Vedanta, 2 Adani stocks among top 10 largecaps that MFs bought in August
Here’s a look at the top 10 largecap stocks that mutual fund houses bought in August.
Chart Check: 30% rally in a month! What should investors do with this stock from construction space?
IRB Infrastructure stock rose from Rs 26 as on 11 August 2023 to Rs 34.10 recorded on 11 September 2023 which translates into an upside of about 30% in a month.
Tesla got an $80 billion boost from analyst call. Not everyone buys it
Meanwhile, Tesla is still working on developing a software that will make its cars truly self-driving, though experts and analysts see a broad adoption of fully autonomous cars as still years, if not decades, away. Jonas had lowered his estimate for Tesla Mobility, the carmaker’s ride sharing/robo-taxi business, by about 82% by mid-2019.
RR Kabel IPO opens for subscription. Should you bid?
The IPO comprises a fresh issue size of Rs 180 crore, which has been reduced from Rs 225 crore earlier. The issue also includes an offer for sale (OFS) segment of up to 1.72 crore equity shares. Overall, the firm looks to raise Rs 1,964 crore.
Hot Stocks: Brokerage view on Tata Chemical, M&M, HDFC Bank and SBI Life
The global investment bank believes that this could be temporary and soon normalise. Tata Chemical capacity expansions in India, the US, and Kenya over the next years should support growth. However, China’s capacities remain a risk
Positive Breakout: Honeywell Automation and 3 other stocks cross above their 200 DMA
At multi-year highs: L&T among 3 stocks that saw 5-year swing high breakout
Big movers on D-Street: What should investors do with L&T, Cochin Shipyard and BEML?
Stocks that were in focus included names like L&T, which rose 1.88%, Cochin Shipyard, which fell 10.8%, and BEML, whose shares declined 10.61% on Tuesday.
F&O Ban: National Aluminium, Chambal Fertilizers among 10 stocks under ban on Wednesday
The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.
Investors with risk on their mind bail out of favourites
Among defence stocks Bharat Electronics, Hindustan Aeronautics, Bharat Dynamics, and Garden Reach Shipbuilders & Engineers declined 3 -9%. In the Railways sector, RailTel Corporation of India, Rites and Rail Vikas Nigam dropped 9-11%.