Top picks! ICICI Bank, ITC among 10 large & midcap stocks that can rally up to 34%
Brokerage firm Axis Securities is positive on a few large and midcap stocks, which belong to different sectors such as banking, auto and pharma.
Chart Check: 100% rally in a year! This private sector lender breakout from a bullish Pennant pattern; time to buy?
Short term traders can look to buy the stock now as the momentum is likely to continue which could take the stock to fresh 52-week highs of 240-280 levels, suggest experts.
Sobha reports 48% jump in Q2 sales at Rs 1,724 crore; stock rises 4%
The average price realisation stood at Rs 10,223 per square feet with a new sales area of 1.69 million square feet which was up 26% over the corresponding quarter of the last financial year, the exchange filing said.
Nifty options strategy: What should traders do on October series’ first weekly expiry?
Rupak De, Senior Technical analyst at LKP Securities expects bearish trend to continue in the markets going ahead till the time Nifty stays below 19,500, with initial support likely around 19,330. A fall below this level could take the Nifty towards 19,250-19,200, he opines.
Hot Stocks: Brokerage view on PNB, L&T Finance, Marico and Indian Hotels
Morgan Stanley maintained an underweight rating on L&T Finance with a target price of Rs 110. The retail loan book continued to scale in Q2, and the disbursements remained robust. Retailization of loan book and retail loan book growth continues to be on track.
Stocks in news: Bandhan Bank, RBL Bank, Marico, Jubilant Foodworks, HAL
Bandhan Bank’s advances grew 12% year-on-year to Rs 1.08 lakh crore while its loan collection efficiency remained stable at 98% at the end of the September quarter.
At multi-year highs: Suzlon Energy among 7 stocks that saw 5-year swing high breakout
Big movers on D-Street: What should investors do with Nestle, Maruti and Coal India?
Stocks that were in focus included names like Nestle India, which rose 3.03%, Maruti, which fell 1.96%, and Coal India, whose shares declined 1.34% on Wednesday.
Stocks to buy today: Infosys, D-Mart among top 9 trading ideas
Synopsis: India VIX was down by 1.15% from 11.78 to 11.65 levels on Wednesday. Volatility has been hovering in a choppy manner with the absence of strength to the bulls.