Big movers on D-Street: What should investors do with L&T, Zomato and Ramco Cement?
Stocks that were in focus include names like L&T, which gained 2.21%, Zomato, which rose 2.75%, and Ramco Cement, whose shares jumped 3.23% on Friday.
Q1 results today: Adani Total Gas, Adani Wilmar among 95 companies to announce earnings on Monday
Apollo Pipes, ASK Automotive, Bharat Electronics, Colgate Palmolive, CSB Bank, Elnet Technologies, Fredun Pharmaceuticals, Ideaforge Technologies, Indian Bank, NDTV, Pfizer India, Whirlpool, Wonderla Holidays among others will announce their quarterly results.
India’s big bond funds argue that long-term rates are going down
India’s major bond fund managers foresee a prolonged decline in interest rates, driven by improved economic indicators and fiscal discipline. They are heavily investing in 30-year bonds, benefiting from increased foreign demand. Despite optimism, some experts remain cautious about the pace of rate cuts.
Asian shares rebound, hoping for dovish Fed guidance
After a benign June inflation report, markets are wagering the Federal Reserve will lay the groundwork for a September rate cut at its policy meeting on Wednesday. Futures are fully priced for a quarter-point easing and even imply a 12% chance of 50 basis points, and have 68 basis points of easing priced in by […]
Host of challenges ahead for private banks in Q2
Apart from the seasonal impact, heightened due to general elections and heat waves across the country that affected business activities, most private lenders saw a higher formation of fresh bad loans emanating from retail, especially personal loans and credit cards. Agriculture loans also contributed to some stress, according to post-results commentary by several banks.
Market not much enthused by Mankind’s BSV buy
After initially cheering the deal, the stock market gave its thumbs-down to Mankind acquiring BSV at the premium valuations of eight times its FY24 revenues and 23 times its estimated ebitda of FY25. The Mankind stock opened 4.5% higher on Friday but closed 3.6% lower. Worries over funding of expensive deal and taking of debt […]
Unlisted bonds likely to retain appeal despite tax changes
India’s unlisted bonds market has grown over the last five years, with issuances reaching ₹1.04 lakh crore between January and July 24, 2024, compared with ₹1.87 lakh crore for the entire year 2023, ₹1 lakh crore in 2022, and ₹64,000 crore in 2021, according to Prime Database.
Big tech earnings arrive with Nasdaq on brink of correction
In a week that also brings a Federal Reserve interest-rate decision, investors will focus primarily on results from Microsoft on Tuesday, followed by Meta Platforms, Apple and Amazon over the next two days.
Hot Stocks: 4 stocks that may give returns between 12-25%
A look at some of the stock recommendations by analysts of late. These stocks are expected to return between 12% and 25% as per analysts’ price targets.
Firm uptrend can take Nifty past 25,000 mark: Analysts
On the weekly chart, the index has formed a bullish candle with a lower shadow, indicating buying at lower supports. Nifty has experienced volatility previously and has found support from its 20-day moving average.