Weekly Top Picks: 4 stocks with score improvement and upside potential of up to 46%

Weekly Top Picks: 4 stocks with score improvement and upside potential of up to 46%

ET is providing these research reports as a complimentary offering to all ETPrime users. Click here to know more. Synopsis In the last one month as more and corners of Dalal street come under control of bulls, stocks from different sectors have seen an improvement in their analyst scores. The selected stocks depict a strong … Read more

Support above 18,900 can take Nifty to 19,700: Analysts

Support above 18,900 can take Nifty to 19,700: Analysts

Technical charts indicate Nifty could extend its recordbreaking run and the upward momentum acceleration towards 19,700 in the coming month. HDFC twins, Mahindra & Mahindra, Reliance Industries, L&T, Bajaj Auto, Hero Moto, JSW Steel, Bharti Airtel, Indian Hotels, HEG, Persistent Systems, Gabriel, and BEL, are some of the stocks recommended by technical analysts for short-term … Read more

Post merger, HDFC Bank to trade on higher margins and higher loan growth: Chakri Lokapriya

Post merger, HDFC Bank to trade on higher margins and higher loan growth: Chakri Lokapriya

Chakri Lokapriya, CIO & MD, TCG AMC, says “as we reach the date of the listing of the new entity, HDFC bank, because the arbitrage between HDFC and HDFC bank also is narrowing. HDFC bank from here on, it will trade on its fundamentals which is higher margins and higher loan growth.” The merged HDFC … Read more

Mcap of BSE-listed firms hits fresh record high of Rs 294.49 lakh crore in morning trade

Mcap of BSE-listed firms hits fresh record high of Rs 294.49 lakh crore in morning trade

The market capitalisation of BSE-listed firms hit a fresh all-time high of Rs 294.49 lakh crore in Wednesday’s morning trade as the benchmark Sensex reached its lifetime peak of 63,588.31. The 30-share BSE benchmark advanced 260.61 points or 0.41 per cent to hit its all-time high of 63,588.31 in morning trade. On December 1 last … Read more

Momentum Pick: Maruti Suzuki may give Rs 1,300 per share gains. Here’s how

Momentum Pick: Maruti Suzuki may give Rs 1,300 per share gains. Here’s how

Notwithstanding the recent correction, Maruti Suzuki India (MSIL) shares are in a strong uptrend and trading above most of their simple moving averages. The stock has a potential upside of 14% or over Rs 1,300 per share based on the current chart structure along with robust fundamentals. MSIL shares rallied 7% or nearly 650 points … Read more

Sectoral spotlight: Auto stocks step on gas pedal; M&M, Maruti, Tata Motors top buys

Sectoral spotlight: Auto stocks step on gas pedal; M&M, Maruti, Tata Motors top buys

Auto stocks have been in action over the past week witnessing a broad based rally. While the medium to long term prospect remains strong for the sector, stock selection will be key to reap benefits. Investors with a short term view can look to book profits while those willing to make new positions should see … Read more

Next few months should be good for sugar stocks: Sandip Sabharwal

Next few months should be good for sugar stocks: Sandip Sabharwal

“So, next few months should be good for sugar stocks. The key we will need to watch out subsequent to this and the start of the next sugar season is given that there are elections next year,” says Sandip Sabharwal, asksandipsabharwal.com.You have been tracking the prospects of sugar pretty closely. Just wanted to understand what … Read more

2 stocks Pankaj Pandey is bullish on from NBFC sector

2 stocks Pankaj Pandey is bullish on from NBFC sector

“So not major challenges we see from earnings growth perspective given the fact that most of the bigger sectors, especially banking are sort of firing all cylinders,” says Pankaj Pandey, Head Research, ICICIdirect.com.While everything is looking good, Nifty is up 10% from the recent low, Bank Nifty double digit gains. Are you a bit surprised … Read more

Selling could intensify if Nifty breaks 18,042: Analysts

Selling could intensify if Nifty breaks 18,042: Analysts

The Nifty has closed below its short-term moving average and the broader price structure. According to technical analysts, these indicate a possibility of a bearish head and shoulder pattern formation. Hence, upside momentum is expected only above the 18,267 level, while the index can witness selling if 18,042 is broken. Stocks such as Siemens, ABB, … Read more

Sensex snaps 3-day winning streak, falls 542 pts on US rate jitters

Sensex snaps 3-day winning streak, falls 542 pts on US rate jitters

Domestic investors were left a worried lot over reports of a likely faster and longer period of interest rate hikes from the US Federal Reserve. Indian equity markets posted their biggest one-day drop in over two weeks on Thursday, snapping a three-session winning streak, dragged by index heavyweight Reliance, ICICI Bank and IT stocks. The … Read more