Posts in category Economic Times
Hot Stocks: Brokerage view on Exide, Divi’s Laboratories, Ashok Leyland & Sun TV (27-05-2024)
Top brokerages have issued bullish recommendations for select stocks. CLSA has maintained an outperform rating on Sun TV, raising the target to Rs 720. InCred has upgraded Divi’s Laboratories to Add. Meanwhile, JPMorgan maintains an overweight rating on Exide Industries, with a target price of Rs 520.
Technical picks: Maruti Suzuki, Hind Petro among 6 stocks that can rally up to 20% in short term (27-05-2024)
Technical analysts suggest buying Imagicaa at Rs 83, Aadhar Housing Finance at Rs 342, and other stocks for potential gains in the short term with insights from Deven Mehata of Choice Equity Broking.
Crypto Talk: Election year economic policies could propel Bitcoin to new heights, predicts Rajagopal Menon of WazirX (27-05-2024)
2024 is projected to be a significant year for cryptocurrencies with government spending expected to rise, leading to a potential reduction in interest rates. Bitcoin's price surge post-halving is driven by factors like institutional demand and cyclical patterns. Rajagopal Menon says no one who has held Bitcoin for more than 4 years has ever lost money. Systematically buying Bitcoin every month, similar to investing in a mutual fund, can be an effective strategy.
Unstoppable bull run! Sensex, Nifty hit fresh lifetime highs on strong global market cues (27-05-2024)
Indian blue-chip indices, BSE Sensex and Nifty50, hit new record highs on Monday driven by Tata Steel, Bharti Airtel, JSW Steel, NTPC, HDFC Bank, and Kotak Bank; Wipro, Maruti, M&M, Asian Paints, and Power Grid opened lower. Adani Ports surged 3% after joining Sensex.
These 3 stocks close crossing below VWAP on May 24 (27-05-2024)
A shift below the VWAP suggests a potential bearish trend, according to stockedge.com's technical scan data.
Q4 results today: LIC, NMDC among 236 companies to announce earnings on Monday (27-05-2024)
236 companies, including LIC and NMDC, to announce Q4 results. LIC reported a 49% rise in Q3 earnings, while NMDC saw a 62% increase in consolidated net profit.
What to do with Zomato, Cochin Shipyard and 4 other stocks? Aamar Deo of Angel One decodes (27-05-2024)
Ahead of the June 4 general election, India VIX nears 30, causing high volatility. Analyst advises caution in investing light amid market rally driven by Modi and Amit Shah's statements. RBI's record dividend payout boosts market sentiments. Watch Nifty and Bank Nifty levels for market trends. Consider diversifying among large caps, midcaps, and small caps.
Buy Manappuram Finance, target price Rs 225: Motilal Oswal (27-05-2024)
Manappuram Finance Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 15269.68 Crore) operating in NBFC sector.
Shares of China Evergrande’s EV unit soar after liquidators’ stake sale deal (27-05-2024)
Shares of China Evergrande New Energy Vehicle Group doubled after liquidators agreed to sell a stake in the EV maker.