Market Watch: How lucrative is Burger King IPO for retail investors?

Welcome to ETMarkets Watch, the show about stocks, market trends and money-making ideas. I am Atul PM and here are the top headlines at this hour. UK approves Pfizer Covid vaccine; to be available from next weekBurger King IPO subscribed over 2 times on Day 1BPCL receives three bids: Oil ministerTata Group in advanced talks […]

Nifty needs to close below 12,790 to negate bullish set-up: HDFC Securities

Nifty outlook After a pause on Friday, Nifty resumed its uptrend on Tuesday where it gained 140 points to close at 13,109 levels. The markets’ trend is still bullish with higher top higher bottom formation on the daily and weekly charts On the lower side, recent swing low of 12,790 will act as […]

Tata Motors rises 4%, hits 10-month high post November domestic sales

Shares of Tata Motors rose 4 per cent to 10-month high of Rs 186.75 on the BSE on Wednesday after the company reported 26 per cent year on year (YoY) growth in total domestic sales at 47,859 units in the month of November 2020. It had sold total 38,057 units in domestic market. […]

Weekly stock suggestions by Religare Broking: Buy TVS Motors, Sun Pharma

Sun Pharmaceutical Industries Limited Recommendation: Buy Last Close: 539.35 Initiation range: 535-540 Target: 575 Stop loss:520 Sun Pharma has witnessed a breakout from an inverted head and shoulder pattern (acting as continuous) on December 1, after spending nearly 3 […]

SBI Life insurance share price: Buy SBI Life, target price Rs 1050: Motilal Oswal

Motilal Oswal has buy call on SBI Life Insurance with a target price of Rs 1050. The current market price of SBI Life Insurance Company Ltd. is Rs 862. SBI Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 86024.23 Crore) operating in Financial […]

Shree Cement, Motherson Sumi, Sundram Fasteners hit 52-wk highs

Shares of Shree Cement, Motherson Sumi Systems, Aegis Logistics, Godrej Properties, HFCL, and Sundram Fasteners from the S&P BSE500 index hit their respective 52-week highs on the BSE on Tuesday. These stocks surpassed their previous high recorded between December 2019 and February 2020. Besides these, as many as 49 stocks from […]

Chinese automaker Kandi plunges nearly 30% after short-seller Hindenburg accused it of fabricating sales to raise $160 million from US investors

Chinese automaker Kandi’s shares sank as much as 30% on Monday after Hindenburg Research accused the company of faking sales to raise $160 million from US investors. Shares in the company continued to slide in pre-market trading on Tuesday after the short-seller reported more than half of Kandi’s sales this year were made to its […]

sbi share price: Buy State Bank of India, target price Rs 300: Motilal Oswal

Motilal Oswal Financial Services has buy call on State Bank of India with a target price of Rs 300. The current market price of State Bank of India is Rs 245.8. State Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 220125.54 Crore). FinancialsFor the quarter […]