Market Trading Guide: Tata Steel and Uno Minda are stock recommendations for Monday

Indian benchmark indices ended in the red on Thursday dragged by auto, IT and metal bank stocks. While Nifty closed at 22,397.20, down by 73.30 points or 0.33%, the BSE Sensex closed in the red at 73,828.91, declining by 200.85 points or 0.27%.Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities […]

Fund Manager Talk: Indian IT to outpace global growth; SaaS, startups driving sectoral shift: Balakumar B

Technology spending is now essential, with Indian IT firms poised for continued growth despite cyclic slowdowns. HDFC Technology Fund adopts a bottom-up approach, balancing industry leaders and disruptors. SaaS, AI, and fintech are expanding India’s tech sector. While IT spending slowed post-pandemic, long-term growth remains intact. Quick commerce has potential profitability as competition stabilizes.

Ahead of Market: 10 things that will decide stock market action on Monday

Indian markets closed lower on Thursday amid weak global cues and trade war concerns. Analysts see resilience despite US recession fears. US and European markets rebounded after volatility. Nifty remains in a consolidation phase, with key resistance at 22,550. MRPL, ITI Ltd, and Data Patterns saw strong buying, while KEC International and Zee faced selling […]

Understanding the high EV to MCAP Ratio

The EV to MCAP ratio assesses a company’s valuation by factoring in debt and cash reserves. A high ratio signals high leverage or strong cash reserves, influencing investor perception and acquisition attractiveness.