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Urban consumption, small caps remain top bets despite monsoon concerns: Quest Investment Advisors
Rakesh Vyas, CIO and Portfolio Manager at Quest Investment Advisors, remains positive on urban consumption, saying strong retail credit growth, tax benefits and rising disposable incomes continue to support discretionary spending despite monsoon concerns. He expects select small-cap stocks to deliver 6-7% alpha through strong earnings growth and sees Eternal as a key beneficiary of improving quick-commerce profitability. Vyas has also increased exposure to mid-sized IT firms, citing attractive valuations and long-term growth prospects.
Lower crude may not mean cheaper fuel immediately: NIPFP economist
Global crude oil prices may fall after Middle East peace efforts. However, fuel prices in India might not decrease immediately. Oil companies face pressure, and lower crude prices could offer them relief. A peace deal would benefit India's economy and potentially strengthen the rupee. India's long-term growth remains strong, driven by its young population and government initiatives.
Yes Bank shares rally 15% in 4 sessions. What are technicals suggesting for traders?
Yes Bank shares extended gains for a fourth straight session, rising as much as 6.5%. Technical indicators and improving sentiment supported momentum. Analysts highlighted a key resistance near Rs 26, aligned with long-term moving averages, while fundamentals strengthened through a partnership with Northern Arc Capital and improved quarterly earnings performance.
Four dividend stocks for the long-term - Mint
Four dividend stocks for the long-termMint
CarTrade Tech shares surge 12% in two days after launching new used-car platform
CarTrade Tech shares rallied after the company launched CarTrade Used Auto, a new platform targeting India’s fragmented used-car market. Integrating CarWale and OLX India, the initiative spans buying, selling, financing and ownership transfer, while leveraging AI tools and tapping into the sector’s long-term growth opportunity.
Deven Choksey prefers mid-tier IT, Mumbai luxury real estate
Deven Choksey, MD, DRChoksey Finserv, prefers mid-tier IT companies for their potential to deliver 15-20% growth over the next three years, outperforming larger peers. In real estate, he favours select luxury and ultra-luxury developers, especially Mumbai-focused players with stronger realisations and higher revenue per square foot. While he remains positive on the long-term prospects of EMS companies due to strong order inflows and expansion plans, he advises caution because of elevated valuations and recommends investing only in select companies with reasonable earnings multiples. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Infosys rises after partnering with Valmet to modernize IT operations through AI
Infosys rose 1.09% to Rs 1,156.10 after the company announced a strategic, long-term collaboration with Valmet, a global technology leader serving process industries.
Blue Star: Nirmal Bang Maintains Buy on Strong Fundamentals, Long-Term Growth Drivers— Check Target Price
Blue Star's shares are likely to be in focus after Nirmal Bang reiterated its Buy' rating on the stock, citing strong fundamentals and long-term growth visibility.
Aluminum Rises as Traders Weigh Chinese Output, Mideast Supply
Aluminum edged higher as investors assessed the potential for long-term supply limitations despite booming Chinese production and the possible return of Middle East smelters to the global market.
Foreign investors may bet big on Indian stocks after regulatory clarity emerges
India has opened its stock markets to direct investment by foreign individuals, aiming to broaden capital sources beyond FPIs. While a long-term positive, initial inflows are expected to be slow due to operational, tax, and compliance hurdles for offshore investors navigating new procedures.
Nifty outlook for June 17: Bulls retain control amidst resistance at 24,000
The Nifty struggled to cross the immediate resistance zone of 24,000-24,100 for most of the day. However, analysts say that a sustained move above the 24,000-24,100 zone could pave the way for a rally towards 24,500 in the near term.
P&G India flags pressure on consumer demand, input costs
Procter and Gamble India sees rising costs and softening urban demand, with company executives saying inflation will impact consumer spending. However, despite near-term challenges, P&G maintains a positive long-term outlook for India.