Nifty 50 may rise 11-13% in next 12 months, cautious on midcaps, says Anand Rathi; Hero Moto, ICICI Bank among top picks

[ad_1] The medium to long-term outlook for the Indian stock market remains robust and the benchmark Nifty 50 index is expected to give around 11-13% returns in the next twelve months, analysts at brokerage firm Anand Rathi said. While the smallcap stocks are expected to outperform the brokerage firm remains more cautious on midcap stocks…

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Breakout stocks to buy: Max Estates to Strides Pharma — Sumeet Bagadia recommends five shares to buy today

[ad_1] Breakout stocks to buy or sell: The Indian stock market benchmark indices, Sensex and Nifty 50, opened higher on Wednesday following an upward momentum in global markets.  The Sensex opened 109.19 points, or 0.14%, higher at 79,065.22, while the Nifty 50 opened up 45.40 points, or 0.19% at 24,184.40. Gains were broad-based as the…

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Nifty Metal plunges 3% amid weak US and China manufacturing data; JSW Steel, Tata Steel lead decline

[ad_1] After a record-breaking performance in the previous trading session, Indian market struggled to maintain those gains today, with frontline indices losing over 1%. This decline was influenced by a sell-off in global peers, driven by weak US manufacturing and labor market data that reignited recessionary fears. Sector-wise, the metal sector was the hardest hit,…

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July Market Wrap: Nifty 50 advances for 2nd straight month, gains 4%; IT stocks outperform

[ad_1] The Indian market concluded July on a robust note, extending their winning streak to a second consecutive month. This positive momentum has been driven by significant sector rotation, which has played a pivotal role in sustaining the indices at elevated levels. Despite some volatility experienced after the budget—prompted by the government’s increase in capital…

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