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2 top stock recommendations from Aditya Arora

Updated at : 2023-06-14 15:30:03

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​Now, earnings have caught up and crisis is behind us. Ukraine crisis is behind us. All the news is good. Bond market is pricing in a good economy going ahead. All the brokerage houses are saying that the times are good. Probability of recession is low. So, I think good times are ahead and we are in a very sweet spot .

Several mid-cap stocks have experienced a noteworthy rebound from their 52-week lows, indicating resilience and potential for future growth. This article explores the significance of stocks that have demonstrated the highest recovery rates, highlighting the factors driving their resurgence and offering insights for potential investors.

SBI Card shares down 0.43% as Nifty gains

Updated at : 2023-06-14 15:30:03

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The stock quoted a 52-week high price of Rs 1028.75 and low of Rs 656.1.

Scores of users took to social media to complain about the glitch. "Anyone facing issues with Zerodha, prices are not updating," said one user on Twitter. "Zerodha freeze, huge loss, what is happening is here," said another.

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A total of 6,278 shares changed hands on the counter till 02:08PM (IST).

Discover the top 10 Nifty 500 companies that are currently trading at a discount of 30% or more from their 52-week highs. This article provides valuable insights into these companies, their current stock prices, and the potential investment opportunities they present. Investors can leverage this information to make informed decisions and potentially benefit from market discounts.

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​A report by ICICIDirect highlighted 10 largecap stocks that saw the highest selling by mutual funds in May.​

Indian market is expected to trade higher on Wednesday. S&P BSE Sensex increased by more than 400 points whereas Nifty50 closed above 18700 levels on Tuesday. India VIX is down to 1.16%, from 11.24 to 11.11 levels. Minor Call writing is perceived at 18900 then 18800 strikes while meaningful Put writing is seen at 18700 then 18650 strikes.“Options data suggests a trading range in between 18500 to 18900 while an immediate trading range is between 18600 to 18800 zones.” Several stocks are recommended by experts for traders with a short-term trading horizon.

Canara Bank, Shankara Building Products, and Tata Chemicals shares have turned ex-dividend with respect to the dividends announced by the companies. Canara Bank approved a dividend of Rs 12 per share, Shankara Building Products declared Rs 2.5 per share dividend, and Tata Chemicals announced a dividend of Rs 17.50 per share. Shares of companies usually trade ex-dividend on the day or a day before the record date.

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The BSE Sensex was trading 13 points or 0.02% higher at 63,156. Nifty50 was trading at 18,723, up 7 points or 0.04% at around 9.23 am.

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