BUSINESS
Ides of March: Will the second COVID-19 wave derail the bull run of FY21?
Investors can look for knee-jerk reactions in stocks as an interesting opportunity to buy and commit a small proportion of fresh capital for the long term ahead of the Q4 earnings season in April, say experts.
BUSINESS
DAILY VOICE | FY21 has set the floor for extended growth in market for 4-5 years: Shailendra Kumar of Narnolia Financial Advisors
FY21 has set the floor for extended growth for the next 4-5 years. FY22 too should be producing a similar kind of returns. We expect we are entering an all-around optimism phase in the Indian economy, says Kumar.
BUSINESS
Risk-to-reward in favour of going long in select auto stocks: Aditya Agarwala of Yes Securities
The auto Index had run up quite significantly and was sitting in overbought territory, a correction in the sector should be considered healthy that will make room for the next leg of the upmove, says Agarwala.
BUSINESS
Nifty likely to bounce back from support to 14,800-15,000 in April series: Sumeet Bagadia of Choice Broking
COVID-19 infections, macro-economic data like PMI manufacturing & services, IIP and auto sales will influence the market movement in the April series, says Bagadia.
BUSINESS
Shortage of raw material, rise in metal prices weighing on auto stocks: Nirali Shah of Samco Securities
The chip supply crunch and a rise in base metal prices have forced automakers to resort to price hikes, denting demand for an already cyclical industry, says Shah.
BUSINESS
D-Street Talk: Make Rs 100 cr by investing Rs 10 lakh using TechnoFunda Investing: Vivek Mashrani of TechnoFunda Investing
The bigger task is to find companies that are showing growth of 20-25% CAGR in the sectors which are undergoing megatrends and that is where concepts of TechnoFunda investing comes in, says Mashrani.
BUSINESS
D-Street Talk: More than 1 cr investors hold Bitcoin in India; women investors seen rising, says Pareen Lathia, WazirX
Bitcoin has already become an asset class in India. There are more than 1 cr people holding the crypto in India. We have seen $1 bn of turnover, and we have seen a global surge in Bitcoin investments primarily because it is seen as a hedge, says Lathia.
BUSINESS
D-Street Talk: Don’t fight market! Hit the drawing board and comeback with a new strategy: Piyush Chaudhry of Wave Analytics
One thing which retail investors should keep in mind is “never bet so much that you can’t make a come back,” says Chaudhry.
BUSINESS
Pare your expectations, but follow Warren Buffett's advice! Nifty likely to head towards 17,000 in FY22: Experts
Investors who managed to conquer their fright and remained invested or added fresh money instead, are smiling at the sight of Multibagger returns in certain stocks. The Nifty50 almost doubled from the closing low of 7,610 recorded on March 23, 2020
BUSINESS
DAILY VOICE | The new-age retail investors now want to own global companies: Viram Shah of Vested Finance
We strongly believe that international diversification is here to stay. We’re still at day zero in terms of Indian investors diversifying their investments beyond our local market, says Shah.
BUSINESS
Trade Spotlight: What should investors do with Adani Total Gas, Bank of India and Adani Enterprises?
Adani Enterprises rose nearly 8 percent with strong volumes, Bank of India rose nearly 10 percent and Adani Total Gas rallied over 9 percent towards the close of the trade. Here are expert recommendations on how to trade these stocks today.
BUSINESS
DAILY VOICE | Indian equity will always command a premium compared to the EM MSCI Index: Sanjay Sachdev of Freedom Financial Services
India is currently witnessing a V-shaped recovery so companies in Auto & Auto Ancillary, Chemicals and Technology, especially in the mid and small-cap segment, are expected to grow faster than large-cap companies, says Sachdev.
BUSINESS
After The Bell: Banks shine post SC verdict; what should investors do on Wednesday?
The Nifty50 index has to hold above 14,750 zones to witness an up move towards 14,900 and 15,000 zones while on the downside immediate support exists at 14,700 then 14,600 zones.
BUSINESS
Second COVID wave hits D-Street: Should investors buy the dip or cash out?
Though the rising number of Coronavirus cases and further lockdowns may impact the economy, experts say that the long-term India story is still intact and investors have nothing to worry about.
BUSINESS
Not just FAANG, Indian investors could look at these 15 US stocks in FY22: Experts
Besides the usual favourites like Apple, Amazon and Facebook, Indians are now taking interest in some lesser-known stocks such as Fossil, Gap, Yelp, Concentrix Corp and Beyond Meat Inc, say experts
BUSINESS
Gold price today | Yellow metal trades lower buy on dips for target of Rs 45,150: Experts
At MCX, Gold has support at 44,660-44,500 and resistance is placed at 45,150-45,300 and Silver has support at 65,800-65,500 and resistance at 67,000-67,600 levels. We suggest buying in the gold on dips, suggest experts.
BUSINESS
Trade Spotlight: What should investors do with Atul, IndusInd Bank, & SCI?
Atul rose nearly 3 percent with strong volumes, IndusInd Bank fell by over 4 percent, and Shipping Corporation of India was up nearly 12 percent towards the close of the trade on March 22.
BUSINESS
After The Bell: Sensex stages smart recovery, what should investors do on Tuesday?
The index has to hold above 14,700 to witness an upmove towards 14,900 and 15,000, while on the downside, immediate support exists at 14,600 then 14,450 zones.
BUSINESS
Vehicle scrappage policy: Sharekhan and ICICIDirect pick their favourite stocks
Experts say the 'Voluntary Vehicle-Fleet Modernisation Program' will help the entire value chain of commercial vehicles, including OEM players, tyre makers and ancillaries
BUSINESS
We are in a bull market, Nifty could trade in 16,000-16,500 range in FY22: Ashish Chaturmohta of Sanctum Wealth
However, the resurgence of COVID-19 cases in India is worrying the market with the possibility of large-scale lockdowns, which could dent the economic recovery, he said.
BUSINESS
Brace for volatility in F&O expiry week, top 10 trading ideas for the next series
Volatility is expected to remain high this next as well due to the monthly derivatives contract expiry. Coronavirus updates and performance of global markets will be closely tracked, say experts.
BUSINESS
Gold price today: Yellow metal trades flat, Silver May futures fall over 1%
Gold has support at 44770-44550 and resistance at 45280-45600; silver is having support at 67000-66600 and resistance at 68200-68800 levels. We suggest buying in the gold on dips around 44850, suggest experts.
BUSINESS
DAILY VOICE | 2 big plays post-vaccine are consumption and BFSI sectors: Dinshaw Irani of Helios India
The 20s decade itself will be very exciting, as the pandemic has only accelerated trends that would have taken years for adopting. The decade will be known for the adoption of new technologies, says Irani.
BUSINESS
FII activity muted in March, they wrote calls and bought puts: Mehul Kothari of AnandRathi
The scrappage policy is good for the entire auto pack—private as well as commercial vehicles. However, old vehicles are not that high in numbers, so the benefit would be a long-drawn process, says Kothari.
