The strength in the market is expected to continue this week. Technical analysts predict Nifty could reach 23,400. Recommended stocks for trading this week include Reliance, SBI, L&T, Tata Power, Tata Steel, JSW Energy, Granules, JK Cement, BEL, Ashok Leyland, TVS Motors, RCF, Tata Tech, and Tata Elxsi. DHARMESH SHAH HEAD OF TECHNICALS, ICICI SECURITIES … Read more
Central banks worldwide are playing a pivotal role in driving the ongoing bull run in gold prices. This article aims to dissect the intricate connection between central bank actions and the surge in gold prices, shedding light on the factors contributing to this phenomenon. Understanding Central Banks’ gold accumulation Diversification Strategy: Central banks are actively … Read more
While investing, everyone who adheres to a clearly defined rule-based strategy stands a chance to make money. If the rules have stood the test of time, the odds of winning are even higher. Factor-based or smart beta exchange traded funds (ETF) adopt this rule-based approach of portfolio construction. They can be an interesting portfolio candidate … Read more
India’s domestic indices notched all-time closing highs on Thursday, powered by gains in financial stocks, as the central bank’s record dividend to the government kindled hopes of a reduction in the country’s fiscal deficit. Stocks that were in focus include names like ITC, which rose 0.068%, KPI Green, which jumped 0.82%, and Grasim, whose shares … Read more
Benchmark indices closed higher on Wednesday amid buying in blue chips even on the back of mixed cues from global markets. The 30-share Sensex climbed 267 points to settle at 74,221.06 and Nifty rose by 68 points to finish at 22,597. Stocks that were in focus include names like Indian Bank, which fell 1.33%, Sun … Read more
“The markets have run up significantly. We are trading at all-time highs and a lot of the positives of the election seem to have got priced in,” says Dipan Mehta, Director, Elixir Equities.We are talking about the markets amidst this time of election and the kind of run-up that we have witnessed. How do you … Read more
Investors who are bullish on the long-term prospects of the Indian equity markets, but believe valuations have run ahead and that the markets can be volatile over the next few months can stagger their investments using a systematic transfer plan or STP. WHAT IS A SYSTEMATIC TRANSFER PLAN? STP is a way to stagger money … Read more
Investors can look for opportunities in stocks that have reported better-than-expected earnings for FY24. Out of the 1,375 stocks with market capitalisation exceeding Rs 1,000 crore, 374 have surpassed analysts’ earnings per share (EPS) estimates in FY24, according to data from LSEG. Among them, 20 are likely to offer returns exceeding 10% over the next … Read more
New York: When US markets reopen next Tuesday after the long weekend, everything will likely seem normal. It’s only after the close and in the following days that any cracks are expected to appear. A spike in the number of failed trades, operational glitches and additional costs are among industry fears as the trading process … Read more
New Delhi: The selling spree in Indian stock markets by foreign portfolio investors (FPIs) turned aggressive in May, partly attributable to a strong US dollar, sticky inflation particularly in the food segment, and poll outcome-related anxieties. With over 10 days more to go in May, the latest data from National Securities Depository Limited (NSDL) showed … Read more
