IIFL Finance has made long bullish candlestick pattern on the daily charts with strong volumes, making higher high for fourth consecutive session. It has seen a breakout of horizontal resistance trend line adjoining multiple touchpoints - November 28, December 27, 2022, January 2, and January 13, 2023.

Brigade Enterprises, incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 10532.27 Crore) operating in Real Estate sector.

Motilal Oswal is bullish on Brigade Enterprises recommended buy rating on the stock with a target price of Rs 720 in its research report dated January 03, 2022.

Brigade Enterprises, incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 10581.84 Crore) operating in Real Estate sector.

A long bull candle was formed with a minor upper shadow on the daily chart, placed beside the long negative candle of the previous session. Technically, this pattern signals a counter attack of bulls after a sharp weakness.

"Among Nifty December month options, activity in calls far exceeds that of puts. Put OI is concentrated at ATM, and at psychological points of 17500 and 17000, which do not reflect a positioning bias. However, OI and activity along calls are spread across the near OTMs suggesting that traders have been trying to capitalize on the falling momentum by building shorts."

Barring FMCG, all sectors were trading in the negative. Among rate-sensitive sectors, Nifty Bank lost 0.37%, while Nifty Auto was down 0.75%. Nifty Realty was the top loser, as it lost 1.5%.

Brigade Enterprises, incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 11422.26 Crore) operating in Real Estate sector.

“Over the short term, the trend is likely to remain positive. On the higher end, resistance is pegged at 18,900-19,000, whereas supports are placed at 18,700/18,500,” Rupak De, Senior Technical Analyst at LKP Securities, said.

Motilal Oswal is bullish on Brigade Enterprises recommended buy rating on the stock with a target price of Rs 720 in its research report dated November 14, 2022.

ICICI Direct is bullish on Brigade Enterprises recommended buy rating on the stock with a target price of Rs 620 in its research report dated November 15, 2022.

Brigade Enterprises Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 11720.84 Crore) operating in Real Estate sector.

Brigade Enterprises Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 11714.75 Crore) operating in Real Estate sector.

With global supply chains continuing to face disruption and many global players facing raw material challenges, FOIL is beneficiary of strong procurement and inventory of raw material helping it meet customer requirements though at elevated prices, the brokerage said.

HCL Technologies, Wipro, National Standard (India), SW Solar, NxtDigital, Mangalam Industial Finance and Artson Engineering are among the companies that will announce their results for September 2022 quarter today.

Brigade Enterprises Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 11714.75 Crore) operating in Real Estate sector.

With global supply chains continuing to face disruption and many global players facing raw material challenges, FOIL is beneficiary of strong procurement and inventory of raw material helping it meet customer requirements though at elevated prices, the brokerage said.

HCL Technologies, Wipro, National Standard (India), SW Solar, NxtDigital, Mangalam Industial Finance and Artson Engineering are among the companies that will announce their results for September 2022 quarter today.

Brigade Enterprises Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 11714.75 Crore) operating in Real Estate sector.

With global supply chains continuing to face disruption and many global players facing raw material challenges, FOIL is beneficiary of strong procurement and inventory of raw material helping it meet customer requirements though at elevated prices, the brokerage said.

HCL Technologies, Wipro, National Standard (India), SW Solar, NxtDigital, Mangalam Industial Finance and Artson Engineering are among the companies that will announce their results for September 2022 quarter today.

MR Jaishankar will continue in his role as Director and Executive Chairman.

ICICI Securities is bullish on Brigade Enterprises has recommended buy rating on the stock with a target price of Rs 595 in its research report dated August 27, 2022.

Brigade Enterprises Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 11320.73 Crore) operating in Real Estate sector.

The Bengaluru residential real estate market is now on the cusp of a strong demand cycle, on the back of: a) strong hiring in the IT sector and rising count of global captives, b) salary increments for IT employees, and c) best-in-class affordability.

For the quarter ended June 30, 2022, the company has reported a consolidated total income of Rs 920.28 crore, down 4.61 per cent from last quarter total income of Rs 964.72 crore and up 135.05 per cent from last year same quarter total income of Rs 391.52 crore.

Nifty Realty index gained 2 percent as companies announce new projects, strong business momentum and favourable growth outlook

Brigade Enterprises Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 13006.28 Crore) operating in Real Estate sector.

The reality firm has signed a contract with the TVS Group's Mount Road property in Chennai for a 1 million sq ft of mixed-use development.

“If you look at the Indian economy, it is better placed on inflation than some of the major economies like the United States and Europe. We have seen RBI quickly raising rates, there have been curbs on exports; action taken to reduce taxes on fuel. All these things will help rein in inflation,” said Anish Shah, managing director of Mahindra & Mahindra.

ICICI Direct is bullish on Brigade Enterprises has recommended buy rating on the stock with a target price of Rs 595 in its research report dated August 04, 2022.

​​​ The RBI's decision to raise the benchmark lending rate by 50 basis points to 5.40 per cent will make home loans costlier, and thus reducing affordability of prospective homebuyers, they added. On the policy, realtors' body CREDAI President Harsh Vardhan Patodia said: "...we expect the repo rate hike to momentarily disrupt sales in the sector but given the positive sentiment of the homebuyers, the effect may not last long."

Federal Bank, ICICI Pru Life Insurance, Oberoi Realty among the stocks. With the Sensex and the Nifty reversing losses after the RBI decision, experts say the Nifty’s next stop could be 17,800. Banking and financial services, FMCG, IT, metal and pharma stocks supported the market.

Brigade Enterprises Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 11733.18 Crore) operating in Real Estate sector.

Brigade Enterprises Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 11744.71 Crore) operating in Real Estate sector.

Asian stocks opened in deep red on Tuesday on fresh geopolitical worries after US House Speaker Nancy Pelosi's potential visit to Taiwan sparked fresh tensions between China and the United States. MSCI's index of Asia-Pacific shares outside Japan was down by 1.49 per cent.

Adani Green, Siemens, Indus Towers, Bosch, Godrej Properties, Voltas, Deepak Nitrite, Thermax, Bank of India, Brigade Enterprises, Saregama and Shyam Metalik are among the companies that will announce their earnings for the quarter ended June 2022.

Trend of Action Construction Equipment is positive as it is trading above its important moving averages. Plus DI is trading above Minus DI while ADX line is placed above 25, indicating stock is likely to gather momentum in the coming days.

Shares of Bombay Oxygen Investments (Rs 20 per share), Brigade Enterprises (Rs 1.5 per share), DCM Shriram Industries (Re 0.5 per share), Deepak Nitrite (Rs 7 per share), Graphite India (Rs 10 per share), Kamdhenu (Re 1 per share), Sharda Cropchem (Rs 3 per share) and The Grob Tea Company (Rs 2 per share) are among the companies which will go ex-dividend today.

Brigade Enterprises Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 11086.85 Crore) operating in Real Estate sector.

Within the mid-cap arena, it chases absolute returns with a pure bottom-up approach. Its sizeable small-cap presence, compared to peers, is an outcome of this approach than design. After a stretch of weak performance (2018-20), the fund put in a strong show last year.

Net Sales are expected to increase by 148.4 percent Y-o-Y (up 0.9 percent Q-o-Q) to Rs. 951 crore, according to ICICI Direct.

Brigade Enterprises Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 10029.09 Crore) operating in Real Estate sector.

While the sales have seen some impact, some markets have continued to witness relatively good momentum. Cities like Bengaluru, Hyderabad, Chennai and Pune saw a downward trend, while Mumbai and NCR led the residential absorption. MMR recorded the highest sales of approx. 25,785 units in Q2 2022, followed by NCR with approx. 15,340 units.