Valuations appear attractive, but near-term concerns remain
Higher rabi output, no BSVI impact and firm crop prices are positives
The firm believes the stock is better value for money than others and has a upside as high as 73 per cent
India VIX, the index to gauge the volitality, shot up as much as 18 per cent in the intra-day trade today
All that happened in the markets today
The company's operating profit declined 26 per cent year on year at Rs 20.39 crore in Q3FY20, against Rs 27.48 crore in the year-ago quarter.
JK Cement zoomed 5% to Rs 1,314, while Shree Cement gained 3 per cent to Rs 21,748, and was trading close to its all-time high level of Rs 22,200 touched on July 1, 2019, on the BSE today
Besides, uncertainty over the capital infusion proposal for the public sector banks (PSBs) under the upcoming Union Budget for 2020-21 has also soured investor sentiment.
The board of healthcare services provider will consider a proposal to buy back its equity shares at a board meeting scheduled to be held on Thursday, January 9
Despite a sharp run-up in market price, the stock is still down 88 per cent from its 52-week high level of Rs 312, touched on January 15, 2019
Balrampur Chini Mills, Dwarikesh Sugar, EID Parry, Dalmia Bharat Sugar and Industries, Mawana Sugars, Rajshree Sugars & Chemicals and Dhampur Sugar were up between 5% and 9% on the BSE.
In Q3FY20, HDFC Bank underperformed the benchmark index by climbing 2.46 per cent as compared to Sensex's 7.69 per cent gain during the same period
The company reported robust earnings with an over 12-fold jump in the consolidated net profit at Rs 168 crore in the December 2019 quarter of the current fiscal year (Q3FY20)
Here's a look at the top stocks that may trade actively in today's trading session
Godrej Consumer has picked up momentum with decent improvement in the volume to show a positive bias and imply further strength and potential to rise further in the coming days
According to analysts, the Nifty has broken down from the symmetrical triangular pattern with a clear sell crossover in MACD
The Nifty has broken down from the symmetrical triangular pattern, which is a bearish reversal pattern
But investors who want the flexibility to alter their asset allocation may avoid these 3-in-1 funds
Norms on providing margins were issued by the National Stock Exchange of India last week
Rupee breaches 72 against dollar in intra-day trade; gold rises to 6-yr high; Brent crude near $70/barrel