Page 1069 - Markets News
Honasa Consumer zooms 7% on record Q4 profit; should you buy, sell, hold?
Honasa Consumer stock price: The spurt comes as the beauty and personal care company reported its highest-ever net profit of Rs 30.5 crore in the March quarter of the financial year 2023-24 (Q4FY24)
 "Honasa Consumer zooms 7% on record Q4 profit; should you buy, sell, hold?")
Bayer CropScience stock declines 6% on Friday post Q4; Check details here
Bayer CropScience's revenue slipped 19.5 per cent on a year-on-year (Y-o-Y) basis to Rs 792 crore as opposed to Rs 983 crore in the same quarter a year ago
 "Bayer CropScience stock declines 6% on Friday post Q4; Check details here")
Finolex Cables stock hits record high; zooms 19% on healthy Q4 results
Finolex Cables stock update: The company's board also recommended a dividend of 400% i.e. Rs 8 per share on face value of Rs 2.
 "Finolex Cables stock hits record high; zooms 19% on healthy Q4 results")
Nandish Shah of HDFC Securities recommends Bull Spread on Bank Nifty
Bank Nifty May F&O expiry strategy: Buy BANK NIFTY (29-May Expiry) 48,900 CALL at Rs 376 & simultaneously sell 49,400 CALL at Rs 174
 "Nandish Shah of HDFC Securities recommends Bull Spread on Bank Nifty")
PE funds partly behind the 62% drop in India's net FDI? Samir Arora's view
The ace fund manager was reacting on 'X' to a Business Standard story that quotes a Reserve Bank of India (RBI) data on gross FDI flows into the country in FY24
 "PE funds partly behind the 62% drop in India's net FDI? Samir Arora's view")
JK Lakshmi Cement shares rally 7% on healthy Q4; up 15% in last one year
The surge in JK Lakshmi Cement share was fuelled by robust Q4FY24 results, which came in line with street estimates
 "JK Lakshmi Cement shares rally 7% on healthy Q4; up 15% in last one year")
IndiGo stock strategy: Up to 18% upside seen post Q4; check target prices
IndiGo share price: IndiGo has announced a plan to launch a tailor-made business product for India's busiest and business routes
 "IndiGo stock strategy: Up to 18% upside seen post Q4; check target prices")
Vodafone Idea rallies 10% on BSE as UBS upgrades stock with 'buy' rating
Vodafone Idea stock: The market capitalisation (market-cap) of Vodafone Idea surpassed the Rs 1-trillion mark today
 "Vodafone Idea rallies 10% on BSE as UBS upgrades stock with 'buy' rating")
Adani Enterprises stock at 16-mth high; here's what aided the recent gains
Adani Enterprises stock update: The stock was up 2 per cent in Friday's intra-day deals after the company said its board will meet on 28 May to consider fund raise.
 "Adani Enterprises stock at 16-mth high; here's what aided the recent gains")
Govt bond yields largely unchanged as traders await fresh debt supply
The gains will be capped as the central bank's record surplus transfer to the government has boosted market sentiment
 "Govt bond yields largely unchanged as traders await fresh debt supply")
Hawkish Fed may drag Silver towards Rs 88,500; here's your trading guide
Silver at $30.12 was down over 2 per cent at the time of MCX closing as the corresponding MCX July contract at Rs 90305 was down 2.91 per cent on the day
 "Hawkish Fed may drag Silver towards Rs 88,500; here's your trading guide")
Emkay Global sees 31% downside in Go Digit stock, gives 'Sell' rating
Go Digit stock: Go Digit's valuation at FY26E P/E of 49.6x and P/B of 5.9x seems to be building-in an optimistic outlook and ignoring the challenges, Emkay Global said
 "Emkay Global sees 31% downside in Go Digit stock, gives 'Sell' rating")
What are the two triggers for the India stock market crash? Wood answers
That said, the reality so far Wood believes, a repeat of the shock BJP defeat in 2004, remains unlikely in the extreme.
 "What are the two triggers for the India stock market crash? Wood answers")
Stocks to Watch, May 24: Bayer Crop, Landmark Cars, Shilpa Medicare
Across Asia, markets mirrored the losses seen in Wall Street, with Japan's Nikkei leading the decline with a drop of 1.22 per cent, followed by Korea's Kospi down nearly 1 per cent
 "Stocks to Watch, May 24: Bayer Crop, Landmark Cars, Shilpa Medicare")
Commodity play book: Sell May Copper futures, Buy June Oil futures
Commodity trading: Copper prices have dropped 7 per cent since Monday's record high, with a significant intraday drop due to profit-taking
 "Commodity play book: Sell May Copper futures, Buy June Oil futures")
IndiGo, HCLTech, JK Lakshmi Cement among nine stocks to track on May 24
On Thursday, US markets closed in the red as robust economic data dashed hopes for Federal Reserve rate cuts
 "IndiGo, HCLTech, JK Lakshmi Cement among nine stocks to track on May 24")
Stock market guide for May 24: Gift Nifty down 50 pts as global shares slip
All you need to know before the market opens on Friday: Dow Jones tumbled 1.5 per cent last night as fears of delayed Fed rate cut resurfaced; Asian markets down around 1 per cent.
 "Stock market guide for May 24: Gift Nifty down 50 pts as global shares slip")
Should you buy gold now? Check key levels here before investing your money
The downside pressure on gold further intensified on Thursday on better-than-expected S&P US Global manufacturing and services PMI data
 "Should you buy gold now? Check key levels here before investing your money")
Stock trading guide for today: How to approach pharma, FMCG counters?
Technical indicators such as the RSI, MACD, and Stochastic are showing signs of potential correction and underperformance for the Nifty Pharma index
 "Stock trading guide for today: How to approach pharma, FMCG counters?")
Weak Q4 due to lower growth may be rare bitter pill for Sun Pharma
Sun Pharma is in the process of acquiring US-based Taro Pharmaceuticals and taking it private
 "Weak Q4 due to lower growth may be rare bitter pill for Sun Pharma")