While the subdued performance of ITC shares in the last one year may have thrown it off the watchlist of crores of retail investors on Dalal Street, the bluechip has the highest win rate on Budget days among all Sensex stocks. An analysis of how Sensex stocks have performed in the last 10 Budget days … Read more
Continuing the positive momentum for the third straight day in sync with global markets, the Indian stock market on Saturday opened on a positive note with Sensex reclaiming the 74,000 level and Nifty crossing the 22,500 mark. Volumes are expected to be low in the market on Saturday as it is a special trading day … Read more
Domestic markets started the week on a flat to positive note amid lack of any triggers, but soon turned a bit turbulent, However, a V-shaped recovery of sorts placed the indices back on track. During the week, 67 smallcap stocks had a good run with double digit gains, higher than that of the previous week. … Read more
Brokerage firm Jefferies maintained a buy on JB Pharma, Citigroup has a buy rating on Nestle India, CLSA recommended a sell on Nazara Technologies and Morgan Stanley maintained an Equal Weight rating on Trent. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on JB Pharma: Buy| … Read more
“While these companies have performed exceedingly well this current financial year, the next financial year probably will not be as good,” says Sudip Bandyopadhyay, Group Chairman, Inditrade Capital We just marked the Budget week and what are the standout sectors that are coming for you because while we were chatting with all the market experts, … Read more
Tata Consumer shares on Friday rallied up to 4% to a fresh 52-week high of Rs 1,161 on BSE after ET reported that the FMCG firm is all set to acquire Ching’s Secret-maker Capital Foods and Organic India. Last month, Tata Consumer became the sixth Tata Group stock to cross the Rs 1 lakh crore … Read more
New Delhi: Sugar content in Bournvita has seemingly gone down by over 14 percent, months after a row erupted following a video claiming that the popular ‘health’ drink “miscommunicated” its “nutritional value” and sugar content on packaging. Though Bournvita dismissed the video’s claims, and the video was dropped after a legal notice from its owner … Read more
Abhay Agarwal, Founder & Fund Manager, Piper Serica, says “outsourced manufacturing as a concept is here to stay and it will reward large players. While there is nothing wrong with branded players like Voltas or Blue Star, we would like to back very efficient, large and getting larger manufacturers like Dixon and Amber purely for … Read more
GIFT Nifty on the NSE IX traded 19.5 points, or 0.09 per cent, lower at 21,466.50, signaling that Dalal Street was headed for negative start on Tuesday. Here’s a slew of stocks that will be in focus today for various reasons. Sapphire FoodsIn Sapphire Foods, promoter group entities – Sapphire Foods Mauritius and Samara Capital … Read more
MUMBAI: Equity benchmark indices rebounded in early trade on Tuesday after two days of decline, mirroring a bullish trend in global markets along with buying in Reliance Industries and HDFC Bank.The 30-share BSE Sensex climbed 268.31 points to 65,923.46 in early trade. The Nifty went up by 85.1 points to 19,779.10.Among the Sensex firms, JSW … Read more