Latest news with #NiftySmallcap
Mint
16 hours ago
- Business
- Mint
Stock Market Strategy: InCred Equities lists 21 stocks to buy this June
Even as benchmark indices like the Sensex and Nifty have managed to notch up returns of approximately 4 percent in calendar year 2025, Indian equity markets have remained volatile amid rising global trade tensions and domestic geopolitical concerns. The broader market has presented a mixed picture, with the Nifty Midcap 100 index gaining around 1.4 percent, while the Nifty Smallcap index has declined 2.7 percent year-to-date. In this backdrop, domestic brokerage firm InCred Equities has released its latest list of stock ideas for June 2025. The firm has adopted a selective and risk-aware approach, recommending 21 stocks with an 'Add' rating and advising investors to trim exposure in three others. According to InCred Equities, two macroeconomic indicators could offer near-term support to equity markets: a favourable monsoon forecast and robust GVA growth. The India Meteorological Department (IMD) has projected above-normal rainfall this year—106 percent of the long-period average—which bodes well for agriculture, rural demand, and consumer sentiment. While the southwest monsoon hit Kerala earlier than usual, further progress is expected to pause until June 10. On the economic front, the National Statistical Office (NSO) reported a 6.8 percent year-on-year growth in real Gross Value Added (GVA) during Q4FY25—the fastest in the last four quarters. This was driven by strong agricultural performance, and InCred expects India's GDP growth to maintain momentum with support from stable crude oil prices and improved rural prospects. Corporate earnings also stayed on track. As per CMIE data, PAT for nearly 4,000 listed firms grew by 9 percent Y-o-Y in Q4FY25, mirroring the previous quarter's performance. Meanwhile, Nifty50 companies posted a 5 percent Y-o-Y EPS growth, slightly surpassing Bloomberg consensus estimates. For June 2025, InCred Equities has provided a comprehensive segment-wise list of stock recommendations: The brokerage has suggested adding nine largecap stocks, including HDFC Bank, Tata Consultancy Services (TCS), and Bajaj Finance. Others include Maruti Suzuki, Axis Bank, UltraTech Cement, Bajaj Auto, Shriram Finance, and Lupin. However, it has 'reduce' call on two largecaps due to valuation concerns and near-term headwinds - InterGlobe Aviation and Tata Steel. Four midcap stocks have been assigned an 'Add' rating, including Ajanta Pharma, Petronet LNG, Concor and UPL. Technical indicators also support UPL's momentum in the current environment. A more aggressive stance was taken in the smallcap space, with eight stocks receiving an 'Add' rating. Notable mentions include Birla Corporation, Ethos, and Skipper. However, Clean Science and Technology was downgraded to 'Reduce' based on fundamental pressures. Others include Deepak Fertilisers, Thyrocare Tech, TCPL packaging, Camlin Fine Sciences, and Globus Spirits. Camlin Fine Sciences was added to the list after signs of stabilization in its vanillin plant and the imposition of anti-dumping duties in the US, which are expected to improve its profitability outlook. Adani Ports and Special Economic Zone was removed from the list as its market price neared InCred's target, prompting a profit booking recommendation. Cipla was also dropped due to margin pressure stemming from product mix-related issues. Other technical trend-favoured stocks included UPL, Skipper, and Petronet LNG, where chart setups supported potential upside. In conclusion, InCred Equities' June 2025 strategy reflects a balanced stance amid macroeconomic positives and geopolitical uncertainties. The brokerage's cautious optimism is shaped by early monsoon signals, strong GVA numbers, and steady earnings growth. With 21 stocks receiving an 'Add' rating and a preference for select opportunities across market capitalizations, the list aims to help investors navigate the current volatility while maintaining exposure to long-term growth stories. As global cues continue to influence domestic sentiment, stock selection and disciplined allocation remain key to portfolio outperformance. 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.
India Today
18 hours ago
- Business
- India Today
Sensex down over 200 points, Nifty below 24,800; Tata Steel gains 1%
Benchmark stock market indices opened lower on Friday, despite hopes of a rate cut from the Reserve Bank of India's (RBI) monetary policy committee (MPC).The S&P BSE Sensex was down by 197.18 points to 81,244.86, while the NSE Nifty50 lost 50.70 points to 24,700.20 as of 9:55 VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said that in today's monetary policy the RBI is likely to cut policy rates by 25 bp."This is already factored in by the market. More important will be the RBI commentary on growth and inflation projections for FY26. If the inflation forecast is cut from 4% the market would respond positively," he Bank led the charge on Sensex in early trade, surging 1.11%, followed by Tata Steel which jumped 0.84%. NTPC also opened up, climbing 0.52%, while Adani Ports and Special Economic Zone rose 0.24%. PowerGrid Corporation of India rounded out the top five gainers with an increase of 0.22%. However, some stocks faced selling pressure as trading commenced. Bajaj Finserv was the worst performer in early trade, declining 0.72%, while Tata Motors retreated 0.67%. ICICI Bank also opened lower, falling 0.60%, and Bajaj Finance dropped 0.25%. Bharti Airtel completed the list of top five losers with a decline of 0.25%."Uncertainty, which has been looming large on the global economic horizon, has spiked with the open spat between President Trump and Elon Musk. This unprecedented clash between two of the world's most powerful and mercurial personalities will have its consequences on the policies of the US administration," said sectoral indices on NSE opened with mixed performance in early trade. Nifty Midcap 100 rose 0.06% and Nifty Smallcap gained 0.06%. The India VIX edged up marginally by 0.01%, showing stable volatility levels as trading sectors opened in positive territory. Nifty Realty was the top performer, climbing 0.73%, followed by Nifty Metal gaining 0.61% and Nifty Pharma up 0.28%. Other gainers included Nifty FMCG rising 0.18%, Nifty Oil & Gas advancing 0.12% and Nifty PSU Bank gaining 0.07%.However, many sectors faced early selling pressure. Nifty Media was the worst hit, declining 0.94%, while Nifty IT fell 0.38% and Nifty Financial Services dropped 0.32%. Nifty Healthcare also retreated 0.32%, Nifty Auto declined 0.28%, Nifty Private Bank fell 0.21% and Nifty Consumer Durables dropped 0.02%.
Hans India
a day ago
- Business
- Hans India
Trade Setup for June 6: Nifty eyes RBI cue to breakout towards 25,000+
Indian equities saw a volatile but rangebound session on June 5, with the Nifty 50 closing at 24,751, up 131 points. Despite midday gains of nearly 200 points, the index gave up most of them before ending higher. Support at 24,500 remains strong, keeping the bullish bias intact. 🔑 Key Technical Levels Support: 24,500 Immediate Resistance: 24,900 Breakout Trigger: Sustained close above 24,900 could open doors to 25,000+ 🏦 Eyes on RBI Markets are pricing in a 25 bps repo rate cut by the RBI on June 6 — the third cut this year. A deeper cut could spark bullish sentiment and push Nifty past its current ceiling. 💹 Sector & Stock Highlights Outperformers: Realty, Pharma, Healthcare Underperformers: PSU Banks, Auto, Media Top Gainers: Eicher Motors, Trent, Dr Reddy's Top Laggards: IndusInd Bank, Tata Consumer, Axis Bank Buzzing Stocks: Reliance Industries (+1%) on JPMorgan upgrade DLF, Godrej Properties on continued realty rally Hindustan Zinc (+6%) amid record silver prices 📊 Broader Market Trends Nifty Midcap 100: +0.53% Nifty Smallcap 100: +0.96% (4-month high) 📉 Analyst Views Golden crossover on Nifty's daily chart hints at short-term uptrend (Rupak De) Base formation near 24,500 supports bullish continuation (Devarsh Vakil) Watch for a decisive break above 24,900 for momentum to pick up (Om Mehra) Strategy for Traders: Long bias if Nifty holds above 24,500 and breaks past 24,900 Cautious near resistance if RBI outcome disappoints Watch rate-sensitive sectors (Realty, Banks, Auto) closely post-policy
India Today
2 days ago
- Business
- India Today
Sensex rallies over 400 points: Why is stock market rising today?
The stock market opened higher on Thursday, with Sensex and Nifty extending their gains from the last sesion. The rally was mainly driven by buying in pharma and healthcare stocks, along with support from positive global of 9:44 am, the S&P BSE Sensex had jumped 404.22 points to reach 81,402.47. The NSE Nifty50 was also up by 117.60 points at 24, HEALTHCARE LEAD THE GAINSMost sectors started the day in green. Nifty Pharma was the top performer, rising 1.05%, followed by Nifty Healthcare which gained 0.94%. The broader markets also joined the rally, with the Nifty Midcap 100 up by 0.34% and Nifty Smallcap rising 0.74%.Other sectors that saw gains included Nifty Oil & Gas (up 0.58%), Auto (up 0.47%), Metal (up 0.46%), Media (up 0.40%), IT (up 0.29%), Financial Services (up 0.26%), Realty (up 0.21%), Private Bank (up 0.19%), Consumer Durables (up 0.17%), and FMCG (up 0.10%).The only sector to open lower was Nifty PSU Bank, which slipped by 0.22%.The India VIX, which measures market volatility, dropped by 3.41%, indicating lower fear levels among traders and GLOBAL CUES SUPPORT MARKET SENTIMENTIndian markets also tracked gains in other Asian markets. The MSCI Asia ex-Japan index rose 0.5%, led by Hong Kong and South Korean shares. South Korea's market hit an 11-month high following post-election support came from lower US Treasury yields and a weaker US dollar. These changes are usually positive for emerging markets like India as they attract foreign SENTIMENT BOOSTED BY RATE CUT HOPESMarket mood was also lifted by growing hopes that the Reserve Bank of India (RBI) might cut interest rates during its ongoing Monetary Policy Committee (MPC) meeting, which started on June 4 and will end on June Bathini, Director of Equity Strategy at WealthMills Securities, said, 'Markets are showing strength with investors buying on every dip. Global cues and some easing in geopolitical tensions are helping the recovery. The fact that the market bounced back from around 23,600 levels on Nifty is a good sign. Ahead of the RBI policy decision, investors can watch banking and financial services stocks.'Ajit Mishra, Senior Vice President of Research at Religare Broking Ltd, said that most market watchers are expecting a 25 basis point cut in the repo rate.'Easing inflation could support this move, and if the cut happens, it would benefit sectors like banking, auto and real estate. Stocks like HDFC Bank, Kotak Bank, M&M, Eicher Motors and Lodha are some of the names that traders may watch closely," he also pointed out that the RBI's comments on future rate decisions will be important. Investors will look for signals on how the central bank views the economy, especially at a time when monsoon conditions seem good, but global trade still faces The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)Must Watch
India Today
4 days ago
- Business
- India Today
Sensex down 150 points, Nifty below 24,700; Adani Ports falls 3%
Benchmark stock market indices opened lower on Tuesday, as they continued their consolidation phase without any fresh triggers, as investors remained cautious over global S&P BSE Sensex was down by 226.44 points to 81,147.31, while the NSE Nifty50 fell by 45.05 points to 24,671.55 as of 9:29 VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said that with a lot of uncertainty in geopolitics, tariffs and trade, the market will continue to remain "Therefore, investors may persist with the strategy of buying on dips. During a consolidation phase, where the market moves within a range, buy on dips is the ideal strategy. And this strategy is working well now," he surged 0.89%, while Mahindra & Mahindra rose with gains of 0.61%. Tata Steel also opened positively, climbing 0.47%, followed by IndusInd Bank, which rose 0.37%. Tata Motors rounded out the top five gainers with an increase of 0.26%.Adani Ports and Special Economic Zone was the worst performer, plunging 1.52% right after the opening bell. Larsen & Toubro also faced heavy selling, declining 1.35%, while Bajaj Finance retreated 1.31%. Hindustan Unilever opened lower by 1.01%, and Bharti Airtel completed the list of top five losers with a drop of 0.99%.Nifty Midcap100 opened marginally lower by 0.01%, while Nifty Smallcap showed resilience with gains of 0.40%. The India VIX rose 0.72%, suggesting some nervousness in the market at the start of sectors managed to open in positive territory, with Nifty Realty leading the gainers at 0.65%, followed by Nifty PSU Bank which climbed 0.62%. Nifty Metal also posted solid gains of 0.44%, while Nifty Pharma advanced 0.33% and Nifty Media rose 0.21%. Nifty Auto and Nifty Oil & Gas showed modest gains of 0.10% and 0.02% the other hand, several key sectors faced early selling pressure. Nifty Private Bank was the worst performer, declining 0.73%, while Nifty IT fell 0.40% and Nifty Consumer Durables dropped 0.34%. Nifty Healthcare retreated 0.30%, while Nifty FMCG edged lower by 0.16% and Nifty Financial Services declined 0.14%.(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)Must Watch
