Kaynes Technologies’ sharp 43% slide from its October peak, capped by a steep 12.5% drop on Friday, has raised questions about whether the stock is approaching a reversal zone or slipping into deeper losses. While momentum indicators remain firmly bearish, its stretched gap from the 200-day moving average suggests potential mean-reversion opportunities for tactical investors. … Read more
Axis Securities has released a sweeping list of 35 high-conviction stock ideas across 11 sectors after the second-quarter results, spanning real estate, power, IT services, cement, retail and FMCG. These picks reflect the brokerage’s view on India’s strongest structural themes — formalisation, consumption, credit growth, energy transition and manufacturing revival. The list below compiles all … Read more
Indian equities ended last week on a steady note, with the Nifty 50 forming a “doji” candle and holding above key support zones, a sign of resilience in the broader uptrend. According to Axis Securities, the index is expected to trade between 25,500–26,300 with a positive bias this week. Against this backdrop, the brokerage has … Read more
Indian equities ended the week on a strong note, with the Nifty 50 closing at 25,285, forming a long bullish candle that signaled strengthening momentum. Axis Securities expects the index to trade in a positive 26,000–24,800 range as it approaches key resistance near 25,500. Against this backdrop, the brokerage has identified three stocks, Vedanta Ltd, … Read more
Following a sharp 20% fall in PG Electroplast shares, the chart looks extremely weak, exiting on bounces seems a better strategy than attempting bottom-fishing, says Rupak De, Senior Technical Analyst, LKP Securities. In this chat, he also shares top 3 ideas for the week ahead. Edited excerpts: Nifty ended the week about 1% lower to … Read more
Sagility India is a fast-growing IT midcap added to Jefferies’ model portfolio by trimming exposure to Infosys. The brokerage projects 28% EPS CAGR, the highest among its peer set, driven by margin expansion, Broadpath synergies, and deleveraging. Even after a recent rally, the stock trades at 28x FY26 PE, a 20–30% discount to comparable BPM … Read more
The Indian market is likely to trade higher on Thursday, tracking positive global cues. The Nifty future closed positively with gains of 0.71% at 25,250 levels on Wednesday. India VIX fell by nearly 5% to close at 12.97 in the previous session. On the options front, the maximum Call OI is placed at 25,300 and … Read more
The Indian market is likely to consolidate on Wednesday, tracking muted global cues. Nifty futures closed in negative territory, down 1.39% at 23,308. India VIX rose nearly 9% to close at 13.86 in the previous session. On the options front, the maximum Call OI is placed at 23,500, followed by 24,000 strikes, while the maximum … Read more
The Indian market is likely to trade higher on Wednesday, tracking positive global cues. The Nifty50 closed 378 points higher at 23,739 on Tuesday. India VIX, the market’s fear gauge, edged lower by 2.33% to 14.02 in the previous trading session. The index has breached both the 50-day and 200-day EMAs, further cementing bullish momentum. … Read more
The Indian market remained volatile throughout Wednesday’s trading session but ended flat with a positive bias. Sector-wise, buying was observed in auto, consumer durables, FMCG, and IT stocks. Stocks that hit fresh highs include Vedanta, which rose nearly 3%, Swan Energy, which closed with gains of over 9%, and Eris Lifesciences, which ended 1.4% higher … Read more