India’s earnings proving much more resilient and robust versus other EMs: Manish Gunwani
I think a lot of it has to do to my mind with two or three things. One is your external account situation obviously has gone through a sea change because energy prices are down, service exports have done well. The dollar itself has weakened.
Hot Stocks: Brokerages view on Ashok Leyland, Dixon Technologies and Godrej Consumer
JPMorgan retained Ashok Leyland as overweight with a target price of Rs 175 as the company reported yet another quarter of margin beat, and the management commentary on future market share, demand, and discounting trends will be essential. Goldman Sachs stayed neutral with a target price of Rs 3370 on Dixon Technologies after seeing the […]
At multi-year highs: TVS Motor, AU SFB among 6 stocks that gave 5-year breakouts
In the NSE list of stocks with a market cap of over Rs 10,000 crore, six stocks crossed their previous 5-year high value at the close on May 23, suggesting bullishness in counters, according to stockedge.com’s technical scan data. Take a look.
Stocks to buy today: 8 short term trading ideas by experts
Indian market is set to consolidate, following sluggish global signals. S&P BSE Sensex & Nifty50 demonstrated negligible growth with a positive bent on Tuesday. India VIX inclined from 12.57 to 12.60 on Tuesday but still considered to have stable volatility. According to Chandan Taparia of Motilal Oswal Financial Services Ltd, “options data” indicate trading ranging […]
3 stocks Rahul Shah is bullish on from capital goods sector
But one more important thing to note is that because of the fall in the commodity prices, there could be a margin expansion from coming quarters and this will lead into growth.
Positive Breakout: M&M among 9 stocks that crossed their 200 DMAs
In the NSE list of stocks with a market cap of over Rs 10,000 crore, nine stock prices crossed above their 200 DMAs (Daily Moving Averages) on May 23, 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. […]
ETMarkets Smart Talk: With cost of money expected to go down, FIIs will prefer India: Srikanth Subramanian
Mid-caps and small caps have outperformed the most, followed by the Nifty50 index. But what has been a constant pattern in the last 18 months has been profit booking at the end of these quickly spurted rallies, taking markets down again.
How companies can protect themselves from cyber attacks? Saket Modi answers
In today’s day and age, you have businesses which are reinventing themselves with technology as the heart and soul of what they are doing irrespective of the industry you are in.
Big Movers: What should investors do with Adani Enterprises, IOC and Balkrishna Industries?
The Indian market closed flat but positive on Tuesday for the third consecutive day. Sectorally, utility, power, oil and gas, and energy stocks witnessed buying, while capital goods, IT, and realty stocks saw selling. Adani Enterprises surged over 13%, India Oil Corporation hit a 52-week high, and Balkrishna Industries rose over 5% on Tuesday. Viral […]
World’s richest man loses $11 billion after LVMH stock rout
World’s richest man, Bernard Arnault, lost around $11.2 billion from his fortune in one day due to the softening of the US economy, which is likely to dampen luxury goods demand. The investor of LVMH, offering brands such as Louis Vuitton, Moet & Chandon, and Christian Dior, experienced a 5% fall in LVMH shares in […]