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Emkay Global anticipates that Dabur will benefit from consumption recovery, leveraging its stable distribution expansion, extensive portfolio category coverage, continued emphasis on innovation, and sufficient liquidity for bolt-on acquisitions.

An analysis by ETMarkets of BSE-listed stocks with a market capitalization exceeding Rs 5000 crore shows that, during the recent three sessions (June 12-14), eight stocks consistently demonstrated rises in their prices, trading volumes, and delivery volumes.

Over the span of five trading sessions concluding on June 14, the Sensex benchmark index increased by approximately 0.39%, reaching a closing figure of 76,992. This rise occurred during three out of the five sessions.

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Godavari Biorefineries plans to utilize the net proceeds from the IPO to fund the repayment or pre-payment, in full or in part, of certain outstanding borrowings amounting to Rs 240 crore. The remaining amount will be used for general corporate purposes.

​ With the absence of any major immediate domestic trigger in sight, investors would focus on global trends and trading activity of foreign investors for further cues in a holiday-shortened week ahead, analysts said. Movement of global oil benchmark Brent crude and rupee-dollar trend would also guide the market.

​Axis Securities says that the market may continue to find direction based on a “Feel good” factor on policy continuity, pre-budget expectations, progress of monsoon, development on the CAPEX agenda, fiscal consolidation path and expectation of rural recovery in the second half.​

The post-election rally has taken everyone by surprise and both indices now are currently sustaining well above their short-term moving averages after testing their 200 day moving averages.

These 5 penny stocks surge 20-45% in a week

Updated at : 2024-06-15 15:20:01

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​Our selection criteria focused on stocks with a market capitalization under Rs 1000 crore and a share price below Rs 20. Additionally, we chose stocks with a last traded volume exceeding 50 lakh​

Domestic brokerage firm Emkay Global believes that they see very little chance of a meaningful correction as they remain constructive on the manufacturing/investment cycle and prefer playing it through durables (auto) and materials and believe that industrials and financials can be better played through select small and mid cap stocks.

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With the growing threat market regulator Securities and Exchange Board of India (Sebi) and stock exchanges including NSE have been warning investors of fraudulent entities and persons who scam people through digital means and social media platforms.

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