BUSINESS
Book partial profits on rallies; Nifty may find support near 9,000 levels: Sundar Sanmukhani
Since this doesn’t seem to be a fundamentally driven rally (14% rally in April), we are not confident of market sustaining at higher levels, says Sundar Sanmukhani.
BUSINESS
Over 360 stocks in Nifty500 trading below 50 & 200-DMA; what should investors do?
The Nifty50 formed an ‘Island Reversal’ pattern on the daily charts on May 4 which is a reversal pattern, and the next big support for the index is placed at 9,250, and below that 8,900-8,800, suggest experts.
BUSINESS
Gold price today: Yellow metal is likely to consolidate in 45,500-46,000 range
Experts feel that volatility is here to stay and mild consolidation is likely in the range of 45,400-46,000 levels.
BUSINESS
The Market Podcast | Sell in 2020 and come back in 2021: Prakarsh Gagdani
A large part of the market movement will be dependent on what happens across the globe with respect to the easing of lockdown in the US, as well as the spread of COVID-19 cases.
BUSINESS
Taking Stock | Bloodbath on D-Street: Investors lose nearly Rs 6 lakh crore, Sensex plunge 2,000 pts
Investors lose nearly 6 lakh cr in a single trading session. The average market capitalisation of the BSE-listed companies fell from Rs 129.41 lakh cr recorded on April 30 to Rs 123.69 lakh cr on May 4.
BUSINESS
Warren Buffett offloads US airline stocks: Time to sell Indigo & Spicejet?
Experts advise investors to bring down their exposure in the airline. If they are long term investor then they could hold the stock, they say.
BUSINESS
Stimulus package or confirmed vaccine will be key things to watch for, in May: Gaurav Garg
The Indian benchmarks jumped nearly 3 percent on the closing of the long weekend for the market. The investors are still in hope for the stimulus package by the government.
BUSINESS
HUL to underperform in short term given expensive valuations: Ashish Chaturmohta
In the medium term, HUL should farewell as it will be a key beneficiary of the rural demand recovery and one of the least impacted companies from COVID-19 led disruptions.
BUSINESS
Sell in May and go Away? 10-year data suggests otherwise
Data from the last 10 years suggest that bulls got an upper hand seven times in the month of April. Nifty50 closed in the green in 6 out of the last 10 years, data from AceEquity showed.
BUSINESS
Gold price today: Yellow metal gains as US-China tensions dent sentiment
Gold and silver prices which corrected by around 2 percent last week in the international as well as domestic market could see some bounce back but will remain vulnerable to profit booking at higher levels.
BUSINESS
HUL Q4 results miss estimates: Should investors buy, sell or hold the stock?
After a 14 percent rally, most experts feel that valuations still remain high buy it is a good buy on dips stocks for the long term.
BUSINESS
What should investors do with Tech Mahindra post Q4: buy, sell or hold?
Tech Mahindra March quarter results were below analysts estimates, and the pain seen in the March quarter is likely to extend in Q1FY21, suggest experts.
BUSINESS
Any correction near 9,400 level would be a good entry point: Vikas Jain
The later part of the results season is always very weak, which could also pull the markets lower in the second half of May, Vikas Jain, Senior Research Analyst at Reliance Securities, told Moneycontrol.
BUSINESS
Auto index up 30% from lows in a month; Buy on Maruti, Escorts & Minda: Vinod Nair
The auto index has given a return of 30 percent in the last 1 month from its low due to the expectation that the government’s stimulus package on the economy will benefit the industry & sales will improve in Q2.
BUSINESS
Two stocks doubled while 19 rose over 50% in BSE500 in April lockdown mania
Investors’ wealth rose by nearly Rs 16 lakh cr in a month. The average market capitalisation of the BSE-listed companies grew from Rs 113.48 lakh cr as on March 31 to Rs 129.41 lakh cr recorded on April 30.
BUSINESS
Investors' can hold HUL post March quarter results; sell Tech Mahindra: Umesh Mehta
HUL’s quarterly show missed Street estimates on an overall front and the underlying volumes contracted by 7 percent as demand fell due to the COVID-19 lockdown, the highest decline since demonetization quarter.
BUSINESS
The Market Podcast | Pankaj Pandey lists out 10 companies with balance sheet strength to ride COVID-19 crisis
Tune in to The Market Podcast with Kshitij Anand to find out what transpired in the markets this week.
BUSINESS
Promoters raise stake in over 60 companies in past 2 years; worth a look?
Theory suggests that an increase in promoter holding is usually considered as a positive sign while a decrease is usually considered negative.
BUSINESS
Gold price today: Yellow metal rebounds after falling over 1%; support seen at 45,330
Experts are of the view that precious metal is likely to trade in a range as risk-on sentiment lift equities. The crucial support for India Gold is placed around 45300 levels, they say.
BUSINESS
Taking Stock: Market at 7-week high! Nifty back above 9,500
All eyes will be on the FOMC outcome later in the day, say experts. But, the strong rally on D-Street has set the tone for the Nifty to reclaim 9,600 and possibly head towards 10,000.
BUSINESS
26 bargain buys for the taking as Nifty likely to march towards 10,000: Experts
A healthy consolidation and a breakout above 9400 could take the Nifty towards 10,000 in the coming days, brokerage firm ICICI Direct has said in a note.
BUSINESS
Nearly 70 stocks in smallcap index gain over 50% in April; time to buy or stay away?
Stocks that rose more than 50 percent in the S&P BSE Smallcap index in April include Sobha, Gabriel India, Take Solutions, Zen Technologies, DHFL, Future Enterprises and Cox & Kings
BUSINESS
Gold price today: Yellow metal rebounds ahead of FOMC meeting; support seen at 45,700
Gold is expected to trade in the range of 45700-46330 either side breakout of the range will give further direction, suggest experts.
BUSINESS
Taking Stock: Sensex reclaims Mount 32K; time to book profits or stay put?
Sectorally, the action was seen in BSE Finance index, which was up 3.5 percent, followed by the Bankex that closed 2.9 percent higher.
