Wheat acreage jumps 5-fold to 7.56 lakh hectares so far this rabi season
In case of oilseeds, about 47.10 lakh hectares coverage has been reported as on November 4 of this rabi season, compared to 40.72 lakh hectares earlier. Out of total oilseeds, mustard acreage increased to 45.71 lakh hectares from 38.14 lakh hectares.
Tech View: Nifty forms long bull candle on weekly scale. What traders should do on Monday
Now, Nifty has to hold above 18,000 zones, for an up move towards 18,350, then 18,500 zones whereas supports are placed at 17,950 and 17,888 zones,” said Chandan Taparia of Motilal Oswal Financial Services.The index maintained its position above its 200-DMA, and the momentum indicator RSI is in a bullish crossover..
InterGlobe Aviation Q2 Results: Net loss widens to Rs 1,583 cr
During the quarter, the number of passengers increased 76% to 19.7 million
Sensex snaps 2-day losing streak to settle at 114 pts higher; Nifty above 18K level
Among Sensex stocks, Bajaj Finserv, Tata Steel, UltraTech Cement, SBI, Reliance, Asian Paints and Bajaj Finance were the top gainers in today’s trading session, rising about 1-4.5%.
ETMarkets Smart Talk: Planning to invest Rs 10 lakh in market? Try Dipan Mehta’s sectoral allocation
“I would advocate zero allocation to gold as an investment class. It is good for jewellery and nothing else. Let’s not compare Gold with Equites; there is no comparison. Selectively. In each industry, quality midcaps that have a niche, agility, aggressive management, or company-specific strengths should do very well and provide good outperformance.”
Festive demand to drive up sales, Devyani International shares can rise 16%, says Motilal Oswal
Devyani International reported sales growth of 45% YoY to Rs 7,47.4 crore in Q2FY23
Hot Stocks: Brokerages on M&M, Voltas, SRF, and UltraTech Cement
Goldman Sachs maintained a buy rating on M&M with a target price of Rs 1640. The global investment bank raised FY23/ FY25 EPS estimates by up to 4%. It expects investor focus to be on the company’s plans for capacity expansion.
Golden Crossovers: These 4 stocks signal further bullishness
In the NSE list of stocks, four stocks with a market cap of over Rs 100 crore are witnessing Golden Crossovers, according to stockedge.com’s technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks’ […]
Adani Ports can rally 23% on strong September results, says Nomura
However, management did highlight that land sales prospects are improving, and there exists the potential for significant land sales over the next 2-3 years, though the timing of such sales is uncertain, it added. We view this as a source of upside to our EBITDA estimates with a significant government push to set up manufacturing […]
Stocks to buy or sell today: 7 short-term trading ideas by experts for 4 November 2022
The stock has formed a bullish piercing candlestick formation near an important retracement zone which suggests that the uptrend is likely to resume.