June 18, 2018 07:05 PM IST
I would be very surprised if pharma companies went back and made new lows or broke their lows from which the rally started, says Udayan, adding the could be over for the sector.
June 18, 2018 06:00 PM IST
The S&P BSE Midcap index slid 0.18 percent, and the S&P BSE Smallcap index lost 0.77 percent.
June 18, 2018 04:55 PM IST
Trading activity seen in the last three sessions suggest that indices are in a consolidation mode which shall eventually lead to a directional move with a breakout in either of the directions.
June 18, 2018 04:31 PM IST
Technology, metals and HDFC group stocks pulled the market lower while the buying in oil retailers, auto and ICICI Bank capped losses.
June 18, 2018 10:29 AM IST
Investors need to be careful while selecting stocks in midcap space as any unfavourable result in state elections would result in a drastic fall in midcaps and smallcaps
June 18, 2018 09:20 AM IST
“We continue to remain positive on markets till it sustains above 10,700 levels,” says Vikas Jain of Reliance Securities
June 18, 2018 09:03 AM IST
Asian shares declined amid escalation in US-China trade tensions, as oil extended losses.
June 18, 2018 08:57 AM IST
“The Nifty ended last week with an inverted hammer candle, which implies nervousness still persists” says Jaydeb Dey of Stewart & Mackertich Wealth Management
June 18, 2018 08:29 AM IST
Stock specific moves likely to happen in selective IT, pharma, NBFC stocks and heavyweights stocks are likely to take the lead while PSU, Auto, Cement, Mid and Small Cap stocks would be under pressure with limited upside.
June 17, 2018 09:52 AM IST
Currently, Banknifty is the only instrument with weekly options listed on NSE. Weekly options don't mean that the life of the Option is just 1 week.
June 17, 2018 09:50 AM IST
Rajesh Palviya of Axis Securities feels if Nifty crosses 10,900 levels then short covering can pull the indices to the 11,000 mark.
June 17, 2018 09:50 AM IST
Aruna Giri of TrustLine said unlike 2017, which was a year of magical macro, 2018 will be a year of micro with stock specific sizzle steered by a progressive revival in the so-far elusive earnings growth.
June 17, 2018 09:23 AM IST
Sumit Bilgaiyan of Equity99 said the key factors such as rupee's movements against the US dollar and fluctuations in crude oil prices as well as developments on monsoon's progress will impact investors' risk-taking appetite.
June 16, 2018 06:22 PM IST
Experts advise traders to remain cautious in the coming week as the markets are likely to remain volatile
June 16, 2018 02:17 PM IST
The market traded in a narrow range amid domestic data announcements including inflation data for the month of May while global cues included ECB meet, Fed meet
June 16, 2018 09:36 AM IST
Focus on the growth rate of the industry including future growth potential is a must
June 15, 2018 05:08 PM IST
The broader market indices, BSE Midcap & Smallcap, underperformed the benchmark, to close with losses of 0.4 percent and 0.5 percent, respectively.
June 15, 2018 04:53 PM IST
Investors are advised to remain cautious and await for a breakout or a breakdown before initiating fresh positions.
June 15, 2018 04:26 PM IST
The Nifty IT index rallied over 2 percent following sharp depreciation in the rupee and share buyback announcement by TCS..
June 15, 2018 09:05 AM IST
Asian markets are cautiously mixed ahead of expected US tariffs.
June 15, 2018 08:46 AM IST
Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 19.5 points or 0.18 percent. Nifty futures were trading around 10,795-level on the Singaporean Exchange.
June 14, 2018 05:13 PM IST
Sectorally, the S&P BSE Healthcare index rose 1.4 percent, followed by the S&P BSE Auto index which rose 0.05 percent.
June 14, 2018 04:22 PM IST
Reliance Industries, which helped the market recover some losses in later part of the session, ended at record closing high of Rs 1,007.95 (up half a percent).
June 14, 2018 12:54 PM IST
Post-correction, pharmaceutical companies are now available at reasonable valuations making them attractive to long term investors
June 14, 2018 12:36 PM IST
In 2018, Jimeet Modi of Samco Securities expects outperformance from pharma, textiles, industrial machinery and cement
