2 top stock recommendations from Aditya Arora
Mahanagar Gas did give good rally in last two days. But if we look on the very short-term timeframe, then 1700 is the resistance mark for the stock. 1680 to 1700 is the supply zone. Until that is not taken out, excess supply is not absorbed, stock would face hurdle and hiccups in giving a […]
India best emerging market story; haven’t ever seen valuations and fundamentals so attractive: Mihir Vora
The US economy has been much better than expected. It has been stronger for longer and of course, then it also translates to higher interest rates for longer, probably, but the fact is that the US economy is doing quite well.
Want a slice of AI pie? Here’s what it will cost stock market investors
Retail investors are now viewing AI as a promising investment frontier, with significant potential for gains by investing in leading companies in this field. Nvidia, a maker of AI chips, has seen its stock surge threefold in the past year, making it one of the most valuable companies in the world with a market capitalisation […]
Hot Stocks: Brokerages on Amara Raja, United Spirits, Dixon Technologies, and Grasim
Morgan Stanley maintained an underweight rating on Amara Raja with a target price of Rs 967. MS thinks that the company now matches Exide on capability but needs to catch up on customer wins and in the ramp-up timeline.
Fund Manager Talk | Higher for longer interest rates can upset bull market: Mihir Vora
Over the short to medium term ie: next 1-2 years, the markets would focus on earnings delivery as there is limited upside from valuations. Retail investors continue to invest regularly providing long-term support to the markets. We believe that his combination of fundamentals and liquidity will anchor a bull-market in stocks.
Technical Breakout Stocks: How to trade RIL, Bharti Airtel, and Bombay Burmah today
Stocks that hit fresh record highs include names like RIL, which rose more than 2%. Bharti Airtel pared its gains after reaching record highs, while Bombay Burmah Trading Corp surged more than 7% on Friday.
Positive Breakout: These 5 stocks close cross above their 200 DMA
As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
Technical Breakout Stocks: How to trade RIL, Bharti Airtel, and Bombay Burmah today
The Indian market snapped a 4-day winning streak to close in the red on Friday. The S&P BSE Sensex fell by more than 200 points, while the Nifty50 managed to hold above 24,000.
Asian stocks stutter, euro gains after first round vote in France
The euro was 0.32% higher at $1.0747, while European stock futures rose 1% as exit polls showed Marine Le Pen’s eurosceptic National Rally emerged ahead in the first round of the French vote but with fewer votes than some analysts had forecast.
Incomplete transmission could delay rate reversal by RBI
High food inflation and incomplete transmission of the 250 basis point policy rate hikes since May 2022 could delay the Reserve Bank of India’s (RBI) rate cut. Transmission through loan and deposit rates varied between 111 and 245 bps until May 2024, except for loans linked to external benchmarks, which had immediate full transmission.