Sandip Sabharwal, asksandipsabharwal.com, holds ICICI Bank and will continue to hold as the biggest holder. He has Axis Bank where the investors have got concerned in the short term because of the slow growth prediction which they have given for the industry, which is prudent. Ex of that, he is not holding any other banking … Read more
Also, Axis Securities recommends a buy on JK Cement and Nuvama has a buy rating on ITD Cementation. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: InCred on SBI Card: Reduce| Target Rs 600 InCred downgraded SBI Card to reduce from ADD earlier and has also slashed … Read more
Hero MotoCorp. Share Price 3100.85 03:59 PM | 11 Oct 2023 124.05(4.16%) Wipro. Share Price 421.15 03:59 PM | 11 Oct 2023 13.40(3.28%) Grasim Industries. Share Price 1980.10 03:59 PM | 11 Oct 2023 61.20(3.18%) UltraTech Cement. Share Price 8343.00 03:58 PM | 11 Oct 2023 184.70(2.26%) Dr. Reddy’s Laboratories. Share Price 5567.60 03:58 PM … Read more
The Indian market closed in the green for the third consecutive day. The S&P BSE Sensex rose more than 200 points, while the Nifty50 closed above 19,400 levels. Sectorally, buying was seen in banks, metal, public sector, and consumer durables, while selling was seen in power, FMCG, and oil & gas stocks. Stocks that were … Read more
Brokerage firm Goldman Sachs initiated a ‘Buy’ stance on UltraTech Cement and KPIT Technologies. Morgan Stanley remains ‘Underweight’ on India’s largest non-agri commodity index, MCX. We have collated a list of recommendations from top brokerage firms from ETNow: Goldman Sachs on UltraTech Cement: Buy | CMP: 8,458.90 | Target: Rs 8,720Goldman Sachs has given a … Read more
Shares of foodtech firm Zomato would be in focus on Monday following narrowing of its loss in March quarter. Sumeet Bagadia, Executive Director, Choice Broking, says the stock has shown support around Rs 58-55 while resistance is around Rs 75-80. “Short-term prospects in this stock might be appealing to risk-taking investors,” Bagadia says. Edited excerpts:Nifty … Read more
Indian market closed in the green for the sixth day in a row on Thursday following positive global cues. The S&P BSE Sensex rose more than 300 points while Nifty50 closed above 17900 levels. Sectorally, buying was seen in realty, telecom, IT, auto, and metals while selling was visible in power, and infra stocks. Stocks … Read more
Indian market closed in the green on Thursday for the second consecutive day. The S&P BSE Sensex rose more than 100 points while the Nifty50 closed just a shade below 17900 levels. Sectorally, buying was seen in IT, capital goods, the public sector, and banks while selling was visible in power, utilities, realty, and telecom. … 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
, part of the Indian IT sector, recouped losses and is down by about 20 per cent from its January 2022 highs. However, recent price action suggests that the stock could well retest record highs in the next 6 months. The IT stock hit a fresh high of Rs 800 on 10 January 2022 but … Read more