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RIL, RIL partly paid shares hit all-time high; combined m-cap tops Rs 14L crore

BUSINESS

RIL, RIL partly paid shares hit all-time high; combined m-cap tops Rs 14L crore

Brokerages and analysts are bullish on Reliance Industries following its debt-free status, a healthy balance sheet and a strong growth outlook.

Forget economic growth in FY21, here's how investors can use this scenario to create wealth

BUSINESS

Forget economic growth in FY21, here's how investors can use this scenario to create wealth

Economic activity continues to remain weak and will lead to a 6.1 percent contraction in India's GDP in the current fiscal, foreign brokerage Nomura said.

India's GDP-debt ratio likely to shoot up; what could be the possible way out?

BUSINESS

India's GDP-debt ratio likely to shoot up; what could be the possible way out?

As per the SBI Research report, India’s debt to GDP ratio has increased gradually from Rs 58.8 lakh crore (67.4 percent of GDP) in FY12 to Rs 146.9 lakh crore (72.2 percent of GDP) in FY20.

Moneycontrol Survey: Brokerages prefer Infosys over TCS, but investor choice differs

BUSINESS

Moneycontrol Survey: Brokerages prefer Infosys over TCS, but investor choice differs

The June quarter numbers were expected to be weak. Experts advise treating Q1 numbers as aberrations and focus on the outlook, which is what seems to have made investors maintain their faith in TCS.

Dixon Technologies share price at record high; analysts positive on long-term story

BUSINESS

Dixon Technologies share price at record high; analysts positive on long-term story

The FPI stake in the company stood at 12.27 percent at the end of the June quarter against 10.76 percent in the March quarter.

Q1 scorecard: IT firms meet estimates, but the road ahead will be bumpy

BUSINESS

Q1 scorecard: IT firms meet estimates, but the road ahead will be bumpy

Infosys posted an 11.5 percent YoY growth in net profit at Rs 4,233 crore while Wipro posted a flat 0.11 percent YoY growth in net profit at Rs 2,390.40 crore.

HCL Tech shares climb 4%; CLSA maintains buy call, raises target price by 14%

BUSINESS

HCL Tech shares climb 4%; CLSA maintains buy call, raises target price by 14%

CLSA maintained a 'buy' call on the stock and raised the target price by 13.85 percent to Rs 740 from Rs 650.

Q1 numbers an aberration; focus on outlook, management commentary, say experts

BUSINESS

Q1 numbers an aberration; focus on outlook, management commentary, say experts

The Q1FY21 earnings season kick-started with IT players, whose numbers have been mixed, showing the stress of COVID-19 but management sees Bette days ahead.

Britannia share price jumps 5%; CLSA, Phillip Capital, Kotak raise target price

BUSINESS

Britannia share price jumps 5%; CLSA, Phillip Capital, Kotak raise target price

Kotak Institutional Equities has upgraded the stock to an 'add' from 'reduce', raising the target price by 25.8 percent to Rs 4,150 from Rs 3,300 earlier.

Trade Setup for Monday: Top 15 things to know before Opening Bell

BUSINESS

Trade Setup for Monday: Top 15 things to know before Opening Bell

Key support level for the Nifty is placed at 10,789.77, followed by 10,677.83. If the index moves up, the key resistance levels to watch out for are 10,973.57 and 11,045.43.

Market continues to rise in tandem with COVID-19 cases; what lies ahead? Here's what experts say

BUSINESS

Market continues to rise in tandem with COVID-19 cases; what lies ahead? Here's what experts say

While the COVID-19 cases are continuously rising, the market is also rallying on liquidity boost and hopes of a vaccine.

Weekly dossier: Here's what Christopher Wood, Shankar Sharma, Rashesh Shah and other top voices think about market, economy

BUSINESS

Weekly dossier: Here's what Christopher Wood, Shankar Sharma, Rashesh Shah and other top voices think about market, economy

Rising COVID-19 cases, the looming threat of lockdown and geopolitical tension keep investors on tenterhooks, but liquidity gives them the hope that the market will not witness a sudden crash.

After the Bell: Sentiment upbeat; here’s how markets may move on Monday

BUSINESS

After the Bell: Sentiment upbeat; here’s how markets may move on Monday

Nifty closed above 10,900 levels for the first time since March 6 and formed a bullish candle on the daily chart

Taking Stock: Market ends at 4-month high, Nifty reclaims 10,900; investor wealth surges by Rs 2 lakh crore

BUSINESS

Taking Stock: Market ends at 4-month high, Nifty reclaims 10,900; investor wealth surges by Rs 2 lakh crore

In sync with the benchmarks, the BSE Midcap index also rose 1.55 percent and the BSE Smallcap index closed with a gain of 1.11 percent.

L&T Finance share price climbs 3% despite dip in Q1 profit; Citi gives 'buy' call

BUSINESS

L&T Finance share price climbs 3% despite dip in Q1 profit; Citi gives 'buy' call

As per CNBC-TV18, Citi said LTFH's profit of Rs 150 crore is 35 percent lower than its as well as the consensus estimates.

Gold price today: Yellow metal trades with gains; crucial resistance placed at Rs 49,055

BUSINESS

Gold price today: Yellow metal trades with gains; crucial resistance placed at Rs 49,055

Gold prices steadied in international markets as geopolitical tensions and a continuous rise in coronavirus cases in India and the United States underpinned the yellow metal.

Rakesh Jhunjhunwala, Radhakishan Damani increase stake in some mid, smallcaps; should you follow?

BUSINESS

Rakesh Jhunjhunwala, Radhakishan Damani increase stake in some mid, smallcaps; should you follow?

Experts point out select mid and smallcaps look good for medium to long term horizon. They name about 20 favourite stocks

Dr Lal PathLabs shares extend gains into 3rd day; analysts positive on firm's long term story

BUSINESS

Dr Lal PathLabs shares extend gains into 3rd day; analysts positive on firm's long term story

Despite the turmoil caused by COVID-19, the stock has been gaining significantly in the calendar year 2020 so far. The stock has gained 27 percent as of July 14 close on BSE against a 13 percent fall in benchmark Sensex.

Sensex vaults 750 points, Nifty reclaims 10,800; 4 factors behind the rally

BUSINESS

Sensex vaults 750 points, Nifty reclaims 10,800; 4 factors behind the rally

Strong gains in select IT and financial heavyweights such as Infosys, TCS, HDFC Bank, ICICI Bank, HDFC and Axis Bank boosted the equity benchmarks.

L&T Infotech shares snap 9-day winning streak; what's the road ahead?

BUSINESS

L&T Infotech shares snap 9-day winning streak; what's the road ahead?

LTI has been growing significantly faster than both mid and large-cap peers over the past few years on the back of strong deal wins.

Sensex tanks 661 points, Nifty settles at 10,607; 5 key reasons for the selloff

BUSINESS

Sensex tanks 661 points, Nifty settles at 10,607; 5 key reasons for the selloff

The market appears to be torn between hope and fear--hope of a gradual economic recovery along with positive management commentary, on the other side is the fear that rising coronavirus cases will bring back lockdown.

COVID-19 shadow on banks' recovery; should you stay away from the sector?

BUSINESS

COVID-19 shadow on banks' recovery; should you stay away from the sector?

Banks may strengthen balance sheets by making healthy provisions but declining interest rates along with higher liquidity are likely to keep margins under pressure, say experts.

Trade Setup for Monday: Top 15 things to know before Opening Bell

BUSINESS

Trade Setup for Monday: Top 15 things to know before Opening Bell

The market may continue to see volatility going ahead as the hope of economic recovery will be challenged by the fear of rising COVID-19 cases.

Diversification, risk management key mantras for successful investing; here's why

BUSINESS

Diversification, risk management key mantras for successful investing; here's why

Warren Buffett’s advice that “do not put all eggs in one basket” is one of the evergreens and best investment mantras. In investing, if one is exposed to only a single country, all one's eggs are in one basket.

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