A key observation is that whenever more than 75 per cent of stocks trade below a P/B multiple of 6, the index tends to be near a cyclical bottom
The buying came after the company entered into a development agreement for lands situate at Aram Nagar, Versova, Andheri West, Mumbai
Individually, GMDC shares gained 3.6 per cent on BSE, logging a day's high at ₹551.5 per share on BSE, and NMDC shares rose 1.6 per cent to touch an intra-day high at ₹78.81 per share
Individually, Andhra Cements shares hit 10 per cent upper circuit at ₹56 per share on BSE and Sagar Cements shares rose 1.9 per cent to touch intra-day high at ₹175 per share
Tensions in West Asia is expected to support sustained demand for defence equipment such as missiles, air-defence systems, surveillance technologies, and electronic warfare solutions, believes MOFSL
The selling on the counter came after Alkyl Amines informed that the West Asia conflict has led to disruptions in logistics networks, and international crude oil and petrochemicals supply chains.
Nifty 50 Index: A recent note by SAMCO Securities suggests that on an average the Nifty 50 index has bounced back by 3.4 per cent in the week after an over 5 per cent fall in the last 15 years.
The brokerage remains structurally positive on Hindalco, considering favourable LME, its strategic expansion aligned with a robust domestic outlook, and a strong balance sheet
Stocks to buy today: Shrikant Chouhan of Kotak Securities has recommended buying SBI and Jubilant Ingrevia; check analysis here
Fino Payments Bank shares slumped 19.5 per cent in trade on the BSE, touching an all-time low at ₹136 per share and hovering near its 20 per cent lower circuit
The brokerage said geopolitical uncertainty is beginning to weigh on Dabur's international business, particularly due to supply-chain disruptions around key shipping routes
The buying on the counter came after the company entered into a memorandum of understanding (MoU) with Advait Greenergy Pvt Ltd (AGPl) to jointly bid for and execute green hydrogen project tenders
The buying on the counter came after the company's board approved approved a further investment of up to $40 million in Inventurus Knowledge Solutions, Inc. (IKS Inc.)
Nomura's top picks include Britannia and Titan. It also prefers Marico, Tata Consumer, Godrej Consumer, Asian Paints and United Spirits
The brokerage noted that upstream players benefit from stronger realisations, while integrated players, such as Reliance, can be supported by stronger refining and petrochemical economics
Stocks to buy today: Osho Krishan of Angel One recommends buying these two power shares today; check target, stop-loss and other key details
Motilal Oswal has reiterated 'Buy' with a target of ₹1,750, noting that if current supply disruptions persist through the first half of FY27, there could be an 8.5 per cent upside to RIL's Ebitda
Shaily Engineering stock: According to the National Stock Exchange (NSE), bulk deal data Smallcap World bought 2,98,450 shares in Shaily Engineering Plastics at ₹1,878.41 per share
UBS has initiated coverage on Eureka Forbes with a 'Buy' rating and 12-month target price of ₹640, implying 44.6 per cent upside from current levels
ACME Solar's stock gained in a weak market after the company, through its various subsidiaries, commissioned 142.67 MW / 481.49 MWh of Battery Energy Storage System (BESS) in phase-1