Investors have identified a new group of stocks, dubbed “Modi stocks,” which are expected to benefit from the favorable policies of Prime Minister Modi’s government. These stocks go beyond the usual market leaders and include 54 companies within the F&O universe, says global brokerage firm CLSA. Half of these companies are PSUs, and the list … Read more
The strength in the market is expected to continue this week. Technical analysts predict Nifty could reach 23,400. Recommended stocks for trading this week include Reliance, SBI, L&T, Tata Power, Tata Steel, JSW Energy, Granules, JK Cement, BEL, Ashok Leyland, TVS Motors, RCF, Tata Tech, and Tata Elxsi. DHARMESH SHAH HEAD OF TECHNICALS, ICICI SECURITIES … Read more
Subramanian Sarma, Whole-time Director & Sr. Executive Vice President (Energy), L&T, says that for the next few years, “the Middle East is expected to continue to play a very important role for us in terms of opportunities particularly in the energy sector as well as in the power transmission and distribution sector where we are … Read more
The Indian market is likely to consolidate on Tuesday tracking muted global cues. The Nifty future closed flat at 22134 levels on Monday. India VIX was up by 1.50% from 13.69 to 13.90 levels. Volatility has been hovering within a band and creating swings in the market. Positive market setup was seen in stocks like … Read more
Global brokerage firm Jefferies has released a list of 11 stocks that it believes can deliver 15-25% CAGR over the next five years. Stocks with the highest upside include Macrotech, Axis Bank, Max Healthcare and Amber.Here’s the full list of 11 stocks that Jefferies has told clients to bet on for the next five years. … Read more
Tata Steel. Share Price 147.00 11:07 AM | 18 Mar 2024 5.31(3.75%) Mahindra & Mahindra. Share Price 1850.35 11:07 AM | 18 Mar 2024 50.85(2.83%) JSW Steel. Share Price 793.65 11:07 AM | 18 Mar 2024 13.00(1.67%) Tata Motors. Share Price 958.20 11:07 AM | 18 Mar 2024 12.36(1.31%) Oil And Natural Gas Corporation. Share … Read more
Brokerage firm JPMorgan maintained an overweight rating on ITC as well as on Godrej Consumer Products. Jefferies has a buy rating on Coal India and CLSA recommended a buy on L&T. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: JPMorgan on ITC: Overweight| Target Rs 490 JPMorgan … Read more
Anil Manibhai Naik’s journey with L&T began in 1965 as a junior engineer and he steadily climbed the corporate ladder, eventually becoming the chairman emeritus in 2023. Last September, he handed over the reins of this engineering-to-IT-to-financial services behemoth to SN Subrahmanyan. But, did you know that at one time Birla group and the Ambani … Read more
The 46-meter Modular Bridge is designed and developed by DRDO and produced by Larsen & Toubro (L&T). The induction of the Modular Bridge represents a significant step in enhancing the Indian Army’s bridging capabilities. Indian Army Modular Bridge: The Indian Army on Tuesday bolstered its bridging capability with the induction of the 46-meter Modular Bridge. … Read more
Sandip Sabharwal, asksandipsabharwal.com, says globally the declining cycle is stalling and so the easing cycle also might be postponed. Markets are fairly priced. They have factored in a lot of positives and to that extent, significant upside on the broader indices side looks tougher. It is a stock by stock approach now. Sabharwal also says … Read more