The zone of 22,700-22,650 will act as immediate support for the Nifty 50 as the prior swing low and trendline support are placed in that region. On the upside, the 23,200-23,250 will act as a crucial hurdle for the index, said Sudeep Shah.
All the sectoral indices ended in the red this week with Nifty Realty index shed 9.4 percent, Nifty Media fell 8 percent, Nifty Energy index declined 7 percent, Nifty Auto index shed 6 percent, Nifty Pharma down 5.7 percent and Nifty PSU Bank index shed 5.2 percent.
During the week, the Indian rupee tested fresh record low of 87.95 but managed to close 59 paise higher at 86.83 per dollar on February 14 against the February 7 closing of 87.42.
Agarwal invests in companies that are expanding faster than their respective industries, operating in large markets with substantial Total Addressable Market (TAM), and capable of doubling earnings within three years.
The two suggest that banks are trading at significant discounts to their historical price-to-earnings (PE) multiples, with even large banks below 15 times earnings, making them attractive.
Vincent Commercial Company Limited bought 6.15 lakh shares (0.71 percent stake) in Moksh Ornaments.
Benchmark indices closed in the red for the seventh session in a row on Friday, with Sensex falling by by 199.76 points and Nifty by 102.15 points.
Samvardhana Motherson's EBITDA improved to Rs 2,776 crore during the quarter which ended on December 31, 2024.
Nifty back above 22,900 after testing January lows. Mid & smallcaps also see recovery. NSE advance-decline ratio at 1:7. Pharma, metals, PSU banks, media among top laggards. Catch Nandita Khemka and Yatin Mota in conversation with Shrikant Chouhan, Head of Equity Research, Kotak Securities
Aside from reciprocal tariffs, US President Trump has teased imposing tariffs on several import heavy sectors, including pharmaceuticals.
FACT Q3 earnings: Declining revenue and weak operational performance put significant pressure on the company's profits.
HCC reported a net loss of Rs 216 crore in Q3FY25, a stark contrast to the Rs 68.5 crore profit
Motilal Oswal recommended Neutral rating on Muthoot Finance with a target price of Rs 2300 in its research report dated February 13, 2025.
Motilal Oswal is bullish on Power Finance Corporation recommended buy rating on the stock with a target price of Rs 475 in its research report dated February 12, 2025.
LKP Research is bullish on Crompton Greaves Consumer Electricals has recommended buy rating on the stock with a target price of Rs 425 in its research report dated February 13, 2025.
LKP Research is bullish on Ashok Leyland has recommended buy rating on the stock with a target price of Rs 266 in its research report dated February 13, 2025.
Prime Minister Narendra Modi and US President Donald Trump announced plans to move forward with building American-designed nuclear reactors in India
KR Choksey is bullish on Lupin has recommended buy rating on the stock with a target price of Rs 2472 in its research report dated February 13, 2025.
KR Choksey recommended accumulate rating on Devyani International with a target price of Rs 180 in its research report dated February 13, 2025.
Sharekhan is bullish on Zydus Wellness has recommended buy rating on the stock with a target price of Rs 2121 in its research report dated February 13, 2025.
Phoenix Mills shares were the top loser on the index, falling 3.3 percent to trade at Rs 1,547 apiece. The stock is currently hovering near its 52-week-low record of Rs 1,215 apiece.
Anand Rathi is bullish on Kajaria Ceramics has recommended buy rating on the stock with a target price of Rs 1563 in its research report dated February 11, 2025.
Prabhudas Lilladher is bullish on Imagicaaworld has recommended buy rating on the stock with a target price of Rs 97 in its research report dated February 13, 2025.
Prabhudas Lilladher is bullish on Endurance Technologies has recommended buy rating on the stock with a target price of Rs 2592 in its research report dated February 13, 2025.
Prabhudas Lilladher recommended accumulate rating on Ipca Laboratories with a target price of Rs 1700 in its research report dated February 14, 2025.