The Indian benchmark equity indices ended Friday’s trading session on a positive note as Nifty hit a fresh record high on June 14. The major indices were driven by the auto and consumer durable sectors. The NSE Nifty 50 gained 66.70 points or 0.29 percent to finish the day’s trading at 23,465.60 while the BSE [...]
The Indian railway sector has seen significant growth in recent years, driven by government support, technological advancements, and rising demand. Further, investing in the best railway stocks in India offers several benefits, such as exposure to a growing sector, government support, diverse projects, and long-term growth opportunities. Additionally, the modernization of railways through technological advancements [...]
The private banking sector in India has risen tremendously, accounting for around 30% of overall banking industry assets. As of 2023, private banks recorded a total net profit of over Rs 1.5 trillion, owing to technological developments, customer-centric services, and an increasing network of over 28,000 branches across the country. With a market capitalization of [...]
Before the elections, the BJP manifesto emphasized broad-based development through government initiatives with significant socio-economic impacts. Key priorities included infrastructure development, making India a global manufacturing hub, and focusing on capital expenditure (Capex). The BJP aimed to strengthen digital and physical infrastructure, empower MSMEs, and provide piped natural gas connections to major cities and towns. [...]
Return on Equity (ROE) and Return on Capital Employed (ROCE) are two important financial ratios that help retail investors in investing. ROE measures a company's profitability by indicating how much profit it generates using the shareholders' equity. On the other hand, ROCE evaluates a company's ability to generate profits from its total capital including both [...]
Potential upside refers to the expected increase in an asset's value, driven by favorable market conditions, strategic business moves, or robust financial performance. Identifying potential upside involves analyzing growth drivers, market trends, and company fundamentals, offering investors opportunities for substantial returns on their investments. Here are the stocks with an upside potential of up to [...]
The Sensex and Nifty had their strongest week of 2024, surging over 2 percent on June 7 as government formation drew nearer. The NSE Nifty 50 gained 468.75 points or 2.05 percent to finish the day’s trading at 23,290.15, while the BSE Sensex reached an all-time high at 76,795 in Friday's trading session and closed [...]
The electric vehicle (EV) sector in India is rapidly evolving, driven by government incentives, environmental concerns, and technological advancements. With the increasing adoption of EVs, the industry is poised for significant growth, offering opportunities for sustainable transportation and economic development. Here are three EV stocks with ROCE/ROE of up to 36.97%. Tata Motors Ltd Tata [...]
Investors prefer Public Sector Undertakings (PSUs) in India due to their stability and government backing, which reduce default risks. PSUs offer a blend of security, regular income, and potential for growth, making them appealing to investors seeking stable returns and lower risk. Public Sector Undertakings (PSU) or Central Public Sector Enterprises (CPSE) in India are [...]
Domestic benchmark equity indices, the Sensex, and the Nifty 50 jump-started today’s market in red indicating volatility, and showing early signs of decline and negative momentum in trading due to the ongoing Lok Sabha Election Results. In Tuesday’s trading session, at 9:15 A.M the Sensex was trading at 76,285.78 down by 183 points 0.36 percent [...]