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JP Morgan maintained its overweight rating on Dalmia Bharat with a target price of Rs 1845. Proposed acquisition at attractive valuations which will give Dalmia a pan-India footprint, it said.

In the NSE list of stocks, four stocks with a market cap of over Rs 100 crore are witnessing Golden Crossovers, according to stockedge.com’s technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average Continue Reading

​Leaving aside the short term movement which will always be difficult to predict I think just like we saw last week FMCG sector suddenly coming into the buying radar of the investors and stocks hitting 52-week high something like that can always happen to other sectors also and in which Continue Reading

Globally, the technical position of the markets post the Q3-22 weakness, was supportive of a bear market rally going in to Q4-22 driven by earnings commentary and economic data which though weakening, are yet not in recession territory.

Still, the inflation is way above the target levels, and the geopolitical situation is also unstable, so I would not be surprised if the volatility persists.

Demand from corporate travel remains robust and it continues to be the highest contributor to room nights sold. The contribution of the retail segment has also grown significantly. Going ahead, the management sees a significant improvement in consumer sentiment and expects Leisure and corporate travel to continue gaining traction.

We have collated stocks from various experts for traders who have a short-term trading horizon.

The stock bounced after a few days of consolidation and rose to a 52-week high. A rise in volume indicates that major market participants were in favour of the bulls. The key technical indicators are positively poised.

Country’s largest IT services exporter Tata Consultancy Services declined for the seventh straight day. Provisional data showed a marginal increase in net open interest in December as well as January contracts.

Badenoch will meet her counterpart minister of commerce and industry Piyush Goyal in person for the first time, aiming to strengthen ties between the two countries and reinvigorate talks on an ambitious bilateral trade deal. She will address both teams of senior negotiators ahead of the sixth round of formal Continue Reading