📊 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