Tag Archives: return

Unichem to return 50% of proceeds from Torrent deal to shareholders

Unichem has entered into a definitive agreement with Torrent Pharma to sell its branded formulations business in India and Nepal for Rs3,600 crore. Mumbai: Unichem Laboratories Ltd plans to return to its shareholders more than 50% of net proceeds it will receive from the sale of domestic formulations business to Torrent Pharmaceuticals Ltd. It will use the rest to expand its ... Read More »

F&O expiry could be in range of 10,200-10,400; 4 stocks which could give up to 11% return

The Nifty50 hit historic high in opening trade in Wednesday’s session and closed at historic levels of 10,295.35. The Nifty Bank rallied 4 percent on Wednesday session with strong volumes seen on charts, after the government announced Rs 2.11 lakh crore recapitalisation for PSU banks. Technically, the Nifty has given a double bottom breakout last week only as mentioned in ... Read More »

Nifty likely to head towards 10,600; 3 stocks which could give up to 22% return in 6 months

The Nifty gapped up above last five session’s narrow trading range to signal resumption of the upward momentum after the brief consolidation near the recent breakout area of 10,170. The higher base building process above the recent breakout area and the upper band of the last three months consolidation range provided the platform for the continuation of the upward momentum ... Read More »

‘Less tax, no input credit’ plan for small businesses may return soon

The composition scheme, which is applicable to specific categories of small businesses whose turnover is Rs 75 lakh and below and had been closed on August 16, may return soon. With just about a million taxpayers opting for the scheme, the goods and services tax (GST) Council will consider reopening the window in its meeting on Saturday in Hyderabad, giving another opportunity ... Read More »

Nifty likely to consolidate below 10,115; 5 stocks which can give up to 17% return

The index after a lot of struggle, successfully crossed the milestone of 10,000 mark in the week gone by. The Nifty50 made an all-time high at 10,114.85 on the expiry day, but we have seen some profit booking coming through in the last session as it closed at 10,014.50, still up by 99.25 points or 1 percent for the week. ... Read More »

Brace for volatility in F&O week; 5 stocks which can give up to 14% return in 2 months

Indian market witnessed a volatility week as benchmark indices closed marginally higher but over their crucial support levels. The Nifty50 closed 0.29 percent higher at 9,915 and the S&P BSE Sensex ended above 32,000 for the week ended 21 July. The Nifty50 index is trading at its all-time high and the recent up move in the index has not been ... Read More »

Majority of stocks showing fresh breakouts! 5 stocks which can give up to 8% return

A break above 9,700 and renewed buying interest in Bank Nifty has brushed aside the concerns of June’s steep fall from the peak 9,699. The market’s focus has turned holistic with midcap and smallcap staging rallies of 6 and 7 percent, respectively from their recent lows. Both indices are trading below the May 2017 peak. Within these spaces, majority of ... Read More »

Nifty likely to remain volatile this week; 5 stocks which can give up to 18% return in short term

The Nifty continued with the downward spiral in its daily chart for the third week in a row, indicating a slothful movement in an upcoming session. Despite closing on a positive bias in Friday’s trade, Nifty failed to cohere above its psychological support level during the closing period of trade on the backdrop of selling pressure coupled with mounting concerns ... Read More »

BSE small-cap gives 72% return, Sensex 34% in 3 years

Blue-chip index Sensex and S&P BSE LargeCap companies have shelled out a return of 34.24% and 38.56%, respectively. Photo: Hemant Mishra/ Mint Mumbai: With 72% return to investors, S&P BSE SmallCap index has outperformed the Sensex and large-cap indices in the three-year period ended 31 May. While the small-cap index of the BSE has given a return of 72.11%, S&P ... Read More »

Book profits @ 9700 on Nifty; 5 stocks which can return up to 14% in short term

The Nifty closed above its crucial psychological level of 9,650 on Friday but Call writing at strike prices 9,700 and 9,800 is likely to act as stiff resistance levels for the index. Traders are advised to book profits as the index approaches 9,700 this week. The Nifty consolidated in a narrow range throughout this past week as the index closed ... Read More »