Latest Stock Market News

Morgan Stanley maintained an overweight rating on ICICI Bank with a target price of Rs 1250. The global investment bank sees further room to improve market share in higher-margin segments.

2022 was impacted by FII selling, Russia Ukraine war, high inflation, and a sharp increase in interest rates. We believe that inflation has mostly peaked and the pace of interest rate hikes will be lower in the coming months.

The Indian market has opened on a weak note today. We have collated stocks from various experts for traders who have a short-term trading horizon

We always have been following QGLP philosophy of buying high-quality companies with high growth and longevity at reasonable prices. So, our strategy has always been three-pronged.

Gujarat Gas, incorporated in the year 2012, is a Mid Cap company (having a market cap of Rs 35214.60 Crore) operating in Gas & Petroleum sector.

A total of 4,293 shares changed hands on the counter till time (IST).

​​The stock also bounced back above the multi-year bearish trendline, which is a bullish sign. The stock rose more than 5% in a week and 13% in the last 3 months.

The longer the horizontal base, the better. A long base will establish a more significant support level, and the ownership of the stock will transfer from weak hands to strong hands.

Bullish bets have been quite aggressive in the options segment too, as the open interest has almost doubled in absolute terms in the December series. This is causing some worry to a few analysts.

Axis Securities believes that the Indian economy stands in a sweet spot of growth and remains the land of stability against the backdrop of a volatile global economy. It also believes that the current setup is a ‘Buy on Dips’ market.