Jefferies likes plays on power sector such as Coal India Ltd and JSW Energy; two-wheeler makers such as TVS Motor Ltd and Eicher Motors, telecom operator Bharti Airtel and capital goods firms namely Adani Ports and Kajaria Ceramics.
SBI, Hero MotoCorp, Spandana Sphoorty, Larsen & Toubro and Dalmia Bharat are among Motilal’s top stock picks. Nifty is trading at a 12-month forward PE ratio of 19 times, which is at a discount to its 10-year average, it said.
On November 15, Wednesday, StockEdge sounded the alarm with over 6 stocks witnessing a downtrend in their Relative Strength Index (RSI). ETMarkets investigates the significance of RSI and spotlights these stocks, providing investors with insights into the importance of assessing stock movements through the lens of RSI.
On November 12, Sunday, StockEdge unveiled a compelling trend with over 49 stocks witnessing an uptrend in Relative Strength Index (RSI). ETMarkets spotlights these stocks, delving into the importance of RSI and why investors should pay attention to this crucial indicator.