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No red flag in India but a period of extended low returns, or a pullback likely: Vikash Kumar Jain

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No red flag in India but a period of extended low returns, or a pullback likely: Vikash Kumar Jain

Vikash Kumar Jain, Investment Analyst, says CLSA has a proprietary India bull-bear index which is at an extremely bullish level, getting close to 90% bullish, typically around the levels where a corrective pullback is feared. When something like this happens without any big worry or a red flag can at times mean shallow corrections or … Read more

stock recommendations: Hot Stocks: Brokerages on Eicher Motors, OMCs, Syrma SGS, Kaynes Tech & Hindustan Foods

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stock recommendations: Hot Stocks: Brokerages on Eicher Motors, OMCs, Syrma SGS, Kaynes Tech & Hindustan Foods

Brokerage UBS upgraded rating on Eicher Motors to Buy while Jefferies initiated coverage on Syrma SGS and Kaynes Technologies. Nomura also shared its views on oil marketing companies (OMCs) in the light of a Rs 2 per litre cut in petrol and diesel prices. We have collated a list of recommendations from top brokerage firms … Read more