Amid a challenging market environment and uneven corporate earnings, Parag Thakkar from Fort Capital highlighted select blue-chip companies and FMCG stocks as attractive opportunities for long-term investors, particularly those looking for “contra” bets. Discussing Hindustan Unilever (HUL), Thakkar noted the stock’s prolonged underperformance but expressed confidence in its future. “We have recently bought 4% weight…
In a discussion with ET Now, market expert Nischal Maheshwari shared his take on the recent market movements, highlighting sectors that are catching investor attention and those that warrant caution. Asian Paints: A Trading Bounce Commenting on the recent surge in Asian Paints’ stock, Maheshwari described it as “more of a trading bounce” rather than…
Why Stock Market Is Rising Today: Indian stock markets rallying high at midday on Monday, August 18, supported by two major positives. First, Prime Minister Narendra Modi’s announcement of next-generation GST reforms expected by Diwali 2025. Second, S&P Global Ratings upgrading India’s sovereign credit rating from ‘BBB-’ to ‘BBB’ with a stable outlook. By 12:40 PM,…