Vijay Agrawal

Buy Kotak Mahindra Bank With Stop Loss Of Rs 461

Buy Kotak Mahindra Bank With Stop Loss Of Rs 461Technical analyst Vijay Agrawal of Unicon Financial has maintained 'buy' rating on Kotak Mahindra Bank Ltd stock with a target of Rs 480.

According to analyst, the investors can hold the stock with a stop loss of Rs 461.

The stock of the company, on November 29, closed at Rs 466.05 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 529.50 and a low of Rs 354 on BSE.

Current EPS & P/E ratio stood at 19.66 and 23.54 respectively.

Rate Cuts By Central Bank May Help In Relief Recovery, Says Vishwas Agarwal

Rate Cuts By Central Bank May Help In Relief Recovery, Says Vishwas AgarwalIndian stock markets opened strong as the central bank slashed the repo and the reverse repo rate by 50 basis points to 5% and 3.5% on Wednesday.

The 30-share index, BSE Sensex belled the day above 8,500 mark at 8,535.03, up 88.54 points, as against its last closure in which it closed with a gain of 19.20 points (0.23%).

Among sectoral indices, the major gainers list included BSE Realty, Metal and Bankex.

Stock Mkt Awaits Encouraging Development For A Sustainable Rally, Says Vishwas Agarwal

Stock Mkt Awaits Encouraging Development For A Sustainable Rally, Says Vishwas AgarwalThe 30-share index BSE Sensex, on Wednesday (Oct 29), belled the day on a positive note on account of heavy buying action by funds on strong worldwide signals.

But, after staying high up in the positive zone for about half an hour, the stock market reversed trend and plummeted into negative in mid morning trade.

After witnessing a volatile session, Sensex finally closed marginally higher, due to settlement of October F&O series.

Upside Not Likely Until RIL & Banking Stocks Recover, Says Vishwas Agarwal

After opening with a gain of 107.79 points at 14,432.08, the 30-share index, BSE Sensex Upside Not Likely Until RIL & Banking Stocks Recover, Says Vishwas Agarwalwent down on account of heavy selling action witnessed in IT, real estate and banking stocks.

BSE Midcap and Smallcap lost 0.73% and 0.41% respectively.

On Thursday (Sep 11), the Sensex marked its closure after losing 338.32 points, whereas the NSE Nifty fell by 109.95 points.

RBI Credit Policy & Fed Meet May Decide Market Course, Says Vishwas Agarwal

The 30-share BSE Benchmark Sensex, on Thursday (April 24), ended on a BSE Sensexstrong note after opening the day with a positive gap of 100 points tracing strong cues from other Asian counterparts.

The Sensex traded in a very narrow range on yesterday. It also touched an intraday low of 16,668.60. The overall market breadth was negative and volumes seen were not also very encouraging.

The BSE Sensex closed up 23.04 points at 16,721.08; whereas the broad-based NSE Nifty ended the day at 4,996.70, down 22.95 points.

BSE Midcap Index closed 0.88% lower and BSE Smallcap Index ended 0.67% up on Thursday.




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