Latest news with #NiftyMid-cap
Mint
2 days ago
- Business
- Mint
Stocks to buy under ₹100: Experts recommend five shares to buy today — 12 June 2025
Stocks to buy under ₹ 100: The Indian stock market continued to trade volatile for the sixth straight session on Wednesday. The Nifty 50 index ended higher for the sixth straight session and finished at 25,141. The BSE Sensex gained 123 points and closed at 82,515, while the Bank Nifty index went off 169 points and closed at 56,459. Sectorally, oil & gas, IT, and pharma were the major gainers, demonstrating strength even in a consolidating market. However, Nifty PSU Banks, FMCG, and metal sectors ended the day in the red. In a change from recent trends, the Nifty Mid-cap and Small-cap indices broke their winning streak today. The Nifty Mid-cap 100 Index fell by 0.49%, while the Nifty Small-cap 100 Index went down by 0.53%. However, market breadth remained decisively positive, with advancing stocks significantly outpacing declining ones, as indicated by a BSE advance-decline ratio of 1.24. On the outlook of the Indian stock market today, Siddhartha Khemka, Head of Research — Wealth Management at Motilal Oswal, said, "Looking ahead, market participants will closely track key economic data points, with US CPI data released on Wednesday, followed by the UK GDP print and India's CPI inflation reading, due on Thursday. Positive developments on the US-China trade front and the India-EU FTA could influence sentiment and set the tone for near-term market direction." Speaking on the outlook of the Nifty 50 today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index, after consolidating since the last two days, witnessed a volatile session with the initial half progressed ahead to scale the 25,200 zones while post-lunch session succumbed to profit booking to end near the 25,150 level with sentiment slightly turning cautious. The index has the 25,000 zones as the near-term support, while on the upside, the 25,500 level can be expected in the coming sessions once there is a breach above the hurdle of 25,200 levels, with overall bias maintained strong." "The Bank Nifty index has witnessed another session of profit booking to slip further from the peak made near the 57,000 zone, and with the 55,800 to 56,000 band maintained as the important support from the current level, the index is still in the strong territory but would need a decisive breach above the 57,000 level to anticipate for fresh upward move in the coming days to maintain the positive bias intact," Shiju Kuthupalakkal said. Regarding stocks to buy today, market experts Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher; Mahesh M Ojha, AVP—Research at Hensex Securities; Sugandha Sachdeva, Founder of SS WealthStreet; and Anshil Jain, Head of Research at Lakshmishree Investment and Securities, recommended these five intraday stocks: Lloyds Enterprises, NMDC Steel, Sterlite Technologies, Fedders Holding, and Ugar Sugar Works. 1] Lloyds Enterprises: Buy at ₹ 73, Target ₹ 83, Stop Loss ₹ 70. 2] NMDC Steel: Buy at ₹ 40 to ₹ 41, Targets ₹ 42.40, ₹ 43.80, ₹ 46, Stop Loss ₹ 38.80; and 3] Sterlite Technologies: Buy at ₹ 76.50 to ₹ 77, Targets ₹ 78.50, ₹ 80, ₹ 82, ₹ 85, Stop Loss ₹ 74.60. 4] Fedders Holding: Buy at ₹ 50, Targets ₹ 53, ₹ 54.80, Stop Loss ₹ 48.40. 5] Ugar Sugar Works: Buy at ₹ 51, Target ₹ 58, Stop Loss ₹ 48 (Closing Basis).
Mint
2 days ago
- Business
- Mint
Stocks to buy under ₹100: Experts recommend five shares to buy today — 12 June 2025
Stocks to buy under ₹ 100: The Indian stock market continued to trade volatile for the sixth straight session on Wednesday. The Nifty 50 index ended higher for the sixth straight session and finished at 25,141. The BSE Sensex gained 123 points and closed at 82,515, while the Bank Nifty index went off 169 points and closed at 56,459. Sectorally, oil & gas, IT, and pharma were the major gainers, demonstrating strength even in a consolidating market. However, Nifty PSU Banks, FMCG, and metal sectors ended the day in the red. In a change from recent trends, the Nifty Mid-cap and Small-cap indices broke their winning streak today. The Nifty Mid-cap 100 Index fell by 0.49%, while the Nifty Small-cap 100 Index went down by 0.53%. However, market breadth remained decisively positive, with advancing stocks significantly outpacing declining ones, as indicated by a BSE advance-decline ratio of 1.24. On the outlook of the Indian stock market today, Siddhartha Khemka, Head of Research — Wealth Management at Motilal Oswal, said, "Looking ahead, market participants will closely track key economic data points, with US CPI data released on Wednesday, followed by the UK GDP print and India's CPI inflation reading, due on Thursday. Positive developments on the US-China trade front and the India-EU FTA could influence sentiment and set the tone for near-term market direction." Speaking on the outlook of the Nifty 50 today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index, after consolidating since the last two days, witnessed a volatile session with the initial half progressed ahead to scale the 25,200 zones while post-lunch session succumbed to profit booking to end near the 25,150 level with sentiment slightly turning cautious. The index has the 25,000 zones as the near-term support, while on the upside, the 25,500 level can be expected in the coming sessions once there is a breach above the hurdle of 25,200 levels, with overall bias maintained strong." "The Bank Nifty index has witnessed another session of profit booking to slip further from the peak made near the 57,000 zone, and with the 55,800 to 56,000 band maintained as the important support from the current level, the index is still in the strong territory but would need a decisive breach above the 57,000 level to anticipate for fresh upward move in the coming days to maintain the positive bias intact," Shiju Kuthupalakkal said. Regarding stocks to buy today, market experts Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher; Mahesh M Ojha, AVP—Research at Hensex Securities; Sugandha Sachdeva, Founder of SS WealthStreet; and Anshil Jain, Head of Research at Lakshmishree Investment and Securities, recommended these five intraday stocks: Lloyds Enterprises, NMDC Steel, Sterlite Technologies, Fedders Holding, and Ugar Sugar Works. 1] Lloyds Enterprises: Buy at ₹ 73, Target ₹ 83, Stop Loss ₹ 70. 2] NMDC Steel: Buy at ₹ 40 to ₹ 41, Targets ₹ 42.40, ₹ 43.80, ₹ 46, Stop Loss ₹ 38.80; and 3] Sterlite Technologies: Buy at ₹ 76.50 to ₹ 77, Targets ₹ 78.50, ₹ 80, ₹ 82, ₹ 85, Stop Loss ₹ 74.60. 4] Fedders Holding: Buy at ₹ 50, Targets ₹ 53, ₹ 54.80, Stop Loss ₹ 48.40. 5] Ugar Sugar Works: Buy at ₹ 51, Target ₹ 58, Stop Loss ₹ 48 (Closing Basis). Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
2 days ago
- Business
- Mint
Buy or sell: Vaishali Parekh recommends three stocks to buy today — 12 June 2025
Buy or sell stocks: The Indian stock market continued to trade volatile for the sixth straight session on Wednesday. The Nifty 50 index ended higher for the sixth straight session and finished at 25,141. The BSE Sensex gained 123 points and closed at 82,515, while the Bank Nifty index went off 169 points and closed at 56,459. Sectorally, oil & gas, IT, and pharma were the major gainers, demonstrating strength even in a consolidating market. However, Nifty PSU Banks, FMCG, and metal sectors ended the day in the red. In a change from recent trends, the Nifty Mid-cap and Small-cap indices broke their winning streak today. The Nifty Mid-cap 100 Index fell by 0.49%, while the Nifty Small-cap 100 Index went down by 0.53%. However, market breadth remained decisively positive, with advancing stocks significantly outpacing declining ones, as indicated by a BSE advance-decline ratio of 1.24. Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, believes the Indian stock market bias has turned slightly cautious as the Nifty 50 index slipped after hitting 25,200 levels. However, the key benchmark index has closed above 25,116, meaning the positive sentiment remains intact. The Prabhudas Lilladher expert said the 50-stock index is facing a hurdle at 25,200, and the index may soon touch 25,600 after breaking above 25,200 on a closing basis. Speaking on the outlook of the Nifty 50 today, Vaishali Parekh said, "The Nifty 50 index, after consolidating since the last two days, witnessed a volatile session with the initial half progressed ahead to scale the 25,200 zones while post-lunch session succumbed to profit booking to end near the 25,150 level with sentiment slightly turning cautious. The index has the 25,000 zones as the near-term support, while on the upside, the 25,500 level can be expected in the coming sessions once there is a breach above the hurdle of 25,200 levels, with overall bias maintained strong." "The Bank Nifty index has witnessed another session of profit booking to slip further from the peak made near the 57,000 zone, and with the 55,800 to 56,000 band maintained as the important support from the current level, the index is still in the strong territory but would need a decisive breach above the 57,000 level to anticipate for fresh upward move in the coming days to maintain the positive bias intact," said Parekh. Parekh said that today, support for the Nifty is at 25000 levels, while resistance is at 25,300. The Bank Nifty will have a daily range of 56,000 to 57,200. Regarding stocks to buy today, Vaishali Parekh recommended these three buy or sell stocks: Lloyds Enterprises, Lupin, and Natco Pharma. 1] Lloyds Enterprises: Buy at ₹ 73, Target ₹ 83, Stop Loss ₹ 70; 2] Lupin: Buy at ₹ 2028, Target ₹ 2150, Stop Loss ₹ 1980; and 3] Natco Pharma: Buy at ₹ 935, Target ₹ 1000, Stop Loss ₹ 900. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
01-05-2025
- Business
- Mint
Stock market in May: Nifty 50 delivered positive returns in six out of ten times; these sectors rallied the most
As the Indian stock market steps into the month of May, investors may want to pay closer attention to a subtle but recurring phenomenon: seasonality — a pattern of returns that tends to repeat at specific times of the year. An analysis by JM Financial reveals that Indian stock market indices, sectors, and select stocks often display consistent trends in the fifth month of the year. Over the past decade, the Nifty 50 has delivered positive returns in May six out of ten times, with an average return of 1.5% and a median return of 2%. The Nifty Mid-cap index mirrors this trend with green closes in six years, but with slightly lower gains — average return of 0.4% and median return of 1.2%. Interestingly, the Mid-cap index has outperformed the Nifty 50 on six occasions, albeit with mixed results, according to the JM Financial report. The average underperformance was 1.1%, while the median outperformance stood at 0.4%, suggesting varying levels of momentum across different years. The seasonality story becomes sharper when dissected at the sector level. In May, Auto and FMCG sectors stand out for their consistent and strong performance: - Auto: Closed higher in 8 of the last 10 Mays, delivering an average return of 3.9% and a median return of 4.9%. It also outperformed the Nifty on 8 occasions with an average outperformance of 2.4%. - FMCG: Also green in 8 out of 10 years, clocking an average return of 3% and a median return of 2.6%, with consistent outperformance vs. the Nifty on 7 occasions. - Banks, Financials, and MNCs – each up 7 times, with average returns ranging from 2% to 2.5%. On the flip side, no sector closed in the red in 7 or more years. However, in terms of relative underperformance vs. Nifty - Metals and Pharma underperformed in 8 out of 10 years, posting average relative losses of 2.9% and 4.2%, respectively. - Energy and Media sectors also lagged behind the benchmark in 7 years, with average underperformance of 1.8% and 1.5%. Among F&O stocks, a few names have demonstrated a high probability of delivering strong positive returns in May: - Mahindra and Mahindra (M&M) Conversely, certain stocks have shown a tendency to underperform during May, closing in the red 70% of the time with >3% average losses: While past performance is no guarantee of future results, seasonality trends can offer an additional layer of insight when planning trades or reviewing sector allocations. As May unfolds, Auto and FMCG stocks could be worth a closer look, while exposure to Metals and Pharma might warrant caution. For stock pickers, aligning with historically strong names like M&M or HAL could add a seasonal edge to their strategy. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions. First Published: 1 May 2025, 11:04 AM IST
