Posts in category Economic Times
These largecaps have ‘strong buy’ & ‘buy’ recos and upside potential of more than 20% (07-05-2024)
There are clear indications that some amount of volatility will be back on the street. First phase of the volatility is normally led by large cap stocks, and even today large caps from different sectors are witnessing pressure. But the other fact is that recovery in the market is also largely led by the large cap and they stabilized much before other segment of the market. The pattern of the sectoral correction is visible. Yesterday, it was banking which led the correction. Today it is metal stock which is leading the correction as the bank stabilizes. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". The screener applies different algorithms for all BSE and NSE stocks.
Marico share price climbs 10% after Q4 results. Should you buy, sell or hold? (07-05-2024)
The revenue from operations rose merely 1.7% YoY to Rs 2,278 crore from Rs 2,240 crore in the year-ago quarter although the company managed to trim its expenses to Rs 1,894 crore in Q4FY24 from Rs 1,970 crore in Q3FY24 and Rs 1,907 crore in Q4FY23.
Ambuja Cements shares drop 1.47% as Sensex falls (07-05-2024)
A total of 54,565 shares changed hands on the counter till 11:47AM (IST)
ICICI Lombard shares gain 0.35% as Sensex falls (07-05-2024)
A total of 8,437 shares changed hands on the counter till 11:42AM (IST)
Jubilant Food shares up 0.34% as Sensex falls (07-05-2024)
A total of 66,402 shares changed hands on the counter till 11:36AM (IST)
Shift some money from capital goods & PSU bank stocks to FMCG, IT; top 9 bets: Sanjiv Bhasin (07-05-2024)
Sanjiv Bhasin suggests focusing on Marico, Nestle, Hindustan Lever as top FMCG picks, adding Godrej Consumer. Largecap private banks like HDFC, ICICI, Kotak, Axis, IndusInd are recommended amidst various market dynamics and sector-specific opportunities. Bhasin says the wealth effect means real estate is the real play. Along with that, FMCG and IT will now be more defensive with pharma as a constituent for the index till the results.
Here’s why Anshul Saigal is bullish on manufacturing stocks (07-05-2024)
Now, we are in a phase today where we are close to, of course, election, markets have rallied before. So, clearly one has to be cautious but this is not a time to be sitting on cash because we really do not know what the event is going to throw up.
Share price of United Spirits falls as Sensex drops 508.86 points (07-05-2024)
A total of 12,364 shares changed hands on the counter till 11:31AM (IST)
Titagarh Rail shares jump 9% after Morgan Stanley initiates with overweight rating (07-05-2024)
Morgan Stanley sees freight as a significant revenue generator for Titagarh, while also acknowledging the potential of the passenger business for growth. The firm anticipates an impressive 28% earnings compound annual growth rate (CAGR) for Titagarh over the period spanning FY 24-27.
Stock market update: Nifty Bank index falls 1.11% in a weak market (07-05-2024)
The Nifty Bank index was trading 1.11 per cent down at 48352.6.