Reseñas

The government had earlier rolled out the draft blue economy policy in the public domain, inviting suggestions and inputs from various stakeholders. The senior official was speaking on the sidelines of a seminar on ‘Recent trends in space sector: New India’ organised by the Academy for Science, Technology and Communication, Continue Reading

Axis Securities is positive on KNR Constructions, PNC Infratech, RITES, KEC International, and PSP Projects to do well among infra stocks. These stocks have given returns in the range of 2.35-12.63% so far this year on a year-to-date (YTD) basis. KEC International has offered negative 1.52% returns this year.

ETMarkets.com found seven largecap stocks that have given at least 25% returns in each of the last 3 fiscal years, including the current FY23.

Amid impressive credit growth, banks remain the top pick of most brokerages despite the FII selling. On IT, however, many analysts have a cautious stance saying they expect more pain ahead due to global macro factors.

On Friday, Siyaram Silk’s shares were trading marginally higher in morning deals at Rs 538.90 on NSE. So far this year, the scrip has seen a flattish growth at the bourses. However, in the last one year, the stock has risen nearly 19%.

The Relative Strength Index (RSI) is at 60.7. RSI below 30 is considered oversold and above 70 is considered overbought, Trendlyne data showed. MACD is above its center and signal line, this is a bullish indicator.

​So my view is cautious because on every higher side we are facing a strong resistance. Coming towards the Bank Nifty, as of now till the time the Bank Nifty is holding its strength on the higher side it is facing a very strong resistance at around 42,800 to 42,600 Continue Reading

Global investment bank, Jefferies maintained its buy rating on HUL post Q3 results but slashed its target price to Rs 3100 from Rs 3150 earlier which still translates into an upside of about 17% from Rs 2650 recorded on 19 January.

The brokerage has remained positive on the stock but said a re-rating looks unlikely given premium valuations and likely disruption due to the entry of a large player. It has an accumulate rating on the stock with a target price of Rs 3326.

India VIX was down by 0.28% from 14.08 to 13.40 levels on Thursday. Volatility has been hovering at lower levels from the last nine weeks and supporting the bulls to hold the overall command. On the Options front, the maximum Call OI is placed at 19,000 and then towards 20,000 Continue Reading