Midcap and smallcap indices rose over a percent each this past week, outperforming the headline index, and there are some stocks that investors can look at buying this week.
Next week's trend will be decided on the basis of quarterly earnings and trends in global markets.
"Either one needs to adjust the non-linear asset for linearity or the most effective way is to draw signals from underlying using Technical Analysis and apply them on options to amplify returns," says Shubham Agrawal, CEO & Head of Research at Quantsapp Private Limited.
Any negative surprise in 2018 state elections outcome can impact market sentiments and it may displace all other factors for the market.
Deepak Jasani, Head – Retail Research at HDFC Securities said rural facing and infrastructure sectors could do well in 2018.
Here is a list of top three stocks which could give up to 11% return in the short term.
Experts cite positive cash flows as well as fund infusions, which will be used for expansion plans, as some of the reasons for upside on stock.
“Chart patterns suggest that the Nifty breaking out 10,600 is unlikely as of now” says Jaydeb Dey, Technical Analyst at Stewart & Mackertich Wealth Management.
As market breadth is picking up, traders are advised to shift their focus on stock specific opportunities. On the index, a break below 10,500 could fuel selling pressure while a break out above 10,630 shall extend the rally.
The S&P BSE Sensex closed 95 points higher or 0.28 percent at 34,427.20 while the Nifty50 ended 39 points higher at 10,565 on Thursday.
Market participants are, in fact, worried that the commodity will continue appreciating to new highs, which would spell trouble for Indian markets.
Pradip Shah of IndAsia Fund Advisors believes the biggest factor in play across themes could be noise around elections or change in sentiment.
Here is a list of top three stocks which could give up to 17% return in the next 6 months.
Expect markets to be rangebound with heightened volatility in the near term, says Harendra Kumar of Elara Equities.
"Nifty is likely to get into a trading band of 10,510 to 10,600.” says Jaydeb Dey, Technical Analyst at Stewart & Mackertich Wealth Management Ltd.
The Nifty which was sailing nicely in the first half of the trading session pared gains after the RBI Deputy Governor NS Vishwanathan has defended 1-day default clause of February 12 circular, saying default is a lagging indicator and not a leading indicator of financial stress.
We believe current premium valuations in the equity market can be attributed to an extent to the ruling government.
The market enters the 2019 polls with a majority government already at the helm, so it has to deal with the prospects of a weaker government at the center. Although, a minority government has not necessarily been bad for stocks, said the report.
Gold is a better option as a short to medium-term investment, as long-term returns on the yellow metal are often as low as 10 percent per annum.
Harit said he expected gold prices to remain in an uptrend in the near term, which will automatically help gold loan companies grow at an even faster pace.
Gold demand in India increased 9 percent last year to 727 tonnes and is expected to increase to around 800 tonnes this time around.
"We expect the range for Nifty to be between 10,600 to 10,400 levels, but we may consolidate here for a while before going higher. For Bank Nifty, this range is seen at 25,000 - 25,400," says Mustafa Nadeem, CEO at Epic Research.
A look at data for gold funds between Akshaya Tritiya in 2017 (April 28) and April 16 this year, reveals that returns have been in single digits.
Here is a list of top three stocks which could give up to 15% return in the short term.
Geopolitical tensions have eased a bit, but the market could continue to face global headwinds for a while, Udayan Mukherjee said in an interview with Moneycontrol.