-
Indian equity market started the week on a positive note on July 1, with breadth favourable for bulls. The Nifty 50 rallied 131 points to end at a new all-time closing high of 24,142 after a day of small profit-taking. Experts expect the index to hit 24,200, followed by 24,500 in the coming sessions, provided it holds 24,000 as immediate support and 23,800 as crucial support. The Gift Nifty is hinting at a strong start yet again today. Lots of stocks in focus – ONGC, Oil India after govt hikes windfall tax on crude, Hero Moto, Tata Motors and TVS Motor report June auto sales figures. Adani group stocks in focus as SEBI issues 46-page showcause notice to Hindenberg over its report on the conglomerate. Catch Nandita Khemka in conversation with Osho Krishan, Sr Analyst - Technical & Derivative Research, Angel One and Amit Jain, Co Founder, Ashika Global Family Office Services.
-
The Nifty 50 closed below 22,500 for the first time since May 17. The market fell below multiple supports and closed nearly a percent lower on May Series Expiry Day. Across on Wall street, Nasdaq tumbled over a percent, Asian markets are trading mixed. All eyes will be on macro cues like India's GDP data which will be released by NSO at 5:30 pm. Meanwhile, Stocks in focus will be Apollo hospital, Muthoot Finance & Jio Financials. Moneycontrol's Stacy Pereira speaks Milan Vaishnav, Founder and Technical Analyst, ChartWizard FZE and Dhiraj Reli, MD & CEO, HDFC Securities on Opening Bell.
-
The bear attack in the last hour of trade and a further spike in volatility show that bulls have reached a point of exhaustion. Experts believe the index will likely be rangebound with resistance at 23,100-23,200 and support at 22,800 in the coming sessions. Handover from global markets seems strong with Gift Nifty indicating a positive start for Indian equities. Among the stocks in focus will be LIC and IRCTC. Moneycontrol's Stacy Pereira speaks with Ruchit Jain, Lead Research Analyst at 5Paisa and Market Expert Prakash Diwan on Opening Bell.
-
After a brief touch and go with 23,000, and a fresh all-time high, can we thread upwards? Most experts believe going forward, 23,000 is expected to play a crucial role in the index's journey. However, on the lower side, 22,800 is likely to act as support. Many macros to be looking at this week: from Auto sales data to Q4 GDP estimates in India and US. And of course the exit poll data on June 1st and we conclude polling for the general elections. Among those declaring their earnings today are NMDC and LIC. Moneycontrol's Stacy Pereira speaks with Kunal Rambhia Fund Manager at The Streets and Hement Shah, Fund Manager at Seven Islands PMS on Opening Bell.
-
Nifty is likely to consolidate and remain rangebound until it decisively surpasses the 22,600 level, as it currently still hovering around this important support level. As for the handover, reacting to Fed minutes, US stocks closed lower as well as oil prices tumbled. But Nvidia Corp's shares rose over 4% in the extended trading after the megacap chipmaker forecast quarterly revenue above estimates. Stocks in focus: Power Grid, Nykaa, Gland Pharma, reacting to their earnings. Whereas reporting their earnings will be ITC, InterGlobe Aviation, and Honasa Consumer the parent of Mamaearth. Moneycontrol's Stacy Pereira speaks with Ajit Mishra SVP, Technical Research, Religare Broking and Sandip Agarwal Fund Manager, Sowilo Investment Managers on Opening Bell.
-
Indian equity market saw a last hour pop that sent the Nifty above the 22,400 mark. Considering the solid recovery from the day's low in the last hour of trade as well as decisively surpassing 22,300 levels on May 16, the market seems to have turned strong after a day of consolidation. The Nifty 50 is likely to be headed towards 22,500-22,600 levels provided 22,300 acts as a support in the coming sessions, experts said. Overnight, Wall Street ended off session highs but the Dow hit the 40,000 milestone for the first time in intra-day trade. The GIFT Nifty, meanwhile, is hinting at a muted but positive start for the Indian market. Among stocks in news watch out for Vedanta, PB Fintech and Biocon among others. Catch Nandita Khemka decode the cues for trade with Jay Thakkar, Head Derivatives and Quant Research, ICICI Securities and Andrew Holland, CEO, Avendus Capital Public Markets Alternate Strategies LLP.
-
Indian equity benchmark Sensex and Nifty indices are likely to open on a negative note on April 15 as trends in the GIFT Nifty indicate a weak start for the broader index with a gain of 134.50 points. The indices faced a significant 1 percent decline on April 12 amid a broad-based selloff. Investor sentiment was dampened by escalating tensions between Iran & Israel, hot US CPI inflation data, which dashed hopes of a June rate cut and led to a surge in treasury bond yields. On Friday, the Sensex was down 793.25 points or 1.06 percent at 74,244.90, and the Nifty 50 was down 234.40 points or 1.03 percent at 22,519.40. In the wake of escalating geopolitical tensions, will crude surge to $100 and can gold make a dash at the $3,000/oz mark? Peter Mcguire, CEO, XM Australia shares his thoughts on where commodity prices are headed. Also catch Nandita Khemka decode the cues for trade with Brijesh Ail, Head-Technical & Derivatives, Retail Research, IDBI Capital Markets and Sahil Kapoor, Head-Products & Market Strategist, DSP Mutual Fund.
-
Trends in the GIFT Nifty indicate a firm start for indices in India however, Indian benchmarks failed to hold on to their record levels and ended with marginal losses amid volatile trade. Globally, indices on wall street posted modest gains ahead of major inflation data while asian markets are trading uder pressure. Among stocks in focus will be Paytm as FPIs increase stake by 2% in Q4FY24. Indusind Bank, Lupin, PB Fintech will be in focus. Moneycontrol's Stacy Pereira speaks with Rajesh Palviya, Senior Vice President Research-Head Technical & Derivatives at Axis Securities Limited and Nikhil Oswal, Founder & Director, Finterest Capital on Opening Bell.
-
RBI will announce MPC decision today. Is NIfty poised to end this week on a high? Catch this edition of Opening Bell with Nandita Khemka in conversation with Sunil Subramaniam, MD & CEO, Sundaram Mutual and Raja Venkatraman, Co-Founder NeoTrader.
-
The Nifty 50 extended previous day's recovery further and reclaimed psychological 22,000 mark with above average volumes after the Federal Reserve maintained fed funds rate at 5.25-5.50 percent and stuck to three rate cuts in the current calendar year. Given the renewed buying interest after recent weakness and sharp decline in volatility, the index may extend rally towards 22,200-22,300 levels. If the index holds 22,200 level in coming days, then one can consider the recent low of 21,710, which is a support for the time being, as a lower top, experts said. The Bank Nifty snapped nine-day losing streak and jumped 374 points to 46,685. The banking index climbed back above 50-day EMA (exponential moving average). Global markets are mixed with Wall Street clocking record close for a second straight session and GIFT Nifty indicating a mildly higher start. IT stocks will be in focus after Accenture trims revenue guidance for FY24. Catch Nandita Khemka in conversation with Raja Venkatraman, Co-Founder, NeoTrader and Deepak Ramaraju, Senior Fund Manager, Shriram AMC.
-
The benchmark equity indices are likely to open lower on February 5. The next big trigger for equity markets will be RBI policy. The Reserve Bank of India will hold its key interest rate steady at 6.50% on February 8, according to economists polled by Reuters who expected the central bank to keep rates unchanged until at least July, longer than some developed market central banks. Stocks to watch out for includes SBI, LIC Housing Finance, Delhivery amongst others. SME IPO Listings include the names like Harshdeep Hortico, Mayank Cattle Food, Megatherm Induction amongst others.
Within the primary markets, Apeejay Surrendra Park Hotels IPO opens today, price band at Rs.147-155 per share.
Catch Moneycontrol's Nickey Mirchandani with Prashant Sawant, Founder of Catalyst Wealth and Mayuresh Joshi, Head of Equity Research at William O’Neil India.
-
The domestic equity frontline indices Sensex and Nifty are expected to open higher amid cautiousness on Monday tracking mixed global cues. investors will eye several stock market triggers including the ongoing Q3 results, Interim Budget 2024, US Federal Reserve policy verdict, foreign capital inflow, along with other domestic and global market cues. Globally this week would be important, the US Federal Reserve monetary policy and its first rate decision of 2024, to be released Wednesday, will be keenly watched and is expected to guide the markets. Like the secondary market which will be full of events this week starting from January 29, the primary market will also see a lot of action with six IPOs hitting the street and 10 companies scheduled for listings. Catch Nickey Mirchandani with Prashant Sawant-Founder Catalyst Wealth and Vinit Sambre, Head - Equities, DSP Mutual Fund
-
The Indian stock market indices, Sensex and Nifty 50, are expected to open flat on Friday amid positive global market cues. A crucial day for Indian equity markets as index heavyweight Reliance Industries will be reporting its numbers. Over the weekend, ICICI Bank, Kotak Mahindra Bank, Union Bank of India, IDBI Bank, IDFC First Bank,Persistent Systems will be reporting thier numbers. Catch Nickey with Shivangi Sharda-Analyst- Equity Derivatives & Technicals, Broking & Distribution, MOFSL and Andrew Holland--CEO, Avendus Capital Public Markets Alternate Strategies LLP
-
Benchmark Indian indices are likely to open marginally lower as GIFT Nifty indicates a negative start for the broader index. Market snapped a five-day rally and are likely to consolidate further. Asia markets mostly fall as China misses fourth quarter GDP estimates coming in at 5.2%; Hong Kong leads losses. Even Wall street futures are trading lower. Among stocks to watch HDFC Bank will be in focus post its disappointing Q3 numbers. Aviation & travel stocks will also be in focus after the major disruptions at airports. While Asian Paints will see action ahead of its Q3 earnings. Stacy Pereira speaks with Rajesh Palviya · Senior Vice President Research (Head Technical & Derivatives ) at Axis Securities Limited and Anirudh Garg Partner and Head of Research at Invasset, PMS on Opening Bell
-
Indian equity markets are likely to start, the last week of 2023, with slight gains. U.S. inflation data bolstered bets the Fed Reserve would cut interest rates soon. Asian stocks gave up early gains. Amid holiday season, few global markets are shut today. The Stocks that need to be watched out for include Infosys, Aurobindo Pharma, Zydus Lifesciences, UPL, Reliance Industries, Tata Steel. New listings would Include Suraj Estate Developers, Muthoot Microfinance and Motison Jewellers.
Catch Moneycontrol's Nickey Mirchandani with Brijesh Ail Head Technical & Derivatives, Retail Research (IDBI Capital Markets and Securities Limited) and Anish Tawakley- Deputy, CIO- Mutual Fund Manager, ICICI Prudential.
-
India's stock market is likely to take a breather from a rally and open on a tepid note on Monday amid weak global cues. Dips might be brought into through the course of the day.
Stocks to watch out for include- IT names, sugar stocks, PSU Banks , Zee and JSW Group stocks amongst others.
Catch Nickey Mirchandani with Prashant Sawant-Founder Catalyst Wealth and Sandip Agarwal -Fund manager, Sowilo Investment Managers
-
Nifty might not witness any major moves in today’s trading session after scaling best stretch of weekly gains in nearly three years. All eyes will be now on FOMC meeting to provide further direction to D-Street.
Investors widely expect the FOMC (Federal Open Market Committee) to hold interest rates steady at its meeting. The FOMC interest rate decision will be announced on December 13.
In today’s session, Real estate stocks will be in focus after Oberoi Realty gets a downgrade from Morgan Stanley; Tata Motors’ plan to hike CV prices, GQG entry in GMR infra and Softbank’s exit from Zomato amongst other things.
Seven IPOs will be hitting the main board and SME segment this week; raising a whopping Rs 3,000-3,500 crore. From mainboard, Doms Industries, India Shelter Finance, Cryogenic storage tanks manufacturer Inox India brace for the rush. In SME Segment, the name includes, Presstonic, S J Logistics, Shree OSFM, Siyaram and Microcrystalline cellulose maker Accent Microcell.
Catch Moneycontrol's Nickey Mirchandani with Prashant Sawant, Founder Catalyst Wealth and Anirudh Garg Partner and Head of Research at Invasset, PMS.
-
Indian stock markets set to open at fresh record highs for a fourth session in a row on Thursday, after the U.S. economic data kept intact the expectations of a U.S. Federal Reserve rate cut by March 2024 and as oil prices dropped.
Things to watch out would include weekly options expiry, oil prices after Brent slips below $ 75/ barrel mark and FM's comments at CII event.
In today’s session, Govt's divestment in IRCON, Warburg Pincus' Stake Sale in IDFC First Bank and Bharti Airtel, Brokerage downgrade on Paytm, price hike by M&M and sugar stocks will be in focus as govt steps in to check prices.
Catch Moneycontrol's Nickey Mirchandani in conversation with Ruchit Jain, Lead Research Analyst at 5Paisa and Pankaj Pandey, Head Retail Research ICICIDIRECT.
-
Indian equity market expected to open lower on Wednesday tracking weakness in global peer
Nifty held onto the 20,100 mark on Monday after minor cuts in a range bound session of trade, led by autos and PSU companies. Moneycontrol's Nickey Mirchandani discusses this with Rajesh Palviya, Technical Research, Head- Technical Research, Axis Direct and Sushant Bhansali, Chief Executive Officer -Ambit Asset Management. Stocks to watch out for include names like HDFC Bank on the back of analyst meet, Tata Motors’s price hike, Jefferies coverages on Oil Marketing companies and debut of wiring company- RR Kabel.
In terms of IPOs, Signature Global and Sai Silk open for subscription on September 20.
-
Indian equity market concluded extremely optimistic on Friday as it marked a record closing high, with autos and financial sectors taking the lead. Notably, the BSE companies collectively gained a remarkable market capitalization of nearly Rs 1 lakh crore, signaling a strong investor sentiment and optimism in the Indian stock market.
The US Federal Reserve's interest rate decision, global market trends and trading activity of foreign investors are the major factors that would dictate terms in the equity markets in a holiday-shortened week. In today’s opening Bell - We decode the road ahead for investors. Ride the wave or exercise caution?
-
Indian equity markets are set for a slightly positive start post the previous session’s divergent trend.
Nifty ended above the 20,000 mark with PSUs hitting 13-Year highs and midcaps seeing a sharp recovery in the last hour of trade. The prevailing sentiment remains optimistic, contingent on Put writers safeguarding the 19,900 levels. A drop below 19,900 could unsettle put writers, potentially triggering market corrections.
But, the real question one asks is- what’s next for markets? We try and decode the carnage witnessed in the broader index stocks and how one could navigate this further. Join Moneycontrol's Nickey Mirchandani in conversation with Chandan Taparia---Senior Vice President, Head - Derivatives & Technical Research, Motilal Oswal and A K Prabhakar—Head of Research, IDBI Capital.
-
The Indian stock market is set for a flattish start on Monday. Traders to be on the sidelines ahead of US inflation September data this week with investors seeking signals about the Federal Reserve's next likely moves on interest rates. The week awaits the primary market with six new public issues to be rolled out for bidding, along with five listings across mainboard and SME segments. Bulls will keenly eye Nifty's psychological 20,000-mark this week after domestic indices last settled on a six-week high. Join Moneycontrol's Nickey Mirchandani in conversation with Prashant Sawant-Founder Catalyst Wealth & Pankaj Tibrewal—EVP and Fund Manager, Kotak Mahindra MF.
-
Indian equity markets set for a tepid start amid an overnight slide in US equities on rate concerns, choppiness in Asian equities on deflation, and demand worries in China. Stocks to watch for include Tata Steel and Punjab National Bank. IPO Corner: Concord Biotech to debut on the bourses on August 18; Pyramid Technoplast to open for subscription. Join Moneycontrol's Nickey Mirchandani in conversation with Shivangi Sarda, Analyst – Equity Derivatives & Technicals, Broking & Distribution at MOFSL; and Rahul Arora, CEO of Nirmal Bang.
-
Indian equity markets set to open flat, in line with regional peers. Inflation worries have resurfaced in the domestic market after the RBI elevated its CPI forecast by 30 basis points to 5.4%, thereby increasing the chances of a protracted rate cut trajectory. Furthermore, the RBI’s move to control liquidity through incremental CRR has dented the sentiments of the banking sector. The stocks that should be on your radar include HCL Technologies, Hero Motocorp, Biocon, Prestige Estates, and Mazagon Dock Shipbuilders. Join Moneycontrol's Nickey Mirchandani in conversation with Kush Bohra (Technical) Founder, kushbohra.com, and Varun Lohchab (Head Of Research) - Institutional Equities - HDFC Securities.
-
Indian equity markets are in a consolidation phase ahead of the Reserve Bank of India's (RBI) interest rate decision on August 10. The potential shadow cast by Moody's downgrade of US Banks on Indian equities remains to be seen. Global cues remain mixed, and foreign institutions continue to sell. Stocks to watch out for include Coal India, Siemens, and Utkarsha Small Finance Bank, among others. Join Moneycontrol's Nickey Mirchandani in conversation with Rajesh Palviya, Senior Vice President of Research (Head of Technical & Derivatives) at Axis Securities, and Siddhartha Khemka, Head of Retail Research, Broking & Distribution at MOFSL.
