Page 41 - Stock Market Trading

Stocks to Watch: Bharti Airtel, Nykaa, Paytm, BPCL, SBI, Titan, Adani Ports

Stocks to watch today: Bharti Airtel and Adani Ports will report their June quarter results (Q1FY23); Titan saw 13-fold jump in net profit to Rs 790 crore in Q1FY23.

Bhagiradha Chemicals hits record high; stock zooms 70% from June low

The stock rallied 12 per cent to hit a record high of Rs 1,254.60 on Friday's intra-day trade. That apart, the stock bounced back 70 per cent from its June 21, 2022, low of Rs 736.30.

SBI, DLF, Bajaj Auto, Manappuram look good on charts post RBI policy

Manappuram Finance has so far on Friday post RBI rate hike has logged its biggest intra-day gain this year, the stock along with DLF, SBI and Bajaj Auto can rally up to 14 per cent in the near term.

Trading Calls: Mehul Kothari recommends Buy Birlasoft, Sell IndusInd Bank

According to the analyst from Anand Rathi, IndusInd Bank has rallied sharply in the recent days without any corrective move, and is currently facing some headwinds at 200-WMA.

Charts show Nifty IT index has bottomed out: 4 stocks can rally up to 24%

MindTree, Mphasis and Larsen & Toubro Infotech may rally up to 24 per cent, while Infosys needs to overcome its near-term hurdle for fresh gains.

SpiceJet, MOIL: 5 buzzing stocks that may gain up to 19% in short-term

Among the most buzzing stocks, Spicejet surged 18 per cent. MOIL soared close to 9 per cent, while eClerx Services, Brigade Enterprises and Rossari Biotech were trading with 5-6 per cent gains

ITC can double from current levels; HUL, Marico may hit new highs

The current chart formation is akin to 2011, provided ITC ends August on a positive note. Post which, the stock can potentially double from current levels.

Bank, auto, FMCG: Sectors on FPIs' radar as they turn focus back on India

The swing in favour of Indian equities comes after a brutal sell-off where FPIs sold equities worth Rs 2.56 trillion since October 2021

Carborundum Universal's net profit rises 10% to Rs 85.99 crore in Q1

The capital expenditure incurred during the quarter was Rs 56 crore at the consolidated level

Adani Ports, ABB, NOCIL: Top 5 stocks that can rally up 15% in short-term

The broader markets have pulled back sharply, with the benchmarks Sensex and Nifty 50 now up 15 per cent each from the June lows.

Bajaj Finance can hit Rs 7600; Bajaj Finserv can reach Rs 15,400 levels

Both, Bajaj Finance and Bajaj Finserv, may enter a long-term bull run if the current levels are held decisively for few more sessions

Sensex, Nifty gain 4% this week; here's what drove the rebound

While analysts feel the fundamental backdrop has not drastically changed, a combination of domestic and global factors have lowered investors' apprehension.

Banks lift Sensex 390 pts, Nifty reclaims 16,700; Ultratech Cement up 5%

CLOSING BELL: Ultratech Cement, Grasim, UPL, HDFC, HDFC Bank, Eicher Motors, and ICICI Bank were the top gainers, ralling over 2 per cent each

Stock market investors richer by over Rs 9.76 trn in five days

In five days, the 30-share BSE benchmark has rallied 2,265.8 points or 4.24%

Investor pessimism worst since 2008 global financial crisis: BofA survey

Investors slashed their exposure to risk assets to levels not seen even during the global financial crisis in a sign of full capitulation amid a 'dire' economic outlook, says the survey

Despite losses, market trend shows positive sign for the coming week

BSESENSEX lost 721.06 points or 1.32 per cent to close at 53,760.78 points while NIFTY lost 171.40 points or 1.06 per cent to close at 16,049.20 points

CRISIL, Icra, CARE: Major hurdles yet to be conquered by rating agencies

Despite the 15 per cent rally on Wednesday, CARE Ratings still trades 38 per cent lower from its 52-week high; Similarly, CRISIL and ICRA too are down 14 per cent from their respective 52-week highs.

Sensex sinks 509 pts, Nifty holds 16,050 in across-the-board sell-off

CLOSING BELL: NTPC, Adani Ports, Bharti Airtel, Coal India, Hero Moto, and Bajaj Finance were the only gainers, up in the range of 0.08 per cent to 1.7 per cent

Price hikes likely to drive FMCG firms' revenue in April-June quarter

Commentary to watch out for from consumer companies includes rural demand, overall demand impact due to high commodity costs, and volume growth

FPIs raise the ante by driving up allocation to oil & gas, auto stocks

FPIs increased their allocations to the oil and gas sector by 44 bps and the power sector by 21 bps