The recent stock run-up largely captures growth momentum; expensive valuation limits upside, analysts at ICICI Securities said.
Posts in category Business Standard
Jewellers see 40% jump in sales on Akshaya Tritiya despite high gold prices (24-04-2023)
Jewellery sales are expected to have increased by more than 40 per cent this Akshaya Tritiya, said GJC chief Sayam Mehra
HDFC Life soars 8% as RBI allows HDFC Bank to increase stake beyond 50% (24-04-2023)
RBI’s permission to increase stake in subsidiaries puts an end to the overhang on the stock, said Motilal Oswal in a note.
Reliance Industries gains 1% post March quarter results (24-04-2023)
The company reported its highest-ever net profit during the quarter, due to a decline in raw material costs and big savings on tax expenses
Adani Ports & SEZ starts first bond buyback after Hindenburg report (24-04-2023)
The company also said it plans to buy back $130 million of the 3.375% senior notes in each of the next four quarters
MARKET LIVE: Q4 results to guide indices; RIL, ICICI, YES Bank in focus (24-04-2023)
Stock market LIVE update: Reaction to Reliance Industries and ICICI Bank’s January-March (Q4) results will guide the market direction in early hours on Monday
Stocks to watch: RIL, ICICI Bank, YES Bank, Hindustan Zinc, Sun Pharma (24-04-2023)
Stocks to watch today: From Reliance Industries to ICICI Bank, here are top stocks to watch in Monday’s trading session
Chart suggests ‘Sell on rise’ strategy for Nifty Bank index (24-04-2023)
According to Ravi Nathani, an independent technical analyst, the Bank Nifty is expected to face resistance around 42,615-42,950-43,600.
Corporate share in MF AUM sinks below 40% since FY10, shows data (24-04-2023)
Debt MFs, which receive the bulk of corporate money, have seen sustained outflows for over a year. As a result, debt MF AUM declined 9 per cent in 2022-23 to Rs 11.8 trillion
Street signs: Defence stocks may rise, Mankind Pharma IPO, and more (24-04-2023)
After having recorded seven straight months of outflows, equity savings schemes are expected to witness a change of fortune in the months ahead