The domestic primary market was abuzz with activity in Samvat 2080, with 13 IPOs turning multibaggers. Motisons Jewellers led with a 444% return. Other notable performers include Doms Industries, Jyoti CNC Automation, Tata Technologies, Senco Bharti Hexacom, Suraj Estate Developers, Platinum Industries, Diffusion Engineers, Protean e-Gov Technologies, Premier Energies, Exicom Tele Systems, and KRN Heat Exchanger.
Posts in category Economic Times
F&O Talk| Nifty key buying zone near 23,500-23,700 level, rally up to 26,500 expected in near-term: Sahaj Agrawal of Kotak Securities (26-10-2024)
Investor sentiment has soured amid ongoing geopolitical tensions and a swift pullback from foreign investors, leading to market declines. Market experts believe that persistent foreign selling and limited domestic triggers may continue to weigh on market sentiment in the near term. Analyst Sahaj Agrawal of Kotak Securities interacted with ET Markets regarding the outlook on the market amid the recent correction and ahead of Samvat 2081.
This Diwali, dispel 3 evils and refresh your portfolio (26-10-2024)
Indian stock markets delivered strong returns over the past 3-5 years. Mid-cap and small-cap indices outperformed, offering 12-20% returns. Real estate showed moderate growth, while gold and debt offered lower but stable returns. Equities clearly outperformed. However, Diwali 2024 brings a reminder to re-evaluate and refresh investment portfolios, letting go of the old and non-performing elements for a fresh start.
After falling for 4 weeks, a pullback is possible in Nifty. Here’s why (26-10-2024)
The recent Nifty 50 downturn has raised concerns. Historically, the Nifty has shown a pattern of retracing to its moving averages before resuming its uptrend. However, the current decline below the 100-day moving average raises questions about a deeper trend. An analysis of past occurrences reveals an optimistic outlook. When the market has corrected by 5% or more over four consecutive weeks, the Nifty has shown strong forward returns over the subsequent months.
Waaree Energies GMP suggests robust listing, but long term rewards are equally promising (26-10-2024)
Waaree Energies shares are trading with a GMP of Rs 1,350 in the grey market, indicating a 90% premium, ahead of its listing on the bourses. Analysts expect a strong listing due to the company’s strong fundamentals and leadership in the solar energy sector. The stock could reward investors beyond the listing gains.
Fund Manager Talk | Many smallcap stocks still in bubble zone, warns 360 ONE’s Mayur Patel (26-10-2024)
Despite recent correction, many smallcap stocks remain in bubble zone, lacking earnings growth support. Mayur Patel of 360 ONE Asset warns of elevated risks in these stocks. He advises a clinical approach to assess risk-reward in smallcap positions.
Samvat 2081 stocks to buy: 10 cracker ideas from Motilal Oswal this Diwali (26-10-2024)
Corporate earnings are beginning to moderate after four consecutive years of robust double-digit growth. Domestic brokerage firm Motilal Oswal has highlighted 10 stocks linked to domestic structural and cyclical themes with upside potential of up to 47%.
Semiconductor market is projected to hit 80.3 billion by FY28; ABB, Kaynes could give over 20% each upside (26-10-2024)
India is set to revolutionize its semiconductor sector with extensive government support and substantial investments, aiming to reduce reliance on imports and enhance local manufacturing. Key projects by companies like Micron Technology and Tata Electronics are already underway, supported by initiatives such as the India Semiconductor Mission.
Gold firms as Mideast woes, election uncertainty lift prices (26-10-2024)
Gold prices rose slightly on Friday due to ongoing Middle East tensions and uncertainty around the U.S. elections. Gold has risen over 32% this year as a safe haven. Palladium also saw gains, hitting a ten-month high amid concerns about Russian exports. Other metals like silver and platinum saw minor fluctuations.
Gold bull run unlikely to fade away anytime soon. This could be the right time to buy (26-10-2024)
Gold prices have surged by 23% over the past year, outperforming other asset classes. Key factors include Middle East tensions, US interest rate cuts, and reduced import duties in India. Both urban and rural demand for gold is expected to rise during the festive and wedding seasons, driven by optimistic market conditions and economic recovery.