Shares of air conditioner maker Blue Star can gain as much as 10% from current levels, according to Motilal Oswal. The brokerage initiated coverage with a Neutral rating, adding that the stock is fairly priced right now. With a price target of Rs 1,950 per share, the domestic brokerage forecasts an upside potential of 10% … Read more
In a stunning debut that defied expectations, LG Electronics India surged 50.4% from its IPO price on its first day of trading on Tuesday, taking its market capitalisation to Rs 1.16 lakh crore, or about $13.13 billion, higher than its South Korean parent LG Electronics Inc, which is valued at around $8–9 billion in Seoul. … Read more
In the Nifty200 pack, eight stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on September 2,2025, according to stockedge.com’s technical scan data. The 200-day daily moving average (DMA) is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced … Read more
The Indian market is likely to consolidate on Tuesday, tracking mixed global cues. The Nifty future closed negatively with losses of 0.20% at 25,173 levels on Monday. India VIX was up 1.3% to close at 11.98 in the previous session. On the options front, the maximum Call OI is at 25,500 and then at 25,300 … Read more
“If you listen to the management commentary accompanying the March results, it was fairly downbeat. April and May also reflect a similar tone. In fact, yesterday Voltas held an analyst meet where they reported a 20% to 30% dip in air conditioner sales, which is quite concerning,” says Dinshaw Irani, CEO, Helios Mutual Fund.What is … Read more
After a rough start to 2025, Tata Group stocks have staged a sharp rebound over the past three months. Sixteen group companies have posted double-digit gains—rising as much as 49%—but the comeback has been led largely by lesser-known names rather than the usual blue-chip heavyweights. Take, for instance, Automobile Corporation of Goa, which has emerged … Read more
“Going ahead what is interesting is markets are oscillating in a falling wedge pattern and Nifty today took support at the lower end of the wedge pattern and there it is trying to post a recovery. It will be interesting to see if market actually manages to scale past the resistance levels of 22,650, 22,700,” … Read more
The Indian market is likely to trade higher on Tuesday, tracking positive global cues. The Nifty futures closed in the negative with a loss of 0.34%, at 24,698 levels on Monday. On the options front, the maximum Call OI is placed at the 25,000 strike, followed by the 24,700 strike, while the maximum Put OI … Read more
BSE Midcap index has produced 12 gems since last Diwali, each delivering multibagger returns with 26 others yielding double-digit returns of 50% or more. There are 19 duds as well in the pack of 192 stocks which have fallen by up to 50% during this period. The 12 multibaggers are Indian Renewable Energy Development Agency … Read more
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