Posts in category Economic Times
PSU rail, defence stocks rally up to 77% in 1 month. Will Budget be about Modi stocks? (09-07-2024)
Dalal Street anticipates Finance Minister Nirmala Sitharaman to maintain the capex agenda and fiscal discipline. PSU stocks in railways and defence sectors lead with up to 77% returns in a month. Pre-Budget optimism propels PSU stocks to record highs, despite concerns over stretched valuations. The rally is driven by 'Modi stocks,' linked to capex and infrastructure sectors.
At multi-year highs: These 6 stocks witness 5-year swing high breakout (09-07-2024)
In the Nifty200 pack, we have compiled a list of six stocks that reached a 5-year high at the closing on July 8th, indicating bullish sentiment in those stocks.
Buy Hero MotoCorp, target price Rs 6106: Axis Securities (09-07-2024)
Hero MotoCorp Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 110644.69 Crore) operating in Auto sector.
Buy Hindustan Copper, target price Rs 410: Anand Rathi (09-07-2024)
Hindustan Copper Ltd., incorporated in the year 1967, is a Mid Cap company (having a market cap of Rs 33401.01 Crore) operating in Metals - Non Ferrous sector.
Hot Stocks: Brokerage view on Emami, Godrej Consumer, Affle, Tech Mahindra, and others (09-07-2024)
Citi maintains a sell rating on Persistent (TP: Rs 3,080). Q1 shows strong growth but expects sequential margin decline, with Q2 at risk due to wage hikes. Market worries over FY25 margins and stable TCV. Despite a 24% rise, stock beats IT index by 17%. UBS reiterates buy on Dr. Lal Path Labs (TP: Rs 3,500). Potential growth reinvestment not priced in, Tier-3 markets perform well.
Buy Life Insurance Corporation of India, target price Rs 1222: JM Financial (09-07-2024)
Life Insurance Corporation of India, incorporated in the year 1956, is a Small Cap company (having a market cap of Rs 641829.14 Crore) operating in Financial Services sector.
These 5 stocks closed crossing above VWAP on July 8 (09-07-2024)
On July 8th, the closing prices of five stocks in the Nifty500 pack surged by more than 1.5% compared to the VWAP. This move above the VWAP indicates a potential bullish trend.
Sensex rises over 200 pts, Nifty above 24,350 in hopes of dovish stance from Fed (09-07-2024)
Indian indices rose as markets expected dovish signals from U.S. Fed Chair Powell. Sensex up 223 points to 80,184, Nifty50 up 59 points. Key gainers included Maruti Suzuki, M&M, Adani Ports, while Tech Mahindra, JSW Steel fell. Soft inflation increased odds of U.S. rate cut to 74%. Century Textiles rose 4%. Budget, Q1 results closely watched.
Buy ICICI Prudential Life Insurance Company, target price Rs 736: JM Financial (09-07-2024)
ICICI Prudential Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 91875.30 Crore) operating in Financial Services sector.
These 5 stocks close crossing below VWAP on July 8 (09-07-2024)
On July 8th, the closing prices of five stocks in the Nifty500 pack fell by over 2% compared to the VWAP. This movement below the VWAP indicates a possible bearish trend.