10 mid and smallcap stock ideas for May that can rally up to 55%
Equity markets are expected to continue their uptrend after a decent show in April. Most analysts expect the benchmark Nifty to march towards 18,300 and 18,400 during the month. In this scenario, Axis Securities has picked 10 small and midcap stocks for May that can rally up to 55%. The brokerage’s top picks basket has […]
Gold prices hit record high, dampen demand: Dealers
Domestic gold futures rose to 61,490 rupees ($752.49) per 10 grams, up nearly 12% so far in 2023.
Capgemini posts weaker revenue growth in Q1
The company’s revenue reached 5.73 billion euros ($6.35 billion) over the period, 10.9% above the first three months in 2022.
India 10-yr bond yield at 13-month low on bets of Fed pause
The 10-year benchmark 7.26% 2033 bond yield was at 6.9786% as of 9:05 a.m. IST, its lowest since April 8, 2022. They closed at 7.0057% in the previous session.
Our priority is to launch all projects added over last two years within this financial year: Godrej Properties
Well, I think Rs 15000 crore project additions would actually be a very strong number. I think it is useful to correlate this with the kind of sales we are doing because we are not looking to build a land bank of a typical sort.
Stocks to buy today: 3 short-term trading ideas by experts
The Indian equity indices, Nifty 50 and S&P BSE Sensex, opened flat on Thursday. The former rose by 0.07% to settle at 18,102, while the latter surged by 0.07% to reach 61,237 in the morning. However, on Wednesday, S&P BSE Sensex dropped over 100 points while Nifty50 held on to the 18,000 levels. According to […]
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 have been 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. The […]
4 sectors Chakri Lokapriya is bullish on in near term
So despite all this weakness of yesterday of the Fed, I think IT looks strong, banking looks strong, and capital goods look strong. Consumer because of input prices are coming down and there is some amount of volume coming back in consumer discretionary, capital goods, and banking.
Hot Stocks: Brokerage views on Chola Investment, Havells India and ABB India
Macquarie has an outperform rating on ABB India, with a target price of Rs 3750. Growth across several segments and double-digit EBIT margins in most segments were seen in the March quarter. Jefferies retained a hold rating on Havells India with a target price of Rs 1335, citing that most positives appear priced-in at the […]
ETMarkets Fund Manager Talk: This smallcase manager sees opportunities in mid, smallcaps on attractive valuations
There is a lot of positive news flowing around our economy, while the economic indicators are also reflecting strength. The valuations in the broader markets are also comfortable.