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On valuation terms, infra stocks are in a better position compared to capital goods, as indicated above. While capital goods are currently trading at an all-time high, one-year forward 40x P/E. However, such premium valuations are bound to stay due to an optimistic outlook. Continue Reading »
Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities, recommends buying these three shares on June 18 - Piramal Pharma, Nykaa and Container Corporation of India. Continue Reading »
Ahead of listing, the shares of ixigo IPO are trading at a premium of ₹29 in the grey market premium (GMP), as per investorgain.com. This indicates that Ixigo's equity shares are trading ₹29 higher than their issue price of ₹93 per share in the grey market. Continue Reading »
For day trading stocks, Ganesh Dongre, Senior Manager — Technical Research at Anand Rathi recommends three shares to buy today — Birla Corporation Ltd, HCL Tech and GMM Pfaudler Ltd. Continue Reading »
During the period, the BSE benchmark Sensex rose by 299.41 points or 0.39 per cent, reaching an all-time high of 77,145.46 on June 13.v Continue Reading »
Gold And Silver Prices Today:Gold And Silver Prices Today : 10 gm of 24 carat gold was at Rs.74166.0 in Delhi whereas 1 kg of silver was Rs.88010.0 in Delhi. Continue Reading »
Around 24 companies are in-line to hit the primary market in the next few months to collectively raise over ₹30,000 crore from IPOs, according to Mahavir Lunawat, Managing Director, Pantomath Capital Advisors Pvt. Ltd. - A Leading Mid-Market Investment Bank. Continue Reading »