Friday, 25 May 2018

Mood of the Nation survey: Key takeaways

If the polls were to be held today, BJP’s vote share would come down to 35 percent, UPA could get 12 percent votes while other parties (including SP and Mayawati-led Bahujan Samaj Party) would together account for 46 percent.    With the 2019 Lok Sabha elections less than a year away,...

Technical View: Nifty 50 forms a bullish candle; 10,524 crucial for bulls in the coming week

India VIX fell down up by 4.46 percent at 12.55 levels. On the options front, maximum Put OI is intact at 10,500 followed by 10,400 strikes while maximum Call OI is placed at 10,800 followed by 11,000 strikes.    Bulls charged on D-Street from the word go as they helped Nifty50 to climb...

Sun Pharma Q4 profit up 7% YoY at Rs 1,309 crore, beats estimates

Revenues declined 1.11 percent to Rs 7279.9 crore in Q4 on YoY basis but came above analyst estimate of Rs 6,778.8 crore.    India’s largest drugmaker Sun Pharmaceutical's consolidated net profit rose 6.94 percent year-on-year (YoY) to Rs 1,309 crore in the fourth quarter...

These 38 multibaggers stocks rose up to 600% in 4 years; do you own any?

Since 2014, midcaps have faced three large round of corrections in January 2016, November 2016 and May 2017. In the current round, midcaps have already retraced 14 percent from the top, puncturing the bull cycle. Midcap stocks surged in 2014 after Prime Minister Narendra Modi assumed office on hopes...

See Nifty at fresh record high in FY19; 'quality stocks' available post correction

Number of quality stocks have become attractive after the recent correction and these can be value investments.   Given the worsening macro scenario and likely inflationary pressure in ensuing months, led by higher oil prices, premium valuations are completely dependent upon the earnings...