Market Trading Guide: Canara Bank, SBI Card among 6 stock recommendations for Monday
India’s benchmark indices logged their worst week in three months on Friday, amid concerns over US recession fear, dragged by banking and IT stocks. The S&P BSE Sensex closed 1.24% lower at 81.183, while the NSE Nifty50 ended below the 24,900 mark.”The short-term uptrend of Nifty seems to have reversed down and the market is […]
Aadhar Housing Finance among 7 stocks on which brokerages initiated coverage, expected to rally up to 40%
Brokerages have started coverage on several stocks, including Aadhar Housing Finance, Chalet Hotels, Godawari Power & Ispat, and Praveg, predicting up to 40% upside potential.
Tolins Tyres IPO opens on Monday. What GMP signals ahead of subscription?
Tolins Tyres IPO opens September 9 with a price band of Rs 215-226. Grey market premium suggests a 13% gain. The company aims to raise Rs 230 crore, with notable anchor investors.
Tepid China demand and surging inventories sent copper to multi-month lows
Copper prices have dropped over 17% from their highs due to weak Chinese demand, high inventories, and a strong US dollar. Despite a long-term bullish outlook, near-term prices remain pressured
Technical Breakout Stocks: How to trade Glenmark Pharma and Suven Life on Monday
The Indian market closed in the red for the fourth consecutive day in a row on Friday. The S&P BSE Sensex fell more than 1000 points while the Nifty50 closed below 24,900 levels
Bajaj Housing Finance IPO Opens Tomorrow; GMP Signals 73% Upside
Bajaj Housing Finance’s IPO launches September 9 with a price band of Rs 66-70 per share. The grey market premium indicates a 73% potential upside. Rs 6,560 crore is to be raised.
LTIMindtree, Max Financial Services among 5 stocks with long buildup
A long buildup occurs when open interest and trading volumes increase alongside a rise in the underlying stock price in the Futures and Options segment, signaling a bullish market trend. In Friday’s trading session, five stocks saw fresh long positions. Here’s the list:
F&O Talk: Market lacks strength, 25,350 critical resistance for Nifty, says Sahaj Agrawal of Kotak Securities
Indian benchmark indices saw a significant drop of over 1% on Friday due to weak global signals and regulatory challenges. Analyst Sahaj Agrawal from Kotak Securities discussed the market outlook, highlighting critical resistance levels for Nifty and Bank Nifty. He suggested focusing on specific sectors like Pharma, FMCG, and consumer durables for medium-term gains
Canara Bank, OFSS among 5 stocks with significant short buildup
A short buildup occurs when there is a rise in open interest and trading volumes, coupled with a decrease in the price of the underlying stock in the Futures and Options segment. This indicates that more traders are expecting the prices to decline and are creating short positions. In Friday’s trading session, five stocks saw […]
Top 9 large cap picks with upside potential of 31% from Axis Securities
The Indian benchmark indices have slipped back into fear mode over the last two trading sessions, with caution prevailing ahead of a key U.S. jobs report that could impact the Federal Reserve’s decisions on the pace and scale of interest rate cuts.Broad-based selling was witnessed across all sectors. In Friday’s session, the Nifty 50 index […]