Vinit Bolinjkar, Head of Equity Research, Ventura Securities, says Maruti will be powering in FY25 and would be my focus trade. Apart from that, among power stocks, Bolinjkar likes Adani Green, given that the IPOs of NTPC Green are scheduled to hit the markets. So, while there has been a slight profit-taking, the markets next … Read more
Shares of metal companies like National Aluminium surged 4.7% to its fresh 52-week high of Rs 21.40 while those of SAIL rallied 3.5% to day’s high of Rs 144.20 on the BSE as People’s Bank of China (PCoB) announced that it would cut the amount of cash that banks must hold as reserves (reserve requirement … Read more
Shivangi Sarda, Manager Research Analyst, Motilal Oswal Financial Services, says Maruti has been the top gainer today and good buying is seen in this stock. RSI is showing a positive divergence and this stock has moved after a consolidation of the last five months. Rs 13,800 is the next target for Maruti with the support … Read more
Shares of metal companies like Vedanta, National Aluminium (NALCO) and Tata Steel among others continued their rally for the second consecutive session today, rising up to 4% as China’s central bank announced broad monetary stimulus and property market support measures to revive the economy. Shares of NALCO surged by 4.2 % to day’s high of … Read more
The shares of Western Carriers listed at the bourses on Tuesday with a discount of 1.16%. The stock listed at Rs 170 on BSE as against an issue price of Rs 172. Meanwhile, on the NSE, the stock listed at Rs 171, down Rs 1 or 0.6%. The IPO received a healthy response from investors … Read more
Domestic markets edged higher on Friday, gaining nearly one and a half percent, largely tracking global trends. In today’s trade, shares of SpiceJet, Mankind Pharma, Vodafone Idea, Aarti Drugs, BHEL, RIL among others will be in focus due to various news developments. Allcargo Gati Rohini Nilekani, philanthropist and wife of Infosys co-founder Nandan Nilekani, purchased … Read more
The initial public offering (IPO) of Western Carriers was subscribed seven times so far on day 3, receiving nearly 14.6 crore consolidated share bids as of 1 pm on Monday against 2,08,68,467 crore shares available for subscription. The retail portion received a solid response and was booked 10.4 times. The non-institutional investors (NIIs) subscribed to … Read more
Domestic markets remained lackluster on Monday, closing marginally in the green, extending Friday’s brief recovery. In today’s trade, shares of Tata Steel, Torrent Power, TVS Motor, JK Tyre, Firstsource among others will be in focus due to various news developments. Tata Steel Tata Steel on Monday said Odisha would emerge as the company’s single-largest investment … Read more
The initial public offering (IPO) of Western Carriers was fully subscribed at 4.83 times as on day 2, receiving over 10 crore consolidated share bids as on Monday, 5 pm, against 2,08,68,467 crore shares available for subscription. The retail portion received a solid response and was booked 7.32 times. The non-institutional investors (NIIs) subscribed the … Read more
Benchmark Sensex reversed its early gains to close lower by 398 points on Wednesday amid weak global trends. In today’s trade, shares of Tata Steel, Arvind Fashions, Route Mobile, Adani Ports, NBCC among others will be in focus due to various news developments. SBIState Bank of India, PT Bank KEB Hana Indonesia and Bank SBI … Read more
