Wednesday, 10 January 2018

Apollo Micro Systems’ Rs 156-cr IPO opens today. Should you subscribe to the issue?

The company fixed a price of Rs 270-275 per share and said that the proceeds will be used to meet additional working capital and other general corporate purposes.   A new entrant to the primary market on Wednesday will be Apollo Micro Systems, which is set to open its initial public offering. "The...

2017-like rally unlikely, but can expect 12-15% returns this year; 5 themes key in 2018

12-15% returns possible if earnings show 10/19 percent growth in FY18/19 and GDP grows more than 7 percent in next few quarters. The market gave a big surprise to investors in 2017 as the 50-share NSE Nifty shot up 29 percent, which was largely in line with global trend, but it was despite growth...

51 stocks have fallen over 50% from their 52-week highs: Should you pick any?

A rising tide lifts all boats, or most. With markets hovering at all-time highs, nearly all stocks in the market have appropriately risen. While some investors and traders choose momentum  as a strategy, in which you chase high-performing stocks, others look at a contrarian approach. So...

Should investors wait for a 3-5% correction before putting fresh money ahead of Budget?

If the dip happens, investors would welcome it with both hands but it is difficult to time markets. Hence, a staggered approach of investing should be followed.     The bulls remained in control of Indian markets so far in the month of January with benchmark indices climbing to record...

Short covering likely to push index towards 10,750; 5 stocks which can give up to 19% return

On the technical front, 10,550-10,500 spot levels is strong support zone for Nifty and current trend is likely to continue towards 10,700-10,750.   At current levels still, there is a lot of outstanding short position held in Nifty and Index calls and we can expect another round of short...

Looking where to invest? Check out CLSA's list of 7 midcap stocks

The global investment bank has turned cautious on the midcaps space and prefers quality and growth visibility. The domestic mutual fund's industry has a bias towards mid/smallcaps in general. The CNX Midcap Index is trading at a 30 percent premium to the Nifty on a one-year forward PE basis over...