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Shares of Bajaj Auto fell 3% at Rs 8,753 on Friday after the two-wheeler major reported a standalone net profit of Rs 1,936 crore for the quarter ended March 31, 2024, which was up by over 35% from Rs 1,432.88 crore reported by the company in the year-ago period.
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MarketSmith suggests considering ITD Cementation, Neuland Laboratories, Arvind Smartspaces, Sharda Motor Industries, and Choice International as potential buys based on various financial and technical indicators.
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Investors monitor Sensex behavior during Lok Sabha election. FPIs sell Indian stocks. Hope for a good monsoon. Structural growth opportunity in Indian equities. Tata Steel, JSW Steel, Tata Motors, and HAL among recommended stocks.
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Israel reportedly attacked Iran in retaliation for a recent drone strike by Iran. The attack coincided with Ayatollah Khamenei's birthday, sparking speculation. Khamenei, Iran's Supreme Leader, wields significant power and leads the IRGC. Earlier, Iran retaliated against Israel for an attack in Syria. Khamenei vowed revenge, emphasizing Iran's territorial integrity. Khamenei's background reveals his journey to power in Iran's turbulent history.
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Citigroup maintains buy on HDFC Life, target Rs 710. JPMorgan overweight on Bajaj Auto, target at Rs 10,000. Citigroup has sell on TVS Motor.
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