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Buy Cyient DLM, target price Rs 870: Motilal Oswal

Updated at : 2023-10-17 12:10:01

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Cyient DLM Ltd. key Products/Revenue Segments include Printed Circuit Boards and Job Work for the year ending 31-Mar-2023.

Short-term traders can look to buy the stock on dips for a possible target of Rs 24000 in the next 3 months, suggest experts.

JFSL holds a 3.56% stake in RIL through its 100% subsidiary, Reliance Industrial Investments and Holdings Ltd (RIIHL), and another 2.54% stake through associates, where RIIHL is the sole beneficiary.

The Relative Strength Index of the stock stood at 49.3 on Tuesday.

Personal benchmarking to reach desired goals

Updated at : 2023-10-17 12:10:01

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The industry data would suggest that mutual fund investors are chasing performance, as the Small Cap and Sectoral/Thematic category of mutual funds have got the bulk of the inflows in FY24, so far.

The Nifty Bank index was trading 0.66 per cent up at 44518.4.

United Spirits shares up 0.99% as Nifty gains

Updated at : 2023-10-17 12:10:01

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A total of 16,302 shares changed hands on the counter till 10:56AM (IST).

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Cryptocurrency issuer Tether has frozen 32 crypto wallet addresses containing a combined $873,118 it said were linked to "terrorism and warfare" in Israel and Ukraine, the company said on Monday.

Ritu Arora, CEO & CIO Asia at Allianz Investment Management Singapore, believes that Indian markets may see further correction and provide better entry opportunities in the next 6-9 months. The recent market consolidation is due to factors such as rising interest rates in developed markets and a slowdown in global growth. However, Arora remains optimistic about the long-term growth potential of the Indian economy and markets. She prefers high-quality businesses with strong balance sheets.

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