ICICI Prudential shares fall 4% after Q4 results. Should you buy, sell or hold?
The company’s consolidated net profit rose 26% to Rs 235 crore for the January-March period as compared to Rs 186 crore in the corresponding period of last year. The new business premium for the quarter rose 18% to Rs 5,635 crore against Rs 4,788 crore in the same quarter last year.
Payment gateway to trading platform: Here’s a timeline of Paytm product launches
Here’s a timeline of its products launched by the company.
We are well positioned to further grow our VNB: NS Kannan, ICICI Pru
ICICI Pru’s MD & CEO, NS Kannan, believes that the company’s well-diversified platform, product suite, and channel mix have positioned the company to further grow its Value of New Business (VNB) given the insurance potential and regulatory developments in the country.
At multi-year highs: SML Isuzu among 7 stocks that gave 5-year breakouts
In the NSE list of stocks with a market cap of over Rs 1000 crore, seven stocks crossed their previous 5-year high value at the close on April 20, suggesting bullishness in counters, according to stockedge.com’s technical scan data. Take a look.
4 sectors Mahesh Patil is bullish on for near term
Despite concerns over growth slowing down and earnings downgrades, the Indian market is creating a good support for a medium to long-term move, says Mahesh Patil, CIO of ABSL AMC. He notes that valuations are now more reasonable and there are signs of decent earnings growth even if it is lower than previous expectations.
MRF, Bharti Airtel among 9 stocks that jumped above their 200 DMAs
In the Nifty500 pack, these nine stocks rose to close above their 200 DMAs (Daily Moving Averages) on April 20, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the […]
Golden Crossovers: These 3 stocks signal further bullishness
In the NSE list of stocks, three stocks with a market cap of over Rs 1000 crore are witnessing Golden Crossovers, according to stockedge.com’s technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks’ […]
ETMarkets Smart Talk: Monthly SIP contribution from retail investors could reach Rs 35,000 crores in next 10 years: Akhil Chaturvedi
Indian equity markets in a sweep spot. Inflation has shown signs of ebbing and RBI has already paused rate hikes. Capacity utilisation is ~74% fuelling private capex. Capital expenditure, both public capex (~18Y high) and private capex (~15Y high) are the biggest strength.
ETMarkets Fund Manager Talk: Tax amendments unlikely to impact participation in debt funds: Deepak Agrawal, Kotak AMC
Based on the latest inflation print, average inflation for FY24 is expected to be lower than RBI’s FY24 forecast of 5.20%. At 6.5% repo, the real rate based on 1-year forward inflation is upward of 130 bps. Hence, the case for a long pause on repo rate at 6.5% has strengthened.
Stocks to buy today: Top 8 short-term trading ideas by experts for 21 April 2023
“Options data suggests a shift in a trading range in between 17400 to 18000 zones while an immediate trading range in between 17500 to 17850 zones,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said.