The Nifty50 hit a fresh record high in the morning trade on Tuesday, supported by positive global cues. The action was equally strong in the midcap space. The Nifty midcap index rose to a fresh high of 18,021.10, while the BSE midcap index rose to a fresh record high to 14,723.94 in morning trade.
The small and midcap stocks stood out in terms of returns delivered when compared to largecap stocks. The rally in the broader market is likely to continue, but investors should adopt bottom-up approach while picking midcap stocks.
Stock Tips By Experts For Today
Wipro, M&M Financial Services, LIC Housing Finance, ICICI Prudential Life Insurance, IDFC Bank, Indian Bank, International Paper, Nucleus Software Exports, Persistent Systems, Swaraj Engines, Tayo Rolls, Welspun India, Zee Learn, Zensar Technologies.
- Citi maintained its buy call on the stock with an increase in its bull case target to Rs 1,923 due to higher Jio valuation and lower peak net debt.
- Deutsche Bank reiterated its buy call on the stock with an increase in target price to Rs 4,750 from Rs 4,560.
Commodity Call SELL SILVER MAY IN THE RANGE OF 41100-41000 TARGETS 40700/40400 STOPLOSS 41400 .
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Gold rates rose on this Thursday as investors bought the secure haven metal on misgivings about whether the U. S and China will close a trade deal after the President, Donald Trump signed a legislation sustaining Hong Kong protesters. Free MCX Tips
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