Tech View: Nifty forms bullish reversal pattern. What traders should do next week
The psychological mark of 22,000 holds intermediate support, followed by strong support of the 21,800-21,700 subzone. On the higher end, the 20-DEMA placed at 22,300, followed by a bearish gap of 22,430-22,500, is likely to act as a daunting task in the near period and an authoritative breakthrough could only re-strengthen the lost momentum to […]
Lok Sabha election begins: How Nifty may behave before results and which stocks to buy?
Investors monitor Sensex behavior during Lok Sabha election. FPIs sell Indian stocks. Hope for a good monsoon. Structural growth opportunity in Indian equities. Tata Steel, JSW Steel, Tata Motors, and HAL among recommended stocks.
5 smallcap stocks nearing ‘buy’ point. Do you own any?
MarketSmith suggests considering ITD Cementation, Neuland Laboratories, Arvind Smartspaces, Sharda Motor Industries, and Choice International as potential buys based on various financial and technical indicators.
BSE veterans walk down the memory lane to celebrate world’s fastest stock exchange
Hemendra M Kothari, Chairman, DSP Asset Managers and Sundararaman Ramamurthy, MD & CEO, BSE, walk down the memory lane to celebrate world’s fastest stock exchange, BSE. “Stock exchange, whether it is Bombay Stock Exchange or National Stock Exchange, it definitely gives a lot of interest to the world. In 1984, I started talking about getting […]
HDFC Life shares fall 4% post Q4 results. How to trade now?
HDFC Life stock fell 4% to Rs 581 after March results even after reporting 14% net profit growth to Rs 412 crore. Achieved 11% APE growth for FY24, individual APE growth at 1%.
Bajaj Auto shares fall 3% after Q4 results. Should you buy, sell or hold?
Shares of Bajaj Auto fell 3% at Rs 8,753 on Friday after the two-wheeler major reported a standalone net profit of Rs 1,936 crore for the quarter ended March 31, 2024, which was up by over 35% from Rs 1,432.88 crore reported by the company in the year-ago period.
Hot Stocks: Brokerage view on TVS Motor, Infosys, Bajaj Auto and HDFC Life
Brokerage Citigroup maintained a buy rating on HDFC Life, and JPMorgan remained overweight on Bajaj Auto and Infosys.
F&O stocks to buy or sell today: Escorts, BHEL among top 6 trading ideas
The Nifty future closed negative with losses of 0.54% at 22,080 levels on Thursday. India VIX was up by 2.08% from 12.62 to 12.88 levels.
Q4 results today: Wipro, Jio Financial among 15 companies to announce earnings
Mixed Q4 earnings for IT sector with TCS outperforming and Infosys lagging. Awaited reports from companies like Wipro, Hindustan Zinc, Sejal Glass, and others will provide further insight into the sector’s performance.
India a standout performer amidst sluggish global growth trends: Economic Affairs Secretary to World Bank
India’s Economic Affairs Secretary, Ajay Seth, highlighted the impressive growth of India’s economy during a meeting with a World Bank committee in Washington. He noted that despite global challenges, India’s GDP growth estimate for the fiscal year has been revised upwards to 7.6%, showcasing the country’s resilience and strength. Seth emphasized that India’s consistent growth […]