Stanley Lifestyles to double business in next four years; expand in major metros: CMD
Stanley Lifestyles, a luxury furniture maker, focuses on major metros and aims to double business by localizing raw material production through European joint ventures, reducing import dependency.
Consistent winners! 9 stocks gain at least 25% in last four quarters, turn multibaggers
Indian equities soar to all-time highs with Nifty breaking above 24,000 levels, supported by the private banking sector. Sectors like IT and healthcare offer growth opportunities, making a stock-specific approach advisable amidst the current market conditions.
Bond inclusion positive for banks; return of FII flows to benefit private banks: Pranav Gundlapalle, Sanford C Bernstein
Private sector banks, particularly HDFC Bank, are poised for growth and profitability. Indian bond inclusion may impact liquidity and interest rates, benefiting the banking sector. Public banks face challenges in profitability and growth compared to private counterparts. Regulatory actions in the NBFC sector may favor established players like Muthoot, says Pranav Gundlapalle.
Positive Breakout: LTIMindtree and 4 other stocks cross above their 200 DMA
As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
Hot Stocks: Brokerage view on Nuvama Wealth,Man Industries, Automotive ER&D, SRF and Bandhan Bank
InCred has a reduce rating for ER&D stocks Tata Tech and Tata Elxsi. Yes Securities suggests buying in Tech Mahindra, Indus Towers and Granules.
At multi-year highs: These 3 stocks witness 5-year swing high breakout
A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.
Technical Breakout Stocks: How to trade UltraTech Cement, Suven Pharma and Titagarh Rail Systems on Friday
The Indian market closed in the green for the fourth day in a row on Thursday to hit fresh record highs.The S&P BSE Sensex climbed above 79,000 for the first time to hit a record high of 79,396 while the Nifty50 rose above 24,000 mark to hit a record high of 24,087.
Asian shares eye five-month winning streak; yen buckles under dollar strength
Friday is packed with risk events for markets after a relatively subdued rest of the week, with U.S. Democratic President Joe Biden and his Republican rival Donald Trump set to take the stage at 0100 GMT for their first debate of the year ahead of November’s U.S. presidential elections.
Ujjivan SFB to work on key focus areas
The SFB entered new states in FY24, which is expected to support the loan book growth in the medium term. The analysts have trimmed the earnings expectations citing possibility of higher loan loss provisioning over the next two years.
Financial institutions strong, RBI watchful of emerging risks
RBI’s financial stability report underscores the importance of governance, Basel III norms compliance, and maintaining high CET1 ratios for banks. Monitoring GNPA ratios of public, private, and foreign banks essential for financial system stability and resilience.