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NTPC Ltd eases for fifth straight session
NTPC Ltd is quoting at Rs 346.75, down 0.56% on the day as on 13:19 IST on the NSE. The stock jumped 1.55% in last one year as compared to a 5.14% slide in NIFTY and a 6.91% spurt in the Nifty Energy index.
CESC Ltd drops for fifth straight session
CESC Ltd is quoting at Rs 163.1, down 0.42% on the day as on 13:19 IST on the NSE. The stock is up for a third straight session in a row in last one year as compared to a 5.14% up 0.6%. in NIFTY and a 6.91% down 0.74% in the Nifty Energy index.
Torrent Power Ltd spurts 1.08%, gains for third straight session
Torrent Power Ltd is quoting at Rs 1416.1, up 1.08% on the day as on 12:49 IST on the NSE. The stock is down 0.74% in last one year as compared to a 5.2% spurt in NIFTY and a 6.87% spurt in the Nifty Energy index.
Banks and insurance are the bright spots, says Quantum AMC's Christy Mathai
Christy Mathai, Fund Manager at Quantum AMC, says most companies' input cost pressures will show up in quarter two rather than quarter one, as firms are still using cheaper stockpiled materials to protect margins. He expects a broader earnings recovery from the second half of the year, provided tensions in West Asia don't escalate further. Mathai is upbeat on private banks and life insurance, cautiously positive on select pharma names with US exposure, but is steering clear of chemical and defence stocks over stretched valuations. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Nifty 50 companies set for strongest revenue growth in 3 years, but margins to come under pressure
The top-line growth is expected to be driven largely by higher commodity prices, selective price hikes and a favourable base, but higher input costs are set to squeeze margins and keep profit growth muted.
Ather Energy shares rally 270% in one year, but Nomura sees 22% more upside. Here’s why
Nomura increased Ather Energy's target price, expecting electric two-wheeler trends to accelerate. The brokerage sees Ather as a top pick to benefit from this EV momentum. New affordable scooter launches and a new plant will address a key market segment. Revenue growth is projected at 54% and 57% for FY27 and FY28. EBITDA is expected to improve, with PAT breakeven anticipated in FY29.
Stocks to buy or sell: Osho Krishan of Angel One suggests buying LIC, Titan Company shares on 9 July - livemint.com
Stocks to buy or sell: Osho Krishan of Angel One suggests buying LIC, Titan Company shares on 9 Julylivemint.com
Cochin Shipyard among 5 F&O stocks with a sharp rise in futures open interest
Lodha Developers, Tata Elxsi, ABB India, Angel One and Cochin Shipyard saw futures open interest jump over 5% on July 8, signalling fresh positions and heightened trading activity.
India Retains IMF Tag As Fastest-Growing Major Economy, Set To Outpace China, US By Wide Margin
India's economy is projected to expand at more than double the pace of China and nearly three times that of the United States in FY26, as the country's growth engine withstands the twin shocks of the Middle East war and the global technology cycle, the International Monetary Fund said.
TCS, Infosys crash up to 55%: Why India's largest mutual fund scheme is still buying
India's largest mutual fund scheme is buying more shares of TCS and Infosys. This buying occurs even as these IT stocks experience significant market value losses. The fund manager's conviction rests on current cash flows rather than future AI narratives. While AI disruption pressures revenue, it also creates new technology spending opportunities. The sector is no longer considered expensive, but earnings visibility remains a concern.
Demat account additions pick up on D-Street rebound
India added over 2.5 million demat accounts in June, the highest since February. This growth occurred as key market indices Nifty 50 and Sensex advanced significantly. Improved market sentiment followed the easing of geopolitical concerns and potential IPO announcements. Broader market participation and digital onboarding are attracting new retail investors. Future demat account growth will depend on Indian market performance and investor confidence.
India's mutual fund industry just beat FIIs in a historic first. Here's what changed
India's mutual fund industry has overtaken foreign institutional investors in total assets under custody for the first time, marking a historic shift in market ownership. Strong SIP inflows and sustained domestic participation have driven the milestone, even as FII holdings declined amid continued selling and changing global investment trends.