BUSINESS
Gold price today: Yellow metal trades flat; buy on dips for a target of Rs 48,300
Gold has support at Rs 47750-47500 and resistance at Rs 48300-48580. Silver is having support at Rs 69500-68500 and resistance at Rs 70700-71500 levels.
BUSINESS
Trade Spotlight: What should investors do with Tata Chemicals, IDFC and Gujarat Gas?
Tata Chemicals rallied more than 6 percent, IDFC rose by about 3 percent, and Gujarat Gas rose more than 6 percent on February 9.
BUSINESS
DAILY VOICE | Plenty of opportunities in economy-linked sectors post Budget: Gurpreet Sidana of Religare Broking
For investors, this Budget has truly laid the foundation of a strong economic revival in the coming quarters, and the rally, which was restricted to select sectors, will broaden to economy-facing sectors like capital goods, infrastructure, real estate, metals, and cement, said Sidana.
BUSINESS
After The Bell: Market snaps 6-day rally; what should investors do on Wednesday?
For the next few trading session, 15,250/51,800 would be the key resistance level; trading below the same, we can expect intraday correction up to 15,000-14,950/51,000-50,500.
BUSINESS
Sensex, Nifty rally 10% since Budget Day to hit record highs: What should investors do now?
We would advise investors to use the rally in the markets to restructure their portfolio and exit stocks that have balance-sheet or corporate governance issues, suggest experts.
BUSINESS
Gold price today: Yellow metal trades above Rs 48,000, experts say buy the dip
Experts suggest buying the dip in the domestic precious metal prices. Any dip towards Rs 47,580 should be used to go long for the target of Rs 49,100 per 10 gm.
BUSINESS
DAILY VOICE | L&T, KNR Construction among top picks post Budget 2021, says Gaurav Dua of Sharekhan
From a retail investor’s perspective, the major learning is that it is important to stay invested in a bull market rather than try to time the markets, says Dua.
BUSINESS
Trade Spotlight: What should investors do with Exide Industries, Graphite India & M&M?
Stocks like Exide Industries rose more than 5 percent, Graphite India gained by about 18 percent, and M&M was up more than 7 percent.
BUSINESS
After The Bell: Six days of rally, what should investors do on Tuesday?
The Nifty has to continue to hold above 15,000 zones to continue its bullish momentum towards 15,250 then 15,500, while support can be seen around 15,000 and then 14,750 zones.
BUSINESS
Budget 2021 | Investors should liquidate 30-40% of their holdings, says Ashis Biswas of CapitalVia Global Research
While a breakout above 15,030 is the key factor from a short-term perspective, their research suggests the market is likely to reach the 15,250-15,270 level in the February series, says Biswas.
BUSINESS
Planning to invest Rs 5-10 lakh post Budget 2021? Here are 5 portfolio options by experts
With the sharp up move over the past week, one should stagger the investments at regular periods of correction from current levels, suggest experts.
BUSINESS
Gold price today: Yellow metal trades lower, experts say buy on dips towards Rs 47,000
The two metals will likely remain volatile but investors can look at buying gold on dips towards Rs 47,000 for a target of Rs 47,440, say experts.
BUSINESS
DAILY VOICE | Ultratech Cement, L&T, ICICI Bank among stocks that will benefit from revival of CAPEX cycle: Motilal Oswal 's Gautam Duggad
Budget 2021 has created a very conducive top-down backdrop and provided a clear path for growth, says Duggad.
BUSINESS
Use dips to buy! Nifty50 could test 15,500 in February series, says Nirali Shah of Samco Securities
As the government makes capex spending a priority, infra companies will stand to see more order tendering and can see strong revenue growth in the coming times, says the Head of Equity Research at Samco
BUSINESS
RBI's move to allow retail participation in govt securities will ease burden on banks: Rajeev Srivastava of Reliance Securities
On the higher side, the monthly resistance is placed at 15,150-15,200 levels while on the downside, supports are in the range of 14,380-14,470 gap levels.
BUSINESS
As Sensex, Nifty surge to new all-time highs, over 100 stocks in BSE500 rallied 10-40% in a week
Now, the Nifty50 has to continue to hold above 14,864 zones to continue its bullish momentum towards 15,250-15,500 levels. Support can be seen around 14400 levels, suggest experts.
BUSINESS
The Market Podcast | Krishna Kumar Karwa of Emkay Global highlights 3 sectors for decade post Budget 2021
The investors don’t have to rejig the portfolio entirely but yes incremental allocation towards equities can begin now and there are some sector that one could go overweight now such as banks, NBFC, Infra etc., says Karwa.
BUSINESS
Gold price today: Yellow metal gains, sell on rise for a target of Rs 46,400
Experts advise investors to go short on rallies for a target of 46,400 as prices are expected to remain under pressure in the short term.
BUSINESS
Trade Spotlight: What should investors do with Indian Bank, Adani Enterprises and Apollo Tyres?
Stocks like Indian Bank rose over 16 percent and hit a 52-week high of Rs 120.80, Adani Enterprises gained over 4 percent, and Apollo Tyres closed with gains of more than 7 percent were some of the stocks in focus on Thursday.
BUSINESS
DAILY VOICE | ICICI Bank, Axis Bank among 8 stocks that could benefit from Budget: Ashutosh Tiwari of Equirus Securities
We would suggest investors focus more on Investment-related sectors mentioned above as manufacturing is likely to be the main driver of growth over the next 5 years, says Tiwari.
BUSINESS
After The Bell: Mcap of BSE companies hits Rs 200 lakh crore, what should investors do on Friday?
Data suggests that 149,00/50,800 will be the immediate hurdle for day traders, above it, a further uptrend till 15,000-15,035 /51,300-51,650 can be expected.
BUSINESS
FIIs up stake in 457 companies, 68 have risen 100% since June; time to book profits?
Having run up swiftly over the last few months, pharma, metal, cement and auto stocks are already seeing profit-booking, say experts.
BUSINESS
Gold price today: Yellow metal trades in the red, March silver too down over 1%
Gold has support at Rs 47,500-47,200 and resistance is placed at Rs 48,050-48,330 levels, silver has support at Rs 67,500-66,600 and resistance at Rs 69,800-70,700 levels, say experts.
BUSINESS
Trade Spotlight: What should investors do with Astral Poly, M&M and IndusInd Bank?
Stocks like Astral Poly rose by about 8 percent, M&M hit a fresh 52-week high but closed with marginal gains of over 2 percent, and IndusInd Bank rallied over 7 percent were some of the stocks in focus.
