Ideas For Profit | IndusInd Bank: Will the stock continue to outperform peers and Nifty50?
IndusInd Bank has been an outperformer in the past three months, not only within the banking pack but also with respect to the benchmark Nifty50. And MC Pro believes it has further scope for re-rating. Here’s why
Bajar Gupshup | Markets end lower, but off lows; Auto & IT top drags
Benchmark Indices recoup early losses to end flat with Nifty ending a little over 17,000 and Sensex closing at 56,976. Buying was seen in the FMCG, metal, power and realty names while capital goods, auto and IT indices fell a percent each. The BSE midcap index fell 0.5 percent and smallcap index shed 0.9 percent.
Power crisis — An opportunity to plug chronic gaps
The government should come up with focused measures to plug loopholes that plague the entire electricity value chain
Moneycontrol Pro Panorama | HUL Q4 energy passes on to FMCG stocks
In today’s edition of Moneycontrol Pro Panorama: IHCL in a sweet spot, Startup Street, Facebook’s key shift, and much more
Bajar Gupshup | Nifty Ends Above 17,200, Sensex Rises 700 Points; FMCG Stocks Rally
Markets rallied at the last expiry of the month with Nifty ending above 17,200 and Sensex closing at 57521. Among the sectors, FMCG, financial, IT and Oil & Gas rallied while the midcap & smallcap indices also ended in the green.
Indonesia extends bans to all palm products; Why is the street not nervous anymore?
Indonesia extends bans to all palm products. However, the street isn’t fretting as it knows that the country doesn’t have infrastructure to sustain surplus for a long time. Watch Manisha Gupta explain.
Decoding PLI: Weaving an ambitious dream for synthetic textiles
The PLI scheme aims to help the man-made fibre/technical textiles segment achieve economies of scale, become competitive and generate employment opportunities
Bajar Gupshup | Sensex below 57k, Nifty sheds over 160 pts in a choppy session
Markets ended on a negative note with Nifty below 17,100 and Sensex closing at 56,819 on April 27 amid selling seen across the sectors. Among sectors, bank, oil & gas, power indices down a percent each. BSE midcap and smallcap indices down 0.5 percent each.
Are discoms spying light at the end of the tunnel?
More states are willing to reform the power sector, but it has to be a sustained effort going beyond the tenure of the new central scheme
Ideas For Profit | Do growing security concerns, high order book make defence stocks favourable?
Defence stocks as a basket has outperformed recently. Companies, particularly the PSUs, are sitting on huge orders that are supposed to be delivered over the next 4-5 years, providing strong revenue visibility. Does this make defence stocks a bet for long term? Watch here to find out which stocks look attractive
Bajar Gupshup | Markets snap 2-day losing streak aided by broad-based buying
The Indian equity benchmarks broke the two-day losing streak to end higher on April 26. At close, the Sensex was up 777 points and the Nifty was up 247 points. All sectoral indices ended in the green, with auto, realty and power indices gaining 2-3 percent. BSE midcap and smallcap indices rose 0.7-1.6 percent
Gold, silver & palladium prices cool off ahead of Akshay Tritiya; Right time to invest?
Prices of preciuos metals like gold, silver and palladium drop before Akshaya Tritya. Watch Manisha Gupta and Karunya Rao discuss the impact of prices dropping of these metals dropping and whether you should invest in them or not.
Does it make sense for Holcim to quit the Indian market?
Any exit from Indian markets will be in keeping with Holcim’s Strategy 2025 that is a journey towards its green focus. Recent acquisitions by the Swiss-based cement giant in building solutions and products, while simultaneously divesting its stake in Asian countries and others such as Russia and Brazil reinforce this strategy
Ideas For Profit | Why ICICI Bank’s stock re-rating will continue and valuation gap with HDFC bank narrow further
In terms of valuation, following the past year's rally, ICICI Bank’s valuation discount to that of HDFC Bank has narrowed. It is, however, still trading at around 18% discount to its closest lending peer hence, there is room for further closing of the gap with HDFC Bank, here's why
Bajar Gupshup | D-St mirrors weak global cues; Nifty below 17k again
Indian equity benchmarks ended lower yet again, with the Nifty slipping below 17,000, dragged by selling across sectors amid weak global cues. At close, the Sensex was down 617 points and the Nifty was down 1.3 percent. Except bank, all sectoral indices ended in the red, with auto, capital goods, FMCG, healthcare, IT, power, metal, oil & gas, realty down 1-4 percent
Ideas For Profit | Does strong deal pipeline warrant a buy for HCL Tech amid market volatility?
HCL Technologies' prima facie tepid show in Q4FY22 masks the strong performance of its service business. However, the stock remains one of the cheapest large-cap IT names, and MC Pro believes it could be added gradually in a volatile market. Here's why
Bajar Gupshup | Market snaps 2-day winning streak; Metal, banks worst hit
Benchmark Indices ended lower with Nifty closing below 17,200 and Sensex settling at 57,197, down 714 points. All sectoral indices ended in the red with capital goods, banks, healthcare, metal, and realty declining 1-2 percent. BSE midcap and smallcaps ended in the red.
Pharma companies have mounted a solid defence against India slowdown
The Indian pharmaceutical market grew at its slowest pace in more than a year in the March 2022 quarter
Ideas For Profit | Amara Raja: Should you buy despite adverse raw material price impact on stock & financials?
In terms of valuations, Amara Raja is now trading at 10.8 times FY24 projected earnings, which appears attractive, especially following the >45% correction from January'21 high. MC Pro advises investors to include the stock for the long term. Here's why
Bajar Gupshup | Nifty ends over 250 points higher; All major sectors close higher
Indian equity market ended on positive note helped by buying across the sectors. At close, both Nifty and Sensex were up 1.5 percent each. All the sectoral indices ended in the green with bank, pharma, auto, IT, power, realty and capital goods indices up 1-2 percent. The BSE midcap and smallcap indices rose 1 percent each.
All you need to know about falling aluminium prices
Aluminium hits 2-month low. Manisha Gupta analyses the reasons and impact
Ideas For Profit | ICICI Pru Life: Why the valuation gap with HDFC Life is expected to narrow over long term
ICICI Prudential Life is trading at a significant discount to HDFC Life. With improving business fundamentals, MC Pro expect the gap to narrow down further in the long term, offering upside to the current stock price. Here’s how
Bajar Gupshup | Markets snap 5-day losing streak; Auto names outperform
Benchmark indices bounced back and ended higher with Nifty comfortably finishing above 17,100. At close, Sensex was up 574 points, and Nifty was up 178 points. Auto, pharma, IT, oil & gas indices jumped 1-2 percent each, while selling is seen in the metal and banking names.
NBFC sector up for a churn, but PSUs will get a free pass
Government-owned NBFCs, much like the teacher’s pet students, will be afforded favoured treatment over private NBFCs
