Q4 results this week: Tata Motors, L&T, Asian Paints, Vedanta, DLF and others
The March quarter earnings for IT companies have been disappointing, while the banking and finance sector has shown strong numbers. This week several significant companies such as Tata Motors, L&T, Asian Paints, DLF, Vedanta and Avenue Supermarts are releasing their March quarter report cards. On May 11, Eicher Motors, Aditya Birla Capital and ITI are set to release their reports. Meanwhile, Larsen & Toubro, Godrej Consumer Products and Dr Reddy's Laboratories will release theirs on May 10. Avenue Supermarts is set to release its report on May 13.
Heatwave effect: ACs, soft drinks, ice cream, other summer goods in short supply in several markets
Companies are diverting all stock to these markets when summer demand in the overall North is yet to reach its peak. For most companies, sales in the heatwave markets are 2-3 times of last year even when last summer was a bumper one.
In tumultuous FY23 for Nifty bulls, stocks from these sectors turned wealth churners
"One word that describes our economy and equity market for FY23 is ‘resilience. We were able to face the tough situation with minimal damage. Indias robust macroeconomic position is a result of multi-year structural policy reforms that enabled growth and high government expenditure in the budget over the last few years," the MarketSmith India report said.
Top 10 stock ideas by experts as market falls to 8-month low
Sameet believes traders can find ample opportunities in the beaten spaces and for investors, this decline would provide opportunity to accumulate quality stocks in a staggered manner.
Trade Spotlight | Your strategy for Cyient, GE Shipping, Aurobindo Pharma today
Great Eastern Shipping Company shares rose nearly 4 percent to Rs 624 and formed long bullish candlestick pattern on the daily timeframe with above average volumes.
Nifty to remain under pressure, support at 16,800: Analysts
Nifty is below all its significant averages. 16,750 will be a crucial support zone. If breached, the index could witness further selling towards 16,600-16,550. On the upside, 17,150-17,190 will act as immediate hurdle. A surge above could witness short covering towards 17,380-17,450 levels.
Nifty to remain sideways but these 3 stocks can give up to 18% in short term
For NIfty, the immediate support on the downside is at 16,850-16,800, while the immediate hurdle is at 17,100. As long as the index moves in this range, it will remain sideways
Trade Spotlight | What's your strategy for PNB Housing Finance, BHEL, GE Shipping today?
BHEL shares gained more than 4 percent to close at Rs 78 and formed long bullish candle on the daily charts after two-day consolidation, with above average volumes. It traded above all key moving averages (9, 50, 100 and 200-day EMA - exponential moving average).
These 11 stocks more than doubled since the last Republic Day 2022
Mazagon Dock Shipbuilders topped the list of gainers with 178 percent returns while Adani Power rose 144 percent; Indian Bank, Varun Beverages, Swan Energy, RHI Magnesita India and Adani Total Gas were among the stocks that doubled.
26 smallcap stocks turned multibagger in 2022. Did you miss the rally?
Sectoral analysis of the winners of 2022 shows that Nifty PSU Bank index and Nifty CPSE index have been the top two gainers of the year with an upside of 65% and 19.5%, respectively, so far. On the other hand, the IT index has been the top wealth eroder and has so far lost over one-fourth of its value.
Corporate Radar: Vedanta to consider dividend; PTC India results and more
Vedanta has fixed November 30 as the record date to determine shareholders eligibility for the dividend. So far in FY23, the company has declared a total dividend of Rs 51 per share, in two interim dividends of Rs 19.5 and Rs 31.5 per share. Earlier in FY22, the miner announced Rs 45 per share dividend. At the current price, this amounts to a dividend yield of 14.55%. Since 2001, the company has announced a total of 36 dividends, Trendlyne data showed.
20 stocks that helped PMS investors bag double-digit returns last month
The thematic fund that gained 13.65 per cent in August is betting on JSW Energy in a big way as it is its biggest holding with a weightage of 9.78 per cent. Other top holdings include Titagarh Wagons, Time Technoplast, J Kumar Infraprojects and SP Apparels.
Big Movers on D-St: What should investors do with GE Shipping, Kalyan Jewellers and Deepak Fertilisers?
Stocks which were in focus included GE Shipping which rose more than 6 per cent, Kalyan Jewellers which gained nearly 10 per cent, and Deepak Fertilisers which rose 5 per cent.
Corporate Radar: NTPC to turn ex-dividend; Coal India Q1 results; AGMs, and more
Abbott India, United Breweries, Zydus Lifesciences, Cummins India, The Ramco Cements, Cholamandalam Financial Holdings, Sobha, Ingersoll-Rand (India), S H Kelkar & Company, Pricol, Ramco Industries and Ramco Systems will have their annual general meetings (AGM) today.
Ahead of Market: 10 things that will decide stock action on Tuesday
RIL (Rs 2,585 crore), ICICI Bank (Rs 1,694 crore), Infosys (Rs 1,179 crore), Tata Steel (Rs 951 crore), HDFC Bank (Rs 707 crore), and UltraTech Cement (Rs 584 crore) were among the most active stocks on NSE in value terms. Higher activity on a counter in value terms can help identify the counters with highest trading turnovers in the day.
Ahead of Market: 10 things that will decide D-St action on Monday
Anand James, Chief Market Strategist at Geojit Financial Services, said that while major falls are not expected unless 16,485 gives away, the prospects of the same in the next week may rise should Nifty find unable to push beyond the 16,690-710 region.
As D-Street rebounds, 46 BSE500 stocks climb over 10% this week
Shares of Brightcom Group soared 26 per cent for the week to Rs 55.70. The exchanges sought clarification from the company regarding volumes and the price movement, to which the company replied there is no impending announcement by the company which in its opinion needs to be disclosed.
Big Movers on D-St: What should investors do with GE Shipping, Vedanta and Wipro?
Stocks in focus included names like GE Shipping, which closed with gains of over 2 per cent, and is trading near its 52-week high, Vedanta, which rose more than 6 per cent, and Wipro, which added over 1 per cent ahead of results due after market hours on Wednesday.
Big Movers on D-St: What should investors do with Tube Investments, GE Shipping and Pidilite Industries?
Stocks that were in focus include names like Tube Investments which rallied more than 12 per cent, GE Shipping which closed with gains of nearly 7 per cent, and Pidilite Industries which made higher highs and higher lows -- a bullish sign.
Ahead of Market: 10 things that will decide D-Street action on Wednesday
Ajit Mishra, VP - Research, Religare Broking, said the recent bounce in laggards like IT and metal has further eased the pressure. "We maintain our positive yet cautious stance and prefer sectors like auto, FMCG and banking for long opportunities."
19 stocks that India's best performing PMS funds are betting on
Atlas Integrated Finance's midcap fund, which gave a marginally negative return of 0.23 per cent last month, was seen betting heavily on Honeywell Automation, Dixon Technologies, Relaxo Footwears and Whirlpool India. It also chose to invest about 22 per cent of its holdings in a liquid fund.