LTIMindtree shares in focus as LIC increases stake to 7%

Life Insurance Corporation of India (LIC) has increased its stake in LTIMindtree from 5.033% to 7.034% through open market purchases. This news coincided with LTIMindtree’s announcement of an 8% YoY growth in Q2 net profit, reaching Rs 1,251 crore, and a 6% rise in revenue to Rs 9,433 crore.

Stocks to buy today: ABB, Federal Bank among top 10 trading ideas for 22 November 2024

The Indian market is expected to trade higher on 22 November 2024, following positive global cues. Despite a 2.09% rise in the India VIX, indicating increased caution, FII selling pressure persists. Experts suggest that Nifty could face downward pressure unless it stabilizes near key support levels. A list of top trading stock recommendations includes ABB, […]

3 sectoral picks from Sunil Subramaniam for near term

​​So, I would say that where those valuations were a little bit overvalued because the whole market was overvalued, to the extent that the correction is coming there, I would say some fund managers would look at buying those not related to the specific case over a period of the next few days because they […]

Big movers on D-Street: What should investors do with Paytm, IndiGo and Varun Beverages?

Indian equity benchmarks Sensex and Nifty experienced a decline on Thursday, influenced by a sharp drop in Adani group stocks. Market analyst Riyank Arora suggests a buy-on-dips approach for Paytm and recommends buying IndiGo at the current market price. However, he advises caution for Varun Beverages, suggesting investors wait for lower levels before considering long […]