CIE Automotive, JTL Industries, 4 other smallcaps can rally up to 25%: Axis Securities – Bullish Bets

CIE Automotive, JTL Industries, 4 other smallcaps can rally up to 25%: Axis Securities – Bullish Bets

Bajaj Finserv. Share Price 1634.65 03:59 PM | 06 Oct 2023 92.11(5.97%) Bajaj Finance. Share Price 8168.55 03:59 PM | 06 Oct 2023 317.66(4.04%) Titan Company. Share Price 3309.75 03:59 PM | 06 Oct 2023 93.25(2.89%) IndusInd Bank. Share Price 1434.80 03:59 PM | 06 Oct 2023 32.96(2.35%) Tata Consumer Products. Share Price 874.75 03:57 … Read more

3 top stock recommendations from Rajesh Palviya

3 top stock recommendations from Rajesh Palviya

“Nifty is approaching its next critical support area of 19,200. If we look at the overall call put concentration so 19,200 is having now major put writing activity,” says Rajesh Palviya, Axis Securities. Where are you seeing Nifty 50 as well as Bank Nifty headed for the upcoming week because we have a lots of … Read more

Commodity Talk: Direction in crude oil only after US debt ceiling resolution: Pritam Patnaik of Axis Securities

Commodity Talk: Direction in crude oil only after US debt ceiling resolution: Pritam Patnaik of Axis Securities

The market is exhibiting caution as it awaits a catalyst, precisely the outcome of the US debt ceiling talks, to determine its next directional move. Despite positive developments, we expect the discussions to widely go down to the wire, resulting in extreme volatility. As a result, we expect the crude prices to trade in a … Read more

3 top stock recommendations from Rajesh Palviya

3 top stock recommendations from Rajesh Palviya

“Yes, the Bank Nifty has given up the support area of 43,000 on a closing basis in Friday’s session. And now looking at the data setup, we believe that if it continues to remain below the 43,000 level, then we may see another round of selling pressure in the coming trading session,” says Rajesh Palviya, … Read more

Cyient shares up 10% in 2 sessions post strong Q4 earnings; should you buy?

Cyient shares up 10% in 2 sessions post strong Q4 earnings; should you buy?

Cyient Limited shares on Monday hit a new 52-week high of Rs 1,230.20 on the NSE. It was trading at Rs 1,197.45 at 10:40 am and was up Rs 37.80 or 3.26% from Friday’s closing price. The stock has shot-up nearly 10% in two trading sessions, reacting to the strong Q4 earnings posted by the … Read more

3 top stock recommendations from Rajesh Palviya for next week

3 top stock recommendations from Rajesh Palviya for next week

“Until the Bank Nifty does not cross this 40000 level a major short covering is not going to happen in the system. Most of the call writers for monthly expiry are writing the position around 40000 strike,” says Rajesh Palviya, Axis Securities. What levels you will be tracking for Nifty 50. For Nifty as well … Read more

Infra, BFSI: Key themes and stocks to focus ahead of the Budget

Infra, BFSI: Key themes and stocks to focus ahead of the Budget

Against this backdrop, key themes such as infra, BFSI, FMCG, and metals will be in focus in the run-up to the Budget and thereafter. The brokerage expects the overall capital expenditure for the infra segment in the Budget to increase by 20% year-on-year (YoY). The focus will be on the development activities such as roads … Read more

ETMarkets Smart Talk: We expect double-digit returns from Indian equities in 2023: Naveen Kulkarni

ETMarkets Smart Talk: We expect double-digit returns from Indian equities in 2023: Naveen Kulkarni

“We expect double-digit returns from Indian equities in 2023 in line with the benchmark earnings growth,” says Naveen Kulkarni, Chief Investment Officer, Axis Securities PMS. In an interview with ETMarkets, Kulkarni who has over 19 years of experience in the Financial Services and Telecom sectors, said: “The important factor for 2023 will be earnings growth … Read more

Nestle India Q1 preview: PAT may rise 12% YoY led by strong domestic performance

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MUMBAI: Fast-moving consumer goods company Nestle India is likely to report a 12 per cent year-on-year rise in net profit to Rs 589 crore for the quarter ended March, an average of estimates by eight brokerages showed. The company is also expected to report a strong 8.2 per cent on-year growth in revenues in the … Read more

What’s cooking at rate-setting review: Expect RBI to be more accommodative

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MUMBAI: In a reflection of the uncertainty that surrounds policy making these days, economists now believe that the best course of action for the Reserve Bank of India’s rate-setting panel on Wednesday will be to reiterate its commitment to keeping monetary policy accommodative in the wake of a raging second wave of Covid-19 infections in … Read more