Samir Arora, Founder of Helios Capital, compared recent market corrections to a cricket series, stating that despite the pullbacks, the market outlook remains positive. He emphasized that this correction contributes to a healthier investment environment and suggests investors focus on companies with strong fundamentals for sustainable returns.
Posts in category All News
ACME Solar IPO opens: Should you invest? Check GMP, brokerage views, & more (06-11-2024)
The public issue of ACME Solar Holdings is a book-built issue of Rs 2,900 crore, consisting of an offer for sale of 17,474,049 shares, and a fresh issue of 82,871,973 shares
Manappuram Finance (06-11-2024)
The plan is to position Ashirwad Microfinance’s rates among the lowest in the industry
- eliminating risk-adjusted high-interest rates.
- This strategy is expected to drive growth.
I believe it’s a masterstroke by Manappuram.
With this approach the lowest interest rates growth will be high
These 5 stocks saw a high increase in futures open interest (06-11-2024)
A significant uptick in futures open interest signifies a substantial growth in the number of active, unexpired futures contracts in a specific security.
Dr Reddy’s Labs shares up 3% after Q2 results. What should investors do? (06-11-2024)
Dr. Reddy’s Labs reported a 15% decline in Q2 net profit, despite a 17% rise in revenue driven by global generics. While analysts acknowledge the strong revenue momentum, opinions are divided on the stock’s future prospects, with ratings ranging from ‘Buy’ to ‘Sell’.
Sensex jumps over 550 points, Nifty tops 24,350 as Trump powers through US exit polls (06-11-2024)
Driven by gains in financial and IT stocks, Indian benchmark equity indices, Sensex and Nifty50, opened higher on Wednesday amid the U.S. presidential election results. Asian markets traded lower as early U.S. presidential election results suggested a tight race. Analysts believe a Trump or Harris win could have varying impacts on Indian stocks.
Hindustan Zinc shares plunge over 7% on govt plan to sell 2.5% stake via OFS (06-11-2024)
The Indian government sold a portion of its stake in Hindustan Zinc. The sale involved up to 2.5% of the company’s shares. This move caused share prices to drop over 7% on the Bombay Stock Exchange. The floor price for the sale was set at a discount compared to recent market values.