The Nifty IT pack rebounded with an 18.4 per cent rise this month. Before this, Nifty IT's best show was in June 2020 when it rose 22.5 per cent.
Even if silver performs, we believe the weightage for gold could be higher in one's portfolio, said Manav Modi of MOFSL.
While brokerages called Bajaj Finance's Q1 performance spectacular, they remain dividend on the stock price performance amid valuation concerns.
Driven by price hikes of around 12 per cent during the quarter, Asian Paints posted a 40 per cent Y-o-Y growth in its net profit to ₹1,539 crore.
The debut was ahead of grey market expectations. Before the listing, Indo-MIM IPO's GMP was ₹187 per share, or 38.56 per cent.
Manipal Health IPO GMP is ₹10, suggesting a listing gain of less than 2 per cent at current levels. That said, analysts find it a compelling long-term bet.
Fed policy preview: The bigger risk for the market lies not in the rate decision itself but in the possibility of a more hawkish tone than markets currently anticipate.
Tata Chemicals share price: Hurt by lower realisations, reduced other income, and lower JV income, Tata Chemicals reported an 81 per cent decline in consolidated net profit to Rs 60 crore.
The sharp gains in IT stocks today follow easing valuations, a decent Q1 show, and an improving outlook after a sharp selloff this year.
The correction in chip stocks and concerns surrounding the AI trade have the potential to revive FPIs ' enthusiasm for Indian stocks.
Dr Lal PathLabs' share price jumped 8 per cent to a fresh 52-week high of ₹1,893.65 on the BSE today. The company has posted a better-than-expected Q1 show, prompting analysts to raise target prices.
IndiGo share price: Despite of a headline miss in Q1 earnings, analysts believe that IndiGo's structural story remains intact, prompting them to retain their ratings on the stock.
As investors struggle to decide the best bet, analysts' consensus lies with ₹3,811-crore Indo MIM IPO as they find its global leadership position, robust financials and strong grey market positioning.
Brokerages largely remain bearish on Dr Reddy's Labs shares following the Q1 earnings show.
Xtranet Technologies IPO has received mixed reviews, with Swastika recommending applying with a medium-term view. SBI Securities has a 'neutral' call on the offer.
To mitigate the impact of higher aviation turbine fuel (ATF), IndiGo has raised airfares, but analysts believe it will not be enough to stem the Q1 profit fall.
SBI Funds Management is now listed on Dalal Street, giving investors a new AMC stock to consider. Analysts decode which AMC stock is better placed for investors - SBI Funds, ICICI Pru AMC or HDFC AMC
Bharat Coking Coal shares have lost 10.45 per cent on a year-to-date (YTD) basis as investors booked profit in the counter following a massive upside over the IPO price of Rs 23.
Paytm shares declined 3 per cent in intraday trade as investors assessed the company's strong Q1 show and the board's plan to not proceed with the bonus issue announcement.
For the world's third-largest oil importer and consumer, India, a falling rupee presents unique challenges: a weaker economy, wary foreign investors, and declining earnings quality.