BUSINESS
What is leading to panic in Indian markets? Global selloff, GameStop among 5 big factors
The S&P BSE Sensex has broken below 47,000 levels, a fall of about 4,000 points from the high of 50,184 recorded on January 21. The Nifty50 has also fallen by about 1000 points from the high of 14,753.
BUSINESS
Budget proposals on these 5 broad themes could cheer market
The S&P BSE Sensex plunged by about 3000 points from the lifetime highs of 50,184 while Nifty50 breached 14,000 levels for the first time since January 4 on Wednesday.
BUSINESS
Over 20 stocks from top 5 PMS schemes outperformed Nifty in December; worth a look?
Small & midcaps captured the limelight after two straight years of underperformance, and if we look at the PMS schemes which outperformed the index are mostly from the broader market space.
BUSINESS
Gold price today: Yellow metal trades below 49,000, silver falls over 1%
Investors can look at selling gold on every bounce towards 49,000. Overnight, the US Fed’s downbeat growth outlook and ECB’s willingness to cut rates pushed the dollar higher, putting pressure on gold, experts say.
BUSINESS
Trade Spotlight: What should investors do with Chennai Petro & L&T Technologies?
Stocks in focus included Chennai Petro which plunged by 20 percent and L&T Technology Services which rose by about 6 percent.
BUSINESS
After The Bell: Carnage on D-Street! What should investors do on Thursday?
As long as Nifty remains below 14200 zones, a bounce could be sold and weakness may be seen towards 13800 levels while on the upside key hurdle exists at 14200 and 14350 levels.
BUSINESS
Dip in market ahead of Budget 2021 might not be bad: What should be your investment strategy?
GDP numbers suggest that we are in a technical recession but things could reverse very quickly without giving much time or opportunity for investors to react.
BUSINESS
Gold price today: Yellow metal trades in the red; buy on dips for target of Rs 49,300
Experts are of the view that the precious metal which has slipped below 49000 could get some support around Rs 48,800. Investors can use the dip for a target of Rs 49,300 levels.
BUSINESS
Trade Spotlight: What should investors do with Grasim, Century Ply & Bajaj Auto?
Stocks like Grasim Industries rallied more than 6%, Century Plyboards rose more than 4%, and Bajaj Auto which hit a 52-week high closed with gains of about 2% were some of the stocks in focus on Monday.
BUSINESS
After The Bell: Market tests support levels; what should investors do on Wednesday?
Indian markets witnessed a highly volatile trade and closed in red due to weak global market and reports of Indo-China border tension. The downside was equally contributed by all the sectors except pharma.
BUSINESS
Bulls likely to take control in the run-up to Budget: Ashis Biswas of CapitalVia Global Research
A cluster of support zone supported by other technical evidence suggests 13,900 (Nifty 50 Index level) will act as a pivotal point for short to medium-term perspective, says Biswas.
BUSINESS
Trade with caution! Top 10 short-term trading ideas by experts for February series
A break below this level can also lead to a swath of investors who will look to book profits and can push the index as low as 13,100 levels. Hence, experts believe that traders should tread cautiously from hereon
BUSINESS
Gold price today: Yellow metal holds above Rs 49,100, experts say buy on dips
Experts are of the view that investors can buy any dip towards Rs 49,000 for a target of Rs 49,400 per 10 gm. Gold came under pressure due to recovery in the dollar but stimulus hopes kept the sentiment alive.
BUSINESS
DAILY VOICE | We are overweight on financials, industrials and materials: Amish Shah of BofA Securities
Shah is UW on IT, Energy, Discretionary sectors. IT has reported good earnings in recent results, but we think that valuations now already price that in.
BUSINESS
If Budget expectations aren’t met, short-term correction is likely: Umesh Mehta of Samco Group
The Nifty continues to be in a bullish trend and is expected to continue with this trend unless it breaks the support level of Nifty 14,200, says Mehta.
BUSINESS
We expect Nifty to settle near 14,500-mark in January series: Navneet Daga of YES SECURITIES
Traders should look to create long positions on Nifty in the range of 14,300 with strict stop loss levels of 14,200 on a closing basis.
BUSINESS
Small & midcaps underperform: 21 stocks in BSE500 buck the trend, up 10-50%
There are 21 stocks in the S&P BSE 500 index that bucked the trend that include names like DCM Shriram, Bajaj Auto, Ceat, Apollo Tyres, Gateway Distriparks, Tata Motors, and Future Consumer etc. among others.
BUSINESS
The Market Podcast | Retail investors want the Budget 2021 to have stability in taxes: Sunil Rohokale of ASK Group
A lot of retail investors joined D-Street in 2020 and what could put instill confidence among them would be a stable tax regime with respect to Long Term Capital Gains Tax and Short Term Capital Gains Tax as well as STT, said Rohokale.
BUSINESS
Sensex at 1,00,000 a real possibility, what should be your investment strategy?
One should not get carried away with index levels. It is important to stick to a disciplined approach of buying and holding on to great businesses and eliminate undeserving names from the portfolio, say experts.
BUSINESS
Gold price today: Yellow metal trades lower, buy for a target of Rs 49,750
Investors can use the dip towards Rs 49,100 to buy for a target of Rs 49,750 per 10 gm, say experts. Weakness in the dollar index is likely to support safe-haven prices.
BUSINESS
DAILY VOICE: 50,000 is just another number; focus on growth, profitability while picking stocks: Kunj Bansal of Karvy Capital
There is always a pre-budget rally in fertilizer, agri, and railway-related sectors which invariably fizzles out after budget. Instead, investors will be better advised to focus on longer-term trends.
BUSINESS
Trade Spotlight: What should investors do with Havells India, SBI Life Voltas & RIL?
Stocks like Havells India rose more than 11 percent, Voltas gained nearly 5 percent and Reliance Industries closed with gains of 2 percent ahead of results on 22 January. These were some of the stocks in focus on January 21.
BUSINESS
After The Bell: D-St takes a U-turn after hitting 50k; what should investors do on Friday?
Since 'booking profit is better than looking at profit', experts advise taking some profits around 14,800-15,000 levels and keep the portfolio hedged with the Nifty Put Options of February expiry.
BUSINESS
Financial Stability Report a concern but analysts are betting big on these 9 banking stocks
Despite the recent rally, there are plenty of opportunities within the private sector banks, which are adequately provided and have sufficient capital, say experts.
