11 Best Stock Market News: India’s stock benchmarks rose, aided by gains in healthcare, energy and consumer durables stocks, amidst weak global cues after the first confirmed case of omicron covid-19 strain and Federal Reserve chair’s reiteration of the need of faster tapering of stimulus sapped sentiment.
Stock Recommendations
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Thermax Reports Sequential Growth In Net Income In Q2; Shares Climb 12%
Shares of Thermax Ltd. rose nearly 10% in intraday trade, the most in over seven months, to Rs 1,499 apiece after the company reported sequential growth in net profit and revenue in the second quarter, post market hours Wednesday.
Paytm IPO – Risks, Investment Rationale, Strengths, Key Strategies
One 97 Communications Ltd. (Paytm) is India’s leading digital ecosystem for consumers and merchants as we have built the largest payments platform in India based on the number of consumers, number of merchants, number of transactions and revenue as of March 31, 2021 according to RedSeer.
Analyst Stock Recommendations [08-11-2021] | Neal Bhai
Analyst Stock Recommendations:
- Eicher Motors raised to ‘add’ and Buy for price target: Rs 2,795
- Divi’s Labs cut to ‘reduce’ at Neal Bhai price target: Rs 4,628
Stocks for Today: Glenmark Pharma, Max Financial, Tata Power, Petronet LNG, Prestige Estates, Bata, GAIL
Equity benchmarks Sensex and Nifty ended marginally lower yesterday following losses in index majors Reliance Industries Ltd, ICICI Bank and HDFC twins. The S&P BSE Sensex fell 0.1% at 52,275.57, while NSE Nifty 50 Index declined slightly to 15,740.10.