The market gained in three out of four sessions and closed the holiday-shortened week with nearly a 1% gain. On December 27, it was up by 0.3%, amid consolidation, marking a positive start for the January series. A total of 1,268 shares advanced, while 1,233 shares declined on the NSE. The market is expected to remain rangebound with a positive bias in the upcoming sessions. Below are some trading...

Share of Oil India rose over 3 percent to Rs 594 in the morning on October 10 after Motilal Oswal Financial Services (MOFSL) reaffirmed its 'Buy' rating with a target price of Rs 720. The domestic brokerage highlighted the stock's attractive valuation and a solid outlook for volume growth.Oil India shares have corrected almost 25 percent from their record high of Rs 768 on August 30, following wea...

State Bank of India (SBI) share price jumped nearly 3 percent on October 9 to touch an intraday high of Rs 804.35 per share on the NSE, after a Nomura report set a price target with 25 percent upside potential.Analysts at the global brokerage Nomura have a 'Buy' call on SBI stock with a share price target of Rs 980 per share. Around noon today, SBI shares were trading at Rs 797.45 apiece on the NS...

Brokerages maintained their bullish stance on Bank of Baroda (BoB) after it posted an in-line January-March quarter (Q4FY24) performance. With both profit and net interest income (NII) growing by 2.3 percent year-on-year (YoY) in Q4, analysts view the stock's valuations as attractive for potential re-rating.So far this year, shares of BoB surged over 10 percent, outpacing a 1.5 percent rise in the...

While Axis Bank may go through a period of loan growth moderation, book value compounding should continue to be strong, say analysts, Global brokerage firm Nomura shared a 'buy' call on Axis Bank on attractive valuations, with a target price of Rs 1,250 per share, implying an upside of over 20 percent from the current level (Rs 1,034).So far this year, the stock of this private sector lender has d...