ONDC a threat to Zomato only if it scales up meaningfully, says Motilal Oswal
Motilal Oswal has reiterated a “Buy” rating on Zomato stock, claiming it has found “no evidence” of an adverse impact from the Open Network for Digital Commerce (ONDC) on the food delivery app. BofA Securities has taken a more cautious “Neutral” stance, setting a price target of INR72 ($0.96). Though warning ONDC could become a […]
Commodity Talk: Gold’s appeal as safe haven to remain intact over long term, says Prathamesh Mallya of Angel One
The prospects for gold remain bright as rising interest rates in the US has resulted in a banking crisis in the US and a probable recession which might lead the investors to further increase their investments in gold and further appreciation in gold prices.
2 top stock recommendations from Shilpa Rout
Aarti Industries has a strong support at around 495-498 zones. So wait for the dip to happen a bit more and buy around 500 and look for targets of 550 again from here. It has bounced back many times from those levels.
HDFC Bank to lead the rally going forward in banking sector: Dinshaw Irani
HDFC Bank is one of our favourites. Probably that is the only bank which we have been holding from the day we started our fund, which is Helios Fund in 2005 itself.
$1.7 bn-bet! FII dollars chased these 5 sectors in April, will the trend last?
Foreign institutional investors (FIIs) have increased their purchases of shares in India, leading to a revival of the Indian stock market and making it one of the best performing emerging markets. In April alone, FIIs purchased INR11,630 crore ($1.7bn) of shares, compared with INR7,935 crore the previous month. This was based on a series of […]
Both our net debt free companies will enable us to drive growth at an aggressive pace.: Amit Agarwal, Raymond
However, the base at the lifestyle business is already quite large so that is one on the growth path. Second thing, you see the whole corporatization value and you see that an investor of what we had today was in the Raymond Limited you had both the businesses of lifestyle and real estate. Now both […]
Q4 Results Today: What to expect from L&T, Dr Reddy’s, Godrej Consumer
Several Indian companies, including Larsen & Toubro, Godrej Consumer Products, and Dr Reddy’s Laboratories, are expected to record double-digit growth in their topline and bottomline figures for the March quarter due to healthy execution and strong order books. L&T’s core engineering business is expected to drive the topline with a healthy opening order book. Meanwhile, […]
6 high-risk, high-return stock ideas from Hemang Jani
For those who are playing a momentum game surely it makes sense to participate because when the stock reaches a certain high level, low floating stock, that is a classic case for momentum players, surely they should participate.
ETMarkets Fund Manager Talk: Eyeing consistent returns in your portfolio? This PMS manager recommends “QVG” strategy
Domestically, high frequency data seems to indicate continuing pick up in industrial activity. Markets expect rising gross margins for consumption-oriented companies from Q1 FY24 onwards, thanks to moderating inflation data.
ETMarkets Smart Talk: 2023 will be a very topsy-turvy year with plenty of trading opportunities: R Venkataraman
2023 will be a very topsy-turvy year with plenty of trading opportunities but also an excellent year for long term investors who are looking for sharp market dips to build positions in strong companies.