RECOMMENDATIONS

Government panel recommends Challa Sreenivasulu Setty as next SBI Chairman

"Financial Services Institutions Bureau interfaced with 3 candidates on June 29, 2024 for the position of Chairman in State Bank of India," the panel said in a release. ​The Bureau added that taking performance and experience into consideration, Setty was their choice for the job.

2 top stock recommendations from Nagaraj Shetti

I am expecting a further upside for the Nifty during this budget period and as well as if you look at the sectors, banking, especially private and PSU banking, and if you look at the metal stocks and metal sector has declined reasonably and has bounced back from the lower levels, fertilisers and even other sectors like PSU banking, like capital goods are likely to be in the limelight in the near term.

Stock Radar I Time to buy? Indian Hotels gave a breakout from a 4-month consolidation: Shivangi Sarda

Market Trading Guide: Tata Motors, ABB among 5 stock recommendations for Friday

Benchmark Sensex breached the historic 79,000 mark while Nifty scaled the 24,000 peak for the first time on Thursday as buying in blue-chip stocks like Infosys, Reliance and TCS helped markets extend gains to the fourth straight day and close at lifetime high levels. "Technically, the index has achieved a short-term consolidation breakout target of 24,000 levels, and managed to close above it. If the index holds above 24,000 levels, then rally could extend towards 24,250-24,500 in the short term," said Hrishikesh Yedve, AVP Technical and Derivatives Research at Asit C. Mehta Investment Interrmediates

These midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 32%, according to analysts

The majority of play in the options segment for the election results fear and greed and hope has been played in the weekly option settlement. Whatever little has been left would be over today as the June series expiry gets over. This is relevant because once this technical volatility is done and dusted the true picture would emerge for many segments of the market including the midcap segment. If one looks at their recent performance in the last few days of volatility, it is clear that there is not much selling pressure. If one goes on by the market breadth, there are indications that bulls might be back in control. Keep an eye on liquidity and the market breadth in the next few sessions as that will determine what happens to mid-cap stocks in the medium term. If the market breadth stays positive then it is very likely that we might see more strength in mid-caps. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.

2 top stock recommendations from Rahul Sharma

​Now, the way Nifty is heading, we feel that putting a target is anybody's guess. But 24,200, 24,500 is where we are expecting the Nifty to head very fast in the next few trading sessions. So, momentum moves is something that we are looking for.

F&O stocks to buy today: ICICI Bank, Biocon among top 6 trading ideas for 27 June 2024

Experts suggest buying opportunities in stocks like Indus Tower, ICICI Bank, Grasim Industries, and Kotak Mahindra Bank for short-term traders, as per recommendations on ETNow.

Stock Radar | Time to buy? UPL has been forming an upward-rising channel: Kkunal V. Parar

Hot Stocks: 3 stocks that may give returns between 16-33%

Shivalik Bimetal Controls, Ethos, and PNB Housing Finance show promise with strategic initiatives for growth and margin sustenance despite challenges. Analysts recommend these stocks with potential upsides ranging from 16% to 33%.

Market Trading Guide: RIL, Sun Pharma among 5 stock recommendations for Thursday

Stock market benchmark indices Sensex and Nifty rallied for the third straight session and ended at their fresh all-time high levels on Wednesday in tandem with Asian peers and buying in Reliance Industries. The 30-share index climbed 621 points to settle at a new closing peak of 78,674. The Nifty went up by 148 points to a record closing peak of 23,869. The present upside momentum could find resistance at the highs of around 24,000-24,100 levels (1.786% Fibonacci extension of crucial bottom/top/bottom of 2020-2022) and one may expect next round of consolidation or minor weakness to emerge from the highs. Immediate support is at 23,650 levels, said Nagaraj Shetti of HDFC Securities.

87 stocks turn multibaggers in resilient Indian market during H1. What's the second half looking like?

Indian market showcases resilience with 87 stocks turning multibaggers in H1. Top performers include Marsons and Tinna Trade. IT and capital goods sectors witness significant growth. Analysts predict positive market trajectory post-Union Budget and US Fed's decisions.

FIIs have sold Rs 1 lakh crore worth of stocks from these 5 sectors in H1 of CY24

Foreign investors show interest in India post-US roadshow, anticipating Modi 3.0 policies clarity. Positive outlook on GDP growth and potential US Fed rate cut impact driving FII optimism for the future market trends.

TRADERS’ CORNER: Two AA, one AMC stock and auto ancillary stock breaking barriers for 6% short term momentum trade

Select momentum stocks are getting back with mojo

Stock Radar | Time to buy? V-shaped recovery makes Apollo Tyres an attractive buy: Shitij Gandhi

Market trading guide: JBM Auto, Apollo Tyres, City Union Bank among 7 top stock recommendations for Wednesday

Benchmark Sensex breached the historic 78,000 level for the first time while Nifty settled at a new record high on Tuesday on buying in blue-chip bank stocks and Reliance Industries. The 30-share index jumped 712.44 points to settle at a new closing peak of 78,054. The Nifty went up by 183.45 points or 0.78 per cent to settle at a fresh record high of 23,721.30. "On the daily charts we can observe that Nifty witnessed follow through buying interest. The consolidation of the last ten trading sessions is breaking out on the upside and trending moves are likely to begin. Thus, we shall continue to ride the up move till there is weakness on the price front," said Jatin Gedia – Technical Research Analyst at Sharekhan by BNP Paribas. Here are 7 stock recommendations for Wednesday:

Stocks to buy: 6 stocks to watch out for an upside potential of up to 77%

Stock: PDS Research House: JM Financial Advice: Buy Stock Price: Rs 441 1-year Target Price: Rs 780 Potential Upside: 76.9% Comment: Maintain ‘buy’ as increased outsourcing by global retailers, manufacturing operations turnaround, newer revenue streams and expanding US market penetration will support strong top-line growth over three years.

3 top stock recommendations from CA Rudramurthy BV

Let us see how even budget comes out and then take aggressive position. So, for sure, this is not the time to take aggressive position, not to be in high beta and one has to have reduced leverage and risk management will hold the key if you are a very short-term trader.

2 top stock recommendations from Aditya Arora

​I think yes, one should maintain neutral to bullish bias over there and do not go short on the market. A lot of people have a bearish view on the market, but until these levels are not taken out, one should not think of shorting the market.

US prosecutors recommend DOJ criminally charge Boeing as deadline looms

U.S. prosecutors recommend criminal charges against Boeing for allegedly violating a 2021 settlement related to two fatal 737 MAX crashes. The Justice Department must decide by July 7 whether to prosecute. The 2021 deal, which included a $2.5 billion settlement, protected Boeing from a fraud conspiracy charge if it overhauled compliance practices. Prosecutors argue Boeing breached this agreement. Potential resolutions include extending the settlement, new terms, or criminal charges. Boeing, disputing the breach, may accept penalties but resists a guilty plea due to potential business impacts. Families of crash victims urge significant fines and prosecution.

2 top stock recommendations from CA Rudramurthy BV

So, you have to be in the right sector and yes, there are lot of good stocks in these sectors which I can give as input and I am very clear this market is a buy on every dip, no shorting whatsoever but however I will also tell you managing leverage, managing your quantity and being in the right stock and sectors is very-very important because the trigger should not wash you out of the market. Being in the game is very important to win the game.

2 top stock recommendations from Rahul Sharma

I think it is more of a traders market where stock specific bets do well. Today, we are seeing very good movement happening in metals and mining. Yesterday, it was banks. So, selectively sector rotation is happening within the market and we feel that unless and until the Nifty index gives a broad breakout or breakdown on the daily charts, it is best to stick to stock specific action.

Stocks to buy: 5 stocks to watch out for an upside of up to 66%

Stock: Hindustan Construction Research House: Elara Capital Advice: Buy Stock Price: Rs 38 1-year Target Price: Rs 63 Potential Upside: 65.8% Comment: Initiate with ‘buy’ due to significant opportunities in key sectors, debt reduction, strong project completion experience, expected order inflows in 2024-25, and robust growth prospects in 2025-26.

Dharmesh Shah's top stock recommendations from auto sector

So, for the Nifty, we believe we should be targeting 23,800 by next week and for the Bank Nifty, 51,000. Therefore, the strategy should be to buy the dip, with strong support placed around 23,100.