Indian market is likely to edge higher on Thursday tracking positive global cues, but may face selling pressure at higher levels. The volatility index, India VIX has failed to sustain above the 200-day EMA level and thereafter witnessed minor correction on Wednesday. Both FIIs and DIIs were net buyers on Wednesday to the tune of … Read more
Indian Railway Finance Corporation Share Price 195.85 03:59 PM | 9 Jul 2024 -6.18(-3.06%) One97 Communications Share Price 461.65 04:12 PM | 9 Jul 2024 -10.71(-2.27%) YES Bank Share Price 25.8 04:12 PM | 9 Jul 2024 0.13(0.47%) ITC Share Price 452.6 04:12 PM | 9 Jul 2024 9.0(2.03%) HDFC Bank Share Price 1636.5 03:59 … Read more
Indian market is expected to trade higher and might even hit fresh record highs tracking positive global cues. The Nifty future closed positive with gains of 0.67% at 24365 levels on Wednesday. India VIX was down by 3.19% from 13.67 to 13.20 levels. On the options front, the maximum Call OI is placed at 25,000 … Read more
Brokerage firms like Jefferies and UBS have buy ratings on HDFC Bank. Jefferies also maintains a buy rating on M&M Finance, while Citi remains neutral on M&M Finance. UBS reaffirms its buy rating on HDFC Bank. Additionally, Citi rates Avenue Supermarts as neutral, while Morgan Stanley rates it as overweight, with sell ratings from both … Read more
Indian benchmark indices scaled new heights gains in the last week of the June month despite mixed signals from the global market, particularly regarding inflation concerns. While the largecap stocks saw significant investor attention, the broader market of mid and small-cap segments underperformed. During the June month, as many as 187 BSE500 stocks have delivered … Read more
Indian market is expected to trade lower on Monday tracking weak global cues. The Nifty future closed negative with losses of 0.52% at 23460 levels on Friday. India VIX was down by 1.24% from 13.34 to 13.18 levels. On the options front, the maximum Call OI is placed at 24,000 and then towards 23,500 strikes … Read more
“I think the time has come for them to really take charge or take lead or join the overall bullish camp and that is what is sort of happening. A lot of people have started to relook at HDFC Bank,” says Rohit Srivastava, Strike Money Analytics & Indiacharts.What are you reading of this kind of … Read more
Synopsis Last few days of movement of the Nifty and Sense will make a number of people forget about what happened in March this year. The fact is that when valuations are high and they are even if takes into account the Q4 numbers. The probability of volatility hitting the street is always high. So, … Read more
Nifty is stuck in a narrow range between 23300-23500, and a break on either side will lead to trending moves, says Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities. “The underperformance of BankNifty is preventing Nifty from moving higher; for Nifty to break on the higher side, BankNifty must start performing. The undertone … Read more
As management has expressed optimism about consumption revival and confidence in their execution, Dabur India’s target price was raised to Rs 700 by domestic brokerage firm Emkay Global. Emkay Global said that they foresee Dabur benefiting from consumption recovery, with the company positioned to gain from steady distribution expansion, comprehensive portfolio category coverage, sustained focus … Read more
