Nifty seen heading to 25,300 as metals, midcap IT lead: Axis Securities’ Rajesh Palviya

Nifty seen heading to 25,300 as metals, midcap IT lead: Axis Securities’ Rajesh Palviya

Indian equities may extend their upward momentum next week, with Nifty heading towards 25,300 and Bank Nifty likely attempting 55,200, said Rajesh Palviya, Senior VP – Technical and Derivatives Research at Axis Securities. “Nifty managed to give a breakout of the falling trend line on the daily chart and comfortably holding above all its near-term, … Read more

Big movers on D-Street: What should investors do with HDFC AMC, HCL Tech and Sterling and Wilson?

Big movers on D-Street: What should investors do with HDFC AMC, HCL Tech and Sterling and Wilson?

Benchmark BSE Sensex jumped nearly 592 points while Nifty reclaimed the 25,000 level on Monday shares amid a firm trend in global markets. Stocks that were in focus include names like HDFC AMC, which gained 1.7%, HCL Tech, which jumped 1.2%, and Sterling and Wilson, whose shares rose 5% on Tuesday. Here’s what Viral Chheda, … Read more