Tata Motors, Tilaknagar Industries among 8 stocks that are near the buy point
MarketSmith has a positive view on some stocks that it believes are near their buy points.
India should not agree to free cross-border data flows under FTA with UK: GTRI
The Global Trade Research Initiative (GTRI) said this FTA marks a transformative shift in India’s approach to trade, moving its focus from the east to the west, and broadening its scope to include non-trade matters such as environment, labour, gender, digital trade, and data governance.
Maruti to pay Rs 12,841 crore in stock to Suzuki for local plant
The decision was taken in a meeting held today. MSIL will pay for 100% equity of Suzuki Motor Corporation by alloting approximately 12.32 crore equity shares of the company at a price of Rs 10,420.85 per equity share, on a preferential basis, the filing said.
Ceat shares jump 11% after company’s Q2 earnings beats Street’s estimates
On a consolidated basis, the company’s revenue closed at Rs 3,053 crore while EBITDA margin stood at 15.1% which was an expansion of 202 bps versus Q1FY23-24.
Hot Stocks: Brokerages view on HDFC Bank, Deepak Nitrite, Federal Bank and Dalmia Bharat
Jefferies maintained a buy rating on HDFC Bank with a target price of Rs 2030. Higher liquidity buffers drag margins, but it will improve from Q4 onwards.
Stocks to buy today: ITC, IGL among top 10 trading ideas
India VIX was up by 4.24% from 10.61 to 11.07 levels on Monday. Volatility slightly moved up after the cool-off in the last four sessions and brought some discomfort to the bulls in the market.
Golden Crossovers: Sical Logistics among 3 stocks signaling further bullishness
Positive Breakout: Sheela Foam and 3 other stocks cross above their 200 DMA
Big movers on D-Street: What should investors do with DMart, Delta Corp and SpiceJet?
Stocks that were in focus include names like DMart, which declined 1.8%, Delta Corp, which fell 8%, and SpiceJet, whose shares dropped 8.51% on Monday.
Karur Vysya net profit up 51% on lower provisions
Net interest income rose 11.5% at 915 crore. Its gross non-performing assets ratio improved to 1.73% at the end of September from 4.02% a year ago. Net NPA was 0.47% against 1.38%. Provision coverage ratio was at 94.49% as against 86.94% earlier.