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Latest News

What to expect from Indian stock market in trade on June 20?
The Indian stock market is expected to open cautiously, with benchmark indices Sensex and Nifty 50 following mixed global cues. The Nifty 50 slipped 41.90 points to close at 23,516.00 on Wednesday, ending its five-day winning streak. Technically, the trend signals tiredness of bulls at highs, but no significant reversal pattern has been confirmed.
20 Jun 2024 | 08:34 AM
What to expect from Indian stock market in trade on June 20?
The Indian stock market is expected to open cautiously, with benchmark indices Sensex and Nifty 50 following mixed global cues. The Nifty 50 slipped 41.90 points to close at 23,516.00 on Wednesday, ending its five-day winning streak. Technically, the trend signals tiredness of bulls at highs, but no significant reversal pattern has been confirmed.
20 Jun 2024 | 08:34 AM
Macquarie sets SBI shares' lowest price target, projecting a 22% downside
Macquarie downgraded State Bank of India's shares to "underperform" from "neutral", expecting a 22% drop to ₹665 in 12 months, citing upcoming Expected Credit Loss regulations and falling Return on Assets and Equity. Despite this, 38 of 49 analysts have a "buy" rating, with some targeting ₹1,000+. SBI plans to raise ₹20,000 crore through long-term bonds in FY2025.
20 Jun 2024 | 08:59 AM
What should investors do with REC, Power Finance Corp and Motilal Oswal?
The Indian equity market reached a new high, with the Sensex closing at 77,337, while the Nifty retreated from its record high. Among stocks,📌REC fell 2.12%,📌PFC declined 1.72% &📌Motilal Oswal rose 4.05%. Technical analyst Riyank Arora recommends buying:
⏩REC with a potential upside of 8-10%.
⏩PFC with a favorable risk-reward ratio.
⏩Motilal Oswal with an upside potential above 722.00.
20 Jun 2024 | 08:53 AM
5 stocks to buy or sell on Thursday, June 20: Analysts
📌Buy SBI in cash at ₹852.60; Stop Loss at ₹828; Target Price at ₹905.
📌Buy Infosys in cash at ₹1,511.35; Stop Loss at ₹1,475; Target Price at ₹1,590.
📌Buy  Kotak Mahindra Bank at ₹1,744; Stop loss at ₹1,720; Target Price at 1,790.
📌Buy Adani Ports at ₹1,450; Stop loss at ₹1,420, and Target Price at ₹1,490.
📌Buy Carborundum Universal Ltd at ₹1,825;  Stop loss at ₹1,800; Target Price at ₹1,855
20 Jun 2024 | 08:40 AM