Reliance Ind's guest appearances

Reliance Ind

Invest Stream

Business Standard Podcast

Elon Musk

Kamala Harris

Warren Buffett

Jim Rogers

Morgan Stanley

Nicholas Stern

Rahul Gandhi

Marc Faber

Narendra Modi

Abhijit Banerjee

Martin Wolf

Amit Chandra

Amit Shah

Fabrice Grinda

Tarun Mehta

OwlTail

Despite the Covid-19 pandemic bringing the economic activity to a halt for nearly 3-months, markets posted their best yearly gains since 2017 in calendar year 2020. The benchmark Sensex and Nifty50 indices surged 16 per cent and 15 per cent, respectively, in the year gone-by, clocking 86 per cent jump from their March lows. In the broader market, the S&amp;P BSE500 gained 20 per cent in CY20 while the S&amp;P BSE Midcap and S&amp;P BSE Small-cap indices rallied 18 per cent and 29 per cent, respectively.   Now the question on every investors' mind remains whether or not the bulls will continue to reign in 2021? According to analysts, market rally in the new calendar year may not be as sharp as seen in recent months as the markets are currently pricing in a lot of positives. ICICI Securities, for instance, expects Nifty50 to hit 14,900 levels in 2021 in a bull-case scenario. However, if market bullishness reverts to average sentiment, the base case fundamental value is around 13,500, which indicates flat returns for CY21.   In such a scenario, which stocks look promising enough to ensure wealth creation in 2021 despite stretched market valuation?   We caught up with Abhimanyu Sofat, Head of Research at IIFL Securities and Ajit Mishra, VP-Research at Religare Broking to identify potential winners.

Reliance Ind, SBI Life, IRCTC: Here are the top stocks to invest in 2021

Profit-booking across financial counters after last week's rally, and selling in select index heavyweights put lid on gains during Monday's trading session. Despite witnessing a sharp slide during the last trading hour, markets recovered to settle flat.   The benchmark S&amp;P BSE Sensex closed 38.88 points, or 0.93 per cent, lower at 41,642.66 level, dragged by Reliance Industries, ICICI Bank, State Bank of India (SBI), and ITC.  On the NSE, the broader Nifty50 index declined 9.05 points, or 0.074 per cent, to settle at 12,262.75 level. The Sensex and Nifty50 hit an intra-day low of 41,474.61 and 12,213.25, respectively.     At the index level, Nestle, SBI, RIL, and M&amp;M were the top laggards on the Sensex, while Maruti Suzuki, Hero Motocorp, HDFC, and Titan ended the day as top gainers.   On the sectoral front, Nifty PSU Bank index slumped the most, down 1.29 per cent, while Nifty Realty and FMCG indices, each, closed nearly 0.5 per cent lower. On the upside, Nifty Media index advanced 0.7 per cent.    The broader markets settled almost flat on Monday. The S&amp;P BSE mid-cap index slipped 0.09 per cent to 14,822.60 -mark, while the S&amp;P BSE small-cap index erased 0.07 per cent to 13,382.03 level.      Buzzing stocks  Shares of Reliance Industries declined as much as 2.77 per cent in the intra-day deals on the BSE on Monday after the government filed petition in the Delhi High Court (HC) seeking to block its $15 billion deal with Saudi Aramco, in view of dues of $3.5 billion in the Panna-Mukta and Tapti (PMT) oil and gas fields. The stock closed 1.88 per cent lower at Rs 1,569.3 apiece.     Shares of Adani Green Energy were locked in 5 per cent upper circuit at Rs 142, also its new high, on the BSE on Monday on the back of heavy volumes. The stock surpassed its previous high of Rs 139 touched on December 2, 2019.   The trading volumes on the counter jumped 1.5 times with a combined 1.9 million equity shares changing hands on the NSE and BSE. There were pending buy orders for 216,123 shares on both the exchanges at 12:24 pm. The stock eventually closed at 141.85, 5% up.   Shares of Lux Industries slipped 7 per cent to Rs 1,301 on the BSE on Monday after more than 4 per cent equity of the hosiery company changed hands via block deals.   Around 1.09 million equity shares, representing 4.31 per cent of total equity, of Lux Industries changed hands via two block deals on the BSE, the exchange data shows. The name of the buyers and sellers are not ascertained immediately. The stock ended the day 7.20% lower at 1300.40 in NSE.     GLOBAL CUES   European shares dipped slightly on Monday after nearing a record high in the previous session, as trading thinned ahead of the Christmas and Boxing Day holidays later in the week. The pan-European STOXX 600 index was down 0.1 per cent, with the banking sector leading declines.   Asian markets idled near 18-month highs on Monday. MSCI’s broadest index of Asia-Pacific shares outside Japan hovered near its highest since June 2018, having risen 1.4 per cent last week and more than 5 per cent this month. For the final quarter of the year, it is up nearly 10 per cent so far.

Market Wrap, Dec 23: Sensex slips 39 pts; Reliance Ind decline nearly 2%

Innovaccer

Corporate debt, InnovAccer’s B, Deskeo acquisition by Knotel, Munchery joins the dead pool, Sequoia launches and accelerator in India, Reliance Industries enters the Indian eCommerce battle. Connect with me on:YouTube: https://pjain.co/investstreamTwitter: https://twitter.com/pjainInstagram: https://instagram.com/pjain001Blog: http://blog.pjain.me--- Send in a voice message: https://anchor.fm/pjain/messageSupport this podcast: https://anchor.fm/pjain/support

Corporate debt, InnovAccer’s B, Deskeo acquisition by Knotel, Munchery joins the dead pool, Sequoia launches and accelerator in India, Reliance Industries enters the Indian eCommerce battle. Connect with me on: YouTube: <a href="https://pjain.co/investstream" rel="nofollow" target="_blank">https://pjain.co/investstream</a> Twitter: <a href="https://twitter.com/pjain" rel="nofollow" target="_blank">https://twitter.com/pjain</a> Instagram: <a href="https://instagram.com/pjain001" rel="nofollow" target="_blank">https://instagram.com/pjain001</a> Blog: <a href="http://blog.pjain.me" rel="nofollow" target="_blank">http://blog.pjain.me</a> --- Send in a voice message: <a href="https://anchor.fm/pjain/message" rel="nofollow" target="_blank">https://anchor.fm/pjain/message</a> Support this podcast: <a href="https://anchor.fm/pjain/support" rel="payment nofollow" target="_blank">https://anchor.fm/pjain/support</a>

Corp debt, InnovAccer’s B, Deskeo acquisition, Munchery joins the dead pool, Sequoia, Reliance Ind