Before Market Opens: Indian markets are likely to open flat on Thursday amid lack of trends, despite gains in Asian peers after US markets rose in overnight deals. Gift Nifty was trading 6 points lower, indicating a muted start for Nifty. Let s take a look at key cues before the market opens today:
With the strong catch-up of mid and smallcaps in last couple of months, brokerage house Axis Securities believes the broader market may see some time correction in the near term but the long-term story of the market continues to remain attractive. It lists top mid and small-cap picks for February.
With the interim budget concluded, investors have shifted their focus back to earnings and other major cues. Axis Securities has made some changes to its top picks like booking profit in Maruti. Let s take a look at its top large-cap picks for Feb.
Before Market Opens: Indian markets are likely to open flat on Friday despite gains in global peers after the Interim budget failed to cheer investors back home. Gift Nifty was down 2 points, indicating a muted start for Nifty. Let s take a look at some key cues before the market opens today:
For the December quarter, Motilal Oswal anticipates a 10% (YoY) growth in Nifty earnings. The primary drivers for this growth are expected to be domestic cyclicals, particularly auto and BFSI. It has listed 5 stocks that are likely to post a decline in their net profit/loss in Q3. Let s take a look: