The Indian market is likely to trade higher on Monday tracking positive global cues. The S&P BSE Sensex rose more than 200 points while the Nifty50 climbed 22500 levels in the morning trade. The index is likely to find some resistance around the 22750-22800 levels while on the downside 22300 is likely to act as … Read more
Benchmark indices closed higher for the third straight session on Friday. The 30-share Sensex climbed 190 points to settle at 72,831 and the Nifty advanced 84 points to 22,096. Stocks that were in focus include names like IREDA, which rose 5%, Infosys, which declined 3%, and Wipro, whose shares fell 2.5% on Friday. Here’s what … Read more
Indian market is expected to open higher on Friday tracking positive global cues. The Nifty future closed positive with gains of 0.28% at 21983 levels on Thursday. India VIX was down by 4.65% from 16.33 to 15.57 levels. Volatility cooled off after steaming in the entire week and paved the way for the bulls in … Read more
Indian market is likely to trade higher on Thursday tracking positive global cues. The Nifty50 experienced a sharp correction on Wednesday, but it managed to hold on to the 22000 level towards the close of the trade. The market may go sideways after a sharp rise and that may be considered as healthy from the … Read more
Indian market is likely to trade higher on Wednesday tracking positive global cues. The Nifty future closed positive with gains of 0.27% at 22231 levels on Tuesday. India VIX moved up by 0.31% from 16.02 to 16.07 levels. Positive trading setup was seen in stocks like Power Grid, Deepak Nitrite, Aarti Industries, BHEL, HDFC Bank, … Read more
Brokerage firm Jefferies downgraded ITC to hold and upgraded Lupin post Q3 results. Macquarie maintained an underperform rating on Zomato and an overweight rating on Page Industries. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on ITC: Hold| Target Rs 420Jefferies downgraded ITC to hold from … Read more
Indian market is likely to consolidate on Friday tracking mixed global cues. The Nifty future closed negative with losses of 0.80% at 21827 levels on Thursday. India VIX was up by 2.13% from 15.50 to 15.83 levels. Volatility has been on the rise for the last four weeks, creating market swings. Positive setup was seen … Read more
Brokerage firm Jefferies maintained a buy on JB Pharma, Citigroup has a buy rating on Nestle India, CLSA recommended a sell on Nazara Technologies and Morgan Stanley maintained an Equal Weight rating on Trent. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on JB Pharma: Buy| … Read more
Brokerage firm Jefferies maintained a buy rating on Godrej Properties as well as on Bharti Airtel post Q3 results. CLSA recommended an outperform rating on Britannia Industries and an underperform rating on TTK Prestige. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on Godrej Properties: Buy| … Read more
Indian market is expected to trade higher on Monday tracking positive global cues. The Nifty future closed negative with losses of 0.59% at 21,351 levels on Thursday. India VIX was up by 6.61% from 14.38 to 15.33 levels. Volatility spiked to 15.6 zones during the week and created swings in the market. Positive setup was … Read more