Stocks to watch, 13 May: Stocks like Raymond, Care Ratings, One 97 Communications Paytm, Kfin Technologies, Premier Explosives, Aether Industries, Sundaram Clayton, Northern Arc Capital, Motilal Oswal Financial Services, and Tanla Platforms will be in focus on May 13.
Though the US, the world’s largest consumer, had become the biggest market for Chinese goods, Trump’s tariffs have accelerated a decline in Beijing’s share.
The benchmark indices need to decisively close above the previous day's high for a further upward move; until then, consolidation may be seen. Below are some short-term trading ideas to conside.
The Sebi order was passed on August 23; CARE Ratings had filed the settlement application on March 5, 2024 without admitting or denying the facts and conclusions
Care Ratings said the new government will retain the interim budget's Rs 50,000 crore target on receipts from divestments.
Traders are advised to hold longs with trailing stop-loss of 20,500 in Nifty on the closing basis.
So far this year, the stock of this transmission cable manufacturer has rallied 223 percent as against 8 percent surge in the benchmark Sensex
Going forward, 19,600-19,500 is expected to act as a crucial support for the Nifty50 in coming sessions, and if it manages to sustain above then the gradual upmove towards 20,000 can be possible, experts said
Nifty is still holding above 20, 50 and 100 day EMAs, which indicates the bullish trend on all time frames.