Wednesday, 20 June 2018

Morgan Stanley sees Sensex at 44,000 by June 2019 in a bull case, focuses on these 20 stocks

In a bear case scenario, Morgan Stanley sees a 20 percent probability of the Sensex heading lower to 26,500 levels. Global investment bank Morgan Stanley has a June 2019 Sensex target of 36,000 under its base case scenario. This means the index would trade below its historical average at just under...

Portfolio picks: These 5 stocks can be multibaggers in the next 2-3 years

His favoured picks in the IT space are Tata Consultancy Services, Infosys and Hexaware Technologies.    If the monsoon remains normal as predicted by the India Meteorological Department, we will see a dovish stance from the Monetary Policy Committee accompanied by a 25 bps rate hike...

Stay cautious on short build-up by FIIs; 3 stocks that may return up to 13%

If the Nifty falls below the 10,680 mark, it could correct to 10,500 levels on the back of further selling.    A sharp sell-off was seen in the Nifty due to liquidation of long positions as traders turned cautious amid US-China trade tensions. The recent market data has turned slightly...