Posts in category Economic Times
RIL Q4 Preview: Street eyes strong revenue, EBITDA growth despite likely fall in profit (21-04-2024)
Oil-to-telecom conglomerate Reliance Industries Ltd (RIL) is expected to report healthy numbers for the quarter ended March 2024, driven by robust O2C business and healthy growth in the consumer-facing businesses of Jio and retail.
Pashupati Advani on where he is taking some chips off the table & what stocks he is buying now (21-04-2024)
Pashupati Advani expresses concerns about the IT sector's changing business models and the potential dominance of big American companies in AI. He is optimistic about the growth in the infrastructure sector, particularly for construction and cement companies benefiting from various projects. Advani says: "If you have moved into some good, profitable government companies over the last six months, you have done very well and that is where we should continue to go even now."
Avoiding IT stocks; 4 sectors to buy into now: Chakri Lokapriya (21-04-2024)
Chakri Lokapriya discusses earnings upgrades in infra, auto, metals. Maruti's EV models offer growth potential. TCS projects higher growth than Infosys. Wipro faces challenges with new CEO. The approach to automobiles sector is not only betting on things which do not only make products for EVs, but for both types of automobiles.
NSE IX gets SEC class relief; permits US clients to trade on equity index option contract (20-04-2024)
NSE International Exchange (NSE IX) has received US Securities Exchange Commission (SEC) class relief, allowing US clients to participate in trading Equity Index Option Contracts on the bourse, according to a statement.
Solar cell maker Premier Energies files IPO papers to raise more than Rs 1,500 crore (20-04-2024)
Premier Energies IPO consists of a fresh issue of equity shares aggregating up to Rs 1500 crore and an Offer for Sale (OFS) of up to 2,82,00,000 shares by the selling shareholders.
Nirmal Bang initiates coverage on 2 housing finance stocks with upside potential of up to 30% (20-04-2024)
Nirmal Bang initiates coverage on HFFC and Aavas Financiers, foreseeing growth opportunities. HFFC has 30.5% upside, Aavas 14%. AHFCs positioned for growth despite challenges. India's housing market shows potential for affordable housing finance sector.
Concurrent Losers: These 7 Nifty stocks slipped for 5 trading days in a row (20-04-2024)
ETMarkets pinpointed 7 stocks within the Nifty50 index that consistently saw a fall in price throughout the last 5 trading sessions.
Use stock market volatility as buying opportunity: Rajesh Palviya (20-04-2024)
Raymond managed to give a breakout of its multiple supply zone. The stock is comfortably holding above all its near-term, short-term moving average. The way the stock has shown breakout on the daily time frame with the volume action, that clearly shows this stock can exhibit good amount of rally in coming days, according to Rajesh Palviya of Axis Securities.
Expect banks to start rallying from June: Ajay Bagga (20-04-2024)
Market expert predicts growth in capital goods, infrastructure, and domestic cyclicals while cautioning about global cyclicals. FMCG sector set to benefit from monsoon. Banks may rally after July budget. Iran's supply chain control impacts oil markets.
HDFC Bank declares Rs 19.5 dividend for FY24. Check record date (20-04-2024)
HDFC Bank declared a Rs 19.50 dividend per equity share for the March quarter. Bank's profit surged 37.1% YoY to Rs 16,512 crore.