The blue-eyed boy would be the metals index, which showed a double bottom in March 2020, quiet similar to the levels since in 2016. The cyclical nature of the sector also trumps the favor.
The Indian market has been witnessing fireworks in the run-up to Diwali, also the beginning of the new Samvat 2077. Nothing seems to be stopping the bulls to climb the wall of worries. In this special show, we share with you the outlook on markets as we enter Samvat 2077 and help you pick top muhurat trading stocks which can help you garner good returns over the next year.
As the risk appetite returns, the market participants would look at the mid and small caps given that the entire space of small and midcap space provides excellent companies at attractive valuations.
Experts suggest investors to accumulate quality stocks across sectors which are likely to benefit the most from the policies initiated by the government.
Credit, consumption, real estate, and economic growth remain in a downtrend. It is worth noting that the equity-market cycle always bottoms before the economic growth bottoms, says Shailendra Kumar.
Benchmark indices could flirt with record highs in Samvat 2076 but there are plenty of individual stocks that will grab the spotlight in the next 1 year.
The Sensex closed 192 points, or 0.49 percent higher at 39,250.20 with 19 stocks in the green, while the Nifty closed 43 points, or 0.37 percent, up at 11,627 on October 27.
Mid and small-cap stocks have remained under pressure in Samvat 2075. But, there could be stock-specific opportunities that could come in the next 12 months
From a 3-year perspective, this is a very enticing market one were professionals should slowly but surely go aggressively in with high-quality names
May this Diwali bring to each a renewed vigour for actively managing risk.
Gold would most certainly play a prominent part in the asset class exposures given the uncertain global environment sparking liquidity flows into the safe-haven yellow metal.
The Nifty50 stocks reported a mixed set of numbers in the week gone by. Companies such as Bajaj Finance, Bajaj Finserv, ITC, Axis bank and HCL Tech posted healthy numbers that surprised the street.
In this Diwali special, Moneycontrol’s Sakshi Batra lists down stocks recommended by various brokerages with the potential for giving great returns on Samvat 2076.
Speaking about earnings for Q2FY20, Mukherjee said that despite the current economic conditions, good companies are still delivering some growth.
In this article we will focus on the unlisted commercial papers (CPs) and restrictions on credit enhanced debt papers. These twin measures severely restrict mutual funds from betting on high yield papers.
These are the themes investors should watch for in the new year ahead, to know whether markets will fare better or not in Samvat 2076
Markets are likely to remain volatile in the near-term till economic recovery is visible. However, the revival in sentiment has arrested the negative feedback loop and changed the narrative, says Siddhartha Khemka of MOFSL.
The recent policy change such as reduced corporate tax is going to have a long term positive impact on markets. One must utilize the dips as market could be seeing higher levels of 12700-12900 in next 1 year.