Beyond IPOs and FPOs, Ashish Kacholia, Zerodha invest in NPO which gives zero return
Smallcap czar Ashish Kacholia, known for his multibagger picks, invested Rs 30 lakh while Zerodha generously invested Rs 1 crore. Other two investors are NABARD and HNI Govind Vaidiram Iyer.
Nifty Bank projection goes up to 50,000 after Friday’s rally. Key levels to track
Analysts say that any retracements towards the 47,500 support level can be seen as a buying opportunity. The upside potential for the index is projected to reach 50,000, indicating continued optimism among market participants, said Kunal Shah of LKP Securities.
Tech View: Nifty RSI hints at overbought zone. What traders should do next week
Further upsides are likely once the immediate resistance of 2,1492 is taken out. Caution is however warranted for the near term as the 14-day RSI at 84.93 is in overbought territory.
Chart Check: Stick with defensives! Godrej Consumer Products gives a breakout from falling channel; likely to hit fresh record highs
The breakout has opened room for the stock to head higher and may even breach 1100 levels to hit fresh record highs in the next 2-3 months, suggest experts.
PNB becomes 3rd PSU bank to join Rs 1 lakh crore market cap club after 80% rally in six months
Stating the return ratio on the comeback path, domestic brokerage firm Sharekhan maintained its Buy rating on the stock with a target price of Rs 105, which indicates an upside potential of 17% from the current market prices.
These 12 smallcap multibagger stocks saw strong retail buying for 3 consecutive quarters
Stocks in the smallcap segment have had a dream run this year, backed by the relentless buying, particularly by retail investors. The S&P BSE Smallcap index has given a staggering 45% returns year-to-date, against the 16 returns given by benchmark Sensex.
Goldman Sachs sees BoE delivering its first rate cut in June
Goldman Sachs says its expectations for headline inflation to fall to 2.3% in the second quarter of 2024, compared to the BoE’s modal forecast of 3.6%, implies a faster deceleration in inflationary pressures in the coming quarters.
Dolly Khanna hits bull’s eye with these 5 multibagger stocks of 2023
Prakash Industries has also given multibagger returns in the last one year but it is not considered in this list as the stock was not in her portfolio in December 2022.
Maruti Suzuki among 6 stocks on which brokerages initiated coverage, expected to rally up to 45%
Ventura initiated coverage on KFin Technologies with a ‘Buy’ rating. The brokerage firm set a target price of Rs 704 on the stock, which indicates an upside potential of 32% from the current market prices.
Hot Stocks: Brokerage views on Arvind, Colgate, Nestle India and Ugro Capital
Brokerage firm SPARK initiated coverage on Arvind with a buy rating, HSBC upgraded Colgate Palmolive India to a buy from hold earlier while it downgraded Nestle India to hold. Centrum Institutional Research initiated coverage on Ugro Capital with a buy rating.