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railway stocks to buy: Buy the dips in rail stocks, rally not over yet: Rupak De, LKP Securities

The Nifty chart for monthly expiry is likely to consolidate within the bands of 21500 and 21700, with support at 21,300. A breakout on either side would confirm a directional move, with a move above 21700 inducing an up move. The negative correlation between Nifty Bank and Nifty IT is expected to continue as HDFC Bank stock selloff has been contained. Rail stocks like IRFC and RVNL continue to gain momentum, making them attractive for trading. Top ideas for the week include buying RITES, BPCL, and OIL stocks. ....

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Rail stocks RVNL, IRFC, IRCON jump up to 15% to new highs; soar up to 75% just in Jan ahead of Budget

Shares of railway-related companies continued their upward trend, jumping up to 15 percent to their respective new highs on Saturday amid expectation of higher allocation for Indian Railways in the upcoming Budget 2024. Just in the current month, the railway stocks have surged up to 75 percent. ....

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