BUSINESS
Taking Stock: Sensex slips off day’s highs, closes 276 points up; Nifty above 11,500
Sectorally, the action was seen in IT, metals, healthcare and Bankex while mild profit-taking was seen in telecom, utilities, consumer durables and the energy space.
BUSINESS
Small & midcaps trade at attractive PE and P/BV multiples: Rajeev Srivastava
The Nifty50 has bounced from the long-term 200-day moving average placed at 10,800 and expectations of domestic and global stimulus led to a sharp upmove across sectors and stocks.
BUSINESS
HDFC AMC and Sun Pharma among top 10 short-term trading ideas by experts
The Nifty is now trading above 20-DMA, 50-DMA, 100-DMA, and 200-DMA on daily as well as weekly time frame which is a clear sign that prices are in complete control of bulls.
BUSINESS
Gold price today: Yellow metal down nearly 1%; support seen at Rs 49,800
Experts are of the view that below Rs 50,000, the next big support for the yellow metal is placed at Rs 49,800 per 10 gm. It could retest Rs 51,200-51,500 on the upside.
BUSINESS
DAILY VOICE | Avoid high-beta stocks that could be vulnerable to external shocks: Hiren Ved of Alchemy Capital
The best way to invest is to drip feed – invest small amounts over a period of time. Timing the market is a dangerous strategy that could backfire.
BUSINESS
Buy the dip! Donald Trump COVID positive status could fuel volatility on Monday
Indian market could witness a knee jerk reaction when trading resumes on Monday tracking a fall in US markets on Friday after Donald Trump tested positive for COVID-19 that put investors in a risk-off mood.
BUSINESS
DAILY VOICE: Action in banks, auto, consumer durables ahead of festival season, here’s why
The Nifty formed an Inside Bar pattern which suggests indecisiveness on part of the bears who were in control of the markets for most of September. Last week's recovery was primarily driven by banking stocks.
BUSINESS
Stay cautious, US election outcome can turn the tide: Umesh Mehta
Investors shouldn’t be aggressive buyers and approach the rally with caution since the US elections would be a key event to watch out for.
BUSINESS
Sensex, Nifty rally over 3%; 27 stocks in BSE 500 rise 10-30%
The S&P BSE Sensex rose 3.5 percent while the Nifty50 was up 3.3 percent in the week ended October 1. S&P BSE Midcap index and the S&P BSE Smallcap index closed with gains of about 3.3 percent each in the same period.
BUSINESS
The Market Podcast | Kunj Bansal demystifies global investing; allocate 10% of funds
Looking forward, considering the facility is available for Indians, investors should take some exposure towards global funds as part of the asset allocation strategy.
BUSINESS
Trade Spotlight: IPCA Labs, IndusInd Bank & Indiabulls Ventures in focus
On October 1, IPCA Laboratories rose nearly 4 percent, IndusInd Bank rose more than 12 percent and was also the top index gainer. Indiabulls Ventures closed with gains of nearly 6 percent.
BUSINESS
DAILY VOICE: Investors are worried about second wave of COVID-19, says Canara Robeco's Nimesh Chandan
Pharmaceuticals, consumer staples, telecom, and utilities have been less impacted by the COVID-19 pandemic.
BUSINESS
D-Street Talk podcast | Stay safe from volatility! Allocate higher amount to debt: V Srivatsa
The market is premised on hopes that there will be full normalcy by FY22, says Srivatsa.
BUSINESS
Taking Stock: Sensex rallies more than 600 points; Nifty above 11,400 levels
The S&P BSE Bankex was up 3.7 percent, followed by the S&P BSE Finance which rose 3.03 percent, and the S&P BSE Telecom index closed with gains of 2.02 percent.
BUSINESS
Bulls beware! Top 4 risks that investors should watch out for in October
Indian equity markets have been trading at cyclically expensive valuations reflecting a quick road to normalcy. At a recent swing high of 11,800 Nifty traded at a PE of more than 19.2 times of FY22 EPS.
BUSINESS
Trade Spotlight: Apollo Hospitals, Welspun Corp & Advanced Enzyme in focus
Stocks like Apollo Hospitals hit a fresh 52-week high, Welspun Corp was locked at upper circuit and Advanced Enzyme rose nearly 13 percent.
BUSINESS
DAILY VOICE | US elections, rising COVID cases and valuations to drive markets: Naveen Kulkarni of Axis Securities
October will be an interesting month marked by market volatility on account of upcoming US Presidential elections, earnings especially for the BFSI sector, and local political events like the Bihar elections.
BUSINESS
Taking Stock: Sensex ends 95 points higher; mid & smallcaps underperform
Top Nifty gainers include Titan Company, Tech Mahindra, and Grasim Industries.
BUSINESS
Long-term investing: Over 300 BSE stocks would have made you a crorepati in 20 years
KBC has been on air for some 20 years. Moneycontrol analysis shows there are about 300 stocks in BSE universe that would have made their investors a crorepati in the same time period. These include PI Industries, UPL and Symphony
BUSINESS
Gold price today: Yellow metal trades flat, may face resistance near Rs 50,800
Experts are of the view that the buy-on-dip strategy will work on September 30. On the upside, crucial resistance is placed at 50,800-50,920.
BUSINESS
Trade Spotlight: InfoEdge, Hero MotoCorp & Balkrishna Industries in focus
Stocks like Info Edge, Hero MotoCorp, and Balkrishna Industries hit a 52-week high in a volatile session on Tuesday.
BUSINESS
DAILY VOICE | Quality companies with low debt will shine in medium term: R Venkataraman of IIFL Securities
Companies like Ashok Leyland, Kaveri Seeds, Deepak Nitrite, Sudarshan Chemical, etc. have strong fundamentals & could benefit disproportionately if the MFs were to reallocate funds to mid and small-caps.
BUSINESS
After The Bell: Market ends flat; what should investors do on Wednesday?
Selling is advisable below 11180 for the target of 11100 or 11050 levels. Meanwhile for the Bank Nifty 21250 levels would be a big support, however, below that we may see a further weakness to 21000/20850 levels.
BUSINESS
Taking Stock: Market takes a breather; Nifty holds 11,200 levels
On the broader market front – the S&P BSE Mid-cap index fell 0.16 percent, and the S&P BSE Small-cap index was down 0.01 percent.
