Indian benchmark indices suffered a sharp decline on Friday, ending the week with a notable drop of over 1%. The downturn was driven by a combination of weak global signals and regulatory challenges. Investor sentiment was further dampened as some chose to lock in profits at record levels in anticipation of upcoming US employment data. … Read more
Mumbai : Every investor dreams of buying multi-bagger stocks, but identifying such opportunities is challenging.Out of about 400 stocks tracked by at least five analysts, about 54 are expected to deliver returns between 20% and 50% over the next 12 months, consensus estimates showed.Many of these stocks have become more attractive following recent market corrections, … Read more
DHARMESH SHAH, HEAD OF TECHNICALS, ICICI SECURITIESWhere is Nifty headed this week?We expect Nifty to continue trade with a positive bias and gradually head towards 24,700 by July end. Higher peaks and troughs supported by market breadth signifies inherent strength (currently 86% of stocks are trading above 50-day EMAs), and the global setup continues to … Read more
Sanjiv Bhasin, Director, IIFL Securities, says “three sectors – autos, specialty chemicals and metals or commodities are going to be the play from China. China has seen a re-rating and we have seen a strong accumulation. In fact, some FIIs have now started to sell here and buy some of the Chinese, particularly these three … Read more
