Stocks to buy today: Data Patterns, Max Financial among ideas for long-term gains
Brokerage firms have shared their insights and recommendations on three prominent companies, highlighting potential investment opportunities for the next year. Nirmal Bang remains optimistic about Data Patterns, citing strong leadership and robust R&D capabilities, with an 18% upside potential. Jefferies has expressed confidence in PI Industries, despite a target price revision, emphasizing growth prospects driven…
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Planning to spot wealth creators in chemical space? PI Industries, Atul could give over 20% return each
Indiaβs chemical and petrochemical industry is charting a path towards becoming a global powerhouse, integral to the nationβs economic vision of a USD32 trillion economy. This ambitious journey hinges on a dynamic chemical sector, with manufacturing output projected to increase by an extraordinary 50 times, reaching USD6 trillion. This growth will be driven by strategic…
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Sensex, Nifty can fall up to 10% with bigger crash in smallcaps, warns Emkay
“We see the risk of an imminent 5-10% correction in the headline indices, with bigger drawdowns in small and midcap stocks. Nifty valuations are stretched at 21.4x 1YF PER, and a positive budget is now in the price. There are no additional positive catalysts, as we expect a tepid 1QFY25 earnings season with rate cuts…
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