Value stocks have started to underperform on Dalal Street, while quality stocks are gaining traction. S Naren of ICICI Prudential Mutual Fund discusses why he is shifting towards quality-oriented value stocks and the importance of asset allocation. He also highlights sectors like banking and financial services as having significant value currently.
Posts in category Economic Times
Share price of REC rises as Nifty strengthens (18-09-2024)
A total of 178,158 shares changed hands on the counter till 09:59AM (IST).
Stock market update: Nifty Pharma index falls 0.36% in an upbeat market (18-09-2024)
The Nifty Pharma index was trading 0.36 per cent down at 23298.8.
These 4 F&O stocks saw a high increase in futures open interest (18-09-2024)
As of September 17, four stocks in the NSE F&O pack experienced a significant increase in futures open interest, contributing to a total rise of over 10% from the previous trade.
Nifty Realty down 7% from peak. Can property stocks buck sectoral churning to remain on top? (18-09-2024)
The Nifty Realty index, representing top real estate stocks, has declined by 7% over the past three months due to election-related delays in project approvals and launches. Despite this, some stocks remain strong performers. Experts anticipate that interest rate cuts and the festival season could boost real estate demand.
Bet on these 5 NBFCs as highly-anticipated rate cuts promise windfall for investors (18-09-2024)
With interest rate cuts expected this year, non-banking financial companies (NBFCs) are set to benefit significantly. Analysts highlight the potential for growth in NBFC assets under management, especially in consumer finance and gold-based lending. Stocks like Bajaj Finance, M&M Financial Services, and Shriram Finance are recommended for investment due to their strong asset quality and favorable loan compositions.
IT stocks drag Sensex, Nifty lower ahead of Fed meet outcome (18-09-2024)
Dalal Street remained cautious ahead of the US Fed meeting, with Sensex and Nifty flat; Bajaj Housing Finance continued its rally.
NLC India among 8 stocks showing RSI trending up (18-09-2024)
On September 17, eight stocks from the Nifty500 pack appeared in the RSI Trending Up scan, according to the stockedge.com data.
Small diversions on a one-way street (18-09-2024)
Indian markets have shown resilience, with Sensex and NIFTY 50 recording positive returns since 2015. Despite challenges like the COVID-19 pandemic and foreign investor outflows, strong earnings growth and domestic capital have driven the market. However, high valuations and potential risks like slower earnings growth and political instability could impact future performance.
Torrent Power and 2 other stocks close below VWAP (18-09-2024)
On September 17, the closing prices of three stocks from Nifty500 dropped by about 2-3% relative to the VWAP, and a shift below the VWAP suggests a potential bearish trend.