Global prices have been hovering above USD 1240 per ounce and experts are anticipating it to touch USD 1260 per ounce by end of this month and USD 1300 per ounce by end of this quarter. So is this the right time to buy gold?
The valuations in the market are on the higher side and if one has to make money from here on then corporate earnings need to recover and grow faster, said Sampath Reddy of Bajaj Allianz Life Insurance Company.
Watch the interview of Azlin Ahmad of Argus Media with CNBC-TV18's Manisha Gupta where she spoke about the crude prices and what to expect from the OPEC and other producers meeting on Monday in Moscow.
Watch the interview of Ram Pitre, Market Expert with CNBC-TV18's Manisha Gupta in which he shared his views on the current trends in the commodities market.
Ashwani Gujral of ashwanigujral.com suggests buying Zee Entertainment, Titan Company and Caplin Point Laboratories.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Inox Leisure and sell DLF and Karnataka Bank.
Ashwani Gujral of ashwanigujral.com suggests selling Dewan Housing Finance Corporation and Ashok Leyland and advises buying Sundram Fasteners.
Ashwani Gujral of ashwanigujralcom is of the view that one can buy Idea Cellular and Sun TV Network and advises buying Asian Paints.
Ashwani Gujral of ashwanigujral.com suggests buying IFCI, Motherson Sumi and Punjab National Bank.
Gautam Duggad, Head-Research, Institutional equites, Motilal Oswal Securities said so far the earnings have been in line with expectations but there are many more companies to yet report.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries and GAIL India and feels that Bharat Financial should move higher.
Vibhav Kapoor of IL&FS said the valuations have run up, while earnings growth has been tepid. He sees a correction in the next 2-3 months.
Ashwani Gujral of ashwanigujral.com suggests buying Eicher Motors, Suprajit Engineering, Godrej Properties and DLF.
Watch the interview of Kishore Narne of Motilal Oswal Commodity Broker with Manisha Gupta on CNBC-TV18. He spoke about the current trend in commodities markets.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Axis Bank, NMDC and Deepak Fertiliser and can sell Bank of India and VA Tech Wabag.
I expect the pair to trade in a range of 64.35-64.55 today, says Bhaskar Panda of HDFC Bank.
A negative confirmation to ‘dark cloud cover’ candle could trigger consolidation action to digest the recent sharp up moves. Focusing on up trending stocks is clearly the ideal approach.
Reliance Industries | Wipro | Balaji Telefilms | Bajaj Auto | GMR Infrastructure | Jaiprakash Associates | Future Consumer | Gravita | RBL Bank | Jaypee Infra | InterGlobe Aviation | ABG Shipyard | Zee Media | Mercator | Welspun Corp | Inox Wind and Britannia Industries are stocks, which are in the news today.
The 10-year benchmark bond yield to trade within the 6.44-6.46 percent range, says Bhaskar Panda of HDFC Bank.
Technically, the trend is still intact as long as 9792 holds. The crucial support for the Nifty is at 9792-9720 and the resistance is at 9916-9969, says Prakash Gaba of prakashgaba.com.
Watch Manisha Gupta of CNBC-TV18 giving us a wrap on commodities market.
Spot gold edged down 0.04 percent to $1,243.80 per ounce at 0049 GMT after touching a three-week high on $1,247.48 an ounce in the previous session. It has risen about 1.3 percent for the week so far.
A look at top cues from the domestic and international markets that could have a bearing on D-Street today.
The Nifty index formed a ‘Dark Cloud Cover’ kind of pattern on the daily charts, which can be an early indication of a bearish trend