BUSINESS
Trade Spotlight: What should investors do with Apollo Hospitals, Cadila Healthcare & Max Healthcare?
Stocks like Apollo Hospitals rose over 4 percent, Cadila Healthcare rallied over 5 percent, and Max Healthcare witnessed profit booking after hitting a fresh 52-week high on Tuesday.
BUSINESS
DAILY VOICE | We invest 30-40% of portfolio in turnaround opportunities: Ankit Agarwal of UTI AMC
Investors can use SIP approach to tide through some of the current volatility they see in the market, especially when investing in the mid and small-cap segments, says Agarwal.
BUSINESS
DAILY VOICE | India Inc better prepared to deal with COVID curbs in FY22: Sampath Reddy of Bajaj Allianz Life
Earnings are likely to grow by around 25 percent in FY22, however, investors should keep an eye on the impact of the second COVID wave and partial lockdowns, says Reddy
BUSINESS
After The Bell: Sensex fails to hold on to gains, what should investors do on Thursday?
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 14,200 and 14,100, say experts.
BUSINESS
What should investors do after the 4600-point fall in Sensex?
They can look at Corona-proof sectors. Investors should remain calm and stay with their investments, and add more on dips. FY22 will be seen as a stock pickers’ market, say experts.
BUSINESS
Gold price today: Yellow metal trades lower, support seen at Rs 47,155
On MCX, gold has support at Rs 47,155-46,920 and resistance at Rs 47,700-47,850. Silver has support at Rs 67,700-67,200 and resistance at Rs 69,000-69,500, say experts.
BUSINESS
DAILY VOICE | Next big multibaggers could come from Insurance & AMC sector: Hemang Jani of Motilal Oswal
After two consecutive quarters of solid earnings beats and upgrades, we expect another strong quarter, aided by a deflated base of Q4 FY20 and healthy demand recovery for the large part of Q4 FY21, said Jani.
BUSINESS
Trade Spotlight: What should investors do with SAIL, Tata Motors, & IDFC First Bank?
Some of the stocks in focus were SAIL, which fell more than 2 percent, IDFC First Bank that dropped more than 5 percent, and Tata Motors which closed with a loss of nearly 3 percent in the previous trading session.
BUSINESS
After The Bell: Sensex closes below 48,000; what should investors do on Tuesday?
The index 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 14,200 zones.
BUSINESS
A close above 32,400 on Bank Nifty could take it towards 34,000: Aditya Agarwala of YES SECURITIES
A breakout from the upper end would resume the uptrend; however, a breakdown below 14,250 which looks unlikely at the moment would push the Index to 14,000 levels on Nifty, says Agarwala.
BUSINESS
Don’t fear the second wave, the worst is priced in by markets: Experts
The world has learned much from the first wave and so it is prepared to tackle the second or the third wave of coronavirus. India is not an exception and that is why markets have bounced back from the recent selloff, say experts.
BUSINESS
What to buy after Sensex fall? 10 stocks to buy for next 3-4 weeks based on technicals
Experts believe that the consolidation is likely to continue in benchmark indices while there could be stock-specific opportunities
BUSINESS
Gold price today: Yellow metal trades flat, experts say buy on dips for a target of Rs 47,700
Investors can buy gold at around Rs 47,150 with a stop loss of Rs 46,920 for the target of Rs 47,700, Silver can be bought at around Rs 68,200 with a stop loss of Rs 67,500 for the target of Rs 69 500, say experts.
BUSINESS
DAILY VOICE | Nifty earnings likely to double YoY on a low base, say Pankaj Pandey of ICICI Securities
IT & Pharma are long-term portfolio plays. IT space has shown resilience across time frames and is a clear beneficiary of increasing corporate spending on digitalisation and cloud infrastructure. India is well-equipped to be the pharma hub of the world, says Pandey.
BUSINESS
Nifty to remain volatile amid rise in COVID-19 cases; 14,250 likely to lend support: Sumeet Bagadia of Choice Broking
For the upcoming week, the Nifty has strong support at 14,250 levels. While breaching below, it can fall towards 13,800-14,000 levels, says Sumeet Bagadia.
BUSINESS
COVID-19 second wave hit realty stocks, small & midcaps hard: Mehul Kothari of AnandRathi
With regards to the Nifty Bank, if at all 30,000 is held on the downside then we could see 34,000-36,000 pretty soon in the index, AnandRathi's Mehul Kothari told Moneycontrol.
BUSINESS
Small & midcaps underperform; these 13 stocks in BSE500 index fell over 10% each
In terms of sectors, S&P BSE Realty plunged about 6 percent followed by IT that was down by 4.4 percent for the week ended April 16.
BUSINESS
After The Bell: Market ends flat, what should investors do on Monday?
The Nifty has to continue to hold above 14,500 for an upmove towards 147,00 and 14,850, while on the downside, support exists at 14,350 and 14,250 zones.
BUSINESS
Infosys buyback: Use dips to accumulate for long term, say Gaurav Garg of CapitalVia Global Research
Any dip in the price will be an opportunity for the buyer to add the stock to their portfolio and we expect the scrip to close above Rs 1,650 in FY22, says Garg.
BUSINESS
Where are the ultra-rich investing? Over 20 stocks from top 5 PMS funds outperformed Nifty in March
Nifty50 and Sensex rose by about 1 percent compared to the 1.02 percent rise seen in the S&P BSE Midcap, and the 2.4 percent rally in the S&P BSE Smallcap index in March.
TRENDS
Gold price today: Yellow metal trades flat; buy on dips for a target of Rs 47,700: Experts
MCX Gold June is trading above 21 as well as 50 Day Moving Average and has given breakout above Rs 47000 levels which could push prices up to Rs 47300-47680 levels. Support is at Rs 47000-46800, suggest experts.
BUSINESS
COVID takes toll, over 50% Nifty50 stocks are down 10-20% from highs
Stocks that are down in double digits include Tata Steel, UPL, Bajaj Finance, NTPC, Kotak Mahindra Bank, Bharti Airtel, Tata Motors, Axis Bank, Bajaj Finance, and IndusInd Bank among others
BUSINESS
DAILY VOICE | In times of COVID avoid stocks with low growth prospects and high leverage: Roop Bhootra of Anand Rathi
We believe that sectors like IT, Pharma, consumer discretionary, Chemical and Metal are likely to do well in March Quarter. On the other hand, the tourism and exhibition sectors may see a setback, says Bhootra.
BUSINESS
Trade Spotlight: What should investors do with Balrampur Chini, Wipro & HDFC Bank?
Some of the stocks in focus were Balrampur Chini, which rose more than 9 percent, Wipro that gained more than 2 percent ahead of results, and HDFC Bank which closed with gains of over 2 percent on Thursday.
