Category: Market Outlook

Since hitting record highs in February 2021, the Indian markets have mostly traded sideways with a negative bias amid 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 high. […]

Roop Bhootra, Executive Director Investment Services at Anand Rathi Shares and Stock Brokers, said investors should avoid companies that have low growth prospects and high leverage. Bhootra has more than 26 years of experience in the financial service industry. Over the years, he has successfully handled several critical responsibilities in the group, particularly in the area of […]

Indian markets remained resilient on April 15 despite restrictions kicking in Maharashtra and Delhi announcing a new set of curbs to stem galloping coronavirus infections. Investors took comfort from the fact a lockdown had been avoided. The Kejriwal government in Delhi imposed a weekend curfew in the national capital to control the COVID-19 surge on […]

Net Sales are expected to increase by 23.1 percent Y-o-Y (down 0.7 percent Q-o-Q) to Rs. 1,946.2 crore, according to Motilal Oswal. Broker Research April 15, 2021 / 02:44 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’] […]

Rahul Singh of Tata Mutual Fund feels the portfolio strategy in the present times needs to be balanced to capitalise on the various pockets of strong earnings recovery and outlook. “Investors should use this consolidation and uncertain phase in the market to rebuild equity exposure through a mix of hybrid (BAF, Balanced, Multi-asset) and diversified […]

Vinay Bharathwaj, Co-founder and Co-CEO, Stockal, says there was a huge demand from the Indian investors for Coinbase IPO. Just like IPOs of Snowflake or Airbnb, we are witnessing a 30-40% rise in our support requests for Coinbase listing, he said. Stockal is a global investment platform that enables investments in a diverse set of […]

Nifty50 is down 6 percent from the record 15,431 in Feb 2021 and has fallen below crucial short-term moving averages, which traders say is a bearish signal. The benchmark is lower than two important technical pointers—the 50-day moving average of 14,836, and the 50-day exponential moving average (EMA) of 14,640. Although the index bounced back […]

Some of the stocks in focus were TCS, which fell more than 4 percent post Q4 results, Infosys that was down nearly 2 percent ahead of results on Wednesday, and Wipro which closed with a downtick of over 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 […]

Piyush Nagda, Head, Investment Products, Prabhudas Lilladher, says the near-term focus is likely to shift towards defensives. IPOs for funding growth or big expansion should be preferred versus IPOs to repay debt or mediocre expansion, he says. Nagda has more than 20 years of experience of the financial service industry. He has worked with Motilal Oswal, […]

April 14, 2021 / 02:20 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) { […]

Upside AI co-founder and Chief Investment Officer Kanika Agarrwal is of the view that the US infrastructure push can result in greater demand for Indian commodity companies and large contracts for Indian IT players. Agarrwal, whose inspiration for Upside AI came from Benjamin Graham’s The Intelligent Investor, founded the fintech startup on the belief that technology makes […]

The metal index has turned out to be the outperformer of 2021, supported by global reflation, a weak dollar index and an uptick in demand across the world. The Nifty metal index has rallied 37 percent in the year 2021, so far, compared to a 6 percent rise in the year-ago period, data shows. Nine […]

Net Sales are expected to increase by 35.1 percent Y-o-Y (down 23.7 percent Q-o-Q) to Rs. 518.2 crore, according to ICICI Direct. Broker Research April 13, 2021 / 12:20 PM IST ttk_prestige_slide_300_250_89666698 ‘); $ (‘#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 […]

Indian markets witnessed a knee-jerk reaction that pushed benchmark indices lower by over 3 percent each on April 12 as sentiment turned risk-averse with the unabated rise in coronavirus cases fanning fears of extensive curbs or even lockdowns in the hardest hit states. The benchmark indices closed below crucial support levels and experts haven’t ruled […]

Harshal Patel (Image courtesy: IPL/BCCI) India’s biggest cricket event, the Indian Premier League (IPL), has started on a fiery note. This is the second season which will be played under COVID-19 restrictions, under which no ground audience is allowed, taking away a lot of fun from the game. If we draw parallels between the Indian […]

Some of the stocks in focus were Dr Reddy’s Laboratories, which gained nearly 5 percent with strong volumes, Cipla that rose more than 2 percent, and Infosys which fell 1 percent after hitting a fresh 52-week high. ‘); $ (‘#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”); […]

Harshad Chetanwala of MyWealthGrowth advised investors to continue remaining invested in equities. “Those who have surplus can use the consolidation in the market due to current situation by adding gradually during every reasonable fall,” he said in an interview with Moneycontrol’s Sunil Shankar Matkar. The co-founder of MyWealthGrowth feels it makes sense to be in export-oriented […]

The unrelenting record daily surge in coronavirus cases, fears of a lockdown in Maharashtra and tougher restrictions in other states battered the Indian share market on April 12, pushing the benchmark indices lower by more than 3 percent for the first time since February 26. The S&P BSE Sensex plunged 1,707 points to 47,883, while […]