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Nykaa Shares in Focus: Motilal Oswal Cautious on Valuations; Maintains Neutral — Check Target Price
Motilal Oswal believes that beauty remains Nykaa's key value driver, benefiting from premiumisation, rising online penetration, omnichannel expansion and scaling owned brands such as Dot & Key.
Stocks in news: IFCI, Tata Motors, General Insurance Corp, Corona Remedies, HFCL
Markets extended their winning streak for the fourth consecutive session, driven by favorable global cues and sustained sector-wide buying. The Nifty reclaimed the 24,000 mark, approaching the 100-day EMA near 24,150. Stocks like IFCI, Tata Motors, and HFCL are in focus due to significant news developments, including IPO filings, turnaround projections, and major order wins.
Natural gas prices rebound as inventories tighten, LNG exports rise: Motilal Oswal
Natural gas prices are climbing back up. This recovery is driven by lower stored gas, increased power sector use, and more US liquefied natural gas exports. Future growth is expected as new export facilities come online. Data centers are also becoming a new source of demand. The market is seeing a significant shift.
Motilal Oswal bullish on online travel portals
Motilal Oswal Financial Services has initiated coverage on online travel platforms Le Travenues Technology (Ixigo) and Yatra Online with a buy rating, while reiterating a buy on TBO Tek citing a structural uptrend in domestic travel and potential earnings growth as key drivers.
Motilal Oswal sees up to 30% upside in these three travel stocks; Here's why
The brokerage reaffirmed its 'Buy' recommendation on TBO Tek, while initiating coverage on Ixigo and Yatra Online with positive ratings.
Rs 8L cr richer! Sensex zooms 1,100 pts, Nifty tops 24K. US-Iran truce among 5 drivers behind bull run
Indian equities experienced a robust start to the week, with the Sensex and Nifty surging over 1.5% each. This rally was fueled by an Iran-US peace framework and declining oil prices, mirroring positive global market trends. The significant gains boosted the total market capitalization of BSE-listed companies by nearly Rs 8 lakh crore.
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Sensex jumps over 1,100 points, Nifty nears 24,000 as US-Iran peace deal sparks global rally - Firstpost
Sensex jumps over 1,100 points, Nifty nears 24,000 as US-Iran peace deal sparks global rallyFirstpost
Stable crude, strong metal demand and El Nino plays drive opportunities: Motilal Oswal's Khemka
Siddhartha Khemka, Head of Research-Wealth Management at Motilal Oswal Financial Services, says easing geopolitical tensions could keep crude oil prices stable, supporting oil marketing companies. He remains positive on GNG Electronics due to strong growth prospects in refurbished electronics and prefers Hindalco among aluminium stocks, citing a multi-year demand cycle. Khemka also sees long-term value in Manappuram Finance and believes Voltas and Varun Beverages could benefit from a potential El Niño-led heatwave.
Privi Speciality in Focus: Motilal Oswal Remains Bullish on Strong Growth Story — Check Target Price
The upcoming mergers with Privi Fine Science, Privi BiotechnologiesL and PRIGIV JV with Givaudaare expected to expand Privi's specialty aroma portfolio, which is expected to drive revenue growth, enhance earnings.
ICICI Prudential Mutual Fund raises stake in Travel Food Services, shares rise
ICICI Prudential Mutual Fund has announced the acquisition of an additional stake in Travel Food Services, increasing its total shareholding in the company to above 5%.
ICICI Lombard: AI Integration Lifts Growth Outlook — Buy, Sell or Hold? Read Motilal Oswal's Analysis
Leadership in motor insurance, accelerating momentum in retail health, expanding distribution capabilities, growing AI integration and a strong balance sheet remains ICICI Lombard's key growth drivers.
Trade Setup For June 10: Nifty Finds Support Near 23,100 Amid Mixed Global Cues; GIFT Nifty Signals Red Start
GIFT Nifty is signalling a gap-down start on Wednesday.