Equitymaster

2023-04-20 06:07:22 Stock Market Update - SGX Nifty Up 30 Points | NMDC Explores Lithium Reserves in Australia | JK Tyre's Capacity Expansion | Top Buzzing Stocks Today

Top cues to track in today's stock market session.

http://www.eqtm.in/Fk52P Open / Comment

2023-04-20 04:52:46 Dow Jones trades in the range for straight fourth day; the breakout of 33,500-34,300 either side can accelerate the momentum.

Nifty tested the support zone of 17,570 yesterday and managed to close above 17,600.
On weekly expiry today, 17,500-17,570 may act as a major support while 17,719-17,737 may act as intraday resistance.

On BankNifty, with negative biased and psychological level of 42,000, index is likely to hold 41,800-42,000 zone while 42,500 will be resistance.
HDFC Bank and ICICI Bank trending with negative biased while Axis Bank and Kotak Bank trending bullish signals a mix view on index.

#PreMarket
#SGXNifty Open / Comment

2023-04-19 16:00:15 Top 5 Logistics Companies in India by Growth

The Indian government’s large-scale infrastructure spends directly impact the logistics sector. Watch out for these high growth logistics stocks that are primary beneficiaries.

Top Logistics Stocks

Here’s an extract…

In India, the government is investing heavily to expand its road, rail, and port connectivity.

With initiatives such as goods and service tax (GST) and National Logistics Policy (NLP), it further aims to strengthen supply chains across the country.

This bodes well for the organised logistics companies. India is one of the top alternatives to China and the demand for logistics is set to grow dramatically.

Read on to know more about the top stocks in this space…

http://www.eqtm.in/Tj65H Open / Comment

2023-04-19 15:22:34 3 Dividend Stocks for Passive Income

If you’re looking for passive income from dividends, here are three stocks to consider.

Passive Income From Dividend Stocks

Here’s an extract…

One of the big reasons why retail investors kept faith in the market is the steady passive income they have received from dividends.

Dividend stocks have provided stability to their portfolios which in turn has helped bring in more money into the market.

This has proven to investors once again why dividends are so important in a volatile market. They provide investors with a steady passive income and a moderate return on their investment.

Read on to know more…

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2023-04-19 15:00:32 Ace Investor Ashish Kacholia Raises Stake in this Multibagger Stock that Surged 6,820% in the Past Three Years

Here’s why Ashish Kacholia bets big on this multibagger electric retail chain company in the March 2023 quarter.

Kacholia Doubles Down on Multibagger Stock

Here’s an extract…

Ashish Kacholia is known for identifying the best multibagger stocks. He is known as the 'Big Whale' of the Indian stock market.

Over the years, he has picked the best multibagger stocks by looking at the fastest-growing companies from the midcap and smallcap space.

The ace investor increased his stake in the multibagger electric retail chain during the March 2023 quarter.

Read on to know more…

http://www.eqtm.in/b2XYe Open / Comment

2023-04-19 14:05:45 Stock Market Update - Sensex Today Ends 159 Points Lower | HCL Tech Slips 3% | PSU Bank & Metal Stocks Witness Selling

Indian share markets end lower. The Sensex fell 159 points while the Nifty ended lower by 41 points.

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2023-04-19 10:20:45 Ace Investor Vijay Kedia Raises Stake in This Multibagger Auto Ancillary Stock

Here's why the investor increased his stake in the company after paring it in the December 2022 quarter.

http://www.eqtm.in/Pp2e7 Open / Comment

2023-04-19 09:52:01 What Infosys and HDFC Bank Results Don't Tell You

Even a genius mathematician had once been a victim of such market volatility.

Infosys and HDFC Bank Results

Here’s an extract…

Tanushree on these two stocks going forward. Here’s an extract…

Infosys failed to meet its own guidance, despite a reasonable earnings growth at 15.4% for the year. Analysts tracking quarterly numbers were disappointed. And the stock was taken to the cleaners.

What the results did not say was that such earnings volatility has been a part of Infosys’ track record for decades.

And the sharp correction in the PE multiples have been a great opportunity to accumulate the stock. But only if investors have a long-term perspective.
Similar is the case with HDFC Bank.

Read on to know more…

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2023-04-19 09:40:14

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2023-04-19 08:19:38 Stock Market Update -Sensex Today Trades Lower, Nifty Below 17,650 | ICICI Lombard Slips 2% | Infosys & HCL Tech Among Top Losers

Indian share markets are trading on a negative note with the Sensex down by 130 points, while the Nifty is trading lower by 30 points.

http://www.eqtm.in/Js8y9 Open / Comment