4 metal stocks Dharmesh Shah is bullish on for near term

4 metal stocks Dharmesh Shah is bullish on for near term

“We believe 51,400 to 51,000 should be the strong support for Bank Nifty and we should see a gradual recovery for Bank Nifty too. So, banking, metals, power space as a whole looks positive from the current levels,” says Dharmesh Shah, ICICI Direct.Any sector-specific moves that you are seeing? Any sectors that you are liking … Read more

Look out for buying opportunities whenever there is sharp correction: Hemang Jani

Look out for buying opportunities whenever there is sharp correction: Hemang Jani

“I think the broader call one will have to take only post getting the clarity on the earnings picture. But my overall view is that the Nifty or the largecap companies by and large should hold out. I do not see a reason for a significant downward correction as far as the Nifty and the … Read more

3 sectors Vinay Rajani is bullish on for near term

3 sectors Vinay Rajani is bullish on for near term

“And as you said that there has been a good sector rotation in the market and there are many stocks in the largecap segment also which are looking very good technically, they are giving fresh breakouts and follow-ups are also being registered, so that is a nice setup we can say. We are finding good … Read more

Stocks to buy today: BHEL, ONGC among top 9 trading ideas for 13 July 2023

Stocks to buy today: BHEL, ONGC among top 9 trading ideas for 13 July 2023

Indian market is likely to consolidate on Thursday tracking muted global cues. The S&P BSE Sensex fell more than 200 points while the Nifty50 closed below 19400 levels in the previous trading session. India VIX was down by 0.68% from 11.01 to 10.93 levels on Wednesday. Volatility sunk lower and is hovering near its lower … Read more

Can Q4 earnings be a game changer for this beaten-down pack?

Can Q4 earnings be a game changer for this beaten-down pack?

Last calendar year was a rough year for Indian metal stocks, and all the hopes that 2023 will bring some respite for the beaten-down sector are down in the doldrums as of now. In CY23, the Nifty Metal index recorded a decline of roughly 15%, making it the second worst performer, with Nifty Media leading … Read more

Stocks to buy or sell today: 7 short-term trading ideas by experts for 6 September

Stocks to buy or sell today: 7 short-term trading ideas by experts for 6 September

Indian markets opened higher on Tuesday despite mixed global cues. The S&P BSE Sensex rose more than 300 points while the Nifty50 reclaimed 17700 levels. Sectorally, buying was seen in utilities, power, realty, and energy stocks. Nifty50 reclaimed 17600 levels on Monday which is a positive sign, but it may face some resistance close to … Read more

Rakesh Jhunjhunwala likely exited this PSU firm in June quarter

Rakesh Jhunjhunwala likely exited this PSU firm in June quarter

New Delhi: Ace investor Rakesh Jhunjhunwala likely exited the state-run aluminium miner () during the June 2022 quarter. According to the company’s latest filing, Jhunjhunwala’s name was missing from the key shareholders’ list as of June 30, 2022. Listed companies are obliged to release the name of shareholders holding one per cent or more stake … Read more

Market Movers: What’s driving investors to NALCO, Hindalco’s counters?

Market Movers: What’s driving investors to NALCO, Hindalco’s counters?

MUMBAI: Aluminium stocks are proving to be the last man standing in the metal pack given the withering gains of steel stocks these past few weeks. While the rosy outlook for the sector has diminished towards the end of the year, investors seem particularly bullish that aluminium companies will maintain their stronghold. That bullishness was … Read more