Silver prices crash yet again, slip back to Rs 90,000-mark
Silver prices tumbled to a three-week low by losing Rs 4,900 to Rs 90,900 per kg, while gold slipped Rs 100 to Rs 78,700 per 10 grams in the national capital on Thursday on frantic selling by stockists and retailers, according to the All India Sarafa Association. The yellow metal of 99.5 per cent purity […]
Only one ELSS mutual fund has never delivered negative returns in last 10 years
Only one ELSS mutual fund has never posted negative returns in the past 10 years, based on yearly performance. This trend has continued in 2024. Among the 27 ELSS mutual funds active over the past decade, ICICI Prudential ELSS Tax Saver Fund stands out for its consistent positive returns. It has delivered returns of 18.86% […]
SBI Life & other insurance stocks tumble up to 8%. Here’s why
Shares of Life Insurance companies took a dip, falling as much as 8% on the BSE on Thursday after reports suggested that the insurance regulator IRDAI is considering limiting a parent bank’s contribution to an insurer’s total bancassurance business.
Tech view: Nifty breaches 20 DEMA, strong resistance near 24,360. How to trade tomorrow
Nifty formed a long bear candle, indicating a downside breakout. The index closed near the gap support of 23,900. Immediate support is at 23,800 and 23,560 (200-DMA). Resistance is at 24,350-24,360. A breakout above 24,360 is needed for a further uptrend. The highest OI on the call side is at 24,000 and 24,100, and on […]
Monitoring inflation in US & Indian market; going for largecaps in India: Hartmut Issel
Hartmut Issel, CIO WM at UBS Wealth Management, favors large-cap equities, particularly in consumer and financial sectors, due to their attractive valuations and growth potential. He sees opportunity in India’s market, citing unsustainable earnings growth in FY24 and a technical upside in sectors like consumer and financials. He advises caution in the two-wheeler space due […]
Vodafone, IDFC First among 14 biggest midcap laggards in past 1 year. Should you buy, sell or hold?
Midcap stocks, including Vodafone Idea and Bandhan Bank, have underperformed recently. Experts suggest holding most stocks, with some showing potential for recovery, while Vodafone Idea is advised to be avoided.
Red alert! 72 companies flip to loss in Q2. Are your stocks also on this list?
India’s Q2 2024 earnings season disappointed. Many profit-making companies reported losses. Nifty earnings grew at the slowest pace since June 2020. Analysts point to a slowdown in several sectors. However, experts predict a recovery in the second half of the fiscal year. Increased government spending and strong festival demand are expected to boost growth.
Prabhudas Lilladher cuts Nifty target to 27,381, suggests buying on dips for long-term gains
The domestic brokerage values the Nifty at its 15-year average P/E ratio of 19.1x, using a September 2026 EPS estimate of 1,434, to derive a 12-month target of 27,381 (revised from 27,867). In a bullish scenario, the Nifty is valued at a P/E of 20.1x, resulting in a revised bull case target of 28,750, down […]
2 top stock recommendations from Shivangi Sarda
Looking at the rollovers, they are a little light as compared to the previous month. But of course, even the three-month average, there is some sort of respite in terms that FIIs have started buying.
Be picky to make money in pharma; Swiggy can be a good return generator after 2 years: Neeraj Dewan
Market expert Neeraj Dewan sees growth in pharma and auto sectors. He recommends stock-specific investments in pharma. Dewan favors Mahindra & Mahindra and Maruti in the auto segment. He further believes Zomato is currently performing well, while Swiggy shows long-term potential. Dewan suggests solar energy as a long-term investment theme.