Aakash Shah, technical research analyst at Choice Equity Broking, is bullish on the shares of Finolex Cables, Grindwell Norton, and Silver Touch
In last two financial years, retail investors increased holding in 118 Nifty 500 stocks where FIIs cut stake; of these 65 stocks trade below March 2024 levels amid tepid market mood, shows data.
Stock market this week will track simmering tensions in West Asia, its impact on crude oil prices, and trading activity of foreign investors, analysts said. The trading week may begin on a cautious note following a sharp decline in the US markets over the weekend, an expert said. Besides, progress of monsoon and inflation data announcement will also be important factors to watch out for. "This week will be driven by key inflation, and global macroeconomic data releases. In India, investors will closely track inflation data for May, scheduled for release on June 12, along with foreign exchange reserves data on the same day. "Globally, developments around the US-Iran negotiations and their implications for crude oil prices, currency movements, and overall risk sentiment will remain in focus," Ajit Mishra, SVP, Research, Religare Broking Ltd, said. US markets ended sharply lower on Friday, with the Nasdaq Composite tumbling 4.18 per cent. The S&P 500 dived 2.64 per cent and Dow Jones
Sensex Today | Stock Market Highlights, Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.35 per cent and 0.06 per cent down, respectively
Sai's management reiterated long-term guidance of 15-20 per cent revenue CAGR with 28-30 per cent steady state EBITDA margin over the next two to three years.
In the past six months, Adani Energy Solutions stock zoomed 61 per cent as against a 13.3 per cent dip in the BSE Sensex.
At 11:29 AM on Friday, the BSE India Defence index was the top gainer among thematic indices up 1 per cent as compared to 0.11 per cent rise in the BSE Sensex.
Bajaj Finance, Shriram Finance, Cholamandalam Investment, REC and Power Finance Corporation were up between 2.5 per cent 4 per cent in intra-day deals on Friday.
In the past month, Vodafone Idea's stock price has outperformed the market by soaring 41 per cent, compared to a 3.2 per cent decline in the BSE Sensex.
According to NSE, Aditya Birla Sunlife Mutual Fund has purchased 2.1 million shares of Digit General Insurance, while JPMorgan (Taiwan) Eastern Technology Fund also acquired 1.1 million shares.
At $10 billion valuation, the listing could would put Airtel Money among the largest IPOs on a European exchange in recent years. London is the most likely location for the listing of Airtel Money.
Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.46 per cent and 0.49 per cent higher, respectively
A shareholder's complaint about unpaid receivables triggered a two-year investigation that led Sebi to question revenues, disclosures and overseas operations at Rajesh Exports
In FY27, Arvind's management expects to maintain the growth momentum to grow at a double digit with high double-digit growth in Advanced Materials and mid-teen growth in Garments.
The stock price of the telecom equipment & accessories company was frozen at the upper circuit for the ninth straight trading day, surging 55 per cent during the period.
Bhaskar Basu, Kamal Mulchandani, and Prakhar Sharma, equity analysts at Jefferies, expect PFL to deliver a 33 per cent AUM CAGR - the fastest among major NBFCs
The average trading volumes at Savita Oil stock counter jumped multi-fold with a combined 8.32 million shares representing 12% of total equity changing hands on the NSE and BSE.
The brokerage said Suzlon is recalibrating its strategy from product sales to project sales and, eventually, to becoming a solutions provider
Ideaforge's revenue is likely to grow at a steady rate over the medium term, in line with geographical diversification, healthy demand, strong order book, and product addition, believes Crisil Ratings
JM Financial has reiterated its 'Buy' rating on Tenneco Clean Air India, saying a strong order book gives earnings visibility. The brokerage maintained its target price of ₹680 per share.