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Kshitij Anand

Editor Markets

Moneycontrol

Kshitij Anand is the Markets Editor at Moneycontrol. He looks after stocks markets coverage on the portal.

'Rally can reverse course if not supported by positive corporate commentary post Dec quarter'

BUSINESS

'Rally can reverse course if not supported by positive corporate commentary post Dec quarter'

Festive season demand of November-December holds the key to the market movement, says Rajesh Cheruvu.

'Valuations not cheap but can overshoot in near term, these 3 sectors to benefit from tax cut'

BUSINESS

'Valuations not cheap but can overshoot in near term, these 3 sectors to benefit from tax cut'

The government's clear focus on reviving growth is a big positive for equities, says Ajay Menon

Fresh highs possible by Budget 2020; wait for dips to get into midcaps: Vijay Kedia

BUSINESS

Fresh highs possible by Budget 2020; wait for dips to get into midcaps: Vijay Kedia

I think FII flows should reverse. They had been a constant seller in the market since the last 2 months. Now, that trend will change. They can't take risk on their career by avoiding India.

A $20 bn booster shot! Bata, HDFC Bank, L&T among 20 stocks to benefit the most from tax rate cuts

BUSINESS

A $20 bn booster shot! Bata, HDFC Bank, L&T among 20 stocks to benefit the most from tax rate cuts

The measures taken have the potential to be a game-changer, both for the economy and the equity markets.

A morning walk down Dalal Street | Nifty can extend gains if it sustains above 50-DMA of 11,117

BUSINESS

A morning walk down Dalal Street | Nifty can extend gains if it sustains above 50-DMA of 11,117

The possibility of some consolidation or profit booking could be possible after a sharp run-up, but the sustenance of 50-day moving average (11,117) going forward can take Nifty to higher levels, experts feel.

'Corporate tax cut will boost earnings by 15-20%; HDFC Bank, ONGC, M&M among 20 cos to benefit the most'

BUSINESS

'Corporate tax cut will boost earnings by 15-20%; HDFC Bank, ONGC, M&M among 20 cos to benefit the most'

"Expect huge FDI inflows into the country in the midst of trade war between the US and China. The bearish trend is over for the market and investors would now look forward to buy stocks in any market correction," said Rusmik Oza, Head of Fundamental Research, Kotak Securities.

Missed the 2,000 point Sensex rally on Friday? Here's what to do on Monday

BUSINESS

Missed the 2,000 point Sensex rally on Friday? Here's what to do on Monday

The move will not only results in a 7 percent earnings upgrade in Nifty companies but could boost Nifty EPS in the double-digit territory, suggest experts.

I would not be surprised if we see new record highs on Sensex by Diwali: Vinay Pandit

BUSINESS

I would not be surprised if we see new record highs on Sensex by Diwali: Vinay Pandit

Banking stocks (including NBFCs), auto companies (though minimalistic since already at approx. 27-28%), consumer companies (FMCG, retail, consumer discretionary stocks, durables), pharma companies (adjusted for R&D benefits), and PSUs should be some of the key beneficiaries of this slash in corporate tax rate.

These 20 Nifty 50 companies pay more than 30% tax rate; time to buy?

BUSINESS

These 20 Nifty 50 companies pay more than 30% tax rate; time to buy?

Any company paying 33% tax rate will see its earnings go up by 12%. Overall, Nifty earnings going up by ~5-6% in FY20.

What to buy? Banks, realty, capital goods, infra cos to benefit the most from FM move

BUSINESS

What to buy? Banks, realty, capital goods, infra cos to benefit the most from FM move

Experts feel that the sentiment has certainly moved from cautious to positive and the sectors likely to benefit the most are banks, capital goods, infra and realty.

What should investors buy now? 25 Nifty50 stocks trading at a premium to their 10-yr average

BUSINESS

What should investors buy now? 25 Nifty50 stocks trading at a premium to their 10-yr average

Experts feel that the premium given to the stocks is justified, and will continue to dominate the space as they can be termed ‘safe bets’ in volatile times.

Sensex down 4000 points since June, nearly 300 BSE500 stocks take 10-70% hit

BUSINESS

Sensex down 4000 points since June, nearly 300 BSE500 stocks take 10-70% hit

The index is just 25 points away from turning negative for the year 2019, and has fallen 4,219 points or little over 10 percent from its record high of 40,312 registered in June 2019.

Gold price today: Yellow metal falls as rally in equity market dents safe-haven demand

BUSINESS

Gold price today: Yellow metal falls as rally in equity market dents safe-haven demand

Gold prices expected to hold 37,500 and could move in the range of 37,500-38,000. Silver prices could hold 45,800 and we expect it to move in the range of 45,800-46,800.

A morning walk down Dalal Street | Nifty may show sign of some strength if it closes above 10,845

BUSINESS

A morning walk down Dalal Street | Nifty may show sign of some strength if it closes above 10,845

Upside is seen capped at 10,800- 10,845 levels while a close above 10,845 can be considered as initial sign of some strength for near term.

Gold price today: Yellow metal edges lower after US Fed slash rates by 25 bps

BUSINESS

Gold price today: Yellow metal edges lower after US Fed slash rates by 25 bps

Experts suggest that Gold prices could retest Rs 37,500-37,400 per 10 grams. Silver prices are also expected to remain soft and could retest Rs 46,500-46,200 post the US Fed verdict.

A morning walk down Dalal Street | Nifty likely to consolidate, may stretch towards 10929, 10950

BUSINESS

A morning walk down Dalal Street | Nifty likely to consolidate, may stretch towards 10929, 10950

Experts feel the formation suggests a bearishness, but as supports are intact, the consolidation is likely to be seen in coming sessions.

60% of Nifty and 70% of Nifty500 stocks record ‘Death Cross’ on daily charts; a major selloff imminent?

BUSINESS

60% of Nifty and 70% of Nifty500 stocks record ‘Death Cross’ on daily charts; a major selloff imminent?

The Nifty might have turned negative for 2019, but almost 60% of index constituents are in a bear grip as registered by the 'Death Cross' formation

Proposed Rs 100 lakh cr expenditure puts infra sector in spotlight; L&T, Mahindra among 10 stocks in focus

BUSINESS

Proposed Rs 100 lakh cr expenditure puts infra sector in spotlight; L&T, Mahindra among 10 stocks in focus

Infrastructure sector has a big multiplier impact on the economy and experts feel that select stocks in the sector are likely to hog limelight.

Gold price today: Yellow metal hovers near Rs 38,150; use dips to buy for a target of Rs 38,330

BUSINESS

Gold price today: Yellow metal hovers near Rs 38,150; use dips to buy for a target of Rs 38,330

Experts suggest that geopolitical tensions, weakness in rupee and expectations of Fed rate cut will continue to support bullion prices in near future.

Cement, oil & gas among 3 sectors likely to outperform; here’s why

BUSINESS

Cement, oil & gas among 3 sectors likely to outperform; here’s why

We expect Nifty50 to inch towards 11,500-11,600 shortly. The Nifty50 could see a brisk movement as and when it crosses the 200-DMA placed at 11,222 level, says Rusmik Oza, Head of Fundamentals Research, Kotak Securities

Smart investing: 40 PMSes across large, mid & multicap outperformed Nifty in August

BUSINESS

Smart investing: 40 PMSes across large, mid & multicap outperformed Nifty in August

Portfolio Management Services cater to wealthy investors with portfolio sizes exceeding Rs 25 lakh. The professional fee charged by them is slightly higher than regular mutual funds

Rupee at 1-month high, likely to trade in the range of 70.80-71.60 levels

BUSINESS

Rupee at 1-month high, likely to trade in the range of 70.80-71.60 levels

Going forward, we expect the rupee to face stiff resistance around 70.80 levels and witness some depreciation all over again

Metals, Oil & Gas and auto likely to hog limelight in the coming week; here’s why

BUSINESS

Metals, Oil & Gas and auto likely to hog limelight in the coming week; here’s why

The coming week can be clouded by speculations of the GST council outcome which is expected on the 20th of September.

Small & Midcaps outperform; nearly 50 stocks in BSE500 rise 10-50% in 4 sessions

BUSINESS

Small & Midcaps outperform; nearly 50 stocks in BSE500 rise 10-50% in 4 sessions

Positive global cues helped Indian markets climb crucial resistance levels for the week ended September 14, but the big move was seen in the small & midcaps space.

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