Indian market is expected to consolidate on Monday tracking mixed global cues. The S&P BSE Sensex rose more than 200 points while the Nifty50 closed above 19800 levels on Friday. India VIX was down by 0.83% from 10.87 to 10.78 levels in the previous session. Volatility has been cooling off from the last three weeks … Read more
One could say that Reliance Industries Ltd’s attempt to rejuvenate Dalal Street investors with the introduction of 4G-featured JioBharat mobile phone somewhat failed, as the euphoria around it fizzled out too soon. The stock of RIL which rose to a six-month high on Tuesday, erased all of the gains and closed in the red. On … Read more
Brokerage firm Goldman Sachs remained neutral on Nykaa, Macquarie maintained a neutral rating on Reliance Industries, Jefferies has a buy rating on Delhivery, CLSA maintained a buy rating on Hindalco, and UBS resumed a sell rating on Tata Motors. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: … Read more
“I think the larger private sector banks have also consolidated for a long time. So I think they also present good opportunities, stocks like ICICI, Axis, or even if you want to take a higher risk, instead of taking it on a PSU bank, you could take it on a bank like IndusInd Bank, etc,” … Read more