The Sensex closed with a gain of 295 points, or 0.37%, at 80,796.84, while the Nifty 50 settled at 24,461.15, up 114 points. The mid and small-cap segments strongly outperformed. The BSE Midcap jumped 1.45%, while the smallcap index climbed 1.23%. Top three stocks to buy today, recommended by Ankush Bajaj: Why it’s recommended: Stock…
Top three stocks to buy today, recommended by Ankush Bajaj ADANI PORTS (current price: â‚ą1,267) Why it’s recommended: The stock has given a good breakout and was able to close above the important level of â‚ą1,260. Also, on the hourly chart, the stock has given a bullish pennant breakout with RSI showing bullish momentum. Key…
HDFC Bank’s net interest margin (NIM) for the quarter ending March (Q4FY25) has expanded 2-3 basis points (bps) sequentially and year-on-year to 3.46% after excluding the interest income on income tax refund worth â‚ą700 crore. While this is praiseworthy, it will be interesting to see how the bank deals with the Reserve Bank of India’s…
Private lender Yes Bank share price will remain in focus in Monday’s trading session after the company announced its fourth quarter financial results on Saturday, April 19. Yes Bank share price closed 1.12 per cent higher at â‚ą18.07 on Friday, a day before the announcement. The stock has remained positive in past five trading sessions…
Two stock recommendations by MarketSmith India: Buy Lemon Tree Hotels Ltd. (current price: â‚ą140.71) Why it’s recommended: The start of the holiday season, enhanced operational efficiencies, strategic market diversification. Key metrics: P/E: 49.63, 52-week high: â‚ą162.40, volume: â‚ą88.60 crore. Technical analysis: Trendline breakout on the daily chart along with strong volume. Risk factors: Seasonality factor/cyclical…
View Full ImageSource: TradingView AB Infrabuild operates in the infrastructure and construction sector, which has seen robust growth due to government initiatives and increased spending on urban development projects. The company’s stock has delivered impressive returns, with a 113% gain over the past year, outperforming its sector peers. In the December quarter, AB Infrabuild reported…
It takes years to build trust, but just seconds to break it. No one knows this better than IndusInd Bank Ltd’s investors as they see the bank’s stock crumble amid back-to-back negative developments. On Monday, after market hours, the private sector lender informed the stock exchanges about discrepancies in its derivatives portfolio pertaining to transactions…
Read this | India’s market resilience faces a test as redemptions rise—will investors hold the line? Among sectoral indices, only Nifty Financials, Metal, and Banks managed to stay positive, while the rest ended in the red. The advance-decline ratio remained weak, with decliners outpacing advancers by nearly 5:1. Technical view Since breaking below 22,700, the…
Two stocks to buy, recommended by MarketSmith India â—Ź Muthoot Finance Ltd: Current market price â‚ą 2,317.8 | Buy range â‚ą 2,270–2,330 | Profit goal â‚ą 2,730 | Stop loss â‚ą 2,120 | Timeframe 2–3 Months â—Ź Sun Pharmaceutical Industries Ltd: Current market price â‚ą 1,746 | Buy range â‚ą 1,720–1,760 | Profit goal â‚ą…
Nifty 50 on 3 February: Recap On 3 February, Trump triggered a worldwide panic, and the knee-jerk reaction caught traders as well as investors by surprise before they got positive about the Budget cues. We had mentioned recently that historically, the last three budgets have resulted in a negative closing, and this came true on…
