Sterling & Wilson Renewable Energy reports Rs 1.40 crore net profit in Q4
Sterling & Wilson Renewable Energy Limited (SWREL) has posted a net profit of Rs 1.40 crore during the quarter ended March 2024 on account of increased income.
Tag: U.S. STOCK INDEX
Sony/Apollo bid for Paramount could be worth as much as $29 billion – Source
Investing.com — The blockbuster sale of legendary Paramount Global (NASDAQ:PARA) to David Ellison\’s Skydance Media may be at significant risk of falling short as Sony (NYSE:SONY) and Apollo Global Management (NYSE:APO) prepare to make \”a significantly better offer that will benefit all shareholders of the company,\” an insider told Investing.com exclusively this morning.
Apple ordered to remove certain messaging apps by China – WSJ
China has reportedly ordered Apple (NASDAQ:AAPL) to remove certain chat messaging apps from its app store in the country, according to The Wall Street Journal.
Middle East tensions could fuel stagflation – BofA
The tensions in the Middle East could result in stagflationary stocks, analysts at Bank of America Securities said in a note Friday.
Why hasn’t Infosys upgraded margin guidance if TCVs are at record high? Sandip Agarwal asks
Sandip Agarwal asks: \”Despite a strong TCV, why is the growth guidance so low? We are not able to connect the dots of what is pulling down growth so much and why they are projecting this kind of growth. In my view, this guidance and these numbers are on the lower side of what anyone would have been anticipating.\”
Chip stocks, including Nvidia, 'have ways to go to the downside' – Lynx
In a Thursday note to clients, analysts at Lynx Equity Strategies said the firm believes semiconductor chip stocks, including NVIDIA (NASDAQ:NVDA), \”have ways to go to the downside.\”
South Korea's LG Electronics launches $800 million dollar bond – term sheet
By Scott Murdoch and Joyce Lee
If you have to go for IT at all, TCS a better bet: Hemang Jani
Hemang Jani remains cautious on the IT sector. He says \”the only positive takeaway is that the market is already sensing that there would be a significant negative growth of about 1% to 1.8% in terms of quarterly revenue growth for Infosys. The next year guidance was anywhere from 3% to 5%, which is mediocre. So, it would be best to stay away from IT till we get more colour on growth.\”
Don’t plan to get into IT stocks for next few months; play telecom via Reliance: Daljeet Singh Kohli
Daljeet Singh Kohli advises caution in the IT sector, preferring telecom, EV, and two-wheeler sectors for investments. Kohli says: \”We do not believe IT companies are at the end of the tunnel. It will take some more time, especially the BFSI segment which is the mainstay for most of our IT companies. Unless that picks up, I do not think they will have too much to talk about in terms of numbers.\”
Sanjiv Bhasin on 3 bets that’ll make you money in near and medium term
Sanjiv Bhasin says the \”Nifty now looks poised to regain 22,500, 22600. So, largecaps should be the biggest beneficiaries as we plough back and metals and commodities are leading. But Elon Musk\’s visit is not just symbolic, it is a showcase of the potential of what our economy holds for investing after China plus one will be even bigger icing on the cake.\”
Pullback rally soon? Sanjiv Bhasin on 4 stocks to bet on in this uncertain market conditions
Sanjiv Bhasin recommends strategic investments in HUL, LTI, and Indiabulls Real Estate. He advises reallocation from heavyweight stocks to capitalize on growth prospects. Opportunities also lie in ICICI Bank, Bharti Hexacom, Voda-Idea, and IDFC Bank. Bhasin further says: \”We are looking at one pullback rally because all negatives are slowly getting priced in. \”