More than the earnings announcements, investors and traders will focus on the outlook provided by the management, especially for consumption-driven companies.
Umesh Mehta recommends 5 stocks that would be wealth creators for the next 2-3 years would be Hindustan Zinc, HDFC, SBI Life Insurance, Kotak Mahindra Bank and ITC.
Pharma, Agri inputs, FMCG including, Food & beverages, IT, Paper & packaging are some of the sectors which are expected to do better comparatively
Banks could still gain market share as a significant amount of space vacated by NBFCs which are suffering from liquidity challenges. Hence, we continue to prefer the banks.
The credibility of the banking sector is badly hit by the revelations of fraud at the topmost level of management. It will not be easy for the sector to gain the investors' trust again.
Since September 20, most stocks on the BSE 500 index have shed their gains on corporate default fears, PMC crisis and Q2 earnings
According to the O’Neil methodology, there were two follow-up entry points after the tight area formation. After both instances, the stock gave good returns
Since the earnings season has begun, volatility will remain high across the board, traders should focus more on risk management aspect and avoid naked leveraged trades.
In the S&P BSE 500 index, as many as 8 stocks fell 10-20 percent which include names like Delta Corp, Rail Vikas, Berger Paints, Bharti Airtel, Gruh Finance, Bandhan Bank, and Adani Green Energy.
We believe the performance is very much concentrated for now with only a few stocks that are aiding the breadth and are having the momentum.
We have collated a list of top five stocks that hit new highs on October 10 and what analysts have to say about them.
Mustafa Nadeem, CEO - Epic Research, gave an exclusive interview to Moneycontrol.
ICICI Securities, in a recent note, maintained its one-year target for the Nifty at 13,400, which translates into an upside of 20 percent from current levels.
Private banks will outperform market and will generate maximum returns, due to strong revenue growth along with stable NII's (Net interest income).
This rate cut means that the Monetary Policy Committee has cut the repo rate by 135 basis points in 2019.
As many as 32 stocks in the S&P BSE 500 index rose 50-100%. These include Info Edge, Titan Company, Vinati Organics, Muthoot Finance, and SpiceJet.
In the coming week, the market would be driven by global factors/events along with results season outcome in the near term
The Nifty50 could find support around 11,050-10,800 levels and 11,250-11,400 zone is likely to act as a hurdle.
UBS sees the Nifty trading at 12,300 by June 2020 in best case scenario, which implies a gain of over 8 percent from October 3 close of 11,314.
This week is a holiday-shortened one and participants will be closely eyeing the RBI's monetary policy review meet on October 4.
FIIs are concerned about global slowdown due to US-China trade war, Brexit, geo-political issues and premium valuation in developed countries like the US, says Vinod Nair of Geojit Financial Services.
“The government had to act decisively because there was an absolute sense of pessimism and 'given up' feeling, which has gone," Damani said.
Slowdown in overall economy and corporate governance issues in certain companies has somewhat restricted the outperformance of midcaps versus frontliners
It is too early to call a top in gold prices but it should not be bought at current prices but only on some significant declines--a climb down of 5 - 7 percent in international gold prices would make it quite attractive again.
We are specifically bullish on private banks, at the same time we can expect changes in components of Bank Nifty in semi-annual rebalancing. Buying is advisable in Bank Nifty on dips.