Manufacturing, private capex and exports are drivers of corporate earnings over medium term: Saion Mukherjee, Nomura
Saion Mukherjee says: “As we see traction in manufacturing, our expectation is that we will also see a very strong pickup in private capex. So manufacturing, private capex, exports, would be the drivers of corporate earnings over the medium term. Of course, this would have a ruboff effect on consumption as we go forward.”
Boeing shares slide 8% in Frankfurt, US pre-market after MAX 9 groundings
A piece of fuselage tore off an Alaska Airlines jet on Friday following takeoff from Portland, Oregon, forcing pilots to turn back. Jefferies said in a note that the latest Boeing incident could slow aircraft production if manufacturing and installation processes are subject to further regulatory probes.
J&K Bank confident of meeting guidance of 5% gross NPA; net NPA already below 1%: MD
Baldev Prakash says: Asset quality has been the biggest success story of the bank. If you see the numbers in the last two years, one-and-a-half years, you will see that consistently on a quarter-on-quarter basis, we have not only achieved our guidance, but surpassed that. As of today, we are already below 5% and our […]
Indian stocks get first ETF in Gulf Region as UAE deepens ties
Lunate Capital LLC is launching the Chimera S&P India Shariah ETF, replicating the performance of the S&P India Shariah Liquid 35/20 Capped Index. The fund will track the performance of Shariah-compliant Indian equities listed on the Bombay Stock Exchange.
Tech picks: Trident, APL Apollo among 4 stocks to buy for returns of up to 27%
In the coming week, equities will take cues from quarterly earnings besides any domestic and global macro data.
Technical Stock Pick: 20% rally in 3 months! Buy this PSU stock on dips for a target above Rs 500 in next 3-4 weeks
The PSU Bank rose from Rs 371 on 5th October 2023 to Rs 461 recorded on 5th January 2024 which translates into an upside of over 24% in 3 months.
Titan Company shares hit 52-week high on Q3 updates
With a return of over 50% in the past 12 months, Titan shares have outperformed the Nifty which has delivered nearly 20% returns during this period.
Hot Stocks: Brokerage views on Marico, GCPL and Titan
Morgan Stanley has maintained an Equal weight’ stance on the Marico stock for a price target of Rs 553. In a note it said that the environment of no to low top-line growth persists which is a constraint on profitability in the general trade channel and remains an overhang for the FMCG sector as a […]
Stocks in news: Titan, Marico, Bajaj Auto, Adani Wilmar, Tata Steel
Consumer discretionary major Titan Co saw 22% revenue growth for the third quarter ended December. The growth was broad-based as most of the segments put up a healthy performance during the quarter.
F&O stocks to buy today: 7 short-term trading ideas by experts
“Overall we expect markets to remain in a positive range. Stock-specific action will gather pace with the start of the earning season,” said Siddhartha Khemka, Head – Retail Research, Motilal Oswal.