Bank Nifty is looking more promising compared to the Nifty: Rajesh Palviya

Rajesh Palviya of Axis Securities sees potential Bank Nifty breakout above 55,800. This could lead to new highs, fueled by PSU bank accumulation. Nifty and Bank Nifty rollovers are high. A Nifty breakout above 24,900 could trigger a rally to 25,200. BSE, IndiGo, and Bharti Hexacom are strong. BSE could reach 2800-2900. IndiGo may hit […]

Auto rally more defensive than explosive: Anshul Saigal

Anshul Saigal of Saigal Capital suggests metal stocks are poised for growth due to cyclical lows, attractive valuations, and rising global demand. While auto sector growth is modest, excitement stems from increased profitability in SUVs and anticipated commercial vehicle volume growth. Saigal views promoter buying as a stronger indicator than selling, attributing sales to various […]

Niva Bupa shares fall 11% as PE investor sells 12% stake in block deal

Niva Bupa shares: ETNOW had reported that Fettle Tone LLP, an investment arm of True North, was likely to offload up to 122 million shares, representing about 6.7% of Niva Bupa’s equity. Additionally, CEO Krishnan Ramachandran was expected to sell around 10 million shares, or 0.5% of the company’s stake. The shares were priced at […]

Power, defence and railway PSUs expected to thrive: Ajay Bagga

Government and household spending are currently fueling infrastructure growth, while private capital expenditure remains sluggish due to low capacity utilization and policy uncertainty. Infrastructure providers linked to government projects in power, defence, and railways are expected to thrive. The focus should be on import substitution to boost domestic production, as large-scale private investment is still […]

ETMarkets Smart Talk – Auto, QSR, and defence among top picks in current market cycle: PL Capital’s Sandip Raichura

Sandip Raichura of PL Capital Group anticipates near-term market pressure amid global uncertainties, but remains optimistic about Indian equities due to structural and cyclical factors. He highlights Auto, QSR, and Defence as promising sectors. Raichura advises HNIs to favor large-cap stocks and longer tenor bond funds, while suggesting gold remains a valuable portfolio component despite […]