May 12, 2021 05:02 PM IST
Intraday traders should short below 14,650 and look for a modest target of 14,570 by placing a stop above the intraday high, Mazhar Mohammad of Chartviewindia has said.
- May 12, 2021 02:48 PM IST
The changes, which 'will be implemented as of the close of May 27, 2021', are part of the semi-annual index review.
- May 12, 2021 02:22 PM IST
In the last quarter, DII holding went up in 322 companies listed on NSE, and the average stock price of these companies in the same period increased by 10.83 percent.
- May 12, 2021 02:20 PM IST
There may not be a huge outflow of FII money since the situation in Taiwan is much better than in other emerging economies like Brazil and India, say experts.
- May 12, 2021 10:52 AM IST
The 78 Motilal Oswal Universe and 27 Nifty50 companies have announced their results as of May 10, 2021. Companies that have reported earnings thus far comprise 53 percent of India's market capitalisation, and 75 percent of the Nifty50 index weight, said Motilal Oswal.
- May 12, 2021 10:12 AM IST
Fund of Funds offerings remain attractive for investors as global equities continue to rise. Overseas Fund of Funds investing saw net inflows of Rs 695.34 crore in April.
- May 12, 2021 09:05 AM IST
Stocks that were in focus included Praj Industries which rose over 4 percent, SpiceJet rallied more than 9 percent, and BHEL gained 11 percent on Tuesday.
- May 12, 2021 07:38 AM IST
A downgrade by rating agencies is quite unlikely since RBI is visibly leading from the front. Further, the government has also clearly shown its intent to support the economy in the past year, says Gupta.
- May 12, 2021 07:29 AM IST
We expect the Nifty50 to take support around these levels and continue to consolidate within a range of 14,750-14,950 for the next 2-3 trading sessions before resuming the uptrend and break above the 15000 mark once again, says Gupta.
- May 11, 2021 09:51 PM IST
The current weakness could get over in the next 1-2 sessions and one may expect a formation of higher bottom around 14,700-14,750 levels, says Nagaraj Shetti of HDFC Securities.
- May 11, 2021 05:12 PM IST
The Nifty has to hold above 14,800 for an up move towards 15,000 and 15,050, while on the downside, support exists at 14,700 and 14,600 zones, say experts.
- May 11, 2021 04:58 PM IST
If Nifty sustains above 14,771 levels then a sideways move between 14,800–15,000 levels can be expected. Strength in Nifty shall emerge only on a close above 15,045 levels, said Mazhar Mohammad of ChartviewIndia
- May 11, 2021 02:14 PM IST
The state-run insurer booked profits in the first three months of 2021 even as Nifty gained 5 percent
- May 11, 2021 09:47 AM IST
Some experts suggest that for all categories of investors - institutional as well as retail - partial profit booking is advisable since valuations are high and uncertainty is rising; expect a reasonable 5-10 percent correction in markets
- May 10, 2021 09:15 PM IST
Any decisive breakout above this 15,000 levels on a closing basis may cause strength towards 15,200-15,250 levels, said Rajesh Palviya of Axis Securities.
- May 10, 2021 05:03 PM IST
Considering the narrow trading ranges, Mazhar Mohammad of Chartviewindia advised traders to avoid trading in Nifty by shifting focus towards stock-specific opportunities.
- May 10, 2021 01:43 PM IST
We expect the index to witness a breakout above its ongoing consolidation band of 14250-14850. The latest weekly price performance has been significant as the index never slipped below its previous week's swing low despite a weak opening to the week, says Uttekar.
- May 10, 2021 10:14 AM IST
There are stock-specific trading opportunities across the board which are keeping the traders busy and that may continue this week as well, said an expert. Traders should prefer sectors/themes like pharma, metal and agriculture
- May 10, 2021 09:55 AM IST
FIIs have been selling in India due to the COVID second wave concerns and moving to safer markets like South Korea and Taiwan, says Vijayakumar.
- May 10, 2021 08:28 AM IST
The current bout of uncertainty makes it difficult to judge the actual impact of COVID-19 on consumer demand and corporate profits in the medium term, says Aggarwal.
- May 10, 2021 07:18 AM IST
It is better not to trade aggressively in the index and carrying of overnight positions is strictly avoided, said Sameet Chavan.
- May 09, 2021 06:13 PM IST
The Nifty moved above the downside sloping weekly trend line resistance last week by closing above 14,700 levels. This is a positive indication, says Nagaraj Shetti of HDFC Securities.
- May 09, 2021 09:21 AM IST
The stock-specific trading opportunities across the board are keeping the traders busy and it may continue in the coming week as well. Traders should align their positions accordingly, said Ajit Mishra of Religare Broking.
- May 09, 2021 08:08 AM IST
A prudent way to kick-start equity investment is through systematic investment plan (SIP) in mutual funds. Here, a fixed amount is deducted and invested in the chosen fund at a pre-defined interval.
- May 09, 2021 07:53 AM IST
If you are looking for a long-term investment, investing in equity funds (large-cap or blue-chip funds in particular) is a great option. For medium-term goals, investing in hybrid funds is a good idea