Nifty is anticipated to trade within a range, and a move above 19,900 could trigger an extended rally possibly to new life highs, according to technical analysts. Conversely, in the event of profit booking, initial supports may emerge around 19,500-19,400. Stocks such as Bharti Airtel, Bajaj Auto, NTPC, Jindal Stainless, RIL, Lupin, BHEL, Divi’s Lab, … Read more
Mumbai: Housing, vehicle and consumer finance-linked NBFCs are expected to report about a 20% rise in earnings for the March quarter though profit margins may be squeezed due to the rising cost of funds. Bajaj Finance, Cholamandalam Investment and Finance and Shriram Finance may lead the growth due to strong consumer demand and as they … Read more
Various widely tracked companies like L&T, Bajaj Finserv, Sun Pharma, Coal India, Tech Mahindra, Britannia, Ashok Leyland and Jubilant FoodWorks would be releasing their December quarter report cards this week. Here’s a list: January 30 Larsen & Toubro, Bajaj Finserv, Tech Mahindra, Bharat Petroleum Corporation, Bajaj Holdings & Investment, GAIL, SRF, , REC, Laurus Labs, … Read more
Global brokerage BofA Securities maintained its buy rating on and , and JPMorgan initiated coverage on with an underperform rating. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: BofA Securities on : Buy| Target Rs 2805BofA Securities maintained a buy rating on Reliance Industries with a target … Read more