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[hfe_template id='11223'] [ad_1] Synopsis 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. Simple average of the above-mentioned five component ratings is normally distributed to reach an average score. The following list of stocks in the headline index Nifty50 were given a “Strong Buy/Buy” recommendation in the latest Stock Reports Plus report dated July 1, 2024. Analysts’ recommendations are provided using Institutional Brokers' Estimate System (IBES) to provide you actionable insights. You can also check the breakdown of the count of analysts’ giving buy/sell/hold recommendations to each stock in the index.Stock Reports Plus, powered by ETMarkets.com 3 mins read, Last Updated: Jul 01, 2024, 10:36:00 AM IST Gift A Story Share member-only stories with your friends or family and h...

[hfe_template id='11223'] [ad_1] The shares of Sylvan Plyboard listed on the NSE SME platform with a premium of 20% on Monday. The stock debuted at Rs 66 as against an issue price of Rs 55. Ahead of the listing, the company's shares traded with a premium of Rs 30 in the unlisted market. The IPO, which was completely a fresh equity sale of 51 lakh shares, was subscribed over 80 times at close. The net proceeds from the public offer will be used for funding capital expenditure, working capital requirements, issue related expenses and general corporate expenses. The company is engaged in the manufacturing of various wood products such as plywood, block board, flush door, veneer and sawn timber across various grades and thickness.Slyvan Plyboard has diversified into manufacturing activities by setting up an integrated manufacturing facility in Baidyabati, West Bengal, spread over an area of nearly 11.61 acres.The company said it is dedicated to constantly expanding and u...

[hfe_template id='11223'] [ad_1] Shrugging off all worries related to elections, foreign institutional investors (FIIs) have ended up buying Indian stocks worth about Rs 26,565 crore in June - before the Union Budget and India’s inclusion in JP Morgan’s bond index. After being net sellers in the last two months, a U-turn by FIIs comes amid expectations that reforms will continue after the elections. Improved GDP growth forecast and solid earnings by India Inc has also increased the appeal for FIIs, analysts say. “Political stability despite the BJP not getting majority on its own, and the sharp rebound in markets aided by steady DII buying and aggressive retail buying, has forced the FIIs to turn buyers in India. It appears that FIIs have realised that selling in the most performing market would be a wrong strategy. FII buying can sustain provided there is no sharp up move in U.S. bond yields,” said Dr VK Vijayakumar, Chief Investment Strategist, Geojit Financial Service...

[hfe_template id='11223'] [ad_1] After rising 2% last week despite mixed signals from the global market, Nifty may hold the 23,400-23,700 zone in case of profit-taking, while eyeing levels above 24,500. Global cues, especially from the US, indicate a supportive outlook, with major indices continuing their upward trend despite intermittent consolidation. "Investor attention was predominantly on large-cap stocks, resulting in underperformance of mid and small-cap segments. The IT sector especially showed notable recovery along with private banks which outperformed public sector banks in the banking segment," said Vinod Nair of Geojit Financial Services. Here are key factors that would determine Nifty's trajectory this week: 1) FII flows Market data shows foreign investors bought Indian stocks worth over Rs 26,500 crore in June. "It appears that FPIs have realised that selling in the most performing market would be a wrong strategy. FPI buying can sustain...

[hfe_template id='11223'] [ad_1] A boom in artificial intelligence fueled a blistering first half for the US stock market, and traders expect to see the same — and more — in the remainder of the year. The S&P 500 Index has climbed 14% since the beginning of January, notching its second-best stretch of records to start a year this century, thanks to a resilient economy, improved corporate earnings and torrid demand for companies linked to AI. Even with signs of economic cooling, the rally is getting help from a Federal Reserve that’s considering when to trim rates after the most disruptive tightening campaign in decades. A strong first-half in the stock market has historically boded well for the rest of the year. Whether that will be the case again is anyone’s guess, considering wild cards on the horizon. The US presidential election in November — which may move stocks haywire — is one of them. Uncertainty about the path of interest-rate cuts is another. Agencies Afte...

[hfe_template id='11223'] [ad_1] 3M India, M&M, Tata Communications, Apollo Tyres, and several other companies are expected to remain in focus this week as they approach their record dates for dividend payments. Dividends are paid to shareholders whose names appear in the company's database on the record date. Following the implementation of the T+1 settlement framework, the record date and ex-date are typically the same in most cases, barring any market holidays immediately after the ex-date. Shareholders who purchase the stock at least one day before the ex-date are eligible for dividends, as settlement occurs on the ex-date itself. Those who buy the stock on the ex-date itself are not eligible for dividends. Here is a list of companies whose shares will be trading ex-dividend this week: July 1 GHCL GHCL will be paying a dividend of Rs 12 per share to its eligible shareholders. The record date for this dividend is July 1st. GHCL Textiles The company declared a...

[hfe_template id='11223'] [ad_1] Jun 29, 2024, 01:24:48 PM IST 1 / 11 Maintain composure during panic Renowned value investor David Tepper advises that maintaining composure during market panics can lead to success, as growth is a natural process and optimism is often rewarded in the long run. iStock 2 / 11 Big market corrections provide big opportunities David Tepper believes that significant market corrections create substantial opportunities for investors, who must identify these opportunities to succeed. He acknowledges that the exact reasons for deep market corrections are unclear, but emphasizes that without them, many top-performing long-term investors would not have achieved their remarkable returns. Shutterstock.com 3 / 11 Spot best opportunities David Tepper advises investors to always stay optimistic and be vigilant for the best investment ideas. By identifying the right opportunities, particularly during market corrections, investors have the potential to bec...

[hfe_template id='11223'] [ad_1] Nine of the top-10 most valued firms together added Rs 2,89,699.42 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in line with a rally in equities. Last week, the BSE benchmark jumped 1,822.83 points or 2.36 per cent. The BSE Sensex recorded the best monthly gain in June by climbing 7.14 per cent. The Sensex breached the historic 79,000 mark on Thursday. While Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, Bharti Airtel, State Bank of India, Infosys, Hindustan Unilever and ITC were the gainers, Life Insurance Corporation of India (LIC) emerged as the laggard. The market capitalisation (mcap) of Reliance Industries jumped Rs 1,52,264.63 crore to Rs 21,18,951.20 crore. TCS added Rs 34,733.64 crore taking its valuation to Rs 14,12,845.09 crore. The mcap of ICICI Bank soared Rs 30,286.99 crore to Rs 8,44,201.88 crore and that of Bharti Airtel surged Rs 18,267.7 cr...

[hfe_template id='11223'] [ad_1] Oil India and Vertoz Advertising, along with several other companies, are expected to remain in focus this week as they approach their record dates for bonus issues, stock splits, buybacks, and demergers. The record date is set by the company to determine which shareholders are eligible to receive the offer. To qualify for a buyback offer, bonus issue, or stock split, shares must be held in the Demat account on the record date. Here is a list of stocks approaching their record date for various corporate actions this week: July 1 Demerger | Oriental Carbon & Chemicals: The board of Oriental Carbon has fixed July 1st as the record date for determining eligible shareholders. July 2 Buyback | Bajaj Consumer Care: Bajaj Consumer Care has announced a Rs 166.49-crore share buyback. The record date for this buyback is July 2nd. Bonus issue | Oil India: The record date for the 1:2 bonus split has been fixed as July 2nd. July 3 Bonus issue | GP...

[hfe_template id='11223'] [ad_1] The unstoppable march of the mega caps, sloth-like central bank pivots, political palpitations aplenty and M&A is back - the first half of 2024 has been another whirlwind in world markets. Forecasts for a global interest-rate-cutting frenzy may not have materialized, but Nvidia and the rest of the Magnificent 7 soared another $3.6 trillion in market value. MSCI's 47-country world stocks index has clocked up a punchy 11% since January. Good yes, but nowhere near the 30% leap of team tech, or the frankly eye-popping 150% gain of chip champ Nvidia. "Thirty percent of the S&P's returns this year have come from Nvidia alone," the chief investment officer of IBOSS Asset Management Chris Metcalfe said, pointing out it was now the most expensive stock on the most expensive market in the world. It is not just equity markets where milestones have been set. Japan's yen has bowed to a 38-year low against the dollar in ...

[hfe_template id='11223'] [ad_1] U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months, drawing the Federal Reserve closer to start cutting interest rates later this year. The report from the Commerce Department on Friday also showed consumer spending rose marginally last month. Underlying prices advanced at the slowest pace in six months, raising optimism that the U.S. central bank could engineer a much-desired "soft landing" for the economy in which inflation cools without triggering a recession and a sharp rise in unemployment. Traders raised their bets for a Fed rate cut in September. "This was a very Fed-friendly report that should keep the September rate cut in play, while at the same time increasing investor confidence that moderate economic growth can be maintained even as rates stay higher for longer," said Scott Anderson, chief U.S. economist at ...

[hfe_template id='11223'] [ad_1] Indian benchmark indices scaled new heights gains in the last week of the June month despite mixed signals from the global market, particularly regarding inflation concerns. While the largecap stocks saw significant investor attention, the broader market of mid and small-cap segments underperformed. During the June month, as many as 187 BSE500 stocks have delivered double digit weekly returns with four of them offering over 40% returns. The India Cements was the top gainer in this pack with nearly 44% return, followed by Amara Raja Energy (41%), JK Paper (40.5%), and V Mart Retail (40.5%). About 11 stocks including Praj Industries, Bombay Burmah, IFB Industries, Bayer CropScience, Mazagon Dock Shipbuilders, Cholamandalam Financials, Whirlpool India among others have offered returns between 30-40%. In the smallcap segment, about 2 stocks GTL Infrastructure and Moschip Technologies have turned multibaggers. While GTL Infrastructure has gain...

[hfe_template id='11223'] [ad_1] Fresh meme-stock mania took center stage on Wall Street this week just as the world’s biggest equity market closed out another blistering quarter. Yet behind the scenes, softening economic growth is testing bullish investor convictions, while fueling big divides between the strong and the weak across Corporate America. Dispiriting trends that have been visible for months now alongside the frenzy for megacap tech stocks and private credit – are on display yet again. Companies with dicey balance sheets have underperformed anew in June. Equal-weighted stock benchmarks where disruptive AI market leaders have the same weighting as industrial bellwethers have lagged yet again. A dose of good news on consumer prices initially boosted sentiment in early Friday trading, with the S&P 500 closing the week little changed. Along the way, warnings have grown that the Federal Reserve is waiting too long to release the economy from its anti-inflatio...

[hfe_template id='11223'] [ad_1] The Securities and Exchange Board of India (Sebi) board held a meeting on June 27, Thursday and approved some major policy shifts including the exit and entry criteria for stocks in derivatives segment and tightening rules around finfluencers. ETMarkets has summarised key announcements made by the market regulator. Here are top 10 Sebi announcements: 1) Crackdown on finfluencers The Securities and Exchange Board of India (Sebi) has approved finfluencer norms, prohibiting regulated entities like brokers from dealing with them. Under the norms, the Sebi regulated entities and their agents are barred from having any association directly or indirectly with any other person who provides advice or recommendation in respect to securities. The regulated entities cannot have any transactions involving money, referral of a client, interaction of information technology systems or any other association with the unregulated ones. However, the above re...

[hfe_template id='11223'] [ad_1] Indian markets have been riding a wave of unprecedented highs, setting new records week after week. However, this bull run hit a roadblock on June 4, 2024, when the market experienced a sharp decline of 5.93%. However, the market recovered from this sharp fall within three trading days. This underscores the fascinating dynamics of investor psychology and panic selling, where emotions often drive decisions more than rational analysis. Panic selling is a phenomenon where investors, gripped by fear, rush to sell their holdings during a market decline. The fear of further losses and erosion of gains in profitable stocks can overwhelm even long-term investors, leading to hasty decisions that may not align with their financial goals. To understand the impact of panic selling, it is essential to examine specific data on major market corrections. Large single-day declines often indicate widespread panic and fear among investors. Date of Fall Sing...