Two stock ideas for next week by Nooresh Merani

Overall it was a week where we saw a bit of consolidation and now we are forming a new range. For the last three, four sessions we have made bottoms around the 17150 to 17200 mark and recovered from those lows every time while 17500 is acting as a resistance.

Here’s why Ajay Bagga is bullish on these sector

Absolutely, the setup is quite good and if we see a lot of negative catalysts did come in especially this week with the Nancy Pelosi’s visit and the Chinese armed drills right off the shore of Taiwan, but still we saw the Taiwanese market going up nearly 2%.

SBI posts surprise loss in Q1 due to treasury losses

RBI increased its benchmark repo rate for third time within four months on Friday as it reiterated its commitment to bring inflation down below its outer limit of 6%.The large investment losses overshadowed an otherwise solid performance with a loan growth of 15% driven by a 19% growth in retail loans and a 11% increase […]

Dalal Street Week Ahead: Market to stay highly stock specific

On the other hand, on the lower time frame charts, the Nifty has created a potential top at 17500 levels. This level is likely to act as resistance unless it is taken out comprehensively. Until this happens, one can expect profit-taking bouts from higher levels. In the same breath, one also needs to keep in […]

Here’s what Jhunjhunwala asked Titan management after Q1 results

The company management also informed Jhunjhunwala that it has opened up a second Fastrack Prescription eyewear retail store, to cater to the youth segment. It plans to add 5-6 stores in the Bengaluru city and take the number to 25 across the country. The company said it is expanding into the lifestyle segment.

SBI Q1 net profit down 6.7% at Rs 6,068 cr; misses St estimates

The profit figure missed ET NOW poll projection of Rs 8,300 crore by a wide margin. Net interest income (NII) for the quarter rose 12.87 per cent YoY to Rs 27,638 crore compared with Rs 31,196 crore in the corresponding quarter last year. ET NOW poll estimated NII figure at Rs 32,500 crore.