Waaree Energies is gaining attention after a significant rally. Anand James anticipates a potential breakout, targeting new peaks. Nifty faces resistance at 25,000, lacking strong momentum. Trading strategy involves a short strangle option between 25500-24800. Sensex and Nifty expiry days are swapping in September. VIPIND shows bullish signals, targeting 450 with a stop loss at 399.
Nilesh Shah warns that a crude oil price surge may negatively affect Indian markets. Global tensions and rising oil prices are concerns. US airstrikes on Iranian nuclear facilities escalate Middle East conflict. Oil price increases are already visible. Shah advises traders to be cautious. He suggests long-term investors use corrections to buy. Availability and prices of oil need monitoring.
Indias headline indices ended Friday with strong gains helped by bank, energy and IT stocks. Nifty moved up sharply after three days of consolidation, resuming its short-term rally and ending above the 25,100 mark. Commenting on the day's action, Rupak De, Senior Technical Analyst at LKP Securities said that the Nifty has reclaimed the 21-day EMA, which could provide further momentum for an upward move. Support is now placed at 24,850, and the index remains a buy on dips as long as it holds above this level. On the higher side, it may continue advancing towards 25,350 and beyond, De said.Here are 8 stock recommendations for Monday:
HDB Financial Services' upcoming IPO, valued at 12,500 crore, sees its grey market premium cooling down, signaling a shift from earlier exuberance. While unlisted shares traded significantly higher previously, the IPO price of 740 aligns with listed NBFC valuations. HDFC Bank, divesting a portion of its stake, stands to gain substantially.
Indian markets ended the week higher but may face volatility due to U.S. airstrikes on Iran. Rising crude oil prices, cautious FIIs, and weak technical indicators could pressure sentiment. Investors are watching Irans response, dollar strength, and inflation risks to gauge near-term direction.
Several stocks from the Nifty Mid-Small Cap 400 index are projected to deliver strong returns in the coming year, according to analyst estimates compiled by Trendlyne. Top picks include Bombay Burmah, Transformers & Rectifiers, Gravita, Sagility India, and Brainbees Solutions, with potential upsides ranging from 40% to over 90%.
Girish Kousgi, MD & CEO of PNB Housing Finance, believes that cricket is more than a gameits a way of life that closely mirrors leadership. In this special feature on Key Leadership Lessons from Cricket, he shares how the sport has shaped his values, mindset, and strategic approach in the corporate world.
HDB Financial Services initial public offering opens on June 25 and will be the largest IPO so far this year. While only a portion of the proceeds will go to the company, the offering signals a broader structural shift within the HDFC group. Here are 10 key developments around the issue, based on company filings and brokerage research.
The Indian market snapped a 3-day losing streak to close in the green on Friday with gains of over 1%. The BSE Sensex rose more than 1000 points while the Nifty50 closed above 25100 levels.
