The brokerage remains structurally positive on Hindalco, considering favourable LME, its strategic expansion aligned with a robust domestic outlook, and a strong balance sheet
Given that the last 18 months have been weak in terms of valuations, earnings and technical trends, the outlook for the next 18 months is becoming attractive, he said.
Stocks to Watch today, March 17: Reliance Industries, Tata Motors, Sun Pharma, RVNL, GMDC, RailTel, and Sagar Cements are among the top stocks to watch today
Rising crude prices and unchanged retail fuel rates could squeeze marketing margins of oil marketing companies and trigger further rating downgrades if the Iran conflict persists
The research and broking house sees up to 10 - 15 per cent risk to consensus earnings estimates for FY27F in case oil prices remain at elevated levels.
Foreign portfolio investors pull out ₹58,064 crore from Indian equities this month as geopolitical tensions and rising crude prices trigger renewed risk-off sentiment
Benchmark indices rose over 1% after last week's steep fall, led by HDFC Bank, ICICI Bank and Reliance Industries, but broader markets stayed weak amid rising crude prices and global tensions
Analysts believe the recent stock market correction due to the ongoing conflict between Iran and Israel-US and resultant dislocations in stock prices, presents an opportunity to add 'better' stocks.
Sebi chief Tuhin Kanta Pandey says the regulator will review overlaps between mutual fund distributors and investment advisers and introduce a common advertisement code for intermediaries
HDFC Bank, ICICI Bank and Kotak Mahindra Bank attract strong inflows from mutual funds in February, while fund houses trim exposure to SBI and other large-cap stocks
SIP investment: Experts suggest that investors may consider initiating SIPs in diversified equity schemes such as multi-cap or flexi-cap funds amid a market downtrend
Sensex Today | Stock Market Highlights, Monday: Broader markets underperformed. The Nifty MidCap and the Nifty SmallCap indices ended 0.43 per cent and 0.65 per cent down, respectively
Analysts see the sharp correction in stock prices and dislocation in parts of the market as an opportunity for investors to review their portfolios and make appropriate changes.