Indian Railway Finance Corporation Share Price 158.72 03:59 PM | 30 Sep 2024 1.91(1.22%) Suzlon Energy Share Price 80.05 03:59 PM | 30 Sep 2024 -1.05(-1.29%) Indian Renewable Energy Development Agency Share Price 234.88 03:59 PM | 30 Sep 2024 2.69(1.16%) Tata Motors Share Price 974.65 03:59 PM | 30 Sep 2024 -18.36(-1.85%) YES Bank … Read more
Retail investors willing to hold General Insurance Corporation (GIC) for at least three years could buy the shares in the ₹4,701-crore offer for sale (OFS) – a route through which promoters sell their stakes – on Thursday. Analysts said investors looking for immediate gains could wait for a breakout before buying the shares. The two-day … Read more
Smart money has recently shifted toward fast-moving consumer goods (FMCG) and consumption-related shares, with global macroeconomic volatility in the shape of weak US economic data, a declining Yen, and rising geopolitical tensions dulling the allure of growth and momentum stocks. However, money managers and analysts see limited short-term upside for FMCG stocks due to high … Read more
As the June quarter earnings season began this week, FII inflow into Dalal Street has crossed the Rs 15,000 crore mark in June with analysts predicting that better than expected results of IT majors can attract more inflow. “FII flows will continue to be erratic, influenced by global factors. Better-than-expected results from IT majors who … Read more
A look at some of the latest stock recommendations by analysts. These stocks are expected to return between 15% and 31% as per analysts’ price targets. Inox Wind BROKERAGE: AXIS SECURITIES Price Target: Rs 185 CMP: Rs 141.9 Upside: 30.4% Well positioned to capture wind sector market share with stronger financials and robust order book … Read more
After forming fourth successive bull candles on the daily chart, Nifty ended June derivative series above the 24,000-mark for the first time ever amid short covering. The underlying trend of Nifty continues to be positive. A sustainable move above 24000-24100 levels could pull Nifty towards another Fibonacci extension resistance of around 24380-24400 levels in the … Read more
A look at some of the latest stock recommendations by analysts. These stocks are expected to return between 16% and 33% as per analysts’ price targets. Shivalik Bimetal Controls BROKERAGE: JM FINANCIAL Price Target: Rs 730 CMP: Rs 588.30 Upside: 24% Simultaneous play in switchgear, smart metering and EVs Emerged as a monopoly in the … Read more
Investors looking for safer bets on Dalal Street could consider HDFC Bank but they would be better off putting money in the stock in installments over the next few months. This is because the stock, despite cheaper valuations compared to its historical levels, could linger at these levels in the absence of visible triggers, said … Read more
With the proposed changes in criteria for stocks to be eligible for the futures and options segment, around 25 stocks are likely to be excluded from the current list, while nearly 78 are likely to find place in the segment, according to analysts’ estimates. Sebi has proposed changes for the eligibility of F&O stocks which … Read more
Nifty formed a long-legged Doji candle on the daily charts to breach a 5-day losing streak, ending 42 points higher at 22,531. The 50-DMA is placed at around the 22,400 level, and a slip below this level could shift the test to the 22,300-22,260 zone. However, crossing 22,660 could resume the bullish trend, Om Mehra … Read more
