Category: Market Outlook

February 16, 2021 / 02:57 PM IST ‘); $ (‘#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 ) { $ (‘#backInner1_rhsPop’).html(data); $ .ajax({url:url, type:”POST”, dataType:”json”, data:{q_f:typparam1,wSec:secglbVar,wArray:lastRsrs}, success:function(d) { […]

Stocks like Chola Investment rose over 13 percent, ICICI Bank closed with gains of over 4 percent, and Motherson Sumi rose nearly 7 percent were some of the socks in focus. ‘); $ (‘#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’] […]

Indian markets have been on an upward trajectory since Union Budget which was announced on February 1. The growth-oriented proposals by Finance Minister Nirmala Sitharaman have helped Sensex climb 52,000 levels after a steep correction prior to the Budget. Nifty50 also raced past 15,000 for the first time on February 5 and it took only six sessions for […]

Kuleen Tanna, Portfolio Manager at Fidelity International highlights that the start of a new investment cycle (both in real estate & corporate capex) supported by favourable government policies and easy liquidity (both locally & globally) can lead us into a virtuous cycle of strong economic growth for many years to come. In an interview with […]

Representative image. The S&P BSE Sensex, which has rallied more than 12 percent since the Budget, went past 52,000 for the first time on February 15 to hit a new high of 52,235, while the Nifty50 also hit another life high of 15,340. The Sensex rose 609 points to 52,154, while the Nifty50 rose 151 […]

February 15, 2021 / 01:36 PM IST ‘); $ (‘#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 ) { $ (‘#backInner1_rhsPop’).html(data); $ .ajax({url:url, type:”POST”, dataType:”json”, data:{q_f:typparam1,wSec:secglbVar,wArray:lastRsrs}, success:function(d) { […]

Neeraj Chadawar of Axis Securities valued the Nifty at 22x at FY23 earnings translating to December 2021 target for Nifty at 16,000, after December quarter earnings season. Overall, earnings visibility has improved across the board; Nifty FY21 and FY22 EPS have been upgraded by 6 percent till now during the quarter with likelihood of further […]

Financial is the sector to be in given the expect expected growth in government and private consumption expenditure that is gradually feeding into the capex cycle, said Kashyap Javeri of Emkay Investment Managers The Fund Manager at Emkay Investment believes Budget 2021-22 kept the focus on growth by providing fiscal glide path till FY26. edited excerpts: Q) […]

Getting the perfect gift to make Valentine’s Day special and memorable is a difficult task. Picking a gift is a matter of choice but if the idea is to ensure the well-being of the loved one, then financial gifts are worth looking at. They not only convey the message but also ensure your partner’s financial […]

On the downside; intermediate supports are at 14900 and 14600 for Nifty50. A weekly close below 14600 could be a damaging factor in the coming 3 – 4 weeks, says Kothari. ‘); $ (‘#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’] […]

The Indian market has had a good run but there is worry if the rally would continue. The market had some anxious moments ahead of the Budget, leading to a correction of about 8 percent. From that level, the Nifty50 is up by about 12 percent. This performance is a notch above the past Budget […]

The ONGC board also approved formation of a new wholly-owned subsidiary company for focusing on gas and LNG business value chain subject to necessary approvals. PTI February 14, 2021 / 02:58 PM IST ‘); $ (‘#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”); […]

Grasim’s viscose and chemical segments showed revenue growth of 27.8 percent and 13.8 percent, respectively, for the December quarter. ‘); $ (‘#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( […]

“Rationalisation in custom duties on metals could increase imports and create competition for domestic players. Though the metal industry will get the benefit of infrastructure push, domestic manufacturers could face the heat from cheap imports. Therefore, we would recommend trimming the metal exposure in the portfolio,” Vinit Bolinjkar, Head of Research at Ventura Securities, said in […]

Consolidated revenue from operations declined 5.9 percent year-on-year to Rs 1,723.1 crore in Q3FY21, beating analysts’ estimates. ‘); $ (‘#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 ) […]

Stocks like Route Mobile rose to a 52-week high and was locked in the upper circuit of 20 percent while Affle India closed with gains of 10 percent were some of the stocks in focus on Thursday. ‘); $ (‘#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”); […]

In a nutshell, Nifty is flirting around the important Gann level of 15190. A decisive weekly close above 15250 giving some leeway will indicate a resumption of the positive trend. Nifty has reversed sharply post the Budget. But see Gann levels that worked so extremely well in providing support and resistance to prices. See the […]