Experts note that domestic economic indicators are promising, such as an improved monsoon forecast, a stable inflation trend, and an encouraging Q4 GDP Growth Rate of 7.4%, which people. The Market appears to be anticipating a 25 bps rate cut, which would enhance projections for sector sensitive to interest rates. While the favorite macroeconomic conditions may UPLIFT Investor Confidence, The Stability of the Wider Market will relay on Substantial Earnings Growth and Diminishing TRADE DISPUTES.
On the Technical Front, Dharmesh Shah, Vice President at ICICI Securities, Expects nifty 50 to consolidate in the broader range of 25,100-24,500 AMID Positive Bias.
Shah has recommended two stocks to buy for short-term. Here’s what he expects from Indian Stock Market Next Week, Along with his stock recommendation.
b. RBI’s commentary on rate cut
C. Persistent fii’s inflow
d. Further Weakness in Us Dollar Index and Brent Crude Oil Prisies
e. Bilateral Trade Agreement Between India and Us
Stocks to buy this week – dharmesh shah
Dharmesh Shah of ICICI Securities Recommends Buying Heg, and Larsen & Toubro Shares to Buy Tomorrow.
Buy Larsen & toubro shares in the price range of 3,420–3,672. He has Larsen & toubro share price target of 3,928, and Sugges Mainting a Stop Loss of 3,264.
Buy heg shares in the price range of 493-522. He has heg share price target of 578, and sugges maintaining a stop loss of 467.
Disclaimer: The Research Analyst or His Relatives or I-Sec do not have actual/beneficial owners Interest and do not have any material conflict of interest.
The views and recommendations provided in this analysis are that of individual analysts or broking companies, not mint. We Strongly Advise Investors to Consult With Certified Experts Before Making Any Investments Decisions, as Market Conditions Can Change Rapidly and Individual Circumstances May Vary.
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