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Marico shares fall 0.49% as Nifty drops

Updated at : 2024-01-01 14:20:02

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The stock quoted a 52-week high price of Rs 595.0 and a 52-week low of Rs 462.95.

Dinesh Kumar Khara says: “Normally we have been seeing that we are growing about 1% to 2% more than what the growth rate in the GDP is nominal growth rate. I expect that around 14-15% growth is something which we expect within the bank. We are on track for that and hopefully we will get to see these growth numbers at the end of the financial year too.”

These stocks are from sectors like pharma, healthcare, and auto. Here is a list of 9 smallcap stock ideas from top brokerages for your 2024 portfolio

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As of 30-Sep-2023, promoters held 25.49 per cent stake in the company, while FIIs held 41.65 per cent and domestic institutional investors had 10.74 per cent.

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The Relative Strength Index of the stock stood at 71.35 on Monday.

Aditya Arora says: “The high beta counters have been little overstretched and valuation is hitting the roof, Nifty Pharma index is looking pretty good and components of the same are looking pretty good. In 2024, pharma index can dominate the trend. So, my stock pick would be Granules, which could be bought at Rs 414; Rs 390 should be the stop loss and Rs 460 should be the target.”

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The number of bullish estimates is the sum of strong buy and buy calls from analysts covered by the forecaster data set

Vodafone Idea stock is currently trading above its 50-day and 200-day simple moving averages (SMAs). The price action has pulled the stock into an overbought zone with an RSI at 72, according to Trendlyne

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​The dollar index snapped a two-year winning streak to end about 2% lower in 2023, as growing expectations of a U.S. rate cut pressured the greenback

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