Hot Stocks: Brokerages on M&M Finance and PI Industries

Hot Stocks: Brokerages on M&M Finance and PI Industries

Foreign brokerage Jefferies has a ‘hold’ rating on M&M Finance on expectations of strong loan growth momentum. Meanwhile, domestic brokerage Nuvama has a ‘buy’ on PI Industries. We have collated a list of recommendations from top brokerage firms from ETNow: Jefferies on M&M Finance: Hold | Target: Rs 295Jefferies maintains a hold stance on Mahindra … Read more

Tech View: Nifty shows no follow-up buying, reflects lack of strength

Tech View: Nifty shows no follow-up buying, reflects lack of strength

New Delhi: Nifty50 on Wednesday saw selling pressure, as it ended up forming a bearish candle on the daily chart. The index failed to see a follow through buying, following the breach of 15,200-15,400 range in the previous session, reflecting a lack of strength. Analysts said a fall below 15,400 could trigger further weakness in … Read more