Amidst a challenging market environment and uneven corporate profits, Parag Thakkar emerged Fort capital highlighted select blue chip companies and FMCG stocks as attractive opportunities for long-term investors, especially those looking for “contra” bets. While discussing Hindustan Unilever (HUL), Thakkar noted the stock’s long-term underperformance but also expressed confidence in the future. “We recently bought […]
The markets witnessed a volatile session on the weekly expiration day and fell almost half a percent, extending the ongoing consolidation phase. Analysts say the recent market action reflects a cautiously optimistic undertone, supported by solid domestic macro indicators.“Going forward, we expect further consolidation to continue, which would be healthy as long as the Nifty […]
The combined market valuation of eight of the top 10 most valued companies rose by Rs 2,05,185.08 crore last week, with Bharti Airtel and Reliance Industries emerging as the biggest gainers.Last week, the BSE Sensex rose 1,346.5 points or 1.62 percent and the NSE Nifty rose 417.75 points or 1.64 percent. Markets staged a strong […]
Demand for household products and groceries recovered in the second quarter even before the cut in goods and services tax rates on key staples came into effect on September 22, as shown by the latest data from Numerator (formerly Kantar) and growth rates of leading fast-moving consumer goods (FMCG) companies.FMCG sales volume rose 4.7% year-on-year […]
Mutual funds have clustered in a handful of big names in 2025, with Axis Bank, Maruti Suzuki, SBI, ICICI Bank and SBI Life among the most overvalued stocks, each trading well above their index weighting. Conversely, several blue chip giants, including Reliance Industries, HDFC Bank, ITC and TCS, are noticeably underserved despite their dominance in […]
Orkla India, the parent company of MTR Foods maker, has raised Rs 500 crore from major anchor investors ahead of its IPO. The shares were issued to domestic and foreign investors at Rs 730, the highest price band of the public offer. The issue opens on Wednesday and closes on Friday. Prominent investors who have […]
The combined market valuation of seven of the top 10 most valued companies rose by Rs 1,55,710.74 crore last week during the holiday shortening, with Reliance Industries and Tata Consultancy Services emerging as the biggest gainers, amid a positive trend in domestic equities. Last week, the benchmark BSE rose 259.69 points or 0.30 percent. On […]
The combined market valuation of seven of the top 10 most valued companies rose by Rs 2,16,544.29 crore last week, with Reliance Industries and Bharti Airtel stealing the limelight, coupled with a bullish trend in equities. Last week, the benchmark BSE rose 1,451.37 points or 1.75 percent. Out of the top 10, Reliance Industries, HDFC […]
The combined market valuation of eight of the top 10 most valued companies rose by Rs 1,94,148.73 crore last week, with TCS emerging as the biggest gainer, in line with a bullish trend on Dalal Street. Last week, the benchmark BSE rose 1,293.65 points or 1.59 percent. While Reliance Industries, HDFC Bank, Bharti Airtel, Tata […]