Dalal Street week ahead: Sector rotation in focus; where to find opportunities in market
Market Overview The markets continued to stay tentative over the past five days, trading with a weak undertone as the Nifty digested the reaction to the US election outcome. Although there were two days of a strong technical rebound, this was subsequently sold into, which kept the Nifty in a broadly defined range. The trading…
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Markets face challenging setup; focus on resilient stocks for safety
The over-deviated markets continued to extend their losses for the fourth week in a row. Over the past five days, barring a few feeble attempts to stage a technical rebound, the Nifty remained largely under sustained selling pressure. The markets extended their downsides while giving up key supports on the daily charts. The trading range…
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F&O Radar| Deploy Bear Put Spread in Nifty to gain from bearish stance, market volatility
The Nifty Index opened flattish on Tuesday but bears were in full control right from the beginning of the session. The selling intensity increased in the second half and the index broke 24,450 zones. It formed a bearish candle on a daily frame and closed below 24,500 zones with losses of around 310 points. “Now,…
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Garuda Construction shares to debut today. GMP indicates flat listing
The shares of Garuda Construction will debut on the exchanges on Tuesday. Going by the grey market trends, the stock is expected to see a negative to flat listing. The IPO received a decent subscription of 7.5 times amid strong demand from retail investors. The company’s financial performance was robust in FY23, however the election…
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Nifty faces key levels; cautious approach advised for the week ahead
The week that went by was in complete contrast to the week before as the markets heavily consolidated in a tight range. In the week before this one, the Nifty had seen a significant retracement of over 1167 points; however, over the past five trading days, the index stayed totally devoid of any directional bias…
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How central banks can help in reducing market volatility
We have seen that the actions of a single central bank can swiftly influence market sentiment, capital flows, and economic stability across multiple countries. Central banks wield immense power to influence the stock market, with their policy decisions acting as inflection points for financial markets. The interplay between a Central Bank’s actions and the stock…
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It’s too early to panic, let the froth flow out
Don’t blame Japan. Don’t be overwhelmed by the US job numbers. And, learn to live with the periodic exploits of a seemingly endless cast of zealous, mercurial characters in the Middle East. These are just good reasons and strong triggers, probably transient, for large sophisticated international investors to pull back from a market that most…
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Global stocks plunge, bond prices rally as US data spooks
Surprisingly weak U.S. employment data on Friday stoked fears of a recession ahead, prompting investors to dump stocks and turn to safe-haven bonds. Treasury prices surged, sending yields to multi-month lows. Oil price benchmarks fell by more than $3 per barrel at their session lows. The U.S. dollar index dropped over 1% to its weakest…
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These midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 30%, according to analysts
Synopsis Once again mid cap stocks have been outperforming in the last few days. Even when Nifty and Sensex corrected, the mid cap stocks have been able to keep their head above water and the market breadth has been positive. This is happening as the “risk on trade” has once again started. While one cannot…
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Hedge your portfolio against Budget risk with these 4 strategies
The Budget Day in India has conventionally always been a big event, and most of the time this day is put up for volatility in the market as the world waits to hear the government’s fiscal policies and economic reforms. However, if one digs deeper into the past data, he shall be surprised to know…
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