- Branches near me
- Uttar Pradesh
- Lucknow
- Vidhan Sabha Marg
Motilal Oswal Financial Services Limited
- 7th Floor, Ratan Square Building
Vidhan Sabha Marg
Lucknow - 226001Near Burllington Chowraha - Near Burllington Chowraha
- +919535958009
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- Mon 09:00 AM - 06:00 PM
- Tue 09:00 AM - 06:00 PM
- Wed 09:00 AM - 06:00 PM
- Thu 09:00 AM - 06:00 PM
- Fri 09:00 AM - 06:00 PM
- Sat Closed
- Closed for the day
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Timeline
The government banned the imports of air conditioners with refrigerants to promote domestic manufacturing and reduce imports of non-essential items. In June, the government imposed curbs on imports of certain new pneumatic tyres used in motor cars, busses, lorries and motorcycles. Expects positive for Indian Air Conditioner manufacturer and major raw materials players like Blue Star, Voltas, Havells India, Whirlpool. Amber Enterprises (major players to supply AC component), SRF (major players of Refrigerants Gas) and Navin Fluorine (Major players of producing refrigeration gas). Follow our handle to get interesting market insights. #MOMarketUpdates #MotilalOswal #Indianstockmarket #Airconditioner #sensex #nifty
Top 10 Nifty Performers. #MOMarketUpdates #Nifty50 #indianstockmarket
1) SBI Card gained as the Credit card spends recovers to pre-covid levels in August. Banks record Rs50311cr spends on Credit Cards in August compared with Rs50574cr in March.2) Tata Steel Long Products reported Q2 Net profit at Rs 59.1 crore versus Net loss at Rs 196.9 crore, Ebitda at Rs 183.6 crore versus Ebidta loss at Rs 41.8 crore. Expect positive for Tata Steel as it holds 75.91% stake of Tata Steel Long Products. #MOMarketUpdates #MotilalOswal #TATASteel #Indianstockmarket #SBI #SBIELite #SBICards #Sensex #Nifty
Cement manufacturer hiked the price by Rs30-50 a bag at Andhra Pradesh and Telangana. The market expects that the cement demand will improve on post-monsoon and to increase government expenditure in the infrastructure sectors. Increased cement price and hope of rising demand will be positive for Cement stocks. #MOMarketUpdates #MotilalOswal #Cementstocks #indianstockmarkets #JKCement #Nifty #sensex
Positive results from tech giants resulting in rise of tech companies. TCS reported Dollar revenue growth 7.1% to $5,420 million while expectation $5287mn. Company reported EBIT margin at 26.2% from 23.6% (QoQ) while expectation 24.8. Market hope of other tech players will be announced good quarterly results. Wipro will announceQ2 results on 13th October and Infosys on 14th October (ADR up 5%). #MOMarketUpdates #MotilalOswal #ITstocks #Indianstockmarkets #Coforge #L
1) The business of LIC Housing Finance is back to pre-Covid levels, its Managing Director and Chief Executive Officer Siddhartha Mohanty has said. Mohanty said housing finance companies witnessed excellent growth in September due to by various incentives by builders and the momentum would continue with the onset of the festive season. LIC Housing Finance is growing good in the affordable segment, while the premium segment has also seen an uptick. "In Mumbai, we are registering good growth because of the reduction in stamp duty. 2) SBI positive comments by chairman Dinesh Kumar Khara lifted the stocks. Yesterday he said that the lender's business has recovered to around 70-80% of pre- Covid levels. Khara said his focus would be on credit quality, preservation of net interest margins (NIMs) and employee safety because of the pandemic. Moreover, the fall in 10-Year G-Sec Yield will be positive for PSU banks. 10-Year G-Sec yield declined 8-bps to 1-month low at 5.92%. The fall is after the RBI announcement of issue of OMO in its Credit policy. #MOMarketUpdates #MotilalOswal #Indianstockmarket #LIChousing #NBFC #Nifty #Sensex #PSUBank #SBI #LIC #realEstate #home #Newhome
1) Tech stocks are witnessing smart rally today after TCS announced strong Q2 results. TCS reported Dollar revenue growth 7.1% to $5,420 million while expectation $5287mn. Company reported EBIT margin at 26.2% from 23.6% (QoQ) while expectation 24.8. Market hope of other tech players will be announced good quarterly results. Wipro will announceQ2 results on 13th October and Infosys on 14th October (ADR up 5%). 2) Newly-appointed SBI chairman Dinesh Kumar Khara said that the lender's business has recovered to around 70-80% of pre- Covid levels. Khara said his focus would be on credit quality, preservation of net interest margins (NIMs) and employee safety in view of the pandemic. Credit at the lender is growing in the range of 6-7% and the retail segment is holding up well, Khara said, pointing to the fact that much of corporate demand for debt is moving to the markets. The bank has already provided for all its legacy accounts and its corporate provision coverage ratio (PCR) is around 85% and overall PCR is 83%. #MOMarketUpdates #MotilalOswal #IndianStockMarket #Nifty #sensex #SBI #Techstocks #TCS #HCL
1) Beaten down Cement stocks are witnessing fresh buying today after a long time. The market expectation that the Cement demand will improve post-monsoon. Cement stocks expected to be benefitted after gradually reopening of lockdown and an increase in construction activities. Moreover, cement stocks not yet participated in the rally of the market despite Nifty surged to a 7-month high.2) Expects Diagnostic stocks will be positive after Thyrocare Technologies announced strong earning guidance. Stock gained nearly 30% in the last two trading sessions after the announcement. Company says that it has conducted more than 4 lakh Covid-19 RT-PCR tests and more than 3.2 lakh Covid-19 antibody tests as on September 30. Have enhanced capacity to do RT-PCR tests up to 400 per hour. Revenue for the quarter up 37% as compared to last year and up 171% as compared to the previous quarter. Expects positive for other Diagnostic stocks like Dr Lal Path lab, Metropolis and Apollo Hospital. #MOMarketUpdates #MotilalOswal #IndianStockMarket #nifty #sensex #NSE #cement #Medical #healthcare
1) The housing finance lender HDFC said that the month of September had seen the strongest recovery since the outbreak of the pandemic.2) TATA Motors - Tata Motors climbed up 8% to Rs144 amid hefty volumes of 9.7cr shares traded on NSE after the company announced strong growth its JLR sales volume on QoQ and positive free cash flow. The company says JLR’s cash and short-term deposits rose by 300 million pounds to about 3 billion pounds, primarily reflecting positive free cash flow for the three-month period. The company says its performance in China, the first region to come out of lockdown, has been incredibly encouraging.Mahindra & Mahindra- The company has informed the exchanges that booking for its latest SUV, 'Thar' has crossed 9,000, since its launch on October 2. #MOMArketUpdates #MotilalOswal #Indianstockmarket #nifty #sensex #TATAMotors #Mahindra #Thar #JLR