“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
In an interview with ETMarkets, Ratnaparkhi said: “Structurally, the Nifty50 is set to test 17000 on the upside in the coming weeks, and the bullish stance will hold true as long as Nifty trades above 16400.” Edited excerpts: A strong week for markets where bulls pushed the benchmark indices higher by over 2% each. What … Read more
The domestic equity market has formed a broad consolidation range between the 17,950 level on the higher side and the 17,400 level on the lower side. We have maintained that unless Nifty breaches the upper edge or violates the lower edge, the 50-pack will find itself trading within this defined range. Nifty stayed within this … Read more
NEW DELHI: The DPIIT has shared a list of 24 key sectors including food processing, toys, furniture, agro chemicals and textiles with respective ministries asking them to work on an action plan with a view to boost domestic manufacturing and make India a self-reliant country, an official said. The other sectors include organic farming, iron, … Read more