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May 9, 2024
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10 Large Cap Companies Like Coal India, HDFC Bank Get Upgrades & Downgrades From Motilal Oswal On Q4 In a recent interim review, Motilal Oswal Financial Services Limited (MOFSL) reported a mixed outlook for Q4FY24 earnings. While some companies saw upgrades for FY25, others faced downgrades. Excluding the BFSI sector, profits declined by 3% YoY, slightly better than expected. Out of 27 companies covered, 19 saw significant upgrades or downgrades. Stock movements included Coal India down 4%, Axis Bank stable, Maruti Suzuki up 0.30%, Bajaj Auto up 2%, HDFC Bank down 2%, SBI Life Insurance down 1%, HDFC Life Insurance down 2%, Bajaj Finance down 2%, HCL Technologies up 1%, and LTIMindtree down over 1%. Analysts advise cautious investment strategies amid sectoral disparities. The review by MOFSL offers insights for investors navigating financial markets, with attention to how revised earnings estimates translate into actual performance 10 Large Cap Companies Like Coal India, HDFC Bank Get Upgrades & Downgrades From Motilal Oswal On Q4 In a recent interim review, Motilal Oswal Financial Services Limited (MOFSL) reported a mixed outlook for Q4FY24 earnings. While some companies saw upgrades for FY25, others faced downgrades. Excluding the BFSI sector, profits declined by 3% YoY, slightly better than expected. Out of 27 companies covered, 19 saw significant upgrades or downgrades. Stock movements included Coal India down 4%, Axis Bank stable, Maruti Suzuki up 0.30%, Bajaj Auto up 2%, HDFC Bank down 2%, SBI Life Insurance down 1%, HDFC Life Insurance down 2%, Bajaj Finance down 2%, HCL Technologies up 1%, and LTIMindtree down over 1%. Analysts advise cautious investment strategies amid sectoral disparities. The review by MOFSL offers insights for investors navigating financial markets, with attention to how revised earnings estimates translate into actual performance

10 Large Cap Companies Like Coal India, HDFC Bank Get Upgrades & Downgrades From Motilal Oswal On Q4 In a...

May 9, 2024
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JPMorgan upgrades Kotak Mahindra Bank to an overweight call. Says Q4 headline profit adjusted for one-offs was 8% ahead of estimates, adding that the co can continue to compound balance sheet at 16% CAGR over the next 2 years JPMorgan upgrades Kotak Mahindra Bank to an overweight call. Says Q4 headline profit adjusted for one-offs was 8% ahead of estimates, adding that the co can continue to compound balance sheet at 16% CAGR over the next 2 years

JPMorgan upgrades Kotak Mahindra Bank to an overweight call. Says Q4 headline profit adjusted for one-offs was 8% ahead of...

May 9, 2024
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NTPC Green Energy Limited Inks MoU with Mahatma Phule Renewable Energy and Infrastructure Technology Limited The MoU envisages the joint development of grid connected Renewable Energy Park and Projects including Solar, Wind, Hybrid etc. and/or solutions thereof up to 10 GW in the state of Maharashtra NTPC Green Energy Limited Inks MoU with Mahatma Phule Renewable Energy and Infrastructure Technology Limited The MoU envisages the joint development of grid connected Renewable Energy Park and Projects including Solar, Wind, Hybrid etc. and/or solutions thereof up to 10 GW in the state of Maharashtra

NTPC Green Energy Limited Inks MoU with Mahatma Phule Renewable Energy and Infrastructure Technology Limited The MoU envisages the joint...

May 9, 2024
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BANKNIFTY option chain shows a range in between 47400-48600 zones, with 48000/47800 to play a crucial role for the day. Intraday dips towards these levels can be used to go longs, with tight Sl of 47400 BANKNIFTY option chain shows a range in between 47400-48600 zones, with 48000/47800 to play a crucial role for the day. Intraday dips towards these levels can be used to go longs, with tight Sl of 47400

BANKNIFTY option chain shows a range in between 47400-48600 zones, with 48000/47800 to play a crucial role for the day....

May 9, 2024
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Nomura initiates a buy call on HAL and BEL, eyeing increased visibility on order inflows, conviction on margin de ry for BEL. Also adds, that there is a $138 Bn opportunity over FY24-32 Nomura initiates a buy call on HAL and BEL, eyeing increased visibility on order inflows, conviction on margin de ry for BEL. Also adds, that there is a $138 Bn opportunity over FY24-32

Nomura initiates a buy call on HAL and BEL, eyeing increased visibility on order inflows, conviction on margin de ry...

May 9, 2024
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Global Indices GIFT Nifty: 22393 +5 Hangseng: 18390 +76 Dow: 39056 +172 S&P 500: 5188 -0.03 Nasdaq: 16302 -30 USD / INR: 83.47 Brent Crude: 83.80 GOLD: 2316 FII Net (08-05-2024): -6669 DII Net (08-05-2024): +5929 Global Indices GIFT Nifty: 22393 +5 Hangseng: 18390 +76 Dow: 39056 +172 S&P 500: 5188 -0.03 Nasdaq: 16302 -30 USD / INR: 83.47 Brent Crude: 83.80 GOLD: 2316 FII Net (08-05-2024): -6669 DII Net (08-05-2024): +5929

Global Indices GIFT Nifty: 22393 +5Hangseng: 18390 +76Dow: 39056 +172S&P 500: 5188 -0.03Nasdaq: 16302 -30USD / INR: 83.47Brent Crude: 83.80GOLD:...

May 8, 2024
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RVNL; Co has received Letter of Acceptance from SER HQ ELECTRICAL/SOUTH EASTERN RAILWAY for “Design, Supply, Erection, Testing and Commissioning for upgradation of Electric traction system from 1 x 25 KV to 2 x 25 KV traction system for Rajkharsawan -Nayagarh- Bolani section of Chakradharpur division of South Eastern Railway to meet 3000 MT loading target” COST OF ORDER; 167.3CR RVNL; Co has received Letter of Acceptance from SER HQ ELECTRICAL/SOUTH EASTERN RAILWAY for “Design, Supply, Erection, Testing and Commissioning for upgradation of Electric traction system from 1 x 25 KV to 2 x 25 KV traction system for Rajkharsawan -Nayagarh- Bolani section of Chakradharpur division of South Eastern Railway to meet 3000 MT loading target” COST OF ORDER; 167.3CR

RVNL; Co has received Letter of Acceptance from SER HQ ELECTRICAL/SOUTH EASTERN RAILWAY for “Design, Supply, Erection, Testing and Commissioning...

May 8, 2024
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US Economic Event • Crude Oil Inventories: Actual -1.362M Forecast -1.430M Previous 7.265M • Cushing Crude Oil Inventories: Actual 1.880M Previous 1.089M US Economic Event • Crude Oil Inventories: Actual -1.362M Forecast -1.430M Previous 7.265M • Cushing Crude Oil Inventories: Actual 1.880M Previous 1.089M

US Economic Event • Crude Oil Inventories: Actual -1.362M Forecast -1.430M Previous 7.265M• Cushing Crude Oil Inventories: Actual 1.880M Previous...

May 8, 2024
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Veritaas Advertising IPO opens May 13-15, 2024! Price: Rs 109-114/share. Retail lot: 1200 shares. HNI lot: 2 lots (2400 shares). Invest now! Allotment: May 16, 2024. Listing: May 21, 2024 Veritaas Advertising IPO opens May 13-15, 2024! Price: Rs 109-114/share. Retail lot: 1200 shares. HNI lot: 2 lots (2400 shares). Invest now! Allotment: May 16, 2024. Listing: May 21, 2024

Veritaas Advertising IPO opens May 13-15, 2024! Price: Rs 109-114/share. Retail lot: 1200 shares. HNI lot: 2 lots (2400 shares)....

May 8, 2024
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MARKET UPDATES

FMCG companies move fast on volume growth while rural beats urbanVolume growth seems to be the latest mantra in the...