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Source: Live Mint Early losses were reversed as buying interest emerged in sectors such as IT, metals, oil and gas, and telecom, while banking and financial stocks underperformed. Broader market indices outperformed, with mid-cap and small-cap segments posting significant gains. Additionally, softer inflation data from both India and the US boosted investor sentiment. Two stock…
Source: Live Mint This triggered risk aversion among investors, weakening the rupee and pushing bond yields higher. The volatility index (India VIX) surged more than 10%, reflecting growing market uncertainty. Profit booking in banking, financials, energy, auto, pharma, and metal stocks contributed to the decline. Adding to the pressure, hawkish comments from the US Federal…
Source: Live Mint Here are the best stock recommendations for Wednesday, 16 April, which you could consider trading in our view. Today’s picks are from the banking, tech, and fertilizer sectors. Three stocks to buy today, as recommended by Ankush Bajaj: Buy: BHEL (current price: ₹221.80) Why it’s recommended: The stock has reached a new…
Source: Live Mint Two stock recommendations by MarketSmith India: Buy: Godrej Consumer Products (current price: ₹1,160) Why it’s recommended: Defensive sector, strong brand portfolio, rural & tier-2/3 market penetration Key metrics: P/E: 61.24, 52-week high: ₹ 1,542, volume: ₹ 51.14 cr. Technical analysis: Possible horizontal trendline breakout Risk factors: High dependency on the insecticides segment,…
Source: Live Mint Nifty 50: How the benchmark index performed on 17 March India’s benchmark index, Nifty 50, opened lower on Monday, 17 March, but rebounded as buying interest emerged at lower levels, pushing it into positive territory. The index closed 112 points higher (+0.50%) at 22,509.65, forming a bullish candle. Market breadth was positive,…
Source: Live Mint MarketSmith India’s top stock recommendations for 7 March Gabriel India Current market price: ₹513.65 | Buy range: ₹495-518 | Profit goal: ₹610 | Stop loss: ₹470 | Timeframe: 2-3 months Amber Enterprises India Current market price: ₹6,174.90 | Buy range: ₹6,000-6,200 | Profit goal: ₹7,700 | Stop loss: ₹5,500 | Timeframe: 2-3…
Source: Live Mint Here are the top stock recommendations for today by NeoTrader’s Raja Venkatraman, Ankush Bajaj, and MarketSmith India. NeoTrader co-founder Raja Venkatraman’s top stock picks for today Yuken India Ltd Buy above: ₹785 | Stop loss: ₹763 | Target: ₹885 The capital goods sector is going through a rough patch, but this…
Source: Live Mint Two stocks recommended by MarketSmith India Sundaram Finance Ltd: Current market price: ₹ 4,689.70 | Buy range: ₹ 4,600-4,720 | Profit goal: ₹ 5,570 | Stop loss: ₹ 4,280 | Timeframe: 2–3 months Narayana Hrudayalaya Ltd: Current market price: ₹ 1,367.80 | Buy range: ₹ 1,340-1,380 | Profit goal: ₹ 1,630 |…
Source: Live Mint Three stocks to buy, recommended by Ankush Bajaj: Buy Voltas buy at 1835 tgt 1885-1910 sl 1760. stock has broken imp level of 1810 with good volume we might see a good up trend. Auropharma buy at 1348 tgt 1405-1426 sl 1320. based on recent bullishness of Pharma sector I have picked…
Source: Live Mint The chemical sector has once again shown some spirited rise in the last few sessions, and the strong surge seen in this counter now highlights the possibility of more upward traction. The strong dip into the cloud region and rebound with some buying picking up can be a good time to consider…
