April 16, 2021 05:22 PM IST
The Nifty has to continue to hold above 14,500 for an upmove towards 147,00 and 14,850, while on the downside, support exists at 14,350 and 14,250 zones.
- April 16, 2021 04:36 PM IST
Mazhar Mohammad of Chartviewindia advised traders to remain neutral on long side whereas weakness below 14,559 should be used by intraday traders to go short for a modest target of 14,470.
- April 16, 2021 10:05 AM IST
The reasons for the buyback could be to reward investors, reduce volatility, increase promoter holding, tax saving, and also it helps to improve financial ratios.
- April 16, 2021 10:00 AM IST
The pace of global economic recovery, the trend in the Indian rupee, US bond yields, coronavirus infections and vaccine rollout will have a major impact on commodity prices in FY22, says Sachdeva
- April 16, 2021 09:57 AM IST
Stocks that are down in double digits include Tata Steel, UPL, Bajaj Finance, NTPC, Kotak Mahindra Bank, Bharti Airtel, Tata Motors, Axis Bank, Bajaj Finance, and IndusInd Bank among others
- April 16, 2021 08:21 AM IST
We believe that sectors like IT, Pharma, consumer discretionary, Chemical and Metal are likely to do well in March Quarter. On the other hand, the tourism and exhibition sectors may see a setback, says Bhootra.
- April 16, 2021 08:12 AM IST
Some of the stocks in focus were Balrampur Chini, which rose more than 9 percent, Wipro that gained more than 2 percent ahead of results, and HDFC Bank which closed with gains of over 2 percent on Thursday.
- April 15, 2021 05:34 PM IST
Traders with long side exposure should book profits in the 14,650–14,700 zone in the next trading session, Mazhar Mohammad of Chartviewindia said.
- April 15, 2021 04:46 PM IST
The Nifty50 has to decisively hold above 14,500 for an up move towards 14,700 and 14,850, while on the downside, support exists at 14,350 and 14,250, say experts.
- April 15, 2021 12:42 PM IST
My working target for the midcap index is about 27000. So use it as an opportunity to top up. I think there isn't much downside there, says Shah.
- April 15, 2021 11:31 AM IST
We are seeing investors go beyond FAANG companies, it was popular initially when we launched and when investors just wanted to get some global exposure, says Bharathwaj.
- April 15, 2021 11:21 AM IST
Export oriented sectors like IT, Pharma and the new PLI sectors are beneficiaries of a much bigger theme of digitization and the changing global supply chain dynamics
- April 15, 2021 10:01 AM IST
Technical charts signal a bearish trend as the benchmark index has fallen below short-term moving averages.
- April 15, 2021 08:42 AM IST
India’s IPO market is witnessing a dream run. In FY21, almost 30 companies raised around Rs 31,000 crore. For FY22, the IPO pipeline is looking stronger, says Nagda.
- April 15, 2021 08:42 AM IST
Some of the stocks in focus were TCS, which fell more than 4 percent post Q4 results, Infosys that was down nearly 2 percent ahead of results on Wednesday, and Wipro which closed with a downtick of over 3 percent on Tuesday.
- April 14, 2021 12:24 PM IST
While volatility will remain in FY22, there are sufficient tailwinds for equities to continue to do well, says Agarrwal.
- April 14, 2021 08:31 AM IST
The Nifty metal index has gained 37 percent in 2021 compared to a 6 percent rise in the year-ago period, data shows. It has been responsible for supporting the Nifty50 to a great extent, say experts.
- April 13, 2021 05:33 PM IST
After underperforming for 30 sessions, the Bank Nifty outperformed the broader market to close with gains of 979.60 points, or 3.18 percent, at 31,771.60.
- April 13, 2021 11:38 AM IST
The economic fallout would be limited as the country is better prepared this time. A sharp fall in markets should be considered as an opportunity for bargain buying in quality stocks, experts say.
- April 13, 2021 09:59 AM IST
Investors should pick a mix of stocks that provide the desired returns with bearable risks. Well-researched stocks, especially leaders in a particular sector, will cushion steep slides during market downturns, say experts.
- April 13, 2021 08:18 AM IST
"The market may remain volatile for some time, but we may not see major market correction until things go absolutely out of control, which may not be the case," said the co-founder of MyWealthGrowth
- April 13, 2021 08:07 AM IST
Some of the stocks in focus were Dr Reddy’s Laboratories, which gained nearly 5 percent with strong volumes, Cipla that rose more than 2 percent, and Infosys which fell 1 percent after hitting a fresh 52-week high.
- April 12, 2021 05:49 PM IST
The spike in VIX indicates that market participants expect volatility to increase over the next one month, say experts.
- April 12, 2021 05:24 PM IST
Traders should create fresh shorts either by making use of the rally or on breach of 14,248 levels and look for initial targets placed at around 13,960, Mazhar Mohammad of Chartviewindia has said.
- April 12, 2021 05:02 PM IST
As long as the Nifty stays below 14,500, weakness can continue towards 14,100 and 14,000 zones, while on the upside, hurdles are seen at 14,650 and 14,800, say experts.