BUSINESS
Bajaj Finance doubles wealth in a year, hits fresh 52-week high; is there more steam left?
Bajaj Finance is poised for a further upside and may even touch rs 7,000 in this series, say experts. Support on the downside is at Rs 5,500, and a slip below it, will halt the momentum, they say.
BUSINESS
Gold Price Today: Yellow metal trades higher, spot gold reclaims $1,900
Buy gold around Rs 49,050 with a stop loss of 48,800 for a target of 49,600 and silver around Rs 71,500 with a stop loss of 70,900 for a target of 73,100, say experts.
BUSINESS
Trade Spotlight: What should investors do with Indiabulls Housing, IRB Infrastructure & Gujarat Pipavav?
Stocks that were in focus include Indiabulls Housing Finance which rallied nearly 9 percent to hit a fresh 52-week high, IRB Infrastructure rose more than 8 percent, and Gujarat Pipavav closed with gains of more than 9 percent.
BUSINESS
DAILY VOICE | India is on a cusp of multi-year growth revival; demand recovery expected by Diwali: Harshad Borawake of Mirae Asset
In the current market scenario, staggered investments through SIPs or STPs would remain the best ways to invest in equities, says Borawake.
BUSINESS
After The Bell: Bulls take charge, here’s what should investors do on Friday
The Nifty has to hold above 15,700 for an up move towards 15,900 and 16,000, while on the downside, support exists at 15,650 and 15,550 zones, say experts.
BUSINESS
Small & Midcap Mantra | RITES: Analysts bullish on this underperformer on the verge of a breakout
The stock started rallying since May 8 and it has risen over 12 percent now. RITES is on track to retest its 52-week high of Rs 292, and the record high of Rs 331. Based on chart trends, it could possibly hit Rs 420 in 6-12 months, says an analyst
BUSINESS
Gold Price Today: Yellow metal slips; experts say support placed around Rs 48,900
Gold can be bought on dips around Rs 48,950 with a stop loss of 48,700 for the target of 49,400 and silver around Rs 71,300 with a stop loss of 70,700 for the target of 72,500, say experts.
BUSINESS
DAILY VOICE | This fund manager with over 20 years of experience raises concerns over valuations, bets on cyclicals
The valuations in the market have remained at higher levels compared to the historical range and could result in higher volatility if there is any unforeseen negative development, said Harsha Upadhyaya of Kotak Mahindra AMC.
BUSINESS
Trade Spotlight | A technical indicator signals uptrend in Avanti Feeds, Ipca Laboratories: What should investors do?
A Golden Cross is formed when a short-term moving average crosses above a long-term moving average. It signals an uptrend in the offing if the move is supported by an increase in volumes as well.
BUSINESS
After The Bell: Did Nifty made a top? Here’s what should investors do on Thursday
The index has to cross and hold above 15,600 zones to witness an up move towards 15,750 and a fresh lifetime high of 15,800 zones while on the downside support exists at 15,550 and 15,400 zones, suggest experts.
BUSINESS
Small & Midcap Mantra: Granules India on track to test record highs
With a market cap of more than Rs 8,000 crore, the stock has been an underperformer. It hit the all-time high of Rs 437.95 in December 2020. The stock is set to test this level in 2-3 months
BUSINESS
The unlock trade is all about “eat, drink and be merry”. Here are 7 stocks to play the theme
Experts said that unlock trade will be different in 2021 compared to 2020 since the lockdown this year was partial. They expect sectors such as hospitality, travel, and entertainment to benefit the most from pent-up demand
BUSINESS
Gold Price Today: Yellow metal trades higher, experts say resistance near Rs 49,330-49,400
Gold and Silver both are showing signs of profit-booking pressure on the daily technical chart. Traders are advised to go short near resistance levels and traders should also focus on some important technical level, suggest experts.
BUSINESS
We are entering a period of multi-year growth in profits ideal for a long-lasting bull market: Dipan Mehta
Risk return favours buying small/midcap stocks which have good management, corporate governance standards, and clean balance sheets, said Mehta.
BUSINESS
Trade Spotlight: What should investors do with Adani Power, Piramal Enterprises & SPARC?
Here's what Mazhar Mohammad of Chartviewindia.in recommends investors should do with these stocks when the market resumes trading today
BUSINESS
DAILY VOICE | Major pent-up demand in travel & hospitality which is likely to pick up with unlocking: Naveen Kulkarni of Axis Securities
The demand scenario will remain uncertain during the year. This could mean negative surprises in the growth rate while inflation continues to rise. Thus, there are real macro risks for the equity markets in the near to medium term, said Kulkarni
BUSINESS
After The Bell: Nifty holds 15,700 in volatile trade; what should investors do on Wednesday?
The Nifty50 has to hold above 15700 zones to witness an up move towards a fresh lifetime high of 15900 zones while on the downside support exists at 15600 and 15550 zones, say experts.
BUSINESS
Stock alert: Here’s why Gautam Shah of Goldilocks is bullish on Bajaj Auto
The two-wheeler maker has rallied by over 23 percent so far in 2021 and around 50 percent since June 1, 2020. What are the next levels to watch? Read on to know
BUSINESS
Gold Price Today: Yellow metal trades flat, experts say buy on dips for a target of Rs 49,550
Buy gold on dips around 49000 with a stop loss of 48750 for the target of 49550 and in silver around 71300 with a stop loss of 70600 for the target of 72500, suggest experts.
BUSINESS
'When market is at record highs be sure of not trading high-quality businesses for low-quality ones'
In an up-trending & broad-based market like the current one, it does make sense to remain nearly fully invested, but in such markets some stock prices tend to rise much ahead of fundamentals, said Sachin Shah of Emkay Investment Managers
BUSINESS
Trade Spotlight: What should investors do with Adani Power, Adani Ports & BHEL?
Here's what Jatin Gohil of Reliance Securities recommends investors should do with these stocks when the market resumes trading today
BUSINESS
After The Bell: Nifty makes a fresh high. What should investors do on Tuesday?
The Nifty index has to hold above 15,700 to witness an up move towards a fresh lifetime high of 16,000. While on the downside, support exists at 15,550 and 15,431, suggest experts
BUSINESS
Small & Midcap Mantra | 100% rally from June 2020, a technical indicator make Snowman Logistics an attractive buy
The stock got listed on the exchange in the year 2014 near Rs 75 odd levels and then rallied towards its lifetime high of Rs 134, and since then the stock underwent relentless fall and came down till the recent low of around 25 and then bounced back.
BUSINESS
Retail investors, HNIs and domestic funds fuelling rally in small & midcaps: Rahul Sharma of JM Financial Services
It is advisable to buy the dips with supports placed at 15,650 and 15,470. The next resistance is placed above 15,750 and then that at 15,900-16,000, says Sharma.
