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With the chart looking promising, we suggest to buy Hindalco and accumulate the stock with an upside target of Rs 220-225 keeping the stop loss near Rs 180 levels.
In the past two weeks, ZEEL has underperformed the market by falling 23 per cent after reporting disappointing numbers for the quarter ended December 2019 (Q3FY20).
In the past one month, the stock of Avenue Supermarts has outperformed the market by surging 22 per cent on the BSE.
Revenue from operations; however, stood at Rs 922.69 crore, up 10.45 per cent year-on-year (YoY).
Here's a look at the top stocks that may remain in focus today
The range of 12,000-12,050 is a strong resistance zone for the Nifty, which should be taken out on a closing basis to negate the bearish trend.
Oil fall, global rally help recoup Budget-day losses; indices jump most since Sept; rupee gains 13 paise against dollar
Here's a look at the top stocks that may remain in focus today
Finance Minister Nirmala Sitharaman on Saturday proposed to set up Kisan Rail in public-private-partnership (PPP) mode for cold supply chain to transport perishable goods.
The recent Budget 2020 proposals came like a bolt from the blue for the life insurance firms. A knee-jerk reaction saw stocks of private life insurers plunge 6-13 per cent at the bourses on Saturday.
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Whether the provisions of the Union Budget will succeed in reviving the much needed growth is not entirely clear.
With emphasis on privatisation, productivity should improve in the long run.
All in all, present budget is forward looking and in line of promoting the primary goal of 'ease of doing business and automation'
The fiscal deficit number is manageable, but given the deviation from the original target, I would have liked to see some extra spending where it would have made a difference.
Higher dynamism has helped the emergence of new firms which have challenged the old order, survey notes
The management, however, said the near-term outlook for demand growth remains challenging with most key categories reporting a steady decline in value and volume growth.
Shares of ITC have underperformed the market by falling over 8.5 per cent during October-December period against 6 per cent rise in the Nifty.
Here's a look at the top stocks that may remain in focus today -
The stock erased its entire gain recorded during January.