Top sector picks for the new year are consumer discretionary including auto and auto ancillary, financial sector, and IT, said Ashish Kyal.
Market sentiment is likely to remain favourable for bulls on the Muhurat trading day. Below are some short-term trading ideas to consider.
Stocks To Watch, Jan 22: Stocks like Tata Technologies, Jana Small Finance Bank, KEI Industries, Rossari Biotech, Tanla Platforms, PNB Housing Finance, JK Tyre and Industries, Neuland Laboratories, Aditya Birla Fashion and Retail, Sobha, and Rikhav Securities will be in focus on January 22.
Stocks like Oil India, Max Healthcare Institute, Manappuram Finance, Berger Paints India, Datamatics Global Services, Hero MotoCorp, Premier Explosives, Infosys, and Coffee Day Enterprises will also be in focus on November 6.
Indo Count Industries, TVS Holdings, Monarch Networth Capital, JK Tyre,Reliance Infrastructure, Globus Spirits, and India Shelter Finance Corporation will also be in focus on September 17.
CMD Raghupati Singhania said the company will deploy around Rs 1,000 crore for expanding its Passenger Car Radials capacity while Rs 380-390 crore will be spent on ramping up the output of Off The Road and Truck and Bus Radials.
Grasim Industries, Sun Pharma, Power Grid Corporation, Paytm, Nykaa, Ashoka Buildcon, Dhanlaxmi Bank, GE Power India, Gland Pharma, GMM Pfaudler, HEG, Jubilant FoodWorks, New India Assurance Company, and Unichem Laboratories will announce their March quarter earnings on May 22.
Anshuman Singhania had earlier indicated that he expects raw material prices to increase by 3-4 percent in Q3 FY24 due to the ongoing Israel-Hamas war
The New Delhi-based company revealed that QIP was priced at Rs.345 per share (including a premium of Rs.343 per share with face value of Rs.2 per share)