5 IT stocks hit 52-week highs; rally up to 55% in a month
On Wednesday, benchmark index Sensex saw a significant increase of approximately 394 points, ending the day at 66,473. During this upswing, 5 stocks from the BSE IT index reached their peak prices in the past 52 weeks.The 52-week high holds significant significance for specific traders and investors as it functions as a vital technical gauge […]
High-conviction picks: 6 mid, smallcap stock ideas for 9-29% returns
Prabhuas Lilladher’s six top picks from midcap and smallcap space have the scope to offer up to 29% returns to investors. Take a look:
Tech View: Momentum indicator triggers positive crossover. What traders should do on Thursday
The short-term trend of Nifty continues to be positive. A decisive move above 19,800 levels is likely to pull Nifty towards the next upside levels of 20,000-20,200 in the near term
Arvind and Company Shipping Agencies IPO to open on Thursday. 10 things to know about the offer
The company is offering its shares at Rs 45 apiece, and investors can bid for 3,000 shares in 1 lot. The net proceeds from the public offer will be used to meet capex requirements and other general corporate purposes.
Adani Ports among 6 stocks on which brokerages initiated coverage ahead of Q2 results
Ahead of Q2FY24 earnings, a host of brokerages have initiated coverage on several counters. They see a strong potential for value unlocking in these companies with a targeted upside of up to 40%.
Prabhudas Lilladher pegs 12-month Nifty target at 22,819, picks HDFC Bank & 4 other top bets
The domestic brokerage picked HDFC Bank, RR Kabel, Canfin Home, Navin Fluorine and ABB India as its conviction buys. A stable government post-elections with a continuation of economic policies could take markets to new heights, the note said.
As housing flats sell like hotcakes, will real estate stocks break all records?
On Dalal Street, investors are betting big on the boom with the Nifty Realty index now trading at 15-year high levels.
Spending so much on highways and trains, but is it helping people? Govt wants to know
The finance ministry has proposed productivity tests for railways, road transport, shipping, and metro rail projects to evaluate their impact on the economy and people’s lives. The Niti Aayog will monitor the data generated by these tests and provide recommendations. A study will also be conducted to assess the optimal share of different modes of […]
Chart Check: DLF hits 52-week high in October; trading in Ascending Triangle; time to buy?
The realty stock hit a 52-week high of Rs 564 on 10 October 2023. The stock has been in a strong uptrend after it surpassed the 2009 high of Rs 490 on 31st August 2023.
Hot Stocks: Brokerages view on TVS Motor, GSPL, Sunteck Realty and Hindalco
Brokerage firm DAM Capital has maintained a buy rating on TVS Motor Company, raising its target price to Rs 3051. HSBC also recommended a buy on GSPL, with a target price of Rs 328. Jefferies has a buy rating on Sunteck Realty, increasing its target price to Rs 555. Prabhudas Lilladher recommends a buy on […]