Stock Market Update - Sensex Today Hits Record High | Shriram Finance Rallies 10% | Power Grid, L&T Top Gainers
Indian share markets are trading on a positive note with the Sensex trading 207 points higher, while the Nifty is trading higher 53 points.
http://www.eqtm.in/Nz3s8
Indian share markets are trading on a positive note with the Sensex trading 207 points higher, while the Nifty is trading higher 53 points.
http://www.eqtm.in/Nz3s8
Can This Housing Finance Stock Deliver Higher Returns Than Bajaj Finance?
Find out why I believe this housing finance stock merits attention.
Top Housing Finance Stock
Here’s an extract…
As an investor in large-cap stocks, it’s pertinent to focus more on the sector than on specific stocks.
Instead of picking stocks, focus on an industry which has multiple tailwinds.
Then look to invest in 4-5 goods stocks in that sector. Buying a basket of stocks in the industry you think is going to be an outperformer makes a lot of sense.
So which sector is set for a boom and is not already expensive?
Read on to find out…
http://www.eqtm.in/y6A4T
Find out why I believe this housing finance stock merits attention.
Top Housing Finance Stock
Here’s an extract…
As an investor in large-cap stocks, it’s pertinent to focus more on the sector than on specific stocks.
Instead of picking stocks, focus on an industry which has multiple tailwinds.
Then look to invest in 4-5 goods stocks in that sector. Buying a basket of stocks in the industry you think is going to be an outperformer makes a lot of sense.
So which sector is set for a boom and is not already expensive?
Read on to find out…
http://www.eqtm.in/y6A4T
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5 Stocks Witnessing Consistent Decline in FII Holding. Should Investors be Concerned?
Buying and selling activities of FIIs often have a substantial impact on stock prices. These five stocks have seen FII selling for four consecutive quarters.
FIIs Are Selling These 5 Stocks
Here’s an extract…
With a keen interest in India's thriving economy, FIIs often seek undervalued assets that may not receive the same attention in other markets.
As FII holdings decline, shadows of concern loom large for these five Indian stocks.
Continue reading…
http://www.eqtm.in/p9ERj
Buying and selling activities of FIIs often have a substantial impact on stock prices. These five stocks have seen FII selling for four consecutive quarters.
FIIs Are Selling These 5 Stocks
Here’s an extract…
With a keen interest in India's thriving economy, FIIs often seek undervalued assets that may not receive the same attention in other markets.
As FII holdings decline, shadows of concern loom large for these five Indian stocks.
Continue reading…
http://www.eqtm.in/p9ERj
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Stock Market Update - Sensex Today Ends Off Record High, Up 195 Points | Blue Dart Jumps 7% | HDFC Bank & ONGC Among Top Gainers
Indian share markets end on a positive note. The BSE Sensex rose 195 points while the Nifty ended higher by 42 points.
http://www.eqtm.in/Hn7x8
Indian share markets end on a positive note. The BSE Sensex rose 195 points while the Nifty ended higher by 42 points.
http://www.eqtm.in/Hn7x8
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Why HDFC AMC Share Price is Rising
HDFC AMC share price soars to five-month high. Is the good run here to stay or is this just a temporary relief?
HDFC AMC Stock RIsess
Here’s an extract…
Shares of HDFC Asset Management Company (AMC) witnessed a significant surge of over 11% during yesterday’s trading session, reaching a daily high of Rs 2,108.
This closing price marked the highest level in the past five months, as shares surpassed the January 2023 peak.
Let's look at the reasons behind the rally.
http://www.eqtm.in/Fk56W
HDFC AMC share price soars to five-month high. Is the good run here to stay or is this just a temporary relief?
HDFC AMC Stock RIsess
Here’s an extract…
Shares of HDFC Asset Management Company (AMC) witnessed a significant surge of over 11% during yesterday’s trading session, reaching a daily high of Rs 2,108.
This closing price marked the highest level in the past five months, as shares surpassed the January 2023 peak.
Let's look at the reasons behind the rally.
http://www.eqtm.in/Fk56W
IdeaForge Technology IPO: 5 Things to Know
India's first ever mainboard drone IPO set to hit the markets as soon as next week. More details inside...
http://www.eqtm.in/Tz54G
India's first ever mainboard drone IPO set to hit the markets as soon as next week. More details inside...
http://www.eqtm.in/Tz54G
How AI Will Impact a Stock Trader’s Life. Everything You Need to Know...
Will the success and failure of traders in the stock market be decided by artificial intelligence (AI)? Explore AI's profound impact on traders’ lives.
Trading in the Stock Market Using AI
Here’s an extract…
Artificial intelligence (AI) has emerged as a game-changing technology in the realm of stock market trading.
The integration of AI into the lives of stock market traders has revolutionised their approach to decision-making, market analysis, risk management, and trading strategies.
Let’s explore AI's profound impact on stock market traders' lives in this article.
http://www.eqtm.in/No8n3
Will the success and failure of traders in the stock market be decided by artificial intelligence (AI)? Explore AI's profound impact on traders’ lives.
Trading in the Stock Market Using AI
Here’s an extract…
Artificial intelligence (AI) has emerged as a game-changing technology in the realm of stock market trading.
The integration of AI into the lives of stock market traders has revolutionised their approach to decision-making, market analysis, risk management, and trading strategies.
Let’s explore AI's profound impact on stock market traders' lives in this article.
http://www.eqtm.in/No8n3
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Why Piramal Enterprises Share Price is Rising
Piramal Enterprises exits Shriram Transport via block deal. Stock zooms 15%.
Piramal Enterprises Stock Rises
Here’s an extract…
Piramal Enterprises recently made waves by selling its entire stake in Shriram Finance.
This move has now propelled its share price higher by over 13%.
The Shriram Finance share price also scaled new peak today, rallying around 15%.
What’s so special about this stake sale that propelled both the companies’ share price higher?
Let’s find out.
http://www.eqtm.in/Fr4d8
Piramal Enterprises exits Shriram Transport via block deal. Stock zooms 15%.
Piramal Enterprises Stock Rises
Here’s an extract…
Piramal Enterprises recently made waves by selling its entire stake in Shriram Finance.
This move has now propelled its share price higher by over 13%.
The Shriram Finance share price also scaled new peak today, rallying around 15%.
What’s so special about this stake sale that propelled both the companies’ share price higher?
Let’s find out.
http://www.eqtm.in/Fr4d8
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Forwarded from Fast Profits Daily
US markets traded on a flat note as the Nasdaq slipped over a percent, while the DAX ended in the red with a loss of 0.55%.
Indian markets soared to a record close as bulls cautiously took baby steps at an all-time high.
The Midcap and Smallcap index continue to outperform the Nifty50, suggesting that this trend may persist in the coming months.
Nifty is displaying a higher high higher low pattern, indicating a bullish structure, with the bears potentially coming into play only if there is a break below 18600, while the levels of 18900-19000 are within reach.
Banking and IT sectors are currently experiencing a lack of bullish momentum for Nifty, while Pharma and FMCG sectors continue to lead the way.
In BankNifty, the 44000 level is proving to be a significant hurdle as bears are hovering at higher levels, with Open Interest in Futures indicating short buildups.
SGX Nifty is indicating the negative opening of 30pts at 18,880.
#SGXNifty
#PreMarket
Indian markets soared to a record close as bulls cautiously took baby steps at an all-time high.
The Midcap and Smallcap index continue to outperform the Nifty50, suggesting that this trend may persist in the coming months.
Nifty is displaying a higher high higher low pattern, indicating a bullish structure, with the bears potentially coming into play only if there is a break below 18600, while the levels of 18900-19000 are within reach.
Banking and IT sectors are currently experiencing a lack of bullish momentum for Nifty, while Pharma and FMCG sectors continue to lead the way.
In BankNifty, the 44000 level is proving to be a significant hurdle as bears are hovering at higher levels, with Open Interest in Futures indicating short buildups.
SGX Nifty is indicating the negative opening of 30pts at 18,880.
#SGXNifty
#PreMarket
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Stock Market Update - SGX Nifty Down 44 Points| SpiecJet Enters Settlement Agreement | Why Syschem India Share Price is Rising | Top Buzzing Stocks Today
Top cues to track in today's stock market session.
http://www.eqtm.in/Ei62L
Top cues to track in today's stock market session.
http://www.eqtm.in/Ei62L
Forwarded from Fast Profits Daily
Nifty50 Heatmap
https://www.equitymaster.com/india-markets/nifty/nse-nifty-heatmap?utm_source=submenu
https://www.equitymaster.com/india-markets/nifty/nse-nifty-heatmap?utm_source=submenu
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Stock Market Update - Sensex Today Trades Flat | IT stocks Drag | IDFC First Bank Slips 3%, Delhivery Jumps 5%
Indian share markets are trading flat with the Sensex down by 13 points, while the Nifty is trading higher by 10 points.
http://www.eqtm.in/m2ZLg
Indian share markets are trading flat with the Sensex down by 13 points, while the Nifty is trading higher by 10 points.
http://www.eqtm.in/m2ZLg
What the ideaForge IPO Means for Infosys
There is a safer way to ride the asymmetrical payoffs of new disruptive tech businesses.
ideaForge IPO and Infosys
Here’s an extract…
Founded in 2007, ideaForge has over 15 years of research and development (R&D) history. It has more than 20 global patents.
It dominates the segment of security and surveillance with a 90% market share.
Infosys has been an indirect play on the opportunity in the drone sector all through.
http://www.eqtm.in/Yr6t7
There is a safer way to ride the asymmetrical payoffs of new disruptive tech businesses.
ideaForge IPO and Infosys
Here’s an extract…
Founded in 2007, ideaForge has over 15 years of research and development (R&D) history. It has more than 20 global patents.
It dominates the segment of security and surveillance with a 90% market share.
Infosys has been an indirect play on the opportunity in the drone sector all through.
http://www.eqtm.in/Yr6t7
Why Mazagon Dock Share Price is Rising
In a span of one month, the defense shipbuilding company has logged gains of over 65%. The stock fell 6% yesterday. What’s next?
Mazagon Dock Stock Rises
Here’s an extract…
The share price of Mazagon Dock Shipbuilders, a manufacturer of warships and submarines, hit a 52-week high of Rs 1,337.7 on 21 June 2023.
The stock however, fell 6% from its 52-week high in late trade yesterday.
Still, the stock has rallied around 65% in the past one month.
Let’s find out what’s driving the rally in the defence shipbuilding stock.
http://www.eqtm.in/o3NYp
In a span of one month, the defense shipbuilding company has logged gains of over 65%. The stock fell 6% yesterday. What’s next?
Mazagon Dock Stock Rises
Here’s an extract…
The share price of Mazagon Dock Shipbuilders, a manufacturer of warships and submarines, hit a 52-week high of Rs 1,337.7 on 21 June 2023.
The stock however, fell 6% from its 52-week high in late trade yesterday.
Still, the stock has rallied around 65% in the past one month.
Let’s find out what’s driving the rally in the defence shipbuilding stock.
http://www.eqtm.in/o3NYp
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Why HEG Share Price is Rising
The company operates in a niche segment and has high entry barriers. Currently, it’s lagging on optimum capacity utilisation. Read on…
HEG Stock Rises
Here’s an extract…
A month ago, in May 2023, we wrote about why HEG’s share price was falling as it came under pressure for a brief period after declaring its quarterly results.
However, the share price bounced back even stronger and in the next couple of days, it was back to 52-week high.
In 2023 so far (up to 22 June 2023), HEG share price has gained 53.2% and in the past one year, it has rallied 71%.
Let’s find out why the stock is on a roll…
http://www.eqtm.in/z4Y9R
The company operates in a niche segment and has high entry barriers. Currently, it’s lagging on optimum capacity utilisation. Read on…
HEG Stock Rises
Here’s an extract…
A month ago, in May 2023, we wrote about why HEG’s share price was falling as it came under pressure for a brief period after declaring its quarterly results.
However, the share price bounced back even stronger and in the next couple of days, it was back to 52-week high.
In 2023 so far (up to 22 June 2023), HEG share price has gained 53.2% and in the past one year, it has rallied 71%.
Let’s find out why the stock is on a roll…
http://www.eqtm.in/z4Y9R
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Why Kalyan Jewellers Share Price is Rising
Shares of Kalyan Jewellers have rallied over 20% in a month. In the past year, shares have rallied 125%. What next?
Kalyan Jewellers Stock Rises
Here’s an extract…
In this article, we discuss the stock of an established name in the jewellery market, Kalyan Jewellers.
Shares of the company have rallied over 20% in a month. In the past year, Kalyan Jewellers has rallied 125%. In 2023, the stock is up around 5%. It recently touched a 52-week high of Rs 137.
Let’s take a look at the factors driving this growth and what lies ahead.
http://www.eqtm.in/Cc9s4
Shares of Kalyan Jewellers have rallied over 20% in a month. In the past year, shares have rallied 125%. What next?
Kalyan Jewellers Stock Rises
Here’s an extract…
In this article, we discuss the stock of an established name in the jewellery market, Kalyan Jewellers.
Shares of the company have rallied over 20% in a month. In the past year, Kalyan Jewellers has rallied 125%. In 2023, the stock is up around 5%. It recently touched a 52-week high of Rs 137.
Let’s take a look at the factors driving this growth and what lies ahead.
http://www.eqtm.in/Cc9s4
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Forwarded from Fast Profits Daily
PSU Bank Index - Rejection at Resistance Zone 📉
The index made a significant move towards the resistance zone of 4130, but unfortunately, it faced a strong rejection at that level.
The rejection suggests that the bulls are struggling to push the index higher, indicating potential bearish pressure in the near term.
It is crucial to closely monitor the key support level of 3,950.
If the PSU Bank Index breaks below this level, it would confirm the breakdown of the Rising Trendline and 50DEMA.
A breakdown would likely signal a shift in sentiment and could attract further selling pressure from traders and investors.
#PSUBank
#KeepItSimple
The index made a significant move towards the resistance zone of 4130, but unfortunately, it faced a strong rejection at that level.
The rejection suggests that the bulls are struggling to push the index higher, indicating potential bearish pressure in the near term.
It is crucial to closely monitor the key support level of 3,950.
If the PSU Bank Index breaks below this level, it would confirm the breakdown of the Rising Trendline and 50DEMA.
A breakdown would likely signal a shift in sentiment and could attract further selling pressure from traders and investors.
#PSUBank
#KeepItSimple
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HDFC Ltd and HDFC Bank Trend Bullish Ahead of Merger
Multiple trading theories suggest both HDFC and HDFC Bank could exhibit a bullish pattern ahead of the merger.
HDFC Twins: A Bullish Trend
Here’s an extract…
Housing Development Finance Corp (HDFC) Ltd and HDFC Bank, two prominent entities in the Indian financial sector, are currently showing bullish trends on the daily charts.
In this article we will look at these charts in detail.
The potential merger between HDFC Ltd and HDFC Bank is a very important factor for traders to consider.
http://www.eqtm.in/b7QBn
Multiple trading theories suggest both HDFC and HDFC Bank could exhibit a bullish pattern ahead of the merger.
HDFC Twins: A Bullish Trend
Here’s an extract…
Housing Development Finance Corp (HDFC) Ltd and HDFC Bank, two prominent entities in the Indian financial sector, are currently showing bullish trends on the daily charts.
In this article we will look at these charts in detail.
The potential merger between HDFC Ltd and HDFC Bank is a very important factor for traders to consider.
http://www.eqtm.in/b7QBn
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Top Stocks Declaring Bonus Shares in July 2023
These three companies are set to issue bonus shares in July 2023. Do you own any of these stocks?
Bonus Shares Declaration
Here’s an extract…
Bonus shares are free shares that shareholders receive against shares they currently hold. Investing in stocks that announce bonus shares can be an attractive proposition for investors.
According to data available on BSE as of 21 June 2023, a remarkable 35 companies have already announced bonus shares in 2023.
Here are three stocks that will trade ex-bonus in July 2023.
http://www.eqtm.in/e8AXc
These three companies are set to issue bonus shares in July 2023. Do you own any of these stocks?
Bonus Shares Declaration
Here’s an extract…
Bonus shares are free shares that shareholders receive against shares they currently hold. Investing in stocks that announce bonus shares can be an attractive proposition for investors.
According to data available on BSE as of 21 June 2023, a remarkable 35 companies have already announced bonus shares in 2023.
Here are three stocks that will trade ex-bonus in July 2023.
http://www.eqtm.in/e8AXc
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Top 5 Tyre Companies in India by Growth
The Indian tyre industry is expected to grow at a CAGR of 6.6% in the next five years. Here are five companies that could benefit the most.
High Growth Tyre Companies
Here’s an extract…
In the last three years, the entire industry combined has invested close to Rs 350 billion (bn) towards capex for expanding capacities and debottlenecking.
This will translate to a turnover of Rs 1,000 bn in the next three years. The current industry turnover is Rs 750 bn.
Considering this, we have shortlisted five tyre companies that rank the highest in terms of revenue and profit growth. These stocks are filtered using the Equitymaster stock screener.
http://www.eqtm.in/Lw4e3
The Indian tyre industry is expected to grow at a CAGR of 6.6% in the next five years. Here are five companies that could benefit the most.
High Growth Tyre Companies
Here’s an extract…
In the last three years, the entire industry combined has invested close to Rs 350 billion (bn) towards capex for expanding capacities and debottlenecking.
This will translate to a turnover of Rs 1,000 bn in the next three years. The current industry turnover is Rs 750 bn.
Considering this, we have shortlisted five tyre companies that rank the highest in terms of revenue and profit growth. These stocks are filtered using the Equitymaster stock screener.
http://www.eqtm.in/Lw4e3
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Stock Market Update - Sensex Today Ends 280 Points Lower | Indian Cements Tanks 6% | Tata Motors & Bajaj Finance Top Losers
Indian share markets end on a negative note. The BSE Sensex fell by 281 points while the Nifty ended lower by 84 points.
http://www.eqtm.in/j5MDe
Indian share markets end on a negative note. The BSE Sensex fell by 281 points while the Nifty ended lower by 84 points.
http://www.eqtm.in/j5MDe
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