BUSINESS
Safer for investors to avoid banking stocks for now: Umesh Mehta
Global cues will continue to shadow Indian benchmark indices this week. Traders should keep an eye out for support levels at 8,700 and resistance levels at 9,200 in the Nifty50, Samco Securities' Umesh Mehta told Moneycontrol.
BUSINESS
Every stage of market offers opportunities for both bulls and bears: Arun Kumar
The Nifty 50 index is struggling to find a directional bias. It is broadly moving within a band of 8,800 and 9,200. These levels are crucial.
BUSINESS
Broader market underperforms, but these 34 small-cap stocks rose 10-30% in a week
There are as many as 34 stocks in the S&P BSE Smallcap index which bucked the trend and rose 10-30 percent in a week that include names like Alok Industries, Subex etc.
BUSINESS
The Market Podcast | RBI’s Friday spoiler, but see more rate cuts on cards: Rusmik Oza
The market is sustaining above 9000 which is a positive sign for investors. As long as we sustain above this level, bulls should remain control, says Rusmik Oza of Kotak Securities.
BUSINESS
Taking Stock: RBI surprise repo cut fails to cheer D-Street, financials take a hit
Financial stocks that hit a fresh 52-week low included Bajaj Finserv, Bajaj Finance, Shriram City Union Finance, SBI Cards, SBI, M&M Financial and Union Bank of India.
BUSINESS
5 reasons why market may not have liked RBI's announcements: Experts
In a surprise move, the Reserve Bank of India (RBI) slashed report rate by 40 bps to 4 percent and the reverse repo rate now stands at 3.35 percent.
BUSINESS
Nifty50 Price-to-Earnings premium is largely because of 'Sher Aaya' syndrome
We are positive on pharma, diagnostic, FMCG, and other consumer-facing companies
BUSINESS
Post-COVID scenario: This digital technology firm could be a big beneficiary
Affle has an asset-light business model while its marketing efforts and more precisely targeted & personalised advertisements has bought in higher revenues while cost has remained relatively unchanged.
BUSINESS
Gold price today: Yellow metal gains on US-China tensions; may rally towards Rs 46,800
Experts are of the view that as long as MCX gold holds above 46500, the bulls can push the rally towards 46,800 per 10 gm.
BUSINESS
Experts pick top 10 stocks that are showing signs of bottoming out
Some of the momentum indicators have given a sell signal on the daily charts which suggests that the trend is likely to remain slightly tilted towards the bears.
BUSINESS
More than 120 stocks with m-cap of over Rs 10,000 crore trade below 200-DMA
Nifty50 is trading below both its short term and long term moving average which is slightly bearish in nature. 200-Day SMA is considered as a crucial level by technical chartists to define the long term trend of the market.
BUSINESS
Gold price today: Yellow metal slips on buoyant equities; support seen at 46,800
Experts are of the view that both Gold and Silver are likely to remain volatile. The index slipped below its crucial level of 47300, and the next support for Gold is placed at Rs 46,800 per 10 gm.
BUSINESS
Taking Stock: FM comments help Nifty50 climb Mount 9K; Sensex rallies more than 600 points
The S&P BSE Midcap index was up 1.49 percent while the S&P BSE Small-cap index closed with gains of 1.1 percent, underperforming benchmark indices.
BUSINESS
Potential earnings cut for FY21: 10 stocks where brokerages have cut target post Q4
The Nifty50 has fallen by about 10 percent so far in April, partly weighed down by dismal results from India Inc. in March quarter and muted management commentary.
BUSINESS
Gold price today: Yellow metal gains amid recession fears; target at 47,400
Gold crossed 47000 mark at MCX and silver also crossed 48920 levels on Tuesday, and the near term is seen around 47,400 on Gold, and Rs 49,550 for Silver, suggest experts.
BUSINESS
D-Street Talk podcast | Ignore noise, start accumulating! 5 'phoenix' stocks that are set for a comeback
Stocks that are likely to bounce back include names like Container Corp, Balkrishna Industries, Polycab India, Bharat Dynamics, and Birla Corporations.
BUSINESS
Taking Stock: Profit booking at higher levels, crucial support placed at 8,800
Traders need to be careful below 8,850, as the Nifty may slide further to 8,700 or 8,500, say experts.
BUSINESS
MACD, SuperTrend suggest bears may remain in control; what should traders do?
The short to medium-term bias remains weak on the market, and any pullback rally towards the resistance zone remains as a selling opportunity for traders.
BUSINESS
Gold price today: Yellow metal rises on US-China tensions; Rs 47,000 eyed
Precious metals have come off from their respective highs, but experts feel that volatility is likely to remain and the next big resistance for India Gold is placed at Rs 47000.
BUSINESS
Taking Stock: D-St gives stimulus packages a thumbs down; Sensex cracks 1,000 points
From a technical point of view, the Nifty50 index recorded a breakdown on the daily charts, which suggests that pressure could remain in the near term.
BUSINESS
Financials lose weight! 24 stocks have been part of Nifty for past 15 years
As many as 48 percent of Nifty-50 constituents or 24 stocks remain unchanged over 15 years. Of these 24, four each are from auto, oil, and technology, two each from Private Banks, Consumer etc.
BUSINESS
Gold price today: Yellow metal gains on US-China worries, weak equity markets
MCX gold could test next resistance levels of 47800-48100 in the coming days, 46920-46600 act as major support levels.
BUSINESS
HUL, JSW Steel, UltraTech Cements breakout buys for this week: Sumeet Bagadia
Technically, 9000-9500 is a trading range in which the Nifty index has been trading for the last many days. If the index gives the breakout of the same then 500-800 points of movement will be there on either side direction.
BUSINESS
Crucial support at 9,000; 3 breakout buys that can give 11-15% returns
For the coming week, 9,000 will act as the key support level to hold the market and 9,450 and 9,600 will be the key resistance levels to watch out for, Gaurav Garg told Moneycontrol.
