Sectoral tailwinds, attractive valuation and improving market share make UTI AMC a worthy bet

The peaking of second wave seems to have boosted investor enthusiasm about equities and has drawn them back to mutual funds

Given the robust return ratios and CAMS’ vantage positioning, the premium valuation will sustain

With positive flows in equity schemes in the past couple of months, mutual funds have turned saviour for equity markets as they are seen absorbing the selling by FPIs

Ajcon Global has come out with its report on Krishna Institute of Medical Sciences. The research firm has recommended to #39;#39;Subscribe#39;#39; the ipo in its research report as on June 16, 2021.

Prabhudas Lilladher has come out with its report on Krishna Institute of Medical Sciences. The research firm has recommended to #39;#39;Subscribe#39;#39; the ipo in its research report as on June 15, 2021.

ICICI Direct has come out with its report on Krishna Institute of Medical Sciences. The research firm has recommended to #39;#39;Subscribe#39;#39; the ipo in its research report as on June 15, 2021.

Dodla Dairy IPO aims to raise Rs 520.17 crore through its public issue that comprises a fresh issue of Rs 50 crore and an offer for sale of up to 1,09,85,444 equity shares by the existing selling shareholders including TPG Dodla Dairy Holdings

Following the coronavirus pandemic and the likely trend of changing lifestyle with a greater focus on health, KIMS is expected to generate steady growth, Angel Broking said.

KIMS Hospitals IPO comprises a fresh issue of Rs 200 crore and an offer for sale of Rs 1,943.74 crore by selling shareholders

Dodla Dairy is the third largest in terms of daily milk procurement and has the second biggest market presence in the country among private dairy players.

KIMS Hospitals provides multi-disciplinary integrated healthcare services, with a focus on primary secondary tertiary care in Tier 2-3 cities and primary, secondary, tertiary and quaternary healthcare in Tier 1 cities.

Sona Comstar#39;s financials have remained largely stable over past few years, as EBITDA margin declined 70bp over FY19-21 (despite revenue CAGR of around 5 percent), said Prabhudas Lilladher.

Dodla Dairy has developed one of the leading brands in the dairy products industry in South India with strong consumer recognition, particularly in the states of Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.

Shyam Metalics IPO: The company has already mopped up Rs 270 crore from anchor investors at higher end of price band of Rs 303-306 per share

Analysts have ascribed a #39;subscribe#39; rating to the IPO citing the strong financials, a dominant position in Andhra Pradesh Telangana, diversified revenue across specialties, strong brand equity, and reasonable valuation compared to peers.

Analysts have ascribed a #39;subscribe#39; rating to the IPO citing the strong financials of the company amid expectations of a rise in demand for packed branded milk products post-pandemic.

Domestic investors invested in the company through anchor book included HDFC Trustee, Axis Mutual Fund, ICICI Prudential, Nippon Life India, IDFC MF, UTI MF, Mirae MF, and HDFC Life Insurance Company.

Anand Rathi has come out with its report on Krishna Institute of Medical Sciences. The research firm has recommended to #39;#39;Subscribe#39;#39; the ipo in its research report as on June 15, 2021.

On the sectoral front, except FMCG, all other indices ended in the red with energy and PSU bank indices slipping 1-2 percent.

Except IT and FMCG, all other indices ended in the red with the metal index falling more than 2 percent. BSE midcap and smallcap indices shed 0.5-1.3 percent.

On the sectoral front, except IT and FMCG, all other indices ended in the red with metal index falling nearly 3 percent and infra index losing 1.2 percent.

Among sectors, selling saw in the Nifty pharma and Nifty PSU Bank stocks. BSE Midcap and Smallcap indices rose 0.6 percent and 0.4 percent, respectively.

Among sectors, buying was seen in IT, energy and PSU banks, while metal, auto and banking names witnessed selling pressure. BSE Midcap and Smallcap ended in the red.

Among sectors, IT, metal and pharma indices rose 1-2 percent, while selling was seen in the FMCG and banking names.

Among sectors, metal, pharma and PSU bank indices were up 1-2 percent. BSE midcap and smallcap indices rose a percent each.

All sectoral indices ended in the red with auto, infra and PSU Bank indices shed 1 percent each. BSE Midcap and Smallcap indices lost 0.7-1 percent.

Experts see 16,000 as the next big hurdle for Nifty, while support for the index has moved higher to 15,500-15,600 after today#39;s session.

RBI kept the repo rate and reverse repo rate unchanged at 4 percent and 3.35 percent, respectively, with an accommodative policy stance.

Buying was seen in infra, metal, FMCG, energy and banking names, while pharma stocks remained under pressure.

Nifty auto, metal, energy and PSU Bank indices rose 1-3 percent each. BSE Midcap and Smallcap indices added over 1 percent each.

Among sectors, buying saw in the infra, IT and energy sectors, while bank, auto and metal sectors ended in the red. BSE Smallcap index shed 0.3 percent, while Midcap index ended flat.

Among sectors, except IT, auto and PSU bank, all sectoral indices ended in the green. BSE midcap and smallcap indices also ended higher.

Except for pharma and IT, all other sectoral indices ended in the green. BSE Midcap and Smallcap indices ended marginally lower.