Recommendations Financial News

08.01 / 09:51

markets wellness Experts Universities performer reports recommendations Q3 Result: India Inc. may deliver moderate profit, negative surprises unlikely; here's what experts say

Nuvama Wealth Management, Nifty earnings may grow 10 per cent year-on-year (YoY) in Q3FY24. The brokerage firm pointed out that the gap between the top line and profits is now narrowing and given the high base, earnings are likely to moderate further in Q4FY24. "The strong first half of the financial year 2024 (H1FY24) has ensured limited downside risks to FY24 earnings," Nuvama said.

08.01 / 09:51

markets Trade Experts recommendations Penny Circuit to circuit multibagger penny stock hits upper circuit on seventh day in a row

Multibagger penny stock: Marsons shares are one of the multibagger stocks that were delivered by the Indian stock market in the last one year. This penny stock under ₹10 surged from ₹4.05 apiece levels to ₹10.01 per share levels in this time and logged around a 150 per cent rise in the last one year. The BSE-listed multibagger penny stock has given over 65 per cent return to its long-term investors.

08.01 / 08:57

Invesco Opinion Experts recommendations Shyam Metalics QIP: Madhusudan Kela’s trust gets over 5% allotment. Reliance Commercial Infra corners highest portion

The allotment price was at a nearly 12% discount from the Friday closing price of Rs 652 and a 3.62% discount from the floor price of Rs 597.63. The qualified institutional placement started on January 2 and closed on January 5. Reliance Commercial Infra cornered the highest share of QIP at 37.42% or 90 lakh shares. It was followed by Santosh Industries (20 lakh shares or 8.32%), Authum Investment (7.48% or 18 lakh shares), Winro Commercial (7.29% or 17.53 lakh shares), Societe Generale ODI (7.07% or 17 lakh shares) and ITPL Invesco India Contra Fund (6.24% or 15 lakh shares). The company filing has given details of allottees who were allotted 5% or more of the equity shares from the QIP issue.

08.01 / 08:56

UPS Booking Trade reports isolate recommendations fall Godrej Consumer shares fall 3.65 per cent in Monday's trading session

Godrej Consumer Products Ltd. fell 3.65 per cent to Rs 1175.25 in Monday's trade as of 02:10PM (IST) even as the benchmark Nifty ruled at 21587.4, down 123.4 points. The scrip had closed at Rs 1219.85 in the previous session.

08.01 / 08:29

markets Trade Experts show isolate recommendations Mphasis shares drop 2.81% as Sensex falls

MphasiS Ltd. traded 2.81 per cent down at Rs 2564.95 at 01:39PM (IST) on Monday, even as BSE benchmark Sensex dropped 419.68 points to 71606.47. The stock had settled at Rs 2639.2 in the previous session.

08.01 / 07:23

markets IPO Platform Experts band recommendations stake Multibagger IPO: Ashish Kacholia buys stake in this SME stock during Q3. Share hits lifetime high

Ashish Kacholia portfolio: Shares of Basilic Fly Studio Limited witnessed huge buying interest during morning deals on Monday and hit a new lifetime high of ₹440 apiece on NSE. The SME stock that was listed on the NSE SME Emerge platform in September 2023 at a whopping 180 per cent premium against its upper price band of ₹97 per equity share, is one of the multibagger IPOs that the Indian stock market has delivered in 2023.

08.01 / 07:22

markets IPO wellness Trade Experts recommendations Updates 2024 Stretched valuations could weigh on Indian stock market returns in 2024, cautions CLSA

Also Read: MSCI EM Index: India surges to second place; weightage likely to cross 20% by mid-2024 CLSA believes that Nifty is trading at earnings multiples that have historically led to reversals. “India is now the most expensive of the world’s largest markets and the only one trading in the top decile of its historical trading range. In fact, 15 out of the top 19 global markets are trading below their historical average valuations.

08.01 / 06:21

SUN economy Trade Exponent recommendations Updates 2024 Best corporate bond mutual funds to invest in 2024

corporate bond funds. These schemes invest at least 80% of their corpus in the papers of the highest-rated companies. This makes them relatively safer than other debt schemes such as credit risk funds. They are also safer than gilt funds and long term debt funds that are highly sensitive to interest rate changes in the economy. You should pay attention to these two factors: safety and interest rates. Safety became a crucial factor for debt fund investors after a series of defaults and downgrades in the debt space almost three years ago. The shutting down of six schemes by Franklin Templeton Mutual Fund shook conservative investors in debt schemes. Though the environment is different now, you should still proceed cautiously.

08.01 / 06:18

security wellness Experts recommendations FD interest rates: Should investors lock their savings in fixed deposits now?

In view of the banks raising their fixed deposit (FD) interest rates in the recent past, investors are recommended to lock some of their savings in fixed deposits (FDs) at the prevailing high rates.

08.01 / 06:13

markets FIVE Experts information recommendations Penny Multibagger penny stock: Reliance funding fuels rally in Alok Industries shares by 65% in five straight sessions

Multibagger penny stock: Ever since news of Reliance Industries' funding to Alok Industries became public on 2nd January 2023, Alok Industries shares have been touching a new 52-week high for the last five straight sessions. Alok Industries' share price has been touching 52-week highs on a regular basis for the last five straight sessions as the market has gone highly bullish on the penny stock after the news of Reliance Industries investing ₹3,300 crore in the company through investment in Non-Convertible Redeemable Preference Shares of the company.

08.01 / 02:11

markets Reuters economy Trade reports recommendations Updates Weekend Indian stock market: 7 things that changed for market over weekend - Gift Nifty to US nonfarm payrolls

Sensex closed the day 178.58 points, or 0.25%, higher at 72,026.15, while the Nifty 50 settled at 21,710.80, up 52.20 points, or 0.24%. Also Read: Market ahead: Q3 results, Red Sea crisis, inflation, FII activity among key market triggers to watch next week “Healthy pre-quarterly business updates indicate that the earnings growth momentum is likely to continue in Q3 as well. Overall we expect markets to remain in a positive range.

08.01 / 02:11

markets Target Sustainability Trade Experts Universities recommendations Buy or sell: Vaishali Parekh recommends three stocks to buy today — January 8

Buy or sell stocks for today: Despite cautious global market cues, the Indian stock market ended higher after trading range-bound throughout the day on Friday. Nifty 50 index added 52 points and closed at the 21,710 level, and BSE Sensex regained the 72,000 mark by adding 178 points in the last session of the week gone by.

07.01 / 20:25

Extreme poverty track country reports recommendations International A comprehensive assessment of deprivation must consider non-monetary metrics too

The International Economic Association (IEA) conclave of 2023, a mecca for economists from all over the globe who meet once in three years, acknowledged last year as a difficult one, given how many mainstream assessments of a global recession and inflation went wrong. A need was emphasized for new intellectual ideas and methodological applications from beyond traditional economic thought, particularly in the context of scenarios in developing nations.

07.01 / 13:10

Inside reports Department shock recommendations Features Microsoft is getting rid of THIS 28-year-old MS Word alternative. Here's what you should use instead

Microsoft is getting rid of its WordPad application, which has been a staple of every Windows operating system released since 1995. Not only is the Satya Nadella-led company planning to remove the WordPad app from newer builds of Windows, but the app will no longer be reinstallable. Also Read | The Copilot AI Key: Windows PC keyboard is going through it's first significant change in 3 decades The news was first revealed via the Widows Insider blog for the latest Windows 11 Canary Channel build.

07.01 / 11:32

markets Action trends Experts War recommendations Commentary etmarkets Learn with ETMarkets: Spotting trends in gold to latch on buying opportunities

gold in 2024, spotting trends and outlook for gold and silver prices will carry significant weight. One such opportunity has come in the form of recent corrections in bullion.

07.01 / 11:11

UPS CEO Sony Experts recommendations 2024 Income tax 2024 proof submission: Requirements, and tips for smooth processing. A complete guide

Income tax 2024 proof submission: The income tax proof submission's last date for FY 2023-24 is generally 31st March. However, there is no strict deadline and it varies from employer to employer. Generally, your employer may ask you to declare investment proofs from January onwards till March.

07.01 / 05:55

markets SUN Research Trade performer recommendations week Over 45 BSE small-cap stocks surge between 15-50% even as market ends week flat

₹3,300 crore in the company by subscribing to preferential shares. Also Read: Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday In a regulatory filing on January 2, Alok Industries said it has allotted preference shares to RIL upon receipt of subscription money of ₹3,300 crore. The company’s board in November approved the issue of preference shares to Reliance Industries at a dividend rate of 9% on a private placement basis.

06.01 / 11:38

markets IPO Booking security band recommendations International BLS E-Services raises ₹13.75 crore in pre-IPO phase. Revises issue size of upcoming IPO

Upcoming IPO: Ahead of filing the Red herring prospectus (RHP), BLS E-Services — a subsidiary of BLS International Services — has mobilised ₹13.75 crore. As per the company's notice to investors, a total of 17 bought 11 lakh shares of the company in the pre-IPO phase. Prominent names as per the notice issued by the BLS E-Services include Sandeep Srivastava, Satnam Singh Takkar, Vijay Kumar Agarwal, Shaurya Vardhan Sonthalia, Rajya Vardhan Sonthalia, and Tarun Chandmal Jain.

06.01 / 11:13

markets Platform Celebrity social reports recommendations Schools Gen Z consumers prefer brands with social causes: Report

Gen Z consumers attach more value to brands with social causes, with 63 per cent of these consumers more likely to buy from such brands that talk about a purpose, said a new report by youth impact organisation Yuvaa, on Gen Z. According to the report released on Saturday, 71 per cent Gen Z consumers prioritise brands that are environment-friendly.

06.01 / 09:39

Manufacturing WhatsApp Experts reports recommendations Updates Commentary Infosys Q3 Results Preview: PAT seen declining by 9.5% YoY to 5,960 crore, says Elara

Infosys is expected to report a 9.5% year-on-year (YoY) decline in its December quarter net profit at Rs 5,960.10 crore, according to estimates by brokerage Elara Capital. On a sequential basis, a 4.1% contraction in the company's profit after tax (PAT) is seen. This is a sharp decline from the 13.7% YoY growth reported by the company in Q3FY23 PAT at Rs 6,586 crore.

06.01 / 07:30

markets IPO FIVE security information recommendations week Bajaj Auto, Chambal Fertilisers to consider buyback of shares next week

Buyback of shares: Shares of Bajaj Auto and Chambal Fertilisers and Chemicals will be in focus when Indian stock market opens next week. The board of directors of these companies is going to consider and approve the buyback of shares in their meeting scheduled next week.

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