On the monthly expiry day, markets edged higher and gained nearly 1%, driven by favorable cues. In today’s trade, shares of Biocon, SJVN, Adani Green, Union Bank, Nuvama Wealth among others will be in focus due to various news developments. BioconBiocon has signed a licensing and supply agreement with Tabuk Pharmaceutical Manufacturing Company to commercialise … Read more
Seven stocks are under F&O trade ban on Thursday viz. Aarti Industries, Aditya Birla Fashion and Retail (ABFRL), Balrampur Chini, Bandhan Bank, Chambal Fertilizers & Chemicals, Hindustan Copper and RBL Bank. Meanwhile, Biocon has moved out of the ban. The Future & Options contracts of any stock enter the ban period when the open interest … Read more
The domestic market reversed its earlier gains and closed in red on Thursday as the RBI’s decision to hold its current policy with a caution. In today’s trade, shares of Grasim, Info Edge, LIC, Eicher Motors, SAIL among others will be in focus due to first quarter results and various news developments. LIC Life Insurance … Read more
The first quarter earnings season is underway and as many as 225 companies will announce their numbers on Thursday. Key results to watch out include that of LIC, Eicher Motors, RVNL, SAIL, MRF and GRSE. Apart from the above, companies like ABB India, Agri-Tech, Astral, AstraZeneca India, Biocon, Birla Corp, Container Corp, Emkay Global, HCL … Read more
Nifty could extend its gains as momentum remains strong with technical charts suggesting a positive bias. If the Index crosses and sustains above the 24,200 level, the momentum could push it towards 24,500-24,600. Analysts recommend stocks such as Reliance, ICICI Bank, LIC Housing Finance, Grasim, Praj Industries, Biocon, Cipla, Apollo Tyres, Tata Motors, and BEL … Read more
“I think the time has come for them to really take charge or take lead or join the overall bullish camp and that is what is sort of happening. A lot of people have started to relook at HDFC Bank,” says Rohit Srivastava, Strike Money Analytics & Indiacharts.What are you reading of this kind of … Read more
Domestic indices Sensex and Nifty hit their new closing lifetime highs on Friday, following buying in market heavyweights. In today’s trade, shares of Zomato, Paytm, HAL, Som Distilleries, Adani Enterprises, TCS among others will be in focus due to various news developments. APL Apollo TubesThe National Company Law Appellate Tribunal (NCLAT) has directed the NCLT … Read more
Indian markets are likely to consolidate on Friday tracking mixed global cues. The Nifty future closed positive with marginal gains of 1.54% at 23008 levels on Thursday. India VIX was down by 0.42% from 21.47 to 21.38 levels. On the weekly options front, the maximum Call OI is placed at 23500 and then towards 23000 … Read more
Brokerage firm JPMorgan maintained an overweight rating on LIC Housing Finance, Nomura has a buy rating on Info Edge, BofA Securities recommended a buy on Biocon and Jefferies upgraded M&M to buy. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: JPMorgan on LIC Housing: Overweight| Target Rs … Read more
Indian market is expected to trade higher on Friday tracking positive global cues. The Nifty future closed positive with gains of 0.84% at 22473 levels on Thursday. India VIX was down by 1.33% from 20.27 to 20 levels. On the weekly options front, the maximum Call OI is placed at 22500 and then towards 22600 … Read more
