BUSINESS
Taking Stock | Sensex, Nifty rally 1% each; small & midcaps underperform
Sectorally, the action was seen in banks, finance, public sector, and oil & gas space while mild profit taking was seen in auto, telecom, healthcare, and IT stocks.
BUSINESS
All eyes on US elections: Mark Mobius raises red flag, but here's how Indian traders can benefit
Edelweiss suggests that some market correction cannot be ruled out and one must hedge by buying the December 2020 put option of Nifty at the 11,000 levels.
BUSINESS
Experts suggest stock-specific approach: Top 10 trading ideas for the next 3-4 weeks
The index has been trading with heavy gains and is struggling to hold 11900 levels. Hence, 11850/11900 is likely to remain an important resistance zone in the short term.
BUSINESS
Gold price today: Yellow metal inches lower; buy on dips for a target of Rs 50,800-51,000
Experts are of the view that any dip in the precious metal could be used as a buying opportunity for a target of Rs 50,800-51000 on Gold, and Rs 62000 on silver.
BUSINESS
Looking for momentum plays? NMDC, Godrej Properties can rally 18-19%
We believe Nifty50 will find support near to its band of short term averages of 11430-11480 levels and also 61.8% retracement of the recent up move (10,800-12000) levels.
BUSINESS
DAILY VOICE | Indian market likely to remain range bound till US elections: Umesh Mehta
The Nifty 50 recorded a big bearish candle this week, which is a sign of market trading at overbought levels in the short-term and loss of control by the bulls.
BUSINESS
Fears of lockdown 2.0 spoil party for bulls, but these 26 stocks buck trend
As many as 26 stocks in the S&P BSE Smallcap index bucked the trend. These include Tata Metaliks, Jain Irrigations Ltd, Prakash Industries, Subex, 8K Miles, and Jindal Stainless Ltd.
BUSINESS
A decisive weekly close below 11,580 would dampen bullish sentiment: Sacchitanand Uttekar
For Nifty, 12065 remains a strong headwind above which the move towards 12146 followed by 12416 could be a quick affair while a decisive weekly close below 11580 would dampen the bullish sentiment.
BUSINESS
The Market Podcast | Hemang Jani decodes how September quarter numbers will pan out for India Inc.
September quarter may be a strong quarter but Nifty profitability may slip
BUSINESS
Taking Stock | Bulls back on Street as Sensex rallies over 250 points, but closes below 40K
Top Nifty gainers include names like Hindalco, BPCL, Tata Steel, and JSW Steel.
BUSINESS
Take note! These 10 companies could post more than 100% YoY rise in Q2 profit
Kotak Institutional Equities in a note highlighted that on a YoY basis, it expects net profits of the BSE-30 Index to decline 1.3 percent and that of the Nifty-50 to increase 0.6 percent
BUSINESS
Gold price today: Yellow metal trades flat; buy on dips for a target of Rs 51,000
Experts are of the view that investors can look to buy the yellow metal on dips for a target of Rs 50800-51000 per 10 gm.
BUSINESS
Trade Spotlight: Infosys, MindTree and Tech Mahindra in focus
Stocks like Infosys, which hit a 52-week high, closed over 2 percent lower, MindTree fell more than 8 percent, and Tech Mahindra was down more than 4 percent on Thursday.
BUSINESS
DAILY VOICE | FOMO, liquidity pushing markets; 30-40% stocks already at pre-COVID levels: Atul Bhole of DSP MF
Most of the sectors or stocks have factored in a lot and more in the past 3-4 months. Many stocks are trading at 30-40% above pre-Covid levels and have got re-rated massively.
BUSINESS
After The Bell: Another 3-4% fall possible! Here’s what investors should do on Friday?
Average market capitalisation of the BSE-listed companies fell Rs 3.3 lakh crore in a single session to Rs 157.24 lakh crore on October 15
BUSINESS
D-Street Talk podcast | Market cap at record highs but Warren Buffett indicator is still not at euphoric levels: Nitin Singh
Mcap has touched new highs, and if we look at Warren Buffett famous indicator Mcap-to-GDP, it is trading at 82% which is greater than the 10-Year average of 76% but thankfully it is not euphoric.
BUSINESS
Taking Stock: Rs 3 lakh crore in m-cap gone as Sensex drops 1,000 pts
Sectorally, the selling pressure was seen in sectors like Teleco, Banks, Energy, IT, as well as Realty index. The Nifty Bank slipped 802 points to close at 23,072.
BUSINESS
Sensex, Nifty crack more than 2% each; 5 factors weighing on market
For time being traders are advised to avoid long positions unless Nifty closes above 12020 levels whereas positional traders with a high-risk appetite can consider shorting on a close below 11900 levels.
BUSINESS
Making money for the wealthy: 20 PMS schemes gave 50-100% return in just 6 months
PMS schemes that gave more than 50 percent return include Nine River Capital’s AURUM Smallcap theme that delivered nearly 95 percent return in the last six months
BUSINESS
Gold price today: Yellow metal trades lower; crucial support placed at Rs 50,300
Experts are of the view that both Gold and Silver are likely to trade in a range and the yellow metal should be able to find support near 50300-50,000 levels.
BUSINESS
Trade Spotlight: Wipro, Sasken Technologies and SBI Cards in focus
Wipro plunged nearly 7 percent, Sasken Technologies rose over 3 percent, and SBI Cards rose over 4 percent on Wednesday.
BUSINESS
DAILY VOICE | Market has not priced in possibility of second wave of coronavirus cases: Unmesh Sharma of HDFC Securities
The market is in consolidation mode with 'low conviction coinciding with strong liquidity'. This makes the market narrow and the index level meaningless.
BUSINESS
After The Bell: Nifty tests 12,000; here’s what investors should do on Thursday
If the Nifty manages to close above 12,030, then it can jump to 12,100 or even 12,170 levels. Weakness could be seen below 11,880 levels, experts say.
BUSINESS
Taking Stock: Bulls put Nifty back above 11,900, Sensex rallies 169 points
Top Nifty gainers included Bajaj Finance, SBI Life Insurance and Bajaj Finserv.
