Category: Market Outlook

Indian market fell for the second day in a row on Friday pushing the Nifty50 below 15700 levels. The S&P BSE Sensex fell by about 200 points amid muted global cues and worries over the spread of the dreaded Delta variant of the coronavirus. Let’s look at the final tally on D-Street – the S&P […]

Net Interest Income (NII) is expected to increase by 16.1 percent Y-o-Y (down 55.1 percent Q-o-Q) to Rs. 3,193 crore, according to Motilal Oswal. Broker Research July 09, 2021 / 10:54 AM 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”); […]

On the technical charts, a positive crossover between its 20-month and 50-month exponential moving averages indicates that the shares could rise towards Rs 1,100 in a year from now ‘); $ (‘#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) { […]

Kunj Bansal, CIO – Karvy Capital Zomato offering is expensive when seen in comparison to similar investment opportunities in the global market and such valuations are more due to the demand of offering and not necessarily based on the financials of company, Kunj Bansal, CIO, Karvy Capital, said in an interview with Moneycontrol’s Kshitij Anand. […]

India Gold MCX August Futures trade higher on Friday tracking positive trend in the international spot prices, which were up on a slight pullback in the US Dollar that made bullion less expensive for other currency holders. A drop in the US Treasury yields also offered support to the safe-haven metal, said a Reuters report. […]

Stocks that were in focus include Jay Shree Tea, which rose nearly 9 percent to hit a 52-week high, Speciality Restaurants (gained nearly 11 percent), and Sobha (saw gains of over 5 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”); […]

R Venkataraman, Chairman, IIFL Securities is of the view that apart from the US Fed policy, the capital flows to India are also vulnerable to high crude prices. Venkataraman has over 28 years of experience in the financial services sector. Prior to this, he was associated with ICICI, including ICICI Securities, their investment banking joint venture […]

Since hitting a 52-week high in March 2021, the stock entered a consolidation phase. However, technical charts suggest that the stock is now ready to resume the second leg of the rally. ‘); $ (‘#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 […]

July 08, 2021 / 09:39 AM 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) { […]

Kotak expects strong growth in earnings for these sectors – banks, capital goods, IT services, metals & mining and upstream oil & gas ‘); $ (‘#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’; […]

Naveen Chandramohan, founder & fund manager at ITUS Capital believes Zomato IPO should do well because of the supply-demand dynamics and interest among investors to own internet businesses. Although looking at the business today, it doesn’t appear to be a multibagger story, he said in an interview to Moneycontrol’s Sunil Shankar Matkar. Talking about healthy […]

Stocks that were in focus include Bharat Forge which closed with gains of over 5 percent, SIS rose nearly 4 percent, and Laxmi Organics closed with gains of 4 percent on Wednesday. RailTel Corporation of India | The company has received a work order amounting to Rs 23.43 crore (excluding GST) from Sagar Cable Network […]

Viraj Mehta, MD, PMS at Equirus sees the travel and tourism sector as a dark horse with the vaccination drive picking pace and pent-up demand for travel. Mehta is a market veteran of over 12 years. He was selected by Wall Street Journal (WSJ) as part of the “Asia’s Master Stock Picker” series for India and was also part of […]

With some buying interest among investors, the Indian market hit a fresh record close on Wednesday. The S&P BSE Sensex closed above 53000 while the Nifty50 ended above 15850 on a closing basis. Let’s look at the final tally on D-Street – the S&P BSE Sensex rose 193 points to 53,054 while the Nifty50 was […]

Kota expects Infosys to raise FY22 revenue growth guidance to 13-15 percent in constant currency terms from 12-14 percent earlier, while Prabhudas Lilladher expects the same to be revised to 14-16 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 […]

Technicals point towards some consolidation in the near term, but as long as the stock holds above Rs 280, dips can be used to buy, 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=”; […]