Why analysts see more steam in this city gas distributor’s stock?

Analysts cite untapped opportunities, steady cash flow, healthy margins and high return ratios among the reasons to go bullish on this stock, even though they believe possible fresh lockdown in the Mumbai region could pose short-term risk to volume recovery….

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Exploration stocks surge as oil prices rally on vaccine hope; ONGC up 4%

Oil prices hit their highest level since March amid news flow related to smooth US presidency transition and encouraging developments on the Covid-19 vaccine front …

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Indian stock market rally to continue in 2021 on vaccine hopes

The Nov. 12-24 Reuters poll of over 35 equity strategists predicted the BSE Sensex index, which is currently trading at a record high, would set new all-time peaks in the next year. It was forecast to rise about 3% from Tuesday’s high to 45,750 by mid-2021….

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UTI AMC gains 3%, trades above issue price for the first time since listing

JM Financials Institutional Securities recently initiated coverage on UTI AMC with a ‘BUY’ rating and a target price of Rs 700 …

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Gold prices today drift to Rs 48,500 level; here’s why

In the spot market, gold prices plunged by Rs 1,049 to Rs 48,569 per 10 gram in the national capital on Tuesday following weak global cues and rupee appreciation, according to HDFC Securities….

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HDFC Bank m-cap crosses Rs 8-trillion mark; stock zooms 30% in 3 months

In the past month, HDFC Bank has outperformed the market by gaining 17 per cent, against 10 per cent rise in the S&P BSE Sensex …

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Stocks to watch: Muthoot Finance, Sreeleathers, Tata Chemicals, banks, SBI

Here’s a list of stocks that may trade actively in today’s session. …

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Oil takes breather after vaccine rally as stockpiles rise

West Texas Intermediate crude was down 14 cents, or 0.3%, at $44.77 a barrel by 0035 GMT, after rising more than 4% on Tuesday. Brent crude was yet to trade, having risen almost 4% in the previous session. …

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Nifty could hit 13,150-13,200 in the coming sessions: HDFC Securities

Nifty50 index also remains above the 20-day SMA and has now closed at a new life time high after clearing the recent highs of 12,963 …

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