Page 16 - Stock Tips News Today

India remains an attractive investment destination, in particular, due to rising geopolitical tensions, says Rajesh Bhatia of ITI Mutual Fund

Tata Motors extended upward move for fifth consecutive session, and strong rally in the last three sessions with healthy volumes, while the stock continued higher highs, higher lows formation for four days in a row.

The market trend may continue to be volatile on Thursday, especially as the interim budget will be delivered.

On Budget day, the Nifty 50 is likely to trade in the range of 21,500 on the lower side, and 21,900 on the higher side.

A cautious approach towards the banking and NBFC sectors seems prudent in the near term, says Karthick Jonagadla.

KFin Technologies formed healthy bullish candlestick pattern on the daily charts with above average volumes. The stock continued uptrend for yet another session and traded above all key moving averages.

DLF stock is demonstrating a bullish trend, consistently forming higher highs and higher lows.

At the macro level, the earnings and the management commentaries are more or less looking good, says Santosh Joseph, founder and CEO, Refolio Investments and Germinate Investor Services LLP

Traders are advised to accumulate longs in Nifty with stop-loss of 21,500 on the closing basis.

In the absence of structural imbalances among households and companies, a US economic soft landing remains base case scenario for DBS Bank, says Hou Wey Fook