L&T

Nifty 50 expected to rise 14% to reach 25,810 level by December, says Prabhudas; picks 7 large cap stocks to buy

by
Nifty 50 expected to rise 14% to reach 25,810 level by December, says Prabhudas; picks 7 large cap stocks to buy

Nifty 50 will have scaled up to the 25,810 mark by December 2024, highlighted domestic brokerage Prabhudas Lilladher in its most recent India Strategy Report, Democratic Hat-trick to Re-Rate Markets. The ongoing rule of the National Democratic Alliance (NDA) government and the La Nina-led regular monsoons, which are predicted to bring policy stability and accelerate … Read more

Stocks to Watch: Wipro, L&T, Adani Green, Vi, Cochin Shipyard, ZEEL, Titan

by
Stocks to Watch: Wipro, L&T, Adani Green, Vi, Cochin Shipyard, ZEEL, Titan

Larsen and Toubro: L&T Defence, the defence equipment arm of Larsen and Toubro, plans to expand into the production of non-military equipment and infrastructure. This strategy aims to optimize the use of its assets while the company anticipates securing larger defence contracts. To align with this new business approach, the division has been renamed L&T … Read more

Stock Market: Half of Nifty 50 constituents, two-thirds of sectoral indices trade at premium valuation: Motilal Oswal

by
Stock Market: Half of Nifty 50 constituents, two-thirds of sectoral indices trade at premium valuation: Motilal Oswal

The Nifty 50 index has gained nearly 3% in 2024 so far, but the broader markets have outperformed the benchmark as the Nifty Smallcap 100 rallied 6.8%, while the Nifty Midcap 100 index surged 7.7% YTD. During the last twelve months, the midcap and smallcap indices have gained 65% and 78%, respectively, while largecaps have … Read more