These 6 commodity stocks hit their fresh 52-week highs
During Friday’s trading session, the Sensex benchmark index gained around 364 points, ending the day at 65,996. Amid this upward movement, 6 stocks listed on the BSE Commodities Index reached their highest price in the last 52 weeks. The 52-week high is of considerable importance to particular traders and investors, as it serves as a […]
Tech View: Nifty may show resistance at 19,800. What traders should do next week
The short-term trend of Nifty has turned positive. The overall positive chart pattern indicates next overhead resistance for the Nifty around 19,800 levels for the coming week. Any dip down to 19,550-19,500 levels could be a buying opportunity, said Nagaraj Shetti of HDFC Securities
Like in Russia & China, strong governments who think too much of themselves are dangers to stock market returns:Ajit Dayal
Quantum is launching a smallcap fund and the smallcap approach is a very disciplined research and portfolio approach. No stock will have less than 2% and no stock will have more than 4% at cost. Between 25 and 50 stocks, probably 40 stocks, will be there once we build out the portfolio. There would not […]
Chart Check: Apollo Hospitals breaks out from a 72-week consolidation range; what should investors do?
The stock hit a 52-week high of Rs 5362 on 28 July 2023, but it failed to hold the momentum. The stock finally found support above the 50-week moving average (above Rs 4700) on the weekly charts before bouncing back.
Modi’s green push spurs 120% mining stock frenzy in India
Increased appetite for all things linked to the manufacturing of electric-vehicle batteries and other renewables equipment has been a boon for many markets. But in Asia’s third-largest economy, investors are betting those gains have further room to run thanks to Prime Minister Narendra Modi’s goal to reach net zero emissions by 2070.
Valiant Laboratories shares list at 16% premium over issue price
Valiant Labs is an active pharmaceutical ingredient (API/bulk drug manufacturing company, with a focus on producing Paracetamol. APIs serve as raw materials for manufacturing finished dosage forms or formulations.
Takeaways from RBI MPC meet: Das & Co suggest there’s more than the status quo
The Reserve Bank of India’s Monetary Policy Committee has decided to keep the repo rate unchanged at 6.5% for the fourth consecutive time. The central bank also maintained its inflation forecast for the fiscal year at 5.4%. Despite uncertainties in the agriculture sector and volatile global food and energy prices, the MPC remains focused on […]
Golden Crossovers: Sadbhav Engineering among 3 stocks signaling further bullishness
Hot Stocks: Brokerage view on Tata Motors, Vodafone Idea, Godrej Consumer and Bajaj Finance
CLSA maintained a sell rating on Vodafone Idea with a target price of Rs 7. There is a continued share loss even in priority circles.
Asian stocks climb in calm before potential US payrolls storm
Sliding oil prices have also provided some relief to markets, with Brent crude futures at $84.50 a barrel, some $13 or 13.5% cheaper than last week’s 11-month high. [O/R]