Last week, Sensex and Nifty50 logged their seventh consecutive weekly decline, marking the longest losing streak since the 2020 pandemic correction.
Deven Choksey sees 15–20% upside in large-cap IT stocks if the recent correction has marked a bottom, with TCS and Infosys in focus.
Indian ER&D stocks may see a better Q2FY27, with ICICI Securities expecting recovery led by Tata Technologies and Cyient amid stronger demand.
Lenskart stock rose 3.54% to Rs 698 today against the previous close of Rs 674. Market cap of the firm rose to Rs 1.20 lakh crore.
Raymond stock rose 5% to a high of Rs 1241.40 today against the previous close of Rs 1184.80. Market cap of the firm rose to Rs 8066 crore.
The metal sector has created immense wealth for investors at a time when Sensex and Nifty have fallen up to 14% in two years.
Macquarie recently suggested 'Outperform' rating on BSE with a target of Rs 4,000. Bernstein target on BSE at Rs 2,820 reflected its 'Underperform' view on the stock.
Axis Direct said that ICICI Prudential AMC has recaptured the 20, 50 and 100-day SMAs and rebounded sharply, which reconfirms bullish sentiment.
Kotak Equities expects another muted quarter for large companies, with HCL Tech being the notable exception. Tech Mahindra will lead growth among hybrids, while mid-tier companies will report strong growth led by Persistent Systems , Coforge and Mphasis Ltd.
Elecon Engineering share price: Axis Securities and Systematix remain bullish on this multibagger stock from Vijay Kishanlal Kedia's portfolio.
BSE and NSE have placed ESDS Software under the long-term Additional Surveillance Measure (ASM) framework. Exchanges use the short-term and long-term ASM frameworks to alert investors to unusual price movements and heightened volatility.
NCC shares rose 5.37% to Rs 137.30 against the previous close of Rs 137.30. Market cap of the firm rose to Rs 8416 crore.
Azad Engineering shares rose 7.07 per cent to hit a high of Rs 2,918.95 on BSE. The stock is up 76.73 per cent year-to-date.
Tata stocks: The fresh proposal seeks merging of Tata Electronics Systems Solutions Pvt and Tata Consulting Engineers into the parent, converting Tata Sons into a holding-operating company.
An analyst from Anand Rathi said that YES Bank has witnessed a strong rally from around Rs 17 to Rs 25.80, delivering nearly 46 per cent gains in just three months.
Pharma stocks outperform: While Sensex has lost 13%, Nifty pharma index has gained 18% this year.
Borosil shares gained 6.17% to Rs 280.95 in the current session against the previous close of Rs 264.60. Market cap of the firm rose to Rs 3311.38 crore.
Dixon Technologies, BPL, Onida , LG India and Whirlpool are the leading listed players of air conditioners, LED TVs and washing machines in India.
PC Jeweller shares: The accomplishment of a debt-free status will materially strengthen the company’s balance sheet and financial position.
Stocks like CleanMax, PC Jewellers, Aequs, SAIL, Zydus Life, Adani Power, Sedemac, Fortis Health and PC Jewellers and more will be in the spotlight on Monday, September 28.
Meesho shares: The brokerage expects competition from horizontal platforms and overlap with quick commerce to rise which could affect margins.
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