“This bull market is supported by rising earnings of corporates and very strong liquidity.â€
Shares of Hindalco, which primarily produces aluminium, have risen 102 per cent year-to-date, doubling investor money in less than nine months. The rally comes on top of a modest 11 per cent jump last year.
“I am positive on real estate, building material, export-oriented themes -- whether it is specialty chemicals, pharma, API, STEMs or IT segment -- across the board. This is going to be a broad-based rally. Even though I am positive on these, there are a lot of sectors which would do well. â€
“Whether it is the cigarettes business or the other FMCG business or also hotels business, going ahead we are likely to see a marked improvement. It makes a lot of sense to add ITC at these levels.â€
The market is now driven by momentum with valuations on the back burner. Even FIIs who were skeptical about valuations and sold heavily in July have come back strongly and are chasing the momentum, said an analyst.
Container Corporation of India Ltd., incorporated in the year 1988, is a Large Cap company (having a market cap of Rs 44792.27 Crore) operating in Logistics sector.
"Cryptocurrency enthusiasts: you likely know @AMCTheatres has announced we will accept Bitcoin for online ticket and concession payments by year-end 2021. I can confirm today that when we do so, we also expect that we similarly will accept Ethereum, Litecoin and Bitcoin Cash," Aron said in a tweet on Wednesday.
The deputy governor’s comments will be music to the ears of the equity market, which may sense a longer-than-expected continuation of easy money policies in the country and the ongoing liquidity party.
GAIL (India) Ltd. key Products/Revenue Segments include Gas Natural, Polymers, Sale of services, Propane, Other Operating Revenue, Compressed Natural Gas (CNG), Power, Oil Crude and Income From Telecom for the year ending 31-Mar-2020.
The Nifty Auto index was trading 0.78 per cent up at 10431.8.
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