Analyst suggests buying M&M & selling Angel One, Paytm, Zomato
On Tuesday, market tech analyst Mitessh Thakkar recommended these stocks for the short term.
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HSBC asks buying HPCL, BPCL, IOC shares after sharp fall; Here’s why
Brokerage firm HSBC said that the recent sharp correction has led Indian state-run OMCs to trade below their historical mean valuations.
Ridham Desai of Morgan Stanley says ‘no idea if market is at bottom’, but…
Ridham Desai of Morgan Stanley India also spoke about smallcaps and midcaps, who, according to him, have now come out of their valuation excesses. The Nifty Midcap index is down 20% from its peak, while the Smallcap index is down…
This Adani Group stock is a ‘consensus buy’ among analysts; check its recent price targets
Adani Ports has handled 408.7 MMT cargo volume in all of financial year 2025 till February. This is 7% more than it did in the previous financial year.
Supreme Industries signs MoU with Wavin India to acquire its India piping business
Simultaneous to the above acquisition, Supreme Industries will have exclusive access to all existing technologies from Wavin BV – Netherlands and other new technologies to be developed during a period of seven years for India and SAARC countries.
This PSU’s earnings may peak in FY25 and decline thereafter, Kotak Institutional Equities warns
Kotak Institutional Equities’ share price target on NMDC is also the lowest on the street for the stock.
More analysts convinced that BEL shares will hit new record highs
BEL received new orders worth ₹577 crore on March 6. Overall order inflow for FY25 now stands at ₹14,600 crore, compared with the guidance of ₹25,000 crore.
Oil extends drop as risk-off mood sends markets into tailspin
Brent crude dropped to near $69 a barrel after sliding 1.5% on Monday while West Texas Intermediate declined below $66.
GIFT Nifty indicates Indian equities likely to start with steep cuts post Wall Street sell-off
The overnight sell-off on Wall Street is a key trigger behind the potential gap-down beginning for our markets. The Dow Jones fell 900 points and also closed below its 200-Day Moving Average. The S&P 500 is now nearing “correction territory”,…
IndusInd Bank shares may fall to another 52-week low after further downgrades, target cuts
Analysts at brokerage firms believe the time line is discomforting—the CFO resigned just before the Q3 earnings, the CEO recently got a one-year extension instead of three and now a derivatives-induced dislocation.