US Stock Reports, Quotes and News
(Reuters) -The holding company of Italy\’s Agnelli family has overseen a shakeup at the top of two of its major industrial groups, with Scott Wine quitting his post as CEO of farm and construction machinery group CNH to be replaced by Iveco boss Gerrit Marx.
F&O stocks to buy today: Indian market poised for higher trade. Nifty shows bullish sentiment with support at 22000, 21900 levels. Experts recommend buying PVR Inox, Escorts, Bajaj Finance, SBI Cards, Eicher Motors, Crompton Greaves Consumer for short-term trading.
Aditya Arora of Adlytick recommends defensive stock picks like Lupin and Voltas. With the market rebounding from key levels, he says the focus should be on theme-specific smallcaps/midcaps. It is time to be cautious as we are seeing adecline in global tech stocks. Arora says it time to be bullish on sugar and metals.
Sanjiv Bhasin predicts market correction end post Iran-Israel conflict. He recommends ONGC, Vedanta, Indiabulls Real Estate and . advises buying IDFC First Bank, Hindustan Lever and Axis and ICICI banks. Furthern he favours TCS over Infosys, Wipro, LTIM, HCL Tech as top picks. Bajaj Auto is lauded for growth potential while Reliance Industries is expected to deliver strong results.
Sanjiv Bhasin recommends strategic investments in HUL, LTI, and Indiabulls Real Estate. He advises reallocation from heavyweight stocks to capitalize on growth prospects. Opportunities also lie in ICICI Bank, Bharti Hexacom, Voda-Idea, and IDFC Bank. Bhasin further says: \”We are looking at one pullback rally because all negatives are slowly getting priced in. \”
Investing.com– Chinese stocks saw a strong recovery in the first quarter of 2024 amid some improvements in the economy and earnings, Goldman Sachs analysts said in a recent note.