Three stocks are poised for strong short-term returns. KIMS, Chalet Hotels, and Jubilant Food are recommended buys. Analysts cite uptrends, breakouts, and support levels as reasons for their optimism. Investors are advised to consider these picks for potential profits.
Posts in category All News
Nifty’s drop below 24,000 could trigger correction: Rupak De, LKP Securities (11-11-2024)
Nifty continues to move downward; however, the magnitude of the fall has lessened somewhat. The 24,000 level is likely to remain strong support for the index. As long as it stays above 24,000, Nifty bulls may have a chance to fight back
Gold Price Today: Yellow metal prices fall by Rs 500/10 gm, silver trades flat (11-11-2024)
Gold and silver futures opened lower amid a stronger US dollar and profit booking. Experts expect volatility ahead of US inflation data, with gold support at Rs 77,000 and silver at Rs 90,450.
SBI share price muted today after Q2; brokerages maintain target price (11-11-2024)
SBI share price: Even if the Reserve Bank of India cuts repo rate, the impact on NIM should be negligible due to the recent hike in MCLR by 30bp, analysts said
Rupee slips to record low as Asia FX declines; RBI likely steps in (11-11-2024)
The Indian rupee hit a new low against the US dollar, driven down by concerns about the impact of Trump’s election victory and foreign investor withdrawals from Indian stocks. The Reserve Bank of India intervened in the market to support the rupee, leading to a decline in India’s foreign exchange reserves.
India Inc earnings downgrades worst since 2020. Are we staring at a bear market? (11-11-2024)
Indian companies are facing their most significant earnings downgrades since the start of the COVID-19 pandemic in 2020, causing concern among investors. Factors like heavy rains, reduced government spending, and slowing demand in sectors like FMCG and retail have contributed to this trend.
Buy GAIL (India), target price Rs 265: Motilal Oswal Financial Services (11-11-2024)
Motilal Oswal Financial Services has reiterated its buy call on GAIL (India) Ltd. with a target price of Rs 265, up from the current market price of Rs 206.95. The brokerage arrived at its revised target price by valuing the gas transmission, LPG transmission, gas trading, petrochemical, and LPG businesses.
Divi’s Labs set for continued growth, valuation may cap upside: Analysts (11-11-2024)
Shares of Divis’s Laboratories scaled up to 3.4 per cent at Rs 6145.60 per share on the BSE after beating street estimates in its second quarter earnings for the financial year 2024-25 (Q2FY25)
Niva Bupa Health Insurance IPO Day 3 Live: Niva Bupa IPO subscribed 1.17 times so far; IPO closes today (11-11-2024)
Niva Bupa Health Insurance IPO, Niva Bupa IPO GMP Today Live Updates: Track Niva Bupa Health Insurance IPO subscription status here
These 4 stocks saw a high increase in futures open interest (11-11-2024)
On November 8, four stocks saw a surge in futures open interest, indicating increasing market participation, with Aarti Industries, Aurobindo Pharma, Manappuram Finance, and Trent showing notable increases.