FPIs buy Indian equities worth nearly ₹90,000 crore in H1FY25 after record inflows in FY24, highest in September

FPIs buy Indian equities worth nearly ₹90,000 crore in H1FY25 after record inflows in FY24, highest in September

Indian stock markets continued to garner strong interest from foreign portfolio investors (FPIs) so far in the current financial year 2024-25 (FY25), driven by improving macroeconomic conditions, declining inflation, and a significant rate cut by the US Federal Reserve.  FPIs poured in ₹89,717 crore in Indian equities during the first half of the financial year … Read more

Markets near record high! Experts suggest key sectors to watch in this bullish market: Prefer IT and banks

Markets near record high! Experts suggest key sectors to watch in this bullish market: Prefer IT and banks

Benchmark indices Sensex and Nifty hit new highs in the previous session on September 24. However, as of September 25, trading remains subdued, with muted movement across the markets. On September 24, Benchmark Sensex reached a record high of 85,163.23, crossing the 85,000 mark for the first time, while Nifty set a new high of … Read more

Investors should diversify in large caps and flexicaps to limit correction impact: Aamar Deo Singh of Angel One

Investors should diversify in large caps and flexicaps to limit correction impact: Aamar Deo Singh of Angel One

Aamar Deo Singh, Sr. Vice President of Research, Angel One, believes that the valuations are relatively expensive across sectors, and investors definitely need to be more prudent and cautious in stock picking and not get carried away by market euphoria. In an interview, Singh advised investors that in the current market environment, they should look … Read more

ICICI Direct’s Top Momentum Picks: NBCC, HPCL; sees 8% upside in 30 days

ICICI Direct’s Top Momentum Picks: NBCC, HPCL; sees 8% upside in 30 days

Equity benchmarks rebounded strongly as concerns about a US recession diminished, buoyed by the latest economic data. The Nifty index gained over half a percent in today’s trading session, following a 0.13 percent rise in the previous session and a 1.65 percent rally on Friday. ICICI Direct Technical Outlook – Nifty ICICI Direct’s technical analysis … Read more

Indian market rebounds after 3 days of losses: Which sectors should you bet on? Here’s what experts suggest

Indian market rebounds after 3 days of losses: Which sectors should you bet on? Here’s what experts suggest

After experiencing three consecutive sessions of losses, Indian markets saw a rise of around one percent on Wednesday. This recovery was driven by a broad-based rally supported by positive global cues and the government’s proposal to restore indexation benefits on property sales, which boosted investor sentiment. Additionally, markets are keenly awaiting the Reserve Bank of … Read more

Zomato stock price up 112% in 2024; should investors buy now?

Zomato stock price up 112% in 2024; should investors buy now?

Global brokerage firm Nomura has increased its target price for Zomato to ₹280 from ₹225 while maintaining a ‘buy’ recommendation. This new target suggests a potential upside of over 9 percent. This comes after strong quarterly results for Q1FY25. Nomura highlighted Zomato’s significant growth potential and improving profitability in both its food delivery (FD) and … Read more

DOMS Industries shares surged 95% in 8 months, up 200% from its IPO price

DOMS Industries shares surged 95% in 8 months, up 200% from its IPO price

Investors who were allotted shares of DOMS Industries in December are likely happy with their investment decision, as the company’s stock has been on a bull run since listing, consistently reaching new all-time highs each month. The shares are currently trading at ₹2,394 apiece, which indicates a 203% premium to the IPO price of ₹790. … Read more

Outlook on Defence Stocks: Too Expensive or a strategic investment? Rohit Sarin of Client Associates answers

Outlook on Defence Stocks: Too Expensive or a strategic investment? Rohit Sarin of Client Associates answers

In a recent note, Rohit Sarin, Co-Founder of Client Associates, highlighted the notable momentum gained by India’s defence sector over the past five years. Supported by government initiatives like “Make in India” and a growing emphasis on self-reliance, the sector has experienced a significant rise in stock prices. The critical question arises: Are these defence … Read more