ET Edge ’s Post

Nifty below 24,000, Sensex down 200 pts; auto, bank, telecom under pressure Britannia Industries, HUL, HCL Technologies, Cipla and Adani Ports are among the top gainers on the Nifty, while losers are HDFC Life, Bharti Airtel, SBI Life Insurance, Shriram Finance AND HDFC Bank. Among sectors, except auto, bank and telecom, all other indices are trading in the green. BSE Midcap and Smallcap indices up 0.5 percent each.

🏦🎊Mint Annual BFSI Summit & Awards, 17th Edition, scheduled for 17th January 2025 in Mumbai. 🗞️🗞️🎊🎊🎊🎊 🎊🎊Theme:🏦🏦🏦🏦 "Financial Services for a Resilient India" Focus on how financial services contribute to economic empowerment and growth. Topics include digital transformation (JAM Trinity, UPI) and building a stronger financial ecosystem amidst global disruptions. 🎊🎊Key Speakers: M. Rajeshwar Rao (Deputy Governor, RBI) Ananth Narayan G. (Whole-Time Member, SEBI) Deepak Sood (Whole-Time Member, IRDAI) Deepak Mohanty (Chairperson, PFRDA) Navneet Munot (MD & CEO, HDFC Asset Management) Sankaran Naren (ED & CIO, ICICI Prudential Mutual Fund) Vidya Krishnan (Deputy MD (IT), SBI) Shahier Daya (Chief Product and Technology Officer, Zafin) Anubrata Biswas (MD & CEO, Airtel Payments Bank) Madhurima Mukherjee (Partner - Capital Markets, JSA Advocates & Solicitors) Nirav Shah (MD - Investment Banking, Equirus) Sriram Iyer (CEO, HDFC Pension) Shobana Chawla (ED - Sustainable Finance, Standard Chartered Bank) Animesh Das (MD & CEO, ACKO General Insurance) Manish Shah (MD & CEO, Godrej Capital) #Bhautik_Tarpara✍️✍️✍️ #B_Tarpara📣📣📣📣 #NSE_INDEX #NIFTY50 #SENSEX #Technicalanalaysis 📈📈 #longtermInvestment 🏦🏦💵💵💵💵 #NSEindia🏦🏦 #BSEindia🏦🏦🏦 #Valuation #Research_Analyst 📰📰📰 #Equity_Research #Fundamental_Analysis #Fund_Management #PMS #AIF💷💷💷💷 #buffet💴💴💴💴 #value Investing 💶💶💶💶 #Mutual fund 💵💵💵💵

Is It the Right Time To Invest In? NTPC, HDFC Bank, GRASIM And M&M Are Top Gainer. As market conditions fluctuate and new investment opportunities arise, several stocks have emerged as top gainers, prompting investors to consider whether it is the right time to invest. NTPC, HDFC Bank, Grasim, and Mahindra & Mahindra (M&M) have shown impressive performance recently, making them attractive options for potential investment. Here’s a closer look at why these stocks are currently gaining traction. Watch: https://lnkd.in/eF3kSjUe | #modinomics #marketclosing #marketclosingbell #marketlive #markettrends ICICIdirect | Punjab National Bank | Siemens | BXI - Barter Exchange of India

In a recent interview with CNBC-TV18, Varun Lohchab Head of Institutional Research at HDFC securities shared his strategic market outlook. He discussed adjustments in the model portfolio, notably trimming exposure in #Industrials and #RealEstate while increasing allocations in #Banking and #ConsumerStaples. Lohchab expressed a preference for Jubilant Foodworks over Britannia, and TCS over Emphasis. He forecasts a 5.7% earnings growth for FY25 within the coverage universe, with corporate earnings in India projected to grow at a 10-12% CAGR over the next few years. His top banking picks include ICICI Bank, SBI, and Federal Bank, while he remains cautious about near-term banking sector performance but optimistic about medium-term potential. For a deeper dive into these insights, watch the full interview here: https://lnkd.in/d7minyxx

Good team work always gives great results

In a recent interview with CNBC-TV18, Varun Lohchab Head of Institutional Research at HDFC securities, shared his strategic market outlook. He discussed adjustments in the model portfolio, notably trimming exposure in #Industrials and #RealEstate while increasing allocations in #Banking and #ConsumerStaples. Lohchab expressed a preference for Jubilant Foodworks over Britannia, and TCS over Emphasis. He forecasts a 5.7% earnings growth for FY25 within the coverage universe, with corporate earnings in India projected to grow at a 10-12% CAGR over the next few years. His top banking picks include ICICI Bank, SBI, and Federal Bank, while he remains cautious about near-term banking sector performance but optimistic about medium-term potential. For a deeper dive into these insights, watch the full interview here: https://lnkd.in/d7minyxx

Equity allocation in Balanced Advantage Funds today: SBI 32% Bandhan 39% TATA 44% Mirae 48% UTI 51% ICICI 52% HDFC 54% Aditya Birla 55% Nippon 62% Franklin 62% Axis 64% Edelweiss 71%

Panel Discussion: Hyper-Personalisation in BFSI: Rethinking Financial Services through Customer-Centric Data Deepak Teck Chandani, Chief Data Officer, Angel One Broking Instead of a product-focused approach to selling, we should embrace a customer-centric strategy. This involves understanding what customers need at their specific stage in life, at their particular location, and beyond. By shifting from merely selling to genuinely serving customers' needs, we cater to their preferences and develop the right products tailored for them. This approach is crucial for delivering a hyper-personalised experience, which is increasingly important in today's market. Venue: Radisson Blu Resort Goa Cavelossim Beach For Event Details, Visit here: https://bit.ly/3XhnbKy #BFSIGamechanger #BankingFinancePost #GoldenJubileeEdition #BFSI #GameChangerSummit #FinancialInnovation #IndustryLeadership #EletsGamechanger #EletsBFSI #Innovation #Leadership #Goa Elets Technomedia | Tejasvi Addagada | HDFC Bank | Abinash Adhikari | Zuno General Insurance | Paritosh Vatsal Tripathi | Signzy | Sarabjeet Singh | Ankit Jain | OneXtel Media | Vinod G | South Indian Bank | swaminathan krishnamoorthy | ESAF Bank 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐔𝐩𝐜𝐨𝐦𝐢𝐧𝐠 𝐈𝐧𝐢𝐭𝐢𝐚𝐭𝐢𝐯𝐞𝐬: https://bit.ly/3R9MbPM DM for queries at bfsi@elets.co.in

𝗧𝗼𝗽 𝗜𝗻𝗱𝗶𝗮𝗻 𝗙𝗶𝗿𝗺𝘀 𝗟𝗼𝘀𝗲 𝗥𝘀 𝟭.𝟱𝟱 𝗟𝗮𝗸𝗵 𝗖𝗿𝗼𝗿𝗲 𝗶𝗻 𝗠𝗮𝗿𝗸𝗲𝘁 𝗖𝗮𝗽; 𝗥𝗜𝗟 𝗛𝗶𝘁 𝗛𝗮𝗿𝗱𝗲𝘀𝘁 Six of India's top 10 most valued companies saw a combined market cap decline of Rs 1.55 lakh crore last week, driven by a weak stock market trend. Reliance Industries led the losses, shedding Rs 74,563 crore to a valuation of Rs 17.38 lakh crore. Other major losers included Bharti Airtel and ICICI Bank. In contrast, TCS and HDFC Bank gained, adding Rs 57,745 crore and Rs 14,678 crore respectively. #finance #StockMarket #RelianceIndustries #MarketCapLoss #TopCompanies Source:- https://lnkd.in/g2Q7ktxG