Fast Profits Daily - Is the Sensex Repeating Harshad Mehta Rally?

Are we seeing a repeat of 1991? Find out...

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Infosys: Rising from the Ashes?

In this editorial, we look at the pattern on the weekly chart of Infosys. We also talk about key resistance levels and potential for future trends.

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Stock Market Update - Sensex Today Ends 360 Points Higher, Crosses 67,000 Mark | Tejas Networks Surges 7% | NTPC & Bajaj Finance Among Top Gainers

Indian share markets ends on the positive note. The BSE Sensex ended higher by 360 points while the Nifty ended higher by 97 points.

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HCL Technologies US$ 300 Million Bet on India’s Semiconductor Industry

Another player enters India's thriving silicon scene: HCL Group's US$ 300 million chip assembly venture. More details inside.

HCL Tech’s Semiconductor Foray

Here’s an extract…

The group is expected to submit a proposal to the Indian government to establish an assembly, testing, marking, and packaging (ATMP) facility for semiconductors, with an estimated project value of US$ 200-300 million (approx. Rs 15-22.5 bn).

HCL Group will be leading this project. The group's IT exports division is valued at US$ 12.6 bn (approx. Rs 940 bn).

The HCL Group plans to apply for standard operating procedures (SOPs) under the US$ 10 bn semiconductor incentive program.

Read on for more…

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Stock Market Update - Gift Nifty Trades Flat | Tata Groups EV Battery Push | Lemon Tree's New Hotel Deal | Top Buzzing Stocks Today

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

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Stock Market Update - Sensex Today Trades Lower | Infosys & HCL Tech Among Top Losers | Hatsun Agro Surges 8%

Indian share markets are trading on a negative note, with the Sensex down by 182 points, while the Nifty is trading lower by 54 points.

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Nifty is Approaching 20,000: What Should Investors Do?

Markets at All Time Highs: Here’s What You Should Do

Nifty @ 20,000

Here’s an extract…

Risk management, i.e. being cognizant of the risks when all people talk about is everything going right, is the most important trait an investor can have.

Even if you take a 13% growth of Nifty companies over the next two years, the Nifty PE falls to around 19 times, two years forward. Even this is not cheap by any measure.

And when you look at small and midcap companies, the euphoria is building up. When low quality companies trade at unjustifiable valuations, it’s time to be cautious.

Read on for more…

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Is Bajaj Auto the Next Big Growth Story in the Indian Auto Industry?

Investor sentiment around Bajaj Auto has received a boost due to falling raw material prices.

Bajaj Auto on a Roll

Here’s an extract…

The stock ended yesterday’s trade at Rs 4,823. It’s not too far from its 52-week high of Rs 4,988 reached on 13 July 2023.

In the June 2023 quarter, Bajaj Auto sold over a million units, a rise of 10% year on year (YoY).

Read on to know more…

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These 2 Smallcap Stocks Have Doubled in 3 Months. What's Next?

These smallcaps stocks have delivered multibagger returns of over 130% in three months. Will their dream run continue?

2 Multibagger Smallcaps

Here’s an extract…

As of 19 July 2023, the BSE Smallcap index has surged an impressive 15.4% so far in 2023. The NSE Nifty Smallcap 100 index has seen a bigger increase of 17.4%.

To put this in context, the Sensex is up 8.4% in 2023 and the Nifty is up 8.5%. This means that the broader markets have outperformed the Sensex and Nifty.

63 small-cap stocks recorded double-digit weekly returns in the past week. A select few outperformed with returns of over 25%.

Read on for more…

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Stock Market Update - Sensex Today Ends at Record High, Gains 474 Points | Nifty Tops 19,950 | Polycab India Zooms 10%

Indian share markets end on a strong note. The Sensex surged 474 points while the Nifty ended higher by 146 points.

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Top 5 Cash-rich Smallcap Stocks to Add to Your Watchlist

Smallcaps can hold tremendous growth potential, especially when backed by solid financial foundations.

Cash Rich Smallcaps

Here’s an extract…

Small-cap stocks are often overlooked by mainstream investors due to their relatively lower market capitalisation and lower visibility.

However, these companies can hold tremendous growth potential, especially when backed by solid financial foundations.

Smallcap companies that boast substantial cash reserves are particularly intriguing as they possess the financial muscle to weather market uncertainties, pursue growth opportunities, and maximize shareholder value.

In this article, we shine a spotlight on the top smallcap cash-rich stocks, uncovering the hidden gems that have the potential to outshine larger counterparts in the investment landscape.

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AI is Taking the World by Storm: Popular AI Growth Stocks to Add to Watchlist

The Indian artificial intelligence sector could potentially produce the biggest wealth creators in the next few years. These five stocks should be on every investor’s radar.

AI Growth Stocks

Here’s an extract…

AI is driving productivity across diverse industries. It’s revolutionising healthcare, finance, agriculture, education, and transportation. This offers investors a wonderful opportunity to benefit from this investing megatrend.

While the list of AI stocks in India may be limited, the industry is experiencing rapid growth. Indian and global tech giants are actively involved in this space, showcasing the potential for significant returns on investments.

So, with this in mind, we highlight 5 popular AI growth stocks to add to your watchlist.

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Nifty, just shy of hitting the milestone of 20,000 marks, reaches a high of 19,991.

Dow Jones rises for the ninth consecutive trading day. The healthcare, retail, and finance sectors led the rally yesterday, while the technology sector trades in the red.

The Nasdaq dips over 2% as Tesla (-9.7%) and Netflix (-8.4%) experienced declines following the company's misses in quarter estimates and the margin shrinks in their quarterly numbers.

Infosys quarterly numbers released yesterday revealed a miss in street estimates on Q1 profits and a reduction in guidance for FY24, leading to an 8.4% decline in the Infy ADR. The range of 1,320-1,360 will be a crucial support zone for bulls.

Gift Nifty indicates a negative opening of 75 points. On Nifty (spot), support is positioned in the range of 19,789-19,832, which may hold if the banking stocks trend positively.

Bank Nifty swiftly surpassed the 46,000 level; the range of 45,600-45,800 is now likely to act as support for the July series.


#GiftNifty
#PreMarket

Stock Market Update - Gift Nifty Up 18 Points | Infosys & Havells India Q1 Results | ACC-Ambuja Cement Merger Plans Scrapped | Top Buzzing Stocks Today

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

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Nifty IT opens at the breakout retest zone. What is your strategy?

Buying the dip 👍🏻
Avoid it as Infy is down 👎🏻
Will wait for confirmation ❤️

Can This Little-Known Small Cap Company can be an 'All Or Nothing Stock'?

Find out what's in store for this small cap financial stock trading at distress valuations.

Click for More...

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A Lesser Known Smallcap that Could Ride the Clean Energy Revolution

The green energy revolution has a long way to run.

A Clean Energy Smallcap Stock

Here’s an extract…

The craze around the clean energy and electric vehicle themes has led to massive runups in these stocks.

With a big policy push from the government and massive inflows in to green energy funds, there could be more steam left.

However, I would not touch them with a 10-foot pole. Reason?

The underwhelming return ratios in these businesses and skyrocketing valuations that don’t make sense to me.

Read on for more…

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Stock Market Update - Sensex Tanks 540 Points | Infosys Falls 9%, HCL Tech 5% | HUL & Wipro Top Losers

Indian share markets are trading on a negative note, with the Sensex down by 540 points, while the Nifty is trading lower by 136 points.

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ITC Share Price Breakout: The Turnaround Has Just Begun

From a technical perspective, the stock price has broken out of a long-standing resistance zone.

Technical View on ITC Stock

Here’s an extract…

Despite being a significant conglomerate with diverse businesses, the perception of ITC as a non-performing and stagnant stock prevented many investors from considering it as a viable investment.

Contrary to the prevailing sentiment, ITC has astounded the market by proving investors wrong with its remarkable performance.

Over the span of 14 months, the stock has rallied an astonishing 100%, signalling a potential paradigm shift in perception and inviting a closer look at its underlying potential.

Read on form more…

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Stock Market Update - Sensex Today Slumps 888 Points | Nifty Falls Below 19,750 | 3 Reasons Why Indian Share Market is Falling

Friday’s decline comes after six straight sessions of gains, where benchmarks BSE Sensex and NSE Nifty scaled fresh record highs.

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5 Smallcap Stocks with Highest Return on Assets

These five companies have exceptionally high RoA indicating operational efficiency. Should you invest?

Smallcaps With High Return on Assets

Here’s an extract…

RoA tells how much earnings a business generates from its assets. A higher RoA indicates that the company is using its assets efficiently.

This ratio measures the profitability of a business in relation to its assets. It is calculated by dividing the net profit by the net assets of a company.

Also, if the ratio is consistently improving over time, it means the company is able to generate higher profits with smaller investments.

Here are 5 smallcap stocks that have the highest RoA…

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