Chart Check: Infosys takes support above the 50-DMA & 50% retracement of upmove from July: time to buy?
Short-term traders can look to buy the stock for a target above 1500 levels in the next 3-4 weeks, suggest experts.
Adani Ports shares fall 4% as investors weigh Israel-Hamas crisis on domestic companies
Palestinian Islamist group Hamas on Saturday launched the largest military assault on Israel in decades, killing hundreds of Israelis and triggering a wave of retaliatory Israeli air strikes on Gaza that continued through Sunday.
Hospitality stocks lead squad on Dalal Street as cricket lovers tune into ICC World Cup
Hospitality stocks have seen nothing less than a marathon run this year, and particularly in the last six months, with many of them scoring at least a half century.
Israel-related stocks under pressure after Hamas’ shock attack
Saturday’s assault has sparked fresh concern about geopolitical risks among investors just when global financial markets were already grappling with the impact of high-interest rates and the slowdown in China’s economy. Oil surged more than 5% while US equity futures dropped in Asia trading, as the risk of the conflict escalating across the Middle East […]
Oil India shares jump 8%, OMC stocks plunge on Israel-Hamas conflict
The fully integrated exploration & production company in the upstream sector accounts for 9% of the country’s total crude oil and natural gas production.
Q2 results season kicks off this week. 32 companies may report over 100% profit growth
Domestic cyclicals like banks, auto and capital goods are likely to lead earnings growth while healthcare and technology may clock a moderate earnings growth. Motilal Oswal sees Nifty earnings growing by 21% YoY in Q2 while Kotak Equities has predicted 23% growth.
Kotak Equities drops Samvardhana Motherson, adds 2 new stocks to portfolio
KIE removed Samvardhana Motherson from its recommended portfolio, while adding Cummins India and Colgate Palmolive instead. That said, KIE remains optimistic about Samvardhana Motherson’s fundamentals and long-term prospects even as it sees near-term headwinds from global growth challenges.
Technical picks: Bajaj Finserv among 4 stocks that can rise up to 8% in short term
A host of analysts have shared their tech views on particular stocks that can rally up to 8% in the near term. These stocks include Bajaj Finserv and DLF among others.
Big movers on D-Street: What should investors do with Ujjivan SFB, Kalyan Jewellers and PB Fintech?
Here’s what Pravesh Gour, Senior Technical Analyst at Swastika Investmart, recommends investors should do with these stocks when the market resumes trading today.
Stocks to buy today: DLF, NBCC among top 7 trading ideas
The S&P BSE closed at 65,995.63, up by 364.06 points or 0.55%. The broader Nifty50 closed at 19,653.50, gaining 107.75 points or 0.55%. Meanwhile, banking gauge Nifty Bank settled at 44,360.60, higher by 147.25 points or 0.55%.