Corporate earnings, after four consecutive years of healthy double-digit growth, are moderating due to pressures from commodities and fading tailwinds from BFSI asset quality improvements.
ETMarkets Smart Talk | FMCG and IT sectors look promising for next Diwali, PSU valuations stretched: Harjeet Singh Arora (29-10-2024)
Certainly, the investors are relating to the possibility as the IPO has been subscribed only 0.5 times in the retail category which is far less participation as compared with recent IPOs where the subscription was even more then 10-20x of the issue.
Federal Bank shares soar 7% post Q2 results. Should you buy, sell, or hold? (29-10-2024)
Federal Bank Share Price: Shares of Federal Bank surged 7% to an intraday high of Rs 197.75 on BSE after the bank posted an 11% increase in net profit to Rs 1,057 crore in the September quarter. The lender had earned a net profit of Rs 954 crore in the year-ago period. Total income rose to Rs 7,541 crore, compared to Rs 6,186 crore in the same quarter last year, while interest income reached Rs 6,577 crore, up from Rs 5,455 crore.
IDFC First Bank Limited (29-10-2024)
I feel its both – they do attract troubles and yes, they are too much transparent as well. MEP toll tax waver was declared in October month, so ideally they should not have done anything about it in results of September quarter, but transparency 
On MFI side, they are recognizing and provisioning for 30d (SMA1) which is not what others in this industry do (I maybe wrong, but let me know if anyone else does that). So deadly combo for short term investors.
Yesterday’s recovery was more technical I feel – too many shorts built on Friday in expectation of IndusInd type scenario, and that short covering happened. We’ll see the true effect of this result in coming days – whether Mr. Market is convinced with VV’s justification or not.
Diwali sale or trap? 12 stocks crash at least 40% after giving multibagger returns (29-10-2024)
12 stocks, including Cochin Shipyard and Waaree Renewable Technologies, have fallen by at least 40% from their 52-week highs after significant gains last year. Most of these stocks, comprising PSUs and other prominent companies, are experiencing corrections due to profit booking and expensive valuations amidst market volatility and earnings slowdown.
Danish Power shares to debut on NSE SME platform today. GMP hints at robust gains (29-10-2024)
Danish Power is set to debut on the NSE SME platform on Tuesday, with shares currently trading at a gray market premium (GMP) of Rs 246. Given the upper price band of Rs 380, the stock is expected to list at a 64% premium over the issue price.
Buy Godrej Consumer Products, target price Rs 1,550: Motilal Oswal Financial Services (29-10-2024)
Motilal Oswal Financial Services recommends buying Godrej Consumer Products with a target price of Rs 1,550. The current market price is Rs 1280.8. Despite margin pressure and slow urban demand, the company’s robust growth strategy and focus on product innovation suggest strong future performance. Promoters hold 63 percent, while FIIs and DIIs own 22.03 percent and 9.59 percent, respectively.
4 stocks showed RSI Trending Up on October 28 (29-10-2024)
An uptrend signal occurs when the RSI value crosses above 50 from below
Dixon Technologies enters into MOU with Cellecor Gadgets (29-10-2024)
Dixon Technologies (India) informed that it has entered into memorandum of understanding (MOU) with Cellecor Gadgets to manufacture washing machines and its related components for Cellecor.
Dixon Tech signs MoU with Cellecor (29-10-2024)
Dixon Technologies (India) informed that it has entered into an MOU with Cellecor Gadgets for manufacturing of washing machines and its related components for Cellecor.