Latest news with #KotakMahindraBankLtd
Mint
10-06-2025
- Business
- Mint
Shares to buy or sell: Sachin Gupta of 5paisa recommends Kotak Bank, IndiGo shares today
Stock market today: The Indian stock markets maintained their upward momentum on Tuesday morning, with the benchmark indices starting off in the positive territory. Nevertheless, participants in the market seem to be adopting a "wait and see" approach ahead of the results of the US-China trade negotiations taking place in London. The Nifty 50 index commenced trading at 25,196.05, an increase of 92.85 points or 0.37%, while the Sensex began higher by 198.52 points or 0.24%, reaching 82,643.73. Analysts credited the rise to robust buying in sectors sensitive to interest rates, particularly in financial stocks, and noted that key indicators point towards potential further gains in the upcoming sessions. Sachin Gupta at 5paisa recommends two stocks on Tuesday — Kotak Mahindra Bank Ltd, and InterGlobe Aviation Ltd (IndiGo). The Nifty 50 index rally continued for the fourth consecutive session on Monday, reaching an eight-month high at the 25,160 level, supported by broad-based market momentum. Nifty 50 closed at 25,103.20, gaining 100 points. Technically, after a gap-up opening, the market remained range-bound throughout the day. On the daily charts, the index has broken out of its prolonged consolidation phase but formed a small candlestick, indicating indecision among traders. Currently, Nifty 50 is facing crucial resistance around 25,200. A breakout above this resistance could push the index toward the next resistance zone between 25,300 and 25,450. On the downside, 25,070 is acting as immediate support; any dip below this level could drag the index down to the next support around 24,900. On shares to buy on Tuesday, Sachin Gupta recommends two stocks on Tuesday — Kotak Mahindra Bank Ltd, and InterGlobe Aviation Ltd (IndiGo). Kotak Bank share price is showing signs of a strong upward move after a period of correction. It has found support at the 100-day moving average and the 61.8% Fibonacci retracement level, both important support points. Rising volume on the daily chart indicates buying interest, while the RSI suggests improving momentum. Together, these factors indicate that the stock may begin to rise again, making Kotak Bank a good buy for the short to medium term. Traders are advised to look for buying opportunities in Kotak Bank shares around ₹ 2,120–2,140, with a target of ₹ 2,250/2,290 and a stop loss at ₹ 2,055 on a closing basis. IndiGo share price is displaying a strong bullish trend, characterized by a higher top–higher bottom formation, indicating an ongoing uptrend. The stock recently broke out of a consolidation phase with strong volumes, also crossing above the upper Bollinger Band—often a sign of bullish momentum. A positive crossover in the RSI further supports this bullish outlook. Based on the above technical structure, we expect the bullish trend to remain intact. Hence, traders are advised to buy IndiGo share price in the range of ₹ 5,670–5,690 for an upside target of ₹ 5,880/6,030, with a stop loss at ₹ 5,480 on a closing basis. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Hans India
04-06-2025
- Business
- Hans India
Start Your SIP Instantly: Invest Seamlessly Using the Kotak811 App
Investing shouldn't feel complicated. Yet, many people need to switch between different apps just to manage their investments better, making financial planning more time-consuming than it should be. The Kotak811 Mobile Banking App eliminates this hassle by integrating SIP investments within a seamless, digital platform. Now, users can start, track and manage SIPs effortlessly—without the need for multiple apps or lengthy processes. Investing Made Simple with Kotak811 Systematic Investment Plans (SIPs) remain one of the most effective ways to build wealth consistently. However, the hassle of managing separate investment accounts can make the process cumbersome. Kotak811 removes this complexity with a fully digital, instant SIP setup, allowing users to start investing in just a few minutes. Why Choose Kotak811 for SIPs? Instant Setup – No Delays, No Paperwork SIP investments can be activated instantly through a completely digital process. Users can browse mutual funds, choose an investment amount and start investing instantly. Automated Contributions – Stay Invested Without Effort SIPs are directly linked to the Kotak811 Savings Account, ensuring automatic monthly deductions. This removes the need for manual transfers, making investing effortless. Diverse Fund Selection – Tailored to Every Investor The Kotak811 App provides access to a wide range of mutual funds, including equity, debt and hybrid options. Investors can choose funds based on their financial goals, risk appetite and investment timeline. Live Portfolio Tracking – Real-Time Insights Users can monitor SIP performance, track returns and adjust investments anytime—all within the Kotak811 App. This ensures full transparency and better financial decision-making. Secure Transactions – A Safe Investment Experience Every SIP investment through the Kotak811 App is protected with multi-layer authentication, encrypted transactions and OTP verification. This ensures a secure and seamless investing experience. All-in-One Banking and Investment Platform With Kotak811 Mobile Banking App, there's no need for multiple apps to manage finances. A quick setup, automated contributions and real-time insights make investing easier than ever. Users can save, transact and invest—all from a single platform. Download the Kotak811 Mobile Banking App today and start investing in SIPs instantly. Disclaimer: Kotak Mahindra Bank Ltd. ('Bank') makes no warranty regarding the completeness or accuracy of the information provided herein. The features and benefits of the Kotak811 Mobile Banking App, including Mutual Fund investment services, are subject to change at the Bank's discretion. Mutual Fund investments are subject to market risks; please read all scheme-related documents carefully before investing. The Bank shall not be liable for any loss or damage arising from reliance on or use of this information.
Mint
16-05-2025
- Business
- Mint
Stock market today: Trade setup for Nifty 50 to global markets; Eight stocks to buy or sell on Friday
Stock Market Today: The Benchmark Nifty-50 Index rebounding well on Thursday ended 1.6% higher at 25,062.10. Bank Nifty also ended 1.01% higher at 55,355.60. as Metals Realty, Auto, IT Oil & gas led the rally for most other sectors. In the broader indices small and mid caps ended 0.5-0.74% higher. For the Nifty-50 Index 24,900 and 24,750 would act as key support zones, while 25,210–25,300 could serve as key resistance levels for the bulls. However, below 24,750, the uptrend would become vulnerable, said Shrikant Chouhan, Head – Equity Research, Kotak Securities On the other hand, the immediate hurdle for Bank Nifty is seen around 55,500, while major support is placed near 53,480, said Hrishikesh Yedve, AVP Technical and Derivatives Research at Asit C. Mehta. Trump's zero-tariff comment has injected fresh optimism into Indian equities, reinforcing the bullish undertone. With the Nifty sustaining above 25,000, near-term momentum remains intact, though upcoming earnings and global cues could test market resilience, said Vikram Kasat, Head - Advisory, PL Capital. Sumeet Bagadia, Executive Director at Choice Broking, has recommended two stock picks for today. Ganesh Dongre, Senior Manager of Technical Research at Anand Rathi, suggested three stocks, while Shiju Koothupalakkal, Senior Manager — Technical Research, at Prabhudas Lilladher has given two stock picks. These Include APL Apollo Tubes Ltd, Grasim Industries Ltd, Kotak Mahindra Bank Ltd , Asian Paints Ltd, Bajaj Finance Ltd, Welspun Corp Ltd, Bharat Heavy Electricals Ltd and Himatsingka Seide Ltd. APL Apollo Tubes Ltd- Bagadia recommends buying APL Apollo at around ₹ 1775.9 keeping Stoploss at ₹ 1713 for a target price of ₹ 1900 APLAPOLLO is currently trading at the levels of 1775.9, the stock is exhibiting a strong bullish trend, having broken out from a consolidation zone with robust volume. The stock has formed a series of higher highs and higher lows, indicating sustained upward momentum. A notable price action development, typically viewed as a bullish continuation formation. The stock is now trading close to its 52-week high of 1781.8, suggesting renewed investor interest and confidence. Industries Ltd - Bagadia recommends Grasim Industries at ₹ 2824.80 keeping Stop Loss at ₹ 2726 for a target price of ₹ 3022 GRASIM is currently trading at ₹ 2,824.80 and is demonstrating strong upward momentum. The stock has rebounded from lower levels, forming a higher high and higher low structure, which is a classic sign of a sustained uptrend. A robust bullish candlestick pattern has emerged, further indicating strength in the prevailing trend. Additionally, GRASIM has broken out of a short-term consolidation zone, signaling renewed buying interest and reinforcing bullish sentiment. 3. Kotak Mahindra Bank Ltd - Dongre recommends buying KOTAKBANK at around ₹ 2107 keeping Stoploss at ₹ 2075 for a target price of ₹ 2160 In the latest short-term technical analysis, KOTAKBANK has shown a strong and consistent bullish trend, indicating the potential for an extended upward move. The stock is currently trading at ₹ 2107 and holding above a key support level at ₹ 2075. This support zone serves as a critical point for risk management. Given the bullish momentum, traders are advised to consider a buying opportunity with a stop-loss placed strategically at ₹ 2075 to manage downside risk. The target for this trade is set at ₹ 2160, suggesting a favorable risk-to-reward ratio and a continuation of the prevailing upward trend. 4. Asian Paints Ltd- Dongre recommends buying Asian Paints at around ₹ 2332 keeping Stoploss at ₹ 2280 for a target price of ₹ 2400 ASIANPAINT has exhibited a notable bullish reversal pattern, offering another promising opportunity for short-term traders. The stock is currently priced at ₹ 2332 and maintaining a strong support at ₹ 2280. The technical setup indicates the potential for a price retracement towards the ₹ 2400 level. With the stock reversing from a support base and showing signs of renewed strength, entering at the current market price with a stop-loss at ₹ 2280 offers a prudent approach to capturing the anticipated upside. 5. Bajaj Finance Ltd - Dongre recommends buying BAJFINANCE at around ₹ 9188 keeping Stoploss at ₹ 8900 fr a target price of ₹ 9400. BAJFINANCE , the stock is currently trading at ₹ 9188 and appears to be in bullish zone for short term. A bullish reversal pattern has emerged on the daily chart, indicating a potential upmove. The critical support level lies at ₹ 8900, which also acts as a key stop-loss point for this trade. With bullish cues signaling a possible retracement towards the ₹ 9400 target, this setup provides a favorable entry opportunity for traders looking to capitalize on a technical rebound. 6. Welspun Corp Ltd - recommend buying Welspun Corp at around ₹ 786 for a target price of ₹ 830 keeping Stop loss at ₹ 770 The stock has recovered significantly from the trendline support zone of ₹ 720 and has moved past the important 50EMA level at ₹ 780 zone to improve the bias and can expect for further rise in the coming sessions. The RSI is well positioned and has indicated a positive trend reversal to signal a buy and from current rate, much upside potential is visible. With the chart technically looking good, we suggest buying the stock for an upside target of 830 keeping the stop loss of ₹ 770 level. 7. Bharat Heavy Electricals Ltd- recommend buying Bharat Heavy Electricals or BHEL at around ₹ 245.60 for a Target price of ₹ 256 keeping Stop loss at ₹ 240 The stock has indicated a higher bottom formation on the daily chart and recently has witnessed a decent strong pullback to move past the important 200 period MA after a long period to improve the bias and can anticipate for further rise in the coming sessions. The RSI is maintained strong, signalling a buy to anticipate for another fresh round of upward move. With the chart technically well positioned, we suggest buying the stock for an upside target of ₹ 256 level keeping the stop loss of ₹ 240 level. 8. Himatsingka Seide Ltd - recommends buying Himatsingka Seide or HIMATSINGKA SEIDE cat around ₹ 163 for a Target price of ₹ 172 keeping Stop loss at ₹ 159 The stock after witnessing a strong pullback moving past the significant ₹ 200 period MA and 100 period MA zone at ₹ 158 levels, has improved the bias and with a breakout indication has further strengthen the trend to anticipate for further rise. The RSI is well positioned and is on the rise with further upside potential visible. With the chart looking good, we suggest to buy the stock for an upside target of ₹ 172 keeping the stop loss of ₹ 159 level. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before taking any investment decisions.
Bloomberg
27-03-2025
- Business
- Bloomberg
Billionaire Uday Kotak's Private Bank Adds Thousands of Clients
Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly. Kotak Mahindra Bank Ltd. 's private banking unit expects to add thousands of new families to its portfolio, as it seeks to scale up to fight falling margins in India's growing wealth management industry.
