-
The BSE Midcap index surpassed its record high level seen in 2018, while the Smallcap is still more than 1,000 points away from previous record high levels.
-
Varun Beverages is engaged in the manufacture, sale, bottling, and distribution of PepsiCo’s beverages in pre-defined territories in India (27 states and seven Union Territories).
-
Most experts say the rally is expected to continue in broader space, as both midcap and smallcap indices are still below their record highs of January 2018.
-
With midcaps and smallcaps expected to outperform largecaps, especially after September quarter earnings, this is the right time to build a portfolio, analysts have said.
-
In October itself, the benchmark indices gained around 4 percent, taking total gains to over 55 percent from March lows. The Nifty Midcap index, too, gained 55 percent while the Nifty Smallcap surged 75 percent.
-
Neeraj Chadawar of Axis Securities believes that market volatility is likely to provide good opportunities for Midcaps and Small caps.
-
As the uncertainty persists, a stock-specific approach is what one needs to follow in this market.
-
Axis Securities added ITC and CCL products in its list of top picks as it sees value buying and small cap allocation increasing, while the brokerage dropped Aarti Industries and Escorts from its list.
-
The broader markets also traded in line with benchmark indices as the BSE Midcap index gained 35 percent and Smallcap index rose 40 percent.
-
Despite disruptions, the company maintained its operating margin on benign raw material costs and an easy base for the International business.
-
ICICI Securities maintained buy rating on the stock with a target price at Rs 950.
-
Rusmik Oza said a 5-6 percent correction from the peak levels could be a healthy one for the long-term market sentiment.
-
As part of growth strategy, the company remains focused of product mix diversification, distribution expansion particularly in rural and semi-urban areas, cost reduction and technology leverage to improve overall efficiency.
-
Rusmik Oza of Kotak said high expectations from the Budget could lead to a good start for Indian equities in 2020.
-
Market remained highly volatile in last week amid domestic and global cues including December F&O expiry, bond sale by govt, Jharkhand election, capital infusion in PSU banks and progress on on US-China trade deal.
-
Of the qualitative IPOs, we recommend four companies that listed in the last two-to-three years and have delivered consistent performance in a volatile market
-
Crude oil prices and rupee movement amid trade tension between US-China and US-Iran are likely to keep markets volatile, an expert said
-
The S&P BSE Midcap index slipped 0.57 percent for the week ended May 17 while the S&P BSE Smallcap index was down 1.5 percent in the same period.
-
Nifty is trading above 20, 50 and 100-day SMA which are important short term moving averages, indicating positive bias in the short term.
-
Upon completion of the acquisition, VBL will be a franchise of PepsiCo beverages business across 27 states and seven Union Territories (UTs)
-
Rajat Bose of rajatkbose.com recommends buying Havells India with stop loss below Rs 534 for targets of Rs 546 and Rs 553 and a buy also on Varun Beverages with stop loss below Rs 712.90 and targets are Rs 738 and Rs 750.
-
While maintaining Buy call on the stock with a target price at Rs 885 per share, CLSA said the outlook was fairly strong for 2018.
-
Overall benchmark indices have been in a tight range and that rangebound or consolidation is expected to continue in short term, experts suggest.
-
Adani Ports, Titan, among others are being tracked by investors on Monday.
-
The derivative data indicates that bullish scenario is likely to continue with Nifty having multiple strong supports at lower levels around 11000 & 11030 spot.
