Mon, Sep 21, 2020 10:38 AM
Chemcon Speciality Chemicals IPO opens today: Should you subscribe?
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On the daily chart, a dark cloud cover pattern is observed, indicating a potential bearish reversal. Stocks to buy: 📌Housing And Urban Development Corp Ltd: Buy at ₹227 | Target price: ₹250/260 | Stop Loss: ₹214 📌Deepak Nitrite Ltd: Buy at ₹2450 | Target price: ₹2600/2800 | Stop Loss: ₹2300 📌City Union Bank Ltd: Buy at ₹160 | Target price: ₹175/185 | Stop Loss: ₹150
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It is often true that the Indian stock market may not endure its stellar growth for FY25. However, the economy aims to maintains its momentum seen over the last 3 years. India's booming industries are propelling it to the forefront of global economic growth.As FY25 begins, the market grapples with various challenges. These encompass volatility linked to national elections, increased tensions.
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Equity markets are impacted more by the expectations of future monetary policy than the policy rate surprises on the day of announcement of the policy by the Reserve Bank, said an analysis.According to a working paper prepared by RBI officials, the regulatory and development measures which are announced along with the monetary policy too impact the stock markets.
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