Buy UPL, target price Rs 610: Antique Stock Broking
An update on debt will help to re-rate the stock from here on, said Antique. – Stocks-Markets-Economic Times
Month: May 2020
Liquor stocks rally as retail sales get nod
Liquor shops reopened on Monday in red, orange & green zones with guidelines in place amid the lockdown. – Stocks-Markets-Economic Times
Buy Coal India, target price Rs 160: Edelweiss
Despite near-term concerns on demand and inventory build-up, the brokerage likes the stock due to its sound balance sheet and undemanding valuations. – Stocks-Markets-Economic Times
Sensex, Nifty May Head Higher On Positive Global Cues
The benchmark indices may open In the green as a late tech-led rally in Wall Street led to a firm opening In Asian markets and SGX Nifty trading also indicated … Read More
Ruchir Sharma: The pandemic isn’t changing everything
Era after the Covid-19 is thus likely to feel much like the era after the crisis of 2008 – Stocks-Markets-Economic Times
Nifty has strong support at 8,800-8,900; a revisit of 7,500 levels looks unlikely
The 20-DMA of the index is around 9,052 which should be a good support. – Stocks-Markets-Economic Times
Benign P/E of Nifty yet to price in India Inc’s lockdown woes
Equities had bottomed out at 7-8 times of forward earnings during the crisis in 2008. – Stocks-Markets-Economic Times
Analyst Calls: Coal India, UPL, AU Small Finance Bank
Edelweiss has maintained buy rating on Coal India with a target price of Rs 160. – Stocks-Markets-Economic Times
Wall Street snaps 2-day slump on lift from tech titans
U.S. stocks ended higher on Monday as increases in large tech and internet companies and oil price gains outweighed concerns about the latest U.S.-China tensions and downbeat sentiment from the … Read More
India stands out on Xiaomi’s dial pad
No plans to hit hold button on ‘anti-China sentiment,’ says maker of smartphones – The Hindu – Industry