By Kiran Jani The cement sector, which has been on a downward trend for the past nine months, is finally showing signs of recovery. With prices stabilizing and the broader market improving, certain stocks are starting to indicate potential for a turnaround. Ambuja Cement and ACC In particular, these two stocks have formed reversal patterns
The brokerage firm Kotak Institutional Equities has highlighted three key stocks as top buy recommendations at this hour, highlighting strong growth potential in the pharmaceutical and AI-driven sectors. With a shift in global trends favoring Indian CRDMOs (Contract Research, Development & Manufacturing Organizations) and technological advancements in AI, the brokerage has given a buy rating
Aditya Birla Capital is one of Macquarie’s top picks and they expect the share price to double in 3 years. According to Macquarie, the company’s “rising margins driven by falling rates, growth in higher yielding unsecured loans, and falling credit costs leading to higher return on assets,” are some of the key catalysts for the
The US government has announced tariff duty of 25% on all imported cars and key auto components from April 2 and collections starting from April 3. CLSA lists out Tata Motors, Bharat Forge, Sona BLW and Samvardhana Motherson as key stocks to watch on the back of exports linked to the US, either made in
The Indian stock market closed on a positive note on March 27, with benchmark indices rallying as financial stocks took the lead. The BSE Sensex gained 317.93 points, or 0.41%, to settle at 77,606.43, while the NSE Nifty 50 climbed 105.10 points, or 0.45%, to close at 23,591.95. The Bank Nifty also saw an uptick
With the record date just a day away, TVS Holdings is back in the spotlight on the back of its dividend payout announcement. The Chennai based investment company has declared an interim dividend of Rs 93 per share, translating to a whopping 1,860% payout on its 2.02 crore equity shares with a face value of
The auto stocks continue to be in focus given the uncertainty after the 25% tariff announcement by US President Donald Trump. In this situation, the question is what made the brokerage house Nuvama Institutional Equities expect the wholesale growth in tractors, 2-wheelers, and passenger vehicles to outperform that of commercial vehicles. Nuvama picked TVS, M&M
The Central Depository Services (CDSL), India’s largest securities depository, is having a rough ride in 2025. The stock has plunged 35% year-to-date (YTD), leaving investors worried about what’s driving this sharp fall. Despite playing a key role in the capital markets by enabling the holding and transfer of securities in dematerialised form, CDSL’s share price
Capital markets regulator SEBI barred five individuals from the securities markets for one year and directed them to impound illegal gains of nearly Rs 1.53 crore made from their front-running activities.The regulator also imposed a penalty of Rs 10 lakh on Nikhil Khaitan, Rs 5 lakh on Om Prakash Khaitan, Manju Khaitan, Neha Khaitan, and
In a testament to India’s burgeoning luxury real estate market, there has been an unprecedented surge in ultra-luxury residential sales. Over the past three years, a staggering 49 ultra luxury homes, each commanding a price tag of Rs 100 crore or more, have changed hands in the country’s premier metropolitan hubs of Mumbai and Delhi-NCR
The Reserve Bank of India (RBI) is likely to go for a rate cut in its April MPC meeting, which may prompt banks to lower the interest rates on their fixed deposits further. It may be noted that some of the banks and financial institutions have already reduced their FD rates following the 25 bps
In a recent Twitter post Elon Musk announced that “xAI has acquired X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt).” Musk had bought Twitter/X for $44 billion in 2022. Therefore, for all practical purposes, there is a clear loss of over $11
As the financial year FY26 begins, the last trading session of FY25 comes with a festive pause. Indian stock markets will remain closed on Monday, (March 31), on account of Eid-Ul-Fitr (Ramzan Id). This marks an extended break for investors, with trading resuming on Tuesday, April 1. No trading on BSE, NSE on March 31
