BUSINESS
Stock Mantra: This NBFC stock that rose over 100% in a year can climb another 25%
Shriram Transport Finance, with a market-capitalization of more than Rs 37,000 crore, hit a 52-week high of Rs 1,534 on the BSE on 15 February 2021. Since then, it has been consolidating
BUSINESS
Nifty Pharma continues its fall. What should investors do with Dr Reddy’s and Alembic Pharma?
The NSE’s index of pharma stocks tanked more than 4% on Tuesday and is among the top underperformers. Investors booked profits in pharma stocks after their rally over the past year and a dip in daily COVID-19 infections.
BUSINESS
Gold Price Today: Yellow metal trades higher, experts say buy on dips for a target of Rs 47,700
MCX, gold has support at 47330-47150 and resistance at 47660-47800 levels, and Silver has support at 65500-65100 and resistance at 66600-67100 levels.
BUSINESS
DAILY VOICE: How to pick the right stock? We invest in growing companies with RoE of over 17%: Anupam Singhi of O'Neil Capital Management
Following our CANSLIM methodology, we would like to bet on the stocks that have consistent sales and earnings growth, high return on equity, and rising institutional sponsorship, says Singhi.
BUSINESS
Trade Spotlight: What should investors do with NOCIL, Welspun India & Zensar Technologies?
On July 27, NOCIL rose nearly 3 percent to hit a fresh 52-week high, Welspun India gained over 7 percent and Zensar Technologies closed 3 percent higher
BUSINESS
After the Bell: Pharma sell-off, global cues weigh on Sensex. What should investors do on Wednesday?
Nifty has to hold above 15750 zones to witness an up move towards 15900 and 15962 levels while on the downside support exists at 15700 and 15600 levels, suggest experts.
BUSINESS
Stock Mantra: This debt-free paint company poised to hit fresh 52-week high
Experts have observed an inverse correlation between paint stocks and crude oil prices. That, along with other technical factors, could provide impetus and drive the Kansai Nerolac stock towards Rs 705 levels.
BUSINESS
Gold Price Today: Yellow metal trades flat; support placed around Rs 47,300
Gold price today: The yellow metal has support at Rs 47,300-47,070 and resistance at Rs 47,700-47,850; silver has support at Rs 66,600-66,200 and resistance at Rs 67,500-68,000, say experts
BUSINESS
DAILY VOICE | Midcaps can form about one-fourth or one-third of overall portfolio: Harshad Borawake of Mirae Asset Investment Managers
Strong corporate earnings performance in the last 2-3 quarters as well as expectations on future growth and low-interest rates support equity valuations, says Borawake.
BUSINESS
Trade Spotlight: What should investors do with Mahindra CIE, Balaji Amines & Alkyl Amines?
Here's what Vikas Jain of Reliance Securities recommends investors should do with these stocks when the market resumes trading today
BUSINESS
After The Bell: Global cues weigh on Sensex, what should investors do on Tuesday?
The Nifty has to hold above 15,800 to witness an up move towards 15,962 and 16,000, while on the downside, support exists at 15,750 and 15,700
BUSINESS
Small & Midcap Mantra: Upper Bollinger Band on charts of this specialty chemical company suggests fresh highs in offing
Jubilant Ingrevia has been in an uptrend since it got listed on the exchanges. It hit a record high of Rs 671 on July 22. A recent breakout suggests a further upside up to Rs 730-750 in the next 3-6 months.
BUSINESS
A breakout above 16,040 can take Nifty towards 16,500, says Sacchitanand Uttekar of Tradebulls Securities
The outlook for the Nifty50 remains positive till it holds 15,450. As of now, the ongoing oscillation within the range of 15,630-15,930 looks mature for a directional momentum play, says Uttekar
BUSINESS
'Post Zomato's bumper listing, we now expect Info Edge to become a 5-digit stock in near future'
Any investment in Info Edge shares if below Rs 5000 will surely be a good bet and in long term we can see it be a 5-digit stock price.
BUSINESS
Wait for 16K on Nifty continues, 10 technical trading ideas for next 3-4 weeks
If Nifty has to reach and surpass the magical figure of 16000, the banking certainly plays a vital role, suggest experts.
BUSINESS
Gold Price Today: Yellow metal trades higher, experts say buy for a target of Rs 47,750
Gold has support at Rs 47,300-47,180 and resistance at 47,700-47,880 and silver has support at Rs 66,600-66,200 and resistance at Rs 67,500-68,100, say experts
BUSINESS
DAILY VOICE: Investors should not get carried away by the hype surrounding IPOs: Seshadri Sen of Alchemy Capital
Once a stock passes our basic liquidity filters, we are then agnostic on the size of the stock – we have no clear preference between mid- and large-cap stocks. says Sen.
BUSINESS
Weak rupee & global inflation is worrying FIIs about India: Gaurav Garg of CapitalVia Global Research
FIIs inflows have been muted in the last three months and cumulatively they have sold more than Rs 18,000 crores from Indian equities, says Garg.
BUSINESS
What does Zomato listing mean for Info Edge investors?
At the closing price on Friday, Zomato is trading at a multiple of 49.6 times the FY21 revenues. This is significantly higher than Doordash’s EV/Revenue valuations of 15 times, says Divam Sharma of Green Portfolio.
BUSINESS
'Infosys, Tata Steel, ICICI Bank could give over 10% return in short term'
The broader markets are in a positive trend. Globally, in the US markets, various companies will start reporting their Q2 earnings, which will keep the street excited, says Chaturmohta.
BUSINESS
Missed Zomato share allotment? Enter at current levels for 15-20% upside, says Sneha Poddar of MOFSL
Zomato looks expensive when we compare it with the global peers on an EV/Sales basis. Globally, online food delivery players trade at an average EV/Sales of 10x while Zomato trades at 44x FY21 EV/Sales, says Poddar
BUSINESS
After The Bell: Zomato off to a flier, what should investors do on Monday?
The Nifty has to hold above 15,800 to witness an upmove towards 15,962 and 16,000, while on the downside, support exists at 15750 and 15700 levels, say experts
BUSINESS
Small & Midcap Mantra: This pharma stock is poised for a 25-40% rebound after a sharp fall
The recent upward price movement suggests that the momentum could take the stock towards Rs 700-780 in the next two to three months
BUSINESS
Zomato IPO listing | Stock crosses Rs 1,00,000-crore mark on listing day. What should investors do now?
Zomato IPO listing: Risk-takers can consider holding for it a long way while conservative allotted investors should look to book healthy profits on listing day, suggest experts.
