Under the Harris and Biden White House, there has been a lot of scrutiny on a lot of these mega cap tech companies here at home and moving away from that would probably ease some pressure on those largecap names
Posts in category Economic Times
Reduce TTK Prestige, target price Rs 750: HDFC Securities (06-11-2024)
HDFC Securities advises reducing positions in TTK Prestige Ltd., setting a target price of Rs 750. The company is optimistic about improved demand trends but has lowered its earnings estimates for FY25-27. TTK Prestige reported a net profit of Rs 52.25 crore for the quarter ending September 2024, with a 26.36% rise in total income.
Stock market update: Power stocks up as market rises (06-11-2024)
The 30-share BSE Sensex was up 623.26 points at 80099.89
GAIL shares jump 6% as Q2 results cheers Street (06-11-2024)
GAIL (India) Ltd reported a 11% rise in net profit to Rs 2,672 crore in the September quarter, driven by growth in gas transmission and a turnaround in the petrochemical business. Despite a drop in gas marketing operating profit, the company saw increases in transmission and petrochemicals.
IRCTC shares 3.03% as Sensex rises (06-11-2024)
The stock quoted a 52-week high of Rs 1148.30 and a 52-week low of Rs 664.40.
Share market update: Most active stocks of the day in terms of total traded value (06-11-2024)
The NSE Nifty index was trading 172.71 points up at 24386.0
Stock market update: FMCG stocks up as market rises (06-11-2024)
The 30-share BSE Sensex was up 471.12 points at 79947.75
Buy AIA Engineering, target price Rs 4,455: LKP Securities (06-11-2024)
LKP Securities recommends buying AIA Engineering Ltd. with a target price of Rs 4455. AIA Engineering reported a consolidated total income of Rs 1134.31 crore for the quarter ending 30-Sep-2024, along with a net profit after tax of Rs 256.00 crore. The company expects a reduction in FY25 volumes but remains optimistic about long-term prospects.
From cricket to correction: Samir Arora on markets, sectors & investing smartly (06-11-2024)
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.
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.