IPO Calendar: 4 new issues, 7 listings to keep primary markets busy next week
The primary market will see four new IPOs opening for subscription next week including three in the SME segment. Apart from these new issues, the Street will also witness 7 listings. Going forward, the primary market momentum for the rest of the year looks strong with some bankers expecting as many as 1,000 IPOs in…
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Stocks to buy today: SAIL, Aurobindo Pharma and Piramal Enterprises on investors’ radar
Equity indices Sensex and Nifty rebounded sharply on Monday after five days of steep decline amid value buying at lower levels and a supportive trend in global markets. Stocks that were in focus include names like SAIL, which rose 4% and Aurobindo Pharma, which gained 1% and HPCL, whose shares declined nearly 1% on Monday….
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FPIs log Rs 21,789 crore inflows in December so far, reversing months of outflows
Foreign portfolio investors (FPIs) recorded net equity inflows of Rs 21,789 crore in December so far, marking a significant reversal after months of heavy outflows. With this surge in December, FPIs have experienced a total net inflow of Rs 6,770 crore in 2024, compared to outflows of Rs 15,019 crore at the end of November….
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Top picks post Q2 results: ICICI Bank, ONGC could give 30-60% return in 1 year
The 2QFY25 corporate earnings report revealed a weaker-than-expected overall performance, with Nifty earnings growing by just 4% YoY, in line with estimates. This marks the second consecutive quarter of single-digit growth for the Nifty, a trend not seen since the pandemic’s onset in June 2020. The aggregate performance was hit by a drag from global…
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Hot Stocks: Brokerages see 11-30% upside in Apollo Tyres, Eicher Motors & L&T
Global brokerage firms have shared their insights on key stocks, highlighting investment opportunities with potential upsides. Goldman Sachs has reiterated its confidence in Eicher Motors and Larsen & Toubro (L&T), citing strong growth drivers and robust performance indicators. Meanwhile, UBS has maintained its bullish stance on Apollo Tyres, emphasizing a promising outlook despite mixed quarterly…
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Patent cliff can turn Indian pharma stocks into investor’s goldmine
Over the past few months, the market witnessed a sharp rally in pharma sector stocks, one of the key drivers behind this surge is ‘Patent Cliff.’ A Patent cliff occurs when a significant number of drug patents expire and other companies are allowed to manufacture similar drug. Typically, the patent of a drug lasts for…
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