Raymond stock outlook: Raymond has rallied 65 per cent in the last 3 months, and over 100 per cent in 7 months; the stock needs to break above Rs 3,173 for a further rally, suggests technical charts
The faith in the market is at epic levels and may require something equally epic to break the faith. High or even bubble valuations are irrelevant for non-institutional investors, said a KIE note
On the technical front, too, analysts remain bullish on the markets and suggest the Sensex is set to reach higher levels in the months ahead.
However, in case, the BSE Sensex is unable to break past the 76,275 level, we may enter a consolidation range, wherein the support at 72,240 becomes a crucial level.
Here's how leading foreign and domestic brokerages have interpreted the Lok Sabha 2024 election-related developments thus far, their poll outcome scenarios and market strategy
Equities offer the best potential for wealth building over the long term. Investors need to invest time and effort in acquiring skills to improve their stock selection, timing, money management skill
Shares of VIP Industries have under-performed its benchmark NSE 250, with a fall of nearly 29 per cent as against a rally of 67 per cent in the last 18 months.
Limited information and rich valuations are two key risks investors must watch out for
Stocks to Watch today, September 20, 2023: RR Kabel is set to debut at the stock exchanges on Wednesday, becoming the first entity to make a T+2 listing
Stocks to Watch today, September 18, 2023: L&T's Rs 10,000-crore buyback will open on Monday, September 18, at Rs 3,200 per share
The trend among stocks in oversold regions remains highly fragile and could see more downside ahead
Shares related to Chandrayaan-3 may rise up to 15 per cent in the upcoming sessions, as per their respective technical chart patterns
The Mid-cap index is displaying robust momentum, with price action headed towards 40,000-level.
Barring Varun Beverages that reached a new all-time high and Colgate Palmolive (India), other FMCG stocks trade fragile.
The current volatility in the benchmark indices offer the ideal opportunity to accumulate pharma stocks around their respective supports
Barring Adani Ports and Special Economic Zone, no other group company of Adani shows a favorable trend in the present technical structure,
Barring Cummins India, which did perform in the current year but the present structure shows sluggishness; all other stocks included in MSCI index are poised for the next bull-run.
Zee Entertainment hits fresh 52-week high post approval by NCLT
Trend in rate-sensitive stocks remains mixed, with stocks like Manappuram Finance, M&M and Union Bank of India showing resilient up move, while a few others display fragile outlook
Post Q1 results, major banking stocks have lost the upside bias. Most stocks are facing hurdles at upper levels.