"Indian IT services growth would continue to outpace the global market and other key geographies materially," said Prabhudas Lilladher
Sebi's proposed changes will significantly impact discount brokers, whose business relies heavily on retail F&O trades, Vora said in this interview
Nifty is comfortably trading at 15-year average PE of 19.2x. As long as valuations are not frothy in large caps, there's not much to worry about, said Siddharth Vora of Prabhudas Lilladher
Some of the tailwinds identified by the brokerage are a normal monsoon and stable global commodity prices helping tame inflation and boost rural demand
The rally in microcap stocks, according to Devarsh Vakil, Deputy Head of Retail Research, HDFC Securities, has been on the back of growth in earnings in a lot of these companies
"Nifty is not in a bubble zone as it is trading at a 17.2 per cent discount to the 10-year average which provides comfort," said Amnish Aggarwal, head of research at Prabhudas Lilladher
Acquired stakes of partners Arun Sheth, Dhiren Sheth and Dilip Bhatt. Vora will now serve as chairperson and MD of PL Group
Tata Consumer seems to have bottomed out near Rs 700 level, and has gradually picked up momentum to improve the bias, says the technical analyst from Prabhudas Lilladher
After the correction, the stock of Bata India has taken support near the trendline support zone of 1,850 and has indicated a reversal to bottom out
The stock of Rallis India has picked up momentum with improved bias and positive bullish candle to move past the significant cluster of 200DMA and 50EMA levels
Stocks of PTC India and Indo Count can see a 10-14 per cent upside from current levels
Mahindra & Mahindra has made a triple bottom formation on the daily chart, can target Rs 850 on the upside, says the technical analyst
The stock of Bajaj Consumer, after a decent correction, has bottomed out near 245 level
Kaveri Seeds chart indicates a trend reversal, while Piramal Enterprise is in a rising channel pattern
The stock of BSE has witnessed a decent correction from 1,400 level and has bottomed out at 1,070, near the significant 50EMA level of 1,065, and is showing signs of reversal
IndusInd Bank stock has managed to move past the 50EMA level of Rs 1,000 and improve the bias
Parekh suggests buying and accumulating M&M stock for an upside target of Rs 820-850, keeping the stop loss of Rs 710
The stock of TCS has corrected and has bottomed out near 3,170 level, taking base near the trendline support zone
Kotak Bank stock has been moving within a tight range for quite some time and is currently taking support near the significant 200DMA level of Rs 1,737
The RSI is indicating strength with a trend reversal to make the Escorts chart look attractive with potential upside scope in the coming days