Big Movers on D-St: What should investors do with Policy Bazaar, UPL and EID Parry?
The stock formed a long bullish candle along with incremental volume activity and promising reversal formation near the 20-Day SMA (Simple Moving Average), indicating further upside from current levels.
Stocks to buy or sell today: 10 short-term trading ideas by experts
The S&P BSE Sensex recouped losses in the previous trading session and closed in the green for the fifth consecutive day on Thursday. Nifty50 closed above 17550 levels.
At multi-year highs: These 6 stocks gave 5-year breakouts
In the NSE list of stocks with a market cap of over Rs 2000 crore, six stocks crossed their previous 5-year high value at the close on October 20, suggesting bullishness in counters, according to stockedge.com’s technical scan data. Take a look
Trader’s Guide: These 2 Tata group stocks can jump up to 6% in short term
With global markets stable, there is a good possibility of the markets extending their up-move in Friday’s session. A few of the low-beta stocks are seeing some traction again.
Stocks in the news: RIL, Axis Bank, ITC, Coforge, TCPL, Canara Bank and ColPal
RIL, HUL, Bajaj Finserv, JSW Steel, SBI Life Insurance, Hindustan Zinc, HDFC Life Insurance, Ambuja Cements, DLF, United Spirits, Torrent Pharma and Vodafone are among the companies that will announce their results for September 2022 quarter today.
What changed for market while you were sleeping
U.S. stocks closed lower on Thursday as data on the labor market and comments from a U.S. Federal Reserve official reinforced expectations the central bank will be aggressive in hiking interest rates outweighed a flurry of solid corporate earnings.
Sterling dips after Truss resigns, fragile yen weakens past 150 level
Fresh threats of intervention made by Japanese policymakers have kept investors on high alert, although there has been no news of further action since the Ministry of Finance’s dollar-selling, yen-buying intervention last month.
Axis Bank net surges 66% in Q2, asset quality improves
CEO Amitabh Chaudhry said strong profitability, adequate capital and good prospects for growth mean the bank is in no hurry to raise money to fund its acquisition of Citibank’s retail business announced earlier this year.
Varun Beverages, ABB, Page Inds and Tata Elxsi tipped to be large-caps
AMFI will officially announce the new list in the first week of January 2023, which will be valid from February to July 2023. Piramal Enterprises, Gland Pharma, Mphasis, Muthoot Finance, and Bandhan Bank are expected to move from large-cap to mid-cap, according to Nuvama.
Analysts up IndusInd targets, but stock falls
Morgan Stanley remains overweight on the stock with a target price of ₹1,475 apiece. “Margin improved quarter-on-quarter despite higher rates,” Morgan Stanley said in a client note. “(The) management guided to growth acceleration and better loan mix, asset quality. We raise estimates while valuations are attractive at current levels.”