Whalesbook
Toh kya scene hai dosto? Aaj Nifty 50 ne 0.76% ka jump mara closing 24,177.65 pe aur Sensex bhi 0.79% badhkar pohanch gaya 77,496.36 pe. Initially toh sab jagah buying chal rahi thi, lekin baad mein kuch logon ne profit book karna shuru kar diya, jis se gains thode kam ho gaye.
Sectors ki baat karein toh Auto, IT, FMCG aur Realty indices lagbhag 1% upar the. Infra, Metal, Oil & Gas aur Pharma sector bhi 0.5% ke aas paas badhe. Par PSU banks, media aur consumer durables thode gir gaye. Top gainers mein Maruti Suzuki India, Coal India aur ITC Limited the.
Ab chalte hain kuch specific stocks pe. Bandhan Bank toh 11% bhaga kyunki unka Q4 net profit 68% badhkar ₹534.14 crore ho gaya. Yeh sab mainly provisioning kam karne ki wajah se hua. Lekin bhai, margins ka pressure aur 3.27% ke Gross NPAs (GNPAs) ki chinta abhi bhi hai. CEAT ke shares bhi bhage, unka net profit 145% badhkar ₹243.85 crore ho gaya aur revenue 23% upar gaya. Greenply Industries ne Q4 mein 86.75% profit increase dikhaya jo ₹31 crore raha. Star Health ka net profit ₹111 crore tak pahuncha. Aur Vedanta ne toh kamaal kar diya, Q4 net profit 88% jump karke ₹9,352 crore ho gaya. Solara Active Pharma Sciences mein bhi 2.5% ka gain tha kyunki US FDA ne unki Puducherry facility ko improve karne ki salah di hai, koi badi violation nahi mili.
Par ek cheez dhyan dene wali hai, valuation! Jaise Bandhan Bank ka P/E ratio abhi 27-29x chal raha hai jo HDFC Bank ( 15.25x) aur ICICI Bank ( 16.48x) se kaafi zyada hai. Unka ROE bhi FY26 ke liye sirf 5% ke aas paas hai. Vedanta ka P/E bhi industry average 22.6x ke hisaab se dekha jaye toh uske peers jaise Hindalco ( 14.7x) se thoda upar hai. Pharma sector ka average P/E 29x hai, jisme Dr. Reddy's 18.1x aur Sun Pharma 37.3x pe trade kar rahe hain.
Ab baat karte hain FIIs ki. Yeh log April 2026 mein, April 20 tak ₹39,224.10 crore aur poore mahine mein ₹43,967 crore nikaal chuke hain. March mein bhi record outflow hua tha. DIIs zaroor support kar rahe hain paisa laga kar, par FIIs ki yeh selling dikhati hai ki global investors thode cautious hain. Aur bhai, US-Iran ke beech ki tensions aur crude oil ke prices mein volatility bhi market sentiment ko affect kar rahe hain.
Analyst bhi thode divided hain. JM Financial ne Bandhan Bank ko 'Add' rating di hai aur target ₹200 rakha hai. Motilal Oswal ko Star Health pasand hai aur unhone 'Buy' rating di hai. Lekin IIFL ne CEAT ko 'Buy' se 'Add' kar diya hai, thoda cautious ho gaye hain. Toh dekho, market ka future abhi global tensions, DII inflows aur companies ki costs manage karne ki ability par depend karega.