Page 27 - Puneet Wadhwa

UBS 'double upgrades' Gail India to buy; sees 25% upside in the stock

At the bourses, the stock surged over 3 per cent in intra-day deals to Rs 122.7 on the BSE on Monday. In comparison, the S&P BSE Sensex traded flat at around 66,245 levels

Stock markets and economic growth have little correlation, says Mukherjea

Saurabh Mukherjea tells that regardless of what happens to the global economy, this post-pandemic stock market rally will continue

ITC hotel biz demerger allays capital allocation concerns, say analysts

Some investors may have preferred a vertical split (100 per cent direct). This move will not likely have a big implication for ITC's share price, wrote analysts at Jefferies in a note

Most investors expect a market correction: Naveen Kulkarni, Axis Securities

Market's focus has shifted to corporate earnings' growth, backed by comfort in valuations, says Naveen Kulkarni, chief investment officer at Axis Securities.

Hotel stocks have more room for an upside; buy selectively: Analysts

The move to demerge the hotel business into a separate entity by ITC has brought back focus on hotel stocks, which have already seen a good run thus far in FY24.

Expect India to outperform peers in 6 months: JM Financial's Vinay Jaising

Vinay Jaising tells that in case the US undergoes a strong recession, Indian markets can also fall or have a time-wise correction

Wage bill of listed pvt. companies up 17% at Rs 11.5 trn in FY23: Report

The rising trajectory of private corporate wage bill appears structural, having grown from around 9 per cent of GDP in FY12 to around 13 per cent in FY22

Been more surprised with the rise in global markets: Andrew Holland

"The markets may have run up recently, but we do not believe it to be an irrational exuberance bubble"

Wipro Q1FY24 result analysis: How brokerages have interpreted the numbers

On Friday, the stock traded flat at the bourses, in line with the benchmarks, rising a modest 0.2 per cent to Rs 395 levels

Higher inflation, oil price to keep RBI on hold; cap market gains: Analysts

Another worry for the RBI and the markets are the monsoons back home (intensity and spatial distribution)

ACC, Ambuja, Dalmia Cement: Analysts remain selective on cement stocks

UBS and Nomura expect volume growth of 10 per cent and 8 per cent, respectively, in FY24 aided by an uptick in the real estate cycle.

Roll of GST dice: Delta, Nazara shares slump up to 23% on D-Street

RMG refers to skill-based games that can be played for real money

Chole Bhature, Biryani, Momos: What's India ordering most on Zomato?

North Indian cuisine dominates on Zomato with almost around 25 per cent contribution to both orders and gross merchendise value

Utkarsh SFB, NSDL: IPO market revival still some time away, say analysts

Most of these offers are coming right now because their regulatory deadlines, to bring the IPOs, are about to lapse, cautioned analysts

Wild ride for auto stocks in markets so far in FY24 as they burn rubber

Full-throttle performance driven by product premiumisation across vehicle manufacturers

No question of taking money out of mkt: Aditya Birla Sun Life AMC MD & CEO

"Any rebalancing must not be done entirely out of the equity market but through a mix of exposure to equity and debt. It is prudent to look at it from the prism of an asset class mix"

After the sharp run in H1-CY23, buy mid, small-caps selectively: Analysts

Analysts suggest investors stay selective and look for valuation comfort and earnings visibility before investing in the mid-and small-cap segments.

How does India's $11.1 trillion household savings into equities stack up

Jefferies estimates the structural flows from retail to the equity markets at around $30-35 billion per annum

What's cooking in ITC's kitchen that's made analysts bullish on the stock?

Analysts at Jefferies beleive the stock could top the Rs 600-mark, an upside of over 34 per cent from current levels

Investors should stay focused on staying invested: Kenneth Andrade

KENNETH ANDRADE, founder and chief investment officer, Old Bridge Capital Management (Old Bridge Capital), tells that equities will get their share of the investment pool