Hot Stocks: Brokerages view on Avenue Supermarts, Bajaj Finance, ICICI Bank and Sun Pharma

Hot Stocks: Brokerages view on Avenue Supermarts, Bajaj Finance, ICICI Bank and Sun Pharma

Brokerage firm HSBC maintained a buy rating on Sun Pharma, Citigroup recommended a buy rating on ICICI Bank, JPMorgan has an overweight rating on Bajaj Finance and CLSA recommended a buy rating on Avenue Supermarts. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: HSBC on Sun Pharma: … Read more

Hot Stocks: Brokerages view on Paytm, Sun Pharma, M&M Financial and KEC International

Hot Stocks: Brokerages view on Paytm, Sun Pharma, M&M Financial and KEC International

Brokerage firm Macquarie maintained a neutral rating on Paytm, BofA Securities recommended a neutral rating on Sun Pharma, and Elara Capital maintained an accumulate rating on KEC International and M&M Financial Services. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Macquarie on Paytm: Neutral| Target Rs 650 … Read more

Technical Breakout Stocks: How to trade Alok Industries, Sun Pharma and Endurance Technologies on Monday

Technical Breakout Stocks: How to trade Alok Industries, Sun Pharma and Endurance Technologies on Monday

The Indian market closed in the green for the second consecutive day. The S&P BSE Sensex rose more than 170 points, while the Nifty50 closed above 21,700 levels. However, on a weekly basis, Nifty50 closed flat with a negative bias for the week ending January 5, 2024. Sectorally, buying was seen in IT, capital goods, … Read more

Ahead of Market: 10 things that will decide stock action on Monday

Ahead of Market: 10 things that will decide stock action on Monday

NEW DELHI: Building on last week’s gains, Sensex and Nifty started the Hindu accounting year Samvat 2080 on a positive note by ending 0.5% stronger. Sensex ended 355 points higher while Nifty ended comfortably above the 19,500-zone. Buying action was more visible in the broader market as the smallcap index rallied over 1% with Welspun … Read more

Big movers on D-Street: What should investors do with Patanjali Foods, Tata Motors and Sun Pharma?

Big movers on D-Street: What should investors do with Patanjali Foods, Tata Motors and Sun Pharma?

Equity indices declined for a second day straight on Wednesday as investors remained on the sidelines ahead of the US Federal Reserve’s interest rate decision. Stocks that were in focus included names like Patanjali Foods, which declined 1.45%, Tata Motors, which fell 0.17%, and Sun Pharma, whose shares gained 2.61% on Wednesday. Here’s what Riyank … Read more

Sustaining above 19,500 can take Nifty higher: Analysts

Sustaining above 19,500 can take Nifty higher: Analysts

Technical charts are currently signalling a notable absence of clear directional momentum in the market. If the Nifty index surpasses and maintains levels above 19,500, it could drive the index to the 19,700-19,800 range. Should the index breach the critical support level of 19,350, the downside target is anticipated to be within the 19,200-19,100 range. … Read more

Stocks to buy today: Paytm, NHPC among top 9 trading ideas for 21 July 2023

Stocks to buy today: Paytm, NHPC among top 9 trading ideas for 21 July 2023

The Indian market is expected to inch higher on Friday. The trend remains mixed; hence, some profit-taking could be seen at higher levels. The S&P BSE Sensex rose nearly 500 points while the Nifty50 closed just a shade below 20,000 on Thursday. India VIX was up by 1.59% from 11.60 to 11.78 levels on Thursday. … Read more

Support above 18,900 can take Nifty to 19,700: Analysts

Support above 18,900 can take Nifty to 19,700: Analysts

Technical charts indicate Nifty could extend its recordbreaking run and the upward momentum acceleration towards 19,700 in the coming month. HDFC twins, Mahindra & Mahindra, Reliance Industries, L&T, Bajaj Auto, Hero Moto, JSW Steel, Bharti Airtel, Indian Hotels, HEG, Persistent Systems, Gabriel, and BEL, are some of the stocks recommended by technical analysts for short-term … Read more

Kotak initiates coverage on Mankind Pharma, sees 11% upside. 3 reasons why

Kotak initiates coverage on Mankind Pharma, sees 11% upside. 3 reasons why

Kotak Institutional Equities initiated coverage on Mankind Pharma stock with ‘Add’ rating for a price target of Rs 1,875. The domestic brokerage sees an 11% upside in the counter from current levels. “Mankind Pharma is well-positioned to further leverage its robust marketing prowess and reach. Within branded Rx, we expect a ramp-up of specialty and … Read more

Hot Stocks: Brokerage view on JSW Steel, Eicher Motors, SBI, Sun Pharma and Nykaa

Hot Stocks: Brokerage view on JSW Steel, Eicher Motors, SBI, Sun Pharma and Nykaa

Brokerage firm Morgan Stanley maintained its overweight rating on JSW Steel, SBI, Sun Pharma, and Nykaa. The brokerage also initiated an equal-weight rating on Eicher Motors. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Morgan Stanley on JSW Steel: Overweight| Target Rs 580Morgan Stanley maintained an overweight … Read more