Indian market is expected to trade higher on Monday tracking positive global cues. The Nifty future closed negative with losses of 0.24% at 22538 levels on Thursday. India VIX was down by 4.77% from 14.30 to 13.61 levels. Positive setup was seen in stocks like Tata Chemicals, Tata Power, Tata Steel, OFSS, Glenmark, HAL, Tata … Read more
Indian market is expected to consolidate on Tuesday tracking mixed global cues. The Nifty future closed negative with losses of 0.01% at 22499 levels on Monday. India VIX was down by 0.47% from 15.24 to 14.92 levels. Positive setup was seen in stocks like BHEL, NTPC, Tata Communication, Gail India, PEL, Tata Power, MFSL, IGL, … Read more
Indian market is likely to consolidate on Thursday tracking muted global cues. The Nifty50 witnessed a breakdown on Wednesday from the important support level placed at 22050 zone after consolidating for 2 sessions. The selling was broad-based with midcap and smallcap indices losing nearly 2% each. India VIX achieved a fresh swing high as it … Read more
Brokerage firm Axis Capital initiated coverage on RBL Bank with an add rating, Jefferies maintained a buy on RIL, UBS upgraded Gujarat Gas to neutral and UBS maintained a buy rating on Zomato. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Axis Capital on RBL Bank: ADD| … Read more
Brokerage firm Nuvama maintained a hold rating on Hindalco, Jefferies downgraded Biocon to underperform, Elara Capital recommended an accumulate rating on Zomato and Sharekhan recommended a buy rating on Schaeffler India. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Nuvama on Hindalco: Hold| Target Rs 508 Nuvama … Read more
Indian market is likely to trade higher on Wednesday tracking positive global cues. The Nifty future closed positive with gains of 0.27% at 22231 levels on Tuesday. India VIX moved up by 0.31% from 16.02 to 16.07 levels. Positive trading setup was seen in stocks like Power Grid, Deepak Nitrite, Aarti Industries, BHEL, HDFC Bank, … Read more
Indian market is likely to consolidate on Tuesday tracking mixed global cues. The Nifty future closed positive with gains of 0.32% at 22167 levels on Monday. India VIX moved up by 5.22% from 15.22 to 16.02 levels. Volatility slightly rose but created momentum for the bulls. Positive setup was seen in stocks like GMR Infra, … Read more
Brokerage firm Nuvama remains positive on Quess Corp, Morgan Stanley recommended an Equal Weight rating on PB Fintech, and Citigroup has a sell rating on Paytm. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Nuvama on Quess Corp: Target Rs 630 Nuvama sees limited downside in Quess … Read more
With equities clocking stellar double-digit gains in the December quarter, the financial services sector made it to the shopping list of both foreign institutional investors and mutual funds, who pumped in more than Rs 32,000 crore in just seven stocks. Axis Bank, HDFC Bank, Bajaj Finance, and Cholamandalam Investment and Finance were the stocks that … Read more
Indian market is expected to consolidate on Thursday tracking mixed global cues. The Nifty future closed positive with gains of 0.18% at 22019 levels on Wednesday. India VIX was down by 1.71% from 15.79 to 15.51 levels. Volatility cooled off and paved the way for the bulls but created swings within a range at higher … Read more
