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Jai Bala, CMT, Cashthechaos.com:

“The print of 24,570 is very important and today the Nifty Next 50 has claimed 52-week highs. Although it’s not at fresh all-time highs, a fresh 52-week high is also welcome. That’s a bullish signature for the market. And like I’ve been pointing out since February and March, the markets was corrective in nature. There is no change in my medium-term outlook. I’m anticipating the Nifty to be trading around 29,000 to 30,000 sometime between August and September 2026.”

Rupen Rajguru – Head, Equity Investments and Strategy, Julius Baer India

“In the first three months of this year, every month we have been through some crisis or the other. If you recollect. What now appears to be a pretty distant thing—in January, the only narrative or discussion point was the India–US trade deal, whether it would happen or not, and what would be the contours, which finally happened in February. Once the market was probably rejoicing that news flow, the big inflow of news around AI came through. So, the IT index was down almost 15–17% in February. And then, probably, the war came in. I think it overshadowed all these things. So in that entire period, what had happened is that across the board, because of FPI selling and also a general drawdown in the market, the sell-off was there across the board. So whether one should prefer small and mid-caps (SMIDs) or large caps, I think there is no right answer to it. I would go by the strategy of blending the two. While large caps as an index comprise a lot of the Indian economy, which is growing, to some extent they are in a mature phase. Be it consumption, IT, or to some extent large financials—they are all part of large caps. On the other hand, in SMIDs, while from a discussion point it is always good to talk about index PE, frankly, I would always go bottom-up, because there are always a few companies here and there which change the entire economic dynamics of valuation in these segments. In SMIDs, the participation of the newer economy and some of the newer themes is higher. If somebody wants exposure to defence, data centres, or manufacturing, the relative weightage of that in SMIDs is much higher. So if you want to play the growth and the next India story, SMIDs are where you find that. While I agree with the broad statement that valuations of SMIDs are higher than large caps, the alpha opportunities in SMIDs are much higher. I think it would be a completely bottom-up stock-picking market in that index. So I would say it is better to have a strategy that blends both large caps and selective small and mid caps.”

Jai Bala, CMT, Cashthechaos.com:

“The print of 24,570 is very important and today the Nifty Next 50 has claimed 52-week highs. Although it’s not at fresh all-time highs, a fresh 52-week high is also welcome. That’s a bullish signature for the market. And like I’ve been pointing out since February and March, the markets was corrective in nature. There is no change in my medium-term outlook. I’m anticipating the Nifty to be trading around 29,000 to 30,000 sometime between August and September 2026.”

Rupen Rajguru – Head, Equity Investments and Strategy, Julius Baer India

“In the first three months of this year, every month we have been through some crisis or the other. If you recollect. What now appears to be a pretty distant thing—in January, the only narrative or discussion point was the India–US trade deal, whether it would happen or not, and what would be the contours, which finally happened in February. Once the market was probably rejoicing that news flow, the big inflow of news around AI came through. So, the IT index was down almost 15–17% in February. And then, probably, the war came in. I think it overshadowed all these things. So in that entire period, what had happened is that across the board, because of FPI selling and also a general drawdown in the market, the sell-off was there across the board. So whether one should prefer small and mid-caps (SMIDs) or large caps, I think there is no right answer to it. I would go by the strategy of blending the two. While large caps as an index comprise a lot of the Indian economy, which is growing, to some extent they are in a mature phase. Be it consumption, IT, or to some extent large financials—they are all part of large caps. On the other hand, in SMIDs, while from a discussion point it is always good to talk about index PE, frankly, I would always go bottom-up, because there are always a few companies here and there which change the entire economic dynamics of valuation in these segments. In SMIDs, the participation of the newer economy and some of the newer themes is higher. If somebody wants exposure to defence, data centres, or manufacturing, the relative weightage of that in SMIDs is much higher. So if you want to play the growth and the next India story, SMIDs are where you find that. While I agree with the broad statement that valuations of SMIDs are higher than large caps, the alpha opportunities in SMIDs are much higher. I think it would be a completely bottom-up stock-picking market in that index. So I would say it is better to have a strategy that blends both large caps and selective small and mid caps.”

Persistent Sys Q4

Dharmesh Kant, Head of Research, Chola Securities

“I mean, the entire FMCG space is what we have not been liking. But yeah, alcobev is a space which we have liked for a while. And there, I think Radico Khaitan and Tilaknagar Industries stand out. So that space we are bullish on, on a stock-specific basis—Radico and Tilaknagar Industries are the companies which we have been liking.”

Dharmesh Kant, Head of Research, Chola Securities

“Nestle Q4FY26 earnings were an excellent set of numbers. It’s almost touching all-time highs, with 80% plus kind of RoEs, around 23–24% kind of sales, which is bound to give a good reaction. But we, as a house, have been away from the FMCG space entirely.”

“So, in the last one year, we have not touched any stock from the basket. I mean, good numbers, good reaction, but to our mind, the valuations don’t justify it for continuity of holding, for, say, a multi-year holding, two-year, three-year kind of holding. If you’re holding it, then the stock price may not reward you that handsomely.”

Shrikant Chouhan, EVP and Head Equity Research, Kotak Securities

Shares of Nestle India Jumped 7% after strong Q4 earnings results surpassed market expectations.

Nestle India Q4

Net Profit at ₹1,114 crore vs CNBC-TV18 Poll Of ₹998 crore

Revenue at ₹6,748 crore vs CNBC-TV18 Poll of ₹6,250 crore

EBITDA at ₹1,773 crore vs CNBC-TV18 Poll of ₹1,530 crore

Margin at 26.3% vs CNBC-TV18 Poll of 24.50%

Net Profit up 26%  at ₹1,114 crore vs ₹885.4 crore (YoY)

Revenue up 22.6%  at ₹6,747.7 crore vs ₹5,504 crore (YoY)

EBITDA up 27.6%  at ₹1,771.5 crore vs ₹1,389 crore (YoY)

Margin at 26.30% vs 25.20% (YoY)

Volume Growth In Double-digit

Recorded Double-Digit Volume Growth With Market Share Gain

Rupee at Day’s Low of 93.63/$ against the opening levels

Important inputs used in beverage packaging are now less readily available due to supply disruptions caused by the conflict in West Asia, which has an impact on imports and manufacturing. India’s reliance on foreign suppliers has made things more difficult, and rising metal prices are driving up costs.

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Coffee prices continue to trend lower, supported by a favourable crop in Vietnam

Cocoa prices remain subdued; Milk prices have firmed and are expected to remain elevated

The shares of Birlasoft surged over 3% today, adding to its recent gains.

The shares of Nestlé India have surged to a record high after reporting its Q4 results.

Volume Growth In Double-digit

Recorded Double-Digit Volume Growth With Market Share Gain

Recorded Highest-ever Domestic Sales

Nestle India shares gained 4% reacting to their fourth quarter earnings.

Its net profit was up 26% at Rs 1,114 crore and also above CNBC-TV18 poll of Rs 998 crore.

here

Nestle India Q4:

Net Profit At Rs 1,114 Cr Vs CNBC-TV18 Poll Of Rs 998 Cr

Revenue At Rs 6,748 Cr Vs CNBC-TV18 Poll Of Rs 6,250 Cr

EBITDA At Rs 1,773 Cr Vs CNBC-TV18 Poll Of Rs 1,530 Cr

Margin At 26.3% Vs CNBC-TV18 Poll Of 24.50%

Net Profit up 26% At Rs 1,114 Cr Vs Rs 885.4 Cr (YoY)

Revenue up 22.6%  At Rs 6,747.7 Cr Vs Rs 5,504 Cr (YoY)

EBITDA up 27.6%  At Rs 1,771.5 Cr Vs Rs 1,389 Cr (YoY)

Margin At 26.30% Vs 25.20% (YoY)

Bharat Parenterals | US FDA Issues 5 Observation For Arm Innoxel Lifesciences Units, Classifies Unit At VAI

Select trading opportunities with predetermined goals and stop losses across stocks have been selected by analysts.

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The shares of Can Fin Homes have risen over 9% in the past month of trading. The company shares rose with other housing finance stocks.

The shares of the state-owned Bank of Maharashtra surged over 5% today, adding to its recent gains, after the company announced its results.

Prestige Estates Projects Ltd.’s shares increased by 3% on Tuesday, April 21, following the company’s announcement that sales of its recently opened residential project, Prestige Golden Grove in Hyderabad, exceeded ₹2,500 crore in just two weeks.

In March, life insurers reported a range of growth trends, with retail segments exhibiting mixed movement and premium collections increasing across significant companies.

The shares of PNB Housing surged over 10% intraday today after the company announced its Q4 results.

The shares of Nelco have surged to over 9% after its results.

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