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Kshitij Anand

Editor Markets

Moneycontrol

Kshitij Anand is the Markets Editor at Moneycontrol. He looks after stocks markets coverage on the portal.

This NBFC player fell 50% in 2020 but is back on buyers’ radar; here's why

BUSINESS

This NBFC player fell 50% in 2020 but is back on buyers’ radar; here's why

Kotak Securities has placed a 12-month target of Rs 7,150 on the stock, an upside of about 50 percent from Rs 4,747 recorded on April 22.

Warning signs: These 10 companies' March quarter profit is likely to fall over 50% YoY

BUSINESS

Warning signs: These 10 companies' March quarter profit is likely to fall over 50% YoY

Kotak Institutional Equities expects the net profit for the BSE-30 Index to increase 12 percent YoY and that of the Nifty-50 Index to decline 16 percent YoY.

Gold price today: Yellow metal steady, could witness selling around 46,500

BUSINESS

Gold price today: Yellow metal steady, could witness selling around 46,500

Experts feel that there could be some selling pressure around 46500 levels per 10 gm, and on the downside 45,900 is likely to lend support.

Taking Stock: Investor wealth jumps by over Rs 2 lakh cr; 10 takeaways from market action

BUSINESS

Taking Stock: Investor wealth jumps by over Rs 2 lakh cr; 10 takeaways from market action

Sectorally, the action was seen in the Energy, Auto, FMCG, Oil & Gas, Bankex, and Consumer Durable space while profit-taking was visible in realty, and capital goods, stocks.

Reliance Jio-Facebook deal: Experts chart out 5 takeaways for RIL shareholders

BUSINESS

Reliance Jio-Facebook deal: Experts chart out 5 takeaways for RIL shareholders

Financial and technological competitiveness of Jio increases significantly with Facebook investments for peers to catch-up and thus negative from a medium-term perspective.

As growth could be near-zero, it makes sense to stay with largecaps: IIFL Wealth

BUSINESS

As growth could be near-zero, it makes sense to stay with largecaps: IIFL Wealth

The strategy should be to keep an eye on relative valuations. Currently, we are oriented in favor of large-caps in our model portfolios.

Over 20 Nifty stocks trade below average 5-year P/E and P/B; time to buy?

BUSINESS

Over 20 Nifty stocks trade below average 5-year P/E and P/B; time to buy?

If a stock is trading below its average 5-years PE and PB it means that stock is trading below its fair value, and it is just a matter of time before prices correct themselves and converge back towards its fair value.

Gold price today: Yellow Gold rallies nearly 1%; buy on dips for a target of 45,850

BUSINESS

Gold price today: Yellow Gold rallies nearly 1%; buy on dips for a target of 45,850

Experts are of the view that volatility is likely to continue and Gold could probably retest 45850 levels in the near term. But, selling at higher levels cannot be ruled out.

Taking Stock | Crude shock leads to bloodbath on Street; Sensex plunges 1,000 pts

BUSINESS

Taking Stock | Crude shock leads to bloodbath on Street; Sensex plunges 1,000 pts

The Nifty formed a bearish candle on the daily charts.

Torrent Pharma, PI Industries top picks in pharma for long term: Vinod Nair

BUSINESS

Torrent Pharma, PI Industries top picks in pharma for long term: Vinod Nair

We are also positive on staples & FMCG like Colgate-Palmolive. Pharma & Chemicals also has a positive outlook in which Torrent Pharma and PI Industries are our top pick in the model portfolio.

Don’t expect fireworks in Q4, but these 10 stocks may double profit YoY

BUSINESS

Don’t expect fireworks in Q4, but these 10 stocks may double profit YoY

Consumer/Private Banks (benefit of low base)/ Healthcare is expected to be the key outperformers this quarter, and all the key matrices are expected to post multi-quarter low growth figures.

'Volatility on D-St shows that fear still rules the roost, and investors are cautious'

BUSINESS

'Volatility on D-St shows that fear still rules the roost, and investors are cautious'

Markets have been extremely volatile over the past few weeks and it does definitely appear so, that it’s not for the faint-hearted at the moment.

In banking space, Kotak Mahindra and ICICI Bank look attractive: Naveen Kulkarni

BUSINESS

In banking space, Kotak Mahindra and ICICI Bank look attractive: Naveen Kulkarni

There are a wide range of stocks that look attractive over the medium to long term. In Banking, ICICI Bank and Kotak Mahindra Bank look attractive, says Naveen Kulkarni.

Sensex plunges 1,011 pts, Nifty below 9,000: 5 factors weighing on D-St

BUSINESS

Sensex plunges 1,011 pts, Nifty below 9,000: 5 factors weighing on D-St

The Nifty50 fell below the swing low of 9,091 recorded on April 17, which fuelled selling pressure. The next big support for the index is at 9,000-8,800.

Number of stocks with over $1 billion m-cap shrinks 30%; what should investors do?

BUSINESS

Number of stocks with over $1 billion m-cap shrinks 30%; what should investors do?

Investors should look at an allocation into equities only from within what they have kept aside as an investment/savings pool. These are good times to refresh this asset allocation.

Gold price today: Yellow metal up on weak oil prices, rally could extend towards 46,100

BUSINESS

Gold price today: Yellow metal up on weak oil prices, rally could extend towards 46,100

Experts are of the view that both precious metals are likely to consolidate, and investors could deploy buy on dips strategy for a target of 46100-46330 levels.

Taking Stock: A choppy start to the week, Nifty closes below 9,300

BUSINESS

Taking Stock: A choppy start to the week, Nifty closes below 9,300

Top Nifty50 gainers include Sun Pharma, HDFC Bank, Infosys and Tata Motors.

Will cash-rich firms help investors ride out COVID-19 storm? 12 companies worth looking at

BUSINESS

Will cash-rich firms help investors ride out COVID-19 storm? 12 companies worth looking at

Some part of the money should be allocated to beaten-down sectors that have a high probability of a bounce-back when the lockdown opens and economic activity picks up.

'ACC, Cipla & HDFC Life are a good buy for medium term'

BUSINESS

'ACC, Cipla & HDFC Life are a good buy for medium term'

We are convinced about certain stocks and sectors which are expected to perform better during and after the pandemic. Out top picks include names like ACC, Cipla, and HDFC Life.

After a 45-day lockdown, economy will need a massive fiscal stimulus: Hemang Kapasi

BUSINESS

After a 45-day lockdown, economy will need a massive fiscal stimulus: Hemang Kapasi

The economy will require a massive fiscal stimulus post a 45-days lockdown period as we might be staring at a very gloomy scenario, says Hemang Kapasi.

After RBI Bazooka 2.0, experts are betting on these 7 stocks

BUSINESS

After RBI Bazooka 2.0, experts are betting on these 7 stocks

Experts feel that the steps are in the right direction and the sectors that are likely to benefit the most are banking, NBDCs, as well as real estate.

Gold price today: Yellow metal sees profit taking; sell for a target of 45,300

BUSINESS

Gold price today: Yellow metal sees profit taking; sell for a target of 45,300

Intraday Gold holds support near 45300-44900 levels & upside resistance at 45800-45950 levels in the coming session.

New FDI norm a welcome step, experts say FII route should also be plugged

BUSINESS

New FDI norm a welcome step, experts say FII route should also be plugged

There are two more companies in which foreign institutional investors from China hold a substantial stake in Indian companies that includes names like Visa Steel, and ZEE Entertainment.

'Banking, NBFC stocks to remain in focus after RBI booster shot'

BUSINESS

'Banking, NBFC stocks to remain in focus after RBI booster shot'

Banking and NBFC stocks shall remain in focus as they are likely to benefit the most from the measures announced by the RBI, Gaurav Garg has told Moneycontrol.

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