Landmark Cars among 4 stocks on which brokerages initiated coverage ahead of Q1 results
Brokerages see a strong potential for value unlocking in these companies, which includes Landmark Cars and Avalon Technologies, with a targeted upside of up to 28%.
CarTrade Tech shares jump 17% on acquisition of OLX India’s auto business
The cost of acquisition of Sobek will be for a consideration of Rs 537.43 crore which is to be paid on the completion date of the acquisition, the company said in a filing to the exchanges. The nature of consideration is cash, the filing added.
Upside limited in IT stocks, Reliance for now: Sandip Sabharwal
“My reading of the way Mukesh Ambani has operated his business is that they would like to keep everything in the same basket. Unless and until there is a demarcation of the businesses among his children and to that extent, they need to demerge, that is something which won’t happen.”
We would still remain positive on the financial sector: Vetri Subramaniam
You are going to see multiple all-time highs over many-many years and decades in which you invest, what is more important to see is where is it from a valuation perspective.
Hot Stocks: Brokerage view on Container Corp, Bharti Airtel, Kewal Kiran and Tata Elxsi
The global investment bank believes that the ER&D spending slowdown seen over the last six months is structural and not cyclical. Channel checks suggest that there is no urgency amongst enterprises to spend on these areas. Reopening (post-Covid) requires less need for spending on connected and smart products.
ETMarkets Fund Manager Talk-Amidst frenzy in smallcaps, stay selective rather than aggressive: Aditya Khemani
While Nifty is at a new high and is creating a lot of buzz, the fact remains that it is up just 4% from October 2021 highs. So, I would say that one should be more balanced and measured in terms of return outlook from the markets. Early to mid-teens return annually is what I […]
Stocks to buy today: RIL, Bharti Airtel among 7 top trading ideas
India VIX was down by 0.59% from 11.53 to 11.46 levels on Monday. Volatility sunk lower and is hovering near its lower band which may support the bulls near immediate support zones. On the weekly options front, the maximum Call OI is placed at 19400 and then towards 19500 strikes while the maximum Put OI […]
At multi-year highs: These 6 stocks witness 5-year swing high breakout
A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond.
Positive Breakout: TCPL Packaging & 5 other stocks cross their 200 DMAs
The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock.
ETMarkets Smart Talk- This fund manager shares QGSV model to filter stocks
Additionally, strength in the financial sector and banking sector balance sheets, support from policy reforms, and the improving trinity of government spending, private sector capex, and household capex add to a resilient growth outlook.