Jefferies View On PB Fintech (CMP 950)

-Initiate buy call, target Rs 1,150 per share
-Digital brokers are gaining from rising insurance penetration, customer shift to online channels
-Company should witness 30 percent CAGR in premiums over FY25-27
-Aided by strong operations leverage in its renewal book, deliver 5x EBITDA growth
-Risks are from regulations and emergence of strong competitors

Not a recommendation

Double Top Pattern in Nifty
Stay Alert ...

More downside possible...
New buying only above new ATH

more 100 points down from this level...

Deep cuts in PSU stocks, heavy profit booking in this stocks. wait for perfect levels to enter again

• SJVN: -20.0%
• NIACL: -11.2%
• BDL: -11.0%
• GICRE: -10.4%
• NBCC: -10.0%
• HUDCO: -9.9%
• MIDHANI: -9.9%
• IRFC: -9.4%
• NHPC: -9.2%
• ENGINERSIN: -8.7%
• MOIL: -8.3%
• IOB: -8.2%
• IRCON: -7.8%
• CENTRALBK: -7.7%
• NLCINDIA: -7.5%
• RVNL: -7.4%
• OIL: -7.3%
• COCHINSHIP: -7.0%
• RITES: -7.0%
• PSB: -6.9%
• MAHABANK: -6.7%
• ITI: -6.0%
• NATIONALUM: -5.9%
• UCOBANK: -5.8%
• HINDCOPPER: -5.7%
• RCF: -5.4%
• SCI: -5.1%
• IREDA: -5.0%

Tata Motors cuts prices of Tiago, Nexon by up to Rs 1.2 lakh
Reason behind fall in Tata Motors

The fall is for short term, more upside possible.

HDFC Bank Bullish Strategy
Margin Needed 4 Lakh

Tomorrow we are hosting a webinar on currency trading.

Interested people MSG me in personal. It's Free. Tomorrow 4 PM
@abhishek_as

The rising US bond yields and Dollar index are extremely bad signals for emerging market and they will underperform for next couple of trading sessions

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14th February, 2024 - 4.00 PM Onwards

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Bank Nifty reversing from our Zones...

Importance of Zone Indicator

Coal India inks an MOU with Haryana Power Purchase Centre to supply 800 MW of power

💰⬇️ Muted Listing! Entero Healthcare shares list at a 3% discount to the IPO price.

Dilip Buildcon's JV (Joint Venture) with Vijay Kumar Mishra Construction 🏗🤝 has bagged an order worth Rs 412.9 crore 💰🎉.

BPCL 🌍🔋 sets up a Rs 25 crore pilot hydrogen project for the auto sector 🚗💡.

Vedanta's promoter Finsider International 📉📊 sells a 1.8% stake in a bulk deal on Thursday 🗓💼.

Bajaj Auto 🏍️💰 sets February 29 as the record date for its Rs 4,000 crore share buyback 📅🔄.