Tech View: Drop below 19700 might encourage Nifty bears. What traders should do on Friday
On the derivative front, the strikes of 19,800 saw the highest addition of PE open interest and build-up. The trading day closed with an underperforming market breadth as only 24 out of the Nifty 50 stocks closed in the green, said Avdhut Bagkar Technical and Derivatives Analyst, StoxBox.
After robust H1, auto cos all set to shine in H2 as well; but which stocks should you bet on?
On the revenue front, Tata Motors led the growth in the four-wheeler segment, with its consolidated sales rising about 37% year-on-year (YoY) in the six months ended September (H1).
India plans to ask ONGC to consider rights issue to fund HPCL: Report
The comments come after India’s finance minister announced a plan this year to provide equity of 300 billion rupees ($3.6 billion) to help the big state oil refiners move towards cleaner energy
Fedbank Financial IPO sees tepid response; Flair Writing issue booked nearly 3x on Day 2
Fedbank Financial is one among five private bank-promoted NBFCs in India. It focuses on catering to the MSMEs and the emerging self-employed individuals sector.
Not all smallcaps are same; 3 best smallcap funds for investors: Feroze Azeez
“FIIs’ broader market interest has gone up dramatically. Second, it says that India has a reasonably large number of stocks in the capital markets, largest in the world, in fact. India cannot be represented by the top 100. The domestic guys have also had flows over the last few months.”
Chart Check: OFSS gives a breakout from a falling channel formation; could retest 52-week highs soon
Short term traders can look to buy the stock for a possible bounce back towards its September 2023 highs in the next 1-2 months, suggest experts.
We are focused on market share gain; almost 40% of our business comes from offline now: Honasa Consumer CFO
“In our balance sheet, if you exclude cash and if I have to analyze our performance in the first half, we are almost at 50% plus ROCEs. So it is a business where given the opportunity that exists, we will focus on ensuring that we continue to deliver market beating growth.”
Ashish Kacholia hits bull’s eye as 9 portfolio stocks zoom over 100% in FY24
There are nine stocks in Ashish Kacholia’s portfolio that have soared by more than 100% in just seven months, with the newly-listed SME stock Vasa Denticity turning out to be the best performer. Some of his largest bets include Safari Industries, Gravita India, Garware Hi-Tech Films and NIIT Learning Systems, shows data from ACE Equity.
India earnings growth to be in high teens; Santa Rally is coming, says Mark Matthews
“The appeal of India is the earnings growth and that is being driven in part by the strong economy but also the resilience of the banking sector after years and years of taking that painful medicine of writing down the non-performing assets is now in a place to lend. We have got a capex cycle […]
If Tata Tech lists at Rs 800-850, should one go ahead and buy it? This is what Dipan Mehta has to say
“Now that the US markets have stabilized as have the debt markets and inflation seems to be coming under control, one could expect better prospects for all the technology companies – Tata Technologies, Tata Elxsi, TCS. Companies like Trent and Titan have been outliers. Other companies per se have done badly in the same group, […]