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Kshitij Anand

Editor Markets

Moneycontrol

Kshitij Anand is the Markets Editor at Moneycontrol. He looks after stocks markets coverage on the portal.

Gold price today: Yellow metal rises; could head towards 47,000

BUSINESS

Gold price today: Yellow metal rises; could head towards 47,000

Gold is expected to be traded in the range of Rs 46100 to 46850 levels, and as long as we trade above Rs 46500, the possibility of yellow metal inching towards 47000 per 10 gm remains intact.

The Market Podcast | Add tax-free bonds and gold to portfolio; IT and pharma safe bets: Nikhil Kamath

BUSINESS

The Market Podcast | Add tax-free bonds and gold to portfolio; IT and pharma safe bets: Nikhil Kamath

Tune in to this exclusive interview with Nikhil Kamath, co-founder and CIO True Beacon and Zerodha.

Taking Stock: Bulls run out of charge, Sensex breaks below 34,000; telecom, banks a drag

BUSINESS

Taking Stock: Bulls run out of charge, Sensex breaks below 34,000; telecom, banks a drag

Sectorally, the S&P BSE Telecom index fell 3 percent followed by the S&P BSE Bankex which was down 2.3 percent and the S&P BSE Oil & Gas index ended 1.9 percent lower.

Gold price today: Yellow metal eases after a rally; could face resistance around 46,300

BUSINESS

Gold price today: Yellow metal eases after a rally; could face resistance around 46,300

Re-opening of the global economy, as well as gains in global equities, is likely to dampen appetite for the yellow metal and cap the upside potential which could face resistance near 46,300 per 10 gm.

Riding the storm: These 10 PSU stocks are favourites of FIIs, MFs and insurance firms

BUSINESS

Riding the storm: These 10 PSU stocks are favourites of FIIs, MFs and insurance firms

An individual investor one may consider 15-20 percent of investment into the PSU’s, PSU’s are high dividend-paying companies, they have been underperforming the benchmark indices for quite some time.

Taking Stock: Profit-booking wipes out gains, Nifty holds 10,150; over 80 stocks at 52-week high

BUSINESS

Taking Stock: Profit-booking wipes out gains, Nifty holds 10,150; over 80 stocks at 52-week high

Long Buildup was seen in stocks like Indiabulls Housing Finance, Chola Finance, JustDial, and Titan Company Ltd.

Pharma stocks end 5-year of bear phase; Lupin, Aurobindo among top 5 buys

BUSINESS

Pharma stocks end 5-year of bear phase; Lupin, Aurobindo among top 5 buys

Experts feel that the current environment is more conducive for the Pharma sector and the rally is likely to continue in some of the names.

Auto, banking, infra, energy stocks likely to see buying interest: Gaurav Garg

BUSINESS

Auto, banking, infra, energy stocks likely to see buying interest: Gaurav Garg

For the coming week, 10,200 may be the crucial level as the Nifty ended above 10,100. If Nifty can sustain above 10100, we may see the Nifty touching 10,200.

Unlock 1.0 | Here are 20 stocks that are likely to benefit the most; worth a look?

BUSINESS

Unlock 1.0 | Here are 20 stocks that are likely to benefit the most; worth a look?

Consumption, infra, telecom stocks might be a smart choice as unlock 1.0 could benefit in short to mid-term. Stocks including cement, metal, and capital goods might generate good returns, suggest experts.

Gold price today: Yellow metal gains but could face resistance above 46K

BUSINESS

Gold price today: Yellow metal gains but could face resistance above 46K

India Gold August Futures rose on June 8 despite muted trend seen in the international spot prices, but experts feel that the yellow metal could face some resistance around 46000 per 10 gm.

Keep an eye on BankNifty! Next target placed at 22000: Sumeet Bagadia

BUSINESS

Keep an eye on BankNifty! Next target placed at 22000: Sumeet Bagadia

Our view for BankNifty is bullish even from the present level. The way the index has been trading since the last few days, it indicates a further upside movement.

What to buy? HDFC Bank, Aegis among top 3 stocks that could give 10-19% returns: Rajesh Palviya

BUSINESS

What to buy? HDFC Bank, Aegis among top 3 stocks that could give 10-19% returns: Rajesh Palviya

The market has witnessed a broad-based buying action seen across all the sectors and the Nifty50 is set to give a breakout above 10,200 in the coming week, Axis Securities' Rajesh Palviya told Moneycontrol.

FOMO grips D-St! Small & mid-caps outperform; over 200 stocks rose 10-80 percent

BUSINESS

FOMO grips D-St! Small & mid-caps outperform; over 200 stocks rose 10-80 percent

Markets witnessed a 3-month high in sentiments the past week. Just when everyone expected a downfall post GDP numbers and Moody’s downgrade on India, markets moved in the opposite direction.

10,450-10,500 are likely to be crucial hurdles for Nifty: Umesh Mehta

BUSINESS

10,450-10,500 are likely to be crucial hurdles for Nifty: Umesh Mehta

Real estate, cement, infrastructure are showing weakness in technicals. Whereas, auto especially two-wheelers, pharmaceutical, and FMCG are showing resilience on a technical front.

Taking Stock: Nifty reclaims 10,100, but experts say wait for a breakout above 10,176

BUSINESS

Taking Stock: Nifty reclaims 10,100, but experts say wait for a breakout above 10,176

Traders should wait for a breakout in either direction before initiating trading bets, experts say.

Cashing in on market fall? Mutual funds raise stake in nearly 300 firms in Q4

BUSINESS

Cashing in on market fall? Mutual funds raise stake in nearly 300 firms in Q4

Fund managers raised stake in as many as 290 companies in the S&P BSE500 index while 240 of them (or nearly 50%) gave negative returns so far in the year 2020.

Gold price today: Yellow metal pares gains, likely to find support at 46,300-45,900

BUSINESS

Gold price today: Yellow metal pares gains, likely to find support at 46,300-45,900

MCX Gold August contract traded on a positive note where it has sustained well above 45900 levels giving close above 46600 levels indicating a positive breath in the counter up to 47200 levels.

Technical View: Nifty forms a Doji pattern; go short if index slips below 9,940

BUSINESS

Technical View: Nifty forms a Doji pattern; go short if index slips below 9,940

If the bears fail to push the index below 10k on a closing basis in the next session then a range-bound move between 9,950 and 10,176 can be expected, says Chartviewindia.in's Mazhar Mohammad.

Taking Stock: Investors book profit above 10,100, Sensex below 34k-mark

BUSINESS

Taking Stock: Investors book profit above 10,100, Sensex below 34k-mark

On the broader markets front – the S&P BSE Midcap index closed 0.06 lower while the S&P BSE Smallcap index fell 0.05 percent.

Nifty rallies 1,000 points since May 26: time to turn cautious?

BUSINESS

Nifty rallies 1,000 points since May 26: time to turn cautious?

The last 1000 point rally on Nifty was fast and furious, but the journey from here might not be as smooth, suggest experts. Traders are advised to lighten their position, they say.

Gold price today: Yellow metal trade in a range; deploy sell on rise strategy

BUSINESS

Gold price today: Yellow metal trade in a range; deploy sell on rise strategy

Bearish trend is likely to continue and traders should use sell on rise strategy on a bounce towards Rs 46,300 per 10 gm, suggest experts.

Dependables: PMSes allocate more than 5% of portfolio to these 50 large & midcaps

BUSINESS

Dependables: PMSes allocate more than 5% of portfolio to these 50 large & midcaps

A recent poll conducted by Moneycontrol with 13 experts last week highlighted that almost 54 percent of them favour large and select midcaps as their preferred bets for the next one year.

Taking Stock: Profit booking in last hour, Nifty holds 10,000 levels; banks shine

BUSINESS

Taking Stock: Profit booking in last hour, Nifty holds 10,000 levels; banks shine

Experts are of the view that volatility is likely to continue as the Nifty trades near crucial resistance levels but there are plenty of stock-specific opportunities.

10-year data show June belongs to bulls; will COVID-19 spoil the party in 2020?

BUSINESS

10-year data show June belongs to bulls; will COVID-19 spoil the party in 2020?

Historically, bulls have controlled the D-Street in the last six out of ten years in the month of June

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