Brokerage firms such as Investec maintained a buy rating on Jindal Stainless. Bernstein recommends an outperform on Cipla, JPMorgan has a neutral rating on Maruti Suzuki and Motilal Oswal recommends a buy on Max Healthcare. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Investec on Jindal Stainless: … Read more
Recovering from a significant market downturn is a testament to a company’s resilience and ability to bounce back. The Nifty Smallcap100 stocks have witnessed impressive recoveries from their 52-week lows, showcasing their potential for growth and investor confidence. Among them, KEI Industries, Raymond, Cyient, Tanla Platforms, Jindal Stainless, RBL Bank, Kalyan Jewellers, and Suzlon Energy … Read more
Last calendar year was a rough year for Indian metal stocks, and all the hopes that 2023 will bring some respite for the beaten-down sector are down in the doldrums as of now. In CY23, the Nifty Metal index recorded a decline of roughly 15%, making it the second worst performer, with Nifty Media leading … Read more
Amid weak global cues and cautious March quarters earnings, Indian equity indices remained in the red last week. However, on Friday, Reliance Industries and ICICI Bank results matched the expectation of the analysts. The BSE Sensex index ended 847 points or 1.40% lower at 59,538, while Nifty50 fell 204 points or 1.14% at 18,828 last … Read more
Shares of multibagger Jindal Stainless rose nearly 4% to Rs 290.2 in Wednesday’s trade on BSE after the firm said it has acquired a 49% stake in Indonesia-based Nickel Pig Iron Company. Jindal Stainless signed a joint venture agreement with an Eternal Tsingshan unit to develop a greenfield 200,000 metric tonne nickel pig iron plant … Read more
“Going forward investors need to understand which Adani companies valuation-wise make sense to hold or which to buy at the current levels,” says Neeraj Dewan, Quantum Securities How should one view Adani Group of stocks after GQG buying into these counters? A big renowned fund putting in money in the Adani Group definitely gives some … Read more
Benchmark indices posted their biggest weekly losses in more than three months, but 32 smallcap stocks managed to give high double-digit returns with public sector banks leading the list. Shares of , The Jammu & Kashmir Bank, Central , and Punjab & rose more than 16-45% in the week ended December 9 and also scaled … Read more
NEW DELHI: Markets remained volatile last week but managed to end marginally higher, taking comfort from global indices. The beginning was downbeat but the mood changed in the final sessions, thanks to a sharp recovery in the US indices. Consequently, the benchmark indices, both Nifty and Sensex, erased their losses and ended higher to close … Read more
The bulls made a strong comeback this past week, with the benchmark indices recouping all the losses it made in the first three sessions to end the week on a strong note, thanks to an improvement in global sentiment and F&O related activity. Banking and auto stocks gained while metals and oil & gas stocks … Read more