The zone of 9,500–9,000 could act as strong support for the markets from here. If this support is held in the coming sessions, then we are of the opinion that some stability is likely to return to the markets.
The Nifty Midcap Index gained for the 8th straight day to post the longest gaining streak in 18 months
Net sales are expected to increase by 0.4 percent Q-o-Q (up 9.5 percent Y-o-Y) to Rs 12194.6 crore, according to IndiaNivesh Securities.
Net sales are expected to increase by 5.5 percent Q-o-Q (up 15.5 percent Y-o-Y) to Rs 25541.4 crore, according to IndiaNivesh Securities, says IndiaNivesh Securities.
According to Daljeet Singh Kohli - Head of Research at IndiaNivesh Securities, Lumax Auto Technologies may touch Rs 570.
Daljeet Singh Kohli - Head of Research at IndiaNivesh Securities recommends holding Bharti Airtel and Idea Cellular.
According to Daljeet Singh Kohli - Head of Research at IndiaNivesh Securities, one may prefer Hindustan Sanitaryware & Industries.
Daljeet Singh Kohli - Head of Research at IndiaNivesh Securities is of the view that one may prefer Aurobindo Pharma.
Daljeet S Kohli, Head of Research at Indianivesh Securities feels that Indoco Remedies may touch Rs 392.
Daljeet S Kohli, Head of Research at Indianivesh Securities is bullish on Pennar Industries.
According to Daljeet S Kohli, Head of Research at Indianivesh Securities, Capital First may move to Rs 400.
Daljeet S Kohli, Head of Research at Indianivesh Securities feels that Mastek may go to Rs 554.
Dharmesh Kant of Indianivesh Securities recommends buying YES Bank with a stoploss at Rs 336 and Granules India for a target of Rs 310.
Dharmesh Kant, Indianivesh Securities advises buying Arvind for a target price of Rs 165 and Federal Bank for a target price of Rs 90.
According to Dharmesh Kant of Indianivesh Securities, one may buy LIC Housing Finance for a target of Rs 240 and UPL for a target of Rs 210.
Vishal Malkan, Malkansview advises buying Cox & Kings for a target price of Rs 158 and Bata India for a target price of Rs 1120.
Akshata Deshmukh, Networth Capital advises buying Jain Irrigation for a target price of Rs 62.25 and Dena Bank for a target price of Rs 55.90.
Dharmesh Kant of Indianivesh Securities recommends buying UPL for a target of Rs 210 and Divis Laboratories for a target of Rs 1500.
Dharmesh Kant, Indianivesh Securities advises buying Bank of India for a target price of Rs 190 and Bharat Forge for a target price of Rs 410.
Dharmesh Kant of Indianivesh Securities recommends buying Bharat Forge as the stock may test Rs 410 and Motherson Sumi Systems with a target of Rs 250.
Vishal Malkan, Malkansview advises buying CESC for a target price of Rs 520 and Cadila Healthcare for a target price of Rs 1070.
Dharmesh Kant of Indianivesh Securities recommends buying IndusInd Bank with a target of Rs 420 and Granules India.
Manav Chopra of Nirmal Bang recommends buying CESC with a target of Rs 490 and Mcleod Russel with a target of Rs 275.
Dharmesh Kant of Indianivesh Securities recommends buying Bank of India for a target of Rs 210 and Bharat Forge for a target of Rs 360.
Dharmesh Kant of Indianivesh Securities recommends buying Bata India for a target of Rs 1,050 and Union Bank of India for a target of Rs 120.