The Indian market snapped a 3-day winning streak to close in the red on Wednesday, tracking muted global cues. The S&P BSE Sensex fell more than 100 points while the Nifty50 managed to hold on to 22,200 levels towards the close of the trade. Sectorally, buying was seen in the public sector, power, and capital … Read more
Consistent Performers The week ended on February 23, and during this time, the Sensex benchmark index went up by about 1% compared to the previous five trading days, closing at 73143, showing a gain in three out of the last five sessions. During this up move, ETMarkets found eight stocks in the BSE500 index that … Read more
Brokerage firm BofA Securities maintained an underperform rating on NHPC, Morgan Stanley has an Equal Weight rating on SAIL, and Jefferies recommended a buy on Thermax and PI Industries, respectively. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: BofA Securities on NHPC: Underperform| Target Rs 63 BofA … Read more
Indian market pared losses and closed in the green on Wednesday. The S&P BSE Sensex rose more than 170 points while the Nifty50 closed above 19,700 levels. Sectorally, buying was seen in capital goods, healthcare and telecom stocks while selling was seen in oil & gas, consumer durables, and banks. Stocks that were in focus … Read more
” Real estate essentially is a sector which is really poised for much better times. We think with softening in commodity prices and inflation lowering, interest rates probably have either peaked out or are likely to kind of trend lower which I think is going to be a stimulus or a catalyst for the real … Read more
Technical analysts expect the market to extend its decline this week. The Nifty is likely to touch the 17,600 level, and in case of further weakness, the index is expected to fall below the 17,200. Traders must buy stocks such as , , and Thermax; and sell , , BoB, and , analysts said. NAGARAJ … Read more