BUSINESS
Trade Spotlight: What should investors do with Alkyl Amines, Balaji Amines & Vinati Organics?
Stocks that were in focus include Alkyl Amines that rose 20 percent to a fresh 52-week high, Balaji Amines which rallied more than 19 percent, and Vinati Organics that closed with gains of nearly 3 percent on Tuesday.
BUSINESS
DAILY VOICE | A 60-40 split between large, mid/small-cap is optimal amid uncertainty: Anand Shah of ICICI Prudential AMC
Segments of the market such as IT, pharmaceutical, textiles which are net exporters and are dependent on global recovery are likely to remain robust, said Shah.
BUSINESS
After The Bell: Nifty back above 14,600, what should investors do on Wednesday?
The index has to continue to hold above 146,00 to witness an up move towards 14,800-14,880, while on the downside, support exists at 14,500 and 14,400, say experts.
BUSINESS
Nearly 50% of new listings fall below issue price; wait for earnings, say experts
The bull market helped many IPOs command high valuations but experts say that these companies would need to post strong earnings to meet investor expectations.
BUSINESS
Lockdown could hit revenues of small & medium enterprises in upcoming quarters: Mohit Nigam of Hem Securities
We are continuously exploring new technology and gaming options. It is an exciting space with a lot of new players and unique opportunities, said Nigam
BUSINESS
Gold price today: Yellow metal trades flat; support seen at Rs 47,330
Gold has support at Rs 47330-47150 and resistance at Rs 47660-47800. Silver has support at Rs 68200-67700 and resistance at Rs 69100-69600 levels. We suggest buying in silver around Rs 68500 with a stop loss of Rs 68100 for the target of Rs 69300, suggest experts.
BUSINESS
Trade Spotlight: What should investors do with ICICI Prudential, JSW Steel & SAIL?
Stocks that were in focus include ICICI Prudential that rose over 6 percent, JSW Steel that rallied more than 3 percent, and SAIL which closed with gains of over 8 percent.
BUSINESS
After The Bell: Sensex back above 48,000, what should investors do on Tuesday?
The Nifty has to continue to hold above 14,400 to witness an up move towards 14,600 and 14,700 zones, while on the downside, support exists at 14,300 and 14,150 zones, say experts.
BUSINESS
If Nifty goes past 14,460, doors will open for 15,000: Ashish Chaturmohta of Sanctum Wealth Management
The Nifty is in a decline mode but it is a sideways-to-negative correction. For the last couple of weeks, it has found support on multiple occasions at around 14,250-14,150 and managed to hold above the critical support zone.
BUSINESS
Gold Price Today: Yellow metal trades higher; buy for a target of Rs 47,850, say experts
Gold has support at 47330-47150 and resistance at 47770-48000; silver has support at 68200-67700 and resistance at 69100-69500. Buy gold on dips around 47400 with a stop loss of 47150 for the target of 47850, suggest experts.
BUSINESS
As states extend lockdown, here are 6 COVID-proof stocks
Experts fear the restrictions will hit economic activity and earnings of India Inc in the upcoming June quarter. Though the impact will be felt on a sequential basis, on a YoY basis, the results will be strong, they say.
BUSINESS
DAILY VOICE | Possibility of some consolidation in near term; FMCG, pathology stocks likely to do well: Jay Thakkar of Marwadi Shares
FMCG sector like that of Pharma is likely to perform well in the short to medium term. The Pathology Labs are also likely to perform well in the short to medium term, says Thakkar.
BUSINESS
Chart structure suggests both midcap and smallcap indices will remain rangebound: Aditya Agarwala of YES Securities
FIIs have become cautious on the growth which has led them to pull out some money from the emerging market like India, he said.
BUSINESS
Sensex, Nifty slip by about 2%, 30 stocks in Smallcap index rise 10-30% in a week
Markets are likely to be volatile but investors are now adopting a stock-specific strategy by allocating funds to fundamentally strong stocks with growth prospects, suggest experts.
BUSINESS
Corrections bound to occur at higher valuations; opportunities available in smallcaps: Nirali Shah of Samco Securities
We suggest traders maintain a mild bullish to sideways bias on the market and keep tight stop loss just below the market support, said Shah.
BUSINESS
After The Bell: Nifty closes below 14,400, what should investors do on Monday?
The Nifty has to cross and hold above 14,400 to witness a bounce towards 14,600 and 14,700, while on the downside, support exists at 14,250 and 14,150 zones, say experts.
BUSINESS
Gold price today: Yellow metal trades flat, experts say buy for target of Rs 48,200
Gold has support at Rs 47,500-47,330 and resistance at Rs 48,000-48,280. Silver has support at Rs 68,800-68,500 and resistance at Rs 69,900-70,400, say experts.
BUSINESS
Over 100 small and midcap stocks down 20-50% from recent highs. What you should do, per analysts
Data suggest that the Midcap 100 and Smallcap 100 indices outperformed the Nifty in nine out of 12 months. Some of the current mid and small-cap companies would become large companies as the economy and the market expand, and those are must-have stocks that will help create huge wealth, says an expert.
BUSINESS
Trade Spotlight: What should investors do with Suven Pharma, Balrampur Chini & Wipro?
Stocks like Suven Pharma rose over 5 percent, Balrampur Chini Mills rallied nearly 7 percent, and Wipro closed with gains of over 3 percent to a fresh 52-week high on April 22.
BUSINESS
DAILY VOICE | Robust corporate earnings may not be sustainable if COVID impacts demand and jobs: Satish Ramanathan of JM Financial AMC
Corporate India has been better prepared to face COVID phase 2 than before. However, demand could again regress as the pent-up demand that we saw after the first phase of COVID may not materialize. In fact, there might be some cutbacks, says Ramanathan.
BUSINESS
After The Bell: Sensex back above 48,000 in a volatile session; what should investors do on Friday?
In the absence of a fresh positive development, a bullish momentum was unlikely for the time being and volatility will persist; 14,200 remains a key support on the downside, say experts.
BUSINESS
10 companies that could post over 100% rise in PAT on a YoY basis: Brokerages
4QFY21 is likely to be another strong quarter as high-frequency data points indicate decent economic recovery. However, towards the end of the quarter, a spike in COVID-19 cases in the second wave has started to somewhat muddy the outlook, Motilal Oswal says.
BUSINESS
Take a jab! 12 healthcare stocks hit fresh 52-week high; huge opportunity for long term investors?
The year that started out on a sizzling note has fizzled out, with only the pharma sector - naturally - emerging as the top performer, quite like 2020
BUSINESS
Gold price today: Yellow metal trades flat; buy on dips for a target of Rs 48,600, say experts
Buy in the gold around 48000 with a stop loss of 47700 for the target of 48600 and in the silver around 70000 with a stop loss of 68800 for the target of 72200, suggest experts.
