Latest Stock Market News

Top Nifty50 stocks analysts suggest buying this week

Updated at : 2023-05-08 12:20:01

Rate this item

(1 Vote)

Earnings rating is calculated based on three factors - earnings surprises, estimate revisions and recommendation changes.

Rate this item

(1 Vote)

Weekly charts have formed an inverted hammerformation after five weeks of bullish closing.

VIX has been near a record low, silently boosting traders’ confidence, and has risen over 17% over the week, but it is not yet at a level that points to an outright collapse.

Rate this item

(1 Vote)

Promoters held 66.11 per cent stake in the company as of March 2023 quarter while FIIs owned 11.35 per cent, DIIs 6.58 per cent.

Despite the benchmark Sensex failing to give positive returns in the June quarter of the last three financial years, 26 BSE-listed companies have managed to deliver index-beating and multibagger returns. The companies include BLS International, Chemcrux Enterprises, Chennai Petroleum Corp, De Nora India, Elecon Engineering, Gokul Agro Resources, Imagicaaworld Entertainment, Jupiter Wagons, Mangalore Refinery and Petrochemicals, Salasar Techno, and Shree Renuka Sugars.

Rate this item

(1 Vote)

The Relative Strength Index of the stock stood at 82.13 on Monday.

The Futures Long Position scan conducted on May 5 revealed that six Nifty50 stocks signalled aggressive new long positions.

Rate this item

(1 Vote)

After the company reported strong January-March quarterly results, several top Indian and foreign brokerages took a view on the stock. Among foreign brokerages, Macquarie maintained an ‘outperform’ rating on the stock while Goldman Sachs took a ‘buy’ view. In the domestic pack Motilal Oswal has a ‘buy’ rating while Yes Securities has a ‘neutral’ stance on the counter.

Rate this item

(1 Vote)

Dabur India, incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 90289.07 Crore) operating in FMCG sector.

Ambuja Cements shares up 1.34% as Sensex rises

Updated at : 2023-05-08 11:20:01

Rate this item

(1 Vote)

A total of 99,640 shares changed hands on the counter till 10:36AM (IST)

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.