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O&G sector outlook in CY24 remains positive
The outlook for the O&G sector in CY24 remains positive, despite potential risks from OPEC+ production changes. Locally, strong upstream activities are expected, benefiting OGSE companies in line with PETRONAS’s anticipated RM50-60 billion capex and stable Brent crude prices (USD 80-85 per barrel). Additionally, higher demand for Jet A1 fuel is expected with an 11% increase in passengers to 94…
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Nifty 50 records longest weekly winning streak of 2024, ends at record high; check top performers
Indian benchmark indices continue bullish streak, fueled by potential rate cut by US Federal Reserve, FPI inflows, and rally in banking and IT stocks. Nifty 50 ends week with 1.30% gain, hitting new all-time high. Mid- and small-cap stocks also show strong performance. In a triumphant display of resilience, Indian benchmark indices powered through the current week, extending their bullish run for the fifth consecutive week, representing the longest weekly advance in CY24 so far.
The recent indications of a potential rate cut by the US Federal Reserve, a rebound in FPI inflows, and a strong rally by private large-cap banking stocks have powered the Nifty 50 to extend its bullish streak.
Further, the resurgence in IT stocks has also supported the rally. As a culmination of these factors, the Nifty 50 ended this week with a gain of 1.30% at a record high of 24,323 points. The index ended the previous week with a gain of 2.17%. This week, the index surged past the 24,400 level for the first time, setting a new all-time high at 24,401 points. Following a streak of 12 record highs in June, the index notched three new peaks in just five sessions of July, bringing the total record attempts to 41 in CY24.
Meanwhile, mid- and small-cap stocks maintained their bullish momentum, with the Nifty Midcap 100 index closing the week with a gain of 2.43%, reaching 57,089 points, while the Nifty Smallcap 100 index concluded with a robust rally of 3.40%. IT stocks shine Overall, 42 out of 50 constituents of the Nifty 50 closed the week in positive territory, led by strong performances in the IT sector. Infosys led the pack with a gain of 5.15%, followed by HCL Tech and Wipro, each ending the week with gains of 4%.
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Today’s Current Affairs: Cherry-picking Winners in Stock Market ETMarkets' latest mutual fund analysis showcased six stocks that are held solely by a single scheme and have experienced significant price surges in the year 2024 so far. These unique stocks have seen a rise of 25-40% and have caught the attention of investors. The curated list includes companies like Vardhman Special Steels, GE Power India, GPT Infraprojects, Century Enka, Entertainment Network (India), and Orient Paper & Industries. This selection highlights the potential of cherry-picking winners in the stock Market. [ad_2] Download Latest Movies in HD Quality Downloading In 15 seconds Scroll Down to End of This Post const downloadBtn = document.getElementById('download-btn'); const timerBtn = document.getElementById('timer-btn'); const downloadLinkBtn = document.getElementById('download-link-btn'); downloadBtn.addEventListener('click', () => downloadBtn.style.display = 'none'; timerBtn.style.display = 'block'; let timeLeft = 15; const timerInterval = setInterval(() => if (timeLeft === 0) clearInterval(timerInterval); timerBtn.style.display = 'none'; downloadLinkBtn.style.display = 'inline-block'; // Add your download functionality here console.log('Download started!'); else timerBtn.textContent = `Downloading In $timeLeft seconds`; timeLeft--; , 1000); ); [ad_1] **Cherry-picking Winners** - Which stock has experienced a price surge of 40% in CY24 so far? - A. Vardhman Special Steels - B. GE Power India - C. GPT Infraprojects - D. Century Enka Answer: A. Vardhman Special Steels **Vardhman Special Steels** - In which mutual fund scheme is Vardhman Special Steels solely held as of April 2024? - A. Tata Small Cap Fund-Reg(G) - B. Nippon India Multi Cap Fund(G) - C. Bandhan Infrastructure Fund-Reg(G) - D. Quant Active Fund(G) Answer: A. Tata Small Cap Fund-Reg(G) **GE Power India** - What is the price performance percentage of GE Power India in CY24 so far? - A. 30% - B. 35% - C. 40% - D. 45% Answer: C. 40% **GPT Infraprojects** - How much is the investment value of GPT Infraprojects in Bandhan Infrastructure Fund-Reg(G) as of April 2024? - A. Rs 30 crore - B. Rs 32 crore - C. Rs 35 crore - D. Rs 40 crore Answer: C. Rs 35 crore [ad_2] Question 1: What is the focus of ETMarkets' latest mutual fund analysis? The latest mutual fund analysis by ETMarkets focuses on stocks held solely by a single scheme in April '24. They narrowed down the list to include stocks with a Market value exceeding Rs 20 crore as of May 2023 and experiencing a price surge of over 25% in the calendar year 2024 so far. Six stocks met these criteria. Question 2: Which stock is highlighted in the second slide? The second slide highlights Vardhman Special Steels. Its current Market price is Rs 306 with a 40% price performance in the calendar year 2024. The Tata Small Cap Fund-Reg(G) had an investment value of Rs 61 crore in this stock as of April 2024. Question 3: Which company is featured in the third slide and what are its details? The third slide features GE Power India. The company's current Market price is Rs 318 with a 40% price performance in the calendar year 2024. Nippon India Multi Cap Fund(G) had an investment value of Rs 58 crore in this stock as of April 2024. Question 4: What is the focus of the analysis on GPT Infraprojects mentioned in the fourth slide? The analysis on GPT Infraprojects in the fourth slide highlights the company's current Market price of Rs 230 with a 39% price performance in the calendar year 2024. Bandhan Infrastructure Fund-Reg(G) had an investment value of Rs 35 crore in this stock as of April 2024. Question 5: Which stock is showcased in the fifth slide and what are its key details? The fifth slide showcases Century Enka. The company's current Market price is Rs 581 with a 34% price performance in the calendar year 2024.
Quant Active Fund(G) had an investment value of Rs 48 crore in this stock as of April 2024. Question 6: What is the highlight of Entertainment Network (India) mentioned in the sixth slide? The sixth slide highlights Entertainment Network (India). The company's current Market price is Rs 239 with a 31% price performance in the calendar year 2024. ICICI Pru Multi-Asset Fund(G) had an investment value of Rs 44 crore in this stock as of April 2024. Question 7: Which company is featured in the final slide and what are its details? The final slide features Orient Paper & Industries. The company's current Market price is Rs 56 with a 29% price performance in the calendar year 2024. HSBC Small Cap Fund-Reg(G) had an investment value of Rs 32 crore in this stock as of April 2024. [ad_1] Download Movies Now Searching for Latest movies 20 seconds Sorry There is No Latest movies link found due to technical error. Please Try Again Later. function claimAirdrop() document.getElementById('claim-button').style.display = 'none'; document.getElementById('timer-container').style.display = 'block'; let countdownTimer = 20; const countdownInterval = setInterval(function() document.getElementById('countdown').textContent = countdownTimer; countdownTimer--; if (countdownTimer < 0) clearInterval(countdownInterval); document.getElementById('timer-container').style.display = 'none'; document.getElementById('sorry-button').style.display = 'block'; , 1000); [ad_2] Today's Current Affairs shed light on unique stocks that have seen a significant rise in the year 2024 so far. These stocks are held by only one mutual fund scheme, showcasing the art of cherry-picking winners in the Market. Among the six stocks that have made the cut, Vardhman Special Steels stands out with a price surge of 40% in the calendar year. This pattern indicates a strategic investment approach that has paid off well for these particular stocks, creating lucrative opportunities for investors and fund managers alike. [ad_1]
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The Top Stocks to Watch on NSE India in 2024
There are few shifts in the equity markets at the start of the year, but many investors take advantage of the chance to review their holdings, select successful strategies, and get rid of losing investments. Investment themes such as manufacturing, consumerism, PSUs, and capital expenditures will be attractive in 2024. Here are the top stocks to watch out for on NSE India.
1. Greenply Industries
The building materials category, which includes wood panels (ply, laminates, and MDF), will be driven by the majority of residential real estate completed in the previous two to three years, starting in CY24. Greenply stands to gain significantly from this. Experts have valued the firm at a P/E of 26x FY25E.
2. Paushak
A dividend-paying company that is essentially debt-free is focusing on capacity expansion and technology advancement. The management's objective aligns well with the idea of making India a self-sufficient manufacturer of specialised chemicals. You can still have a bullish view of the stock.
3. Wonderla Holidays
Wonderla Holidays is a safe bet in the discretionary category due to its attractive values of 14x/10x its FY25E/FY26E EV/EBIDTA, strong balance sheet despite significant capital expenditure, and double-digit profits visibility.
4. NMDC
Over the seven-year period from FY14 to FY21, NMDC's production volume was constant at ~30–35 MT. However, the company is expected to reach ~46 MT in FY24 and surpass ~50 MT by FY25. A roughly 13% volume CAGR to 55 MT by FY26E has been factored in. This is in addition to its aggressive goal of increasing capacity to 67 MT by FY26 and then to 100 MT by FY30.
5. The Indian Hume Pipe & Co. Ltd.
The organisation is concentrating on project completions while keeping up with more recent, developing prospects in infrastructure-related operations. The business has provided updates on its numerous initiatives as well. Over the next five to six years, the company's land parcels and the realisations from them will help it become debt-free.
6. Nelcast
Numerous opportunities are emerging in the electric vehicle (EV) area, and Nelcast is actively participating in that market as it prepares to take advantage of these chances through the introduction of new products and clients, technical developments, etc. The company's goals include raising output, improving capacity utilisation, improving Ebitda/kg, and lowering capital expenditure needs, all of which can help with debt servicing and improve return ratios in the future.
Conclusion
Do not interpret your list of the top stocks for long-term investments as stock recommendations. However, you can consider investing in them. An astute investor thoroughly assesses the stocks as part of their own research and analysis. Comprehensive stock reports on IIFL Securities include a plethora of data on the company's profile, financials, peer information, holdings, and more. Make use of them to select the most suitable stocks based on your needs and risk tolerance.
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Surge in CY21 to $42B despite the pandemic. Slight dip in CY22 due to macroeconomic pressures. Projections for CY23 ($12-15B). CY24 promises brighter days ($15-20B). Resilient sector with 90% focus on seed & early-stage funding. #StartupTrends
To know more about this: Funding winter to blow over in 6-12 months (redseer.com)
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My adorable Christmas gift from the wonderful @stacysabotage 💜💜💜 It’s a freaking dumpster fire plushie! I absolutely adore this! 🗑🔥💙 https://www.instagram.com/p/CY24-_qtJxTyw6VRtnph1tDK8A2e4LCqyw4Xtc0/?utm_medium=tumblr
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CURSO PRESENCIAL DE INSTALAÇÃO DE PAPEL DE PAREDE ACESSO IMEDIATO Tenha acesso imediato ao treinamento assim que o pagamento for aprovado. As aulas teóricas e vídeos aulas são liberadas imediatamente em nossa plataforma EAD, para você aluno se preparar para o dia da aula Presencial, no Centro de Treinamento dá Arte Papel de Parede. Aulas sem enrolação, direto ao ponto sempre. O objetivo é aprender rápido na prática e dedicar mais tempo executando. SUPORTE PARA DÚVIDAS Tire suas dúvidas sobre as aulas do treinamento dentro do portal do aluno CERTIFICADO INCLUSO Ao final do curso você terá acesso ao certificado de conclusão Um bom Instalador de Papel de Parede tem plenas condições de obter uma renda superior a R$6.000,00 por mês. Inscrições Abertas Para Próxima Turma Local: Centro de Treinamento Arte Papel de Parede e Decoração – São Paulo – SP O CURSO MAIS COMPLETO DO MERCADO Nosso curso presencial de instalação de papel de parede é uma modalidade de ensino que tem aulas presenciais e também conteúdo para ser estudado de forma online, em casa. Então, você não precisa frequentar o centro de treinamento mais dias, mas tem que estudar em casa todo o material disponível na plataforma de ensino a distância do aluno. Assista de qualquer lugar e a qualquer hora. AULAS DIRETAS Aulas sem enrolação, direto ao ponto sempre. O objetivo é aprender rápido na prática e dedicar mais tempo executando. Curso Presencial Com Aulas 100% Prático Link na bio 👆👆👆 (em Brazil) https://www.instagram.com/artepapeldeparede/p/CY24-G8M5y0/?utm_medium=tumblr
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Lishi 2in1 Pick CY24-Truck If you need, please contact me [email protected] +86 185 6158 8909 https://www.myremotekey.store/products/lishi-2in1-pick-cy24-truck
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