Nifty opened strong and found the day’s high soon, but it slipped into negative territory later. However, the index closed with a gain.

Sula Vineyards is the largest producer and seller of wine in India, with over 60% market share in elite and premium wines in the domestic 100% grape wine market.

Morgan Stanley has maintained an Equal weight' stance on the Marico stock for a price target of Rs 553. In a note it said that the environment of no to low top-line growth persists which is a constraint on profitability in the general trade channel and remains an overhang for the FMCG sector as a whole.

While stating that the demand environment remains similar to that witnessed in Q2, Godrej Consumer Products expects consolidated revenue to decline in low-single digits YoY in INR terms.

The seasonality is likely to hurt revenue growth and margin performances of both tier-1 and tier-2 IT companies.

The PSU Bank rose from Rs 371 on 5th October 2023 to Rs 461 recorded on 5th January 2024 which translates into an upside of over 24% in 3 months.

Foreign portfolio investors pumped in more than Rs 43,300 crore into the capital goods sector in 2023, and this was nearly six times higher than that in 2022, data by NSDL showed.

Over FY25, NMDC is likely to surpass a production of 50 million tonne, believes Motilal Oswal Financial Services. The traction in production volumes would be driven by improved capacity and strong domestic demand, it said.

Ahead of the listing, the company's shares traded with a premium of Rs 38 in the unlisted market. The IPO was priced in the range of Rs 71-75.

NMDC Ltd is on track to produce 46 million tonne iron ore in FY24 after producing 27.3 million tonne in Apr-Nov period. Over FY25, NMDC is likely to surpass 50 million tonne production, driven by improved capacity and strong domestic demand, says Sneha Poddar of Motilal Oswal Financial Services.

The initial public offering (IPO) of Jyoti CNC Automation will open for subscription on January 9. The issue closes on January 11. The company's shares are expected to get listed on both the exchanges. Here are 10 things to know about the offer.

While it is not known what's on the top of to-do list for the Ambanis, investors are anxiously awaiting the listing of Reliance Jio and Reliance Retail. The IPOs will not only lead to value unlocking for 37 lakh shareholders of RIL but can also act as a re-rating trigger.

The Indian market began the new year on a muted note amid weak global cues and uncertainty around future rate cuts. In the coming week, equities will take cues from quarterly earnings besides any domestic and global macro data.In this setup, here are four stocks to buy for an upside up to 27%

The market breadth was skewed in favour of the bulls with 30 stocks trading in the green. Bharat Petroleum Corporation (BPCL), Eicher Motors, Titan Company, Adani Ports and ONGC were among the top gainers while Tata Consultancy Services (TCS), Bajaj Finance, Infosys, Divi's Laboratories and Tata Consumer Products were among the top laggards.

Sensex rises marginally; Nifty above 21,700; Sula Vineyards surges 7%, BoB falls 4%; Titan, Tata Motors, L&T are some of the gainers in the morning trade.

While the urge to be ahead of the curve in determining market tops is strong, the overwhelming desire to make the most out of bull rallies overrides any cold logic.

ET Now spoke to various experts, and here's what they have to recommend for today's trading session. Kunal Bothra has a buy/sell recommendation on Escorts Kubota and Poonawalla Fin, while Vinay Rajani has a buy/sell recommendation on ICICI Bank and Birlasoft for today's trading session. Check out the targets and stoploss.

The Indian market began the new year on a muted note amid weak global cues and uncertainty around future rate cuts. In the coming week, equities will take cues from quarterly earnings besides any domestic and global macro data.In this setup, here are four stocks to buy for an upside up to 27%

Stocks that were in focus included names like Century Textiles, which rose 0.84%, HAL, which jumped 3.30%, and Tata Steel, whose shares declined 0.8% on Friday.

There was more promising news from Washington where U.S. congressional leaders agreed on a $1.6 trillion spending deal aimed at averting a partial government shutdown.

Quant investing strategies involve the use of advanced mathematical models to trade in financial markets.

“A fresh breakout has also been observed above the neckline of the “Inverted Head & Shoulder pattern” visible on weekly charts of Divi’s Laboratories. Traders can buy for a target of Rs 4550 in the next 4-6 weeks,” Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said.

Revenue grew by 26% annually to ₹929 crore between FY21 and FY23 while operating profit (Ebitda) rose 75% to ₹97.3 crore with an Ebidta margin of 10.48%.

Brookfield and Everstone-backed IndoStar sells bad loans under a senior-junior structure under a Swiss auction. The senior class comprises 38-40% of the principal amount which Encore will pay as upfront cash. The junior class which is 60-62% of principal loan, is split into cash and security receipts. Of the junior class, IndoStar would receive cash and subscribe to the security receipts.

The company that defaulted on its ₹1,536 crore loan has received bids from Kalyan Tollways, Prakash Asphaltings & Toll Highways (India), and a consortium.

While the urge to be ahead of the curve in determining market tops is strong, the overwhelming desire to make the most out of bull rallies overrides any cold logic.

Consumer discretionary major Titan Co saw 22% revenue growth for the third quarter ended December. The growth was broad-based as most of the segments put up a healthy performance during the quarter.

Net profit in the December 2023 quarter for the Nifty 50 constituents is expected to climb 15%, compared with 7.6% growth in the year-ago period. To be sure, the year-on-year profit growth was above 25% in each of the two previous quarters, reflecting the base effect.

Reserve Bank of India (RBI) data showed average bank borrowings on a fortnightly basis were at Rs 6.39 lakh crore from January 13 to December 15, 2023. That's 67% higher than average fortnightly borrowing of Rs 3.81 lakh crore over the comparable period in 2022.

The corporate portfolio includes eight accounts that turned non-performing after 2019. These include Prometheon Enterprises with a debt of ₹1,496 crore, Malvern Travels, UK, with a debt of ₹537 crore, and Katerra India with ₹521 crore.

"Among the creditors, a large public sector bank which is a key creditor wants more time since the approval to extend the process needs to be ratified by its board. So voting lines are still open for everyone, though some of the creditors have already voted," said a person aware of the process.

"Banks have individually communicated with the RBI after the liquidity deficit widened significantly at the end of December. The money market rates had shot up, making it more expensive for borrowers to raise funds in debt capital markets," a source aware of the developments said.

After showing a sustainable upside bounce on Thursday, Nifty shifted into an up-move with volatility on Friday. An identical open and close pattern was formed on Friday, which indicates a type of doji pattern at the highs.

Revenue grew by 26% annually to ₹929 crore between FY21 and FY23 while operating profit (Ebitda) rose 75% to ₹97.3 crore with an Ebidta margin of 10.48%.

Short-term traders can look to buy the stock on decline up to Rs 4,000 levels, a crucial support and also closer to the neckline area of the inverse Head and shoulder pattern. An Inverse Head and shoulder pattern is the mirror image of the Head and Shoulder pattern and is a bullish signal.

But a key development that almost grabbed the attention of the street has been the huge acceptance of the Systematic Investment Plan (SIP) mode of investing. This is reflected in the inflows through SIP mode, which reached Rs 17,073 crore in November 2023 from Rs 13,306 crore in November 2022. This

India's benchmark indices posted marginal gains on Friday but logged losses for the week, dragged by high-weightage IT stocks on weak earnings outlook and fading hopes of early US rate cuts in 2024. The NSE Nifty 50 fell 0.09% this week, while the Sensex shed 0.30%."The short-term uptrend status of Nifty remains intact, but the market is likely to find resistance around 21,800-21,850 levels in the coming sessions. A decisive move only above 21,850-21,900 levels could open the next upside target of 22,200 levels. Any dips from here could find support around 21,500," said Nagaraj Shetti, Senior Technical Research Analyst, HDFC Securities.

One change for making higher provision for unsecured loans and we see all the NBFC stocks tumbling. But four weeks later what is the situation, no one on the street is even talking about it and stocks have crossed the level when the announcement was made. The fact is that some regulatory measures are indicators of overall growth potential which the regulator is just trying to moderate in order to avoid overheating of some segment of industry. The other question is that an industry like NBFC which is bound to grow given the fact that capital was, is and will remain a scarce commodity, which are the benchmark which one should use to take exposure with a long term perspective.

India always had structural positives of the three Ds: Democracy, Demographics, and De-Regulation of industry. These helped Indian GDP and per-capita income levels grow from USD 500 to over USD 2600, a rise of 450% in USD terms in 30 years. Moreover, in the past few years, these have become even more important and stronger for India versus the rest of the world. Let us see how and why.

One of the biggest challenges which companies face is the right allocation of capital. Over a long term it is the right allocation of capital which determines whether a business is able to create shareholder returns or not. This becomes even more pronounced in the case of the mid-cap companies where resources are even more limited. When looking at mid-cap companies, look carefully at PEG ratio which in the long-term indicates many things in a better manner than most other alternatives like PE which tend to create a mirage of value.

Indian equity markets were off to a slow start in 2024 amid weak global cues. However, when investors pick stocks based on both technical and fundamental strength, the potential for healthy returns will be higher. Here are seven techno-funda stocks curated by Stoxbox that can rally up to 11%

Buying quality stocks should be one of the basic principles while investing in markets. But when one is buying mid-cap stocks this principle becomes even more important for multiple reasons and specially at a time when valuations are not cheap and small corrections can lead to strong negative reaction in stock prices. Now how does one do it? Look at the underlying business which is best understood by going through its annual report and look at a certain basic ratio in order to figure out how much return that underlying business can generate in best and worst case.

​Foreign Portfolio Investors (FPIs) continued their buying spree and poured close to Rs 4,800 crore in the Indian equity markets in the first week of January driven by confidence in the country's robust economic fundamentals.

In the bi-annual review of the Association of Mutual Funds in India (AMFI), eight midcap stocks graduated to largecap status. These changes will be effective from February and will be valid till July this year. Here's a look. Source: Geojit

A bank account tends to become dormant if a customer does not undertake any financial or non-financial transaction via that account over two years. Examples of non-financial transactions include requesting a credit card or chequebook, making a balance inquiry etc.

​ The combined market valuation of six of the top-10 most valued firms declined Rs 57,408.22 crore last week, with Tata Consultancy Services (TCS) and HDFC Bank taking the biggest hit, in-line with muted trends in equities.

Long unwinding refers to the selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness. In Friday's trading session, five stocks witnessed a top long unwinding. Here's the list:

​Sectorally, buying was seen in IT, capital goods, telecom, and realty, while selling was seen in healthcare, consumer durables, metal, and utilities. Stocks that were in focus include names like Alok Industries which was up nearly 20%, Sun Pharma, which rose more than 9% to hit a fresh high, and Endurance Technologies, which closed with gains of nearly 10% to hit a fresh all-time high on Friday.

Short covering refers to the buying of shares to close an existing short position or a position that has been sold. Short covering signals a shift in view on security from extreme bearishness to bullishness. In Friday's trading session, five stocks saw top short covering. Here's the list:

In the bi-annual review of the Association of Mutual Funds in India (AMFI), eight midcap stocks graduated to largecap status. These changes will be effective from February and will be valid till July this year. Here's a look. Source: Geojit