Nykaa was the third largest gainer in the Nifty500, rising more than 9 percent with robust volumes after breakout of horizontal resistance trendline adjoining multiple touchpoints. The stock traded above all key moving averages.
Expert expects strong moves in the broader market; hence, one needs to have a stock-centric approach for better trading opportunities.
Prabhudas Lilladher recommended hold rating on Lupin with a target price of Rs 1200 in its research report dated November 10, 2023.
Prabhudas Lilladher recommended hold rating on Bajaj Electricals with a target price of Rs 1032 in its research report dated November 13, 2023.
Prabhudas Lilladher recommended accumulate rating on Aurobindo Pharma with a target price of Rs 1065 in its research report dated November 11, 2023.
Prabhudas Lilladher recommended accumulate rating on National Aluminium Co with a target price of Rs 100 in its research report dated November 10, 2023.
Prabhudas Lilladher recommended accumulate rating on Eicher Motors with a target price of Rs 3800 in its research report dated November 11, 2023.
Prabhudas Lilladher is bullish on Hindalco Industries has recommended buy rating on the stock with a target price of Rs 583 in its research report dated November 13, 2023.
Prabhudas Lilladher is bullish on Engineers India has recommended buy rating on the stock with a target price of Rs 166 in its research report dated November 13, 2023.
AI is finding demand among various Indian companies for technology, sales, customer support and marketing. These stocks may gain from the artificial intelligence play.
Expert expects to see derating in smaller PSBs as the surge in other income, the primary driver of superior RoE (return on equity) in FY23 could be transient.
Coforge has formed robust bullish candlestick pattern on the daily scale with above average volumes. In fact, there was a consolidation breakout in previous session, and now the stock traded above all key moving averages, which is positive sign.
The overall outlook for the Nifty Index leans favourably towards a positive scenario.
Prabhudas Lilladher is bullish on Fortis Healthcare has recommended buy rating on the stock with a target price of Rs 400 in its research report dated November 12, 2023.
Prabhudas Lilladher is bullish on Lemon Tree Hotels has recommended buy rating on the stock with a target price of Rs 140 in its research report dated November 11, 2023.
Prabhudas Lilladher is bullish on Ashok Leyland has recommended buy rating on the stock with a target price of Rs 210 in its research report dated November 11, 2023.
Prabhudas Lilladher is bullish on HealthCare Global Enterprises has recommended buy rating on the stock with a target price of Rs 420 in its research report dated November 10, 2023.
Prabhudas Lilladher is bullish on Mahindra and Mahindra has recommended buy rating on the stock with a target price of Rs 1740 in its research report dated November 10, 2023.
Prabhudas Lilladher is bullish on Apollo Hospitals Enterprise has recommended buy rating on the stock with a target price of Rs 6000 in its research report dated November 10, 2023.
Prabhudas Lilladher is bullish on Hindustan Aeronautics has recommended buy rating on the stock with a target price of Rs 2266 in its research report dated November 10, 2023.
Prabhudas Lilladher is bullish on HDFC Asset Management Company has recommended buy rating on the stock with a target price of Rs 3000 in its research report dated November 10, 2023.
Motilal Oswal recommended Neutral rating on Tata Chemical with a target price of Rs 920 in its research report dated November 11, 2023.
Motilal Oswal recommended Neutral rating on Aurobindo Pharma with a target price of Rs 970 in its research report dated November 11, 2023.
Motilal Oswal recommended Neutral rating on Aditya Birla Fashion and Retail with a target price of Rs 235 in its research report dated November 11, 2023.
Motilal Oswal is bullish on Coal India recommended buy rating on the stock with a target price of Rs 380 in its research report dated November 11, 2023.