Tech view: Move above 24,700 likely to signal upside in Nifty. How to trade tomorrow
A small negative candle was formed on the daily chart at the new swing lows of 24,341 with minor upper and lower shadows. Technically, this pattern indicates the formation of a Doji-type candle pattern (not a classical one). The short-term trend of the Nifty remains negative. But the present pattern formation is signaling a possibility […]
Sensex, Nifty record worst month since Covid market crash. A warning sign?
Sensex records its worst monthly fall since the Covid-19 crash with a 5% drop in October. FII outflows, IPOs, QIPs, and muted Q2 earnings contribute to the decline. Analysts suggest corrections are likely but a major crash is unlikely due to strong domestic liquidity.
Colgate-Palmolive India Q2 results: Net profit grows 16% YoY to Rs 340 crore on highest-ever quarterly revenue
The company posted a 10% YoY topline growth for the quarter, with domestic revenue rising by 10.5%. The board declared an interim dividend of Rs 24 per share, with a record date of November 4.
Waaree Energies’ little-known subsidiary electrified D-Street with 66,000% return. Will the success story repeat?
Waaree Renewables Technologies, a subsidiary of Waaree Energies, skyrocketed in stock value, reflecting India’s push for renewable energy. The company reported impressive profits over the past few years and boasts a solid order book. Waaree Energies is also making waves with its IPO, promising substantial returns and significant growth potential.
Afcons Infra’s Rs 5,430 cr IPO opens tomorrow. Price band, GMP among 10 things to know before subscribing
The initial public offering (IPO) of Afcons Infrastructure will open for subscription on October 25 and close on October 29. The company aims to raise approximately Rs 5,430 crore through this public offer.
ACC Q2 Results: Profit falls 48% YoY to Rs 200 crore
ACC Ltd reported a 48% YoY decline in net profit for Q2, standing at Rs 200 crore, while revenue rose by 4% to Rs 4,614 crore. The growth was driven by higher trade sales volumes and premium products, coupled with increased operational efficiencies and cost optimizations.
What should investors do with RIL stock? Rahul Sharma answers
Nifty definitely has been difficult in this month given the kind of correction that we have seen. So, we all know the reasons why it is happening, but the question on everybody’s mind is where exactly do we see the capitulation happening?
Diwali Picks: Praj Inds, Persistent & 10 other top ideas from Angel One
Ahead of the beginning of Diwali, the domestic brokerage firm Angel One has picked up ten stocks across sectors where investors can place bets. These stocks are from sectors like capital goods, consumer durables, FMCG, and IT. Here’s the list:
Time to buy diagnostic stocks? This is what Hemang Jani has to say
Hemang Jani highlights the stability of diagnostic stocks like Dr Lal PathLabs. He also talks about the midcap stocks’ stability and performance despite high debt. Metro Brands and VIP Industries have been underperforming despite a tourism boom. He cautions against Hyundai due to slow growth but sees potential in future market corrections.
Coforge shares jump 14% in 2 days to hit new 52-week high post Q2 results. Should you buy, sell or hold?
Coforge shares rose 14%, reaching a 52-week high after reporting a strong quarterly profit. Analysts maintain positive ratings, with target prices ranging from Rs 8,480 to Rs 10,000.