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Stocks to buy this week: What’s the outlook for Nifty? Check list of top stock recommendations – Times of India

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Stocks to buy this week: What’s the outlook for Nifty? Check list of top stock recommendations – Times of India


Top stocks to buy (AI image)

Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, Uno Minda Ltd, and HDFC Life are the top stock picks for this week. Here’s his view on Nifty, Bank Nifty for the week starting August 18, 2025:

Nifty View

The benchmark index Nifty finally snapped its six-week losing streak, closing the week with a healthy gain of 1.10% and reclaiming the 24600 mark. This rebound has brought some relief to market participants after a prolonged phase of weakness. However, the momentum appears to have tapered off in the last two trading sessions, with the index confined to a tight range and forming small-bodied candles — a sign of consolidation after the recent minor pullback.Currently, the Nifty continues to trade below its 20-day and 50-day EMA, with both moving averages trending downward — reflecting the underlying weakness in the medium-term structure. On the momentum front, the daily RSI remains in a sideways zone as per the RSI range shift framework, indicating a lack of clear directional bias. Meanwhile, the MACD histogram continues to hover below both its zero line and signal line, keeping the overall sentiment cautious.In terms of internal strength, as many as 28 out of the 50 Nifty constituents are still trading below their respective 50-day EMA levels, suggesting that the recent recovery has yet to gain strong participation across the index. Overall, while the Nifty has managed to break its losing streak, the technical setup still points to caution until broader participation and a move above key averages confirm strength. Talking about crucial levels, the zone of 24750-24800 will be the crucial hurdle for the index. If the index sustains above the 24800 level, then it is likely to extend its pullback rally upto the 25100 level. While on the downside, the zone of 24470-24450 will act as important support for the index. Any sustainable move below the level of 24450 will lead to resume its southward journey. In that case, the index is likely to test the level of 24250, followed by the 24100 level.

Bank Nifty View

Over the past week, the banking benchmark index Bank Nifty traded in a narrow 654-point range — its tightest weekly band since late August 2024. The index underperformed the frontline peers, posting a modest 0.61% gain. On the weekly chart, it formed a small-bodied bullish candle with a slight upper shadow, signalling muted directional momentum.For the past six sessions, Bank Nifty has been hovering around its 100-day EMA, reflecting an indecisive phase. It remains below the 20-day and 50-day EMAs, keeping the overall trend structure weak. The daily RSI also continues to move sideways, indicating the absence of a strong breakout setup.Looking ahead, the 55700–55800 zone will be a key resistance, while 54900–54800 will act as crucial support. A sustained move beyond either of these levels is likely to pave the way for a directional move.

Stock recommendations:

Uno Minda LtdThe stock has witnessed a breakout above a downward-sloping trendline on the daily chart, accompanied by strong volume exceeding the 50-day average, confirming the validity of the breakout. The formation of a sizable bullish candle on the breakout day adds further strength to the move. The stock is currently trading above its short and long-term moving averages, which are trending higher and aligned in the desired sequence—indicating a strong underlying trend.Momentum indicators are also supportive, with the daily RSI surging past the 60 mark and remaining in an upward trajectory. Although the ADX is currently at 15, suggesting that trend strength is still developing, the directional indicators are already in buy mode, reinforcing the bullish setup. Hence, we recommend to accumulate the stock in the zone of 1155-1145 with a stoploss of 1100 on the upside, it is likely to test the level of 1270 in the short term.HDFC LifeThe stock has recently broken out above the neckline of an Adam and Adam Double Bottom pattern on the daily chart, signalling a bullish reversal. This breakout is supported by a rising ADX, which has crossed above the -DI line, confirming directional strength. The stock is trading approximately 6% above its 100-day EMA and nearly 11% above its 200-day EMA, reflecting strong momentum. Additionally, the daily RSI is in bullish territory and continues to rise, further validating the positive price action. Hence, we recommend to accumulate the stock in the zone of 790-780 with a stoploss of 750 on the upside, it is likely to test the level of 860 in the short term.(Disclaimer: Recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India)





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Women in banking: SBI aims for 30% female workforce by 2030; steps up inclusion and health initiatives – The Times of India

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Women in banking: SBI aims for 30% female workforce by 2030; steps up inclusion and health initiatives – The Times of India


The State Bank of India (SBI) has set a target to raise the share of women in its workforce to 30 per cent by 2030 as part of a broader push to strengthen gender diversity and inclusivity across all levels of the organisation.SBI Deputy Managing Director (HR) and Chief Development Officer (CDO) Kishore Kumar Poludasu told PTI that women currently account for about 27 per cent of the bank’s total workforce, though the figure rises to nearly 33 per cent among frontline staff.“We will be working towards improving this percentage so that diversity gets further strengthened,” Poludasu said, adding that the bank is taking targeted measures to bridge the gap and meet its medium-term diversity goal.With a staff strength of over 2.4 lakh — among the highest for any organisation in the country — SBI has rolled out several initiatives aimed at creating a workplace where women can thrive professionally while maintaining work-life balance.Among the women-centric measures, the bank offers creche allowances for working mothers, a family connect programme, and dedicated training sessions to help women re-enter the workforce after maternity, sabbatical, or extended sick leave.Poludasu said SBI’s flagship initiative, Empower Her, is designed to identify, mentor, and groom women employees for leadership roles through structured leadership labs and coaching sessions. The programme aims to strengthen the pipeline of women leaders across the organisation.The bank has also introduced wellness initiatives tailored to women’s health needs, including breast and cervical cancer screenings, nutritional allowances for pregnant employees, and a cervical cancer vaccination drive.“These programmes are designed keeping in mind the women and girls who are employed in the bank,” Poludasu said, adding that SBI remains committed to fostering an inclusive, secure, and empowering workplace.Currently, the lender operates over 340 all-women branches across India, and the number is expected to increase in the coming years.SBI, one of the world’s top 50 banks by asset size, has also been recognised among India’s best employers by multiple organisations. Poludasu said the bank continues to drive innovation across processes, technology, and customer experience while ensuring that diversity and inclusion remain central to its transformation journey.





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Trade talks: India, EU wrap up 14th round of FTA negotiations; push on to seal deal by December – The Times of India

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Trade talks: India, EU wrap up 14th round of FTA negotiations; push on to seal deal by December – The Times of India


India and the 27-nation European Union (EU) have concluded the 14th round of negotiations for a proposed free trade agreement (FTA) in Brussels, as both sides look to resolve outstanding issues and move closer to signing the deal by the end of the year, PTI reported citing an official.The five-day round, which began on October 6, focused on narrowing gaps across key areas of trade in goods and services. Indian negotiators were later joined by Commerce Secretary Rajesh Agrawal in the final days to provide additional momentum to the talks.During his visit, Agrawal held discussions with Sabine Weyand, Director General for Trade at the European Commission, as both sides worked to accelerate progress on the long-pending trade pact.Commerce and Industry Minister Piyush Goyal recently said he was hopeful that the two sides would be able to sign the agreement soon. Goyal is also expected to travel to Brussels to meet his EU counterpart Maros Sefcovic for a high-level review of the progress made so far.Both India and the EU have set an ambitious target to conclude the negotiations by December, officials familiar with the matter said, PTI reported.Negotiations for a comprehensive trade pact between India and the EU were relaunched in June 2022 after a hiatus of more than eight years. The process had been suspended in 2013 due to significant differences over market access and tariff liberalisation.The EU has sought deeper tariff cuts in sectors such as automobiles and medical devices, alongside reductions in duties on products including wine, spirits, meat, and poultry. It has also pressed for a stronger intellectual property framework as part of the agreement.For India, the proposed pact holds potential to make key export categories such as ready-made garments, pharmaceuticals, steel, petroleum products, and electrical machinery more competitive in the European market.The India-EU trade pact talks span 23 policy chapters covering areas such as trade in goods and services, investment protection, sanitary and phytosanitary standards, technical barriers to trade, rules of origin, customs procedures, competition, trade defence, government procurement, dispute resolution, geographical indications, and sustainable development.India’s bilateral trade in goods with the EU stood at $136.53 billion in 2024–25, comprising exports worth $75.85 billion and imports valued at $60.68 billion — making the bloc India’s largest trading partner for goods.The EU accounts for nearly 17 per cent of India’s total exports, while India represents around 9 per cent of the bloc’s overall exports to global markets. Bilateral trade in services between the two partners was estimated at $51.45 billion in 2023.





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Telcos network costs rise: Gap between expenditure and revenue exceeds Rs 10,000 crore; COAI flags rising network investment burden – The Times of India

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Telcos network costs rise: Gap between expenditure and revenue exceeds Rs 10,000 crore; COAI flags rising network investment burden – The Times of India


The gap between telecom operators’ network expenditure and revenue continues to widen, prompting industry body COAI to defend calls for higher mobile tariffs, citing the increasing financial burden of network deployment on service providers.Speaking at the India Mobile Congress, Cellular Operators Association of India (COAI) Director General, SP Kochhar, told PTI that while the government has provided significant support to telecom operators through policies such as the right of way (RoW), several authorities continue to levy exorbitant charges for laying network elements.“Earlier, the gap until 2024 for infrastructure development and revenue received from tariffs was around Rs 10,000 crore. Now it has started increasing even further. Our cost of rolling out networks should be reduced by a reduction in the price of spectrum, levies etc. The Centre has come out with a very good ROW policy. It is a different matter that many people have not yet fallen in line and are still charging extremely high,” Kochhar said.He also defended the recent cut in data packs for entry-level tariff plans by select operators, stressing that the move was necessary given competitive pressures.Kochhar pointed out that competition among the four telecom operators remains intense, and there has been no significant trend suggesting that consumers are shifting towards low-cost data options.“There is a need to find ways to make high network users pay more for the data. Seventy per cent of the traffic which flows on our networks is by 4 to 5 LTGs (large traffic generators like YouTube, Netflix, Facebook etc). They pay zero. Nobody will blame OTT but they will blame the network. Our demand to the government is that they [LTGs] should contribute to the development of networks,” Kochhar said.He added that the investments made by Indian telecom operators are intended for the benefit of domestic consumers and are not meant to serve as a medium for profit for international players who do not bear any cost.





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