REDWOOD (MOFSL)
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3️⃣Things That Will Decide The Market Today 📈
🔴 GIFT NIFTY traded 23 points lower at 22,470 signalling that the Indian stock market is headed for a negative start today.
🔴 Gold prices hit fresh all-time peaks on Monday with stocks on Wall Street closing mixed as optimism that the Federal Reserve was near to cutting interest rates faded due to a strong U.S. economy that rebuts the need for cuts anytime soon.
🔴 The volatility index India VIX went down 6% to the levels of 12.08 hinting an easing volatility in the market
Motilal Oswal’s Daily Fundamental and Technical Picks
Fundamental Picks (for more than a year)
1) Godrej Properties - Target - 2855 (20%)
2) GAIL - Target - 215 (17%)
3) Bajaj Fin - Target- 8500 (17%)
4) Adani Ports - Target - 1600 (16%)
5) Titan - Target - 4300 (15%)
Technical Pick (for 2-3 Days)
Bank Of Maharashtra
Previous close - 65
Target - 71
Potential upside - 4%
2800
GIFT Nifty -49(22554),Hangseng +417,Nikkei +50,Shanghai -5,Dow Jones -241,Dow Fut -125,Nasdaq +17,Nasdaq Fut -25,Gold 68331,Silver 75532,Crude 6997,INR/1USD 83.44.
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#PollAlert
Maruti Suzuki India Ltd. shares reached an all-time high of Rs 12,724 this week, with its market capitalization crossing the Rs 4 lakh crore mark. Source: CNBC TV 18 Do you think the stock will continue this momentum in the upcoming quarter?Anonymous voting
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Do you think the stock will continue this
momentum in the upcoming quarter?
AAnonymous voting
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#PollAlert
Maruti Suzuki India Ltd. shares reached an all-time high of Rs 12,724 this week, with its market capitalization crossing the Rs 4 lakh crore mark.
Source: CNBC TV 18
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