Author: India

Multiple vertical counts are already active which imply a move above Rs 2,000 over the next six months, translating to a minimum upside of 35 percent. In a bull case scenario, the stock is expected to surpass Rs 2,200, say experts. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] […]

Hemant Kanawala, Senior EVP & Head – Equity, at Kotak Mahindra Life Insurance Company feels MPC (Monetary Policy Committee) may announce additional support of Rs 1 lakh crore through GSAP program and can also provide specific measures for sectors like travel and tourism which are more impacted in the current lockdown. The MPC started off […]

Stocks that were in focus include Motherson Sumi which rallied over 13 percent to hit a fresh 52-week high post-March quarter numbers, and Sumitomo Chemical rallied nearly 14 percent on Wednesday. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] […]

Gautam Duggad, Head of Research, Institutional Equities at Motilal Oswal Financial Services expects the Reserve Bank of India (RBI) to maintain its accommodative stance and prioritize growth. He expects BFSI (banking, financial services & insurance) to lead the rally as unlock measures progress. Edited Excerpts:- Q: What is your reading on the RBI monetary policy concluded […]

Sensex slipped 85.40 points or 0.16% to 51,849.48 on June 2 while the Nifty closed 1.30 points or 0.01% higher at 15,576.20. “Indices staged a smart recovery in late afternoon trade after being in the red for the most part of the day. Broader markets too displayed resilience as we saw interesting buying in state-owned […]

Sensex slipped 85.40 points or 0.16% to 51,849.48 on June 2 while the Nifty closed 1.30 points or 0.01% higher at 15,576.20. “Indices staged a smart recovery in late afternoon trade after being in the red for the most part of the day. Broader markets too displayed resilience as we saw interesting buying in state-owned […]

The stock hit a record high of Rs 374.80 on June 2. It has rallied about 18% in May, 40% in 2021 YTD, and over 100% since June 1, 2020. Read on to know if it is still a buy ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = […]

The stock hit a record high of Rs 374.80 on June 2. It has rallied about 18% in May, 40% in 2021 YTD, and over 100% since June 1, 2020. Read on to know if it is still a buy ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = […]

The stock hit a record high of Rs 374.80 on June 2. It has rallied about 18% in May, 40% in 2021 YTD, and over 100% since June 1, 2020. Read on to know if it is still a buy ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = […]

The stock hit a record high of Rs 374.80 on June 2. It has rallied about 18% in May, 40% in 2021 YTD, and over 100% since June 1, 2020. Read on to know if it is still a buy ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = […]

The stock hit a record high of Rs 374.80 on June 2. It has rallied about 18% in May, 40% in 2021 YTD, and over 100% since June 1, 2020. Read on to know if it is still a buy ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = […]

The stock hit a record high of Rs 374.80 on June 2. It has rallied about 18% in May, 40% in 2021 YTD, and over 100% since June 1, 2020. Read on to know if it is still a buy ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = […]

Stocks that were in focus on June 1 include PNB Gilts which rallied by 20 percent to hit a fresh 52-week high, Rupa & Company also surged 20 percent, and Capri Global, too, closed with gains of nearly 20 percent. All three stocks hit a fresh 52-week high during the trade. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] […]

Ajit Banerjee, Chief Investment Officer at Shriram Life Insurance, is of the opinion that if the coronavirus situation is controlled in the country with vaccination mitigating the third wave, India’s GDP growth for FY22 could be around 10-10.5 percent, He expects the Reserve Bank of India’s monetary policy committee (MPC) to continue maintaining its accommodative […]

Vinod Nair, Head of Research at Geojit Financial Services, expects Nifty to rise up to 16,000 by December 2021 based on improved economic growth from Q2 FY21 onwards. According to him, mid & small-caps can continue their buoyancy at least in the short to medium term because they are disconnected compared to the performance of largecaps. […]

With the earnings season drawing to a close, the markets would focus on global markets and upcoming monetary policy review meet for cues, say experts. Indian market closed flat on June 1 as investors preferred to book profits after four days of the rally. The S&P BSE Sensex had a touch-and-go moment with 52,000-level while […]

The month of May which started with pessimism amid rise in COVID cases created history as Nifty50 surpassed its earlier peak of 15,431 (on February 16) to hit a fresh record high of 15,469 on May 28. The Nifty50 rallied 6.5 percent in May while the S&P BSE Sensex rose 6.4 percent. Sensex is still […]

Rakesh Jhunjhunwala holds 2.06 percent stake in Prozone Intu Properties Ltd as per March shareholding data while Radhakishan Damani holds 1.26 percent stake in the company. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var […]