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
Do you think Nifty will peak out at around 21,000-22,000-level? Hold on! The most bullish target for the new year 2024 goes as high as 25,000 while bears see the market crashing up to 20%. Domestic broking firm ICICIdirect has set Nifty target for December 2024 at 25,000 by valuing the index at 20x PE … Read more
Pidilite Industries Ltd, part of the specialty chemical space, hit a fresh 52-week high in January 2024 but the rally may not be over yet, and long-term investors can look to buy the stock for a possible target above 3000 levels, suggest experts. The specialty chemical stock hit a 52-week high of Rs 2792 on … Read more
Equity indices rebounded on Thursday after sliding for the past two sessions. The 30-share Sensex jumped 490 points to settle at 71,847 and the Nifty climbed 141 points to 21,658 points. Stocks that were in focus include names like Bajaj Auto, which fell 0.81%, Sobha, which jumped 15.8%, and Adani Ports, whose shares jumped 2.5% … Read more
Aptech Ltd, part of the education industry, has fallen more than 30% from May 2023 highs and has taken multiple support above 240 levels and bounced back which suggests that the stock has bottomed out. Short-term traders can look to buy the stock for a possible bounce back towards 300 levels in the medium term, … Read more
Exide Industries Ltd, part of the heavy electrical equipment space, has rallied more than 20% in the last 3 months which helped the stock to breakout from a multi-year swing high formed in 2018. Short-term traders can look to buy the stock on dips for a possible target of Rs 372 in the next 3-4 … Read more
Sun Pharmaceutical Industries. Share Price 1294.30 01:39 PM | 02 Jan 2024 33.71(2.67%) Divi’s Laboratories. Share Price 4017.05 01:39 PM | 02 Jan 2024 101.16(2.58%) Coal India. Share Price 391.85 01:39 PM | 02 Jan 2024 9.65(2.52%) Cipla. Share Price 1277.25 01:39 PM | 02 Jan 2024 26.25(2.09%) Oil And Natural Gas Corporation. Share Price … Read more
Bharti Airtel Ltd, part of the telecom industry, hit a fresh record high in December 2023 but pared gains as investors preferred to book profits but the chart pattern suggests that the rally may not be over yet. Short-term traders can look to buy the stock on dips for a possible target above 1100 levels … Read more
Divi’s Laboratories Ltd, part of the pharma industry, gave a breakout from an inverse Head & Shoulder pattern on daily charts to hit a fresh 52-week high last week which suggests that the trend is in favour of bulls. Short-term traders can look to buy the stock for a possible target above 4000-4300 levels in … Read more
Stock exchanges will be conducting a special live trading session on January 20 (Saturday), in a move to switch over to the Disaster Recovery (DR) site. This aligns with the framework for the Business Continuity Plan (BCP) and Disaster Recovery Site (DRS) for stock exchanges and depositories, outlined by the Securities and Exchange Board of … Read more
