Author: India

Kanika Agarrwal, co-founder and chief investment officer, Upside AI, is of the view that the new generation of equity investors has a lot to learn. They started in a bull market and that isn’t a great teacher, she says. The fintech startup, inspired by Benjamin Graham’s book The Intelligent Investor, was founded on the belief […]

Stocks that were in focus include Bharat Electronics which rose nearly 4 percent to hit a 52-week high, and Happiest Minds saw gains of over 13 percent. ‘); $ (‘#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=”; […]

Somany Ceramics is in an uptrend and most technical indicators suggest the momentum will continue. The stock hit a 52-week high of Rs 650 in June. It could well hit the Rs 978 level in 6-9 months, say 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){ […]

If the Nifty slides here on, 15,400 will be the decisive support and a breach will drag the index towards 15,000 that could again be a buying opportunity, say 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) […]

The Indian market snapped a four-day losing streak to close in the green on July 2. The Nifty, which slipped into the red managed to recoup losses, to close 42 points higher at 15,722. The Sensex gained 166 points to end at 52,484. On the broader market front, the BSE smallcap index closed more than […]

In the past few months, market has had a fantastic bull run. While the wealth generation potential of equities is well-known, only a handful can utilise this asset class to enhance their riches. It hit fresh record high in June. When the market nosedived in March 2020, several investors panicked and withdrew. However, market recovered […]

In a volatile week, the benchmark Nifty touched a lifetime high of 15,915 but erased gains and closed below 15800 levels. Meanwhile, the broader market, especially the smallcaps, continued their good run. The S&P BSE Sensex and the Nifty50 closed 0.8 percent lower each for the week ended July 2, compared to a 0.2 percent fall seen in the […]

With a poor show from the macroeconomic end, investors will look for cues from the upcoming result season to position themselves going forward, Nirali Shah, Head of Equity Research, Samco Securities said in an interview with Moneycontrol’s Kshitij Anand. Edited excerpts: Q) We hit a record high on Monday and since then Nifty50 was consolidating. […]

Indian markets failed to hold on to the gains made early in the day and closed in the red on June 4 after the Reserve Bank of India’s monetary policy committee (MPC) held key rates steady. The central bank, however, lowered its 2021-22 estimate for the economic growth to 9.5 percent from 10.5 percent due […]

The bull run in the stock market may continue as long-term fundamentals are strong but investors need to tone down their expectations and brace for some volatility as valuations are high and the trajectory of the pandemic is uncertain, experts said. The market rally, which has continued so far in June, has been broad based. […]

The central bank has maintained an accommodative stance but there are opportunities in the rate-sensitive space that investors can explore. ‘); $ (‘#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”, […]

The stock is expected to move higher and gradually head towards Rs 1,532 in the coming months, say 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=”; var url = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; $ .get( “//www.moneycontrol.com/mccode/common/rhsdata.html”, function( […]

Rusmik Oza, Executive Vice-President, Head of Fundamental Research at Kotak Securities, feels that some sectors such as private sector banks, insurance, housing finance, FMCG, oil & gas, automobiles, telecom, and construction still have a decent upside and could drive the market going forward. Oza has a rich and diverse experience of over 25 years in the equity […]

PNB Housing Finance rallied 10 percent to hit a fresh 52-week high on June 3, Titan Company rose over 6 percent, and Muthoot Finance closed with gains of nearly 7 percent. ‘); $ (‘#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’] […]