BUSINESS
Heads up, these 8 sectors are likely to lead next leg of rally on D-Street
The S&P BSE Metal index has risen more than 70 percent since January 21, when the Sensex zoomed past 50,000, followed by Utilities (up 34%), power (up 27%), and Industrials (up 27%)
BUSINESS
Stock Mantra | This equipment maker up over 100% in a year; worth a look?
Cummins India is trading above its multi-year highs, and experts say the momentum can take it towards Rs 1,300, or 26 percent above the August 18 closing.
BUSINESS
Gold Price Today: Yellow metal trades higher, resistance at 47,330-47,350
On MCX, gold has support at Rs 46,980-46,800 and resistance at 47,330-47,580, while silver has support at Rs 61,200-60,900 and resistance at Rs 62,200-62,700
BUSINESS
DAILY VOICE | A blockbuster year for IPOs, we see another Rs 1 lakh crore being raised in 2021: Hemang Kapasi of Sanctum Wealth
There is no particular indicator that points to the end of the bull market. However, corrections are part of a bull market and we will experience them at regular intervals, Kapasi said
BUSINESS
Taking Stock: Weak global cues push Nifty below 16,500; India VIX up over 8%
Sectorally, buying was seen in FMCG stocks, while selling pressure was visible in metals, realty, public sector and industrials
BUSINESS
Sensex climbs 6,000 points in about 7 months; smart money moves towards large-caps
Experts say investors with long-term portfolios can look at increasing allocation towards large-caps as outperformance in the small and midcap space will now be a factor of earnings growth
BUSINESS
Stock Mantra: This underperformer from footwear space is now hitting 52-week highs; worth a look?
Technical analysis of Bata India’s shares indicates a potential 13 percent upside in the next four to six months
BUSINESS
Gold Price Today: Yellow metal trade flat; support seen at 46,950
Gold has support at 46,950-46,780 and resistance at 47,330-47,580. For silver, support is at 61,600-61,200 and resistance at 62,500-63,100 levels, say experts
BUSINESS
Market loses momentum, experts say tread with caution as chances of profit-booking remain high
Experts are cautious on the markets as there is no clear direction over the next move. They suggest investing in defensive sectors such as FMCG, IT and Pharma.
BUSINESS
Trade Spotlight: What should investors do with HDFC Bank, United Spirits and Aster DM Healthcare?
Aster DM Healthcare rose over 7 percent to hit a 52-week high, United Spirits rallied nearly 10 percent and HDFC Bank pared gains to closed in the red on August 18
BUSINESS
DAILY VOICE | There is a bubble in most global assets - bonds, Bitcoin and equities: Amit Jain of Ashika Group
The NIFTY is currently trading at P/E of 26 & P/B of 4 times, which historically is the orange zone for the NIFTY, hence retail Investors should be cautious while making a fresh buying at this level.
BUSINESS
Trade Spotlight: What should investors do with Dr Lal Pathlabs & MindTree?
Dr Lal Pathlabs that rose 4 percent and MindTree gained around 6 percent on August 18 to hit a fresh 52-week high
BUSINESS
DAILY VOICE | Shiv Chanani of Elara Securities highlights 3 mantras to consider before buying a stock
We are in the middle of one of the biggest transition phases that the world has ever witnessed. Two big factors are transforming businesses across sectors – tech disruption and climate change concerns.
BUSINESS
Stock Mantra: This textile and paper stock has almost doubled since December 2020 – worth a look?
One expert advises investors to buy the Century Textiles & Industries stock for an upside target of Rs 920-950 in the next 2-3 months
BUSINESS
Sensex gallops 1,000 points in 4 sessions to hit 56,000; experts say largecaps to lead next rally
Largecaps are playing catch-up in August, driving the benchmark indices higher, while the broader market is in a consolidation zone
BUSINESS
Invest or wait for a fall: Is Nifty expensive at 16,600 levels?
Besides the liquidity story, the future looks bright for Indian companies on the back of anti-China sentiments and the growth of the middle class, say analysts.
BUSINESS
Trade Spotlight: What should investors do with Tata Elxsi, Apollo Hospitals & Hikal?
Tata Elxsi rose more than 7 percent, Apollo Hospitals 13 percent and Hikal over 2 percent on August 17 to hit a 52-week high as benchmarks indices scaled new peaks
BUSINESS
DAILY VOICE | These 4 engines of growth could lead to a super-cycle of IPOs: Sumit Jalan of Credit Suisse
The economy is already benefitting from four key engines of growth – i.e. financialization, digitization, formalization, and premiumization – which structurally could lead to a super-cycle of IPOs in the domestic capital market, says Jalan.
BUSINESS
Taking Stock: Another day of highs for Sensex, Nifty; IT, FMCG power gains
The Nifty has to continue to hold above 16,500 to extend the momentum towards 16,750 and 17,000, while on the downside, support shifts to 16,400 and 16,300 levels, say experts
BUSINESS
Stockal user base grew 10 times during the pandemic: co-founder Vinay Bharathwaj
In an interview with Moneycontrol's Kshitij Anand, Vinay Bharathwaj, co-founder and co-CEO of Stockal, talks about the rising interest in global equities, popular stocks among Indian investors, how much of your portfolio should you allocate to overseas equity and much more.
BUSINESS
Where AMCs invested in July—30 large, mid & smallcap stocks on the buy list
Equity funds drew net inflows of Rs 22,583 crore in July, an almost fourfold increase from June. Most of the investments went into four equity funds that were launched last month
BUSINESS
Stock Mantra: Look at that breakout, it says TCS is an attractive buy
The stock is on its way to hit the Rs 4,000-mark, after making a fresh 52-week high on Monday. One analyst suggests a target of Rs 3,800-4,100, with a stop-loss at the Rs 3,100 level.
BUSINESS
Gold Price Today: Yellow metal trades flat; buy for a target of 47,500
At MCX, gold has support at 47,000-46,800 and resistance at 47,330-47,580; silver has support at 63,100-62,600 and resistance at 63900-64400 levels.
BUSINESS
Trade Spotlight: What should investors do with Apollo Hospital, KPIT Technologies and Tata Steel?
Apollo Hospitals rallied over 7 percent, Tata Steel rose nearly 4 percent, and KPIT Technologies ended with gains of over 5 percent. Read on to know what Vikas Jain of Reliance Securities recommends.
