BUSINESS
Gold price today: Yellow metal trades higher; buy May Silver futures for target of Rs 64,500
According to experts, gold has support at Rs 44700-44550 and resistance at Rs 45100-45330. Silver has support at Rs 63300-62800 and resistance at Rs 64200-64800 levels.
BUSINESS
Time to go global in FY22: Experts recommend 15-20% allocation in US markets
A milestone-based approach, starting with 10% of the portfolio and raising it to 30-40% will not be a bad idea. It may not be a bad idea to begin with mega-cap exposure, they say.
BUSINESS
DAILY VOICE | FY22 is going to be a year of strong economic rebound in India, says Niraj Kumar of Future Generali India
India is on the cusp of a virtuous economic growth cycle, which will culminate into stronger momentum of earnings recovery and help markets perform reasonably well, says Kumar.
BUSINESS
Trade Spotlight: What should investors do with Intellect Design & BirlaCorp?
Intellect Design gained over 6 percent with strong volumes, while Birla Corp rallied over 5 percent to hit a fresh 52-week high on March 31.
BUSINESS
After The Bell: Sensex cracks 627 points, what should investors do on Thursday?
The index has to cross and hold above 14,750 to witness an up move towards 14,900 and 15,000, while on the downside, support exists at 14,600 and 14,500 levels, say experts.
BUSINESS
Gold price today: Yellow metal trades lower, experts say sell for a target of 44,280
Gold has support at Rs 44,300-44,100 and resistance at Rs 44,660-44,800, while silver has support at Rs 62,800-62,500 and resistance at Rs 63,600-64,000 levels, say experts.
BUSINESS
Avenue Supermarts fancied as strong, long-term wealth creator
The company’s shares have risen remarkably since it was listed four years ago but many experts say this is only the beginning as it still has an upside for decades, though it will face short-term volatility and growing competition.
BUSINESS
Trade Spotlight: What should investors do with Tata Steel, JSW Steel & Blue Dart?
Tata Steel rose over 4 percent, JSW Steel and Blue Dart rallied more than 5 percent each on March 30 to hit a fresh 52-week high. Read expert recommendations on how to trade these stocks today.
BUSINESS
DAILY VOICE | China Plus One, manufacturing emerging as megatrends in India, says Tanushree Banerjee of Equitymaster
Despite the possibility of better earnings in the next fiscal, a sharp and unexpected up move in US interest rates can suck liquidity out from Indian markets and cause valuations to crash, says Banerjee.
BUSINESS
After The Bell: Analysts eye 15,000 for Nifty, what should investors do on Wednesday?
The index has to continue to hold above 14,750 to move towards 15,000 and 15,100, while on the downside, support exists at 14,600 and 14,500 levels, say experts.
BUSINESS
The Market Podcast: This 23 year old CA dropout works magic with 15-minute system
A 15-minute chart means that every candle represents a 15-minute time frame. Each one has individual potential support and resistance levels.
BUSINESS
Bulls can take control if Nifty goes past 14,900-15,000 in April series, says Gaurav Ratnaparkhi of Sharekhan by BNP Paribas
The short-term correction offers an opportunity to market participants to create fresh long positions in the small and midcap space before the next leg of the rally begins, says Ratnaparkhi.
BUSINESS
Gold price today: Yellow metal trades higher, May silver in the red
Gold may remain under pressure amid a stronger dollar, however, a drop below $17,00 seems likely amid worsening virus situation, say experts.
BUSINESS
Be prepared for volatility, 10 'buy' ideas for April series
The index may witness some consolidation after the sharp upmove in the past one year. Stock-specific moves are likely to remain in the limelight.
BUSINESS
DAILY VOICE | FY21 has set the floor for extended growth in market for 4-5 years: Shailendra Kumar of Narnolia Financial Advisors
FY21 has set the floor for extended growth for the next 4-5 years. FY22 too should be producing a similar kind of returns. We expect we are entering an all-around optimism phase in the Indian economy, says Kumar.
BUSINESS
Risk-to-reward in favour of going long in select auto stocks: Aditya Agarwala of Yes Securities
The auto Index had run up quite significantly and was sitting in overbought territory, a correction in the sector should be considered healthy that will make room for the next leg of the upmove, says Agarwala.
BUSINESS
Nifty likely to bounce back from support to 14,800-15,000 in April series: Sumeet Bagadia of Choice Broking
COVID-19 infections, macro-economic data like PMI manufacturing & services, IIP and auto sales will influence the market movement in the April series, says Bagadia.
BUSINESS
Shortage of raw material, rise in metal prices weighing on auto stocks: Nirali Shah of Samco Securities
The chip supply crunch and a rise in base metal prices have forced automakers to resort to price hikes, denting demand for an already cyclical industry, says Shah.
BUSINESS
D-Street Talk: Make Rs 100 cr by investing Rs 10 lakh using TechnoFunda Investing: Vivek Mashrani of TechnoFunda Investing
The bigger task is to find companies that are showing growth of 20-25% CAGR in the sectors which are undergoing megatrends and that is where concepts of TechnoFunda investing comes in, says Mashrani.
BUSINESS
D-Street Talk: More than 1 cr investors hold Bitcoin in India; women investors seen rising, says Pareen Lathia, WazirX
Bitcoin has already become an asset class in India. There are more than 1 cr people holding the crypto in India. We have seen $1 bn of turnover, and we have seen a global surge in Bitcoin investments primarily because it is seen as a hedge, says Lathia.
BUSINESS
D-Street Talk: Don’t fight market! Hit the drawing board and comeback with a new strategy: Piyush Chaudhry of Wave Analytics
One thing which retail investors should keep in mind is “never bet so much that you can’t make a come back,” says Chaudhry.
BUSINESS
Pare your expectations, but follow Warren Buffett's advice! Nifty likely to head towards 17,000 in FY22: Experts
Investors who managed to conquer their fright and remained invested or added fresh money instead, are smiling at the sight of Multibagger returns in certain stocks. The Nifty50 almost doubled from the closing low of 7,610 recorded on March 23, 2020
BUSINESS
DAILY VOICE | The new-age retail investors now want to own global companies: Viram Shah of Vested Finance
We strongly believe that international diversification is here to stay. We’re still at day zero in terms of Indian investors diversifying their investments beyond our local market, says Shah.
BUSINESS
Trade Spotlight: What should investors do with Adani Total Gas, Bank of India and Adani Enterprises?
Adani Enterprises rose nearly 8 percent with strong volumes, Bank of India rose nearly 10 percent and Adani Total Gas rallied over 9 percent towards the close of the trade. Here are expert recommendations on how to trade these stocks today.
