Tech View: Nifty forms long bull candle, eyes 25,200 level next week; how to trade on Monday
Friday’s market action signals a strong bullish comeback, with an upside target of 25,200 expected next week and immediate support at 24,650, according to Nagaraj Shetti of HDFC Securities.
Market is not linear; stay invested and reap the benefit of India’s growth prospects: Navneet Munot
India’s stock market has seen tremendous growth. An SIP of Rs 10,000 per month over 30 years in HDFC Flexi Cap Fund could be worth Rs 20 crore today. India’s nominal GDP growth and corporate profits have driven market returns. The next 30 years are expected to be exciting for the market.
Stocks to buy today: Mirae Asset Sharekhan sees up to 40% upside in Bajaj Finserv
Investec maintains a “Buy” on Medplus Health Services, targeting Rs 940, citing growth plans and strong generics adoption. Mirae Asset Sharekhan upgrades Bajaj Finserv with a target of Rs 2,350, focusing on AI, profitable growth, and structural market opportunities. Hem Securities also recommends a “Buy” on Parag Milk, targeting Rs 255, driven by strong earnings, […]
Current valuations signal limited near-term growth potential: Vetri Subramaniam
In terms of asset allocation, just to be clear, we are sort of in the neutral zone and I am referring to our asset allocation model which we use in strategies like our balanced advantage and our multi-asset allocation fund because those do take asset allocation calls.
Food inflation easing could be a temporary relief; inflation remains key risk for any economy: Devendra Pant
India’s food inflation is easing. However, increasing oil and fat prices may cause future problems. The RBI may not cut rates in February. The decision depends on new data. This includes the Union Budget and the global economic situation. Demand growth is crucial for investment. Real wage growth is important for consumption.
IKS Health management on AQuity acquisition, falling margins & future plans
IKS Health sees massive growth in US healthcare. The company leverages technology, including AI, to deliver efficient solutions. It aims to expand its market share in the US. IKS Health is also eyeing potential expansion into the Australian and Canadian markets. The company plans to bring its expertise to India in the future.
JK Tyre shares fall by 3% as co gets loan of EUR 30 million for expansion of production capacities
In the past years, the company has already initiated various transformative measures for adopting a resilient and more sustainable position. JK Tyre informed that the new loan will help to continue this transformation, for example by allowing the boiler for the expansion facility to be operated using biomass rather than coal.
Oversupply and unsustainable pricing weighing on cement sector outlook: Sandip Sabharwal
Now, there could be demand optimism because real estate is doing well, infra projects are doing well, etc, but that is not reflected so much in the numbers but next year could be better for volumes overall.
ETMarkets AIF Talk: Vikaas M. Sachdeva predicts quality-focused equity markets for 2025
We have had a spectacular comeback in terms of our equity performance and are doing very well. One of the key aspects of a closed-ended fund, such as a CAT II private credit closed-ended fund, is the distributions for earlier funds.
Vishal Mega Mart IPO Day 3. Check key dates, GMP, price band, subscription and review
Vishal Mega Mart’s ₹8,000 crore IPO, entirely an OFS, saw strong interest from non-institutional investors, reaching 1.53 times subscription. Priced at ₹74-78 per share, the IPO received a ‘subscribe’ rating from analysts, citing the company’s loyal customer base and diverse brand portfolio. The IPO closes today, with allotment expected on December 16.