Latest Stock Market News

Later in the week, Bharat Forge ( Rs 1.5 per share), Power Finance Corporation (Rs 3 per share), and JM Financial (Rs 0.90 per share) will also trade ex-dividend.

"Earnings growth will continue to be the most dominant factor in driving markets forward. In the near term, the market would take its cues from macroeconomic factors like inflation, interest rates, crude oil price, and Union Budget expectations. One should also keep a tab on the global slowdown and liquidity-related concerns."

Rate this item

(1 Vote)

“The worst is over for the FMCG industry in terms of margin pressure and rural volumes. It will be a gradual recovery. In terms of palm oil, it is down almost 50% from the peak and we should not see a three week high or a four week high that would be a wrong way to look at the number because year-on-year, biscuit and soap companies will see good benefits starting in Q3 in terms of margins.”

Rate this item

(1 Vote)

“Larger IT deals are generally awarded to companies with a larger size and so LTI-MindTree combine will now be eligible to bid for even larger deals and that should be positive for the company. It will put some pressure on some of the existing players. Wipro has been lagging in terms of growth compared to peers while HCL Tech has been focussing on a different segment and is trying to improve growth.”

We have collated stocks from various experts for traders who have a short-term trading horizon.

Rate this item

(1 Vote)

NLC India Ltd. key Products/Revenue Segments include Power, Coal, Lignite, Fly Ash and Consultancy Income for the year ending 31-Mar-2022.

Investors can place a bid of a minimum of 60 equity shares and in multiples thereafter. Also, the issue is open for subscription till Wednesday, November 30. The anchor book will open for a day on November 25.

BofA Securities has a positive outlook on SBI India with a neutral rating and a target price of Rs 680 per share and it expects Bank of Baroda to lead the rest of the PSU bank pack. It has a buy tag on the lender with a target of Rs 190.

"The government over the years has brought down the cost of doing business by optimising and I think that is good. Fundamentally, we always look at the cost of doing business and the ease of doing business and the government has done a good job over the years of getting that better. Fundamentally, the focus and spending on infrastructure should continue. That has a huge multiplier effect."

“We believe that IT stocks can be a good buy for both small and medium term gains led by good corporate earnings and expectations of slowing pace of interest rate hike by Fed. Investors can also accumulate auto shares as good demand and RM prices cooling off may lead to rise in these stocks,” Mohit Nigam, Fund Manager & Head - PMS at Hem Securities said.

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.