BUSINESS
Gold price today: Yellow metal holds above Rs 49,000; can buy on dip with target at Rs 49,600
At MCX, Gold has a support at Rs48,987–48,649, while resistance is placed at Rs49,550–49,775 and silver has support at Rs62,978-62,222, while resistance is at Rs64,213–64,692,
BUSINESS
DAILY VOICE | Thanks to abundant liquidity, 2021 will be a strong year for IPOs: Anuj Kapoor of UBS India
Indian equity markets reached record levels in 2020 and I expect them to remain in a sweet spot in 2021 although it will be difficult to replicate the ECM volumes for the previous year.
BUSINESS
Burger King IPO likely to see about 70% gains on listing: Gaurav Garg
Investors should invest in value picks as momentum still persists in broader indices. An investor should keep their investment horizon longer and choose stocks accordingly.
BUSINESS
DAILY VOICE | Mid and smallcap stocks have more to gain as the economy recovers: Umesh Mehta of Samco Group
Bulls are fully in charge and the market is trading in unchartered territory. Investors and traders should remain cautious in the short term as the market has become a little bit stretched.
BUSINESS
Small & Midcaps underperform: Only 34 stocks in BSE 500 rose 10-40% this week
Experts are of the view that the momentum remains strong and every dip is getting bought. The next target for the index is placed at 14,000, and on the downside 13,000 will act as crucial support.
BUSINESS
Technical View: Nifty forms 'Doji' candle; bulls eye 13,600 for breakout
This is the second consecutive day when Nifty50 formed a Doji kind of candle which suggests indecisiveness among the bulls as well as the bears. For bulls to take control, a break above 13600 is required, suggest experts
BUSINESS
The Market Podcast | Could see 5-10% correction in 2021; IT & Pharma top bets: Nikhil Kamath
If the earnings slowed down in the first quarter of the next financial year, then it should bring the markets back to the 12,000 levels, says Kamath.
BUSINESS
Dividend stocks better for risk-averse investors; 8 shares that offer over 10% yield
For conservative investors who want to earn better returns than Fixed Deposit, stocks like Coal India, IOC are trading at cheap valuations and are attractive both on price and dividend yield front, experts said.
BUSINESS
Gold price today: Yellow metal trades in green; next target seen at Rs 49400
Experts are of the view that investors can buy the precious metal on dips near Rs 48,900, for a target of Rs 49,400, while Silver could be bought around Rs 63000, for a target of Rs 64500.
BUSINESS
Trade Spotlight: What should investors do with Wockhardt & Tanla Solutions?
Stocks like Wockhardt rose nearly 5 percent, Tanla Solutions hit a fresh 52-week high, and Tube Investment rallied nearly 6 percent to a fresh 52-week high of Rs 881.85.
BUSINESS
DAILY VOICE | Valuations are expensive, make sense to wait for a dip to buy: Zerodha's Nikhil Kamath
Focusing on the inherent economy and fundamentals might be a better metric to gauge for markets, says Nikhil Kamath.
BUSINESS
After The Bell: Nifty in the red, here’s what investors should do on Friday
Going ahead, 13,400-13,350 will act as a crucial support zone. The overall outlook continues to be positive, with the short-term target at 13,700.
BUSINESS
Technical View: Nifty forms Doji candle, slips below 13,500
Intraday traders can consider shorting the Nifty below 13,399 in the next session and look for a target between 13,300 and 13,260 levels. Fresh buying opportunity shall arise only on a close above 13,550, analysts say.
BUSINESS
Lucky 6! MF & FIIs raised stake in these stocks in each quarter of 2020
Most of the companies in which FIIs and fund managers have raised stake can be 'buy on dips' stocks, experts said. A majority of them are focused on consumption and are recovery plays on the economy.
BUSINESS
Sensex climbs Mount 46K, Nifty50 at 13,500: What should investors do?
Experts are of the view that it makes sense to take some profits off the table and turn slightly cautious. Buying on dips will be a more prudent approach rather than buying at current levels.
BUSINESS
Gold price today: Yellow metal trades flat, deploy sell-on-rally strategy
Experts are of the view that investors will be better off deploying sell on rally approach at around Rs 49,500, with the stop loss of Rs 49,770 for a target of Rs 49,000-48,920.
BUSINESS
DAILY VOICE | All eyes on small & midcaps; gold finance firms could underperform: Satish Kumar of Equirus Securities
I think infrastructure stocks will do well in the coming year. Also, gold finance companies may underperform as at best yellow metal will remain sideways, says Satish Kumar.
BUSINESS
After The Bell: Fresh record highs, here’s what investors should do on Thursday
Investor wealth has grown by more than Rs 1 lakh crore on the BSE and more than Rs 8 lakh crore in December so far.
BUSINESS
Technical View: Nifty forms bullish candle; next target 13,700
The index level is far away from its short-term average price, traders would be better off by booking profits and maintaining a neutral stance, says Mazhar Mohammad of Chartviewindia.in.
BUSINESS
Vaccine hopes keep the D-Street party on; 5 stocks that are likely to benefit the most
Based on the technical structure, Pharma is getting ready for yet another round of action as most of its constituents have resumed from their near-term consolidation.
BUSINESS
DAILY VOICE | Stay put! Sensex could hit the 100,000-mark by 2025: Amar Ambani of YES Securities
It is also an opportune time to tweak and tighten your portfolio for the next bull run. Vikram Samvat 2077 could well be akin to the year 2003, from a market standpoint.
BUSINESS
F&O expiry week eyed, 10 short-term trading ideas that can give 7-18% return
After a swift rally, the NIfty is consolidating around resistance levels of 12000, an important level from the market as well as option writers' perspective. The short-term support is now placed at 11,600.
BUSINESS
Small, mid-caps perform better in December quarter: Gaurav Garg
On a weekly basis, the Nifty50 has formed a Doji pattern, which indicates an indecisiveness in the market. A clear direction will emerge only if its gets past 1,2050 on the upside or breaks 11,650 on the downside, says Garg.
BUSINESS
‘HDFC Bank under Sashidhar could become a mammoth global financial service provider’
Given that the biggest strength of any organization is its employees and systems in place - HDFC Bank has a really long runway ahead where it can unfold itself into a global mammoth financial service provider.
