stocks to buy

Top Stock Recommendations: Dharmesh Shah of ICICI Securities suggests buying Tata Power and Oil India tomorrow

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Top Stock Recommendations: Dharmesh Shah of ICICI Securities suggests buying Tata Power and Oil India tomorrow

According to reports, traders stated that continuing outflows of foreign funds, a falling rupee, and rising global crude prices further weighed on sentiments.  Sectoral indices were mixed bag; the Nifty Consumer Durables index finished 1.72% higher than the Nifty Financial Services index, which ended 0.89% lower. India VIX recovered as well at 10.92 levels. On Friday, the … Read more

Nifty 50 expected to rise 14% to reach 25,810 level by December, says Prabhudas; picks 7 large cap stocks to buy

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Nifty 50 expected to rise 14% to reach 25,810 level by December, says Prabhudas; picks 7 large cap stocks to buy

Nifty 50 will have scaled up to the 25,810 mark by December 2024, highlighted domestic brokerage Prabhudas Lilladher in its most recent India Strategy Report, Democratic Hat-trick to Re-Rate Markets. The ongoing rule of the National Democratic Alliance (NDA) government and the La Nina-led regular monsoons, which are predicted to bring policy stability and accelerate … Read more

Stock Market: Half of Nifty 50 constituents, two-thirds of sectoral indices trade at premium valuation: Motilal Oswal

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Stock Market: Half of Nifty 50 constituents, two-thirds of sectoral indices trade at premium valuation: Motilal Oswal

The Nifty 50 index has gained nearly 3% in 2024 so far, but the broader markets have outperformed the benchmark as the Nifty Smallcap 100 rallied 6.8%, while the Nifty Midcap 100 index surged 7.7% YTD. During the last twelve months, the midcap and smallcap indices have gained 65% and 78%, respectively, while largecaps have … Read more

Anand Rathi suggests these two renewable energy stocks on strong finances

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Anand Rathi suggests these two renewable energy stocks on strong finances

Domestic brokerage firm Anand Rathi has initiated coverage on Suzlon Energy and Inox Wind, assigning them ‘Buy’ ratings. This move comes in light of the renewed attention on the wind-energy sector driven by the government’s ambitious growth agendas. “We initiate coverage of these two companies, with Buy ratings, at TPs of respectively Rs49 (35x FY26e … Read more

Buy or sell: Ruchit Jain of 5paisa recommends buying Sun Pharmaceutical Industries and Nykaa tomorrow

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Buy or sell: Ruchit Jain of 5paisa recommends buying Sun Pharmaceutical Industries and Nykaa tomorrow

Given the short week and the monthly expiry of futures, market experts anticipate some volatility, but the Nifty 50, as per analysts, would probably consolidate at higher levels. Furthermore, investors would be busy during this truncated week with US GDP data, other important economic data, and the opening of one mainboard IPO and a few … Read more

Stocks to buy: These 5 stocks could jump up to 40% in 1-2 years, says Pankaj Pandey of ICICI Direct

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Stocks to buy: These 5 stocks could jump up to 40% in 1-2 years, says Pankaj Pandey of ICICI Direct

However, the long-term outlook of the market remains positive as India is expected to witness strong economic growth in the coming financial year as well. Also Read: Indian stock market remains attractive, say experts, suggest stocks to buy for long term Recently Fitch Ratings has raised its forecast for India’s economic growth to 7 per … Read more

Buy or Sell: Dharmesh Shah of ICICI Securities recommends buying Bank of Baroda and Ambuja Cements stocks on Monday

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Buy or Sell: Dharmesh Shah of ICICI Securities recommends buying Bank of Baroda and Ambuja Cements stocks on Monday

The 30-share BSE Sensex ended flat by 60.80 points at 73,806.15 level while the Nifty 50 closed at 22,378.40 level, up 39.65 points or 0.18%. Also Read: Stock market today: Sensex ends flat, Nifty 50 closes up by 39.65 points in second part of special trading session Net-net, the Nifty 50 was able to close … Read more