BUSINESS
Gold price today: Yellow metal trades higher, could see resistance near Rs 49,580
Experts are of the view that the yellow metal is likely to retain its strength but could face some pressure near Rs 49,580 while support is seen at Rs 48,660 per 10 gm.
BUSINESS
Big bet for 2021? 90% of stocks in Small & Midcap index trade above 50 & 200-DMA
The recent euphoria in these stocks does suggest that money is chasing growth and will continue to do so in 2021 but chances of some consolidation cannot be ruled out, suggest experts.
BUSINESS
DAILY VOICE | New investors would be better off investing in good companies or a MF rather than trading: Atul Bhole of DSP Investment
The real concern for markets in 2021 to my mind is actually the market factoring too much and too fast from the current levels too. In that case, the risk of having bigger drawdowns obviously increases later on, says Bhole.
BUSINESS
Trade Spotlight: How to trade Infosys, Wipro ahead of December quarter results?
Stocks like Infosys pared gains after hitting a fresh 52-week high, Wipro rose more than 2 percent on Tuesday, and Tata Motors rallied over 8 percent.
BUSINESS
After The Bell: Nifty inches closer towards 14,600; what should investors do on Wednesday?
On Wednesday, the indices would take hold at the level of 14,650/49,800 or at 14,700/50,000. On the downside, the Nifty should find support between 14,450 or at 14,400.
BUSINESS
Retail investors eye Budget 2021 with lot of hope: 3 expectations from the Finance Minister
With an economy that is gradually reviving from a COVID-induced slump, all eyes will be on the Finance Minister, Nirmala Sitharaman, who will present the Union Budget on February 1.
BUSINESS
Gold price today: Yellow metal trades flat, Sell on rally towards Rs 49,550
Experts are of the view that investors can use rallies towards 49,550 could be used to go short as further strength in the dollar index could push both the precious metals lower.
BUSINESS
Don’t ignore this underperforming sector of 2020, 8 stocks to buy in 2021
Several large private banks have witnessed a sharp rebound post their 2QFY21 earnings and their valuation appears to be rich, while many small private banks are still trading below their average multiples.
BUSINESS
DAILY VOICE | Budget 2021 likely to focus on creating jobs & infrastructure: Ashutosh Tiwari of Equirus Securities
Liquidity is one of the key reasons behind the rally in markets. If we see any breaks over there it would be a cause for worry in the year 2021, says Tiwari of Equirus Securities.
BUSINESS
Trade Spotlight: What should investors do with Tata Motors, Infosys & Bajaj Electricals?
Stocks like Bajaj Electricals rose more than 5 percent, Tata Motors rallied more than 11 percent, and Infosys was up by around 5 percent were some of the stocks in focus.
BUSINESS
After The Bell: Sensex scales Mount 49k, what should investors do on Tuesday?
The benchmark index is heading towards the short-term target of 14,600, beyond which 15,000 will be the next major target. On the downside, 14,300-14,250 will act as a key support zone, say experts.
BUSINESS
Optimism around Budget 2021 fuelled rally in small & midcaps: Umesh Mehta of Samco Group
The momentum for the market has been strong enough to drive Nifty to new all-time high levels. With this feat, the market seems to be stretched on the valuation front at the higher end, says Mehta.
BUSINESS
M&M and ACC among top 10 short-term trading ideas for the next 3-4 weeks
All Nifty 50 components are trading above their 200 days SMA, highlighting robust market breadth which gauges the inherent strength of the market, suggest experts.
BUSINESS
Gold price today: Yellow metal below Rs 49,000, support placed at Rs 48,200
Experts are of the view that the trend in precious metal could remain week. Crucial support for Gold is placed 48200-48600 while Silver has support at Rs 63200-62500 levels.
BUSINESS
DAILY VOICE | Sorbh Gupta of Quantum lists out 4 reasons why equity will be preferred asset class in 2021
We believe cyclical like Consumer Discretionary & Real estate etc. are already benefitting from lower interest rates. Any further announcements to stimulate consumption demand will help these sectors, says Gupta.
BUSINESS
FII flows showing signs of slowdown, Nifty resistance placed at 14,500: Gaurav Garg of CapitalVia Global Research
Small and midcap stocks have fared better than the blue-chip stocks, broader market indices seem to be supported by the Auto & ancillary, Banking stocks, and Pharmaceutical sectors, says Garg.
BUSINESS
With improvement in macros, Nifty earnings expected to grow by 39% in FY22: Rajeev Srivastava of Reliance Securities
We expect Nifty earnings to grow by 39 percent and 20 percent in FY22E and FY23E, respectively. The NIFTY50 is trading at 20x FY22E earnings, which is ~13 percent premium to its historical valuation.
BUSINESS
Small & midcaps outperform in historic week: nearly 50 stocks in BSE500 rise 10-40%
The strategy should be to buy the dip towards 14000 while on the upside big resistance could be seen near 14500-14600 levels in the coming week, suggest experts.
BUSINESS
The Market Podcast | A dip of 8-10% possible but the rally will continue: Jyoti Roy of Angel Broking
The rally will continue but yes a drawdown is possible given the fact that we are trading more than FY22 earnings almost close to 21X.
BUSINESS
Gold price today: Yellow metal slips, buy the dip for a target of Rs 51,200
Experts are of the view that investors can consider buying gold on the dip for a target of Rs 51,000-51,200 per 10 gm. Silver is also a buy for a target of Rs 71,500.
BUSINESS
10-year data show bull & bear lock horns in January; where is market headed this year?
Although chances of a pullback remain high there are no immediate signs which suggest that the rally will reverse from here and Nifty can make an attempt towards 14500-15000 levels.
BUSINESS
Trade Spotlight: Bharat Forge, Ashok Leyland & Hind Copper in focus
Stocks like Bharat Forge rallied over 9 percent, Ashok Leyland gained more than 5 percent while Hindustan Copper closed with gains of over 7 percent in a subdued market.
BUSINESS
DAILY VOICE | Banks, commodities & industrials will be in focus ahead of Budget 2021: Dipan Mehta of Elixir Equities
Broad market revival is expected and sectors sensitive to the economy such as banks, commodities, and industrials. These have underperformed for many quarters and the trend may reverse, says the Director at Elixir Equities Pvt Ltd
BUSINESS
D-Street Talk podcast | Alok Jain of Weekend Investing explains how momentum investing that answers 4 basic questions
The 4 basic questions are – what to buy, when to buy, how much to buy, and when to sell. If investors are clear about these 4 answers while doing their investment – they would probably have a stress free investment.
