Bank of Baroda’s stock surged 4.6% following a 23.2% increase in standalone net profit for Q2FY25. NII grew by 7.3%, and non-interest income surged by 24.2% YoY. Analysts provide varied ratings with emphasis on stable asset quality and challenges in growth projections.
Hot Stocks: Brokerage view on ICICI Bank, IndiGo, Ola Electric and Bandhan Bank (28-10-2024)
Brokerage firms IIFL and Jefferies recommend buying ICICI Bank, with target prices of Rs 1,480 and Rs 1,550, respectively. CLSA maintains an outperform rating on Bandhan Bank at Rs 240. Jefferies also rates IndiGo as a buy with a target of Rs 5,100, while HSBC rates Ola Electric at Rs 110, citing service improvements despite challenges.
Fund Manager Talk | Short-term outlook murky, investors need stomachs of steel: Deepak Shenoy (28-10-2024)
We don’t like to predict where the Nifty will go. We hope it does well, of course. But there’s no way to predict. It’s better, in our view, to respond to what takes it up or down.
ETMarkets Smart Talk: InCred Money’s CEO Vijay Kuppa explores the role of bonds, gold, and debt funds in modern portfolios (28-10-2024)
For conservative investors, or those nearing retirement, a higher bond allocation—around 50-60%—might be necessary to preserve capital. Younger investors or those with a higher risk tolerance might limit bond exposure to 20-30%, using the rest for equities and growth-oriented assets.
ETMarkets Smart Talk: India’s next crorepati wave: Tapping into the aspirations of Bharat’s new wealth creators (28-10-2024)
But let us also not forget that we are coming on the back of a three-to-four-year very strong rally that markets have seen, and for very good reasons: India as a country and an economy pretty much held its own while most of our global peers were going through periods of volatility and uncertainty.
Stocks to buy today: HDFC Bank, Paytm among top 10 trading ideas for October 28, 2024 (28-10-2024)
The Indian market is expected to rise on Monday, following positive global cues. Nifty futures closed down 0.97% at 24,215. Options data indicates a trading range between 23,800 and 24,500. Experts recommend various stocks for short-term trading, including Indian Hotels, Sundaram Finance, and HDFC Bank, with specific targets and stop-loss levels provided.
Shapoorji Pallonji group’s Afcons Infrastructure IPO enters Day 2 (28-10-2024)
The company saw a lacklustre response on Day 1
Premium Plast shares to debut on NSE SME platform today. GMP hints at healthy gains (28-10-2024)
Premium Plast is set to debut on the NSE SME platform on Monday, with shares currently showing a grey market premium (GMP) of Rs 9. Based on the upper price band of Rs 49, the stock is expected to list at a 19% premium over the issue price.
Godavari Biorefineries IPO allotment: Check status, GMP, & likely gains (28-10-2024)
Once the allotment is finalised, investors can check the allotment status by visiting the official website of BSE, NSE or Link Intime India, the registrar for the issue