Tech View: Nifty50 forms small bullish candle; upside capped

Analysts said the recent price action suggests the index is preparing for a downward trend. 17,700 and 17,500 will be key supports for the index incoming days, whereas any upside will be dependent upon a decisive break of the 18,000 level, analysts said.

These 7 IT stocks still trading more than 50% away from their 52-week high

Last week, Nifty IT index witnessed a gain of about 3.5%. However, in the calendar year 2022 so far, the index is down about 27% and its constituents have fallen over 14 per cent. If the index stocks start moving in an upward direction then it will be a very interesting sector to watch out […]

TCS, TechM among 6 stocks that can deliver strong returns in near term

Bulls continued to dominate Dalal street, resulting in outperformance vs peers. Analysts believe that beaten-down stocks are likely to take the front seat and are poised to reward investors. Based on analysts’ recommendations, here are six stocks which may lead the rally in the coming weeks, taking advantage of sectoral rotation:

These 6 outperforming smallcaps are trading at discount to their 5-year averages

We analysed BSE smallcap stocks whose current trailing twelve months (TTM) P/Es are trading below their 5-year average price-to-earnings (P/E). We excluded companies which have posted a net loss in any of the last five fiscal years. There were about over 100 stocks that have passed this filter. We further filtered companies that are in […]