DAILY VOICE | Indian market a tad expensive than its peers, China still cheaper: Nitin Sharma of Fidelity International

Nitin Sharma, Director Research & India Site Head, Fidelity International, believes mid and smallcap space still has some quality plays and stock-specific investment is the right approach in the current market. Sharma has more than 20 years of experience in the capital markets in varied roles such as analyst, portfolio manager, and research team builder […]

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Axis Bank, SBI, BPCL may rally over 10% each in next 3-4 weeks – here’s why: Ashish Chaturmohta

The next level is the all-time high of 15431 which will be the immediate level for next week. Crossing above this next level is seen at 15785, says Chaturmohta. Ashish Chaturmohta, Head of Derivatives and Technical Analysis, Sanctum Wealth Management ‘); $ (‘#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’] = […]

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FO Expiry week outlook | Nifty may end May series between 15,100-15,400 levels: Aditya Agarwala of Yes Securities

Broader markets continue to remain resilient as the number of COVID-19 cases has started to decline leading to hopes of the economy reopening faster than expected. A successful breakout from this consolidation resistance could lead to a significant up move in the realty stocks in the coming months. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // […]

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Shree Cement Q4 profit jumps 30.5% to Rs 767.6 crore, beats estimates

Employee cost at Rs 244.24 crore in Q4FY21 increased by 44.5 percent over Rs 169.07 crore in Q4FY20 due to increments impact for FY21, the company said. ‘); $ (‘#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=”; […]

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DAILY VOICE | Naveen Chandramohan of ITUS believes in 4 broad themes that every investor should own in portfolio

“I would be extremely weary of the US markets from a risk-reward perspective today,” said Naveen_Chandramoh. Naveen Chandramohan, Founder & Fund Manager of ITUS Capital, advised that an investment strategy should be formed on the basis of sound fundamentals. “When volatility in market conditions result in price drop, it gives a wonderful opportunity for investors […]

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Prashant Khemka of White Oak Capital finds portfolio opportunities in these 4 sectors

Prashant Khemka, Founder of White Oak Capital, feels the market should deliver low double-digit returns annually. After Q4 earnings so far, “management commentary from on-going results season suggests that companies are better prepared compared to last year to deal with supply chain disruptions due to the local lockdowns,” he said in an interview to Moneycontrol’s […]

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SBI Q4 profit jumps to Rs 6,450.7 crore, but misses analyst estimates

Net interest income rose 18.9 percent to Rs 27,067 crore in Q4FY21 compared to Rs 22,767 crore in the corresponding quarter of last fiscal. SBI | Representative image ‘); $ (‘#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 […]

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Hindalco Q4 profit jumps 189% helped by Novelis, India aluminium business

In FY21, Hindalco reported an 8 percent decline in consolidated profit at Rs 3,483 crore, but revenue increased 12 percent to Rs 1,31,985 crore compared to the previous year. Source: Reuters ‘); $ (‘#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’] […]

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How to pick stocks in mid smallcap space?

Midcap-and-smallcap indices, which have more than doubled from March 2020 lows, hit a fresh record high recently and are back on investors’ radar. Historic outperformance should not be the sole criteria while picking stocks. Promoter holding, debt on books, business model, and balance sheet strength would be key factors to look at. Midcap stocks tend […]

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DAILY VOICE | India not expensive relative to other emerging markets: Jyotivardhan Jaipuria of Valentis

Jyotivardhan Jaipuria, Founder and CEO at Valentis Advisors Pvt Ltd, said that even though valuations look bloated, India market it not expensive relative to other emerging markets. Jaipuria who is also popularly known as “Jyoti” is a market veteran of 35 years. Prior to founding Valentis, Jaipuria served as the Head of Research and strategist for India at Bank of America […]

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Trade Spotlight: What should investors do with HFCL, JustDial Ruchi Soya?

Here’s what Shrikant Chouhan of Kotak Securities recommends investors should do with these stocks when the market resumes trading today: ‘); $ (‘#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 url = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; $ .get( “//www.moneycontrol.com/mccode/common/rhsdata.html”, […]

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IWML Standalone March 2021 Net Sales at Rs 54.80 crore, down 40.94% Y-o-Y

May 20, 2021 / 09:31 AM IST ‘); $ (‘#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 url = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; $ .get( “//www.moneycontrol.com/mccode/common/rhsdata.html”, function( data ) { $ (‘#backInner1_rhsPop’).html(data); $ .ajax({url:url, type:”POST”, dataType:”json”, data:{q_f:typparam1,wSec:secglbVar,wArray:lastRsrs}, success:function(d) { […]

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