Earnings for the 151 MOFSL Universe companies rose 14 per cent year-on-year (Y-o-Y), above the brokerage's 9 per cent estimate.
Among individual stocks, Infosys has risen by 4 per cent, while Tata Consultancy Services (TCS) and HCL Technologies have risen by 5.8 per cent and 9.8 per cent, respectively thus far in October
Analysts at PL Capital expect domestic-oriented sectors to outperform, naming banks, NBFCs, autos, retail, consumer staples, defence, metals, and select consumer durables as top picks.
The Nifty50's index rebalancing will come into effect from September 30, 2025, forcing MFs and ETFs managers to buy and sell their holdings in IndusInd Bank, IndiGo, Max Health, Hero MotoCorp
Markets gain on Fed rate cut hopes, US trade deal optimism, and GST-driven sentiment boost
Nifty gained for the seventh straight session, closing above 25,000 for the first time since August 21, though the rally's pace was modest compared to April's strong surge
Sensex and Nifty ended flat on Thursday but broke a six-week losing run, supported by gains in banking and IT stocks, as FPIs covered shorts ahead of the US-Russia summit
While mid- and small-cap stocks have delivered outsized gains recently, valuations are stretched in several pockets.
The aggregate earnings of the 184 companies in MOFSL's coverage rose 7 per cent year-on-year (Y-o-Y) in Q1FY26, matching the brokerage's estimates.
Historically, the combination of narrowing earnings differential, high valuations and prolonged outperformance, Nuvama said, has led to a large period of underperformance for SMIDs (2018-19)
As a strategy, they have moved utilities sector to equal weight. Financials, Telecom, small discretionary, remain their overweight sectors.
At 11:50 AM, BSE Sensex was trading at 82,469.36, down by over 100 points or 0.12 per cent. Whereas, Nifty was just trading below 25,200 level, down by over 25 points or 0.10 per cent.
At 02:40 PM, shares of Transformers & Rectifiers were trading at ₹516.50, up by 4.81 per cent on the National Stock Exchange.
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At 09:50 AM, Nykaa shares were trading at ₹200.73, up by 1.26 per cent on the National Stock Exchange
Analysts expect Nifty to rise up to 6 per cent in six months, with intermittent corrections likely due to global factors
YES Bank shares jump 6 per cent ahead of the board meeting to discuss fundraising on June 3
India needs to be watchful of any increased risk of trade diversion into the country due to changing global tariffs, top steel industry executives said reacting to the tariff-related announcement by the US. Major steel players JSW Steel and AMNS India said there is a need to implement necessary trade measures proactively as every country is protecting their industry. US President Donald Trump on Friday told Pennsylvania steelworkers that he would double the tariff on steel imports to 50 per cent to protect their industry, a dramatic hike that could further increase prices for a metal used to make housing, autos and other goods. In a post later on his Truth Social platform, he said aluminum tariffs would also be doubled to 50 per cent, and both tariff hikes would go into effect Wednesday. "We need to implement necessary trade measures proactively and in time," JSW Steel Joint MD and CEO Jayant Acharya told PTI. Sharing his views, the industry leader said there is likely to be incre
Nifty Trading Strategy, May 28: Nifty share price has been finding it difficult to cross the 25,116-resistance and continues to remain choppy. Among stocks, MOIL, Crompton Greaves look bullish
Sensex and Nifty end the week down 0.7 per cent as FPIs pull back on US fiscal worries; Friday sees rebound with gains in Reliance and easing US bond yields