Sell Nifty@18,000, buy when it dips to 16,000: BofA Securities

Sell Nifty@18,000, buy when it dips to 16,000: BofA Securities

BofA Securities recommends investors to book profits in Indian equities as it sees risks of a recession in the US emanating from the banking crisis, debt ceiling risks and the ongoing liquidity tightening by the central bank. “We see no upside to our Nifty year-end target of 18,000; would look to book profits,” equity strategist … Read more

3 sectors that Rahul Shah is bullish on right now

3 sectors that Rahul Shah is bullish on right now

“The new product launches will add value to and sales would be better in the coming couple of months. So I would buy Maruti with the target of Rs 10,000 from current levels,” says Rahul Shah, V-P, Equity Advisory, . After a 7% move coming from the auto index and with the auto sales data … Read more