“The percentage of CNX 500 stocks trading above the 50-day moving average has improved from 48% to 65%. This suggests the rally should continue, also supported by strong global cues. …
DHARMESH SHAH, HEAD OF TECHNICALS, ICICI SECURITIESWhere is Nifty headed this week?We expect Nifty to continue trade with a positive bias and gradually head towards 24,700 by July end. Higher …
Mumbai: Shares of Deepak Nitrite surged 4.8% after Morgan Stanley gave a ‘double-upgrade’ in its rating on the stock to overweight. The brokerage set a price target of ₹2,985 on …
Equity indices surged more than 1% to hit their new all-time highs on Friday, with the Sensex breaching the 71,000 mark, as domestic macro data and easing concerns over the …
Nifty futures traded in a narrow range of 84 points on weekly expiry day on Thursday, which was lowest the daily range in last 6-trading sessions. On a daily scale, …
Mumbai: Speciality chemical stocks will likely remain under pressure in the near-to-medium term as the sector grapples with substantial hurdles erected by rising global interest rates and output glut. Most …
Brokerage firm Jefferies maintained a buy rating on HDFC Bank post-Q2 results while Axis Capital initiated coverage on Deepak Nitrite with a buy rating. Kotak Institutional Equities maintained a buy …