With a strong residential pipeline, aggressive business development (BD) strategy, and a fortress balance sheet, Oberoi Realty stands out as domestic brokerage firm Elara Capitalβs top pick in the real estate sector with a raised target price of Rs 2,500 (from Rs 2,350). Oberoi Realty has shifted gears, moving from a low-growth to a high-growth…
READ MOREIndian benchmark equity indices opened higher on Thursday, driven by gains in financial and IT stocks, as optimism over a potential rate cut later this week to boost economic growth outweighed concerns about global trade uncertainty. At around 9:19 am, the BSE Sensex was up 151 points, or 0.19%, at 78,422, while the Nifty50 gained…
READ MOREMorgan Stanley remains bullish on Maruti Suzuki (target: Rs 14,942, upside 13%) amid strong export demand. Synopsis Goldman Sachs sees Adani Ports’ correction as a buying opportunity (target: Rs 1,560, upside 43%). Jefferies maintains Buy on LIC Housing Finance (target: Rs 700, upside 25%) despite rate cut risks. Morgan Stanley remains bullish on Maruti Suzuki…
READ MOREWe have collated a list of recommendations from top brokerage firms from ETNow and other sources: Synopsis Brokerage firms remain optimistic about Dalmia Bharat, KEI Industries, and Paytm despite sectoral challenges. Jefferies targets 17% upside for Dalmia Bharat, UBS sees 42% upside for KEI, and CITI expects 17% upside for Paytm, focusing on growth and…
READ MORETechnical indicators point to a bullish trend as the Nifty breaks out of a five-week consolidation, paving the way for an extended rally toward 25,200 in coming weeks, according to analysts. Stocks like Reliance, SBI, Infosys, L&T, Axis Bank, PFC, Titan, National Aluminium, Natco Pharma, MCX, CDSL, BSE, and Indian Hotels are poised for short-term…
READ MOREFMCG’s reputation as a defensive sector has received some serious hammering with stocks falling by up to 21% in the last three months amid muted Q2FY25 earnings, nagging inflation and slowdown in demand. Experts recommend caution going ahead as they pick their top stocks to buy. At the index level, Nifty FMCG has declined nearly…
READ MOREWith Sensex rallying 3,000 points in the previous two trading sessions amid optimism surrounding the outcome of the Maharashtra elections, there are over 40 stocks on which brokerages are betting on to capitalise on market recovery, driven by improving valuations, robust domestic flows, and hopes of capex revival. With Nifty being down around 8% from…
READ MORERising for the second straight session, equity benchmark indices Sensex and Nifty closed higher on Tuesday, helped by fag-end buying in banking counters and a firm trend in global markets. Stocks that were in focus include names like Maruti Suzuki, which fell 4.16%, Cipla, which was down 1.6%, and Adani Ports, whose shares jumped nearly…
READ MOREThe Indian market is likely to edge higher on Monday, tracking positive global cues. The Nifty futures closed negative, with losses of 0.97% at 24,215 levels on Friday. On the options front, the maximum Call OI is placed at 25,000, followed by the 24,500 strikes, while the maximum Put OI is at 23,500 and then…
READ MOREIndian indices rebounded from the day’s lows aided by private banks to end the session in the green as they broke their three-sessions losing streak. The 30-share BSE Sensex rose 218 points, or 0.27%, to settle at 81,224, while the broader Nifty climbed 104 points, or 0.42%, to close at 24,854. Commenting on the day’s…
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