Equitymaster
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Equitymaster delivers independent, unbiased research on the Indian stock market. Trusted by investors since 1996, we help you build long-term wealth with honest, actionable insights — straight to your phone. https://www.equitymaster.com
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Why Vedanta Share Price is Falling

Here's why the mining major's shares fell 5% today.

Vedanta Stock Falls

Here’s an extract…

Vedanta shares slipped 5% in intraday today in an otherwise upbeat market.

Sustained foreign investor inflows and positive expectations on macroeconomic trends kept benchmark indices in the green. However, stocks like Vedanta went against the tide.

So, what was the reason behind the drop Vedanta’s share price?

Read on to find out…

http://www.eqtm.in/i7E2X
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Fast Profits Daily - Crash in Bank Nifty?

Banking stocks have had a great run but is there trouble ahead?

Click for More...

http://www.eqtm.in/Nq6w5
The Top 5 Fastest Growing Midcap Stocks to Watch Out in 2023

These five midcaps have registered the fastest growth in revenue, profit, and market share.

Fast Growth Midcaps

Here’s an extract…

Mid-cap stocks are sandwiched between large-cap and small-cap stocks.

Largecaps are mature, well-established, and offer steady returns over a long horizon. Smallcaps, on the other hand, sometimes offer quick and exponential returns due to their high growth potential.

With combination of both, mid-cap stocks strike a perfect balance between growth and stability.

Here's a list of the top five fastest-growing mid-cap stocks in the market right now.

http://www.eqtm.in/Aa39Y
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This Pharma Company Just Declared a 1,800% Final Dividend

This pharma stock is rewarding shareholders with a hefty dividend of Rs 325 per share. Do you own it?

1,800% Dividend Declared

Here’s an extract…

India’s prominent pharmaceutical company has announced a massive dividend payout.

With an impressive track record, the company has distributed a total of 29 dividends since the year 2001, highlighting its consistent approach to rewarding shareholders.

Read on for more…

http://www.eqtm.in/Qf78P
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Forwarded from Fast Profits Daily
US ends on a flat note while European indices corrects over a percent; Asian pack trades mix as HangSeng is down 1.65%, Nikkei down 0.65% and SGX Nifty is trending 0.25% down.

Dow Jones hovers around the key psychological level of 33,000; the bulls can be in thw game above 33,456 while 32,300 can be on cards.

Nifty hits 18,700 while BankNifty outperforms in yesterday session to trade around an all-time high.

I have just uploaded a YouTube video discussing the chart setup of likely crash in Bank Nifty. Watch here

#SGXNifty
#PreMarket
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Stock Market Update - SGX Nifty Down 45 Points | Monte Carlo & Apollo Hospitals Q4 Results | Sun Pharma Partners Philogen | Top Buzzing Stocks Today

Top cues to track in today's stock market session.

http://www.eqtm.in/c3Z4Y
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Forwarded from Fast Profits Daily
Nifty's Gap Support Holds the Key 📈📉

The Nifty is currently trading at a crucial support zone of 18,500-18,450 formed by a combination of a gap and a horizontal trendline.

The convergence of support levels signifies a significant area where buyers have historically stepped in, leading to potential price reversals.

The gap of 18,508-18,584 indicates strong buying interest, while the horizontal trendline provides additional confirmation.

Traders and investors closely monitor this level as it holds the potential for a bullish bounce-back. However, caution is advised, as a break below this support zone could signal further downside pressure.

Additionally, the 18,600 may act as a resistance level as the options writers (CE) step in with an addition in OI of 2L in 18600CE to the total of 3.42L as of 10:05am today for 1st June 2023 expiry.
(CMP-18,560)

#Nifty
#KeepItSimple
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Stock Market Update - Sensex Today Trades Lower | Adani Total Gas Slips 4%, SBI 2% | ITC and Tata Steel Top Losers

Indian share markets are trading on a negative note with the Sensex trading 254 points lower, while the Nifty is trading lower by 70 points.

http://www.eqtm.in/g2X6H
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Is the Technology Stocks’ Recovery for Real?

While Indian tech stocks have staged a recovery, their global peers are soaring to new highs.

Tech Stocks Recovery

Here’s an extract…

Apple, Alphabet and Meta saw earnings doubling between 2019 and 2022. Amazon’s earnings nearly tripled during this period.

Also, after a substantial rebound in valuations the stocks are back to their highs. In 2023 itself, the Nasdaq 100 is up over 30% year-to-date.

All this on the back of a technology that has captured the imagination of technology geeks and users alike. It goes by the name of Artificial Intelligence or AI.

http://www.eqtm.in/o2NFi
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When it comes to banks…the choice is not just between Public Sector vs Private or Large vs Small banks…

My experience of tracking banking stocks closely over the last 18 years tells me that it is the culture, discipline and diligence of the management that matters most.

Over the years, I have seen several large banks and financial entities shed investor wealth due to callous growth and poor control over credit quality.

The only reason we at Equitymaster managed to skip entities like IL&FS in our recommendations is because we only recommended financial businesses that we understood well.

And this we learnt from none other than Warren Buffett.

Remind yourself of Buffett’s words when looking for bank stocks…

As a matter of fact, there was a very wise man named — I think it was Morris Cohen (Morris Schapiro) — that said, “There are more banks than bankers,” and if you think about that awhile, you’ll get my point.
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Smallcap Semiconductor Stock Slumps 10% as FY23 Numbers Disappoint Street; Rs 4 Dividend Announced

This megatrend, driven by emerging technologies such as AI, 5G, and the IoT, promises a bright future for stocks within the industry.

Smallcap Semiconductor Stock Falls

Here’s an extract…

The recent market turbulence has sent shockwaves with the share price of ASM Technologies, a prominent name in the semiconductor industry, tumbling 10%.

Was this fall fueled by a sharp decrease in chip sales? Or due to managerial change within the company?

Read on to know more…

http://www.eqtm.in/j4X7K
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Stock Market Update - Sensex Today Ends 347 Points Lower, Nifty Below 18,550 | Axis Bank & SBI Among Top Losers | ONGC Slips 5%

Indian share markets end on a negative note. The BSE Sensex fell 347 points while the Nifty ended lower by 99 points.

http://www.eqtm.in/Hf73R
Why KRBL Share Price is Falling

Despite growing competition, KRBL has stayed ahead of peers by diversifying into new segments.

KRBL Stock Falls

Here’s an extract…

In its investor presentation, the company said that margins were lower due to higher share of bulk non-basmati export sale (11% as against 7% of rice sales).

The company maintained its market leadership position and reported strong numbers for FY23.

Read on form more…

http://www.eqtm.in/Eq23A
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US Debt Ceiling Saga at the Final Stretch. What Happens Next?

The US government has finally reached its debt ceiling. How will the markets react next?

US Debt Ceiling

Here’s an extract…

US politicians have reached a tentative deal to suspend the debt ceiling for two years.

So this should be great news. The markets should be soaring.

But that hasn’t happened. Why?

Read on to know more…

http://www.eqtm.in/Pa93F
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Forwarded from Fast Profits Daily
In May 2023, the Nifty index (2.6%) demonstrated remarkable outperformance over both the Dow Jones (-3.5%) and DAX (-1.6%) indices.

Yesterday, the Nifty index showcased a reversal from the gap support, indicating a potential shift in market sentiment, and today's expiry might find a support zone around the 18,500 level. The hurdle of 18,600-18,639 will be crucial for bulls. Chart here

BankNifty witnessed selling pressure but the last hour recoveryrl reclaiming 44,000 marks 43,822 as the do-or-die level. The bears can be in the game only below 43,800.

The Midcap Index reached an all-time high, suggesting strong bullish momentum, and it is anticipated to continue its outperformance over benchmark index, Nifty50.

#SGXNifty
#PreMarket
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Stock Market Update - SGX Nifty Down 40 Points | Why Arvind Fashions Share Price is Rising | Himadri Specialty Chemical Acquires Stake in Australian Tech firm | Top Buzzing Stocks Today

Top cues to track in today's stock market session.

http://www.eqtm.in/x8Q4D
Stock Market Update - Sensex Today Trades Flat | HUL & Asian Paints Top Gainers | Coal India Tanks 5%

Indian share markets are trading on a flat note with the Sensex trading 71 points higher, while the Nifty is trading higher by 27 points.

http://www.eqtm.in/Ed6x4
Is it Time to Shun Capital Goods Stocks?

Due to sky high valuations, what should you do with these stocks?

Capital Goods: Time to Avoid?

Here’s an extract…

The current valuations are double or more than double the 10-year historic mean numbers.

However, we are missing the most important thing in the stock market, which is the importance of future earnings.

To simply put it, the order book and earnings growth for the capital goods sector anticipated over the next two years is by far the best in the history of the sector.

http://www.eqtm.in/q2N9Y
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Forwarded from Fast Profits Daily
Nifty Pharma Index - Soars with Cup and Handle Breakout! 🚀📈

Nifty Pharma Index has just experienced a significant breakthrough with a remarkable cup and handle pattern breakout.

For quite some time, the index had been consolidating within a cup-like structure, exhibiting a steady accumulation of demand.
Today, we witnessed a breakout through the upper boundary of the pattern. This breakout is a powerful indication of the potential upward momentum in the pharma sector. 💪💊

The Moving Average Convergence Divergence (MACD) indicator has also displayed a positive crossover, soaring above the integer line. This occurrence further solidifies the upward trend and signals a potential continuation of the positive momentum. 📈

Traders and investors, here's a fantastic opportunity to capitalize on the pharma sector's rising fortunes.

Keep a close eye on key pharmaceutical stocks within the Nifty Pharma Index as they could be poised for substantial gains in the coming days.

#NiftyPharma
#KeepItSimple
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IKIO Lighting IPO: 5 Things to Know About this Electronics Manufacturing Company

IKIO Lighting, a reputed LED manufacturer, is coming out with its IPO next week. Should you apply?

IKIO Lighting IPO

Here’s an extract…

IKIO Lighting is a domestic LED manufacturer which is coming out with its IPO in June 2023.

Incorporated in 2016, IKIO Lighting is an Indian manufacturer of light-emitting diode (LED) lighting solutions.

The product portfolio of IKIO can be categorised as LED lighting, refrigeration lights, acrylonitrile butadiene styrene (ABS) piping, and other products.

Let’s take a look at the key details of the IPO.

http://www.eqtm.in/q9GDj
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