TCS shows early signs of project ramp ups but demand recovery may take more time
In addition, while the country’s largest IT exporter continued to bag fresh orders, the quantum of total contract value (TCV) was underwhelming when compared with the previous quarter.
Shark tank fame Namita Thapar shares an emotional Mirza Ghalib shayari post Emcure IPO’s robust listing
The robust listing met expectations, reflecting the company’s long-term potential. Analysts recommend that investors maintain their positions for promising future returns.
Tech View: Confused Nifty awaiting breakout on either side. Here’s how to trade on Friday
Despite fluctuations, the Nifty maintains an overall upward trajectory. A decisive move beyond 24,500 is projected to trigger further gains, potentially reaching 24,900 in the near future. The current support level stands at 24,150.
Earnings, Budget to drive market; risk-reward favours largecaps & midcaps vis-a-vis smallcaps: Shibani Sircar Kurian
Boost to overall infra space and the investment-led growth will possibly continue. ‘We will have to wait and see what allocations are made to specific industries and segments, which we will get to know shortly, and the second factor of course will be what happens in terms of rural as well as allocations to boost […]
D-Street’s cooling earnings momentum set to challenge stock rally
HDFC Bank Ltd. and Bank of Baroda Ltd. posted a sequential drop in credit growth, suggesting that lenders — who have the highest weighting in the index are struggling to keep up the rapid expansion seen in recent years.
For IT, FY25 may turn out to be almost a déjà vu of FY24: Ankur Rudra, JP Morgan
Ankur Rudra says FY25 is turning out to be almost a déjà vu of FY24. We will barely see any improvement across the sector. Last year, growth was, like you said, low to mid-single digits. This year growth will again be low to mid-single digits. FY26, at the moment the visibility is relatively weak.
Investors poured Rs 700 crore in Gold ETFs in June. Is it a good investment?
AMFI reports Rs 726.16 crore June inflow in gold ETFs, following Rs 827.43 crore in May and a Rs 395.69 crore April outflow. H1 2024 inflows total Rs 3,185 crore, with a 24% AUM rise. Global inflation, AUM surge drive appeal. LIC MF Gold ETF and oldest Nippon India ETF top performers, per Melvyn Santarita.
These 9 stocks held by over 100 MFs in June surge over 50% in FY25
When multiple mutual fund schemes invest in a specific stock, it typically boosts investor confidence in that stock. As of June 2024, over 100 mutual fund schemes held stakes in 150 stocks.
India Inc raises record $30 billion in 6 months, riding FPO wave
Indian companies have raised a record $29.5 billion in the equity market through IPOs & FPOs in the first half of 2024, more than double the amount raised last year. Follow-on public offers accounted for 85% of the total proceeds. Analysts anticipate a potential record year for equity issuances.
Paints stocks are a trading bet; be very stock-specific in pharma: Chakri Lokapriya
Chakri Lokapriya of RSB LLP discusses competition affecting paint stocks, HPCL, and BPCL facing deregulation challenges, and IT sector issues. Reliance’s Jio listing may unlock value. Yes Bank is risky despite Moody’s upgrade. Dr. Reddy’s OTC acquisition boosts earnings. Textiles, major earnings upgrades are uncertain. Glenmark and life sciences interest noted with OFS.