LIC portfolio: Stocks that the India bull bought & sold this summer
Market data shows LIC ownership went up in at least 40 stocks and trimmed holdings in 75 other counters. LIC’s stake rose 409 bps in fertiliser-maker Kothari Industrial Corporation, 301 bps in Tata Chemicals, 240 bps in SAIL, 173 bps in Bata India and 164 bps in IEX.
Losing Sheen! Why metal stocks have fallen up to 3% today
The top losers in the day’s trade were National Aluminium Company (3%), Jindal Stainless (2.6%) and Tata Steel (2.6%). Both National Aluminium and Jindal Stainless hit their 52-week highs on Monday.
10 Indian stocks that match Peter Lynch’s investment style
MarketSmith has created a custom screen based on Lynch’s investment style, which identifies securities that are trading for below-average prices on a PE or PEG basis and are not already widely owned by institutions.
Chart Check: Oberoi Realty gives breakout from rounding bottom pattern; time to buy?
In terms of price action, the stock is trading below the 5-DMA but above 10,20,30,50,100, and 200-DMA on the daily charts, which is a positive sign for the bulls.
Is PVR Inox’s story compelling enough for investors to buy stock?
CLSA has maintained a ‘Buy’ on PVR Inox shares, estimating a 28% upside for the stock over Tuesday’s closing price. The brokerage said PVR’s Q1FY24 EBITDA was up 34% quarter-on-quarter and was ahead of its estimates though expenses were up on account of escalation in movie exhibition cost.
At multi-year highs: DRL among 7 stocks that saw 5-year swing high breakout
A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond.
Stocks to buy or sell today: 4 short term trading ideas by experts
On the weekly front, the maximum Call OI is placed at 19800 and then towards 20000 strikes while the maximum Put OI is placed at 19600 and then towards 19700 strikes.
Big Movers on D-Street: What should investors do with Hero MotoCorp, Power Grid and IDBI Bank?
Stocks that were in focus include names like Hero MotoCorp, which was down 3.24%, Power Grid which fell 5.17%, and IDBI Bank, whose shares gained 8.5% on Tuesday.
Golden Crossovers: Adani Ports among 5 stocks signal further bullishness
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.
ETMarkets Smart Talk- We see more value in large caps at this juncture from a 1–2-year perspective: Ashutosh Tiwari
India has seen massive FII inflows from March to till date July of almost US$ 19.2bn vs net outflow of US$ 3.4bn in Jan-Feb and outflow of US$ 18.4bn in CY22.