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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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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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Stock Market Update - Sensex Today Ends 194 Points Lower, Nifty Below 18,500 | Torrent Pharma Slips 7% | Why Coal India Share Price is Falling

Indian share markets end on a negative note. The BSE Sensex fell 194 points while the Nifty ended lower by 47 points.

http://www.eqtm.in/Fp3y8
Why Campus Activewear Share Price is Falling

Campus Activewear shares fall 15% in two days, nearing its IPO price. Here’s why.

Campus Activewear Stock Falls

Here’s an extract…

Shares of Campus Activewear have been experiencing a downward trajectory of late, plunging over 15% in the past two sessions.

Since the beginning of 2023, the share price have been on a persistent downward trajectory, eroding 25.1% of their value.

On Wednesday, the stock dipped by 8%, reaching the day’s low of Rs 305 per share, trading near its IPO issue price.

Let's find out what has led to this sudden fall in the stock.

http://www.eqtm.in/Wr38Y
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Stocks Near 52-Week Highs That Still Look Undervalued

Despite scaling a new peak, these stocks remain undervalued and are in a sweet spot. Continue reading to know more about them…

52-Week High Stocks

Here’s an extract…

Over the past 10 weeks, stocks have been very good to investors. They've been scaling new heights, capitalising on the bullish market sentiment.

Amid the bullishness in the market, there are some stocks that are nearing their 52-week highs and yet look undervalued by their valuation ratios.

Let’s take a look at five such stocks.

http://www.eqtm.in/Js38W
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My Watchlist of High Quality Smallcaps

It's good to see smallcaps rallying. How long can this rally continue?

Click for More...

http://www.eqtm.in/Km8b3
Top 5 Biotech Stocks to Add to Your Watchlist

India's rising R&D spending has fueled rapid growth in the biotech market. Here’s list of five companies that will make a big splash.

Best Biotech Stocks

Here’s an extract…

With over 5,000 biotech companies, including more than 4,000 startups, India is a major hub of biotech innovation.

These companies are involved in various activities, including research and development, production, and commercialisation of biotechnology products and services.

To reap the benefits of this sunrise sector, here are the top five biotech stocks in India.

http://www.eqtm.in/Jb8c5
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Forwarded from Fast Profits Daily
Global markets trade in the green as the Dow Jones leads with a 0.5% gain fueled by technology and banking sectors, while European markets closed with positive results. Asian markets opened on a positive note, indicating a favorable start to the trading day.

SGX Nifty indicates a gap up of 86 points, supported by positive global markets, suggesting a strong start for the trading session.

The positive SGX Nifty suggests that the Nifty is likely to reverse from the gap support, indicating a bullish tone in the market.

Bank Nifty faced downward pressure, breaching the key support level of 44000, and is now expected to encounter resistance within the range of 44000-44200.

The auto and pharma sectors are expected to be in focus due to their potential for significant market activity and noteworthy developments.

#SGXNifty
#PreMarket
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Stock Market Update - SGX Nifty up 79 Points | L&T To Build World's Largest Green Hydrogen Plant | Mphasis' Carbon Neutrality Drive | Top Buzzing Stocks Today

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

http://www.eqtm.in/a2B9X
Stock Market Update - Sensex Today Trades Flat | Hero MotoCorp, TVS Motors Up 2% | IndusInd Bank & Infosys Top Losers

Indian share markets are trading on a flat note with the Sensex trading 9 points lower, while the Nifty is trading higher by 8 points.

http://www.eqtm.in/Tt9x3
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How You Can Unlock the Profit Potential in Indian Drone Stocks

India aspires to be a global drone hub by 2030. Here’s how you can participate in the drone revolution.

Best Drone Stocks in India

Here’s an extract…

Drones have flown beyond the concept and imagination stage to become ubiquitous and a part of our day to day lives.

But this is just the beginning for India. The country aims to position itself as a global drone hub by 2030. As per NITI Aayog estimates, the Indian market for UAVs will be US$ 50 bn over the next 15 years.

So, let's take a look at listed companies that are participating in the drone revolution.

http://www.eqtm.in/d5M9J
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Why Coal India Share Price is Falling

The government has decided to exercise the green shoe option after Coal India’s OFS saw over 350% oversubscription on the first day.

Coal India Stock Falls

Here’s an extract…

The stock has recently witnessed a mild sell-off, falling around 7% in the past two days.

So far in 2023, the stock is only up around 3%.

Let’s take a look at the reasons behind the selloff and what lies ahead for Coal India.

http://www.eqtm.in/p2N4D
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