BUSINESS
Gold price today: Yellow metal trades lower, experts say buy on dips towards Rs 47,000
The two metals will likely remain volatile but investors can look at buying gold on dips towards Rs 47,000 for a target of Rs 47,440, say experts.
BUSINESS
DAILY VOICE | Ultratech Cement, L&T, ICICI Bank among stocks that will benefit from revival of CAPEX cycle: Motilal Oswal 's Gautam Duggad
Budget 2021 has created a very conducive top-down backdrop and provided a clear path for growth, says Duggad.
BUSINESS
Use dips to buy! Nifty50 could test 15,500 in February series, says Nirali Shah of Samco Securities
As the government makes capex spending a priority, infra companies will stand to see more order tendering and can see strong revenue growth in the coming times, says the Head of Equity Research at Samco
BUSINESS
RBI's move to allow retail participation in govt securities will ease burden on banks: Rajeev Srivastava of Reliance Securities
On the higher side, the monthly resistance is placed at 15,150-15,200 levels while on the downside, supports are in the range of 14,380-14,470 gap levels.
BUSINESS
As Sensex, Nifty surge to new all-time highs, over 100 stocks in BSE500 rallied 10-40% in a week
Now, the Nifty50 has to continue to hold above 14,864 zones to continue its bullish momentum towards 15,250-15,500 levels. Support can be seen around 14400 levels, suggest experts.
BUSINESS
The Market Podcast | Krishna Kumar Karwa of Emkay Global highlights 3 sectors for decade post Budget 2021
The investors don’t have to rejig the portfolio entirely but yes incremental allocation towards equities can begin now and there are some sector that one could go overweight now such as banks, NBFC, Infra etc., says Karwa.
BUSINESS
Gold price today: Yellow metal gains, sell on rise for a target of Rs 46,400
Experts advise investors to go short on rallies for a target of 46,400 as prices are expected to remain under pressure in the short term.
BUSINESS
Trade Spotlight: What should investors do with Indian Bank, Adani Enterprises and Apollo Tyres?
Stocks like Indian Bank rose over 16 percent and hit a 52-week high of Rs 120.80, Adani Enterprises gained over 4 percent, and Apollo Tyres closed with gains of more than 7 percent were some of the stocks in focus on Thursday.
BUSINESS
DAILY VOICE | ICICI Bank, Axis Bank among 8 stocks that could benefit from Budget: Ashutosh Tiwari of Equirus Securities
We would suggest investors focus more on Investment-related sectors mentioned above as manufacturing is likely to be the main driver of growth over the next 5 years, says Tiwari.
BUSINESS
After The Bell: Mcap of BSE companies hits Rs 200 lakh crore, what should investors do on Friday?
Data suggests that 149,00/50,800 will be the immediate hurdle for day traders, above it, a further uptrend till 15,000-15,035 /51,300-51,650 can be expected.
BUSINESS
FIIs up stake in 457 companies, 68 have risen 100% since June; time to book profits?
Having run up swiftly over the last few months, pharma, metal, cement and auto stocks are already seeing profit-booking, say experts.
BUSINESS
Gold price today: Yellow metal trades in the red, March silver too down over 1%
Gold has support at Rs 47,500-47,200 and resistance is placed at Rs 48,050-48,330 levels, silver has support at Rs 67,500-66,600 and resistance at Rs 69,800-70,700 levels, say experts.
BUSINESS
Trade Spotlight: What should investors do with Astral Poly, M&M and IndusInd Bank?
Stocks like Astral Poly rose by about 8 percent, M&M hit a fresh 52-week high but closed with marginal gains of over 2 percent, and IndusInd Bank rallied over 7 percent were some of the stocks in focus.
BUSINESS
DAILY VOICE| With Budget behind, use correction to increase allocation in equities with a 2-3 year view: Rusmik Oza of Kotak Securities
We expect equity valuations to remain at elevated levels due to expected economic rebound, strong earnings print, and low bond yields, says Oza.
BUSINESS
After The Bell: Bull run continues for 3rd day; what should investors do on Thursday?
The Nifty has to continue to hold above 14,600 zones to continue its bullish momentum towards 14,850 and then 15,000 zones while support can be seen around 14,500 and then 14,400 zones, suggest experts.
BUSINESS
D-Street Talk podcast | Union Budget 2021 a pleasant surprise, but execution remains to be the key: S Ranganathan of LKP Securities
The Budget is bold enough to go for higher market borrowing even though some of the skeptics may argue on the fiscal deficit front, says Ranganathan of LKP Securities.
BUSINESS
Brokerages pick 30 stocks to play the growth story promised by FM in Budget 2021
Investors should stay invested, particularly in sectors like financials especially private sector banking IT, pharma, autos, cement and segments of FMCG. Domestic cyclicals appear to be strong bets.
BUSINESS
Gold price today: Yellow metal gains strength, Silver March Futures up nearly 2%
Gold may continue to witness mixed trade unless there is clarity on the US dollar trend however we expect price to trade with a positive bias on US stimulus expectations and loose monetary policy stance of central banks, suggest experts.
BUSINESS
Rakesh Jhunjhunwala to investors: Market has given you a chance, grab it!
The Budget 2021 was a bold Budget from the Indian Government, and for investors, it is best to tweak the portfolio by going overweight on equities.
BUSINESS
We focus on clean, dominant, high RoCE and low-debt small and midcap companies: Ashvin Shetty of Marcellus Investment Managers
Little Champs portfolio is to identify and invest in 15-20 niche-dominant small cap companies with clean accounts & corporate governance, track record of prudent capital allocation, and at the same time decent growth potential.
BUSINESS
Trade Spotlight: What should investors do with Tata Motors, HDFC Bank and KNR Construction?
Stocks like Tata Motors rose more than 15 percent, HDFC Bank rallied more than 5 percent to a fresh 52-week high while KNR Construction rose by about 10 percent were some of the stocks in focus on Tuesday.
BUSINESS
After The Bell: Sensex reclaims 50,000, what should investors do on Wednesday?
Traders & investors need to keep the last stop loss at 14100/48400. We need to be defensive as the market approaches previous highs and the focus should be on pharmaceuticals and FMCG stocks.
BUSINESS
Nifty Bank rallies over 10% post Budget: Here are 5 reasons why the index is rising
Motilal Oswal picks ICICI Bank, SBI, Axis Bank, and AU Finance as top picks while ICICIdirect is positive on Axis and SBI post Budget 2021.
BUSINESS
Gold price today: Yellow metal trades lower; silver March futures down over 2%
Domestic gold prices have become cheaper due to duty cut however general price trend will be determined by international markets.
