“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
ITC. Share Price 422.45 04:08 PM | 13 Mar 2024 18.00(4.46%) ICICI Bank. Share Price 1083.95 04:08 PM | 13 Mar 2024 7.11(0.66%) Kotak Mahindra Bank. Share Price 1729.55 04:08 PM | 13 Mar 2024 9.21(0.54%) Cipla. Share Price 1471.25 04:08 PM | 13 Mar 2024 5.50(0.38%) Bajaj Finance. Share Price 6456.15 04:08 PM | … Read more
Brokerage firm CLSA maintained an outperform rating on Maruti Suzuki and downgraded HDFC Bank to outperform. Morgan Stanley maintained an overweight rating on Zomato and upgraded Voltas to Equal Weight. Bernstein downgraded SBI. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: CLSA on Maruti Suzuki: Outperform| Target … Read more
The Indian market was off to a muted start on Wednesday, expected to consolidate going further tracking mixed global cues. The Nifty future closed positive with gains of 0.25% at 22196 levels on Tuesday. India VIX was up by 0.82% from 15.60 to 15.72 levels. Volatility has been rising from the last two sessions. Positive … Read more
Indian market is likely to consolidate on Tuesday tracking mixed global cues. The Nifty future closed positive with gains of 0.32% at 22167 levels on Monday. India VIX moved up by 5.22% from 15.22 to 16.02 levels. Volatility slightly rose but created momentum for the bulls. Positive setup was seen in stocks like GMR Infra, … Read more