MediumPositive
Announced Fri, 17 Jul · 09:51 IST

Rajesh Palviya of Axis Sec suggests IIFL Finance, SRF, HLE Glascoat shares to buy today

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Indian benchmark indices opened higher on Friday with Nifty 50 up 0.38% at 24,166.50 and Sensex up 0.47% at 77,543.10, driven by gains in IT stocks after Tech Mahindra beat quarterly estimates with 3% surge, while Wipro fell 1.7% on a miss. Rajesh Palviya of Axis Securities has recommended buying IIFL Finance, SRF, and HLE Glascoat, citing bullish technical setups with breakout levels and positive momentum indicators. Broader market sentiment remained cautious amid escalating Middle East tensions that pushed Brent crude about 1% higher to around 85 dollars per barrel.