The sharp correction triggered by the Iran-US conflict, rising crude prices, and renewed earnings uncertainty has prompted brokerages to identify nearly 80 stocks across sectors as value opportunities over the next 12 months, even as near-term risks remain elevated. The broader market has corrected about 8-10% since the onset of the conflict, with deeper cuts…
JM Financial on Brigade Enterprises: Buy| Target Rs 1020| LTP Rs 873| Potential Upside 16% JM Financial has maintained a Buy rating on Brigade Enterprises with a target price of ₹1,020, implying a potential upside of 16% from the current market price of ₹873. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are…
Indian equity benchmarks started on a strong note during the special one-hour Muhurat trading session on Tuesday but pared gains by the close. Both the Nifty and Sensex touched fresh 52-week highs during the session, though the early optimism faded later. The 30-share BSE Sensex ended 63 points, or 0.07%, higher at 84,426, while the…
Antique on Oberoi Realty: Buy| Target Rs 2269| LTP Rs 1640| Upside 38% Antique on Oberoi Realty: The brokerage issued a Buy call with a target of Rs 2,269, offering a potential upside of 38% from the last traded price of Rs 1,640. (Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own….
While the Iran-Israel conflict may have made stock market outlook wobbly in the near term, all past dips eventually get bought into, creating crisis opportunities for long-term investors. Top performing PMS fund managers have made sizable bets on stocks like Precision Camshafts, Hitachi Energy India, and Nuvama Wealth Management as geopolitical fears create entry points…
AnandRathi on MM Forgings: Buy| Target Rs 480| LTP Rs 386| Upside 24% AnandRathi has recommended a Buy on MM Forgings, assigning a target price of Rs 480, which implies a 24% upside from the current market price of Rs 386 (Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do…
Indian markets managed to end with gains on Thursday notwithstanding a monthly expiry. IT, auto and bank stocks lifted the markets but the winners were metal stocks. Nifty witnessed a volatile session even as the momentum continues to remain weak. Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities said that…
Stop Loss: Rs 230 Target: Rs 260Housing & Urban Development Corporation Ltd has broken out of an ascending triangle pattern on the daily chart, a bullish setup backed by strong volume, which indicates growing buying interest. The stock is currently hovering near its recent swing highs, with both the fast and slow EMAs moving upward,…
Indian frontline indices ended with strong gains on Monday reacting to the ceasefire between India and Pakistan on Saturday along with a tariff truce between the US and China where both countries agreed to significantly ease their tit-for-tat tariffs for a 90-day period. While the BSE Sensex surged 2975.43 points or 3.74% to close at…
Nuvama on Godrej Consumer: Buy| Target price Rs 1,460| LTP Rs 1247| Upside 17% Nuvama has reiterated a Buy rating on Godrej Consumer Products Ltd (GCPL) with a target price of Rs 1,460, indicating a potential upside of 17% from the current market price of Rs 1,247. (Disclaimer: Recommendations, suggestions, views, and opinions given by…