ASHOKA METCAST LTD Q1 RESULTS
FMCG sector: Street might treat it as saviors in some phases & there is more to it than HUL, 13 stocks, with upside potential of up to 42 %
On the day of the election result and the day after that, two days in succession, everyone was talking about FMCG stocks. Explanations about why they are safe heaven stocks, how the focus on rural income and consumption will benefit them. Third day, the broader market recovered and FMCG was probably the only loser. This is not the first time that it has happened. For ages, FMCG stocks have been considered defensive stocks. Whether FMCG stocks should be defensive is a different issue. What is relevant is that there is a probability that going forward, there will be phases, where a narrative about FMCG stocks being defensive will keep coming to the street. Given the fact that their valuations are expensive, there is hardly any growth in business, it would be worthwhile to understand that sector otherwise one might end up buying stocks and make the capital underperform. We look at 28 stocks from every segment, right from food and beverage to cosmetics.
Stock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 38%
While the reasons have been different at various points of time, in the last six weeks, Dalal Street has had occasional sightings of bears. The difference is that they are seen in different parts of the markets, some time in nifty, some time in mid-cap stocks. Last friday it was the turn of the mid-cap segment, the cut in mid-cap stocks were more as compared to nifty heavy weights. Given the fact the valuations are not very cheap, caution is visible on the street. It is time to take a step back, think and then make a decision both when buying and selling any stock. These selected stocks depict a strong upward trajectory in their overall average score. This implies that there has been a significant improvement in their market outlook in the given time frame.
India to clock GDP growth of 6.5 pc in FY24: Former NITI Aayog Vice Chairman Rajiv Kumar
Former NITI Aayog Vice Chairman Rajiv Kumar predicts that the Indian economy will grow at around 6.5% in the current fiscal year due to the reforms implemented by the government. He believes that India needs to achieve 8% economic growth to meet the aspirations of its young population and generate sufficient jobs. Kumar also highlights the positive macroeconomic situation, including manageable current account deficit, sufficient foreign exchange reserves, and increased tax revenues.
How the 'perennial pessimist' economists cast shadows on any semblance of positive change in India
India’s growth numbers are backed by national data and endorsements by World Bank, IMF, RBI and other rating agencies. So, one should definitely take anything coming out of people who find that one cloud on a sunny day and declare it’s about to flood with a handful of salt.
10 Best Books on Indian History You Must Read
There are numerous events that have occurred in India. From the palaeolithic age to the present, ranging from stories about how freedom fighters fought for our country's independence and the discovery of the Indus Valley civilisation to Mughal invaders and changes in Indian politics. Our comprehensive list of the best books on Indian history will take you on a tour of some of the most significant and interesting events that have occurred over time. So put on your reading glasses, and let's begin!
Wondering what this earnings season has in store? Check out brokers’ sector-wise preview
Margins remained pressured as companies deal with elevated attrition resulting in high retention costs and increase in travel and discretionary expenses. Infosys and TCS may perform well but many others face risk of growth downgrades, Kotak said.
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After 20% rally in a week, analysts expect this infra stock to zoom another 80%. Here's why
The smallcap company'S Q4 revenue from operations was up 12 per cent YoY at Rs 1,560 crore (sequentially 41 per cent) on the back of strong executions. Profit after tax (PAT) was up 26 per cent due to higher other income and tax write back, while EBITDA stood at Rs 160 crore (-22 per cent YoY/ +30 per cent QoQ) and missed estimates.
SGX Nifty up 60 points; here's what changed for market while you were sleeping
Asian markets opened higher on Friday helped by rallies in US high-tech shares, with investor focus shifting to the Bank of Japan's policy decision later in the day. MSCI's broadest index of Asia-Pacific shares outside Japan was up by 0.25 per cent.
Stocks in the news: PNB, M&M, Alkem Labs, Container Corp, Trent and Biocon
Here are a few stocks which may buzz the most in today's trade.
SGX Nifty up 20 points; here's what changed for market while you were sleeping
Even as the index has risen for seven straight sessions, there are chances that the index may scale towards 12,850 level. That said, the short-term rally has reached a mature stage and a minor correction cannot be ruled out, said analysts.
What is force majeure? The legal term everyone should know during Covid-19 crisis
The term that has assumed relevance in contractual context today for businesses is “force majeure”.
Ahead of Market: 12 things that will decide stock action on Wednesday
Nifty50 needs to clear and sustain above 11,550 level for any upside in the near future, they said. Support for the index is seen in the 11,330-70 range.
Market Movers: IT stocks take big leap; telcos drag; 130 stocks flash sell signals
A better-than-expected show by some major IT companies put them in focus as investors lapped up shares from the counter.
Ashoka Buildcon Q4 results: Posts Rs 134 crore profit
The company had posted a net loss of Rs 10.23 crore in the year-ago period.
SGX Nifty down 80 points; here's what changed for market while you were sleeping
Nifty futures on the Singapore Exchange traded 81.50 points, or 0.82 per cent lower at 9,860.50, in signs that Dalal Street was headed for a negative start on Monday.
After Market: ZEE dives, metals shine; 42 stocks flash ‘buy’ signals
The metals pack glittered on positive news on US-China trade talks.
After Market: Biocon drops 9%, RIL 1%, HDFC AMC hits new record; 517 stocks hit 52-week lows
Midcaps and smallcaps suffered more as their sectoral indices plunged up to 2 per cent on BSE.
10 stocks Dalal Street is betting on to deliver big gains under NDA 2.0
Early trends in vote count suggested the results could be in line with exit poll projections.
What changed your markets while you were sleeping
Let's check out what all might matter to Dalal Street all through the day.
What changed your markets while you were sleeping
Let's check out what all might matter to Dalal Street on Monday.
Seeking alpha: Where does Shankar Sharma see value in this market?
Ace investor Shankar Sharma has a ready reckoner that should help.
Stocks in focus on May 10, 2018
Here is a list of top stocks that are likely to be in focus in today's trading session.
ETMarkets After Hours: MRF, Nestle dream runs & 8 other stories you must know
DCB Bank witnessed the biggest spike in open interest at 64.80 per cent.
65 stocks@record highs in the week gone by: winners & losers
Positive macroeconomic data and firm global cues further supported domestic equity markets.
Bank recap, highway plan boost Sensex, Nifty to lifetime highs; PNB soars 49%
More than 70 stocks on the NSE hit their fresh 52-week highs in Wednesday’s trade.
Bullet-proof stocks? GST pain, economic woes failed to hurt these 24 companies
Net NPAs soared to 5.97% of net advances by June end from 4.36% in the year-ago period.
5 midcap ideas that can surge up to 35% in 12 months
Brokerages remain bullish on the Indian market further movement of the benchmark indices.
Sensex ends 45 points lower; Nifty above 8200; Here's what experts said
Volatility in global markets, where bond yields are rising, lingering fears over MAT levy, and forecast of sub-par monsoon continue to weigh on the markets.
Top broader market investment ideas in rough period
A possible rate cut by the Reserve Bank of India in June and normal onset of monsoon season will give investors reasons to turn bullish.
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