
10:25 AMTVS Motor stock hits all-time high, jumps 5% on healthy June qtr earningsShares of TVS Motor Company hit an all-time high at Rs 2,620.20, as they rallied 5 per cent on the BSE in Wednesdays intra-day trade after the company reported a healthy performance for the June 2024 quarter (Q1FY25).
The company posted a 14.1 per cent year-on-year (YoY) growth in total sales volume, at 1.09 trillion units.
READ MORE9:43 AMTop dividend yield stocks: Religare Broking picks best bets for investorsDomestic brokerage firm Religare Broking has come up with a list of stocks with high dividend yields.
Dividend yield is one of the main factors to consider when investing in dividend-paying stocks.
It is an indicator of the return that investors are earning on their shares.
Religare Broking has filtered the list of top dividend-paying companies based on their fundamental strength and selected 10 stocks.
READ MORE8:55 AMView: Investors should prioritise largecap investmentAfter the twin jolts from US recession fears and the unwinding of the Yen carry trade, stock markets globally are slowly limping back to stability.
The message from the Bank of Japan that rates will not be hiked when markets are unstable will help in stabilising the Yen and prevent further massive unwinding of the Yen carry trade.Even though FIIs were big sellers in India in the cash market during the last three days, their selling is being matched by DII buying.
This countervailing investment by DIIs can impart resilience to the market.
It appears that the exuberance of retail investors has taken a knock after the crash in the broader market.
Market valuations continue to remain elevated.
There is value in financials.
At this juncture in the market, investors should prioritise largecap investment over the mid and small caps.(View by:Dr.
V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services)