[ad_1] In view of positive global cues, the Indian market closed in the green for the second consecutive day on Thursday. The S&P BSE Sensex climbed over 400 points while the Nifty 50 closed above the 16,100 level. Sector wise, buying was witnessed in metal, consumer durables, realty, capital goods and public sector banks. The […]
Bajaj Finance Share Price: CLSA continues sell-off on Bajaj Finance, City Bullish on Marico
[ad_1] New Delhi: Ahead of corporate earnings for the June quarter, foreign brokerages have come out with their reports on select domestic companies. While they remain mixed on the financials, the views on FMCG suggest a promising outlook for the sector. CSLA maintains its sales rating Because growth has slowed down from pre-covid levels. Its […]
ONGC share price: Reliance, ONGC’s credit quality can bear unexpected tax, says Moody’s
[ad_1] Billionaire Mukesh Ambani. India’s decision to impose additional taxes on local fuel exports and oil production is unlikely to cause a “material” dent to its credit quality to Oil and Natural Gas Corp., Moody’s said. Moody’s analyst Hui Ting wrote, “While profits from oil exports will decline due to unexpected taxes, they are likely […]
ACC Share Price: Chart Check: This cement player gave a breakout above ‘Downing Wedge’ pattern; time to buy?
[ad_1] The ACC, a share of the cement industry, has fallen over 16 per cent from its November 2021 highs, but a breakout from a ‘falling wedge’ pattern on the weekly chart suggests that bulls may take control, at least in the short term. It outperformed the benchmark index on a weekly and monthly basis […]
Delhi Share: Goldman Sachs launches coverage on Delhivery; Jefferies Bearish on Metal Stocks
[ad_1] New Delhi: With the results of the first quarter of the financial year 2022-23 coming out, foreign brokers have become cautious about the Indian stock markets. Goldman Sachs begins coverage delhivery with a neutral rating, while Jefferies maintained a bearish outlook metal stock, Goldman Sachs set a target price of Rs 540 on Delhivery […]
RIL Share Price: Big movers on D-ST: What should investors do with RIL, MRPL and ONGC?
[ad_1] The Indian market closed in the red mark for the third consecutive day on Friday. S&P BSE Sensex closed below 53,000 while Nifty 50 made some losses and closed above 15,750 level. Sectorally, buying was witnessed in FMCG, realty, finance, consumer discretionary and IT stocks, while selling was witnessed in energy, oil and gas […]
Zomato Share Price: Zomato, Star Health among BSE 500 stocks, fall up to 20% in volatile week
[ad_1] New Delhi: The last week of June turned out to be a mixed one for the domestic equity markets as the benchmark indices ended marginally higher. weak rupee, The number of FIIs, fear of recession and inflationary pressures continued to weigh on sentiments. However, strong auto sales numbers and good GST collection in June […]
ITC Share Price: Stock Radar: No longer a meme stock? ITC may hit new 52-week high in 1-2 months
[ad_1] ITC, a share of the S&P BSE Sensex index, has risen nearly 35 per cent in the past one year, while the benchmark index has gained over one per cent in the same period. For more than 2 decades, ITC has been in correction from price-wise to time-wise and from there it got the […]
Mahindra Logistics Share Price: This logistics stock is down over 43% from recent highs! Should you buy dip?
[ad_1] Shares of Integrated Logistics Service Provider, Mahindra Logistics Limited ,mll) has fallen more than 43 percent from its August 2021 highs, leaving the stock firmly in the grip of bears. The company with a market capitalization of over Rs 3,300 crore on June 29 hit a 52-week high of Rs 819.15 on August 30, […]
Sterling Tools Share Price: Chart Check: After nearly doubling in 3 months, this smallcap stock is on buyers’ radar
[ad_1] Sterling Tools, part of the S&P BSE Small-Cap Index, rose over 95 per cent in the last three months and technical indicators point to further upside in the next 6 months. The stock with a market capitalization of around Rs 1,000 crore has seen strong price action on a last week as well as […]