Foreign brokerage Jefferies is bullish on smallcap textiles stock with a multibagger return of 281 per cent in the last 5 years. The brokerage has recommended buying the stock for a target of Rs 185, implying gains of 38.16 per cent return in the scrip. The brokerage basis its rationale for the stock on buying Welspun…
Global brokerages Jefferies has picked cement scrips namely Shree Cement, UltraTech Cement as well as JK Cement as its top picks from the space. This is as the brokerage expects a turnaround for the space in currently running fiscal year 2025-26. Likely triggers which may fuel cement pack’s run Brokerage firm expects the sector’s margin to…
Domestic brokerage firms have shared several short-term investment ideas that could deliver double-digit returns in the upcoming months. From established companies like Tata Investment to emerging players such as Netweb Technologies, analysts are positive on these stocks across different sectors. Analysts at Anand Rathi, Axis Securities, and SBI Securities have recommended buying these stocks with…
Indian equities in Wednesday’s trade (May 14, 2025) traded with optimism as retail inflation cooled off to the lowest and came in at a 6-year low. At the last count, at around 10:29 am- Sensex was up over 457 points at 81,605 points, while the Nifty50 was up 0.64 per cent at 24,736. Meanwhile, broader…
Indian equities buoyed by favourable cues are scaling tremendously in Monday’s session (May 12, 2025) rejoicing India-Pakistan ceasefire at one end, and US-China trade on the other. As per the latest inputs on US-China trade deal, the two economies have agreed to take steps to implement a 90-day pause on imposing fresh tariffs and also…
Stocks To Buy: On Friday (May 9), domestic equity benchmarks ended sharply lower, tracking mounting geopolitical tensions between India and Pakistan. The BSE Sensex tanked 880 points, or 0.99 per cent, to settle at 79,454, while the NSE Nifty50 plunged 266 points to close at 24,008, slipping for the second consecutive session. Amid this, brokerage…