While the rally on Friday of 1,961-points was mostly led by positive global cues amid some buying in Adani group shares, the up move on Monday was triggered by the outcome of Maharashtra polls
Ram Prasad Sahu lists top picks by brokerages for Samvat 2081
At 02:38 pm; with a marketcap of Rs 62,392 crore MOFSL was quoting 12% higher backed by a combined volume of 14.14 million equity shares on the NSE and BSE.
Thus far in the current calendar year 2024, the stock has zoomed 165 per cent, as compared to 15 per cent rise in the BSE Sensex, data shows.
Gravita India hit a new high of Rs 1,967.20, as it rallied 9% on the BSE in Wednesday's intra-day trade after MOFSL initiate coverage on the stock with 'buy' rating and target price of Rs 2,350.
Expectations (as measured by pre-budget equity market performance), wrote analysts at Morgan Stanley in a note, are important in determining what the market does immediately after the budget
The fund aims for long-term capital appreciation by investing in quality midcap companies with sustainable competitive advantages and significant growth potential
Mahindra & Mahindra Financial Services has deferred its Q4 earnings meeting and subsequent announcement due to fraud detected by the company
Shanker discusses how the wealth management firm is rebalancing client portfolios and scaling back small and midcap allocations to desired levels
In the past one month, Bharti Airtel has outperformed the market by surging 9 per cent, as against less than 1 per cent rise in the BSE benchmark index.
The concern for most brokerages is valuations. Given the sharp rally in midcap and smallcap indices, investors are better off sticking with largecaps in 2024
Adani Ports, Hindalco among stocks with 100 per cent 'Buy' rating by analysts.
Takes exposure to two projects--one commercial, the other a residential township
The AMC had suspended fresh subscriptions to these schemes in Jan after the MF industry came close to breaching global investment limit
ICL's challenges come at a time when the cement industry in India is under pressure owing to a sharp rise in raw material prices leading to a lower capacity utilisation of around 64%
A private equity fund promoted by domestic brokerage Motilal Oswal on Monday announced that it has garnered commitments of Rs 4,500 crore for a new platform. The fund was raised primarily from high net-worth individuals and family offices by Motilal Oswal Alternatives (MOA) for the India Business Excellence Fund (IBEF) IV, as per an official statement. With the latest close, the overall assets under management for MOA touches Rs 14,000 crore, and three-fourths of the money or commitments have been sourced from domestic investors from 55 cities. The newest fund is sector agnostic one which will look for opportunities in the consumer, financial services, life sciences and niche manufacturing, it said. Acknowledging the growth in the startup ecosystem, it said 10-15 per cent of the investments will be in the tech sector, it added. Even before the final close, IBEF IV has already made two investments -- in Mankind Pharma-promoted diagnostic chain Pathkind and tile manufacturer Simpolo
A similar view was shared by Raamdeo Agrawal, co-founder and joint managing director, Motilal Oswal Financial Services, who suggested that Indian equity markets were on the cusp of a major bull-run
The stock had recently hit a fresh 52-week low of Rs 1,900 on December 27, 2021
FPIs have cornered the bulk of the free float available in sectors such as private banks, real estate, and insurance.
Analysts say the decline in ownership is due to underperformance of financial stocks - the biggest overweight sector for FPIs