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Promoters held 0.0 per cent stake in the company as of 31-Mar-2023, while FII and DII ownership stood at 7.01 per cent and 3.29 per cent, respectively.

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ETMarkets.com has shortlisted ten stocks from the BSE200 index that have demonstrated consistent share price growth over the past five trading sessions

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Since March 2023, Nifty has surged nearly 8% and is now hovering near its record high. No wonder about 70% of Nifty constituents are trading in the green in the current calendar year.

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​The rest of the sectors were pretty much stable. So that is how you saw about 20 bps decline, 70 bps drag from global commodities and 50 bps lift from financials and auto.

Nifty ended FY23 with 11% EPS growth on a high base of 34% growth in FY22. Shifting focus from the Nifty universe to the volatile Nifty Next50 pack, also called Junior Nifty, 15 stocks stole the limelight this season. These are some of the fastest-growing companies of the last financial year, with up to 108% profit growth.

Last 18 months, say from October 21 onwards till now, it has been one kind of a grind. We have seen the market consistently going nowhere. In fact, in between, in May 2022, we even saw 15,200 on the Nifty.

ICICI Lombard shares drop 2.94% as Sensex falls

Updated at : 2023-06-09 15:40:04

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A total of 7,780 shares changed hands on the counter till 02:14PM (IST)

Brokerage firm CLSA has maintained a buy rating and target price of Rs 850 on Paytm. Motilal Oswal has recommended a buy call on Avenue Supermarts with a target price of Rs 4200. However, Macquarie downgraded HDFC Life to neutral from outperform with a target price of Rs 556, ICICI Prudential Life and SBI Life to neutral from outperform with target prices of Rs 486 and Rs 1306 respectively. The bank remains apprehensive of long-term growth prospects and increasing regulatory risks in insurance companies.

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So, if the Fed does not raise rates, then we have more legs to the rally because the markets are not pricing in a high probability of a rate hike.

Institutional investors such as foreign portfolio investors and mutual funds have increased their stakes in at least 20 Indian stocks in the past three quarters, but only 10 of these investments have yielded double-digit returns in FY23. The stocks that have rewarded the institutional investors include L&T Finance Holdings, Maharashtra Scooters, Arvind Smartspaces, Devyani International, Syngene International, BHEL, Hikal, Mayur Uniquoters, Tata Coffee, and Natco Pharma. Only stocks with a market capitalisation of at least INR 500 crore are included in the study.

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