We expect the domestic prices of gold to touch Rs 41,000-41,900 per 10 gram
The equity market may trade with a negative bias in the short-term, but the broader market will maintain its positive bias in the long-term, Vinod Nair of Geojit Financial Services says.
Nalin Shah of NVS Brokerage said on the domestic front, the uncertainty surrounding upcoming state elections and the government's inability to spruce up exports will continue to keep the rupee under pressure
There is immense opportunity for the company over the next 10 years, says Akash Jain of Ajcon Global.
Akash Jain of Ajcon Global said the dented market sentiments will present investors great and good companies at decent valuation which investors can add in their portfolio.
Traders can accumulate the stock in the range of Rs 850-855 for the target of Rs 958 with a stop loss below Rs 812, says Achin Goel of Bonanza Portfolio.
The recent upmove in the Nifty has found initial resistance at the falling trend line on the daily chart. A clean takeout of the falling trend line, which is currently pegged at 10,772, is expected to set Nifty for a rally towards 10,830-10,900.
Rajesh Agarwal of AUM Capital recommends buying Maruti Suzuki with stop loss at Rs 9070 and target of Rs 9380, Lupin with stop loss at Rs 925 and target of Rs 946 and Bharat Forge with stop loss at Rs 618 and target of Rs 658.
Nomura has initiated coverage with neutral rating on the BSE and set a target price of Rs 1,000, implying a potential upside of 9 percent.
We have collated a list of top 5 stocks on which brokerage initiates coverage in August. These stocks can give up to 28 percent in next 1 year from Thursday’s closing price.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy ICICI Bank and Cholamandalam Investments.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on the market and specific stocks and sectors.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks.
The BSE today had a stellar listing on the NSE at Rs 1089, up 35 percent over the issue price of Rs 806. SP Tulsian of sptulsian.com, however, is not convinced with its valuation on back of low growth.