BUSINESS
Narayana Murthy picks stake in Gokaldas Exports; analysts upbeat on the stock ahead of UK FTA
Analysts believe that the UK-India FTA deal, the Atraco acquisition and the China+one theme will stitch a promising growth story for Gokaldas Exports in the long run
BUSINESS
Infosys Q2 preview: Tepid revenue likely amid weak spends, profit may grow 3% QoQ
The absence of wage hikes and rupee depreciation may help Infosys expand margins by 50 bps QoQ in Q2, analysts say.
BUSINESS
Nifty midcap 150 outshines global markets in September; here are top 5 gainers
Navin Fluorine, Kajaria Ceramics, Poonawalla Fincorp, Grindwell Norton and Bharat Dynamics were the five biggest losers among the top 150-midcap companies
BUSINESS
Israel-Hamas conflict may spark off safe-havens; yields, dollar could harden: Analysts
Israel Palestine issue: As geopolitical uncertainty following Hamas surprise attack on Israel intensifies, the flight to safety in government securities and dollars could be on the rise, said analysts
BUSINESS
Gold, silver down up to 13% in 4 months as India prepares for festivities, experts see more weakness
Spot prices of gold have fallen eight percent in four months, while those of silver have declined 13 percent, as per MCX data. Experts see no respite in coming months.
BUSINESS
Taking Stock | Bulls break two-day losing run; Sensex up 405 pts, Nifty nears 19,550
The market breadth was in favour of gainers. Around 2,178 shares advanced, 1,361 shares declined and 121 shares were unchanged
BUSINESS
Analyst Call Tracker | Banking, capex-driven plays surface as Street’s choice for September
As per Moneycontrol’s Analyst Call Tracker, banking and finance firms along with capex-driven growth companies were analysts top picks for September
BUSINESS
Delayed monsoon buries tractor sales in September; analysts cautious on M&M, Escorts outlook
M&M, Escorts Kubota, and VST Tillers & Tractors – all reported tepid tractor sales for September 2023. However, with the recovery of the prospects for monsoon rains, the managements see festive season to be promising
BUSINESS
11 sizzling stocks that can double your wealth in 3 years: DAM Capital
Analysts at DAM Capital said that TVS Motor, IDBI First Bank, among 11 other stocks can potentially double from current levels over the span of 3 years
BUSINESS
Premiums of new boys on Dalal Street ease in September. Here's why
Analysts said that the near-term trajectory of IPO listings hinges on market sentiment, quality of IPOs, and pricing dynamics
BUSINESS
This music label midcap rallies 6% on digital entertainment deal
Saregama owns the largest music archives in India, nearly 50 percent of all the music ever recorded in India
BUSINESS
Infosys, Wipro among top Nifty50 losers on Accenture's muted FY24 guidance
On the New York Stock Exchange in the overnight US trading, the American Depository Receipts (ADRs) of technology giants Infosys and Wipro slumped up to 3 percent on September 28
BUSINESS
Nifty Realty tops sectoral charts in a month: What’s driving the rate-sensitive sector’s surge?
Investors expect the realty index to outperform other major indices in the second half of FY24 on the hopes of rate cuts ahead
BUSINESS
Promoter selling at six-year high, auto, capital goods drive bulk of selloff
Analysts say the promoter selloff largely reflect strategic compulsions (debt management), whereas PE exits are the outcome of tactical (price) considerations
BUSINESS
Auto stocks in fast lane this month as festive season nears: Is there more steam left?
So far, the BSE Auto index has gained 3 percent this month whereas related stocks from the sector like Maruti Suzuki, M&M, Tata Motors, Bajaj Auto, Eicher Motors and Hero MotoCorp surged in the range of 2-8 percent
BUSINESS
JPMorgan's India bond inclusion to bolster trailing rupee
The decision will move strengthen the rupee, as passive inflows are expected to be around $10-15 billion, independent market analyst Ambareesh Baliga has said
BUSINESS
Fed’s hawkish pause has markets on alert. Will it keep Sensex, Nifty in check?
Analysts believe that the upward movement in US bond yields after the Federal Reserve's latest decision can play a spoilsport for Indian markets in the near term
BUSINESS
Canadian pension fund-held stocks in India fall as diplomatic row heats up
India-Canada relations have taken a hit in the last few days as Canadian Prime Minister Justin Trudeau alleged involvement of India in the killing of Khalistan Tiger Force Chief Hardeep Singh Nijjar, a few months back
BUSINESS
PSU stocks' rally may press govt for disinvestment as election spend squeezes fiscal space
On a year-to-date (YTD) basis, the S&P BSE PSU index has rallied 25 percent, led by triple-digit returns from Mazagon Dock (up 186 percent), Rail Vikas Nigam, and IRCON International, during the same period.
BUSINESS
Boiling crude prices, lower traffic may spell trouble for aviation sector in Q2, say analysts
Prices of Brent Crude have surged 20 percent to $94 per barrel, pushing average ATF prices up 6.8 percent from the previous quarter.
