TVS Motor: Up 77% in last 1 year, the auto stock is Axis Securities' pick of the week; here's why

The stock has surged over 77 percent in the last one year and 19 percent in 2023 YTD, giving positive returns in 4 of the 6 months of the current calendar year. The brokerage has a ‘buy’ call on the stock with a target price of ₹1,450.

Indian economy set for strongest growth phase since 2010 but limited upside for markets in near term, says Nomura

Even though the economy is set for its strongest growth phase, Nomura believes that the Indian market will have limited upside potential in the near term. It, however, sees foundations in place for sustainable growth over the medium to long term, it added.

One should invest in Indian market for at least 3-4 years, says Sunil Damania of MarketsMojo

In an interview with MintGenie, Damania noted that the Indian equity market provides excellent investment opportunities and no investor should enter the market with a one-year time horizon.

New IPO: IKIO Lighting opens for subscription; should you go for it?

The IPO comprises of a fresh equity issue of up to ₹350 crore and an offer for sale (OFS) of up to 90 lakh shares. Under the OFS, promoters Hardeep Singh will offload 60 lakh shares and Surmeet Kaur will sell about 30 lakh shares.

At all-time high! Mazagon Dock Shipbuilders surges 38% in 8 sessions on stellar Q4 earnings

Mazagon Dock Shipbuilders has also given multi-bagger returns in the last one year, rising as much as 245 percent. Meanwhile, it is up 34 percent in 2023 YTD, giving positive returns in 4 of the 6 months of the current calendar year so far.

June stock picks: Axis Securities lists 5 largecap stocks with up to 23% upside potential

After a positive May, Axis Sex believes that while medium term outlook remains positive but near term can be volatile. It is a ‘Buy on Dips’ market and advised investors to maintain liquidity &amp; use dips to buy high-quality cos with an 12-18 month horizon. Here are its top largecap picks for June:

FPI inflows at 9-month high in May! Will this trend continue?

FPIs continued their bullish trend in the Indian market for the third straight month, pumping in ₹43,838 crore in May. This is the highest investment by FPIs in 9 months, since August.

54% of NSE500 stocks delivered multibagger returns in 20 years! GS lists 6 traits they have in common

stocks

As per the report, in India, more than half (54 percent) of the NSE500 - 269 stocks - have generated multibagger returns, the largest proportion of multibaggers among the 10 markets versus 30 percent and 20 percent averages for EM and DM, respectively.

Indian market can hit peak if current positive trend continues or US Fed pauses rate hike: Sonam Srivastava

Sonam Srivastava, Founder of Wright Research, an investment advisory firm, believes that the Indian market can hit its peak if the current positive trend continues or if the Federal Reserve pauses interest rate hikes.

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