Recommendations Financial News

Pashupati Advani, Founder, Global Foray, says “the question is whether our IT is able to actually pivot and take advantage of that. I think in some cases, they will take some advantage which is why it is not going to fall off a cliff. But I think that the business models are becoming more difficult and a lot of jobs are going back to the countries where the work is getting done just as a way of protectionism which seems to be happening all over the world. ” How do you see this MPC meet? Do you expect it to be a big event? What are your expectations from the MPC meeting? The world wants to keep rates where they are and start pulling them down. We do not have an indication of that yet. But I think this MPC meeting will just basically say nothing. I think they are not really going to change rates this time, that is my humble assumption.

Pidilite Industries Ltd. rose 1.59 per cent to Rs 2616.55 in Thursday's trade as of 10:10AM (IST) even as the benchmark Nifty ruled at 20870.9, down 66.8 points. The scrip had closed at Rs 2575.4 in the previous session.

HDFC Bank and Sun Pharma as well as on HUL. Meanwhile, Morgan Stanley recommended an Equalweight rating on Paytm. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Macquarie on HDFC Bank: Outperform| Target Rs 2110 Macquarie maintained an outperform rating on HDFC Bank with a target price of Rs 2110.

Delta Corp, Indiabulls Housing Finance, The India Cements, Steel Authority of India (SAIL) and Zee Entertainment Enterprises (ZEEL). The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%. Traders who trade in indices do not encounter a situation of security ban.

ANI, the discussion on the "Economic Situation in the country", raised by Trinamool Congress MP Derek O'Brien on Dec 5, will continue in the Rajya Sabha today Additionally, BJP MPs Anil Jain and Neeraj Shekhar are to present the 249th and 250th reports (in English and Hindi) of the Department-related Parliamentary Standing Committee on Home Affairs in the Rajya Sabha. BJP MP Chhedi Paswan to lay the Statements of the Committee on the Welfare of Scheduled Castes and Scheduled Tribes (2023-24).

Day trading guide for today: Following strong global market cues on rate cut buzz in near term, key benchmark indices of Indian stock market scaled new highs on Wednesday. Nifty 50 index climbed to a new peak of 20,961 levels, BSE Sensex touched new life-time high of 69,744 whereas Bank Nifty index hit a new high of 47,259. In broad market, small-cap index added 0.18 per cent while mid-cap index touched a new peak of 35,245.

Top Stocks To Buy Or Sell On 7th December | Vaisha... moreTop Stocks To Buy Or Sell On 7th December | Vaishali Parekh's Recommendations | Market Set Up

Top Stocks To Buy Or Sell On 6th December | Vaisha... moreTop Stocks To Buy Or Sell On 6th December | Vaishali Parekh's Recommendations | Market Set Up

Stocks that were in focus include names like Angel One, which rose 6.67%, Sobha, which fell 1.2%, and Tata Chemicals, whose shares increased 3% on Wednesday. Here's what Riyank Arora, Technical Analyst at Mehta Equities, recommends investors should do with these stocks when the market resumes trading today. Angel One — Bullish The stock is trading in a rising wedge pattern and is consistently seen to be making higher highs and higher lows. With the overall trend being positive it is expected that Angel One should touch the 3300 mark.

By Idrees Ali

stock market opens on Thursday (December 7). Asit C Mehta Financial Services Ltd: The Board of Directors of Asit C Mehta Financial Services at a meeting held on December 1 approved the Rights Issue. Also Read: SAIL, ZEEL, Delta Corp, 2 other shares placed under F&O ban list for today In an exchange filing, the company said: “Fixed record date for the purpose of determining the shareholders who will be eligible to apply for the issue as Thursday, December 7, 2023 (Record Date)." Also Read: FPI equity assets at 22-month high, overcoming October setback The board has decided and fixed ₹4,987.60 lakh as the Right Issue size, said the company.

By David Shepardson

For a CEO and founder of a money management company, Taylor Kovar sounds surprisingly  uninterested in money. As the leader of Kovar Wealth Management, it’s not that he doesn’t care about financial matters; it’s just that Kovar cares more about what money means, especially in marriages.  

New Mexico's attorney general is suing the parent company of Facebook and Instagram claiming it failed to protect underage users from exposure to child sexual abuse material and let adults solicit pornographic imagery from them

Sectorally, buying was seen in utilities, power, oil & gas, IT and capital goods while healthcare, telecom, banks, and realty sector saw some selling pressure. Stocks that were in focus include names like Adani Total Gas which rose by about 20%, Angel One which was up over 6% and Hindustan Aeronautics which closed with gains of over 6% on Wednesday. We have collated a list of three stocks that either hit a fresh 52-week high, or an all-time high or saw a volume or a price breakout. We spoke to an analyst on how one should look at these stocks the next trading day entirely from an educational point of view: Here’s what Kush Ghodasara, CMT (SEBI RA: INH000002137), has to say Adani Total Gas The stock has been trading in a tight range for a while but now it broke out from the consolidation with heavy volumes and has managed to close above 200-day average of 718. Now indicators are in an overbought zone and we could still buy the stock on dips for a target of Rs 1450 and a stop loss can be placed below Rs 720 on closing basis. Angel One The stock has been known to be on a dream run since the low it made in April, and it has posted 3 times returns in a short span. It has been taking continuous support near the 10-day average and indicators are still indicating some momentum.

All-wheel drive is great

On the allotment date, investors get to know about the number of shares allotted to them as against the bids made. Here's how you can check the status on BSE: Step 1: Visit the BSE Website Step 2: Please select the issue name, that is the company's name in the drop-down list. Step 3: Enter the application number or PAN number to check the allotment status. The allotment status can also be checked by visiting the official website of the registrar to the issue which is Bigshare Services in this case. Step 1: Visit the IPO Allotment Status page on Bigshare Services website Step 2: Select IPO from the dropdown Step 3: Put Application No. and enter captcha and 'Submit'. The IPO of Net Avenue Technologies was subscribed over 500 times.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

Bajaj Auto has witnessed a remarkable 70% rally in its share price this year so far, marking the best yearly performance since 2009. This stellar performance can be attributed to a surge in domestic sales, sequential improvement in exports, strong growth in the 125cc+ bike segment, a significant rise in Triumph sales, and strong financial performance. On November 28, the stock achieved a significant milestone by surpassing the ₹6,000 mark and has since maintained its upward trajectory, reaching an all-time high of ₹6,217 apiece during Monday's trade.

Reliance Industries as its largest exposure in Indian stocks with a 4.5 percent weightage, followed by ICICI Bank (3.5 percent), Godrej (2.5 percent), Axis Bank (2.5 percent), Mahindra & Mahindra (2.5 percent), Larsen & Toubro (1.5 percent), UNO Minda (1.5 percent), and Fortis (0.5 percent). Nomura also outlined the potential risks for the Indian stock market in 2024 from the China rotation and stretched government finances leading to populism, higher taxes, and lower government capex.