Buy Larsen & Toubro; target of Rs 1650: Motilal Oswal

Motilal Oswal’s research report on Larsen & Toubro Larsen & Toubro (LT) is on track to meet its guidance of zero-to-marginal growth in FY18 orders. We expect orders of INR462b (flat YoY) in 4QFY18 and build in a 5%/10%/14% growth in LT’s order inflows for FY18/ FY19/ FY20. General elections in May 2019 will impact […]

Top 10 Stocks To Invest In Right Now

Monday November 20: Five things the markets are talking about The collapse of the German coalition talks over the weekend would suggest that Germany is no longer the role model of ‘political' stability. Europe's strongest economy has the possibility of three options ahead, a minority government, a continuation of the current grand coalition or new […]

Hot Cheap Stocks To Watch Right Now

L Brands Inc. (NYSE:LB) is another retail stock that has been falling out of bed over the last year, joining many other retailers that have been slow to push their online and social strategies, and has done so poorly. Is no one listening to Gary Vaynerchuk? The problem actually comes from both sides, the massive […]

Accumulate AU Small Finance Bank, target Rs 775: Shitij Gandhi

Shitij Gandhi The smart recovery in AU Small Finance Bank has been seen in prices in recent weeks. The stock held back above its 200-days exponential moving average (DEMA) on the daily interval. Since past few weeks, the stock has been seen consolidating in range of Rs 680-650. However, in Tuesdays session, a fresh breakout […]

Mid-Afternoon Market Update: Dow Rises 250 Points; Chipotle Shares Spike Higher

Toward the end of trading Thursday, the Dow traded up 1.07 percent to 24,341.85 while the NASDAQ climbed 1.81 percent to 7,130.33. The S&P also rose, gaining 1.20 percent to 2,671.10. Leading and Lagging Sectors Thursday afternoon, the information technology shares gained 2.42 percent. Meanwhile, top gainers in the sector included PCM, Inc. (NASDAQ: PCMI), […]