April 21, 2019 10:53 AM IST
As per the Fibonacci projections, the short term target of Nifty50 is 12,000 and in upcoming week if 11,856 trades on higher side then we could see a smooth journey towards the target level.
April 20, 2019 02:58 PM IST
Tri-party repo will enable market participants to use underlying collateral more efficiently and facilitate development of the term repo market in India.
April 19, 2019 09:54 AM IST
Nifty continues to remain in an uptrend in the medium term, so buying on dips continues to be our preferred strategy, says Rajesh Palviya of Axis Securities.
April 18, 2019 03:38 PM IST
"Whichever government comes to power, India stays decisively Left of Centre," said Chokhani.
April 17, 2019 01:09 PM IST
We would look at auto stocks more closely post elections and how monthly numbers pan out over period of 2-3 months to gauge if there is pickup in volumes.
April 16, 2019 01:23 PM IST
We expect consumption to pick up post elections due to lower base and phasing out of inventories in the system.
April 15, 2019 02:38 PM IST
If Nifty trades lower than 11,540 on closing basis decisively, then we can expect the cut to get deeper till 11,311. Until then, Nifty is likely to pendulum between 11,540 and 11,760, said Manali Bhatia of Rudra Shares
April 15, 2019 02:05 PM IST
Our preferred themes continue to be banking, IT and consumer. These sectors have various tailwinds in their favour and are likely to deliver decent absolute returns in FY20, said Naveen Kulkarni of Reliance Securities
April 15, 2019 01:57 PM IST
Nifty breaks the support level of 11,550 and closes below the same, it would drag the sentiment
April 15, 2019 01:02 PM IST
Any negative outcome from elections and continued slowdown in domestic and global economic growth can lead rupee to go over 70/$
April 15, 2019 12:35 PM IST
"These four spaces are classical Indian plays because they play naturally into India's distinctive tendency to pump up the budget deficit and spray money at the poor," he said.
April 15, 2019 12:26 PM IST
Since Nifty could not sustain opening level and traded below the weekly pivot point (11,670), which acted as a stiff resistance through the last week, it must sustain above 11,670 for further upside action
April 15, 2019 09:07 AM IST
For next week Nifty has strong support at 11,550-11,500 and resistance at 11,710-11,760, said Sumit Bilgaiyan of Equity99
April 14, 2019 08:16 AM IST
The gap between the broader markets and frontline Nifty stocks will soon lessen as the bull market resume when the small and midcap stocks will begin their upwards journey.
April 13, 2019 11:06 AM IST
Corporate earnings, especially of domestic oriented companies are showing an improving trend. We don’t expect any immediate significant earnings pick up atleast for next two quarters.
April 13, 2019 10:46 AM IST
We expect Bank Nifty is expected to trade in range of 29,500-30,100 in coming week.
April 13, 2019 09:41 AM IST
In the fixed systematic transfer plan, the transferable amount will be fixed and predetermined by the investor at the time of investment.
April 13, 2019 09:17 AM IST
On a weekly basis, the rupee ended marginally higher at 69.15 on April 12 against the April 5 closing of 69.22
April 13, 2019 09:08 AM IST
Lackluster trade is likely to continue in the coming week with just three active trading sessions
April 12, 2019 01:54 PM IST
We are not very optimistic on the sector as capacity additions are likely to continue and pricing discipline will therefore be intermittent in nature.
April 11, 2019 01:00 PM IST
A stable government will give a good fillip to the markets as it removes economic & policy uncertainty and portfolio inflows, said Aniruddha Naha of DHFL Pramerica Asset Managers
April 11, 2019 11:42 AM IST
There has never been dearth of quality and alpha-generating stocks in the market irrespective of cycles. Hence, the investors may still invest in quality stocks
April 11, 2019 10:23 AM IST
IT companies are expected to post strong revenue growth in the seasonally-weak fourth quarter, said Sidharth Sedani of Anand Rathi
April 10, 2019 04:12 PM IST
It appears that we are in the early stages of a bullish phase but, as usual, very few can trust this upswing especially keeping in mind the impending general election at the doorstep.
April 10, 2019 12:38 PM IST
Breach and sustenance above 11,760 on Nifty on tradable basis can help the rally to continue towards 11,900-12,000 levels
Copyright © e-Eighteen.com Ltd All rights resderved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited.
