Page 6 - Upside Potential News Today

After a minor correction, markets are once again on roll. This time the upward movement has been led by IT stock. When it comes to nifty and sensex, it is dominated by IT and financial services. So as the financial services stocks take a breather, a sectoral turn is taking place and the nifty is moving upward. Now because IT stocks have come into focus after a gap of two years, it needs to be watched how much they are able to push the market. While the party continues on the street, it would be ...

There is an old saying on Dalal street. News and stock prices have an inverse relationship. When news is good, stock prices are bad and when news is bad, stock prices are good. This probably has played in the IT space more than anywhere else. For more than one year, too much negative has been said about the IT sector and the fact is that management of most of them have been showing lack of confidence in terms of rate of growth. But what happened on friday is a reflection that the street has been...

As the Dalal street continues to be in party mode, staying bullish would appear to be the most logical thing at this point of time. Why fight against a trend, while staying bullish, just add an element of caution. When we use the word caution, we mean stay with quality and especially if one is increasing exposure at this point of time. There is enough evidence to show that owning quality stocks pays both in bullish and bearish markets conditions. In a bullish market, they tend to rise faster and...

British multinational bank Standard Chartered projects Bitcoin (BTC) to reach $200,000 by the end of 2025 – more than a 300% climb from where it trades today.…

Meanwhile, Mexico's new refinery aims to reduce U.S. fuel dependence.

Cello World has posted best-in-class revenue growth, operating margins and return profile among its peers in every category in FY21-23, said JM Financial.

Today’s risks feel elevated, so what really matters?

SAMHI Hotels is a branded hotel ownership and asset management platform. SAMHI Hotels has a portfolio of 4,801 keys across 31 operating hotels in 14 cities.

At a time when everything on the street appears good and green, there is a case of being selective. The reason, if it is in a raging bull market, the street never stays in this all good and green mode forever.when the street starts to become selective, it is stocks where there are some improvement in the business operating matrix tend to weather the storm better. So as an investor, one needs to look at every sector and company and their operating and valuation matrix separately. These selected s...

Stay bullish, but just add an element of caution which means stay with quality. There is quality in every segment of the markets, but when one is buying midcap stocks it is more important to focus on quality as these companies and also their stocks may have relatively less ability to withstand a corrective phase, either because of the nature of the business or because of technical reason like shareholding pattern. Following stocks have come from Refinitiv’s Stock Report Plus which lists s...