The shares of Indian automakers sharply surged on September 4, after the GST Council approved a slew of reforms to the tax regime. The sharp rise in the share prices pushed the Nifty Auto index up more than 3 percent.The Nifty Auto index was hovering around 26,612.20, the highest level seen in nearly 11 months.During its meeting which concluded on September 3, the Goods and Services Tax (GST) Coun...

The benchmark indices rallied for the first time in the last four sessions, with the Nifty 50 rising 0.57 percent on July 29. The market breadth was also supported by the bulls. A total of 1,744 shares advanced compared to 916 declining shares on the NSE. The market is expected to remain rangebound and consolidative in the upcoming sessions. Below are some short-term trading ideas to consider:Amol...

Equity benchmarks retreated some of their previous day’s gains, with the Nifty 50 falling 1.4 percent on May 13 due to profit booking. However, market breadth remained positive. About 1,746 shares advanced compared to 851 declining shares on the NSE. Given supportive technical indicators and the easing of most concerns, the index is likely to gain momentum despite intermittent consolidation. Bel...

The benchmark indices continued to trade higher for the third consecutive session on January 17, with the Nifty 50 rising 0.4 percent. The market breadth was positive, as about 1,891 shares saw buying interest against 620 declining shares on the NSE. The market is expected to consolidate as long as it trades below all key moving averages. Below are some trading ideas for the near term:Chandan Tapa...

DAM Cap On AutosUpgrade Tata Motors To Buy From NEUTRAL, Target At Rs 870/ShUpgrade Escorts To Buy From Neutral, Target At Rs 3,550/ShUpgrade Bajaj Auto To Buy From Sell, Target At Rs 9,750/ShTop Picks: M&M, TVS Motor And RK ForgingExpect Recovery In FY26 Due To Favourable Macros, Though, Near-term Slowdown Is InevitableMOSL On JSW InfraBuy Call, Target At Rs 375/ShCapacity Expansion To Aid Growth...