BJP names seven candidates for UP legislative council
BJP released a list of candidates for UP legislative council elections, including Vijay Bahadur Pathak. The party aims to strike a caste and regional balance for the upcoming Lok Sabha elections. 13 members' terms are ending in May. Key Points
Economic TimesMarket’s at an all-time high, but thunder is missing? Here’s why explains Dipan Mehta
Dipan Mehta says the absence of froth and lower risks in the market indicate positive sentiment. The percentage of professionals managing the money compared to just raw retail coming to the market is significantly higher at this time around in this bull market than ever before. Union Bank's sensible strategy to improve capital and drive growth is praised while auto sector may see a slowdown. Key Points
Economic TimesMidcaps and smallcaps will continue to drive the rally upwards: Deepak Shenoy
“ I continue to think local domestic money that is coming in mid and smallcaps will continue to fuel, it if it has to keep going ahead. From January onwards, results will show us how good the Diwali season is and if Diwali was really good in terms of earnings, we should see the consumer durables or the staple sector start to take more weight in the movements going forward.” Key Points
Economic TimesThank You For coming box office: Bhumi Pednekar film earns ₹1.5 crore on day 2
Thank You For coming box office collection: The sex comedy, backed by Rhea Kapoor and Ekta Kapoor, took its India total to ₹2.62 crore in two days. | Bollywood Key Points
Hindustan TimesThank You For coming box office collection day 1: Bhumi's film mints ₹80 lakh
Thank You For coming has been directed by Karan Boolani. The film stars Bhumi Pednekar, Kusha Kapila, Shehnaaz Gill, Shibani Bedi, Dolly Singh and Anil Kapoor. | Bollywood Key Points
Hindustan Times
Private sector capex has taken off, says Finance Minister Nirmala Sitharaman
India's private sector is beginning to invest, according to Finance Minister Nirmala Sitharaman. She expressed confidence that the country's economy will perform well in the coming quarters and that India will be able to handle the effects of high US interest rates. Sitharaman also stated that Prime Minister Narendra Modi will win re-election in 2024, as the government has delivered on its promises. Key Points
Economic TimesMy spouse came out as trans just 3 days after our wedding
Just days after their wedding, the writer's partner started using a different name and different pronouns. The writer instantly accepted the change. Key Points
InsiderExplained: How with films like Kanjoos Makkhichoos, Bhool Bhulaiyaa 2 & Hera Pheri 3, the genre of comedy is back-Entertainment News , Firstpost
We also have Kartik Aaryan's Bhool Bhulaiyaa 3 coming up on Diwali 2024. Welcome back, comedy. Wait, that's the name of a comedy film too. Key Points
FirstpostMayuresh Joshi on 3 Adani Group stocks that can be bought on dips now
Mayuresh Joshi, Head of Research -India, William O'Neil, says earnings are expected to hold up the market because that is ultimately the crux on which the markets hinge upon. The market looks in fine fettle as we speak and both the macros and micros as far as India is concerned are holding out pretty well for the markets. Key Points
Economic TimesWhere to do bottom fishing in this volatile market? Gurmeet Chadha answers
Gurmeet Chadha discusses investment opportunities in railway, defence, auto ancillary stocks, chemicals, and metal sectors. He also shares insights on market triggers, liquidity flow, sector-specific considerations, and strategic portfolio adjustments in response to market conditions. One can do some bit of bottom fishing in railway , defence and some of the auto ancillary stocks. Key Points
Economic Times
ET Now GBS 2024: Govt cranks up engine to put Vande Bharat trains on international tracks, says Ashwini Va
The challenge was to develop it (Vande Bharat) in our country by our own engineers and the challenge has been taken very well. I can say with a good level of confidence that in the coming years, we would start exporting this train, said Vaishnaw, who also holds the communications, and electronics and information technology portfolios. Key Points
Economic TimesMobile exports to grow to $50-60 billion, says IT Minister Vaishnaw
(Mobile phones worth) $11 billion were exported last year. In the coming days, you will see exports to the tune of $50-60 billion. 10 lakh people work in electronics manufacturing. In the coming days, 25 lakh people will work in electronics manufacturing, Vaishnaw said while sharing a presentation on India's growth story. Key Points
Economic TimesTop-line consumption growth is back; market discounting state election results: Sunil Subramaniam
“With commodity prices falling, we are going to see margins increase. From an overall situation, I would rather see that the consumption pack sacrifice margins for growth at this stage because that will have a multiplier effect on their own business and the economy. Getting growth back is positive because capacity utilisation has kind of frozen.” Key Points
Economic TimesIn times of volatility: 5 largecap stocks from different sectors with upside potential of up to 31%
Last three weeks have seen a sharper correction both in terms of what nifty and sensex have witnessed but also in terms of market breadth coming underpressure. Now because this correction is coming at a time, when some events risks are on the domestic front and also because of developments in the US. It would be better that caution should be added to the decision making in the stock market. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market. Key Points
Economic TimesIn H2, Bajaj Auto domestic biz showing signs of incremental growth; big opportunity seen in ASEAN: Rakesh
“Rather than V-shaped recovery, it is better for everyone, for the entire ecosystem, for the dealers, for the vendors, for the company, to see a robust if flatter recovery. We are seeing that happen. A 3-5% single digit positive is a nice recovery to see. The top half of the segment is growing in the higher single digits – 8-9%.” Key Points
Economic Times
Most teams in this IPL are taking risks and it is coming off: Rohit Sharma
Chasing a stiff 200-run target set by Royal Challengers Bangalore, MI on Tuesday romped home in 16.3 overs. Key Points
The Indian Express5 logistics & transportation companies with 'strong buy' and 'buy' ratings that can offer up to 37% retur
As the economic activities continue to pick pace, logistic companies are back on their feet. They had suffered during covid period and due to rising oil prices, a couple of them did some internal restructuring to put things back on track. Now there are more tailwinds than headwinds. The list only includes companies which have an institutional shareholder holding of at least 8 percent.The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list. Key Points
Economic TimesIT midcaps and smallcaps, consumer discretionary stocks showing better traction: Sumit Poddar
Tikona Capital's Sumit Poddar believes that the fall in inflation, crude prices and commodity costs are driving a positive shift in consumer discretionary stocks, and predicts that this trend will continue. As customers regain their spending power, there will be growth across the consumer discretionary sector, especially in areas like footwear and railway capex. Poddar recognises that IT spending is down, but notes that small or midcap IT services companies are likely to show better traction. Key Points
Economic TimesTo take care of possible headwinds: 4 largecap stocks from different sectors with upside potential of up t
Market has a strange habit of giving surprises on both sides, moving up when no one is expecting and news is bad all around. Falling when no one is expecting it to fall and there is good news all around. So, in today’s time when there is good news all around, right from higher GDP numbers to better GST collections and on micro front companies announcing more orders and even words like expansion of capacity coming back, instead of predicting the time when there will be a correction, just be ready for it. Ready by staying with large caps and that too with sectors and stocks where some tailwinds are emerging. This is not to say that there cannot be some underperformance in large cap space, but the fact is that over the long term these large caps not only create much more wealth but in a bearish phase, they tend to protect the wealth by falling less as compared to mid and small caps. Key Points
Economic TimesBJP Budgets For Third Term
India Business News: Explore the budget presented by Nirmala Sitharaman as BJP plans for their third term in power. Discover the government's focus on long-term measures for India's development and the messages conveyed to the average voter. Key Points
Times Of India
ET Exclusive: We know how to handle the fallout of high US rates, says Finance Minister Nirmala Sitharaman
For India, this coming quarter is the quarter when people open up their purses (festive season). They go out spending and it is not as if it is some onetime thing. It pans between September and goes till December. Till after the new year you would have enough reasons to believe that demand situation is going to only go up. So, I expect the next quarter will also do well, says FM Nirmala Sitharaman. Key Points
Economic Times5 logistics & transportation companies with 'strong buy' and 'buy' ratings that can offer up to 48% return
Decline in oil prices, increased economic activity are tailwinds. Will the step taken by RBI to control inflation show an impact on overall economic growth this quarter and that is what may turn out to be a headwind. The list of the logistic companies is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list. Key Points
Economic TimesCementing portfolio; 5 mid and small cap cement stocks which can deliver over 36 % returns, say analysts
While the focus of news stays ACC and Ambuja, it would be better to look at many other players, some of them in mid and small cap space. Some of them have improved their performance in terms of operational efficiency. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list. Key Points
Economic TimesThere's no fear that we are slipping into a bearish stock market: Sunil Subramaniam
“Emerging market flows could be under pressure and which is what we have been seeing for quite a few months. India was the last man standing, most emerging markets had been getting outflows from three-four months back, India held down till end August and it was only in September that we got a little bit of a shock in terms of outflows.” Key Points
Economic TimesScope for Nifty and generally markets in India to go up are tremendously high: Deepak Shenoy
Premiumisation is happening in a meaningful way. Income levels have gone up at least for a relatively small percentage of the population but that is really the India that can be targeted in a meaningful way by most of the players – be it cars or food delivery and all of that stuff. We will be surprised by how much Indians are willing to pay for entertainment, tourism and travel. Key Points
Economic Times
Fed hinting at longer high interest rate regime casts shadow on gold's investment appeal
The coming weeks would be important as the Chinese central bank is expected to throw some surprises, which should see some recovery in Gold amid broader risk-off sentiments. From the US the Federal Reserves annual Jackson Hole symposium returns as the key event this week as Chair Powell kicks off the event with an economic outlook speech on Friday. Key Points
Economic Times6 dead after school bus-car collision on Delhi-Meerut Expressway; video surfaces
A video of the horrific incident was captured on CCTV. In the video, the school bus could be seen coming from the wrong direction when the accident took place. Key Points
Business TodayNifty immediate upside target at 18459, support placed at 18250; Wipro, Avanti Feeds among top stocks to buy
NSE Nifty 50 uptrend is expected to continue, despite selling seen in the last two sessions. The immediate targets of 18459 is also likely to be taken out in the coming sessions. Key Points
FinancialexpressAssam news: 4-year-old child killed as boat capsises, over 50,000 affected by thunderstorm
A thunderstorm in Assam caused four deaths and affected over 50,000 people, leading to uprooted trees, damaged houses, and a capsized boat with casualties. Search and rescue operations are ongoing with assistance from SDRF and NDRF teams. Key Points
mintChakri Lokapriya on 4 cement and metal stocks to consider now
HDFC Bank's results reflect the transition the bank is going through, with the need to increase their share of loans with retail and SME. Loan growth for the bank is expected to pick up in the coming quarter. The valuations are all right, and earnings are slightly mixed. The IT sector is experiencing a pivot, with US interest rates set to fall, leading to the execution of pending order books. The financial services industry in the US will be the first to start executing orders. Key Points
Economic TimesInvestors need not be jittery; PM Modi coming back with good majority: Nirmala
New Delhi, Nov 27 (PTI) Finance Minister Nirmala Sitharaman on Monday said that Prime Minister Narendra Modi will come back to power in 2024 with a “good majority” and global investors need not be “jittery”. She also said the government is committed to systemic reforms to accelerate the pace of growth. Participating in a debate […] Key Points
ThePrintRisk reward favourable in bank stocks; once inflation eases, expect rallies in strong sectors: Rohit Sriva
“As long as Bank Nifty does not close below 43,869 on a weekly basis, this should be a point from where the index finds support. The risk reward to being bullish on the market is much higher than the bearish stance. Therefore, one should look at opportunities. Stocks have dipped. They are giving the opportunity to enter and that should be looked into very closely.” Key Points
Economic TimesWeekly Top Picks: 4 stocks with score improvement and upside potential of up to 28%
The Q4 earnings season is coming to a close, it is a season where bulls have been largely in control. During this time stocks from different sectors have seen an improvement in their analyst scores.The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame. Key Points
Economic Times‘It seems he bats on computer….where do we bowl to you now’: Sourav Ganguly to Rashid Khan, cricketverse reacts to Suryakumar Yadav ripping through RCB
Coming in to bat at 51/1, Surya smacking 35-ball-83. An innings laced with seven fours and six maximums. Key Points
The Indian ExpressWhy Sudip Bandyopadhyay prefers L&T to Bhel; 4 stocks to look in metal counter
“As things stand today with the metal cycle turning around and considering the price where it is, Vedanta is one stock an aggressive investor can look at taking a bet on for some time. Specifically on aluminium, one can look at Hindalco but one has to remember that these trends change very quickly.” Key Points
Economic Times
If you have a one-year horizon, then you are better off doing bank fixed deposits now: Lakshmi Iyer
“The key driver I think for the markets in India is going to be if RBI opens market bond sales. I think that is something which they spoke about in the monetary policy. If they announce sometime next month or this month, it could be a small little party pooper but beside that macro, we are pretty stable.” Key Points
Economic TimesIs it time to book profits or invest more? Ajay Bagga answers
“SIPs are still coming largely into mid and smallcap funds but institutional players are cautioning that move into largecaps out of mid and smallcaps. As we saw on Monday and Tuesday last week, market returns are very lumpy and a few days will give the entire year's return. So, if you are not invested, you will miss out on that.” Key Points
Economic TimesMarkets are delicately poised; how will the second half of FY24 go? Amnish Aggarwal answers
The second half of the year is usually very important from the viewpoint of the overall economy because the second half is more like 40-60. The second half of the year is much bigger. That is one part of it. Secondly, the capex momentum, I would say, particularly from the government side, in the first half has been practically good. Maybe because we are approaching election year. So there might have been some preponement of capex. Key Points
Economic TimesNot big triggers, just global stability enough for India to outperform: Dinshaw Irani
“We are still seeing flows coming in, I do not think there is a reversal in the flows.We do not need big triggers in the market; we just need the world to stabilise. If that happens, that is enough for India to continue their outperformance.” Key Points
Economic TimesQ4 earnings, RBI meet minutes, FII flows among 7 key drivers for D-St this week
Benchmark indices rose for 10 straight sessions, marking their longest winning streak since October 2020. The rally in 10 sessions brought more than 800 points gain in Nifty50. Key Points
Economic Times
Stay bullish, just know how to calibrate risk: 6 smallcap stocks with upside potential of up to 35%
Lower oil prices, softer inflation, better than expected GDP numbers, clear indication of interest rates coming down, policy continuity and finally strong price action by the bulls. There are many reasons for the current state of the smallcap segment. Whatever the conditions or tailwinds, one basic principle should never be forgotten. When it comes to equity as an asset class, smallcaps are always the riskiest place to take exposure so always be cautious. On the other hand, if one can find right smallcap stock at the right time, gains are much higher. But it is not an easy task to find the right stock. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks and lists stocks that fulfill the various criteria as specified in the algorithms & filters to find those that might help navigate the market. Key Points
Economic TimesFor bearish bias in volatile market: 5 largecap stocks from different sectors with upside potential of up
Even markets are volatile, there is an underlying bias to volatility, it could be bullish or bearish. This bias is reflected in two things, first the market breadth which is essentially how many stocks are moving upward or downward. On a large number of days, market breadth is showing that its bias is toward bears. Because this correction is coming at a time when the global situation is not so good, both in terms of interest rate and also higher geopolitical risks, it would be better that “caution” should be added when decisions are taken about investing and sticking to largecap. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks that fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market. Key Points
Economic TimesIn times of volatility: 6 largecap stocks from different sectors with upside potential of up to 35%
Last three weeks have seen a correction both in terms of what nifty and sensex have witnessed but also in terms of market breadth coming underpressure. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market. Key Points
Economic TimesIntuitive surgical sees robotic systems demand surge in India
Intuitive Surgical known for its robotic surgical system da Vinci, said it is seeing post-Covid demand surge from hospitals in India, as they aggressively expand into robotics. The demand for robotic-assisted surgical systems is also coming from standalone hospitals and hospitals based in smaller cities along with large hospital chains of metro and tier-1 cities. Key Points
Economic TimesChemically yours: 5 speciality chemical stocks from mid and small cap segment with upside potential of up
In the last five years many segments of the chemical and specialty chemical sector had been coming into focus. They stay in the limelight for some time, then as too much money chases them which makes their valuations move up sharply and then a long phase of consolidation. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list. Key Points
Economic Times
Tailwinds are back! 4 smallcap stocks from auto ancillary space have an upside potential of up to 50%
As the large auto companies make a comeback, even the auto ancillary stocks are coming back on the attention list. We take a look at companies where analysts are projecting further upside in the next 12 months. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list. Key Points
Economic TimesTailwinds are back! 4 smallcap stocks from auto ancillary space have upside potential of up to 52%
As the large auto companies make a comeback, even the auto ancillary stocks are coming back on the attention list. We take a look at companies where analysts are projecting further upside in the next 12 months. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list. Key Points
Economic TimesChemical connection: 5 speciality chemical stocks with upside potential of up to 51 %
In the last five years many segments of the chemical and specialty chemical sector have been coming into focus. They stay in the limelight for some time, then as too much money chases them which makes their valuations move up very sharply and then a long phase of consolidation. In such a scenario it has been witnessed that at any point of time analysts remain bullish on select stocks. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list. Key Points
Economic TimesLogistically yours! 4 logistics companies with 'buy' recos and upside potential of up to 58%
Decline in oil prices from their highs, increased economic activity are tailwinds. However, will the step taken by RBI to control inflation show an impact on overall economic growth in the coming quarter and will a delayed monsoon may turn out to be a headwind for the short term. The list of the logistic companies is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list. Key Points
Economic TimesTailwinds are back! 5 smallcap stocks from auto ancillary space have an upside potential of up to 52%
As the large auto companies make a comeback, even the auto ancillary stocks are coming back on the attention list. We take a look at companies where analysts are projecting further upside in the next 12 months. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list. Key Points
Economic Times
Govt will come out with policies to get public transport in most Indian cities: Advisor to PM
While the government now will come out with policies to get public transport to most of the Indian cities, we will also ensure that this happens with electricity and not with diesel. Therefore, on public transport also you can look forward to a very large support from the government coming in. Key Points
Economic TimesMan killed as speeding pickup truck hits his bike in Pinjore
In his complaint, Jasmer Singh, uncle of the deceased, told the police that on Monday, he was going to Haripur village in his car. At 6 am when he reached near Narsingh College, Pinjore a speeding pickup truck hit a bike coming from Barotiwala. Key Points
Hindustan TimesBabbar Sher : Rahul Gandhi thanks Congress leaders, workers for dignified campaign in Karnataka poll
I want to thank the 'Babbar Sher' workers and leaders of Congress for a well-run, dignified and solid people-oriented campaign. Thank you to the people of Karnataka for coming out in large numbers to vote for a progressive future, Gandhi tweeted at the end of the polling. Key Points
Economic TimesMaruti Suzuki remains vulnerable to supply side this fiscal: Official
Maruti Suzuki's largest carmaker, which could not produce around 1.7 lakh units last fiscal due to semiconductor shortage, is also coming up with measures to reduce the usage of certain kinds of chips in its cars. Key Points
mintNifty headed towards 18,500 in May. Should you buy on dips now?
ICICI Direct expects the ongoing rally in the Indian market, which has managed to hold the March low of 16,800, to move gradually towards 18,300-18500 by May with strong support at 17,200. The buy-on-dips approach with focus on midcaps is recommended for investors. Although the indices are stable, Sensex and Nifty are trading in red on a year-to-date basis, down 0.5% and 1.2%, respectively. Key risks to the expected rally in the coming months are global events leading to volatility. The top picks of the brokerage for May are HDFC Bank, IndusInd Bank, BEL, NHPC, Coal India, ITC and Asian Paints. Key Points
Economic Times
IndiGo CEO opens up about aircraft grounding challenges: Steps in place
“We have recently concluded induction of another 11 planes which are coming in one by one. Going forward, we continue on that track. Only in the month of December, we get three more ATR aircraft coming in, so that is helpful. We got new airbuses coming in and we are evaluating a further increase of leased aircraft going forward.” Key Points
Economic TimesIndia will have 2-3 more semiconductor fabs: S Krishnan
The Ministry of Electronics & IT (MeitY) is aggressively working on boosting the domestic semiconductor industry and responsible use of AI. MeitY Secretary, S Krishnan, discusses the semiconductor ecosystem, mobile components manufacturing, deepfakes, and the implementation of the Digital Personal Data Protection (DPDP) Act 2023. Key Points
Economic TimesAfter broader market, languishing largecaps will reverse: Mahantesh Sabarad
The big trigger now is that corporates will start looking at better performance ahead. One of the biggest inflation triggers is on the commodity side. Many of the companies, be it on the industrial side be or on the capital goods sides, are exposed to a large inflation footprint that came in with the commodities surge. That is now gradually abating and could provide the next possible trigger for most of the goods manufacturing companies. Key Points
Economic TimesRise in temperature increases death rate in cardiovascular patients, warns top expert
New Delhi [India], May 30 (ANI): Amid intense heatwave conditions in the country, long exposure to the sun can lead to an increase in the death rate in cardiovascular patients. Speaking to ANI on heatwave, Interventional Cardiology Fortis Escorts Heart Institute, Executive Director Dr Atul Mathur said, “Our country is facing aggressive temperatures. Due to […] Key Points
ThePrintHousehold consumption to revive in FY25, growth at 6.3%: Standard Chartered
India needs household consumption to pick up for GDP growth of 6% or higher in the coming fiscal. Standard Chartered revised its FY25 forecast to 6.3% from 6%, projecting muted inflation and higher food spending to drive growth. The report expects a revival in consumption to offset the impact of lower commodity prices, slower global growth, and moderation in government capex. Key Points
Economic TimesOil prices turn positive after falling more than $1
By Erwin Seba HOUSTON (Reuters) -Brent and U.S. crude futures turned positive during a see-saw session, in which prices fell more than $1 a barrel at one point on Friday, as traders tried to reconcile Key Points
ThePrintInvestors need not be jittery; PM Modi coming back with good majority: Nirmala Sitharaman
The IMEC will connect Indian ports such as the Jawaharlal Nehru Port Authority, Mundra (Gujarat), and Kandla (Gujarat), with West Asian ones such as Fujairah, Jebel Ali, and Abu Dhabi in the UAE, and Saudi Arabian ports of Dammam, Ras Al Khair, and Ghuwaifat. Then there is a rail segment that will continue the IMEC and provide connection to the Saudi Arabian cities of Haradh and Al Haditha, onward to the port of Haifa in Israel. Key Points
Economic TimesEarnings season held up well; positive on Cipla and Sun Pharma: Mayuresh Joshi
The BFSI space has held up well. Midcap IT has produced another quarter of stupendous earnings and management commentaries are pointing out towards no damage to probably come from either the pricing action or demand dynamics at least at this juncture. A few of the capital good companies obviously have reported a strong set of numbers and though cement companies have disappointed, the reason is obvious. Q2 is expected to be weak for monsoons. Key Points
Economic Times