S Krishna Kumar of Sundaram Mutual Fund said that the earnings have been pretty good and that retail private banks have seen strong delivery.
ICICI Bank, Dr Reddy's Labs, HUL, Lupin, Bharti Airtel, Hindalco, ONGC, Vedanta and Sun Pharma fell up to 5 percent while ITC and L&T gained.
Nifty to open gap down by 24 points at 9998 against yesterday’s close of 10022 as per SGX Nifty, says Dynamic Levels.
Nifty is likely to open gap down on the back of weak global cues. Sell Nifty in range of 10035-10045 for targets of 9985, stop loss: 10065, says a report by ICICIdirect.
ITC, ICICI Bank, Dr Reddy’s Labs and ONGC, among others, are on the radar of investors on Friday.
Trading of SGX Nifty futures on the Singapore stock exchange indicates that the Nifty could lose 70.5 points at the opening bell, says a report by Maximus Securities.
It makes sense for investors to hold some if not all of these stocks as a separate investment till they retire probably in the next 20-30 years assuming you are around 30 years old.
Avoid intraday trading in Ashok Leyland and Havells India. The Moon-Jupiter, Mercury-Rahu, and Sun-Mars, these three separate combinations will be formed today, says Ganesha.
Prakash Gaba of prakashgaba.com is of the view that some sideways action is not ruled out. The crucial support for the Nifty is at 9920 and the resistance is at 10036-10069. On the other hand, Bank Nifty has support at 24775 and resistance at 25550.
The key takeaway from Thursday’s price action was that the bulls are still in charge. As long as 9,965-10,000 on the index holds, bulls have nothing to worry, suggest experts.
A bearish candle after a strong bullish candle is not a welcome sign for the bulls. But, as long as 9,965-10,000 on the index holds, bulls have nothing to worry, suggest experts.
The broader markets underperformed benchmarks, with the BSE Midcap index down half a percent on weak breadth.
Adani Ports, Bajaj Finserv, Bajaj Finance, Eicher Motors, HDFC Bank, Indiabulls Real Estate, Maruti Suzuki, Welspun and Yes Bank, among others were among this list.
Strength in Rajya Sabha is another reason why this Grand Alliance is positive for markets and reform push. Strength in Rajya Sabha will help the Modi-led government to push through crucial reforms with ease.
The Sensex closed up 0.84 points at 32383.30, while the Nifty ended down 0.10 points at 10020.55.
Yes Bank, HDFC and Federal Bank, among others, are being tracked by investors on Thursday.
It still expects the rally to extend further up to 10,350 which is an upper band of the channel. On the other hand, markets are trading in overbought zone, so we may see some correction in the near term.
Nifty is likely to open flat to positive on the back of mixed global cues. Buy Nifty in the range of 9980-9990 for target of 10040, stop loss: 9960, says ICICIdirect.
The flagship index ‘Nifty’ hit the 10,000 mark on July 25, 2017, taking only 4.3 months to move from 9,000 to 10,000.
Balanced funds buy a combination of equity shares and fixed income instruments and provide both income and capital appreciation while avoiding excessive risk
From 9.15 am to 10.22 am avoid trading, as the market will be unstable. From 10.22 am to 11 am the market will try to stabilise, but it may take some time, says Ganesha.
According to Prakash Gaba of prakashgaba.com, support for Nifty is placed at 9920 and resistance at 10036-69 while Bank Nifty has support at 24500 and resistance at 24775.
Thursday happens to be the expiry day for July F&O contracts. The outcome of the US Fed meeting will be crucial for Nifty's 10K prospects.
Sensex closes up over 150 points at 32,382.46, while the Nifty closed above 10,000 for the first time ever; IT and PSU banks witnessed weak trades.
A bullish candle formed on the daily chart today signifies that the market witnessed sustained buying interest from the Bulls for the most part of the trading day which is a bullish sign.