Shares of Pidilite Industries, part of the specialty chemical space, gave a breakout above the 50-SMA on the weekly charts, which has opened room for the stock to head higher towards Rs 2,600, suggest experts. Short-term traders can look to accumulate the stock on dips towards Rs 2,450 as it is already trading near overbought … Read more
Global brokerage firm BofA Securities maintained a buy rating on Manappuram Finance, Morgan Stanley had an overweight rating on Bharti Airtel, and JPMorgan remained underweight on Pidilite Industries. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: BofA Securities on Manappuram Finance: Buy | Target Rs 140BofA Securities … Read more
Global brokerage firm Citigroup maintained a sell rating on , JPMorgan remained underweight on , and Morgan Stanley has an overweight rating on . We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Morgan Stanley on Suzuki: Overweight | Target Rs 10,483Morgan Stanley maintained an overweight rating on … Read more
The Indian market is likely to trade higher on Thursday tracking positive global cues. The S&P BSE Sensex topped 63,000 while the Nifty50 hit 18,700 levels on Wednesday. We have collated stocks from various experts for traders who have a short-term trading horizon: Expert: Jayesh Bhanushali, Sr Derivatives &Technical Research Analyst, IIFL, told ETBureau : … Read more
The Nifty50 rallied 1.7 per cent in the week gone by to close above 17,800 levels and is just a per cent away from the 18,000 mark which most experts feel is achievable amid strong foreign flows and positive global cues. Foreign institutional investors (FIIs) have poured in nearly Rs 4,000 crore so far in … Read more
Technical analysts expect the Nifty to test 17,300 in the short term after the index closed above the 17,000-mark for the first time in nearly two months on Friday. The Nifty ended with a gain of 2.6% last week at 17,158.25. If it crosses 17,300, a further upmove towards 17,800 cannot be ruled out, said … Read more