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Gold, silver, stock market can get better returns this year | सोना में 40% का और शेयर बाजार में 15% का मिल सकता है इस साल रिटर्न

Gold, silver, stock market can get better returns this year | सोना में 40% का और शेयर बाजार में 15% का मिल सकता है इस साल रिटर्न
bhaskar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bhaskar.com Daily Mail and Mail on Sunday newspapers.

Company Update - Amber Enterprises India - ICICI Direct

Company Update - Amber Enterprises India - ICICI Direct Posted On: 2020-12-30 22:30:45 (Time Zone: Arizona, USA) Amber Enterprises, one of the largest contract manufacturers of room air conditioners (RAC) is one of the biggest beneficiaries of the government s production linked incentive (PLI) schemes and import ban of finished room AC (RAC) in India. Amber is the key supplier to all top 10 AC brands and commands ~24% volume market share of ACs sold in India in FY20. We believe, after a washout H1FY21, the company may witness a strong recovery in H2FY21 supported by normalised inventory at dealer level coupled with robust pent up demand of RACs amid changing consumer lifestyle (work from home) post pandemic. In addition, the import restrictions on RAC and its components present business opportunity of ~Rs. 10,000 crore for Amber. Also, India s AC export market share may cross Rs. 27,000 crore in the next 10 years (from mere Rs. 450 crore in FY19), hence also benefitting it.

market outlook: Ahead of Market: 12 things that will decide stock action on Friday

Explore Now NEW DELHI: Nifty breached its 14,000 levels and touched its all-time high in the intraday session on Thursday and formed an indecisive candle on the daily chart. The 50-pack formed consecutive indecisive candles in the recent sessions, which signals towards caution that is being employed by the market participants with consistent profit booking and buying on dips approach. Ajit Mishra, VP - Research at Religare Broking opined, investors would await the auto sales numbers and PMI data as it would help in gauging the economic recovery. Further, global cues are likely to dictate the trend for the markets in the near term. We reiterate our cautious stance on the markets.

Top stocks to buy in 2021: Here s what brokerages say

Top stocks to buy in 2021: Here s what brokerages say  In terms of YTD, Nifty Pharma topped the rank among other sectors, growing 60%, followed by an almost 55% rise in the Nifty IT index. Nifty metal grew by 16%, while Nifty FMCG was up 15% since the start of the year 2020 Rupa Burman Roy | December 31, 2020 | Updated 18:08 IST On a year-to-date (YTD) basis, broader indices delivered 15% returns, after staging a smart recovery of 84% from the March lows Indian share markets staged a smart recovery in the calendar year 2020 and ended the year at record highs, on the back of positive global news flow and continued foreign fund inflows.

Buy Amber Enterprises India; Target Of Rs 2830: ICICI Direct

Buy Amber Enterprises India; Target Of Rs 2830: ICICI Direct
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