Brokerage UBS upgraded rating on Eicher Motors to Buy while Jefferies initiated coverage on Syrma SGS and Kaynes Technologies. Nomura also shared its views on oil marketing companies (OMCs) in the light of a Rs 2 per litre cut in petrol and diesel prices. We have collated a list of recommendations from top brokerage firms … Read more
Indian headline indices started on a negative note on Friday following a weak US handover. While the S&P BSE Sensex was trading at 72,909 in the opening trade, down by 188.28 points or 0.26%, the broader Nifty hovered around 22,096.50, lower by 50.15 points or 0.23%. India VIX, a measure of volatility in Nifty, was … Read more
Nestle India. Share Price 2614.90 01:06 PM | 11 Mar 2024 53.96(2.11%) Cipla. Share Price 1506.90 01:06 PM | 11 Mar 2024 23.75(1.61%) Bajaj Finserv. Share Price 1606.65 01:06 PM | 11 Mar 2024 23.86(1.51%) Apollo Hospitals Enterprise. Share Price 6132.70 01:06 PM | 11 Mar 2024 83.90(1.39%) HCL Technologies. Share Price 1652.10 01:06 PM … Read more
“The kind of confidence, the kind of flow which we are seeing on the Street, that clearly shows yes, towards the end of this Feb series we are likely to see furthermore traction on the buying side and possibly Nifty can scale up to the level of 22,400 to 24,500 also in the continuation of … Read more
Indian market is expected to trade higher on Thursday tracking positive global cues. The Nifty future closed positive with gains of 0.46% at 21925 levels. India VIX was down by 2.34% from 15.81 to 15.44 levels. Volatility cooled off from its highs and gave way to the bulls at crucial support zones. Positive setup was … 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 likely to consolidate on Friday tracking mixed global cues. The Nifty future closed negative with losses of 0.80% at 21827 levels on Thursday. India VIX was up by 2.13% from 15.50 to 15.83 levels. Volatility has been on the rise for the last four weeks, creating market swings. Positive setup was seen … 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
“21,900 could act as resistance for the market and we can see some correction going forward,” says Aditya Arora, Adlytick.in. In terms of markets, yes, today it seems like 21,900 is that mark that everyone is keeping an eye out on right now. What are you seeing in terms of the markets both the benchmark … Read more
“We do expect that this rally can extend further. It is not a one-day rally and as we have already marked a new all-time high, overall if we analyse the structure, the short covering action was clearly there,” says Rajesh Palviya, Axis Securities. Let us talk about that record high rally that we saw on … Read more
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