Bajaj Finserv. Share Price 1647.45 01:13 PM | 28 Mar 2024 64.80(4.10%) Bajaj Finance. Share Price 7251.55 01:13 PM | 28 Mar 2024 228.81(3.26%) Grasim Industries. Share Price 2276.00 01:13 PM | 28 Mar 2024 68.66(3.12%) Hero MotoCorp. Share Price 4699.00 01:13 PM | 28 Mar 2024 126.10(2.76%) State Bank of India Share Price 753.45 … Read more
In India, general elections hold high significance for Dalal Street investors as early trends, opinion polls, and exit polls ahead of the final outcome provide cues on which party is likely to win the game. This time around, the election has gained prominence in light of India’s rising importance in geopolitics, its leading position in … Read more
Hemang Jani, Independent Market Expert, says “our overall sense is that though we might see a little bit of sideways movement or a bit of a profit booking, the broad structure of the market remains good. We will have to do a little bit more hard work in terms of what are the pockets of … Read more
Sanjiv Bhasin, Director, IIFL Securities, says “both ferrous, non-ferrous metals are looking very good. So buy a basket of stocks which include JSW Steel, Jindal, Tata Steel, not to mention that SAIL has gone into three figures, and could head towards Rs 125. Please add Hindalco as a play over there, because Novelis is performing … Read more
“It may be wise to re-evaluate investments in the small & midcap space and consider shifting focus towards largecap stocks, which have the potential to deliver a stronger performance in the coming year,” Rajeev Mathur, Head – Wealth Broking, YES SECURITIES India Ltd. In an interview with ETMarkets, Mathur said: “It is important to note … Read more
Street favourite BJP’s clean sweep in the Hindi heartland may compel foreign institutional investors (FIIs) to start buying Indian stocks in a big way once again and mark the return of megacap stocks that have been left behind in the ‘madcap’ rally in recent months. FIIs who had been bothered by the Indian market’s rich … Read more
Jigar Mistry, Co-founder, Buoyant Capital, says “if you look at the ownership spectrum of largecap versus smallcaps and look at the free float as an additional variable into this, very interesting data is shaping up. There are a few graphics running there but if you look at the free float ownership in the largecaps, FIIs … Read more
Sanjiv Bhasin, Director, IIFL Securities, says in the microfinance space, AU Small Finance deserves a relook. It was trading below Rs 700. I gave that as one of my Diwali picks at Rs 670, 680. They are progressing very well on their digital apps. Then, look at AB Capital, that is another NBFC which has … Read more
Sanjiv Bhasin, Director, IIFL Securities, says people are talking of largecap underperformance. But the stars have been REC, PFC, NTPC, and Coal India. While people kept doubting the PSU rally, they kept going higher. There is still more steam there. I would not advocate buying fresh ad hoc, one can do SIP in some of … Read more