BUSINESS
FM's announcement Day-2: No major trigger for market; expect a weak to flat opening on Friday
On Day-2 of her press conference, Finance Minister Nirmala Sithraman kept the welfare of society's lower strata in focus while revealing the second tranche of Prime Minister Narendra Modi's mega Rs 20 lakh crore stimulus.
BUSINESS
Sensex, Nifty wipe out stimulus gains; 5 factors weighing on market
Investors seek more clarity before assessing the impact of the Rs 20-lakh-crore stimulus package on the economy and the market.
BUSINESS
FY21 may be a washout for auto, ancillaries; 9 buy ideas with 2-yr horizon
For business analysis, FY21 will not be appropriate and it will be meaningful to focus on the next two-three years, Reliance Securities has said.
BUSINESS
FM's Day-1 announcements: Here is what top global brokerages have to say
The Finance Minister announced the first tranche of the mega stimulus package on May 13 and said that the remaining details of the Rs 20 lakh crore stimulus package will be disclosed in the next few days.
BUSINESS
Trade Setup for Thursday: Top 15 things to know before Opening Bell
The key support level for Nifty is placed at 9,294.93, followed by 9,206.32. If the index moves up, key resistance levels to watch out for are 9,528.33 and 9,673.12.
BUSINESS
Stimulus package announcement | Overall positive but don't expect a big rally on Thursday: Experts
While the FM's announcements may influence the mood of the market, the benchmark indices may not see a surge as they are driven by large private sector banks, which are not likely to gain much from the FM's announcements.
BUSINESS
PM's announcement is manna from heaven; these sectors are likely to gain most
This is the largest stimulus package among the emerging markets (EMs), bigger than that of a few OECD countries, including Canada and South Korea, as well.
BUSINESS
Banks, NBFCs may have tougher days ahead; HDFC twins better placed
Experts point out for banks, the next two quarters would be difficult in terms of growth and asset quality.
BUSINESS
Govt's announcement minimises risk to medium-term growth, financials to be the biggest beneficiary: Nomura
The package quantum includes the fiscal and monetary support that has already been provided thus far. This amount is two-thirds the size of the government budget announced this February.
BUSINESS
COVID-19 likely to trigger change in market leadership, de-rating likely for BFSI
Some sectors appear to be in terrible shape as compared to others. Aviation, hospitality, travel & tourism, NBFCs appear to be in serious trouble. Others such as automobiles, metals, mining, transportation, too, are likely to witness significant challenges in the coming months.
BUSINESS
Trade Setup for Wednesday: Top 14 things to know before Opening Bell
The key support level for Nifty is placed at 9,080.05, followed by 8,963.55. If the index moves up, key resistance levels to watch out for are 9,276.95 and 9,357.35.
BUSINESS
Fertiliser sales up 47% in April, demand to remain healthy; 5 stocks to buy
The fertiliser sector is likely to see positive growth due to healthy underlying demand as India's agricultural sector is seen as less effected by the coronavirus outbreak.
BUSINESS
Trade Setup for Tuesday: Top 15 things to know before Opening Bell
Analysts believe the market will continue to remain volatile in the near term, reacting to the spread of novel coronavirus, or COVID-19, newsflow regarding development of its vaccine and government's measures on stimulus and restarting the economy
BUSINESS
Golden era? Yellow metal may give up to 25% return till FY23
Apart from occasional decline, gold has been trading near its highest level and experts believe that the yellow metal will stay firm as weak global economic releases and fears of the economic recession continue to support its safe-haven appeal.
BUSINESS
Taking Stock | RIL, HUL help Sensex, Nifty end higher but analysts remain wary
The economic fallout of COVID-19 remains an overhang and analysts believe that the market will remain volatile in the near-term.
BUSINESS
Pharma sector in a sweet spot: Axis Capital picks 6 winners in the sector
Some brokerages and market experts believe the COVID-19 will bring about a change in market leadership and pharma will emerge stronger.
BUSINESS
Tax hike damaging for liquor companies; COVID-19 challenges may linger
Taxes have been raised to replenish revenue, but it is unlikely that these would be rolled back after the pandemic is brought under control and the economy takes off.
BUSINESS
Trade Setup for Friday: Top 14 things to know before Opening Bell
Key support level for the Nifty is placed at 9,157.35, followed by 9,115.65. If the index starts moving up, key resistance levels to watch out for are 9,259.3 and 9,319.55
BUSINESS
A longer period of pain for consumer durables and capital goods, but brokerages see strong growth in 5 stocks
While some sectors of the economy may see some relief after the lockdown ends, there are some, such as capital goods and consumer durables, that may have to wait for a longer time to see normalcy return to them.
BUSINESS
Market waits for another stimulus; can we expect a fiscal bazooka?
The market should not expect measures similar to the US and Europe as the fiscal space is limited.
BUSINESS
Trade Setup for Thursday: Top 15 things to know before Opening Bell
Key support level for Nifty is placed at 9,142.63, followed by 9,014.37. If the index continues moving up, key resistance levels to watch out for are 9,373.03 and 9,475.17.
BUSINESS
Market seems to be in sync with economic reality; can Nifty test 7,000 soon?
For many, the recent rise in the equity market was bewildering as almost all indicators of the domestic economy had been showing signs of acute distress due to COVID-19.
BUSINESS
Trade Setup for Wednesday: Top 15 things to know before Opening Bell
The key support level for Nifty is placed at 9,113.93, followed by 9,022.27. If the index starts moving up, key resistance levels to watch out for are 9,374.08 and 9,542.57.
BUSINESS
Coal India sees steepest decline in volume offtake since listing, but brokerages keep faith
On the front of earnings, the company is expected to see a contraction in sales and EBITDA margin for FY21 but FY22 may be the year of revival.
