Here are the three best stocks to buy today as recommended by Raja Venkatraman of NeoTrader for Wednesday, 2 April. ⢠Chalet Hotels: Buy above âš850 , stop âš825 target âš915-940 ⢠Medanta: Buy above âš1,235, stop âš1,210 target âš1,315-1,345 ⢠Poonawalla Fincorp: Buy at current market price and on dips to âš340, stop âš335,…
Gujarat Fluorochemicals Ltd: Current market price: âš 4,004.2 | Buy range: âš3,960â4,040 | Profit goal: âš4,850| Stop loss: âš 3,750| Timeframe: 2â3 months Nifty 50: How the benchmark index performed on 20 March Indiaâs benchmark index, Nifty 50, extended its winning streak to four consecutive sessions, reclaiming the 23,200 level on Thursay, 20 March. The…
Most stories were about companies supplying either goods or services to a government or a quasi-government entity, maybe for highways, railways, power, defence or something of that kind. This was not surprising, as for the last few years, Indiaâs economy has been running on a single engine of government expenditure. So naturally a lot of…
The Indian stock market has had a difficult few months. The NSE Nifty 50 Index declined for 10 straight days recentlyâan unusually sustained dip. Policymakers in New Delhi tend to maintain a lordly indifference to turbulence in equities. But, on this occasion, they need to pay closer attention. Americaâs whipsawing tariff policies might have unsettled…
Late in August, when the stock marketâs bull run was close to its peak, the initial public offer (IPO) of a two-wheeler dealer with a handful of employees managed to attract bids worth 400 times the amount of capital it sought to raise. That was the level of enthusiasm back then among investors, who were…
As Justyn Walsh writes in Investing with Keynes: âKeynesâ most famous example of the âfallacy of compositionâ was the so-called Paradox of Thriftâwhich notes that saving is good for the individual, but if all individuals increase their savings then aggregate demand will fall, eventually leading to lower savings for the population as a whole.” Also…
