GIFT Nifty down 45 points; here’s the trading setup for today’s session
Indian equities cheered BJP’s sweeping victory in the three states by rallying over 2% to hit fresh closing highs on Monday. “We expect market sentiment to strengthen further as the ongoing pre-election rally is quite strong now,” said Siddhartha Khemka, Head – Retail Research, Motilal Oswal. Here’s breaking down the pre-market actions: STATE OF THE…
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Stocks in news: Mamaearth, JSW Infra, Max Financial, HCL Tech, DCB Bank
GIFT Nifty on the NSE IX traded 45 points, or 0.22 per cent, lower at 20,815.5, signaling that Dalal Street was headed for negative start on Tuesday. Here’s a slew of stocks that will be in focus today for various reasons. MamaearthVenture capital fund Fireside Ventures Investment Fund plans to sell a partial stake in…
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Asian stocks slide as focus turns to US jobs
SINGAPORE – Asian stocks slipped to three-week lows on Tuesday while bonds and the dollar steadied as investors tempered expectations for cuts to U.S. interest rates and waited on U.S. jobs data. An interest rate decision is due in Australia in the meantime, with traders all but certain the central bank will keep rates steady,…
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Big movers on D-Street: What should investors do with ZEE, Lupin and Cyient?
Equity indices soared more than 2% to settle at record high levels on Monday, marking the fifth straight day of gains. The 30-share Sensex jumped 1,384 points to close at a lifetime high of 68,865 and the broader Nifty also climbed 419 points to hit its all-time closing high of 20,686. Stocks that were in…
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Chart Check: 20% rally in 3 months! This PSU bank hits a fresh 52-week high; should you buy or book profits?
Canara Bank, part of the PSU banking segment, rallied more than 20% in the last 3 months to hit a fresh record high in December 2023 and the chart pattern suggests that the rally may not be over yet. Short-term traders can look to buy the stock for a target of Rs 432 in the…
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Technical picks: ITC, Apollo Tyres among 4 stocks that can rally up to 15% in short term – Money-making Ideas
Adani Enterprises Share Price 2527.40 09:35 AM | 04 Dec 2023 164.70(6.97%) Adani Ports & Special Economic Zone Share Price 871.30 09:35 AM | 04 Dec 2023 43.50(5.25%) ICICI Bank Share Price 974.80 09:35 AM | 04 Dec 2023 28.10(2.97%) State Bank of India Share Price 588.75 09:34 AM | 04 Dec 2023 17.00(2.97%) NTPC…
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Upstream sector entering a multi-year upcycle after 8 years; RIL, ONGC could give 15-20% in 2024
We believe the upstream sector is entering a multi-year upcycle after eight years of underinvestment, and it continues to be our preferred sector in the oil & gas space. In our view, refining remains in a sweet spot, but marketing is expected to remain volatile. Global energy agencies (such as IEA and EIA) are forecasting…
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Study table designs for two students
Even though doing homework may be the last thing on your child’s mind, they still need a dedicated area to practise rigour and discipline. A study table is crucial for your child’s room because of this. Innovative study tables for kids will aid your quest by making homework and exam preparation easier. Most kids miss…
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Election verdict likely to push Nifty towards 21,000-22,500 in next 12-18 months; 30 stocks to bet on
The US markets have started their journey upwards and are just 2-3% away from their all-time highs and are showing positive momentum. The US Federal Reserve paused hiking interest rates and is cautiously optimistic about the economy. The Fed Rates are at 5-5.25%. Inflation is also around 3.2%, which is comforting and probably the reason…
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Meme-stock crowd plows into cross-asset rally lifting risky bets
A rally across all asset classes powering the S&P 500 to its best month in over a year has finally caught the attention of retail investors. The same traders who created the so-called meme-stock mania, with big bets on speculative companies, are back. And they are piling into the market’s favorite stocks — think Amazon.com…
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