Technical picks: Deepak Nitrite, IRCTC among 7 stocks to buy in short term for robust returns
Deepak Nitrite, IRCTC, HUDCO, City Union Bank, IRFC, Divis Lab, and NMDC are top short-term stock picks based on breakout patterns and bullish indicators. Analysts expect robust returns despite market struggles around 22,500 levels.
PSU banks will continue re-rating; SBI, ICICI Bank & Axis Bank poised for a breakout: Laurence Balanco
You can see from foreign flows perspective that rebound in China is detracting from some of the investment in India. I do not think it changes the longer-term trends, but we are in one of those holding patterns similar to the fourth quarter of 2023.
Smallcaps on steroids! FIIs, MFs chasing these 12 stocks quarter after quarter
FIIs and mutual funds consistently increase stakes in 12 smallcap stocks for four quarters, yielding up to 203% returns. Notable stocks include Dixon Technologies, Electronics Mart India, and Welspun Corp.
ICICI Bank shares target price rise up to Rs 1,450 on steady Q4 results. Should you buy?
The private sector lender reported a healthy performance in Q4, with 17% year-on-year (YoY) growth in profit amid contained opex and provisions. The pace of NIM contraction decelerated, down 3 bps quarter-on-quarter (QoQ) at 4.4%.
IDFC First Bank shares fall nearly 6% after Q4 results. Should you invest?
In the January-March quarter, IDFC First Bank disclosed an interest income of Rs 8,219.21 crore, a notable increase from Rs 6,424.35 crore reported in the corresponding period of the previous year. This represents a substantial year-on-year growth of 28%.
Second half of FY25 will be much stronger for IT industry: Mastek CEO
Mastek CEO Chandrana discusses FY24 growth, soft Q4 revenue, optimism for FY25. He also talks about Mastek’s share in a $1.2-billion UK Ministry of Defence project, client conversations, and margin profile target of 17-18%. Chandrana says: “As far as the revenue and growth is concerned, in dollar terms, we grew 15.8% YoY. If you remove […]
Hot Stocks: Brokerages view on Indigo, TechM & Yes Bank; Jefferies downgrades BSE
Jefferies lowered its rating on BSE, while Morgan Stanley upheld an overweight rating on InterGlobe Aviation and Tech Mahindra. Additionally, Kotak Securities advised selling shares of Yes Bank.
F&O stocks to buy today: RIL, Axis Bank among top 10 trading ideas
Since it is the beginning of the new series, options data is scattered at various far strikes. On the weekly options front, the maximum Call OI is placed at 22500 and then towards 23000 strikes.
Oil prices fall 1% on Israel-Hamas ceasefire talks, U.S. inflation concerns
Brent crude futures fell by as much as $1, or 1.1% to $88.50 a barrel before ticking back up to $88.55 at 0149 GMT. West Texas Intermediate (WTI) futures were down 84 cents, or 1%, at $83.01 a barrel.
Dollar a tad softer as markets wait for Fed
It had moved nearly 3.5 yen between 158.445 and 154.97 on Friday as traders vented their disappointment after the Bank of Japan kept policy settings unchanged and offered few clues on reducing its Japanese government bond (JGB) purchases – a move that might have put a floor under the yen.