“The group’s four major businesses – auto, farm, Tech Mahindra and Mahindra Finance, are really in a very strong growth phase and will contribute a tremendous amount of growth to the group.We also have three listed entities which are growth gems — logistics, life spaces and holidays – and a Continue Reading
Options data suggests a shift in a trading range in between 17600 to 18300 zones while an immediate trading range in between 17700 to 18200 zones,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited.
We do expect the January effect to come into play and we expect the budget-linked sectors to rally. So in 2023, while the Indian markets might get dented by the global recession, they will not drown.
In view of strong deal wins, strong revenue guidance and a healthy margin outlook, it has maintained a buy rating on the sock with a revised target price of Rs 1,210, valuing the stock at an unrevised P/E multiple of 17x FY25E earnings.
For more such web stories click on the ET icon below
For more such web stories click on the ET icon below
Morgan Stanley maintained its overweight stance on Maruti Suzuki with a target of Rs 10,483. The global investment bank believes that the share price will rise relative to the country index over the next 30 days.
According to block deal data on the NSE, Alibaba.com sold 19.2 million shares at ₹536.95 apiece. While Morgan Stanley Asia bought 5.5 million shares, Ghisallo Master Fund acquired 4.98 million shares. The rest of the buyers were not known.
Infosys bagged large deals worth $ 3.3 billion for the third quarter, which was the highest in at least eight quarters. For HCL Tech, the figure was $ 2.4 billion in the December quarter, similar to the previous quarter and higher than $ 2.1 billion reported a year ago
The previous cancellation peak of 12.5 lakh was in January 2022. The average monthly discontinuation was 10.82 lakh in the past 12 months. The 12-month rolling return of the Sensex fell to a measly 0.5% in December compared with 2% a year before.
© 2024 trading-tutors.co | All Rights Reserved
Disclaimer: trading-tutors.co provides educational content, market insights, and tools to assist users in understanding financial markets. We do not provide direct trading services or guarantees of specific financial outcomes. Investing in financial markets involves risk, including the potential loss of capital. The information on this website is for informational purposes only and should not be interpreted as financial advice. Individual results may vary. It is recommended that you consult with a financial professional before making any investment decisions.
Risk Disclosure
Trading and investing in financial markets carry significant risk. Prices of financial instruments can change rapidly due to market conditions, economic events, or regulatory shifts. Past performance does not guarantee future results. Make sure you fully understand the risks and seek independent advice where appropriate.
Usage Restrictions
Unauthorized use, reproduction, or distribution of the content on this website without prior written permission from trading-tutors.co is prohibited.