Shivangi Sarda, Manager Research Analyst, Motilal Oswal Financial Services, says Maruti has been the top gainer today and good buying is seen in this stock. RSI is showing a positive divergence and this stock has moved after a consolidation of the last five months. Rs 13,800 is the next target for Maruti with the support … Read more
Domestic markets touched record highs in the last week amid a rally in the global markets. In the coming week, all eyes are on the US Fed meet outcome, scheduled for September 18. “The prevailing market trend is expected to continue, and we are targeting 25,550 in the Nifty as the immediate goal. The recent … Read more
Indian market is expected to trade higher on Tuesday tracking positive global cues. The Nifty Future closed negative with losses of 2.50% at 24,094 levels on Monday. India VIX was up 42.63% from 14.40 to 20.42 levels. On the options front, the maximum Call OI is placed at 26,000 and then towards 25,000 strikes while … Read more
Indian market is expected to trade higher and might even hit fresh record highs tracking positive global cues. The Nifty future closed positive with gains of 0.67% at 24365 levels on Wednesday. India VIX was down by 3.19% from 13.67 to 13.20 levels. On the options front, the maximum Call OI is placed at 25,000 … Read more
SUDEEP SHAH HEAD – TECHNICAL & DERIVATIVE RESEARCH DESK, SBI SECURITIES Where is the Nifty eaded this week? Market’s focus would now shift to monsoon and the Union Budget. India VIX has cooled off 60% from the highs of 29-30 levels to the 13 zone, implying smooth sailing for the markets in the near term. … Read more
Bulls returned to Dalal Street with full force on Friday, as the Sensex closed over 1,600 points higher, reaching a new all-time high, while the Nifty 50 advanced over 468 points. Both indices successfully erased all losses from June 4. Nifty50 closed 2.05% or 468.75 points higher on Friday at 23,290 while the 30-component BSE … Read more
Foreign institutional investors (FIIs) continued their selling spree on Thursday, offloading Indian equities worth Rs 6,867.72 crore even as domestic buyers remained net buyers at Rs 3,718.38 crore. Notwithstanding the sell-off by foreign investors, Indian headline indices on Thursday ended in the green for the second day in a row aided by strong gains in … Read more
Shares of railway firms tumbled by up to 13% in early trade on Tuesday, June 4, as early election trends did not align with exit polls. Shares of Rail Vikas Nigam tumbled nearly 13% to Rs 351.7, while Ircon International saw a 12% decline. RailTel Corporation of India, IRFC, Texmaco Rail & Engineering, and IRCTC … Read more
D-Street fear index India VIX fell 22% to the day’s low of 19.12 on Monday after a screaming call by exit polls suggesting the return of the incumbent Bharatiya Janata Party (BJP) led NDA government. At 1:20 pm India Vix stood at 20.21, down by 17.85% from 24.60 on Friday. According to the average of … Read more
A 15-20% correction from current levels should not shake the confidence of investors and they should remain invested with a view beyond June 4, the day when the fate of the incumbent NDA government and the India alliance will be decided, experts opine. Post the event, the focus will get back to earnings, growth, and … Read more
