RBI continues battle against inflation; all eyes on possible rate cut in 2024
RBI Governor Shaktikanta Das, who is into the last year of his second three-year term at the helm of the central bank, has been steadfast in highlighting the need to get the inflation down to 4 per cent on a durable basis.
Vijay Kedia portfolio: 10 stocks give multibagger returns in 2023
On a year-to-date basis, the top gainer in his Rs 1,500-crore portfolio is smallcap civil construction stock Om Infra which has rallied 271%.
FirstCry files IPO papers. SoftBank, M&M to sell stake
FirstCry IPO: Firstcry’s parent Brainbees Solutions will sell shares worth Rs 18.16 billion ($218 million) and existing investors, including SoftBank, will sell up to 54.4 million shares.
F&O stocks to buy today: Titan, LIC among top 4 trading ideas
Positive setup was seen in stocks like Aarti Ind, Hindalco, Bajaj Auto, UltraTech Cements, Grasim, Bank of Baroda, Voltas, Tata Consumer, Bharti Airtel, Eicher Motor, Tata Steel, Apollo Hospital, SBI, HDFC Bank and Trent.
Hot Stocks: Brokerage view on Lupin, Godrej Consumer, Aarti Industries and Bata India
Morgan Stanley maintained an overweight rating on Aarti Industries with a target price of Rs 575. Agrochemicals make up one-third of Aarti’s revenue.
Adani Ports receives ratings for planned bond issue
Rating agency ICRA has assigned AA+ rating for 100 billion rupees ($1.20 billion) of bonds of the company, while India Ratings and Research has assigned AA+ rating to bonds worth 50 billion rupees, according to ratings notes.
Big movers on D-Street: What should investors do with Vedanta, Hindalco and Piramal Enterprises?
Stocks that were in focus included names like Vedanta, which fell 3.32%, Hindalco, which jumped 4.25%, and PEL, whose shares gained 1% on Wednesday.
Azad Engineering listing date today: Check latest GMP and other details
The IPO of Azad Engineering received good response from investors with 80.6 times subscription at close. The category reserved for QIB was subscribed the most at 179 times, followed by NIIs at 87 times. The retail part received 23.7 times bids.
Analysts’ top small-cap picks for 2024 that can give returns up to 42%
These stocks are expected to return between 21% and 42% as per analysts’ price targets.
Investors reap high returns on dividend paying stocks in 2023
The difference of 21% in these returns has been the highest since 2007 according to the data from Bloomberg. TCS and ITC, each of which has 9% weight in the dividend index, recorded double digit returns of 16% and 36% respectively in 2023 while HCL Technologies with 5% weight gained 42%. NTPC, Coal India, and […]