Right time to take profit off the table in pharma; defence a structural buy: Rajiv Batra
Rajiv Batra addresses global investors’ concerns about India’s growth and policy, emphasizing the need for double-digit earnings and nominal GDP growth to reignite foreign investor interest. He suggests profit-taking in pharma due to US generic concerns and underwhelming earnings. Batra remains positive on financials and monitors the Jackson Hole Symposium for its impact on rate […]
Nazara Tech shares tumble 18% in 3 sessions on gaming bill jitters; what should investors do now?
The selloff followed the Union Cabinet’s approval of the Online Gaming Bill, 2025, which is set to be introduced in Parliament. The proposed legislation aims to regulate gaming platforms offering monetary rewards, citing risks related to mental health, money laundering, and fraud.
Apollo Micro Systems shares surge 15% following Rs 25 cr order wins from DRDO, other defence PSUs
Apollo Micro Systems shares saw a significant rise. The company secured orders worth Rs 25.12 crores from DRDO and Defence PSUs. This news boosted investor confidence. The defence sector is gaining prominence. Government support and indigenous manufacturing are key factors. Defence stocks are attracting attention. The Indian Air Force will acquire 97 LCA Tejas Mark […]
Fed officials divided ahead of Powell’s Jackson Hole Speech
Federal Reserve officials appeared cautious about a September rate cut as investors awaited Chair Jerome Powell’s keynote speech at the annual Jackson Hole symposium.
Warburg-backed Avanse is said to mull IPO delay on US visa rules
Avanse Financial Services, the Warburg Pincus-backed education financing firm, is weighing a delay in its planned IPO amid slowing loan demand caused by stricter US visa rules, according to people familiar with the matter. The Mumbai-based lender may wait for overseas loan demand to improve before resuming the share sale, though deliberations are ongoing and […]
Festive season, tax relief to drive consumer durable demand: Sudip Bandyopadhyay
Sudip Bandyopadhyay suggests that GST reduction and other factors will boost consumer durables and cement industries. He recommends Voltas and Amber Enterprises in the consumer durables sector. While positive on market infrastructure institutions long-term, he notes potential short-term volatility due to regulatory focus on curbing speculation, impacting exchanges and broking houses.
ETMarkets Smart Talk| FII selling shifts flows to Korea, Taiwan, Japan; DIIs remain net buyers: Dr. Poonam Tandon
India’s sovereign rating upgrade by S&P is expected to lure back FIIs, boosting sectors like NBFCs and banks. Despite FII selling, DIIs remain strong buyers, fueled by robust SIP inflows. Experts suggest focusing on consumption-driven sectors like FMCG, autos, and travel, anticipating a demand revival spurred by government initiatives and RBI easing.
Classic Electrodes IPO: Check GMP, price band, issue size and other details
Classic Electrodes, a welding consumables manufacturer based in Kolkata, is launching its IPO on August 22, aiming to raise ₹41.51 crore through a fresh issue of shares. The company intends to use the IPO proceeds for purchasing new machinery, repaying debt, and meeting working capital needs. Ahead of the IPO, Classic Electrodes raised ₹11.69 crore […]
Gem Aromatics IPO allotment likely today; GMP at 9%. Here’s how to check status
Gem Aromatics IPO allotment will be finalized today, with shares set to debut on BSE and NSE on August 26. The IPO, subscribed 30.45 times, saw strong interest from QIBs and NIIs. Investors can check their allotment status via KFinTech or the NSE website.
Positive Breakout: These 8 stocks cross above their 200 DMAs
In the NSE list of stocks with a market cap over Rs 10,000 crore, eight stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on August 21, 2025, according to stockedge.com’s technical scan data. The 200-day daily moving average (DMA) is used as a key indicator by traders for determining the overall trend […]