Indian market is expected to trade higher on Tuesday tracking positive global cues. The Nifty future closed negative with losses of 0.26% at 21830 levels on Monday. India VIX was up by 1.24% from 14.50 to 14.68 levels. Volatility was slightly down and has been cooling off in the last three sessions. Positive setup was … Read more
Nestle India. Share Price 27372.40 03:57 PM | 01 Jan 2024 792.11(2.98%) Adani Enterprises. Share Price 2917.20 03:59 PM | 01 Jan 2024 68.25(2.39%) Adani Ports & Special Economic Zone. Share Price 1047.85 03:59 PM | 01 Jan 2024 23.50(2.29%) Tech Mahindra. Share Price 1297.15 03:59 PM | 01 Jan 2024 24.50(1.92%) Coal India. Share … Read more
Brokerage Nomura maintained a buy rating on Fortis Healthcare, ICICI Securities initiated a buy on Cello World, Morgan Stanley maintained a positive view on HPCL and Emkay has a positive view on Emami. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Nomura on Fortis Healthcare: Buy| Target … Read more
Indian market is likely to consolidate on Monday tracking muted global cues. The Nifty future closed negative with losses of 0.37% at 21861 levels on Friday. India VIX was down by 4.21% from 15.14 to 14.50 levels. Volatility cooled off after steaming to higher zones and respected the bulls at higher zones. Positive setup was … Read more
The Indian market could consolidate at higher levels on Thursday amid the December F&O expiry. The Nifty future closed positive with gains of 1.01% at 21690 levels on Wednesday. India VIX was up by 5.98% from 14.68 to 15.55 levels. Volatility steamed to higher zones but created some momentum at lifetime highs. Positive setup was … Read more
Brokerage firm Spark Capital upgraded Lupin to a buy, Phillip Capital maintained a buy rating on Godrej Consumer, Morgan Stanley remained overweight on Aarti Industries and Geojit upgraded Bata India to a buy. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Spark Capital on Lupin: Buy| Target … Read more
Indian market is likely to trade higher on Wednesday tracking positive global cues. Nifty future closed positive with gains of 0.45% at 21499 levels on Tuesday. India VIX was up by 7.08% from 13.70 to 14.68 levels. Volatility spiked to higher zones and created some swings in the market. Positive setup was seen in stocks … Read more
The Indian market closed in the green for the second consecutive day on Friday, tracking positive global cues. The S&P BSE Sensex rose more than 200 points, while the Nifty50 closed above the 21,300 mark on Friday. Sectorally, buying was seen in realty, IT, metal, auto, and healthcare stocks, while selling pressure was seen in … Read more
With consistent earnings normalization, controlled credit costs, and healthy asset quality, earnings for PSBs are expected to grow at a more sustainable pace. We estimate the profitability of the top six PSBs under our coverage to rise to Rs 1.7 trillion by FY26 from Rs 573 billion in FY22 and from collective losses in FY18. … Read more
The Indian market is likely to trade higher on Friday tracking positive global cues. The S&P BSE Sensex rose nearly 400 points while the Nifty50 closed above 21,300 levels on Thursday. The Nifty future closed positive with gains of 0.75% at 21376 levels. India VIX was down by 4.79% from 14.41 to 13.75 levels in … Read more
