Hindustan Unilever, a top player in the FMCG space, continued to gain market share amid heightened competitive intensity, backed by a wide product basket and presence across price segments. The company is well-positioned to expand its presence in under-penetrated categories in the rural and the urban markets where per capita consumption is low. This will expand the TAM (total addressable market) and drive sustainable growth.
Indian equity benchmarks saw a sharp surge on Friday led by a solid rally in the technology pack. The Nifty 50 hit a new high after eight days of consolidation and closed just a tad below 21,900 levels. Given the strong momentum in the bulls camp, the index is likely to climb the much-awaited psychological 22,000 mark soon with support at 21,750-21,600 levels, but might get pressure from bears at 22,000, experts said. On January 12, the benchmark indices ended at a new record closing high with the BSE Sensex rising 847 points to 72,568, while the Nifty 50 surged 247 points or 1.14 percent to 21,895. This morning global cues are mixed ahead of China GDP and Japan Inflation data slated for this week. The Nikkei is extending its record run and the GIFT Nifty hints at a fresh record above the 22,000 mark. IT shares saw a solid surge as Q3 earnings point to optimism but is the good news already priced in? Also among stocks in focus today are Tata Consumer, DMart & Aditya Birla Money. Catch Nandita Khemka in conversation with Jay Patel, Research Head-Investmentor Securities and Apurva Prasad-- Vice President - Institutional Research, HDFC Securities
Nifty sees profit booking at highs while midcaps outshine. Autos, FMCG, and metals lead gains, while oil & gas, banks, and IT lag behind. Top Nifty gainers include Tata Motors, Tata Consumer, Britannia, and Adani Ports, with BPCL, SBI, ONGC, Coal India, Infosys, and Kotak Bank among the losers. Catch Nandita Khemka & Yatin Mota live on Mid-day Mood Check to know more.
CRIL is continuing rapid network expansion by not only deepening presence in existing cities but also entering new towns. Increasing share of women wear as well as accessories would drive the same store sales growth (SSSG). Entry into newer categories will broaden the offerings and serve as a one-stop shop for the consumers.
Deccan Cements is a small-sized cement manufacturer having an impressive track record of consistent performance. The firm has produced solid operating metrics even in competitive market conditions. The management is planning to double the cement capacity from the current levels.
The Nifty hovering near 21,450. Mid and small caps take a breather with positive breadth, while FMCG stocks see increased buying activity and realty emerges among the gainers. Discover the top Nifty gainers including Nestle, Tata Consumer, RIL, Coal India, NTPC, and ITC, as well as the day's losers such as Adani Ports, Wipro, Hero, TCS, Hindalco, and HCL. Catch this mid-day market mood check with Nandita Khemka & Yatin Mota to know about all the movers and shakers in today’s session!
The stock of Life Insurance Corporation of India has underperformed since its listing in May 2022. While the valuations of the largest insurer certainly point to more upside in the stock, there are few issues ranging from potential government interference, slower technology adoption and lower business growth amid stiff competition from private players. But the current valuation is more than pricing in the concerns which makes the risk-reward favourable for the stock. While LIC’s performance lags private peers on certain parameters, the insurer’s strategy and focus aims to overcome the concerns in the medium to the long term
Indian equity market recorded sharp upmove for second consecutive session and moved closer to 21,500 mark on December 15. Experts believe the momentum indicator RSI (relative strength index) is showing positive bias, but has reached th overbought stage, hence, some kind of consolidation can't be ruled out in coming days. Immediate support on the Nifty is seen in the 21,300-21,200 zone, before it can resume its upward journey above the 21,500 mark. On December 15, the BSE Sensex surged 970 points to 71,484, while the Nifty50 rose 274 points to 21,457. The broader markets gained but underperformed benchmark indices. The Nifty Midcap 100 index was up 0.11 percent and Smallcap 100 index gained 0.7 percent, while the India VIX, the fear index jumped above 13 mark, rising 6.55 percent to 13.13 levels, which is a bit of concern for bulls. This morning global cues are mixed with Asian markets edging lower ahead of BoJ rate decision and China loan prime rates later this week. Wall Street clocked in a seventh straight week of gains with Dow hitting a fresh high in intra-day trade. The GIFT Nifty is hinting a muted start for Indian market. Also among stocks in focus today, we put the spotlight on Zee Entertainment, JSW Group, J Kumar Infratech & PB Fintech among others. Catch Nandita Khemka in conversation with Harsha Upadhyaya, Chief Investment Officer - Equity, Kotak MF and Rajesh Palviya, Senior Vice President Research Head-Technical & Derivatives at Axis Securities.
Has your money worked for you in 2023? While the absolute return on the Nifty -50 is around 14%, MC Pro's carefully curated portfolio has managed to outperform the nifty-50 by 32%. 14 out of the 19 stocks have given higher absolute return than the Nifty and the portfolio’s stellar show has produced several winners. IRCON, Safari, Rate Gain, stocks that can be viewed as multi-baggers. But there's more, watch out for MC Pro’s New Year 2024 Portfolio to be released on Monday, 18th December, exclusive for subscribers. Moneycontrol's Stacy Pereira speaks with MC Pro Research head Madhuchanda Dey on what we can expect from the 2024 edition
Sensex Hits Record 71,000! Nifty Surpasses 21,300 | Smallcaps Surge, Midcaps Hold Steady | IT Index Leads With 3% Jump | Metals and Pharma Shine, Energy Rises | Banks, FMCG, and Realty Witness Losses | Top Nifty Gainers: HCL Tech, Infosys, TCS & More | Top Nifty Losers: HDFC Life, Nestle, SBI Life & Others. Catch this mid-day market mood check with Nandita Khemka to know about all the movers and shakers in today’s session!
Stock of the day: Zomato has maintained revenue growth on strong food delivery and quick commerce business. Losses are coming down and by FY25, operating profit should start to reflect the long-term profitability potential of the business
Fed Holds Rates Steady & Hints at 3 Rate Cuts in 2024. The Nifty hits a new high, sparking a global rally, while the Nifty Bank achieves record-breaking numbers, nearing the 48,000 mark. We'll explore how mid and small-cap stocks mirror benchmark movements and analyze the green market landscape, notably led by the I.T. and realty sectors. Additionally, we'll discuss the surge in the I.T. index, the cooling off of the U.S. dollar index, and the impact of a 10-year yield below 4%. Stick around for insights on Nifty gainers including Tech Mahindra, Bajaj Finance, HCL Tech, Infosys, and Wipro, as well as losers like Power Grid, HDFC Life, BPCL, Nestle, Cipla, and Hero. Catch this mid-day market mood check with Nandita Khemka & Yatin Mota to know about all the movers and shakers in today’s session!
Nifty remains volatile above 21,000 while Sensex stays below 70,000. Today, mid & small-cap stocks shine, bringing a positive market breadth. Metals & PSU banks surge, while realty & energy sectors face losses. Nifty Gainers: Hindalco, HDFC Life, UltraTech, Bajaj Auto, JSW Steel. Nifty Losers: BPCL, Eicher Motors, Sun Pharma, L&T, Maruti. Catch this mid-day market mood check with Nandita Khemka & Yatin Mota to know about all the movers and shakers in today’s session!
Nifty Erases Gains; Pharma Top Gainer. Tata Tech IPO Fully Subscribed. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know about all the movers and shakers in today’s session!
Nifty Heads South Amid Volatile Trade; Bajaj Finance, Cipla Among Losers. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know about all the movers and shakers in today’s session!
Nifty rebounds from lows to stabilize near 19,750 while the NSE Advance-Decline ratio favors gainers. Small-caps shine in the broader markets, outperforming major indices. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know about all the movers and shakers in today’s session!
Nifty surges past 19,800 with a two-day winning streak. The NSE Advance-Decline ratio favors gainers, while India VIX sees a significant 5% jump. With most sectors in the green, except metals and PSU banks, it's a day of gains. Top sectors include IT, Pharma, and Realty, while Nifty gainers feature TCS, Tech Mahindra, Infosys, and HCL Tech. On the flip side, Power Grid, Hindalco, Axis Bank, Coal India, and UPL face losses. Catch this mid-day market mood check with Nandita Khemka to know about all the movers and shakers in today’s session!
The Nifty surges past 19,600 and the Sensex hits 65,500 fueled by robust global indicators. The US dollar sees its sharpest drop in nearly a year while US yields dip below 4.5% amidst a cooling US CPI. The NSE reports an impressive advance-decline ratio of 2.2:1 with all sectors in the green, notably led by Realty & I.T. giants. We'll delve into the standout performers and laggards, with Tech Mah, Hindalco, ONGC, Eicher, and UPL among the top Nifty gainers, and Power Grid, IndusInd, Sun Pharma, and M&M among the losers. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know about all the movers and shakers in today’s session!
Day of breather; Nifty hovers around 19,350. Mid & smallcaps outperform; Advance-decline rate at 1:1. Buying in pharma & metals; realty, banks top laggards. Bajaj Finance stock gains as company launches QIP. Bajaj Finance sets floor price for Rs 8,800 cr fund raise. Bajaj Finance: QIP Floor price likely at 4% discount. Nifty gainers: Dr Reddy’s, Hindalco, ONGC, Sun Pharma, BPCL. Nifty losers: ICICI Bank, Power Grid, HDFC Bank, Bajaj Finance, Hero. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know about all the movers and shakers in today’s session!
NIFTY around 19,250 on second day of gains. Autos, realty, pharma & FMCG among sectoral gainers. Smallcaps outperform; NSE advance-decline ratio at 3:1. All sectors in green led by realty, banks & autos. Top Nifty gainers: Tata Motors, Apollo Hospital, Eicher, Adani Ports, Titan. Top Nifty losers: DRL, SBI Life, NTPC, Bajaj Finance, Tata Steel. Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know about all the movers and shakers in today’s session!
Catch this mid-day market mood check with Nandita Khemka and Yatin Mota to know about all the movers and shakers in today’s session!
NIFTY extends losses, but holds 19,000. Mid & smallcap indices outperform once again. PSU banks, realty top sectoral gainers. Metals, private banks among top losers. Top Nifty gainers: BPCL, Tata Consumer, Bajaj Auto, RIL & Sun Pharma. Top Nifty losers: Coal India, Asian Paints, Nestle, UPL & Maruti. Catch this mid-day market mood check with Nandita Khemka and yatin Mota to know about all the movers and shakers in today’s session!
Bears eased control on Dalal Street as Indian equity markets staged a smart recovery. Sensex surged 500 points, and Nifty reclaimed the crucial 19,000 level on the back of positive global cues. This bounce back comes as a relief after six straight sessions of losses. Among stocks that are abuzz in trade Asian paints, Shriram Finance LT Food. Catch this mid-day market mood check with Yatin Mota to know about all the movers and shakers in today’s session!
Aka playing Monopoly with real investor’s money.
Catch this mid-day market mood check with Nandita Khemka to know about all the movers and shakers in today’s session!