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April 2, 2024
Varun Saboo maintains optimism on real estate, smallcaps, and two-wheelers. Bullish on market dynamics. Textile sector anticipated to recover. Auto sales performance mixed. Caution advised in FMCG sector. Potential in Himadri Chemicals, Praveg for evaluation. Anad Rathi is assigning about 26-27 times multiple which is the middle of the range in which smallcap index trades. 22x to 29x is the range in which they have been trading.
April 1, 2024
Nifty has a short-term bottom at 21,710 and has its eyes set on a new all-time high with a potential to stretch higher till 23,000–23,100 from a one-month perspective.
April 1, 2024
American pharma major Eli Lilly sees India as its launchpad for a new growth trajectory, using its new drugs for diabetes and obesity as the fuel. Will this strategic pivot work? - Issue Date: Mar 31, 2024
April 1, 2024
For Nuvama research, auto names maintain strong momentum, expected to persist until frothiness appears. In contrast, the IT basket remains a short candidate
April 1, 2024
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March 31, 2024
The MACD is known for signaling trend reversals in traded securities or indices. When the MACD crosses above the signal line, it gives a bullish signal, indicating that the price of the security may see an upward movement and vice versa.
March 29, 2024
Stocks such as Reliance Industries, HDFC Life Insurance, Larsen & Toubro and Mankind Pharma were among stocks that saw huge block deals during this holiday-truncated week, data available with Nuvama Research suggested.
March 29, 2024
Sensex, Nifty gain in early trade; telecom, power stocks drive gains : Rashtra News Market gauges Sensex and Nifty started on a positive note on Wednesday as participants showed keen interest in telecom, power and energy shares. The BSE Sensex was trading higher by 187.89 points or 0.32 per cent at 58,852.22 in early trade,
March 28, 2024
Brokerage firm HSBC maintained a buy rating on Sun Pharma, Citigroup recommended a buy rating on ICICI Bank, JPMorgan has an overweight rating on Bajaj Finance and CLSA recommended a buy rating on Avenue Supermarts.
March 28, 2024
In FY23, 30 companies undertook voluntary product recalls, while 16 were forced to recall their products, shows data sourced from Prime Database. Product recall information forms part of the business responsibility and sustainability reporting (BRSR) framework that is mandatory disclosure for the top 1,000 listed companies from FY23. Since many companies have not disclosed data for FY22, a YoY comparison is not tenable.