Fmcg Space

In today's market highlights, Hindustan Construction Company successfully raised ₹600 crore through a Qualified Institutional Placement (QIP), attracting prominent investors like Citigroup and Societe Generale. Amara Raja Energy & Mobility will supply AMARON AGM batteries to Hyundai Motor India for its domestic product lineup under an existing procurement agreement. Exide Industries' subsidiary, Exide Energy Solutions, has partnered with Hyundai Motor India for the production and supply of EV battery cells. Meanwhile, InterGlobe Aviation's board has approved a $43 million loan to its subsidiary, InterGlobe Aviation Financial Services IFSC. Zodiac Energy secured its first international rooftop solar order worth $720,626 for a 2 MWp system in Zambia. Additionally, Bharti Airtel prepaid ₹3,626 crore to clear its 2016 spectrum liabilities, contributing to a total prepayment of ₹28,320 crore in spectrum dues for 2024. Stay tuned for all the top updates impacting these stocks today!

Good time to book profits; earnings-led volatility likely: Pros

It is a good time to book profits because earnings are likely to be volatile. Moreover, even if earnings are good, they are already priced-in, says Ashwani Gujral of aswhanigujral.com.

Infosys, HDFC Bank, Aurobindo are top picks: R Sreesankar

R Sreesankar, Head Institutional Equities, Prabhudas Lilladher in an interview to CNBC-TV18 shared his rationale for picking Infosys, HDFC Bank, Aurobindo Pharma, Jubilant Life and Glenmark as his top picks.

Be patient, let market stabilise; avoid aviation, like IT: Pros

Aviation space is an avoid for market expert Ratnesh Kumar because on a generic basis it is tough to take a fundamental call on the sector.

Buy on corrections; like Kotak Mah Bk, TCS: MOS AMC

The house is upbeat on the largecap IT stock like TCS, and MindTree and Tech Mahindra from the midcap space because they are well positioned for new transformation and to manage growth in the interim, says Taher Badshah of Motilal Oswal AMC.

Market experts say pre-Budget rally likely; avoid metals

Sudarshan Sukhani of s2analytics.com is not worried about the market correction, says he would wait patiently for the market itself to give a direction going forward. He says, this is a bull market and we will have deep corrections o nthe way.

The FMCG dilemma: FIIs, DIIs divided on investments

An analysis by CNBC-TV18's Farah Bookwala shows that while foreign institutional investors have largely increased their stakes in FMCG companies over the last year, domestic institutional investors have reduced their stakes. Here's why.

This rally won't culminate into new bull market: Chokani

Anlysing the concept of 'own-the-good' business theory, Manish Chokhani says the best strategy is to buy companies that are in 10-15 times P/E band. There are lots of pharma companies excluding Sun pharma. Similarly there are lot of IT companies excluding TCS where one can look at.

Don't buy FMCG stocks, look expensive: Pathik Gandotra

Pathik Gandotra of Dron Capital said he would not buy FMCG stocks as these are expensive stocks.

FMCG space may see upside next week: Sushil Kedia

Sushil Kedia of CIMB feels there is some room for FMCG stocks to still perform on the upside over the next week or ten days.

Evening Wrap: 2-min guide to all news the from biz world

Here are the top headlines that made news today.

Rahul Chadha underweight on oil & gas, metals

Rahul Chadha of Mirae Asset Global Investments remains positive on consumer discretionary names. "Our underweights would be essential oil & gas, commodities and metal space," he adds.

ITC can rally towards Rs 320 soon: Badkar

Atul Badkar, Edelweiss Securities is of the view that ITC can rally towards Rs 360 in a couple of weeks.

Prefer FMCG stocks, says Parag Doctor

Parag Doctor, Keynote Capital is of the view that, one can prefer FMCG space to park their money.

Buy Havells India, Sell Jubilant FoodWorks: Emkay

Emkay Global Financial Services has come out with its report on FMCG space. According to the research firm, Havells India's domestic business continues to remain healthy, despite industry moderation. The management has maintained 15-20% topline growth guidance in FY13E.

PN Vijay positive on FMCG space

PN Vijay, Portfolio Manager, askpnvijay.com is positive on FMCG space.

Pezarkar neutral on FMCG space

David Pezarkar, Head - Equity, Daiwa Mutual Fund is neutral on FMCG space.

Sanjay Sinha`s view on FMCG space

Sanjay Sinha, Founder, Citrus Advisors shares his view on FMCG space. He doesn’t expect FMCG space to be an outperforming sector of the market in 2012.

PINC Research neutral on FMCG space, positive on ITC

PINC Research has come out with its report on FMCG space. The research firm recommends buying ITC.

Add ITC, Jyothy Labs to your portfolio: PINC Research

PINC Research has come out with its report on FMCG space. The research firm recommends to buy ITC.

Tandon`s view on FMCG space

Anand Tandon, CEO, JRG Securities shares his view on FMCG space.

Pezarkar`s view on FMCG space

David Pezarkar, Head - Equity, Daiwa Mutual Fund shares his view on FMCG space

Kotak Equities advices against midcap FMCG companies

The FMCG space has emerged a clear defensive sector over the past few months, with investors piling into these companies so as to protect their money. But is this sector overhyped?

Why does Rajesh Jain pick Tata Steel over Sesa Goa?

Independent market strategist Rajesh Jain, in an interview on CNBC-TV18, spoke about his reading of the market and the outlook. He also gives his views on stocks in the FMCG space and on Sesa Goa.