First time in current rally that market breadth is poor Most midcaps have started to show fatigue signs of late.Market showing some signs of distribution in midcaps. Asia markets mixed; Muted start on D-street? Catch Nandita Khemka and Nickey Mirchandani as they decode the market cues with Ruchit Jain, Lead Research Analyst, 5Paisa, Deven Choksey, DRChoksey FinServ and Sandip Agarwal, Fund Manager, Sowilo Investment Managers.
The domestic equity market is expected to see a muted opening on Monday following mixed global market cues. Stocks to watch out for include banking names like likes of Cello World, CMS Infosystems, Andhra Cements, One97 Communications, TCS amongst others. Catch @onlynickey in conversation with Ajit Mishra--SVP, Technical Research, Religare Broking and Dhiraj Reli--MD & CEO, HDFC Securities
Indian equity market is expected to continue its consolidation along with some minor profit booking, after hitting a record last Friday. Experts say 22,000 is likely to be immediate support for the Nifty 50 followed by 21,900 as key support with likely hurdle on the higher side at 22,200-22,300. However, the overall trend is expected to remain positive in the short term, according to experts. On February 26, the BSE Sensex fell 353 points to 72,790, while the Nifty 50 was down 91 points at 22,122. This morning global cues are muted with Wall Street retreating from record and Asian markets off to a mixed start. Among stocks in focus will be Vodafone Idea, Paytm, CMS Info Systems & Andhra Cement among others. Exicom Tele-System’s `429 cr IPO opens for subscription. Should you ride the Nvidia frenzy as the AI chip maker hit record high following strong quarterly earnings? Catch Nandita Khemka in conversation with Sacchitanand Uttekar, Vice President- Research (Derivatives And Technicals), TradeBulls Securities and Vikas Gupta, CEO & Chief Investment Strategist, OmniScience Capital.
The domestic equity market is expected to see a muted opening on Monday following mixed global market cues. Stocks to watch out for include banking names like Paytm, Canara Bank, Asian Paints, Kolte-Patil Developers and Kotak Mahindra Bank: amongst others Catch Nickey Mirchandani in conversation with Prashant Sawant-Founder Catalyst Wealth and ASUTOSH MISHRA, HEAD - RESEARCH, INSTL Equity at Ashika Stock Broking #stockmarkets #openingbell #nifty50 #DowJones #Stoc
India equity market sentiment is expected to remain positive, though the benchmark indices saw profit booking after hitting a new high on February 23. Intermittent consolidation and correction is always a part of any consistent rally. Hence, the Nifty 50 may face immediate resistance at 22,300 in the coming session, followed by 22,500 mark, with immediate support at 22,000 level and then 21,900, experts said. On February 23, the BSE Sensex was down 15 points at 73,143, while the Nifty 50 shed 85 points from its record high of 22,297.50 and closed with 5 points loss at 22,213. This morning global cues are supportive as Nvidia-fuelled rally helped Wall Street clock a winning week. Across Asia, the Nikkei has hit a fresh high beyond 39,300, while The GIFT Nifty is signalling a mildly higher start for the Indian market. Among stocks in focus will be RIL, HDFC Bank, DLF among others. Catch Nandita Khemka in conversation with Rajesh Palviya, Senior Vice President Research (Head Technical & Derivatives ) at Axis Securities and Sandeep Bagla, CEO, TRUST Mutual Fund.
Market turns volatile at highs but end the week with gains. Nifty hits new high of 22,297 in intra-day trade. Mid & smallcap indices outperform benchmarks. Market breadth in favour of gainers; India VIX cools. Catch Nandita Khemka and Yatin Mota as they discuss stocks on their radar including Maruti and Banks
The domestic equity indices are likely to open higher on Friday, extending previous session’s rally, led by positive global market cues. Stocks to watch out for include banking names like HDFC Bank, Yes Bank and State Bank of India on back of Goldman Sachs reports. Meanwhile, stocks like Vodafone Idea, Ultratech Cement, Grasim Industries and Angel One amongst others. Catch Nickey Mirchandani in conversation with Vaishali Parekh, Vice President - Technical Research, Prabhudas Lilladher and Sushant Bhansali, CEO Ambit Asset Management
Indian equity market looked strong given the healthy recovery from 21-day EMA (exponential moving average) and continuation of higher highs formation for seven days in a row. 22,300 is expected to be an immediate hurdle for the Nifty50 on the higher side followed by 22,500 mark, while immediate support at 22,000 and crucial at 21,875, the low of February 22, experts said. On February 22, the benchmark BSE Sensex rallied 535 points to 73,158, while the Nifty 50 gained 163 points to end at a record closing high of 22,218. This morning global cues are extremely encouraging with Wall Street notching a fresh record after Nvidia’s stellar rally. The GIFT Nifty indicates new highs as it signals open above 22,300. Among stocks in focus will be Vodafone Idea, Angel One, IRCTC & Paytm and among others. Catch Nandita Khemka in conversation with Osho Krishan, Sr. Analyst - Technical & Derivative Research, Angel One and Preeyam Tolia, Senior Research Analyst - FMCG & Retail, Axis Securities
Late rebound lifts Nifty; Index reclaims 22,200. Mid & smallcap indices outperform benchmarks. Market breadth in favour of gainers; India VIX cools. IT snaps string of losses; top sectoral gainer today. Catch Yatin Mota and Nandita Khemka as they discuss stocks on their radar including OMCs and Graphite India
After snapping its 6-day winning streak, Indian equites are poised for a positive start after taking a breather. Gift Nifty is indicating an upmove with a gains of 83.50 points or 0.38%. As far a global cues, markets will keep to its momentum after Japan's Nikkei advanced towards record highs. While tech stocks led by Nvidia gave solace to futures on wall street. IN more positive boost, Global brokerage Jefferies said India will be the third largest economy by 2027 thanks to consistent GDP growth rate, supportive geopolitics. Among stocks in focus will be Grasim on launching its paints business, Eureka Forbes on reports of a block deal and wipro which has managed to finally bag a large deal. Stacy Pereira will be discussing all this with Chandan Taparia ,Senior Vice President, Head - Derivatives & Technical Research , Motilal Oswal and Gaurang Shah, Senior Vice President, Geojit Financial Services on this edition of Opening Bell
Indian equity market snapped six-day uptrend and and experts feel there is a possibility of some profit booking as well as consolidation at higher levels. But given the continuation of higher highs, higher lows formation, overall the bulls are still in a healthy mood, who after this correction may lift Nifty 50 to new highs again. According to experts, the Nifty 50 may take a support at 21,750 level and on the higher side, in case of bounce back, it may face resistance at 22,300 mark. On February 21, the benchmark indices corrected for the first time in last seven consecutive sessions. The BSE Sensex fell 434 points to 72,623, while the Nifty 50 was down 142 points to 22,055. This morning global cues are mixed. Wall Street ended mixed after Fed minutes indicate caution about lowering interest rates too soon. The GIFT Nifty, however, is hinting at a positive start for the Indian market. Among stocks in focus will be Brigade Enterprises, Eureka Forbes and among others. Catch Nandita Khemka in conversation with Aditya Welekar, Senior Research Analyst, Axis Securities and Aamar Deo Singh-Sr Vice President, Angelone
Late selling drags market; Nifty tests 22,000. Nifty retreats after hitting fresh high of 22,250 . Mid & smallcaps slip over a percent. NSE advance-decline ratio at nearly 1:2. Media pack weighed down by over 10% fall in Zee. Bank Nifty erases gains; IT continues to sulk. Catch Nandita Khemka and Yatin Mota as they discuss about stocks on their radar including Hindalco and ABB India..
How often has it happened that you had to wait for hours to collect your baggage at the airport? It surely is a tiring situation. But this might change soon as the Bureau of Civil Aviation Security has directed airlines to ensure that baggage delivery is within 30 minutes of landing at airports. Watch this video as Moneycontrol’s Sahil Jain explains more about the new directive.
Stocks to watch out for include HDFC Bank, Zee Entertainment, Coffee Day Enterprises, and more. The primary market action could see strong listing from Vibhor Steel Tubes, which is set to debut on the bourses on February 20 after the IPO closing with a massive 299 times subscription, in the mainboard segment. Catch @on.lynickey in conversation with Brijesh Ail, Head Technical & Derivatives, Retail Research and Sunil Subramaniam, MD and CEO, Sundaram Mutual
Indian equity market hit an all-time high yesterday, gaining for a fifth straight day on the trot. Experts feel that consolidation or minor profit booking can't be ruled out in coming sessions before starting another leg of upward journey towards 22,500 mark on the Nifty 50. The 21,900-21,950 is expected to be a key support area to watch out for. On February 19, the BSE Sensex rallied 282 points to 72,708, while the Nifty 50 climbed 82 points to end at record closing high of 22,122. This morning the GIFT Nifty is hinting at a mildly higher start. Asia is mixed while Wall Street was shut overnight on account of President’s Day. Among stocks in focus will be Coal India, Whirlpool, MRPL, Balrampur Chini among others. Catch Nandita Khemka in conversation with Sacchitanand Uttekar, Vice President- Research (Derivatives And Technicals), TradeBulls Securities and Mayuresh Joshi, Head of Equity Research, William O’Neil India.
Kolkata-based hospital chain GPT Healthcare Ltd has set the price band for its initial public offering at Rs 177-186. The issue will be open for subscription from February 22 to 26 and the anchor book will be open on February 21. The IPO aims to raise around Rs 40 crore from the fresh issue. It also plans to raise funds through OFS by issuing up to 2.61 crore shares. With this, on the upper band price of the issue, the company will raise a total Rs 485.14 crore and its total market capitalisation will stand at Rs 1,500 crore.Catch Nickey Mirchandani in conversation with Mr. Anurag Tantia, Director & Mr. Atul Tantia, Group CFO of GPT Healthcare.
Corporate India demonstrated continued resilience in earnings for the quarter ending December 2023. Several sectors experienced upward revisions to estimates following the third-quarter earnings season. Catch Nandita Khemka in conversation with Kunal Shah, Senior Research Analyst at Carnelian Capital, Gaurang Shah, Senior Vice President at Geojit Financial Services, and Nirav R Karkera, Head of Research at Fisdom, to delve into the hits and misses of this earnings season.
Indian stock markets are likely to consolidate after scaling record levels in the previous week. Markets to look for domestic triggers. Q3-FY24 results were broadly in line with expectations, with sectors like healthcare and cement performing well, while real estate and retail disappointed Stocks to watch out for include Paytm, PB Fintech, Novartis India and Dr Reddy’s Lab amongst others The primary market action for the week will see Juniper Hotels opening its Rs 1,800-crore IPO for subscription on February 21 followed by GPT Healthcare IPO on February 22, while Vibhor Steel Tubes is set to debut on the bourses on February 20 after the IPO closing with a massive 299 times subscription, in the mainboard segment. Catch @onlynickey in conversation with Prashant Sawant-Founder Catalyst Wealth and Sandip Agarwal -Fund manager, Sowilo Investment Managers
Indian equity market maintained an upward journey for four days in a row as bulls gained strength and brought the Nifty 50 very close to its previous record high of 22,127. Most of the experts expect the index to surpass the said record high in the coming sessions with resistance at 22,200-22,300 area despite consolidation. Experts believe 21,900-21,950 is likely to be immediate support for the index, followed by 21,750. On February 16, the BSE Sensex was up 376 points at 72,427, while the Nifty 50 rallied 130 points to 22,041. This morning global cues are mixed with Wall Street snapping a 5-week winning streak after hotter than expected Producer Price Index data. Asian markets are mixed but the GIFT Nifty is hinting at a dash at a new high for the Nifty. Among stocks in focus will be Paytm, Sula, Motilal Oswal, New India Assurance among others. Catch Nandita Khemka in conversation with Rajesh Palviya Of Axis Securities and Feroze Azeez, Deputy CEO of Anand Rathi Wealth.
Sugar prices may have seen a 10% uptick in 2024 till date however, the last week has seen a 5% slump in sugar prices. What's causing this pain. While India is the 2nd largest producer of Sugar and is likely to drive growth, it is not included in the global market. Manisha Gupta discusses the prospects of sugar prices going ahead with Rahil Shaikh MD, MEIR Commodities on Commodities Corner
The domestic equity indices are likely to open on a positive note Friday tracking gains in global markets. Indian equities are set to extend 3-day gains. Over the last two days, the price pattern has displayed a notably bullish trend, with the market exhibiting resilience by rallying even amidst adverse news after defending crucial support levels. There's a strong possibility of witnessing all-time highs today or, if not today, then potentially in the month. Moreover, there are promising signs of a bottom formation in HDFC Bank, indicating positive momentum. Significant leadership signals are evident in SBI and Reliance Industries, suggesting robust market dynamics. Additionally, the outlook for IT stocks is optimistic, poised to resume their upward trajectory. The Midcap Index also appears primed to achieve a fresh lifetime high. Catch Nickey Mirchandani in conversation with Subham Agarwal, Co-fund Manager, Aequitas and Osho Krishan, Sr. Analyst - Technical & Derivative Research, Angel One Ltd live on Moneycontrol
The Nifty50 reached closer to the psychological mark of 22,000. If the index manages to close decisively above 21,950, the high seen in Thursday's trade, then the next immediate resistance is expected at 22,050 and then at 22,126, the record high, experts said, adding that the 21,800-21,750 zone is expected to act as immediate support for the index and 21,500 as a crucial support area. On February 16, the BSE Sensex jumped 228 points to 72,050, while the Nifty 50 rose 71 points to 21,911 and formed a Doji candlestick pattern on the daily charts as the closing was near opening levels, indicating the tug-of-war between bulls and bears for future market trend. This morning GIFT Nifty is hinting at a start above the 22,000 mark. Overnight on Wall Street S&P 500 notched a fresh record closing high. Meanwhile in Asia Nikkei is holding above 38,000 despite the Japanese economy slipping into a technical recession. Among stocks in focus will be Axis Bank, Yes Bank, Vedanta among others. Watch for Entero Health listing at 10 am. Catch Nandita Khemka in conversation with Raja Venkatraman, Co-Founder NeoTrader & Trading Influencer and Aman Soni, Head of Operations, Prudent Equity.
Indian equities would see more traction building in today's session. Action in Bank Nifty would be keenly watched out for. Previous sessions’s price action is a massive boost for the bulls. It highlights importance of screen based trading. Reliance is negating a lot of negative impact of HDFC Bank. Stocks to watch out for includes the likes of Paytm, Reliance Industries and Vedanta amongst others. Catch @onlynickey in conversation with Chandan Taparia ,Senior Vice President, Head - Derivatives & Technical Research , Motilal Oswal, and Anshul Saigal—market expert
Indian equity market is poised for a higher open with the bulls gaining strength amid fag-end buying. The Nifty50 may extend its upward journey in the coming sessions. If the uptrend continues, then the index may face resistance at the psychological 22,000 mark, while the immediate support is expected to be at 21,700 and crucial support remains at 21,500 level, experts said. On February 14, the BSE Sensex rallied 268 points to 71,823, while the Nifty 50 recovered little more than 300 points from the day's low and ended with 97 points gains at 21,840. This morning global cues are also supportive with Wall Street staging a good rebound and Asian markets also trending higher in early trade. The GIFT Nifty is hinting at a dash at the psychological 22,000 mark. Among stocks in focus will be Vedanta, NMDC, Glenmark, Paytm among others. Catch Nandita Khemka in conversation with Kush Bohra, Founder, kushbohra.com and Deven Choksey, Managing Director, DRChoksey FinServ.
Rishabh Instrument’s Q3FY24 profit sinks 59%. Catch Nickey Mirchandani in conversation withDinesh Musalekar, Group CEO Rishabh Instruments live on Moneycontrol to know more.