Nifty 50 has yet again entered consolidation mode after a breathtaking rally. It also managed a close above the 18,600 mark. But can the momentum continue? Also May CPI print comes at a 25-month low at 4.25% within the RBI's comfort zone. All eyes now on the US CPI data and Federal Reserve's Policy decision to sway markets in either directions. Stacy Pereira discusses this with Sacchitanand Uttekar, Vice president of Research Traderbulls securities and AK Prabhakar, Head of Research, IDBI Capital Markets Services on Morning Trade.
Nifty fell below the 18,600 levels, while sensex too shed over 200 points in two consecutive sessions, showing potential for further profit booking. Meanwhile Moody's sees India's GDP expanding 6-6.3% in Q1, but also flags fiscal slippage risks. Among stocks in focus, Titagarch wagon, Interglobe aviation & TVS Motors will be in the spotlight. @Stacypereira89 discusses all this with Karan Taurani, Senior VP, Elara Securities and Axis Sec- VP- Research Rajesh Palviya on Morning Trade
Indian stock markets rose sharply in the last hour of trade on Wednesday. Both Sensex and Nifty 50 ended at a six months closing high. FMCG and IT shares led the indices higher. India's market capitalisation hit $3.5 trillion for the first time since Decemeber 1, 2022. Will the stock market hit a record high this week? All eyes will be on the RBI policy today and whether the central bank will shift its stance to neutral from withdrawal of accommodation. Catch Nandita Khemka in conversation with Latha Venkatesh on what to expect. Kaustubh Pawaskar of Sharekhan decodes why FMCG stocks are rallying and Milan Vaishnav of Gemstone Equity Research shares some interesting trading strategies. Watch!
Nifty staged a smart comeback at the fag end of the trading session to edge back near 18,600. This morning SGX Nifty is hinting at a positive start as it trades above the 18,700 mark. Overnight cues from Wall Street are also supportive. Will the Nifty manage to conquer 18,700 mark today? Meanwhile the Midcap party continues with the index on a continued uptrend. Will this party last and what are the best themes in the Midcap universe now? Also stocks in the spotlight Coal India, Adani Group, Torrent Power. Catch Nandita Khemka in conversation with Pankaj Tibrewal of Kotak Mutual Fund and Shivangi Sarda of Motilal Oswal Financial Services.
Nifty clocks a 2-day winning streak to end around that 18,600 mark. Autos were on a high with the Nifty Auto index hitting a fresh 52-week high led by M&M & Tata Motors. Lots of action seen in the broader markets as the Midcap index clocked yet another record close even as FPIs remained net sellers for a third straight day. Meanwhile, MPC’s 3-day meet kicks off today. Expectations are that the central bank will hold rates steady amid solid growth and cooling inflation. Catch Nandita Khemka in conversation with Vinit Bolinjkar of Ventura Securities on whether one should chase the momentum in Tata Chemicals and Tata Motors after the conglomerate inked a Rs 13,000 cr MoU with the Gujarat govt to set up lithium-ion battery unit. Rajesh Palviya of Axis Securities also joins in and shares some trading strategies for the day and decodes the chart setup for Nifty, Nifty Bank and stocks like SBI Life, Wipro, Tech Mahindra. Watch!
Nifty snapped a 2-day losing streak on Friday. Auto and metal stocks supported gains, while IT and oil & gas stocks underperformed. Lots of action seen in the broader markets as the Midcap index hit a fresh record in Friday’s session. Meanwhile, FPI investment hit a 9-month high at a little over Rs 43,800 cr in May on strong domestic macro-outlook. All eyes will be on the RBI policy outcome on Thursday as the MPC kicks off its 3-day meet tomorrow. Also, street is keenly watching out for OPEC+ meet outcome on oil production. Catch Nandita Khemka in conversation with Peter Mcguire, CEO, XM Australia on the crucial meeting of oil producing nations. Rajesh Palviya of Axis Securities also joins in and shares some trading strategies for the day and decodes the chart setup for Nifty, Nifty Bank and stocks like SBI Life, Wipro, Tech Mahindra. Watch!
SGX Nifty hints at a start above 18,600 mark for the nifty. Global cues are supportive this morning with the NASDAQ and S&P 500 closing at their highest levels since August 2022. Broader markets clocked solid gains despite market weakness in yesterday’s session. Raja Venkatraman of Neotrader decodes the chart setup for the Nifty and all the stocks in news this morning including Coal India, Bank Of Maharashtra, Info Edge and AB Capital. Meanwhile, auto sales for May have been on track with most 4-wheelers beating estimates. Catch Nandita Khemka in conversation with Abhishek Gaoshinde of Sharekhan by BNP Paribas on the outlook for auto stocks.
SGX Nifty is hinting at a muted start for the Indian market. The US house has passed a bill to raise the debt ceiling days before the government was expected to run out of money to pay its bills. Meanwhile, India's FY23 GDP growth comes in at 7.2%, above estimates. Q4 GDP growth too beats estimate, coming in at 6.1%. Nilesh Shah of Envision Capital talks about the current leg of market rally and where we are headed from here. Gaurav Bissa of InCred Equities decodes the chart set for Nifty and stocks like Coal India and Spandana Sphoorty. Watch!
Nifty gained for the fourth consecutive session to shut shop at a five-and-half-month high. Select banking and financial services stocks, FMCG and technology shares led gains on the index. The midcap segment emerged as the centre of attention with the Nifty Midcap 100 scaling a record high. The Nifty MidCap 100 index gained for seven straight sessions. So as the midcap mania continues, which are the investment themes that are offering value in this universe now? We discuss with Anil Rego of Right Horizons PMS. What are the charts saying about the Nifty and stocks like Adani ports, HDFC Life, Sona BLW & Coal India? We will be joined by Shrikant Chouhan of Kotak Securities to chat about the market technicals. Watch!
Nifty staged a marvellous upmove on Monday, continuing last week's rally and ending higher for the third straight session. Buying was seen in the metal, realty and financial names. During the day, the Nifty Bank index touched a fresh record high of 44,483. Nifty is just 1.4% away from its all-time high. Will the benchmark index scale a new peak anytime soon? Ajay Bagga, Chairman, Elyments Platforms talks about the factors driving the current leg of rally, the promising themes as we head towards life highs and whether or not this rally is here to stay? We also discuss the chart set up for the Nifty and stocks like IRCTC, RVNL, Adani Transmission among others with Sacchitanand Uttekar, Tradebulls Securities! Watch
Nifty staged a remarkable run on Friday to shut shop near the 18,500 mark. Benchmark indices hit a 5-month high while the midcap index rallied over 3% last week. Will the momentum continue this week? We discuss the chart set up for the Nifty and stocks like Maruti, ONGC, BHEL, NCC & Clean Science among others with Nilesh Jain of Centrum Broking. Meanwhile, US President Joe Biden and top congressional Republican Kevin McCarthy have come to a preliminary agreement to increase the federal government's debt ceiling of $31.4 trillion. This agreement will potentially prevent the world's largest economy from slipping into a disruptive default. But will this just be a short-term reprieve for the markets? Seth Freeman, Managing Director, B Riley Advisory Services explains! Watch
Nifty staged a remarkable comeback in the last hour of trade with Nifty Bank recouping most of its losses. Realty and FMCG were among the top gainers. Will the June series kick off on a positive note? Meanwhile, it’s the last leg of earnings season so gear up for Q4 results from the likes of Sun Pharma, M&M, ONGC and Grasim. Meanwhile, market veteran Andrew Holland shares his thoughts on the market - where we are headed from here and the top themes one can invest in now. We also discuss a whole host of stocks like Page Industries, Radico Khaitan & Emami with Raja Venkatraman of Neotrader. Watch!
SGX Nifty is hinting at a muted start for the Indian markets. It's monthly expiry day today, so the Nifty is likely to remain volatile around the 18,300 mark. Globally, FOMC minutes indicate that Fed members are divided over the future rate hike path. We touch base with Geoff Dennis and talk to him about interest rates, debt ceiling impasse and a whole host of other issues. Rahul Ghose of Hedged decodes the market setup and also discusses stocks like LIC, Nykaa, Adani Enterprises etc. Watch!
Nifty ended below the 18,400 mark amid last hour volatility. This morning the SGX Nifty is hinting at a start below the 18,300 mark in the wake of subdued global cues. What are the levels to watch on the index today. Ashok Leyland, Hindalco, Nykaa are some of the stocks that will be in the limelight today. We discuss the technical with Kunal Shah of LKP Securities. As the Nifty is just 500 points away from record highs, what is the investing strategy you should adopt now. We touch base with Hemant Shah, Fund Manager, Seven Islands PMS, and ask him
Nifty gains for a second straight day, shutting shop above the 18,300 mark. Will the bulls gain further momentum? BPCL Q4 earnings top expectations, PB Fintech narrows its losses significantly in Q4 and Ashok Leyland reports Q4 earnings today. We discuss the cues for trade and all these stocks with Sacchitanand Uttekar, Tradebulls Securities. Also what should one do with stocks like Divi’s Labs and Laurus Labs post Q4 earnings. Moneycontrol Pro’s Anubhav Sahu answers. Watch!
Nifty staged a recovery from intra-day lows to settle above the 18,200 mark but it snapped a 3-week winning streak to lose around half a percent on a weekly basis. FII flows have been strong in May, will the Nifty manage to reclaim 18,300 this week? Divi’s Lab, NTPC, JSW Steel, Bandhan Bank, and Delhivery have reported earnings post market close on Friday. Meanwhile, Zomato has narrowed its losses in the fourth quarter and the foodtech giant hopes to achieve profitability in the next 4 quarters. We discuss the numbers and how one should play this stock post Q4 earnings with Elara Capital’s Karan Taurani. We’ll also discuss the cues for trade and get you stock picks from Rajesh Palviya of Axis Securities. Watch!
Nifty clocked a 3-day losing streak to end below the 18,200 mark yet again. Key indices succumbed to selling pressure dragged by Divi’s Lab, SBI & ITC in late trade. Will the index manage to stage a comeback today? What’s the street verdict on both the stocks post Q4 earnings and why did SBI shares come under pressure after declaring the numbers? Neha Dave of Moneycontrol Pro decodes the way forward for the stock. We discuss the cues for trade and a whole host of stocks like IndiGo, United Spirits, Zomato etc with Raja Venkatraman of NeoTrader. Watch!
Nifty slipped below the 18,200 mark as markets continue to consolidate at higher levels. Will the index manage to stage a comeback on weekly expiry day? Meanwhile some big numbers lined up today as SBI & ITC report Q4 earnings today. SBI could report an over 65 percent uptick in profit while ITC’s cigarette volume growth is pegged at around 13 percent in the quarter gone by. CNBC-TV18’s Mangalam Maloo gives us a lowdown on what to expect from the conglomerate this time around. Meanwhile Vedant Fashions, MM Forgings are some of the other stocks in focus today. We discuss the cues for trade and a whole host of stocks with Nirav Chheda of Nirmal Bang. Watch!
Nifty slipped below the 18,300 mark as selling accelerated in the last hour of trade. Can the bulls regain momentum after a breather? Meanwhile, Bharti Airtel rings in a mixed quarter as margins beat estimates but topline misses expectations amid weakness in India business revenue and ARPU (average revenue per user). JSPL hands in a weak report card for the fourth quarter. We discuss the cues for trade and a whole host of stocks with Shivangi Sarda of Motilal Oswal Financial Services. Meanwhile, US is staring at a possible debt default, how catastrophic would it be for the economy? Peter Cardillo, Chief Market Economist, Spartan Capital decodes. Watch!
Nifty conquers the 18,400 mark to hit a five-month high, while the Nifty Bank notches a record close. Are the markets poised to hit fresh highs soon? Meanwhile, autos have hit the fast lane with major carmakers reporting stellar set of numbers for the fourth quarter. How should one play auto stocks post earnings. Moneycontrol Pro’s Nitin Agrawal shares some insights. We discuss the market setup and stocks like PVR Inox, Berger Paints & Coromandel International with Milan Vaishnav, Gemstone Equity Research. Watch!
Nifty ended another rangebound session on Friday above the 18,300 mark. For the week, the index saw gains of nearly a percent. Markets may see a sentimental impact of the Karnataka assembly polls that saw the Congress successfully stage a comeback by winning 136 seats and a 43% vote share. Meanwhile, street will also digest earnings from Tata Motors, DLF, DMart etc. Adani Group stocks will once again be in focus after the fund raise approval and Supreme Court’s hearing on the Hindenburg case today. We discuss the market setup with Siddhartha Khemka, Head-Retail Research, MOFSL, and Rajesh Palviya of Axis Securities. Watch!
SGX Nifty is hinting at a weak start for the Indian markets this morning. Will the Nifty manage to end the week above the 18,300 mark? Stocks in the spotlight today are Tata Motors, Cipla as they report earnings today. Also in focus will be Eicher, Siemens and BSE after good numbers. Watch out for Kotak Bank, Sona BLW, HAL and Zomato post the MSCI rejig. We discuss all these stocks with Raja Venkatraman of Neotrader. Meanwhile, latest AMFI data indicates that Equity mutual funds have slumped to a 4-month low. We discuss the data with Moneycontrol’s Abhinav Kaul. In global headline, Elon Musk resigns as Twitter CEO, says he has found a woman to lead the firm who may take over in the next 6 weeks. Watch!
The Nifty managed to end a range-bound session in the green. Will softer than expected US CPI data aid sentiment on Dalal Street? What are the levels to watch out for on the Nifty and the Nifty Bank today? Jay Thakkar, Head of Alternate Research at Sharekhan by BNP Paribas, decodes the trade setup for today. L&T’s Q4 profit jumps 10% but misses estimates. The engineering giant exceeds the revenue and order inflow growth guidance of 12-15%. The company, however, missed its guidance for margin, which declined year on year. We decode L&T’s quarterly show with Nirav Karkera of Fisdom. Also in the spotlight today are Dr Reddy’s, Asian Paints, Eicher Motors. Watch!
Benchmark indices trimmed gains in the afternoon session with the Nifty shutting shop below the 18,300 mark. Will the Nifty regain momentum today? Shrikant Chouhan of Kotak Securities decodes the trade setup for today. Stocks in the Spotlight are L&T, Dr Reddy’s and Apollo Tyres. Zomato plunged nearly 6% as investors fear disruption from ONDC’s entry into the food delivery space. How big a threat does it pose for Zomato and Swiggy? Karan Taurani of Elara Capital shares his thoughts! Watch!
Benchmark indices rebounded over a percent while the Nifty ended close to the 18,300 level on Monday, boosted by heavy buying in banking, financial and auto stocks. How should you navigate this rally and which sectors are poised to outperform. Kunj Bansal of NISM shares his insights. What are the support and resistance levels to watch out for on the Nifty and the Nifty Bank? Sacchitanand Uttekar of Tradebulls Securities tells us what the charts are suggesting. Stocks in the spotlight today: Canara Bank, Lupin and Pidilite. Watch!