Jan 24, 2021 09:04 AM IST
The Nifty continues to be in a bullish trend and is expected to continue with this trend unless it breaks the support level of Nifty 14,200, says Mehta.
- Jan 18, 2021 10:55 AM IST
Medium-term investment opportunities are still available in pockets like metals, commodities, and cyclical, though they have turned risky, says Mehta.
- Jan 11, 2021 10:54 AM IST
The momentum for the market has been strong enough to drive Nifty to new all-time high levels. With this feat, the market seems to be stretched on the valuation front at the higher end, says Mehta.
- Jan 03, 2021 07:21 AM IST
The stock market may not show the same kind of buoyancy in 2021 given that the market has already run ahead of its fundamentals, says Umesh Mehta of Samco Group.
- Dec 26, 2020 10:33 AM IST
The sharp sell-off on Monday has established short-term support at 13,130 and on the higher side, the index is likely to be capped in the range of 13,750-13,800 as the market is still overbought in the short-term.
- Dec 19, 2020 08:15 AM IST
Mehta who heads the research at SAMCO Group expects helicopter money in the system and new stimulus measures could fuel some aggressive buying in the year 2021.
- Dec 13, 2020 07:18 AM IST
Bulls are fully in charge and the market is trading in unchartered territory. Investors and traders should remain cautious in the short term as the market has become a little bit stretched.
- Dec 06, 2020 08:10 AM IST
In the short term, 12,900 is an important level to watch for in Nifty50. A close below this level could trigger short-term weakness and profit booking, says Umesh Mehta of Samco Group.
- Nov 22, 2020 08:46 AM IST
The Nifty 50, after a swift rally, is consolidating around the resistance of 13000 which is an important level from the market as well as option writers' perspective.
- Nov 14, 2020 08:51 AM IST
Investors should start picking up quality mid and small caps to ride the unfolding rally and reap the benefits of growth investing.
- Nov 01, 2020 07:40 AM IST
Private sector banks seem to be better poised to ride the next leg of the rally given that they have managed to trim their deposit rates at a much faster pace than their lending rates when compared to PSU peers.
- Oct 26, 2020 09:24 AM IST
Given that the biggest strength of any organization is its employees and systems in place - HDFC Bank has a really long runway ahead where it can unfold itself into a global mammoth financial service provider.
- Oct 18, 2020 07:25 AM IST
The Nifty 50 recorded a big bearish candle this week, which is a sign of market trading at overbought levels in the short-term and loss of control by the bulls.
- Oct 13, 2020 11:06 AM IST
After a swift rally of more than 1000 points, a mild pullback cannot be ruled out. Though the outlook on the market is still bullish and traders are suggested to keep a buy on dips approach.
- Oct 03, 2020 02:19 PM IST
Investors shouldn’t be aggressive buyers and approach the rally with caution since the US elections would be a key event to watch out for.
- Aug 15, 2020 12:22 PM IST
The week gone by ended with a huge red candle erasing gains from the start of the week. This is seen as a correction, as the short term trend for the market has turned down.
- Aug 12, 2020 09:08 AM IST
Retail investors have always been known for bottom-fishing in the hope of getting outrageous returns in a very short period.
- Aug 10, 2020 09:45 AM IST
Investors should watch out for the US’ second stimulus package. This move is expected to lift the overall sentiment of the US market and, in turn, markets across the globe.
- Aug 01, 2020 08:37 AM IST
The Nifty50 is portraying a bearish outlook and a decisive break below 11,000 can lead to a retest of 10,600 which is a possibility in a couple of weeks.
- Jul 25, 2020 12:26 PM IST
Retail turnover has increased to about 57 percent of the average cash volumes on the exchanges in the first quarter FY21 while daily deliveries have seen a dip.
- Jul 18, 2020 10:43 AM IST
Pharma stocks have witnessed a brief halt/pullback towards short term moving averages, however, the trend is still positive. Some of the players have started their next up leg.
- Jul 12, 2020 10:40 AM IST
It is expected that domestic cues may not have any major impact going ahead for the next few weeks and global signals may dictate the behavior of domestic bourses.
- Jul 05, 2020 10:29 AM IST
The index is hovering around 10,600-10,700 levels, which might turn into a crucial resistance, and support is now placed at 10,300, Samco Securities's Umesh Mehta told Moneycontrol.
- Jun 27, 2020 03:20 PM IST
Sheer underperformance and the oversold state of small and midcap stocks have resulted in outperformance when the market, in general, bounced back from lower levels.
- Jun 20, 2020 03:20 PM IST
The current 94% rally in the past 3 months in the Reliance Industries Limited stock is unsustainable as the human mind can easily extrapolate but markets act differently all the time.