US Core PCE, Russia-Ukraine peace deal progress to steer commodities next week
All eyes now turn to the US Core PCE data, which is expected to rise 0.3 percent MoM in July, pushing the annual rate to 2.9 percent from 2.8 percent, further away from the Fed’s 2 percent target.
Chartist Talk: Sudeep Shah spots overbought signals in these 2 stocks, expects Nifty Auto index to hit record high in September
Given technical confirmations, Nifty Auto is well-positioned to continue its outperformance in the short term, barring any major market-wide disruptions, said Sudeep Shah of SBI Securities.
Daily Voice: FPIs may turn incremental buyers if 4 factors improve, says Choice Wealth's Nikunj Saraf
A 10% market upmove by year-end is possible but not a base case without help from global rates and a benign outcome on tariffs, said Nikunj Saraf of Choice Wealth.
Broader indices outperform; 66 smallcap stocks rally 10–33%
In this month of August so far, FII sold equities worth Rs 25,751.02 crore and DII bought equities worth Rs 66,183.51 crore.
Chartist Talk: Milan Vaishnav picks these 2 stocks for next week, sees continued strength in Cummins and M&M
Overall, the Nifty 50 remain in the broad trading range with strong under-currents and will eventually move past the crucial resistance zone of 25,000-25,150 in the coming days, says Milan Vaishnav of Gemstone Equity.
Daily Voice: Tariffs can be an opportunity if India pushes key reforms in land, labour and capital, says Marcellus' Pramod Gubbi
According to Pramod Gubbi of Marcellus, the auto sector should be an obvious beneficiary and there will likely be demand pick up at the margin as lower GST will likely lower cost of ownership of vehicles.
Gold rate today: Yellow metal gets cheaper, check the latest rates in your city on August 22
Gold rate today: Yellow metal's October contracts on MCX opened at Rs 99,301 per 10 grams today.
Daily Voice: GST reform could boost demand by Rs 2 trillion; Nifty may hit new highs by year-end, says HDFC Securities
Varun Lohchab of HDFC Securities believes that market valuations are currently fair and expects the Nifty to rise by approximately 10% from current levels.
First Tick: Here are the top global cues for today’s trade
After remaining net sellers in the last two session, the Foreign institutional investors (FIIs) bought equities worth Rs 1246 crore on August 20, while Domestic institutional investors (DIIs) also bought equities worth Rs 2546 crore on the same day.
Stocks to Watch Today: Hindustan Unilever, Wipro, Apollo Hospitals, Hikal, GHV Infra, Texmaco Rail, Vedanta, Titagarh Rail, R Systems in focus on 22 August
Stocks to Watch, 22 August: Stocks like Hindustan Unilever, Wipro, Apollo Hospitals Enterprise, Hikal, GHV Infra Projects, Texmaco Rail and Engineering, Vedanta, Titagarh Rail Systems, and R Systems International will be in focus on August 22.
Gold rate today: Yellow metal rebounds, check the latest rates in your city on August 21
Gold rate today: Gold's October contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 99,159 per 10 grams today.
First Tick: Here are the top global cues for today’s trade
Oil prices gained slightly on Thursday as larger-than-expected declines crude oil and fuel inventories in the U.S., the world's biggest oil user, supported expectations for steady demand.
Daily Voice: Likely inflationary pressure, economic slowdown could force United States to rethink tariffs policy over time, says DSP MF’s Vinit Sambre
Given the current rich valuations, DSP MF’s Vinit Sambre believes markets have already priced in much of the positive news.
Stocks to Watch Today: Clean Science, Shanti Gold, India Cements, RailTel, Jupiter Wagons, V-Guard, Fortis, Innova Captab, Poly Medicure in focus on 21 August
Stocks to Watch, 21 August: Stocks like Clean Science and Technology, Shanti Gold International, India Cements, RailTel Corporation of India, Jupiter Wagons, V-Guard Industries, Fortis Healthcare, Innova Captab, Poly Medicure, Enviro Infra Engineers, and Prostarm info Systems will be in focus on August 21.
Gold rate today: Yellow metal falls below Rs 98,600-mark on MCX, check the latest rates in your city on August 20
Gold rate today: Yellow metal's October contracts on the MCX opened at Rs 98,742 per 10 grams today.
First Tick: Here are the top global cues for today’s trade
Oil steadied after a report signaled a decline in US stockpiles, while investors weighed the outlook
for Ukraine-Russia truce talks.
Daily Voice: Strong market rerating likely if consumer sectors deliver strong earnings, says Client Associates' Rohit Sarin
Consumer services like hotel and travel, consumer discretionary and NBFCs could do well if consume demand picks up, says Rohit Sarin of Client Associates.
Stocks to Watch Today: Paytm, Lloyds Metals, Info Edge, GNG Electronics, Aditya Infotech, Endurance, Regaal Resources, Phoenix Mills in focus on 20 August
Stocks to Watch, 20 August: Stocks like One 97 Communications, Share India Securities, Lloyds Metals, Info Edge India, GNG Electronics, Aditya Infotech, Endurance Technologies, Regaal Resources, and Phoenix Mills will be in focus on August 20.
Gold rate today: Yellow metal under Rs 1 lakh-mark on MCX; check the latest rates in your city on August 19
Gold rate today: Gold's October contracts on the MCX opened at Rs 99,466 per 10 grams today.
First Tick: Here are the top global cues for today’s trade
Oil prices slipped in early Asian trade on Tuesday as market participants contemplated planned three-way talks among Russia, Ukraine and the U.S. to end the war in Ukraine, which could lead to an end to sanctions on Russian crude.
Daily Voice: Any of these 4 possible triggers could spark a massive rally in equity markets, says Green Portfolio PMS' Anuj Jain
The combination of GST rationalisation, a restructured tax regime, and the recent rate cuts can give demand a strong push. But more importantly, it sets the direction for the economy, said Anuj Jain of Green Portfolio PMS.
Stocks to Watch Today: BlueStone Jewellery, Aditya Infotech, Vedanta, Hindustan Zinc, Marine Electricals, All Time Plastics, EIL in focus on 19 August
Stocks to Watch, 19 August: Stocks like BlueStone Jewellery, Aditya Infotech, Vedanta, Hindustan Zinc, Marine Electricals, All Time Plastics, Engineers India, GNG Electronics, Seamec, and Goldiam International will be in focus on August 19.
Gold rate today: Yellow metal's prices remain flat; check the latest rates in your city on August 18
Gold rate today: Yellow metal's October contracts on MCX opened at Rs 99,960 per 10 grams today.
Daily Voice: Trade measures, PLIs and infrastructure push can ease tariff impact over time, says Tata MF's Chandraprakash Padiyar
India’s fundamentals remain steady. Stronger corporate balance sheets, fiscal stability, and RBI’s liquidity support should aid a recovery, with earnings growth back in double digits over the next couple of years, said Chandraprakash Padiyar of Tata MF.
