Indian Stock Market Shows Mixed Trend, NTPC, Maruti Suzuki, and St Bk of India Upgraded

Jul 16 2024 11:00 AM IST
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Recently, NTPC, Maruti Suzuki, and St Bk of India have been upgraded from hold to buy, indicating a positive outlook for these stocks. Companies like Asian Paints, LTI Mindtree, Infosys, Persistent Sys, and Havells India are set to declare their results in the next few days, which investors should also keep an eye on.
St Bk of India - Hold to Buy The Indian stock market has been showing a mixed trend today, with some stocks experiencing a bullish trend while others are mildly bullish. NTPC and Tata Consumer are leading the pack with a bullish to mildly bullish trend, while Tata Motors - DVR and St Bk of India are also showing a positive trend, moving from none to mildly bullish. Coal India is also experiencing a bullish to mildly bullish trend. In the large cap segment, we have seen a 0.21% increase in the BSE 100 index, with a 1.25% increase in the last 5 days. This segment has been the best performer, with Coal India showing a return of 3.59%, while Zomato Ltd has been the worst performer with a return of -2.20%. The advance decline ratio for this segment is 61 stocks advancing and 40 stocks declining, with a ratio of 1.52x. Investors should keep an eye on the upcoming results of companies like Asian Paints, LTI Mindtree, Infosys, Persistent Sys, and Havells India, which are set to declare their results in the next few days. In terms of stock upgrades, NTPC, Maruti Suzuki, and St Bk of India have recently been upgraded from hold to buy. This indicates a positive outlook for these stocks and investors may consider adding them to their portfolio. Overall, the Indian stock market is showing a mixed trend today, with some stocks performing well and others showing a positive trend. Investors should keep a close watch on the market and make informed decisions based on the performance of individual stocks.

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