“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
Mumbai: Analysts at most top brokerages trimmed or retained share price targets on Navin Fluorine International after the chemical maker posted weaker-than-expected December quarter results. The stock dropped 5.35% to close at ₹3,087 on Wednesday off its 52-week low of ₹3,030. The average analyst price target on Navin Fluorine available by Bloomberg after the third … Read more
Midcap stocks with lower free float outdid their peers in the past six months in terms of returns, according to an analysis by Kotak Institutional Equities. State-run Mazagon Dock Shipbuilders and Indian Railway Finance Corporation (IRFC) occupy top slots in the list of 20 best-performing midcap stocks, which also features Fertilizers and Chemicals Travancore (FACT), … Read more
One of the sectors that emerged strongly in terms of earnings growth as well as an investment theme on Dalal Street has been specialty chemicals. However, the volatility in equity markets this year, triggered by the hawkish monetary policy measures by central banks amid spiralling inflation have seen stocks in this space lose some sheen. … Read more
Indian domestic equity markets are likely to open on a muted note on Thursday tracking tepid global cues amid the weekly expiry of the future contracts. The S&P BSE Sensex and Nifty50 recouped losses on Wednesday to settle with mild gains. Here are select trading ideas from experts for trade today: Expert: Jayesh Bhanushali, Senior … Read more
Indian market closed in the green on Monday tracking positive global cues. The S&P BSE Sensex rose more than 300 points while Nifty50 reclaimed 17900 levels. Sectorally, buying was seen in realty, consumer durables, IT, utilities, and power stocks. Stocks that were in focus included names like which closed with gains of more than 6 … Read more
International, part of the chemical industry, gave a breakout from the 1-year consolidation range on the weekly charts earlier in August 2022, but failed to hold on to the momentum. The stock price pared some gains and has now taken support on the upper band of the consolidation pattern followed by a bullish candle which … Read more
Navin Fluorine International, part of the commodity chemical space, hit a record high of Rs 4,444 on August 1, 2022, on the BSE but failed to hold on to the momentum, but experts feel that long-term trend is still on the upside. The stock might consolidate in the near-term as it is trading near overbought … Read more
Mumbai: Chemical producers may post moderate profits in the June quarter, but investors could consider buying some of the beaten-down names in the sector. SRF, , , , , , , and are among analysts‘ top picks in the sector. Shares of various chemical companies have been under pressure in recent months on account of … Read more
A host of brokerages have come out with reports, offering insights into how various sectors performed in the June quarter and what investors should expect going into the results season. While a few sectors are yet to be previewed by analysts, those previewed are discussed below: IT sector Kotak Institutional Equities expect divergent performance across … Read more