indian stock market

 

ver a dozen companies in the Indian equity markets have seen their stock price more than double following an over 20 per cent recovery in benchmark indices from their March lows. Private sector lender IndusInd Bank, fast moving consumer goods (FMCG) companies KRBL, Heritage Foods, and Parag Milk Foods and agrochemicals firm Insecticides India are among the 16 stocks that have rallied more than 100 per cent from their respective March 2020 lows. The list also includes four pharmaceutical stocks- Morepen Laboratories, Necter Lifesciences, Marksans Pharma and Unichem Laboratories. The S&P BSE Sensex and the S&P BSE Allcap index have gained 23 per cent and 24 per cent, from their respective March 23, 2020 low levels. Besides these stocks, a total of 250 stocks from the Allcap index have rallied between 50 per cent and 100 per cent from their previous month lows. The index accounts for 95 per cent of the total market capitialisation of the BSE-listed companies. Earlier, most of t

lucky 7:  fundamentally-strong-stocks-for-your-portfolio-5103611.html for your portfolio In the interim we may see values dip sharply again and again based on over discounting of fundamental deterioration or technical reasons like large selling by FPIs due to risk aversion https://www.moneycontrol.com/news/business/markets/lucky-7-hdfc-securities-picks-fundamentally-strong-stocks-for-your-portfolio-5103611.html

among the lot, the highest quantum of promoter buying was seen in Tata Group companies that includes Tata Chemicals, Tata Steel, Indian Hotels, Tata Motors, Tata Power and Tata Consumer Deepak Korgaonkar and Puneet Wadhwa  |   Mumbai / New Delhi      March 30, 2020  Last Updated at 11:11 IST he 40 per cent correction in benchmark indices from their January 2020 peak has prompted promoters of companies to buy/raise their stake in group companies. According disclosures made by the companies to stock exchange, promoters of 277 firms large as well as mid-and small-sized companies bought 267 million equity shares worth of Rs 3,745 crore in the month March alone via open market purchase. Indian markets have seen an unprecedented correction over the last two months with the Nifty50 and S&P BSE Sensex corrected 40 per cent and 39 per cent from their respective all-time highs touched on January 20, 2020. The benchmark indices slipped 23 per cent thus far in the current month. Las

The Union Budget 2020 failed to meet the sky-high expectations of Dalal Street. But a series of moves to address issues in the agriculture, infrastructure and financial sectors in a bid to revive growth in the economy are going to create conditions for some businesses to flourish. Analysts said a handful of stocks are set to draw large benefits from the Budget as the government continues to remain generous with the rural economy with several proposals to increase farm income, which can  .. In her Budget speech, Finance Minister Nirmala Sitharaman reiterated the government commitment to double farm income by 2022, and proposed to liberalise the agriculture sector. She unveiled a bundle of schemes, including higher crop insurance coverage, a robust warehouse and cold chain infrastructure to ensure better storage of farm produce, and another scheme called Kisan Rail in PPP mode to facilitate faster movement of perishable goods. “ The government set aside Rs 2.83 lakh crore for agricu

analytics, and related fields. We have collated a list of stocks from various experts that are likely to benefit the most from the Budget 2020: Expert: Gaurav Garg, Head of Research, CapitalVia Global Research Relaxo , Bata India, Bajaj Electricals , Whirlpool of India , Symphony , Blue Star : Due to the hike in customs duties on small applianc Apollo Hospital , Biocon , Ajanta Pharma , Dr Lal PathLab : The government provided Rs. 69,000 crore for the healthcare sector for FY2021 (including the Rs. 6,400 crores for Pradhan Mantri Jan Aarogya Yojana). The Budget also proposed to set up a Viability Gap funding window for setting up hospitals in the PPP mode. In the first phase, those Aspirational Districts will be covered, where presently there are no Ayushman Bharat empanelled hospitals. Adani Ports and Special Economic Zone Ltd , GMR Infrastructure Ltd , Larsen & Toubro : National Infrastructure Pipeline receives Rs. 22,000 crore equity support for infrastructure

Contribution of regional content fell from 34 percent to 23 percent year-on-year on account of poor performance of Tamil and Telugu content. Maryam Farooqui @farooqui_maryam