Axis Bank offers best return potential among other large private sector banks: Sandip Sabharwal
Bears will be scared as the markets move up so that is very simple as bulls get scared when the markets fall down. So I think bears will be scared earlier than people expect.
Govt may raise the income tax exemption level from the current Rs 2.5 lakh in the Budget 2023: Mohit Nigam
Based on the rollover data, Nifty may stay on the positive side. For January Expiry, important levels to watch for are 18500 on the higher side whereas 17600 can act as support on the lower side.
Sula Vineyards IPO subscribed 11% during first two hours of bidding
Brokerage firms remain mixed on the issue. A few are bullish on the company's growing fundamentals and high entry barriers, whereas others are skeptical over its aggressive valuations, despite being pure and OFS play.
Alcohol stocks set to go 'high on spirits' ahead of new year?
Among the top eight brewery players on the basis of market capitalisation, with a capping of at least Rs 750 crore, only two players have delivered negative returns in the last six months with one stock turning into a multibagger.
Festive cheer to boost demand; Dr Lal Pathlabs among top 3 stocks to give 13-16% return: Mohit Nigam
The Nifty50 is expected to face short-term turbulence as investors have become cautious of further aggressive rate hikes by the US Fed after the release of US Job data last Friday.
We are trimming holding in auto ancillary, capex plays; buying defence: Nilesh Shah, Envision Capital
“In areas like defence where there is an incredible opportunity for the coming decade. Defence as a sector is where IT was maybe 20 years back. Theres a huge opportunity and with the whole buzz and manufacturing tailwinds and the governments thrust on indigenisation, clearly defence is a huge opportunity for the next 8 to 10 years.”
Trade Spotlight | What should you do with RHI Magnesita, EIH, Radico Khaitan on Thursday?
EIH rose 4.3 percent to Rs 196.2 and formed bullish candle on the daily charts with above average volumes. It has seen a breakout of small down ward sloping resistance trend line adjoining September 7 and September 20, while it has respected the support trend line formed in last couple of weeks.
Chart Check: 40% from June lows! This brewery’s stock forms a flag pattern; what should investors do?
The stock recently gave a breakout from the neckline of the inverse head and shoulder pattern earlier in September and the formation of a flag pattern on daily charts adds to a bullish stance.
#RADICO Magic Moment (pun intended) for this counter in terms of relative strength. Both the long term and short term relative strength are getting stronger with respect to the broader market.
On the weekly chart, the stock continues to be in a V Shape recovery indicating the co......read more
Nilesh Shah says India a contra bet for world, lists 6 sectors to invest now
Stock picking may not work in defense sector, which is one of his picks, but buying a basket of private and public sector players is a good idea, said the market expert
Sharekhan is bullish on Radico Khaitan has recommended buy rating on the stock with a target price of Rs 1135 in its research report dated August 12, 2022.
Buy Radico Khaitan; target of Rs 1100: ICICI Direct
ICICI Direct is bullish on Radico Khaitan has recommended buy rating on the stock with a target price of Rs 1100 in its research report dated August 12, 2022.
Radico Khaitan Ltd., incorporated in the year 1983, is a Mid Cap company (having a market cap of Rs 12248.53 Crore) operating in Beverages - Alcoholic sector.
Mutual funds load up on these quality mid-cap stocks
While the Nifty and Nifty Midcap 100 have gained around 6% in the last one year, Nifty Smallcap 100 has declined more than 14% during this period. The stocks in which mutual funds have raised their holdings have consistently given an average return of 8% in the past one year and 115% in the previous two years.
Our portfolio contains businesses that make life interesting and entertaining: Nilesh Shah, Envision Capital
“At times people take investing too seriously, life too seriously and the best way to add colour to it and make it more fun filled is to basically ensure your portfolio is positioned into businesses which make life very interesting and entertaining. Apart from technology, Indians are going to consume much more of all these things going forward and therefore these businesses seem to be really well placed and well poised for Indias long term growth potential.”
What’s making ITC roar & should IT be accumulated on dips? Nilesh Shah of Envision Capital answers
“The appreciation in the ITC stock price has little to do with the underlying growth of the businesses, probably still in single digit but it is all about expectations of corporate actions and hopes that there would be demerger of various businesses. I would not want to read anything beyond that.”
Delhi discounts derail liquor sales in Noida, Ghaziabad and Faridabad
Companies and experts said consumers from Delhi, which earlier bought from these markets, especially Gurugram, shifted purchases to their city due to price-parity. Late last year, Delhi opened the market by allowing private retailers to sell liquor compared besides government-owned shops.
Allied Blenders files draft papers with Sebi for Rs 2,000 crore IPO
The company, in consultation with the lead bankers to the issue, may consider a preferential issue of equity shares or any other method aggregating up to Rs 200 crore. If such placement is completed, the fresh issue size will be reduced, a company release suggested.
Advertising industry executives said the guidelines require clarity, in the absence of which the role of agencies representing these brands too could come under scrutiny.
Market likely to be range-bound; 3 themes to invest in: Chakri Lokapriya
“First comes the agri-related companies. Valuations of PI Industries, United Phosphorous and a number of companies in that space are extremely attractive. These are recession and external-shock proof . Second, IT stocks which have corrected significantly but where the outlook remains extremely strong. The third is small ticket consumer discretionary stocks. Companies like Voltas, Havells look good.”
Market movers: Liquor makers get price shock in Telangana; Ramco Systems tanks
Local media reports said the authorities have increased the price of 1,000 ml liquor by Rs 120. The price of a quarter bottle has been hiked by Rs 20. On all types of beer, there was a minimum hike of Rs 10 per bottle, reported Telangana Today.
Is it the right time to buy consumer stocks? Ajay Srivastava answers
“It has been four days since the election results are out and oil prices have not gone up for the retail public. That tells us that there is a quantum shift in the policy. We need to support consumption compared to the earlier model of infrastructure driven policy. The seminal shift is one of the best things that can happen to consumption and the market at this stage. ”