Sumeet Bagadia of Choice Broking feels investors should remain stock-specific rather than sector-specific and invest only in attractively priced fundamentally strong mid- and smallcap stocks
Friday's low will act as strong support level for Nifty, Bank Nifty as well as stocks. IL&FS crisis will bring volatility in market in the expiry week so it is better to adopt wait and watch approach during this week
If Bank Nifty settles below 25,900 levels then we will not be surprised to see it targeting towards 24,600 levels
Our strategy should be to hide ourselves in the defensive sector till the Nifty does not cross the all-time high level of 11,770.
After taking imports from major Korean importer (Aekyung) into account, one finds that 65 percent of India’s total imports took place without any anti-dumping duty during the period of investigation.
Yes Bank has been under the regulator’s lens after it reported divergences in classification of non-performing assets as compared to the assessment by the RBI.
Trade on Friday was so volatile that the BSE benchmark Sensex tanked, only to recover by over 800 points before the end of the day. Here are a few factors that have contributed to uncertainty in the market
By virtue of the deal, Amazon’s long-unfulfilled goal of tapping the Indian food and grocery market at a big scale has fructified.
CD Equisearch bullish on Jamna Auto Industries has recommended buy rating on the stock with a target price of Rs 99 in its research report dated September 21, 2018.
Anand Rathi is bullish on MM Forgings has recommended buy rating on the stock with a target price of Rs 809 in its research report dated September 21, 2018.
Anand Rathi is bullish on Aditya Birla Fashion and Retail has recommended buy rating on the stock with a target price of Rs 237 in its research report dated September 19, 2018.
JM Financial recommended hold rating on Yes Bank with a target price of Rs 300 in its research report dated September 20, 2018.
From the BSE Group A stocks, Dewan Housing Finance crashed 45 percent thereby hitting a new 52-week low in the afternoon trade
Moody's Investors Service on Thursday affirmed its ratings on the bank. The rating agency has maintained the outlook on the ratings as stable.
Research house Jefferies maintained buy on Graphite India with target of Rs 1415. It sees potential upside of 48 percent.
380 stocks have hit new 52-week low including names like Bank of Baroda, Canara Bank, Can Fin Homes, CESC, DHFL, EROS International, Hero MotoCorp, Vodafone Idea, Bharat Electronics, BGR Energy, Gammon Infra, Jet Airways and YES Bank among others.
Based on the company's own assessment and advice given by its legal counsels, company believes that it has a good case for succeeding in appeal and will accordingly file its appeal against the order.
Life Healthcare Group Holdings, South Africa, equal JV Partner in Max Healthcare Institute, has decided to sell its entire 49.70 percent equity stake held in Max Healthcare to Kohlberg Kravis Roberts & Co. LP.
After correcting by about 34 percent from its high this year, the stock is currently trading at 10.4 times its estimated earnings for FY20
Other finance companies Bajaj Finance, Bajaj Finserv and Shriram Transport Finance Corporation are also under pressure.
We expect the stock to rally towards its potential target of Rs 832 in the medium-term, says Hadrien Mendonca of IIFL.
says Hadrien Mendonca of IIFL.
We expect JSW Steel to move higher towards its potential target of Rs 442 in the medium term, says Hadrien Mendonca of IIFL.
Nifty PSU bank is outperforming with the index up over 2 percent led by State Bank of India which jumped close to 3 percent followed by Bank of Baroda, Canara Bank and Oriental Bank of Commerce.
The board of directors of Yes Bank will now meet on September 25, 2018 to decide the future course of action.