Amnish Aggarwal, Head-Research, Prabhudas Lilladher, discusses the metal sector rally, noting raw material gains drove profits. Volume growth is crucial for further gains. Safeguard duties offer price support. MNCs are…
"Some of the auto companies, although the run up there might not be that significant, some of the leading private sector banks, so this is the third segment, which you…
Tyre stocks have been enjoying an upward rally in the past few months. Major players like Apollo Tyres and JK Tyres have enjoyed a surge of nearly 16% on the…
The El Nino weather event may adversely impact rainfall during the upcoming winter season - thereby affecting the key rabi crop of wheat - and make the next summer season…
"Yes, this is just a routine correction which is healthy also if we are supposed to make new highs, so this sort of routine correction is also expected and should…
"One can go for options trades. I believe a long straddle at 17400 zone is very much likely to be played out for the next week expiry," says Shilpa Rout,…
"Bank Nifty is also holding very decisively at about 42000 which is a very good sign for the bulls and we should see targets of 44000 in a short while,"…
“We remain bullish on Indian markets and expect markets to scale new highs in 2023. We have a 12-month Nifty target of 21,035,” says Amnish Aggarwal – Head of Research,…
Having remained aloof to the selloff in equity markets worldwide, the Nifty too showed signs of being vulnerable on Friday as it broke its crucial support of 17,400 levels after…
Notwithstanding the upheaval on Dalal Street amid a rise in the US dollar index, domestic brokerage Prabhudas Lilladher has increased its Nifty target to 20,057, signalling an upside potential of…