Expect volatility over next 2 quarters in IT but there’s light at the end of the tunnel: Siddharth Khemka
“China reopening is a big theme for the global commodity prices and demand which could lead to some support for the metal stocks specifically. If you look at some of the base metal prices, they have been hitting three month, six month highs. ”
Trade Spotlight | What should you do with Oberoi Realty, Jindal Steel & Power, Equitas Small Finance Bank on Thursday?
Jindal Steel & Power shares rallied 4 percent to Rs 535.75, the highest closing level since April 29 this year, and formed bullish Engulfing kind of pattern on the daily charts with strong volumes. The stock has seen a breakout of long downward sloping resistance trend line adjoining April 11 and November 23 this year.
Hot Stocks: Brokerages view on Home First, Tata Motors, Oberoi Realty, Tata Elxsi & cement stocks
Global brokerage firm Morgan Stanley have shared its view on a number of stocks including Tata Motors, Tata Elxsi and Oberoi Realty. Another foregin broker has initiated its coverage on Home First Finance with a ‘buy tag.
Oberoi Realty tumbles over 7% following Q2 results
As compared with the first quarter of FY23, the company's net profit and revenue were lower by 20.95% and 24.59%, respectively. EBITDA was at Rs 333.64 crore for the second quarter of FY23 as compared with Rs 513.87 crore for the first quarter of FY23.
SGX Nifty up 320 points; here's what changed for market while you were sleeping
Asian shares tracked Wall Street higher on Friday, although gains could quickly unwind as investors grapple with the reality that surging U.S. inflation will likely lead to higher interest rates for longer, hastening a global recession. MSCI's index of Asia-Pacific shares outside Japan was trading 2.45 per cent higher.
Corporate Radar: Veeram Securities to trade ex-bonus, Bajaj Auto, Tata Elxsi earnings & more
The board meeting of Sukhjit Starch and Chemicals is also scheduled for Friday to consider and approve the sale/transfer of land, buildings and other fixed assets at Phagwara. Moreover, the RR Metalmakers will consider a preferential issue of shares.
Stocks in the news: Bajaj Auto, Infosys, HDFC Life, AR Wealth, MindTree and BHEL
Bajaj Auto, Shree Cement, Tata Elxsi, Oberoi Realty, Federal Bank, Just Dial, Spandana Sphoorty Financial, PLastiblends and Moneyboxx Finance are among the companies that will announce their results for September 2022 quarter today.
Want to bet on the festive theme? Bet on these 2 stocks: Sudip Bandyopadhyay
“A lot of consumer spending is going to happen over the next three-four months which is Dussehra, Diwali, Christmas and the entire festive marriage season. I would probably go and bet on Trent. I think this is one stock where there is a lot of opportunity for appreciation. The second company which I will bet on is the tried and tested Titan.”
Hot Stocks | Here's why you should bet on Cipla and Oberoi Realty, sell Tata Motors for short term
Cipla on the daily chart has formed a strong rounding base formation and is on the verge of a breakout. The F&O data, too, suggest the building of fresh long positions with the rise in price and rise in open interest.
Bet on these 2 stocks for up to 10% returns as Nifty likely to hit 18,000-18,100 in short term
Oberoi Realty has given a strong breakout from the falling trend line with a surge in volumes on the daily chart, while Ashok Leyland has witnessed strong volumes in the cash market and long built-up positions in F&O
Morgan Stanley on realty stocks & Credit Suisse on telecom sector
Morgan Stanley remained overweight on Prestige Estates Projects with a target price of Rs 612, hinting towards a 38 per cent upside in the counter. "The company continues to expand and monetize its residential and rental portfolios. June quarter operations were underlined by continued momentum in pre-sales and new launches," it said.