Dinshaw Irani, CIO, Helios MF, says “people have FOMO, the fear of missing out, but the point is that there are so many stocks in the market, and we have seen that consistently around a third of the market does fairly well, and that is like a huge amount of stocks. So we have enough … Read more
Sanjiv Bhasin, Director, IIFL Securities, says “I am in the camp that says we may hit a crescendo. Generally, when fools buy, you should be looking to sell or book profits and when fools sell, you should be looking to buy aggressively. So, it is the total opposite of what dichotomy is, that the biggest … Read more
Gautam Shah, Founder & Chief Strategist, Goldilocks Premium Research, says “now our high conviction bet is SBI. It can do something special in 2024 if you want to just pick one stock among the largecaps. So given this view, banking as a space should do well and that should keep the entire market safe. You … Read more
Neeraj Chadawar, Head of Quant Strategy, Axis Securities, says “we firmly believe that the Indian economy is rightly placed and continues with the growth momentum and we continue to believe in double-digit returns. Given the valuations are stretched at current juncture, we believe that bottom-up theme is the best place to identify the stock based … Read more
Hindalco Industries. Share Price 605.60 03:59 PM | 27 Dec 2023 25.75(4.44%) UltraTech Cement. Share Price 10436.10 03:56 PM | 27 Dec 2023 417.46(4.16%) Bajaj Auto. Share Price 6709.65 04:01 PM | 27 Dec 2023 245.10(3.79%) Tata Motors. Share Price 740.90 03:59 PM | 27 Dec 2023 21.36(2.96%) JSW Steel. Share Price 875.90 04:01 PM … Read more
Brokerage Emkay initiated a buy rating on Tejas Networks, Dam Capital maintained a buy rating on Dwarikesh Sugar, Motilal Oswal has a neutral rating on Barbeque-Nation and ICICIdirect recommended a buy on Saregama India. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Emkay on Tejas Networks: Buy| … Read more
New York: Goldman Sachs Group’s head of global currency, rates and emerging-markets strategy says he’s learned two main main lessons from one of the biggest – and most-common – bad calls of 2023: the bet on post-pandemic China’s reopening boom. At the beginning of the year, Goldman was among the chorus of Wall Street banks … Read more
Rachna Dattani, Associate Director, IIFL Securities, says if somebody is thinking about diversifying the portfolio, I would definitely recommend a portion of it going to sovereign gold bonds which are closing but tranches will keep coming by every quarter. If somebody is looking at allocating an x amount in debt for three to five years, … Read more
Brokerage firm Emkay maintained a buy rating on ONGC and Oil India, Morgan Stanley remained overweight on Can Fin Homes, and CLSA has a buy rating on J Kumar Infra. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Emkay on Oil & Gas: Oil India and ONGCEmkay … Read more
Equity indices extended gains for a second day on Friday amid a firm trend in the US markets. The 30-share BSE Sensex climbed 241 points to settle at 71,106 and the broader Nifty50 went up by 94 points to 21,349. Stocks that were in focus include names like GAIL, which rose 7%, Polycab, which fell … Read more
