Stocks to Watch: The finance ministry may amend its circular to provide relief to Infosys regarding a Rs 30,000 crore GST demand.
Stocks to Watch: Indian markets were likely to start on a positive note on Monday, as indicated by GIFT Nifty futures that were at 25,900, around 150 points ahead of Nifty futures' last close.
Stocks to Watch: Nykaa has increased its same and next-day delivery capabilities to 110 cities, with 60 per cent of the orders fulfilled within one day.
NTPC has filed for an IPO of its green energy arm, NTPC Green Energy Ltd, with an aim to raise approximately $1.2 billion (Rs 10,000 crore).
Stocks to buy today: The stock of Hero MotoCorp has given a range breakout on daily scale with noticeable volumes
ICICI Prudential has formed an Ascending Triangle with a Breakout near the ATH Price on daily chart indicating buyers are squeezing out the sellers and are ready for a bullish move
Between March 2023 and June 2024, Hikal Limited's stock was in a consolidation phase, trading within a relatively narrow range of Rs 260 to Rs 320
Technical Outlook: RECL, PFC can potentially rally up to 17 per cent from here on; while Birlasoft and LTIMindtree may witness a sharp fall, suggests technical charts.
Promoter entity of Interglobe Aviation, The Chinkerpoo Family Trust sold a 5.24 per cent stake in IndiGo, for a total of Rs 9,549 crore.
Here's a technical outlook on some of the key stocks owned by ace investor Radhakishan Damani.
JM Financial on real estate stocks: Driven by an exceptional performance in financial year 2023-24 (FY24), brokerage firm JM Financial has initiated coverage of the real estate sector
Technical charts suggests that Ramkrishna Forgings, Balkrishna Industries and KIMS can potentially rally up to 16 per cent from present levels; check key support, resistance levels here
Hindalco, Coal India, among four metal and mining stocks recommended by Axis Securities
UBS reckons the market is not fully appreciating Shyam Metalics' integrated operations
Nifty may pause around 24,850 before moving towards the 25,000 level. In the event of a dip, we expect the index to find support in the 24,450-24,600 zone
Stocks to watch on August 21: General Atlantic Singapore Fund FII Pte plans to divest a 5.1 per cent equity stake in PNB Housing Finance through a block deal, with a floor price of Rs 775 per share
Apollo Tyres has retested its breakout level on the daily chart with higher than average buying volumes indicating bullish sentiment
UBS is bullish on Polycab India on the back of better-than-expected domestic volume growth, domestic market share gains, and a distribution-led export business model
In general stocks trading above the key moving averages such as the 20-, 50-, 100- and 200-DMAs are considered trading with a bullish bias and vice versa.
Nestle India and Lodha (Macrotech Developers) are among the top stock recommendations of Jigar S Patel of Anand Rathi