The weekly options data suggested that the Nifty 50 is expected to trade within a broad range of 24,000–25,000, with an immediate range of 24,400–24,700.
While a majority of the departing executives are going back into the ecosystem and starting a new business, a small portion of them have chosen to simply change their sectors. The remaining are going back to safety.
If the index breaks 19,300, then it may get the next support around 19,000, whereas on the higher side, 19,600-19,650 is expected to be a crucial hurdle in the near term, experts said
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The upcoming week can be approached with a low-risk strategy like modified Call Butterfly in Nifty.
JK Lakshmi Cement shares jumped more than 10 percent to end at record closing high of Rs 825.35 and formed robust bullish candle on the daily charts with healthy volumes. It has been making higher highs for 10th consecutive session.
The upcoming week can be approached with a low-risk strategy like Modified Call Butterfly in Nifty.
European stocks closed lower as investors digested news from United States Federal Reserve, Swiss central bank, and Bank of England as they opted to hike rates. Stoxx 600 closed down 1.8 percent with all sectors and major bourses in negative territory except banks and basic resources, which were flat. Stocks in focus – M&M, Hero MotoCorp, Bombay Dyeing, Cipla and Shilpa Medicare.
Maruti Suzuki India has made a spectacular comeback in 2022 but the August sales data show signs of continued weakness. CJ believes that investors are getting too excited for nothing while Santo is adamant company is on recovery path. Watch the duo debate what lies ahead for India's largest car maker. Plus their thoughts on BHEL, Aurobindo Pharma and Adani Enterprises.
While benchmark indices ended in the red yesterday, auto sector bucked the trend. We take stock of wholesale volumes for the month gone by and key commentary from OEMs. Stock in the spotlight today - Aurobindo Pharma, Dodla Dairy, Route Mobile and Vijaya Diagnostics
Sensex was down 770.48 points at 58,766.59, and the Nifty was down 216.50 points at 17,542.80. Except realty, capital goods, PSU bank and auto, all other sectoral indices ended lower. BSE midcap and smallcap indices rose 0.5% each. Watch the video to know more about today's market action
Nifty bears have made a solid comeback after being beaten black and blue on Tuesday. Watch Santo & CJ discuss if bears have the staying power or will bulls keep marching on. Plus hear the duo's thoughts on Zee Entertainment, SRF and Ramco Cement.
At close, the Sensex was down 1.46 percent at 57,972.62, and the Nifty was down 1.40 percent at 17,312.90. BSE midcap and smallcap indices fell 0.5 percent each. Watch the video to know more about today's market action
Greaves Cotton delivered another stellar quarterly performance leading CJ to believe that the increasingly EV-focused company could continue to win over investors but Santo remains skeptical as he sees some risks to market optimism. Catch the duo debate on the fate of Greaves Cotton plus share their thoughts on Whirlpool of India, Alicon Castalloy and Bharat Forge.
Page Industries reported strong earnings for June quarter and further boosted CJ's confidence that the company remains a sought after bet on Dalal Street but the stock's rich valuations are giving Santo nightmares. Watch the duo clash head over the distributor of Jockey wear in India plus share their thoughts on Aurobindo Pharma, Paytm and Pidilite Industries.
Why HFCs focused on affordable housingg have failed to attract investors? We speak to Bharat Gianani of Aparna Iyer of Moneycontrol team. Stocks in spotlight today: Aurobindo Pharma, Apollo Hospitals, Balaji Amines and Sterling & Wilson. We also answer your stock queries LIVE with Ashish Chaturmohta
Manyavar's owner Vedant Fashions posted stellar growth in the June quarter and CJ now sees scope for further uptrend for the stock. Santo, however, believes that valuations may be pricing in too much optimism. Watch the duo lock horns over the Virat Kohli-endorsed brand. Plus learn their views on Adani Ports, Tata Chemicals and Marico.
Delhivery Q1 results were shocking for all the wrong reasons and has Santo advocating against it given lofty valuations. But, CJ is keeping calm and trusting the long term potential of the tech company. Watch Santo & CJ debate on what lies ahead for Delhivery stock plus share their thoughts on Bharti Airtel, Indraprastha Gas and ABB India.
Volatile stock markets are seen taking a toll on investor sentiment. Net inflows in equity mutual funds fell by 42 percent in July to Rs 8,898 crore compared to Rs 15,497 crore in June 2022. We speak to Jash Kriplani of Moneycontrol’s Personal Finance team. Stock in spotlight today: Bharti Airtel, Zensar Tech, Indian Hotels, Strides Pharma and Dilip Buildcon. We also answer your stock queries LIVE with Rajesh Palviya of Axis Securities.
Considering the bullish mood, the upcoming week can be approached with a low-risk strategy like Modified Call Butterfly in Nifty.
On the weekly chart of Alkyl Amines, the prices have shown a bounce on the upside. In the prior week, prices gave a breakout from the Falling Wedge pattern which is a bullish reversal pattern, said Vidnyan Sawant of GEPL Capital
Investing internationally is an important piece of diversification. A 10% exposure to international markets is a good target to have initially. When you invest in US indices, it’s not just about getting geographical diversification in your portfolio. It’s also a play on rupee depreciation, which over the years, has been beneficial for Indians investing in international equities. These days, there is another interesting option available for those looking for aggressive investments in US tech stocks – the NYSE FANG+ Index. It is less diversified than the Nasdaq-100 but still comparable as both focus on tech stocks heavily. Watch the video for more.
Zomato's stock is getting punched hard as the share fell to a record low. A sinking ship could see many of its early investors take the escape boat but CJ is not losing hope while Santo has that 'I told you so' speech ready. Watch the duo debate on what lies ahead for the online food aggregator with Moneycontrol’s Nisha Poddar. Plus know the duo's thoughts on Navin Fluorine and Canara Bank.
After two years of hibernation, Uday Kotak's Kotak Mahindra Bank is flexing its muscles again and CJ believes it is coming after ICICI Bank. Santo, however, remains sceptical. Watch Santo & CJ debate which out of the two lenders should investors be betting on. Plus the duo's thoughts on Infosys, YES Bank and JSW Steel.
Prashant Jain, a celebrated fund manager, is out of his way from HDFC AMC and CJ believes that his exit could spell more trouble for the company while Santo still believes in the greatness of the institution. Plus the duo spar over the outlook for UltraTech, Cyient and Gokaldas Exports.