Tech View: Nifty forms a Doji candle. What should traders do on Wednesday
The immediate resistance for Nifty is at 22,500, and a break above this on a closing basis would signal a resumption of the upward movement. Conversely, the immediate support is positioned at 22,200-22,150, and sustaining above this level could witness some recovery in the index, said Kunal Shah of LKP Securities.
Rahul Bharti on how Maruti Suzuki is promoting sustainable practices
India’s first automobile in-plant railway siding project in Gujarat’s Hansalpur aims to reduce truck trips, fuel consumption, and carbon emissions for Maruti Suzuki. The project will also improve logistics and production capacity in the automobile industry.
Top 20 equity mutual funds which offered over 10% in 2024 so far
We considered all equity mutual fund categories such as large cap, mid cap, small cap, large & mid cap, ELSS, multi cap, flexi cap, focused fund, value, contra, sectoral and thematic categories. We considered regular and growth options.
Do SIPs in HDFC, Asian Paints and reap reward in next one year; up ante in metal/OMC space: Sanjiv Bhasin
Sanjiv Bhasin, Director of IIFL Securities, advises investing in PSUs, OMCs, insurance companies, and largecaps like Reliance and HDFC Bank. He also suggests considering stocks like Vedanta, Hindustan Copper, Devyani, HDFC Life, and Asian Paints for potential returns. Bhasin says: “We remain in a bull market but fundamentally and technically, we have reached a peak […]
These 7 smallcap superstars turn Dolly Khanna Rs 300 crore wealthier in just over 2 months
Dolly Khanna’s portfolio of smallcap stocks, including Salzer Electronics, Zuari Industries, Pondy Oxides & Chemicals, Chennai Petroleum Corp, Rajshree Sugars & Chemicals, KCP Ltd, and J Kumar Infraprojects, rallied 11-76% in 2024, making her nearly Rs 300 crore wealthier.
India’s biggest stock winner this year has no analyst coverage
Tata Investment Corp. has soared 116% so far in 2024, the most among the Nifty 500 Index companies that represent more than 94% of India’s market capitalization. The stock has led a $58 billion rally in Tata Group companies since the start of the year.
Popular Vehicles IPO opens for subscription. Should you bid for Rs 602-crore offer?
The Popular Vehicles IPO opens today after raising Rs 180 crore from anchor investors on Monday. The IPO is made through the book building process, with allocations for qualified institutional buyers, retail investors, and non-institutional investors. The company saw revenue growth and profit after tax (PAT). ICICI Securities, Nuwama Wealth, and Centrum Capital are the […]
Billions of FII dollars may chase Indian stocks in election season. Here’s why
Foreign institutional investors (FIIs) have historically shown positive flows during election season. This year, FIIs have already invested $3 billion in March. The Indian stock market remains resilient due to the government’s proactiveness and positive economic indicators.
Technical Stock Pick: 30% rally in 3 months! This tea coffee maker stock hits fresh record high in March
Short-term traders can look to buy the stock now or on marginal dips for a possible target above 1300 levels in the next 3-4 weeks, suggest experts.
Hot Stocks: Brokerage view on Zomato, AB Capital, Asian Paints and Westlife Food
Brokerage firm JPMorgan maintained an overweight rating on Westlife Foodworld, Macquarie recommended an outperform rating on Asian Paints, HSBC maintained a buy rating on Zomato and Morgan Stanley recommended equal weight stance on AB Capital.