Author: India

Food delivery giant Zomato had an impressive debut as it listed with gains of over 50 percent and closed the trading session on Juy 23 up 66 percent. Tracking the momentum in the primary markets, the Sensex and the Nifty, which were trading flat-to-lower in the morning session, saw good buying that the BSE Sensex […]

Zomato IPO listing: Risk-takers can consider holding for it a long way while conservative allotted investors should look to book healthy profits on listing day, suggest experts. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; […]

The recent upward price movement suggests that the momentum could take the stock towards Rs 700-780 in the next two to three months ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; […]

Zomato IPO listing: Risk-takers can consider holding for it a long way while conservative allotted investors should look to book healthy profits on listing day, suggest experts. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; […]

IDFC rose nearly 12% to hit a 52-week high, Jubilant FoodWorks gained over 11%, and Jindal Stainless saw gains of over 18%. Read on to know what Shrikant Chouhan of Kotak Securities suggests investors should do with these stocks ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ […]

The Nifty hit a fresh record high in June but rose just about 0.9 percent, however, the bigger performers were the schemes extended by portfolio management services (PMS) in the small and midcap space. The Nifty midcap 100 and Nifty smallcap indices were up 4-5 percent in June. Most schemes that outperformed the Nifty50 were […]

SAIL has been buoyed by a rally in metal prices and the company has also been reducing debt. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; $ .get( “//www.moneycontrol.com/mccode/common/rhsdata.html”, function( data […]

Indian markets pared gains after hitting a record on July 16, which has fuelled worries among market participants about a possible market top. The Nifty50 fell by about 2 per cent, after hitting a record intra-day high of 15,962 on July 16. Yes, the fall is steep, and Nifty50, as well as Sensex, might have […]

Here’s what Mazhar Mohammad of Chartviewindia.in recommends investors should do with these stocks when the market resumes trading today ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; $ .get( “//www.moneycontrol.com/mccode/common/rhsdata.html”, function( […]

Rahul Singh, CIO- Equities, Tata Mutual Fund says that India needs a second stage of reforms to kick-start the investment cycle which has now become key to sustain growth at a higher rate. Singh is a market veteran of over 25 years. He joined Tata Asset Management in October 2018 as CIO-Equities, leading the fund management and […]

Shankar Sharma, co-founder and vice chairman of First Global, said companies like HDFC Bank and Tata Consultancy Services have been built over decades of sensible management, not by burning cash. In an interview with Moneycontrol’s Kshitij Anand, Sharma said overhyped IPOs typically don’t do too well after listing. Edited excerpts: Q) Retail frenzy, FOMO, TINA? Or […]

There is no doubt that global GDP will see a sharp recovery in 2021 from the troughs of pandemic ravaged 2020. But, the strong resurgence is expected to continue well beyond pre-COVID levels into 2022. Substantial fiscal stimulus, near-zero interest rates, and significant spurt in household savings act as tailwinds. Delta/+ variant, which is behind […]

Indian shares ended lower for the third day on July 20 as investors remained wary of the spread of the Delta variant of the coronavirus threatening to derail the global economic recovery. The S&P BSE Sensex closed 355 points lower at 52,198, while the Nifty closed with losses of 15,632. The broader indices mirrored the […]

Stocks that were in focus include Indiabulls Real Estate, which rallied over 11 percent and hit a fresh 52-week high. Welspun India rose more than 6 percent while Angel Broking,too, ended with gains of over 6 percent. All these stocks hit a fresh 52-week high during the session. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // […]

Amit Jain, co-founder of Ashika Wealth Advisory, says that the positive trend in the market could be the result of Street’s expectation that the central banks will continue providing monetary support in the medium to long term. However, in the face of rising inflation, this assumption may not hold true. In an interview with Moneycontrol’s Sunil Shankar […]

In a day of two stellar listings, benchmark indices recorded their biggest percentage in over two months, falling over one percent each on July 19. At close, the S&P BSE Sensex fell 1.1 percent to 52,553 while the Nifty50 was down 171 points to close at 15,752. Meanwhile, bulls turned their focus on the primary market as stocks […]

Sun Pharma has been in a long-term uptrend. The stock, unlike its peers, is moving steadily and giving periodic dips. This price action has led to the formation of a higher top, higher bottom structure, says Siddharth Bhamre of InCred Capital. Buy it in the Rs 685-695 range, for a target of Rs 810, he […]