Tech View: Nifty faces key hurdle at 20-EMA. What traders should do on Friday
Nifty on Thursday ended 173 points higher to test the immediate hurdle of short-term moving average i.e. 20-EMA, but it couldn’t surpass it amid weekly expiry.
Akasa can do in three years what other carriers have spent 15-20 years doing: Vinay Dube
Vinay Dube of Akasa Air envisions rapid international growth, leveraging India’s potential for global travel. The airline aims to achieve in three years what others took 15-20 years, focusing on profitability and customer satisfaction in expanding its network. He also points that Akasa is the first airline to fly internationally within 19 months of launch […]
Best quarter in 14 years: Block trades raise $7.1 bn as Tata, BAT cash in
Shareholders have raised $7.1 billion selling their holdings in India so far this year, with the quarter on track to have raised the most from block trades since the January to March period in 2010, data compiled by Bloomberg show.
Hot Stocks: Brokerages say on Bharti Airtel, DMart, MGL, Cummins, Bajaj Finance and IRB Infra
Jefferies, HSBC, BofA, CLSA, and Kotak Securities offer buy views on Bharti Airtel, MGL, Cummins, Bajaj Finance, Avenue Supermarts, and IRB Infrastructure, respectively. Various targets set for each stock.
ETMarkets Smart Talk: Global semiconductor sector likely to reach a trillion-dollar industry by 2030: Anil Rego
Anil Rego foresees the semiconductor industry becoming a trillion-dollar sector by 2030, driven by automotive, data storage, and wireless industries. He recommends focusing on high-quality stocks in banking, auto & ancillaries, and building materials segments for incremental earnings. He also says risks are currently exogenous such as global slowdown and geopolitical uncertainty..
Big movers on D-Street: What should investors do with LIC, Zomato and Bharti Airtel?
Stocks that were in focus included names like LIC, which fell 1.21%, Zomato, which jumped 5%, and Bharti Airtel, whose shares rose 0.26% on Wednesday.
Ebbing tide reveals stocks with potential upside of up to 60%
These companies are tracked by at least 10 analysts. Ujjivan Bank, Bandhan Bank, PSP Projects, Vedant Fashions, PNB Housing Finance, Prince Pipes & Fittings, Transport Corp, Greenpanel Industries, Galaxy Surfactants, and Somany Ceramics, could return at least 25%, according to average price targets on Bloomberg.
Brokers back small and mid-cap stocks on high earnings outlook
Motilal Oswal Asset Management said in a note that the valuation premium that mid-cap and small-cap indices held over Nifty has halved to 14% for both against 24% and 29%, respectively.
TVS, Dabur promoters, HNIs to back Khemani’s Rs 5,000-crore PIPE fund
Existing investors such as the promoter family offices of TVS Capital, Ajanta Pharma, Pidilite, Dalmia and Dabur are likely to invest in this Category-III Alternative Investment Fund (AIF), said people in the know. The private investment in public equity (PIPE) fund has already received commitments worth ₹500 crore, they said.
It’s hard to be in India and not be excited: Jefferies CEO Richard Handler
On his 1st India trip Handler talks about being the challenger on Wall St and why he’s so upbeat about the franchise’s prospects here in an exclusive interaction