Indian investors have invested over $70 billion in local stocks in the first ten months of this year, a potential annual record. This surge in domestic investment contrasts with the exit of global funds, driven by high valuations, China’s market rebound, and disappointing corporate earnings.
Posts in category Economic Times
Divis Labs shares 0.56% as Sensex falls (26-11-2024)
A total of 6,438 shares changed hands on the counter till 02:02PM (IST)
Marico, Piramal Enterprises among 5 stocks with long buildup (26-11-2024)
A long buildup happens in the Futures and Options segment when open interest and trading volumes rise along with an increase in the underlying stock price, indicating a bullish market trend.
Impact of Donald Trump government on Indian markets; 8 factors to watch out for (26-11-2024)
Donald Trump’s potential return to the White House could significantly impact India. Trade tariffs and immigration policies may tighten. India could benefit from supply chain diversification and lower oil prices. Capital flows, currency, and the IT sector will also be affected. The US-India relationship will likely remain strong despite potential policy shifts.
Ambuja Cements shares 1.77% as Nifty falls (26-11-2024)
The stock quoted a 52-week high price of Rs 706.85 and low of Rs 415.65.
Au Small Fin Bank share price 0.97 per cent (26-11-2024)
A total of 19,640 shares changed hands on the counter till 01:53PM (IST).
Indian Hotels 0.66% as Sensex (26-11-2024)
The stock traded at a P/E multiple of 68.08, while the price-to-book value ratio stood at 8.90.
YES Securities initiates coverage on TIPS Music, sees upside potential of 18% with target price of Rs 1,050 (26-11-2024)
YES Securities has initiated coverage on TIPS Music with a “Buy” rating and a target price of Rs 1,050, suggesting an 18% upside from the current price. The stock rose 1.7% to Rs 888.65 on Tuesday. The bullish outlook is supported by the growth of digital platforms and rising music streaming adoption.
Emcure Pharma shares advance 10% as Kotak Equities sees 28% upside in stock (26-11-2024)
Driven by strong organic growth, an in-licensing agreement with Sanofi, the consolidation of Mantra, and the resolution of most legal challenges, Emcure is projected to achieve a 13% overall sales CAGR between FY2024 and FY2027. Enhanced productivity following a 20%+ expansion in field force since FY2022, along with increased utilisation of new facilities, is expected to contribute to robust EBITDA and EPS CAGRs of 18% and 29%, respectively, during the same period.
Harish Krishnan on 3 dark horse sectors offering long-term buying opportunities (26-11-2024)
So, we think that there are three sectors which we classify as dark horse sectors, sectors which have not done really well from a three- to five-year perspective, where ownership levels in the street are very low and where there is a potential chance for a revival over the course of the next three years or so. Topping the list would be cement sector, then you have got the metal sector and the consumer durable sector.