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Source: Live Mint Two stocks recommended for today by MarketSmith India Multi Commodity Exchange of India Ltd (current price: ₹6,492.50) Why it’s recommended: Financial strength, growth, risk management, and infrastructure Key metrics: P/E: NA | 52-week high: ₹ 7,048.60 | Volume: ₹ 287.08 crore Technical analysis: Cup-with-handle-base breakout Risk factors: Regulatory risks, operational risks Buy…
Source: Live Mint On Tuesday, Nifty 50 was volatile owing to mixed cues. Positive sentiment stemmed from strong FPI inflows and optimism over a potential US-India trade deal. IT stocks led the gains, supported by stable earnings and renewed global tech optimism. However, pressure from metal and pharma stocks, and geopolitical tensions between India and…
Source: Live Mint Private lender Yes Bank share price will remain in focus in Monday’s trading session after the company announced its fourth quarter financial results on Saturday, April 19. Yes Bank share price closed 1.12 per cent higher at ₹18.07 on Friday, a day before the announcement. The stock has remained positive in past…
Source: Live Mint Negative market breadth Indian equities also recorded their weakest market breadth in over a year on Monday, with the advance-decline ratio dropping to a concerning low of 0.62. This marks the worst monthly reading since at least April 2024, highlighting a broad-based weakness beneath the surface of benchmark indices. The advance-decline ratio,…
Source: Live Mint Three best stocks to buy today, recommended by Raja Venkatraman of NeoTrader for Thursday, 3 April • Gujarat Alkalies And Chemicals Ltd: Buy above ₹650 | Stop ₹628 | Target ₹695-715 • Suzlon Energy Ltd: Buy above ₹58 | Stop ₹55 | Target ₹65-68 • MRPL: Buy above ₹140 | Stop ₹133…
Source: Live Mint Two stock recommendations by MarketSmith India: Buy Lemon Tree Hotels Ltd. (current price: ₹140.71) Why it’s recommended: The start of the holiday season, enhanced operational efficiencies, strategic market diversification. Key metrics: P/E: 49.63, 52-week high: ₹162.40, volume: ₹88.60 crore. Technical analysis: Trendline breakout on the daily chart along with strong volume. Risk…
Source: Live Mint View Full Image Source: TradingView AB Infrabuild operates in the infrastructure and construction sector, which has seen robust growth due to government initiatives and increased spending on urban development projects. The company’s stock has delivered impressive returns, with a 113% gain over the past year, outperforming its sector peers. In the December…
Source: Live Mint It takes years to build trust, but just seconds to break it. No one knows this better than IndusInd Bank Ltd’s investors as they see the bank’s stock crumble amid back-to-back negative developments. On Monday, after market hours, the private sector lender informed the stock exchanges about discrepancies in its derivatives portfolio…
Source: Live Mint The Nifty 50 index fell 43.40 points (-0.18%) to close at 23,559.95, while the Bank Nifty dropped 223.25 points (-0.44%) to settle at 50,158.85. View Full Image (Source: TradingView) Sectoral trends reflected mixed sentiment—PSU Banks (-1.38%), FMCG (-1.30%), and Oil & Gas (-0.90%) saw notable declines, while Metal (+2.66%), Auto (+0.69%), and…
Source: Live Mint Nifty 50 on 6 February Nifty 50 closed 93 points lower at 23,603.35 on Thursday, a day ahead of the outcome of the Reserve Bank of India’s (RBI) monetary policy meeting, where expectations point to a 25 basis points repo rate cut to 6.25%. The index had opened on a positive note…
