"Going ahead, market would continue trading in a broader range with positive bias as resilient domestic economy provides strength, amidst uncertain global cues," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd
“We feel traders should maintain caution in stock selection citing overbought indications, especially in midcap and smallcap space,” said Ajit Mishra, SVP - Technical Research. Nykaa, TVS Motor Company, Route Mobile, Paytm among stocks to watch on Wednesday
Nykaa share price may see 55% more upside in the next twelve months, according to brokerage firm JM Financial. The brokerage has a ‘Buy’ rating on FSN E-Commerce Ventures, the parent company of Nykaa, and has set a target price of Rs 210 per share
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TVS Motor Company has officially announced the launch of the TVS Apache RTR 310 in India. The auto major has also unveiled an extended teaser, generating considerable anticipation for the forthcoming Apache RTR 310. The TVS Apache RTR 310 is scheduled to make its debut in India on Wednesday, September 6
Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Ltd, said that it has signed a Power Delivery Agreement (PDA) with Neosym Industry Ltd (Neosym). The agreement, it added, is for a 26 megawatt (MW) AC group captive solar plant. The project, located at Jamkhed, Ahmednagar in Maharashtra with an anticipated electricity generation capacity of 59 million units annually will start from March 2024
Shares of Bharat Bijlee, Bharat Rasayan, Haldyn Glass, Modis Navnirman, National Plastic Technologies, Route Mobile, Silchar Tech, Tribhovandas Bhimji Zaveri, Yuken India will trade ex-dividend on Wednesday, September 6
Billionaire Vijay Shekhar Sharma, the founder and CEO of Paytm said that he will look to raise his stake as Paytm approaches profitability. “There is never a day that I would not buy more equity in Paytm,” he told Bloomberg in an interview on Monday. “The single largest shareholder of Paytm is now an Indian, that is myself, and I believe this is definitely a key milestone,” he added
DLF has lined up a residential launch pipeline of close to Rs 20,000 crore spread across Gurugram, Panchkula, Chennai and Mumbai this fiscal
"After moving above the crucial hurdle of down sloping trend line at 19,450 levels on Monday, the Nifty continued its upside momentum on Tuesday, without disturbing an upside breakout of the resistance. Nifty is currently placed at another resistance of 19,600 levels and one may expect this to be taken out soon on the upside. The next upper levels to be watched around 19,800 and immediate support is placed at 19,450 levels," said Nagaraj Shetti, Technical Research Analyst, HDFC Securities
“Bank Nifty has witnessed a day of consolidation. It consolidated within a narrow range of 250 point range. Overall, we believe that this consolidation has come after a sharp run up which is likely to break out on the upside over the next few trading sessions. Momentum indicator has a positive crossover which is a buy signal. Thus, we can expect trending moves on the upside. On the upside we expect targets of 44,900–45,000 from a short-term perspective," said Jatin Gedia – Technical Research Analyst at Sharekhan by BNP Paribas
Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of Business Today. Investors should consult their financial advisors before taking any position.