Nirmal Bang

Indian Stock Market looking positive: Nirmal Bang

India Stock MarketsThe markets ended marginally higher after a huge volatile ses

Oil Falls Below $50 Per Barrel

Oil Fell Below $50 Per BarrelGold rates dropped to a one-week low on Thursday (April 17) as higher U. S. equities broke safe-haven demand, and the bullion market showcased signals of a slump in investment demand and technical selling.

Slow physical buying was also offering little support to prices. U. S. gold future for June delivery fell $13.70 at $879.80 per ounce on the COMEX Division of the New York Mercantile Exchange.

Sell ONGC – Nirmal Bang

Oil & Natural Gas Corporation Nirmal Bang Research has suggested investors to 'sell' ONGC stock as there are full chances of a downward trend in this stock in the coming days.

According to report, investors can sell the stock with a strict stop loss of Rs 880 to achieve a target that lies between Rs 790-740.

Today (April 17), the stock opened at Rs 860, as against its last closure at Rs 851.75 on the Bombay Stock Exchange (BSE) on Thursday (Feb 16). Current EPS & P/E ratio stood at 76.03 and 11.47 respectively. The share price has seen a 52-week high of Rs 1124 and a low of Rs 538.10 on BSE.

Buy Ranbaxy Laboratories - Nirmal Bang

Buy Ranbaxy Laboratories - Nirmal BangNirmal Bang has maintained its ‘Buy’ rating on Ranbaxy Laboratories to achieve a target between Rs 225-240 within 1-5 days.

Interested traders can buy the stock on dips with a stop loss of Rs 210.

Shares of the company, on Wednesday (April 15), closed at Rs 199.85 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 613.70 and a low of Rs 133.15 on BSE.

Buy HDFC, Target Rs 1910: Nirmal Bang

Buy HDFC, Target Rs 1910: Nirmal BangNirmal Bang Research is bullish on HDFC and maintained ‘Buy’ rating on the stock to achieve a target of Rs 1910 within 1-5 days.

Traders can buy the stock on dips with a stop loss of Rs 1825.

Shares of the company, on Wednesday (April 15), closed at Rs 1771.55 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 81.46 and 21.23 respectively. The share price has seen a 52-week high of Rs 2950 and a low of Rs 1116.10 on BSE.

Buy Bharti Airtel - Nirmal Bang

Buy Bharti Airtel - Nirmal BangNirmal Bang has maintained its ‘Buy’ rating on Bharti Airtel to achieve a target between Rs 725-745 within 1-5 days.

Traders can buy the stock on dips with a stop loss of Rs 705.

Shares of the company, on Wednesday (April 15), closed at Rs 685.10 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 39.31 and 12.47 respectively. The share price has seen a 52-week high of Rs 950 and a low of Rs 484 on BSE.

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