Category: Uncategorized

Dipan Mehta highlights capital goods and power as next market leaders

Dipan Mehta of Elixir Equities expresses disappointment in the banking sector’s recent performance, citing increased competition hindering growth. Excluding PSU banks, many NBFCs and private banks have underperformed. Mehta suggests investors look beyond banking for market outperformance, highlighting potential in capital goods, power equipment, and select two-wheeler companies. While pockets of growth exist, consistent exceptional […]

NMDC shares jump 2% after 23% YoY revenue growth, despite marginal PAT dip

NMDC shares experienced a rise of 2.5% following the announcement of robust first-quarter results for fiscal year 2026. Revenue saw a significant increase, driven by higher iron ore production and sales. While profit dipped slightly, operational performance was strong. The company holds substantial investments in various subsidiaries and joint ventures, both domestically and internationally.

Expect sideways, range-bound market in coming months: Dipan Mehta

Dipan Mehta of Elixir Equities anticipates a sideways market trend in the coming months. He emphasizes stock selection across sectors. Earnings season has been disappointing with only 5.4% profit growth. Liquidity prevents market decline, but fundamentals don’t justify a rally. Nykaa’s impressive performance stands out in the BPC segment. High valuations remain a concern for […]

RVNL shares slip 4% as Q1 profit plunges nearly 40%

RVNL shares fell after its Q1 profit dropped 40% year-on-year to Rs 134.36 crore, hit by lower revenue and weaker operations. The stock, down 24% in 2025, trades below key SMAs with RSI in oversold territory, signalling continued bearish momentum.

Apollo Hospitals Enterprise shares surge over 6% after Q1 net profit rises 42%

Apollo Hospitals Enterprise shares experienced a surge. This followed the company’s strong Q1FY26 performance. The healthcare giant reported a significant increase in consolidated net profit. Revenue from operations also grew year-on-year. Positive earnings and revenue growth across business segments boosted investor confidence. The stock is exhibiting a bullish trend, trading above key Simple Moving Averages.

Andrew Ferris warns S&P 500 rally is ‘superbly overvalued’

Andrew Ferris of Ecognosis Advisory suggests that inflation is rising. He believes the Federal Reserve will not cut interest rates in September. He finds the S&P 500 overvalued. Ferris highlights that Indian, South Korean, and Taiwanese markets are performing well. He also notes the strength of defence stocks due to ongoing global conflicts.

Q3 earnings recovery could trigger market upswing: Nikhil Ranka

Nikhil Ranka from Nuvama Asset Management suggests that the market has corrected, presenting an 8–9% upside from the Nifty’s fair value. IT stocks appear to have limited downside, trading at levels seen during peak tariff uncertainty. The banking sector anticipates a soft Q2 due to NIM decline, but expects earnings to recover from Q3.