Bias of volatility may have changed: 5 largecap stocks from different sector with upside potential of up t
Somehow word volatility got associated with bearish trend, while it might appear strange to some, the fact is that even volatility has a bias and that can be toward bulls also. In the last few sessions that bias has changed toward bulls. Broader market indices have been able to recover sharply from their lows when they have opened down lower. At this point of time when sectors like banks are leading it, there is a high probability that we might see more of it in the coming weeks. The only caveat is that the earning season which will be starting with large cap IT companies deliver extremely bad surprises then all bets are off. But don't lower guard in terms of stocks selection, stay with the one where the sectoral macros are positive and individual companies have a track record both in terms of financial and management ability. 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 TimesFor a volatile market: 6 largecap stocks from different sectors with upside potential of up to 33%
When it comes to volatility, there are 3 things that one needs to take into account. Magnitude of volatility, frequency of volatile movement, and third which are the sectors leading it and overall market breadth during a volatile phase. If one looks at these three things then it is very clear that while some might be feeling volatility has come in just the last two trading sessions, the fact is that markets have been volatile since the start of 2024. There is a high probability that we might see more of it in the coming weeks. So, it would be better to stay prepared for volatility. One of the ways for that would be to stay with largecaps, and especially the ones showing a streak of outperformance at a time when others have been under pressure. Another reason valuations are high in large part of the mid and small caps and they are the ones that might lose more weight if the markets stay under pressure due to profit booking. Also if there is any further development on the SEBI advisory to mutual funds, the unintended beneficiary would be largecap stocks. Key Points
Economic TimesOld boys yet new kids: 4 largecap stocks which meet parameters for long-term investing
Given the trend of short correction and sharp recovery which the market and especially Nifty has seen in the last few months, it appears that nothing can go wrong with the stock price. But there are enough examples from the recent past and also the long history of markets that most wrong investment decisions are made in these times. if one is thinking about increasing the exposure it would be better to stay with large caps. This is not to say that one would not be wrong in buying large caps but as they would be able to weather any storm which might emerge due to any reason, the damage would be controlled. Even in the large cap category stay with stocks, which dont find place in headlines very often but on many parameters are better than well known names and in fact their performance in the last one year is indicative that even the street is in mood to recognize them. Key Points
Economic TimesFor volatile market conditions: 5 largecap stocks from different sectors with upside potential of up to 25
One day up, another day down and there is no dearth of explanation for each move of the market. After a strong run up, stock prices are bound to see some correction and the markets are likely to be volatile. First phase of volatility is always led by large caps as they have high institutional holdings. But over the long term, they tend to outperform and the drawdown is lower as compared to mid and small caps. So, at times large caps might optically appear to be underperforming and that may be an opportunity to look at some stocks with a long term perspective. Key Points
Economic Times
For all seasons : 4 largecap stocks from different sectors with upside potential of up to 29%
For a large number of investors, volatility is something which is determined by what happened to the nifty by the end of the day and they associate it with decline in indices. But there is more to it, on Tuesday, because there was a decline, it might appear to be volatile. But the fact is on wednesday because Nifty and Sensex recovered and gained back the losses, these two days together make it a volatile market. The reason to bring this upfront is that when valuations are high and the market turns volatile, the cut on the individual stock prices can be much higher. So, if one is increasing the exposure to stock, it might be better to stick to large cap stocks as stronger balance sheets tend to weather the storm better and then perform when the market gets into bullish mode. Key Points
Economic TimesFor volatile market conditions: 5 largecap stocks from different sectors with upside potential of up to 24
Volatility never gives notice before coming so one should always be prepared for it. Another point to be watched, if the frequency of the volatile phase increases and it starts to happen every other fortnight, it might be an indication of strong headwinds. For a large number of investors, volatility is only when mid-cap stocks correct. But the problem is that by the time they feel the heat of the correction the price damage is very high. So, it would be better to stay prepared for volatility. One of the ways for that would be to stay with large caps and especially the ones which have shown streak of outperformance at a time when other large caps have been under pressure. Another reason for staying with large caps is that valuations are high in large part of the mid and small caps and they are the ones which might lose more weight if the markets stay under pressure due to profit booking. Key Points
Economic TimesFor a volatile market: 5 largecap stocks from different sectors with upside potential of up to 34%
Volatility never gives notice before coming. While some might be feeling volatility has come in just the last two trading sessions, the fact is that markets have been volatile since the start of 2024. There is a high probability that we might see more of it in the coming weeks. So, it would be better to stay prepared for volatility. One of the ways for that would be to stay with large caps and especially the ones which have shown streak of outperformance at a time when other large caps have been under pressure. Another reason valuations are high in large part of the mid and small caps and they are the ones which might lose more weight if the markets stay under pressure due to profit booking. Key Points
Economic TimesFor a possible volatile phase due to valuation headwinds: 6 largecap stocks with right mix of RoE and RoCE
After a phase of relative under-performance to mid caps stocks, there has been a recent catch up by large cap stocks. While there is no denying that sentiment is positive, because valuations are high, any negative news will have a higher impact on stock price. So, incremental exposure should be more toward large caps. Businesses which have a track record of being able to deal with all the swings of economic cycles and even take higher advantage of economic boom. It is the large cap companies with strong balance sheets, strong brands which probably the ones which should be looked at in these conditions. Key Points
Economic TimesWith one event risk getting over, 5 largecap stocks with right mix of RoE & RoCE
While one event risk is state election results getting over, there is a chance that in the next few trading sessions will see a bullish move. But as the valuation is surely not in the cheap zone, it would be better that as an investor stay focussed on the business you are owning. Businesses which have a track record of being able to deal with all the swings of economic cycles. It is the large cap companies with strong balance sheets, strong brands which probably the ones which should be looked at in these conditions. Key Points
Economic Times
As bulls and bears fight over Nifty, investors should focus on 6 largecap stocks with right mix of RoE & R
Once again bulls have shown that it is not easy to beat them. After a correction in September and October, November has been a month where bulls are back in control. While this fight will continue as pulls and pressure increase toward the end of the year, it would be better that as an investor stay focussed on the business you are owning. Businesses which have a track record of being able to deal with all the swings of economic cycles. It is the large cap companies with strong balance sheets, strong brands and a history of not needing frequent doses of capital which probably would be able to weather a storm and do well. Key Points
Economic TimesBaidu CEO warns China's rush to develop AI models risks wasting resources
The head of one of China's leading AI firms, Baidu (9888.HK), warned on Wednesday that the fervor rushing to develop large language models in China could lead to a waste of resources, saying firms needed to focus their efforts on developing practical applications. Key Points
ReutersETMarkets Smart Talk- Plan to invest Rs 10 lakh? Here are 7 stocks for long term wealth creation: Vikram K
1Q24 was the first normal quarter after 1Q20, devoid of any covid wave during the quarter or base quarter. The demand scenario is mixed, with some green shoots in 2-wheelers and FMCG in rural India. Key Points
Economic TimesAmazon leases over 6 lakh sq ft of office space in Bengaluru
The deal follows two large transactions Amazon recently signed, acquiring more than 800,000 square feet of space in Gurgaon and Hyderabad for web services, development centres, seller services, and transportation services. The transaction comes as a breather for commercial real estate, with many corporations slowing down large transactions due to global uncertainties. Key Points
Economic TimesCoforge CEO on how they delivered a 16.2% CC growth in tough year for IT
“We are already in Q3, month one is about to get over. This year the furloughs are going to be materially higher than they have been in the past and that is largely a function of the macro stress that everyone has talked about and that we also experience on an ongoing basis.” Key Points
Economic Times
Can you really reduce calorie intake while enjoying fast food?
"When you select large portion sizes you may want to ask yourself if this is truly required? If the answer is yes, then so be it. But if the answer no, you can select lower calorie equivalents and still enjoy the same palatable tastes and experiences." Key Points
The Indian ExpressSmallcap vs largecap mutual funds: Where to invest?
Analysts predict that largecap mutual funds will outperform in 2024, reversing the trend of smallcaps overshadowing largecaps in 2023. Indian large Caps offer growth potential and attractive valuations, with soaring RoE, robust PAT, and impressive Sales figures. Motilal Oswal Mutual Fund has launched the NFO of Motilal Oswal large Cap Fund, open for subscription till January 31. Largecaps historically have lower drawdowns and faster recovery compared to small and midcap stocks. With improving macro strength and expected inflows from FIIs, now is an opportune moment to invest in largecap stocks, according to experts. Key Points
Economic TimesHCLTech wins $2.1 billion Verizon deal
This comes at a time when large IT providers have been announcing mega deals even as technology spends have been hit due to macroeconomic concerns in the US and Europe. Such large deals could be a factor of companies driving cost efficiencies and consolidating their vendors. Key Points
Economic TimesThese largecaps have ‘strong buy’ & ‘buy’ recos and upside potential of more than 20%
While the nifty is moving in and out green, there are clear signs of profit booking taking place in the broader market with market breadth being negative. While the initial part of any volatility is led by large caps, as this time it is being led by banks, but there is a higher probability that the large caps are able to stabilize much before any part of the market. So, if one is thinking of fresh exposure to the market it would be better to stick with large caps. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or strong buy . The screener applies different algorithms for all BSE and NSE stocks. Key Points
Economic TimesFor all seasons: 4 largecap stocks from different sectors with upside potential of up to 36%
While large cap as a set of stocks have seen a phase of under performance, thanks to the fact that in case of large cap, it is large deep-pocketed FIIs which play an important role in stock price movement and they have been on and off when it comes to Indian markets. But there are certain stocks which are making a comeback after a phase of underperformance. 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 Times
Entrepreneurs are returning from Europe-US to be part of India's growth story: Ex-NASSCOM chairman
Indian entrepreneurs from Europe and the US are returning to India due to the country's growing economy and large opportunities, according to Saurabh Srivastava, co-founder of the National Association of Software and Services Company (NASSCOM). Srivastava believes that the Indian economy should grow at double-digit rates, with a million startups to drive economic growth. Key Points
Economic Times3 mid and small cap cement stocks from large industrial houses which can deliver over 36 % returns
While the focus of news stays ACC and Ambuja and other large cap cement stocks, 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 TimesDiversify the risks even in largecap segment: 5 largecap stocks with upside potential of 25-33%
After a brutal correction, at an index level we can see some respite. But at the broader market levels, there are clear signs that valuations are still a concern. So, it might be too premature to call that the risk of overall high valuations leading to more time wise correction is over. There are questions at this point of time which need to be addressed. First, what does one do with existing investments? Second, which set of stocks one should look at if one is making if one is planning to put in fresh money? The answer to the first question, move out of stocks where fundamentals are in doubt and stocks price have just moved up because of liquidity which was rolling on the street. For the second one, stick to large caps and even in that diversify exposure to different sectors. Don't over expose oneself to one sector as one headwind in a sector can take away gains. Last but not least, stick to companies with certain level of Return on Equity (ROE), Return on Capital Employed (ROCE), and company debt levels should not be overlooked Key Points
Economic TimesBeyond agri theme: 4 mid & smallcap stocks to play changing rural economic matrix
While a large part of India’s rural economy is about agriculture, in the last couple of years, there has been an effort on the policy level that other parts of the rural economy which are not agricultural related get the boost. So be it horticulture, animal husbandry and fishing all of them have been a push in one form or other to increase both productivity and income levels. From an investment perspective, there are few players which are listed as a large part of this is still with smaller players who operate on a regional basis. But as the overall market size grows the large players are increasing their presence. This is not to say that there are only opportunities and no challenges. The biggest being the fact that any change in the rural economy matrix is always time consuming, so companies need to have the ability to go through long cycles. Key Points
Economic TimesThese largecaps have ‘strong buy’ & ‘buy’ recos and upside potential of more than 15%
After a phase of relative under performance, will the year 2024 bring back the large cap into limelight. The valuation differential between, mid and large cap stocks has increased very sharply in the last one year, especially in the last nine months. Will the next few quarters see a mean reversion on this valuation gap as has happened in the past many times. Remember that the large size of the balance sheet has its own advantage, especially in time of correction, which one cannot rule out due to profit booking. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or strong buy . The screener applies different algorithms for all BSE and NSE stocks. Key Points
Economic Times
Don't paint all software companies with the same brush; 3 mid and 3 smallcap IT stocks operating in niche
It is not only mid-cap as a whole segment which has outperformed the other segments. Even in some sectors, while the large cap have not performed well, mid-cap stocks in the same space have done well. IT is one sector where the large caps have done nothing in the last two years, but selective stocks have been doing well. It is probably a time to take a look at each company separately rather than just looking at what stocks like TCS and Infy are doing and take a call on the overall sector. Key Points
Economic TimesBetter option for long-term investors: 4 largecap stocks from different sectors with upside potential of u
Volatility never gives notice before coming, the way year 2024 has started, there is high probability that we might see more of it in coming weeks. So, it would be better to stay prepared for volatility. One of the ways for that would be to stay with large caps and especially the ones which have shown streak of outperformance at a time when other large caps have been under pressure. Another reason valuations are high in large part of the mid and small caps and in such times it is better to stay with large caps where relative valuations have not seen a very sharp bump up in the last one year. Key Points
Economic TimesWhat could be the next mega trend in the market? Raamdeo Agrawal answers
According to Raamdeo Agrawal, Chairman of MOFSL, pure internet companies such as Zomato, Swiggy, and PolicyBazaar can become large players in terms of profit pool. Companies like Bajaj Finance, Zerodha, and Angel One, which are traditional businesses leveraging the power of technology, are also poised for accelerated growth. Another area for growth is the real estate industry, which is showing profits after years of losses. Key Points
Economic TimesETMarkets Fund Manager Talk: This Rs 8600 crore manager sees opportunities in 3 sectors to bet on domestic
V Srivatsa of UTI Asset Management discusses investment opportunities in domestic themes like private sector banking, auto sector, and healthcare. He emphasizes intact growth and reasonable valuations, especially in the current market scenario. He says: The large and midcap fund has given 45% return on one-year and 22.5% return on 3-year basis. It has underperformed the benchmark by 17 bps on a one-year basis, but outperformed the benchmark by 37 bps on a 3-year basis. Key Points
Economic TimesThese largecaps have ‘strong buy’ & ‘buy’ recos and upside potential of more than 20%
Today despite the fact that the nifty heavyweights are trading in green territory, nifty is still trading just moving close to the red territory. This along with a negative market breadth is clearly indicating that finally a phase of profit booking has come. There is a high probability that this corrective phase may continue further. Because the valuation differential in large and mid cap had increased very sharply, there is more probability of a mean revision trade taking place. It might be better for have a bias toward looking at large cap when investing fresh money. Key Points
Economic Times
InCred AMC is holding 26% in cash. CEO Mrinal Singh explains why
Mrinal Singh, CEO & CIO of InCred AMC, discusses the challenges of investing in the Indian market due to expensive valuations. He highlights the potential for growth in rural areas, the building material sector, and the auto sector. He also expresses interest in the housing and MSME segments of the financials sector, as well as the healthcare sector. Key Points
Economic TimesEV startup Vidyut raises $10 million
India Business News: Vidyut, a full-stack EV ecosystem startup, has raised $10 million in a Series A round. The startup aims at facilitating easier EV ownership for small and large businesses by offering solutions such as EV insurance, lifecycle management and EV resale. Key Points
Times Of IndiaSectoral tailwinds and stronger balance sheets: 5 largecap stocks with right mix of two important ratios
There are some sectors where large players have an edge, because the nature of the business is such that there are phases where ability to stay in the game and cash on the balance sheet matter most. When the tide turns in favor of that sector, these large companies are able to make most of it. One sector which has gone through a phase of realignment of business and readjustment of valuations for many years and has once again come in limelight is the pharma space. Right from ability to deal with USFDA, not rely just on product segment to how to deal with uncertainty of supply chain which is dependent on China, Indian pharma companies have come a long way. Key Points
Economic TimesGood for all market conditions: 6 largecap stocks with right mix of RoE & RoCE
There is sunshine all around, better than expected GDP numbers, further decline in oil prices, falling US bond yields and clear indication from RBI that it is in no mood to increase interest rates any further. So while macros are bullish and could not get better, it is time to spend some time in understanding what stocks are you buying and why that stock at this point of time only. Also if one is thinking about increasing the exposure it would be better to stay with large caps as they would be able to weather any storm which might emerge due to any reason. Key Points
Economic TimesStarting out in tech stocks? Start with small tranches within midcap IT, says Mayuresh Joshi
“Anybody who is not invested to answer your questions can start with small tranches within the midcap IT space. We like a couple of names which we hold in our global list. Cyient we continue to like because of its diversified book, expectations of stable revenue growth and Firstsource Solutions meets a lot of our criteria in terms of revenue expectations, capacity utilisations, decent amount of DSO days and a decent amount of diversified book.” Key Points
Economic Times
Nifty IT index stocks: Will strength in US dollar help in reviving them?
With some strength in the US dollar coming back, there is global trade which is getting started, metal prices have come down and sectors, which benefit from weaker local currencies have seen a recent bump up. The question is whether the domestic IT companies, which have been witnessing a phase of underperformance, especially the largecaps, will have any recovery due to the rupee factor? Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. Key Points
Economic TimesNew tailwinds emerge! 5 midcap pharma stocks with upside potential of up to 37%
If one looks at corporate announcements, a large number of small and mid-caps pharma companies are announcing one or the other thing either about US FDA or European authorities giving approval or inspection. While the large players had moved to international markets a long time back, a number of small companies that had domestic focussed business are also moving into the developed global markets. Will this lead to re-rating? Key Points
Economic TimesKeep looking at opportunities and valuations around them: Harsha Upadhyaya, Kotak AMC
“Assuming that you are a medium to long-term investor, you enter in a disciplined manner on a staggered basis, a larger midcap fund is a good allocation that you can make in your portfolio. And it should give you stability of largecaps and also potential kick-up from midcaps with a reasonable control on the volatility overall.” Key Points
Economic TimesAfter EG.5, WHO flags another Covid variant BA.2.86
The World Health Organization (WHO) has declared a new sub-variant of Omicron, BA.X.BA.2.86, as a variant under monitoring (VUM) due to the large number of mutations it contains. The sub-variant has been detected in just five cases in Denmark, Israel, the UK and the USA; nonetheless, concerns have been raised over its large mutations, potentially exacerbating fears of further Covid-19 cases. Key Points
Economic TimesIs China's stimulus at work? 5 metal stocks which can deliver up to 35% returns, as per analysts
China is one of the biggest consumers of metals. Be it copper, aluminum or steel. When the global market gets indication that the Chinese government is planning a push for its real estate market or giving any kind of stimulus then metal prices tend to firm up. One of the reasons why only large companies are in focus could be the fact that with the bumper earnings which these companies have made in the last two years,some of them have reduced their debt. Key Points
Economic Times
Better options in volatile markets: 5 largecap stocks from different sectors with upside potential of up t
Volatility never gives notice before coming and again on Monday, it did not give one. The difference is that this time the impact of volatility was felt by more investors and traders. There are two probable reasons, list of top loser on Monday was dominated by PSU stocks which have been the best performing set of stocks in last few weeks and that all those who only recently realized that there is something called PSU and jumped on the bandwagon are probably looking at their phone and saying why have their portfolio has fallen so hard. Second, the overall market breadth was extremely bad which means more portfolios got hit. There is a high probability that volatile movement in broader markets might continue for some time, So, it would be better to stay prepared for volatility. One of the ways for that would be to stay with large caps and especially the ones which have shown streak of outperformance at a time when other large caps have been under pressure. Key Points
Economic TimesFor possible volatile markets: 4 largecap stocks from different sectors with upside potential of up to 26%
After a minor corrective phase, while the mid and small caps are once again in party mode, large caps have been lagging in a relative manner. But investing in not about a quarter or week, it is much more than them. If one looks at the long term, large caps are able to outperform and create wealth in a more sustainable manner. So probably a short phase of underperformance due to the fact that everyone is chasing short term performance due to recency bias might be an opportunity to look at some stocks with a long term perspective. Key Points
Economic TimesBest coolers under ₹10000: Top 10 affordable to have a soothing summer in a budget
Looking for a budget-friendly cooling solution? Check out our list of the 10 best coolers under 10000. Find the top-rated products that offer the best value for money. Key Points
mintExpect some consolidation over the first quarter of 2024: Karthik Kumar
Karthik Kumar says: “My fund has a good mix of PSU banks, private banks, and even non-banking players as well. PSU banks have had a good rally for the year so far. So, to that extent, the valuation differential has narrowed and now it comes down to selecting stocks on a case-by-case basis rather than looking at it as a group, as a whole.” Key Points
Economic TimesDon’t want to diversify in too many funds? Multi-cap is for you: Shreyas Devalkar
“Broadly we should be somewhere around one-third, one-third in large and smallcap category and somewhere around 25-26% in midcap categories as of last month. Sector-wise, one should look at it more from the B2B versus B2C and so on. The financial services sector is high, 25% plus. Sectors in the B2B or manufacturing part of the economy are more in auto, auto accessories.” Key Points
Economic Times
Time for them to say cheers and get re-rated? 4 not so well known smallcap breweries and liquor stocks
In the last three years, many sectors and companies which have been in the dumps for years have made a comeback. There are two kinds of comebacks, one is comeback on the dalal street. Second is a comeback in the real business. It is the second one which is more important as that is what finally matters to even the street. If one looks at the history of the liquor industry it has been dominated by two large names, but over the last few years, many smaller companies have made a comeback in a real business sense. Some due to their one brand getting super successful, others have been able to restructure their operation, reduce debt by selling some of the non core assets. Some by becoming bottlers and outsourcing their capacity to large players. In a nutshell, after two decades of ups and downs, these smaller players have reached the point where there is a possibility that they might see a re-rating, if they stay in course of clean and transparent corporate governance. Key Points
Economic TimesThese largecaps have ‘strong buy’ & ‘buy’ recos and upside potential of more than 15%
There has been a catch up by the large cap in the last three weeks, but given the fact that valuation of mid-caps have also increased the valuation differential which is key behind the possible mean reversion trade is still valid . Given the fact that the differential between, mid and large cap stocks has increased very sharply in the last one year, if the market remains under the control of bulls there is a probability that over the next few quarters markets may see a mean reversion. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or strong buy . The screener applies different algorithms for all BSE and NSE stocks. Key Points
Economic TimesHardship has driven people to risk illegal immigration
It’s often a hazardous journey to a better life in another country, but migration goes on. Swelling global numbers in recent times can be traced to K-shaped economic recoveries from the covid pandemic. Key Points
mintETMarkets Fund Manager Talk: This fund manager sees macro economic stability as main driver of capital flo
Sumit Agrawal says: After a long time, we are seeing an uptick in capex, capabilities build up and good visibility on industrial growth. Continued traction in government capex, with some pick up in the private sector as well, along with a consumption pick up sometime in the middle of next year would lead to continued growth surprises in 2024. I remain quite optimistic for India in 2024. Key Points
Economic TimesThese largecaps have ‘strong buy’ & ‘buy’ recos and upside potential of more than 15%
While one might be focussed what is happening in nifty and mid-cap space, if one looks at the recent performance of the large caps, there are a number of them which have done a catch up in just the last two weeks. When the valuation differential in mid and large caps stocks becomes extremely high, large caps tend to do well as mean reversion takes place. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or strong buy . The screener applies different algorithms for all BSE and NSE stocks. Key Points
Economic Times
These largecaps have ‘strong buy’ & ‘buy’ recos and upside scope of more than 20%
While one might be focussed what is happening in nifty and mid-cap space, if one looks at the recent performance of the large caps, there are a number of them which have done a catch up in just the last two weeks. When the valuation differential in mid and large caps stocks becomes extremely high, large caps tend to do well as mean reversion takes place. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or strong buy . The screener applies different algorithms for all BSE and NSE stocks. Key Points
Economic TimesIn a first, a newborn star's spinning disk is seen in another galaxy
Our sun and other stars form when a dense clump of interstellar gas and dust collapses under its own gravitational pull. Once a star is born at the center of such a cloud, leftover material forms a swirling disk around it that feeds stellar growth and often gives rise to planets. Key Points
ReutersDomino’s, Pizza Hut and other pizza chains cut rates as small rivals slice up market
Domino's sent messages to its subscribers last week alerting them about an epic price drop on large pizzas . The pizza chain said prices of vegetarian large pizzas have been reduced from Rs 799 to Rs 499, and that of non-veg large pizzas from Rs 919 to Rs 549. Pay less, get more, the company said in the messages. Key Points
Economic TimesMultiple rerating over in defence, railway stocks, but these are sustainable businesses: Prashant Jain
Prashant Jain, believes defence stocks are highly sustainable businesses with growth tailwinds and government support, but their PE multiples have already rerated. Jain is optimistic about large, technology-driven financial institutions like SBI and ICICI, which are well-placed to leverage the current digital environment. While defence manufacturing and railways are long cycle businesses, Jain anticipates they will still grow between 10-15% per year over the next 5 to 10 years, even if there is no further increase in PE multiples. Key Points
Economic TimesAfter 10 years – mid, small and largecaps all will deliver the same numbers: Raamdeo Agrawal
“If there are 3,000 companies, only 100-150 are largecaps. Rest all are mid and smallcaps. When the return from the category is 20-25%, then you need to be more careful because valuations are high in that segment and cheaper in largecaps . The Indian largecap is globally a midcap and jitne aap midcap bolte hai they are microcap, (those that you call midcaps are microcaps) they are flies. Key Points
Economic Times
Amazon Prime Day Launches: Shop these New Ranges of large Appliances
Discover the latest large appliances on Amazon Prime Day Launches. Upgrade your home with top-notch options during this Amazon Sale. Key Points
Economic TimesMid, smallcap valuations stretched: Ashoka Buildcon, Colgate Palmolive, smaller IT stocks top bets
Midcaps: After dream run in midcap smallcap index during Samvat 2079 outperforming large cap index, while valuations may have become expensive and analysts now expect large caps to gain. Midcap IT stocks may still outperform large caps. Ashoka Buidcon, Colgate palmolive are amongst analyst picks. Key Points
mintWe have a Nifty target of 24,000 in CY24, a 9% upside from current levels: Seshadri Sen
Seshadri Sen of Emkay Global Financial Services is bullish on the manufacturing-led cycle in India, particularly in the industrials, consumer discretionary, and materials sectors. He expects moderate gains in the larger cap space and plans to overweight IT when valuations become favorable. He says: We will be overweight IT when valuations revert back to our side when the large caps maybe touch the low 20s or even below. Key Points
Economic TimesIs AppleGPT in the works? Here's what the report suggests...
Apple has reportedly developed an internal service similar to ChatGPT for employees to test new features, summarize text, and answer questions. Recent research suggests that large Language Models (LLMs) may run on Apple devices, addressing the challenge of limited DRAM capacity. Key Points
mintUS Federal Reserve Board initiates data collection for large bank capital proposal
Washington [US], October 21 (ANI): The US Federal Reserve Board has taken another significant step in its efforts to strengthen the banking system through the large bank capital proposal. On Friday, the Federal Reserve Board launched a comprehensive data collection initiative designed to gather critical information from the banks directly affected by this substantial proposal. […] Key Points
ThePrint
Infosys Q2 results: IT company’s headcount down 7,530 sequentially
CEO Salil Parekh noted that the company witnessed its highest large deals value at $7.7 billion in Q2. He also added that clients have continued to show interest in AI products and services Key Points
Business TodayMarket to be in consolidation phase over next 1-2 quarters: Mahesh Nandurkar
I mean, the risk-free rates in the US have gone back up to the peak levels that we saw back in March. So, when you are able to make a 5% risk-free rate in the US, then that is obviously going to be something that will put equity valuations all over the world into a question mark, so that is one thing that we need to keep in mind. Key Points
Economic TimesWhatsApp testing Meta AI chatbot in India, other markets
With over 500 million WhatsApp users, India is the instant messaging service’s largest market. WhatsApp has said that it is testing its large language... Key Points
The Tribune India