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Ruchi Soya turns multibagger in just 5 months, pips Marico in m-cap; should you buy?

BUSINESS

Ruchi Soya turns multibagger in just 5 months, pips Marico in m-cap; should you buy?

Haridwar-based Patanjali group, which owns a 98.87 percent stake in Ruchi Soya, acquired the company in a corporate insolvency resolution for around Rs 4,500 crore in September 2019.

Market is being driven by beaten-down stocks; Jio deserves a valuation in trillion: Shankar Sharma

BUSINESS

Market is being driven by beaten-down stocks; Jio deserves a valuation in trillion: Shankar Sharma

Sharma said there is a big difference between the rally in India and in other big markets.

Expecting a V-shape recovery? You may be hoping against hope, hint experts

BUSINESS

Expecting a V-shape recovery? You may be hoping against hope, hint experts

Pankaj Pandey, Head of Research at ICICI direct is of the view that the sharper leg of the rally has already happened, riding on economy unlock as well as global markets run-up.

Weak demand to keep up pressure on aviation sector; IndiGo better placed

BUSINESS

Weak demand to keep up pressure on aviation sector; IndiGo better placed

Domestic flights commenced from May 25, with the Ministry of Civil Aviation permitting airlines to operate at one-third of their approved summer capacity.

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

BUSINESS

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

Key support level for the Nifty is placed at 10,201.67, followed by 10,114.43. If the index moves up, the key resistance levels to watch out for are 10,368.97 and 10,449.03.

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 10,120.6, followed by 9,996.8. If the index moves up, the key resistance levels to watch out for are 10,320.3 and 10,396.2.

The weekly dossier: A further rally or consolidation? Here's what Dalal Street veterans expect

BUSINESS

The weekly dossier: A further rally or consolidation? Here's what Dalal Street veterans expect

A successful trade and close beyond this cluster of resistances between 10,330-10,360 will extend the upward journey taking the Nifty higher to levels of 10,550.

Sunny days ahead for Indian chemicals industry; experts bullish on these 10 stocks

BUSINESS

Sunny days ahead for Indian chemicals industry; experts bullish on these 10 stocks

The Indian chemicals sector has built up world-class capabilities over the past few years and been moving up the value chain at a rapid pace.

IT, telecom may benefit from COVID-19, say experts; RIL, TCS, Bharti Airtel in focus

BUSINESS

IT, telecom may benefit from COVID-19, say experts; RIL, TCS, Bharti Airtel in focus

While sectors like mining, automobiles and consumer discretionary have been negatively hit by COVID-19, IT and telecom are the two sectors, as per experts, that have the opportunity to gain from it.

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 9,679.48, followed by 9,386.07. If the index moves up, the key resistance levels to watch out for are 10,131.18 and 10,289.47.

The weekly dossier: Wondering about the next market moves? D-Street veterans give you cues

BUSINESS

The weekly dossier: Wondering about the next market moves? D-Street veterans give you cues

The S&P BSE Sensex fell 1.48 percent while the Nifty50 was down by 1.68 percent compared to a flat close seen in the S&P BSE Smallcap index, and 0.37 percent rally seen in the S&P BSE Midcap space for the week ended June 12.

H-1B worries resurface; Infosys, TCS, Tech Mahindra, HCL Tech, Wipro end in red

BUSINESS

H-1B worries resurface; Infosys, TCS, Tech Mahindra, HCL Tech, Wipro end in red

Faced with massive unemployment in the US, President Donald Trump may suspend employment visas, including H-1B that most Indian IT professionals rely on, media reports have said.

Pockets of opportunity: Analysts pick 12 midcap stocks with one-year horizon

BUSINESS

Pockets of opportunity: Analysts pick 12 midcap stocks with one-year horizon

The road ahead for the market is bumpy and a lot will depend on the course of coronavirus pandemic. Moreover, global cues and measures of governments and central banks will remain important factors for the market.

The AGR woes: Airtel, RJio well-positioned to sail through; Vodafone stares at uncertainty

BUSINESS

The AGR woes: Airtel, RJio well-positioned to sail through; Vodafone stares at uncertainty

Pronouncing its order in the AGR case hearing on June 11, the Supreme Court struck down over Rs 4 lakh crore demand against the public sector undertakings

Vodafone Idea, Bharti Infratel shares plunge up to 13%; experts find SC's observations negative for telecom players

BUSINESS

Vodafone Idea, Bharti Infratel shares plunge up to 13%; experts find SC's observations negative for telecom players

Analysts are of the view that the hopes of relief on AGR front for the telecom operators have been dashed.

Telecom, healthcare, consumer may dominate post-COVID world; 12 stocks to look at

BUSINESS

Telecom, healthcare, consumer may dominate post-COVID world; 12 stocks to look at

Experts and analysts expect a change in market leadership in the post-COVID world in which telecom, healthcare, speciality chemicals, and rural consumers may dominate other sectors.

IndusInd Bank shares close 4% higher, extend gains into 5th consecutive session

BUSINESS

IndusInd Bank shares close 4% higher, extend gains into 5th consecutive session

Promoters Hinduja Group have applied to the RBI to raise their stake in the bank to 26 percent from 14.68 percent.

IndusInd Bank gains for fourth straight day, comes close to 3-month high

BUSINESS

IndusInd Bank gains for fourth straight day, comes close to 3-month high

In the last four trading sessions, the stock has risen almost 21 percent. Experts attributed the rise to bottom-fishing and technical factors.

COVID-19 paints a gloomy FY21 for Titan, but Rakesh Jhunjhunwala's favourite's long-term story looks intact

BUSINESS

COVID-19 paints a gloomy FY21 for Titan, but Rakesh Jhunjhunwala's favourite's long-term story looks intact

The company on June 8 reported a 21 percent year-on-year growth in standalone profit due to strong operating performance and low base in the year-ago period. But higher tax expenses (up 58 percent YoY) limited bottom-line growth.

'Buy-on-dips' best strategy for this market; bet on telecom, consumer, pharma, say experts

BUSINESS

'Buy-on-dips' best strategy for this market; bet on telecom, consumer, pharma, say experts

Market observers broadly agree that the market will remain in the 10,000-10,500 range and if it goes beyond 10,500, profit-booking may emerge.

As risk appetite of investors improves, should you change your strategy for gold?

BUSINESS

As risk appetite of investors improves, should you change your strategy for gold?

The reopening of economies globally could see the safe-haven appeal for the metal reduce

Exide share price falls 8% after Q4 results; outlook by brokerages mixed

BUSINESS

Exide share price falls 8% after Q4 results; outlook by brokerages mixed

Exide Industries, on Friday, June 5, reported net turnover for the quarter ended March 31, 2020, of Rs 2,055.09 crore as compared to Rs 2,598.66 crore during the quarter ended March 31, 2019.

Sensex, Nifty end in the green; 5 factors behind the market rise

BUSINESS

Sensex, Nifty end in the green; 5 factors behind the market rise

After three months of selling, FPIs have invested Rs 18,613 crore in the Indian market in June, so far, as sentiment has improved amid graded lifting of lockdown curbs, NSDL data shows.

DLF well-placed to ride COVID-19 headwinds; CLSA, Jefferies raise target price

BUSINESS

DLF well-placed to ride COVID-19 headwinds; CLSA, Jefferies raise target price

The company said the COVID-19 crisis has presented an opportunity for it to undertake exercises in being leaner and far more efficient in terms of its cost structure.

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