Stock selection remains to be the key at this point in time, suggest experts
In the futures market, silver for September delivery touched an intraday high of Rs 49,196 and a low of Rs 48,935 per kg on the MCX.
Forex traders said investors were bullish on emerging market assets following encouraging vaccine test results. Moreover, positive domestic equities, steady crude oil prices and weak US currency supported the local unit.
HDFC Life was added in the F&O segment with effect from February 28.
Brokerages say the demand pullback is expected to be severe in the directly impacted segments but BFSI and telecom could be stable in terms of growth for IT companies.
"We are essentially in the bull market that started in 1981. We do have falls, but they do not last for long," Rakesh Jhunjhunwala said.
Moneycontrol's Sakshi Batra sheds light on Petronet LNG stock outlook after company's subdued Q4 results
Share price of Bharat Dynamics surged over 10 percent with volumes spurting by more than 4.95 times while Bharat Electronics share price jumped over 6 percent.
China, on the other hand, saw its second month of expansion
For one, the government will have to amend Section 23 of the Companies Act, 2013, and various approvals from the regulator and ministries are pending.
Overall, gold has enough ammunition to test fresh all-time highs but it may not come if equity markets continue to outperform.
June saw good sales due to pent-up demand. It will be July and August data that will provide a clearer picture of retail demand, say experts.
Gold prices could see support stem from a weakening U.S. dollar, expectations for more global monetary and fiscal stimulus, and escalating tensions between U.S. and China.
Tata Motors jumped over 3 percent followed by Bajaj Auto, Eicher Motors, TVS Motor Company and Balkrishna Industries.
Strong companies will keep getting stronger and will be able to gain market share as well as capital.
It is likely to test Rs 525 shortly and Rs 565 is the target in med term. Stops at Rs 485 can be placed for short term
Given the healthy future prospects and the attractive valuation, long-term investor may consider building position in Control Print gradually.
The price is on the verge of breaking out above a downsloping trendline in the Point & Figure as well as candlestick chart
Buy L&T Finance around 68-69 for a rally to 74 and above that to 78
Based on Open Interest Analysis, maximum open interest in PUT side is at 200 and maximum open interest in CALL side is at 270
The money will be used to strengthen cash flow and for onward funding of sustainable infrastructure finance projects, the company said.
Expect Rupee may trade positive further and it may test 74.70 to 74.50 levels towards appreciation, says Anuj Gupta, DVP–Commodities & Currencies Research, Angel Broking.
As many as 55 companies rose up to 1300 percent in the last six months
Spot gold was unchanged at $1,775.12 per ounce by 0232 GMT. U.S. markets are closed on Friday for observing Independence Day on July 4.
The company board in its meeting held on July 2 approved demerger of DWH business of the company into new company.