Technical Stock Pick: Multibagger Central Bank of India breaks out from a Flag & Pole pattern; time to buy?
Short-term traders can look to buy the stock now or on marginal dips as the momentum remains strong which could take the stock towards 80 in the next 3 months, suggest experts. The public sector banking stock rose more than 25% in a week, over 30% in a month, over 50% in the last 3 […]
Yes Bank shares jump 11% on RBI nod to HDFC Bank for 9.5% stake buy
Yes Bank shares jump over 11% after RBI approves HDFC Bank’s acquisition of up to 9.50% of Yes Bank’s share capital or voting rights. HDFC Bank must acquire major shareholding within 1 year. HDFC Bank’s aggregate holding in Yes Bank should not exceed 9.50% at all times. If the aggregate holding falls below 5%, RBI […]
Bharti Airtel shares jump 5% post Q3 earnings. Here’s what brokerages recommend
The company will be holding its analyst call later today and more brokerages are likely to come out with their reviews following the call.
Hot Stocks: Brokerage view on Varun Beverages, Bharti Airtel; Paytm gets ‘outperform’ rating
Bernstein maintained an outperform rating on Paytm with a target price of Rs 600. After >40% decline in the last few days, the stock is once again back at the near doomsday valuations. “We would lean towards the ‘buy now’ camp. We see a healthy upside in our very conservative base case scenario,” said the […]
Here’s why Hemang Jani is bullish on NBFC stocks
In fact, this entire PSU rally that we have seen for almost now about six months or so, it has been quite surprising for a lot of us. Though we might feel that because of the sheer price move that has happened, all the valuations are looking stretched.
F&O stocks to buy today: Biocon, Jio Financial among top 6 trading ideas for today
The Nifty future closed negative with losses of 0.74% at 21788 levels on Monday. India VIX was up by 6.26% from 14.70 to 15.61 levels. Volatility was on the rise and created swings within a range at higher zones.
Q3 results today: Britannia, Nykaa, Nazara among 160 companies to announce earnings
160 companies, including Britannia Industries and FSN E-Commerce Ventures, will announce their December quarter earnings on Tuesday. Street will be closely watching these results. Other important results include Brigade Enterprises, Computer Age Management Services, Chambal Fertilizers and Chemicals, Eid Parry, Eveready Industries, Godrej Properties, JK Tyre & Industries, Lemon Tree Hotels, Nazara Technologies, Radico Khaitan, […]
ETMarkets Smart Talk: Improving fiscal position sets the stage for growth and attract global investors: Amar Ambani
Firstly, the original Budgeted number for FY24 was very high, in my view. From where we are with the revised estimates for FY24, an estimate of Rs11.11 lakh crore is a reasonable increase.
Big Movers on D-Street: What should investors do with IOB, Rites, and UPL?
The benchmark Nifty 50 ended 0.4% down at 21771.70 points, and the Sensex closed 0.5% lower at 71731.42 points. On the other hand, the Nifty PSE index closed 2% higher at 9189.20 points.
HDFC Bank plans to float $750-m bond issue from GIFT City
The private lender will issue the dollar bonds out of its branch in Gujarat International Finance Tec-City (GIFT city). The bank has proposed to raise three-year bonds tagged as sustainability bonds and a five-year bond tagged as conventional bonds.