Tech View: Nifty RSI gives bearish crossover. What should traders do on Thursday?
Nifty on Wednesday ended 22 points lower to form a Doji candle on the daily charts which indicates chances of a minor pullback rally.
JPMorgan sees foreign investors flocking to Indian stocks after elections
Rajiv Batra of JPMorgan Chase & Co, says global funds’ positioning in India’s $4.3 trillion stock market remains light and investors will use any correction as an opportunity to increase holdings. His views come as overseas flows have become more volatile ahead of the national vote amid concerns over stretched valuations.
Unfazed by manipulation concerns, SME IPOs continue to flourish with sound listings
SME IPOs show resilience post Sebi scrutiny. Mainboard IPOs face valuation challenges. Transparency and careful analysis recommended for SME investments.
Best equity mutual funds deliver up to 84% return in FY24. Do you own any?
We considered all equity categories such as large cap, mid cap, small cap, large & mid cap, flexi cap, focused fund, ELSS, multi cap, value, contra fund, and sectoral/thematic fund categories. We considered regular and growth option schemes. We calculated returns offered by equity mutual fund schemes during the financial year 2023-24. We calculated returns […]
Saurabh Mukherjea picks 3 new stocks for HNI investors in his PMS fund
Mukherjea said City Union Bank’s valuations are attractive at 1.1x FY25E P/B. Marcellus said that considering the bank’s stability and strong track record in the management team and its conservatism through multiple cycles in the past, the trend of consistent growth can continue in the future as well.
Technical Stock Pick: 30% rally in 3 months! This port stock could hit fresh 52-week highs in short term
The stock rose from Rs 149 as on 19th December 2023 to Rs 195 as on 18th March 2024 which translates into an upside of over 30% in the last 3 months.
Power demand to grow 8-9% in India, capacity will grow, but cost will fall from 2030: Praveer Sinha, Tata Power
Praveer Sinha discusses challenges in the power sector, emphasizing the upcoming reduction in power costs by 2027-2030. He underscores the crucial role of battery storage in the transition to clean energy for reliable 24×7 power availability. Sinha says energy transition is a big thing because it is the need of the hour with concerns about […]
As largest pure play green financier, what is the long-term road ahead for IREDA? Pradip Kumar Das answers
IREDA, led by Pradip Kumar Das, showcases significant growth in renewable energy. They focus on solar, alternative sources, and aim to explore new areas like pump storage and green hydrogen. Despite challenges in financing, their commitment to sustainable solutions remains strong. Das says: “As a responsible entity, we will continue to give our performance and […]
Bajaj Auto’s Rakesh Sharma on export recovery, EV launches & more
Rakesh Sharma of Bajaj Auto discusses exports progress, key markets, domestic growth, and EV strategies. Emphasizing Chetak and Pulsar brand success, aiming for top industry leadership amidst changing FAME subsidies and electric two-wheeler growth.
Isn’t Bitcoin better than Argentinian peso, wonders Uday Kotak
“When countries manage macro badly, savers move to protect the value of their savings. Traditionally it was gold. Now bitcoin too! While I am not convinced about bitcoin, would it not be better than the Argentinian peso with 276% inflation?,” Kotak said on X.