📊 ITC Q1 net profit rises marginally to Rs 4,917 crore 📊
📮 ITC Ltd on August 1 said its standalone net profit rose marginally in June quarter to Rs 4,917 crore from Rs 4,903 crore in the corresponding quarter previous year, missing Street expectations.
📮 The FMCG EBITDA margin grew 11.3 percent by 25 bps YoY and saw a sequential price uptick in certain commodities. As per the company, amidst muted demand, the FMCG businesses saw revenue growing 6.3 percent YoY to Rs 5,491 crore.
📮 ITC Ltd on August 1 said its standalone net profit rose marginally in June quarter to Rs 4,917 crore from Rs 4,903 crore in the corresponding quarter previous year, missing Street expectations.
📮 The FMCG EBITDA margin grew 11.3 percent by 25 bps YoY and saw a sequential price uptick in certain commodities. As per the company, amidst muted demand, the FMCG businesses saw revenue growing 6.3 percent YoY to Rs 5,491 crore.
🚨Why market is falling today ?
🏮There will be 100 reasons now and also 100 reasons in future for market to fall.
🏮Hold strong stocks and sit tight.
🏮But if you need to know why the market is falling today, here are the reasons:
📮 Geopolitical Tension: Concerns about Iran possibly entering the war.
📮 US Corporate Earnings: Worries that US companies may continue to post results below estimates.
📮 Global Market Sell-Off: Weak US economic data and high unemployment claims.
📮 Profit-Taking: Investors are booking profits as Sensex and Nifty are at record highs.
Stay strong, hold onto your strong stocks, and sit tight. I’ll keep you updated with any new developments!
🏮There will be 100 reasons now and also 100 reasons in future for market to fall.
🏮Hold strong stocks and sit tight.
🏮But if you need to know why the market is falling today, here are the reasons:
📮 Geopolitical Tension: Concerns about Iran possibly entering the war.
📮 US Corporate Earnings: Worries that US companies may continue to post results below estimates.
📮 Global Market Sell-Off: Weak US economic data and high unemployment claims.
📮 Profit-Taking: Investors are booking profits as Sensex and Nifty are at record highs.
Stay strong, hold onto your strong stocks, and sit tight. I’ll keep you updated with any new developments!
🚨Hey everyone, today's market is down(had posted a caution post yesterday), but FMCG stocks like Britannia Industries and Marico are up.
Here’s why:
📮 Defensive Nature: FMCG stocks are stable even during downturns.
📮 Positive Earnings: Good quarterly results can boost prices.
📮 Sector Rotation: Investors shift to safer sectors during uncertainty.
📮 Macroeconomic Factors: FMCG companies handle inflation and interest rate changes better.
📮 Institutional Buying: Big investors see FMCG as a safe bet.
📮 Market Sentiment: Non-cyclical nature keeps them strong.
Stay informed and invest wisely! 📈
Here’s why:
📮 Defensive Nature: FMCG stocks are stable even during downturns.
📮 Positive Earnings: Good quarterly results can boost prices.
📮 Sector Rotation: Investors shift to safer sectors during uncertainty.
📮 Macroeconomic Factors: FMCG companies handle inflation and interest rate changes better.
📮 Institutional Buying: Big investors see FMCG as a safe bet.
📮 Market Sentiment: Non-cyclical nature keeps them strong.
Stay informed and invest wisely! 📈
Hi Everyone,
🚨Today was quite the ride in both the US and Indian markets.
🏮Here's what happened that cooled investor panic about a potential US recession:
📮 ISM Non-Manufacturing PMI: The Institute for Supply Management reported that the PMI for the services sector increased to 51.4 in July from 48.8 in June. A reading above 50 indicates growth in the services sector, which makes up over two-thirds of the US economy.
📮 Market Reaction: This positive news caused the VIX (volatility index) to drop from 55 to 32, easing fears of a recession.
I will keep you updated on the new developments.
🚨Today was quite the ride in both the US and Indian markets.
🏮Here's what happened that cooled investor panic about a potential US recession:
📮 ISM Non-Manufacturing PMI: The Institute for Supply Management reported that the PMI for the services sector increased to 51.4 in July from 48.8 in June. A reading above 50 indicates growth in the services sector, which makes up over two-thirds of the US economy.
📮 Market Reaction: This positive news caused the VIX (volatility index) to drop from 55 to 32, easing fears of a recession.
I will keep you updated on the new developments.
📊 Global Selloff Alert: 5 Fundamentally Strong Stocks to Watch Out for Big Gains 📊
📮 While short-term volatility persists, these stocks, with their strong domestic focus and underlying growth fundamentals, could offer a relatively safe haven for investors seeking to capitalise on the market downturn.
1️⃣ Varun Beverages
2️⃣ Hindustan Unilever
3️⃣ Mahindra and Mahindra
4️⃣ Maruti Suzuki
5️⃣ CAMS
📮 While short-term volatility persists, these stocks, with their strong domestic focus and underlying growth fundamentals, could offer a relatively safe haven for investors seeking to capitalise on the market downturn.
1️⃣ Varun Beverages
2️⃣ Hindustan Unilever
3️⃣ Mahindra and Mahindra
4️⃣ Maruti Suzuki
5️⃣ CAMS
🚨What is Volatility Index or VIX ?
📮 The Volatility Index (VIX), often called the "fear gauge," measures market expectations of near-term volatility conveyed by S&P 500 stock index option prices.
📮 When the VIX is high, it indicates that investors expect significant market volatility in the near future.
📮 Conversely, a low VIX suggests that investors anticipate stable market conditions.
📮 High VIX: Indicates fear and uncertainty in the market.
📮 Low VIX: Suggests investor confidence and market stability.
In essence, the VIX provides insight into investor sentiment and potential market fluctuations.
📮 The Volatility Index (VIX), often called the "fear gauge," measures market expectations of near-term volatility conveyed by S&P 500 stock index option prices.
📮 When the VIX is high, it indicates that investors expect significant market volatility in the near future.
📮 Conversely, a low VIX suggests that investors anticipate stable market conditions.
📮 High VIX: Indicates fear and uncertainty in the market.
📮 Low VIX: Suggests investor confidence and market stability.
In essence, the VIX provides insight into investor sentiment and potential market fluctuations.
📊 BSE Sectoral Index Performance Today 📊
🔸 Oil & Gas +3.75%
🔸 Metal +3.44%
🔸 Energy +3.34%
🔸 PSU +3.30%
🔸 Infra +3.01%
🔸 Telecom +2.80%
🔸 Power +2.07%
🔸 Auto +1.87%
🔸 FMCG +1.38%
🔸 Oil & Gas +3.75%
🔸 Metal +3.44%
🔸 Energy +3.34%
🔸 PSU +3.30%
🔸 Infra +3.01%
🔸 Telecom +2.80%
🔸 Power +2.07%
🔸 Auto +1.87%
🔸 FMCG +1.38%
📊 Cabinet approves 8 new railway projects worth Rs 24,600 crore, says Union minister Ashwini Vaishnaw 📊
📮 The Cabinet Committee on Economic Affairs on August 9 gave its approval for 8 railway projects worth Rs 24,657 crore, bolstering development process in aspirational and tribal-dominated districts, Union minister Ashwini Vaishnaw said during a press briefing.
📮 Out of these 8 projects, three will be developed in Odisha's southern and western regions, the minister said.
📮 The Cabinet Committee on Economic Affairs on August 9 gave its approval for 8 railway projects worth Rs 24,657 crore, bolstering development process in aspirational and tribal-dominated districts, Union minister Ashwini Vaishnaw said during a press briefing.
📮 Out of these 8 projects, three will be developed in Odisha's southern and western regions, the minister said.
📊 Hindustan Zinc's Shares Decline After Vedanta Announces 2.6% Stake Sale 📊
📮 Vedanta's board of directors have approved the sale of up to 11 crore equity shares, which represent 2.60% of Hindustan Zinc, via an offer for sale, the company said in a press release on Tuesday. The firm did not announce any date for the sale.
📮 At the end of the June quarter, Vedanta held 64.92% or over 274 crore shares of Hindustan Zinc Limited.
📮 Vedanta's board of directors have approved the sale of up to 11 crore equity shares, which represent 2.60% of Hindustan Zinc, via an offer for sale, the company said in a press release on Tuesday. The firm did not announce any date for the sale.
📮 At the end of the June quarter, Vedanta held 64.92% or over 274 crore shares of Hindustan Zinc Limited.
📊 Top 5 Stocks in the Billion Dollar Indian Wedding Industry 📊
📮 India's wedding industry is enormous and commands a significant portion of India's GDP. It's no surprise that it's the country's fourth-largest sector.
📮 With an estimated 8 to 10 million (m) weddings celebrated annually, India leads the world in matrimonial ceremonies.
1️⃣ Vedant Fashions
2️⃣ Titan
3️⃣ Raymond
4️⃣ Indian Hotels Company
5️⃣ Kalyan Jewellers
📮 India's wedding industry is enormous and commands a significant portion of India's GDP. It's no surprise that it's the country's fourth-largest sector.
📮 With an estimated 8 to 10 million (m) weddings celebrated annually, India leads the world in matrimonial ceremonies.
1️⃣ Vedant Fashions
2️⃣ Titan
3️⃣ Raymond
4️⃣ Indian Hotels Company
5️⃣ Kalyan Jewellers
📊 5 Real Estate Stocks Poised to Benefit from the Revised LTCG Rules 📊
📮 In her budget speech last month, Finance Minister Nirmala Sitharaman made significant changes to the long term capital gains (LTCG) and short term capital gains (STCG) tax rules.
📮 The LTCG was increased from 10% to 12.5% for both financial as well as non-financial assets. The STCG on specified financial assets was also raised from 15% to 20%.
1️⃣ Macrotech Developers (Lodha)
2️⃣ Godrej Properties
3️⃣ Prestige Estates
4️⃣ Oberoi Realty
5️⃣ DLF
📮 In her budget speech last month, Finance Minister Nirmala Sitharaman made significant changes to the long term capital gains (LTCG) and short term capital gains (STCG) tax rules.
📮 The LTCG was increased from 10% to 12.5% for both financial as well as non-financial assets. The STCG on specified financial assets was also raised from 15% to 20%.
1️⃣ Macrotech Developers (Lodha)
2️⃣ Godrej Properties
3️⃣ Prestige Estates
4️⃣ Oberoi Realty
5️⃣ DLF
📊 Top Artificial Intelligence Stocks in India 2024: AI Companies to Add to Your Watchlist 📊
1 TCS
2 HCL Tech
3 Oracle Financial Services Software
4 Infosys
5 Tata Elxsi
6 Cyient
7 Happiest Minds Technologies
8 Affle India
9 Newgen Software
10 Persistent Systems
1 TCS
2 HCL Tech
3 Oracle Financial Services Software
4 Infosys
5 Tata Elxsi
6 Cyient
7 Happiest Minds Technologies
8 Affle India
9 Newgen Software
10 Persistent Systems
📊 SEBI Slaps 5-Year Securities Market Ban On Anil Ambani And 24 Entities 📊
📮 SEBI’s decision was announced on Friday, following a detailed investigation into certain irregularities. Ambani and the other entities are now barred from buying, selling or dealing in securities in any manner, directly or indirectly, for the next five years. The ban is effective immediately.
📮 The market regulator also imposed a fine of ₹25 crore on Ambani and fined Reliance Home Finance ₹6 lakh. The company is also barred from the securities market for six months.
📮 SEBI’s decision was announced on Friday, following a detailed investigation into certain irregularities. Ambani and the other entities are now barred from buying, selling or dealing in securities in any manner, directly or indirectly, for the next five years. The ban is effective immediately.
📮 The market regulator also imposed a fine of ₹25 crore on Ambani and fined Reliance Home Finance ₹6 lakh. The company is also barred from the securities market for six months.
📊 Top 5 Stocks to Benefit as Government Removes Cap on Ethanol Diversion 📊
📮 Ethanol stocks are soaring once again, with shares of leading sugar companies surging by up to 13% on 30 August 2024.
📮 This renewed excitement stems from a game-changing policy shift by the Union government, which now permits sugar mills to use cane juice or syrup for ethanol production in the Ethanol Supply Year (ESY) 2024-25, beginning on 1 November 2024.
1️⃣ EID Parry
2️⃣ Praj Industries
3️⃣ Balrampur Chini Mills
4️⃣ Shree Renuka Sugars
5️⃣ Triveni Engineering
📮 Ethanol stocks are soaring once again, with shares of leading sugar companies surging by up to 13% on 30 August 2024.
📮 This renewed excitement stems from a game-changing policy shift by the Union government, which now permits sugar mills to use cane juice or syrup for ethanol production in the Ethanol Supply Year (ESY) 2024-25, beginning on 1 November 2024.
1️⃣ EID Parry
2️⃣ Praj Industries
3️⃣ Balrampur Chini Mills
4️⃣ Shree Renuka Sugars
5️⃣ Triveni Engineering
📊 Nifty PE surges past 10-yr avg as liquidity fuels rally; Macquarie bets on banks, autos 📊
📮 Indian stock markets have largely been on an upward trajectory over the past few months, fueled by abundant liquidity. Analysts note that the recent market surge has driven valuations higher, making them more expensive.
📮 Nifty 50 index is currently trading at a one-year forward price-to-earnings (PE) ratio of 21.05x. While it is close to the 5-year average of 20x, it is trading significantly above the 10-year average of 18.21x, according to Bloomberg data.
📮 Based on this analysis, Macquarie finds the Financials (particularly banks and diversified financials), Telecom, Autos, and Materials sectors to be attractive. Conversely, it views Staples, Utilities, Healthcare, and Industrials as less appealing.
📮 Indian stock markets have largely been on an upward trajectory over the past few months, fueled by abundant liquidity. Analysts note that the recent market surge has driven valuations higher, making them more expensive.
📮 Nifty 50 index is currently trading at a one-year forward price-to-earnings (PE) ratio of 21.05x. While it is close to the 5-year average of 20x, it is trading significantly above the 10-year average of 18.21x, according to Bloomberg data.
📮 Based on this analysis, Macquarie finds the Financials (particularly banks and diversified financials), Telecom, Autos, and Materials sectors to be attractive. Conversely, it views Staples, Utilities, Healthcare, and Industrials as less appealing.
📊 Tata Motors' JLR Sees U.K. Sales Rocket 81% To 2,681 📊
📮 Tata Motors‘s luxury car subsidiary Jaguar Land Rover reported sales of around 2,681 units in the month of August. This is an around 81% increase from the 1,479 units sold in August 2023.
📮 Jaguar's sales for the month stood at 607 cars, a 74% jump from the 348 units sold in the same month last year. Land Rover saw a jump of around 83% to 2,074 units, compared to 1,131 cars sold in August 2023. The luxury car makers sold 6,121 units in July and 6,421 units in June.
📮 Tata Motors‘s luxury car subsidiary Jaguar Land Rover reported sales of around 2,681 units in the month of August. This is an around 81% increase from the 1,479 units sold in August 2023.
📮 Jaguar's sales for the month stood at 607 cars, a 74% jump from the 348 units sold in the same month last year. Land Rover saw a jump of around 83% to 2,074 units, compared to 1,131 cars sold in August 2023. The luxury car makers sold 6,121 units in July and 6,421 units in June.
📊 Adani Group gets ready to raise up to ₹40,000 crore from retail investors, aims to hedge risks 📊
📮 Adani Group plans to raise up to ₹40,000 crore from its retail investors over the coming three to four years to diversify funding sources and hedge risk, Moneycontrol reported on Thursday, September 5, citing people in the know.
📮 Adani Enterprises on Wednesday launched its public issue of secured non-convertible debentures (NCDs) worth ₹400 crore. The debt instruments with tenures of two to five years offer an effective annual yield of 9.25-9.90 per cent and were fully subscribed on day 1, according to the report.
📮 Adani Group plans to raise up to ₹40,000 crore from its retail investors over the coming three to four years to diversify funding sources and hedge risk, Moneycontrol reported on Thursday, September 5, citing people in the know.
📮 Adani Enterprises on Wednesday launched its public issue of secured non-convertible debentures (NCDs) worth ₹400 crore. The debt instruments with tenures of two to five years offer an effective annual yield of 9.25-9.90 per cent and were fully subscribed on day 1, according to the report.
📊 Top 10 Green Energy Stocks In India Ranked By Market Cap 📊
1️⃣ Reliance Industries
2️⃣ Larsen & Toubro
3️⃣ NTPC
4️⃣ Adani Green Energy
5️⃣ Indian Oil
6️⃣ GAIL
7️⃣ Tata Power
8️⃣ JSW Energy
9️⃣ Suzlon Energy
🔟 Inox Wind
1️⃣ Reliance Industries
2️⃣ Larsen & Toubro
3️⃣ NTPC
4️⃣ Adani Green Energy
5️⃣ Indian Oil
6️⃣ GAIL
7️⃣ Tata Power
8️⃣ JSW Energy
9️⃣ Suzlon Energy
🔟 Inox Wind
📊 Top 10 Underperforming Large Cap Stocks In Last 3 Years 📊
🔴 Adani Total Gas
🔴 Adani Energy Solutions
🔴 SBI Cards
🔴 Wipro
🔴 Shree Cements
🔴 Berger Paints
🔴 Kotak Mahindra Bank
🔴 HDFC Life Insurance
🔴 Bajaj Finance
🔴 Asian Paints
🔴 Adani Total Gas
🔴 Adani Energy Solutions
🔴 SBI Cards
🔴 Wipro
🔴 Shree Cements
🔴 Berger Paints
🔴 Kotak Mahindra Bank
🔴 HDFC Life Insurance
🔴 Bajaj Finance
🔴 Asian Paints
📊 Top 5 Stocks That Stand to Benefit From the Fed Rate Cut 📊
🤔 The US Federal Reserve's recent 0.5% rate cut signals the start of what could be a prolonged easing cycle, with projections pointing to another 0.5% cut in 2024 and an additional 1% in 2025.
🤔 This bold move reflects the Fed's strategy to get ahead of potential labour market challenges and stabilize the US economy amid looming uncertainties.
1️⃣ Persistent Systems
2️⃣ L&T Technology
3️⃣ HDFC Bank
4️⃣ Cyient
5️⃣ Gland Pharma
🤔 The US Federal Reserve's recent 0.5% rate cut signals the start of what could be a prolonged easing cycle, with projections pointing to another 0.5% cut in 2024 and an additional 1% in 2025.
🤔 This bold move reflects the Fed's strategy to get ahead of potential labour market challenges and stabilize the US economy amid looming uncertainties.
1️⃣ Persistent Systems
2️⃣ L&T Technology
3️⃣ HDFC Bank
4️⃣ Cyient
5️⃣ Gland Pharma