Page 24 - Share Tips News Today

As the market advances, it is advisable to focus on risk management and have a selective approach while looking out for thematic movers amidst the ongoing sectoral rotation, Sameet Chavan said.

Questor share tip: shrewd deal-making has delivered Constellation Software’s early backers a 290-fold return since 2006

The market expert is also excited about the consumer discretionary space as commodity prices cool and expected rate cuts will lower the cost of credit

Considering the overall chart structure, we maintain a bullish stance with specific targets set at 21,834 and 22,000 for the short to medium term.

Gas utilities havent participated much in the rally and appear relatively undervalued, says Sampath Reddy of Bajaj Allianz Life Insurance.

Indian Hotels extended uptrend for third consecutive session after several days of consolidation. The stock has formed bullish candlestick pattern on the daily scale with above average volumes, and traded above all key moving averages.

The broader market outlook suggests a sell-on-rise strategy as long as the Nifty 50 stays below 21,650.

Bandhan Bank has gained strength after consolidation in the recent past and went very close to the September swing high. The stock formed healthy bullish candlestick pattern on the daily timeframe with significantly higher volumes.

Technology will be interesting theme for 2024, if interest rates actually end up falling and there is a soft landing in the US, as being anticipated, says Jimeet Modi.

Telegraph Money gathers investment analysts’ most promising stocks for 2024