Centre to impose stock limits on tur and urad dal till October 31

The move has come after the price of tur and urad saw a sharp jump in prices this week. The prices of the two commodities have been high since early this year which has influenced prices of the entire pulses complex. Lower-than-expected arrivals coupled with good demand are keeping prices under pressure. The government has […]

Goldman Sachs sees RBI pausing again on June 8 review

Analysts at Goldman Sachs India in a report on Friday said the headline inflation will average 5.3 per cent this year, which is within the RBI target of 2 per cent plus or minus 4 per cent, even though they expect some risk to food inflation stemming from crop damages due to unseasonal rains.

Why D-Street mavens are confident of Sensex hitting ‘magical’ 1,00,000 mark

Experts including Chris Wood, Mark Mobius, Shankar Sharma, and Sandip Sabharwal predict that BSE Sensex could hit 100,000 within the next 4-5 years, taking into account the strong economic growth of India. Wood said that the 30-stock index reaching the 100,000 mark in 5 years was reasonable, and Mobius believes that the good companies in […]

Sales booster! Hero MotoCorp shares scale 8-month high

Shares of Hero MotoCorp, India’s largest two-wheeler maker, reached an eight-month high due to strong sales in May. The company’s total sales rose by nearly 7% YoY in May with over 1 million shares traded, way higher than the six-month average trading volume of more than 400,000 shares. However, despite positive sales, Hero MotoCorp’s stocks […]

Midcap party to continue: 5 reasons why & 10 stocks to bet on

India’s benchmark Nifty50 is expected to surpass its lifetime high of 18,887.60 it hit last December. Midcap stocks are also likely to see stronger momentum, benefiting investors. The Nifty midcap index saw a faster pace of retracement, approaching its all-time high. The recent consolidation has been aided by market breadth, with 60% of the stocks […]

​10 preferred mid & smallcap stocks from Motilal Oswal post Q4 earnings

​BSE mid and smallcap indices surged over 5% year-to-date amid strong Q4 earnings and persistent buying by FIIs. Amid this backdrop, domestic brokerage Motilal Oswal is bullish on financial, auto, and leisure & hospitality stocks. Motilal’s top picks include Ashok Leyland, Indian Hotels, Jubilant FoodWorks and Poonawalla Fincorp.​Here is a list of 10 top preferred […]