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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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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…

http://www.eqtm.in/Jt8g5
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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…

http://www.eqtm.in/Fi7y2
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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…

http://www.eqtm.in/Nn43G
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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.

http://www.eqtm.in/Xk2g3
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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.

http://www.eqtm.in/Mz2k8
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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.

http://www.eqtm.in/Tb6n5
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Forwarded from Fast Profits Daily
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
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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.

http://www.eqtm.in/y7SFg
Forwarded from Fast Profits Daily
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 ❤️
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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...

http://www.eqtm.in/Zw67J
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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…

http://www.eqtm.in/Zx5f3
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.

http://www.eqtm.in/Te36B
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…

http://www.eqtm.in/Jq29K
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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.

http://www.eqtm.in/Wi75P
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…

http://www.eqtm.in/s3ATm
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Top 5 Penny Stocks with Rising Promoter Holding. Here's a Watchlist...

Keeping track of the rising promoter holding could be a starting point to discover some gems among penny stocks.

Penny Stocks With Rising Promoter Holding

Here’s an extract…

A consistent rise in promoter holding can tell you many things. After all, promoters are the ultimate insiders, the flag bearers of the company who decide everything.

They know the true picture of the existing business, they're well aware of the corporate governance practices, and they understand the business prospects and headwinds.

Tracking this activity becomes even more important when dealing with penny stocks.

The excitement to make big bucks quickly often draws new investors to buy the best penny stocks. And keeping track of penny stocks with rising promoter holding could be a starting point to discover some gems in the markets.

Let’s look at five such companies with an increase in promoter holding in the June 2023 quarter.

http://www.eqtm.in/y9MDb
Why Infosys Share Price is Falling Today

Infosys share price cracked over 9% in a day, registering one of the biggest falls in its history. Here’s why.

Infosys Stock Falls

Here’s an extract…

India’s second largest IT company announced its quarterly results yesterday. The results showcased growth in terms of revenue and profit, but the growth was below market expectations which led to a sharp fall in the share price.

Infosys slashed its revenue guidance from to 1-3.5% from 4-7% projected earlier amid an increasingly challenging demand environment.

Read on for more…

http://www.eqtm.in/n9J6F
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Key Factors that Led to Sensex's Historic Rise from 57,000 to 67,000

Find out why the Sensex is rising and how you should invest now.

Why the Sensex is Rising

Here’s an extract…

With every passing day, the Indian stock market is making new lifetime highs.

In fact, the Sensex has closed above 67,000 and the Nifty has closed in on 20,000.

The main reason why investors and traders pump in money into stocks is because they believe that stock prices will go up, i.e. they are ‘bullish’.

So why is everyone bullish now, especially considering the fact that everyone was ‘bearish’ just a few months ago when the market was falling?

Read on to find out…

http://www.eqtm.in/Xe5p8
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Top 5 Multibagger Smallcap Stocks of 2023 So Far. Take a Look…

These smallcaps stocks have delivered multibagger returns of over 170% so far in 2023. What’s next?

Multibagger Stocks of 2023

Here’s an extract…

With markets on a rise, there are companies whose stocks have given returns of more than 100%. Such companies, in the words of Peter Lynch, are known as multibaggers.

Investors on the lookout for such opportunities have been navigating the Indian markets, which have been consistently hitting new highs, particularly with small-cap stocks leading the charge.

Every second small-cap stock has delivered double-digit returns. Nearly 100 stocks from the BSE Smallcap indices have jumped over 50 per cent, with a dozen among them doubling investor wealth, delivering multibagger returns.

In today's article, we look at five smallcap stocks that have rallied the most in 2023 so far.

http://www.eqtm.in/j6W8D
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L&T's First Ever Share Buyback: Here's What Investors Can Expect...

This is the first buyback of shares in the firm’s 85-year history. Here’s what the street is expecting from the engineering major.

L&T Share Buyback

Here’s an extract…

According to the data from the exchanges, more than 25 companies have officially announced or completed buybacks.

This trend has been fueled by strong financial performance, leading to significant cash reserves.

By repurchasing their own stock, these companies effectively reduce the number of shares available to the public. This, in turn, boosts the ownership stake of existing shareholders, allowing them to claim a larger portion of the company's profits.

In light of the current trend, one noteworthy company that has recently announced a share buyback is L&T.

Read on for more…

http://www.eqtm.in/Mr64G
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Ace Investor Mukul Agarwal Picks Fresh Stake in this Multibagger Renewable Energy Stock

Shares of the company hit a new 52-week high after the ace investor picked stake worth Rs 2.5 billion.

Suzlon Shares Hit 52-Week High

Here’s an extract…

Yesterday post market hours, Suzlon Energy filed its June quarter shareholding, and it was reported that ace investor Mukul Agrawal has bought a significant stake in it.

Mukul Agrawal is a prominent investor in India, who is known for his microcap stocks and smallcap stock picks.

Continue reading to find out why he could have picked stake in the company.

http://www.eqtm.in/Kj7m4
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