Momentum Pick: 8-16% upside potential seen in AU Small Finance Bank
“The bank has demonstrated its ability to execute and deliver a strong performance. Accelerated investments to uplift the franchise to sustain growth and expand more streams of revenue and activities, with the eventual goal of becoming a universal bank. The objective is to maintain a strong credit filter, granular growth in assets and liability along […]
Sebi’s new ASBA norm may increase competition among brokers: Upstox CEO Ravi Kumar
As of January 2023, the number of demat accounts in India increased to 11 crore, up from 8.4 crore during the same period the previous year, representing a 31% growth. While these figures are promising, there is still much work to be done. India’s population exceeds 1.4 billion, yet only about 5-6% are currently investing.
At multi-year highs: These 8 stocks gave 5-year breakouts
In the NSE list of stocks with a market cap of over Rs 1000 crore, five stocks crossed their previous five-year high value at the close on April 17, suggesting bullishness in counters, according to stockedge.com’s technical scan data. Take a look.
Hot Stocks: Brokerages on BHEL, India Hotels and Tata Chemicals
Morgan Stanley maintains an ‘overweight’ rating on Indian Hotels with a target price of Rs 388. Kotak Institutional Equities retains its ‘buy’ call on Tata Chemicals with a target price of Rs 1,210.
Golden Crossovers: These 3 stocks signal further bullishness
In the NSE list of stocks, three stocks with a market cap of over Rs 250 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’ […]
IndiGo, Colgate among 7 stocks that rose above their 200 DMAsBreakout
In the Nifty200 pack, these six stocks closed above their 200 DMAs (Daily Moving Averages) on April 17, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA […]
ETMarkets Smart Talk: Rohit Beri of True Beacon explains why he is underweight on tech & autos in FY24
While the markets are down from their December ’22 peaks, they are not cheap at a trailing P/E multiple of 20-21x from a historical perspective, and further multiple compression (and also time correction) cannot be ruled out.
F&O Ban: Delta Corp, Balrampur Chini under ban for trade on Tuesday
The future & options (F&O) contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.
10 smallcap stocks with highest dividend yield of up to 36%
Benchmark indices have delivered muted returns so far this year with both Sensex and Nifty down over 2%. Even though analysts say the second half of the year could be better, the upside will likely be capped till global trends turn positive. In such a scenario, here are 10 high-dividend yield stocks from the smallcap […]
Stocks to buy today: 8 short term trading ideas by experts
The Indian market is expected to consolidate on Tuesday, following tepid global cues. The S&P BSE Sensex plunged over 500 points, but the Nifty50 held on to its 17700 levels on Monday. According to Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, options data suggests a trading range shift between 17400 and 18000 zones.