Will October’s bears continue to dominate? Rahul Sharma answers

Will October’s bears continue to dominate? Rahul Sharma answers

“Going by the monthly put options on the Nifty seems like a good idea where we feel that these put options can double or even possibly triple from the current levels,” says Rahul Sharma, JM Financial Services. Third straight day of decline and today it is around 200 points down, that is what we are … Read more

Hyundai India IPO could trigger a sector-wide positive re-rating for auto stocks

Hyundai India IPO could trigger a sector-wide positive re-rating for auto stocks

The marquee IPO of Hyundai Motor India, which will be this country’s biggest public offering, could attract significant global interest and with it an influx of foreign capital. This might trigger a sector-wide re-rating for the auto industry, according to analysts. The Rs 27,870 crore IPO from Hyundai is the first from the major auto … Read more

Management commentary to set the tone for IT; iffy on city gas cos: Dipan Mehta

Management commentary to set the tone for IT; iffy on city gas cos:  Dipan Mehta

Dipan Mehta, Director, Elixir Equities, says the question that everybody on the Street will ask the IT company is how big is this AI opportunity. Is it for real? Is it going to translate into double-digit growth rates for the next four to five years for IT companies? If we get a positive response over … Read more

Hot Stocks: Brokerages view on SBI, Voltas, Zomato, Maruti and HDFC Bank

Hot Stocks: Brokerages view on SBI, Voltas, Zomato, Maruti and HDFC Bank

Brokerage firm CLSA maintained an outperform rating on Maruti Suzuki and downgraded HDFC Bank to outperform. Morgan Stanley maintained an overweight rating on Zomato and upgraded Voltas to Equal Weight. Bernstein downgraded SBI. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: CLSA on Maruti Suzuki: Outperform| Target … Read more

F&O stocks to buy today: RIL, ICICI Bank among top 7 trading ideas for 20 February 2024

F&O stocks to buy today: RIL, ICICI Bank among top 7 trading ideas for 20 February 2024

Indian market is likely to consolidate on Tuesday tracking mixed global cues. The Nifty future closed positive with gains of 0.32% at 22167 levels on Monday. India VIX moved up by 5.22% from 15.22 to 16.02 levels. Volatility slightly rose but created momentum for the bulls. Positive setup was seen in stocks like GMR Infra, … Read more