BUSINESS
Trade Spotlight: TCS, IRB Infra, Tejas Network, Future Retail, IDBI bank in focus
The Nifty reclaimed 10,800 levels on July 9 but the bulls will only be able to take control once the index breaks above 10,900 levels.
BUSINESS
Pharma, FMCG and speciality chemicals likely to turn leaders in next 6 months: Mayuresh Joshi
Earnings expected to be soft over the next two quarters due to forced lockdown but should recover in the second half as the unlocking of the economy will give some fillip to recovery.
BUSINESS
After The Bell: TCS feels COVID pain; here’s what investors should do on Friday?
The broader markets underperformed while the benchmark indices put up a smart show by rallying over a percent each. The Sensex rallied over 400 points and the Nifty closed above 10,800 levels
BUSINESS
Opportunity or caution? Small & midcaps show signs of revival; 15 stocks to bet on
There is hardly any valuation gap between the Nifty50 and Nifty Midcap 100 Index, hence investors should be careful with mid and smallcap stocks, say experts.
BUSINESS
Gold price today: Yellow metal rangebound; buy on dips as long as 48,800 holds
The trend will remain on the upside as long as the yellow metal holds 48,800 while a close above 49,200 can take it towards 49,400 levels.
BUSINESS
Trade spotlight: SAIL, Hind Copper, Affle India, CreditAccess, Alok Industries in focus
The trend still remains to be on the upside as the Nifty holds above crucial support levels, but a break below 10,600-10,500 can trigger another round of profit-taking.
BUSINESS
Worst is behind us! IT, consumption, private banks likely to act as safe-haven: BNP Paribas
March-21 fair value will be in the range of 9,600–11,100, depending on how far the lockdowns get extended, says BNP Paribas' Amit Shah.
BUSINESS
Gold glitters! Profit booking derails bull rally; what should investors do on Thursday morning?
After rallying nearly 4 percent, the indecisive candle on July 7 gave traders an indication that the market rally may be losing momentum
BUSINESS
We estimate a 10% YoY contraction in Nifty EPS in FY21: R Venkataraman
Expensive valuations (due to recent rally and depressed earnings estimate) and an uncertain recovery path (of the economy) are likely to weigh on equity markets.
BUSINESS
Not FAANG, but Indian investors are lapping up ‘FAAMNG’ stocks
A rally in the US market has been driven by a handful of leading tech stocks and consequently, it is not surprising that most asset managers have reasonably high exposure to them.
BUSINESS
Gold price today: Yellow metal retreat from highs; buy on dips for a target of Rs 49,000
India's August gold futures were trading flat with a negative bias but experts say investors should use the dip to buy for a target of Rs 49,000-49,200 per 10 gm.
BUSINESS
Trade spotlight: Bajaj Finance, Bandhan Bank, IGL, Bosch & Ujjivan in focus
Indian markets rallied for the fifth day in a row on July 7 and swift price action was seen in stocks like Bajaj Finance, Bosch, Bandhan Bank, IGL and Ujjivan Financial Services.
BUSINESS
No loss is big! India’s new breed of 'Robinhood' traders light up D-St in 2020
The traders who have entered Dalal Street in 2020 come armed with strategy, having used the volatility to learn from their mistakes, and are determined to make money.
BUSINESS
Gold price today: Yellow metal rises; likely to trade in a range of 47,700-48,500
The yellow metal has crucial support near 48000-47700 while on the upside critical resistance is placed Rs 48,550 per 10 gm.
BUSINESS
'The last 6 months were like a Twenty20 match where Nifty stunned most investors’
Our cautious view on the markets makes us believe that sectors such as healthcare, telecom, insurance, IT, and consumer staples are resilient in the current environment and could outperform.
BUSINESS
D-Street Talk podcast | Small & midcaps likely to outperform in second half of 2020; 7 stocks to buy: Dharmesh Shah
Despite elevated global volatility, Nifty midcap and small-cap indices relatively outperformed during June 2020, as both indices rallied 11 percent and 15 percent, respectively.
BUSINESS
Chasing returns? Rs 6,000 crore of Indian money riding on US markets, can grow multifold in 3-5 years
Lots of investors are talking about 15-20 percent allocation towards international equities. As diversification takes off, the Rs 6000-crore sum will increase manifold over the next three to five years.
BUSINESS
Gold holds potential to hit Rs 51,000 but may see profit-taking in near term: Rajeev Srivastava
We also see that safe-haven appeal for gold will remain intact amid concerns of a rise in COVID-19 cases and geopolitical concerns. Investment demand in the form of gold ETF is at a 7-year high.
BUSINESS
Investors should stay away from penny stocks at this juncture: Rusmik Oza
Since the Nifty is trading close to ~22x on a one-year forward basis, valuations are stretched and we don’t expect the index to go or sustain above the 11,000-mark, says Oza.
BUSINESS
Gold price today: Yellow metal retreats from highs; crucial support at Rs 47,500
Gold may have fallen from the record high but experts say crucial support for the yellow metal is placed at Rs 47,500-47,600 levels per 10 gm.
BUSINESS
Q1FY21 will be a complete washout, but watch out for management commentary: Umesh Mehta
The index is hovering around 10,600-10,700 levels, which might turn into a crucial resistance, and support is now placed at 10,300, Samco Securities's Umesh Mehta told Moneycontrol.
BUSINESS
Upside for Nifty could remain capped around 10700-10800 zone: Aasif Hirani
It is ideal to refrain from leverage longs and maintain a trailing stop strategy. While due to its overbought state fresh shorts are warranted only on a breakdown below 10300 for a move towards 10000.
BUSINESS
Small & mid-caps underperform, but over 60 stocks buck trend & rose 10-30%
On the broader markets front, investors preferred to book profits as the S&P BSE Mid-cap index was up 0.2 percent while the S&P BSE Small-cap index was down 0.21 percent in the same period.
BUSINESS
The Market Podcast | See Nifty above 11000 by March 2021, bet on large & midcaps: Amit Shah of BNP Paribas
We believe March -21 fair value to be in the range of 9600 – 11100, depending on how far the lockdowns get extended. As highlighted earlier, this does indicate that the worse is behind us.
