Hot stocks: Brokerage view on RIL, M&M, ICICI Bank, Ambuja Cements and IndiGo

Hot stocks: Brokerage view on RIL, M&M, ICICI Bank, Ambuja Cements and IndiGo

Brokerage firms such as Jefferies have maintained a ‘buy’ call on Reliance, while Investec and Morgan Stanley have a ‘buy’ and ‘overweight’ call on M&M, respectively. Axis Capital has downgraded ICICI Bank to ‘add’ from ‘buy’, while Ambuja Cements received a double upgrade from Nomura. Morgan Stanley has maintained an ‘overweight’ call on IndiGo. We … Read more

m&m shares: F&O stock strategy: How to trade Ambuja Cements and M&M?

m&m shares: F&O stock strategy: How to trade Ambuja Cements and M&M?

Indian headline indices S&P BSE Sensex and Nifty traded lackluster in the early trade amid weak US handover. Nifty fell by over 100 points to hit the day’s low of 22,346.50 amid selling pressure in banks, auto and FMCG stocks. Even as the benchmarks started on a weak note, there have been no significant alterations … Read more