONGC, Oil India, Mahanagar Gas, Reliance Industries, and Castrol India
BUSINESS
Persistent FII selling may hit IT, banking stocks hard; DIIs to book profit after Nifty crosses 20K?
The sustained rise in the US bond yields, high crude oil prices and stronger US dollar have triggered continuous FII selling. DIIs, on the other hand, continue to receive good fund inflows, and so long as the Indian economy continues to do well, fund flows into DIIs will sustain, say experts
BUSINESS
Sunil Singhania flags Israel war spillover into Iran; Samir Arora waiting for sharp fall to buy more
Israel has given a very strong verbal counter, but investors are watching if this conflict spreads to other areas like Iran.
BUSINESS
TCS to consider share buyback along with Q2 results, board meeting on Oct 11
TCS share buyback: Tata Consultancy Services' board will consider share buyback next week. Its last share buyback of Rs 18,000 crore concluded in 2022.
BUSINESS
Festive season set to light up consumer durables; Crompton, Havells among top picks
Experts say the focus on launching new products, coupled with good deals and enhanced distribution, should help brands during the festive season.
