Category: Market Outlook

Some of the stocks in focus were SAIL, which fell more than 2 percent, IDFC First Bank that dropped more than 5 percent, and Tata Motors which closed with a loss of nearly 3 percent in the previous trading session. ‘); $ (‘#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’] = […]

The recovery seen in the last one hour of the trade helped benchmark indices recoup some of the losses on April 19 but the Sensex failed to go past 48,000, while the Nifty managed to close above the recent swing low of 14,250, which is a positive sign. Finally, the Sensex fell 882 points to […]

A breakout from the upper end would resume the uptrend; however, a breakdown below 14,250 which looks unlikely at the moment would push the Index to 14,000 levels on Nifty, says Agarwala. ‘); $ (‘#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 […]

A breakout from the upper end would resume the uptrend; however, a breakdown below 14,250 which looks unlikely at the moment would push the Index to 14,000 levels on Nifty, says Agarwala. ‘); $ (‘#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 […]

April 19, 2021 / 11:33 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) { […]

The Indian market underperformed global peers for the week ended April 16 as daily COVID cases topped 2 lakh, forcing states into partial lockdown and tighter curbs. The Nifty and the Sensex closed with losses of about 1.5 percent. However, US markets hit a fresh record high on strong economic data. “S&P 500 and the […]

Experts believe that the consolidation is likely to continue in benchmark indices while there could be stock-specific opportunities ‘); $ (‘#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 […]

Pankaj Pandey, Head of Research, ICICI Securities, expects the Nifty earnings to nearly double on YoY basis to Rs 170 a share in Q4FY2 on a favourable base. He sees metals and oil & gas space doing well but has concerns for the auto space, a key user of commodities that have been rising steadily. Pandey […]

For the upcoming week, the Nifty has strong support at 14,250 levels. While breaching below, it can fall towards 13,800-14,000 levels, says Sumeet Bagadia. ‘); $ (‘#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 = […]

Market’s concern about the imposition of a second nationwide lockdown faded last week as announced restrictions in most states were not as stringent as expected. However, volatility has come back as the Centre and state governments are considering additional restrictions due to the increasing infection rate and to curb the spread of COVID-19 across the country. During the week, […]

The Board of Directors of the company has proposed a final dividend of Rs 4 per share for FY21. Representative image ‘); $ (‘#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( […]

Pre-provision operating profit is also expected to grow in the range of 15-20 percent in the March quarter YoY. ‘); $ (‘#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( […]

Concerns regarding the second wave of COVID-19 cases have dampened sentiments as the realty sector was just looking forward to nascent recovery, and this has resulted in some additional pressure on the sector’s stocks, Mehul Kothari, AVP – Technical Research at AnandRathi said in an interview with Moneycontrol’s Kshitij Anand. Here are edited excerpts of the […]

Shridatta Bhandwaldar of Canara Robeco MF feels that the economy will continue to improve through CY21. “This is driven by global and local stimuli on fiscal side, easy monetary policies and financial and operating leverage playing out, as growth rates improve,” he said in an interview to Moneycontrol’s Sunil Shankar Matkar. Canara Robeco MF’s strategy […]

Indian markets remained volatile in the truncated week largely on account of the rise in COVID-19 cases that led to partial lockdowns in various parts of the country, as well as a fall in the rupee against the USD, and selling by foreign institutional investors. The S&P BSE Sensex fell 1.5 percent while the Nifty50 […]

Dear friends, first-time investors: you have experienced the joys of a stock market that has risen like a phoenix, driven by seemingly rapid economic recovery in the aftermath of the novel coronavirus pandemic. Some of you are now tentative, having taken a few “hits” in a volatile market. The environment seems to be shifting from […]

The S&P BSE Sensex closed flat with a positive bias on April 16 but bulls failed to hold on to the momentum and closed 1.5 percent lower for the week ended April 16. The Nifty50 managed a close above 14,600. The S&P BSE Sensex rose 28 points to end at 48,832, while the Nifty50 was […]

April 15, 2021 / 09:17 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) { […]

Some of the stocks in focus were Balrampur Chini, which rose more than 9 percent, Wipro that gained more than 2 percent ahead of results, and HDFC Bank which closed with gains of over 2 percent 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){ $ […]

Since hitting record highs in February 2021, the Indian markets have mostly traded sideways with a negative bias amid a resurgence in COVID which could potentially derail economic recovery. In the face of uncertainties, benchmark indices have dropped about 6 percent from life-time highs, but more than half their constituent stocks are down 10-20% from their respective 52-week […]