Buy, hold or sell? Spotlight on 4 large cap stocks OIL India CLSA has upgraded it to buy from underperform stating that stock a play on recovery in Brent to USD 60 per barrel in 12 months. It says higher EPS drives an increase target to Rs 450 per share. It says continued efforts to bring down subsidy burden and rise in gas production are possible triggers for the stock.
Eicher Motors Credit Suisse maintains neutral rating as it is negative on mass 2-wheelers. It has increased target to Rs 24500 from Rs 23000 per share. It says growth profile remains well ahead as it is a most attractive 2-wheeler stock. It sees 35 percent earnings CAGR over FY16-19 for company versus 10 percent for Hero and Bajaj. It expects profit growth to remain ahead of volumes. Jubilant Food Citi cuts target to Rs 945 from Rs 995 per share and maintains sell rating. It is worried about consistent fall in average revenue per store as store roll-outs fall to a 20quarter low. It expects sequential pick-up as management maintains 130-140 stores guidance for FY17.
According to these stocks views on stock market investor will get confused about buy hold and sell what to do? Take advice from best advisory company, we provide best free equity market tips with complete analysis of stock market and stocks. Tata Motors Citi raised target price to Rs 665 from Rs 530 per share as Jaguar Land Rover is likely to blaze a path out of rough terrain. It says weak British pound should benefit company’s margin.
Gold futures rise 0.18% on global cues Tracking a firm trend overseas, gold traded higher by 0.18 per cent to Rs 31,581 per 10 grams in futures market today as traders enlarged positions. At the Multi Commodity Exchange, gold for delivery in December rose by Rs 58 or 0.18 per cent to Rs 31,581 per ten grams in business turnover of one lot.
Similarly, the yellow metal for delivery in October contracts traded higher by Rs 56 or 0.18 per cent to Rs 31,434 per ten grams in 152 lots. As oil prices up in Asia, it’s a good chance for investor to invest in crude oil, we offer bullion market tips with analysis of mcx commodity market and accuracy. Analysts attributed the rise in gold futures prices to a firming trend overseas where gold built on its biggest daily increase since June and traded near the highest in almost three weeks as the dollar weakened amid diminishing chances of a US interest-rate rise in September.
Meanwhile, gold rose 0.2 per cent to USD 1,352.16 an ounce in Singapore.
Nifty opens above 8950, Sensex firm; TCS, SBI, Wipro gainers The market has opened on a strong note Wednesday. The Sensex is up 66.37 points or 0.2 percent at 29044.39, and the Nifty is up 25.70 points or 0.3 percent at 8968.70. About 351 shares have advanced, 76 shares declined, and 24 shares are unchanged.
TCS, SBI, Wipro, ICICI Bank and GAIL are top gainers while BHEL, Bharti, HDFC and Reliance are major losers in the Sensex.
Market is opened higher it is a great sign to invest and earn profit. To obtain high accuracy calls for profit join equity market tips service. The Indian rupee appreciated further, hitting more than four-month high. The currency has opened at 66.36 a dollar, up 16 paise compared with previous day's closing value of 66.52 a dollar. The upside in currency was largely on account of weaker dollar after likely delay in Fed rate hike.