Wednesday, 19 September 2018

Nifty likely to trade sideways ; 3 stocks which could give 5-11% return

Upside for Nifty is expected to be capped on a short-term basis. We remain selective on specific stocks only and avoid aggressive long positions.   Despite outlining government’s measures to strengthen domestic currency and narrow current account deficit, the India equity market continued...

Global brokerages see limited upside for Indian market. Here are 10 strong buys for 1-2 years

Goldman Sachs, which was strategically overweight on India since March 2014, has turned slightly cautious towards Indian market in 2018 and lowered its investment view to marketweight from overweight earlier.    While bulls were in full control until last month, September is turning...

Macquarie raises Nifty 1-year target to 12,000, says macro risks higher but not alarming

Macquarie feels the valuation risk is limited to benchmark indices while midcap is still vulnerable.   Macquarie India believes cyclical recovery is clearly getting broad-based with infra having turned around and real estate is at the inflection point. The global brokerage house said the...