Infosys, NTPC and Hindustan Unilever were among the top large-cap stocks fancied by mutual funds in April, while reducing positions in SBI, Axis Bank and ICICI Bank. Overall, in the reporting month, mutual funds sold stocks worth Rs 5,100 crore while FIIs bought Rs 12,400 worth stocks in the secondary market, according to a report … Read more
, and are three stocks that Sumeet Bagadia, Executive Director, Choice Broking, says would be on the top of his radar for the week. “One can initiate a long position in at CMP Rs 2,526. Keep a stop loss at Rs 2,450 for a target price of Rs 2,650-2,700,” he adds. Edited excerpts: Where do … Read more
, and are three stocks that Sumeet Bagadia, Executive Director, Choice Broking, says would be on the top of his radar for the week. “One can initiate a long position in at CMP Rs 2,526. Keep a stop loss at Rs 2,450 for a target price of Rs 2,650-2,700,” he adds. Edited excerpts: Where do … Read more
Global brokerage Jefferies, which sees shares of nearing Rs 3,000 in its base case scenario, on Tueaday said that the EBITDA will grow at a CAGR of 19 per cent and PAT at 9 per cent over FY22-25E. In a report released after key announcements made by chairman Mukesh Ambani at the company AGM yesterday, … Read more
NEW DELHI: (RIL) June quarter results fell short of Street expectations but that could not change the consensus view on the stock meaningfully, despite a few contrasting views. Post quarterly results, the consensus target on the scrip stays at Rs 2,881, similar to Rs 2,880 before earnings, with 80 per cent of recommendations suggesting a … Read more
New Delhi: Eight of the top-ten most valued companies together added a whopping Rs 2,50,005.88 crore in market valuation last week amid a rally in the equity market, with Reliance Industries and Tata Consultancy Services emerging as the lead gainers. Last week, the BSE benchmark Sensex jumped 1,490.83 points or 2.55 per cent. Among the … Read more