TRENDS
FII selling in Indian equities largely attributed to second Covid wave: Jyoti Roy of Angel Broking
The intensity of the second wave has caught all market participants by surprise and FIIs will wait for clear indication that the worst of the Covid wave is behind us before we see a reversal in the outflows, said Roy
BUSINESS
Nifty in wait-and-watch mode, 10 technical trading ideas for short term
The level of 14,590 on the Nifty should act as strong support, below it, the correction is likely to continue to 14,500. A further downside till 14,390 is also possible, say experts.
BUSINESS
DAILY VOICE | India's long-term structural story will bring back FIIs once COVID is contained: Mayuresh Joshi of William O’Neil India
The rise in COVID cases, inflationary concerns in the west, geopolitical flare-ups might cause short-term volatility in the markets but the longer-term outlook remains pretty stable and solid for Indian equities.
BUSINESS
Bears likely to remain in control of Nifty as long as it trades below 14900: Sumeet Bagadia of Choice Broking
If Nifty sustains below 14600 then we will see 14400-14300 levels, whereas a breakout above 14900 will take Nifty towards the level of 15100-15300, says Bagadia.
BUSINESS
Recent positive crossover of 50-SMA with 200-SMA on hourly charts is a bullish sign for Nifty: Mehul Kothari of AnandRathi
In case the support of 14400 is taken out then the index could slide towards 14,200 – 14,000 which is the lower end of the falling channel in which the index has been trading for quite some time, says Mehul Kothari, AVP – Technical Research at AnandRathi.
BUSINESS
28 stocks in BSE500 index rose 10-30% as small, midcaps outperform
The Nifty is expected to extend its consolidation (14400-14900 range) in the coming week amid stock-specific action, while our medium-term view of 15400 remains intact, suggest experts.
BUSINESS
After The Bell: Markets close mixed, what should investors do on Monday?
The index has to cross and hold above 14,750 zones to witness stability and an up move towards 14,900 then 15,000. On the downside, support exists at 14,600 and 145,00, say experts.
BUSINESS
How should your COVID-proof portfolio look like? Here are 2 options
We have seen a sectoral rotation with funds moving from defensive to cyclical sectors on recovery hopes, and reserved the trend when the market turned choppy, suggest experts.
BUSINESS
Govt assures availability of over 2 billion doses of vaccine this year: BFSI, auto and cement could see renewed buying interest
Global vaccine maker floating tenders adds to the vaccination drive it certainly reduces the vaccination concerns that the Street has and the perceived risk attached to it, suggest experts.
BUSINESS
Trade Spotlight: What should investors do with Godrej Consumer Products, Godrej Industries & Siemens?
Here's what Shrikant Chouhan of Kotak Securities recommends investors should do with these stocks when the market resumes trading today
TRENDS
Second COVID wave likely to hit June quarter earnings; experts see these sectors as pockets of opportunities
The last two quarters saw consistent earnings upgrades which will halt now and we could see earnings downgrades after June quarter results. The real threat to earnings could a possible third wave, suggest experts.
BUSINESS
After The Bell: Nifty below 14700 levels; what should investors do on Friday?
The Sensex as well as the Nifty extended losses due to concerns over hike in global interest rates and bond yield due to rising commodity prices and inflationary pressures, experts say.
BUSINESS
Will Taiwan's COVID-19 warning impact Indian markets? Here's what experts say
There may not be a huge outflow of FII money since the situation in Taiwan is much better than in other emerging economies like Brazil and India, say experts.
BUSINESS
Taiwan, Moody’s cut in India GDP forecasts weigh on markets
Asian markets are trading at two-month lows as the commodity price surge fuels inflation fears and an earlier than expected hike in US rates
BUSINESS
FIIs raise stake in over 60% of Nifty50 firms in March quarter, ownership back to pre-COVID levels in Nifty500
Changes in FII shareholding suggest foreign investors prefer sectors that can gain from the pandemic and those which can bounce back quickly when the situation improves
BUSINESS
Equity MF inflows dip in April; will pick up once COVID situation eases, say experts
Fund of Funds offerings remain attractive for investors as global equities continue to rise. Overseas Fund of Funds investing saw net inflows of Rs 695.34 crore in April.
BUSINESS
Gold price today: Yellow metal trades lower, experts say buy on dips for target of Rs 48,000
Experts suggest buying in gold around Rs 47,500 with a stop loss of Rs 47,240 for a target of Rs 48,000 and in silver at around Rs 71,400 with a stop loss of Rs 70,700 for a target of Rs 72,600.
BUSINESS
Trade Spotlight: What should investors do with Praj Industries, BHEL and SpiceJet?
Stocks that were in focus included Praj Industries which rose over 4 percent, SpiceJet rallied more than 9 percent, and BHEL gained 11 percent on Tuesday.
BUSINESS
DAILY VOICE: Earnings downgrades could happen in COVID affected sectors in upcoming quarter: Dr. Vikas Gupta of OmniScience Capital
A downgrade by rating agencies is quite unlikely since RBI is visibly leading from the front. Further, the government has also clearly shown its intent to support the economy in the past year, says Gupta.
BUSINESS
After The Bell: Nifty below 14,900, what should investors do on Wednesday?
The Nifty has to hold above 14,800 for an up move towards 15,000 and 15,050, while on the downside, support exists at 14,700 and 14,600 zones, say experts.
BUSINESS
Gold price today: Yellow metal trades flat, buy for a target of Rs 48,200: Experts
Gold may witness choppy trade along with the US dollar, however, the general bias remains positive as the US Fed may continue to emphasize the need for lower rates, said an expert
BUSINESS
'Sell in May & Go Away': Will bears dominate D-Street this month?
Some experts suggest that for all categories of investors - institutional as well as retail - partial profit booking is advisable since valuations are high and uncertainty is rising; expect a reasonable 5-10 percent correction in markets
BUSINESS
Trade Spotlight: What should investors do with Hindustan Copper, Praj Industries & Angel Broking?
Stocks that were in focus included Hindustan Copper which rose 10 percent, Praj Industries which rose over 14 percent, and Angel Broking that gained 10 percent on Monday.
BUSINESS
After The Bell: 15k breakout crucial for bulls, what should investors do on Tuesday?
The Nifty has to hold above 14,850 for an up move towards 15,050 and 15,150, while on the downside, support exists at 14,800 and 14,700, say experts.
