Nifty valuations moderate from 2024 highs, Zomato among 10 top stock picks: Motilal Oswal
As Nifty valuations ease from their 2024 highs, Zomato, HDFC Bank, and Bharti Airtel have emerged as top 10 large-cap stock picks for 2025 from brokerage Motilal Oswal. With the Nifty’s price-to-earnings ratio adjusting from its peak, and the index ending the year with 9% returns, analysts believe the index is now better positioned for…
READ MORE
Raymond Lifestyle shares rally 3% as Motilal Oswal predicts 29% upside
Raymond Lifestyle (RLL) shares surged by 3.4% today to their high of Rs 2,089 on the BSE following an optimistic outlook from domestic brokerage firm Motilal Oswal, which projects a 29% upside potential in the stock as it gave a target price of Rs 3,000. The brokerage’s confidence stems from RLL’s renewed focus on growth…
READ MORE
Hot Stocks: Brokerages see 10-40% upside in Adani Ports, JSW Steel and KPIT Technologies
Leading brokerages have shared their latest recommendations on select stocks, highlighting strong growth potential and strategic initiatives driving future performance. JPMorgan has reaffirmed its Overweight stance on KPIT Technologies, citing transient challenges and robust long-term prospects in the EV and hybrid space. Bank of America (BoFA) remains optimistic about JSW Steel, underscoring its expansion plans…
READ MORE
RBL Bank shares down nearly 5% on ending credit card partnership with Bajaj Finance
RBL Bank shares skidded about 5% on Monday to Rs 147.55 on BSE after the private lender, along with Bajaj Finance, mutually decided to end their eight-year long partnership for co-branded credit cards. The private lender said in a statement on Friday that it would continue to service the existing portfolio of nearly 3.4 million…
READ MORE
IndiGo shares in focus ahead of Q2 results today
Shares of aviation major IndiGo will be in focus today as the company will announce its second quarter results on Friday. The airline is likely to report subdued numbers with the company likely slipping back into the losses in the second quarter ended September 2024. While Kotak Equities and Motilal Oswal peg the loss for…
READ MORE
These 6 stocks hit fresh 52-week highs, rallied up to 34% in a month – On A Roll!
IRFC Share Price 147.68 03:59 PM | 18 Oct 2024 -1.44(-0.97%) Suzlon Energy Share Price 72.19 03:59 PM | 18 Oct 2024 -0.83(-1.13%) IREDA Share Price 216.14 03:59 PM | 18 Oct 2024 -1.58(-0.73%) Tata Motors Share Price 910.15 03:59 PM | 18 Oct 2024 18.55(2.09%) YES Bank Share Price 21.09 03:59 PM | 18…
READ MORE
Angel One stock goes up another 5% after Q2 earnings
After rallying over 18% the previous day, shares of Angel One surged 5.3% to Rs 3,394 in Wednesday’s trade on BSE after the company on Tuesday reported its best-ever quarterly performance across key financial metrics in the three month period ended September 30, 2024. The domestic brokerage on Monday reported a consolidated net profit at…
READ MORE
F&O Radar| Deploy Bull Call Spread in Nifty to gain from bullish market stance
The Nifty Index opened positive above 25400 zones and after a slight slip in the initial hour, it rebuilt strength and touched the all-time high zones. It remained afloat in the second half of the session with consolidation at higher zones. It formed a Doji sort of candle on a daily frame and has been…
READ MORE
hdfc bank shares: HDFC Bank shares surge 3% post Q1 results. Should you buy, sell or hold?
HDFC Bank surged nearly 3% to Rs 1,650.7 in Monday’s trade on BSE after the country’s top private lender reported a standalone net profit of Rs 16,175 crore for the quarter ended June 30, 2024, which was up by 35% over Rs 11,952 crore reported by the bank in the year-ago period. However, it was…
READ MORE
Societe Generale, Morgan Stanley and others buy Zomato shares worth Rs 635 crore via block deals
Zomato witnessed a dozen block deals with a combined worth of Rs 635 crore on Tuesday where France’s Societe Generale was the top buyer at Rs 290 crore. Other prominent buyers were Goldman Sachs Investments (Mauritius) I Limited and Morgan Stanley Asia Singapore PTE who bought Zomato shares worth Rs 21 crore and Rs 10…
READ MORE