Posts in category All News
Q1 results today: RIL, Wipro, Paytm among 51 companies to announce earnings on Friday (19-07-2024)
Several major companies, including Reliance Industries, Wipro, and Paytm, are set to announce their first quarter results today. Expectations range from profit growth to revenue declines across different sectors. Investors are advised to stay informed and watch out for key updates.
Big movers on D-Street: What should investors do with Bajaj Auto, Ultratech and KEC International? (19-07-2024)
Stock markets hit new highs as Sensex crosses 81,000 and Nifty tops 24,800. Expert opinions on Bajaj Auto, Ultratech, and KEC International provide insights for investors. Recommendations include price targets and stop loss levels for risk management.
Devang Mehta is now betting on 5 Cs; here’s what he means (19-07-2024)
Devang Mehta focuses on consumption, capex, and credit growth. He notes positive trends in RIL, banks, FMCG, NBFCs, IT stocks, and mentions sector rotation, Budget, FIIs, infrastructure aiding capex, and strong credit growth. Corporate profitability, cash flow strength, energy, hotels, spiritual tourism, corporate travel, ROEs, LTIMindtree, GMR Airports, InterGlobe Aviation, and Nasdaq impact are emphasized.
Be cautious, wall of money driving markets; global market-related sell-off could come: Sandip Sabharwal (19-07-2024)
Sandip Sabharwal stresses tax relief to revive consumption, essential for GDP growth, and warns of a possible market sell-off next week or next month. Aditya Birla’s competition may drop Asian Paints’ valuations. Infosys shows cautious optimism. Paytm’s future remains uncertain. Gains for Dabur and Hindustan Unilever spotlighted, alongside TTML, Godrej Consumer, and Jyothy Labs in Budget and FMCG trends with rural exposure plays.
Will there be more upside for Infosys stock after its Q1 earnings? Mahantesh Sabarad answers (19-07-2024)
Yes, of course, the guidance, the upgrade and the number beat should mean that we will have a lot of upgrades happening from the street, upgrades particularly in terms of later quarter, that means the run rate would likely start growing or remain elevated as we move ahead. So, it will not be just 200 or 300 bps in terms of upgrades of earnings, it could be well over 400-500 bps kind of number.
Gold set for fourth weekly rise on US rate-cut bets (19-07-2024)
Gold prices dip slightly but set for fourth consecutive weekly increase. Anticipation of U.S. interest rate cut in September boosts demand for gold. Federal Reserve hints at potential rate cuts amid improving inflation trends. Unemployment claims rise, influenced by temporary closures and disruptions. Young affluent investors show interest in gold, according to study.