Atul Suri bets on IT, pharma and FMCG for next six months
But the thing that really stands out for me at the moment are the things that I am working on, which takes up my time, is essentially the allocations to pharma, IT and FMCG and identifying stocks in that place.
Suzlon Energy shares hit 5% upper circuit for 3rd consecutive day, reach new 52-week high; here’s why
Suzlon Energy Share Price: Shares of Suzlon Energy hit the 5% upper circuit limit for the third consecutive session, reaching a new 52-week high of Rs 86 during Wednesday’s trade on the BSE. This rally was fueled by positive investor sentiment following Morgan Stanley’s overweight rating on the renewable energy company. The stock experienced high […]
Global markets in a Goldilocks scenario; not seeing any red flags: Atul Suri
Linked to that is bond yields because as commodity prices and inflation goes up, interest rates went up, we saw that in 21, 22, 23 and you will find that even there, there is a talk about now the Fed cutting.
Varun Beverages shares rally 6% as stock begins trading on ex-split basis
Varun Beverages shares rose by 6% to an intra-day high of Rs 665.65 on BSE as the stock began trading on an ex-split basis. The record date for the 2:5 stock split was September 12, 2024. The company reported a profit after tax of Rs 1,261.83 crore for Q2 FY24, up by 26% YoY.
Sodhani Academy IPO: Check issue size, price band, GMP and other details
Sodhani Academy’s SME IPO will open for subscription today and close on September 17. The company aims to raise Rs 6.12 crore by offering shares at Rs 40 each. The proceeds will be used for capital expenditure and general corporate purposes. The shares are expected to list on the BSE SME platform on September 20.
Zomato shares rise 3%, near record high on UBS optimism for growth
Shares of Zomato rose 3% in early trading, nearing an all-time high after UBS maintained a buy rating with a target price of Rs 320. The company’s growth optimism is fueled by industry volume growth and a recent acquisition deal with Paytm. Other firms like Jefferies and JP Morgan have also turned positive on the […]
NBCC shares jump 5% after securing Rs 1,600 crore deal with MTNL
NBCC shares rose nearly 5% to Rs 183.70 during Thursday’s intraday trade on the BSE following the announcement of a significant deal with MTNL. The companies signed a MoU on September 11, 2024, to develop a 13.88-acre land parcel on Pankha Road, New Delhi, into a modern residential and commercial space, with the project valued […]
Chambal Fertilizers, RR Kabel among 4 stock picks with up to 27% upside: YES Securities
YES Securities has identified four stocks with significant growth potential, offering up to 27% gains. The key picks include RR Kabel, L&T, FIEM Industries, and Chambal Fertilizers. These stocks are expected to benefit from factors like infrastructure spending, increased electrification, LED adoption in vehicles, and favorable agricultural conditions.
Stocks to buy today: Havells, ICICI Bank among top 10 trading ideas for September 12, 2024
On the options front, maximum Call open interest (OI) is at the 25,000 strike, followed by 25,500, while maximum Put OI is at 24,500, followed by 24,700. Call writing is observed at the 25,000 and 25,100 strikes, and Put writing at the 24,500 and 24,700 strikes.
Investors return to Gold ETFs with no sovereign bonds in sight
Investors are increasingly turning to gold ETFs due to favorable tax changes, reduced customs duty, and the absence of new Sovereign Gold Bonds. Over the past four months, gold ETFs have seen significant inflows, driven by these factors and geopolitical uncertainties that are expected to keep gold prices strong.