Nifty is anticipated to trade within a range, and a move above 19,900 could trigger an extended rally possibly to new life highs, according to technical analysts. Conversely, in the event of profit booking, initial supports may emerge around 19,500-19,400. Stocks such as Bharti Airtel, Bajaj Auto, NTPC, Jindal Stainless, RIL, Lupin, BHEL, Divi’s Lab, … Read more
Home News ‘Master Of Chunavi Photo-ops’: Congress Takes A Dig At PM Modi’s Tejas Sortie PM Modi has been attacking Congress for “not doing much” while it was in power for about 60 years. (Image: X/@narendramodi) Congress Vs BJP: On the day, Saturday 25 November when the voting is underway in the state of Rajasthan, … Read more
Assuming that Narendra Modi will return as Prime Minister after the Lok Sabha elections with a majority mandate, global brokerage firm Morgan Stanley has kept 74,000 as its Sensex target for December 2024. “We assume continuity in a government with a majority mandate, robust domestic growth, the US does not slip into a protracted recession … Read more
Brokerage firm Morgan Stanley maintained an overweight rating on SBI Life while CLSA has a buy rating on Bajaj Finance. Sharekhan has a buy rating on KPR Mill and has a positive view on Hindustan Aeronautics. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Morgan Stanley on … Read more
NEW DELHI: Hindustan Aeronautics Ltd (HAL) will soon have a maintenance repair overhaul (MRO) for the best-selling single aisle Airbus A320 family aircraft. The European airspace major has tied up with the PSU “to support (HAL‘s) entry into servicing of commercial aircraft.”With orders for almost 1,000 planes worth $120 billion (book value) placed by Air … Read more
In the last three years, India’s defence sector has gone through unprecedented changes due to the government’s ambition to become self-reliant in this space, particularly after the Ukraine-Russia war. As a result of this, not only have the companies catering to the sector seen an order book boom, but even their share prices. In FY23, … Read more