Page 48 - Market Trends

Telecom sector in focus: Charts suggest up to 25% upside for Airtel, TTML

Charts suggest that Bharti Airtel can rally to a new high of Rs 800; However, investors need to wait for a confirmed breakout if considering to buy shares of Vodafone Idea.

BSE IT index tanks 11% so far in June; TCS, Infosys, Wipro hit 52-week low

Fears of a recession in the US grew after Federal Reserve's biggest rate hike in nearly three decades, followed by Swiss National Bank raising its policy interest rate for the first time in 15 years.

F&O Strategy: Nandish Shah recommends Bear Spread strategy on DLF

The technical analyst from HDFC Securities recommends buying DLF June 300 Put and simultaneously selling 280 Put.

Recession fears hit global mkts; Sensex drops 1,046 pts, Nifty below 15,400

CLOSING BELL: The S&P BSE Sensex and the Nifty50 indices hit fresh 52-week lows as they spiraled 2 per cent down

Sagar Cements tanks 12%, hits 52-week low on growth concerns

The geopolitical tensions between Russia and Ukraine have resulted in sharp increase in pet coke and coal prices, thereby, denting overall profitability of the business.

JP Morgan sees RIL at Rs 3170 in a year; upgrades stock to overweight

The brokerage firm cites a positive earnings revision cycle ahead, given the strong refining and gas environment, for the ratings upgrade.

ITC gains 1% after Motilal upgrades rating; stock up 23% thus far in 2022

Motilal Oswal Financial Services (MOSL) upgraded rating on the stock to 'Buy' with a price target price of Rs 335 per share.

Sensex ends 152 pts lower ahead of US Fed decision; Nifty dips below 15,700

CLOSING BELL: NTPC, Infosys, HUL, Wipro, and RIL slipped over 1 per cent each

Five Tata Group stocks turn ex-dividend; Tata Steel gains, others slip

Tata Steel, Tata Power Company, Tata Exlsi, Tata Chemicals and Tinplate Company of India traded at ex-dividend adjusted price on Wednesday.

Paytm, Zomato, Indiabulls Housing look oversold; can jump up to 25%

Among the beaten down mid- and small-cap stocks, Paytm and Zomato can provide some relief to investors, while stocks like Metropolis Healthcare and Latent View Analytics could see further pain

Nifty may turn bullish once it crosses 15,858, says Vinay Rajani

The technical analyst from HDFC Securities recommends buying Birla Soft and ABB India for near term gains.

GR Infraprojects hits all-time low, stock down 18% in 3 days amid CBI raids

No major negative disclosure from the CBI raid will be key triggers for future price performance, according to analysts at ICICI Securities.

Stocks to watch: SBI, IDBI Bank, Hero Moto, Bajaj Electricals, NTPC, Cipla

Stocks to watch today: SBI and IDBI Bank have raised their interest rates on retail term deposits, subject to different tenors; LIC hiked stake in Hero MotoCorp to 11.2 per cent from 9.1 per cent.

Sensex falls 153pts; Nifty below 15750; Bajaj Auto dips 5%, Adani Ent up 6%

CLOSING BELL: Select IT, metals, and pharma stocks helped the headline indices recover from the day's low

Adani Enterprises jumps 4% on pact with TotalEnergies for green hydrogen

TotalEnergies to acquire 25 per cent minority interest in Adani New Industries from Adani Enterprises.

Metropolis tanks 27% in 1-mth on promoter stake sale buzz, latter clarifies

The promoters of Metropolis Healthcare on Monday after market hours clarified that they have no intention to exit the business.

LIC slips 5.8% as anchor investor lock-in ends; down 29% from issue price

LIC's stock traded at its lowest level since market debut on May 17, 2022

Sensex bleeds over 1,700 points: Top 5 reasons behind Monday's crash

Analysts believe that the persistent FII selloff, fear of aggressive rate hikes by the US Federal Reserve (US Fed) and weaker rupee was dampening investors' sentiment.

Sensex down 1457pts, Nifty gives up 15800 on global rout, ahead of CPI data

CLOSING BELL: The top laggards were Bajaj Finserv, IndusInd Bank, Bajaj Finance, Hindalco, Tech M, Tata Motors, ICICI Bank, Adani Ports, NTPC, and TCS

Stocks to watch: M&M, IDBI Bank, Dhanlaxmi Bank, Adani Green, RBL Bank

Stocks to watch today: Dhanlaxmi bank saw no outcome or resolution in their EGM meeting; Media stocks are expected to hog limelight ahead of day 2 of IPL's media rights auction.