Adani Ports wins hot seat in Sensex as Wipro shown the door indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Check the brokerage calls and comments on the stocks in action. Today we cover Jubilant Food, Ramco Cements, PNB Housing Finance and others following their Q4 results
Sanjiv Bhasin of IIFL Securities advises caution in investing in defence and railway stocks due to unfavorable prices. He mentions selectively booking profits in PSUs like Vedanta, Nalco, and SAIL, which have performed well in the metal space. Bhasin says he would put my money on Coforge and thinks this stock can revisit those levels of 6,000 once Cigniti acquisition goes through smoothly.
India Business News: Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Wednesday. BSE Sensex moved up over 100 points and Nif
162 companies to report Q4 earnings on Wednesday. Nykaa expects 24% BPC and Fashion GMV growth, while Paytm faces a revenue decline from RBI actions. Analysts also predict pressure from discounting and lower advertising income.