The stocks which outperformed index in the Nifty500 index since October 2017 include names like Rain Industries which gained 108 percent, followed by Radico Khaitan which gained 98 percent, and Sonata Software was up 97 percent in the same period.
It looks like Nifty is firmly in a bear grip but the good part is that we have already fallen by over 10 percent from highs; hence, the downside could remain limited.
According to experts, the volatility is here to stay for some more time and another 4-5 per cent correction can't be ruled out.
Going forward, we expect the Nifty to consolidate around its 200-DMA before we could see a resumption of the downtrend.
There was selling across the board, especially among metals, after news broke that China too had imposed import tariffs on 128 US goods.
Having said that, Sensex managed to end the day above 33,000, while the Nifty ended just above 10,100.
Banks, oil marketing companies and technology stocks dragged the market while Reliance Industries, ONGC and Tata Motors limited losses.
Correction and consolidation has been the theme for this market in 2018 so far. Benchmarks have fallen up to 3 percent between January 1 and March 21, driven by multiple factors.
A ‘Grand Coalition’ of opposition parties to challenge the BJP in the general election seems likely which is something already weighing on Indian markets apart from weak global cues.
Here is the list of 12 top stocks that can give upto 47% return over 12-15 months period.
Stocks with higher earnings potential according to Reuters estimate include names like Graphite India, Raymond, Magma Fincorp, Future Life, GE Power, Quess Corp, Welspun Corp, Century Textiles, Thomas Cook, Tata Motors and Avanti Feeds.
Benchmark indices were off day's high in the afternoon as investors turned cautious ahead of the outcome of US Federal Reserve's policy meeting due later today. The S&P BSE Sensex and Nifty Bank slip over 200 points from intra-day highs
Spinning Top is often regarded as a neutral pattern which suggests indecisiveness on the part of both bulls as well as bears. It can be formed in an uptrend as well as in a downtrend.
The market breadth also turned in favour of declines as about 1,414 shares declined against 1,261 advancing shares on the BSE
Most of these stocks were multi-baggers over the last three financial years.
Here is the list of 10 stocks that can give up to 76 percent return.
After falling for five consecutive sessions, the Indian market witnessed some bit of value buying along with short coverings at lower levels. However, the way, Nifty corrected from its intraday high, shows that the pain may not be over for markets.
Reliance Industries, ICICI Bank, HDFC Bank, ONGC, Yes Bank, BPCL and UltraTech Cement declined up to 1.5 percent.
In FY18, 38 IPOs have concluded with IPO fundraising volume of above Rs 77,000 crore, Centrum Broking said in a report.
Identifying multibaggers for your portfolio is not easy as they won’t give returns overnight. Hence, for the stocks to become wealth creators investors have to buy them early and give these stocks time to rise and give multi-fold returns.
The Nifty which opened with a positive bias failed to hold on to the momentum as bears took control of D-Street as it reclaimed 10,200 levels. The index slipped below its crucial 200-DEMA placed around 10,114 and now a closed below 10,000 could take Nifty towards 9700.
HCL Technologies, Tata Steel, Bharti Airtel, Bajaj Finance, Hindalco, HPCL, Wipro, Infosys, SBI, ICICI Bank, Tata Motors, HDFC fell up to 5 percent.
Overall, it sees industry revenue to decline 5% over next 12 months, while mid term revenue CAGR of 15 percent may be seen.
Prabhudas Lilladher expects the Nifty to trade in a range of 9,640-10,500 in the near term.
Buying and selling of securities are done by the mutual fund which does not attract capital gains or transaction-related taxes. The investor would need to pay tax only after exiting from the fund.