Tech analyst recommends buying HDFC Bank, Page Industries and selling IOC, ABFRL in today’s trade

Technical analyst Mitessh Thakkar of earningwaves.com shares these top stock picks for the day.

Technical analyst Mitessh Thakkar of earningwaves.com shares these top stock picks for the day.

According to brokerage firm Macquarie, the bank’s risk/reward ratio looks favorable, considering the potential growth and RoA trajectory.

Brokerage firm Macquarie believes Hyundai Motor India should trade at a higher price-to-earnings (PE) multiple compared to its peers, owing to its favourable portfolio mix and premium positioning.

Marketbuzz Podcast: All eyes are on Hyundai Motor India IPO listing today, with other stocks to track including Bajaj Finance, Zomato, Bajaj Housing Finance, and Mahindra Logistics. Tune in to the podcast for more cues

Post the September quarter results from MCX, UBS has raised its financial year 2025 and 2026 earnings estimates by 26% and 30% respectively.

Shares of Hyundai Motor India are currently priced at ₹2,008 in the unlisted market today. Despite the decline in GMP, the stock is still expected to see a modest debut on the bourses.

Barclays sees Amazon remaining a “threat” to UPS in the longer term, noting that the retail giant is the parcel company’s largest customer.

Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 24,781.10, while Sensex ended at 81,151.27.

The government continues to remain the largest shareholder in IRFC, with their stake remaining at 86.36%.

Shares in Australia, Japan, and South Korea all fell, while futures for benchmarks in Hong Kong pointed to losses. That’s after equities in the US dropped from nearly overbought levels, following a relentless advance to all-time highs.