Fallen angels! Emkay identifies 5 stocks that may have overcorrected
Many stocks recently witnessed an over-correction, as high as 15%, when the Nifty index corrected 8% as of October 24 from it’s all-time high of 26,277.35 made on September 24. The index is now trading below the 24,300 level and also below most of its significant exponential moving averages (EMAs). Domestic brokerage firm Emkay Global…
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No Monday Blues! GDP numbers propels Sensex, Nifty to fresh all-time highs
Benchmark Nifty50 opened at a fresh record high for the fourth consecutive session on Monday, driven by gains in IT and financial stocks. This follows data showing that the countryβs economic growth outperformed major economies despite a slowdown.The BSE Sensex was up 240 points, or 0.30%, trading at 82,598, while the Nifty50 rose by 75…
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Stocks in news: Hero MotoCorp, Hindalco, Apollo Hospitals, Vedanta, Ola Electric
Domestic markets extended losses for a second straight day on Tuesday as Sensex tumbled nearly 700 points. In today’s trade, shares of Hero MotoCorp, Hindalco, Apollo Hospitals, Vedanta, Ola Electric among others will be in focus due to various news developments and first quarter results. HAL, Ola Electric, Mazagon Dock Shipbuilders, Bandhan BankShares of HAL,…
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Q1 results today: Hindalco, Nykaa among 660 companies to announce earnings on Tuesday
The first quarter earnings season is almost coming to an end and as many as 660 companies will announce their quarterly numbers on Tuesday. Key results to watch out include Hindalco, Nykaa, Hero MotoCorp, Apollo Hospitals and IRCTC. Apart from the above, companies like Samvardhana Motherson, Muthoot Finance, SJVN, Max Financial Services, Gujarat Fluorochemicals, Endurance…
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Dividend stocks: Vedanta, Ultratech among 100 stocks to trade ex-dividend next week. Do you own any?
As many as 99 companies have fixed their record dates this week for the purpose of determining the eligible shareholders for the payout of their dividends. Out of the lot, 5 are Nifty companies, i.e, Ultratech Cement, Maruti Suzuki, Cipla, Diviβs Laboratories and Hero Motocorp. Other names include companies like Vedanta, Oberoi Realty, Sundaram Finance…
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