Fallen angels! Emkay identifies 5 stocks that may have overcorrected
Significant correction in stocks presents buying opportunities as Nifty index drops 8% from its high. Emkay Global suggests IndusInd Bank, Saregama, Escorts Kubota, Hero MotoCorp, and Mahindra Finance as attractive investments, highlighting their potential for recovery and growth over the next year.
Planning to start your mutual fund investment journey in Samvat 2081? Here’s how to do it right
Investing in mutual funds during Samvat 2081 can yield substantial returns, especially with a long-term strategy. Focus on large cap funds for lump sum investments due to reasonable valuations, and use SIP for mid and small cap funds as valuations improve. Consider risk tolerance and investment horizon.
Want to buy India’s highest-priced stock Elcid? Entry restricted in 328-member club
Shares of Elcid Investments soared by an extraordinary 6.7 million percent in one trading session, reaching Rs 2.36 lakh per share. This dramatic rise has made it India’s most highly-priced stock. Entry into Elcid’s shareholder club is limited with only 328 shareholders, and the sharp increase is due to a special call auction for price […]
Stocks to buy today: SBI, Maruti Suzuki among top 9 trading ideas for 31 October 2024
The Indian market may consolidate amid mixed global cues with India VIX up by 6.85%. FIIs sold Rs 4,613 crore of equities while domestic investors bought Rs 4,518 crore. Key levels for Nifty 50 are 24,500 for sustaining the trend and 24,200 for support. Experts recommend stocks like Bharat Electronics, SBI, and Maruti Suzuki India […]
Zaggle Prepaid shares jump 2.5% on Rs 950 crore fundraise plans
In addition to the fundraising approval, the company also announced the appointment of Virat Sunil Diwanji as a Non-Executive, Non-Independent Director. Diwanji is a seasoned banker with over 30 years of experience in building, managing, and growing retail consumer businesses across both liabilities and assets.
Positive Breakout: These 4 stocks close cross above their 200 DMA
In the Nifty200 pack, four stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on October 30, 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 particular stock. As long as the stock is priced above the 200-day […]
ETMarkets PMS Talk: We are bullish on India macro; October correction likely to offer better opportunities to investors: Amit Goel
I must also acknowledge the market sentiment, which peaked by the end of September. A few factors aligned in our favor, and being fully invested at the time worked to our advantage.
Fund Manager Talk | Market likely to be volatile, time to seek safety cushion: Jitendra Arora
As a life insurance company managing the life savings of customers we have a long-term investment approach. We believe the long-term prospects of the Indian equity markets are positive.
How contra fund manager Taher Badshah plans to invest in Samvat 2081
Regarding the enhanced performance, we haven’t made very significant changes. We have followed the standard template: buy head-winded or value businesses, and then over a period of time wait for tailwinds to reappear. We supplement this by maintaining a strict valuation discipline; ensuring we reduce exposure or exit the position when valuation multiples more than […]
Q2 results today: Tata Investment among 7 companies to announce earnings on Thursday
Tata Investment, along with six other companies, is set to announce their July-September 2024 quarterly results today. Tata Investment had previously reported a strong performance in Q1FY25, with a 117% sequential increase in net profit. The company also delivered significant returns over the last year, outperforming broader market indices.