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Equitymaster delivers independent, unbiased research on the Indian stock market. Trusted by investors since 1996, we help you build long-term wealth with honest, actionable insights — straight to your phone. https://www.equitymaster.com
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The Big Bitcoin Rally. Why it Could be the Start of Something New

With over 70% of all bitcoin supply sitting dormant for a year, the momentum is surely building up.

Bitcoin Price Rises

Here’s an extract…

Ever since the Bitcoin ETF approval news was out, the largest cryptocurrency has shot up big time.

After hovering in a range between US$ 20,000-25,000, in late October, Bitcoin’s price went up to US$ 30,000 and broke that resistance.

This came as a surprise to many as the prevailing sentiment surrounding Bitcoin was still full of scepticism.

At the time of writing this, Bitcoin’s price has shot up to US$ 44,000!

Read on for more…

http://www.eqtm.in/Qt2i8
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Varun Beverages Hits Fresh All-Time High. Time to Snack on Some Shares?

Shares of the company have gained over 60% in 2023 so far, recently hitting an all-time high. What does 2024 have in store?

Varun Beverages Stock Rises

Here’s an extract…

PepsiCo doesn't have its own manufacturing hub in India. Instead, it relies on a partner - Varun Beverages - who is been doing this job for over 30 years.

Varun Beverages not only makes Pepsi bottles but also distributes all the brands licensed by PepsiCo across India like Pepsi, Mountain Dew, Miranda Orange, 7up, Slice, and more.

Shares of the company have recently hit a new all-time high which shouldn’t come as a surprise given its strong moat that it gets from Pepsi. The share price of Varun Beverages is up by over 8% in a month and 61% in 2023 so far.

What’s the reason behind this rally and should you really snack up some shares?

Let’s find out.

http://www.eqtm.in/e5S3T
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Stock Market Update - Gift Nifty Trades Flat | Dr Reddy's Collaborates with Coya Therapeutics | Why Sugar Stocks are Falling | Top Buzzing Stocks Today

Top cues to track in today’s stock market session.

http://www.eqtm.in/Xo54M
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Stock Market Update - Sensex Today Trades Higher | MMTC Soars 7% | JSW Steel & NTPC Top Gainers

Indian share markets are trading higher with the Sensex up by 195 points, while the Nifty is trading higher by 75 points.

http://www.eqtm.in/Yp67W
What Next for Investors After Nifty 21,000 and Sensex 70,000

What should investors do after the market breaks through new all-time highs? Read on...

What Next for Investors

Here’s an extract…

Earlier, in the absence of positive FII participation, the Indian retail investor took it upon themselves to take the market higher or at least hold it steady.

It's no wonder that every dip over the last two years was bought into. Despite significant global volatility, the Indian stock market has remained resilient.

And now that foreigners have joined the party, new all-time highs for the market are very likely.

The Nifty and Sensex are within touching distance of 21,000 and 70,000 respectively. If and when these milestones are achieved, there would be only blue skies in front of the market.

Read on for more…

http://www.eqtm.in/Qe26K
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India's Best Lithium Stocks are Ready to Soar High

The recent mining auctions will set the stage for a huge boom.

India's Best Lithium Stocks

Here's an extract...

The Indian government approved amendments to the Mines and Minerals (Development and Regulation) Act, 1957, allowing for the mining of lithium and five other minerals.

This allowed private mining companies to mine the six critical minerals - lithium, beryllium, titanium, niobium, tantalum, and zirconium.

Earlier this year, the Ministry of Mines had declared 30 minerals as 'critical' for the country, including these six minerals.

These minerals are required for manufacturing in several sectors, including electric vehicles (EV), EV batteries, glassware, automotive components, defence machinery, telecommunication equipment, capacitors, superalloys, carbides, and medical technology.

http://www.eqtm.in/Kw56H
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New All-Time Highs for 6 Indian Defence Stocks: Should You Invest?

Defence stocks are rising post state election results and these six companies are taking the charge.

Defence Stocks at All-Time Highs

Here’s an extract…

Following BJP’s state election victory in key states, Indian defence stocks have shot up big time.

The BJP government has given priority to the growing defence sector and analysts are projecting this trend to continue. So, it’s not too hard to guess the reasons why defence stocks are on a roll these days.

A few Indian defence stocks have rallied significantly in recent days, hitting their all-time high.

Read on for more…

http://www.eqtm.in/Pd3a5
Stock Market Update - Sensex Today Hits Record High | Nifty Ends Near 21,000 | IT and Banking Stocks Rally

Benchmark indices hit fresh record high with the Nifty topping 21,000 for the first time while Sensex was close to 70,000.

http://www.eqtm.in/q7JCo
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Bonus Shares Alert: This Smallcap Multibagger Stock to Issue Bonus Shares Soon

This luggage maker company is set to issue bonus shares next week. Find key details inside.

Smallcap Stock to Issue Bonus Shares

Here’s an extract…

Safari Industries, one of the favourite stocks of ace investor Ashish Kacholia, has turned around big-time since the Covid slump. Since its Covid-19 lows, the stock has given multibagger returns of over 500%.

Recently, Safari Industries declared bonus shares and the stock is set to trade ex-bonus next week.

Bonus shares are free shares that shareholders receive against shares they currently hold.

http://www.eqtm.in/x9B5S
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Why Tata Power Share Price is Rising

Tata Power becomes the sixth Tata group company to cross Rs 1 trillion in market cap. The stock is up over 15% in two days.

Tata Power Stock Rises

Here’s an extract…

The BSE Power index has skyrocketed by 12% in just one week, while the Sensex has offered 2% returns. 12% return for an index is a big deal.

Tata Power was quietly making its way up. But on Thursday, 7 December 2023, it took a leap soaring by 10% and another 1% on Friday, 8 December 2023.

The Tata group stock is all over the news after becoming the sixth Tata group firm that crossed Rs 1 trillion marketcap.

Let’s find out why Tata Power share price is rising.

http://www.eqtm.in/m2NBy
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Upcoming Bonus Shares 2023: Multibagger Stock Announces First Ever Bonus Issue

This stock up 172% in 2023 so far and it recently fixed its record date for bonus issue.

Bonus Issue Alert!

Here’s an extract…

The share price of Paul Merchants has seen a decent spike in the week gone by.

The company is engaged into forex, tour and travels, and remittance activities for business travel, overseas education, among others.

Recently, it has decided to issue bonus shares.
Read on for more…

http://www.eqtm.in/t9F7A
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Beaten Down Smallcap Stock Joins the Green Hydrogen Race

From commodity chemicals to green energy, this smallcap company could stage a turnaround with its recent foray.

Green Hydrogen Smallcap

Here’s an extract…

Often referred to as the ‘fuel of the future’, green hydrogen holds transformative potential, particularly in addressing the emission challenges of hard-to-abate sectors like steel, cement, etc.

Amid the ongoing global shift, companies across various sectors are scrambling to carve their niche in this rapidly evolving space.

Adding to this trend, a speciality chemical company, Sadhana Nitro Chem, has recently declared its intention to venture into the green hydrogen space.

Read on for more…

http://www.eqtm.in/Li8y3
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Charge Your Portfolio with the Best EV Battery Stocks in 2024

Many companies are likely to join the EV battery race, so be on the lookout as these companies will have an early mover advantage.

Top EV Battery Stocks

Here’s an extract...

There are only a few lithium-ion domestic manufacturing facilities in India. This opportunity is likely to boost the Indian battery market.

According to reports, the second phase of FAME has already allocated Rs 100 billion (bn) for customer incentives.

On the other hand, the production-linked incentive (PLI) scheme allocated Rs 260 billion to the automotive industry for sourcing and producing vehicles locally in India.

These efforts are indeed helping India to become the primary hub for EV production around the globe.

Looking at this lucrative opportunity, it makes sense to check out the top EV battery stocks in India.

Read on for more...

http://www.eqtm.in/j4AQa
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The Indian Aviation Industry is Booming and this Little-Known Stock Could be a Big Winner

India's skyrocketing aviation industry needs thousands of new planes in the coming decades. This smallcap software company is poised to fly high in the boom.

Big Winner of Indian Aviation

Here’s an extract...

Accelya Solutions partners with the airlines right from the time a ticket or an airway bill is issued, through its entire life cycle until the data is converted into actionable decision support.

The company's forte is revenue accounting, revenue assurance, and cost management.

It has a substantial global footprint, with operations spanning 11 countries. It accounts for and manages over 5 bn financial transactions and 75 m tons of cargo annually.

Read on for more…

http://www.eqtm.in/Fy85J
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Stock Market Update - Gift Nifty Down 16 Points | Tata Group's Semiconductor Bet | GQG Buys Stake in GMR Airports | Top Buzzing Stocks Today

Top cues to track in today’s stock market session.

http://www.eqtm.in/x4WBk
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Stock Market Update - Sensex Today Crosses 70,000 Mark | IRFC Jumps 4% | ONGC & Coal India Top Gainers

Indian share markets are trading lower with the Sensex up by 77 points, while the Nifty is trading flat.

http://www.eqtm.in/Rg96Z
The PSU Gold Rush: Will these Stocks Continue to Shine in 2024?

Will the outperformance of the PSU stocks continue in 2024?

2024: The Year of PSUs?

Here’s an extract…

A portfolio of the most undervalued stocks in India with decent management and strong balance sheets would have led you to a lot of PSU stocks and investing in them would have worked like magic.

For perspective, the S&P BSE PSU index, has given an impressive 44% returns this year. This is 3x as high as the returns earned by the Sensex.

Of course, individual stocks have done even better, with some of them earning multibagger returns in a matter of 1-2 years.

So, PSU stocks have given fantastic returns and a lot of investors have missed this bus. But what next? Can these investors still come aboard?

Can these PSU multibaggers continue their good run well into 2024? Or is it too late now and the risk reward is no longer in favour of the investors?

Read on to find out…

http://www.eqtm.in/i3W5K
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Multibagger Biofuel Stock Hits All-Time High. Zooms 10% on Massive Biodiesel Tender

Given the tremendous availability of potential biomass in India, there's a huge opportunity for companies involved in the production of biofuels.

Multibagger Biofuel Stock

Here’s an extract…

Biofuels are liquid fuels produced from renewable energy sources such as plants and algae. Some of the biofuels are ethanol biodiesel, green diesel, and biogas.

They provide solutions to the challenges of solar, wind, and other alternative energy sources.

Given the tremendous availability of potential biomass in India, there’s a huge opportunity for companies involved in the production of biofuels.

Read on for more…

http://www.eqtm.in/x6STr
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Why IREDA Share Price is Rising

The company recently announced the launch of its retail division, marking a significant step towards expanding lending services.

IREDA Stock Rises

Here’s an extract...

The company is a financial institution actively promoting, developing, and extending financial assistance for new and renewable energy projects, as well as energy efficiency and conservation projects.

Ever since the company listed on the BSE and NSE, its shares have been in high demand.

On Monday, 11 December 2023, IREDA share price spiked 20% to hit a new high of Rs 85.

Let’s find out why IREDA share price is rising…

http://www.eqtm.in/t7N5M
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Stock Market Update - Sensex Today Ends 103 Points Higher | Nifty Ends Near 21,000 | Wockhardt Soars 14%, Inox Wind 10%

Markets hit a new all time high, ends 103 points higher, while Nifty ended 27 point higher.

http://www.eqtm.in/w3N9X