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Haitong has initiated a coverage on One 97 Communication (Paytm) with an ‘Outperform’ rating for a target of Rs 1,410, implying an upside of 26%. The Hong Kong-based brokerage is betting on Paytm’s leadership position in retail digital payments in India which is only growing.
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Even as the Nifty slips over a percent, one technical analyst sees opportunity hiding in plain sight. Rajesh Bhosale of Angel One is flagging two stocks flashing strong buy signals right now and says individual counters can deliver even as the broader index consolidates.
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NSE BSE Holiday Today: Domestic stock exchanges NSE and BSE will be shut for trading on Tuesday due to Dr. Ambedkar Jayanti holiday. There will be no trading on NCDEX, while MCX will resume trading in the evening session.
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Foreign institutional investors (FIIs) quietly increased their exposure to Suzlon Energy in the March quarter, even as they pulled out more than Rs 1 lakh crore from Indian equities during the same period.
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