GAGA Share Market News

[hfe_template id='11223'] [ad_1] Leading brokerage firms have recently shared their updated views on Saregama India, Bajaj Finserv, and Varun Beverages. Synopsis Mirae Asset Sharekhan remains optimistic about Saregama India, highlighting its content investment strategy and shift towards becoming an entertainment IP company, which strengthens its long-term resilience. Leading brokerage firms have shared their latest views on Saregama India, Bajaj Finserv, and Varun Beverages, highlighting potential growth opportunities and key strategic developments for the next 12 months.Mirae Asset Sharekhan remains positive on Saregama India, emphasizing its content investment strategy and transition into an entertainment IP company, which enhances its long-term resilience.Elara Securities continues to accumulate Varun ETMarkets.com Mar 18, 2025, 10:38:00 AM IST Gift ETPrime to your friends Gift a Subscription Now, gift ETPrime subscription to your friend for Free! Gift this Story to y...

[hfe_template id='11223'] [ad_1] Sensex recovered most of its losses to close marginally down in a volatile session on Tuesday even as private lender IndusInd Bank slumped 27 per cent and global markets declined on US recession worries. Stocks that were in focus include names like IndusInd Bank, which fell 27% and PC Jewellers, which gained 0.8% and Mold-Tek, whose shares gained 0.2% on Tuesday. Here's what Viral Chheda, Sr Analyst at SSJ Finance and Securities, recommends investors should do with these stocks when the market resumes trading today. IndusInd Bank After moving in the range of 926-1100 for the past 4 months, price has witnessed a steep correction to trade a four years low of 667 odd levels. In the current week stock has given a correction of almost 30% from its previous week closing level. Stock looks weak and we can see further dip till 600-550 odd levels. Live Events As the stock is facing more selling pressure we would recommend staying away from it ...

[hfe_template id='11223'] [ad_1] Shares of billionaire Mukesh Ambani-led Reliance Industries (RIL) have been under bear pressure, shedding 25% of its value since hitting a record high of Rs 1,608.95 on BSE on July 8. Investors have seen a staggering Rs 5.4 lakh crore vanish as foreign institutional investors (FII) sold the bluechip stock amid a retail slowdown and weak refining margins. The stock has underperformed Nifty by 10% since January 2024, fueling extreme pessimism. However, a glimmer of hope has emerged—RIL has rebounded 4% in the last two trading sessions, suggesting some bottom-fishing. But is this just a dead-cat bounce, or is the worst truly over? Pessimism at Extreme Levels Analysts at Jefferies believe the current valuation is overly bearish, noting that the market cap now implies an enterprise value of just $48 billion for RIL’s retail business, compared to $106 billion in its last funding round. “A combination of same-store sales growth and area addition...

[hfe_template id='11223'] [ad_1] With a strong residential pipeline, aggressive business development (BD) strategy, and a fortress balance sheet, Oberoi Realty stands out as domestic brokerage firm Elara Capital’s top pick in the real estate sector with a raised target price of Rs 2,500 (from Rs 2,350). Oberoi Realty has shifted gears, moving from a low-growth to a high-growth model, with new business development (BD) worth Rs 460 billion executed between FY23 and FY25 YTD, significantly bolstering its residential pipeline beyond Rs 1 trillion. Additionally, the potential acquisition of Sahara Group’s 106-acre Versova land could double its existing pipeline, reinforcing its expansion strategy. The company’s aggressive expansion spans across key micro-markets like Mulund, Worli, Thane, Goregaon, and Borivali, while also marking its first entry into Gurugram—a step toward multi-regional diversification. “The pace of expansion is likely to sustain on account of 1) high cash...

[hfe_template id='11223'] [ad_1] Indian benchmark equity indices opened higher on Thursday, driven by gains in financial and IT stocks, as optimism over a potential rate cut later this week to boost economic growth outweighed concerns about global trade uncertainty. At around 9:19 am, the BSE Sensex was up 151 points, or 0.19%, at 78,422, while the Nifty50 gained 34 points, or 0.14%, to trade at 23,730. "After a positive opening, Nifty can find support at 23,600 followed by 23,500 and 23,400. On the higher side, 23,800 can be an immediate resistance, followed by 23,900 and 24,000," said Hardik Matalia, Derivative Analyst at Choice Broking. “The market is moving into a consolidation phase on expectations of a pick up in growth in the coming quarters. In the near-term the market is likely to get a mild boost from a possible 25 bp rate cut by the MPC tomorrow. Even though steadily depreciating INR doesn’t provide a favourable macro backdrop for a rate cut, the MPC...

[hfe_template id='11223'] [ad_1] We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Synopsis Brokerage firms remain optimistic about Dalmia Bharat, KEI Industries, and Paytm despite sectoral challenges. Jefferies targets 17% upside for Dalmia Bharat, UBS sees 42% upside for KEI, and CITI expects 17% upside for Paytm, focusing on growth and market potential. Leading brokerage firms have shared their latest views on Dalmia Bharat Ltd, KEI Industries Ltd, and Paytm, maintaining a positive outlook on these companies despite sectoral challenges and recent market dynamics.While Jefferies and UBS highlight opportunities in the cement and industrial cable sectors, respectively, CITI underscores Paytm's strategic pivot towards growth and monetization.We have collated a list of recommendations from top ETMarkets.com Jan 22, 2025, 09:39:00 AM IST Gift A Story Share member-only stories with your friends or family and help them read ...

[hfe_template id='11223'] [ad_1] Technical indicators point to a bullish trend as the Nifty breaks out of a five-week consolidation, paving the way for an extended rally toward 25,200 in coming weeks, according to analysts. Stocks like Reliance, SBI, Infosys, L&T, Axis Bank, PFC, Titan, National Aluminium, Natco Pharma, MCX, CDSL, BSE, and Indian Hotels are poised for short-term upside, they added. Agencies DHARMESH SHAH HEAD OF TECHNICALS, ICICI SECURITIES Where is Nifty headed this week? On expected lines, Nifty logged a resolute breakout from fi ve weeks of consolidation (24,500-23,300) that augurs well for the extension of the ongoing up-move towards 25,200. Meanwhile, the follow-through strength in Bank Nifty post two months of consolidation breakout signifi es acceleration of upward momentum that makes us believe Bank Nifty would eventually challenge lifetime highs of 54,400. FIIs have turned positive during the week as they remained buyers on three out of fi...

[hfe_template id='11223'] [ad_1] With Sensex rallying 3,000 points in the previous two trading sessions amid optimism surrounding the outcome of the Maharashtra elections, there are over 40 stocks on which brokerages are betting on to capitalise on market recovery, driven by improving valuations, robust domestic flows, and hopes of capex revival. With Nifty being down around 8% from its September-end peak, analysts at JM Financial have shortlisted 39 stocks, while Jefferies and Goldman Sachs have identified 14 and 25 stocks, respectively. Jefferies says capitalize on cyclical downturns Jefferies has picked 14 stocks it believes are well-positioned for a short-term bounce-back. The brokerage emphasizes sectors like defense, aviation, and FMCG, supported by resilient domestic demand and easing valuation premiums.“A pick-up in govt. spending / capex in 2H, improved seasonality and somewhat better relative (to region) valuations mean that a potential short term bounce back i...

[hfe_template id='11223'] [ad_1] Rising for the second straight session, equity benchmark indices Sensex and Nifty closed higher on Tuesday, helped by fag-end buying in banking counters and a firm trend in global markets. Stocks that were in focus include names like Maruti Suzuki, which fell 4.16%, Cipla, which was down 1.6%, and Adani Ports, whose shares jumped nearly 2% on Tuesday. Here's what Viral Chheda, Sr Technical Analyst, SSJ Finance & Securities, recommends investors should do with these stocks when the market resumes trading today. Maruti Suzuki After making double bottom around 7900 in Mar 2023, price has given a sharp upside move to make an all time high of 13540. Price has given almost 71% returned from its lower level as buyers were having the upper hand over bears. In the last 25-30 weeks price has moved in range of 11500-13550 and in the current week with high volume price has breached the Distribution Phase and moving below the range we can see ...

[hfe_template id='11223'] [ad_1] The Indian market is likely to edge higher on Monday, tracking positive global cues. The Nifty futures closed negative, with losses of 0.97% at 24,215 levels on Friday. On the options front, the maximum Call OI is placed at 25,000, followed by the 24,500 strikes, while the maximum Put OI is at 23,500 and then at 24,000 strikes. Call writing is observed at the 24,300 and 24,200 strikes, while Put writing is seen at the 23,800 and 23,900 strikes. “Options data suggests a broader trading range between the 23,800 and 24,500 zones, with an immediate range between the 24,000 and 24,400 levels,” said Chandan Taparia, Head of Equity Derivatives & Technicals, Wealth Management, MOFSL. “Nifty formed a bearish candle on the daily chart on Friday and has been making lower highs for the last four sessions. It formed a bearish candle and experienced a breakdown on a weekly basis,” he added.“Now, as long as Nifty holds below the 24,250 zones, weakne...

[hfe_template id='11223'] [ad_1] Indian indices rebounded from the day's lows aided by private banks to end the session in the green as they broke their three-sessions losing streak. The 30-share BSE Sensex rose 218 points, or 0.27%, to settle at 81,224, while the broader Nifty climbed 104 points, or 0.42%, to close at 24,854. Commenting on the day's action, expert Rupak De of LKP Securities said that Nifty moved up sharply after pressing a panic bottom around 24,570 when it slipped below 24,700 level. "On the hourly chart, a positive divergence is visible on the RSI (14), indicating a shift toward positive price momentum. Immediate resistance is seen at 24,900, which previously acted as support. A decisive move above 24,900 could induce a short-term rally. The trend is likely to remain strong as long as the Nifty stays above 24,750," De said. Here are 2 stock recommendations for Monday: Buy Paradeep Phosphates at Rs 95.05 Target Price: Rs 105 Stop Loss...

[hfe_template id='11223'] [ad_1] Benchmark BSE Sensex jumped nearly 592 points while Nifty reclaimed the 25,000 level on Monday shares amid a firm trend in global markets. Stocks that were in focus include names like HDFC AMC, which gained 1.7%, HCL Tech, which jumped 1.2%, and Sterling and Wilson, whose shares rose 5% on Tuesday. Here's what Viral Chheda, Sr Technical Analyst at SSJ Finance & Securities, recommends investors should do with these stocks when the market resumes trading today. HDFC AMC After making double bottom around 1500 in Mar 2023, price has given a sharp upside move to make an all time high of 4546. Price has given almost 203% returned from its lower level as buyers were having the upper hand over bears. In the last 25-30 days price has moved in range of 4100-4550 and in the current week with high volume price has breached the Consolidation Phase and moving above that level we can see further upside from here. For the long term stock looks go...

[hfe_template id='11223'] [ad_1] Domestic markets slumped nearly 1% in a topsy-turvy trading session on Friday amid escalating tensions in West Asia and consistent FII outflows. Stocks that were in focus include names like M&M Financial, which fell 6.5%, Angel One, which declined 4.4%, and Vedanta, whose shares were down 0.49% on Friday. Here's what Pravesh Gour, Senior Technical Analyst at Swastika Investmart, recommends investors should do with these stocks when the market resumes trading today. M&M Financial The counter has witnessed lower lows and lower high formation on the daily chart. The Overall structure is distorted as it trades below its all-important moving averages (9, 20, 50-DMA) however it has a demand zone near 290 at 200-DMA. On the upside, 320 is an immediate susceptible area; above this, we can expect a run-up towards 330+ levels in the near term. DMart The counter has witnessed a breakdown of a long consolidation pattern on the daily chart...

[hfe_template id='11223'] [ad_1] Indian market is likely to trade higher on Tuesday tracking positive global cues. The Nifty future closed in green with a gain of 0.25% at 25,434 levels on Monday. India VIX was down 0.71% from 12.55 to 12.46 levels. On the options front, the maximum Call OI is placed at 26,000 and then towards 25,400 strikes while the maximum Put OI is placed at 25,000 and then towards 25,200 strikes. Call writing is seen at 26,000 and then towards 25,700 strikes while Put writing is seen at 25,400 and then towards 25,300 strikes. “Options data suggests a broader trading range in between 24,900 to 25,800 zones while an immediate range between 25,200 to 25,600 levels,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said. “Nifty formed a small-bodied bearish candle on the daily frame on Monday and has been forming higher lows from the last three trading sessions which indicates supports are shifting higher,” he said.“Now ...

[hfe_template id='11223'] [ad_1] Synopsis Once again mid cap stocks have been outperforming in the last few days. Even when Nifty and Sensex corrected, the mid cap stocks have been able to keep their head above water and the market breadth has been positive. This is happening as the “risk on trade” has once again started. While one cannot rule out more volatility, over the next few weeks, if there is a sustained resumption of positive FII flows, then we might see these mid cap stocks getting pushed even higher. So be bullish, just be more selective. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users. With every passing day, a number of sectors which were lying low for some time after election results are returning to action. While some profit booking correc...

[hfe_template id='11223'] [ad_1] Indian Railway Finance Corporation Share Price 195.85 04:14 PM | 9 Jul 2024 -6.18(-3.06%) One97 Communications Share Price 461.65 04:14 PM | 9 Jul 2024 -10.71(-2.27%) YES Bank Share Price 25.8 04:14 PM | 9 Jul 2024 0.13(0.47%) ITC Share Price 452.6 04:14 PM | 9 Jul 2024 9.0(2.03%) HDFC Bank Share Price 1636.5 04:14 PM | 9 Jul 2024 1.16(0.08%) Tata Motors Share Price 1014.95 03:59 PM | 9 Jul 2024 12.36(1.24%) Zomato Share Price 212.56 04:12 PM | 9 Jul 2024 4.63(2.23%) Adani Enterprises Share Price 3110.75 04:14 PM | 9 Jul 2024 -2.85(-0.1%) Infosys Share Price 1657.15 04:14 PM | 9 Jul 2024 -4.5(-0.28%) Reliance Industries Share Price 3180.55 04:14 PM | 9 Jul 2024 -21.25(-0.67%) Adani Power Share Price 724.95 04:14 PM | 9 Jul 2024 26.91(3.86%) Vedanta Share Price 465.65 04:12 PM | 9 Jul 2024 0.0(0.0%) Indian Renewable Energy Development Agency Share Price 240.53 04:12 PM | 9 Jul 2024 -5.85(-2.38%) NHPC Share Price 106.05 04:14 PM | 9 Jul 202...