ABB STOCK TARGET

Indian benchmark index Nifty 50 has surged by 1,682 points or 7.6% since the June 4 debacle, driven by non-institutional investors and select institutional investors, as noted by Kotak Institutional Equities. The market's sentiment remains positive ...

Rahul Shah says that in the short term, consumer stocks might overtake capital goods stocks for some time and the small and the mid-sized capital goods in a specific area would do much better. Further, FIIs flow will continue and financials, which w...

On the options front, the weekly maximum Call OI is placed at 24000 and then towards 23500 strikes, while the maximum Put OI is placed at 23400 and then towards 23000 strikes.

Brokerage firms like Jefferies, ICICI Securities, and Citigroup are positive on industrial space with L&T, HAL, Balkrishna Industries, and M&M as top picks.

Jefferies has listed HAL, L&T and ABB India among top 7 stocks that can rally up to 33% if Narendra Modi-led NDA retains power in the general elections.

May has seen fear index India VIX hitting 26.20 levels. Nifty in May series declined 82 points or 0.36%. The headline index started the series at 22,570.35 and ended it at 22,488.65.

The S&P BSE Sensex rallied over 100 points while the Nifty50 closed above the 22,100 level. Sectorally, buying was seen in healthcare, realty and capital goods stocks while public sector, oil & gas, energy and auto stocks saw some selling pressure.

ABB India surged 8.5% on the BSE, hitting a new 52-week high of Rs 7,792.40. The company reported a remarkable 87% increase in net profit to Rs 460 crore in the March 2024 quarter, driven by higher revenues.

Bharat Forge hit its all-time high levels with sharp volumes. The overall trend is positive and strong. On the upside, it has broken out of 2 resistance zones on intraday charts on Wednesday suggesting it could touch 1,451-1,517 levels in the near f...

Indian markets closed mixed on Monday tracking the muted trend seen in other Asian markets. The S&P BSE Sensex rose while the Nifty50 closed 33 points lower.

ABB India Ltd., incorporated in the year 1949, is a Large Cap company (having a market cap of Rs 138276.57 Crore) operating in Engineering sector.

Volatility has been falling for the last two months which has supported the ‘buy on dips’ stance in the market.

ABB India Ltd., incorporated in the year 1949, is a Large Cap company (having a market cap of Rs 141973.31 Crore) operating in Engineering sector.

UBS said ABB is the best bet on the 'low-to-medium voltage electrification' theme despite near-term concerns over short-cycle order fatigue.

Sensex jumps over 500 points today. Capital goods, consumer durables, realty, and power stocks saw buying action while public sector, IT, metal and FMCG stocks saw selling pressure.

​​“We see ABB as a perfect trifecta of automation, electrification, premiumisation,” said Nomura’s analysts in a client note.

The S&P BSE Sensex rose over 500 points while the Nifty50 closed above the 22,200 level. Sectorally, buying was seen in auto, IT, capital goods and power stocks while some profit booking was seen in the banking space.

The level of 22,000 is crucial for Nifty to hold else bearishness may return to the market. Two stocks have formed a good setup for swing trading on the technical charts

ABB India Ltd., incorporated in the year 1949, is a Large Cap company (having a market cap of Rs 112893.13 Crore) operating in Engineering sector.