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News stories about "push" in India.

Posted on: 08 Dec, 01:57 AM

Helped by continuation of policy push: 5 largecap stocks from different sectors with upside potential of u

There are many sectors which have been able to do well because of policy push by the government. Many may not realize that “Tipper” which is a kind of light commercial vehicle ( LCV) did extremely well due to the fact that it is used in road construction and in the last eight years, that has done extremely well. Similarly a tile company did well because there was a housing boom and auto ancillary which was focussed on EV did well due to push to EV. Now with increased probability of continuation of policy push, some of these sectors and companies are likely to see continued tailwinds. 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

India to push for creation of Artificial Intelligence-based portal at G20

“An international body such as the UNCTAD could house it”, a senior government official said. The discussions are at initial stages but the attempt is to push for tangible outcomes that can provide some solution, the official added. It will attempt to push some of these issues at the upcoming meeting of the Trade and Investment Working Group, to be held in June Kewadiya in Gujarat. Key Points

4 exercises a personal trainer says everyone should have in their ‘push day’ workout, including the push-up and chest press

"Push" exercises are movements similar to those you perform in real life when pushing objects away from you. A personal trainer recommends these four. Key Points

Election time; 5 construction & contracting companies with Strong Buy and Buy rating can rise up to 44

As we come closer to elections, both in states in 2023 and the general election of 2024. The government spending on infrastructure projects, which has remained at elevated levels for many years, may see a further push as many state governments rush to complete and announce more of them. This will have a trickle down effect on many parts of the economy and specially companies in contracting and construction. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or strong buy . Key Points

Election Factor: 5 construction & contracting companies with ‘buy’ recos have upside potential of up to 32

Historically, in an election year, two things happen: one some state governments tend to push for completion of infrastructure projects so that they may be showcased as achievements. Second, more money gets pumped into the system. This will have a trickle down effect on many parts of the economy and specially companies in contracting and construction. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or strong buy . Key Points

Election push! 5 construction & contracting companies with 'buy' ratings & upside scope of up to 26%

With state elections kicking off with Karnataka, the government spending on infrastructure projects, which has remained at elevated levels for many years, may see a further push. Many state governments may rush to complete and announce more of them. This will have a trickle down effect on many parts of the economy and specially companies in contracting and construction. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or strong buy . Key Points

Elections & Infrastructure: 4 construction & contract companies with ‘strong buy’ and ‘buy’ rating can ris

Karnataka was the first state election in the series of elections which we will witness in 2023 before the general election of 2024. The government spending on infrastructure projects, which has remained at elevated levels for many years, may see a further push as many state governments rush to complete and announce more of them. This will have a trickle down effect on many parts of the economy and specially companies in contracting and construction. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or strong buy . Key Points

Gaurav Bissa on what to buy and sell in this market

Gaurav Bissa recommends a buy on Reliance Industries, which has given stability and a strong push to the markets. He also suggests a sell call on ICICI Prudential due to consistent lower top, lower bottom formation. Bissa believes the market is stock-specific and recommends a blend of large and midcaps. Key Points

Soaring vegetable prices may tip India's delicate inflation balance

A steeper-than-expected surge in the prices of vegetables, especially tomatoes, over the past few weeks could push India's retail inflation towards 5.5% in the July-September quarter, at least three economists said. However, if the spike in vegetable prices sustains, it could push July inflation towards 6%, said Gaura Sen Gupta, an economist at IDFC First Bank. Key Points

Ready 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

NBCC rallies over 100% in just 1 month. Is there more upside left?

National Buildings Construction Corporation (NBCC) shares surged 47% following the government's push for affordable housing in the interim Budget. Finance Minister Nirmala Sitharaman announced plans to build 2 crore more houses for the rural poor and a scheme to help the middle class buy or build their own houses. This announcement has boosted optimism in the real estate and allied sectors. NBCC has already been experiencing positive momentum and the government's emphasis on capex further supported the stock. Key Points

Policy support likely to continue: 4 stocks from railways sector with upside scope of up to 30%

Railways was among the last sectors to get re-rated due to the policy focus. But the speed at which the stocks got re-rated was very sharp. Whether it was companies which are financing the expansion of railways or private sector companies which are making coaches in the last eighteen months all of them have done extremely well . After they reach a certain level of valuations where they may not be classified as cheap. The question is whether the policy push which may continue in coming years will make their bottomline move up sharply which ensures that not only valuations are taken care of but also there is continued re-rating. Key Points

Measures to push up EVs not really a push down for CNG vehicles: Shashank Srivastava, Maruti Suzuki

“Today almost 25% of our products are CNG and about 15% of the industry now is CNG as compared with about 17.5% for diesel. Yes, EV is also separate, currently at around 2.4% of the industry. Yes, there would be support for EV and in the intermediate period before EVs become mainstream, you would find support continuing for hybrid and CNG as well.” Key Points

China slowdown won't have much impact on India, says Finance Secretary TV Somanathan

India's finance secretary, T.V. Somanathan, has said that the slowing Chinese economy is unlikely to have much of an impact on India's economy, and the government will continue with its capital expenditure push. The Chinese economy is suffering after retail sales, industrial output and investment data came in much lower than expected. Five major brokerages have now cut China's growth forecast for this year. Key Points

India's BEML posts smaller Q1 loss as expenses fall

India's BEML Ltd (BEML.NS) reported a narrower first-quarter loss on Friday, supported by a dip in input costs and as government spending for infrastructure increased. Key Points

Is 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

Gov't spending to drive India growth this fiscal year, economists say: Reuters poll

Over 50% of economists in a recent Reuters poll said government spending would be the primary driver, with investment playing a pivotal role. However, there are doubts over whether private sector investment will increase in order to add to the government's capex push. Despite predictions, there may be downgrades on the back of the challenging global economic outlook. Key Points

In big jobs push under Rozgar Mela, PM Modi distributes 71,000 appointment letters to new recruits

Prime Minister Narendra Modi on Tuesday distributed 71,000 appointment letters to new recruits. The recruits will join various departments of the Union government as well as state governments and Union Territories (UTs) supporting the Rozgar Mela initiative of the Centre. Key Points

Why Rakesh Arora is in no hurry to buy cement and steel stocks now

Rakesh Arora of Go India, predicts a moderate outlook for the cement and steel sectors beyond Q1 of this year. A lack of price discipline and the emergence of new competitors such as Adani Cement could hamper pricing, leading to a potential disappointment in the cement industry if companies continue to push towards volume over pricing. While cost pressures are reducing and margins are improving due to cost reduction, the picture for steel remains uncertain due to global demand risks and dropping steel prices in China. Key Points

Allu Arjun’s birthday gift to his fans is fiery return as Pushpa, sets up the premise of Pushpa The Rule. Watch

Pushpa is alive and ready to rule. Allu Arjun will reprise his famous role in the sequel of his pan-India blockbuster film, Pushpa: The Rise. Key Points

The Indian Express

Putin ‘informationally isolated’, could use ‘the bomb’ if…: Ukraine's Zelensky

Russia-Ukraine War: “If a person wants to save himself, he really ... will use these. I'm not sure he's ready to do it," Volodymyr Zelensky said. | World News Key Points

Hindustan Times