Latest news with #PrabhudasLilladher
Mint
4 hours ago
- Business
- Mint
Stocks to buy under ₹100: Experts recommend two shares to buy tomorrow — 23 July 2025
Stocks to buy under ₹100: The Nifty 50 and Sensex fluctuated between gains and losses throughout Tuesday's session on July 22, as investors adopted a cautious stance. With no strong directional cues, the benchmark indices paused for breath, while notable movement was seen in individual stocks. The Nifty ended the day down 29 points, or 0.12%, at 25,060.90. Market participants remained focused on developments related to the India-US trade agreement. Advertisement All sectoral indices closed in the red, with IT, auto, PSU banks, pharma, media, and realty falling between 0.4% and 2%. Broader markets also witnessed weakness — the Nifty Midcap 100 declined by 0.6%, while the Nifty Smallcap index performed slightly better, slipping 0.3%. Meanwhile, market fear and volatility continued to ease, as reflected in a 3.5% drop in the India VIX to 10.75. Stock market today On the Indian stock market's outlook today, Siddhartha Khemka, Head of Research — Wealth Management at Motilal Oswal, said, "Investors now await commentary from Fed Chair Powell later tonight for clues on the US rate trajectory. On the earnings front, key results scheduled for Wednesday include Infosys, SRF, Tata Consumer, Persistent Systems, Oracle, and Coforge. Markets will likely stay range-bound in the near term, focusing on ongoing corporate earnings." Advertisement Speaking on the outlook of the Nifty 50 today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, "The underlying trend of the Nifty 50 index continues to be weak amidst choppy movement. Having been rejected by the hurdle of 25200, the chances of Nifty sliding below 24900 are likely in the coming session. In such an event, the downside target could open around 24500 for the coming weeks, with immediate resistance at 25,200." Asked about the outlook of the Bank Nifty today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Bank Nifty index, after opening on a positive note, fizzled out resisting near the 57,200 zone and with profit booking seen witnessed a gradual slide to end near the 56,700 zone with bias maintained intact, having the strong support near the 56,000 level, which has been sustained as of now. On the upside, the index would need to breach above the resistance zone of 57,600 level, as we have been mentioning, and thereafter, can expect fresh higher targets of 58,500 and 60,000 levels in the coming days." Advertisement Stocks to buy today under ₹ 100 Regarding stocks to buy today, market experts Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher; Anshul Jain, Head of Research at Lakshmishree Investment; and Sugandha Sachdeva, Founder of SS WealthStreet, recommended these three intraday stocks for today under ₹100: ABFRL, Niva Bupa Health Insurance Company, and XXX. Vaishali Parekh's intraday stock for today under ₹ 100 1] ABFRL: Buy at ₹76, Target ₹80, Stop Loss ₹74. Anshul Jain's stock to buy under ₹ 100 2] Niva Bupa Health Insurance Company: Buy at ₹88.50, Target ₹96, Stop Loss ₹85. Advertisement Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
6 hours ago
- Business
- Mint
Stocks to buy under ₹100: Experts recommend two shares to buy tomorrow — 23 July 2025
Stocks to buy under ₹ 100: The Nifty 50 and Sensex fluctuated between gains and losses throughout Tuesday's session on July 22, as investors adopted a cautious stance. With no strong directional cues, the benchmark indices paused for breath, while notable movement was seen in individual stocks. The Nifty ended the day down 29 points, or 0.12%, at 25,060.90. Market participants remained focused on developments related to the India-US trade agreement. All sectoral indices closed in the red, with IT, auto, PSU banks, pharma, media, and realty falling between 0.4% and 2%. Broader markets also witnessed weakness — the Nifty Midcap 100 declined by 0.6%, while the Nifty Smallcap index performed slightly better, slipping 0.3%. Meanwhile, market fear and volatility continued to ease, as reflected in a 3.5% drop in the India VIX to 10.75. On the Indian stock market's outlook today, Siddhartha Khemka, Head of Research — Wealth Management at Motilal Oswal, said, "Investors now await commentary from Fed Chair Powell later tonight for clues on the US rate trajectory. On the earnings front, key results scheduled for Wednesday include Infosys, SRF, Tata Consumer, Persistent Systems, Oracle, and Coforge. Markets will likely stay range-bound in the near term, focusing on ongoing corporate earnings." Speaking on the outlook of the Nifty 50 today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, "The underlying trend of the Nifty 50 index continues to be weak amidst choppy movement. Having been rejected by the hurdle of 25200, the chances of Nifty sliding below 24900 are likely in the coming session. In such an event, the downside target could open around 24500 for the coming weeks, with immediate resistance at 25,200." Asked about the outlook of the Bank Nifty today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Bank Nifty index, after opening on a positive note, fizzled out resisting near the 57,200 zone and with profit booking seen witnessed a gradual slide to end near the 56,700 zone with bias maintained intact, having the strong support near the 56,000 level, which has been sustained as of now. On the upside, the index would need to breach above the resistance zone of 57,600 level, as we have been mentioning, and thereafter, can expect fresh higher targets of 58,500 and 60,000 levels in the coming days." Regarding stocks to buy today, market experts Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher; Anshul Jain, Head of Research at Lakshmishree Investment; and Sugandha Sachdeva, Founder of SS WealthStreet, recommended these three intraday stocks for today under ₹ 100: ABFRL, Niva Bupa Health Insurance Company, and XXX. 1] ABFRL: Buy at ₹ 76, Target ₹ 80, Stop Loss ₹ 74. 2] Niva Bupa Health Insurance Company: Buy at ₹ 88.50, Target ₹ 96, Stop Loss ₹ 85. Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
2 days ago
- Business
- Mint
Buy or sell: Vaishali Parekh recommends three stocks to buy today — 21 July
Buy or sell stocks: In the last session of the previous week, the Indian stock market witnessed sharp selling. Among the key benchmark indices, Nifty 50 and BSE Sensex lost over half a per cent, while the Bank Nifty index lost close to one per cent. Wipro, Bajaj Finance, and Tata Steel showcased strength, emerging as the top performers on the Nifty. Conversely, Axis Bank, Shriram Finance and BEL concluded the session as major losers. Trading volumes on the NSE cash market were slightly lower by 2% compared to yesterday. The broader market also experienced profit booking, mirroring the benchmark indices. The Nifty Midcap 100 fell by 0.70%, while the Nifty Smallcap 100 declined by 0.82%. Market breadth remained negative, with declining stocks outnumbering advancing ones on the BSE, as indicated by an advance-decline ratio of 0.70. Amongst the sectoral indices, Media, Metal, and IT managed to end up as major gainers, showcasing some resilience. However, Nifty Private banks, Consumer durables, and Financial services faced the steepest declines, contributing significantly to the overall market fall. Stock market today Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, believes the Indian stock market sentiment has weakened as the Nifty 50 index slipped below 25,000 and finished close to its 50-DEMA support of 24,900. The Prabhudas Lilladher expert said the key benchmark index may try to test 24,650 levels if the 50-stock index breaches below 24,900 on a closing basis. Speaking on the outlook of the Nifty 50 today, Vaishali Parekh said, "The Nifty 50 index once again lost control and indicating a lower top formation on the daily chart slipped below the important 25000 zone to slightly weaken the bias and has arrived near the crucial support zone area of the 50EMA level at 24900 which needs to be sustained to maintain the overall trend intact. Also, the base of the ascending channel pattern on the daily chart lies near the 24900 zone, which is at stake, and the much-awaited results of the heavyweight giants – HDFC Bank and ICICI Bank would be released, which would decide the next course of the market. For the bias to improve, the index must decisively move past the 25250 zone." "The Bank Nifty index succumbed to heavy profit booking post the weak result outcome of Axis Bank, which dragged the index to breach below the near-term support of the 56600 zone and has slightly weakened the bias with the next major and crucial support positioned near the 50EMA zone at the 55900 level, which needs to be sustained. On the upside, as mentioned earlier, it would need to breach above the resistance zone of 57600 level and expect fresh higher targets of 58500 and 60000 levels in the coming days," said Parekh. Parekh said that the immediate support for the Nifty 50 index is at 24,800, while the resistance is at 25,200. The Bank Nifty would have a daily range of 55,500 to 57,000. Vaishali Parekh's stock recommendations today Regarding stocks to buy today, Vaishali Parekh recommended these three buy-or-sell stocks: SAIL, Archean Chemical Industries, and Himatsingka Seide. 1] Himatsingka Seide: Buy at ₹154.80, Target ₹166, Stop Loss ₹151; 2] SAIL: Buy at ₹136, Target ₹142, Stop Loss ₹133; and 3] Archean Chemical Industries: Buy at ₹698, Target ₹730, Stop Loss ₹683. Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Business Insider
2 days ago
- Business
- Business Insider
Positive Report for Reliance Industries Limited (RELIANCE) from Prabhudas Lilladher
In a report released today, Swarnendu Bhushan from Prabhudas Lilladher upgraded Reliance Industries Limited to a Buy, with a price target of INR1,555.00. The company's shares closed last Friday at INR1,476.00. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Reliance Industries Limited with a INR1,615.00 average price target. Based on Reliance Industries Limited's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of INR2613880000 thousand and a net profit of INR194.07 billion. In comparison, last year the company earned a revenue of INR2365330000 thousand and had a net profit of INR189.51 billion
Mint
5 days ago
- Business
- Mint
Stocks to buy under ₹100: Experts recommend three shares to buy today — 18 July 2025
Stocks to buy under ₹ 100: On a weekly expiry session on Thursday, the Indian stock market ended lower on profit-booking after a positive opening. The Nifty 50 index ended 100 points lower at 25,111, the BSE Sensex shed 375 points and closed at 82,259, whereas the Bank Nifty index finished 340 points lower at 56,828. Tata Consumers, Tata Steel, and Hindalco showcased significant strength, emerging as the top performers on the Nifty. Conversely, Tech Mahindra, Indusind Bank and Infy concluded the session as major losers. Trading volumes on the NSE cash market were slightly higher by 0.5% compared to yesterday. The broader market also experienced profit booking, mirroring the benchmark indices. The Nifty Midcap 100 fell by 0.17%, while the Nifty Smallcap 100 declined by 0.12%. Market breadth turned marginally negative, with declining stocks slightly outnumbering advancing ones on the BSE, as indicated by an advance-decline ratio of 0.99. Amongst the sectoral indices, Realty, Metal, and Consumer Durables managed to end up as major gainers, showcasing some resilience. However, the Nifty IT and Banking sectors faced steep declines, contributing to the overall market fall. On the outlook of the Indian stock market today, Siddhartha Khemka, Head of Research — Wealth Management at Motilal Oswal, said, "Markets are likely to remain in consolidation mode, with focus on ongoing earnings and progress in US-India trade negotiations. Key results on Friday include Reliance Industries, JSW Steel, and L&T Finance." Speaking on the outlook of the Nifty 50 today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, "Having recently displayed a weak bounce back from near the support of the 25K mark, the chances of Nifty revisiting the said support are high in the short term. However, the upper area of 25250 is likely to be a strong overhead hurdle, and the lower area of 25000-24900 levels could be crucial support for the near term." Askeda bout the outlook of the Bank Nifty index, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, 'The Bank Nifty index continues to move within a narrow range for quite some time, once again halting near the 57,300 zone, finding resistance and having the important support near the 56,600 level, would be awaiting the important result outcome of the major frontline banking stocks like HDFC Bank and ICICI Bank, which is due in the coming sessions. The index would need to sustain the crucial support positioned near the 56,000 level, below which the overall bias would turn weak.' Regarding stocks to buy today, market experts Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher; Sugandha Sachdeva, Founder of SS WealthStreet; and Anshul Jain, Head of Research at Lakshmishree Investment, recommended three intraday stocks under ₹ 100: NMDC, Filatex India, and Balaji Telefilms. 1] NMDC: Buy at ₹ 69.56, Target ₹ 74, Stop Loss ₹ 68. 2] Filatex India: Buy at ₹ 58.40, Targets ₹ 61.20, ₹ 63, Stop Loss ₹ 56.70. 3] Balaji Telefilms: Buy at ₹ 95.50, Target ₹ 105, Stop Loss ₹ 92.
