Stocks to buy today: Sun Pharma, Lupin among top 6 trading ideas for 27 December 2024
The Indian market is likely to trade higher on Friday, tracking positive global cues. The Nifty futures closed in the negative with losses of 0.09%, at the 23,748 levels on Thursday. On the options front, the maximum Call OI is placed at 24,000, followed by the 25,000 strikes, while the maximum Put OI is placed…
READ MORE
Sensex rejig in December: Zomato to see $513 million inflows amid shake-up for 6 stocks!
The BSE Sensex undergoes its periodic rebalancing on December 23, to reflect Indiaβs evolving market dynamics. Food delivery firm Zomato replaces steel giant JSW Steel in the 30-share benchmark index. This reshuffle is set to drive $513 million in inflows into Zomato, while JSW Steel faces $252 million in outflows as institutional investors adjust portfolios,…
READ MORE
How to build a resilient portfolio to achieve sustainable growth
βA calm sea doesn’t make a skilled sailor ” This age-old wisdom holds true in Investing, where skills of an investor are often tested by the lashings of market volatility and other unpredictable and uncertain macroeconomic developments at a global scale. Given the turbulence periodically cropping up in global and domestic markets, it becomes critical…
READ MORE
sensex news: Sensex, Nifty off to a choppy start tracking global peers; all eyes on Powell speech
Domestic equity indices Sensex and Nifty opened flat on Friday, reflecting a pause in the global equities rally ahead of the Federal Reserve Chair Jerome Powell’s address later today, as markets await confirmation of U.S. rate cuts starting in September. The BSE Sensex was trading 42 points, or 0.05%, lower at 81,009. The Nifty50 was…
READ MORE
Avoid aggressive bets as markets may see volatility spike
Technical analysts advise avoiding aggressive bets until global market conditions stabilise. If Nifty stays below 24,800 and VIX remains above 14.5%, a correction is likely, with key support at 24,540 and 24,210. Stocks like Nykaa, HDFC Bank, Sun Pharma, TCS, GAIL, Adani Ports, ITC, Chambal Fertilisers, KNR Construction, Oil India, and CESC look promising, according…
READ MORE
Q1 results today: ITC, Tata Motors among 88 companies will announce earnings on Thursday
The first quarter earnings season is underway and as many as 88 companies will announce their quarterly numbers on Thursday. Key results to watch out for include ITC, Sun Pharma, Tata Motors, Adani Enterprises, Adani Ports, Zomato and Dabur. Apart from the above, companies like AB Capital, Clean Science Tech, Emami, Escorts Kubota, Indegene, Le…
READ MORE
132 smallcap stocks offer double-digit weekly returns in volatile Budget week
The Budget week has not sparked any significant excitement in the market as the government measures were both populist and prudent. The increase in short- and long-term capital gains taxes added to the volatility. During the week, as many as 132 smallcap stocks delivered double digit weekly returns with eight of them offering over 25%…
READ MORE