RBI Expects First Quarter of 2023-24 to See Strong Growth Driven by Private Consumption and Manufacturing Resurgence
Reserve Bank of India officials, led by Deputy Governor Michael Patra, anticipate that the first quarter of the 2023-24 fiscal year will witness robust growth propelled by private consumption and a revival in rural demand. Manufacturing is expected to regain momentum with easing input cost pressures. The RBI’s projections indicate a 7.8% year-on-year growth in real GDP, signifying a gradual recovery from the pandemic. Softening inflation and increased public spending on capital expenditure are also positive factors contributing to the economic outlook Key Points
The HinduBullish on NBFCs, IT; FII inflows, domestic liquidity driving uptrend in markets: SAMCO MF
SAMCO MF follows the growth style of investing, said CEO Viraj Gandhi. The long-term buy and hold strategy and investing in businesses that pass their framework are key factors that helps the mutual fund generate alpha returns. Key Points
FinancialexpressBreakout Stocks: How to trade BLS International, Bajaj Auto and Equitas SFB on Wednesday
BLS is currently trading at an all-time high of ₹317. The stock has recently experienced a robust breakout of a rounding bottom pattern, accompanied by significant trading volume, forming a strong bullish candle on the daily chart. This trend signals a positive shift in momentum for the stock Key Points
Economic TimesWhy Bank of Baroda, Coforge are expected to rise in coming week
Bulls are driving the Indian market. Overall, the trend is expected to remain strong. Read on to know what strategy you should follow for Bank of Baroda and Coforge: Key Points
mintMaharashtra Bank among top 3 stock ideas for first week of FY25: Kunal Shah
However, the broader picture remains bearish, with the lower-end support positioned at 34,700. A breach below this support level could intensify the downward momentum in the sector. Key Points
Economic Times
Soaring High! 132 BSE500 stocks hit 52-week highs in May. Do you own any?
The positive momentum in the country's markets helped their case. Some big names on the list include IndusInd Bank, Hindustan Aeronautics, Titan, Ultratech, Kotak Mahindra Bank, and Indian Oil Corp. In contrast to the three consecutive months of decline beginning in January, the S&P BSE Sensex index gained approximately 2% in May 2023, helped by consistent FII buying despite mixed global cues. Key Points
Economic TimesEco momentum remains intact: Finance ministry
India Business News: India maintains strong economic activity with a projected real GDP growth of 6.5-7% for FY25, even with erratic monsoon patterns. The finance ministry Key Points
Times Of IndiaMarket Analysis: Nifty's bullish momentum continues amidst global trends
New Delhi [India], January 2 (ANI): Asian markets displayed mixed trends influenced by contrasting Chinese data, while Wall Street observed a closure for the New Year holiday. In India, the Nifty and BSE Sensex aim to maintain their upward momentum following Monday’s selling pressure. The Nifty index kicked off December with a fresh breakout, experiencing […] Key Points
ThePrintAkshay Bhagwat picks 2 stocks to buy now; sees quiet August series
Akshay Bhagwat of JM Financial Services, states that the key level to keep track of for a short-term trend in the market is 19,600 on the Nifty. The market should trade within a range of 19,600 to 19,850 as long as this level is sustained. In terms of stock-specific momentum, he predicts a breakout for Chambal Fertilisers and sees momentum picking up in Granules India. Key Points
Economic TimesBreakout Stocks: How are Eris Lifesciences, Aurobindo Pharma and NTPC looking on charts for Tuesday’s trad
The Indian market rebounded after a previous drop, with the S&P BSE Sensex rising over 300 points and the Nifty50 closing above 19600 levels. Metal, healthcare, public sector, and oil & gas stocks saw buying activity, while IT stocks experienced selling. Eris Lifesciences, Aurobindo Pharma, and NTPC were highlighted as stocks to watch. Eris Lifesciences broke out of its consolidation zone, Aurobindo Pharma showed momentum with a breakout above the 5 and 10-day average, and NTPC demonstrated consistent upward movement with support at moving averages. Key Points
Economic Times
Here's why Hindalco and ICICI Bank seem attractive short-term bets
Nifty breaks above resistance at 19,500, signaling a significant rally as Call writers unwind positions. Bank Nifty faces resistance at 45,000. Nifty IT index experiences bullish breakout. Buy Hindalco and ICICI Bank for potential upside moves. Key Points
mintStock market bulls charge ahead as Nifty hits record highs
Mumbai (Maharashtra) [India], December 6 (ANI): The stock market opened on a positive note, with indices maintaining their upward momentum, signalling a bullish trend. Bulls have taken firm control, and despite potential challenges, the Nifty’s momentum remains strong. Show Full Article The Sensex opened 294.06 points higher at 69,584.29, while the Nifty opened 78.95 points […] Key Points
ThePrintStocks to buy: Fincalbes and Petronet among top choices, here's why
The Nifty faced initial resistance around its previous swing high of 22,526. Therefore, for a further rally, it needs to move decisively beyond 22,525. On the lower end, 22,200 might act as support for the short term. Key Points
mintBig Movers on D-Street: What should investors do with Patanjali Foods, PVR Inox and Nykaa?
Stocks that were in focus include names like Patanjali Foods, which fell 0.16%, PVR Inox, which rose 4.77%, and Nykaa, whose shares declined 8.28% on Monday. Key Points
Economic TimesAs Britannia shares surge, Nifty FMCG index hit all-time high for third consecutive session; here's why
Nifty FMCG index hits all-time high for third day due to buying in heavyweight stocks and overall favourable market, rising 0.28% at 52,194.05 levels. Analysts predict some consolidation due to momentum indicators being in over-bought zone but believe trend will continue with timewise corrections. Key Points
mint
RBI's Repo-Rate Pause May Not Boost Affordable Housing Just Yet
Home sales rose 14% over a year earlier to 1.13 lakh in the three months ended March. Key Points
BQ PrimeWe are at the cusp of a very strong upcycle in earnings; 5 big themes to invest in: Paras Bothra
Paras Bothra says: “The most important thing at present is picking up companies at the right value and with a sectoral tailwind. They are structural in nature and that will help us a lot in mitigating any kind of risk which comes up in future with regards to volatility in the market. So, that is the primary thought process. ” Key Points
Economic TimesAfter Q4 performance, don’t expect Infosys to bounce back in Q1: Omkar Tanksale
The collapse of SVB in the US and Credit Suisse in Europe could significantly impact the BFSI sector, and the next few quarters will be crucial for the IT services industry. The disappointing Q4 results for Infosys showed a constant currency decline of 3.2% and a decline in revenue growth momentum and margins. While a slowdown in revenue growth momentum is expected, there may not be an extreme bounce back in the next few quarters. Key Points
Economic TimesTechnical Breakout Stocks: How to trade RIL, M&M and ICICI Bank on Monday?
Indian market closed marginally in the red. S&P BSE Sensex held on to 73000, Nifty50 closed below 22,200. Reliance Industries was up 1%, ICICI Bank hit a record high, and M&M closed at a fresh record high. Buying seen in telecom, capital goods, realty, consumer durables, and industrials. Some selling seen in oil & gas, public sector, and energy stocks. Key Points
Economic TimesSensex, Nifty gain as Reliance powers D-Street rally; Q3 GDP data in focus
The S&P BSE Sensex was up 236.14 points to 72,541.02 at 10:03 am, while the NSE Nifty50 gained 44.70 points to 22,006.55. In contrast, broader market indices continued to struggle for momentum. Key Points
India Today
4 PSU stocks look attractive at current level, for others wait for 5-10% dip: Kunal Shah
“However, other PSU stocks may require a correction of 5-10% for an ideal buying opportunity. Investors are advised to consider adding more of the mentioned stocks during any dips,” he says. Key Points
Economic TimesStocks to buy or sell today: NMDC, PFC among top 4 trading ideas for 13 November
India VIX was up by 1.16% from 10.98 to 11.10 levels on Friday. Volatility was slightly up but created momentum in the indices. Key Points
Economic TimesRBI retains India's growth forecast at 6.5% amid global turbulence
The Reserve Bank of India (RBI) has stated that the Indian economy is performing well, despite global economic turbulence. The RBI has maintained its growth forecast at 6.5% and inflation projection at 5.4% for the fiscal year. The governor of the RBI, Shaktikanta Das, highlighted the resilience of domestic economic activity and cautioned against complacency. He also mentioned the importance of lessons learned from past economic crises. Key Points
Economic TimesGold at five-month trough as US dollar, yields rise
(Reuters) - Gold prices touched five-month lows on Thursday, as the U.S. dollar and Treasury yields gained momentum after recent upbeat economic data added weight to expectations the Federal Reserve Key Points
ThePrintWeekly Top Picks: 4 stocks with consistent score improvement and upside potential of up to 41%
As Q1 earnings season picks up momentum more stocks from different sectors see an improvement in their analyst scores, it is important to be selective before being bullish when looking at stocks. 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
Stock Radar: Possibility of resumption in uptrend after consolidation makes this hotel stock attractive
The stock hit a 52-week high of Rs 405 on 19th June 2023 but failed to hold on to the momentum. The stock consolidated in a narrow range where Rs 400 acted as a strong resistance, while on the downside, support was above Rs 370. The support also corresponds with the 50-DMA on the daily charts. The stock did surpass Rs 400 levels in intraday trade on Thursday when it hit a high of Rs 405 but saw some profit-taking in Friday’s trade. Key Points
Economic TimesFrom Last Supper selfie to subway ride with Mona Lisa - AI art gains momentum
As the AI wave gains momentum, social media platforms have been inundated with ‘fake’ images and fanciful (yet convincingly visualised) narratives. Against this backdrop, some have also taken it upon themselves to recreate historical and mythological moments in an unique ‘selfie’ format. Key Points
mintIndian economy gaining momentum since second quarter, emerges from pandemic stronger
RBIs economic research wing headed by deputy governor Michael Debabrata Patra argued that the sequential slowing down in successive quarters of 2022-23 is due to base effect. As for the data, Indias gross domestic product (GDP) for the October-December quarter moderated to a three-quarter low of 4.4%, according to data released by the ministry of statistics earlier in the month. Key Points
Economic TimesIndian economy keeps its shine, with some red flags
India’s strong footing, especially at a time when recession bells are ringing in Europe, may prove useful to the Narendra Modi government ahead of elections. The country remains on top in Mint’s emerging markets tracker. Key Points
mintRisks of recession may reappear in 2024: India's Finance Ministry
India's Finance Ministry has said a recession may appear in 2024 due to uncertainties related to higher food and energy prices and geopolitical tensions. India's trade deficit reached a record high in October due to higher-value imports and lower exports. Rural demand has sustained momentum in Q2, driven by stable foodgrain production incomes and moderate inflation. Key Points
Economic Times
Stocks to Buy: Nykaa, SBI Life among top bets; here's why
The Nifty has largely traded within a range, showing a predominantly bullish sentiment. Over the past two to three days, a 'buy on dips' approach has been loved by the street since the Nifty crossed the crucial 19,500 mark. Key Points
mintNFO Alert: HDFC Mutual Fund launches HDFC NIFTY200 momentum 30 Index Fund; all you need to know
HDFC Mutual Fund announced the launch of the HDFC NIFTY200 momentum 30 Index Fund. The scheme opened for public subscription on February 09, 2024, and will close on February 23, 2024. Key Points
mintStocks in news: Hero MotoCorp, ICICI Bank, ITC, PB Fintech, Tata Chemicals, Indian Oil
Benchmark indices show positive momentum for the second consecutive day with lower volatility compared to the results day. Hero MotoCorp, ICICI Bank, ITC, PB Fintech, Tata Chemicals, and Indian Oil are in focus for various news developments. Allcargo Terminals, Bajaj Finserv, RVNL, Muthoot Microfin, and Pidilite Industries have also made significant announcements. Key Points
Economic TimesAutomakers make hay as car leasing gains momentum
The passenger vehicle subscription and leasing models are gradually gaining momentum in the country. To cash in on the growing demand, Kia India is the... Key Points
The Tribune IndiaRapid digital growth transforming payments bank segment: Airtel
Airtel Payments Bank CEO Anubrata Biswas is optimistic that the payments bank momentum in India will yield strong growth opportunities in the coming... Key Points
The Tribune India
Stock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 41%
Once again everything is looking green, the way FY 25 has started, it appears that bulls were on short term break due to tight liquidity conditions which tends to appear in the last month of every financial year. While the local liquidity condition might improve, the issue of high valuation is still not over. It is still a time to be cautious in terms of not going overboard with taking exposure to a certain stock, selective about what one is buying. The reason, if the street becomes selective and gets into correction mode once again, it is stocks where there has been improvements in the business operating matrix will be able to weather the storm better. These 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 TimesNo Monday Blues! Nifty50 hits fresh record high, Sensex surges 500 points
Indian equity indices surged on Monday, with Nifty50 hitting a record high. Several top companies gained in early trade, and sectoral indices showed positive trends. Experts expect sustained bullish momentum with a focus on largecaps for potential growth. Key Points
Economic TimesThakur slams INDIA bloc in Varanasi
“Earlier, nepotism and corruption were prevalent in Jammu and Kashmir. Ever since prime minister Narendra Modi abrogated Section 370 and 35A from Jammu and Kashmir, incidents of terrorism, separatism, and stone pelting have stopped there. Today, tourism has gained wings and the industry has gained momentum in the state,” he said. Key Points
Hindustan TimesRobust PMI figures signal a strong economic momentum
The HSBC India Services PMI clocked a robust 60.6 in February. Together with the manufacturing PMI climbing to a five-month high, there’s cause for optimism. Key Points
mintReady for re-rating once again? 4 stocks from textile sector with upside potential of up to 24%
In past 3 years, a host of sectors have been making a comeback. There are two kinds of comebacks, first is in terms of macro structure of the business witnessing an improvement and hence the bottomline showing an improvement and second is in the stock price performance. Both are very different and that's the most important needed to be taken into account. In last 8-9 years, there has been a policy-level effort to revive sectors like textiles for two reasons. First, it is a labor-intensive sector and impacts a large number of people. Second, there was an opportunity to cut imports and push exports. All the policy efforts were having a moderate impact but then came Covid and China plus one came into the picture, changing the whole picture externally. Internally, help came in the form of the PLI scheme which helped some companies reduce cost of capital and resources for expanding. This list is drawn from Stock Reports Plus, powered by Refinitiv, with over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum. Key Points
Economic Times
Ahead of Market: 10 things that will decide stock action on Tuesday
Nifty today ended 82 points higher at fresh peaks to form an Ascending Triangle pattern on the daily chart. Nifty has surpassed the swing high on the hourly chart, signaling an increase in optimism. The momentum indicator RSI is also suggesting a positive shift in momentum. Key Points
Economic TimesStock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 38%
While it might be too early to call or to some it might appear to be wish of which bears on the street would have, but the way the market breadth has panned out, there is probability of a selective correction taking place, which is essentially led by the profit booking. At this time if one is looking to increase exposure, it would be better that they should look for stocks where there are some improvements in the business operating matrix that tend to weather the storm better. These 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 TimesOil gains as Gaza ceasefire talks in focus
By Paul Carsten LONDON (Reuters) -Oil prices maintained upward momentum on Tuesday as investors awaited the result of top U.S. diplomat Antony Blinken's efforts in the Middle East to halt the Gaza war Key Points
ThePrintStocks to buy this week: Maruti Suzuki, Jindal Steel, Dr Reddy's Labs among 9 technical picks; do you own any?
The Nifty 50 rebounded from a two-week downturn last week, posting a robust gain of 2.35 per cent on the weekly scale despite heightened volatility in the market. Key Points
mintStock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 24%
While the volatility has been in nifty every now and then, the difference this week was that the mid-cap segment also participated in the correction and breadth was negative. This is indicative of profit booking happening at the broader market level. At this point of time, one cannot rule out volatility with strong bearish bias and more damage to stock prices in the mid-cap segment. In such times, if one is taking fresh exposure to equity, ensure that there is some level of quality as far as the business and fundamentals are concerned. These 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
Time to be contrarian? These 6 bank stocks can give over 18% returns
While the bank nifty might be facing pressure in today’s trading session, it is because of the three private banks with high weightage in the indices witnessing selling pressure.For contrarian and short term traders there might be an opportunity given the fact that it has been witnessed that such moves are followed by short covering sooner or later. But again this probably is trade for high risk traders or investors who have the ability to take a stand against market narrative. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members. Key Points
Economic TimesStock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 27%
While it might be too early to call or to some it might appear to be wish of which bears on the street would have, but the way the market has panned out at the start of 2024, there is probability of a selective correction taking place. So, it is stocks where there are some improvements in the business operating matrix that tend to weather the storm better. These 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 TimesIndia brimming with self-confidence, imbued with spirit of self-reliance, says Modi on Mann Ki Baat
The prime minister urged the public to 'maintain the same spirit and momentum in 2024' and noted India's accomplishments in 2023. He also spoke on physical and mental health. Key Points
ThePrint7.7% H1 growth leaves 'sceptics gasping and woefully behind curve': RBI article
Mumbai, Dec 20 (PTI) GDP growth of 7.7 per cent in the first half of this fiscal has “left sceptics gasping and woefully behind the curve”, an RBI article said on Wednesday. It also stressed the buildup in the growth momentum is likely to be sustained. The article on the state of the economy published […] Key Points
ThePrintWall St loses steam, Treasury yields touch multi-month lows as Fed frenzy wanes
By Stephen Culp and Marc Jones NEW YORK (Reuters) -U.S. stocks lost momentum in afternoon trading on Thursday, backing away from session highs while benchmark Treasury yields dropped to multi-month Key Points
ThePrint
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 TimesSecond quarter GDP numbers likely to be good: Economic Affairs Secretary
Economy grew at 7.8 per cent in first quarter (April-June). Indian economy is showing momentum and the growth rate in the second quarter (July-September) is likel Key Points
The Tribune IndiaAssembly poll results, RBI policy among 7 factors that will drive Dalal Street this week
The strong momentum seen last week has led to the hope of the momentum continuing in the week ahead. However, sustenance of the momentum depends on the outcome of certain crucial events such as the outcome of the assembly elections that took place in 5 states, the outcome of which will be out on Sunday. Key Points
Economic TimesSecond quarter GDP numbers likely to be good: Eco Affairs Secretary
New Delhi, Nov 29 (PTI) Indian economy is showing momentum and the growth rate in the second quarter (July-September) is likely to be good, Economic Affairs Secretary Ajay Seth said on Wednesday. The GDP numbers for the second quarter are scheduled to be released on Thursday. The economy grew at 7.8 per cent in the […] Key Points
ThePrintStock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 31%
While some of the uncertainties which the global equity markets were facing have come down with indication by US fed that interest rates are not likely to inch upward. The valuation risk still remains, it would better to stay focussed on stocks where analyst score have gone up due to one or the other reasons. These 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
Quant momentum Fund is open for subscription. Should you invest?
The scheme is benchmarked against NIFTY 500 TRI. The scheme will be managed by Sandeep Tandon, Ankit Pande, and Vasav Sahgal (equity investments), Sanjeev Sharma (debt investments). Key Points
Economic TimesNifty healthcare index stocks; Staying bullish on select pharma and hospitals
While they clubbed together, the operating matrix of a pharma company making drugs and hospital and a diagnostic company are very different. We take a look at what analysts are saying about different stocks from each of these segments. 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 TimesWeekly Top stock Picks: 5 stocks with consistent score improvement and upside potential of up to 45%
The stocks which enjoy a high growth potential and having at least a neutral market outlook with the latest overall average score of 4 and above are considered for selection. The average score of Stock Report Plus is based upon five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. Key Points
Economic TimesStock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 35%
Except for the last three weeks in which nifty witnessed some cuts which can be called as consolidation, nifty and sensex have been under the control of bulls. During this period, some stocks have witnessed consistent improvement in their 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 TimesStock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 37%
Except for one trading session in which nifty witnessed a sharp cut, nifty and sensex have been moving higher for the last one month. During this period, some stocks have witnessed consistent improvement in their 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
Weekly Top Picks: 5 stocks with score improvement and upside potential of up to 38%
In the last one month as more and corners of Dalal street come under control of bulls, 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 TimesStock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 23%
As broader market indices witness minor consolidation, which normally happens when they are close to all time high as some resistance is bound to come. Some stocks have witnessed consistent improvement in their 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 TimesStock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 25%
As broader market indices witness minor consolidation, which normally happens when they are close to all time high as some resistance is bound to come. Some stocks have witnessed consistent improvement in their 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 TimesTwo-wheeler sales remain in fast lane on strong demand
Forecasts of a normal monsoon, government spending on infrastructure projects and healthy procurement of wheat are expected to put more money in the hands of farmers and spur demand this year. The momentum is expected to continue in the coming months, driven by an uptick in customer sentiments, forecast of normal monsoon and a host of new launches in the premium segment, Hero MotoCorp said in a statement. Key Points
Economic TimesStock Radar: This NBFC stock hits fresh record highs in May; should you buy or book profit?
Recent momentum saw Poonawalla Fincorp stock form a higher high and higher low structure on the daily charts and broke out from the earlier swing high of Rs 343 recorded on 13 April 2022. Technical charts suggest that short-term traders can look to buy the stock for a possible short-term target of between Rs 373-390, with support at Rs 335 and a stop-loss on long positions at Rs 318. Key Points
Economic Times
IPL 2023 RCB vs GT Match Preview: Venue, weather report, pace of pitch, probable Playing XI and other details
With thumping wins in their previous matches, RCB look confident to keep the momentum for the playoff qualification. Virat Kohli, De Plessis and Glenn Maxwell are in solid form who can set the tone for winning the match. Key Points
FinancialexpressNifty IT index stocks: Hold recommendations galore; will analysts be right?
Gone are the days, when a single company was considered a bellwether for IT sector stock. Today, whether it is a large or mid sized company, all have different focus areas and hence their quarterly results tend to differ from one another. 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 Times