“Going by the monthly put options on the Nifty seems like a good idea where we feel that these put options can double or even possibly triple from the current levels,” says Rahul Sharma, JM Financial Services. Third straight day of decline and today it is around 200 points down, that is what we are … Read more
Mahindra & Mahindra (M&M) stock has outperformed not just Nifty50 but also the sectoral index Nifty Auto and momentum indicators suggest that the stock is trading in an overbought zone. Will the rally last on the current momentum or is it time to book profits? M&M shares have given returns of more than 28% over … Read more
NEW DELHI: With Motown in top gear, auto stocks once again rewarded investors handsomely in 2022, clocking double-digit returns for the third consecutive year. The BSE Auto index which is up around 18% so far in 2022, rallied 19% in 2021 and 13% in 2020. But interestingly, the auto index has managed to outperform the … Read more
“The new product launches will add value to and sales would be better in the coming couple of months. So I would buy Maruti with the target of Rs 10,000 from current levels,” says Rahul Shah, V-P, Equity Advisory, . After a 7% move coming from the auto index and with the auto sales data … Read more