KANAKA LINE
European tech is coming to Bengaluru's suburban tracks: Rs 1,017 crore ETCS upgrade planned across two corridors
Bengaluru's suburban rail project will adopt the European Train Control System (ETCS) Level-2 for corridors 2 and 4, with the signalling infrastructure estimated to cost Rs 1,017 crore, excluding GST and customs duty. K-Ride has floated a tender for the system, replacing the earlier CBTC proposal. The Mallige and Kanaka lines are expected to have different installation timelines, while ICF will manufacture 51 three-coach trains for the project.
In 75 hours, India’s longest train journey takes you across 4,188 km, from Assam’s tea gardens to Kanyakumari’s coastline; watch viral video
India's longest train journey, the Vivek Express, connects Dibrugarh in Assam to Kanyakumari in Tamil Nadu, covering around 4,188 km in approximately 75 hours. The journey takes passengers through several states, from Assam's tea gardens and the plains of Bengal to the cities of Odisha and Andhra Pradesh, before reaching the greener landscapes of Kerala and the southern coastline. Here is what travellers can see along the route and how to plan the trip.
These midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 20%, according to analysts
The way midcaps have performed in the last week. The biggest question would be whether this is another short-term profit booking move or the beginning of a long-phase correction and valuation adjustment. The answer would depend on one thing, how the SEBI advisory to mutual funds houses pans out. If the mutual fund decides to put brakes to the inflows that are coming into the schemes then it is very likely that we might see a sharp correction otherwise, while it might be a more timewise correction and price damage would be relatively less. During this phase, analysts are bullish on select stocks from different sectors, some of which are either the leaders of their sector or part of the top three companies that are known to be well-managed. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.
These midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 20%, according to analysts
Unlike the past, where the correction was led by large cap stocks, this time it has been midcap which has the correction. It is not the first time this correction has taken place and a similar trend is visible in the past also. In such times it would be better to select stocks where analysts are bullish. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.
These midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 20%, according to analysts
The way mid-cap stocks have performed in the last few days, it appears that a rotational correction is taking place. The only solace is that the street is rewarding the stock if there is any positive development which indicates that there is still fresh money which is on the sideline which moves into those stocks. But on the other hand, on a day when there is any correction, the cuts are sharper and market breadth turns extremely negative. For investors who have high exposure to mid-cap space, there is one key indicator to watch is FPI flows. But in this time also the analysts are bullish in select midcap stocks from different sectors. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.
These midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 20%, according to analysts
For the last few sessions when Nifty & Sensex had been correcting, midcaps kept their head above water and the market breadth was positive. Today when Nifty is trading in green, the gain in midcaps are higher as they continue to outperform. This is happening as the “risk on trade” continues. While one cannot rule out volatility, over the next few weeks, if there is a resumption of positive FII flow then we might see these stocks getting pushed. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.
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These midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 20%, according to analysts
Even when nifty and Sensex had been correcting, midcap stocks have been continuing with their party. Today when nifty is trading in green, the gain in midcap indices are higher as they continue to outperform. This is happening as the “risk on trade” continues with all the positive news across the globe and is clearly reflected in the overall markets breadth which is extremely positive. Over the next few weeks, if there is a resumption of positive FII flow than we might see these stocks getting pushed. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.
Bengaluru Suburban Rail project: Larsen and Toubro wins civil works tender for 'Kanaka' line
This contract also includes construction of a double decker alignment of 1.2 km length for BSRP Corridor-1 and Corridor-4 near Yelahanka, construction of a BSRP elevated viaduct of length 500 m below BMRCL (Bangalore Metro Rail Corporation Limited) viaduct near Benniganahalli, duly sharing right of way between BSRP and BMRCL. This is first of its kind in India, it said.
These midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 20%, according to analysts
As the “risk on trade” continues to get boosted with all the positive news across the globe and is clearly reflected in the overall markets breadth which is extremely positive. Just keep an eye on liquidity as reflected by FII numbers and the market breadth in the next few sessions as that will determine what happens to mid-cap stocks in the medium term. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.
These midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 20%, according to analysts
While it is clear that globally the “risk on trade” is catching up with emerging markets doing better than what they have been doing at the start of the year. But even in strong bullish markets, there are periods of corrections in which individual stocks may see some correction. Just keep an eye on liquidity as reflected by DII and FII numbers and the market breadth in the next few sessions as that will determine what happens to mid-cap stocks in the medium term. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.
PM Modi to embark on two-day visit to four southern states today
PM Modi will visit Karnataka, Tamil Nadu, Andhra Pradesh and Telangana on November 11 and 12. According to the Prime Minister's Office, on November 11, at around 9:45 am, the Prime Minister will pay floral tributes to the statues of saint poet Sri Kanaka Dasa and also to Maharshi Valmiki at Vidhana Soudha, Bengaluru.
Demand for legal services for people claiming to be Indians, lodged in Assam detention centres
Raising the issue through a Zero Hour mention, Jairam Ramesh of the Congress said there are six detention centres in Assam holding 998 foreigners.
Onus on emerging economies to speak up for inter-connected world: President Ram Nath Kovind
The president was delivering the inaugural address at the centenary conference of the Indian Economic Association at the Acharya Nagarjuna University (ANU) here.
Why parts of India are hotter than in the past? A ground report from Andhra Pradesh's Tiruvuru
As per a report, heatwaves in India caused 4,620 deaths in the last four years, out of whom 4,246 people died in Andhra Pradesh and Telangana.
Lok Sabha polls 2014: With Gowda Kin missing, field open for Congress win
Analysts had said voters weren’t exactly pleased with the JD(S) leader’s decision to force a by-poll when the 15th Lok Sabha’s term was ending.
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