Stocks to buy: ITC, HUL jump 18-27% in the last three months; what drives these FMCG stocks? — explained

Stocks to buy: ITC, HUL jump 18-27% in the last three months; what drives these FMCG stocks? — explained

Stocks to buy: The recent gains in FMCG stocks, including ITC, Hindustan Unilever (HUL), and United Spirits, have caught investors’ attention. The sector’s prospects look bright due to a better-than-expected monsoon, signs of revival in rural consumption, and growing consumer interest in premium products. Over the last three months, the Nifty FMCG index has outperformed … Read more

Shares to buy or sell: Chandan Taparia recommends three stocks to buy on Tuesday

Shares to buy or sell: Chandan Taparia recommends three stocks to buy on Tuesday

Indian stock market: On Monday, September 9, the Indian stock market benchmarks, the Sensex and the Nifty 50, posted solid gains. The Sensex closed at 81,560, marking an increase of 376 points or 0.46 percent, while the Nifty 50 ended the day at 24,936.40, up 84 points or 0.34 percent. “Nifty Index opened flattish and … Read more

Buy or sell: HUL, ITC & Zomato — Ganesh Dongre recommends three stocks for Monday

Buy or sell: HUL, ITC & Zomato — Ganesh Dongre recommends three stocks for Monday

Buy or sell: The Nifty index concluded the week at 24,852, settling comfortably within the anticipated support zone of 24,800-24,900. Throughout the week, the index demonstrated notable volatility, oscillating between 24,800 and 25,400. The consistent close above the key support level of 24,600 suggests that the bullish trend may persist, with the potential to test … Read more

Mcap of 8 of top-10 most valued firms surges to ₹2.10 lakh crore; TCS, LIC leads the pack

Mcap of 8 of top-10 most valued firms surges to ₹2.10 lakh crore; TCS, LIC leads the pack

In the holiday-shortened week, the combined market valuation of eight of the top 10 most valued firms surged by ₹2,10,330.26 crore, with Tata Consultancy Services (TCS) and Life Insurance Corporation of India (LIC) leading the gains. The BSE benchmark index increased by 85.31 points, or 0.10%, and the 30-share BSE Sensex reached a new all-time … Read more

Market capitalization of three of top-10 most valued firms rises by ₹1.06 lakh crore; HDFC Bank and ICICI Bank lead

Market capitalization of three of top-10 most valued firms rises by ₹1.06 lakh crore; HDFC Bank and ICICI Bank lead

Last week, during the holiday-shortened period, the combined market capitalization of three of the top-10 most valued firms surged by ₹1,06,125.98 crore. HDFC Bank and ICICI Bank emerged as the largest gainers. The BSE benchmark Sensex rose by 217.13 points or 0.28 per cent over the week. Among the top-10 firms, HDFC Bank, ICICI Bank, … Read more

When mkt crashes, defensives like HUL, Nestle, Hero stand tall

When mkt crashes, defensives like HUL, Nestle, Hero stand tall

On a day when several stocks hit the lower circuit triggering a trading halt, there were some fast-moving consumer goods and auto names that stood tall. This hints at investors fleeing to defensive bets in a highly volatile market. On Tuesday, India VIX jumped 28%. Shares of Hindustan Unilever Ltd, Nestle India Ltd, Britannia Industries … Read more

Stocks to Watch: Jio Financial, Vi, Aster DM, Cipla, Asian Paints

Stocks to Watch: Jio Financial, Vi, Aster DM, Cipla, Asian Paints

Vodafone Idea: The company is optimistic about its ₹18,000-crore follow-on public offer (FPO) receiving full subscription, particularly from anchor investors. The company’s CEO, Akshay Moondra said that the company plans to roll out 5G services within six to nine months after the FPO. This will involve fast-tracking orders for 5G equipment from vendors. It aims … Read more

Market valuation of top firms surges ₹59,404 crore during holiday-shortened week; Airtel and ICICI Bank gain big

Market valuation of top firms surges ₹59,404 crore during holiday-shortened week; Airtel and ICICI Bank gain big

The combined market valuation of seven out of the ten most valued companies surged by ₹59,404.85 crore during the holiday-shortened last week, with Bharti Airtel and ICICI Bank emerging as the biggest gainers, PTI reported. In the ranking of top-10 firms, Reliance Industries (RIL) maintained its position as the most valued company, followed by Tata … Read more

Market Capitalisation of 7of top-10 most valued firms surged to ₹71,301 crore; Bharti Airtel leads the pack

Market Capitalisation of 7of top-10 most valued firms surged to ₹71,301 crore; Bharti Airtel leads the pack

In an unprecedented rally, the BSE benchmark climbed by 374.04 points or 0.50% last week, setting new records. Markets remained closed on Friday for Mahashivratri festivities. Also read: Week Ahead: Inflation data, FII activity, global cues among key market triggers as Nifty 50 eyes 22,800 this week The 30-share BSE Sensex closed at a historic … Read more