Brokerage firm IIFL Securities downgraded Sun TV to ADD while CLSA maintained a sell rating on Jubilant FoodWorks. Jefferies has a buy rating on Honasa Consumer and Motilal Oswal recommended a neutral stance on DLF. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: IIFL Securities on Sun … Read more
Equity indices declined for the sixth straight session on Thursday amid tension in the Middle East. The 30-share BSE Sensex slumped 900 points to settle below the 64,000 mark, while the Nifty dived 264 points to 18,857. Stocks that were in focus included names like BSE, which rose 1.97%, Jubilant Food, which declined 3.84%, and … Read more
Vinit Bolinjkar, Head-Equity Research, Ventura Securities, says RBL is definitely a stock to buy. So, irrespective of Mahindra putting money into this stock, we had a buy on this stock at Rs 130 with a target of Rs 260. Today, we are sitting around 210-220 odd levels still a way to go and our estimates … Read more
“Yes, this is just a routine correction which is healthy also if we are supposed to make new highs, so this sort of routine correction is also expected and should happen,” says Shilpa Rout, Prabhudas Lilladher. What do you make of the weakness, is it just a one-day move or maybe we are going to … Read more
Indian equities might advance on Monday, snapping their three-day losing run, after the US markets rallied on Friday, cheering the lower than-expected jobs data in December and the contraction of the country’s services industry activity during the month. Analysts, however, do not expect a rally to sustain for long as traders will be tempted to … Read more