Trading Guide: Muthoot Finance among 2 stock picks for next session
Benchmark equity indices closed higher on Monday, led by banking, and financial stocks. The S&P BSE Sensex closed 0.5% higher at 64,112, while the NSE Nifty50 index ended above the 19,100 level.
How Welspun Living, Jindal Saw, Swan Energy look on charts for Tuesday
Sectorally, buying was seen in realty, telecom, energy, oil & gas, and banks while auto, consumer durables, FMCG, and metals stocks saw some selling pressure
Q2 Results on Tuesday: What to expect from Bharti Airtel, L&T?
Indian Oil Corporation, GAIL (India), Mankind Pharma, Jindal Steel & Power, Adani Total Gas, Star Health and Allied Insurance, Max Financial Services, Vedant Fashions, Motherson Sumi Wiring, and Ajanta Pharma, among others will also detail earnings on Tuesday
Mamaearth’s Rs 1,701-crore IPO to open on Tuesday. What GMP signals
Mamaearth has fixed a price band of Rs 308-324 per share for its IPO, which closes on November 2. At the upper end of the price band, the company is valued at Rs 10,425 crore and is planning to raise Rs 1,701 crore through the public offer.
Looking for right portfolio mix? Motilal Oswal Private Wealth suggests 50:50 equity-debt for meaningful wealth creation
A 50:50 equity-debt portfolio is said to have the potential to generate meaningful wealth creation in the long term, as the analysis demonstrated a 12% CAGR for this combination
Muthoot Finance arm Muthoot Microfin gets Sebi nod for Rs 1,350-cr IPO
The selling shareholders are Thomas Muthoot, Thomas John Muthoot, Thomas George Muthoot, Preethi John Muthoot, Remmy Thomas, and Nina George, who form a part of the promoter group. Besides them, Greater Specific Capital WIV will also be offering its shares.
Tech View: Pullback momentum may continue till Nifty holds 19,000-mark. What traders should do on Tuesday
The short-term trend of Nifty continues to be positive with rangebound action. The present upside bounce is expected to continue for the short term. The immediate hurdles to be watched are around 19,250 and the next 19,450 levels in the near term. Immediate support is at 19,050 levels, said Nagaraj Shetti of HDFC Securities.
Marico Q2 Results: Net profit rises 17% YoY to Rs 353 crore; firm to pay Rs 3 dividend
The Board has approved an interim dividend of Rs 3 per equity share of the financial year 2023-24 . The record date for reckoning the list of shareholders who will be entitled to receive the said interim dividend will be November 7. The said interim dividend will be paid to the shareholders on or before […]
Sanjiv Bhasin on 3 pedigree stocks that are must-haves in your portfolio
“Pedigree stocks with business outlook and transparency and forward-looking guidance will always trade perfect to prices and supersede those prices. So, for Maruti, 12,000 is very much on the card. For Nestle 27,000 is a possibility. And thirdly, there is Indian Hotels .If you want to participate in the India story with a slightly longer-term […]
Max Estates listed at Rs 298, stock hit 5% lower circuit
Max Estates had sold properties worth Rs 1,800 crore in its luxury housing project at Noida, Uttar Pradesh. With around one million sq ft of saleable area, Max Estates sold the project, Estate 128, at Rs 18,000 per sq ft, making it the costliest project in Noida.