Indian market is likely to consolidate on Wednesday tracking muted global cues. The Nifty future closed negative with losses of 0.11% at 22577 levels on Tuesday. India VIX was down by 3.56% from 12.08 to 11.65 levels. On the weekly options front, the maximum Call OI is placed at 22,500 and then towards 22,800 strikes … Read more
Jyothy Labs, part of the household products industry, has fallen by about 20% from the highs and has found support above the 200-DMA on the daily charts. The stock is trading above crucial support levels; hence, a technical bounceback could be on the cards. Short-term traders can look to buy the stock now for a … Read more
Brokerage Citigroup maintained a buy rating on Adani Ports, CLSA maintained a buy rating on D-Mart, Macquarie initiated coverage on AB Capital and Jefferies has a buy rating on BEL. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on Defence: BEL, HAL, Data Patterns Jefferies maintained … Read more
Brokerage firm Jefferies maintained an underperform rating on GAIL India, Morgan Stanley maintained an overweight on Infosys, PNB Housing, and ICICI Lombard. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Morgan Stanley on IT: Infosys, HCL Tech, Wipro Morgan Stanley maintained an overweight rating on Infosys but … Read more
“Risk-reward is pretty favourable and if you look at market leaders like Col-Pal they are trading at 52-week highs, so they are already setting the trajectory for other FMCG peers to follow,” says Aditya Arora, Adlytick Help us understand this move that we have been seeing in the FMCG pack over the last couple of … Read more
Bajaj Finance. Share Price 6927.00 01:07 PM | 26 Mar 2024 166.11(2.46%) Hindalco Industries. Share Price 559.00 01:07 PM | 26 Mar 2024 11.25(2.06%) Oil And Natural Gas Corporation. Share Price 267.50 01:07 PM | 26 Mar 2024 4.25(1.62%) Britannia Industries. Share Price 4943.50 01:07 PM | 26 Mar 2024 78.50(1.62%) Adani Ports & Special … Read more
Brokerage Jefferies initiated coverage with a buy rating on Shriram Finance while UBS maintained a buy rating on Dr Lal PathLabs and Reliance Industries. Bernstein has an outperform rating on HDFC Bank. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on Shriram Finance: Buy| Target Rs … Read more
Indian headline indices ended with sharp cuts on Tuesday amid selling pressure in all sectors. The worst hit were FMCG, IT and energy. While The S&P BSE Sensex settled at 72,012.05, lower by 736.37 points or 1.01%, the broader Nifty closed at 21,817.45, down by 238.25 points or 1.08%. India VIX, a measure of volatility … Read more
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
Brokerage Nomura maintained a neutral rating on HDFC Bank, Kotak Mahindra Bank has a buy rating on InterGlobe Aviation, Jefferies recommended a buy on Piramal Pharma and UBS maintained a buy on Infosys. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Nomura on HDFC Bank: Neutral| Target … Read more
