Chakri Lokapriya highlights a selective approach toward pharma, favoring Cipla and Piramal for potential gains due to specific catalysts like FDA approvals. He recommends buying IT stocks like HCL Tech and Mphasis amid market dips, driven by robust cloud computing growth predictions. Trent and Titan continue to show strong urban consumption trends.
Posts in category Economic Times
This Diwali to next, DLF is a safe bet for Neeraj Dewan, Siyaram Silk Mills a value buy (01-11-2024)
Neeraj Dewan recommends DLF for long-term investment with a target of Rs 975 for one year. BCL, with a target of Rs 80, is considered a high-risk stock with potential growth. Siyaram Silk Mills Limited, valued reasonably, is expected to perform well, with a target of Rs 525 for the next year.
US election, tech jitters rattle world stocks (01-11-2024)
Japan’s Nikkei average fell 2% on Friday, affected by Wall Street’s decline and a stronger yen. All three major US indexes also fell 3% on Thursday due to rising artificial intelligence costs. The Bank of Japan maintained low-interest rates, further strengthening the yen. European and Asian markets also saw mixed results, influenced by inflation and manufacturing data.