Technical charts indicate the market appears poised to sustain its upward momentum going ahead. Technical analysts predict Nifty is likely to advance towards 22,600, followed by 23,000, with robust support at 21,920. They suggest stocks such as Oracle Finance, HDFC Life, Marico, Pidilite, ICICI Bank, Maruti, Cipla, Sun Pharma, Larsen & Toubro, PNB, HAL, and … Read more
Benchmark indices closed marginally higher for a second straight day on Friday amid mixed cues. The 30-share Sensex jumped 178 points to settle at 72,026 and the Nifty climbed 52 points to 21,710. Stocks that were in focus included names like Century Textiles, which rose 0.84%, HAL, which jumped 3.30%, and Tata Steel, whose shares … Read more
Maker for Tejas fighter aircraft Hindustan Aeronautics (HAL) saw its market capitalisation cross the Rs 2 lakh crore mark for the first time on Friday after the stock rallied 6% in trade today to its fresh 52-week high level. HAL stock hit a new 52-week high of Rs 3,078.8 in today’s trade, backed by heavy … Read more
Brokerage firm UBS initiated coverage on HAL with a buy rating, and CLSA is positive on financial stocks like Bajaj Finance, ICICI Bank and Mahindra Financials. Motilal Oswal has a buy rating on IIFL Finance. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: UBS on HAL: Buy| … Read more
