Posts in category Economic Times
Multibagger in 1 year! Bharat Electronics hits fresh record high in April; time to hold on or book profits? (04-04-2024)
BEL's stock surged, doubling wealth. Experts advise caution, suggest strategies for traders. Elliott Wave Theory predicts rally continuation. Monitoring RSI and MACD crucial for investment decisions.
Crude price likely to be $90-95 a barrel by end of this year; next year, maybe a little lower at $75-85: Dr Fereidun Fesharaki (04-04-2024)
Dr Fereidun Fesharaki forecasts continued gasoline sector growth for a decade, with EV impact in 2030s. Oil complex peaks in mid-2030s, then stabilizes. Global demand remains steady by 2045 despite evolving factors like technology and geopolitics. Dr Fesharaki says: "We are looking at $90 to $95 a barrel by the end of this year. And next year, maybe a little bit lower, $75, $85. "
Technical Stock Pick: Should you buy this FY24 multibagger pharma stock after recent dip? (04-04-2024)
Aurobindo Pharma's stock, after a 100% rally in FY24, faced resistance but is now showing signs of bottoming out. Experts suggest a possible rise above Rs 1,300 for short-term traders.
Canara Bank, DMart among 6 stocks that hit new 52-week highs on Thursday (04-04-2024)
In today's trading session, six stocks from the Nifty200 index reached new 52-week highs
Colgate-Palmolive shares down 3.26% as Nifty gains (04-04-2024)
A total of 13,498 shares changed hands on the counter till 02:09PM (IST).
Kotak Equities retains sell rating on HPCL, IOC & BPCL, estimates up to 33% slide (04-04-2024)
Kotak Institutional Equities expressed concerns over OMCs' capex plans due to limited pricing freedom. Government's petrol and diesel price cut, along with rising crude oil prices, may impact energy stocks like HPCL, IOC, and BPCL.
Shriram Finance shares down 1.84% as Sensex rises (04-04-2024)
A total of 20,380 shares changed hands on the counter till 02:04PM (IST)
2 top stock recommendations from Rahul Sharma (04-04-2024)
At an index level look to buy on dip and on a stock specific level there are individual setups which are very-very strong, the likes of PSUs, PSU banks, PSEs, power generation companies these are doing excellently well as far as the charts are concerned, so stick to strength and at the same time as far as index goes, historically like speaking of index Bank Nifty can be the surprise package as April has been a positive month historically for the banking index.
Tube Investments declines 1.37% as Sensex climbs (04-04-2024)
The stock traded at a P/E multiple of 53.41, while the price-to-book value ratio stood at 12.43.