Nifty: Nifty seen consolidating, go easy on longs: Analysts

Traders must be cautious while being aggressively bullish on the market this week after the recent swings, said technical analysts. NTPC, Tata Power, TCS, Infosys, Dr Reddy’s, Maruti, Siemens, AB Capital, Exide, Coal India, and BSE could continue to witness strong buying interest, according to technical analysts. SUDEEP SHAH HEAD – TECHNICAL AND DERIVATIVE RESEARCH, … Read more

What to expect from Nestle, Tata Consumer & Britannia earnings next week? Sudip Bandyopadhyay answers

“While these companies have performed exceedingly well this current financial year, the next financial year probably will not be as good,” says Sudip Bandyopadhyay, Group Chairman, Inditrade Capital We just marked the Budget week and what are the standout sectors that are coming for you because while we were chatting with all the market experts, … Read more

Liquidity: Liquidity in deficit, FIs and companies turn to market repos for cash

Mumbai: The use of market repurchase (repo) transactions as a funding instrument for banks, mutual funds and other corporates has climbed to an all-time high as deficit liquidity in the banking system persists at elevated levels pushing up borrowing costs across the economy. A market repo transaction is used to raise short-term funds with securities … Read more

Will Interim Budget be a non-event for D-Street or will it rejuvenate bulls? Here’s what history shows

Be it an interim one or the actual Union Budget, equity markets witness their share of volatility in the run-up as well as post the big event. A look at the domestic market performance atleast a week prior to the Budget presentation over the last 5-6 years showed that caution and a certain level of … Read more

CEAT forays into steel radial tyres for two-wheelers

Tyre maker CEAT Ltd is foraying into steel radial tyres for two-wheelers with an aim to enhance its leadership position in the overall two-wheeler tyre segment and also to help premiumise the brand. The company, which on Friday launched its new premium range of two-wheeler steel radial tyres, is targetting both aftermarket and original equipment … Read more

Promoters: Promoters of some mid- and small-cap companies hike stakes in a sign of confidence

Mumbai: Promoters are usually known to buy shares in their companies when the market cycle is in a downturn but this time they are not waiting for a bear phase to up their stakes. As the stock market extended its record-breaking run, about two dozen companies – mid-cap and small-cap companies – have witnessed an … Read more

Remember this before you buy that high-flying penny stock

2024 is anticipated to be a significant year globally with upcoming elections in many countries. The stage is set for noteworthy political developments and potential leadership changes. More than 60 countries including India, the USA, Germany, and the United Kingdom, are set to hold elections in 2024, suggesting prolonged volatility in the global financial markets. … Read more

Tech picks: Trident, APL Apollo among 4 stocks to buy for returns of up to 27% – Money Making Ideas

Adani Ports & Special Economic Zone. Share Price 1171.90 12:43 PM | 08 Jan 2024 17.66(1.52%) HCL Technologies. Share Price 1446.50 12:43 PM | 08 Jan 2024 13.71(0.95%) Oil And Natural Gas Corporation. Share Price 218.50 12:43 PM | 08 Jan 2024 2.06(0.94%) Bajaj Finance. Share Price 7768.05 12:43 PM | 08 Jan 2024 56.91(0.73%) … Read more

investors: It could be time to ponder a ‘one foot out of the door’ plan

Some investors are finding themselves on the horns of a dilemma these days: Is it worth the risk to continue with winning equity bets into the fourth year of the bull run when share valuations are at a peak? Or is the risk of staying out of the bull market greater when just a few … Read more

Nifty target for 2024: Can market trek up to 25,000 or will fall below 20K?

Do you think Nifty will peak out at around 21,000-22,000-level? Hold on! The most bullish target for the new year 2024 goes as high as 25,000 while bears see the market crashing up to 20%. Domestic broking firm ICICIdirect has set Nifty target for December 2024 at 25,000 by valuing the index at 20x PE … Read more