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​ICICI Direct recommended to keep stop loss at Rs 304.7 Canara Bank, incorporated in the year 1906, is a banking company (having a market cap of Rs 55539.60 Crore).

Despite recording stronger-than-expected Q4 earnings, Bajaj Auto shares fell. The company has seen some market share losses in premium bikes and exports. Jefferies analyst Nitij Mangal sees multiple tailwinds, including the rebound of domestic demand and gradual export recovery.

Its revenue from the India segment rose 13.3% to Rs 1,468 crore. Meanwhile, the European business of the company outperformed the Indian business by 5.8%. Europe revenue clocked at Rs 1,553 crore for the quarter, constituting nearly 51.4% of total revenue.

Promoters held 54.98 per cent stake in the company as of 31-Mar-2023, while FIIs owned 12.35 per cent, DIIs 10.79 per cent.

​We are in the top quartile of the FMCGs. So, in this quarter, if you look at specific businesses per se, India business beverages, tea specifically, back to volume growth, 1% volume growth, 3% revenue and margins almost coming back to normalised.

Hemang Jani, suggests that ITC is still cheaper than its peers, and with its solid performance across divisions, it is still the best time for investors to hold onto ITC. Jani also maintains a positive bias on Maruti and Ashok Leyland in the auto sector, as despite the relatively higher base, he believes it will deliver strong earnings growth.

ICICI Bank has outperformed BSE Sensex, Nifty50 and banking indices Nifty Bank and BSE Bankex, registering over 21% returns over the past 12 months amid robust Q4 earnings and technical triggers. According to Rajesh Palviya, VP of Technical and Derivatives Research at Axis Securities, the stock is in a strong uptrend across all time frames, with a series of higher tops and bottoms, rebounding sharply after recapturing its 20, 50, 100, and 200-day SMA. Sharekhan maintains a "Buy" rating on ICICI Bank with a target price of Rs 1,120. Key risks include economic slowdown, slower loan growth, and lower margins.

The cement stock hit a record high of Rs 598 on 9th December 2022 but failed to hold on to the momentum. The stock found support above Rs 320 levels in February 2023 and bounced back but it failed to clear resistance around Rs 400 levels.

So, apart from aggressive store opening we will also have these four parameters play out in a significant number of stores and we do expect again a very high double digit for Starbucks as well.

The pandemic-induced rally in the stock market led to explosive growth in the number of demat accounts, with many novice investors trading recklessly on the basis of ads offering "trading as a profession." However, the vast majority of retail investors do not get good returns from the market because they invest in cheap low-grade stocks and do not conduct research. Moreover, the vast majority of traders lose money in reckless overtrading, with a recent SEBI study finding that 89% of traders in the equity F&O segment lost money in FY22. Only disciplined, systematic investment in high-quality stocks/mutual funds can result in good returns over the long term.