Valuations across IT services are currently reasonable, but a sector-wide re-rating depends on the next tech cycle and earnings upgrades
Technical stock picks: Supreme Industries, Ashok Leyland, and Torrent Power are the stock picks by Kruti Shah, quant analyst, Equirus Securities
Sammaan Capital has shown impressive strength since the beginning of September and, in the latest week, has confirmed a bullish reversal breakout from an Inverse Head and Shoulders pattern
Tata Steel has given a breakout above its resistance zone, confirming a bullish trend, while ABREL has given a breakout from its recent range‐bound movement, signaling the start of an uptrend
Paras Defence, Midhani were seen trading above the super trend line hurdle on the daily chart, thus implying a likely positive trend going ahead.
The much-awaited upward momentum for the Nifty index is likely to be confirmed only with a move above 25,000, HDFC Securities' Vinay Rajani said
Affle 3i, Raymond Lifestyle and Devyani International are the top technical picks for Kunal Kamble of Bonanza Portfolio
Markets edged higher and gained over half a percent, supported by optimism surrounding the GST Council meeting.
Apollo Tyres has given a breakout from its Inverse Head and Shoulders pattern. The stock closed with a positive bias on higher volumes, indicating strong buying interest.
Gold outlook: Spot gold continues to find robust support from a confluence of macroeconomic factors, chief among them being the rapidly deteriorating fiscal landscape in major economies.
Nifty failed to surpass the nearest resistance of its 5-day DEMA (24613) on a closing basis. However, the fall from the highs is not a definitive sign that the bullish momentum has completely faded.
Performance of Aegis Logistics was marginally below our expectation on volume and profitability front in Q1FY26.
Indian Hotels is aggressively expanding its presence in India's hospitality sector through its 'Accelerate 2030' roadmap, targeting growth in the midscale segment.
Hindalco share price: With steady quality, value, and momentum, Hindalco share presents a consistent and resilient investment choice.
Blue Star stock has demonstrated a robust move in the last couple of trading weeks and has witnessed a 'Cup and Handle' pattern breakout on the daily chart.
Here is a Bear spread strategy for CDSL stock for Sept expiry, by Nandish Shah of HDFC Securities. Know entry price, breakeven, max profit, margin required, and technical outlook on CDSL stock
OLA Electric has witnessed strong volume buying at lower levels and has given a breakout of its falling trendline, signaling the beginning of a bullish trend, said Kunal Kamble of Bonanza
Till Nifty holds below 24,850 zones weakness could be seen towards 24,650 then 24,500 zones while hurdles can be seen at 24,850 then 25,000 zones.
On the monthly chart, Aditya Birla Capital stock has registered a breakout after a prolonged seven-year consolidation phase, often signaling the onset of a strong directional move
Praveen Singh, head of currencies and commodities at Mirae Asset Sharekhan, recommends buying on dips rather than chasing the rally. He also advises closely monitoring the geopolitical situation