Hyundai India GMP down to just 3% over issue price as IPO opens tomorrow
Hyundai IPO GMP Today: Hyundai India’s IPO opens tomorrow with shares trading at a 3% premium over the issue price in the grey market. The automaker’s parent, Hyundai Motor Global, will offload 17% stake. Despite a lower GMP, Hyundai aims to use proceeds for innovation and R&D.
2 top stock recommendations from Aditya Arora
If I had to talk about the lower levels in both the indices, then I am expecting 49,000 to 50,000 in next one month on Bank Nifty and 24,000 on Nifty.
Tech picks: HAL, Tata Chemicals among 4 stocks to buy for healthy returns in short term
Domestic markets exhibited a mixed trend and ended with a negative bias last week. Analysts said the market is currently in a phase of consolidation due to premium valuations and a subdued outlook for Q2 results. In this setup, here are 4 stocks to buy in short term for up to 13% return.
L&T shares jump 2% as JP Morgan initiates coverage, predicts 25% upside potential
L&T’s shares rose 2% to Rs 3,555 after JP Morgan gave an ‘overweight’ rating and set a target price of Rs 4,360. JP Morgan believes L&T is well-positioned for growth in India and the Middle East. The company reported strong earnings growth and an increase in revenue in Q1 FY24.
HAL shares jump 2% on receiving ‘Maharatna’ status
HAL Share Price: The Finance Minister has approved Hindustan Aeronautics Limited’s upgrade to Maharatna CPSE status, granting it increased operational and financial autonomy. This milestone boosts HAL’s role in India’s industrial growth, reflecting its strong financial performance with a turnover of Rs 28,162 crore and a net profit of Rs 7,595 crore for FY 2023-24.
Is ‘Buy China, Sell India’ trade tactical or long-term? Amar Ambani explains
While arguing that the China trade is a tactical one and not a long term one, India with its high growth trajectory has attracted its fair share of global capital, amid China’s buoyancy.
ETMarkets Smart Talk | Defence, telecom, and tier 2 companies: Key investment bets from green portfolio
It was about time we witnessed a material correction. The last one we witnessed was when Japan raised interest rates, and the yen carry trade was presumed to be under threat.
How to trade RIL on results day and 3 stock ideas of the week from Rupak De of LKP Securities
The craze for Bank Nifty weekly options might be dampened once the NSE discontinues weekly contracts for Bank Nifty, Nifty Midcap, and Nifty Financial Services indices.
F&O Ban List: SAIL, PNB among 9 stocks under trade ban on Monday
Nine stocks including Chambal Fertilizers, GNFC, and Hindustan Copper are under the F&O trade ban on Monday. Bandhan Bank, Birlasoft, and Tata Chemicals have exited the ban list. Stocks enter the ban when their open interest crosses 95% of the market-wide position limits and exit once it falls below 80%.
Positive Breakout: These 4 stocks close cross above their 200 DMAs
In the NSE list of stocks, four stocks with a market cap of over Rs 10,000 crore , close prices crossed above their 200 DMA (Daily Moving Averages) on October 11, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a […]