Nifty 17196.7 (-1.18%)
Sensex 57696.46 (-1.31%)
Nifty Bank 36197.15 (-0.85%)
Nifty IT 35848.05 (-0.86%)
Nifty Financial Services 17779.5 (-1.13%)
Adani Ports 737.45 (-0.22%)
Asian Paints 3110.45 (-2.21%)
Axis Bank 673.00 (-0.46%)
B P C L 385.90 (1.86%)
Bajaj Auto 3287.85 (-1.22%)
Bajaj Finance 7069.25 (-1.55%)
Bajaj Finserv 17488.70 (-1.52%)
Bharti Airtel 718.35 (-1.94%)
Britannia Inds. 3553.75 (-0.69%)
Cipla 912.05 (-1.00%)
Coal India 159.75 (0.28%)
Divis Lab. 4757.05 (-0.42%)
Dr Reddys Labs 4596.50 (-1.42%)
Eicher Motors 2455.55 (0.16%)
Grasim Inds 1703.90 (-1.16%)
H D F C 2771.65 (-1.29%)
HCL Technologies 1171.40 (-1.12%)
HDFC Bank 1513.55 (-0.80%)
HDFC Life Insur. 690.95 (-2.03%)
Hero Motocorp 2462.45 (-0.41%)
Hind. Unilever 2343.65 (-1.66%)
Hindalco Inds. 424.65 (-1.72%)
I O C L 122.20 (1.28%)
ICICI Bank 716.30 (-0.84%)
IndusInd Bank 951.15 (0.59%)
Infosys 1735.55 (-0.73%)
ITC 221.65 (-1.69%)
JSW Steel 644.55 (-0.34%)
Kotak Mah. Bank 1914.20 (-2.55%)
Larsen & Toubro 1801.25 (0.67%)
M & M 836.95 (-1.48%)
Maruti Suzuki 7208.70 (-1.59%)
Nestle India 19321.35 (-0.93%)
NTPC 127.00 (-1.32%)
O N G C 145.90 (1.32%)
Power Grid Corpn 206.10 (-3.92%)
Reliance Industr 2408.25 (-3.00%)
SBI Life Insuran 1165.95 (-1.86%)
Shree Cement 25914.05 (-1.43%)
St Bk of India 473.15 (-0.81%)
Sun Pharma.Inds. 751.80 (-1.89%)
Tata Consumer 774.30 (0.14%)
Tata Motors 480.10 (0.21%)
Tata Steel 1118.00 (0.50%)
TCS 3640.45 (-0.07%)
Tech Mahindra 1593.30 (-2.23%)
Titan Company 2369.25 (-0.72%)
UltraTech Cem. 7332.45 (0.13%)
UPL 712.75 (2.08%)
Wipro 640.75 (-0.94%)

Check out mid, large caps with high delivery ratio as long-term investors pull up weight

by 5paisa Research Team 12/10/2021

Stocks move due to activities of two sets of participants in capital markets: traders and investors. While traders are also essentially investors, they are typically short-term momentum investors. In fact, some traders invest for as short a time period as a few minutes or a few hours within a single trading session or day.

A stock could be a trader’s favourite because of price volatility providing an opportunity to take advantage of sharp ups and downs, but it could also offer a meaningful opportunity to long-term investors to put some of their money.

However, one filter that some long-term investors use to decide on new stock picks is where the delivery ratio of stocks is high.

The delivery ratio represents the proportion of shares that have changed hands for good and not just for intra-day trading. Stocks with high delivery means that people took positions in those stocks at least for a few days or possibly even for months or years.

We scanned through the data to pick stocks with higher delivery ratios over the past week compared to the monthly average.

The exercise sprung out names of as many as 16 large cap stocks. These are ITC, Grasim, Zomato, L&T Infotech, Indus Towers, Godrej Properties, United Spirits, Jubilant Foodworks, HAL, United Breweries, Biocon, Concor, Ipca Labs, Zee Entertainment, Oil India and Happiest Minds.

IT firm Happiest Minds was an outlier with 100% delivery ratio as against the monthly average of around 62%. This shows the stock is now fairly on the long-term investors’ radar and punter activity in the counter is negligible.

Aditya Vikram Birla flagship Grasim is not too far behind with the delivery ratio crossing the 80% mark from 60%.

Among other large cap stocks, only ITC and Zomato saw delivery of about 50% or more after rising from the previous monthly average.

Mid-cap picks with long-term investors

It’s not just the large caps where some counters have seen an increase in delivery ratios. We also checked mid-cap stocks (current market capitalisation in the Rs 5,000-20,000 crore range) that have seen a visible change in delivery ratios above the 50% mark. In this list, we have companies like Alembic, Zydus, Godrej Agrovet, IIFL Finance, EPL, Jindal Stainless, Orient Electric, Vijaya Diagnostic and Great Eastern Shipping.

Other mid-cap stocks that also saw a rise in the delivery ratio include Polyplex, Chalet Hotels, Gujarat Alkalies, EaseMyTrip parent, Caplin Point, IRB Infrastructure, Tata Investment Corp, Blue Star, Sun Pharma Advanced Research, Rain Industries, NBCC, Mahindra CIE, Welspun India, UCO Bank and Brigade Enterprises.

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Closing Bell: Sensex and Nifty end higher amid a volatile trading session.

Closing Bell: Sensex and Nifty end higher amid a volatile trading session.
by 5paisa Research Team 12/10/2021

A choppy trading session was seen on Tuesday with IT and select Oil and Gas stocks pulling the indices lower.

Domestic equity benchmarks Sensex and Nifty on Tuesday, October 12, 2021, moved within a tight range around the flatline in a choppy session. Still, the benchmark indices closed higher on the fourth consecutive session.

At the closing bell on October 12, the Sensex was up by 148.53 points or 0.25% at 60,284.31, while the Nifty ended up by 46 points or 0.26% at 17,992.00. On the decline-advance, about 1664 shares have advanced, 1483 shares declined, and 115 shares were unchanged.

Losses in IT and selected Oil & Gas shares pulled the indices lower. However, gains in auto and consumer goods shares kept the downside in check. Broader indices witnessed a mixed trading session, with the smallcap gauge going up 0.3% in late morning deals. All eyes were on quarterly earnings reports from India Inc for domestic cues.

On the sectoral front, the BSE Consumer Durables index jumped 2.92%, while auto, FMCG, metal and PSU Bank stocks rose by 1-2%. In the broader markets, BSE midcap and smallcap indices closed in green by rising 0.65% and 0.26%, respectively.

Among the top gainers today were, Titan Company, Bajaj Auto, Bajaj Finserv and SBI, while top losers for the day were HCL Technologies, Tech Mahindra, Ultra Tech Cement, TCS and M&M.

In Tuesday's trading session a hectic activity was witnessed in the PSU banking sector, while stocks from the two-wheeler and consumer durables saw good demand in line with the festive season. 

According to market experts, while we did see a continuation of profit booking in IT stocks, the small and midcap space was buzzing with accumulation across sectors. Also, a late surge in the metal index led by aluminium stocks gave support to the market rally.

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Opening Bell: Here’s what you need to know before the market opens on October 13, 2021.

Opening Bell: Here’s what you need to know before the market opens on October 13, 2021.
by 5paisa Research Team 13/10/2021

Momentum likely to continue on D-Street, Retail inflation eases in September and IMF retained India’s growth at 9.5%. IT stocks would be in limelight as Infosys and few other notable names set to announce their quarterly earnings.

In the last trading session, the fag-end buying helped Indian benchmark indices to extended their winning streak for the fourth straight day on Tuesday. If we go by the early action in the SGX Nifty, it indicates that the markets are likely to pick up from where they had left in the last trading session. Nifty may open around 18,052 up by 48 points. But the question on everyone's mind is, what is helping the cause? The answer, the incoming macro data, which is certainly a cheerful one as retail inflation (CPI) for September eased to 4.35% vs 5.3% MoM. IIP for August came in at 11.9% vs 11.5% MoM, and cheery on the top is that the International Monetary Fund (IMF) report, where they retained India’s growth forecast at 9.5% for the FY 2021-22, while it is a trimmed forecast for the global economy.

Cues from Asian markets: It was a wobbly Wednesday for the Asian markets as Japan’s Nikkei 225 and China’s Shanghai Composite was down by 0.09% and 0.48%, respectively.

Overnight cues from US markets: All the three US stock indices spent a major part of Tuesday’s trading session hovering near the neutral line, but eventually ended the day with meagre losses. As a result, US stocks indices ended in red for the third straight day. The Dow dropped 0.3%, while the S&P 500 and tech-heavy Nasdaq slipped 0.2% and 0.1%, respectively. Going forward, market participants would look forward to the start of earnings season on Wednesday and the near-term movement of the markets would be dictated by their outcome.

Last session summary: After oscillating between positive and negative terrain, key equity benchmarks witnessed a strong rebound from lower levels, which helped in closing the session near the intraday high levels on Tuesday. The Nifty settled just shy of the 18,000 mark, while Sensex closed within striking distance of the 60,300 mark. The broader markets outperformed the frontline indices with Nifty Midcap 100 and Smallcap 100 rising by 0.55% and 0.80%, respectively.

Among sectoral indices, barring Nifty IT all other sectoral indices ended in positive terrain with Nifty PSU Bank advancing more than 3% to emerge as the top gainer.

FII’s and DII’s activity on Tuesday: Yet another day of selling was seen from both the FIIs and DIIs. FIIs were net sellers to the tune of Rs 278.32 crore, while the DIIs were net sellers to the tune of Rs 741.22 crore. 

Important events to watch out for: On the earning front, Infosys, Wipro and Mindtree will be in focus.

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India Vs UK stock market – who rules, who wins? How the tables have turned | 5paisa Research

by 5paisa Research Team 13/10/2021

Indian Equity Market has shown an aggressive growth even after the economy was beaten down by the pandemic. The Indian equity market has soared from its lows of March 2020, edging to beat the UK equity market in terms of market value and cut the chase to be among the top 5 world equity markets.

Image removed.

As per the Bloomberg data of the combined value of companies with a primary listing alone, the Indian equity market value stands at $3.46 trillion, representing a 37% surge this year. While the UK market value stood at $3.59 trillion representing only a 9% surge for the same period of time. These numbers exclude the secondary listings and depositary receipts, which could show a far larger divergence between the two markets.

The boom seen in the Indian Equity Market was led by the higher growth potential of the Indian market, and IPO rush in the tech sector, with ample Indian startup companies going public. The latter has fueled the growth more, giving the developed markets a good competition, as the sentiment towards the Chinese markets seem to turn sour. Indian equity market strikes as a promising domestic stock market from among the developing nations. This potential was realised and backed by a stable and reformist political base.

The failure of the UK market to keep up with its stellar performance and hold its high horse is stained with the uncertainties with the Brexit concerns looming over it.

The BSE index, S&P BSE Sensex, has outperformed the major national benchmarks and surged more than 130% since its March 2020 lows. The investors were handsomely rewarded with ~15% (in dollar terms) annualized RoE over five years which is more than double of U.K.’s benchmark FTSE 100 Index returns that clocked at 6%.

According to Goldman Sachs Group Inc., India will attain the $5 trillion dollar share market capitalization milestone by 2024. The IPOs introduced in the next 2-3 years, alone, would add a whopping $400 billion to the market value.

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5 Stocks to Buy Today: October 13, 2021

5 Stocks to Buy Today: October 13, 2021
by 5paisa Research Team 13/10/2021

Every morning our analysts scan through the markets universe and chose the best momentum stocks to buy today. The stocks are recommended from a wider list of momentum stocks and only the best ones make it to the top 5 list. We also update on the performance of earlier recommendation every morning to help you with your trading journey. Read on to know the momentum stocks to buy today. The average holding period could be between 7-10 days on average.

List of 5 Stocks to Buy Today October 13

1. Gujarat Fluorochemicals (FLUOROCHEM)

Gujarat Fluorochemicals Stock Details for Today

- Current Market Price: Rs. 2,167

- Stop Loss: Rs. 2,118

- Target 1: Rs. 2,225

- Target 2: Rs. 2,290

- Holding Period: One week

5paisa Recommendation: Our technical experts see end in sideways move of the stock hence making this stock best stock to buy.

 

2. Vardhman Textiles (VTL)

Vardhman Textiles Stock Details for Today: 

- Current Market Price: Rs. 2,103

- Stop Loss: Rs. 2,045

- Target 1: Rs. 2,170

- Target 2: Rs. 2,232

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects further buying in the stock and recommends buying this stock.

 

3. Dilip Buildcon (DBL)

Dilip Buildcon Stock Details for Today: 

- Current Market Price: Rs. 696

- Stop Loss: Rs. 680

- Target 1: Rs. 719

- Target 2: Rs. 751

- Holding Period: 1 week

5paisa Recommendation: Positive momentum in stock is expected and thus making this stock as one of the best stocks to buy today.

 

4. Canara Bank (CANBK)

Canara Bank Stock Details for Today: 

- Current Market Price: Rs. 187

- Stop Loss: Rs. 182

- Target 1: Rs. 193

- Target 2: Rs. 198

- Holding Period: 1 week

5paisa Recommendation: Positive momentum in stock is expected and thus making this stock as one of the best stocks to buy today.

 

5. Laxmi Organic (LXCHEM)

Laxmi Organic Stock Details for Today: 

- Current Market Price: Rs. 563

- Stop Loss: Rs. 549

- Target 1: Rs. 581

- Target 1: Rs. 605

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see strong volume in this stock hence making this stock best stock to buy.

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Public Provident Fund: Investment avenue that offers EEE.

Public Provident Fund: Investment avenue that offers EEE.
by 5paisa Research Team 13/10/2021

PPF is backed by the Government of India which delivers tax efficient returns to investors. The prevailing rate of PPF is 7.1%.

Public Provident Fund (PPF) is one of the best ways to do asset allocation towards fixed income instruments. This is an instrument that offers tax efficient returns to its investors. PPF is backed by the Government of India and also provide a fixed rate which the government announces every quarter. The interest compounding is done annually. Currently, PPFs are providing a 7.1% rate of return. This scheme follows a capital protection strategy and therefore has a conservative approach by usually investing in money market instruments.

The return offered on PPF is amongst the best tax-free returns. It is one of the very few investment options that fall under the EEE tax regime.

Now the question arises, what is the EEE tax regime?

In simple terms, EEE is Exempt-Exempt-Exempt and specifies three kinds of exemptions in tax; first Exempt means an investment qualifies for deduction u/s 80C (subject to a limit of Rs 1.5 lakh a year). Second Exempt means an interest earned is exempt from tax and the third Exempt means there is no tax on the amount received on maturity of the account. We come to know that PPF is tax-free from investment to the withdrawal of the amount invested in PPF.

PPF have a lock-in period of 15 years. On maturity, the investor has the option of withdrawing the proceeds and close the account or extend the account for a block of five years or continue without contribution. The minimum annual investment required is only Rs 500 per annum, giving the investor freedom to invest as per his discretion and available resources. The maximum annual limit of investment is Rs 1,50,000 per annum. An investor has to at least invest a minimum amount every year in his account to keep the PPF account active.

No withdrawals are allowed during the first six years from opening the account. However, at any time after the expiry of six years from the end of the year in which the initial subscription was made, the subscriber/investor, if desires can withdraw from the balance amount to his credit. The amount should not be above 50% of the amount standing to his credit at the end of the fourth year and immediately preceding the year of withdrawal or balance at the end of the preceding financial year, whichever is lower.

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