Page 51 - Stock Market Today

Life insurance stocks: Concerns may be priced in; analysts 'optimistic'

While they are trading at substantial discount to their average historical multiples, data shows there is pickup in business in May

Street signs: Mkts turn skittish near new highs, Index fund inflows & more

The benchmark indices registered declines in the previous two trading sessions, which could be a bearish sign, observe analysts

Mcap of 6 most-valued firms fall by Rs 83,637.96 cr; TCS biggest laggard

Six of top 10 most-valued firms suffered a combined erosion of Rs 83,637.96 cr in market valuation last week, with TCS, HUL and Infosys taking biggest hit, amid an overall tepid trend in equities

CPPIB sells 1.77% stake in Kotak Mahindra Bank; IEX shares slump 10%

Shares of Indian Energy Exchange (IEX) plunged more than 10% on Friday on fears that the implementation of 'market coupling' norms will make a dent into revenues

Sun Pharma's growth prospects look healthy; analysts positive on the stock

Majority of analysts positive on the stock; their average target price indicates an upside potential of 15 per cent

NTPC in a sweet spot; likely to be poised for leadership in renewables

Improving power demand, new capacity additions, high visibility over coal supply and electricity pricing, and attractive dividend yield augur well

FMCG stocks get a boost from improving prospects; analysts are bullish

Despite high valuations, analysts are bullish and upgrading targets on the back of volume and margin gains for companies

Improving prospects drive auto major Maruti Suzuki India's shares

Auto major seen gaining market after higher margins and volumes; valuations though may limit near-term upside

IT stocks witness fresh turbulence; posts biggest decline in nearly 2 mths

Software firm EPAM's guidance cut fresh trigger; underscores weak discretionary spending, say analysts

Astral's high growth prospects reflect well in its high valuation

After gaining 40% already in FY24, the stock is trading at a PE of over 100x

Heavyweights lift benchmarks; Sensex less than 1% away from all-time high

Shares of oil marketing companies fell close to a per cent, while oil producer ONGC gained 0.5 per cent, while RIL gained 0.9 per cent

Indices near record fresh lifetime highs as buoyancy returns to markets

The laggards include realty, power and IT stocks

Street Signs: Spotlight on IKIO, CSK hits unlisted market for a six & more

Chennai Super Kings (CSK) is a champion in the unlisted market. Shares of CSK have rallied more than 10 per cent following its surprise victory in the recently concluded IPL

Favourable winds blowing for cement sector, demand remains strong

Most of the majors have good balance sheets with low debt-to-Ebitda ratios

Despite headwinds Info Edge stock rally continues on strong Q4 performance

Notwithstanding the slowdown in IT hiring and rich valuation, most analysts remain positive

Coal India's long-term prospects remain healthy; analysts positive on stock

Investors may use any OFS-led decline in stock price to accumulate its shares

One-offs impacted Jan-Mar quarter, but FY24 likely to be better for ONGC

Management has guided for higher output; analysts' average target price is Rs 190, an upside of 20%

Stocks of asset management firms surge as regulatory uncertainty eases

Industry sees limited impact of new TER structure on profit

Stake hike, operational improvement should drive re-rating in ICICI Lombard

Most analysts are positive on the stock with target prices between Rs. 1,250 and Rs. 1,630

Optimism on the Street: Nifty Bank hits new record as indices gain

With banking stocks leading the gains, the Bank Nifty hit a new high of 44,375 points, a gain of 357 points or 0.8 per cent