Indian blue-chip indices Sensex and Nifty50 fell for the third straight day, with most sectors except IT trading lower. Major losses were seen in auto stocks, notably Bajaj Auto, following poor earnings. Investors focus on upcoming earnings from Infosys, Wipro, and others.
Neuland Laboratories Limited – Transformation towards niche APIs? (17-10-2024)
In fact, I think the clarification is an indeed an acceptance that the media numbers reported did indeed take place, just that the numbers may or may not be recorded in this quarter.
Smallcap momentum portfolio (17-10-2024)
@swipeupinlife @Sandeep_Mehta1 based on your request, I have started a separate thread for my midcap pf.
Last chance! Hyundai Motor India IPO closes today; GMP sinks below 1%; bid? (17-10-2024)
Hyundai Motor India IPO which opened for public subscription on Tuesday, October 15, and comes to closing hours today
National Aluminium Company Ltd Spurts 3.79% (17-10-2024)
National Aluminium Company Ltd has added 20.98% over last one month compared to 4.17% gain in BSE Metal index and 1.77% drop in the SENSEX
Bajaj Auto Ltd Slides 7.64%, BSE Auto index Shed 1.85% (17-10-2024)
Bajaj Auto Ltd has lost 10.17% over last one month compared to 1.3% fall in BSE Auto index and 1.77% drop in the SENSEX
Midcap Momentum Portfolio (17-10-2024)
I have been running a midcap pf based on Nifty Midcap 150 for nearly 2 years now. People wanted to have a look at what I was doing. Hence, I am starting this new thread.
The methodology used here is identical to what I use for Smallcap250 and Microcap250.
- This is a 15 stock portfolio based on Nifty Midcap 150.
- I check returns over 1 year and 6 months.
- Divide the return by Standard Deviation of the daily returns for the appropriate period.
- Calculate Z-score for each scrip based on the respective time periods.
- Compute average of 1y and 6m Z-scores.
- Rank the stocks.
- Rebalance is done on 1st and 16th of every month.
- I don’t relax for Worst Rank Held (WRH) meaning if a stock falls below 15, I replace it at the next rebalance.
- No action is taken in the intervening period.
I am providing a link to the Sheet that I use.
I am not planning to update the thread after every rebalance. If someone has a request, I will post the changes.
Ircon International shares in focus as Co inks MoU with Patel Engineering for infra projects (17-10-2024)
Ircon International signed an MoU with Patel Engineering to explore infrastructure projects. Despite a revenue decline, net profit rose, while mutual funds and FIIs reduced their stakes.
JSW Energy gains post inking 25-yr PPA with GUVNL for 192 MW hybrid capacity (17-10-2024)
JSW Energy advanced 1.10% to Rs 696.80 after the company announced the signing of a power purchase agreement (PPA) with Gujarat Urja Vikas Nigam (GUVNL) for STU-connected 192 MW wind-solar hybrid capacity.
FIIs least bullish since June; OI in Nifty futures down at 3 lakh contracts (17-10-2024)
Derivatives market update Oct 17: FIIs long-short ratio in index futures dropped to 0.5 its lowest point since June 07. Among stocks, ICICI General Insurance and CoForge saw short build-up yesterday.