Back to NewsAnadiAlgoNews
livemint_markets1 day ago
BULLISH(90%)
buy

Shares to buy or sell: Ruchit Jain of Motilal Oswal recommends Tata Power, ABB stock to buy today - 18 March

Read original source
+62.5
Market Impact Score
-100 Bearish+100 Bullish

AI Analysis

The energy sector is seeing increased FII interest and positive momentum, with power stocks generally performing well. This recommendation aligns with a broader positive sentiment in the sector despite global risks.

Trading Insight

Look for entry points in Tata Power and ABB India, potentially on minor dips, with a bullish bias given the analyst's recommendation and sector tailwinds.
Quick check: TATAPOWER bullish bias (+2.6% 1d), ABB bullish bias (+1.3% 1d).

Key Evidence

  • Ruchit Jain of Motilal Oswal recommends Tata Power and ABB India for buying.
  • Indian stock markets opened positively, with Nifty 50 and BSE Sensex rising.
  • The market is characterized by geopolitical tensions and FPI sell-offs, suggesting selective buying opportunities.
  • The article is fresh, published 5 minutes ago.
  • Risk flag: Persistent market volatility due to geopolitical tensions

Affected Stocks

TATAPOWERTata Power Company Ltd
Positive

Recommended for buying by a prominent analyst.

ABBABB India Ltd
Positive

Recommended for buying by a prominent analyst.

People in this Story

R
Ruchit Jain

Analyst at Motilal Oswal

Provided stock recommendations.

AI-powered analysis by

Anadi Algo News