Sun, Nov 17, 2024 5:38 PM
BHARAT DYNAMICS Q2 Results 2024: Profit Falls by 16.7% YOY
A Flip by Shubhangi Gupta
If Nifty holds 23,500, a retest of the 24,500–24,600 resistance zone is possible. Signs of the index being oversold suggest a sideways movement or potential bounce in the coming sessions. Stocks to Buy- 📌Info Edge India: Buy at ₹7,768 | Target Price at ₹7980 | Stop Loss at ₹7,680. 📌Max Financial Services: Buy at ₹1,232 | Target Price at ₹1,275 | Stop Loss at ₹1,200.
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This week belongs to Nvidia and its CEO Jensen Huang. Not to Donald Trump. Not to any of his cabinet nominees. Not to the incoming Republican majorities in the U.S. Senate or the House of Representatives. They are expected to dominate the market this week, with the company expected to report 74 cents a share in earnings, up 85% from a year ago, and revenue jumping 81.1% to $32.8 billion.
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Lowe's Companies is set to report third-quarter results before the bell Tuesday, with analysts expecting sales to decline year over year. Lowe's and rival Home Depot have reported falling sales in recent quarters as discretionary spending has declined. Analysts said sales in the professional contractor market will be a key point to watch as do-it-yourself sales remain pressured by inflation.
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