Motilal Oswal is bullish on LTIMindtree recommended buy rating on the stock with a target price of Rs 7700 in its research report dated January 16, 2025.
Motilal Oswal recommended Neutral rating on Axis Bank with a target price of Rs 1175 in its research report dated January 16, 2025.
Prabhudas Lilladher is bullish on Axis Bank has recommended buy rating on the stock with a target price of Rs 1350 in its research report dated January 17, 2025.
Prabhudas Lilladher is bullish on LTIMindtree has recommended buy rating on the stock with a target price of Rs 7000 in its research report dated January 17, 2025.
Prabhudas Lilladher is bullish on Infosys has recommended buy rating on the stock with a target price of Rs 2250 in its research report dated January 17, 2025.
Although the company reported a rise in revenue, its net profit dropped to Rs 278 crore in Q3 FY 25. This marks a fall of 3% from Rs 287.91 crore net profit reported for the same quarter (Q3) of the previous financial year (FY 24).
Sharekhan is bullish on Infosys has recommended buy rating on the stock with a target price of Rs 2270 in its research report dated January 16, 2025.
Sharekhan is bullish on Axis Bank has recommended buy rating on the stock with a target price of Rs 1230 in its research report dated January 16, 2025.
Emkay Global Financial is bullish on HDFC Life Insurance has recommended buy rating on the stock with a target price of Rs 775 in its research report dated January 16, 2025.
Emkay Global Financial is bullish on One 97 Communications has recommended buy rating on the stock with a target price of Rs 1050 in its research report dated January 15, 2025.
Geojit Financial Services is bullish on Avenue Supermarts has recommended buy rating on the stock with a target price of Rs 4107 in its research report dated January 16, 2025.
The firm's revenue from operations jumped 7.1 percent year-over-year to Rs 9,660 crore in Q3 FY25.
The company as also its stock are poised to benefit from any recovery in technology demand
Motilal Oswal recommended Neutral rating on Shoppers Stop with a target price of Rs 700 in its research report dated January 15, 2025.
Infosys share price slumped after analysts flagged that while FY25 revenue guidance was raised to reflect the Q3 beat, the unchanged ask rate for Q4 signals potential seasonal weakness.
KR Choksey is bullish on HDFC Asset Management Co has recommended buy rating on the stock with a target price of Rs 5095 in its research report dated January 16, 2025.
According to Geojit Financial Services, Though the El Nino–Southern Oscillation is currently in the 'La Nina Watch' range, the possibility of La Nina emerging between February and July is unlikely, the APEC Climate Center said in a report Wednesday.
The Nifty 50 extended its upward move and formed higher lows for three consecutive days, closing 0.4 percent higher on January 16. The index managed to close above the November low (23,263) and surpassed the 23,350 hurdle intraday. However, the overall sentiment remained in favour of the bears, as the index continued to trade well below all key moving averages. Therefore, the index is expected to consolidate, with immediate support at 23,150, followed by 23,050. Catch Nandita Khemka in conversation with Raja Venkatraman, Co-Founder, NeoTrader & Siddarth Bhamre, Institutional Research Head - ACMIIL (Asit C Mehta Investment Interrmediates)
The quarter gone by was challenging as growth declined and interest margin contracted
Brokerages are bullish over Infosys' upbeat management commentary, hinting a recovery in demand--primarily across European financial services and US retail segments.
Infosys, Axis Bank, Shriram Finance, Kotak Mahindra Bank, M&M were among major losers on the Nifty, while gainers included BPCL, Reliance Industries, Bharat Electronics, Nestle India and Hindalco Industries. BSE Midcap and Smallcap indices ended flat. Among sectors, IT and Bank indices shed 2 percent each, while oil & gas, power, FMCG, PSU, capital goods, realty and metal indices added 1 percent each.
The GIFT Nifty is trading lower, indicating a negative start for the day. US stocks dipped on Thursday as a jump in the prior session cooled, while investors eyed the most recent corporate earnings and gauged economic data to determine the path of Federal Reserve rate cuts.
The market is expected to consolidate as long as it trades below all key moving averages. Below are some trading ideas for the near term.
Stocks To Watch, Jan 17: Stocks like Hatsun Agro Products, Metro Brands, Bharat Petroleum Corporation, Mastek, One Mobikwik Systems, Jammu & Kashmir Bank, Satin Creditcare Network, IRCTC, Power Finance Corporation, Suraksha Diagnostic, Indian Bank, TVS Motor Company, and Bajaj Healthcare will be in focus on January 17.
Trends such as premiumisation and rising digital adoption will benefit its consumer-facing businesses while investments in clean energy will create a future growth driver
