5 counters crossed their 50-day Simple Moving Average (SMA) on July 27, 2023. Marico and Zydus Wellness take the lead, alongside other prominent companies like Havells India and TCI Express, showcasing positive market momentum and growth potential
Seven stocks crossed their 100-day Simple Moving Average (SMA) on July 26, 2023. Tata Chemicals and Infosys take the lead, along with other prominent companies like Solar Industries India and Eicher Motors, reflecting positive market sentiment and growth potential
After forming a new high the Nifty has now entered a phase of correction even as market participation continues to rise.ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.
Stocks that were in focus include names like Tata Motors DVR, which was up more than 12%, TCI Express, which rose more than 5%, and L&T, which closed with gains of over 3% to hit a fresh 52-week high.
Decline in oil prices from their highs and staying at a stable level. Increased economic activity are tailwinds which logistics companies have been getting for the last two quarters. While it is a tough task to make a guess on the oil prices, given the fact that despite the self imposed cut in oil production by Saudi Arabia, crude oil prices have still not seen any sustained uptrend. So the probability of a major headwind does not seems to be close by. The list of the logistic companies is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.