Brokerage firm BofA Securities has an underperform rating on Paytm while Morgan Stanley recommends an overweight stance on Maruti Suzuki. Meanwhile, JPMorgan has an overweight rating on Exide Industries and BofA Securities upgraded Infosys to buy. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: BofA Securities on … Read more
Three stocks are on the F&O trade ban list on Tuesday viz. Bandhan Bank, Steel Authority of India (SAIL) and Zee Entertainment Enterprises (Zee). Meanwhile, Hindustan Copper has moved out of the ban. SAIL and Zee entered the ban list last week, and Bandhan Bank on Monday. The F&O contracts of any stock enter the … Read more
Nifty on Monday ended 153 points higher to form a green candle on the daily chart while registering a new all-time high. Positive chart patterns like higher tops and bottoms are intact as per the daily chart, and the present upmove is in line with the new higher top formation of the pattern. The short-term … Read more
Equity markets were mixed on Friday after the Reserve Bank maintained status quo on key rates and amid a negative trend in global markets. The 30-share Sensex inched up 20 points to settle at a fresh record of 74,248 and the broader Nifty ended with a marginal loss of 0.95 points at 22,513. Stocks that … Read more
Technical charts indicate a continuation of the positive trend going ahead, with the India VIX currently trading below 12. Any market dip presents a buying opportunity, as technical analysts predict Nifty will move towards the 22,800-23,000 levels soon. Stocks such as Vedanta, Hindalco, JSW Steel, City Union Bank, Canara Bank, HDFC Bank, ABB, ITC, HUL, … Read more
It turned out to be a rather listless session for domestic equities, with the Nifty 50 ended flat as the Reserve Bank of India’s policy announcements had no major fireworks. The central bank left policy rates unchanged and also retained its stance of focussing on withdrawal of accommodation. The Nifty 50 ended flat at 22513.70 … Read more
Shares of Aavas Financiers jumped nearly 8% on Friday and hit the day’s high of Rs 1,551.95 on the NSE in the early trade after the housing finance company reported 20% year-on-year growth in disbursements in the quarter ended March 31, 2024 at Rs 1,890 crore. On the sequential basis, the jump was 39%, the … Read more
MUMBAI – The Nifty 50 ended marginally higher on Thursday, but the session witnessed volatility amid bouts of profit booking. The 50-stock index ended 0.4% higher at 22515 points. On the daily chart, the index has formed a hanging man pattern, indicating a potential bearish reversal in the short term, said Rupak De, senior technical … Read more
Three stocks are on the F&O trade ban list on Thursday viz. Hindustan Copper, Steel Authority of India (SAIL) and Zee Entertainment Enterprises (Zee). SAIL and Zee are the latest entrants. The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market wide positions … Read more
The Nifty 50 ended on a flat note after a volatile session on Wednesday as mixed cues from global markets triggered profit booking. Rollover of positions to the May derivative series ahead of the expiry of the April series added to the volatility. While Nifty 50 ended flat at 22,434.65 points, it has formed a … Read more
