Amit Trivedi, technical and derivative research analyst at YES Securities flags key levels to track on MCX India, Ather Energy and Welspun Corp; these stocks rallied up to 39% in August.
Chandan Taparia says that if Nifty crosses 24,100, we could see the index moving towards 24,200-24300. He has recommended buying Persistent Systems, Eternal, & Bajaj Auto shares for the short term
Low-growth companies will not find favour, and better visibility of stronger growth over the medium term becomes a prerequisite to lure global investors, said Emkay.
Stocks to buy today: Sachin Gupta of Choice Equity Broking has recommended three stocks to buy today - Jindal SAW, Electrosteel Castings, Adani Enterprises.
Gold-financers Muthoot Finance and Manappuram Finance saw a divergence in stock performance primarily due to stock re-rating, says Sunny Agrawal, Head of Fundamental Research at SBI Securities.
Pabitro Mukherjee of Bajaj Broking flags a bullish 'cup and handle' and 'falling trendline' breakout on these smallcap stocks Engineers India and Sagility on the charts.
Aditya Infotech shares have rallied 428 per cent from its IPO price of ₹675 per share. Meanwhile, on a year-to-date (YTD) basis, it has risen 132 per cent.
Given the prevailing combination of elevated crude prices, geopolitical uncertainty and weak market momentum, we recommend maintaining a cautious, stock-specific approach.
Hitesh Rathi, Technical Analyst at Angel One reckons that BSE and MCX have witnessed a notable correction in recent months, and the charts now hint at presence of strong support at these counters.
Investors should closely monitor domestic and global developments that could act as key catalysts in shaping the intermediate trend and accordingly adjust their strategies as market conditions evolve.
