Brokerage firm Jefferies maintained a buy rating on HDFC Bank post-Q2 results while Axis Capital initiated coverage on Deepak Nitrite with a buy rating. Kotak Institutional Equities maintained a buy rating on Federal Bank and Jefferies recommended a buy on Dalmia Bharat. We have collated a list of recommendations from top brokerage firms from ETNow … Read more
Indian market is likely to consolidate on Tuesday tracking mixed global cues. The S&P BSE Sensex rose more than 300 points while the Nifty50 closed just a shade below 18600 levels on Monday. India VIX was up by 3.34% from 11.90 to 12.29 levels on Monday. Volatility was slightly up and thus giving some consolidation … Read more
Companies which enjoy higher institutional interest & having institutional ownership of at least 5% are considered in this list. Synopsis As the NIFTY continues its upward journey, bias of the underlying volatility has once again tilted toward bulls. During this period, there are still some pockets where stocks have seen an improvement in their analyst … Read more
The Indian market is likely to open flat on Monday tracking muted global cues. The S&P BSE Sensex fell more than 800 points while the Nifty50 managed to hold on to 17,600 level on Friday. India VIX moved up by 18.14% from 14.66 to 17.32 levels on Friday. On the options front, the weekly maximum … Read more
The Nifty managed to close above the support zone of 16,750-17,000, but absence of momentum is hindering an upmove. Technical analysts expect the index to consolidate in 16,450-17,450 range till October F&O expiry. Analysts said stocks such as , , ABB, , Angel One, , and could witness strength in the near term. ASHISH CHATURMOHTA … Read more
Mumbai: The Sensex and Nifty, which comprise the biggest of India’s companies, have appeared to be wobbly in the past six months but beneath the surface several stocks have shown resilience. Out of top 500 stocks on the NSE, 150, or 30% of the basket, are trading above three key trend indicators, pointing to bullishness. … Read more
Technical analysts expect the Nifty to test 17,300 in the short term after the index closed above the 17,000-mark for the first time in nearly two months on Friday. The Nifty ended with a gain of 2.6% last week at 17,158.25. If it crosses 17,300, a further upmove towards 17,800 cannot be ruled out, said … Read more
Mumbai: Chemical producers may post moderate profits in the June quarter, but investors could consider buying some of the beaten-down names in the sector. SRF, , , , , , , and are among analysts‘ top picks in the sector. Shares of various chemical companies have been under pressure in recent months on account of … Read more
NEW DELHI: Shares of Deepak Nitrite on Friday took a beating, falling 5 per cent in trade after the company reported a fire incident at its Vadodara manufacturing site. In an update on stock exchanges, the company post market hours on Thursday said the fire broke out around the warehouse section of its manufacturing site … Read more