The domestic equity indices are expected to open high on Tuesday in a holiday truncated week, tracking gains in Asian peers amid positive global market cues. Markets are likely to witness stock specific actions as investors react to corporate earnings for the December quarter. Stocks to watch include Zee Entertainment, ICICI Bank, Tata Motors, and Medi Assist amongst others. From the primary markets perspective, there will be only one public issue from the mainboard segment and the remaining six initial public offerings are from the SME segment, while their total fund raising will be little more than Rs 300 crore. Catch Nickey Mirchandani in conversation with Prashant Sawant-Founder Catalyst Wealth and Prateek Agarwal, Executive Director, Motilal Oswal AMC.
India's most valued company, Reliance Industries posted 3 percent rise in revenue from operations at Rs 2.48 lakh crore from year-ago period. The conglomerate's oil & gas segment quarterly revenues jumped 50 percent to Rs 6,719 crore mainly on account of higher volumes partly offset by lower price realisation from KG D6 Field. Consumer centric businesses continue to show strength. Catch this chat between Nandita Khemka and Rachita Prasad to know more about how the various segments have performed.
Moneycontrol surveyed over 50 CEOs in the run up to the Budget. The survey findings show that Indian CEOs are very optimistic about the India story but say that the government should step aside and let markets flourish. Watch Shweta Punj in conversation with Mohandas Pai, former CFO of Infosys and Chairman of Aarin Capital; D K Joshi, Economist; and Rohinton Sidhwa, Partner, Deloitte India. Watch live here on Moneycontrol to know more.
22,000 on the charts for the first time .Nifty vaults nearly 200 points to hit record high . Sensex scales 73,000 mark for the first time. Nifty Midcap hits new high. Catch Nandita Khemka and Yatin Mota as they discuss stocks on their radar including HCL Tech and IndusInd Bank
Medi Assist Healthcare's IPO to open for subscription on Jan 15, 2024 and conclude on Jan 17, 2024. The company is a third-party administration (TPA) services provider to insurance companies and offers offers medical insurance and cashless hospitalization through a network of healthcare service providers. Catch Nickey Mirchandani in conversation with Dr. Vikram Jit Singh Chhatwal, Chairman and Whole-time Director & Mr. Satish V.N. Gidugu, Chief Executive Officer and Whole-time Director live on Moneycontrol to know more.
I.T. company Wipro reported its Q3 earnings. The company's net profit fell by 12% to Rs 2,694 crore. The revenue was down 4%. This is the fourth consecutive quarter wherein the company has reported a fall in profits YoY. While HCLTech is likely to report better earnings performance than peers.
Wipro is expected to report its 4th straight quarter of declining revenue while margin too may be under pressure after wage hikes..meanwhile HCL Tech is likey to report the highest growth amongst peers with an expected sequential revenue growth of 4%.Stacy Pereira speaks with Omkar Tanksale - Senior Research Analyst - I.T., Axis Securities to get a perspective on overall I.T. sector Q3 earnings
Indian equity benchmark indices, Sensex and Nifty 50, are expected to open on a cautious note on Friday tracking mixed global market cues, while investors will take cues from the domestic corporate earnings for the December 2023 quarter. Indian IT services majors Tata Consultancy Services (TCS) and Infosys reported their Q3 results on Thursday, kicking off the earnings season for the third quarter of FY24. TCS reported 6% sequential rise in Q3FY24 net profit to Rs 12,016 crore, while its revenue increased 1.5% QoQ to Rs 60,583 crore. Stocks to watch out includes TCS, Infosys and IT readthrough, Oil & Gas companies, Nykaa amongst others. Catch Nickey Mirchandani in conversation with Hemen Kapadia, Senior Vice President, Institutional Equity, KR Choksey Shares & Securities Pvt Ltd and Amit Jeswani , Founder of Stallion Asset.
India's largest IT companies Tata Consultancy Services and Infosys, are due later today. Quarterly earnings by the two industry leaders will set the tone for the entire IT sector. Most analysts anticipate growth for IT companies to remain subdued in the October-December period, largely due to weak seasonality amidst the holiday season in key markets like North America and Europe, along with uncertainty in discretionary spending and restrained technology budgets of clients. Regardless of expectations of subdued growth in Q3, analysts believe management commentary by these companies will take centerstage in the earnings season for IT majors rather than the actual numbers. Catch this chat between Moneycontrol's Nandita Khemka and Debangana Ghosh on what should one really be watching out for this time around.
The Indian stock market indices set for a cautious start amidst negative global set up Trends on GIFT Nifty indicate a flat start for the broader index in India. Stocks to watch out for include Phoenix Mills and Bank oF India Catch Nickey Mirchandani in conversation with Chandan Taparia ,Senior Vice President, Head - Derivatives & Technical Research , Motilal Oswal; Chetan Thacker, Senior Vice President - Portfolio Manager, ASK Investment Managers
The domestic equity market is expected to open on a cautious note on Wednesday following mixed global market cues. Stocks to watch out for includes Delta Corp, Spicejet, Polycab India, PFC amongst others. Catch Nickey Mirchandani with Rajesh Palviya · Senior Vice President Research (Head Technical & Derivatives ) at Axis Securities and Anshul Saigal - market expert Nimesh Shah, Executive Editor at CNBC TV-18 brings out 10 reasons to be cautious on the markets
The equity benchmark indices, Sensex and Nifty 50, are expected to open higher on Tuesday, rebounding from previous session’s steep losses, amid supported global market cues. Stocks to watch out for includes Bajaj Auto, Tata Motors, Zee Entertainment amongst others Catch Nickey Mirchandani in conversation with Aamar Deo Singh, Sr Vice President at Angel One and Aashish Somaiyaa, CEO, WhiteOak Capital AMC.
Domestic equity market indices, Sensex and Nifty 50, are expected to open on a muted note Monday following mixed global market cues. Healthy pre-quarterly business updates indicate that the earnings growth momentum is likely to continue in Q3 as well. Overall it will be an eventful weak as Infosys reports numbers on Thursday. Stocks to watch out for includes Titan, Godrej Consumer Products, Marico, Nykaa, Bank of Baroda and Union Bank amongst others. Financials would be in focus on back of couple of upgrades by Macquire. Catch Nickey Mirchandani in conversation with Prashant Sawant-Founder Catalyst Wealth and Mayuresh Joshi--Head of Equity Research, William O’Neil India
India's benchmark Nifty 50 index is expected to open on a cautious note following mixed cues from global peers. Catch Nickey Mirchandani in conversation with Kush Bohra ,Founder, kushbohra.com and Harsha Upadhyaya, Chief Investment Officer (Equity), Kotak MF. Seperately, Ashwin Mohan - Senior Editor - M&A - moneycontrol.com also draws in trend key IPO and block deal trends to expect in 2024 and highlights the hottest sectors and transactions to watch out for.
India's benchmark Nifty 50 index is set to open higher on Thursday, after easing from near record highs in the past two sessions as investors continue to fret over the timing of U.S. rate cuts. Banking, Telecom stocks will be update on back of Q3 and October month updates respectively. IT Names will be in focus on back of JP Morgan report on the sector. Buyback plans by Dhampur Sugar and Chambar Fertilizers to will be watched out Catch Nickey Mirchandani with Chandan Taparia ,Senior Vice President, Head - Derivatives & Technical Research , Motilal Oswal and Sandip Agarwal -Fund manager, Sowilo Investment Managers.
Nifty50 remains under pressure amidst the volatility that the indian equity market is expereincing. A negative divergence on the daily charts could suggest a potential cool-off from the recent uptrend. Index is expected to remain in a range of 21,350-21,800. So at the lows, will it be a good time ti enter the stock market? Which Sectors are going to be the outperformers in 2024? and what kind of stocks should you be building your portfolio with? Stacy Pereira discussed all this and more with Rajesh Palviya · Senior Vice President Research (Head Technical & Derivatives ) at Axis Securities Limited & Feroze Azeez, Deputy CEO, Anand Rathi Wealth Limited on Opening Bell
The domestic equities are likely to open on a positive note Tuesday following mixed cues from global peers Metal and Auto Stocks will remain in focus. Jefferies upgrades JSW Steel. Eicher Motors reports lackluster numbers. Catch Nickey Mirchandani in conversation with Aamar Deo Singh Sr Vice President at Angelone and Mihir Vora, Chief Investment Officer, TRUST Mutual Fund to know more.
The start of 2024 for the Indian equity market might be lackluster. Trade is expected to be thin as Asian markets are closed today. The US and most European markets will also remain closed today. Most of the stock markets around the world are shut today on New Year’s Day. December Auto Sales | Stocks Like Bajaj Auto, Maruti, Hero MotoCorp, Escorts Kubota and the entire Auto sector will be in focus on Monday as companies will report their sales figures for December, the final month of 2023 and the quarter as well. Separately, Stocks that need to be watched out for include Grasim Industries, Kolte-Patil, Dr Reddy’s Lab amongst others. Catch @onlynickey with Brijesh Ail, Head Technical & Derivatives, Retail Research (IDBI Capital Markets and Securities and Sunil Subramaniam, MD and CEO, Sundaram Mutual Fund
The Stocks that need to be watched out for include Indiabulls Housing Finance, Federal Bank, IDFC First Bank, Innova Captab and Tata Coffee amongst others. Catch @onlynickey with Shivangi Sarda, Analyst- Equity Derivatives & Technicals, Broking & Distribution, MOFSL and Dhiraj Relli, MD & CEO, HDFC Securities.
Benchmark indices ended higher for the third consecutive session on December 26 with Nifty at 21,450. At close, the Sensex was up 229.84 points or 0.32 percent at 71,336.80, and the Nifty was up 91.90 points or 0.43 percent at 21,441.30. About 2063 shares advanced, 1325 shares declined, and 109 shares unchanged.Biggest Nifty gainers were Divis Laboratories, Hero MotoCorp, Adani Enterprises, Hindalco and NTPC, while losers were Bajaj Finance, Bajaj Finserv, Infosys, TCS and Tata Motors. For more analysis on today's market highs tune into Bajar Gupshup with Yatin Mota only on Moneycontrol.
Indian equity markets are likely to start, the last week of 2023, with slight gains. U.S. inflation data bolstered bets the Fed Reserve would cut interest rates soon. Asian stocks gave up early gains. Amid holiday season, few global markets are shut today. The Stocks that need to be watched out for include Infosys, Aurobindo Pharma, Zydus Lifesciences, UPL, Reliance Industries, Tata Steel. New listings would Include Suraj Estate Developers, Muthoot Microfinance and Motison Jewellers. Catch Moneycontrol's Nickey Mirchandani with Brijesh Ail Head Technical & Derivatives, Retail Research (IDBI Capital Markets and Securities Limited) and Anish Tawakley- Deputy, CIO- Mutual Fund Manager, ICICI Prudential.
Indian stock markets look set for yet another session of weakness after previous session's sharp sell. The benchmark index Nifty 50 clocked the biggest single-day correction in the current financial year on account of profit booking. Midcap posts biggest single-day fall since Dec 23, 2022. But, the key question remains will recovery kick anytime soon? Weekly expiry, crude oil surge and Covid cases would be key factors for the day. Stocks that need to be watched out for include some midcap names like BSE, Mazagon and Cochin Shipyard, Inox India listing amongst others. Catch Moneycontrol's Nickey Mirchandani with Chandan Taparia ,Senior Vice President, Head - Derivatives & Technical Research , Motilal Oswal and Aishvarya Dadheech-- Founder & CIO, FIDENT ASSET MANAGEMENT.
Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to see a higher opening on Wednesday led by positive global market cues. However, a spike in crude oil prices on concerns over disruption in the Red Sea would weigh on investor sentiment. Stocks to watch out for include- Accenture’s Q2 impact on IT Stocks, Varun Beverages, new listings- DOMS Industries and India State Finance Corporation, Astral and Nippon AMC amongst others. Catch Moneycontrol's Nickey Mirchandani with Rajesh Palviya · Senior Vice President Research (Head Technical & Derivatives ) at Axis Securities and Feroze Azeez, Deputy CEO, Anand Rathi
Happy Forgings, the precision machined products manufacturer, is planning to raise ₹1,008.59 crore through its maiden public issue. The three-day subscription period for the IPO will start from December 19 and continue till December 21. The price band for the offer has been fixed at ₹808-850 per share. Moneycontrol’s Nickey Mirchandani speaks with the management about their plans post becoming a public listed company