Smallcaps look set to erase losses sparked by Sebi’s froth warning
A nine-day rally in the Nifty Smallcap 250 index has put it on track to reclaim the level last seen on February 27 when Sebi’s warning caused the bulls to hit a bump.
Shipping stocks surge up to 12% led by multibagger Mazagon Dock
Cochin Shipyard also hit its 52-week high of Rs 1,062 on the NSE, gaining 8% in the intraday trade. Garden Reach Shipbuilders shares remained unbeaten over the past three sessions, extending gains to 18%.
Warren Harris on JV with BMW, FY25 hiring outlook & more
BMW JV focuses on automotive software, digitizing BMW’s enterprise, and scaling aerospace growth. Tata Tech anticipates significant employee recruitment, reinforcing its brand position globally.
Hot Stocks: Brokerage view on M&M Finance, Jubilant FoodWorks, Tata Technologies, TCS and HCL Tech
Nomura maintained a reduce rating on M&M Finance with a target of Rs 240. Disbursement growth moderated further while the business asset growth remained healthy.
F&O stocks to buy: M&M, LIC among top 9 trading ideas
On the weekly options front, the maximum Call OI is placed at 22,500 and then towards 22,800 strikes while the maximum Put OI is placed at 22,000 and then towards 22,300 strikes.
Big movers on D-Street: What should investors do with AB Capital, Aster DM and Vodafone Idea?
Here’s what Viral Chheda, Sr Technical Analyst, SSJ Finance & Securities, recommends investors should do with these stocks when the market resumes trading today.
For PSB employees, stock may be an option; decision on proposal likely after elections
The proposal to offer employee stock ownership plans or ESOPs, has been on the backburner for a while but it may advance after the Lok Sabha polls, said people familiar with the development. “There have been talks with government last month on issues pertaining to PSBs, including ESOPs,” abank executive said, adding that lenders will […]
Local MFs’ monthly equity bets at new peak
The domestic fund investment captures all equity investment including equity funds, balance funds, ETF’s, index funds and arbitrage funds. Domestic funds were net buyers of equities in 11 out of the past 12 months.
Oaktree invests Rs 1,600 crore in Sesa’s bonds
The funds are raised by mortgaging fixed and movable assets of Vedanta and Sesa Resources. The company has also pledged its entire shares as security against loans.
AB Capital stock could double in 3 years: Macquarie
The price target implies an upside potential of 14.4% from Tuesday’s closing. The stock hit ₹202 – the highest level since November 2017 – before closing at ₹201.05. Macquarie said the company is its top pick among NBFCs and has the potential to double in three years.