Equity markets conclude the May series on a positive note. Markets gained momentum in early hours on hopes of unlocking - given the decline in Covid cases. However, RBI’s warning of the risk bubble in annual report turned investors cautious. However, Nifty managed to close at record level aided by banks, IT & metal stocks. Meanwhile, realty and FMCG shares closed weak
Benchmarks snapped sideways move seen over last two days to end higher on Wednesday. IT counters aided the upmove, while auto and financial stocks continued to fall. Watch this video for a detailed wrap on today’s market action.
With the second wave of the Covid-19 pandemic hitting the country hard, consumer sentiment is likely to get impacted. Intermittent lockdowns and lower disposable income will possibly put a check on overall consumer spending and especially expenditure on FMCG products that are discretionary in nature. In this edition of Ideas For Profit, we find out how COVID-19 and consumer sentiment will impact FMCG stocks in FY22
As the surge in COVID-19 infections take hold, the banking industry faces a trial by fire. But there are still some names that can stand tall amid this scare. In this edition of Ideas For Profit we focus on some of the banking stocks where investors can bet during these tough times
Which sectors should investors bet on? What will be the market outlook for FY22? Watch the video to find out
What does the new financial year hold for the markets? Will sectoral winners of FY21 dominate the current year as well? What are the things to remember before investing in an IPO? What sectoral opportunities investors can expect in FY22? Find out answers to all these questions in this special edition
Gold may remain choppy ahead of Fed decision, however, general bias may be on the upside amid expectations that Fed and other central banks may maintain a dovish stance.
Intellect Design rose nearly 17 percent on BSE; Fortis Healthcare, which hit a 52-week high, closed with gains of nearly 4 percent; and General Insurance Corporation closed with gains of 8 percent. Here's what you can trade these stocks today:
The rise in inflation recorded for February as well as a contraction in IIP for January could weigh on markets this week but the broader trend still remains on the upside, suggest experts
History suggests that the passage of the stimulus package will give boost flows, especially into emerging markets such as India, but this could also mean a rise in inflation. Which sectors should investors be looking at in this scenario? Read on to see what the experts have to say
It is prudent for investors to wait for a decisive breakout above 15,250 and technical factors to improve before going long in the market, suggest experts.
The silver lining is that the markets are in an uptrend. As long as India Inc continues to deliver, and micro and macro data remain strong, most dips will be bought into, say analysts.
Adani Total Gas rallied more than 15 percent, HEG gained more than 9 percent, and Adani Transmission, which hit a fresh 52-week high, closed with gains of nearly 6 percent
On an immediate basis, the index has support near 14,800 followed by 14,750
Experts are of the view that big opportunities will arise from the banking, infrastructure and industrial sectors. HDFC Bank, ICICI Bank and Infosys among top bets
As new Peak Margin rules by Sebi kick in today, a look at the finer details of how the new rules will impact investors, day-traders and the overall trading volumes.
The call writers in 13000 both in upcoming weekly as well as monthly expiry indicate a hurdle around current levels for further upside.
The Bank Nifty showed immense strength and outperformed the Nifty. It formed a big bullish candle on the weekly scale for the second consecutive week.
The Principle of Polarity states that once a resistance level is breached, it changes its nature and becomes support the next time it is approached. This happens due to a change in demand and supply.
In next trading session, if index trades below 11,250 levels for more than 30 minutes then intraday traders should create short positions for a modest targets of 11,185 levels, Mazhar Mohammad of Chartviewindia.in advised.
Last week, with the help of mid-week upticks Nifty did manage to post a gain of close to 2% on the charts.
Nifty OIPCR which is already on a high horse made yet another recent high around 1.9, only to be humbled by the latter consolidation. The week ended with almost unchanged OIPCR.
More Longs than Shorts in Bank Nifty makes the index relatively week with the option composition affirming the nervousness in sentiment hence a hedge via Bear Put Spread is advised.
There is a bright possibility that straight forward single option or a future could get a rather unpleasant early exit. In case one is ready to hold the draw down (maximum notional loss posted) would keep the profile of the trade rather unattractive.
Experts are of the view that the trend in the yellow metal is likely to stay on the upside; hence, investors should use the dip to buy for a near term target of Rs 45,000-46,000.