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“While Nifty is expected to see a 52-week high, the same may not happen for Bank Nifty. Downward pressure in Bank Nifty will be trigger for any upcoming weakness in Nifty, which can take it down to 15,200 levels,” says Sacchidanand Uttekar, Deputy VP, Tradebulls Securities.
Uncertainty sees companies suspending guidanceCovid-19 Impact Large cos such as Infosys, Larsen & Toubro, Hindustan Unilever, among others, feel business is an evolving situation in the midst economic uncertainty during the pandemic, and guidance would be improbable
… Read MoreBuy HDFC Bank, target price Rs 1,379: ICICI SecuritiesOn the cost front, the bank has been agile about consistently bringing down cost to assets by more than 40 bps and it still has a further buffer to manage it by 15-20bps to cushion any earnings volatility.
from Stocks-Market… Read MoreElon Musk mocks regulators, short-sellers as Tesla soarsTesla shares finished the official trading day up nearly eight percent, meaning investors who bet on the stock tumbling by "shorting" shares had money-losing positions.
from Stocks-Markets-Economic Times https://ift.tt/2VGld… Read MoreSensex rallies 40% from March lows, but 2 in 3 stocks fail to keep paceThe BSE 500 index has gone up by 40.3 per cent, from 2020 low of Rs 7,864.01.
from Stocks-Markets-Economic Times https://ift.tt/3isQVNs
… Read MoreBlistering Nasdaq momentum is approaching dot-com escape speedAs the second half of the year begins, tech’s stellar returns are getting hard to ignore.
from Stocks-Markets-Economic Times https://ift.tt/3iov1Lq
… Read More
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