Can Q4 earnings be a game changer for this beaten-down pack?

Indian metal stocks suffered a drop of nearly 15% in CY23, making it the second-worst performer after the Nifty Media. Despite many analysts and brokerage firms highlighting that the drop provided an excellent buying opportunity, there was enough negative sentiment to overshadow the positive news. Headwinds such as China’s slowing economy, the imposition of heavy […]

Mukesh Ambani’s Reliance has stock analysts most bullish in 7 years

The stock is down 3% so far in 2023 compared with a gain of 1.5% in the S&P BSE Sensex Index, hurt in part by a decline in crude prices. Thirty-three of the 38 analysts that cover the conglomerate have buy ratings, with many citing attractive valuations as well as optimism for its various oil-related, […]

Sensex just 2.5% shy of lifetime high! 5 reasons why bulls are charged up

The S&P BSE Sensex breached the psychological 62,000 mark on Tuesday, just 2.5% away from the December 2022 all-time high. Chief Investment Strategist at Geojit Financial Services VK Vijayakumar warned investors on the valuation front, saying that the upside to the market was likely to be capped despite the momentum being with the bulls.

LIC’s Rs 10 lakh crore-portfolio: 273 stocks, 11 stars, but only 1 superstar!

Life Insurance Corporation of India (LIC) has 273 listed stocks in its portfolio worth INR 10tn ($133bn). Its largest holding is Reliance Industries, but its biggest returns so far this year have come from tobacco and consumer goods company ITC, which has risen by almost 30%. Tech consultancy TCS is LIC’s third largest holding, followed […]

Financial assets will continue on their road higher: Mark Matthews

Well, the dollar has been the world’s reserve currency for many decades and yet during those decades it is not been a one way street. It is gone up and down like a yo-yo so I do not think the reserve currency status of the dollar, by definition, determines where it is going to go.

Stocks to buy today: 10 short-term trading ideas by experts

Indian equity markets saw an increase led by banks and auto stocks, with the S&P BSE Sensex up 0.30% and the broader Nifty50 up 0.31% in early trading. However, the IT sector recorded a drop and Nifty PSU Bank fell 0.82%. Dharmesh Shah from ICICI Securities recommended buying Reliance Industries and IDFC First Bank, amongst […]