Indian market is likely to consolidate on Wednesday tracking muted global cues. The Nifty future closed negative with losses of 0.11% at 22577 levels on Tuesday. India VIX was down by 3.56% from 12.08 to 11.65 levels. On the weekly options front, the maximum Call OI is placed at 22,500 and then towards 22,800 strikes … Read more
UPL. Share Price 475.15 03:59 PM | 15 Mar 2024 13.05(2.83%) Bharti Airtel. Share Price 1220.00 03:59 PM | 15 Mar 2024 25.41(2.13%) Bajaj Finance. Share Price 6514.35 03:59 PM | 15 Mar 2024 116.91(1.83%) HDFC Life Insurance Company. Share Price 632.35 04:03 PM | 15 Mar 2024 10.11(1.63%) Adani Enterprises. Share Price 3132.20 03:59 … Read more
Indian market failed to hold on to the momentum and closed marginally in the red on Friday. The S&P BSE Sensex managed to hold on to 73000 while the Nifty50 closed below 22,200 levels. Sectorally, buying was seen in telecom, capital goods, realty, consumer durables and industrials while some selling was seen in oil & … Read more
Brokerage firm Macquarie maintained an underperform rating on United Spirits, CLSA downgraded Sun TV to outperform, and Morgan Stanley remained overweight on M&M and HDFC Bank. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Macquarie on United Spirits: Underperform| Target Rs 910 Macquarie maintained an underperform rating … Read more
Hindalco Industries. Share Price 492.65 03:59 PM | 29 Sep 2023 25.80(5.52%) NTPC. Share Price 245.55 03:59 PM | 29 Sep 2023 8.50(3.58%) Hero MotoCorp. Share Price 3057.25 03:59 PM | 29 Sep 2023 87.25(2.93%) Dr. Reddy’s Laboratories. Share Price 5587.00 03:55 PM | 29 Sep 2023 157.90(2.90%) Divi’s Laboratories. Share Price 3765.15 03:57 PM … Read more
Brokerage firm HSBC maintained a buy rating on Tata Chemicals and it also has a buy rating on M&M. Motilal Oswal recommends a buy on HDFC Bank, and Emkay has a buy rating on SBI Life.We have collated a list of recommendations from top brokerage firms from ETNow and other sources: HSBC on Tata Chemicals: … Read more
Rahul Sharma, Director, JM Financial Services, says “there is a very big breakout in Grasim. About 21 months of consolidation. Finally,, cement stocks are seeing a bit of attraction this week. Rs 2,200-2,500 is the projected target for the next 12 months. So both short term and long term, Grasim looks pretty solid. Also, go … Read more
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
” Real estate essentially is a sector which is really poised for much better times. We think with softening in commodity prices and inflation lowering, interest rates probably have either peaked out or are likely to kind of trend lower which I think is going to be a stimulus or a catalyst for the real … Read more
Mahindra & Mahindra (M&M) stock has outperformed not just Nifty50 but also the sectoral index Nifty Auto and momentum indicators suggest that the stock is trading in an overbought zone. Will the rally last on the current momentum or is it time to book profits? M&M shares have given returns of more than 28% over … Read more