F&O stock strategy: How to trade in Trent, LIC Housing Finance?
21,500 will remain an important support level for Nifty and a significant decline below this level could potentially initiate a correction in the market, Rupak De, Senior Technical Analyst at LKP Securities said.
Hot Stocks: Brokerage view on L&T, Voltas, RIL and ITC
Citigroup maintained a buy rating on L&T with a target price of Rs 4082. “The company reported healthy order inflows and execution. The December quarter earnings were in line with estimates, but muted margins were reported in Q3,” Citigroup said.
F&O stocks to buy today: Trent, Apollo Tyre among top 9 trading ideas
Positive setup was seen in stocks like Syngene, HPCL, BHEL, LIC Housing Finance, Bosch Ltd, DLF, Tata Motors, BPCL, PNB, MGL, Manappuram Finance, Bank of Baroda, Birla Soft, HAL and Zydus Life.
Big movers on D-Street: What should investors do with Bajaj Finance, Tata Investment and KFin Technologies?
Stocks that were in focus included names like Bajaj Finance, which fell 5.10%, Tata Investment, which jumped 20%, and KFin Technologies, whose shares increased 7.64% on Tuesday.
Fed to hold interest rates steady but start considering cuts
The Federal Open Market Committee is poised to keep rates in a range of 5.25% to 5.5% at its two-day policy meeting ending Wednesday, a 22-year high first reached in July. The rate decision and accompanying statement will be released at 2 p.m. in Washington. Chair Jerome Powell will hold a press conference 30 minutes […]
Most analysts hold targets on Bajaj Finance, upside seen at 28%
The average analyst price target on Bajaj Finance available on Bloomberg after the third quarter results stood at ₹8,721.69, implying an upside of 27.9% over Tuesday’s closing.
Persistent’s Healthcare deals signal balanced growth in quarters ahead
The company’s revenue increased by 3% sequentially in the December quarter to $300.6 million, one of the highest growth rates among peers. In rupee terms, it rose by 3.6% to Rs 24,982.2 crore while net profit grew by 8.7% to Rs 2,861.3 crore.
D-St slips ahead of US Federal Reserve meet, Budget
Analysts said traders are bracing for sharp swings around the budget announcement for FY25, the government’s final one before the national elections this year. “We have seen a negative market trend on average in the past budgets since 2012, and today’s decline too was just due to profit booking,” said Apurva Sheth, head of research […]
SBI to down-sell half of Rs 11,000 crore loan to Adani’s Ganga Expressway project
State Bank of India (SBI) is reportedly in advanced discussions to downsell half of its approximately ₹11,000-crore loan exposure to the Adani Group’s Ganga Expressway project. SBI is engaging with institutions like the National Bank for Financing Infrastructure and Development (NaBFID), Punjab National Bank (PNB), and power finance companies for the downselling. The move follows […]
L&T Q3 Results: Net profit rises 15% YoY to Rs 2,947 crore
During the quarter, the company received orders worth Rs 75,990 crore at the group level registering a growth of 25% on a year-on-year basis. Orders were received across businesses like offshore verticals of hydrocarbon, solar EPC & Power Transmission, Water Utilities, Buildings & Factories, and Minerals & Metals sectors. International orders at ₹ 50,562 crore […]