Synopsis As the Dalal street continues to be in party mode, staying bullish would appear to be the most logical thing at this point of time. Why fight against a trend, while staying bullish, just add an element of caution. When we use the word caution, we mean stay with quality and especially if one … Read more
Synopsis After a minor correction, markets are once again on roll. This time the upward movement has been led by IT stock. When it comes to nifty and sensex, it is dominated by IT and financial services. So as the financial services stocks take a breather, a sectoral turn is taking place and the nifty … Read more
Countries making up over 60% of the world’s economic output and more than half of its population hold elections this year. Markets face a “ballot box bombshell”, financial services group Morningstar says, adding: “prior experience of this kind of event risk shows big changes can cause sell-offs”. Here’s a look at the elections that matter … Read more
The upward trend of Nifty is expected to persist in the near term, but the index may encounter resistance around 21,800-21,850 levels. Technical analysts suggest that a definitive move above 21,850-21,900 is necessary to unlock the next upside target of 22,200. Analysts recommend stocks like Axis Bank, Canara Bank, Divi’s Labs, Cipla, Coforge, Infosys, ITC, … Read more
Mumbai: Real estate stocks were among the top performers on Thursday as the bullish momentum in the sector drove the share prices of many of them to record levels. The Nifty Realty index soared 6.76% – its largest single-day jump since September 2021 – to its highest closing in 15 years as against the Nifty’s … Read more
Mumbai: Kotak Institutional Equities’ fair value estimates of 50 stocks of Nifty shows only six stocks could return more than 10% from current levels. These include State Bank of India, SBI Life Insurance, ICICI Bank, Infosys, Adani Enterprises and HDFC Life Insurance. The brokerage said while most sectors are overvalued, valuations are ‘somewhat’ reasonable only … Read more
Most market participants consider the New Year to be another promising period for investors after bumper returns in 2023. But with the stock market at record levels and valuations considered rich, it will be crucial to hold stocks that are less vulnerable to sharp declines in the event of a reversal in the bullish momentum. … Read more
Synopsis In theory, lower interest rates are supposed to push demand for real estate. but if one looks at what has happened in the last one year, this theory has been turned upside down. Interest rates are high on a relative basis as compared to what they were three years back, but still demand for … 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
Synopsis At a time when everything on the street appears good and green, there is a case of being selective. The reason, if it is in a raging bull market, the street never stays in this all good and green mode forever.when the street starts to become selective, it is stocks where there are some … Read more
