Analysts at Elara Capital analysed market breadth cycles in India stock markets in the last few years and highlighted the worrying points that are developing for the first time in five years.
Technical charts show that the key momentum oscillators on Oil India and Campus Activewear are turning favourable, hence the stock may trade with a positive bias in the near-term.
The company's net profit dropped 9.8 per cent year-on-year (Y-o-Y) to Rs 46 crore in the December quarter of FY25, from Rs 51 crore in Q3FY24
The management has cut its revenue and margin guidance with revenue growth in FY25 now expected at 5 per cent (from 15 per cent) and margin expected at 9.25 per cent (from 9.5-10 per cent).
Analysts observed that Tata Consumer Products faced margin pressures primarily due to inflationary tea prices but continued to post robust volume growth across its beverage and food segments
The uptick in the L&T Tech share price came after the company announced that it has been awarded a multi-year $80 million deal with a US-based manufacturer of industrial products and solutions
DLF's robust pipeline, including unsold inventory at Dahlias worth Rs 23,000 crore, along with upcoming launches in Goa and Gurugram, analysts believe, is expected to continue supporting strong sales
At 1:40 PM, the TVS Motor share was trading 1.36 per cent lower at Rs 2,239.70. In comparison, BSE Sensex was trading 1.08 per cent lower at 75,369.28 levels
The Sensex needs to sustain above 77,000-mark for igniting a pre-Budget rally; Nifty daily chart shows that bearish momentum was showing some signs of tapering-off. India VIX likely to rise this week.
Jupiter Wagons' share price rose after the company announced that its Board of Directors will meet on January 29, 2025, to consider and approve raising funds
The uptick in the Paras Defence share came after the company announced that it has signed a MoU with the Maharashtra Government, for the proposed Optics Park Project in Navi Mumbai, Maharashtra
Going ahead, MOFSL expects the growth momentum to slow down in the near term due to the lack of BEL orders and a delay in order flows from existing and new clients.
Non-institutional investors (NIIs) have shown major interest in Stallion India IPO, subscribing at 216.08 times, while Retail investors have subscribed at 60.31 times
Reliance has formed a triple bottom pattern near the Rs 1230 zone, accompanied by bullish divergence on the RSI daily chart, signalling a potential trend reversal
However, we expect the focus to shift back to 'corporate earnings recovery' in the second half
CEAT's consolidated net profit (Bottomline) plunged 46.5 per cent year-on-year (Y-o-Y) to Rs 97.1 crore in the December quarter of financial year 2025 (Q3FY25), from Rs 181.5 crore in Q3FY24
HCLTech declared a dividend of Rs 18 per share, including a special Rs 6 per share dividend to commemorate 25 years since its public listing, marking its 88th consecutive quarter of dividend payouts
Notably, Biocon share price has surged about 6 per cent in the last two sessions
Shares of Delta Autocorp continued their northward march post-listing to hit the 5 per cent upper circuit at Rs 183.75 per share on the NSE SME
Several brokerages have revised their target prices for DMart, citing concerns about sustained margin pressure.