Page 57 - Market Trends

M&M soars 33% from 52-week low on hopes of steady performance

Analysts expect strong volume outlook on the back of a robust order book in autos and new product launches across segments.

Reliance Industries rallies 7% in two days, stock nears record high

RIL traded 3.5 per cent higher at Rs 2,730 fairly close to its record high of Rs 2,750 touched on October 19, 2021.

Coal India gains 4%, hits over 2-year high on hopes of strong earnings

Amid the spiraling power generation, CIL raised its supplies to thermal power stations by 14.2 per cent during the first half of April'22 compared to same period last April.

Stocks to Watch: ACC, Mastek, PCBL, L&T Infotech, NBFCs, Sugar

Stocks to watch today: Shares of brokerage firms Angel One and ICICI Securities are also likely to be in focus ahead of the corporate earnings on Wednesday.

Trend to remain bearish as long as Nifty stays below 17,275, Vinay Rajani

The technical analyst from HDFC Securities has buy call on ICICI Prudential Gold ETF and sell call on Mothersonsumi.

Is Paytm ready for a short-term reversal? Here's what technical charts say

Shares of Paytm are expected to jump up to 20 per cent after overcoming the resistance at the 50-DMA.

INEOS Styrolution dips 16%, hits 52-wk low as promoter lowers stake via OFS

The promoter today launched an offer for sale to offload up to a 14.4 per cent stake in the company and fixed offer price at Rs 800 per share.

AU Small Finance Bank gains 4%, hits record high on bonus issue plan

The board of directors of the bank shall meet early next week to consider the proposal for issuance of bonus shares.

Stocks to Watch: Infosys, HDFC Bank, Tata Steel, ICICI Life, HUL, RIL, M&M

The Infosys ADR has declined over 9 per cent in the last two trading session in the US market, while our market was shut for trade, post Q4 results.

Stock of this agri products company has zoomed 85% in two months

Gujarat Ambuja Exports hit a new high of Rs 329.55, on rallying 10% on the BSE in Wednesday's intra-day trade, and has surged 29% in the past four trading days.

ONGC, Oil India gain 3% in tandem with crude oil prices

Crude oil prices increased around 6 per cent on Tuesday amid news reports of lower supply by oil producers and easing of lockdown restrictions in parts of China

Here's why Vinay Rajani recommends buying HG Infra, Kaveri Seeds

The technical analyst from HDFC Securities expects the Nifty to find support around 17,450-odd levels.

Stocks to Watch: Infosys, HDFC Bank, Tinplate, Brightcom, Vedanta, Thermax

Infosys is scheduled to announce results today, while HDFC Bank shall be reporting its Q4 numbers on Saturday.

Sensex slides 871 pts in two days: Key factors spooking the markets

Rising bond yields, fears of aggressive rate hikes by global central banks, and Covid-19 scare in China are among the key pain-points for investors

Infosys Q4 preview: Will high costs dent margin? What top brokerages expect

Analysts expect the Bengaluru-based firm to post flat-to-negative EBIT margin due to higher attrition, lower utilisation, and rising travel expenses.

TCS gains 1% in a weak market on strong demand outlook

The demand outlook continues to be strong as clients continue to spend on cloud transformation programs.

LT Foods surges 14% in two days on heavy volumes; stock nears 52-week high

Ratings agency CRISIL believes organic business profitability of LT Foods should lead to higher consolidated EBITDA in the fourth quarter of 2022.

Shares of this PSU defence company have zoomed nearly 100% thus far in 2022

Government of India aims to reduce the country's dependence on imports of defence equipment and have a more 'self -reliant' defence sector under the Aatmanirbhar Bharat initiative.

Bajaj Auto, DLF, SBI: Strategies for rate sensitive stocks post RBI policy

AU Small Finance Bank and Bajaj Auto seem well placed on the technical charts and should be able to witness decent gains in the weeks ahead.

Adani Green surges 9%, hits new high ahead of board meet for fund raising

The board of directors of the company is scheduled to meet today to consider and approve the proposal for raising of funds by way of a rights issue, preferential allotment, including a QIP.