Recommendations Financial News

Apollo Hospitals shares will be in focus on Monday after its subsidiary, Apollo Healthco (AHL), announced plans to acquire an additional 11.2% stake in Keimed Pvt Ltd for Rs 625.43 crore from promoter Shobana Kamineni. In a regulatory filing, Apollo Hospitals stated that its board had approved AHL’s acquisition of 11.2% of Keimed’s issued and paid-up share capital in two tranches. The purchase will be made from Shobana Kamineni, a related party, for Rs 625.43 crore.

Subscribe to enjoy similar stories. SBI: Buy at ₹753 | Target ₹778-785 | Stop loss ₹ 744 SBI is showing strong bullish signs on the hourly chart. The MACD indicator is positive, which tells us that the stock has good upward momentum.

DSP Small Cap Fund, one of the oldest in the small-cap category since its launch in June 2007, remains among the few funds in its segment with no exposure to large-cap stocks. It continues to allocate around 90% of its corpus to small cap stocks, with the rest split between cash holdings (slightly higher than usual) and mid-cap stocks. This is despite the Nifty Small Cap index falling 21%so far in 2025, and 24% from its peak in December 2024. Of course, Sambre has paid the price. So far this year, the scheme has delivered a negative return of 19.2%. Acknowledging the risks of small-cap investing, Sambre remains firm in his approach: if investors seek a small-cap fund, they should expect a true, small-cap experience. Previously the sole manager of the fund, he now oversees DSP’s equity funds, which have a combined corpus of approximately Rs.1.08 trillion. Additionally, he co-manages three schemes, including the mid-cap and small-cap funds, worth Rs.30,000 crore.

Subscribe to enjoy similar stories. 1. Apollo Micro Systems Ltd - Current market price: ₹125.18 | Buy range: ₹123–126 | Profit goal: ₹155 | Stop loss: ₹112 | Timeframe: 2–3 months.

Nifty 50 index posting its biggest weekly gain in over four years. The rally was driven by renewed foreign investor interest and expectations that the worst of the recent market downturn is over. The NSE Nifty 50 closed 0.69% higher at 23,350, while the BSE Sensex gained 0.73% to settle at 76,905—both at six-week highs. For the week, both indices surged about 4.2%.

Subscribe to enjoy similar stories. Ever stared at a stubborn pimple in the mirror, wondering, “Why me?" While genetics and hormones play a role, your diet might be a culprit too. That creamy latte, protein shake, or sugary treat could be fuelling your breakouts.

interest equalisation scheme and its merger with the export promotion mission is going to adversely affect the Indian exporters and it should be extended till the operationalisation of the mission, according to a report of a Parliamentary panel. The mission which was announced in the budget has an outlay of Rs 2,250 crore. The Department of Commerce has informed the Standing Committee of Parliament on Commerce that under the export promotion mission (EPM), it is working to carve out an umbrella scheme with various components, in consultation with the ministries of Finance and MSME. «Once the cabinet approves the scheme, additional funds required will be sought from the Department of Expenditure,» the commerce department has informed the committee.

Subscribe to enjoy similar stories. Shares of steel producers such as SAIL Ltd, Tata Steel Ltd, and JSW Steel Ltd are in focus after the Directorate General of Trade Remedies (DGTR) recommended a safeguard duty on steel imports amid rising global protectionism. The DGTR’s proposal, submitted to the finance ministry, suggests a 12% duty on most steel grades for 200 days, with exemptions for imports priced above $675 per tonne for hot-rolled coil (HRC), $824 per tonne for cold-rolled coil (CRC), and $964 per tonne for coated steel.

The BSE Sensex climbed 665 points, or 0.87%, to 77,013, while the Nifty50 advanced 196 points, or 0.85%, to 23,387 as of 12:20 pm. The Nifty has risen in each of the previous four sessions, marking its longest daily winning streak in about seven weeks. Including Friday's gains, it is now up by about 4% this week, on track for its best week since July 2022.

equity mutual funds have offered double-digit loss to SIP investors and have lost up to 34% in the current calendar year so far. There were 269 schemes in the mentioned period, of which 262 gave negative return on SIP investments. The top losers in the list were from Samco Mutual Fund. Samco Flexi Cap Fund gave a loss of around 33.56% on SIP investments in the current financial year so far. A monthly SIP of Rs 10,000 made in this fund on April 1, 2024 would have been Rs 98,306 now against an invested amount of Rs 1.20 lakh. Samco ELSS Tax Saver Fund which lost 29.12% on SIP investments in the same period.

TBO Tek shares will remain in focus on Friday as a Rs 400 crore block deal in the travel distribution firm has been launched, with Augusta TBO Singapore Pte Ltd and TBO Korea Holdings Ltd looking to offload up to a 3.1% stake, sources told CNBC-TV18. The offer floor price has been set at Rs 1,180 per share, reflecting a 7% discount to the current market price (CMP), according to multiple sources familiar with the development.

hybrid mutual funds — schemes that invest in equity and debt — may serve investors, especially new and inexperienced investors, better. Conservative hybrid mutual funds are the entry to the world of hybrid funds. These schemes invest mostly in debt and a small percent in equity. As per the Sebi norms, conservative hybrid schemes must invest 75-90% in debt instruments and 10-25% in stocks. These schemes are ideal for investors looking to invest a small part of their corpus in equity to earn some extra returns. Conservative hybrid schemes, as the name suggests, are meant for investors with a conservative risk profile.

global equities Stocks that were in focus include names like GRSE, which rose 4.5% and KEI Industries, which declined 12% and IndiGo, whose shares gained 2.2% on Thursday.

Manappuram Finance shares will be in focus on Friday after Bain Capital announced it has entered into definitive agreements to acquire joint control in the company through its affiliates, BC Asia Investments XXV Limited and BC Asia Investments XIV Limited, in partnership with existing promoters. As part of the deal, Bain Capital will invest Rs 4,385 crore to acquire an 18% stake on a fully diluted basis via preferential allotment of equity and warrants at Rs 236 per share—a 30% premium over the six-month average trading price.

Subscribe to enjoy similar stories. Manappuram Finance Ltd: Buy at ₹217.50 | Target ₹235-240 | Stop loss ₹210 The Relative Strength (RS) of this stock is rising, also it's near to lifetime high levels. On hourly chart, stock has given breakout with Rectangle pattern.

Subscribe to enjoy similar stories. Afcons Infrastructure Ltd: Current market price: ₹470 | Buy range: ₹460–474 | Profit goal: ₹540 | Stop loss: ₹444| Timeframe: 2–3 months Gujarat Fluorochemicals Ltd: Current market price: ₹ 4,004.2 | Buy range: ₹3,960–4,040 | Profit goal: ₹4,850| Stop loss: ₹ 3,750| Timeframe: 2–3 months India’s benchmark index, Nifty 50, extended its winning streak to four consecutive sessions, reclaiming the 23,200 level on Thursay, 20 March.

Subscribe to enjoy similar stories. Manappuram Finance Ltd: Buy at ₹217.50 | Target ₹235-240 | Stop loss ₹210 RS of this stock is rising, also it's near to lifetime high levels. On hourly chart, stock has given breakout with Rectangle pattern.

DoubleLine Capital CEO Jeffrey Gundlach said Thursday there could be another painful period of volatility on the horizon as the fixed income guru sees heighted risk of a recession.

direct tax demand is «difficult to collect», Income Tax Department has informed a Parliamentary panel. When the Standing Committee on Finance expressed concern over the huge arrears of demand and desired to know the possible steps, including a moratorium, that can be taken to address this, the Chairman of CBDT told the panel that arrears are a cause for concern. «We have around Rs 43,00,000 crore of arrear demand which is a cause of concern for us. Partly, this is a legacy issue. This arrear pertains to mid-90s also because earlier what used to happen was there was essentially a manual registers that we were keeping,» the CBDT Chairman told the panel. The report of the Standing Committee on Finance has been tabled in Parliament. The Revenue Secretary informed the panel that a lot of this demand is also «fictitious». The Committee found that in respect of Direct Taxes, Rs 10,55,906 crore tax arrears are pending for five or more years.

Nifty 50 crossing the 23,000 mark once again after a month, a mutual fund expert recommends that for investors looking for long-term wealth creation and have a stomach for equity market volatility, large and midcap funds / multicap funds / flexicap funds would be a good bet. “Large and mid-cap funds, multi-cap funds, or flexi-cap funds — for investors looking for long-term wealth creation and who can stomach equity market volatility, these funds would be a good bet, as they provide a portfolio mix across market capitalizations that helps reduce the impact of sharp gyrations in any particular segment of the market,” says Suresh Soni, CEO of Baroda BNP Paribas Asset Management. The expert also recommends that for such investors, where the recent 10% drop has brought the realization that equity investments can go up and down, but who still want a core of equity holdings for its status as the best-performing long-term asset class in India, hybrid equity schemes or balanced advantage funds would definitely be something to carefully consider. And for investors who believe in the dictum, “Don’t put all your eggs in one basket,” a diversified mix of multiple asset classes with low correlation to each other may be a preferred option.