60% of Nifty and 70% of Nifty500 stocks record ‘Death Cross’ on daily charts; a major selloff imminent? The Nifty50 might have turned negative for the year 2019, but almost 60% of the companies in the index are in a bear grip as they have registered formation of a ‘Death Cross’.
Buy Page Industries; target of Rs 22,914: Dolat Capital Dolat Capital is bullish on Page Industries has recommended buy rating on the stock with a target price of Rs 22,914 in its research report dated August 08, 2019.
Page Industries hits 52-week low on weak Q1 results; Credit Suisse cuts target Research house Ambit has cut target to Rs 17,000 from Rs 18,000 per share and also cut FY20/FY21 EPS estimates by 10 percent to factor growth deceleration.
Stocks in the news: Yes Bank, Nalco, Mahanagar Gas, Page Industries, Adani Transmission, Hexaware NBCC | Nalco | Mahanagar Gas | Page Industries | Adani Transmission | Hexaware Technologies and Engineers India are stocks which are in the news today.