BUSINESS
Gold price today: Yellow metal rises tracking spot prices; may trade in a range of 45,000-45,800 levels
Experts are of the view that volatility is likely to remain in the precious metal, and it could move in the range of 45000-45800 levels per 10 gm.
BUSINESS
Taking Stock: Volatile day on D-Street; Nifty snaps 2-day losing streak, Sensex rallies 230 points
Volatility is likely to continue in the near term and the immediate resistance for the Nifty stays at 9,450 levels.
BUSINESS
'Sell in May and go away' theory is going to apply in 2020: Shrikant Chouhan
Index rollovers were also on the lowest side (81%), which shows traders were not comfortable when the market was hitting the levels of 9900 on the day of expiry.
BUSINESS
70 stocks in BSE500 decline over 50% since January: 7 rules to buy beaten-down stocks
Experts feel that there are a few factors which investors should keep in mind while buying beaten-down stocks especially at a time when the COVID-19 outbreak has virtually halted the economic activity.
BUSINESS
Gold price today: Yellow metal falls as virus cubs ease; buy for a target of 46K
Experts are of the view that weakness in the rupee is likely to support the prices of both the precious metals in the domestic market. Investors can look at buying Gold on dips for a target of Rs 46,000 per 10 gm.
BUSINESS
Taking Stock: Profit booking hits D-Street; Nifty holds 9,200; Sensex down 261 points
Profit booking hit D-Street at higher levels as concerns over muted earnings, impact of extended lockdown and rising COVID-19 cases weighed on sentiment.
BUSINESS
D-Street Talk podcast | Bulls aren’t back, it was just a ‘Dead Cat Bounce’: Amar Deo Singh
Major levels to track on the downside would be 8900, and below that crucial support is placed at 8600-8650 zone. On the upside, resistance is seen at 9600, followed by 10,000 levels.
BUSINESS
Book partial profits on rallies; Nifty may find support near 9,000 levels: Sundar Sanmukhani
Since this doesn’t seem to be a fundamentally driven rally (14% rally in April), we are not confident of market sustaining at higher levels, says Sundar Sanmukhani.
BUSINESS
Over 360 stocks in Nifty500 trading below 50 & 200-DMA; what should investors do?
The Nifty50 formed an ‘Island Reversal’ pattern on the daily charts on May 4 which is a reversal pattern, and the next big support for the index is placed at 9,250, and below that 8,900-8,800, suggest experts.
BUSINESS
Gold price today: Yellow metal is likely to consolidate in 45,500-46,000 range
Experts feel that volatility is here to stay and mild consolidation is likely in the range of 45,400-46,000 levels.
BUSINESS
The Market Podcast | Sell in 2020 and come back in 2021: Prakarsh Gagdani
A large part of the market movement will be dependent on what happens across the globe with respect to the easing of lockdown in the US, as well as the spread of COVID-19 cases.
BUSINESS
Taking Stock | Bloodbath on D-Street: Investors lose nearly Rs 6 lakh crore, Sensex plunge 2,000 pts
Investors lose nearly 6 lakh cr in a single trading session. The average market capitalisation of the BSE-listed companies fell from Rs 129.41 lakh cr recorded on April 30 to Rs 123.69 lakh cr on May 4.
BUSINESS
Warren Buffett offloads US airline stocks: Time to sell Indigo & Spicejet?
Experts advise investors to bring down their exposure in the airline. If they are long term investor then they could hold the stock, they say.
BUSINESS
Stimulus package or confirmed vaccine will be key things to watch for, in May: Gaurav Garg
The Indian benchmarks jumped nearly 3 percent on the closing of the long weekend for the market. The investors are still in hope for the stimulus package by the government.
BUSINESS
HUL to underperform in short term given expensive valuations: Ashish Chaturmohta
In the medium term, HUL should farewell as it will be a key beneficiary of the rural demand recovery and one of the least impacted companies from COVID-19 led disruptions.
BUSINESS
Sell in May and go Away? 10-year data suggests otherwise
Data from the last 10 years suggest that bulls got an upper hand seven times in the month of April. Nifty50 closed in the green in 6 out of the last 10 years, data from AceEquity showed.
BUSINESS
Gold price today: Yellow metal gains as US-China tensions dent sentiment
Gold and silver prices which corrected by around 2 percent last week in the international as well as domestic market could see some bounce back but will remain vulnerable to profit booking at higher levels.
BUSINESS
HUL Q4 results miss estimates: Should investors buy, sell or hold the stock?
After a 14 percent rally, most experts feel that valuations still remain high buy it is a good buy on dips stocks for the long term.
BUSINESS
What should investors do with Tech Mahindra post Q4: buy, sell or hold?
Tech Mahindra March quarter results were below analysts estimates, and the pain seen in the March quarter is likely to extend in Q1FY21, suggest experts.
BUSINESS
Any correction near 9,400 level would be a good entry point: Vikas Jain
The later part of the results season is always very weak, which could also pull the markets lower in the second half of May, Vikas Jain, Senior Research Analyst at Reliance Securities, told Moneycontrol.
BUSINESS
Auto index up 30% from lows in a month; Buy on Maruti, Escorts & Minda: Vinod Nair
The auto index has given a return of 30 percent in the last 1 month from its low due to the expectation that the government’s stimulus package on the economy will benefit the industry & sales will improve in Q2.
BUSINESS
Two stocks doubled while 19 rose over 50% in BSE500 in April lockdown mania
Investors’ wealth rose by nearly Rs 16 lakh cr in a month. The average market capitalisation of the BSE-listed companies grew from Rs 113.48 lakh cr as on March 31 to Rs 129.41 lakh cr recorded on April 30.
BUSINESS
Investors' can hold HUL post March quarter results; sell Tech Mahindra: Umesh Mehta
HUL’s quarterly show missed Street estimates on an overall front and the underlying volumes contracted by 7 percent as demand fell due to the COVID-19 lockdown, the highest decline since demonetization quarter.
BUSINESS
The Market Podcast | Pankaj Pandey lists out 10 companies with balance sheet strength to ride COVID-19 crisis
Tune in to The Market Podcast with Kshitij Anand to find out what transpired in the markets this week.
