BUSINESS
After The Bell: Market tests support levels; what should investors do on Wednesday?
Indian markets witnessed a highly volatile trade and closed in red due to weak global market and reports of Indo-China border tension. The downside was equally contributed by all the sectors except pharma.
BUSINESS
Bulls likely to take control in the run-up to Budget: Ashis Biswas of CapitalVia Global Research
A cluster of support zone supported by other technical evidence suggests 13,900 (Nifty 50 Index level) will act as a pivotal point for short to medium-term perspective, says Biswas.
BUSINESS
Trade with caution! Top 10 short-term trading ideas by experts for February series
A break below this level can also lead to a swath of investors who will look to book profits and can push the index as low as 13,100 levels. Hence, experts believe that traders should tread cautiously from hereon
BUSINESS
Gold price today: Yellow metal holds above Rs 49,100, experts say buy on dips
Experts are of the view that investors can buy any dip towards Rs 49,000 for a target of Rs 49,400 per 10 gm. Gold came under pressure due to recovery in the dollar but stimulus hopes kept the sentiment alive.
BUSINESS
DAILY VOICE | We are overweight on financials, industrials and materials: Amish Shah of BofA Securities
Shah is UW on IT, Energy, Discretionary sectors. IT has reported good earnings in recent results, but we think that valuations now already price that in.
BUSINESS
If Budget expectations aren’t met, short-term correction is likely: Umesh Mehta of Samco Group
The Nifty continues to be in a bullish trend and is expected to continue with this trend unless it breaks the support level of Nifty 14,200, says Mehta.
BUSINESS
We expect Nifty to settle near 14,500-mark in January series: Navneet Daga of YES SECURITIES
Traders should look to create long positions on Nifty in the range of 14,300 with strict stop loss levels of 14,200 on a closing basis.
BUSINESS
Small & midcaps underperform: 21 stocks in BSE500 buck the trend, up 10-50%
There are 21 stocks in the S&P BSE 500 index that bucked the trend that include names like DCM Shriram, Bajaj Auto, Ceat, Apollo Tyres, Gateway Distriparks, Tata Motors, and Future Consumer etc. among others.
BUSINESS
The Market Podcast | Retail investors want the Budget 2021 to have stability in taxes: Sunil Rohokale of ASK Group
A lot of retail investors joined D-Street in 2020 and what could put instill confidence among them would be a stable tax regime with respect to Long Term Capital Gains Tax and Short Term Capital Gains Tax as well as STT, said Rohokale.
BUSINESS
Sensex at 1,00,000 a real possibility, what should be your investment strategy?
One should not get carried away with index levels. It is important to stick to a disciplined approach of buying and holding on to great businesses and eliminate undeserving names from the portfolio, say experts.
BUSINESS
Gold price today: Yellow metal trades lower, buy for a target of Rs 49,750
Investors can use the dip towards Rs 49,100 to buy for a target of Rs 49,750 per 10 gm, say experts. Weakness in the dollar index is likely to support safe-haven prices.
BUSINESS
DAILY VOICE: 50,000 is just another number; focus on growth, profitability while picking stocks: Kunj Bansal of Karvy Capital
There is always a pre-budget rally in fertilizer, agri, and railway-related sectors which invariably fizzles out after budget. Instead, investors will be better advised to focus on longer-term trends.
BUSINESS
Trade Spotlight: What should investors do with Havells India, SBI Life Voltas & RIL?
Stocks like Havells India rose more than 11 percent, Voltas gained nearly 5 percent and Reliance Industries closed with gains of 2 percent ahead of results on 22 January. These were some of the stocks in focus on January 21.
BUSINESS
After The Bell: D-St takes a U-turn after hitting 50k; what should investors do on Friday?
Since 'booking profit is better than looking at profit', experts advise taking some profits around 14,800-15,000 levels and keep the portfolio hedged with the Nifty Put Options of February expiry.
BUSINESS
Financial Stability Report a concern but analysts are betting big on these 9 banking stocks
Despite the recent rally, there are plenty of opportunities within the private sector banks, which are adequately provided and have sufficient capital, say experts.
BUSINESS
'Sensex touching 50,000 in 2021 is like Indian cricket team winning test series in Australia'
The Sensex has almost doubled from the lows of 25,638 in March 2020. The average market capitalisation of BSE-listed companies has now swollen to Rs 198 lakh crore.
BUSINESS
Sensex@50K! Don’t fear the dip, have faith in Indian story: Experts
What a journey it has been for the benchmark index from 100 mark as on April 1979 to 50,000 mark in Jan 2021, which amounts to a compounded annual returns of just shy of 15.5% over the period of last 43 years.
BUSINESS
Sensex hits 50,000! Six key risks that could play spoilsport for the D-Street bulls
Only if the Budget is path-breaking in terms of policies (Govt spending, divestment, revenue-raising or capital market-friendly) this upmove can sustain beyond a point, say experts.
BUSINESS
Gold price today: Yellow metal gains, buy on dips for a target of Rs 50,000
Experts say gold is supported by weakness in the dollar and hopes of a bigger stimulus package as Joe Biden takes charge. They favour buying the dip for a target of Rs 50,000 per 10 gm.
BUSINESS
Trade Spotlight: What should investors do with Bajaj Auto, Tata Motors & MindTree?
Bajaj Auto which hit its fresh 52-week high closed flat, Tata Motors rose more than 6 percent while MindTree closed with gains of more than 6 percent.
BUSINESS
DAILY VOICE | Budget 2021 likely to focus on infra, healthcare & job creation: Gaurav Dua of Sharekhan
Some of the pre-budget trading picks are: Ultratech Cements, L&T, SBI, Bharat Electronics, BPCL, Mahanagar Gas, and Century Plyboards, recommends Dua.
BUSINESS
After The Bell: Sensex, Nifty hit record highs; what should investors do on Thursday?
Ahead of Joe Biden’s inauguration as President, the US market is on an upbeat mood with high expectations of a big US stimulus, said Vinod Nair
BUSINESS
50,000 on Sensex and 15,000 on Nifty may be coming ahead of the Budget 2021
Experts feel that it is a healthy dip in a bull market and is not unusual as long as crucial support levels remain intact
BUSINESS
Gold price today: Yellow metal trades higher; buy for a target of Rs 49,300
Experts are of the view that investors can look at buying yellow metal on dips for a target of Rs 49300 while Silver can also climb back above Rs 67000.
