Indian Railway Finance Corporation Share Price 179.71 12:43 PM | 16 Aug 2024 0.66(0.37%) One97 Communications Share Price 556.65 12:43 PM | 16 Aug 2024 17.86(3.32%) YES Bank Share Price 24.09 12:43 PM | 16 Aug 2024 0.11(0.42%) ITC Share Price 498.4 12:43 PM | 16 Aug 2024 6.2(1.26%) HDFC Bank Share Price 1627.6 12:43 … Read more
“In North America, Revlimid is the key contributor and again, speciality drugs for Zydus Lifesciences that will keep on increasing EBITDA margins towards 29-30% and also in the valuation-wise Zydus Life is not trading at much higher valuations like Sun, therefore we feel that Zydus Life is also a second stock which can see good … Read more
Technical charts and data indicate a lack of relative strength and the dominance of supply pressure during the upward move. The market is likely to remain highly volatile due to the F&O expiry this week, said technical analysts. If Nifty maintains its close above the 21,920 level, it will likely head towards 22,390–22,500 levels. Bajaj … Read more
Brokerage firm Jefferies downgraded ITC to hold and upgraded Lupin post Q3 results. Macquarie maintained an underperform rating on Zomato and an overweight rating on Page Industries. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on ITC: Hold| Target Rs 420Jefferies downgraded ITC to hold from … Read more
The Indian market is expected to remain volatile on the Interim Budget Day. The S&P BSE Sensex rose more than 600 points while the Nifty50 reclaimed 21,700 levels, a day ahead of the Interim Budget. The Nifty future closed positive with gains of 0.72% at 21786 levels on Wednesday. India VIX was down by 0.31% … Read more
Indian market is likely to trade lower on Thursday tracking muted global cues. The Nifty future closed negative with losses of 2.01% at 21587 levels on Wednesday. India VIX was up by 11.13% from 13.57 to 15.08 levels. Positive setup was seen in stocks like LTTS, OFSS, Birla Soft, BHEL, Persistent Systems, L&TFH, Lupin, Torrent … Read more
Brokerage firm Spark Capital upgraded Lupin to a buy, Phillip Capital maintained a buy rating on Godrej Consumer, Morgan Stanley remained overweight on Aarti Industries and Geojit upgraded Bata India to a buy. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Spark Capital on Lupin: Buy| Target … Read more
Equity indices soared more than 2% to settle at record high levels on Monday, marking the fifth straight day of gains. The 30-share Sensex jumped 1,384 points to close at a lifetime high of 68,865 and the broader Nifty also climbed 419 points to hit its all-time closing high of 20,686. Stocks that were in … Read more
Indian market is likely to trade higher on Friday tracking positive global cues and strong Q2 GDP data. The Nifty future closed positive with gains of 0.01% at 20134 levels on Thursday. India VIX was down by 0.16% from 12.70 to 12.69 levels. Volatility slightly inched higher and then fell which created momentum for the … Read more
The Indian market is likely to trade higher on Tuesday tracking positive global cues. The Nifty future closed negative with losses of 0.22% at 19825 levels on Friday. India VIX was up by 0.09% from 11.31 to 11.33 levels. Volatility slightly cooled off and comforted the bulls, but momentum was clearly missing. Positive setup was … Read more