Latest Stock Market News

Shares of BEL fall as Nifty drops

Updated at : 2022-12-05 12:25:03

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On the technical charts, the 200-day moving average of the stock stood at Rs 88.37.

Buy ICICI Bank, target price Rs 1150: Motilal Oswal

Updated at : 2022-12-05 12:25:03

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ICICI Bank, incorporated in the year 1994, is a banking company (having a market cap of Rs 649445.29 Crore).

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.

Buy Gujarat Gas, target price Rs 553: Edelweiss

Updated at : 2022-12-05 11:20:04

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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.

InterGlobe shares up 0.63% as Nifty drops

Updated at : 2022-12-05 11:20:04

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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.

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