Technical charts indicate that Nifty and Bank Nifty are currently poised for an upward trend. According to technical analysts, Nifty may ascend towards 22,800 levels, while Bank Nifty could touch 48,500 levels. Stocks such as Sun Pharma, Hero MotoCorp, Tata Steel, Britannia, Divi’s Lab, HDFC Life, PI Industries, Praj Industries, and Sona BLW have exhibited … Read more
Indian market is likely to trade higher on Thursday tracking positive global cues. The Nifty50 experienced a sharp correction on Wednesday, but it managed to hold on to the 22000 level towards the close of the trade. The market may go sideways after a sharp rise and that may be considered as healthy from the … Read more
Benchmark indices eked out gains on Wednesday following late buying in select stocks. The 30-share Sensex advanced 33 points to settle at 69,584 and Nifty gained 19.95 points or 0.1% to 20,926. Stocks that were in focus include names like Axis Bank, which fell 1.25%, Sonata Software, which was down 4%, and PI Industries, whose … Read more
Foreign brokerage Jefferies has a ‘hold’ rating on M&M Finance on expectations of strong loan growth momentum. Meanwhile, domestic brokerage Nuvama has a ‘buy’ on PI Industries. We have collated a list of recommendations from top brokerage firms from ETNow: Jefferies on M&M Finance: Hold | Target: Rs 295Jefferies maintains a hold stance on Mahindra … Read more
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