“In largecaps, Nifty is trading slightly higher than its average valuation but has not reached high or historical valuation levels. So, in a way, largecaps become an easier choice right now compared to midcaps and smallcaps,” says Nimesh Chandan, CIO, Bajaj Finserv AMC.In an interview with ETMarkets, Chandan said: “If you are able to find … Read more
DHARMESH SHAH, HEAD OF TECHNICALS, ICICI SECURITIESWhere is Nifty headed this week?We expect Nifty to continue trade with a positive bias and gradually head towards 24,700 by July end. Higher peaks and troughs supported by market breadth signifies inherent strength (currently 86% of stocks are trading above 50-day EMAs), and the global setup continues to … Read more
“On the other side, the liquidity flow from the domestics continues relentlessly and we are amongst the few markets where the broader markets are doing so well,” says Mihir Vora, CIO, Trust MF.At 24,000 odd, a lot of investors who have made very handsome gains in their portfolios, trading books, as well as running their … Read more
It is the beginning of the artificial intelligence (AI) world and we are all living in it. The growing might of advanced AI technologies, with the advent of ChatGPT and many other language models, has touched the financial world in many ways than one had imagined. A recent paper published by three scholars from the … Read more
“If you look at the larger picture, we are looking for the PSUs, neither we get too complacent about the move which happened very recently nor we get too tense about what happened in last two or three trading sessions,” says Sandeep Tandon, CIO, Quant Mutual Fund.I would like to start our chat around the … Read more
Tata Consumer Products. Share Price 1086.80 03:59 PM | 29 Dec 2023 45.80(4.39%) Tata Motors. Share Price 779.95 03:59 PM | 29 Dec 2023 26.06(3.45%) Bajaj Auto. Share Price 6797.25 03:59 PM | 29 Dec 2023 93.95(1.40%) Adani Enterprises. Share Price 2848.95 03:59 PM | 29 Dec 2023 39.05(1.38%) Eicher Motors. Share Price 4143.50 03:59 … Read more
