2 liquor stocks may rally up to 19% on Q3 results, 3 other factors
Brokerages suggest that liquor stocks, particularly United Spirits and Radico Khaitan, may see an upside potential of up to 19% due to strong Q3 earnings forecasts, a softer base effect, beneficial regulatory changes in Andhra Pradesh, and a rise in demand for premium products.
2 sectors Aditya Arora is bullish on for near term
I guess one should participate in this bounce back because as I said largecaps are giving good signs right now and if that plays out, then the upside levels which I am watching out for are 23,350 to 23,600.
Crude oil-sensitive stocks fall as brent surges over $81 per barrel; HPCL, IndiGo, Kansai Nerolac drop up to 6%
Oil prices surged to their highest level in over three months, fueled by concerns that U.S. sanctions on Russia could reduce its oil output. Goldman Sachs indicated that Brent prices could exceed $85 per barrel if Russian production continues to decline.
Adani Wilmar shares fall 8.3% on day 2 of OFS, retail investors join as large stake sale continues
Adani Wilmar share price: The company is a joint venture between the Adani Group and Wilmar International, is a prominent FMCG player in India, known for its essential kitchen products. Despite its strong market presence, the stock has faced challenges, declining by 26% over the past year.
Stock market valuations in ‘Fair Value Zone’; but elevated risks persist: Vetri Subramaniam
I tend not to think about it in terms of triggers. The fact of the matter is, we are in currently a slightly weak patch in terms of economic growth. Certainly, there will be some improvement that should come through in terms of growth in the second half of the year.
Interarch Building shares rally 4% on bagging Rs 221 crore orders from Tata Projects
Interarch Building Products shares surged 3.7% on January 13 after securing Rs 221 crore worth of projects from Tata Projects in the semiconductor and lithium-ion battery sectors. These projects, located in Assam and Gujarat, align with India’s push for enhanced domestic manufacturing. The company aims to support India’s tech and sustainable energy goals, reinforcing its […]
Sandip Sabharwal sees limited upside in Avenue Supermarts amid tough market conditions
The other companies which could potentially benefit just because of the valuation correction would be the consumer names which we have been talking of that consumer names are more near the bottom and to that extent, they should be accumulated now and they always tend to outperform in a risk-off mode in any case.
Ola Electric shares dip 4% as CCPA seeks more documents amid probe
Ola Electric Mobility shares dropped 4% as the CCPA requested more documents for their investigation into alleged rights violations. The company faces regulatory challenges and has seen top-level exits. Despite these issues, Ola plans to expand its store network and diversify its product portfolio, with new products set to launch over the next two years.
Rising US yields and inflation fears drive sell-off in global markets: Anurag Singh
So, it is kind of a counterplay, but there are two major concerns and we should wait for Jan 20th to see how it unfolds. But broadly, there is a concern around what are the tariffs going to be. If the tariffs are imposed across the board or even selectively, it is inflationary.
TCS shares break 13-day consolidation, ride the momentum till Rs 4,350: Anand James
Though institutional sales remained net positive, the impact of FII sales was evident, with upswings steadfastly facing resistance throughout the week. All days this week, except for one day, saw lower lows asserting a bearish bias.