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
Narayana Hrudayalaya Ltd, part of the hospital sector, has fallen by about 10% from its record high and is consolidating in a narrow range forming a Flag-like pattern on the daily charts. The stock is on the verge of a breakout from a Flag pattern. Hence, short-term traders can look to buy the stock for … Read more
Asian Paints Ltd, part of the paint industry, might be down marginally from the July 2023 high but chart pattern suggests that the stock is gaining momentum and should be able to hit fresh record highs in 2024. Short-term traders can look to buy the stock now or on dips for a possible target above … 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
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
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
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
Brokerage UBS maintained a buy rating on Zomato and initiated coverage on Adani Ports and Delhivery. Motilal Oswal recommended a buy on Siemens. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: UBS on Zomato: Buy| Target Rs 150UBS maintained a buy rating on Zomato with a target … Read more
Tata Consumer Ltd, part of the FMCG sector, hit a fresh record high in December and chart patterns suggest that the rally may not be over yet. Those who missed the rally can still look to buy the stock for a possible break above 1000 levels in the next 3-4 weeks, suggest experts. The FMCG … Read more
