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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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
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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
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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
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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
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Under Radar Stocks to Profit from India's Electronics Revolution

Selecting stocks in India’s electronics ecosystem must be with sufficient diligence.

Click for More...

http://www.eqtm.in/Ax2e9
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Cyient DLM IPO: 5 Things to Know About this Electronics Manufacturing Company

From grey market premium to price band, here’s everything you need to know about the upcoming IPO of Cyient DLM.

Cyient DLM IPO

Here’s an extract…

Increasing electronics demand, global chip shortage, easy availability of cheap resources in India, government’s make-in-India drive, among other factors, cumulatively provides an interesting growth opportunity for Indian electronics companies.

The top Indian electronics companies are gearing up to make the most of this revolution. Sectoral tailwinds are encouraging companies to go live with their public offers.

Electronics manufacturing company, Cyient DLM is going public. Read on to know more…

http://www.eqtm.in/m9KWk
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Logistics Stock Delhivery Zooms 7% Post Block Deal. More Details Inside...

Delhivery shares hit an eight-month high after big block deal by Carlyle. Read on to know more about its FY23 performance and growth prospects.

Delhivery Block Deal

Here’s an extract…

Last night, reports started circulating that PE firm, Carlyle, is looking to sell a stake in logistics firm Delhivery.

Sure enough, the American PE firm sold a 2.53% stake in the e-commerce logistics company today.

Find out more about the block deal…

http://www.eqtm.in/Wc6r2
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Forwarded from Fast Profits Daily
The Remarkable Outperformance of the Nifty Smallcap Index over the Russell 2000 📈
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Forwarded from Fast Profits Daily
Oh Nifty bulls, yet another miss to hit a new all-time high, suggesting the bears efforts to protect the stop-loss.

While the DJIA traded on a flat note, SPX reversed after retesting the breakout, driven by the gains in IT stocks.

An increase in OI above 18800 on Nifty indicates a short build-up. A potential short-covering rally can be on cards only if the index surpasses 18929. Until then, the bearish sentiment persists as they continue to build their positions, indicating a distribution phase in the broader market.

BankNifty's rejection at the 44000 level, forming a rounding top pattern, serves as a signal that the bears are gaining control over the trend.

For the first time since March 2023, the overall market breadth favored the bears with a ratio of 1:3, suggesting a sign of profit bookings taking place.

SGX Nifty is indicating a negative opening, and if the spot price breaks below the 18,745-18,650 zone, it could potentially mark the short-term top in this market.

#SGXNifty
#PreMarket
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Stock Market Update - SGX Nifty Trades Flat| L&T, DRDO Sign AIP Deal | Why Sugar Stocks Are Rising | Top Buzzing Stocks Today

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

http://www.eqtm.in/Fq4t2
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Forwarded from Fast Profits Daily
Critical Moment for Nifty Bulls: A Do-or-Die Battle for Success 📈📉🚨

It's yet another crucial moment for the Nifty bulls as they face a do-or-die situation around the 18650-18700 zone.

The index is currently on the brink of breaking down from the rising channel pattern observed on the 2-hour chart.

Notably, the 62EMA on the 2-hour chart has served as a significant support area since the rally that began in April 2023, and its integrity is now under threat.

If the bulls can successfully defend this critical support zone, we may see the all-time high (ATH) being retested, bringing positive prospects. However, should they fail to protect this zone, a potential decline towards the 18,376 level, especially considering the upcoming monthly expiry.

Furthermore, the 17700PE option holds a substantial Open Interest (OI) of over a lakh, presenting a formidable obstacle for the bears.

Happy trading! 📈📉
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Indian Companies Leading the AI Revolution

The pick and shovel stocks in the AI gold rush.

Top Indian AI Companies

Here’s an extract…

There is a gold rush unfolding.

There are businesses collecting billions of data points and making sense of it using AI and ML for companies to grow business and for users to consume more content.

Like it or not, the big data is here. And so is AI.

Combine the two and what you are looking at a business model with network effects, scalability, and market opportunity.

And there are Indian companies playing a big role in the AI revolution.

http://www.eqtm.in/Jr62L
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Stock Market Update - Sensex Today Trades Lower | Adani Enterprises Slips 5%, ONGC 2% | Hindalco & BPCL Among Top Losers

Indian share markets are trading lower with the Sensex down by 178 points, while the Nifty is trading down by 75 points.

http://www.eqtm.in/Xi23D
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Another Block Deal. This Time it’s in a Tata Group Stock. What’s Brewing?

Voltas, a Tata group company, saw a massive block deal yesterday. Its share price is down 4% today. Continue reading to find out more…

Voltas Block Deal Today

Here’s an extract…

According to reports, around 9.64 lakh shares of Voltas changed hands yesterday at Rs 780 apiece.

The name of the buyers and sellers, however, are not yet determined. More details will be out soon, as the exchanges provide more information.

But the effect on the stock price can be seen already. Shares of the company fell around a percent yesterday and are down 4% today.

In fact, the stock has continued the downtrend throughout this week.

Read on for more…

http://www.eqtm.in/a5NGe
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Should Long Term Investors Worry About Recession and Inflation?

How events like recession and inflation impacts the portfolios of long term investors.

Recession and Inflation

Here’s an extract…

The sentiment in financial markets around the world is clearly bullish. Even retail investors can sense it. They are back investing in the broader market of midcaps and smallcaps.

So what does this mean? Should investors ignore the concerns about recession and inflation?

No, they shouldn’t. That would be unwise. But at the same time, they also shouldn’t lose sleep over these concerns.

Let’s address these concerns and find the best way to tackle them. Here we will discuss concerns of recession and inflation from the point of view of long term investors.

http://www.eqtm.in/Qn5f2
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Stock Market Update - Sensex Today Ends 260 Points Lower | Adani Power, Adani Transmission Tank 6% | Tata Motors & SBI Top Losers

Indian share markets end on a negative note. The BSE Sensex fell by 260 points while the Nifty ended lower by 105 points.

http://www.eqtm.in/d4LBj
5 Beaten Down Growth Stocks that Have Fallen Out of Favor. How Long Before They Bounce Back?

These five growth stocks are still down a lot. Is this the right time to add them to your watchlist?

Can These Growth Stocks Bounce Back?

Here’s an extract…

Given the market's robust performance, investors are looking for bargains in a rising market.

One effective strategy is identifying stocks that have experienced significant declines from their all-time highs.

However, it is not enough to solely focus on discounted prices.

Finding businesses that possess outstanding qualities, such as a competitive advantage and ample growth prospects, is also essential.

Here are five beaten-down growth stocks for your watchlist.

http://www.eqtm.in/Ko6d2
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Adani Group and Hindenburg Research: Who Will have the Last Laugh?

Just when investors thought Adani stocks were coming out of the Hindenburg effect, a new regulatory concern sent all stocks crashing.

Adani Group Stocks Fall

Here’s an extract…

A Bloomberg reports says US authorities are looking into the presentations made by the Adani Group to its American investors following the Hindenburg report.

According to the Bloomberg report, the US Attorney’s Office in Brooklyn, New York, has sent inquiries in recent months to institutional investors with large holdings in Adani group companies.

The requests for information were focused on what Adani Group told those investors. The Securities and Exchange Commission also has a similar probe underway.

This time again, the skeletons of the past are coming back to haunt Adani stocks. Most of the group companies have witnessed a serious correction in early trade today.

Read on for more…

http://www.eqtm.in/t5G8W
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Forwarded from Fast Profits Daily
It’s Dark Cloud Cover – Are You Ready Bears? 🐻

Are we nearing the short-term top on the weekly chart of Nifty as we observed the dark cloud cover candlestick pattern?
This reversal pattern, appearing at the top, signals a potential downturn in the market.

The dark cloud cover pattern suggests a shift in momentum from bullish to bearish, indicating a possible fall in prices ahead. 📉

Let's dive into the fascinating history of reversal candlestick patterns on the weekly chart of Nifty. Are you prepared for a potential fall?

Patterns like the Dark Cloud Cover, Bearish Engulfing, and Bearish Harami have played significant roles in indicating potential downturns in the market. 🐻

I recorded a video on Nifty, highlighting the exhaustion sign. Watch here

It is essential to stay cautious and evaluate the overall market conditions and other supporting indicators before making any trading decisions.

Happy Weekend!
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Top 5 Midcap Stocks with Consistently Rising Profit Margins

These five companies have expanded profit margins despite inflationary pressures. Here's how they did it...

Top Midcap Stocks

Here’s an extract…

Fundamentally strong midcap stocks have historically given good returns in the long term.

Moreover, they strike a perfect balance between low-risk largecaps and high-growth small-cap companies.

Identifying the best midcap stocks to invest in can be a little tiring. However, one parameter that you could consider while shortlisting midcap stocks is the operating profit margins and net profit margin.

Read on for more...

http://www.eqtm.in/g6SYj
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Sunil Singhania's Latest Stock Pick is this Auto Dealer Company, Riding on Big Tailwinds

As per the bulk deal data on NSE, Sunil Singhania picked stake in this auto dealer company. This, after a PE firm offloaded shares through a block deal.

Sunil Singhania’s Latest Pick

Here’s an extract…

Abakkus Asset Manager is an investment management company founded by Sunil Singhania, who was the CIO of Equity Investments at Reliance Mutual Funds.

As per the bulk deal data reported yesterday, Singhania picked a big stake in a newly listed auto dealer company.

The buying activity took the auto company for a ride as the stock surged around 10% to near its 52-week high.

http://www.eqtm.in/d2DZc
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