Growth versus value stocks: Where to take fresh positions
“In infrastructure, I would look at companies that are able to manage their cash flows better and even a company like Mazagon Dock has amazing cash flow management for what is otherwise a government company. They have net cash on their balance sheet because they get paid in advance. Some of those aspects matter more.”
Nifty Bank ends over 200 points lower ahead of weekly expiry. Key levels to track
Nifty Bank on Tuesday ended 217 points lower but closed above 47,000 level ahead of the US CPI data on Tuesday and Fed meeting outcome on Wednesday as profit booking, which began in the previous trading session, continued
Tech View: Nifty forms a bearish engulfing pattern on daily charts. What traders should do on Wednesday
The near-term uptrend of Nifty is still intact and the market seems to have shifted into minor profit booking mode as per a smaller time frame chart. A move below 20,850 could slide Nifty towards another support of 20,700 levels (10-day EMA), said Nagaraj Shetti of HDFC Securities.
Shriram Finance may enter Nifty; Canara Bank could replace Bandhan in Nifty Bank
Shriram Finance, which has a market cap of Rs 75,215.33 crore, has surged nearly 50% over the last 12 months as against the 23% drop seen in UPL share price during this period. In the meantime, the returns by Nifty have been 13%
Enigma: Why is rupee falling even as Sensex surges
The rupee reached a new low against the dollar while the sensex hit new all-time highs. This anomaly occurred as the rupee breached 83.39 for the first time on the day the sensex closed at a new high. The surge in domestic investors and the decoupling of the rupee-dollar from other currency pairs have contributed […]
8 private bank stocks that are below sector PE levels can rally up to 24%
According to Trendlyne data, IndusInd Bank, Karnataka Bank, Karur Vysya Bank and Federal Bank are among the private sector bank stocks trading at lower PE compared to their sector PE.
Tata Tech, Flair Writing among 6 companies that will see lock-in expiry in next 1 month
A total of 19 companies including Flair Writing, Tata Technologies, JSW Infra among others will see their pre-listing shareholder lock-ins lifted in the next one month.
Desperate retail investors drive India’s options craze
The Securities and Exchange Board of India’s crackdown on social-media influencers peddling advice is a losing battle. Although nine out of 10 individual traders are losing money, retail investors can’t get enough of derivatives. A smartphone-led gamification of investing is complete.
22 multicap PMS funds give double-digit returns of up to 24% in a month; outperform smallcaps
Credent Asset Management’s Growth Portfolio multicap strategy topped the list, giving 24.3% returns in a month, according to data shared by PMS Bazaar.
Hot Stocks: Brokerages view on Infosys, Dr Reddy’s Laboratories, Godrej Consumer and ITC
JPMorgan maintained an underweight rating on Dr Reddy’s Laboratories with a target price of Rs 4610. Form 483 observations are likely to result in an overhang, it said.