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Stocks to buy for the short term: A deeper-than-expected 50 bps rate cut drove the Indian stock market benchmark Nifty 50 above the 25,000 mark on Friday, June 6. The index ended the week over a per cent higher, snapping its two-week losing run. According to Jigar S. Patel, Senior Manager of Equity Research at…
Stocks to buy for the short term: The Indian stock market benchmark Nifty 50 slipped 1.4 per cent last week, snapping a three-week winning streak amid heightened tensions between India and Pakistan. However, foreign institutional inflows, healthy macro indicators, such as record GST collections in April, stable Q4 results and a weaker US dollar capped…
Stocks to buy for the short term: After two consecutive weeks of losses, the Indian stock market benchmark Nifty 50 rose 4.5 per cent in the holiday-shortened week as a pause in US reciprocal tariffs boosted sentiment. Buying by foreign portfolio investors (FPIs) and the forecast of an above-normal monsoon also boosted sentiment. FPIs bought…