Page 26 - Market Trends
Dabur to acquire 51% stake in Badshah Masala; stock rises 4%
The management said that the transaction is expected to be Cash EPS neutral in the first year and accretive thereafter.
 "Dabur to acquire 51% stake in Badshah Masala; stock rises 4%")
Sun Pharma gains 2%, conquers Rs 1,000-mark after gap of over 7 years
The stock traded higher for the third straight day and has gained nearly 4 per cent during the period. It quoted at its highest level since May 2015.
 "Sun Pharma gains 2%, conquers Rs 1,000-mark after gap of over 7 years")
Gland Pharma plunges 13%, hits 52-week low on disappointing Q2 results
Earnings before interest, taxes, depreciation, and amortization (EBITDA) margin contracted 150 bps to 33 per cent from 38 per cent in a year ago quarter.
 "Gland Pharma plunges 13%, hits 52-week low on disappointing Q2 results")
Amber Enterprises hits 52-week low; sheds 9% in four days post Q2 loss
In Q2FY23, Amber reported a net loss of Rs 2.3 crore as against profit of Rs 8 crore in the year ago period, dragged by fall in EBITDA margin and higher interest costs.
 "Amber Enterprises hits 52-week low; sheds 9% in four days post Q2 loss")
TMS Ep289: Reliance demerger, Rishi Sunak, WhatsApp spams, trendlines
What does demerger mean for RIL shareholders? What challenges await Rishi Sunak? How WhatsApp is turning into a spammer's paradise? How can trendlines help traders? All answers here
 "TMS Ep289: Reliance demerger, Rishi Sunak, WhatsApp spams, trendlines")
How can trendlines help traders catch that perfect breakout?
If you have been following technical analysis in financial markets, you must have come across the word 'trendline'. But what is it? When should you plot them? How reliable they can be? Let's find out
 "How can trendlines help traders catch that perfect breakout?")
Axis Bank Q2: Analysts see up to 28% upside on sustained earnings growth
Axis Bank shares hit a record high of Rs 905 on the BSE on Friday, surging 9.5 per cent in the intra-day trade, after the bank beat Street's September quarter earnings' expectations across parameters
 "Axis Bank Q2: Analysts see up to 28% upside on sustained earnings growth")
Here's why LIC, PB Fintech, Delhivery sunk to all-time lows in a firm mkt
With Friday's decline, the stock price of Delhivery has corrected 46 per cent from its record high level of Rs 708.45, which it had touched on July 21, 2022
 "Here's why LIC, PB Fintech, Delhivery sunk to all-time lows in a firm mkt")
Here's why Mehul Kothari expects Axis Bank to hit Rs 1,000-mark
According to the technical analyst from Anand Rathi, a weekly close above Rs 825, can potentially trigger a massive rally in Axis Bank up to Rs 1,000-mark.
 "Here's why Mehul Kothari expects Axis Bank to hit Rs 1,000-mark")
ITC hits new high on solid Q2 performance; analysts see up to 16% upside
Analysts believe ITC would continue to grow in its core business of Cigarettes and FMCG with stable taxation & softening of raw material prices.
 "ITC hits new high on solid Q2 performance; analysts see up to 16% upside")
F&O Strategy: Nandish Shah recommends Bull Spread Strategy on HCL Tech
The derivative analyst from HDFC Securities recommends buying HCL Technologies 1020 Call and selling 1040 Call of the October series.
 "F&O Strategy: Nandish Shah recommends Bull Spread Strategy on HCL Tech")
TVS, Eicher Motors may be the best bets among two-wheeler stocks; check why
On the other hand, Bajaj-Auto and Hero Moto Corp need to adhere their key supports levels to keep the positive bias intact.
 "TVS, Eicher Motors may be the best bets among two-wheeler stocks; check why")
Nestle India gains 2%, nears 52-week high on strong Q3 revenue growth
The stock of packaged foods company quoted higher for the seventh straight trading day and has rallied 9 per cent during the period.
 "Nestle India gains 2%, nears 52-week high on strong Q3 revenue growth")
Tracxn Tech surges 25% on market debut, stock hits Rs 100-mark
With growing users for private market data, the company is looking to capitalize on the opportunity by growing its customer base further.
 "Tracxn Tech surges 25% on market debut, stock hits Rs 100-mark")
IndusInd Bank dips 6% on profit booking post September quarter results
The bank reported a healthy 57 per cent YoY growth in July-September standalone net profit to Rs 1,805 crore driven by a healthy rise in loan disbursement and net interest income.
 "IndusInd Bank dips 6% on profit booking post September quarter results")
This defence stock has zoomed 139% from its IPO price in just 10 months
In the past three months, Data Patterns has zoomed 95 per cent, as compared to an 8 per cent rise in the S&P BSE Sensex
 "This defence stock has zoomed 139% from its IPO price in just 10 months")
ITC surges 6% in four days ahead of Q2 results; analysts expect a good show
In Q2FY23, ITC is expected to witness strong growth across segments considering lower sales in the base quarter of cigarettes, hotels & agri business.
 "ITC surges 6% in four days ahead of Q2 results; analysts expect a good show")
Support zone for Nifty shifted higher to 17,200-17,300, says Vinay Rajani
Among individual stocks, the technical analyst from HDFC Securities recommends buying IndusInd Bank and Mahindra CIE.
TVS Motor gains 4%, scales new summit on hopes of strong Q2 earnings
The company said it has had a robust start to the festive season and the demand is expected to further accelerate during the season.
 "TVS Motor gains 4%, scales new summit on hopes of strong Q2 earnings")
Nifty500: 248 stocks have more upside; Sun Pharma, RITES 'overbought'
Sun Pharmaceutical Industries is the only other stock among the Sensex 30 and Nifty 50 that trades in the overbought category, technically.
 "Nifty500: 248 stocks have more upside; Sun Pharma, RITES 'overbought'")
