orient cement

Cement stocks rally up to 5%. What’s behind the strength?

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Cement stocks rally up to 5%. What’s behind the strength?

Shares of cement stocks on Wednesday rallied up to 5% after Japanese broking firm Nomura upgraded four of them and raised their target prices. Stating that the cement momentum will continue in India, Nomura has upgraded Ultratech to buy from neutral with a target price of Rs 11,500. Dalmia Bharat’s target has been raised to … Read more

Will Nifty follow seasonality trend ahead of Diwali? Anand James does the chart reading

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Will Nifty follow seasonality trend ahead of Diwali? Anand James does the chart reading

NEW DELHI: A Bollinger band is indicating that Nifty may rally in the Diwali week but two Doji candles formed in the last days do not inspire confidence towards an outright uptrend early next week, says Anand James, Chief Market Strategist at Geojit Financial Services. Edited excerpts from a chat: Unlock Leadership Excellence with a … Read more