The June swing high may not sustain, if Nifty fails to have broader participation, said Rahul Ghose.
Overall, the Nifty 50 remain in the broad trading range with strong under-currents and will eventually move past the crucial resistance zone of 25,000-25,150 in the coming days, says Milan Vaishnav of Gemstone Equity.
ICICI Securities recommended hold rating on Hindalco Industries with a target price of Rs 720 in its research report dated August 13, 2025.
FII futures positioning still shows a heavy concentration of shorts around. Until this data turns more constructive or prices start to form a consistent pattern of higher highs and higher lows, the Nifty 50 is likely to remain anchored near the lower end of the Bollinger Bands, Rahul Sharma of JM Financial said.
ICICI Securities recommended hold rating on Hindalco Industries with a target price of Rs 720 in its research report dated August 12, 2025.
Resilient Q1 with strong India operations and record downstream performance
Prabhudas Lilladher recommended accumulate rating on Hindalco Industries with a target price of Rs 762 in its research report dated August 13, 2025.
The consolidation phase is likely to continue until the index shows a strong and sustainable close above short-term moving averages. Below are some short-term trading ideas to consider.
Stocks to watch, 25 June: Stocks like BLS E-Services, JB Chemicals and Pharmaceuticals, Aurobindo Pharma, Timex Group India, Infosys, Hindalco Industries, Bajel Projects, Arisinfra Solutions, RITES, and PTC Industries will be in focus on June 25.
The company said the purchase will be undertaken through its stepdown wholly owned unit Aditya Holdings
The shares of the three companies closed in the green with marginal gains, although the broader Nifty Metal index ended the session in the red.
ICICI Securities is bullish on Hindalco Industries recommended buy rating on the stock with a target price of Rs 770 in its research report dated May 21, 2025.
Prabhudas Lilladher recommended accumulate rating on Hindalco Industries with a target price of Rs 724 in its research report dated May 21, 2025.
Hindalco Industries reported a 66 percent year-on-year jump in consolidated net profit at Rs 5,283 crore for the January–March quarter.
Hindalco also announced acquisition of 100 percent equity stake in EMIL Mines and Mineral Resources Limited.
ICICI Securities is bullish on Hindalco Industries has recommended buy rating on the stock with a target price of Rs 770 in its research report dated May 13, 2025.
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.
When compared to traditional steel designs, the low-carbon aluminium battery enclosures, offer up to 40 percent weight reduction and 8 to 10 percent improvement in vehicle driving range, enhanced crash safety, and improved thermal management for battery cooling.
After a consistent five-day rally, the market may consolidate, though the overall trend remains positive. Below are some trading ideas for the near term.
Net Sales are expected to increase by 15.9 percent Y-o-Y (up 11.1 percent Q-o-Q) to Rs. 64,870 crore, according to PL Capital.
Anand Rathi is bullish on Hindalco Industries has recommended buy rating on the stock with a target price of Rs 800 in its research report dated April 02, 2025.
Prabhudas Lilladher is bullish on Hindalco Industries has recommended buy rating on the stock with a target price of Rs 773 in its research report dated April 03, 2025.