According to the latest report by IMF, India is poised to grow at 7.4 percent in 2018 and 7.8 percent in 2019, making it the fastest growing economy among peers overtaking China.
As many as 142 stocks on the BSE recorded their fresh 52-week low which includes NBFCs as well as Housing Finance Companies like PNB Housing Finance, Indiabulls Housing Finance, Motilal Oswal Financial Services, Bandhan Bank, GIC Housing Finance etc. among others.
If you do not understand the company or market sentiments, do not buy individual companies, but Invest in a mutual fund.
Traders can accumulate the stock in the range of 171–174.80 for the target of 187.50 with a stop loss below 165.
Traders can accumulate the stock in the range of Rs 320-326 for the target of Rs 349 and a stop loss below Rs 308.
Traders can accumulate the stock in the range of 786-804 for the target of Rsc866 and a stop loss below Rs 752.
PE multiple is widely used as a valuation tool that helps in screening a stock on a relative basis.
The recent IL&FS fiasco and its adverse fallout on NBFC (non-banking financial companies) space is unlikely to reverse financial savings as a percentage of overall savings in India; it will continue to rise.
Analysts highlighted how telecom and retail segment had performed well and acquisitions are likely to pick up pace, going ahead
Rajesh Agarwal of AUM Capital is of the view that one may buy Den Networks with a target of Rs 82.
The Nifty is likely to consolidate within the range of 10,700 and 10,200. A decisive breakout on either side will confirm the future trend.
Prakash Gaba of prakashgaba.com advises buying NIIT Tech with a stoploss of Rs 1150 and target of Rs 1250.
Experts have advised investors to not get rattled by volatility and continue to stay invested in high-quality names with steady balance sheets and management.
The market is shut today on account of Dussehra, which marks the victory of good over evil. The equity market tries to fight a similar battle every day, with good quality names eventually emerging victorious
Macquarie has recently upgraded its Nifty50 target to 12,000 for March 2019. It expects largecaps to perform better than midcaps as the latter is still vulnerable from valuations and flows
Stocks with a combination of fundamental factors, such as high and consistent ROCE (return on capital employed), increasing or stable operating margin, positive free cash flow and low leverage, qualify as quality stocks.
We recommend buying the stock at the current level for an initial target of Rs 250 with the stop loss placed below Rs 240.
We recommend buying from the current level for the target of Rs 1060 and a stop loss below Rs 1035.
We recommend buying at the current level for an initial target of 138 and a stop loss below Rs 128.
Fears of a liquidity crunch following the IL&FS crisis hit the mutual fund industry in September. Cash plans, or liquid funds, were the worst hit
Brokerage firms such as BofA, Macquarie, as well as Edelweiss maintained their rating but raised their respective target price for Infosys post Q2 results.
The upside remains open towards 10,650 – 10,700 but it will be too soon to take bullish call given the indicators are showing a weaker trend strength.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may buy M&M with a stoploss of Rs 766 and target of Rs 799.
Rajesh Agarwal of AUM Capital suggests buying Century Plyboards with a stoploss of Rs 198 and target of Rs 217.
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