Stock Markets Today Live Updates: Colgate Palmolive share price jumps over 6% to 52-week high as brokerages raise target after strong Q1 results
In today’s stock market news, Colgate Palmolive share price saw a significant jump of over 6% to reach a 52-week high. This surge came after analysts raised their target prices on the stock following the release of strong Q1 results. However, experts believe that the current stock valuations have already priced in most near-term triggers, offering limited upside potential.
Meanwhile, experts have recommended five stocks to buy today, including Affle India, Artemis Medicare Services, RCF, Pidilite Industries, and Wipro. These stocks are expected to perform well in today’s trading session.
In addition, stocks like HPCL, Pfizer, ACC, Kansai Nerolac, BEL, and Arvind are likely to be in focus today. Investors should keep an eye on these stocks for potential trading opportunities.
Sumeet Bagadia has recommended buying five breakout stocks today, including DCW, RITES, RUPA, Vishnu Prakash R Punglia, and Jay Bharat Maruti. These stocks have shown strong potential for growth and could be lucrative investment options.
Overall, the Indian stock market is expected to have a tepid start today, with the Gift Nifty trading at a discount from the Nifty futures’ previous close. Investors should also take note of key factors that have changed overnight, such as the Gift Nifty, US dollar, and oil prices, which could impact market trends.
Lastly, Ashok Leyland’s shares have surged to a new 52-week high, despite lackluster Q1FY25 results. Investors should tread carefully as the stock’s rally may be overextended, given the mixed industry performance.
Stay tuned for more updates on today’s market movements and top gainers and losers. Follow Mint’s market blog for real-time updates on your favorite companies and stay informed on all things Dalal Street and global markets.
