BUSINESS
Technical View: Nifty hits fresh record highs ahead of Christmas! forms bullish candle
On the options front, maximum Put open interest was seen at 10000 followed by 10400 strikes while maximum Call OI is at 10500 followed by 10600 strikes.
BUSINESS
Technical View: Nifty forms ‘Bearish Belt Hold’ for second day; keep a stop loss below 10,400
India VIX fell by 0.78 percent to 12.08. India VIX has fallen by 27 percent in the last three sessions and needs to hold below 13-12.50 zones to get the smooth ride.
BUSINESS
Multibaggers of 2017! Over 400 stocks created more wealth than you imagined
Among the Nifty constituents, Bajaj Finance rose over 100 percent followed by Indiabulls Housing Finance which rallied 83 percent, and Tata Steel which climbed 81 percent so far in the year 2017.
BUSINESS
Technical View: Nifty forms ‘Bearish Belt Hold’ kind of pattern; trade long with a stop below 10,400
India VIX remained almost flattish at 12.18. India VIX has fallen down by 27 percent in the last three sessions and needs to hold below 13-12.50 zones to get the smooth ride.
BUSINESS
Maruti Suzuki's joy ride continues, enters league of stocks that trade above Rs 10,000
Stocks which are trading above Rs 10,000 market price include names like MRF, Rasoi, Eicher Motors, Page Industries, Honeywell Automation, Bosch, Shree Cements, 3M India, Polson, and Maruti Suzuki.
BUSINESS
Sensex slips after hitting record highs but over 50 stocks hit a lifetime high on BSE
As many as 161 stocks on the BSE hit a fresh 52-weeks high which include names like OFSS, HDFC Bank, SRF, Emami, Jet Airways, GAIL, M&M Finance, Motherson Sumi, Tata Global Beverages, Jindal Steel, Bombay Dyeing etc. among others.
BUSINESS
Midcaps likely to end 2017 on a high note; 10 stocks which doubled your wealth
More than 60 percent of the stocks in the S&P Midcap index outperformed Sensex returns so far in the year 2017.
BUSINESS
Trade setup for Wednesday: Top 15 things you should know before Opening Bell
Technical and options data support bulls at current levels and a rally could well be on the cards as long as global cues remain stable.
BUSINESS
Technical View: Nifty on track to hit record highs; forms bullish candle on daily charts
The index which is now trading above its short-term moving averages is all set to hit fresh record highs if not in Wednesday’s session then most probably this week.
BUSINESS
Gujarat elections restores Modi’s popularity; top 19 stocks to buy post elections
The government will announce its last full budget before the 2019 elections on February 1, which is likely to reveal further details on the PSU bank recapitalisation.
BUSINESS
Top 8 stocks which have always given multibagger returns when BJP forms govt in Gujarat
The positive takeaway for the BJP is that it will form the government for the fifth term in a row despite winning the elections by a small margin. But, there are certain stocks which have always given multibagger returns of up to 4000 percent whenever BJP won in Gujarat since 2002.
BUSINESS
D-Street congratulates BJP on Gujarat win! But why are investors not happy?
The below average performance of BJP could force the government to come up with the populist measure in the upcoming budget which could put further strain on the fiscal deficit target set by the government, a number closely watched by investor community as well as global rating agencies.
BUSINESS
Nifty50 closer to record highs post Gujarat election results; Supertrend indicator gives a BUY
The last time when the Supertrend indicator gave a buy signal, the index rose to its lifetime high of 10,490 on November 6th, but soon the strength started fading and it gave a sell signal on 13 November.
BUSINESS
BJP set to form govt for 5th term; top 9 Gujarat-based stocks which could give up to 46% return
The ruling party which had a stronghold in the state since 1995 had to overcome anti-incumbency and discontent over demonetisation and GST. But, going forward, it will not be easy as Congress is likely to put up a good fight.
BUSINESS
Budget 2018: No big reforms seen but it will be positive for mkts: Ashish Somaiya
We might not necessarily see big bang or reforms, but my sense is that it is an event to watch out for, Ashish Somaiya MD & CEO, Motilal Oswal AMC, said in an exclusive interview with Moneycontrol’s Kshitij Anand.
BUSINESS
Nifty has strong base around 10,000 to withstand any negative outcome in Gujarat elections
If something negative, which was not expected came out on D-Day, does come out, there could be a knee-jerk reaction and volatility in the market.
BUSINESS
Market has discounted BJP's majority in Gujarat; 4 stocks to buy on declines
With the exit polls for the Gujarat elections predicting a comfortable victory for BJP with a single-party majority, the market will only be excited if the results are better than expected.
MARKETS
Will Nifty50 hit a record high on Monday when Gujarat Elections 2017 results get announced?
Most of the exit polls suggest a victory for the BJP in the state elections in Gujarat. A victory for the BJP will be received well by the market while a surprise defeat would be a large negative surprise for the market.
BUSINESS
Technical View: Nifty forms a ‘Spinning Top’ type pattern; all eyes on election outcome
If the index manages to hold above 10,350 on closing basis then chances of the rally to continue till 10,409 and 10,490 is possible. If the index slips below 10,140 in the next couple of trading sessions then further slide towards 10,00o looks possible.
BUSINESS
Technical View: Nifty forms a ‘Hammer’ like pattern; outcome of exit polls eyed
A Hammer which is a bullish reversal pattern is formed after a decline while Hanging Man is a bearish reversal pattern. In this pattern, market witnesses a significant selloff towards opening but manages to recoup some of the losses and closes near the opening level.
BUSINESS
Sit tight! This equity rally will extend to 2018 as well; Sensex may climb Mount 37K
Our December 2018 Sensex target of 37,500 presents about a 14 percent upside, but, we continue to believe bottom-up stock selection will be the key to performance, Abhiram Eleswarapu, Head of India Equity Research, BNP Paribas, said in an exclusive interview with Moneycontrol’s Kshitij Anand.
BUSINESS
Global brokerages see up to 12% rise in Sensex in 2018; more than 30 stocks to bet on
Global brokerages such as BofAML, Morgan Stanley, Credit Suisse, and BNP Paribas see Indian market to touch fresh record highs in the next calendar year.
BUSINESS
Technical View: Nifty forms bearish candle after 300-point rally; tread with caution
The Nifty50 which opened at 10,324.90 rose marginally to an intraday high of 10,326.10 but then bears took control and pushed the index below 10,300. It hit an intraday low of 10,230 before closing the day at 10,240, down 82 points.
BUSINESS
Love Cryptocurrency? This market expert says move over from Bitcoins and develop our own ‘Indicoin’
Bitcoins could be a thing of past if India develops its own cryptocurrency – ‘Indicoin’ which could even surpass the current market capitalization of Bitcoin, Nilesh Shah, Managing Director of Kotak Mahindra Asset Management Company said.
