Technical Stock Pick: 20% rally in 3 months! This PSU stock retest consolidation 1-year breakout zone

State Bank of India (SBI), part of the PSU banking space, has rallied more than 20% in the last 3 months but the stock recently bounced back from 1-year consolidation range breakout levels. Short-term traders can look to buy the stock for a possible target of Rs 841 in the next 1-2 months, suggest experts. … Read more

Technical Stock Pick: Berger Paints slips below 50 & 200-DMA; time to go short?

Berger Paints Ltd, part of the paint industry, fell more than 18% from its September 2023 high to trade below its long- and short-term moving average suggests a bearish trend. Short-term traders can look to go short in the stock for a possible retest of Rs 510 levels in the next 3-4 weeks, suggest experts. … Read more

Technical Stock Pick: Breakout from a ‘Flag’ pattern could take Gabriel India to fresh highs; time to buy?

Gabriel India Ltd, part of the auto component space, underwent consolidation after hitting record high in December 2023 which has taken the shape of a Flag pattern on the daily charts. A clear breakout from the pattern could take the stock to fresh record highs above 440 in the short to medium term, suggest experts. … Read more

A Last-Ditch Plan to Save the Crypto Industry

The book traces the following thesis: At first, the internet was open, but limited. Private companies brought interactivity to the web and grew fat on the proceeds, but that made it difficult for users to leave their networks and for competitors to enter the market. The concentration of power in the hands of Big Tech … Read more

Bitcoin ETFs Have Arrived. Here’s Who Stands to Get Rich

US regulators have approved a new breed of financial product that will give people a way to invest in bitcoin through their brokerage for the first time, as if it were a regular stock. A selection of financial institutions, including household names like BlackRock and Fidelity, have been given permission by the US Securities and … Read more

Retail investors: Retail investors’ faith in equities takes MFs’ AUM past Rs 50 lakh crore

Mumbai: Staggered equity investments through monthly plans surged to a record in December, helping draw substantial cash to mutual funds investing in risk assets through a month that saw the main index breach the 21,000 mark. Expectations of interest rates peaking out globally, political continuity after the state election results, and India’s world-leading growth credentials … Read more