Category: Market Outlook

Kotak Mahindra Bank shares clocked a massive 57 percent return in the quarter ended December 2020. 10. Kotak Mahindra Bank | Market Cap for the week ended October 30: Rs 3,06,331.09 crore | Loss during the week: Rs 32,570.94 crore. ‘); $ (‘#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’] = […]

Plans to reverse fiscal & monetary gains that benefited financial market in last 10 months to be biggest market risk Fast economic recovery even during pandemic, rising expectation on Joe Biden stimulus measures and the Union budget has taken market to new highs. Indian market was boosted by sustained foreign inflows and retail investors. Going […]

Umesh Mehta Samco Group’s research head Umesh Mehta sees volatility rising over the next few days, with the tug-of-war between the bulls and the bears expected to continue. The bears might be the winners eventually, given the overbought nature of many stocks and the high expectations from the Union Budget 2021 that is to be presented on February […]

The company posted a 40.5 percent sequential growth in consolidated profit at Rs 14,894 crore for the quarter ended December 31, 2020. ‘); $ (‘#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’; $ […]

Traders should look to create long positions on Nifty in the range of 14,300 with strict stop loss levels of 14,200 on a closing basis. ‘); $ (‘#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 […]

Nimish Shah of Waterfield Advisors feels as the rally is getting more broad-based, cyclical sectors are already seeing some good momentum. Sectors like IT, infrastructure, automobiles and agriculture could see traction in the run-up to the Budget 2021, he said in an interview to Moneycontrol’s Sunil Shankar Matkar. The government has already announced a slew […]

Net Sales are expected to decrease by 4.7 percent Y-o-Y (up 18.2 percent Q-o-Q) to Rs. 1,749.8 crore, according to Yash Securities. January 22, 2021 / 01:46 PM IST JBF Industries | Blue Daimond Properties reduced stake in company to 4.08 percent from 5.01 percent earlier. (Image: jbfindia.com) ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // […]

Representative image Sensex at 50,000 lit up screens on January 21 and the way the economy is progressing, the index can hit 1,00,000 by 2025, say some experts. The record run, however, didn’t really let investors in. After the breakdown in March 2020, markets moved only in one direction—the upside—leaving little room for investors to […]

Stocks like Havells India rose more than 11 percent, Voltas gained nearly 5 percent and Reliance Industries closed with gains of 2 percent ahead of results on 22 January. These were some of the stocks in focus on January 21. ‘); $ (‘#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’] = […]

Just for the sake of valuation, compromising on quality can be dangerous when we have a correction in the market. The standard parameters always remain growth, profitability, cash flow, and return ratios, Kunj Bansal, CIO, Karvy Capital, said in an interview with Moneycontrol’s Kshitij Anand. Q) What are your big expectations from the Budget 2021? […]

Tracking positive global cues, the Indian market hit a fresh high on January 21 but D-Street failed to keep the momentum going as investors preferred to book profits at higher levels. The S&P BSE Sensex closed in the red after hitting 50,184, the first time it hit 50,000. The index ended 167 points lower at […]

Representative image The recent Financial Stability Report (FSR) of the Reserve Bank of India (RBI) came as a shock but, thankfully, did not do a lasting damage to banking and financial stocks. The Nifty Bank went on hit fresh record highs earlier in January 2021 after struggling to outperform on a year to date basis […]

Raghvendra Nath of Ladderup Wealth Management feels the government is working with a lot of financial constraints right now and there is a very high chance of large fiscal slippage in the current year as well as the next year. In such circumstances, the government may increase its expenditure in key sectors to give impetus […]

Asian Paints shares rallied 39 percent during the quarter ended December 2020 and surged 53 percent in calendar year 2020. ‘); $ (‘#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”, […]

No one saw it coming—the Sensex at 50,000 or Ajinkya Rahane lifting the Border Gavaskar Trophy at the Gabba. Cricket is said to be the game of glorious uncertainties but the Indian market seems to be vying for the honours as well. The market sank into a COVID abyss when the lockdown was announced in […]

Positive global cues, as well as strong results from India Inc in the December quarter, helped Sensex climb Mount 50K with ease on Thursday while Nifty50 also broke above 14700 levels for the first time. The S&P BSE Sensex has almost doubled from the lows of 25,638 recorded back in March 2020. The average market […]

The Indian market, which rose about 15 percent in 2020, is well in control of the bulls. The positive momentum has carried on to the new year as benchmark indices are at fresh record highs in the run-up to Budget 2021. The S&P BSE Sensex climbed Mount 50K while the Nifty50 also hit a fresh […]

Bajaj Auto which hit its fresh 52-week high closed flat, Tata Motors rose more than 6 percent while MindTree closed with gains of more than 6 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=”; […]