Nifty Bank hits record high, Sensex eyeing uncharted territory. Should you go with the flow?
Nifty Bank soared to a new record high on Monday, crossing the 44,400 level, due to non-stop buying by foreign institutional investors and optimism surrounding the US debt ceiling deal. The banking index has rallied around 400 points, while Nifty50 and Sensex are approaching their previous peaks. HDFC twins were the biggest contributors to the […]
We expect domestic pharma market to see significant growth: Rushabh Sheth
So, we think that it is very interesting that you are seeing consolidation right at the point where hopefully the business will start to see significant inflection in terms of consumer spend, so that is why we really like the space.
Here’s why Chris Wood is bullish on the real estate sector
Last year, they corrected because we were in a monetary tightening cycle. But actually, the actual physical property market kept recovering. So, the moment we get a hint of easing, the property market stocks will do very well.
Indian companies navigating current slowdown reasonably well: Rushabh Sheth
There are still a lot of moving parts. So I think from a domestic economy standpoint, we are well placed. However, from a global standpoint there are still, as you rightly said, there are a lot of moving parts.
MSCI rejig on May 31: Adani Transmission, Adani Total to exit; HAL, Max Health to be included
Adani Transmission, Adani Total Gas and Indus Towers are set to leave the MSCI Global Standard Index on May 31, 2023, with Max Healthcare Institute, Hindustan Aeronautics and Sona BLW Precision Forgings entering the index. The move is expected to result in outflows of $189m and $167m for Adani Transmission and Adani Total Gas, respectively, […]
Hot Stocks: Brokerage view on General Insurance, Info Edge, BHEL, Dabur, and Vodafone
JPMorgan has upgraded General Insurance Corporation to buy with a target price of Rs 230, stating that it foresees an improvement in the trend of combined ratio for next year. Goldman Sachs has maintained its sell rating on both Info Edge and BHEL, with a target price of Rs 3340 and Rs 34 respectively. However, […]
Tech picks: Axis Bank, L&T Finance among 4 stocks that can rally up to 11%
The momentum in the equity markets will likely continue on the positive news from the that there was an in-principle breakthrough in the debt ceiling negotiations
Stocks to buy today: RIL, SBI among top 9 short-term trading ideas
Indian markets are on a positive note as the Sensex increased over 600 points and the Nifty50 closed at 18,500 levels boosting the bulls and aiding in the fresh leg of the index. India VIX reduced by 4.95%, giving strength to the bulls, making Options data scattered in various far strikes in the monthly series. […]
Golden Crossovers: Kotak Bank among 6 stocks signal further bullishness
In the NSE list of stocks, six stocks with a market cap of over Rs 1000 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’ […]
At multi-year highs: These 10 stocks gave 5-year breakouts
In the NSE list of stocks with a market cap of over Rs 10,000 crore, 10 stocks crossed their previous 5-year high value at the close on May 26, suggesting bullishness in counters, according to stockedge.com’s technical scan data. Take a look.