Pre-Budget picks: Kunal Bothra bullish on Ujjivan Finance, Hero MotoCorp next week
Multi-month, multi-year breakouts likely in DLF, Godrej Properties, Sobha Realty. Next week could also be good for largecap FMCG names like HUL and Britannia. Even Marico could do well, says Kunal Bothra, kunalbothra.co.in. Excerpts from an interview with ETNOW.
Market Movers: Damani boost to Spencer's, RJ cuts stake in Escorts; airline stocks slip
The broader market performed better, as smallcaps end...
Share market update: Metal shares shine; Welspun Corp climbs 3%
The Nifty Metal index was trading 0.71 per cent up at 2776.4 .
Power generation to be termed manufacturing, pay 15 per cent corp tax
As part of efforts to incentivise the power sector and make its operations viable, the government is looking to extend the benefit of lower corporate tax to electricity generating units by qualifying their activity as manufacturing.
DB Corp posts 7.9% rise in Q3 profit at Rs 81.63 crore
Revenue from operations during the quarter under consideration stood at Rs 598.75 crore.
Welspun Corp a good buy on likely special dividend
The brokerage has set a price target of Rs 222, valuing the stock at 5 times EV/EBITDA based on FY21 earnings.
If the Budget gives what the market wants, these stocks may skyrocket
Finance Minister Nirmala Sitharaman will present the Budget on February 1, Saturday.
Share market update: Metal shares decline; Welspun Corp slips 4%
The Nifty Metal index was trading 0.29 per cent down at 2856.40.
Be prepared for all contingencies, Army chief tells troops during maiden LoC visit
Accompanied by General-officer-commanding, Northern Command, Lt Gen Ranbir Singh, Army chief visited troops along the LoC to review the prevailing situation and operational readiness of the units of Jammu-based White Knight Corps. Gen Naravane was briefed by General Officer Commanding, White Knight Corps, Lt Gen Harsha Gupta and some commanders.
Share market update: Media shares mixed; ZEEL slumps over 5%
The Nifty Media index was trading 1.33 per cent down at 1883.55.
What changed for D-Street while you were sleeping
Net-net, foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 176 crore on Wednesday, data available with NSE suggested. DIIs were net sellers to the tune of Rs 326 crore, data suggests.
Festive sales to trim YoY auto revenue fall
Revenue of automakers, excluding Tata Motors, is expected to fall in low single digits, research reports show.
Auto firms’ sales drop may ease in Q3, margins set to stay muted
Revenue of automakers, excluding Tata Motors, is expected to decline in low single digits.
J&K kids nationalists, sometimes they're motivated in wrong direction: Rajnath
The children of Jammu and Kashmir are nationalists, but they are sometimes being motivated in the wrong direction, Defence Minister Rajnath Singh said on Wednesday.
India Nivesh maintains buy on Delta Corp, target price Rs 268
Shares of Delta Corp closed at Rs 198, down 0.8%.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service