The Nifty too is chasing 10,000 level which is likely to act as stiff resistance for the index and market should cool off post the event, suggest experts. However, a major decline is not something which analysts’ see unless it gets triggered by a global event.
In the near-term, we have a cautious view on the broad PSU banks.
Vinod Nair of Geojit Financial believes that Q4 numbers have been good for the broad economy.
ICICI Direct recommended hold rating on Transport Corporation with a target price of Rs 250 in its research report dated May 19, 2017.
Geojit Financial Services is bullish on Transport Corporation India has recommended buy rating on the stock with a target price of Rs 280 in its research report dated May 02, 2017.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy LIC Housing Finance, Kotak Mahindra Bank and IRB Infra and sell Infosys.
First, the big picture. The victory fashioned by Modi in India‘s politically most important state will inevitably be seen as a thumbs up for demonetisation; the failure of the Aam Aadmi Party in expanding beyond Delhi will also reassure those who want no threat, however small, to a dominant single party at the Centre.
Hindalco Industries | Lupin | Tata Motors | Aurobindo Pharma | Apollo Hospital | NALCO | Dr Reddy's Labs | A2Z Infra | Syngene | Motilal Oswal | IIFL | Accel Frontline and Zenotech Labs are stocks, which are in the news today.
Ashwani Gujral of ashwanigujral.com recommends buying TCI, Titan Company, Jindal Saw, Indiabulls Housing Finance and REC.
ICICI Direct recommended hold rating on Transport Corporation with a target price of Rs 190 in its research report dated February 07, 2017.
Bulls had a great day at the markets today. Indian market ended on a high at the end of day‘s trade. While Nifty ended positive gaining 0.69 percent to close at 8801.05, Sensex gained 198.76 to end at 28439.28 up by 0.70 percent.
According to Neeraj Deewan of Quantum Securities, one can invest in Transport Corporation of India, Equitas Holdings and Ujjivan Financial Services.
In an interview to CNBC-TV18, Vineet Agarwal, MD of Transport Corporation of India said that dividend income from group companies aided other income.
BSE | Tata Motors | Surya Roshni | Ujjivan Financial | Tata Power | Excel Crop | Cosmo Films | Subros | Glenmark Pharma | Godfrey Phillips | Aegis Logistics and AstraZeneca are stocks, which are in the news today.
ICICI Bank | Shree Cement | PNB | Lupin | Tata Motors | Dena Bank | Amara Raja Batteries | Union Bank | United Breweries | Mangalam Cement | Indian Hotels | Munjal Auto | Central Bank Of India | Aditya Birla Fashion and GMR Infra are stocks, which are in the news today.
ICICI Bank | Shree Cement | PNB | Lupin | Tata Motors | Dena Bank | Amara Raja Batteries | Union Bank | United Breweries | Mangalam Cement | Indian Hotels | Munjal Auto | Central Bank Of India | Aditya Birla Fashion and GMR Infra are stocks, which will be in the news on Monday.
Some of the stocks that should be on your radar are: ICICI Bank, Zensar Technologies, Petronet LNG, Gati,Transport Corporation of India, VRL Logistics, Kajaria Ceramics, Somany Ceramics, Century Plyboards, Greenply Industries, Relaxo Footwears, Bata India, PVR,INOX Leisure, Dish TV India, Asian Paints.
The new limits, effective September 12, will ensure stock prices do not go up or down beyond a level during a session.
Tata Motors | Prakash Constrowell | J Kumar Infra | Aditya Birla Fashion | Infibeam Corporation | Spice Mobility | Biocon | Gujarat Sidhee Cement | Mandhana | InterGlobe Aviation | NCC and IL&FS Transportation are stocks, which are in the news today.
TCI would be shifted out of S&P BSE 500, S&P BSE AllCap, S&P BSE Industrials, S&P BSE MidSmallCap and S&P BSE SmallCap.
Stocks in news: SBI | Marksans Pharma | Bhushan Steel | DHFL | Bharti Airtel | Reliance | Jai Corp | Vama Industries | UltraTech Cememt | NHPC | Chaman Lal Setia Exports | TCS | Wipro and Coffee Day are stocks, which are in news today.
Shares of Allcargo Logistics surged 6.72 percent, Transport Corporation of India rose by 3.74 percent and Blue Dart Express went up by 2 percent on the BSE.
RC Bhargava, Chairman of Maruti Suzuki, said that the GST is a good move, but the focus should be on implementing it once the legislation is passed. Legislation on paper won‘t be good unless there is implementation, he said.
According to Prakash Gaba of prakashgaba.com, Nifty has support at 8570 and resistance at 8746 while Bank Nifty has support at 19000 and resistance at 19300-500 zone.
In an interview to CNBC-TV18 Mayuresh Joshi of Angel Broking shared his reading and outlook on the market as well as on various stocks and sectors.