BUSINESS
New IPO rules could pave way for LIC, Zomato, Policy Bazaar listing; fundraing could top Rs 1 lakh crore in 2021
As the economy continues to be flushed with liquidity and as the sentiment remains conducive for IPOs amidst the rising markets, majority of IPOs are witnessing a good response, suggest experts.
BUSINESS
Nifty below 15,000: Has the market texture changed to sell on rallies from buy on dips?
As long as Nifty trades below 15150 zones, weakness could continue towards the next key support of 14800 and 14700 zones while on the upside hurdles are seen at 15250 and 15400 zones, suggest experts.
BUSINESS
Daily Voice | Stay cautious as market may appear rich, but long-term story intact: Jitendra Arora of ICICI Prudential Life Insurance
Markets are the greatest tutors to all investors as there is no winning formula across time periods and cycles. The roller coaster ride in markets in the last 12 months has been one of the greatest learnings, says Arora.
BUSINESS
Gold price today: Yellow metal trades higher; could face resistance around Rs 46,600
At MCX, Gold has support around Rs 46000-45770 and resistance at Rs 46480-46620 and silver is having support at Rs 68200-67500 and resistance at Rs Rs 69900-70700 levels.
BUSINESS
15,000 crucial for bulls: Top 10 trading ideas that could give 9-20% return in 3-4 weeks
SBI, NTPC and Maruti Suzuki among top bets by experts
BUSINESS
Privatisation buzz fuelling rally in PSU bank and energy space, says Rajeev Srivastava of Reliance Securities
On the higher side, the monthly resistance is placed at 15,300. A bounce from the lower range of 14,680-14,730 is expected, says Srivastava.
BUSINESS
February month expiry could be in the 14,400-14,600 range, says Nirali Shah of Samco Securities
Nirali Shah, Head of Equity Research, Samco Securities is not too worried about the decline that Indian shares saw in the week gone by. No bull market can be a one-way up journey, there will always be corrections, she says. Investors should book profits from weaker quality stocks and invest on dips in good quality bets, which can make compounding gains in this bull run, Shah says in an interview with Moneycontrol’s Kshitij Anand. Edited excerpts:
BUSINESS
Wait for Nifty to break above 15,370 before going long: Ashish Biswas of CapitalVia Global Research
Mid and small-cap companies performed irrespective of the weak index movements as the demand is increasing and assuring a strong growth, says Biswas.
BUSINESS
Stay light as bears may be preparing for short-term vengeance: Mehul Kothari of AnandRathi
A breach of 14,800 would lead to a sharper fall towards 14,600 due to unwinding by the Put writers. An attempt to clear 15,200 could be used to exit long trades, says Mehul Kothari of AnandRathi.
BUSINESS
The Market Podcast | As we move from recession to recovery here are 3 reasons why bulls are here to stay: Trideep Bhattacharya
We expect 2021 to be the most stock-fuelled rally, and we continue to monitor these variables where they are intact or not, says Bhattacharya.
BUSINESS
Technical View: Nifty forms a bearish candle; MACD triggers 'sell' signal
For time being, positional traders can either make use of the rally towards 15,000 or wait for a breach of 14,890 levels to create fresh shorts.
BUSINESS
Over 20 stocks from top 5 PMS schemes outperformed Nifty in January
The Nifty50 fell by about 2.5 percent in January but almost 70 percent of the PMS schemes tracked by PMSBazaar.com outperformed the index in the same period.
BUSINESS
Gold price today: Yellow metal holds 46,000, March silver down over 1%
Gold has support at Rs 45,920-45,770 and resistance at Rs 46,330-46,550. For silver, support is at Rs 68,000-67,400 and resistance at Rs 69,100-69,500, say experts.
BUSINESS
Trade Spotlight: What should investors do with GAIL, New India Assurance & Central Bank?
Stocks like GAIL India rose more than 6 percent, The New India Assurance Company was locked in the upper circuit of 20 percent, and the Central Bank of India was also up by about 20 percent.
BUSINESS
DAILY VOICE | Naveen Kulkarni of Axis Securities feels that we are set for a good earnings upgrade cycle
SIP in stocks is a good way forward for a lot of investors but investors will need to devote some time to watch the portfolios, says Kulkarni. Another simple way is the MF route to participate in the equity markets.
BUSINESS
After The Bell: Nifty below 15,150, what should investors do on Friday?
Sectorally, action was seen in oil & gas, utilities, public sector, power, and metal, while auto, banks, finance, healthcare, realty and telecom witnessed profit booking.
BUSINESS
IPOs of 2020: 4 offerings more than doubled while 9 rose 10-50% from issue price
From a valuation perspective, most of the IPOs were offered at higher valuation but growth potential makes them an attractive buy even now or on dips, suggest experts.
BUSINESS
Trade Spotlight: What should investors do with Bank of Maharashtra, IOB and Bank of India?
Stocks like Bank of Maharashtra, Indian Overseas Bank, and Bank of India were locked in the upper circuit of 20 percent each on privatization buzz were some of the stocks in focus on Wednesday.
BUSINESS
DAILY VOICE | There is broad-based earnings growth across sectors, expect 12-15% returns over long term: Neelesh Surana of Mirae Asset
We would advise following a well-crafted balanced asset allocation. Within the equity allocation, investors should commit to about 5- 6 equity-oriented funds from a minimum of 3 years. time frame, says Surana.
BUSINESS
After The Bell: Sensex breaks below 52K; what should investors do on Thursday?
We may see a good move once the index decisively moves above 15,250 odd levels, and the immediate support is now placed at the 15,140-15,090 zone and resistance is coming near the 15,300-15,380 zone, suggest experts.
BUSINESS
Gold price today: Yellow metal slips in red; short gold for a target of Rs 46,500
MCX Gold April has given a breakdown below Rs 47000 levels and could continue its downside momentum up to 46560-46200 levels. Resistance is at Rs 47020-47350 levels.
BUSINESS
Brokerages bet on these 20 mid and smallcaps to ride the expected recovery
Over the last 12 months, midcaps are up 16 percent compared to a rise of 14 percent for the Nifty. Although they have underperformed benchmark over the last five years.
BUSINESS
Trade Spotlight: What should investors do with Adani Gas, Bank of India and Adani Transmission?
Stocks like Adani Total Gas rose more than 18 percent, Bank of India was locked in the upper circuit of 20 percent, and Adani Transmission closed with gains of over 12 percent were some of the stocks in focus.
BUSINESS
DAILY VOICE | Invest in quality portfolio of 15-20 stocks: Ashutosh Tiwari of Equirus Securities
Those who can spend time on these can invest through quality portfolio of 15-20 stocks, but for other people, it makes sense through SIPs in quality funds, says Tiwari.
