Outperformance of private sector banks may continue for next one year: Sandip Sabharwal
The smaller pharma companies I find it tough to evaluate, so many of them can potentially do well but I do not have the bandwidth to go molecule by molecule and evaluate those companies. But I think Sun Pharma is a decent business model, so we are just holding it for the long term.
F&O stocks to buy today: RIL, Escorts among top 10 trading ideas
Indian market to trade lower with Nifty at 23460 levels. Chandan Taparia from Motilal Oswal Financial Services Limited provides F&O Strategy and expert stock recommendations with targets and stop loss levels.
NCLT approves Raymond group entities’ strategic demerger, amalgamation
The National Company Law Tribunal (NCLT) has approved Raymond’s composite scheme of arrangement and restructuring, involving the demerger of its lifestyle business and the amalgamation of its consumer trading arm. The approval paves the way for a focused and streamlined corporate structure, separating Raymond Ltd and Raymond Lifestyle, with the integration of Ray Global Consumer […]
Tech View: Nifty likely to trade in a range
Nifty’s trajectory remains uncertain, influenced by sector rotation and FIIs’ activities. Investors should focus on specific stocks and sectors for trading opportunities to capitalize on market movements.
Hinduja rejigs fundraise plan for Reliance Capital deal
Hinduja Group, the winning bidder for Reliance Capital, is reworking its fundraising plan to raise ₹7,500 crore from domestic and overseas private credit funds at 15%. The Reserve Bank of India seized control of Anil Ambani-owned Reliance Capital due to governance concerns. Nageswara Rao Y was appointed as the administrator.
Oil & gas, construction and IT head FPI sell list; realty gets most inflows
Overseas investors, FPIs, NSDL data show ₹12,519 crore sold in 11 sectors between June 1-15. Oil & gas, construction, IT, metals & mining saw money shift. Oil & gas had largest selling at ₹3,683 crore in June’s first fortnight.
Stocks in news: Adani Ports, Cipla, Prestige Estates, MCX, Lupin
Positive growth in domestic markets for the third consecutive week with a focus on Adani Ports, Cipla, Prestige Estates, MCX, Lupin. Updates on Thomas Cook India, SAIL, Wipro, Prestige Estates, Lupin, Cipla, MCX, TVS Motor, CSC Grameen eStores.