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Charting Trends | #Nifty can hit 19,000 in Dec & #BuyOnDips could work well, says Rahul Sharma of JM Fin Svcs. Bets on #Midcap stocks like AB Fashion & @concor_india, and Balrampur Chini & @AngelOne in the #SmallCap space. @_prashantnair, @Nigel__Dsouza & @reematendulkar
#MarketHeadline * Indices open at life highs & hold on to gains * Kotak Institutional Equities downgrades #LaurusLabs to a sell * #NBCC stock trades higher after the company wins two orders worth ₹ 271 cr * NDTV promoter #RRPR to issue 99.5% equity to VCPL
[email protected]' lenders have filed a response in the National Company Law Tribunal regarding @JalanKalrock Consortium's, winning bidder for #JetAirways, claim of having met all conditions for the takeover of the airline. @_ritusingh reports.
Charting Trends | Catch Rahul Sharma of JM Financial Services in a conversation with @_prashantnair, @Nigel__Dsouza & @reematendulkar as he discusses and lays out the #market picture with a technical lens.
Business Outlook | We were growing at 20% but we are growing slower now, says George Alexander Muthoot, MD at @TheMuthootGroup. Tells @_prashantnair, @Nigel__Dsouza & @reematendulkar that they expect #AUM growth of nearly 10% in the second half of the year. #loans #finance
Standout Brokerage Reports | #Kotak Institutional Equities downgrades Laurus Labs to Sell with a target of Rs 350. They Believe co's troubles on ARV pricing & looming cessation of Paxlovid sales are being under-appreciated. @nimeshscnbc with today's #StandoutBrokerageReport
#Momentumisers | #MSTC is the stock in focus after it closed at upper circuit yesterday and has surged 23% in the last three trading sessions itself. @VivekIyer72 gets us today's #momentumiser stock
Global Outlook | #US may see 10-15% earnings downgrades, says Rana Gupta of Bank Manulife Investment Management. Tells @_prashantnair, @Nigel__Dsouza & @reematendulkar that they are positive on industrials & banking in India, especially large cap #banks.
#Nifty could be heading for some consolidation, but broader market's recent outperformance needs to be tracked. @Nigel__DSouza with all the cues.
- S&P 500 down 1.54% - S&P e-mini futures saw a bearish outside day - Dollar Index saw a bullish outside day - China COVID situation top of minds - New high on Nifty at 18,614 - Supports come in around 18,420 @_prashantnair with the trading set-up.
CNBC-TV18 pays tribute to India's Big Bull - Rakesh Jhunjhunwala Watch Ramesh Damani talk to Bhaskar Bhat, Utpal Sheth, Amit Goela, & Berjis Desai @nimeshscnbc #cnbctv18market
"We are completely focused on fluorination & new projects will improve margins," Radhesh Welling (@wellingr) tells @sonalbhutra as she takes a deep dive into Navin Fluorine
"We have big expansion plans in place, the focus is to ensure that we double the business every 3-4 years," Radhesh Welling (@wellingr) tells @sonalbhutra as she takes a deep dive into Navin Fluorine
- #Nifty sees new highs after 13 months ! - Saw 4 falls ranging from 7% to 16% - 26 Nifty stocks < Oct-21 level - YTD: Nifty -2.5% vs SPX -16% - MSCI India PE 22.5x vs EMs 11.3x @_prashantnair explains.
The Market Outlook | #Indian economy relatively resilient amid global turmoil, says Jitendra Gohil of @CreditSuisse. Tells @Reematendulkar @prashantnair & @Nigel__Dsouza that #China's growth could remain weak due to a slump in #real estate. #ClosingBell #economy #GDP #growth
Dealing Room Check | Market at all time highs backed by institutional buying. @nimeshscnbc gets all the chatter from the dealing rooms and tells us why stocks like #AmiOrganics, #RVNL, @birlasoft & #Syngene are buzzing in trade today
#2QWithCNBCTV18 | Dollar Industries posted a weak set of #Q2 earnings. MD, Vinod Kumar Gupta tells @ekta_batra & @sonalbhutra that they expect #revenue growth of 14-15% in FY23.