Tech View: Nifty forms a long bull candle. What should traders do on Friday

“Nifty is now placed to witness a sharp upside breakout of the crucial resistance zone of around 18,200-18,300 levels. Hence a decisive move above this area could open the next upside targets of around 18,600-18,700 levels in the near term. Immediate support is placed at 18,150-18,100 levels, he said.

Sell Nifty@18,000, buy when it dips to 16,000: BofA Securities

BofA Securities recommends investors to book profits in Indian equities and advises buying into the dips if Nifty50 moves towards 16,000 level. While domestic flows remain resilient, global slowdown risks and potential volatility in commodity prices do not reflect in the earnings growth expectations for India Inc. The brokerage expects large-cap stocks to outperform mid […]

Mining multibaggers! 10 stocks chased by FIIs in FY23 rally up to 300%

Foreign institutional investors (FIIs) have been steadily increasing their stakes in over 110 Indian stocks for the past four quarters. ACE Equity data shows that the top 10 of these investments have delivered returns of up to 300% in the past year. One of the most successful investments for FIIs in India is in Axita […]

2 top stock recommendations from Rahul Sharma

​Otherwise, I think it is it is best to be stock specific as the momentum, especially in the mid small cap is pretty much there, which also indicates that the hot money is back into the markets in a big way.

How to trade Tata Steel shares after over 80% plunge in Q4 profit?

Tata Steel’s Q4FY23 earnings beat estimates, resulting in positive ratings from several top brokerages. Kotak and Nuvama retained a ‘Buy’ rating, while Motilal Oswal maintained a ‘Neutral’ stance. Tata Steel reported a consolidated net profit of Rs 1,705 crore, an 82% fall YoY, but beating the ET Now poll estimate of Rs 749 crore. Revenue […]