* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, October 3, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Taylor Swift Releases New Album The Life of a Showgirl : Listen and Read the Full Credits – Yahoo

    Taylor Swift Releases New Album The Life of a Showgirl : Listen and Read the Full Credits – Yahoo

    Toni Braxton Is Turning Her Biggest Hits Into Lifetime Movies – Yahoo

    Toni Braxton Is Turning Her Biggest Hits Into Lifetime Movies – Yahoo

    Major airline to offer new in-flight entertainment options for passengers – PennLive.com

    Major airline to offer new in-flight entertainment options for passengers – PennLive.com

    Penn State-Themed Restaurant and Entertainment Spot Happy Valley Live Set to Open in State College – StateCollege.com

    Penn State-Themed Restaurant and Entertainment Spot Happy Valley Live Set to Open in State College – StateCollege.com

    The Police Made Chart History With This 1979 Hit Nearly 50 Years Ago – Yahoo

    How The Police Changed Music Forever with Their Iconic 1979 Hit Nearly 50 Years Ago

    Good Deed Entertainment Acquires Worldwide Rights To Liza Mandelup’s Documentary ‘Caterpillar’ – Deadline

    Good Deed Entertainment Lands Global Rights to Liza Mandelup’s Captivating Documentary ‘Caterpillar

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Technology Is Becoming More Important Than Humans In CX – No Jitter

    Technology Is Becoming More Important Than Humans In CX – No Jitter

    A Tech Expo Shows What China Can Make, but Not Who’ll Buy It All – The New York Times

    Inside China’s Tech Expo: Cutting-Edge Innovations Face Uncertain Demand

    Steampunk Metal Oval Technology Sense Sunglasses Personality Handmade Chain Multicolor Sunglasses UV400 – The San Joaquin Valley Sun

    Steampunk Metal Oval Sunglasses with Handmade Multicolor Chain – Bold UV400 Protection and Unique Style

    STELLA Automotive AI Appoints Fred Seidelman as Chief Technology Officer – Yahoo Finance

    STELLA Automotive AI Appoints Fred Seidelman as New Chief Technology Officer

    Saving Energy and Money with Smart Technology – Terms of Service with Clare Duffy – Podcast on CNN Podcasts – CNN

    Saving Energy and Money with Smart Technology – Terms of Service with Clare Duffy – Podcast on CNN Podcasts – CNN

    Four Strategic Signals Technology Leaders Are Tuning In To – SPONSOR CONTENT FROM ARM – Harvard Business Review

    Four Essential Strategic Signals Every Technology Leader Should Watch

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Taylor Swift Releases New Album The Life of a Showgirl : Listen and Read the Full Credits – Yahoo

    Taylor Swift Releases New Album The Life of a Showgirl : Listen and Read the Full Credits – Yahoo

    Toni Braxton Is Turning Her Biggest Hits Into Lifetime Movies – Yahoo

    Toni Braxton Is Turning Her Biggest Hits Into Lifetime Movies – Yahoo

    Major airline to offer new in-flight entertainment options for passengers – PennLive.com

    Major airline to offer new in-flight entertainment options for passengers – PennLive.com

    Penn State-Themed Restaurant and Entertainment Spot Happy Valley Live Set to Open in State College – StateCollege.com

    Penn State-Themed Restaurant and Entertainment Spot Happy Valley Live Set to Open in State College – StateCollege.com

    The Police Made Chart History With This 1979 Hit Nearly 50 Years Ago – Yahoo

    How The Police Changed Music Forever with Their Iconic 1979 Hit Nearly 50 Years Ago

    Good Deed Entertainment Acquires Worldwide Rights To Liza Mandelup’s Documentary ‘Caterpillar’ – Deadline

    Good Deed Entertainment Lands Global Rights to Liza Mandelup’s Captivating Documentary ‘Caterpillar

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Technology Is Becoming More Important Than Humans In CX – No Jitter

    Technology Is Becoming More Important Than Humans In CX – No Jitter

    A Tech Expo Shows What China Can Make, but Not Who’ll Buy It All – The New York Times

    Inside China’s Tech Expo: Cutting-Edge Innovations Face Uncertain Demand

    Steampunk Metal Oval Technology Sense Sunglasses Personality Handmade Chain Multicolor Sunglasses UV400 – The San Joaquin Valley Sun

    Steampunk Metal Oval Sunglasses with Handmade Multicolor Chain – Bold UV400 Protection and Unique Style

    STELLA Automotive AI Appoints Fred Seidelman as Chief Technology Officer – Yahoo Finance

    STELLA Automotive AI Appoints Fred Seidelman as New Chief Technology Officer

    Saving Energy and Money with Smart Technology – Terms of Service with Clare Duffy – Podcast on CNN Podcasts – CNN

    Saving Energy and Money with Smart Technology – Terms of Service with Clare Duffy – Podcast on CNN Podcasts – CNN

    Four Strategic Signals Technology Leaders Are Tuning In To – SPONSOR CONTENT FROM ARM – Harvard Business Review

    Four Essential Strategic Signals Every Technology Leader Should Watch

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home News

Analysts pick stocks to buy as Sensex hits 80,000; HDFC Bank, ITC top bets

July 3, 2024
in News
Analysts pick stocks to buy as Sensex hits 80,000; HDFC Bank, ITC top bets
Share on FacebookShare on Twitter

Top stocks to buy at 80,000 Sensex level: Even as the BSE Sensex index has touched the 80,000-mark for the first time in intraday deals on July 3, analysts believe the ongoing rally has more legs. The up-move, they said, would be driven by sectors such as financials and consumption, which have underperformed over the past few months.

“Despite the Sensex hitting the 80,000-mark, there are ample opportunities within the index. HDFC Bank, Ultratech Cement are extremely deep value stocks at present. Sectorally, banking and financial services, along with fast moving consumer goods (FMCG), and pharmaceuticals look attractive at current levels,” said Kranthi Bathini, director-equity, WealthMills Securities.

On July 3, 2024, the BSE benchmark Sensex index hit a record high of 80,074 level in the intraday trade, surpassing the 80,000-mark for the first time ever. The momentous feat was achieved largely driven by a strong rally in HDFC Bank shares.

The BSE Sensex had hit the 70,000-mark for the first time on December 11, 2023, and has risen 13.7 per cent since then (till Tuesday’s close).

Among individual stocks, Mahindra and Mahindra (M&M), Power Grid Corporation, Adani Ports and SEZ, Bharti Airtel, Tata Motor, Tata Steel, and NTPC have been at the forefront of this rally, ACE Equity data shows. These stocks have surged in the range of 30 per cent to 72 per cent.

On the flipside, Asian Paints, Bajaj Finserv, Titan Company, ITC, IndusInd Bank, Kotak Mahindra Bank, Bajaj Finance, Hindustan Unilever (HUL), Nestle India, and HDFC Bank have been the biggest laggards, giving returns between (-)9.5 per cent and (+)4.7 per cent.

“Banks and FMCG is the space to be. As the current upswing has been driven by banks, I expect stocks from this pack to hold the momentum ahead. HUL, ITC, Dabur, and Jyothy Labs from the consumption space, and Axis, and ICICI Bank from the banking sector can be bought at current levels,” said Amabreesh Baliga, independent market analyst. HDFC Bank, though attractive, may be considered on dips given the recent upmove, he added.

The BSE BANKEX has risen 9 per cent so far in calendar year 2024, while the BSE FMCG index is up 6 per cent. By comparison, the benchmark index has added 10 per cent year-to-date.

Large-caps the place to be

On the valuation front, the Sensex index is trading at a trailing price-to-earnings (P/E) multiple of 24.2x at present. By comparison, the index’s 5-year P/E average stands at 26x and 10-year at 24x.

Considering the 7-per cent growth rate for the Indian economy, and the index’s severe underperformance over the past few years, relative to mid- and small-caps, analysts believe the BSE Sensex index remains in a comfortable zone and has room for growth.

“Investors should allocate at least 50 per cent of their equity assets in the large-cap stocks as the index remains in a comfortable zone with another 7-10 per cent rally, over the next one year, highly likely,” said G Chokkalingam founder and head of research at Equinomics Research.

He prefers large-cap stocks like Infosys, Reliance Industries, Jio Financial Services, ITC, and  HDFC Bank.

Word of caution

That said, analysts cautioned that the rally in the banking and consumption sector would hinge on the progress of the monsoon, which would determine demand recovery and the subsequent credit growth.

“If the interest rate cut cycle gets delayed due to weak monsoon, which is in deficit as of now, the sentiment may take a hit. The benchmarks, in the worst case scenario, may see a downside of 3-5 per cent,” added Chokkalingam of Equinomics Research.

By comparison, the broader mid- and small-cap indices may see a steeper fall with select individual stocks falling up to 30 per cent, he said.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : BusinessStandard – https://www.business-standard.com/markets/news/analysts-pick-stocks-to-buy-as-sensex-hits-80-000-hdfc-bank-itc-top-bets-124070300389_1.html

Tags: Analystsnewsstocks
Previous Post

Infosys Foundation, ICT Academy join hands to skill 48,000 students

Next Post

Key INDIA bloc meeting begins in Jharkhand amid guard change speculations

FIRST LOOK: Official match ball of FIFA World Cup ‘26 – Yahoo Sports

Get an Exclusive First Look at the Official Match Ball of FIFA World Cup 2026!

October 3, 2025
Arts economy grows, but funding lags on Long Island – Long Island Business News

Long Island’s Arts Economy Thrives Despite Ongoing Funding Challenges

October 3, 2025
Taylor Swift Releases New Album The Life of a Showgirl : Listen and Read the Full Credits – Yahoo

Taylor Swift Releases New Album The Life of a Showgirl : Listen and Read the Full Credits – Yahoo

October 3, 2025
HIV pioneer Dr. William Valenti retires, leaving lasting impact on health community – 13wham.com

HIV Pioneer Dr. William Valenti Retires, Leaving an Enduring Impact on the Health Community

October 3, 2025
As the shutdown drags on, the threat of permanent cuts is mired in politics – NPR

As the Shutdown Continues, the Risk of Lasting Cuts Grows Amid Political Stalemate

October 3, 2025
West Seattle Ecology Fair 2025, report #2: Heat waves aren’t just a source of discomfort – West Seattle Blog…

West Seattle Ecology Fair 2025: Uncovering the Hidden Impacts of Heat Waves Beyond Our Comfort

October 3, 2025
Roam The Huntington after dark at an atmospheric ‘Strange Science’ night – NBC Los Angeles

Uncover the Secrets of The Huntington After Dark at the Enchanting ‘Strange Science’ Night

October 3, 2025
Viral apple cider vinegar weight loss study retracted for flawed science – ScienceDaily

Viral apple cider vinegar weight loss study retracted for flawed science – ScienceDaily

October 3, 2025
A love letter to the garden – The Inquirer and Mirror

A Heartfelt Ode to the Garden: Celebrating Nature’s Timeless Beauty

October 3, 2025
Technology Is Becoming More Important Than Humans In CX – No Jitter

Technology Is Becoming More Important Than Humans In CX – No Jitter

October 3, 2025

Categories

Archives

October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (848)
  • Economy (869)
  • Entertainment (21,743)
  • General (17,380)
  • Health (9,912)
  • Lifestyle (881)
  • News (22,149)
  • People (870)
  • Politics (880)
  • Science (16,079)
  • Sports (21,369)
  • Technology (15,852)
  • World (852)

Recent News

FIRST LOOK: Official match ball of FIFA World Cup ‘26 – Yahoo Sports

Get an Exclusive First Look at the Official Match Ball of FIFA World Cup 2026!

October 3, 2025
Arts economy grows, but funding lags on Long Island – Long Island Business News

Long Island’s Arts Economy Thrives Despite Ongoing Funding Challenges

October 3, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version