Top investment ideas! 6 midcap stocks that can rally up to 22%
Despite global concerns, the domestic market structure remains positive on the back of healthy macro data, strong earnings, and recent FIIs buying. According to Motilal Oswal, at least 6 midcap stocks can rally up to 22%.
Q4 results today: What to expect from Lupin, Apollo Tyres and Westlife Foodworld
Lupin, Apollo Tyres, Westlife, Raymond and Nazara are set to release their Q4 results on Tuesday. Lupin is expected to report a profit of Rs 233 crore, down from the last quarter but considerably better than the loss of Rs 518 crore reported last year. Apollo Tyres is expected to see its profit more than […]
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 […]
ETMarkets Fund Manager Talk: For this Rs 5,500 crore fund manager, 2023 will be year of stock accumulation
Over the last 12-18 months, given the sideways trajectory of the benchmark indices, India’s absolute as well as relative (to other emerging markets) valuations have come off. This, in our view, should provide some stability to the markets.
ETMarkets Smart Talk: We use Artificial Intelligence & ML system to pick stocks from 25000 securities globally for portfolio: Devina Mehra
Crude has corrected substantially from the 2022 highs and since that determines the prices of a lot of downstream products, it can provide a cushion both to the economy, as well as to corporate earnings.
Occidental begins buying back Warren Buffett’s $10 billion in preferred stock
Separately, Buffett’s firm owns a 24% stake in Occidental common stock and is the company’s largest shareholder, according to data compiled by Bloomberg. Berkshire is willing to buy more Occidental common stock, Buffett said at its shareholder meeting in Omaha this month. However, he ruled out buying the oil producer outright.
Big Movers on D-St: What should investors do with Equitas Small Finance Bank, L&T Finance Holdings and DLF?
The Indian market rose by more than 1% on Monday with S&P BSE Sensex adding over 700 points and Nifty50 closing above 18,200 levels. The auto, realty, banks, and IT stocks witnessed a rally, while consumer durables faced selling. Equitas Small Finance Bank, L&T Finance Holdings, and DLF were some of the stocks in focus. […]
Gold eases as investors brace for US inflation data
Gold prices in Asia declined slightly as investors remain cautious ahead of the U.S. inflation data to be released on Wednesday. Spot gold decreased by 0.1% at $2,020.22 per ounce and U.S. gold futures were down by 0.3% at $2,027.10.
SC says NCLAT right to reject Appu Hotels’ resolution plan
The National Company Law Appellate Tribunal (NCLAT) rejected Rajagopal’s Rs 423-crore plan on the grounds that it was revised after a majority of lenders voted on it, but the revised plan was not put before lenders for a vote.
Invesco slashes Swiggy’s valuation by 33% to $5.5 billion
This is the second time Invesco has cut down its valuation in the food delivery firm. We reported last month that Invesco had marked down its investment in food delivery firm Swiggy by 23%.