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Five stocks with market caps over Rs 1000 crore formed a bullish "White Marubozu" pattern on April 30, signaling strong buying momentum and investor confidence in their upward trend.

Market narratives are shifting rapidly. Kranthi Bathini of WealthMills Securities discusses Tata Technologies, suggesting investors await earnings traction. Reliance Industries remains a buy-on-dip. Gensol Engineering faces challenges amid legal issues. Ambuja Cements and Bajaj twins are expected to perform well. Banking and financials are attractive sectors. Defence stocks offer opportunities. Nifty must hold above 24,000 amid global uncertainties.

Indian frontline indices closed marginally lower, influenced by IT stock declines, as traders awaited the May 1st holiday. Despite consolidation, the Nifty s bullish trend remains intact, supported by key technical indicators. Analysts recommend buying HDFC Life Insurance and Apollo Tyres, citing bullish patterns and strong momentum, with specific entry, stop-loss, and target levels provided.

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Japan s Nikkei share average rose on Thursday, extending early gains after the Bank of Japan slashed growth and inflation forecasts in a sign it would take longer than previously expected to raise interest rates again.

Kiyosaki, a longtime proponent of gold, silver, and Bitcoin as safeguards against what he describes as a "broken money system," highlighted several striking quotes from Lepard’s book, indicating they hold similar perspectives.

Sanjay H Parekh advises caution due to global tariff uncertainties and potential import/export vulnerabilities, despite India s perceived strong position. His portfolio favors domestic-heavy sectors like financials, autos, and capital goods, while underweighting IT and oil & gas. He remains positive on SBI, expecting temporary NIM pressure due to repo rate cuts.

Markets consolidate after recent rally amid geopolitical tension. Nifty eyes 24,800 if resistance breaks. Stock picks: HDFC Life and Sun Pharma show bullish technical setups with strong upside potential.

Despite ongoing uncertainties, improving global trade and steady earnings boost market sentiment. Banking, consumption, and pharma sectors shine. Zomato and Blue Jet Healthcare emerge as promising long-term investment opportunities.

Jinkushal Industries files IPO papers with Sebi

Updated at : 2025-05-01 20:45:01

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Jinkushal Industries Ltd (JKIPL) has filed preliminary papers with capital markets regulator Sebi seeking its go-ahead to float an initial public offering (IPO). The IPO is a combination of a fresh issue of 86.5 lakh shares and an offer for sale (OFS) of 10 lakh shares by promoters, according to the draft red herring prospectus (DRHP) filed on Wednesday.

Foreign institutional investors pumped ₹37,600 crore into Indian equities over 11 sessions, boosting the rupee to a five-month high amid falling crude and dollar weakness. Positive macro trends, RBI easing, and attractive valuations are further fuelling India-bound flows.

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