Category: Market Outlook

The Indian stock market is expected to open weak as trends on SGX Nifty indicate a negative start for the index in India. Profit booking on the April series expiry day led to S&P BSE Sensex closing below 50,000 while the Nifty50 witnessed selling pressure above 15,000. Sectorally, the buying was seen in metals, energy, oil […]

Stocks that were in focus include JSW Steel which closed with gains of nearly 10 percent, SAIL that rose over 8 percent, and Tata Steel which touched a fresh 52-week high 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”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); […]

Indian market closed in the green for the fourth consecutive day on April 29 but remained volatile throughout the session. The S&P BSE Sensex slipped more than 600 points from the day’s high to close below the crucial psychological level of 50,000. Profit-booking was seen in the Nifty50 on the April expiry day as well. […]

Consolidated revenue from operations climbed 35 percent year-on-year to Rs 12,433 crore in Q4FY21. ‘); $ (‘#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); […]

Fresh highs on the Nifty may be coming sooner than expected but 15,000-14,950 is likely to act as a strong hurdle, experts have said and that is what played out on April 29 morning as the index touched 15,000 but failed to hold on to it. The index has rallied more than 5 percent from […]

India Gold MCX June Futures trade higher on April 29 tracking positive trend seen in the international spot prices after the US Federal Reserve’s pledge to maintain an easy monetary policy to aid economic recovery. A weaker dollar provided further support to the precious metal. The dollar index edged 0.1% lower against its rivals, boosting […]

Stocks that were in focus include Bajaj Finance which closed with gains of over 8 percent and was the top Nifty gainer, TVS Motors which hit a fresh 52-week high post Q4 results on Wednesday. ‘); $ (‘#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”); […]

If the index sustains above 15,100, it may head higher above 15,250. The key support levels to watch out for in the short term are 14550 followed by 14,400 levels. ‘); $ (‘#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) […]

Indian market closed in the green for the third consecutive day in a row on Wednesday tracking positive global cues, optimism over COVID vaccine, and strong Q4 results from India Inc. The S&P BSE Sensex rallied by nearly 800 points while the Nifty50 closed above 50-SMA placed at 14,798 which is a positive sign for […]

Stocks in which he raised stake include Fortis Healthcare, TV18 Broadcast, Jubilant Pharmova, Agro Tech Foods, as well as MCX, shareholding data shows. ‘); $ (‘#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’; […]

The Indian stock market is expected to open flat as trends on SGX Nifty indicate a muted start for the index in India. Indian market rose for the second consecutive day in a row on Tuesday pushing benchmark indices above crucial resistance levels which is a positive sign for the bulls. The Nifty50 closed above 14600 […]

Stocks that were in focus include Alkyl Amines that rose 20 percent to a fresh 52-week high, Balaji Amines which rallied more than 19 percent, and Vinati Organics that closed with gains of nearly 3 percent on Tuesday. ‘); $ (‘#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 Indian market closed in green with gains of over 1 percent for the second day in a row on April 27, with the S&P BSE Sensex gaining 557 points to close at 48,944, while the Nifty50 rose 168 points to 14,653. Sectorally, buying was seen in metals, capital goods, industrials and energy space. On […]

Indian markets have been under pressure in April as traders turn cautious following a surge in coronavirus cases, with daily infections seeing a record rise and topping 3 lakh for almost a week now. The recent correction can be an entry point for some prominent and industry-leader companies in the NSE200 universe. “Long-term growth prospects […]

Revenue from operations in Q4 FY21 stood at Rs 24,023.7 crore, up 32 percent from Rs 18,198.7 crore in the year-ago period backed by strong double-digit growth in sales. Maruti Suzuki sold 4,92,235 vehicles in the March quarter, up 28 percent YoY. Maruti Suzuki ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ […]

Nifty has been trading in a downward sloping channel on the weekly chart. Any close above 14800 would result in a bullish breakout for the medium-term and in that case, Nifty could march towards new all-time highs. Vinay Rajani April 27, 2021 / 07:18 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); […]