#Largecap Shares

[filmiduniyaorg]

इन 5 लार्जकैप फंड में जिसने लगाया पैसा, उसकी हुई पौ बारह पच्‍चीस, रिटर्न जानकर आप कहेंगे- मैं पीछे रह गया

भारत 22 ईटीएफ का नाम छप्‍परफाड़ रिटर्न देने के मामले में पहले नंबर पर है. एक साल में इस फंड ने 36 फीसदी रिटर्न निवेशकों को दिया है. इस फंड ने आईटीसी, लार्सन एंड टुब्रो, एक्सिस बैंक, एनटीपीसी, एसबीआई और एक्सिस बैंक जैसी बड़ी कंपनियों में निवेश किया है. आप इस फंड में पांच हजार रुपये से निवेश शुरू कर सकते हैं

[hisureshkumar]

10 Largecap Mutual Funds offered maximum returns in 5 years

Investing in equity has historically provided investors with the potential for attractive returns over the medium to long term. Despite recent volatility in the Nifty 50 index over the past 2-3 years, it has still delivered a whopping 85% return over a 5-year period. If you're seeking stable returns within a medium-term horizon, investing in large-cap mutual funds can be a rewarding choice. In this article, we will provide you to 10 large-cap mutual funds that have consistently delivered strong returns over the last 5 years and share insights into their performance in terms of rolling returns.

How we have selected these funds?

We've short listed the top 10 large-cap funds that have generated the highest returns, regardless of their Assets Under Management (AUM). This selection process is straightforward based on the highest returns and can be replicated by anyone using financial websites like Moneycontrol or ValueResearchOnline.

List of 10 Large-cap Mutual Funds Offering Maximum Returns in 5 Years

Scheme Name 1Y 2Y 3Y 5Y 10Y Canara Robeco Bluechip Equity Fund 11% 5% 17% 17% 16% Baroda BNP Paribas Large Cap Fund 13% 7% 18% 16% 16% Edelweiss Large Cap Fund 16% 8% 19% 16% 15% Kotak Bluechip Fund 12% 5% 18% 16% 15% Nippon India Large Cap Fund 19% 13% 26% 16% 18% ICICI Prudential Bluechip Fund 16% 9% 21% 15% 16% Invesco India Largecap Fund 14% 4% 18% 15% 16% SBI Blue Chip Fund 12% 6% 19% 15% 16% Tata Large Cap Fund 12% 5% 19% 15% 14% HDFC Top 100 Fund 17% 11% 23% 14% 15%

Key Observations from the Top-performing Large-cap Funds in the Last 5 Years

Despite Nifty 100 delivering an annualized return of 12.4% over the last 5 years, these 10 large-cap funds have outperformed, generating over 14% returns. Even when compared to Nifty 50, which provided an annualized return of 12.9% over the same period, these large-cap funds have shown superior performance. The majority of these large-cap funds have performed well over a medium to long-term horizon, delivering returns between 14% and 16% over the last 5 to 10 years. Patience is crucial here. Investors should invest consistently through SIP (Systematic Investment Plan) in mutual funds, irrespective of market conditions, to benefit from the power of compounding and consistent returns. While some of these funds have performed extremely well in the medium to long term, they may have generated lower returns (around 5%) over the past 2-3 years. It's important to note that stock markets are generally volatile in the short term (1 to 3 years), whereas large-cap funds tend to perform well in the medium to long term. From a 3-year rolling perspective, all 10 large-cap funds, except for HDFC Top 100 Fund, have consistently generated positive returns. HDFC Top 100 Fund generated negative returns only 3% of the time. From a 5-year rolling perspective, these 10 large-cap funds have shown remarkable consistency, delivering positive returns over 99.2% of the time.

Key Takeaways:

Rather than chasing mutual funds solely based on their historical returns, prioritize your investments according to your financial goals and investment horizon. If you have a long-term objective and looking for stable returns, investing in these large-cap funds may be a good choice. If you are looking for high risk high returns mutual funds, you can check for small cap mutual funds. Look for consistency in mutual fund returns. Most of these funds have generated a remarkable track record, with positive returns for over 99% of the time, except for HDFC Top 100 Fund. Adopt a disciplined investment approach by investing in mutual funds through SIPs. Take advantage of market corrections that occur every 3 to 6 months. You can create 1 Crore mutual fund corpus with as low as Rs 5,000 SIP While expert recommendations or ChatGPT MF recommendations or Google Bard AI recommended mutual funds list can be a useful starting point, do your own research to find mutual funds that align with your investment style. Read the full article

[shahananasrin-blog]

[ad_1] Shares of NTPC jumped over 5% on the NSE to the day’s high of Rs 196.65 after Goldman Sach initiated coverage on the largecap PSU stock with a ‘Buy’ rating. The move triggered strong buying action with over 1 crore shares changing hands around 9:50 am.The multinational US-based brokerage has put a price target of Rs 265 on the power sector player, suggesting an upside of over 42% in the stock from the last close. The stock is trading near its 52-week high of Rs 197.75, which it hit on July 7.Momentum indicators RSI and MFI showed that the stock was trading in the mid-range of 50 and 67, respectively. A number above 70 indicates that the stock has entered the overbought zone.NTPC shares have outperformed the Nifty50 over a 12-month period and given returns of over 43% during this time versus 21% gains clocked by the 50-stock index.NTPC has been a low-beta stock, with a 1-year beta of 0.70, according to Trendlyne. However, over the last month, it has witnessed high volatility and traded at a beta of 1.17.The power sector major reported a 6% fall in its consolidated net profit to Rs 4,871 crore for the quarter ended March 31, 2023. It was Rs 5,199 crore in the same quarter of last year. Revenue from operations rose 19% to Rs 44,253 crore during the quarter under review. The same stood at Rs 37,085 crore in the corresponding quarter of the previous year.On a sequential basis, net profit for the quarter was flat as compared to Rs 4,854 crore reported in the same quarter last year. Revenues, however, fell marginally quarter-on-quarter from Rs 44,601 crore in the preceding December quarter.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) [ad_2]

[thunderrabby-blog]

tata steel share price: Hot Stocks: Brokerages on RIL, PolyCab India, Kajaria, Tata Steel and SAIL

tata steel share price: Hot Stocks: Brokerages on RIL, PolyCab India, Kajaria, Tata Steel and SAIL

Global brokerage firm JPMorgan has a positive view on Polycab India, , , etc. In the midcap space, Jefferies handpicks as its top pick and has a buy rating on from the largecap space. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on : Buy| Target Rs 3100Jefferies maintained a buy rating on Reliance Industries with a target price of Rs…

[digitalbhumi]

stock market performance in 2022

stock market performance in 2022

In the first 6 months of 2022, about 80 per cent of the broader market stocks have given negative returns. The biggest fall was in smallcap stocks. Stock Market Performance H1CY2022: There are just one more day left in the first half of the year 2022. From January 1 to June 29, there has been a big decline in the market. During this, there was a weakness of about 9 percent in the Sensex and…

[doonitedin]

Nykaa, IRCTC, Zomato, Policybazaar shares may become ‘largecap’ in AMFI semi-annual rejig; check full list

AMFI releases a semi-annual list of large caps, midcaps, and smallcap stocks, which is followed by mutual fund managers when reclassifying their portfolio. (Image: REUTERS) Newly listed internet giants such as Nykaa, Policybazaar, and Zomato could be among stocks that may be classified as large-caps in the next AMFI (Association of Mutual Funds in India) semi-annual rejig. Domestic brokerage and…

[sakettimes]

मार्च के पहले हफ्ते में चमके Small और Midcaps, 50 से ज्यादा शेयर 10-30 प्रतिशत तक उछले Small & Midcaps shine in the first week of March; over 50 stocks rose 10-30 percent

मार्च के पहले हफ्ते में चमके Small और Midcaps, 50 से ज्यादा शेयर 10-30 प्रतिशत तक उछले Small & Midcaps shine in the first week of March; over 50 stocks rose 10-30 percent

क्षितिज आनंद (KSHITIJ ANAND) भारतीय बाजारों में मार्च के पहले हफ्ते में उतार-चढ़ाव देखने को मिला लेकिन बुल्स ने नियंत्रण बनाये रखा और 5 मार्च को समाप्त हफ्ते में बेंचमार्क सूचकांकों ने 2.5 प्रतिशत की बढ़त बनाये रखी जबकि स्मॉल और मिडकैप्स शेयरों में बड़ा ऐक्शन देखने को मिला। 5 मार्च को समाप्त कारोबारी हफ्ते में S&P BSE Sensex में 2.6 प्रतिशत और Nifty50 में  2.8 प्रतिशत की तेजी देखने को मिली वहीं…

[finkompas]

Why should you invest in Blue Chip stocks?

Origin of the term “Blue Chip Stocks”

Mr. Oliver Gingold, an employee at Dow Jones company, first coined the term ‘Blue-Chip' in the year 1923-24.

Gingold noticed that many shares were trading at $200 or more as he was standing by the stock ticker of a brokerage firm. He returned to his office after noticing these high trading prices to write about “Blue-chip stocks”. He related all the high priced stocks with the blue chips which are of the highest value in the game of poker.

Originally, this connotation was only related to high-priced stocks but then later as time passed by, this term was broadly defined for high-quality stocks.

What are Blue Chip Stocks?

A blue-chip company is a well-recognized, well-established, and financially healthy company. This category of companies generally sells high-quality products and services to a large customer base.

A blue-chip holds the highest value in the card game of poker. However, now the term is now used to define companies that are the top 100 largest companies.

Below is the list of top 20 companies (NSE till Mar'20)

Why should you invest in Blue Chip Stocks?

Fundamentally Strong Balance Sheet & Cash Flow: These are large companies usually have low or no debts & generate more profit.

Consistent Returns: Blue-chip stocks are ideal for investor's portfolio as they provide consistent higher returns along with relative stability

Consistent and Timely Dividend Payouts: Most blue-chip companies give dividends consistently which denotes that they gain sufficient annual profits.

High Liquidity: These stocks are highly liquid and traded at high volumes frequently over the stock exchange. This ensures an investor needing cash, will be able to create a sell order and exit, thereby further create more trust in these companies.

Strong Brand Power: Blue Chip companies have built a reputation as a trusted brand among consumers. These companies are the market leaders in their categories and have a competitive edge.

The Bottom Line

Blue-chip companies are well-recognized, well-established brands that enjoy high consumer trust and have a strong business model, balance sheets, cash flows, consistent healthy growth.

Long-term investors can look for investments in blue-chip stocks for long term wealth creation.

Start Investing now!

Disclaimer: The views expressed here are of the author and do not reflect those of Finkompas.

Finkompas is a leading financial technology company that aims to simplify your financial life by providing you great financial products - loans, investments, credit cards.

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[professionalguidesk-blog]

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Best largecap mutual funds..SBI bluechip fund

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[shareloansl]

TOP MUTUAL FUNDS TO BUY FOR MAXIMUM LOAN AGAINST MUTUAL FUNDS

A Bluechip mutual fund or large-cap mutual fund invests only in large cap companies (Referred in our previous blog). These mutual funds are fundamentally and financially strong and stable due to their strong portfolio. Blue-chip funds can assist investors to get medium-risk capital appreciation by remaining invested for the long term. Bluechip funds might be a fantastic alternative if you want to avail Loan against Mutual funds from www.shareloan.in in the time of need.

These categories of funds are very safe and one can assume that he/she is investing in blue-chip shares only. A few examples of these funds are mentioned below. Large-cap mutual funds have to invest at least 80% of their corpus in large-cap stocks only.

Top Large/Blue-chip Mutual funds

AXIS BLUECHIP FUND KOTAK BLUECHIP FUND HDFC TOP 100 FUND MIRAE ASSET LARGECAP FUND SBI BLUECHIP FUND NIPPON INDIA LARGE CAP FUND

[brainmassfinance]

Multibagger Stocks 2021: Up to 2,750% return! 221 smallcaps doubled money. Check full list

Synopsis

Shares of ad-tech company Brightcom Group, with clients such as Airtel, British Airways, Coca-Cola, Hyundai Motors and ICICI Bank, leapt 2,755 per cent to Rs 195.3 from Rs 6.84 at the end of December 2020.

NEW DELHI: Calendar 2021 saw the BSE Smallcap index delivering a strong return of 55 per cent, three times more than Sensex (18 per cent), taking its outperformance over the largecap peer for the second year in a row. This outperformance meant some 221 out of 707 index stocks doubled investor money and went on to zoom up to 2,755 per cent! Shares of ad-tech company Brightcom Group, with clients such as Airtel, British Airways, Coca-Cola, Hyundai Motors and ICICI Bank, leapt 2,755 per cent to Rs 195.3 from Rs 6.84 at the end of December 2020. The stock today commands a market capitalisation of Rs 20,343 crore compared with Rs 434 crore as of December 31, 2020. Tata group stock Tata Teleservices (Maharashtra) skyrocketed 1,839 per cent to Rs 154.6 from Rs 7.97. This is even as the company has been reporting losses for 10 straight quarters! The company offers a comprehensive portfolio of information and communications technology (ICT) services for businesses in India under the brand name Tata Tele Business Services (TTBS). GRM Overseas, an exporter of Basmati rice, delivered a solid 1,280 per cent return this year that lifted its market value to Rs 3,000 crore odd levels from Rs 200 crore at December 2020 end. Aurum Proptech (Rs 934 crore), RattanIndia Enterprises (Rs 651 crore), Nahar Spinning Mills, Ganesh Housing Corporation and JTL Infra climbed up to 900 per cent during the year. Saregama India, PTC Industries, Olectra Greentech, Share India Securities, Trident, Tips Industries and Poonawalla Fincorp rallied 400-500 per cent in 2021. Stocks such as PG Electroplast, Rajratan Global Wire, Acrysil, Man InfraConstruction and Elecon Engineering Company surged 300-400 per cent. At least 48 stocks climbed between 200 per cent and 300 per cent. These included names such as Gujarat Fluorochemicals, Everest Kanto Cylinder, Globus Spirits, JBM Auto, Vishnu Chemicals, Ramky Infrastructure, Reliance Power and Jindal Worldwide. Here's the full list:

[classyfoxdestiny]

money making ideas: Krishna Kumar Karwa on how to make money in a raging bull market

money making ideas: Krishna Kumar Karwa on how to make money in a raging bull market

The key thing is to stay invested and know when will be the time to take money off the table. It is all going to be on bottoms up valuations where possibly most of the juice is out and maybe FY24 is getting discounted. One has to be a very strict follower of asset allocations where the equity part of the portfolio goes beyond what we want as part of risk management., says Krishna Kumar Karwa, MD, .

How does one deal with this kind of raging bull market? How does one make money in this bull market? You have rightly said that this is a raging bull market. I think it is very simple to make money in this market. It is all about patience. The way the markets are poised is not only a function of the correction we saw maybe a year ago. More than that, it is also a function of the kind of growth that Nifty earnings are expected to see in the current year and next year — around 30-35% growth for the current year and 15-17% for next year.

Valuations may be slightly richer than normal but on a bottoms-up basis, every sector seems to be having a tailwind. So investors need to stay invested. There would be times when some of the sectors or portfolio stocks would be underperforming. Rotation keeps on happening from smallcaps, midcaps to largecaps. We had seen that initially for the first six-seven months. We had the smallcaps and midcaps outperforming big time, but in the last one, one-and-a-half months, the largecap indices have caught up.

A minimum churn in the portfolios and holding on to your winners, that is the trick about staying invested in the markets. There will be more volatility and so there will be many global micro reasons to let go of stocks. Sometimes there will be taper tantrums, sometimes oil prices moving up, inflation fears and geopolitical challenges. These things are very difficult to predict.

So the key thing is to stay invested and know when will be the time to take money off the table. It is all going to be on bottoms up valuations where possibly most of the juice is out and maybe FY24 is getting discounted. One has to be a very strict follower of asset allocations where the equity part of the portfolio goes beyond what we want as a part of risk management. That is the right way to take money off the table.

Earnings have surprised and delighted everybody. For a bull market to keep on going, higher earnings surprises have to be there. How does one figure out that earnings will surprise us or that the surprise part or the growth is already factored in? Our markets are very well analysed. Every largecap stock probably has 20-30 analysts covering it. Post first quarter results also, we have not seen too many earnings downgrades and, in fact, there have been more upgrades than downgrades. So that is one way to keep a track of earnings expectations versus the actual delivery. But even then, there are some sectors where possibly there is scope for massive earnings upgrade in the coming 12 to 15 months.

But yes, earnings have been discounted. We are getting higher valuations but the interest rates being very low, we have to give higher multiple to the markets also.

When you say that there are pockets of earnings surprise, which are those pockets? In the current environment, in the first quarter, financials were the ones where credit provisions were much higher than expected. My sense is that the collections now are very robust and that is one segment where we are yet to see the benefit of credit growth coming in. Maybe in the second half of the year, we would see massive credit growth pick up as the economy picks up and maybe in Q2, credit costs being muted, that is one segment which could see many positive earnings upgrades going forward.

Another segment where there is a massive tailwind is the whole mortgage finance. Cost of funds are very low for most of the housing finance companies and they are seeing massive growth in sanctions and disbursements. Once the quarter two, quarter three numbers come out, we will see the momentum. One could expect some earnings upgrades there.

This is one segment and even the real estate segment which is mortgage finance, forms part of that chain of the whole real estate segment. That seems to be in a very sharp momentum and for the size of the market, the valuations of most of the real estate companies on an aggregate basis are valued at $30 million for our markets versus what it should be for a country our size. So that could be one segment where we would see a lot of positive momentum.

Which banks would be best placed to capture all of these positive points? I believe that the credit growth pick up will be first seen in the larger banks and then it will trickle down to the tier II, tier III banks. If one is looking at pure growth, then possibly you will see the larger banks. But having said that, the valuations of the larger banks are also relatively rich and there are a few mid-sized private banks where possibly the credit growth has been poor or rather the credit costs have been on the higher side. The valuations of these banks are very attractive. So maybe the tier II banks in that segment and in terms of returns which can be made over the next 12 to 18 months.

Provided our hypothesis of credit growth pickup comes true, it will be far superior than investing in the larger banks. Some of the larger banks are very well owned and so in percentage returns, the returns could be far superior in the tier II, tier III banks.

Most of these banks are adequately capitalised and do not require capital to grow. It is all about the environment being conducive for them to take that risk and increase their book.

So earnings will be one factor to drive share prices in the individual sectors going forward. IT is likely to rule the roost because they have already guided for a double digit growth in FY22. Do you think that is already priced into the share price of largecaps, midcaps and even the smallcap IT names? This is one sector where the tailwinds were very strong and we have seen some upgrades in the earnings estimates post Q1. My sense is that valuation wise, most of the IT companies — whether it is the tier I or tier II companies — were all quoting reasonably high versus their old averages. But I always believe that whenever a sector is in momentum, then it is foolish for investors to try to call the top.

Investors should continue to hold on to the stocks that they own, not knowing when the sector will top out. That is the better way of going about it. But having said that, the returns expectations from here onwards should be limited or muted because the valuations are rich and that is the reason we believe that from here onwards, IT companies could be low single digit or low double digit kind of compounders. It is important to have them in the portfolio but while putting fresh money over there one has to be very, very selective.

What is going on within the insurance space? HDFC Life is acquiring 100% in Exide Life Insurance for about Rs 6,687 crore in part cash and stock deal. Within insurance, do you actually opportunity still? In every business that we see nowadays, it is the bigger guys who keep on gaining market share and the smaller guys are unable to grow and have to go for an M&A. Something similar has possibly happened in one of the private insurance majors acquiring a smaller company. It is a very good consolidation and we will see something like this happening in many more sectors. Having said that, the insurance sector is marked by low penetration and long term opportunities. These businesses are long-term compounders. They have had had their challenges in the last two years owing to Covid related excess provisions and claims etc.

The top two-three names in the sector offer good opportunities. One of the insurance majors has gone through a lot of consolidation in terms of their business profile etc. in the last two-three years and individually one needs to look at any inflection point in one of these companies.

The market is rewarding any and every company with a digital expense or a digital presence. Jubilant Foodworks that is up 47%, IndiaMart up 15% although IndiaMart has already moved up a lot from the 2020 lows; Vaibhav Global is 40% higher, Angel Broking to 45% return, Bajaj Finance up 42%, ICICI securities up almost about 65% odd. How large a pie could this be and how many more companies could join in this bouquet? It is just the beginning. Platform companies, which are leveraging on technology, will continue to grow far bigger than the underlying competition and there are many companies out there in the listed space . There will be a whole host of investors looking to invest in such a company. We are yet to understand that in India, investing is all about investing in growth and all the companies that you were mentioning and all the platform companies which will get listed in the coming months, will see phenomenal growth. Some of them are very profitable, while some of them will take time to become profitable over a longer timeframe. But as long as the growth is far superior than the average growth in the ecosystem, these companies will continue to attract investors and higher valuations.

Is one better off betting on Bajaj Finance or HDFC Bank because these are existing banks and lenders which are becoming fintech? Do you look at existing companies which are changing avatar or go for companies which are pure tech companies like a policybazaar or Nykaa when they get listed? There is no correct answer to this. It is not either or, it is possibly both depending on which sector offers you that opportunity. In fintech, there are some listed plays which are also very technologically savvy and possibly can transform to pure fintech plays. so But one needs to be invested in some of the new listings which are happening in the space where there is no existing listed company available. So, one has to consider sector wise.

Also we need to understand what kind of competition is there. Is it a two-player or a three-player market or can many more players join in? One has to value every company in that fashion. To look at every company with the same yardstick would not be the right way to evaluate such companies. But having said that, a decent part of your portfolio should consist of the new generation businesses.

Where are the classic compounders headed in the next couple of years? HUL, Nestle, maybe or — companies which have created huge wealth in the last five years — where are they headed from here? Companies that you mentioned will continue to deliver decent returns to the stock owners. The point is what kind of growth these companies are able to deliver and what kind of valuation they have. We have seen cases where some of the stocks have languished or consolidated for years together. Maybe some of these and now the breadth of the market is far superior than what it was two years ago. So, many of these companies have had a huge jump in valuations and they have compounded very well over the last 10 years.

One could see that some of these companies could consolidate and underperform the market for some time. We are all investing into growth and to pay 50, 60, 70 times multiples for 10-15% growth is possibly a challenge for many fund managers.

One stressed sector right now is auto. Auto stocks are down 20-25% from the recent high. While markets are going higher, auto stocks are coming down daily. Is it time to buy the stress in auto stocks? After today, the pecking order in terms of our preference in the auto sector is commercial vehicles; then two-wheelers and then passenger vehicles. Commercial vehicles are the least impacted by the challenges from semiconductor or chip shortage. The maximum impacted are the passenger vehicles segment. This is from a short-term perspective. But the stock price performance of many of the auto majors in the last five years show they have been struggling. At the end of the day, the fear of what disruption will happen owing to EVs is a bigger question. We have seen the size and scale the private VC funded electric scooter companies are talking of. They do not have to worry about public markets, they do not have to worry about earnings etc. Can they disrupt the two-wheeler market? We do not know but will investors be worried about how to value the existing listed companies in the two-wheeler segment? Possibly yes.

We have seen something similar happening in the US also where the market cap of Tesla is at 45-50% of the aggregate market cap of all the auto companies. But the fact remains that they manufacture much fewer vehicles versus the number of vehicles manufactured by all the auto majors. My fear is that OEM manufacturers’ valuations would be under challenge. It is better to play the whole auto sector through auto ancillaries because whoever wins — be it EV or ICE, be it is passenger vehicles or two-wheelers or auto ancillaries — can show far superior growth. That’s why I think it is better to play the whole segment through large auto ancillaries, which have a very good domestic presence and have the ability to address the global market.

A contra investor could possibly look to invest in one of the passenger vehicle majors which is going through stress but the EV threat is there for sure and markets would discount that much more before EV becomes a reality.

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[digitalbhumi]

Amazing of smallcap funds: instead of RD, doing SIP of 5000 here, then in 10 years, there would have been 2.5 times profit

Amazing of smallcap funds: instead of RD, doing SIP of 5000 here, then in 10 years, there would have been 2.5 times profit

There are many such mutual fund schemes in the market, which have made investors rich through long-term SIP. Compared to small savings, they have got many times higher returns. SIP vs RD Return: Smallcap funds invest the money of investors in the shares of smallcap companies. Investing in these is definitely somewhat risky as compared to largecap or multicap, but investing in them through SIP…

[1stnewslink]

sensex today: Stock Market LIVE Updates: Retail investors make beeline for Zomato IPO. IT stocks in high demand. Profit booking in realty stocks. Mindtree jumps 8%. Wipro 4%

Domestic stock benchmarks started Wednesday’s session on a flat note amid selling pressure in private bank stocks. Tech Mahindra was the top Nifty50 early deal winner, up 0.70 percent. L&T, Adani Ports, Wipro, and HCL Tech were among the other blue-chip top performers. On the other hand, ICICI Bank was the biggest straggler, down 0.65 percent. Other losers include UltraTech Cement, HDFC Bank, Axis Bank and Eicher Motor. Just Dial gained 4 percent while Quess Corp lost 3 percent in early trading.

!1 new updateClick here for the latest updates

WPI inflation falls to 12.07 percent in June; Food, crude oil prices are softening

IT stocks are leading the rally. Here are the top winners

Price as of 07/14/2021 12:17 pm, Click on company names to see their live prices.

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Mindtree shares 52-week high after Q1 earnings

Mindtree stocks rose over 9 percent on Wednesday after the IT company posted consolidated net income up 61.2 percent for the June quarter and expressed confidence in double-digit revenue growth in FY22.

Zomato IPO retail quota fully subscribed

Tata Metaliks stock is up over 8% over June quarter earnings

Tata Metaliks Ltd shares rose over 8 percent on Wednesday after the company reported net income of Rs 94.72 billion for the quarter ended June 30, 2021. After getting off to a firm start, the stock rose 8.06 percent to 1,299 rupees for the BSE.

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Zomato IPO so far subscribed 16% on the first day

The rupee drops 12 paises in early trading to reach 74.61 against the US dollar

The Indian rupee lost 12 paises to 74.61 against the US dollar in opening trading on Wednesday as the strong US currency and weak domestic stocks weighed on investor sentiment.

Info Edge adds 1% to Zomato’s IPO

Info Edge’s shares rose over 1 percent in trading Wednesday as Zomato launched its initial public offering of Rs 9,375 billion. The Zomato issue includes an offer to sell from Info Edge, India, valued at Rs 375 crore, which owns 18.55 percent of the online grocery delivery and restaurant discovery platform.

NMDC shares up 2% after co-board approves the demerger of NMDC Steel

The state-run NMDC said Tuesday that its board of directors had approved the demerger of NMDC Steel Limited. In a BSE filing, NMDC said that NMDC Steel is its wholly owned subsidiary, which is not currently doing business.

We continue to believe that any significant correction in the market should be used as an opportunity to get into quality stocks

– Binod Modi, Head – Strategy, Trust Title

Bank stocks trade lower

Price as of 07/14/2021 10:05 a.m., Click on company names to see their live prices.

Nifty appears to be consolidating in the 15,600–15,900 range: analysts

Top winners and losers in the broader market

Happiest Minds, Just Dial, Vakrangee, Mindtree, Mphasis and Coforge were winners in the field, while Quess Corps, Shilpa Medicare, Edelweiss Financials, Max Financial, Oberoi Realty and Bank of India were under selling pressure.

There may be a sharp correction or the bull may keep running. Whatever the result, security lies in high-quality largecaps that now only move slowly, rather than smallcaps that fly away. There is a bubble in small caps that will end badly for new retail investors chasing those small caps. Investors can book some gains and invest the money in fixed income securities and continue to invest in high quality largecaps in the IT, metals, pharmaceuticals, cement and FMCG sectors

– Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services

Q3 result today:

Infosys, L&T Technologies, Hastun Agro Products, Craftsman Automation, Dodla Dairy and Tinplate Company of India are among the companies that will announce their quarterly results today.

Reliance Securities intraday selection:

Buy Aarti Industries: For today’s trading, a long position in the range of Rs 850-855 can be opened at a price target of Rs 876 with a strict stop loss at Rs 842. Buy City Union Bank: For today’s trade a long position can be initiated in the range of Rs 161-163 for a target of Rs 168 with a strict stop loss at Rs 159. Sell ​​Godrej Consumer Products: For today’s trading, a short position can be initiated in the range of Rs 950-958 for a target of Rs 925 with a strict stop loss at Rs 964.

Traders post profits in real estate stocks; Nifty Realty index down 0.4%

Top winners and losers in the Sensex pack

Opening Bell: Sensex loses 50 points, Nifty under 15,800; Just Dial jumps 4%, Quess Corp tanks 3%

Pre-open session: Sensex up 20 points, Nifty below 15,800

Q1 results today

Mindtree, Tata Metaliks, Shree Ganesh Remedies, Deccan HealthCare, WS Industries (India) and Gagan Gases are among the companies that will announce their quarterly results today.

Zomato’s initial public offering of Rs 9.375 billion opens today

The highly anticipated Zomato IPO opens for subscription today. The online grocery and restaurant platform raised Rs 4.197 billion from 186 anchor investors on Tuesday ahead of its initial public offering. The company told the exchanges that it had allotted Rs 55.22 billion of shares for Rs 76 per share to anchor investors.

SGX Nifty signals a negative start

Nifty Futures on the Singapore Exchange traded 53.5 points, or 0.34 percent, lower at 15,781, suggesting Dalal Street was off to a negative start on Wednesday.

Tech View: Nifty50 resistance at 15,900 at

Nifty50 had a positive session on Tuesday as it easily broke its immediate resistance at 15,750. The index formed a small bullish candle with a long wick on the daily scale, indicating that every intraday sale was bought. Analysts said the 15,900-15,915 zone would be a major hurdle and the 15,650-632 range would act as immediate support for the future.

Tokyo stocks open lower US falls

Tokyo stocks opened lower on Wall Street on Wednesday after falling as investors weighed how a rise in US inflation data would affect monetary policy. The benchmark index Nikkei 225 lost 0.74 percent or 211.64 points to 28,506.60 in early trading, while the broader Topix index fell 0.54 percent or 10.63 points to 1,957.01.

US CPI inflation climbs to 5.4% in June

The US Department of Labor report showed that the consumer price index rose 5.4 percent (non-seasonally adjusted) in the 12 months ended June, its highest level since August 2008. Even though leading Fed officials say the big price increases are temporary Persistently high inflation could lead policymakers to distance themselves from the massive economic policies that markets have loved since the beginning of the Covid-19 pandemic.

US stocks have leveled off

Major US stock indices closed lower Tuesday after government data showed inflation continued to rise in June. All three major indices had finished on Monday with records, but by the close of trading on Tuesday the Dow Jones Industrial Average benchmark was 0.3 percent lower at 34,888.79. The broad-based S&P 500 lost 0.4 percent to finish at 4,369.21, while the tech-rich Nasdaq Composite Index fell 0.4 percent to 14,677.65.

The rupee will rise on day 3 and close at 74.49 if the stocks rise

The rupee gained 9 paise to close at 74.49 against the US dollar on Tuesday, marking the third straight day of gains from foreign fund inflows and positive domestic stocks. On the interbank foreign exchange market, the local unit opened higher at 74.49 versus the greenback and experienced an intraday high of 74.41 and a low of 74.50 during the session.

Sensex, Nifty on Tuesday

At the closing bell, the BSE Sensex was 397.04 points, or 0.76 percent, higher at 52,769.73 – breaking its three-session loss margin. This was also the benchmark’s best daily gain since May 31st. Likewise, the broader NSE Nifty rose 119.75 points, or 0.76 percent, to settle at 15,812.35.

Good morning, dear reader! Here is something to start your day of trading

The post sensex today: Stock Market LIVE Updates: Retail investors make beeline for Zomato IPO. IT stocks in high demand. Profit booking in realty stocks. Mindtree jumps 8%. Wipro 4% first appeared on 1st News Link.

source https://1stnewslink.com/sensex-today-stock-market-live-updates-retail-investors-make-beeline-for-zomato-ipo-it-stocks-in-high-demand-profit-booking-in-realty-stocks-mindtree-jumps-8-wipro-4/

[moneycafe]

GameStop shares surge on first day of trade as largecap stock, AMC zooms 7% despite not make the cut

GameStop shares surge on first day of trade as largecap stock, AMC zooms 7% despite not make the cut

GameStop and AMC are two of the most popular meme stocks. (Image: REUTERS) Popular memes stock GameStop has gone from a smallcap stock, favoured by short-sellers to a large-cap stock and the newest member of the FTSE Russell 1000 index. Helped by new traders and Reddit users, GameStop shares have now soared a massive 4,802% in the last one year with a market capitalization of $15 billion.…

[smartnivesh]

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