HINDALCO TATA STEEL
D-St smashes records yet again: Sensex zooms 621 pts, Nifty scales 23,869 on RIL, ICICI Bank rally
Of the 16 sectoral indices on the NSE, 9 ended in the green with the Nifty Oil & Gas index ending up as the top performing index with 1.4% gains. It was followed by Nifty Private Bank index and Nifty Bank. Among the laggards were Nifty Auto, Nifty Metal and Nifty Consumer Durables which fell up to nearly 1%.
2 top stock recommendations from CA Rudramurthy BV
So, you have to be in the right sector and yes, there are lot of good stocks in these sectors which I can give as input and I am very clear this market is a buy on every dip, no shorting whatsoever but however I will also tell you managing leverage, managing your quantity and being in the right stock and sectors is very-very important because the trigger should not wash you out of the market. Being in the game is very important to win the game.
Q4 results: Stable costs boost India Inc. profits
Steady costs and firm domestic demand supported corporate performance in the March quarter.
Own midcaps? Do a check & balance exercise to avoid decision of haste: 7 midcaps from different sectors with an upside potential of upto 49%
Every now and then the market goes through phases, where it prefers a certain set of stocks, not based on sector but based on the overall market cap. So, sometimes it is large caps, at other mid-caps. Now this partially happens, due to the flows which are coming to markets. For example, if more flows are coming to mid-cap or multicap schemes there is bound to be out performance in the mid-cap space. Now what it does is that it tends to create a sudden surge in mid-cap. Similarly when there is an outflow like the kind of one which we saw in March this year, midcap stocks tend to decline sharply. Essentially, it is the flows which impact the broader matrix of how midcaps behave. So there are phases not owning a midcap stocks appeared to sin and then there phase, where owning them appears to be sin. But if one focuses on the underlying business and some critical parameters, there is a possibility of getting rid of these phases of anxiety which keep coming to the street and create long term wealth.
Fundamental tailwinds are a stronger play than volatile markets? 5 Indian pharma stocks with upside potential of up to 31 %
There is no doubt that the market is going through a volatile phase and bears are once again telling the street to never write them off. Will this correction continue even longer ? It would probably be clear by the end of the day as the election result finally gets settled. Instead of focusing on how much nifty or bank nifty or any other index is down or up, focus on the fact that whether the sector or company is doing well and will it do well in future because the fundamental operating matrix of that sector has changed for better. Because volatile phases come and go, changes in the operating matrix don't happen every day. Pharmaceutical is one sector where there is a fundamental change taking place and it has happened after 8 to 10 years of restructuring and painful readjustment. So, it would be worthwhile to have them on watchlist and if the market remains volatile then it is a sector which probably has a higher probability of outperforming.
They just happen to be listed in India, what matters to them is global developments: 5 stocks from two sectors with upside scope of up to 29%
In the last month of volatility, there are some sectors which have shown a streak of out performance. They haven't fallen as much as nifty and have been able to keep their head above the water even on the worst of days. The reason, their bottom lines are more correlated to what is happening in the country or the continent in which they have exposure both in terms of sales and in some cases in manufacturing. So, one way to take global exposure is to have a look at these companies, also it is a sort of diversification in terms of exposure to the underlying economy. Because they are operating at a global level, their balance sheets are good and in some cases, they have been able to enter amongst the top companies of the world in their sector.
- Go To Page 1
F&O stocks: Trent, AU Small Finance Bank among 5 stocks with long buildup
When the stock prices move up and open interest on the counter also moves upward, it is considered a sign of a long buildup. It is considered more reliable if the volume on the counter has also seen an increase
Stocks in news: RIL, Hindalco, PNB Housing, Grasim, Tata Steel
State-run Indian Railway Catering and Tourism Corporation (IRCTC) reported a consolidated profit after tax (PAT) of Rs 284 crore, which was up 2% year-on-year.
Sudip Bandyopadhyay on strategies to navigate Nifty's pre-election volatility
Financial expert Sudip Bandyopadhyay provided insights into the current market trends and future expectations. He emphasized that market volatility will persist until the election results are announced on June 4th, but he remains optimistic about the market's upward trajectory post-election. He talked about the strong performance of Nifty Metal, attributing it to global factors like potential US Fed interest rate cuts and China's fiscal stimulus. He also discussed the positive outlook for the FMCG sector due to expected improvements in rural demand, driven by a favorable monsoon forecast.
F&O stocks: Sun Pharma, Vedanta among 5 stocks with short buildup
In Thursday's trading, Vedanta, Sun Pharma, NMDC, MFSL, and Hindalco witnessed a build-up of fresh short positions, signaling potential downward movement in stock prices.
Metal stocks rally on China's realty stimulus, LME gains
Hindustan Zinc surged 20%, followed by Vedanta which gained 7.04%. Jindal Steel and Power and Hindalco moved up over 4%, while Tata Steel, JSW Steel, and Hindustan Copper rose over 3% each.
Nifty Metal index crosses 10,000 mark for first time as stocks rally up to 20%
The index has been rising, making new highs since the second half of 2023. It made new all-time highs in 5 consecutive trading sessions. A significant surge in demand from China is believed to drive the rally in the metal space.
Q4 results this week: ITC, ONGC, Sun Pharma, Nykaa, Ircon International and IRFC
ITC, ONGC, IRFC, Ircon International, BHEL, BEL, Sun Pharma, Nykaa, Tata Investment Corporation, Hindalco, Ashok Leyland, and Divi's lab will be releasing their March quarter report cards this week.
Short-term volatility? Yes, but operating landscape might be changing: 5 metal stocks with upside potential of up to 20%
After the IT sector companies, metal is another sector where the fortunes of Indian companies are more tied to what is happening globally rather than what is happening in India. The reason, global metal prices are decided by two things, first is the state of the Chinese economy and second is how the US dollar behaves in the global markets. On the first, there are initial indications that after close to more than two years, things are turning better. The most reliable indication came last month with better than expected GDP numbers. On the second front, there is still lots of uncertainty thanks to flip-flops by the US Fed on interest rate cuts. Now if one looks at the metal stocks, they have sort of out performed volatile Indian markets. But given the fact that these days, too much money flows into stocks where there is even a slight bit of positive development, the possibility that these stocks may turn volatile if there was more pressure on the broader market. However, when the tide turns, because the operating matrix of the companies would be better if the China recovery continues, there is a high probability of them turning into relative outperformers.
RIL, Adani Power among 10 stocks bought & sold by Quant Large Cap MF in March
Quant Large Cap Fund-Reg(G) performed well in Q1, with a 9.53% gain. It adjusted holdings in various stocks, including RIL and Tata Power, to outperform the benchmark index and category returns
Follow-up buying could take Nifty higher: Analysts
US Markets are in oversold territory, and European indices have taken support near crucial moving averages, which mean a meaningful recovery can be expected from global equity markets.
Metal stocks see big gains on US, China recovery prospects
Positive commentary and target price hikes from CLSA and Jefferies also buoyed the shares, helping the Nifty Metal index surpass the 9,000 mark to hit a lifetime high. The index ended at 8,999.60, up 1% over the previous trading session. Benchmark indices ended half a per cent higher each.
Jefferies bets on metal's mettle, picks Coal India, Tata Steel, 2 more stocks as buys
In Jefferies' view, the global recovery in manufacturing including one in China is driving the sector and there are now signs of a rising trade.
Metal stocks jump up to 11%; Hindustan Copper, Vedanta & others hit 52-week highs
Hindustan Copper soared 11% to hit its 52-week high of Rs 366.40 on the NSE. The stock traded amid significant volumes with over 4.80 crore shares changing hands on the NSE around 1:30 pm.
NSE to introduce 4 new indices in capital, F&O segments from April 8
The Nifty Tata Group 25% Cap index consists of 10 companies, and is based on the free float market cap method, NSE said. The Nifty500 Multicap India Manufacturing 50:30:20 Index will track the performance of select largecap, midcap, and smallcap stocks from the Nifty 500 index that represent the manufacturing theme.
Metal stocks fire on China data; Hindustan Copper surges 9%
An official factory survey on Sunday revealed that China's manufacturing activity had expanded for the first time in six months in March. The world's largest producer and consumer of copper saw its most-traded May copper contract on the Shanghai Futures Exchange closing day-time trade 1.1% higher at 73,100 yuan ($10,110.79) per metric tonne.
T+0 trade settlement scrip list released: Bajaj Auto, SBI, and 3 Tata Group stocks part of the list
Stock exchanges will introduce the beta version of ‘T+0’ or same-day trade settlement in the 25 scrips in the cash segment from Thursday.
Tata Steel, Hindustan Aeronautics among 5 stocks with short buildup
A short buildup is when there is a rise in open interest and volumes along with a decrease in the price of the underlying stock in the Futures and Options segment. Short buildup means more people are expecting the prices to go down and creating short positions. In Wednesday’s trading session, five stocks witnessed a build of fresh short positions. Here's the list:
Book some profit in OMCs; betting on 5 metal stocks: Sanjiv Bhasin
Sanjiv Bhasin recommends adding Hindalco and Vedanta to the portfolio as their new IPOs will benefit the companies. Maruti is seen as a catalyst for growth, while caution is advised in OMCs and PSUs due to stretched valuations. It is suggested to invest in HDFC Bank, ICICI, and L&T for better returns.
Nifty hits fresh record high, holds 22,200 level on gains in banking & auto stocks
From the Sensex stocks, JSW Steel, M&M, Tata Steel, Bharti Airtel, and ICICI Bank opened with gains, while Infosys, TCS, Power Grid, Nestle India and Tech Mahindra opened with cuts.
Heavyweights lag, but new leaders give wings to rally
Shares of some of India's best companies - HDFC Bank, Infosys, Asian Paints, Bajaj Finance, HDFC Life and Hindalco - among a dozen stocks on the 50-stock Nifty have declined in the last two years as the NSE's benchmark index returned over 28% during this period.
After some consolidation, there will be extremely good opportunities over the next phase: Hemang Jani
Hemang Jani says It would be good to go through some degree of correction, some degree of consolidation, and that will throw up more opportunities for everybody. Volatility is expected during the market's volatile phase, so caution should be exercised when buying momentum stocks. However, overall market stance, including the Nifty and banking stocks, remains unchanged.
Load More
