The consolidation is expected to continue as long as the frontline indices trade below short-term moving averages. Below are some short-term trading ideas to consider.
The market is expected to remain in consolidation mode until it reclaims all key moving averages. Below are some short-term trading ideas to consider.
ICICI Securities is bullish on Manappuram Finance has recommended buy rating on the stock with a target price of Rs 305 in its research report dated August 11, 2025.
Motilal Oswal recommended Neutral rating on Manappuram Finance with a target price of Rs 280 in its research report dated August 10, 2025.
Manappuram Finance shares: The lender posted a steep drop in June-quarter profit, hurt by lower yields, weaker spreads, and a sharp fall in microfinance income. While management expects a turnaround by Q4FY26, brokerages remain cautious.
Stocks to Watch, 11 August: Stocks like Tata Motors, IDFC First Bank, Manappuram Finance, Power Mech Projects, Entero Healthcare Solutions, Voltas, Siemens, RBL Bank, DCW, Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation will be in focus on August 11.
Manappuram Finance Q1 Results: The company also announced the appointment of MD V. P. Nandakumar as the Chairman of the board, effectively from August 28. He will replace Shailesh Jayantilal Mehta who will retire on August 27.
The market is expected to remain cautious and continue consolidating in the upcoming sessions. Below are some short-term trading ideas to consider.
Traders are advised to adopt a wait-and-watch approach in the next couple of sessions until a clear breakout or breakdown confirms the next leg of the move, said Sudeep Shah.
Gold loan NBFCs rallied on June 9 after the RBI released final guidelines raising the loan-to-value ratio to 85 percent for loans up to Rs 2.5 lakh.
Stocks to watch, 9 June: Stocks like Garden Reach Shipbuilders & Engineers, GHV Infra Projects, Multi Commodity Exchange of India, Bharat Electronics, Hindustan Copper, RITES, Afcons Infrastructure, UPL, Asian Paints, Aditya Birla Fashion and Retail, Chambal Fertilisers and Chemicals, and Manappuram Finance will be in focus on June 9.
Shares of Muthoot Finance, Manappuram Finance, and IIFL Finance surged after the RBI raised the LTV cap on small gold loans to 85 percent and simplified appraisal rules
Stocks to watch, 6 June: Stocks like Khadim India, 3B Films, Hilton Metal Forging, KCP, Imagicaaworld Entertainment, Coal India, JSW Energy, Praj Industries, Ashoka Buildcon, Bajaj Finserv, Aditya Birla Fashion and Retail, Chambal Fertilisers and Chemicals, and Manappuram Finance will be in focus on June 6.
Stocks to Watch, 5 June: Aditya Birla Fashion and Retail, Manappuram Finance, Jindal Saw, Rallis India, Yes Bank, NTPC Green Energy, Diamond Power Infrastructure, Newgen Software Technologies, Indosolar, Gland Pharma, and Hindustan Aeronautics will be in focus on June 5.
Stocks to Watch, 2 June: Stocks like TVS Motor Company, Eicher Motors, Hero MotoCorp, Maruti Suzuki India, Indian Energy Exchange,Indigo Paints, Manappuram Finance, Tata Motors, Mahindra and Mahindra, Niva Bupa Health Insurance Company, Alembic Pharmaceuticals, IRCON International, Godrej Properties, Titagarh Rail Systems, AstraZeneca Pharma India, Genus Power Infrastructures, and FSN E-Commerce Ventures Nykaa will be in focus on June 2.
The market is expected to trade with a positive bias, albeit within a likely rangebound zone. Below are some short-term trading ideas to consider.
Stocks to Watch, 12 May: Stocks like Dr Reddy's Laboratories, Navin Fluorine International, Bank of India, Yes Bank, Swiggy, Manappuram Finance, ABB India, and Puravankara will be in focus on May 12.
Manappuram Finance Q4 Results: NBFC had reported a net profit of Rs 428 crore in Q4 FY24.
The objectives behind the revised directions are to put in place a harmonized regulatory framework for such loans across banks, HFCs, NBFCs as well as cooperative banks. The RBI said it aims to address concerns over some of the lending practices being followed.
According to experts, the rate cut was on expected lines but change in stance was unexpected. They see more rate cuts in the coming policy meetings
Manappuram Finance recently announced that Bain Capital will be acquiring 18 percent stake in the company with the said amount
ICICI Securities is bullish on Manappuram Finance recommended buy rating on the stock with a target price of Rs 260 in its research report dated March 21, 2025.