Trent, Bharat Electronics likely to replace LTI Mindtree and Divi’s Lab in Nifty: Nuvama
The possible changes would lead to an inflow of Rs 3,500 crore into Trent and Rs 3,000 crore into Bharat Electronics, the brokerage said.
Volume Shocker: MFs lap up over 1 crore share of these 6 stocks in April
Nearly 34 stocks saw a rise of more than 1 crore shares in April.
These 10 mutual funds together held over Rs 1 lakh crore cash in April
Around 42 mutual funds were sitting on Rs 1.36 lakh crore cash in April, according to data by ACE MF.
Tech View: Nifty forms High Wave candle. What should traders do on Saturday
After recouping losses of previous week, Nifty is now targeting to reclaim the lifetime high zone. The short-term trend of Nifty is positive and the next upside levels to be watched are around 22,700-22,800 levels.
Wipe out! Sebi-hit SME superstar stock is now down 88% from peak in just 8 months
Varanium Cloud, entangled in Sebi’s scrutiny, experienced a drastic decline in its valuation from its peak in October last year. The stock, which hit a 52-week high of 239.5 in October 2023, plummeted to Rs 29.3 in the latest trade, marking a staggering 87% decline.
Silver prices may hit Rs 1 lakh milestone in a year on solar, EV boost
The demand for silver is on the rise, driven by fast-growing industries like solar panels and electric vehicles. Analysts predict a surge in silver prices, with some projecting it to reach Rs 1 lakh per kg within a year. Factors such as bullish sentiments in emerging markets, increased investment in clean energy, and optimism regarding […]
Motherson Sumi Wiring capacity to go up 10% as two new plants get operational in Q1: Management
Anurag Gahlot, CFO of Motherson Sumi Wiring, projects significant market growth for FY25 supported by factors such as Maruti Suzuki and Tata Motors’ capacity expansions, India’s low car penetration, and the growing Indian middle class. Additionally, the expansion of road infrastructure in India presents opportunities for OEMs and customers.
Markets moving away from consumption themes to investment themes: Manish Sonthalia
But otherwise, automobiles, banks, pharmaceuticals, capital goods they have all delivered on numbers. Metals and oil and gas was again supposed to be muted. So, I think all in all, the expectation of the result season from where we began the earnings season was a 5% to 6% earnings growth for this quarter.
Hot Stocks: Brokerage view on Biocon, Info Edge, LIC Housing; Jefferies upgrades M&M
JPMorgan retains overweight rating on LIC Housing Finance, Nomura favors buy rating on Info Edge, BofA Securities suggests buying Biocon, and Jefferies upgrades M&M to buy.
Sanjiv Bajaj on right way to go in getting health insurance, rising premia & more
Sanjiv Bajaj elaborates on the factors contributing to premium increases, including health inflation and GST. He also provides insights on the health insurance porting process, emphasizing the importance of policy porting and health declarations.